Melbourne Property Sales Results
for Saturday 21st and Sunday 22nd November 2015
A clearance rate of 67 per cent was recorded this weekend compared to 69 per cent last weekend and 65 per cent this weekend last year.
There were 1172 auctions reported to the REIV this weekend, with 780 selling and 392 being passed in, 153 of those on a vendor bid.
Next weekend is expected to be one of the highest on record, with around 1,750 auctions scheduled.
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 641
SB Sold before Auction: 138
SA Sold after Auction: 1
Passed in: 392
Passed in on vendor's bid: 153
Clearance rate: 67%
TOTAL AUCTIONS
This week: 1172
This weekend last month: 1556
This weekend last year: 1230
Postponed: 25
Withdrawn: 23
Auctions with no result: 260
PS Private Sales: 376
Total Volume (Auctions): $667.4mil
Total Volume (Private Sales): $224mil
Total Auctions Houses: 812
Clearance Rate: 69%
Median Price: $865,000
Total Value: $517,662,688
Total Auctions Flats/Apartments: 323
Clearance Rate: 62%
Median Price: $620,000
Total Value: $130,884,200
Total Auctions Vacant Land: 27
Clearance Rate: 67%
Median Price: $425,000
Total Value: $9,264,500
House Sales in Detail
TOP 5 HOUSES
1. 66 Gordon Street, Balwyn $4,880,000
2. 28 Cosham Street, Brighton $3,925,000
3. 16 Belmont Avenue, Kew $3,905,000
4. 6 Black Street, Brighton $3,675,000
5. 12 Angle Road, Deepdene $3,410,000
TOP 5 BARGAIN HOUSES
1. 20 Wyuna Street, Rosebud West $275,000
2. 28 Paroo Avenue, Roxburgh Park $342,000
3. 27 Warne Street, Coolaroo $346,000
4. 5 Mitford Crescent, Craigieburn $348,000
5. 11 Gander Street, Doreen $350,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 217-219 Dryburgh Street, North Melbourne $2,370,000
2. 2306/229 Toorak Road, South Yarra $1,550,000
3. 2A Bayview Street, Elsternwick $1,500,000
4. 4 Clapham Street, Balwyn $1,473,000
5. 1/32 Bogong Avenue, Glen Waverley $1,420,000
TOP 5 BARGAIN APARTMENTS
1. 9/73 Kingsville Street, Kingsville $228,000
2. 5/243 Murrumbeena Road, Murrumbeena $249,000
3. 15/745 Barkly Street, West Footscray $265,000
4. 7/55 Pender Street, Thornbury $280,500
5. 3/1 Mattea Court, Reservoir $281,000
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Source: REIV