Still sitting in the 70s: Melbourne's auction clearance rate: REIV
Staff ReporterDecember 7, 2020
A clearance rate of 74 percent was recorded this weekend compared to 76 percent last weekend and 70 percent this weekend last year, according to the REIV.
There were 1018 auctions reported to the REIV, with 754 selling and 264 being passed in, 138 of those on a vendor bid.
The overall clearance rate in the year to date for 2016 is 75 percent, up one per cent on the same period in 2015.
598 Sold at Auction
155 Sold before Auction
264 Passed In
11 Withdrawn
1 Sold after auction
138 Passed in on Vendor bid
10 Postponed
Top House Sales
| Location | Price |
|---|---|
| 4 Kerferd St Malvern East | $4,680,000 |
| 91 Woodland St ESSENDON | $3,400,000 |
| 80 Wellington St ST KILDA | $3,300,000 |
| 166 Finch St Glen Iris | $3,266,000 |
| 27 Union St ARMADALE | $3,110,000 |
Top Apartment Sales
| Location | Price |
|---|---|
| 20 Silver St MALVERN | $1,950,000 |
| 40A Ebden Av BLACK ROCK | $1,912,500 |
| 4/43 Faversham Rd CANTERBURY | $1,825,000 |
| 107/107 Beach St PORT Melbourne | $1,350,000 |
| 2/3 Bellett St Camberwell | $1,350,000 |
Bargain House Sales
| Location | Price |
|---|---|
| 29 Spruhan Av NORLANE | $245,000 |
| 21 Oxley St SUNBURY | $292,500 |
| 1 Howqua Ct EPPING | $319,000 |
| 29 Mulberry Pass CRAIGIEBURN | $330,000 |
| 28 Cassinia Cl DELAHEY | $350,500 |
Bargain Apartment Sales
| Location | Price |
|---|---|
| 11/25-27 Newton Cr LALOR | $256,000 |
| 30/23-25 Robe St St Kilda | $277,000 |
| 6/8 Anzac St CARNEGIE | $290,000 |
| 506/52 Park St South Melbourne | $300,000 |
| 2/405 Dandenong Rd ARMADALE | $300,000 |
Source REIV