Glen Iris is riding the same flight to quality defining this part of the market right now, and buyers are voting with their wallets. House prices are up 4.0 per cent year on year and units even further, up 8.9 per cent, a genuinely rare result while prices ease almost everywhere else nearby.
Buyers want solid, established homes with real garden space, exactly the quality construction over new development that's increasingly in demand across this pocket. Apartments are clearing strongly too, up 22.8 per cent to 77.1 per cent, reflecting genuine depth across every bracket here.
As sentiment lifts with the weather and footy finals underway, plenty of buyers are trying to stay ahead of the curve here. Glen Iris's rare price growth against the wider trend reflects exactly the kind of quality-driven demand shaping this part of the market right now.
Median sale price for houses in Glen Iris is $2,235,000, up 1.9% from last year.
Median sale price for units in Glen Iris is $689,000, up 11.1% from last year.
Properties sold for houses in Glen Iris is 271, down 14.0% from last year.
Properties sold for units in Glen Iris is 247, down 1.2% from last year.
Auction clearance for houses in Glen Iris is 63.1%, down 10.8% from last year.
Auction clearance for units in Glen Iris is 74.6%, up 22.2% from last year.
Av days on market for houses in Glen Iris is 45, up 21.6% from last year.
Av days on market for units in Glen Iris is 34, down 15.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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