Carnegie's apartment market is among the deepest in this part of the inner south-east, with 309 unit sales this year and clearance holding at 74.8 per cent. This is exactly the kind of entry-level, well-connected stock that interstate and Sydney investors continue to snap up, some sight unseen.
Houses are performing well too, clearing at a strong 78.6 per cent, though larger homes are taking longer to sell, days on market up 27.1 per cent to 61 days, so patience and realistic pricing matter more than usual at that end of the market.
Buyers can expect stronger stock levels through spring, and with low stock making for genuine competition right now, appraisals are rising after a quiet winter across the wider area. Investors remain the dominant buyer type, with most activity under $700,000, and better clearance rates are reflecting real, improving sentiment.
Median sale price for houses in Carnegie is $1,442,500, down 7.2% from last year.
Median sale price for units in Carnegie is $645,000, up 1.6% from last year.
Properties sold for houses in Carnegie is 158, down 9.2% from last year.
Properties sold for units in Carnegie is 309, down 3.4% from last year.
Auction clearance for houses in Carnegie is 78.6%, up 1.4% from last year.
Auction clearance for units in Carnegie is 74.8%, down 0.2% from last year.
Av days on market for houses in Carnegie is 61, up 27.1% from last year.
Av days on market for units in Carnegie is 39, down 20.4% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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