In a result that is consistent with last week 71 per cent of the weekend’s 1006 auctions sold . A higher than usual number of auctions is providing buyers with more choice and keeping the clearance rate slightly lower than last year.
S Sold at Auction: 512
SB Sold before Auction: 189
SA Sold after Auction: 10
Passed in: 295
Passed in on vendor’s bid: 215
Clearance rate: 71%
Total Auctions
This week: 1006
Last week: 1146
This weekend last year: 716
PS Private Sales: 758
Total Volume (Auctions): $471.09mil
Total Volume (Private Sales): $298.87mil
Total Auctions Houses: 662
Clearance Rate: 69%
Median Price: $641,000
Total Auctions Flats/Apartments: 335
Clearance Rate: 73%
Median Price: $450,000
Total Auctions Vacant Land: 9
Clearance Rate: 56%
Median Price: $425,000
House Sales in Detail
5 most expensive houses
Richardson Street, Albert Park $3,200,000
Moonga Road, Toorak $3,200,000
George Street, Fitzroy $2,400,000
Hill Road, Balwyn North $1,835,000
Hampton Street, Brighton $1,785,000
Top 5 bargain houses
Crossley Crescent, Coolaroo $200,000
Westmere Crescent, Coolaroo $200,000
McLaurin Avenue, Roxburgh Park $228,000
Larkwood Lane, Craigieburn $249,000
Herbert Road, Carrum Downs $260,000
Unit/Apartment Sales in Detail
5 most expensive units/apartments
Lawnhill Road, Malvern $2,870,000
Osborne Street, South Yarra $1,520,000
Bligh Place, Melbourne $1,400,000
Eskdale Road, Caulfield North $1,255,000
Flinders Lane, Melbourne $1,070,000
Top 5 bargain units/apartments
Waterloo Crescent, St Kilda $144,000
Waterloo Crescent, St Kilda $170,000
Gordon Street, Footscray $195,000
Carroll Crescent, Glen Iris $200,000
Ballarat Road, Footscray $207,000
Information provided by the Real Estate Institue of Victoria
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