Bayswater North is quietly one of the better places to sell right now. Prices have eased six to seven per cent, but there is a genuine shortage of properties for sale, and that scarcity is working in favour of owners who commit.
Development sites and lower-priced homes are seeing the strongest demand this month. Owners have been hesitating, partly because of winter and partly because of the noise in the media, but that hesitation is exactly what is keeping stock so tight.
For anyone committed to selling, acting quickly makes sense while supply is low. And for those buying and selling in the same market, things balance out, most likely in your favour.
Median sale price for houses in Bayswater North is $905,500, up 9.1% from last year.
Median sale price for units in Bayswater North is $650,000, down 1.5% from last year.
Properties sold for houses in Bayswater North is 114, down 23.0% from last year.
Properties sold for units in Bayswater North is 65, down 28.6% from last year.
Auction clearance for houses in Bayswater North is 75.0%, up 21.6% from last year.
Auction clearance for units in Bayswater North is 72.7%, up 9.1% from last year.
Av days on market for houses in Bayswater North is 17, down 26.1% from last year.
Av days on market for units in Bayswater North is 19, down 5.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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