Melbourne Property Sales Results

For Saturday 22 and Sunday 23 October 2016

A clearance rate of 81 per cent was recorded this weekend compared to 77 per cent last weekend and 69 per cent this weekend last year. There were 1114 auctions reported to the REIV, with 907 selling and 207 being passed in, 86 of those on a vendor bid. Auction sales have reached a six-month peak in the past fortnight - boosted by strong buyer interest in Melbourne's northern suburbs.

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The Detail

754 Sold at Auction
153 Sold before Auction
0 Sold after auction
207 Passed In
86 Passed in on Vendor bid
9 Withdrawn
15 Postponed
172 No result
83% Clearance Rate(Houses)
78% Clearance Rate (Units/Apts)
981 Total Auction Volume ($M)

Private Sales

336 Private Sales
214 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

259 Beaconsfield Pde MIDDLE PARK $5,670,000
36 Hawthorn Gr HAWTHORN $5,020,000
270 Beaconsfield Pde MIDDLE PARK $5,000,000
8 Frognall Pl CANTERBURY $4,800,000
17 Bella Vista Rd GLEN IRIS $4,702,000

Top Apartment Sales

101 St David St FITZROY $3,400,000
2A Foy La CHELSEA $2,100,000
2/25 Hanby St BRIGHTON $1,937,500
4/12 Riversdale Rd HAWTHORN $1,860,000
52A Leura Gr HAWTHORN EAST $1,660,000

Bargain House Sales

22 Patrick St MILLGROVE $250,000
13 James Cook Dr MELTON WEST $310,500
2 Herryls La CRAIGIEBURN $350,000
17 Belcher St HAMLYN HEIGHTS $355,000
14 Moffat St ST ALBANS $358,100

Bargain Apartment Sales

6/13 Ormond Rd WEST FOOTSCRAY $200,000
33/12 Percy St ST ALBANS $222,000
4/23 Clyde St NEWPORT $290,000
4/9 Poplar Gr CARNEGIE $291,000
5/23 Clyde St NEWPORT $295,000

Source: REIV

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