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Auction Results

Saturday 28th March 2015

House with auction sign

A clearance rate of 79 per cent was recorded this weekend compared to 76 per cent last weekend and 69 per cent this weekend last year.
There were 1291 auctions reported to the REIV today, with 1014 selling and 277 being passed in, 122 of those on a vendor bid.

It has been a busy start to the year, with more than 7,000 auctions held in the year to date. The annual clearance rate, at 77 per cent is the highest since 2010.

Enzo Raimondo
CEO REIV


S Sold at Auction: 810
SB Sold before Auction: 203
SA Sold after Auction: 1

Passed in: 277
Passed in on vendor's bid: 122

Clearance rate: 79%

TOTAL AUCTIONS
This week: 1291
Last weekend: 1205
This time last year: 1230

Postponed: 23
Withdrawn: 11
Auctions with no result: 215

PS Private Sales: 506

Total Volume (Auctions): $958.02mil
Total Volume (Private Sales): $292.11mil

Total Auctions Houses: 873
Clearance Rate: 82%
Median Price: $901,000
Total Value: $736,504,291

Total Auctions Flats/Apartments: 383
Clearance Rate: 72%
Median Price: $630,000
Total Value: $186,871,500

Total Auctions Vacant Land: 25
Clearance Rate: 48%
Median Price: $1,100,000
Total Value: $13,262,000

TOP 5 HOUSES
1. 25 Montclair Avenue, Glen Waverley $3,900,000
2. 191 Gore Street, Fitzroy $3,580,000
3. 12 Swinton Avenue, Kew $3,450,000
4. 41 Tower Road, Balwyn North $3,450,000
5. 84 Kinkora Road, Hawthorn $3,160,000
TOP 5 BARGAIN HOUSES
1. 2 Casey Avenue, Sunbury $271,500
2. 164 Gap Road, Sunbury $278,500
3. 7 Seventh Avenue, Rosebud $295,000
4. 2 Heyington Boulevard, Carrum Downs $325,000
5. 26 Epstein Street, Reservoir $330,000

TOP 5 APARTMENTS
1. 4 Corhampton Road, Balwyn North $1,900,000
2. 6 Balmoral Avenue, Kew $1,711,000
3. 4/156 Beaconsfield Parade, Albert Park $1,670,000
4. 4/2 Male Street, Brighton $1,650,000
5. 103 Carpenter Street, Brighton $1,600,000
TOP 5 BARGAIN APARTMENTS
1. 3/45 Oakleigh Road, Carnegie $230,000
2. 14/11-17 Park Street, St Kilda West $230,000
3. 3/95 Dawson Street, Brunswick $260,000
4. 6/231 Dandenong Road, Prahran $275,000
5. 2/68 French Street, Lalor $280,000

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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