Melbourne Property Sales Results
for Saturday 17th and Sunday 18th October 2015
Auction Results Melbourne
A clearance rate of 74 per cent was recorded this weekend compared to 72 per cent last weekend and 72 per cent this weekend last year.
There were 1101 auctions reported to the REIV this weekend, with 816 selling and 285 being passed in, 124 of those on a vendor bid.
Bayside suburbs have attracted strong competition in recent months, with Brighton, Seaford and Dromana topping the list for price growth in the September quarter.
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 682
SB Sold before Auction: 133
SA Sold after Auction: 1
Passed in: 285
Passed in on vendor's bid: 124
Clearance rate: 74%
TOTAL AUCTIONS
This week: 1101
This weekend last month: 1050
This weekend last year: 1078
Postponed: 18
Withdrawn: 14
Auctions with no result: 267
PS Private Sales: 371
Total Volume (Auctions): $784.06mil
Total Volume (Private Sales): $203.55mil
Total Auctions Houses: 739
Clearance Rate: 76%
Median Price: $937,500
Total Value: $608,430,892
Total Auctions Flats/Apartments: 340
Clearance Rate: 70%
Median Price: $640,000
Total Value: $160,757,050
Total Auctions Vacant Land: 15
Clearance Rate: 73%
Median Price: $815,000
Total Value: $6,554,000
House Sales in Detail
TOP 5 HOUSES
1. 143-147 Mcgowans Road, Donvale $4,500,000
2. 11 Rowland Street, Kew $4,300,000
3. 34 Hawthorn Glen, Hawthorn $3,960,000
4. 49 William Street, Brighton $3,902,500
5. 28 Sussex Street, Brighton $3,860,000
TOP 5 BARGAIN HOUSES
1. 1/28 Dearing Avenue, Cranbourne $280,000
2. 13 Themeda Court, Meadow Heights $314,000
3. 27 Lillypilly Crescent, Kings Park $335,000
4. 24 Gerbert Street, Broadmeadows $354,500
5. 3/58 Fintonia Road, Noble Park $361,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 2D Paxton Street, Malvern East $2,172,000
2. 63A Baird Street, Brighton East $1,800,000
3. 5A Ocean Street, Hampton $1,720,000
4. 92A David Street, Hampton $1,675,000
5. 12 Rosslyn Street, Hawthorn East $1,660,000
TOP 5 BARGAIN APARTMENTS
1. 7/1 Edney Court, Noble Park $180,000
2. 5/107 Hudsons Road, Spotswood $251,000
3. 7/40 Egan Street, Richmond $300,000
4. 3/965 Pascoe Vale Road, Jacana $305,000
5. 26/6 Francis Grove, Thornbury $310,000
Source: REIV
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