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Melanie Dennis

Weekly Auction & Private Sales Results

 

The auction market this weekend showed clear signs of the ongoing impact from the cooler conditions in the overall economy, with a clearance rate of 54 per cent being recorded. There were 568 auctions held this weekend – 308 were sold and 260 were passed in, 200 of which were passed in on a vendor bid.
TOTAL AUCTIONS
This week: 568
Last Weekend: 176
This weekend last year: 897
S Sold at Auction: 226
SB Sold before Auction: 82
SA Sold after Auction: 0
Passed in: 260
Passed in on vendor’s bid: 200

Clearance rate: 54%

This weekend last year: 79%

Postponed: 0
Withdrawn: 2
Auctions with no result: 62

PS Private Sales: 503

Total Volume (Auctions): $168.93mil
Total Volume (Private Sales): $208.18mil
Total Auctions Houses: 372
Clearance Rate: 52%
Median Price: $570,000
Total Auctions Flats/Apartments: 183
Clearance Rate: 57%
Median Price: $407,000

Total Auctions Vacant Land: 13
Clearance Rate: 62%
Median Price: $373,000

House Sales in Detail
TOP 5 HOUSES
1. 62 Dendy Street, Brighton $2,300,000
2. 12 Mount Street, Eaglemont $1,585,000
3. 34 Wattle Grove, Portsea $1,445,000
4. 278 McKean Street, Fitzroy North $1,260,000
5. 8 Paisley Street, Balwyn $1,238,000

TOP 5 BARGAIN HOUSES
1. 19 Greenbriar Way, Cranbourne West $205,000
2. 37 Frost Drive, St Albans $250,000
3. 14 Thrower Street, Reservoir $250,000
4. 82 Welwyn Parade, Deer Park $260,000
5. 22 Huntly Court, Langwarrin $263,000

Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 5/10 Waltham Place, Richmond $942,000
2. 2/7 Cromwell Road, South Yarra $915,000
3. 9 Kennedy Street, Richmond $820,000
4. 7/35 Victoria Avenue, Canterbury $780,000
5. 4/33 York Street, Richmond $771,000

TOP 5 BARGAIN APARTMENTS
1. 118/2 Eastern Place, Hawthorn $122,000
2. 20/709 Barkly Street, Footscray West $160,000
3. 2/149 Alma Avenue, Laverton $165,500
4. 2/38 Church Street, Epping $203,000
5. 15/106 Ascot Vale Road, Flemington $210,0000

 

 

 




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