Collingwood's apartment market rewards presentation above almost everything else. Two-bedroom units are the clear favourite, clearing at 73.7 per cent, up a strong 30.4 per cent on last year, as professionals and investors compete for homes they can move straight into without further work.
Houses are a smaller but steady part of the market, up 10.7 per cent in price to $1.328 million with 75 sales this year. Buyers across the suburb remain price sensitive, comparing closely and quick to move past anything that looks like it needs work before they will commit to an offer.
With more listings expected as spring approaches, competition for well-presented apartments should stay strong. Sellers who price accurately and present their home well are seeing the fastest results, while anything pitched ahead of this year's genuine sales is likely to sit.
Median sale price for houses in Collingwood is $1,325,000, up 10.4% from last year.
Median sale price for units in Collingwood is $615,000, up 0.8% from last year.
Properties sold for houses in Collingwood is 77, up 14.9% from last year.
Properties sold for units in Collingwood is 223, down 9.7% from last year.
Auction clearance for houses in Collingwood is 66.7%, down 6.3% from last year.
Auction clearance for units in Collingwood is 77.8%, up 22.2% from last year.
Av days on market for houses in Collingwood is 39, up 11.4% from last year.
Av days on market for units in Collingwood is 31, down 22.5% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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