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Auction Results

Saturday 22nd & Sunday 23rd November 2014

House with auction sign

A clearance rate of 65 per cent was recorded this weekend compared to 66 per cent last weekend and 65 per cent this weekend last year.

There were 1230 auctions reported to the REIV, with 805 selling and 425 being passed in, 232 of those on a vendor bid.
 
The REIV collected 97% of auction results last weekend with a total of 1296 results including 36 postponed and 30 withdrawn.

Enzo Raimondo
CEO REIV


S Sold at Auction: 655
SB Sold before Auction: 149
SA Sold after Auction: 1

Passed in: 425
Passed in on vendor's bid: 232

Clearance rate: 65%

TOTAL AUCTIONS
This week: 1230
This weekend last month: 1682
This weekend last year: 11038

CLEARANCE RATES:
Weekend: 65%
This weekend last month: 71%
This weekend last year: 65%

Postponed: 36
Withdrawn: 30
Auctions with no result: 39 

PS Private Sales: 474

Total Volume (Auctions): $653.45mil
Total Volume (Private Sales): $262.04mil

Total Auctions Houses: 832
Clearance Rate: 69%
Median Price: $807,500
Total Value: $519,260,500

Total Auctions Flats/Apartments: 374
Clearance Rate: 58%
Median Price: $637,500
Total Value: $130,539,201

Total Auctions Vacant Land: 23
Clearance Rate: 52%
Median Price: $250,000
Total Value: $3,646,500

TOP 5 HOUSES
1. 33 Hawthorn Grove, Hawthorn $6,125,000
2. 13 Kintore Street, Camberwell $4,680,000
3. 24 Walmer Street, Kew $3,920,000
4. 23 Wills Street, Kew $3,550,000
5. 26 Walsh Street, Deepdene $3,205,000

TOP 5 BARGAIN HOUSES
1. 27 Moreton Street, Frankston North $190,000
2. 12 Haven Court, Westmeadows $317,000
3. 22 Dunkinson Street, Narre Warren $317,000
4. 13 Branson Street, Rosebud $343,000
5. 29 Larkspur Drive, St Albans $360,500

TOP 5 APARTMENTS
1. 14A Plant Street, Malvern $1,648,000
2. 1/14 Bamfield Street, Sandringham $1,370,000
3. 54/400 Victoria Parade, East Melbourne $1,310,000
4. 47A Edgar Street, Glen Iris $1,240,000
5. 2/53 First Street, Black Rock $1,210,000

TOP 5 BARGAIN APARTMENTS
1. 7/9 Ostia Court, Thomastown $250,000
2. 19/2 Jessamine Avenue, Prahran $275,000
3. 6/36 May Street, Preston $287,000
4. 3/56 Golflinks Road, Glenroy $302,000
5. 2/108 Cross Street, West Footscray $305,500

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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