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Auction Results

Saturday 16th May & Sunday 17th May 2015

House with auction sign

A clearance rate of 77 per cent was recorded this week compared to 80 per cent last weekend and 70 per cent this weekend last year.

There were 893 auctions reported to the REIV, with 684 selling and 209 being passed in, 88 of those on a vendor bid.

The REIV collected 96% of auction with a total of 915 results including 11 postponed and 11 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 568
SB Sold before Auction: 114
SA Sold after Auction: 2

Passed in: 209
Passed in on vendor's bid: 88

Clearance rate: 77%

TOTAL AUCTIONS
This week: 893
This weekend last month: 1196
This weekend last year: 961

CLEARANCE RATES:
Weekend: 77%
This weekend last month: 78%
This weekend last year: 70%

Postponed: 11
Withdrawn: 11
Auctions with no result: 37

PS Private Sales: 425

Total Volume (Auctions): $622.61mil
Total Volume (Private Sales): $234.86mil

Total Auctions Houses: 582
Clearance Rate: 80%
Median Price: $912,000
Total Value: $489,895,150

Total Auctions Flats/Apartments: 295
Clearance Rate: 70%
Median Price: $635,000
Total Value: $127,857,500

Total Auctions Vacant Land: 16
Clearance Rate: 75%
Median Price: $590,000
Total Value: $4,858,000

TOP 5 HOUSES
1. 60 Buckingham Drive, Heidelberg $5,200,000
2. 5 German Court, Thomastown $4,800,000
3. 43 Orchard Crescent, Mont Albert North $3,570,000
4. 25 Rushall Crescent, Fitzroy North $3,400,000
5. 1A Woorigoleen Road, Toorak $3,400,000

TOP 5 BARGAIN HOUSES
1. 125 Powell Drive, Hoppers Crossing $277,000
2. 25 The Garlands, Craigieburn $290,000
3. 38 Village Avenue, Taylors Lakes $310,000
4. 39 Rokeby Crescent, Craigieburn $325,000
5. 7 Lombardy Avenue, Dromana $330,000

TOP 5 APARTMENTS
1. 5 Olinda Avenue, Beaumaris $2,200,000
2. 3/37 Hartington Street, Kew $1,805,000
3. 3A Hillside Parade, Glen Iris $1,632,000
4. 5/16-18 Bona Vista Avenue, Surrey Hills $1,405,000
5. 6/103 Lucerne Crescent, Alphington $1,390,000

TOP 5 BARGAIN APARTMENTS
1. 9/6 Garnet Street, Brunswick $225,000
2. 7/723 Princes Highway, Springvale $225,000
3. 2/18A Bloomfield Road, Ascot Vale $254,250
4. 1/7 Gascoyne Way, Truganina $295,000
5. 2/465 Princes Highway, Noble Park $300,000

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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