Melbourne Property Sales Results

for Saturday 28th and Sunday 29th May 2016

Enzo Raimondo's Market Wrap

A clearance rate of 74 per cent was recorded this weekend compared to 73 per cent last weekend and 80 per cent this weekend last year. There were 934 auctions reported to the REIV, with 692 selling and 242 being passed in, 107 of those on a vendor bid. Geelong West has recorded the highest clearance rate outside of metropolitan Melbourne with 83 per cent this year, followed by Torquay with 80 per cent.

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The Detail

570 Sold at Auction
121 Sold before Auction
242 Passed In
18 Withdrawn
1 Sold after auction
107 Passed in on Vendor bid
18 Postponed

Sales Highlights

Top House Sales

14 Monomeath Av CANTERBURY $5,110,000
16 Swinton Av KEW $4,501,000
105 Grey St EAST MELBOURNE $3,891,000
42 St Andrews St BRIGHTON $3,840,000
11 Butler St BRIGHTON $3,751,000

Top Apartment Sales

8 Avenue Athol CANTERBURY $1,742,000
12/120 Cambridge St COLLINGWOOD $1,645,000
3A Cowra St BRIGHTON $1,425,000
34A Charlotte St GLEN WAVERLEY $1,400,180
1 Rosedale Rd GLEN IRIS $1,390,000

Bargain House Sales

81 Langdon Dr MERNDA $185,000
4 Rosewood Dr CRAIGIEBURN $310,000
48 Clairmont Av CRANBOURNE $315,000
5 Johnson Ct ROXBURGH PARK $320,000
15 Quinn St SEAFORD $325,500

Bargain Apartment Sales

213/44 Brunswick St FITZROY $151,800
24/563 Glenferrie Rd HAWTHORN $275,000
145/38 Mt Alexander Rd TRAVANCORE $315,000
203/60 Speakmen St KENSINGTON $330,000
2/125 Ferguson St WILLIAMSTOWN $331,000

Source: REIV

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