Melbourne Property Sales Results

for Saturday 16th and Sunday 17th July 2016

A clearance rate of 79 per cent was recorded this weekend compared to 75 per cent last weekend and 81 per cent this weekend last year. There were 500 auctions reported to the REIV, with 393 selling and 107 being passed in, 45 of those on a vendor bid. Melbourne’s north is performing strongly at present - Mill Park and South Morang have recorded the highest auction sales this month, with South Morang also delivering nine per cent price growth in the June quarter.

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The Detail

330 Sold at Auction
61 Sold before Auction
2 Sold after auction
107 Passed In
45 Passed in on Vendor bid
10 Withdrawn
13 Postponed
97 No result
80% Clearance Rate(Houses)
77% Clearance Rate (Units/Apts)
299 Total Auction Volume ($M)

Private Sales

276 Private Sales
162 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

7 Churchill Av CHADSTONE $2,600,000
185-187 Manningham Rd TEMPLESTOWE LOWER $2,350,000
30 Tobias Av GLEN WAVERLEY $2,215,000
462 Canning St CARLTON NORTH $1,955,000
12 Morrison Ct MOUNT WAVERLEY $1,925,000

Top Apartment Sales

2/1A Affleck St SOUTH YARRA $1,722,000
18B Amber Gr MOUNT WAVERLEY $1,620,000
1/32 Yerrin St BALWYN $1,472,000
2B Carolyn St HAMPTON $1,420,000
52/167 Fitzroy St ST KILDA $1,295,000

Bargain House Sales

6 Arunga Av NORLANE $236,500
1 Cooper St MELTON SOUTH $246,500
1 Rankin Rd HASTINGS $270,000
91 Erinbank Cr WESTMEADOWS $340,000
38 Marjorie Av BELMONT $347,000

Bargain Apartment Sales

1/17 Caroline St THOMASTOWN $235,000
28 Austral Cr BAXTER $260,000
7/21-29 Trickey Av SYDENHAM $300,000
24/34-42 Hanna St NOBLE PARK $320,000
3/115 The Boulevard THOMASTOWN $325,000

Source: REIV

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