The fundamentals here haven't shifted, well-located homes in this pocket still draw more buyer interest than there is stock to meet it. Presentation is mattering more than ever, with clean, well-maintained and thoughtfully furnished properties consistently drawing stronger inspection numbers.
The apartment market is where the real acceleration is happening. Two-bedroom units are clearing at 76.5 per cent, up a striking 35.3 per cent on last year, and selling in just 19 days, half the time they were taking twelve months ago. Prices have followed, up 13.6 per cent year on year. Houses remain solid too, clearing at 74.7 per cent.
Investors, many from interstate, are increasingly drawn to older-style two-bedroom apartments and villa units, exactly the segment posting these numbers. With the most active price band sitting under $700,000, buyers and sellers alike are looking for greater certainty before committing, and well-presented homes priced to that certainty are the ones moving fastest.
Median sale price for houses in Ascot Vale is $1,320,000, up 7.1% from last year.
Median sale price for units in Ascot Vale is $545,000, up 10.1% from last year.
Properties sold for houses in Ascot Vale is 212, down 2.8% from last year.
Properties sold for units in Ascot Vale is 101, up 8.6% from last year.
Auction clearance for houses in Ascot Vale is 74.2%, up 1.6% from last year.
Auction clearance for units in Ascot Vale is 88.2%, up 69.1% from last year.
Av days on market for houses in Ascot Vale is 37, down 22.9% from last year.
Av days on market for units in Ascot Vale is 19, down 45.7% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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