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Auction Results

Saturday 30th August & Sunday 31st August 2014

House with auction sign

A clearance rate of 73 per cent was recorded this week compared to 70 per cent last weekend and 70 per cent this weekend last year.

There were 810 auctions reported to the REIV this week, with 592 properties selling and 218 being passed in, 87 of those on a vendor bid.

The REIV collected 99% of auction results last weekend with a total of 842 results including 13 postponed and 19 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 468
SB Sold before Auction: 122
SA Sold after Auction: 2

Passed in: 218
Passed in on vendor's bid: 87

Clearance rate: 73%

TOTAL AUCTIONS
This week: 810
This weekend last month: 684
This weekend last year: 722

CLEARANCE RATES:

Weekend: 73%
This weekend last month: 74%
This weekend last year: 70%

Postponed: 13
Withdrawn: 19
Auctions with no result: 11

PS Private Sales: 366

Total Volume (Auctions): $489.66mil
Total Volume (Private Sales): $190.84mil

Total Auctions Houses: 536
Clearance Rate: 76%
Median Price: $820,000
Total Value: $366,251,900

Total Auctions Flats/Apartments: 259
Clearance Rate: 69%
Median Price: $590,000
Total Value: $114,012,138

Total Auctions Vacant Land: 13
Clearance Rate: 38%
Median Price: $370,500
Total Value: $3,240,500

TOP 5 HOUSES
1. 43 Erin Street, Richmond $4,070,000
2. 1-3 Palm Grove, Deepdene $3,180,000
3. 6 Myamyn Street, Armadale $2,460,000
4. 22 Bright Street, Brighton East $2,401,000
5. 45 Myrtle Road, Hampton $2,160,000

TOP 5 BARGAIN HOUSES
1. 24 Woking Street, Craigieburn $255,000
2. 4 Anne Court, Cranbourne $267,500
3. 171 Dallas Drive, Dallas $280,000
4. 43 Tarata Drive, Doveton $285,000
5. 309 Elizabeth Drive, Sunbury $302,000

TOP 5 APARTMENTS
1. 6 St Vincent Place North, Albert Park $1,850,000
2. 907/115 Beach Street, Port Melbourne $1,625,000
3. 9 Belson Street, Malvern East $1,612,000
4. 18 Beacon Vista, Port Melbourne $1,570,000
5. 13 Blanche Street, Brighton East $1,435,000

TOP 5 BARGAIN APARTMENTS
1. 3/21 Empire Street, Footscray $260,000
2. 7/470 Punt Road, South Yarra $291,500
3. 4/355 Blackshaws Road, Altona North $292,500
4. 11/97-99 Raleigh Road, Maribyrnong $296,000
5. 10/23 Davison Street, Richmond $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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