With fewer auctions than usual today due to the spring carnival the clearance rate increased to 64%. There were 169 auctions today with 109 being sold and 60 passed in. There are around 640 auctions next weekend which will provide a more accurate barometer of the state of the market.
S Sold at Auction: 84
SB Sold before Auction: 22
SA Sold after Auction: 3
Passed in: 60
Passed in on vendor’s bid: 41
Clearance rate: 64%
TOTAL AUCTIONS
This week: 169
Last weekend: 862
This time last year: 267
Postponed: 0
Withdrawn: 0
Auctions with no result: 31
PS Private Sales: 517
Total Volume (Auctions): $61.79mil
Total Volume (Private Sales): $189.47mil
Total Auctions Houses: 117
Clearance Rate: 66%
Median Price: $495,000
Total Auctions Flats/Apartments: 47
Clearance Rate: 62%
Median Price: $388,850
Total Auctions Vacant Land: 5
Clearance Rate: 60%
Median Price: $235,000
House Sales in Detail
TOP 5 HOUSES
1. 2 Narong Road, Caulfield North $1,205,000
2. 3 Booran Road, Caulfield $877,500
3. 15 Nevada Retreat, Bulleen $870,000
4. 130 Nicholson Street, Coburg $830,000
5. 3 Morang Road, Hawthorn $825,000
TOP 5 BARGAIN HOUSES
1. 36 Mildura Crescent, Dallas $206,000
2. 68 Majestic Boulevard, Cranbourne $235,000
3. 38 Hanson Road, Craigieburn $245,000
4. 51 Witternberg Avenue, Frankston $248,000
5. 49 Bindi Street, Glenroy $250,000
Flat/Apartment Sales in Detail
TOP 5 APARTMENTS
1. 1/191 Dow Street, Port Melbourne $850,000
2. 803E/126 Rouse Street, Port Melbourne $780,000
3. 3/90 Clowes Street, South Yarra $704,000
4. D204/136 Rouse Street, Port Melbourne $550,000
5. 2/111 High Street, Doncaster $540,000
TOP 5 BARGAIN APARTMENTS
1. 3/27 Vizard Street, Dandenong $194,000
2. 5/396 Murray Road, Preston $238,345
3. 2/20 Warren Road, Mordialloc $250,000
4. 4/1 Morang Drive, Mill Park $267,000
5. 2/15 Park Avenue, Preston $270,000
Land Sales in Detail
TOP 5 BLOCKS
1. 62 Highbury Road, Rye $151,000
TOP 5 BARGAIN BLOCKS
1. 62 Highbury Road, Rye $151,000
