Templestowe tops Melbourne's weekend auctions

Templestowe tops Melbourne's weekend auctions
Templestowe tops Melbourne's weekend auctions

Melbourne had a clearance rate of 71% on the weekend compared to 64% last weekend.

It was 68% this time last year.

There were 1209 auctions reported to the REIV. 

The top sale was a five-bedroom, four-bathroom trophy home at 28 Serpells Road, Templestowe, which sold for $4.86 million, around $500,000 over reserve. 

The block cost $2.1 million in 2001.

A record $27 billion worth of residential property has been sold by auction in Victoria, so far this year - up 27% ($6 billion) on last year.

TOP 5 HOUSES

1. 28 Serpells Road, Templestowe $4,868,000

2. 16 Hall Street, Brighton, $3,175,000

3. 2 Hoyt Street, Hampton $3,100,000

4. 5 Fairfield Avenue, Camberwell $2,840,000

5. 973-975 Rathdowne Street, Carlton North $2,800,000

TOP 5 BARGAIN HOUSES

1. 5 Blackwood Drive, Melton South $216,000

2. 8 Regency Place, Melton West $256,000

3. 59 Westcott Parade, Rockbank $260,000

4. 48 Mitford Crescent, Craigieburn $260,000

5. 22 Cyan Crescent, Officer $265,000

 

TOP 5 APARTMENTS

1. 32/125 Ormond Road, Elwood $2,320,000

2. 3/21 Grange Road, Sandringham $1,920,000

3. 2/11 Bevis Street, Bentleigh East $1,622,000

4. 1A Stewart Place, Richmond $1,575,000

5. 101 Eglinton Street, Kew $1,561,000

 

TOP 5 BARGAIN APARTMENTS

1. 2/14A Myrtle Grove, Preston $270,000

2. 62B Herman Road, Lalor $290,000

3. 15/2 Mckay Street, Coburg $290,000

4. 2/1 First Street, Parkdale $300,000

5. 1/432 Dorset Road, Boronia $300,000

Source REIV

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Property News Residential Sales

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