In light of the significant increase in the number of homes on the market this weekend’s clearance rate of 74 per cent is very strong. More homes were sold at auction this weekend than were actually on the market this time last year.
S Sold at Auction: 601
SB Sold before Auction: 221
SA Sold after Auction: 22
Passed in: 302
Passed in on vendor’s bid: 178
Clearance rate: 74%
Total Auctions
This week: 1146
Last week: 654
This weekend last year: 826
PS Private Sales: 735
Total Volume (Auctions): $571.03mil
Total Volume (Private Sales): $276.4mil
Total Auctions Houses: 764
Clearance Rate: 71%
Median Price: $660,000
Total Auctions Flats/Apartments: 361
Clearance Rate: 78%
Median Price: $442,500
Total Auctions Vacant Land: 21
Clearance Rate: 86%
Median Price: $370,500
House Sales in Detail
5 most expensive houses
Roslyn Street, Brighton $2,950,000
Adelaide Street, Armadale $2,760,000
Canberra Road, Toorak $2,600,000
Raheen Drive, Kew $2,560,000
Marshall Avenue, Kew $2,330,000
Top 5 bargain houses
Officer Street, Meadow Heights $220,000
Lillypilly Avenue, Doveton $221,000
Craigieburn Road, Craigieburn $230,000
Churchill Street, Glenroy $230,000
Watford Crescent, Craigieburn $233,000
Information provided by The Real Estate Institute of Victoria
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