Melbourne Property Sales Results
for Saturday 19th April 2014
Due to the low number of auctions held during this Easter week, the REIV does not publish an official clearance rate. Generally after Easter, auction listings tend to be lower than before as the market heads into winter.
There were 35 auctions reported to the REIV today, with 21 selling and 14 being passed in, 2 of those on a vendor bid.
Enzo Raimondo
CEO REIV
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1300 577 233
S Sold at Auction: 16
SB Sold before Auction: 4
SA Sold after Auction: 12
Passed in: 14
Passed in on vendor's bid: 2
Clearance rate: N/A
TOTAL AUCTIONS
This week: 35
Last weekend: 1397
This time last year: 604
Postponed: 11
Withdrawn: 1
Auctions with no result: 28
PS Private Sales: 387
Total Volume (Auctions): $11.95mil
Total Volume (Private Sales): $205.93mil
Total Auctions Houses: 16
Clearance Rate: 50%
Median Price: $782,500
Total Value: $6,738,500
Total Auctions Flats/Apartments: 9
Clearance Rate: 33%
Median Price: $247,500
Total Value: $1,042,000
Total Auctions Vacant Land: 9
Clearance Rate: 100%
Median Price: $265,000
Total Value: $2,161,000
TOP 5 HOUSES
1. 69 Kerferd Road, Albert Park $1,775,000
2. 84 Westbourne Road, Kensington $911,000
3. 6 Ivanhoe Street, Glen Waverley $900,000
4. 10 Davington Court, Wantirna $665,000
5. 31 Seaview Street, Blairgowrie $500,500
TOP 5 BARGAIN HOUSES
1. 31 Seaview Street, Blairgowrie $500,500
2. 10 Davington Court, Wantirna $665,000
3. 6 Ivanhoe Street, Glen Waverley $900,000
4. 84 Westbourne Road, Kensington $911,000
5. 69 Kerferd Road, Albert Park $1,775,000
TOP APARTMENT
1. 2/20 Shankland Boulevard, Meadow Heights $247,500
TOP BARGAIN APARTMENT
1. 2/20 Shankland Boulevard, Meadow Heights $247,500
Source: http://www.reiv.com.au/en/Property-Research
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