Melbourne Property Sales Results

for Saturday 5th and Sunday 6th March 2016

Enzo Raimondo's Market Wrap

A clearance rate of 74 per cent was recorded this weekend compared to 76 per cent last weekend and 70 per cent this weekend last year. There were 1041 auctions reported to the REIV, with 775 selling and 266 being passed in, 140 of those on a vendor bid. The overall clearance rate in the year to date for 2016 is 75 per cent, up one per cent on the same period in 2015.

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The Detail

617 Sold at Auction
157 Sold before Auction
266 Passed In
11 Withdrawn
1 Sold after auction
140 Passed in on Vendor bid
10 Postponed

Sales Highlights

Top House Sales

4 Kerferd St MALVERN EAST $4,680,000
91 Woodland St ESSENDON $3,400,000
80 Wellington St ST KILDA$3,300,000
166 Finch St GLEN IRIS $3,266,000
27 Union St ARMADALE $3,110,000

Top Apartment Sales

20 Silver St MALVERN $1,950,000
40A Ebden Av BLACK ROCK $1,912,000
4/43 Faversham Rd CANTERBURY $1,825,000
40B Saturn St CAULFIELD SOUTH $1,585,000
2/274 Orrong Rd CAULFIELD NORTH $1,400,000

Bargain House Sales

29 Spruhan Av NORLANE $245,000
21 Oxley St SUNBURY $292,500
1 Howqua Ct EPPING $319,000
29 Mulberry Pass CRAIGIEBURN $330,000
28 Cassinia Cl DELAHEY $350,500

Bargain Apartment Sales

11/25-27 Newton Cr LALOR $256,000
30/23-25 Robe St ST KILDA $277,000
6/8 Anzac St CARNEGIE $290,000
506/52 Park St SOUTH MELBOURNE $300,000
2/405 Dandenong Rd ARMADALE $300,000

Source: REIV

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