Melbourne Property Sales Results
for Saturday 5th and Sunday 6th September 2015
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A clearance rate of 76 per cent was recorded this weekend compared to 77 per cent last weekend and 76 per cent this weekend last year.
There were 841 auctions reported to the REIV this weekend, with 643 selling and 198 being passed in, 76 of those on a vendor bid.
Melbourne’s south-east and eastern suburbs remained popular with buyers in the past month. Bentleigh had the highest clearance rate in August (95 per cent), followed by Glen Iris and Caulfield South (both 91 per cent).
ENZO RAIMONDO
CEO REIV
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S Sold at Auction: 536
SB Sold before Auction: 107
SA Sold after Auction: 0
Passed in: 198
Passed in on vendor's bid: 76
Clearance rate: 76%
TOTAL AUCTIONS
This week: 841
Last weekend: 1058
This time last year: 761
CLEARANCE RATES:
Weekend: 76%
This weekend last month: 77%
This weekend last year: 76%
Postponed: 15
Withdrawn: 14
Auctions with no result: 100
PS Private Sales: 410
Total Volume (Auctions): $608.78mil
Total Volume (Private Sales): $249.52mil
Total Auctions Houses: 554
Clearance Rate: 80%
Median Price: $917,250
Total Value: $457,733,676
Total Auctions Flats/Apartments: 264
Clearance Rate: 69%
Median Price: $613,000
Total Value: $122,471,820
Total Auctions Vacant Land: 17
Clearance Rate: 71%
Median Price: $810,000
Total Value: $23,664,500
TOP 5 HOUSES
1. 8 Mcevoy Street, Kew $4,200,000
2. 45 Wentworth Avenue, Canterbury $3,360,000
3. 8 Elm Grove, Brighton $3,185,000
4. 386 Beach Road, Beaumaris $2,925,000
5. 13 Moody Street, Balwyn North $2,910,000
TOP 5 BARGAIN HOUSES
1. 13 Stipa Street, Delahey $311,000
2. 5 Spurr Street, Craigieburn $355,000
3. 2 The Glen, Carrum Downs $360,500
4. 22 Stillman Drive, Mill Park $367,500
5. 15 Thoresby Circuit, Craigieburn $368,000
TOP 5 APARTMENTS
1. 4/103 Mathoura Road, Toorak $2,900,000
2. 6/20 Airlie Bank Lane, South Yarra $2,380,000
3. 9A Hazeldean Avenue, Brighton East $2,100,000
4. 1B Daly Road, Sandringham $1,645,000
5. 30 Highett Road, Hampton $1,540,000
TOP 5 BARGAIN APARTMENTS
1. 2/47 Curlew Avenue, Altona $256,500
2. 8/190 Murrumbeena Road, Murrumbeena $265,000
3. 2/107 Clow Street, Dandenong $284,000
4. 2/9 Gerald Street, Murrumbeena $285,000
5. 8/83-85 Mickleham Road, Tullamarine $285,000
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Source: REIV