Clifton Hill is a settled, owner-occupier house pocket, one of the more tightly held in the inner north, and homes here move quickly. Three-bedroom houses near $1.6325m are selling in around four weeks, faster than most of their neighbours, and the two-bedroom homes near $1.306m are close behind.
Speed, though, does not mean buyers are paying any price. Three-bedroom homes are clearing at only around the mid-fifties, a sign that buyers are negotiating hard even on homes they like. The four-bedroom bracket clears more strongly.
That combination puts the emphasis squarely on pricing. The biggest mistake in a suburb like this is anchoring to a neighbour's result from twelve or eighteen months ago, because today's buyers move fast on a fairly priced, well-presented home and negotiate firmly on anything that starts too high. A price built on this year's genuine local sales is what secures the result.
Median sale price for houses in Clifton Hill is $1,585,000, up 11.0% from last year.
Median sale price for units in Clifton Hill is $745,000, up 5.5% from last year.
Properties sold for houses in Clifton Hill is 89, down 12.7% from last year.
Properties sold for units in Clifton Hill is 39, up 39.3% from last year.
Auction clearance for houses in Clifton Hill is 65.3%, down 11.4% from last year.
Auction clearance for units in Clifton Hill is 85.7%, up 54.3% from last year.
Av days on market for houses in Clifton Hill is 36, down 16.3% from last year.
Av days on market for units in Clifton Hill is 21, down 16.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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