Chirnside Park is a clear example of what low stock is doing for sellers right now. House prices are up 6.8 per cent this year to $950,000, and auction clearance has jumped 14.5 per cent to a strong 64.7 per cent, a genuine sign that buyers are showing up and following through on offers rather than just browsing. Houses are also selling faster, down 9.5 per cent to just 19 days on market.
Apartments are a much smaller part of this suburb, with only 20 sales this year, though every one that went to auction cleared. With such a thin sample, the unit figures move around more from month to month than the house numbers do, so they are worth treating cautiously.
With many owners choosing to hold off until spring, the properties that do come to market right now are seeing very strong numbers at opens. For anyone considering listing, less competition from other vendors means well-presented homes under $1 million in particular are attracting serious, immediate interest.
Median sale price for houses in Chirnside Park is $947,500, up 6.3% from last year.
Median sale price for units in Chirnside Park is $690,000, up 36.6% from last year.
Properties sold for houses in Chirnside Park is 241, down 3.6% from last year.
Properties sold for units in Chirnside Park is 19, down 9.5% from last year.
Auction clearance for houses in Chirnside Park is 64.7%, up 13.2% from last year.
Auction clearance for units in Chirnside Park is 100.0%, up 0.0% from last year.
Av days on market for houses in Chirnside Park is 18, down 18.2% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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