Auction Results

Auction Summary (Victoria) - Week ending Sunday 25 Sep 2016

831

Auctions Held

81%

Clearance Rate


This Time Last Year

1139

Auctions held last year

73%

Clearance rate last year


Market Wrap

A clearance rate of 81 per cent was recorded this week compared to 78 per cent last week and 73 per cent this week last year. There were 831 auctions reported to the REIV, with 674 selling and 157 being passed in, 63 of those on a vendor bid. The number of auctions will moderate next week, due to the AFL Grand Final, before gearing up again with back-to-back Super Saturdays.

The results were last updated : 26/09/2016 11:13:00 AM


The Detail

565
Sold at Auction
108
Sold before Auction
1
Sold after auction
157
Passed In
63
Passed in on Vendor bid
12
Withdrawn
14
Postponed
153
No result
83%
Clearance Rate(Houses)
78%
Clearance Rate (Units/Apts)
548
Total Auction Volume ($M)

Private Sales

306
Private Sales
212
Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

Location Price
107 Mont Albert Rd CANTERBURY $4,000,000
15 Howitt St GLEN IRIS $3,010,000
29 Davis Av SOUTH YARRA $2,682,000
51 Princess St KEW $2,460,000
27 Metung St BALWYN $2,410,000

Top Apartment Sales

Location Price
9A Arden Ct KEW EAST $1,963,000
16B Regent St BRIGHTON EAST $1,511,000
1302/454 St Kilda Rd MELBOURNE $1,505,000
25/11-21 Marne St SOUTH YARRA $1,280,000
702/127 Beach St PORT MELBOURNE $1,252,000

Bargain House Sales

Location Price
68 Vermont Av CORIO $228,000
67 Thorburn St BELL PARK $272,500
4 Melia St DOVETON $315,000
76 Hilton Way MELTON WEST $332,000
1/22 Thomas St ST ALBANS $335,000

Bargain Apartment Sales

Location Price
1/164 Leamington St RESERVOIR $216,000
2/164 Leamington St RESERVOIR $220,000
16/217-219 Watton St WERRIBEE $290,000
7A Huntington Dr CRAIGIEBURN $310,000
16/20 Talmage St ALBION $319,000

We hope you like the new look of our weekly auction results.

Your valuable feedback is welcome at research@reiv.com.au.

 

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