Melbourne Property Sales Results

for Saturday 23rd and Sunday 24th August 2016

Market Wrap

A clearance rate of 74 per cent was recorded this weekend compared to 78 per cent last weekend and 76 per cent this weekend last year. There were 462 auctions reported to the REIV, with 341 selling and 121 being passed in, 49 of those on a vendor bid. Reservoir has recorded the highest number of auction sales in the year-to-date. Other suburbs in the top five are Craigieburn, Bentleigh East, Mount Waverley and Glen Waverley.

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The Detail

274Sold at Auction
65Sold before Auction
2 Sold after auction
121 Passed In
49 Passed in on Vendor bid
9 Withdrawn
4 Postponed
75 No result
75% Clearance Rate(Houses)
73% Clearance Rate (Units/Apts)
283 Total Auction Volume ($M)

Private Sales

294 Private Sales
167 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

22 Greig St ALBERT PARK $3,755,000
1687 Malvern Rd GLEN IRIS $2,800,000
58 Champion St BRIGHTON $2,640,000
171 Ashworth St MIDDLE PARK $2,623,000
81-83 Madeleine Rd CLAYTON $2,600,000

Top Apartment Sales

13A Rosina St BENTLEIGH $1,533,000
2/21 Hodder St BRIGHTON EAST $1,367,000
5A Raynes St CAULFIELD SOUTH $1,345,000
2A Evans Av HAMPTON EAST $1,270,000
75B Parkmore Rd BENTLEIGH EAST $1,216,000

Bargain House Sales

2 Julian St WERRIBEE $280,000
8 Mcewen Dr SUNBURY $305,000
7 Pitman St NEWCOMB $327,500
16 Hastings Cr BROADMEADOWS $340,000
1 Sahra Ct EPPING $340,000

Bargain Apartment Sales

4/24 Fashion Pde BROADMEADOWS $255,000
9/438 Morris Rd TRUGANINA $265,000
5/25 Ashley St RESERVOIR $300,000
66/12-32 Pecks Rd SYDENHAM $305,000
1/28 Fawkner St WESTMEADOWS $305,000