Auction Results

Auction Summary (Victoria) - Week ending Saturday 25 Jun 2016

767

Auctions Held

70%

Clearance Rate


This Time Last Year

838

Auctions this weekend last year

79%

Clearance rate this weekend last year


Market Wrap

A clearance rate of 70 per cent was recorded this weekend compared to 71 per cent last weekend and 79 per cent this weekend last year. There were 767 auctions reported to the REIV, with 538 selling and 229 being passed in, 82 of those on a vendor bid. Auction volumes have increased significantly in the past fortnight – up about 150 on late June last year. Next weekend will see fewer auctions as attention moves to the Federal Election.

The results were last updated : 25/06/2016 06:13:00 PM


The Detail

458
Sold at Auction
80
Sold before Auction
229
Passed In
18
Withdrawn
0
Sold after auction
82
Passed in on Vendor bid
14
Postponed

Sales Highlights

Top House Sales

Location Price
30 Smith Rd CAMBERWELL $2,800,000
7 Lambeth Av ARMADALE $2,760,000
7 Hunt St BALWYN NORTH $2,690,000
545 Whitehorse Rd SURREY HILLS $2,450,000
50 Lewisham Rd WINDSOR $2,368,000

Top Apartment Sales

Location Price
3/34 Faversham Rd CANTERBURY $1,843,000
24A Atkinson St BENTLEIGH $1,486,000
1/2 Kitchener St KEW EAST $1,260,000
26 Serpentine St MONT ALBERT $1,200,000
5/254 Booran Rd ORMOND $1,197,000

Bargain House Sales

Location Price
20 Kernot St EAST GEELONG $270,500
40 O'Neil Av HOPPERS CROSSING $300,000
11 Hibiscus Cl MEADOW HEIGHTS $355,500
46 Lindrum Rd FRANKSTON $365,000
1 Redan Ct WESTMEADOWS $369,000

Bargain Apartment Sales

Location Price
7/40-42 Hemmings St DANDENONG $168,000
5/16 Belsay Pl CRAIGIEBURN $274,000
6/51 Boonong Av SEAFORD $280,000
3/16 Belsay Pl CRAIGIEBURN $290,000
2/190 Murrumbeena Rd MURRUMBEENA $291,000

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