Arthurs Seat buyers are prioritising quality structural builds this month, concrete slabs and brick veneer kept in good condition, even where the home is an older vintage from the seventies, eighties or nineties. They are less interested in flashy renovations sitting on questionable foundations.
Demand is quieter overall, with fewer active buyers than usual, but stock on market is also lower than it traditionally is. Properties priced to current conditions are still receiving quality offers, while anything priced too high sees buyers move on quickly to other opportunities in the area.
Owners looking to re-enter the market are choosing to sell sooner rather than later, aiming to capture a better change-over by selling higher now and buying for less later in the year.
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
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