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Auction Results

Saturday 23rd & Sunday 24th August 2014

House with auction sign

A clearance rate of 70 per cent was recorded this weekend compared to 73 per cent last weekend and 79 per cent this weekend last year.

There were 675 auctions reported to the REIV this weekend, with 473 properties selling and 202 being passed in, 90 of those on a vendor bid.

The REIV collected 96% of auction results last weekend with a total of 705 results including 12 postponed and 18 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 375
SB Sold before Auction: 95
SA Sold after Auction: 3

Passed in: 202
Passed in on vendor's bid: 90

Clearance rate: 70%

TOTAL AUCTIONS
This week: 675
This weekend last month: 684
This weekend last year: 643

CLEARANCE RATES:
Weekend: 70%
This weekend last month: 70%
This weekend last year: 79%

Postponed: 12
Withdrawn: 18
Auctions with no result: 26

PS Private Sales: 339

Total Volume (Auctions): $380.76mil
Total Volume (Private Sales): $190.69mil

Total Auctions Houses: 421
Clearance Rate: 72%
Median Price: $778,000
Total Value: $269,526,300

Total Auctions Flats/Apartments: 241
Clearance Rate: 66%
Median Price: $628,000
Total Value: $106,830,486

Total Auctions Vacant Land: 12
Clearance Rate: 83%
Median Price: $326,000
Total Value: $4,404,500

TOP 5 HOUSES
1. 589 Riversdale Road, Camberwell $3,280,000
2. 173 Nelson Road, South Melbourne $3,250,000
3. 9-11 Bruce Street, Box Hill $3,000,000
4. 5 St. Kilian Street, Hampton $2,620,000
5. 59 Medina Road, Glen Waverley $2,580,000

TOP 5 BARGAIN HOUSES
1. 9 Hawthorn Road, Doveton $297,000
2. 38 Wakenshaw Crescent, Pakenham $300,000
3. 2 Saratoga Walk, Epping $315,000
4. 14 Hughes Crescent, Dandenong North $326,000
5. 40 Dunsterville Crescent, Frankston $362,500

TOP 5 APARTMENTS
1. 1/13A Dendy Street, Brighton $2,230,000
2. 1 Sylvia Crescent, Black Rock $1,685,000
3. 169 Beach Road, Sandringham $1,652,500
4. 2/14 Martin Court, Toorak $1,651,000
5. 84 Yarra Boulevard, Richmond $1,510,000

TOP 5 BARGAIN APARTMENTS
1. 1/68 Woornack Road, Carnegie $230,000
2. 4/87A Clyde Street, Thornbury $258,000
3. 5/10 Macpherson Street, Dandenong $277,000
4. 2/54 Balston Street, Balaclava $306,000
5. 7/7 Waltham Street, Flemington $320,000

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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