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Auction Results

Saturday 25th October & Sunday 26th October 2014

House with auction sign

A clearance rate of 71 per cent was recorded this weekend compared to 72 per cent last weekend and 73 per cent this weekend last year.

There were 1682 auctions reported to the REIV this weekend, with 1197 selling and 485 being passed in, 228 of those on a vendor bid.

The REIV collected 98% of auction results last weekend with a total of 1748 results including 33 postponed and 33 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 969
SB Sold before Auction: 223
SA Sold after Auction: 5

Passed in: 485
Passed in on vendor's bid: 228

Clearance rate: 71%

TOTAL AUCTIONS
This week: 1682
This weekend last month: 59
This weekend last year: 1464

CLEARANCE RATES:
Weekend: 71%
This weekend last month: N/A
This weekend last year: 73%

Postponed: 33
Withdrawn: 33
Auctions with no result: 37

PS Private Sales: 438

Total Volume (Auctions): $1033.81mil
Total Volume (Private Sales): $240.38mil

Total Auctions Houses: 1144
Clearance Rate: 74%
Median Price: $870,000
Total Value: $823,779,050

Total Auctions Flats/Apartments: 512
Clearance Rate: 67%
Median Price: $566,000
Total Value: $203,972,938

Total Auctions Vacant Land: 26
Clearance Rate: 54%
Median Price: $306,500
Total Value: $6,062,000

TOP 5 HOUSES
1. 24 Normanby Street, Brighton $4,350,000
2. 19 Victoria Avenue, Canterbury $4,000,000
3. 45 The Strand, Williamstown $3,876,000
4. 356 Beaconsfield Parade, St Kilda West $3,200,000
5. 26 Love Street, Black Rock $3,100,000

TOP 5 BARGAIN HOUSES
1. 5 Marion Walk, Hoppers Crossing $255,000
2. 8 Washington Street, Dallas $258,000
3. 3 Gloucester Way, Melton West $265,000
4. 6 Shorthorn Walk, Narre Warren South $280,000
5. 158 Derrimut Road, Hoppers Crossing $281,000

TOP 5 APARTMENTS
1. 2/18 Grange Road, Toorak $3,170,000
2. 6/112 Walsh Street, South Yarra $1,730,000
3. 13B Lambeth Avenue, Armadale $1,600,000
4. 2A Don Court, Caulfield South $1,540,000
5. 1/36 Yeovil Road, Glen Iris $1,500,000

TOP 5 BARGAIN APARTMENTS
1. 4/51 Spring Street, Thomastown $226,000
2. 10/84 Latrobe Street, Mentone $234,500
3. 3/14 William Street, Mccrae $250,000
4. 5/185 Buckley Street, Essendon $260,000
5. 4/657 Barkly Street, West Footscray $260,000

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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