Avondale Heights' larger blocks and proximity to the Maribyrnong parklands keep buyers engaged this month. Families drawn to the space and the green surroundings tend to have already decided on this pocket of the northwest.
Sitting at the value end of the office rather than the prestige end, this suburb is in the more active part of the market. Family homes on good blocks at accessible prices are the steadier performers, in line with strong entry-level demand across the wider area.
Owners who present their homes well and price to recent comparable sales are the ones seeing offers. The setting draws the buyers, and a realistically priced home converts them.
Median sale price for houses in Avondale Heights is $1,025,500, up 7.1% from last year.
Median sale price for units in Avondale Heights is $720,000, up 5.5% from last year.
Properties sold for houses in Avondale Heights is 207, up 13.1% from last year.
Properties sold for units in Avondale Heights is 23, up 64.3% from last year.
Auction clearance for houses in Avondale Heights is 73.8%, up 5.3% from last year.
Auction clearance for units in Avondale Heights is 88.9%, up 21.2% from last year.
Av days on market for houses in Avondale Heights is 40, down 36.5% from last year.
$1,430,000
$1,092,500
$1,053,000
$1,025,500
$800,000
$745,000
$740,000
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.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Essendon’s Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
