Melbourne Property Sales Results

For Saturday 29 and Sunday 30 October 2016

A clearance rate of 80 per cent was recorded this weekend compared to 80 per cent last weekend and 67 per cent this weekend last year. There were 455 auctions reported to the REIV, with 364 selling and 91 being passed in, 39 of those on a vendor bid. The leading clearance rate suburbs at present are Bentleigh East and Hawthorn. The two suburbs delivered a 100 per cent clearance rate from 16 auctions last week.

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The Detail

296 Sold at Auction
67 Sold before Auction
1 Sold after auction
91 Passed In
39 Passed in on Vendor bid
6 Withdrawn
6 Postponed
93 No result
83% Clearance Rate(Houses)
72% Clearance Rate (Units/Apts)
308 Total Auction Volume ($M)

Private Sales

347 Private Sales
244 Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

65 Lisson Gr HAWTHORN $2,815,000
6 Aintree Rd GLEN IRIS $2,700,000
4 Reumah Ct BALWYN $2,630,000
318 Mcilroys Rd RED HILL $2,600,000
747 Malvern Rd TOORAK $2,591,000

Top Apartment Sales

3401/90 Lorimer St DOCKLANDS $1,960,000
6/40-42 Marne St SOUTH YARRA $1,420,000
4/58 Union Rd SURREY HILLS $1,230,000
2/23 Arkaringa Cr BLACK ROCK $1,185,000
6A Henry St WINDSOR $1,155,000

Bargain House Sales

2/123 Bridgewater Rd CRAIGIEBURN $280,000
2 Clitheroe Dr WYNDHAM VALE $310,000
13 Meadowbank La CRAIGIEBURN $325,000
6 Cliff Ct ST LEONARDS $330,000
27 Watsons Rd NEWCOMB $340,000

Bargain Apartment Sales

2/34 Birdwood St FRANKSTON $300,000
G05/12 Trenerry Cr ABBOTSFORD $301,000
4/105 Flinders St THORNBURY $324,000
137 Marathon Blvd CRAIGIEBURN $350,000
1/11 Adelaide St DANDENONG $360,000

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Source : REIV

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