With the Sunday update. They've decided to include everything on the webpage again.
Weekly Market OverviewSaturday 12th & Sunday 13th November 2011House with auction sign
The clearance rate this weekend is 54 per cent compared to 50 per cent on each of the past two weekends and 59 per cent this weekend last year.
With a high number of auctions over the next two weekends vendors will be hoping the small improvement recorded today is the start of a cycle of strengthening demand. There have been a total of 713 auctions this weekend of which 383 sold and 330 were passed in, 214 of those on a vendors bid. Next weekend the REIV expects around 815 auctions and 1045 on the last weekend in the month.
Enzo Raimondo CEO REIV
Total Auctions
This weekend: 713 Last weekend: 576 This time last year: 921
S Sold at Auction: 323 SB Sold before Auction: 60 SA Sold after Auction: 0
Passed in: 330 Passed in on vendor's bid: 214 Clearance rate: 54%
Postponed: 6 Withdrawn: 4 Auctions with no result: 123
PS Private Sales: 468 PS Private Sales: 470 Total Volume (Auctions): $287.97mil Total Volume (Private Sales): $251.95mil
Total Auctions Houses: 487 Clearance Rate: 52% Median Price: $710,000 Total Value: $213,362,250
Total Auctions Flats/Apartments: 212 Clearance Rate: 58% Median Price: $516,000 Total Value: $69,652,425
Total Auctions Vacant Land: 13 Clearance Rate: 38% Median Price: $440,000
House Sales in Detail
TOP 5 HOUSES 1. 12 Victoria Street, Williamstown $2,400,000 2. 29 Guildford Road, Surrey Hills $2,185,000 3. 24 St Johns Avenue, Springvale $2,010,000 4. 37 St Georges Road, Elsternwick $1,800,000 5. 111 Rowe Street, Fitzroy North $1,711,000
TOP 5 APARTMENTS 1. 4 Penny Lane, South Yarra $1,410,000 2. 6 Penny Lane, South Yarra $1,340,000 3. 4/14 Grange Road, Toorak $1,305,000 4. 393 Glen Eira Road, Caulfield North $1,210,000 5. 3 Reilly Place, South Melbourne $1,100,000
TOP 5 BARGAIN APARTMENTS 1. 215/408 Lonsdale Street, Melbourne $195,000 2. 10/99 Melbourne Road, Williamstown $240,000 3. 2/44 Type Street, Richmond $250,000 4. 3/7 Truganini Road, Carnegie $263,000 5. 5/14 Olive Street, Caulfield South $283,000 Get the latest auction results first from the REIV every Saturday and Sunday evening.
