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Auction Results

Saturday 19th July & Sunday 20th July 2014

House with auction sign

A clearance rate of 73 per cent was recorded this weekend compared to 69 per cent last weekend and 68 per cent this weekend last year.

There were 487 auctions reported to the REIV this weekend, with 356 selling and 131 being passed in, 66 of those on a vendor bid.

Some of the top price growth suburbs over the latest June quarter also experienced improvements in their auction sales. Suburbs such as Sunshine, Langwarrin, Mitcham, Malvern East, and Prahran recorded strong price growth as well as above-average clearance rates.

Enzo Raimondo
CEO REIV


S Sold at Auction: 279
SB Sold before Auction: 76
SA Sold after Auction: 1

Passed in: 131
Passed in on vendor's bid: 66

Clearance rate: 73%

TOTAL AUCTIONS
This week: 487
Yesterday: 6
Last Sunday: 1
This weekend last month: 919
This weekend last year: 461

CLEARANCE RATES:
Weekend: 73%
Yesterday: 33%
Last Sunday: 100%
This weekend last month: 70%
This weekend last year: 68%

Postponed: 16
Withdrawn: 7
Auctions with no result: 100

PS Private Sales: 303

Total Volume (Auctions): $251.79mil
Total Volume (Private Sales): $164.2mil

Total Auctions Houses: 313
Clearance Rate: 73%
Median Price: $741,100
Total Value: $178,268,000

Total Auctions Flats/Apartments: 163
Clearance Rate: 72%
Median Price: $550,500
Total Value: $68,809,000

Total Auctions Vacant Land: 10
Clearance Rate: 80%
Median Price: $357,000
Total Value: $3,109,000

TOP 5 HOUSES
1. 30 Dawson Avenue, Brighton $4,680,000
2. 46 Ruby Street, Burwood East $2,380,000
3. 1 Flinders Avenue, Canterbury $1,897,000
4. 6 Survey Street, Richmond $1,766,000
5. 18 Bennett Street, Balwyn $1,750,000
TOP 5 BARGAIN HOUSES
1. 14 Yarck Court, Westmeadows $290,000
2. 10 Whitley Crescent, Craigieburn $297,000
3. 15 Dalwhinnie Crescent, Craigieburn $327,000
4. 50 Thoresby Circuit, Craigieburn $330,000
5. 28 Dorchester Street, Craigieburn $330,000

TOP 5 APARTMENTS
1. 11/55-59 Moor Street, Fitzroy $1,410,000
2. 24/15 Beach Street, Port Melbourne $1,400,000
3. 3/31 Kennealy Street, Surrey Hills $1,200,000
4. 112/18 Tanner Street, Richmond $1,200,000
5. 13B Elizabeth Street, Bentleigh East $1,117,500
TOP 5 BARGAIN APARTMENTS
1. 7/23 Ashley Street, Reservoir $265,000
2. 2/2-8 Knight Crescent, Roxburgh Park $280,000
3. 2/81 Cyprus Street, Lalor $302,000
4. 5/128 Inkerman Street, St Kilda $307,000
5. 1/37 Bignell Street, Flemington $307,500

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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