There are fewer buyers walking through opens in Ascot Vale this month, but the ones who are here mean business. When the right home appears they are prepared to pay good money for it, and the days of owners simply testing the market have passed. The people going to market now have a genuine desire to sell, and buyers can read that.
Apartments close to Union Road are the standout. Where the building is healthy with no owners corporation issues, some are selling within three to seven days. Investors are still entering too, drawn by strong rental demand and returns that have held up despite the tax reform noise.
Neither side is winning right now, and that is the point. Value for money is the key to every deal, and well-priced homes are meeting ready buyers.
Median sale price for houses in Ascot Vale is $1,300,000, up 4.0% from last year.
Median sale price for units in Ascot Vale is $540,000, up 13.6% from last year.
Properties sold for houses in Ascot Vale is 216, down 0.9% from last year.
Properties sold for units in Ascot Vale is 106, up 19.1% from last year.
Auction clearance for houses in Ascot Vale is 74.7%, up 3.8% from last year.
Auction clearance for units in Ascot Vale is 76.5%, up 35.3% from last year.
Av days on market for houses in Ascot Vale is 37, down 15.9% from last year.
Av days on market for units in Ascot Vale is 19, down 50.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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