Melbourne Property Sales Results
for Saturday 6th and Sunday 7th June 2015
A clearance rate of 74 per cent was recorded this weekend compared to 80 per cent last weekend and 61 per cent this weekend last year.
There were 242 auctions reported to the REIV this weekend, with 179 selling and 63 being passed in, 33 of those on a vendor bid.
The Melbourne-wide clearance rate in May 2015 was 81 per cent, which is the highest for the month of May since 2009.
Enzo Raimondo
CEO REIV
Register Here for Free Property Investing Tips / Strategies
S Sold at Auction: 143
SB Sold before Auction: 36
SA Sold after Auction: 0
Register Here for Free Property Investing Tips / Strategies
Passed in: 63
Passed in on vendor's bid: 33
Clearance rate: 74%
TOTAL AUCTIONS
This week: 242
Yesterday: 3
Last Sunday: 28
This weekend last month: 1060
This weekend last year: 298
CLEARANCE RATES:
Weekend: 74%
Yesterday: 100%
Last Sunday: 93%
This weekend last month: 79%
This weekend last year: 61%
Postponed: 8
Withdrawn: 2
Auctions with no result: 38
PS Private Sales: 451
Total Volume (Auctions): $137.57mil
Total Volume (Private Sales): $254.43mil
Total Auctions Houses: 176
Clearance Rate: 75%
Median Price: $745,500
Total Value: $108,433,388
Total Auctions Flats/Apartments: 60
Clearance Rate: 73%
Median Price: $641,250
Total Value: $27,385,000
Total Auctions Vacant Land: 4
Clearance Rate: 75%
Median Price: $450,500
Total Value: $1,751,500
TOP 5 HOUSES
1. 9 Bringa Avenue, Camberwell $3,316,000
2. 1 Blair Road, Glen Waverley $2,450,000
3. 8 One Chain Road, Merricks North $1,950,000
4. 126 Cathies Lane, Wantirna South $1,926,000
5. 4 Flavia Court, Mount Waverley $1,900,000
TOP 5 BARGAIN HOUSES
1. 5 Eve Court, Craigieburn $330,000
2. 4 Nixon Street, Rosebud $362,500
3. 20 Mcconnell Crescent, Roxburgh Park $376,000
4. 4 Kent Way, Tullamarine $390,000
5. 10 Gregory Court, Cranbourne North $400,000
TOP 5 APARTMENTS
1. 1/12 Derby Street, Blackburn $1,150,000
2. 1/7 Fairhills Parade, Glen Waverley $1,005,000
3. 41/400 Victoria Parade, East Melbourne $940,000
4. 22 Kashmira Street, Bentleigh East $900,000
5. 1/44 Shady Grove, Nunawading $900,000
TOP 5 BARGAIN APARTMENTS
1. 25 Village Avenue, Taylors Lakes $295,000
2. 2/27 Prospect Street, Glenroy $339,000
3. 2/135 Raleigh Street, Thornbury $420,000
4. 3 Fielders Walk, Westmeadows $425,000
5. 14/105-117 Torbay Street, Macleod $430,000
Source: http://www.reiv.com.au/Property-Research
Request Your Property Strategy Session Here