{"id":10480,"date":"2018-05-23T03:58:20","date_gmt":"2018-05-23T03:58:20","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=10480"},"modified":"2018-05-28T10:42:09","modified_gmt":"2018-05-28T10:42:09","slug":"reiv-market-snapshot-may-24-2018","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-may-24-2018\/","title":{"rendered":"REIV market snapshot &#8211; May 24, 2018"},"content":{"rendered":"<p>A clearance rate of 64 per cent was recorded over the weekend compared to 62 per cent the week before and 79 per cent the same week last year.<\/p>\n<p>There were 787 auctions reported to the REIV, with 502 selling and 285 being passed in, 152 of those on a vendor bid.<\/p>\n<p>The Mernda Rail Extension project is proving a boon for real estate activity with Mernda\u2019s 65 auctions so far this year being more than double the number for the corresponding period of 2017.<\/p>\n<p>Bellarine Property sold 2 Hitchcock Avenue Barwon Heads at auction for $2,150,000 and RT Edgar Bellarine sold 2-6 Cantal Court Ocean Grove for $1,107,000.<\/p>\n<p>McCartney Real Estate Torquay sold Lot 9, Osprey Court Torquay for $688,000.<\/p>\n<p><a href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-content\/uploads\/sites\/3\/2018\/05\/REIV-market-snapshot-052418-2.jpg\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-content\/uploads\/sites\/3\/2018\/05\/REIV-market-snapshot-052418-2.jpg\" alt=\"\" width=\"520\" height=\"544\" class=\"aligncenter size-full wp-image-10476\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/05\/REIV-market-snapshot-052418-2.jpg 520w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/05\/REIV-market-snapshot-052418-2-287x300.jpg 287w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A clearance rate of 64 per cent was recorded over the weekend compared to 62 per cent the week before and 79 per cent the same week last year. There were 787 auctions reported to the REIV, with 502 selling and 285 being passed in, 152 of those on a vendor bid. The Mernda Rail [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-may-24-2018\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":54,"featured_media":10468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"featured_section_post":"","home_featured_section_post":"","footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-10480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>REIV market snapshot - May 24, 2018 - Bellarine Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-may-24-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REIV market snapshot - May 24, 2018 - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"A clearance rate of 64 per cent was recorded over the weekend compared to 62 per cent the week before and 79 per cent the same week last year. There were 787 auctions reported to the REIV, with 502 selling and 285 being passed in, 152 of those on a vendor bid. The Mernda Rail [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-may-24-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Bellarine Times\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-23T03:58:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-05-28T10:42:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/05\/REIV-market-snapshot-052418.png\" \/>\n\t<meta property=\"og:image:width\" content=\"464\" \/>\n\t<meta property=\"og:image:height\" content=\"224\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gil King\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gil King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/reiv-market-snapshot-may-24-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/reiv-market-snapshot-may-24-2018\\\/\"},\"author\":{\"name\":\"Gil King\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/person\\\/f2b14a4fe8263e488c2ba3c9a669fe17\"},\"headline\":\"REIV market snapshot &#8211; 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