Auction Results

Auction Summary (Victoria) - Week ending Sunday 18 Dec 2016

1231

Auctions Held

75%

Clearance Rate


This Time Last Year

790

Auctions held last year

67%

Clearance rate last year


Market Wrap

A clearance rate of 75 per cent was recorded this week compared to 79 per cent last weekend and 67 per cent this weekend last year. There were 1231 auctions reported to the REIV, with 924 selling and 307 being passed in, 103 of those on a vendor bid. The REIV collected 97% of auction results last week with a total of 1297 results including 41 withdrawn and 25 postponed.

The results were last updated : 21/12/2016 12:23:00 PM


The Detail

733
Sold at Auction
188
Sold before Auction
3
Sold after auction
307
Passed In
103
Passed in on Vendor bid
41
Withdrawn
25
Postponed
47
No result
77%
Clearance Rate(Houses)
74%
Clearance Rate (Units/Apts)
703
Total Auction Volume ($M)

Private Sales

331
Private Sales
224
Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

Location Price
24 Alexandra Av CANTERBURY $4,012,000
20 Glen St HAWTHORN $3,420,000
86 Richmond Tce RICHMOND $3,414,000
727 Hampton St BRIGHTON $3,220,000
36 Glenbervie Rd STRATHMORE $2,575,000

Top Apartment Sales

Location Price
61A Hawksburn Rd SOUTH YARRA $2,065,000
1/1 Tennyson St SANDRINGHAM $1,535,000
1B Charlotte St GLEN WAVERLEY $1,511,000
18 King Georges Av MORNINGTON $1,470,000
14A Wattle Gr MCKINNON $1,470,000

Bargain House Sales

Location Price
10 Michigan Av CORIO $274,000
84 Palmerston St MELTON $288,000
489 High St MELTON $292,500
205 Botanica Springs Blvd BROOKFIELD $300,000
38 Forster St NORLANE $307,000

Bargain Apartment Sales

Location Price
7/74 Beach St FRANKSTON $250,000
2/109 Dalton Rd THOMASTOWN $256,000
9/42 Dundas St THORNBURY $275,000
10/54 Napier St FOOTSCRAY $280,000
7/199 Beach St FRANKSTON $293,000

We hope you like the new look of our weekly auction results.

Your valuable feedback is welcome at research@reiv.com.au.

 

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