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28/09/11
18:22
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Final results with Wednesday update:
Pre-weekend forecast - 740 auctions.
On Sun: 628+4+6+84 = 722
Now: 697+6+10+3= 716
6 auctions disappeared...
Weekly Market Overview
Saturday 24th & Sunday 25th September 2011
Total Auctions
This week: 697
Last week: 639
This time last year: 65
S Sold at Auction: 303
SB Sold before Auction: 60
SA Sold after Auction: 2
Passed in: 332
Passed in on vendor's bid: 214
Clearance rate: 52%
Postponed: 6
Withdrawn: 10
Auctions with no result: 3
PS Private Sales: 510
Total Volume (Auctions): $246.06mil
Total Volume (Private Sales): $229.95mil
Total Auctions Houses: 441
Clearance Rate: 53%
Median Price: $690,000
Total Value: $177,523,100
Total Auctions Flats/Apartments: 240
Clearance Rate: 53%
Median Price: $487,500
Total Value: $67,228,250
Total Auctions Vacant Land: 14
Clearance Rate: 21%
Median Price: $290,000
Total Value: $1,304,000
House Sales in Detail
TOP 5 HOUSES
1. 2 Rosedale Road, Glen Iris $2,120,000
2. 113 Yarrbat Avenue, Balwyn $1,992,500
3. 28 Service Street, Hampton $1,825,000
4. 19 Brighton Street, Sandringham $1,750,000
5. 31 Lambeth Avenue, Armadale $1,540,000
TOP 5 BARGAIN HOUSES
1. 96 Oakwood Road, Albanvale $306,000
2. 158 Ninth Avenue, Rosebud $308,000
3. 38 The Avenue, Ferntree Gully $337,250
4. 6 McInnes Close, Sunbury $338,000
5. 22-24 Jones Avenue, Upper Ferntree Gully $339,000
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