Broadmeadows has posted one of the strongest clearance results anywhere in this update, up 19.0 per cent to 91.5 per cent for houses, alongside a similarly strong 87.5 per cent for units, up 13.8 per cent. The median house price is up 10.3 per cent to $640,000, with 244 sales this year, up 8.4 per cent.
Days on market for houses have fallen sharply too, down 31.7 per cent to just 28 days, a clear sign that well-presented homes are meeting genuinely engaged buyers. The unit market has cooled slightly in volume, down 33.7 per cent, even as prices continue to climb.
With significant investment reshaping the suburb's centre, including new apartments, townhouses and community infrastructure near the train station, Broadmeadows continues to draw strong interest from young families and first-home buyers seeking value and improving amenity in equal measure.
Median sale price for houses in Broadmeadows is $640,000, up 9.7% from last year.
Median sale price for units in Broadmeadows is $490,000, up 4.8% from last year.
Properties sold for houses in Broadmeadows is 235, up 4.9% from last year.
Properties sold for units in Broadmeadows is 58, down 25.6% from last year.
Auction clearance for houses in Broadmeadows is 89.8%, up 14.1% from last year.
Auction clearance for units in Broadmeadows is 87.5%, up 16.7% from last year.
Av days on market for houses in Broadmeadows is 28, down 24.3% from last year.
Av days on market for units in Broadmeadows is 41, up 64.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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