Melbourne apartment sales down in August quarter: CoreLogic

Melbourne apartment sales down in August quarter: CoreLogic
Melbourne apartment sales down in August quarter: CoreLogic

2016 totalled $126.5 million, a decrease from the $178.9 million recorded to May 2016, and from the $314.9 million recorded to February 2016. 

The latest data brings the twelve-month sales total to $851.4 million, a decrease from the previous 12 months, which recorded sales of $1.355 billion.

The table below shows sales recorded for the past eight updates of Melbourne Units Cityscope.

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Melbourne apartment sales down in August quarter: CoreLogic

Some notable sales featured in the August 2016 update of Melbourne Units Cityscope include:

  • Unit 14AB, Paramount Apartments, 100-116 Bourke Street, Melbourne, a 14th floor, sub-penthouse  of 190 sqm plus six balconies which sold for $2.15 million;
  • Unit 14, Sargood House, 73 Flinders Lane, (above) Melbourne, a two-bedroom plus study unit of 220 sqm, which sold for $2.027 million; and
  • Unit 20S, The Georges Apartments, 166-186 Little Collins Street, Melbourne, a three-bedroom second floor unit of 166 sqm with terrace, which sold for $1.86 million.

The graph below shows Melbourne's quarterly unit sales

 

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Melbourne apartment sales down in August quarter: CoreLogic

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Melbourne Apartment Sales

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