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Auction Results

Saturday 13th September & Sunday 14th September 2014

House with auction sign

A clearance rate of 73 per cent was recorded this week compared to 76 per cent last weekend and 74 per cent this weekend last year.

There were 941 auctions reported to the REIV this weekend, with 689 properties selling and 252 being passed in, 112 of those on a vendor bid.

The REIV collected 98% of auction results last weekend with a total of 978 results including 17 postponed and 20 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 574
SB Sold before Auction: 115
SA Sold after Auction: 0

Passed in: 252
Passed in on vendor's bid: 112

Clearance rate: 73%

TOTAL AUCTIONS
This week: 941
This weekend last month: 693
This weekend last year: 916

CLEARANCE RATES:
Weekend: 73%
This weekend last month: 72%
This weekend last year: 74%

Postponed: 17
Withdrawn: 20
Auctions with no result: 15

PS Private Sales: 365

Total Volume (Auctions): $570.14mil
Total Volume (Private Sales): $195.91mil

Total Auctions Houses: 629
Clearance Rate: 76%
Median Price: $840,000
Total Value: $444,369,250

Total Auctions Flats/Apartments: 293
Clearance Rate: 67%
Median Price: $563,000
Total Value: $110,953,150

Total Auctions Vacant Land: 17
Clearance Rate: 71%
Median Price: $392,500
Total Value: $5,705,000


TOP 5 HOUSES
1. 97 Winmalee Road, Balwyn $3,155,000
2. 222 Esplanade West, Port Melbourne $2,920,000
3. 336 Burnley Street, Richmond $2,544,000
4. 25-27 Wellington Avenue, Beaumaris $2,460,000
5. 44 Story Street, Parkville $2,340,000

TOP 5 BARGAIN HOUSES
1. 19 Tulloch Avenue, Kurunjang $178,000
2. 162 Mcgrath Road, Wyndham Vale $235,500
3. 78 Greenwood Drive, Carrum Downs $236,000
4. 3 Ovens Circuit, Whittlesea $240,000
5. 2 Benalla Street, Dallas $283,500

TOP 5 APARTMENTS
1. 17B Draper Street, Mckinnon $1,200,000
2. 17A Draper Street, Mckinnon $1,176,000
3. 8D John Street, Ivanhoe $1,120,000
4. 4/11 Yarrbat Avenue, Balwyn $1,120,000
5. 25A Beddoe Avenue, Brighton East $1,100,000

TOP 5 BARGAIN APARTMENTS
1. 2 Hermione Terrace, Epping $220,000
2. 2A Hermione Terrace, Epping $220,000
3. 5/3 Mclennan Place, Preston $273,000
4. 8/444 Albion Street, Brunswick West $275,000
5. 1/39 Myrnong Crescent, Ascot Vale $284,000

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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