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Auction Results

Saturday 23rd May & Sunday 24th May 2015

House with auction sign

A clearance rate of 82 per cent was recorded this weekend compared to 77 per cent last weekend and 71 per cent this weekend last year.

There were 940 auctions reported to the REIV this weekend, with 775 selling and 165 being passed in, 79 of those on a vendor bid.

The demand for auctions has been the strongest in Melbourne’s east. The top local government areas which experienced the highest clearance rates this year are Knox (94 per cent), Whitehorse (89 per cent) and Maroondah (88 per cent).

Enzo Raimondo
CEO REIV


S Sold at Auction: 636
SB Sold before Auction: 138
SA Sold after Auction: 1

Passed in: 165
Passed in on vendor's bid: 79

Clearance rate: 82%

TOTAL AUCTIONS
This week: 940
Yesterday: 15
Last Sunday: 27
This weekend last month: 120
This weekend last year: 1132
CLEARANCE RATES:
Weekend: 82%
Yesterday: 87%
Last Sunday: 85%
This weekend last month: 82%
This weekend last year: 71%

Postponed: 16
Withdrawn: 14
Auctions with no result: 130

PS Private Sales: 473

Total Volume (Auctions): $721.5mil
Total Volume (Private Sales): $273.49mil

Total Auctions Houses: 638
Clearance Rate: 86%
Median Price: $920,000
Total Value: $551,832,850

Total Auctions Flats/Apartments: 282
Clearance Rate: 76%
Median Price: $630,000
Total Value: $145,093,819

Total Auctions Vacant Land: 14
Clearance Rate: 50%
Median Price: $348,500
Total Value: $2,819,200

TOP 5 HOUSES
1. 46 Canberra Grove, Brighton East $4,010,000
2. 1 Russell Street, Toorak $3,960,000
3. 27 Donna Buang Street, Camberwell $3,370,000
4. 82 Maud Street, Balwyn North $3,083,000
5. 1 Grieve Street, Balwyn North $2,805,000
TOP 5 BARGAIN HOUSES
1. 4 Dumosa Court, St Albans $247,500
2. 17 Brighton Place, Craigieburn $295,000
3. 1 Moorhen Crescent, Carrum Downs $304,000
4. 1 Mitre Crescent, Frankston North $308,000
5. 43 Trafalgar Street, Albanvale $317,000

TOP 5 APARTMENTS
1. 1001/115 Beach Street, Port Melbourne $2,350,000
2. 8B Webb Street, Caulfield $2,270,000
3. 114/350 St Kilda Road, Melbourne $2,100,000
4. 2/29 Park Street, South Yarra $1,530,000
5. 4/55-57 Manningtree Road, Hawthorn $1,508,000
TOP 5 BARGAIN APARTMENTS
1. 8/35 Stud Road, Dandenong $210,000
2. 2/66 Dundas Street, Thornbury $247,000
3. 7/210 Clarke Street, Northcote $270,000
4. 2/2 May Street, Altona North $280,000
5. 8/9 Murrumbeena Road, Murrumbeena $285,000

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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