Auction Results

Auction Summary (Victoria) - Week ending Sunday 28 Aug 2016

840

Auctions Held

79%

Clearance Rate


This Time Last Year

1065

Auctions held last year

77%

Clearance rate last year


Market Wrap

A clearance rate of 79 per cent was recorded this weekend compared to 74 per cent last weekend and 77 per cent this weekend last year. There were 840 auctions reported to the REIV, with 666 selling and 174 being passed in, 85 of those on a vendor bid. Brighton and Malvern East are performing strongly at present - both suburbs have a 91 per cent clearance rate from 19 sales in August.

The results were last updated : 29/08/2016 01:40:00 PM


The Detail

562
Sold at Auction
104
Sold before Auction
0
Sold after auction
174
Passed In
84
Passed in on Vendor bid
11
Withdrawn
14
Postponed
120
No result
82%
Clearance Rate(Houses)
71%
Clearance Rate (Units/Apts)
639
Total Auction Volume ($M)

Private Sales

309
Private Sales
202
Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

Location Price
5 Northbrook Av MALVERN $4,940,000
62 Tivoli Rd SOUTH YARRA $3,800,000
357 Beach Rd BLACK ROCK $3,700,000
16 Cole Ct TOORAK $3,270,000
17 Morang Rd HAWTHORN $3,120,000

Top Apartment Sales

Location Price
14B Plummer Rd MENTONE $1,620,000
65A Bluff Rd BLACK ROCK $1,520,000
10A Landcox St BRIGHTON EAST $1,510,000
124B Tramway Pde BEAUMARIS $1,480,000
34B Daley St BENTLEIGH $1,450,000

Bargain House Sales

Location Price
103 Plantation Rd CORIO $202,000
6 Dundas St HERNE HILL $257,000
52 Manson Dr MELTON SOUTH $270,000
15 Bellinger Cr WYNDHAM VALE $317,000
1 Devenish Ct WESTMEADOWS $335,000

Bargain Apartment Sales

Location Price
3/106 Ascot Vale Rd FLEMINGTON $240,000
49/6 Williams Rd PRAHRAN $240,000
10/23 Baxter St COBURG $241,000
2/21 French St THOMASTOWN $245,000
4/305 Cumberland Rd PASCOE VALE $248,500

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