Melbourne Property Sales Results
for Saturday 15th and Sunday 16th August 2015
A clearance rate of 77 per cent was recorded this weekend compared to 77 per cent last weekend and 73 per cent this weekend last year.
There were 735 auctions reported to the REIV today, with 567 selling and 168 being passed in, 71 of those on a vendor bid.
So far this year, there have been over 22,000 auctions held ñ this is up 14 per cent from last year and 12 per cent from 2010.
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 464
SB Sold before Auction: 102
SA Sold after Auction: 1
Passed in: 168
Passed in on vendor's bid: 71
Clearance rate: 77%
TOTAL AUCTIONS
This week: 735
Last weekend: 960
This time last year: 661
Postponed: 8
Withdrawn: 10
Auctions with no result: 97
PS Private Sales: 353
Total Volume (Auctions): $513.78mil
Total Volume (Private Sales): $204.18mil
Total Auctions Houses: 502
Clearance Rate: 80%
Median Price: $881,000
Total Value: $397,273,668
Total Auctions Flats/Apartments: 221
Clearance Rate: 70%
Median Price: $649,000
Total Value: $97,382,350
Total Auctions Vacant Land: 7
Clearance Rate: 71%
Median Price: $852,800
Total Value: $6,087,800
TOP 5 HOUSES
1. 95 Rowell Avenue, Camberwell $3,200,000
2. 37 Lynch Crescent, Brighton $3,000,000
3. 62 The Highway, Mount Waverley $2,935,000
4. 41 Fisher Parade, Ascot Vale $2,605,000
5. 18 Yeneda Street, Balwyn North $2,600,000
TOP 5 BARGAIN HOUSES
1. 6 Warianna Court, Kurunjang $250,000
2. 21 Lionheart Court, Epping $282,000
3. 10 Ewarts Road, Don Valley $301,000
4. 125 Seventh Avenue, Rosebud $320,000
5. 30 Earlston Place, Craigieburn $320,000
TOP 5 APARTMENTS
1. 1/312 Barkers Road, Hawthorn $1,805,000
2. 2/82 Vale Street, East Melbourne $1,805,000
3. 16.1/193 Domain Road, South Yarra $1,720,000
4. 4 Tanner Street, Richmond $1,505,000
5. 1/270 Balcombe Road, Beaumaris $1,220,000
TOP 5 BARGAIN APARTMENTS
1. 2/8 Walnut Street, Carnegie $235,000
2. 2/1152 Heatherton Road, Noble Park $290,000
3. 8/264 Hope Street, Brunswick West $305,000
4. 5/27 Dwyer Street, Clifton Hill $321,500
5. 3/133 Grange Road, Glen Huntly $325,000
Free Download: 8 tips for auction day
Source: http://www.reiv.com.au/PROPERTY-DATA/Auction-Results/Auction-Results