Melbourne Property Sales Results
For Saturday 25 and Sunday 26 March 2017
A clearance rate of 82 per cent was recorded this weekend compared to 79 per cent last weekend. There were 1192 auctions reported to the REIV, with 974 selling and 218 being passed in, 88 of those on a vendor bid. Prahran was the city’s top performer last week with 18 homes sold at auction while both Bundoora and Torquay recorded 100 per cent clearance rates from 13 auctions in each.
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The Detail
- 821 Sold at Auction
- 151 Sold before Auction
- 2 Sold after auction
- 218 Passed In
- 88 Passed in on Vendor bid
- 8 Withdrawn
- 12 Postponed
- 293 No result
- 84% Clearance Rate(Houses)
- 77% Clearance Rate (Units/Apts)
- 991 Total Auction Volume ($M)
Private Sales
- 286 Private Sales
- 182 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 23 Kinane St BRIGHTON $5,530,000
- 38 Wheatland Rd MALVERN $3,620,000
- 20 Glenmore Cr BLACK ROCK $3,601,000
- 27 Hastings Rd HAWTHORN EAST $3,485,000
- 430 Victoria St RICHMOND $3,400,000
Top Apartment Sales
- 80 St Helens Rd HAWTHORN EAST $2,491,000
- 145A Beach Rd SANDRINGHAM $2,450,000
- 192A South Rd BRIGHTON EAST $2,025,000
- 1/30 Aisbett Av CAMBERWELL $1,880,000
- 1/12 Manor St BRIGHTON $1,765,000
Bargain House Sales
- 25 Brennan St MELTON SOUTH $249,000
- 46 Bacchus Marsh Rd CORIO $270,000
- 2 Euroa Wlk KURUNJANG $291,500
- 2 Balfour Pl MELTON WEST $300,000
- 49 St Albans St ST ALBANS PARK $305,000
Bargain Apartment Sales
- 5/446 Albion St BRUNSWICK WEST $249,000
- 1/55 Thornhill Rd HIGHTON $250,000
- 12/707 Barkly St WEST FOOTSCRAY $260,000
- 18/67 Moonya Rd CARNEGIE $305,000
- 218/31 Malcolm St SOUTH YARRA $307,000
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Source: REIV