Melbourne Property Sales Results
for Saturday 12th and Sunday 13th March 2016
Enzo Raimondo's Market Wrap
A clearance rate of 70 per cent was recorded this weekend compared to 74 per cent last weekend and 77 per cent this weekend last year. There were 335 auctions reported to the REIV, with 233 selling and 102 being passed in, 44 of those on a vendor bid. This weekend has the highest number of auctions scheduled for Labour Day weekend since 2008 (more than 400 auctions).
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The Detail
- 185 Sold at Auction
- 48 Sold before Auction
- 102 Passed In
- 6 Withdrawn
- 0 Sold after auction
- 44 Passed in on Vendor bid
- 9 Postponed
Sales Highlights
Top House Sales
- 100-102 David St PRESTON $3,350,000
- 18 Hood St BALWYN NORTH $1,990,000
- 43 Provost St NORTH MELBOURNE $1,950,000
- 2 Harriett Cr MONT ALBERT $1,760,000
- 175 Richardson St MIDDLE PARK $1,755,000
Top Apartment Sales
- 14 Dwyer St BLACKBURN $1,135,000
- 9/52-54 Young St FITZROY $950,000
- 11/12-14 York St GLEN WAVERLEY $898,000
- 1502/1 William St MELBOURNE $860,000
- 506/185 Rose St FITZROY $850,000
Bargain House Sales
- 65 Walsgott St NORTH GEELONG $300,000
- 50 Gateshead St CRAIGIEBURN $301,000
- 23 Sages Rd BAXTER $305,000
- 16 Plowman Ct EPPING $352,500
- 32 Mimosa Av MILL PARK $360,000
Bargain Apartment Sales
- 6/2-4 Gordon St TULLAMARINE $280,000
- 17/275 Burnley St RICHMOND $301,000
- 9/10 Hendry St SUNSHINE WEST $310,000
- 12/46 Eucalyptus Dr MAIDSTONE $335,000
- 1A Bent St WESTMEADOWS $375,000
Source: REIV
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