Melbourne Property Sales Results
A clearance rate of 74 per cent was recorded this weekend compared to 74 per cent last weekend and 61 per cent this weekend last year.
There were 441 auctions reported to the REIV this weekend, with 328 selling and 113 being passed in, 64 of those on a vendor bid.
Next weekend the REIV expects around 980 auctions.
Enzo Raimondo CEO REIV
RESIDENTIALS Sold at Auction: 262
SB Sold before Auction: 62
SA Sold after Auction: 4
Passed in: 113
Passed in on vendor's bid: 64
Clearance rate: 74%
TOTAL AUCTIONS
This week: 441
Yesterday: 18
Last Sunday: 38
This weekend last month: 600
This weekend last year: 487
CLEARANCE RATES:
Weekend: 75%
Yesterday: 78%
Last Sunday: 92%
This weekend last month: 74%
This weekend last year: 61%
Postponed: 14
Withdrawn: 23
Auctions with no result: 12
PS Private Sales: 400
Total Volume (Auctions): $275.14mil
Total Volume (Private Sales): $192.95mil
Total Auctions Houses: 299
Clearance Rate: 78%
Median Price: $791,000
Total Value: $220,634,050
Total Auctions Flats/Apartments: 134
Clearance Rate: 69%
Median Price: $526,000
Total Value: $51,175,000
Total Auctions Vacant Land: 8
Clearance Rate: 50%
Median Price: $847,500
Total Value: $3,331,000
TOP 5 HOUSES
1. 51 Wattle Valley Road, Canterbury $3,400,000
2. 32 Murray Street, Elsternwick $3,195,000
3. 21&23 Truganini Road, Carnegie $2,540,000
4. 88 Manning Road, Malvern East $2,530,000
5. 18 Woodside Crescent, Toorak $2,360,000
TOP 5 BARGAIN HOUSES
1. 7D Rokewood Crescent, Meadow Heights $290,500
2. 12 Pittosporum Grove, Doveton $296,000
3. 7 Clunes Place, Epping $297,000
4. 6 Neerim Street, Thomastown $330,000
5. 32 Baileyana Street, Frankston South $334,000
TOP 5 APARTMENTS
1. 401/28 Tanner Street, Richmond $1,155,000
2. 1/170 Peel Street, Windsor $1,100,000
3. 1/17 Antibes Street, Parkdale $1,032,000
4. 1/36 Scott Street, Elwood $992,000
5. 3/58 Relowe Crescent, Mont Albert North $961,000
TOP 5 BARGAIN APARTMENTS
1. 5/18 King Street, Dallas $140,500
2. 7/24 Ormond Road, Ascot Vale $251,000
3. 12/32 Richardson Street, Essendon $258,000
4. 12/67 Coorigil Road, Carnegie $305,000
5. 5/524 Moreland Road, Brunswick West $311,000