REIV Member Login








Forgotten your password?

Not a member? Join here >>


Login / Join

Property Research



Share this Page with a Friend

 

Auction Results

Saturday 23rd August 2014

House with auction sign

A clearance rate of 71 per cent was recorded this weekend compared to 73 per cent last weekend and 79 per cent this weekend last year.

There were 608 auctions reported to the REIV today, with 434 properties selling and 174 being passed in, 74 of those on a vendor bid.

So far this year, about 14 per cent of homes scheduled for auction were sold before. This is the highest since 2010 when 15 per cent of homes were sold before auction. Some of the suburbs with the highest share of homes sold before auction also reported high clearance rates. In Wantirna, for example, 41 per cent of homes were sold before auction, with an overall clearance rate of 92 per cent.

Enzo Raimondo
CEO REIV


S Sold at Auction: 340
SB Sold before Auction: 92
SA Sold after Auction: 2

Passed in: 174
Passed in on vendor's bid: 74

Clearance rate: 71%

TOTAL AUCTIONS
This week: 608
Last weekend: 674
This time last year: 623
Postponed: 11
Withdrawn: 7
Auctions with no result: 64

PS Private Sales: 340

Total Volume (Auctions): $358.72mil
Total Volume (Private Sales): $192.13mil

Total Auctions Houses: 380
Clearance Rate: 73%
Median Price: $785,500
Total Value: $256,136,250

Total Auctions Flats/Apartments: 218
Clearance Rate: 67%
Median Price: $625,000
Total Value: $98,878,098

Total Auctions Vacant Land: 10
Clearance Rate: 80%
Median Price: $326,000
Total Value: $3,707,000

TOP 5 HOUSES
1. 589 Riversdale Road, Camberwell $3,280,000
2. 173 Nelson Road, South Melbourne $3,250,000
3. 9-11 Bruce Street, Box Hill $3,000,000
4. 5 St. Kilian Street, Hampton $2,620,000
5. 59 Medina Road, Glen Waverley $2,580,000
TOP 5 BARGAIN HOUSES
1. 38 Wakenshaw Crescent, Pakenham $300,000
2. 2 Saratoga Walk, Epping $315,000
3. 14 Hughes Crescent, Dandenong North $326,000
4. 40 Dunsterville Crescent, Frankston $362,500
5. 58 Ferndale Road, Sunshine North $365,000

TOP 5 APARTMENTS
1. 1/13A Dendy Street, Brighton $2,230,000
2. 1 Sylvia Crescent, Black Rock $1,685,000
3. 169 Beach Road, Sandringham $1,652,500
4. 2/14 Martin Court, Toorak $1,651,000
5. 84 Yarra Boulevard, Richmond $1,510,000
TOP 5 BARGAIN APARTMENTS
1. 1/68 Woornack Road, Carnegie $230,000
2. 2/54 Balston Street, Balaclava $306,000
3. 7/7 Waltham Street, Flemington $320,000
4. 1/27 Grimwade Street, Reservoir $330,500
5. 12/13 Mcculloch Street, Essendon North $332,000

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

Search Property Data - Auction results

To find the auction results in a particular suburb over the past week please enter the suburb in this search box.

Enter suburb:

* *

Looking to rent or buy?
Realestateviewhome Click here to search.
Free auction alerts
Sold Today Sign up for our free sales and auction alert emails
  • Register to receive weekly sales updates:
  • Register Now
  • Subscribe to our RSS Feed:
  • Subscribe Now