Melbourne Property Sales Results
for Sat 21st & Sun 22nd Sept 2013
A clearance rate of 78 per cent was recorded this weekend compared to 74 per cent last weekend and 59 per cent this weekend last year.
There were 837 auctions reported to the REIV this weekend, with 656 selling and 181 being passed in, 98 of those on a vendor bid.
Next weekend the REIV expects around 60 auctions.
Enzo Raimondo
CEO REIV
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S Sold at Auction: 551
SB Sold before Auction: 105
SA Sold after Auction: 0
Passed in: 181
Passed in on vendor's bid: 98
Clearance rate: 78%
TOTAL AUCTIONS
This week: 837
Yesterday: 11
Last Sunday: 18
This weekend last month: 643
This weekend last year: 663
CLEARANCE RATES:
Weekend: 78%
Yesterday: 55%
Last Sunday: 83%
This weekend last month: 79%
This weekend last year: 59%
Postponed: 15
Withdrawn: 16
Auctions with no result: 72
PS Private Sales: 462
Total Volume (Auctions): $514.22mil
Total Volume (Private Sales): $241.56mil
Total Auctions Houses: 545
Clearance Rate: 81%
Median Price: $786,000
Total Value: $384,506,734
Total Auctions Flats/Apartments: 269
Clearance Rate: 75%
Median Price: $559,000
Total Value: $121,319,600
Total Auctions Vacant Land: 18
Clearance Rate: 61%
Median Price: $473,000
Total Value: $6,786,500
TOP 5 HOUSES
1. 89 Claremont Avenue, Malvern $3,220,000
2. 107 Finch Street, Malvern East $2,700,000
3. 15 Currajong Avenue, Camberwell $2,640,000
4. 71 Tivoli Road, South Yarra $2,491,000
5. 24 Lansdown Street, Balwyn North $2,388,000
TOP 5 BARGAIN HOUSES
1. 22 Wiltonvale Avenue, Hoppers Crossing $271,000
2. 4 Nareen Avenue, Coolaroo $290,500
3. 27 Koonalda Road, Gladstone Park $300,000
4. 12 Wild Cherry Avenue, Pakenham $306,000
5. 464 Eastbourne Road, Rosebud West $315,000
TOP 5 APARTMENTS
1. 62 Ashworth Street, Albert Park $1,775,000
2. 42 Raglan Street, South Melbourne $1,305,000
3. 13A James Avenue, Kew $1,300,000
4. 173 Dow Street, Port Melbourne $1,165,000
5. 7/703 Orrong Road, Toorak $1,100,000
TOP 5 BARGAIN APARTMENTS
1. 7/36 Albion Road, Box Hill $266,000
2. 3/245 Hotham Street, Ripponlea $267,500
3. 6/31 Bradley Street, Newport $290,000
4. 809/480 Collins Street, Melbourne $292,000
5. 11/1383 Nepean Highway, Cheltenham $300,000
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