With a clearance rate of 81% being reached auctions today provided confirmation of agents expectations of ongoing buoyancy in the auction market.Any fears of oversupply were also put to rest and vendors can be confident in the coming weeks despite record high listings.

S Sold at Auction: 484
SB Sold before Auction: 150
SA Sold after Auction: 13

Passed in: 155
Passed in on vendor’s bid: 104

Clearance rate: 81%

TOTAL AUCTIONSThis week: 802
Last week: 771
Last year: 665PS Private Sales: 745

TOP 5 BARGAIN HOUSES
Golden Av, WERRIBEE $202,000
Graham St, BROADMEADOWS $206,000
Mirboo Ct, BROADMEADOWS $210,000
Bellbrae Cr, CRANBOURNE $219,000
Bradwell St, KEALBA $227,000Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
Myrtle St, BRIGHTON $2,500,000
Flinders St, MELBOURNE $1,905,000
Beach St, PORT MELBOURNE $1,750,000
Erica Av, GLEN IRIS $1,303,000
Adams Pl, PORT MELBOURNE $1,018,000

TOP 5 BARGAIN APARTMENTS
Geelong Rd, FOOTSCRAY WEST $120,000
Carmichael St, FOOTSCRAY WEST $132,000
Fraser St, GEELONG WEST $145,000
Schutt St, NEWPORT $192,000
Empire St, FOOTSCRAY $200,500

Information provided by the Real Estate Institute of Victoria

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