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Auction Results

Saturday 26th July 2014

House with auction sign

A clearance rate of 73 per cent was recorded this weekend compared to 70 per cent last weekend and 69 per cent this weekend last year.

There were 578 auctions reported to the REIV today, with 421 selling and 157 being passed in, 71 of those on a vendor bid.

After this week’s auctions, there is expected to be more than 2,200 auctions held in July. This is about 17 per cent higher than this month last year and is also higher than the 10-year average of 2,013 auctions.

Enzo Raimondo
CEO REIV


SALES RESULTS
Monday, July 21 2014 to Saturday, July 26 2014

"Results are compiled by THE REAL ESTATE INSTITUTE OF VICTORIA. Agents should supply auction and private sale data to phone: 1300 858 788 or e-mail: salesresults@reiv.com.au" The results do not necessarily include all auctions held yesterday or all private sales collected during the week. Contact the agents concerned for further information.

RESIDENTIAL

S Sold at Auction: 353
SB Sold before Auction: 68
SA Sold after Auction: 0

Passed in: 157
Passed in on vendor's bid: 71

Clearance rate: 73%

TOTAL AUCTIONS
This week: 578
Last Weekend: 583
This time last year: 551
Postponed: 13
Withdrawn: 10
Auctions with no result: 0

PS Private Sales: 428

Total Volume (Auctions): $297.36mil
Total Volume (Private Sales): $214.92mil

Total Auctions Houses: 351
Clearance Rate: 75%
Median Price: $750,000
Total Value: $208,322,738

Total Auctions Flats/Apartments: 221
Clearance Rate: 71%
Median Price: $550,000
Total Value: $87,236,880

Total Auctions Vacant Land: 5
Clearance Rate: 40%
Median Price: $902,500
Total Value: $1,805,000

TOP 5 HOUSES
1. 8 Allee Street, Brighton $3,000,000
2. 28 Sevenoaks Street, Balwyn $2,610,000
3. 4 Roslyn Street, Brighton $2,475,000
4. 106 Park Street, Moonee Ponds $1,790,000
5. 5 Amelia Street, Mckinnon $1,725,000
TOP 5 BARGAIN HOUSES
1. 44 Ribblesdale Avenue, Wyndham Vale $255,000
2. 6 Tarata Drive, Doveton $262,000
3. 17 Cleveland Street, Thomastown $265,000
4. 33 Angelique Grove, Albanvale $280,000
5. 33 Old Belgrave Road, Upper Ferntree Gully $336,000

TOP 5 APARTMENTS
1. 274B Mckean Street, Fitzroy North $1,670,000
2. 12A Malcolm Street, Mckinnon $1,386,000
3. 605/416 Gore Street, Fitzroy $1,028,000
4. 5/284 Dorcas Street, South Melbourne $997,500
5. 1/66 Walsh Street, South Yarra $960,000
TOP 5 BARGAIN APARTMENTS
1. 1/21 Hampton Parade, West Footscray $200,000
2. 7/14-16 South Circular Road, Gladstone Park $210,000
3. 5/68 Woornack Road, Carnegie $225,000
4. 10/77 Chapman Avenue, Glenroy $260,000
5. 3/12 Young Street, Epping $266,500

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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