Brunswick West is the value entry point to this part of the inner north, and first-home buyers are responding. Two-bedroom houses near $866,000 and three-bedroom homes around $1.22 million sit at the more accessible end of the suburb, both clearing solidly in around five weeks.
House sales are up 5.0 per cent this year and unit sales have grown too, with prices rising 7.4 per cent for houses and 6.3 per cent for units, evidence of genuinely improving buyer confidence at this end of the market. Larger four-bedroom homes remain the more selective bracket.
For sellers of entry-level houses and apartments, the buyer pool right now is real and motivated. Presentation and a realistic price are what convert that interest into a sale, since buyers are comparing widely and quick to move past anything pitched to an outdated peak rather than this year's genuine results.
Median sale price for houses in Brunswick West is $1,202,500, up 7.4% from last year.
Median sale price for units in Brunswick West is $510,000, up 6.3% from last year.
Properties sold for houses in Brunswick West is 188, up 5.0% from last year.
Properties sold for units in Brunswick West is 206, down 1.4% from last year.
Auction clearance for houses in Brunswick West is 66.2%, down 9.5% from last year.
Auction clearance for units in Brunswick West is 55.6%, down 12.0% from last year.
Av days on market for houses in Brunswick West is 42, down 2.3% from last year.
Av days on market for units in Brunswick West is 31, down 31.1% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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