Results from today’s auctions exceeded the same weekend in 2006, which was a solid year, in terms of the number of auctions held and the clearance rate achieved. The clearance rate today reached 79 per cent. This result should provide a great deal of confidence for vendors and those considering selling in the next few months.
There were 442 auctions reported today, of which 347 sold and 95 were passed in, 57 of those passed in on a vendor bid.
With only 200 auctions scheduled next weekend, competition is likely to be high.
TOTAL AUCTIONS
This week: 442
Last week: 0 (Easter)
Last year: 1105
S Sold at Auction: 284
SB Sold before Auction: 61
SA Sold after Auction: 2
SA Sold after Auction: 2
Passed in: 95
Passed in on vendor’s bid: 57
Passed in on vendor’s bid: 57
Clearance rate: 79%
This weekend last year: 64%
This weekend last year: 64%
Postponed: 1
Withdrawn: 0
Withdrawn: 0
Auctions with no result: 37
PS Private Sales: 906
Total Volume (Auctions): $190.97mil
Total Volume (Private Sales): $370.51mil
Total Volume (Private Sales): $370.51mil
Total Auctions Houses: 291
Clearance Rate: 77%
Median Price: $532,250
Clearance Rate: 77%
Median Price: $532,250
Total Auctions Flats/Apartments: 140
Clearance Rate: 84%
Median Price: $428,250
Clearance Rate: 84%
Median Price: $428,250
Total Auctions Vacant Land: 11
Clearance Rate: 45%
Median Price: $335,000
Clearance Rate: 45%
Median Price: $335,000
House Sales in Detail
TOP 5 HOUSES
1. 47 Wallis Avenue, Ivanhoe East $2,415,000
2. 347 Glenferrie Road, Malvern $2,100,000
3. 99 Ruskin Street, Elwood $1,820,000
4. 280 Beaconsfield Parade, Middle Park $1,820,000
5. 29 Coppin Street, Malvern East $1,770,000
1. 47 Wallis Avenue, Ivanhoe East $2,415,000
2. 347 Glenferrie Road, Malvern $2,100,000
3. 99 Ruskin Street, Elwood $1,820,000
4. 280 Beaconsfield Parade, Middle Park $1,820,000
5. 29 Coppin Street, Malvern East $1,770,000
TOP 5 BARGAIN HOUSES
1. 116 Wilsons Road, Newcomb $200,000
2. 27 Lacenet Avenue, Frankston North $219,000
3. 21 Pine Street, Frankston North $220,000
4. 17 St Leonards Road, Healesville $225,000
5. 1 Marshall Place, Newtown $226,000
1. 116 Wilsons Road, Newcomb $200,000
2. 27 Lacenet Avenue, Frankston North $219,000
3. 21 Pine Street, Frankston North $220,000
4. 17 St Leonards Road, Healesville $225,000
5. 1 Marshall Place, Newtown $226,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 62 Cole Street, Brighton $1,720,000
2. 15A Foote Street, Brighton $1,300,000
3. 1/33 Bruce Street, Toorak $785,000
4. 4 Murray Street, Prahran $749,000
5. 3/1 Kelba Street, Balwyn North $745,000
1. 62 Cole Street, Brighton $1,720,000
2. 15A Foote Street, Brighton $1,300,000
3. 1/33 Bruce Street, Toorak $785,000
4. 4 Murray Street, Prahran $749,000
5. 3/1 Kelba Street, Balwyn North $745,000
TOP 5 BARGAIN APARTMENTS
1. 3/101 Ballarat Road, Maidstone $188,700
2. 10/24 Rooney Street, Maidstone $223,000
3. 66 Waterview Drive, Mernda $223,000
4. 14/75 Pender Street, Thornbury $237,000
5. 33/292 Mckimmies Road, Mill Park $240,000
1. 3/101 Ballarat Road, Maidstone $188,700
2. 10/24 Rooney Street, Maidstone $223,000
3. 66 Waterview Drive, Mernda $223,000
4. 14/75 Pender Street, Thornbury $237,000
5. 33/292 Mckimmies Road, Mill Park $240,000
If interested in learning more about this update please contact me today!
Tags: Auction, foote street, Houses, ivanhoe east, marshall place, result, ruskin street, st leonards road, today, Vendor
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