{"id":41688,"date":"2021-06-10T02:14:51","date_gmt":"2021-06-09T15:14:51","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=41688"},"modified":"2021-06-10T02:14:51","modified_gmt":"2021-06-09T15:14:51","slug":"reiv-market-snapshot-june-10","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/reiv-market-snapshot-june-10\/","title":{"rendered":"REIV market snapshot – June 10"},"content":{"rendered":"

BY GIL KING, CEO REIV<\/p>\n

A clearance rate of 96 per cent was recorded this week compared to 93 per cent last week and 66 per cent this same week last year.<\/p>\n

There were 556 auctions reported to the REIV, with 534 selling and 22 being passed in, 13 of those on a vendor bid.<\/p>\n

More than 14,000 homes have been sold under the hammer in the first five months of 2021, led by Reservoir (254) and Glen Waverley (202).<\/p>\n

Bellarine Property sold 41 Ocean Throughway, Ocean Grove, at auction for $1,460,000 with four bidders left over.<\/p>\n

Hayeswinckle Drysdale sold 151 Bay Shore Avenue, Clifton Springs, at auction for $620,000.<\/p>\n

Saturday June 5, 2021<\/strong>
\nClearance rate: 96%
\nSold at auction: 255
\nSold before auction: 278
\nSold after auction: 1
\nPassed in: 22
\nPassed in vendor bid: 16
\nWithdrawn: 231
\nPostponed: 572
\nNo result: 240
\nTotal Volume: $607.94m<\/p>\n","protected":false},"excerpt":{"rendered":"

BY GIL KING, CEO REIV A clearance rate of 96 per cent was recorded this week compared to 93 per cent last week and 66 per cent this same week last year. There were 556 auctions reported to the REIV, with 534 selling and 22 being passed in, 13 of those on a vendor bid. […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":153,"featured_media":41689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-41688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nREIV market snapshot - June 10 - 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-june-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REIV market snapshot - June 10 - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"BY GIL KING, CEO REIV A clearance rate of 96 per cent was recorded this week compared to 93 per cent last week and 66 per cent this same week last year. 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