Melbourne Property Sales Results
for Saturday 7th and Sunday 8th May 2016
Enzo Raimondo's Market Wrap
A clearance rate of 73 per cent was recorded this weekend compared to 75 per cent last weekend and 80 per cent this weekend last year. There were 789 auctions reported to the REIV, with 576 selling and 213 being passed in, 84 of those on a vendor bid. The top auction suburbs in April were Wantirna and Keilor East - with a clearance rate of more than 90 per cent each.
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The Detail
- 459 Sold at Auction
- 117 Sold before Auction
- 213 Passed In
- 5 Withdrawn
- 0 Sold after auction
- 84 Passed in on Vendor bid
- 9 Postponed
Sales Highlights
Top House Sales
- 389 Barkly St ELWOOD $4,500,000
- 16 Vincent St GLEN IRIS $3,500,000
- 15 Hanby St BRIGHTON $3,171,000
- 989 Drummond St CARLTON NORTH $2,950,000
- 68 Beaver St MALVERN EAST $2,631,000
Top Apartment Sales
- 36A Warleigh Gr BRIGHTON $1,850,000
- 803/701 Mount Alexander Rd MOONEE PONDS $1,475,000
- 1/13 Glencairn Av BRIGHTON EAST $1,465,000
- 14A Stone St BRIGHTON EAST $1,425,000
- 3/54 Severn St BALWYN NORTH $1,400,000
Bargain House Sales
- 16 Shebler Pl MELTON $225,000
- 84 Bacchus Marsh Rd CORIO $243,000
- 50 Lorimer St CRIB POINT $285,000
- 9 Tea Tree Cl PAKENHAM $312,000
- 3 Whitley Cr CRAIGIEBURN $337,500
Bargain Apartment Sales
- 2/171 Barrabool Rd HIGHTON $265,000
- 9/13 Crimea St ST KILDA $285,000
- 1605/14 Kavanagh St SOUTHBANK $292,500
- 17/178 Victoria St BRUNSWICK $300,000
- 23 Ash St LALOR $305,000
Source: REIV
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