Balaclava's character homes are clearing strongly, and the improvement on last year is striking, house clearance has jumped to 81.4 per cent, up 35.7 per cent. Two-bedroom houses near $1.058 million are clearing at around three in four, and three-bedroom homes near $1.4735 million are performing even more strongly, as buyers compete for period cottages and terraces close to the cafes and transport of Carlisle Street.
The one-bedroom apartment near $432,000 is moving fast too, in about three weeks. Across every bracket, the properties standing out are the ones that have addressed the obvious repairs and been presented without clutter or personal touches getting in the way.
With buyers engaged but measured and vendors increasingly realistic on pricing, a well-prepared, turn-key home is consistently the one creating the strongest emotional connection, and the strongest competition, at every open this month.
Median sale price for houses in Balaclava is $1,375,000, up 13.6% from last year.
Median sale price for units in Balaclava is $547,500, down 5.3% from last year.
Properties sold for houses in Balaclava is 60, up 11.1% from last year.
Properties sold for units in Balaclava is 88, up 18.9% from last year.
Auction clearance for houses in Balaclava is 76.6%, up 29.9% from last year.
Auction clearance for units in Balaclava is 76.0%, up 26.7% from last year.
Av days on market for houses in Balaclava is 27, down 44.9% from last year.
Av days on market for units in Balaclava is 27, up 3.8% from last year.
$1,910,000
$1,648,500
$1,549,000
$1,447,000
$1,375,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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