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Auction Results

Saturday 21st March & Sunday 22nd March 2015

House with auction sign

A clearance rate of 76 per cent was recorded compared to 77 per cent last weekend and 72 per cent this weekend last year.

There were 1205 auctions reported to the REIV, with 912 selling and 293 being passed in, 128 of those on a vendor bid.

The REIV collected 98% of auction results last weekend with a total of 1247 results including 18 postponed and 24 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 753
SB Sold before Auction: 150
SA Sold after Auction: 9

Passed in: 293
Passed in on vendor's bid: 128

Clearance rate: 76%

TOTAL AUCTIONS
This week: 1205
This weekend last month: 973
This weekend last year: 1022

CLEARANCE RATES:
Weekend: 76%
This weekend last month: 75%
This weekend last year: 72%

Postponed: 18
Withdrawn: 24
Auctions with no result: 19

PS Private Sales: 436

Total Volume (Auctions): $854.08mil
Total Volume (Private Sales): $240.06mil

Total Auctions Houses: 794
Clearance Rate: 79%
Median Price: $940,000
Total Value: $680,895,887

Total Auctions Flats/Apartments: 381
Clearance Rate: 71%
Median Price: $595,000
Total Value: $164,516,590

Total Auctions Vacant Land: 28
Clearance Rate: 43%
Median Price: $450,000
Total Value: $8,665,000

TOP 5 HOUSES
1. 353 Richardson Street, Middle Park $4,750,000
2. 679 Orrong Road, Toorak $4,680,000
3. 208 Beaconsfield Parade, Middle Park $4,510,000
4. 3 St James Mews, Brighton $3,550,000
5. 17 Evans Road, Kew $3,500,000

TOP 5 BARGAIN HOUSES
1. 18 Ardent Court, Hastings $197,500
2. 57 Guinane Avenue, Hoppers Crossing $285,500
3. 4 Light Court, Sunbury $315,000
4. 7 Thredbo Court, Epping $320,000
5. 88 Creedmore Drive, Rye $322,500

TOP 5 APARTMENTS
1. 27 Oak Grove, Brighton $2,397,000
2. 1/36 Dean Street, Kew $1,951,000
3. 40A Cochrane Street, Brighton $1,605,000
4. 3/103 Lucerne Crescent, Alphington $1,400,000
5. 4/103 Lucerne Crescent, Alphington $1,400,000

TOP 5 BARGAIN APARTMENTS
1. 5/1-3 Braemer Street, Seaford $215,500
2. 10/29 Raleigh Street, Essendon $260,000
3. 4/7 Stewart Street, Thomastown $265,000
4. 2/2 Martin Street, Rosebud $272,400
5. 7/9 Poplar Grove, Carnegie $275,000

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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