Melbourne Property Sales Results

for Saturday 4th and Sunday 5th June 2016

Market Wrap

A clearance rate of 75 per cent was recorded this weekend compared to 73 per cent last weekend and 72 per cent this weekend last year. There were 723 auctions reported to the REIV, with 541 selling and 182 being passed in, 77 of those on a vendor bid. Melbourne's northern suburbs are experiencing strong growth this year, led by Craigieburn and Brunswick with more than 100 auction sales in each.

The Detail

433 Sold at Auction
108 Sold before Auction
182 Passed In
17 Withdrawn
0 Sold after auction
77 Passed in on Vendor bid
8 Postponed

Sales Highlights

Top House Sales

36-38 Hotham St EAST MELBOURNE $5,100,000
89 Armstrong St MIDDLE PARK $3,950,000
124 Powlett St EAST MELBOURNE $3,520,000
3 Plant St MALVERN $3,460,000
64 Twyford St WILLIAMSTOWN $3,130,000

Top Apartment Sales

11/17 Myamyn St ARMADALE $3,625,000
121/461 St Kilda Rd MELBOURNE $2,138,000
184/461 St Kilda Rd MELBOURNE $2,030,000
1/97 Wilson St BRIGHTON $1,750,000
128 Beach St PORT MELBOURNE $1,625,000

Bargain House Sales

31 Walsh St BROADMEADOWS $270,000
7 Chaucer St HAMLYN HEIGHTS $287,500
17 Silver Av FRANKSTON NORTH $306,000
62 Ramu Pde HEIDELBERG WEST $330,000
4 Centre Av WERRIBEE $332,000

Bargain Apartment Sales

3/9 Poplar Gr CARNEGIE $290,000
2/823 Nepean Hwy MORNINGTON $297,500
10/69 Kingsville St KINGSVILLE $300,000
16/219 Burke Rd GLEN IRIS $317,500
8/42 Wests Rd MARIBYRNONG $355,000

Source: REIV

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