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Auction Results

Saturday 4th July 2015

House with auction sign

A clearance rate of 76 per cent was recorded this weekend compared to 79 per cent last weekend and 71 per cent this weekend last year.
There were 479 auctions reported to the REIV today, with 366 selling and 113 being passed in, 48 of those on a vendor bid.

There were around 2,300 auction sales in June 2015 compared to 2,100 over the same period last year.
The suburbs with the highest number of auction sales for the month were Balwyn North (39 sales), Reservoir (38 sales) and Glen Waverley (37 sales).

Enzo Raimondo
CEO REIV


S Sold at Auction: 290
SB Sold before Auction: 75
SA Sold after Auction: 1

Passed in: 113
Passed in on vendor's bid: 48

Clearance rate: 76%

TOTAL AUCTIONS
This week: 479
Last weekend:864
This time last year: 469

Postponed: 12
Withdrawn: 7
Auctions with no result: 82

PS Private Sales: 441

Total Volume (Auctions): $279.6mil
Total Volume (Private Sales): $251.57mil

Total Auctions Houses: 298
Clearance Rate: 81%
Median Price: $728,500
Total Value: $199,664,249

Total Auctions Flats/Apartments: 177
Clearance Rate: 69%
Median Price: $618,500
Total Value: $79,584,350

Total Auctions Vacant Land: 4
Clearance Rate: 50%
Median Price: $175,500
Total Value: $351,000


TOP 5 HOUSES
1. 675 Moorooduc Highway, Moorooduc $3,352,000
2. 17 Elmhurst Road, Blackburn $3,010,000
3. 10 Landen Avenue, Balwyn North $2,688,888
4. 9 Malua Street, Ormond $2,618,500
5. 42 Bell Street, Fitzroy $2,385,000
TOP 5 BARGAIN HOUSES
1. 10 Plantation Avenue, Frankston North $270,000
2. 4/41 Leonard Avenue, Noble Park $281,000
3. 2 Benalla Street, Dallas $317,000
4. 32 Warringa Crescent, Hoppers Crossing $350,000
5. 25 Billingham Road, Deer Park $363,500


TOP 5 APARTMENTS
1. 302/2 Pier Street, Port Melbourne $2,525,000
2. 3/15 Parring Road, Balwyn $1,410,000
3. 9B Hillside Avenue, Bentleigh $1,320,000
4. 14 Davies Street, Port Melbourne $1,250,000
5. 19A Clements Street, Bentleigh East $1,200,000
TOP 5 BARGAIN APARTMENTS
1. 1/62 Victoria Street, Hastings $281,000
2. 6/55 Wellington Street, Flemington $320,000
3. 6/47 Rathcown Road, Reservoir $343,000
4. 1/29 Gladstone Parade, Glenroy $350,000
5. 19/48 Passfield Street, Brunswick West $350,000

 

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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