Melbourne Property Sales Results
For Saturday 17 and Sunday 18 December 2016
A clearance rate of 77 per cent was recorded this weekend compared to 79 per cent last weekend and 67 per cent this weekend last year. There were 1028 auctions reported to the REIV, with 788 selling and 240 being passed in, 89 of those on a vendor bid. The final month of the year has been significant: with one more week to go, the December record for auction sales –set nine years ago with 2,537 sales – looks set to be broken this month.
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The Detail
- 636 Sold at Auction
- 150 Sold before Auction
- 2 Sold after auction
- 240 Passed In
- 89 Passed in on Vendor bid
- 16 Withdrawn
- 9 Postponed
- 277 No result
- 78% Clearance Rate(Houses)
- 77% Clearance Rate (Units/Apts)
- 630 Total Auction Volume ($M)
Private Sales
- 285 Private Sales
- 192 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 24 Alexandra Av CANTERBURY $4,012,000
- 20 Glen St HAWTHORN $3,420,000
- 86 Richmond Tce RICHMOND $3,414,000
- 727 Hampton St BRIGHTON $3,220,000
- 36 Glenbervie Rd STRATHMORE $2,575,000
Top Apartment Sales
- 61A Hawksburn Rd SOUTH YARRA $2,065,000
- 1/1 Tennyson St SANDRINGHAM $1,535,000
- 1B Charlotte St GLEN WAVERLEY $1,511,000
- 18 King Georges Av MORNINGTON $1,470,000
- 14A Wattle Gr MCKINNON $1,470,000
Bargain House Sales
- 10 Michigan Av CORIO $274,000
- 84 Palmerston St MELTON $288,000
- 489 High St MELTON $292,500
- 205 Botanica Springs Blvd BROOKFIELD $300,000
- 38 Forster St NORLANE $307,000
Bargain Apartment Sales
- 7/74 Beach St FRANKSTON $250,000
- 9/42 Dundas St THORNBURY $275,000
- 10/54 Napier St FOOTSCRAY $280,000
- 7/199 Beach St FRANKSTON $293,000
- 1/16 Station St MENTONE $303,000
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Source: REIV
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