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The Property Advocate

Auction & Private Sales results 19th to 25th November

Tuesday, November 27th, 2007

 

Vendors who went to market over the election weekend were rewarded with a strong market, with a clearance rate of 81 per cent.  As with the state election last year, buyers who were interested in a property ensured that voting did not prevent them from attending and bidding.

S Sold at Auction: 396
SB Sold before Auction: 137
SA Sold after Auction: 23

Passed in: 136
Passed in on vendor’s bid: 98

Clearance rate: 80%

TOTAL AUCTIONS

This week: 692
Last week: 1197
Last year: 702

PS Private Sales: 758

Total Volume (Auctions): $383.77mil
Total Volume (Private Sales): $300.98mil

Total Auctions Houses: 462
Clearance Rate: 81%
Median Price: $612,500

Total Auctions Flats/Apartments: 220
Clearance Rate: 78%
Median Price: $451,000

Total Auctions Vacant Land: 10
Clearance Rate: 90%
Median Price: $307,000

Highest Private Sale Price
Bergner Ct, LYSTERFIELD $3,220,000

Lowest Private Sale Price
Rosebud Foreshore, ROSEBUD $50,000

House Sales in Detail
TOP 5 HOUSES
Wiseman St, HAWTHORN EAST $4,010,000
Balfour St, BRIGHTON EAST $2,625,000
Chatsworth Rd, PRAHRAN $2,400,000
Percy St, BALWYN $2,325,000
Wolseley Gr, BRIGHTON $2,300,000

TOP 5 BARGAIN HOUSES
Tamar Dr, DEER PARK $216,000
Tarran St, LAVERTON $236,000
Blanche St, ARDEER $236,000
Ovata Way, CRANBOURNE $240,000
Gosford Cr, BROADMEADOWS $240,000

Flat/Apartment Sales in Detail

TOP 5 APARTMENTS
Beaconsfield Rd, HAWTHORN EAST $1,000,000
View St, ALPHINGTON $935,000
Fenwick St, CLIFTON HILL $910,000
Northcote Rd, ARMADALE $891,000
River St, SOUTH YARRA $880,000

TOP 5 BARGAIN APARTMENTS
Francis St, BELMONT $107,500
Princes Hwy, SPRINGVALE $135,500
Forster St, NOBLE PARK $165,000
Hull Dr, CAMPBELLFIELD $220,000
Verdon St, WILLIAMSTOWN $222,500

Information provided by the Real Estate Institute of Victoria


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Warwick Brookes Melanie Dennis David McMillan Nicki Macrae Rob Millar