Balwyn North is showing some of the clearest signs of improving confidence in this update, house sales up 5.5 per cent this year and unit clearance climbing 17.6 per cent to a strong 80.0 per cent. The median house price has held up too, up 2.3 per cent to $2,200,000, with unit prices up 9.8 per cent to $865,000.
That combination of rising volume, rising clearance and rising prices is a genuinely encouraging signal, even as broader buyer sentiment remains cautious about where the market is headed next. Downsizers remain the dominant buyer type, and family homes continue to draw strong, genuine interest.
With stock levels improving and buyers and vendors increasingly meeting the market on price, Balwyn North is proving to be one of the more resilient markets covered in this update right now.
Median sale price for houses in Balwyn North is $2,200,000, up 0.9% from last year.
Median sale price for units in Balwyn North is $882,500, up 13.9% from last year.
Properties sold for houses in Balwyn North is 347, up 8.1% from last year.
Properties sold for units in Balwyn North is 44, up 7.3% from last year.
Auction clearance for houses in Balwyn North is 59.9%, down 9.2% from last year.
Auction clearance for units in Balwyn North is 80.0%, up 22.7% from last year.
Av days on market for houses in Balwyn North is 54, down 8.5% from last year.
Av days on market for units in Balwyn North is 48, down 26.2% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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