The fundamentals remain the same in Flemington, well-located homes still draw more interest than there is stock, and presentation is increasingly deciding which properties get the strongest response. Clean, well-maintained homes are consistently outperforming those left as is.
House prices are up 7.3 per cent year on year, even as clearance eases slightly to 66.2 per cent. Units tell a different story, prices down 9.4 per cent despite 167 sales this year, a genuine opening for value-focused buyers. Two-bedroom units at $554,500 remain the busiest single segment, still turning over in around three weeks.
Interstate investors are increasingly drawn to older-style two-bedroom apartments and villa units here, and Flemington's softer unit pricing is exactly the kind of opportunity they're circling. With the most active price band under $700,000, buyers are looking for stability before committing, and well-evidenced pricing continues to bring them off the fence quickly.
Median sale price for houses in Flemington is $1,100,000, up 7.5% from last year.
Median sale price for units in Flemington is $530,000, down 7.8% from last year.
Properties sold for houses in Flemington is 80, up 0.0% from last year.
Properties sold for units in Flemington is 178, down 1.1% from last year.
Auction clearance for houses in Flemington is 64.8%, down 15.7% from last year.
Auction clearance for units in Flemington is 60.0%, down 22.0% from last year.
Av days on market for houses in Flemington is 38, up 26.7% from last year.
Av days on market for units in Flemington is 35, down 25.5% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Ascot Vale's Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
