There is a palpable sense of hesitation among some buyers right now, but the savvy ones, those with finance ready and conviction in place, are recognising this moment for what it is, opportunity. Open homes remain well attended, and when a quality home comes to market, genuine competition follows.
In Camberwell specifically, the shortage of quality homes and land opportunities is real and showing no signs of easing. Vendors who bring a well-presented, well-positioned home to market will find that the most prepared buyers are ready to move.
Buyer hesitation in the broader market actually works in your favour. There is simply less competition for the well-prepared, and confidence across most segments is building toward the warmer months. Downsizers are especially active.
Median sale price for houses in Camberwell is $2,300,000, down 4.6% from last year.
Median sale price for units in Camberwell is $820,000, down 3.5% from last year.
Properties sold for houses in Camberwell is 338, up 17.4% from last year.
Properties sold for units in Camberwell is 176, up 12.1% from last year.
Auction clearance for houses in Camberwell is 61.7%, down 10.7% from last year.
Auction clearance for units in Camberwell is 57.8%, down 20.3% from last year.
Av days on market for houses in Camberwell is 41, up 7.9% from last year.
Av days on market for units in Camberwell is 39, down 33.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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