Auction Results | Melbourne Property Sales Results 28/05/17

Melbourne Property Sales Results

For Saturday 27 and Sunday 28 May 2017

A clearance rate of 77 per cent was recorded this week compared to 79 per cent last week and 73 per cent this week last year. There were 1011 auctions reported to the REIV, with 783 selling and 228 being passed in, 95 of those on a vendor bid. Hoppers Crossing is the state’s top growth auction suburb with 98 homes selling under the hammer this year, six times more than the same period last year.

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The Detail

  • 677 Sold at Auction
  • 106 Sold before Auction
  • 0 Sold after auction
  • 228 Passed In
  • 95 Passed in on Vendor bid
  • 17 Withdrawn
  • 10 Postponed
  • 222 No result
  • 79% Clearance Rate(Houses)
  • 75% Clearance Rate (Units/Apts)
  • 781 Total Auction Volume ($M)

Private Sales

  • 343 Private Sales
  • 257 Total Private Sale Volume ($M)

 

Sales Highlights

Top House Sales

  • 42 Parlington St CANTERBURY $4,750,000
  • 47 Howe Cr SOUTH MELBOURNE $4,600,000
  • 8 Ferrars Pl SOUTH MELBOURNE $4,100,000
  • 29 Oak St HAWTHORN $3,900,000
  • 41 Doonkuna Av CAMBERWELL $3,400,000

Top Apartment Sales

  • 1/18 Fourth St BLACK ROCK $2,285,000
  • 49/183 Kerr St FITZROY $2,265,000
  • 2&2A Randell Cr HAMPTON EAST $2,250,000
  • 10 St Georges Ct BRIGHTON EAST $2,000,000
  • 1/6 Parnell St ELSTERNWICK $1,970,000

Bargain House Sales

  • 15 Moa St NORLANE $214,000
  • 12 Orchid St NORLANE $250,000
  • 84 The Boulevard NORLANE $260,000
  • 20 Gardenia Gr NORLANE $262,000
  • 26 Watsonia Gr NORLANE $265,000

Bargain Apartment Sales

  • 4/13 McCulloch St ESSENDON NORTH $245,000
  • 4/136 Wright St SUNSHINE $245,000
  • 8/47 Murray St BRUNSWICK WEST $263,100
  • 4/18 Shaftesbury St ESSENDON $280,000
  • 7/4 Smith St RICHMOND $314,000

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Source: REIV

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