Carlton North's terrace market is exactly the kind of turn-key opportunity buyers are most excited about right now. Houses are clearing at 72.3 per cent, with 108 sales this year and days on market down a sharp 36.7 per cent to just 38 days, a genuine sign that demand is outstripping the supply of well-presented period homes.
Upsizers in particular are active here, drawn to the suburb's characterful streets and the promise of moving straight in without significant further work. The median house price has eased slightly to $1.54 million, but the pace of sales tells the real story.
With a hint of spring in the air, more supply is expected to reach the market in coming months, which should offer buyers a little more choice. For now, well-presented terraces priced to reflect this year's genuine sales are being met with real, immediate interest from a motivated pool of upsizers.
Median sale price for houses in Carlton North is $1,495,500, down 9.2% from last year.
Median sale price for units in Carlton North is $666,000, up 0.2% from last year.
Properties sold for houses in Carlton North is 111, up 11.0% from last year.
Properties sold for units in Carlton North is 14, up 0.0% from last year.
Auction clearance for houses in Carlton North is 72.6%, down 3.5% from last year.
Auction clearance for units in Carlton North is 66.7%, down 14.3% from last year.
Av days on market for houses in Carlton North is 40, down 33.3% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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