Arthurs Seat remains one of the smallest and most tightly held markets on the Peninsula, with just ten house sales recorded this year across two, three and four-bedroom homes. Volumes in any single bracket are too low for a reliable median, but recent sales have ranged from around $1.25 million to $1.7 million, reflecting the suburb's elevated, view-driven appeal.
With 92 per cent of homes owner-occupied, very little comes up for sale here in any given month. Buyers looking in this pocket favour solid, structurally sound homes over flashy renovations, and are prepared to pay well for a property that presents as genuinely well maintained.
Demand across the Peninsula is quieter than usual, but so is stock, and Arthurs Seat's scarcity works firmly in sellers' favour. Homes that are neat, tidy and priced to reflect the current market are attracting quality offers, while those pushing too high are finding buyers simply wait for the next listing.
Median sale price for houses in Arthurs Seat is $1,465,000, down 24.7% from last year.
Properties sold for houses in Arthurs Seat is 10, down 16.7% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Good property management should remove uncertainty, not create more of it.
If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?
Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.
The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.
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