Auction Results

Auction Summary (Victoria) - Week ending Saturday 24 Jun 2017

801

Auctions Held

72%

Clearance Rate


This Time Last Year

894

Auctions held last year

69%

Clearance rate last year


Market Wrap

A clearance rate of 72 per cent was recorded this week compared to 74 per cent last week and 69 per cent this week last year. There were 801 auctions reported to the REIV, with 578 selling and 223 being passed in, 103 of those on a vendor bid. Vendors in Melbourne’s inner north have experienced strong results under the hammer this month, with Coburg recording a 100 per cent clearance rate from 19 auctions.

The results were last updated : 24/06/2017 06:26:00 PM


The Detail

491
Sold at Auction
87
Sold before Auction
0
Sold after auction
223
Passed In
104
Passed in on Vendor bid
6
Withdrawn
15
Postponed
123
No result
72%
Clearance Rate(Houses)
71%
Clearance Rate (Units/Apts)
612
Total Auction Volume ($M)

Private Sales

238
Private Sales
162
Total Private Sale Volume ($M)

Sales Highlights

Top House Sales

Location Price
9 Knutsford St BALWYN $8,360,000
9 Alleyne Av ARMADALE $5,925,000
8 Vickery St MALVERN EAST $3,600,000
28 Anderson Rd HAWTHORN EAST $3,415,000
9 Highbury St BALWYN NORTH $3,262,500

Top Apartment Sales

Location Price
12A Threadneedle St BALWYN $1,770,000
1/64 Glen Iris Rd GLEN IRIS $1,610,000
1/2 Windermere Cr BRIGHTON $1,555,000
706/65 Beach St PORT MELBOURNE $1,550,000
1/30 Lisson Gr HAWTHORN $1,480,000

Bargain House Sales

Location Price
50 Kaniva St DALLAS $310,000
52-54 Sparks Rd NORLANE $330,000
15 Claremont Dr LEOPOLD $335,000
7 Portland Pl ROXBURGH PARK $350,000
5 Norma St MELTON $370,000

Bargain Apartment Sales

Location Price
6/78-80 Argyle St MOONEE PONDS $262,000
11/24 Healesville Loop CRAIGIEBURN $344,700
17/190 Murrumbeena Rd MURRUMBEENA $357,000
2/26 Messmate St LALOR $360,000
4/43 St Vigeons Rd RESERVOIR $365,000

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