Fitzroy North's house market is delivering some of the most consistent results in the inner north this month. Prices are up 12.1 per cent year on year to $1.6 million, with 204 sales, a strong 17.2 per cent increase, and clearance holding at 72.2 per cent right across two, three and four-bedroom homes.
That kind of demand outstripping available stock is exactly what is drawing upsizers to the area, particularly for character homes near Edinburgh Gardens that buyers can move into and enjoy without significant further work. The apartment market is more selective, clearing at a more measured rate as buyers compare their options.
With a hint of spring building and more supply expected in coming months, sellers of well-presented character homes are well placed. A price built on this year's genuine sales, rather than an outdated figure, is what keeps buyers engaged through to an offer.
Median sale price for houses in Fitzroy North is $1,600,000, up 9.6% from last year.
Median sale price for units in Fitzroy North is $610,000, up 8.0% from last year.
Properties sold for houses in Fitzroy North is 198, up 10.6% from last year.
Properties sold for units in Fitzroy North is 104, up 14.3% from last year.
Auction clearance for houses in Fitzroy North is 69.5%, down 7.4% from last year.
Auction clearance for units in Fitzroy North is 57.9%, up 15.8% from last year.
Av days on market for houses in Fitzroy North is 39, down 17.0% from last year.
Av days on market for units in Fitzroy North is 51, up 27.5% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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