Buyers who failed to find the home they wanted when stock was low last weekend bolstered demand this weekend which lead to a higher clearance rate. This weekend there were 608 auctions, 406 sold resulting in a clearance rate of 67 percent.
TOTAL AUCTIONS
This week: 609
Last week: 192
Last year: 681
S Sold at Auction: 318
SB Sold before Auction: 80
SA Sold after Auction: 9
Passed in: 202
Passed in on vendor’s bid: 141
Clearance rate: 67%
Postponed: 0
Withdrawn: 0
Auctions with no result: 115
PS Private Sales: 516
Total Volume (Auctions): $256.28mil
Total Volume (Private Sales): $218.92mil
Total Auctions Houses: 391
Clearance Rate: 66%
Median Price: $565,000
Total Auctions Flats/Apartments: 205
Clearance Rate: 68%
Median Price: $410,000
Total Auctions Vacant Land: 11
Clearance Rate: 82%
Median Price: $368,000
House Sales in Detail
TOP 5 HOUSES
1. 22 Glyndebourne Avenue, Toorak $3,170,000
2. 5 The Pines, Kew $2,960,000
3. 4 Bendigo Street, Hampton $2,900,000
4. 63 Victoria Street, Williamstown $2,275,000
5. 14 Halifax Street, Brighton $2,010,000
TOP 5 BARGAIN HOUSES
1. 24 Wattleglen Street, Craigieburn $225,850
2. 17 Glenmaggie Court, Meadow Heights $240,000
3. 24 Betula Street, Doveton $242,000
4. 1 Radiata Court, Mill Park $255,000
5. 11 Creighton Way, Craigieburn $255,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 5A Muir Street, Hawthorn $3,170,000
2. 28 Wangaratta Street, Richmond $975,000
3. 1/17 Younger Avenue, Caulfield South $895,000
4. 7 Davids Lane, Carlton North $891,000
5. 24 Wadham Parade, Mount Waverley $835,000
TOP 5 BARGAIN APARTMENTS
1. 6/101 St David Street, Thornbury $215,000
2. 12/176 Rathcown Road, Reservoir $230,000
3. 54/163-171 Flemington Road, North Melbourne $235,000
4. 1/943 High Street, Reservoir $248,000
5. 3/3 Mitchell Parade, Pascoe Vale South $257,750
If interested in learning more about this update please contact me today!
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