Neil Laws, President of the REIV said demand for homes at auctions this weekend cooled with the temperature, down to 62 per cent from the high sixties that have been the norm this year. There were 545 auctions this weekend with 336 selling and 209 passed in.
TOTAL AUCTIONS
This week: 545
Last week: 613
This weekend last year: 626
S Sold at Auction: 256
SB Sold before Auction: 68
SA Sold after Auction: 12
Passed in: 209
Passed in on vendor’s bid: 141
Clearance rate: 62%
Postponed: 2
Withdrawn: 3
Auctions with no result: 62
PS Private Sales: 470
Total Volume (Auctions): $211.25mil
Total Volume (Private Sales): $196.33mil
Total Auctions Houses: 371
Clearance Rate: 62%
Median Price: $600,000
Total Auctions Flats/Apartments: 160
Clearance Rate: 61%
Median Price: $425,000
Total Auctions Vacant Land: 13
Clearance Rate: 62%
Median Price: $371,500
House Sales in Detail
TOP 5 HOUSES
1. 70B Beaconsfield Parade, Albert Park $2,700,000
2. 25 Alexandra Avenue, Canterbury $2,340,000
3. 7 Pinewood Drive, Templestowe $1,900,000
4. 52 Langdon Road, Caulfield North $1,725,000
5. 26 St Johns Avenue, Camberwell $1,680,000
TOP 5 BARGAIN HOUSES
1. 1/28 Graham Street, Broadmeadows $216,000
2. 28 Guildford Avenue, Coolaroo $221,000
3. 6 Dozey Court, Roxburgh Park $234,000
4. 26 Fiddlewood Turn, Melton West $237,000
5. 9 Carson Court, Watsonia North $237,500
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 86A Bayview Street, Williamstown $1,450,000
2. 13A Bowen Street, Camberwell $1,004,500
3. 2/46 Riversdale Road, Hawthorn $916,000
4. 47B Somerset Street, Richmond $850,000
5. 6A Robinson Road, Hawthorn $800,000
TOP 5 BARGAIN APARTMENTS
1. 2/15 Highfield Avenue, Mulgrave $150,000
2. 5/83 Verdon Street, Williamstown $235,000
3. 1/682-684 Heatherton Road, Springvale South $245,000
4. 38 Kennedy Parade, Roxburgh Park $250,000
5. 2/467 Pascoe Vale Road, Strathmore $275,000
Information Provided by The Real Estate Institute of Victoria
