Kingsville's apartment market has produced one of the standout results in this update, unit sales up 111.8 per cent this year and clearance climbing 21.2 per cent to 72.7 per cent. House sales are up too, 3.8 per cent to 82, with clearance holding at a strong 76.8 per cent.
The median house price has eased though, down 7.7 per cent to $1,015,000, even as the median unit price is up 2.0 per cent to $452,000. Days on market for houses have stretched to 65, up 32.7 per cent, a sign that buyers at this end are taking more time to commit.
Kingsville's proximity to Yarraville and Seddon continues to make it a genuinely popular, tightly held pocket, and the scale of the increase in apartment activity here is one of the more notable shifts across this update.
Median sale price for houses in Kingsville is $990,000, down 10.0% from last year.
Median sale price for units in Kingsville is $475,000, up 10.1% from last year.
Properties sold for houses in Kingsville is 79, down 4.8% from last year.
Properties sold for units in Kingsville is 37, up 131.3% from last year.
Auction clearance for houses in Kingsville is 77.2%, up 6.6% from last year.
Auction clearance for units in Kingsville is 69.2%, up 38.5% from last year.
Av days on market for houses in Kingsville is 61, up 24.5% from last year.
Av days on market for units in Kingsville is 38
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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