Melbourne Property Sales Results

for Saturday 21st and Sunday 22nd May 2016

Enzo Raimondo's Market Wrap

A clearance rate of 75 per cent was recorded this weekend compared to 72 per cent last weekend and 75 per cent this weekend last year. There were 631 auctions reported to the REIV, with 472 selling and 159 being passed in, 67 of those on a vendor bid. Melbourne’s east and south-eastern suburbs are performing well at auction this year with two local government areas, Glen Eira and Boroondara, recording more than 500 auction sales each.

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The Detail

389 Sold at Auction
81 Sold before Auction
159 Passed In
10 Withdrawn
2 Sold after auction
67 Passed in on Vendor bid
16 Postponed

Sales Highlights

Top House Sales

66 Champion St BRIGHTON $3,900,000
26 Sunnyside Av CAMBERWELL $3,150,000
75 Leura Gr HAWTHORN EAST $3,020,000
33 Laburnum St BRIGHTON $2,790,000
7 Allambee Av CAMBERWELL $2,580,000

Top Apartment Sales

801/65 Beach St PORT MELBOURNE $2,260,000
4/10-22 Manton La MELBOURNE $2,150,000
2/1 Park La MOUNT WAVERLEY $1,625,000
18A Iffla St SOUTH MELBOURNE $1,615,000
31 Fitzgibbon Cr CAULFIELD NORTH $1,610,000

Bargain House Sales

5 Kirra Ct KURUNJANG $283,000
33 Westcott Pde ROCKBANK $295,000
2/3 Poplar St THOMASTOWN $335,000
2/186-188 Corrigan Rd NOBLE PARK $360,500
15 Pembury St CRAIGIEBURN $361,000

Bargain Apartment Sales

4/44 Brunswick St FITZROY $150,000
13/506 Glenferrie Rd HAWTHORN $290,000
3/3 Gooch Cl SYDENHAM $300,000
5/13 Florence St MENTONE $300,000
5/29-31 Toolambool Rd CARNEGIE $310,500

Source: REIV

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