Donvale's apartment market has produced a striking result this year, unit sales up 96.3 per cent and clearance climbing 27.8 per cent to a strong 91.3 per cent. House prices are up too, 2.6 per cent to $1,550,000, though house sales have held essentially flat at 153.
Days on market for units have improved sharply, down 28.9 per cent to just 27 days, while houses have eased slightly to 50 days. Buyers here remain focused on genuine value, and walk-in ready homes continue to draw the strongest interest of anything on the market.
With close to nine in ten homes here houses rather than apartments, Donvale remains a settled, leafy suburb, and the sheer scale of this year's lift in apartment activity stands out as one of the more notable shifts anywhere in the wider Doncaster area.
Median sale price for houses in Donvale is $1,550,000, up 2.6% from last year.
Median sale price for units in Donvale is $810,000, up 15.7% from last year.
Properties sold for houses in Donvale is 153, up 0.0% from last year.
Properties sold for units in Donvale is 53, up 96.3% from last year.
Auction clearance for houses in Donvale is 67.0%, down 9.8% from last year.
Auction clearance for units in Donvale is 91.3%, up 27.8% from last year.
Av days on market for houses in Donvale is 50, up 6.4% from last year.
Av days on market for units in Donvale is 27, down 28.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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