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Auction Results

Saturday 27th & Sunday 28th September 2014

House with auction sign

There were 59 auctions reported to the, with 45 properties selling and 14 being passed in, 6 of those on a vendor bid.

The REIV collected 96% of auction results with a total of 65 results including 2 postponed and 4 withdrawn.

There will be no official clearance rate this week due to the low level of auctions as a result of the AFL Grand Final. Next weekend the REIV expects about 840 auctions.

Enzo Raimondo
CEO REIV


S Sold at Auction: 34
SB Sold before Auction: 11
SA Sold after Auction: 0

Passed in: 14
Passed in on vendor's bid: 6

Clearance rate: N/A

TOTAL AUCTIONS
This week: 59
Last Weekend: 1051
This time last year: 64

Postponed: 2
Withdrawn: 4
Auctions with no result: 3

PS Private Sales: 353

Total Volume (Auctions): $33.59mil
Total Volume (Private Sales): $194.14mil

Total Auctions Houses: 33
Clearance Rate: 73%
Median Price: $750,000
Total Value: $19,004,000

Total Auctions Flats/Apartments: 19
Clearance Rate: 79%
Median Price: $666,000
Total Value: $8,626,100

Total Auctions Vacant Land: 5
Clearance Rate: 100%
Median Price: $450,000
Total Value: $4,135,000

TOP 5 HOUSES
1. 13 Ingleside Crescent, Glen Waverley $1,800,000
2. 1 Levien Street, Essendon $1,142,000
3. 7 Aberdeen Street, Hawthorn East $1,090,000
4. 394 Ross Street, Port Melbourne $870,000
5. 45 Carinya Road, Vermont $856,000

TOP 5 BARGAIN HOUSES
1. 30A Cinerea Avenue, Ferntree Gully $260,000
2. 31 Woodward Street, Springvale $481,000
3. 99 Springvale Road, Nunawading $481,000
4. 15 Middleton Street, Watsonia North $578,000
5. 547 Mitcham Road, Vermont $655,000

TOP 5 APARTMENTS
1. 1/16 Churchill Avenue, Chadstone $851,000
2. 1/14 Leopold Street, Caulfield South $736,500
3. 2/26 Burton Crescent, Ivanhoe East $710,000
4. 24A Bennett Avenue, Mount Waverley $700,000
5. 1/2 Alice Street, Clayton $634,000

TOP 5 BARGAIN APARTMENTS
1. 6/101 Mccrae Street, Dandenong $250,000
2. 3/73 Helen Street, St Albans $317,500
3. 2/4 Dendy Court, Mulgrave $446,500
4. 2/10 Henry Street, Noble Park $450,100
5. 16/47 Denbigh Road, Armadale $600,000

Select the first letter of the suburb name.

 

Propertydata.com.au

Don’t forget to tune in to Channel 9’s 6pm news bulletin on Saturday nights. The “Hot Property” segment features the latest market round-up and real estate results brought to you first by REIV.

Source: NINE NEWS

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