Melbourne Property Sales Results

for Saturday 16th April and Sunday 17th Apriil 2016

Enzo Raimondo's Market Wrap

A clearance rate of 73 per cent was recorded this weekend compared to 73 per cent last weekend and 78 per cent this weekend last year. There were 741 auctions reported to the REIV, with 544 selling and 197 being passed in, 85 of those on a vendor bid. The outer suburbs have seen a significant increase - about 25 per cent - in the number of properties sold at auction this year.

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The Detail

440 Sold at Auction
105 Sold before Auction
197 Passed In
8 Withdrawn
1 Sold after auction
85 Passed in on Vendor bid
16 Postponed

Sales Highlights

Top House Sales
34 Middle Cr BRIGHTON $4,375,000
4 Ardene Ct HAWTHORN $3,950,000
17 Stephens St BALWYN NORTH $3,360,000
30 Highett St RICHMOND $3,001,000
5 Nicholson St HAWTHORN EAST $2,920,000

Top Apartment Sales

139 Cruikshank St PORT MELBOURNE $1,565,000
2/5 Greenways Ct PARKDALE $1,520,000
6/645 Toorak Rd TOORAK $1,480,000
9B Marquis Rd BENTLEIGH $1,435,000
1/5-7 Canterbury Rd CAMBERWELL $1,320,000

Bargain House Sales

4 De Burgh Rd DRYSDALE $267,000
12 Reading Cl ROXBURGH PARK $330,000
49 Michelle Dr HAMPTON PARK $339,00 0
6 Gunning La CRAIGIEBURN $341,000
39 Southern Cr CRAIGIEBURN $361,000

Bargain Apartment Sales

4/4 Ormond Rd ORMOND$260,000
9/160 Napier St ESSENDON$280,000
5/15 Sherwood St RICHMOND$297,000
3/8-18 Whitehall St FOOTSCRAY$301,000
8/196 Corrigan Rd NOBLE PARK$312,000

Source: REIV

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