Melbourne Property Sales Results
for Saturday 7th and Sunday 8th November 2015
A clearance rate of 71 per cent was recorded this weekend compared to 68 per cent last weekend and 64 per cent this weekend last year.
There were 953 auctions reported to the REIV THIS weekend, with 675 selling and 278 being passed in, 134 of those on a vendor bid.
Family homes in inner and middle Melbourne showed the highest median price growth in the 12 months to September, with increases of about 15 per cent for four bedroom houses.
ENZO RAIMONDO
CEO REIV
Request Your Property Strategy Session Here
S Sold at Auction: 546
SB Sold before Auction: 127
SA Sold after Auction: 2
Passed in: 278
Passed in on vendor's bid: 134
Clearance rate: 71%
TOTAL AUCTIONS
This week: 953
Last weekend: 527
This weekend last year: 1143
Postponed: 27
Withdrawn: 16
Auctions with no result: 224
PS Private Sales: 362
Total Volume (Auctions): $576.11mil
Total Volume (Private Sales): $186.09mil
Total Auctions Houses: 663
Clearance Rate: 73%
Median Price: $847,500
Total Value: $460,165,576
Total Auctions Flats/Apartments: 280
Clearance Rate: 66%
Median Price: $603,000
Total Value: $114,559,350
Total Auctions Vacant Land: 9
Clearance Rate: 56%
Median Price: $266,000
Total Value: $1,348,000
House Sales in Detail
TOP 5 HOUSES
1. 105 Carrington Road, Box Hill $3,630,000
2. 22 North Road, Brighton $3,160,000
3. 75 Gordon Street, Balwyn $2,870,000
4. 2 Bamfield Close, Templestowe $2,800,000
5. 8 Lurnea Road, Glen Iris $2,675,000
TOP 5 BARGAIN HOUSES
1. 27 Candlebark Crescent, Frankston North $305,000
2. 30 Coleman Crescent, Rosebud West $325,000
3. 61 Banbury Crescent, Craigieburn $335,000
4. 44 Baystone Road, Epping $345,000
5. 1 Selby Street, Dallas $350,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 38 Through Road, Camberwell $1,542,000
2. 1B Robert Street, Elwood $1,450,000
3. 1/12 Arkaringa Crescent, Black Rock $1,350,000
4. 101B Oakleigh Road, Carnegie $1,256,000
5. 19B Acacia Avenue, Mentone $1,235,000
TOP 5 BARGAIN APARTMENTS
1. 7/72 Princes Street, Flemington $250,000
2. 2/115 Eskdale Road, Caulfield North $272,000
3. 3/24 Jones Road, Dandenong $300,000
4. 8/201 Blyth Street, Brunswick East $310,300
5. 6/307 Riversdale Road, Hawthorn East $332,500
Source: REIV
Free Download: 8 Tips for Auction Day