Alphington's median house price is up 5.5 per cent this year to $1,582,500, even as buyers become noticeably more selective, clearance has eased to 66.7 per cent for houses and 57.1 per cent for units, both down on last year. It's a market readjusting to what's real rather than what sellers might hope for.
Unit sales have fallen sharply too, down 31.9 per cent, and the median unit price has eased 9.3 per cent to $752,500. Buyers here remain genuinely excited by the prospect that interest rates hold steady, but that optimism is being paired with real caution about what they're prepared to pay.
With first-home buyers dominant in the $700,000 to $1.2 million range, and Alphington's trendy, tree-lined character continuing to draw genuine interest, vendors who price to this year's evidence rather than last year's results are the ones seeing the strongest outcomes right now.
Median sale price for houses in Alphington is $1,576,000, up 4.0% from last year.
Median sale price for units in Alphington is $790,000, down 6.8% from last year.
Properties sold for houses in Alphington is 93, up 1.1% from last year.
Properties sold for units in Alphington is 79, down 23.3% from last year.
Auction clearance for houses in Alphington is 67.9%, down 4.2% from last year.
Auction clearance for units in Alphington is 57.1%, down 26.5% from last year.
Av days on market for houses in Alphington is 57, up 0.0% from last year.
Av days on market for units in Alphington is 44, down 34.3% from last year.
$2,300,000
$2,057,500
$1,603,500
$1,576,000
$1,570,000
$1,391,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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