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Auction Results

Saturday 12th & Sunday 13th April 2014

House with auction sign

A clearance rate of 69 per cent was recorded this weekend compared to 69 per cent last weekend and 68 per cent this weekend last year.

There were 1397 auctions reported to the REIV this weekend, with 966 selling and 431 being passed in, 206 of those on a vendor bid.

The REIV collected 96% of auction results last weekend with a total of 1440 results including 22 postponed and 21 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 803
SB Sold before Auction: 160
SA Sold after Auction: 3

Passed in: 431
Passed in on vendor's bid: 206

Clearance rate: 69%

TOTAL AUCTIONS
This week: 1397
This weekend last month: 287
This weekend last year: 539

CLEARANCE RATES:
Weekend: 69%
This weekend last month: 67%
This weekend last year: 68%

Postponed: 22
Withdrawn: 21
Auctions with no result: 57

PS Private Sales: 423

Total Volume (Auctions): $714.45mil
Total Volume (Private Sales): $232.39mil

Total Auctions Houses: 843
Clearance Rate: 72%
Median Price: $752,000
Total Value: $494,172,348

Total Auctions Flats/Apartments: 530
Clearance Rate: 65%
Median Price: $547,500
Total Value: $214,065,521

Total Auctions Vacant Land: 23
Clearance Rate: 61%
Median Price: $447,000
Total Value: $6,214,500

TOP 5 HOUSES
1. 338 Cotham Road, Kew $2,753,000
2. 18 Turner Street, Malvern East $2,425,000
3. 26 Yarravale Road, Kew $2,300,000
4. 11 Young Street, Brighton $2,165,000
5. 20 & 22 Elgin Avenue, Armadale $2,121,000

1. 338 Cotham Road, Kew $2,753,0002. 18 Turner Street, Malvern East $2,425,0003. 26 Yarravale Road, Kew $2,300,0004. 11 Young Street, Brighton $2,165,0005. 20 & 22 Elgin Avenue, Armadale $2,121,000

TOP 5 BARGAIN HOUSES
1. 24 Manning Avenue, Kurunjang $235,000
2. 24 Cambridge Crescent, Werribee $246,000
3. 10 Hadley Lane, Craigieburn $255,000
4. 43 Leonid Drive, Rockbank $270,000
5. 32 Lurline Street, Cranbourne $272,500

TOP 5 APARTMENTS
1. 1/47 O'Grady Street, Albert Park $2,470,000
2. 2/47 O'Grady Street, Albert Park $2,440,000
3. 1/31 Monomeath Avenue, Canterbury $1,761,000
4. 19 Barrow Place, Burnley $1,750,000
5. 52A Denman Avenue, Glen Iris $1,615,000

TOP 5 BARGAIN APARTMENTS
1. 15/1310 Sydney Road, Fawkner $246,000
2. 10/562 Pascoe Vale Road, Pascoe Vale $275,000
3. 15/441 Brunswick Road, Brunswick $295,000
4. 3/965 Pascoe Vale Road, Jacana $295,000
5. 2/65 Elizabeth Street, Richmond $300,000

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