Auction Results | Melbourne Property Sales Results 26/02/17

Melbourne Property Sales Results

For Saturday 25 and Sunday 26 February 2017

A clearance rate of 82 per cent was recorded this weekend compared to 77 per cent last weekend and 76 per cent this weekend last year. There were 1198 auctions reported to the REIV, with 983 selling and 215 being passed in, 85 of those on a vendor bid. This weekend will mark 2017’s first Super Saturday and is on track to break the record for the highest number of auctions held in a single weekend in February.

Register Here for Free Property Investing Tips / Strategies

 

The Detail

  • 829 Sold at Auction
  • 154 Sold before Auction
  • 0 Sold after auction
  • 215 Passed In
  • 85 Passed in on Vendor bid
  • 7 Withdrawn
  • 19 Postponed
  • 266 No result
  • 85% Clearance Rate(Houses)
  • 77% Clearance Rate (Units/Apts)
  • 993 Total Auction Volume ($M)

Private Sales

  • 297 Private Sales
  • 194 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

  • 16 Tower St SURREY HILLS $5,655,000
  • 115 Page St ALBERT PARK $4,735,000
  • 88 Mont Albert Rd CANTERBURY $3,850,000
  • 61 Union St ARMADALE $3,660,000
  • 13 Rooding St BRIGHTON $3,480,000

Top Apartment Sales

  • 18 St Helens Rd HAWTHORN EAST $3,560,000
  • 3/197 Wattletree Rd MALVERN $2,325,000
  • 4/26 Tintern Av TOORAK $1,940,000
  • 51B London St BENTLEIGH $1,925,000
  • 29 Barnett St HAMPTON $1,729,500

Bargain House Sales

  • 23 Silverleaf Dr MELTON $278,000
  • 10 Cumming Dr HOPPERS CROSSING $326,500
  • 13 Yaraan St BELL PARK $358,000
  • 10 Plowman Ct EPPING $375,000
  • 1/1 Charles St THOMASTOWN $381,000

Bargain Apartment Sales

  • 2/42 Rowell Dr MERNDA $245,000
  • 4/2 Woods Av MORDIALLOC $285,000
  • 6/16 Warleigh Rd WEST FOOTSCRAY $288,000
  • 6/37 Myrnong Cr ASCOT VALE $296,000
  • 1/12 Eltham St FLEMINGTON $296,500

Request Your Property Strategy Session Here

Source: RBA

Free Download: Property Conveyancing Checklist