Melbourne Property Sales Results
Sat 5th Oct & Sun 6th Oct 2013
A clearance rate of 71 per cent was recorded this weekend. There was no official clearance rate last weekend or this weekend last year due to the timing of the Grand Final.
There were 712 auctions reported to the REIV this weekend, with 509 selling and 203 being passed in, 115 of those on a vendor bid.
Next weekend the REIV expects around 1010 auctions.
Enzo Raimondo
CEO REIV
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S Sold at Auction: 401SB Sold before Auction: 107
SA Sold after Auction: 1
Passed in: 203
Passed in on vendor's bid: 115
Clearance rate: 71%
TOTAL AUCTIONS
This week: 712
Yesterday: 11
Last Sunday: 11
This weekend last month: 470
This weekend last year: 42
CLEARANCE RATES:
Weekend: 71%
Yesterday: 73%
Last Sunday: N/A
This weekend last month: 73%
This weekend last year: N/A
Postponed: 11
Withdrawn: 7
Auctions with no result: 80
PS Private Sales: 484
Total Volume (Auctions): $342.48mil
Total Volume (Private Sales): $225.89mil
Total Auctions Houses: 424
Clearance Rate: 72%
Median Price: $677,500
Total Value: $225,987,429
Total Auctions Flats/Apartments: 271
Clearance Rate: 71%
Median Price: $530,000
Total Value: $110,593,238
Total Auctions Vacant Land: 17
Clearance Rate: 59%
Median Price: $290,000
Total Value: $5,898,000
TOP 5 HOUSES
1. 6A Read Street, Templestowe $2,280,000
2. 6 Archibald Street, Box Hill $2,200,000
3. 21 Henrietta Street, Hawthorn $1,965,000
4. 30 Olinda Street, Glen Waverley $1,690,000
5. 43 Severn Street, Balwyn North $1,600,000
TOP 5 BARGAIN HOUSES
1. 6 Green Street, Healesville $272,000
2. 23 Fairhaven Boulevard, Melton West $276,000
3. 3 Arleon Crescent, Cranbourne $290,000
4. 36 Thomson Avenue, Laverton $295,000
5. 86 Fullwood Drive, Sunbury $305,000
TOP 5 APARTMENTS
1. 3/14-16 Yarra Street, Williamstown $1,560,000
2. 1/35 Draper Street, Ormond $1,203,000
3. 39A Glencairn Avenue, Camberwell $1,168,000
4. 35A River Street, Richmond $1,150,000
5. 92/8-10 The Esplanade, St Kilda $1,125,000
TOP 5 BARGAIN APARTMENTS
1. 14/271 Ohea Street, Pascoe Vale South $250,000
2. 1/205 Mason Street, Newport $264,000
3. 5/109 Creswick Street, Footscray $273,000
4. 3/353-355 Geelong Road, Kingsville $296,000
5. 16/5 Brindisi Street, Mentone $301,000