Melbourne Property Sales Results

For Saturday 15 and Sunday 16 October 2016

A clearance rate of 79 per cent was recorded this weekend compared to 81 per cent last weekend and 73 per cent this weekend last year. There were 904 auctions reported to the REIV, with 717 selling and 187 being passed in, 82 of those on a vendor bid. The top auction suburbs in the year to date are South Kingsville, Briar Hill and Huntingdale – with a 92 per cent clearance rate in each.

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The Detail

581 Sold at Auction
130 Sold before Auction
6 Sold after auction
187 Passed In
82 Passed in on Vendor bid
11 Withdrawn
23 Postponed
182 No result
84% Clearance Rate(Houses)
71% Clearance Rate (Units/Apts)
701 Total Auction Volume ($M)

Private Sales

358 Private Sales
220 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

17 Albany Rd TOORAK $6,250,000
95 Cochrane St BRIGHTON $3,295,888
209 The Boulevard IVANHOE EAST $3,150,000
16 Marina Rd MENTONE $3,033,000
4&6 Milliara St MOUNT WAVERLEY $2,850,000

Top Apartment Sales

3/1085 Malvern Rd TOORAK $2,205,000
1/36 Pleasant Rd HAWTHORN EAST $1,738,000
1/8 Faversham Rd CANTERBURY $1,680,000
2/78 Broadway ELWOOD $1,465,000
2/67 Staughton Rd GLEN IRIS $1,375,000

Bargain House Sales

2 Argyll Cirt MELTON WEST $271,000
58 Chris Ct HILLSIDE $344,000
16 Washington St DALLAS $345,000
18 Toongabbie Pl CRAIGIEBURN $374,000
46 Medway Rd CRAIGIEBURN $375,000

Bargain Apartment Sales

5/327 High St THOMASTOWN $265,000
6/305 Albion St BRUNSWICK $279,500
1/7 Ferndale Pde HIGHTON $285,000
2/79 Queens Pde FAWKNER $288,000
11/78-80 Wellington Rd CLAYTON $290,000

Source: REIV

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