Auction Results | Melbourne Property Sales Results 21/08/2016

Melbourne Property Sales Results

For Saturday 20th and Sunday 21st August

A clearance rate of 75 per cent was recorded this weekend compared to 79 per cent last weekend and 74 per cent this weekend last year. There were 646 auctions reported to the REIV, with 487 selling and 159 being passed in, 66 of those on a vendor bid. Last week saw the highest clearance rate of the year - 79 per cent - from 544 auctions held.

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The Detail

  • 396 Sold at Auction
  • 90 Sold before Auction
  • 1 Sold after auction
  • 159 Passed In
  • 66 Passed in on Vendor bid
  • 5 Withdrawn
  • 11 Postponed
  • 68 No result
  • 78% Clearance Rate(Houses)
  • 70% Clearance Rate (Units/Apts)
  • 466 Total Auction Volume ($M)

Private Sales

  • 309 Private Sales
  • 205 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

  • 450 Queensberry St NORTH MELBOURNE $3,500,000
  • 35 Allambee Av CAMBERWELL $3,000,000
  • 18 Grant St MALVERN EAST $2,960,000
  • 57 Palmerston St CARLTON $2,850,000
  • 27&27A Fitzwilliam St KEW $2,805,000

Top Apartment Sales

  • 2B Brunel St MALVERN EAST $1,680,000
  • 4/25 Wilson St BRIGHTON $1,525,000
  • 7 Alicia St HAMPTON $1,520,000
  • 8/79 Oxford St COLLINGWOOD $1,500,000
  • 8A Anderson St MALVERN EAST $1,420,000

Bargain House Sales

  • 3/8 Lorraine Ct HILLSIDE $305,000
  • 4 Mathisen Tce HILLSIDE $330,000
  • 3 Forwood Way ROXBURGH PARK $331,000
  • 48 Rosemary Cr FRANKSTON NORTH $339,000
  • 10 Coulstock St EPPING $346,000

Bargain Apartment Sales

  • 10/117 Anderson Rd ALBION $185,000
  • 18/107 Kenny St WESTMEADOWS $272,500
  • 7/182 Coppin St RICHMOND $306,000
  • 106/80 Speakmen St KENSINGTON 312,000
  • 13/56 Sutherland Rd ARMADALE $315,000

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Source: REIV

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