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Auction Results

Saturday 16th and Sunday 17th August 2014

House with auction sign

A clearance rate of 73 per cent was recorded this weekend compared to 72 per cent last weekend and 74 per cent this weekend last year.

There were 674 auctions reported to the REIV this weekend, with 493 selling and 181 being passed in, 79 of those on a vendor bid.

The REIV collected 97% of auction results last weekend with a total of 703 results including 16 postponed and 13 withdrawn.

Enzo Raimondo
CEO REIV



S Sold at Auction: 389
SB Sold before Auction: 102
SA Sold after Auction: 2

Passed in: 181
Passed in on vendor's bid: 79

Clearance rate: 73%

TOTAL AUCTIONS
This week: 674
This weekend last month: 583
This weekend last year: 599

CLEARANCE RATES:
Weekend: 73%
This weekend last month: 70%
This weekend last year: 74%

Postponed: 16
Withdrawn: 13
Auctions with no result: 20

PS Private Sales: 372

Total Volume (Auctions): $382.29mil
Total Volume (Private Sales): $193.66mil

Total Auctions Houses: 432
Clearance Rate: 74%
Median Price: $806,600
Total Value: $283,022,138

Total Auctions Flats/Apartments: 228
Clearance Rate: 71%
Median Price: $560,000
Total Value: $92,695,388

Total Auctions Vacant Land: 13
Clearance Rate: 69%
Median Price: $660,000
Total Value: $3,483,000


TOP 5 HOUSES
1. 58 Hanby Street, Brighton $3,990,000
2. 18 Arranmore Avenue, Black Rock $2,905,000
3. 46 Somerville Street, Doncaster $2,641,000
4. 105 Woodland Street, Essendon $2,434,500
5. 51 Sutton Street, Balwyn North $2,430,000

TOP 5 BARGAIN HOUSES
1. 1 Vasey Court, Melton South $180,000
2. 19 Armytage Way, Wyndham Vale $266,000
3. 38 Axminister Drive, Craigieburn $280,000
4. 67 Mt Pleasant Road, Monbulk $286,000
5. 22 Irving Court, Rosebud West $310,000

TOP 5 APARTMENTS

1. 17 Albert Place, Richmond $2,530,000
2. 15E/481 St Kilda Road, Melbourne $1,570,000
3. 2/73 Maud Street, Balwyn North $1,310,000
4. 18 Newry Street, Carlton North $1,225,000
5. 186 Tramway Parade, Beaumaris $1,111,000

TOP 5 BARGAIN APARTMENTS
1. A12/1-5 Grantham Street, Brunswick West $155,000
2. 31/116 Inkerman Street, St Kilda $216,000
3. 2/13 Tom Roberts Parade, Point Cook $285,000
4. 3/91 Lower Heidelberg Road, Ivanhoe $303,500
5. 5/57 Chapel Street, St Kilda $306,000

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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