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Auction Results

Saturday 26th July & Sunday 17th July 2014

House with auction sign

A clearance rate of 73 per cent was recorded this weekend compared to 70 per cent last weekend and 69 per cent this weekend last year.

There were 592 auctions reported to the REIV this weekend, with 431 selling and 161 being passed in, 73 of those on a vendor bid.

After this week’s auctions, there is expected to be more than 2,200 auctions held in July. This is about 17 per cent higher than this month last year and is also higher than the 10-year average of 2,013 auctions.

Enzo Raimondo
CEO REIV


S Sold at Auction: 361
SB Sold before Auction: 70
SA Sold after Auction: 0

S Sold at Auction: 361SB Sold before Auction: 70SA Sold after Auction: 0

S Sold at Auction: 361
SB Sold before Auction: 70
SA Sold after Auction: 0

Passed in: 161
Passed in on vendor's bid: 73

Clearance rate: 73%

TOTAL AUCTIONS
This week: 592
Yesterday: 7
Last Sunday: 9
This weekend last month: 809
This weekend last year: 566

CLEARANCE RATES:
Weekend: 73%
Yesterday: 86%
Last Sunday: 56%
This weekend last month: 72%
This weekend last year: 69%

Postponed: 13
Withdrawn: 10
Auctions with no result: 85

PS Private Sales: 430

Total Volume (Auctions): $305.77mil
Total Volume (Private Sales): $216.14mil

Total Auctions Houses: 358
Clearance Rate: 75%
Median Price: $752,500
Total Value: $213,453,738

Total Auctions Flats/Apartments: 228
Clearance Rate: 71%
Median Price: $550,000
Total Value: $90,508,880

Total Auctions Vacant Land: 5
Clearance Rate: 40%
Median Price: $902,500
Total Value: $1,805,000

TOP 5 HOUSES
1. 8 Allee Street, Brighton $3,000,000
2. 28 Sevenoaks Street, Balwyn $2,610,000
3. 4 Roslyn Street, Brighton $2,475,000
4. 106 Park Street, Moonee Ponds $1,790,000
5. 5 Amelia Street, Mckinnon $1,725,000

TOP 5 BARGAIN HOUSES
1. 44 Ribblesdale Avenue, Wyndham Vale $255,000
2. 6 Tarata Drive, Doveton $262,000
3. 17 Cleveland Street, Thomastown $265,000
4. 33 Angelique Grove, Albanvale $280,000
5. 33 Old Belgrave Road, Upper Ferntree Gully $336,000

TOP 5 APARTMENTS
1. 274B Mckean Street, Fitzroy North $1,670,000
2. 12A Malcolm Street, Mckinnon $1,386,000
3. 605/416 Gore Street, Fitzroy $1,028,000
4. 5/284 Dorcas Street, South Melbourne $997,500
5. 1/66 Walsh Street, South Yarra $960,000

TOP 5 BARGAIN APARTMENTS
1. 1/21 Hampton Parade, West Footscray $200,000
2. 7/14-16 South Circular Road, Gladstone Park $210,000
3. 5/68 Woornack Road, Carnegie $225,000
4. 10/77 Chapman Avenue, Glenroy $260,000
5. 3/12 Young Street, Epping $266,500

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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