Melbourne Property Sales Results
for Saturday 3rd and Sunday 4th October 2015
There were 44 auctions reported to the REIV this weekend, with 28 selling and 16 being passed in, 10 of those on a vendor bid.
The top three auction sales suburbs in the month of September were Reservoir (55 sales), South Yarra (46 sales) and Richmond (42 sales).
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 14
SB Sold before Auction: 11
SA Sold after Auction: 3
Passed in: 16
Passed in on vendor's bid: 10
Clearance rate: N/A%
TOTAL AUCTIONS
This week: 44
Last weekend: 1134
This weekend last month: 932
This weekend last year: 825
Postponed: 6
Withdrawn: 1
Auctions with no result: 19
PS Private Sales: 234
Total Volume (Auctions): $16.88mil
Total Volume (Private Sales): $129.64mil
Total Auctions Houses: 27
Clearance Rate: 70%
Median Price: $592,500
Total Value: $12,026,088
Total Auctions Flats/Apartments: 17
Clearance Rate: 53%
Median Price: $536,000
Total Value: $4,854,750
House Sales in Detail
TOP 5 HOUSES
1. 6 Pinewood Drive, Mount Waverley $1,960,000
2. 52 Lechte Road, Mount Waverley $1,600,000
3. 200 Manningham Road, Bulleen $1,280,000
4. 33 Bowen Road, Doncaster East $1,035,000
5. 2 Calrossie Road, Blackburn South $960,000
TOP 5 BARGAIN HOUSES
1. 303 Gap Road, Sunbury $300,000
2. 74 Ballan Road, Werribee $325,000
3. 19 Betula Street, Doveton $410,000
4. 8 Simpson Drive, Dandenong North $505,000
5. 13 Brolga Avenue, Chelsea Heights $533,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 2/20 Kerry Parade, Mont Albert North $910,000
2. 3/3 Myrtle Road, Canterbury $837,000
3. 17/135 Brighton Road, Elwood $796,000
4. 215/9 The Arcade, Docklands $590,000
5. 803/8 Marmion Place, Docklands $482,000
Free Download: 8 Tips for Auction Day
Source: REIV