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Auction Results

Saturday 22nd November 2014

House with auction sign

A clearance rate of 67 per cent was recorded this weekend compared to 66 per cent last weekend and 65 per cent this weekend last year.
There were 1057 auctions reported to the REIV today, with 708 selling and 349 being passed in, 192 of those on a vendor bid.

A total of around 35,000 auctions have been held so far this year. The next fortnight will see a buoyant market with about 3,100 auctions scheduled to be held between 29 November and 7 December.

Enzo Raimondo
CEO REIV

S Sold at Auction: 578
SB Sold before Auction: 129
SA Sold after Auction: 1

Passed in: 349
Passed in on vendor's bid: 192

Clearance rate: 67%

TOTAL AUCTIONS
This week: 1057
Last Weekend: 1346
This time last year: 1008


CLEARANCE RATES:
Weekend: 67%
This weekend last month: 71%
This weekend last year: 75%

Postponed: 25
Withdrawn: 19
Auctions with no result: 209 

PS Private Sales: 475

Total Volume (Auctions): $590.14mil
Total Volume (Private Sales): $264.24mil

Total Auctions Houses: 717
Clearance Rate: 71%
Median Price: $813,000
Total Value: $470,397,900

Total Auctions Flats/Apartments: 319
Clearance Rate: 59%
Median Price: $640,000
Total Value: $116,124,701

Total Auctions Vacant Land: 20
Clearance Rate: 55%
Median Price: $250,000
Total Value: $3,620,500

TOP 5 HOUSES
1. 33 Hawthorn Grove, Hawthorn $6,125,000
2. 13 Kintore Street, Camberwell $4,680,000
3. 24 Walmer Street, Kew $3,920,000
4. 23 Wills Street, Kew $3,550,000
5. 26 Walsh Street, Deepdene $3,205,000

TOP 5 BARGAIN HOUSES
1. 27 Moreton Street, Frankston North $190,000
2. 12 Haven Court, Westmeadows $317,000
3. 22 Dunkinson Street, Narre Warren $317,000
4. 13 Branson Street, Rosebud $343,000
5. 29 Larkspur Drive, St Albans $360,500

TOP 5 APARTMENTS
1. 14A Plant Street, Malvern $1,648,000
2. 1/14 Bamfield Street, Sandringham $1,370,000
3. 54/400 Victoria Parade, East Melbourne $1,310,000
4. 47A Edgar Street, Glen Iris $1,240,000
5. 2/53 First Street, Black Rock $1,210,000

TOP 5 BARGAIN APARTMENTS
1. 7/9 Ostia Court, Thomastown $250,000
2. 19/2 Jessamine Avenue, Prahran $275,000
3. 3/56 Golflinks Road, Glenroy $302,000
4. 2/108 Cross Street, West Footscray $305,500
5. 10/263 Lennox Street, Richmond $321,000

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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