Melbourne clearance rates bettering August 2015: REIV
Melbourne secured a 79% weekend clearance rate compared to 77% last weekend and 72% this weekend last year.
There were 872 auctions reported to the REIV on the second weekend of August.
There were about 2,700 auctions in the month of July, with 77% selling.
"This is up 14% from the same time last year, with auction sales also notably higher (up 22%) in comparison to July 2014," REIV's Enzo Raimondo noted.
The top sale was a three house offering in Kew through Jellis Craig.
TOP 5 HOUSES
1. 41 Atkins Street, Kew $4,325,000
2. 26 Maleela Avenue, Balwyn $4,040,000
3. 2-4 Delmore Crescent, Glen Waverley $3,458,000
4. 93 Wattletree Road, Armadale $3,000,000
5. 9 Renwick Street, GLEN IRIS $2,875,000
TOP 5 BARGAIN HOUSES
1. 11 Drouin Street, Dallas $260,000
2. 64 Barries Road, Melton $285,000
3. 25 Wattleglen Street, Craigieburn $305,000
4. 11 Matthews Court, Pakenham $311,000
5. 2 Charlton Street, Broadmeadows $321,000
TOP 5 APARTMENTS
1. 98 Orlando Street, Hampton $2,850,000
2. 100 Orlando Street, Hampton $2,590,000
3. 48/350 Beaconsfield Parade, St Kilda $2,020,000
4. 3/31B Nepean Highway, ASPENDALE $1,650,000
5. 1/58 Grange Road, SANDRINGHAM $1,282,000
TOP 5 BARGAIN APARTMENTS
1. C16/1-5 Grantham Street, Brunswick West $165,000
2. 2/6-7 Coventry Place, Melton $197,000
3. 16/16 Eastcote Street, Sunshine North $265,000
4. 3/5 Empire Street, Footscray $270,000
5. 29/34-42 Hanna Street, Noble Park $291,000
Source REIV