Melbourne Property Sales Results

for Saturday 18th and Sunday 19th June 2016

Market Wrap

A clearance rate of 72 per cent was recorded this weekend compared to 67 per cent last weekend and 78 per cent this weekend last year. There were 879 auctions reported to the REIV, with 633 selling and 246 being passed in, 96 of those on a vendor bid. In less than 6 months, Mooroolbark (32 sales) and Tarneit (19 sales) have already surpassed their total number of auction sales for all of 2015.

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The Detail

525 Sold at Auction
107 Sold before Auction
246 Passed In
16 Withdrawn
1 Sold after auction
96 Passed in on Vendor bid
6 Postponed

Sales Highlights

Top House Sales

7 Power Av TOORAK $5,220,000
16 Chastleton Av TOORAK $5,020,000
46 Sims St SANDRINGHAM $3,420,000
481 Beach Rd BEAUMARIS $3,200,000
15 Middle Rd CAMBERWELL $3,160,000

Top Apartment Sales

5 Black St BRUNSWICK $1,700,000
21 Kerferd St HAMPTON $1,625,000
31B Purtell St BENTLEIGH EAST $1,465,000
3/2A Wellington St BRIGHTON $1,420,000
103/2 Pier St PORT MELBOURNE $1,405,000

Bargain House Sales

12 Richard Rd MELTON SOUTH $227,500
63 Station Rd MELTON SOUTH $235,000
11 Alkira Cl WYNDHAM VALE $302,500
14 Corsican St FRANKSTON NORTH $325,000
1A Pareira Ct MILL PARK $341,000

Bargain Apartment Sales

14/24 Rosella St MURRUMBEENA $256,500
3/3 Erskine Av RESERVOIR $310,000
2/8 Walker St BRUNSWICK WEST $320,000
7/1 Hotham Gr RIPPONLEA $327,000
3/2 Frank St NOBLE PARK $332,000

Source: REIV

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