Yep, it looks like they've decided to keep the...

  1. 526 Posts.
    Yep, it looks like they've decided to keep the postponed,withdrawn, no results out again from the website this week. Luckily it's availiable elsewhere, such as in the email updates they send. For this week they were:

    Withdrawn: 3
    Postponed: 3
    No Result: 129

    Add that to the actual auctions and you get 810. It's possible that there are 40 auctions for sunday, will wait and see.

    Irregardless, private sales say it all really...

    @glennster1111 - would love to see that, especially with the frontline crew. Best episode was when Mike tries to have a serious debate on ethnic violence and Marty incites it even further :)

    Frontline: Divide the community, Multiple the ratings (1/3)


    Weekly Market Overview

    Saturday 12th November 2011

    The clearance rate this weekend is 53 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 675 auctions this weekend of which 360 sold and 315 were passed in, 207 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

    S Sold at Auction: 305
    SB Sold before Auction: 55
    SA Sold after Auction: 0

    Passed in: 315
    Passed in on vendor's bid: 207

    Clearance rate: 53%

    PS Private Sales: 468

    Total Volume (Auctions): $273.47mil
    Total Volume (Private Sales): $251.09mil

    Total Auctions Houses: 464
    Clearance Rate: 52%
    Median Price: $710,000
    Total Value: $204,883,250

    Total Auctions Flats/Apartments: 197
    Clearance Rate: 56%
    Median Price: $517,000
    Total Value: $63,638,425

    Total Auctions Vacant Land: 13
    Clearance Rate: 38%
    Median Price: $440,000
    Total Value: $2,750,500

    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. 7 Urquhart Street, Hawthorn $1,800,000

    TOP 5 BARGAIN HOUSES
    1. 37 Meakin Way, Deer Park $290,000
    2. 446 Waterfall Gully Road, Rosebud $325,000
    3. 2B Tarana Avenue, Glenroy $337,000
    4. 3 Pritchard Avenue, Braybrook $350,000
    5. 8 Locke Street, Rye $360,000

    Flat/Apartment Sales in Detail

    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. 3 Reilly Place, South Melbourne $1,100,000
    5. 4 High Road, Camberwell $1,070,000

    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. 17/45 Derby Street, Tullamarine $291,000
 
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