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Auction Results

Saturday 30th May 2015

House with auction sign

A clearance rate of 82 per cent was recorded this weekend compared to 80 per cent last weekend and 71 per cent this weekend last year.
There were 1035 auctions reported to the REIV today, with 845 selling and 190 being passed in, 96 of those on a vendor bid.

There were more than 150 suburbs in metro Melbourne where the median price recorded in the first quarter of 2015 was below the metropolitan median of $688,000.
The highest clearance rates recorded so far this year for these areas were for Bayswater (100 per cent), Knoxfield (100 per cent) and Heathmont (97 per cent).

Enzo Raimondo
CEO REIV


S Sold at Auction: 659
SB Sold before Auction: 183
SA Sold after Auction: 3

Passed in: 190
Passed in on vendor's bid: 96

Clearance rate: 82%

TOTAL AUCTIONS
This week: 1035
Last weekend: 1043
This time last year: 1206

Postponed: 11
Withdrawn: 13
Auctions with no result: 151

PS Private Sales: 465

Total Volume (Auctions): $790.25mil
Total Volume (Private Sales): $279.05mil

Total Auctions Houses: 677
Clearance Rate: 84%
Median Price: $924,250
Total Value: $618,272,700

Total Auctions Flats/Apartments: 334
Clearance Rate: 78%
Median Price: $590,000
Total Value: $159,202,000

Total Auctions Vacant Land: 21
Clearance Rate: 48%
Median Price: $588,000
Total Value: $9,177,000

TOP 5 HOUSES
1. 3 Miller Street, Brighton $8,040,000
2. 36 Wentworth Avenue, Canterbury $3,950,000
3. 6 York Street, St Kilda West $3,500,000
4. 24 Northcote Road, Armadale $3,000,000
5. 3 Percy Street, Balwyn $2,950,000
TOP 5 BARGAIN HOUSES
1. 11 Allawah Court, Hoppers Crossing $290,000
2. 4 Currawong Street, Mornington $300,000
3. 11 Mica Court, Kings Park $314,000
4. 50 Learmonth Crescent, Sunshine West $326,000
5. 2 Silverton Court, Craigieburn $330,000

TOP 5 APARTMENTS
1. 10B Roselyn Crescent, Bentleigh East $1,420,000
2. 4/31 Cookson Street, Camberwell $1,340,000
3. 5A/9 Beach Street, Port Melbourne $1,230,000
4. 22 Stillman Street, Richmond $1,221,000
5. 2/45 Park Street, South Yarra $1,200,000
TOP 5 BARGAIN APARTMENTS
1. 3/6 Hatfield Court, West Footscray $220,000
2. 4/230 Ascot Vale Road, Ascot Vale $236,000
3. 2/5-7 Princes Street, Abbotsford $270,000
4. 3/24 Methven Avenue, South Morang $272,500
5. 11/69-71 Delhi Court, Travancore $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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