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Auction Results

Saturday 19th April & Sunday 20th April 2014

House with auction sign

Due to the low number of auctions held during this Easter week, the REIV does not publish an official clearance rate. Generally after Easter, auction listings tend to be lower than before as the market heads into winter.

There were 61 auctions reported to the REIV, with 33 selling and 28 being passed in, 13 of those on a vendor bid.

Enzo Raimondo

S Sold at Auction: 16
SB Sold before Auction: 4
SA Sold after Auction: 1

Passed in: 14
Passed in on vendor's bid: 2

Clearance rate: N/A

This week: 61
Last weekend: 1397
This time last year: 604

Postponed: 11
Withdrawn: 4
Auctions with no result: 4

PS Private Sales: 383

Total Volume (Auctions): $16.56mil
Total Volume (Private Sales): $201.36mil

Total Auctions Houses: 37
Clearance Rate: 54%
Median Price: $683,000
Total Value: $11,345,500

Total Auctions Flats/Apartments: 11
Clearance Rate: 27%
Median Price: $247,500
Total Value: $1,042,000

Total Auctions Vacant Land: 12
Clearance Rate: 75%
Median Price: $265,000
Total Value: $2,161,000

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