Successful Malvern auction listings catching the most clicks
Melbourne notched up a clearance rate of 79% compared to 77% last weekend and 73% this weekend last year.
There were 763 auctions reported to the REIV on the weekend.
Auction sales have continued to track higher with around 14,000 sales so far this year, the highest on record, Enzo Raimondo the REIV chief said.
"The outer Melbourne region experienced the strongest auction sales growth in the year date, up 20 per cent from the same time last year," Enzo Raimondo advised.
The top sale was a Malvern development site after eight bidders gathered in the backyard of the five-bedroom early-1900's Edwardian home on Friday afternoon.
It sold at $4.78 million after being advertised as "an exceptional opportunity to potentially develop as a luxury apartment complex."
It had high ceilings, Baltic pine floors and stained glass windows. The 1,045 sqm site was near Spring Road.
TOP 5 HOUSES
1. 1269 High Street, Malvern $4,780,000 (pictured above)
2. 20 Studley Avenue, Kew $4,580,000
3. 27 & 29 Clyde Street, Box Hill North $3,565,000
4. 1A Monomeath Avenue, Canterbury $3,500,000
Malvern listings have been attracting very active attention on the realestateview.com.au website in the latter stages of autumn and early winter.
Analysis showed the top two most clicked sold listings on the website were in the inner eastern precinct, of varied price.
The list (below) coincided with a marketing campaign (below) by the website to promote its listing successes.
1) 29 Hughes Street, MALVERN EAST, VIC, 3145 Sold for $2,310,000 (pictured above)
A classic Californian-style four bedroom family home that blends the best of indoor and outdoor living. Complete with Blackbutt floorboards, wine cellar and large well-equipped kitchen, this trophy home features a full tiled solar heated pool as centrepiece.
2) The Avenue , MALVERN EAST, VIC, 3145, Sold for $825,000
Classic charm abounds in this renovated Art Deco home with raised ceilings, contemporary exposed joinery and immaculate finishings. Close to all amenities including schools, trams, cafes and parkland.
3) 51/1 Wellington Crescent, EAST MELBOURNE, VIC, 3002, Price undisclosed
This two level penthouse is located in the Wellington Gardens complex and includes a third level entry, vast living areas and a leafy outlook. The complex itself features recreation and health facilities and secure entry.
