Kew East's apartment market has produced the standout result in this update, unit prices up a striking 18.7 per cent this year to $890,000. The house market is more measured, the median essentially flat at $2,090,000, with days on market improving 10.2 per cent to 44 days.
Sales volume has eased slightly across both, down 3.3 per cent for houses and 17.2 per cent for units, consistent with buyers weighing broader caution about the market even as genuine opportunities emerge for those ready to act. Downsizers remain the dominant buyer type here.
With family homes continuing to be desirable and stock levels improving across the wider area, vendors who follow their agent's guidance on pricing and presentation are best placed to convert this year's more considered buyer pool into a genuine result.
Median sale price for houses in Kew East is $2,057,500, up 2.2% from last year.
Median sale price for units in Kew East is $830,000, up 7.5% from last year.
Properties sold for houses in Kew East is 89, up 2.3% from last year.
Properties sold for units in Kew East is 29, up 16.0% from last year.
Auction clearance for houses in Kew East is 61.0%, down 18.6% from last year.
Auction clearance for units in Kew East is 68.2%, up 2.3% from last year.
Av days on market for houses in Kew East is 53, up 15.2% from last year.
Av days on market for units in Kew East is 65, up 150.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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