Melbourne Property Sales Results
For Saturday 19 and Sunday 20 November 2016
A clearance rate of 80 per cent was recorded this weekend compared to 75 per cent last weekend and 65 per cent this weekend last year. There were 1001 auctions reported to the REIV, with 800 selling and 201 being passed in, 80 of those on a vendor bid. The outer north and west continue to grow in popularity - with Thomastown and Hoppers Crossing recording a perfect (100 per cent) clearance rate in October.
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The Detail
- 651 Sold at Auction
- 149 Sold before Auction
- 0 Sold after auction
- 201 Passed In
- 80 Passed in on Vendor bid
- 9 Withdrawn
- 15 Postponed
- 195 No result
- 83% Clearance Rate(Houses)
- 74% Clearance Rate (Units/Apts)
- 762 Total Auction Volume ($M)
Private Sales
- 299 Private Sales
- 214 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 10 Charlotte Pl ST KILDA $4,400,000
- 18 Soudan St MALVERN $4,240,000
- 4 Nola Ct TOORAK $4,000,000
- 23 Flowerdale Rd GLEN IRIS $3,860,000
- 29 Myrniong Gr HAWTHORN EAST $3,530,000
Top Apartment Sales
- 1/15 Bent St BRIGHTON $3,600,000
- 17 Irilbarra Rd CANTERBURY $3,400,000
- 10&12 Kooyong Rd ARMADALE $2,650,000
- 52 Argyle Rd KEW $2,240,000
- 44 Lyons St PORT MELBOURNE $2,125,000
Bargain House Sales
- 20 Tennyson St NORLANE $250,000
- 14 Hornbuckle Cr MELTON $262,000
- 109A David Dr SUNSHINE WEST $280,000
- 10 Giddings St NORTH GEELONG $315,000
- 204 Blair St DALLAS $317,500
Bargain Apartment Sales
- 1/246 Buckley St ESSENDON $270,000
- 6/9 Mimosa Rd CARNEGIE $298,000
- 2/143 Smith St THORNBURY $315,000
- 4/103 Mccrae St DANDENONG $320,500
- 2/3 Housden St BROADMEADOWS $330,000
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Source: REIV
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