{"id":8557,"date":"2018-02-28T01:56:12","date_gmt":"2018-02-27T14:56:12","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=8557"},"modified":"2018-03-07T16:13:28","modified_gmt":"2018-03-07T05:13:28","slug":"reiv-market-snapshot-march-1-2018","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/reiv-market-snapshot-march-1-2018\/","title":{"rendered":"REIV market snapshot &#8211; March 1, 2018"},"content":{"rendered":"<p>A CLEARANCE rate of 70 per cent was recorded over the weekend compared to 71 per cent the week before and 81 per cent the same week last year.<\/p>\n<p>There were 1,168 auctions reported to the REIV, with 822 selling and 346 being passed in, 159 of those on a vendor bid.<\/p>\n<p>Buyers will have plenty of opportunities to purchase before Labour Day with back-to-back Super Saturday auction weekends scheduled.<\/p>\n<p>The city\u2019s inner and middle ring suburbs accounted for the vast majority of auctions this weekend, at 34 and 39 per cent respectively.<\/p>\n<p>Great Ocean Properties sold 15 Painkalac Court Aireys Inlet at auction for $935,000 and Bellarine Property sold 32 Ozone Road Barwon Heads for $1.326 million (<a href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/another-big-barwon-heads-auction-result\/\">click here<\/a> for more).<\/p>\n<div id='gallery-1' class='gallery galleryid-8557 gallery-columns-1 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin.jpg' title=\"\" data-rl_title=\"\" class=\"rl-gallery-link\" data-rl_caption=\"\" data-rel=\"lightbox-gallery-1\"><img loading=\"lazy\" decoding=\"async\" width=\"249\" height=\"213\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"gallery-1-8559\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin.jpg 249w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin-24x21.jpg 24w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin-36x31.jpg 36w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/Happy-15-Painkalac-Court-vendor-Margaret-OLoughlin-48x41.jpg 48w\" sizes=\"auto, (max-width: 249px) 100vw, 249px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-8559'>\n\t\t\t\tHappy 15 Painkalac Court vendor Margaret O\u2019Loughlin\nand her dog Rupert with Great Ocean Properties Mim\nAtkinson after selling the Aireys Inlet property under\nthe hammer for $935,000, $115,000 over the reserve.\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A CLEARANCE rate of 70 per cent was recorded over the weekend compared to 71 per cent the week before and 81 per cent the same week last year. There were 1,168 auctions reported to the REIV, with 822 selling and 346 being passed in, 159 of those on a vendor bid. Buyers will have [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/reiv-market-snapshot-march-1-2018\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":54,"featured_media":8558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-8557","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 v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>REIV market snapshot - March 1, 2018 - Surf Coast 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\/surfcoasttimes\/real-estate\/reiv-market-snapshot-march-1-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REIV market snapshot - March 1, 2018 - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"A CLEARANCE rate of 70 per cent was recorded over the weekend compared to 71 per cent the week before and 81 per cent the same week last year. There were 1,168 auctions reported to the REIV, with 822 selling and 346 being passed in, 159 of those on a vendor bid. Buyers will have [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/real-estate\/reiv-market-snapshot-march-1-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Surf Coast Times\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-27T14:56:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-03-07T05:13:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2018\/03\/REIV-market-snapshot-030118.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"532\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\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\\\/surfcoasttimes\\\/real-estate\\\/reiv-market-snapshot-march-1-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/real-estate\\\/reiv-market-snapshot-march-1-2018\\\/\"},\"author\":{\"name\":\"Gil King\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/#\\\/schema\\\/person\\\/f2b14a4fe8263e488c2ba3c9a669fe17\"},\"headline\":\"REIV market snapshot &#8211; 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