Auction Results | Melbourne Property Sales Results 20/12/15

Melbourne Property Sales Results 

for Saturday 19th and Sunday 20th December 2015

A clearance rate of 70 per cent was recorded this week compared to 67 per cent last week and 64 per cent this week last year.

There were 642 auctions reported to the REIV this weekend, with 451 selling and 191 being passed in, 68 of those on a vendor bid. 

This year has seen the strongest auction market ever, with a record 44,000 auctions held. The auction market will now take a break, with the next big auction weekend scheduled for late January.

ENZO RAIMONDO

CEO REIV

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S Sold at Auction: 355
SB Sold before Auction: 96
SA Sold after Auction: 0

Passed in: 191
Passed in on vendor's bid: 68

Clearance rate: 70%

 

TOTAL AUCTIONS
This week: 642
Yesterday: 3
Last Sunday: 46
This weekend last month: 1453
This weekend last year: 555

CLEARANCE RATES
Weekend: 70%
Yesterday: 100%
Last Sunday: 67%
This weekend last month: 69%
This weekend last year: 64%

Postponed: 11
Withdrawn: 25
Auctions with no result: 222

PS Private Sales: 338

Total Volume (Auctions): $322.31mil
Total Volume (Private Sales): $208.75mil

Total Auctions Houses: 461
Clearance Rate: 73%
Median Price: $680,000
Total Value: $256,195,627

Total Auctions Flats/Apartments: 170
Clearance Rate: 64%
Median Price: $567,000
Total Value: $64,114,517

Total Auctions Vacant Land: 11
Clearance Rate: 64%
Median Price: $365,000
Total Value: $1,998,000

House Sales in Detail

TOP 5 HOUSES
1. 6 Newbay Crescent, Brighton $2,900,000
2. 21 Ruby Street, Balwyn $2,746,800
3. 27 Fermanagh Road, Camberwell $2,500,000
4. 26A Francis Crescent, Glen Iris $1,877,000
5. 4 Victoria Avenue, Glen Waverley $1,860,000

TOP 5 BARGAIN HOUSES

1. 14 Aquila Grove, Roxburgh Park $295,000
2. 3 Meadowbank Lane, Craigieburn $305,000
3. 1 Rokeby Crescent, Craigieburn $319,500
4. 62 Christina Crescent, Kurunjang $321,000
5. 13 North Street, Ardeer $325,000

Flat/Apartment Sales in Detail

TOP 5 APARTMENTS
1. 67 Carter Street, Middle Park $1,300,000
2. 12/14-20 Best Street, Fitzroy North $1,200,000
3. 1/17 May Park Avenue, Ashwood $1,175,000
4. 1 Rosebank Terrace, Templestowe Lower $1,145,000
5. 42A Kennedy Street, Bentleigh East $1,137,000

TOP 5 BARGAIN APARTMENTS

1. 12A/294 Nicholson Street, Footscray $232,000
2. 9/4 Landers Court, Caroline Springs $300,000
3. 54 Little Windrock Lane, Craigieburn $300,000
4. 4/83 Hoddle Street, Richmond $316,000
5. 7/3 Young Street, Moonee Ponds $320,000

Source: REIV

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