Melbourne Property Sales Results
for Saturday 30th and Sunday 31st July 2016
A clearance rate of 78 per cent was recorded this weekend compared to 72 per cent last weekend and 77 per cent this weekend last year. There were 601 auctions reported to the REIV, with 468 selling and 133 being passed in, 66 of those on a vendor bid. East Melbourne recorded the highest clearance rate of any Melbourne suburbs in the three months to 30 June (100 percent), followed by Fitzroy North (96 percent), Blackburn South and Caulfield South (95 per cent).
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The Detail
- 400 Sold at Auction
- 68 Sold before Auction
- 0 Sold after auction
- 133 Passed In
- 66 Passed in on Vendor bid
- 7 Withdrawn
- 7 Postponed
- 75 No result
- 81% Clearance Rate(Houses)
- 73% Clearance Rate (Units/Apts)
- 407 Total Auction Volume ($M)
Private Sales
- 341 Private Sales
- 218 Total Private Sale Volume ($M)
Sales Highlights
Top House Sales
- 17 Mckinley Av MALVERN $4,980,000
- 34 Alfred St KEW $3,065,000
- 596 High Street Rd GLEN WAVERLEY $2,700,000
- 13 Clarence St MALVERN EAST $2,490,000
- 120 Westgarth St NORTHCOTE $2,315,000
Top Apartment Sales
- 197-199 Park St SOUTH MELBOURNE $2,355,000
- 15B Raynes St CAULFIELD SOUTH $1,775,000
- 6B Glenmore Cr BLACK ROCK $1,620,000
- 1/23A Greythorn Rd BALWYN NORTH $1,455,000
- 8/2-4 Groves St ASPENDALE $1,375,000
Bargain House Sales
- 116 Princes Hwy NORLANE $195,000
- 200 Blair St DALLAS $275,000
- 10/91-93 Mickleham Rd TULLAMARINE $325,000
- 39 Shackleton St BELMONT $326,000
- 289 Boundary Rd ST ALBANS PARK $336,000
Bargain Apartment Sales
- 5/25 Ridley St ALBION $190,000
- 2/35 Bruce St DANDENONG $240,000
- 10/8 Anzac St CARNEGIE $270,000
- 3/51 Reid St SOUTH MORANG $303,000
- 10/75 Barkly St MORDIALLOC $320,000
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Source: REIV
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