Glen Waverley's apartment market is building real momentum this year, unit sales up 19.6 per cent to 195, even as clearance has eased 12.1 per cent to 71.8 per cent. The median house price has climbed 6.0 per cent to $1,735,000, one of the strongest results in this update, while house sales have eased 5.7 per cent to 567.
Days on market have improved across both markets, down 3.8 per cent for houses to 50 days and down 6.4 per cent for units to 44 days. House clearance has eased though, down 8.0 per cent to 69.3 per cent, suggesting buyers at the top of the market remain genuinely selective.
Glen Waverley's renowned shopping precinct, reputable schools and strong local community continue to make it one of the most sought-after suburbs in this part of Melbourne's south-east, and this year's price growth reflects that enduring demand.
Median sale price for houses in Glen Waverley is $1,701,000, up 2.9% from last year.
Median sale price for units in Glen Waverley is $796,000, up 2.7% from last year.
Properties sold for houses in Glen Waverley is 563, down 2.8% from last year.
Properties sold for units in Glen Waverley is 193, up 14.2% from last year.
Auction clearance for houses in Glen Waverley is 68.2%, down 6.4% from last year.
Auction clearance for units in Glen Waverley is 74.1%, down 7.0% from last year.
Av days on market for houses in Glen Waverley is 56, up 3.7% from last year.
Av days on market for units in Glen Waverley is 39, down 20.4% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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