Still sitting in the 70s: Melbourne's auction clearance rate: REIV

Still sitting in the 70s: Melbourne's auction clearance rate: REIV
Still sitting in the 70s: Melbourne's auction clearance rate: REIV

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11 Withdrawn
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

Tags: 
Auctions Melbourne

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