Sunday September 27th 2009
There was a total of 135 auctions reported this weekend. Of the 135 reported a total of 113 sold and 22 were passed in, of those 10 were passed in on a vendors bid.
The auction market picks up again next weekend with 500 homes going under the hammer next week and nearly 700 the weekend after.
TOTAL AUCTIONS
This week: 135
Last Week: 820
Last year: 30
S Sold at Auction: 80
SB Sold before Auction: 31
SA Sold after Auction: 2
Passed in: 22
Passed in on vendor’s bid: 10
Clearance rate: 84%
Postponed: 0
Withdrawn: 0
Auctions with no result: 26
PS Private Sales: 615
Total Volume (Auctions): $60.32mil
Total Volume (Private Sales): $254.78mil
Total Auctions Houses: 77
Clearance Rate: 86%
Median Price: $560,000
Total Auctions Flats/Apartments: 57
Clearance Rate: 82%
Median Price: $445,000
Total Auctions Vacant Land: 1
Clearance Rate: 0%
Median Price: $0
House Sales in Detail
TOP 5 HOUSES
1. 30 Ross Street, Toorak $1,806,000
2. 112 Carrington Road, Box Hill $1,375,000
3. 8 Lockhart Street, Camberwell $1,265,000
4. 291 Napier Street, Fitzroy $1,216,000
5. 15 Station Street, Hawthorn East $1,110,000
TOP 5 BARGAIN HOUSES
1. 16 Black Knight Way, Kurunjang $240,000
2. 14 Observation Drive, Rye $265,000
3. 12 Pyalong Crescent, Dallas $297,000
4. 94 Mountain Gate Drive, Ferntree Gully $320,500
5. 3 Johnson Bowl , Meadow Heights $330,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 2B Princes Street, Caulfield North $950,000
2. 1/95 Park Road, Cheltenham $780,000
3. 16a Milverton Street, Camberwell $731,000
4. 19-21 Marne Street, South Yarra $715,000
5. 5/53 Johnston Street, Port Melbourne $700,000
TOP 5 BARGAIN APARTMENTS
1. 2/59-61 Willaton Street, St Albans $257,000
2. 5/9 Hammond Street, Thornbury $290,500
3. 8/8 Dunoon Street, Murrumbeena $301,000
4. 1/1260 Plenty Road, Bundoora $312,000
5. 7/37 Nepean Highway, Elsternwick $330,000
Domain Property Advocates is currently running at a vacancy rate of .25%. If you would like to know how your property can be leased quickly to quality tenants and remain leased (therefore keeping your costs to a minimum), contact Melanie Dennis on 9853 5599 or 0416 218 003
If interested in learning more about this update please contact me today!
Tags: Auction, carrington road, caulfield north, Houses, mil, observation drive, princes street, ross street, total, Volume
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As Domain Property Advocates continues to grow I will continue to provide superior service to those choosing to use property as their investment. It is an important choice of who to choose as the one responsible to look after your property. You can be sure that Domain Property Advocates will always strive to be the best. |  |
