McCrae's house market is trading at a more measured pace this year, with the median easing slightly to $1,190,000 and clearance softening to 41.7 per cent. Days on market have improved though, down 32.8 per cent to 43 days, suggesting the properties that are presented well and priced to the market are still finding buyers relatively quickly.
The small unit market is a standout, clearing at a perfect 100 per cent, up 200 per cent on last year. Buyers here want the full Peninsula lifestyle, proximity to the beach and Arthurs Seat, and a home they can move into without significant work.
With buyers increasingly price sensitive and often working through two or three inspections before committing, sellers who present their home well and price it to current conditions, rather than past expectations, are seeing the strongest results in McCrae right now.
Median sale price for houses in Mccrae is $1,135,000, down 5.4% from last year.
Properties sold for houses in Mccrae is 80, down 4.8% from last year.
Properties sold for units in Mccrae is 7, up 0.0% from last year.
Auction clearance for houses in Mccrae is 48.0%, down 10.9% from last year.
Auction clearance for units in Mccrae is 100.0%, up 200.0% from last year.
Av days on market for houses in Mccrae is 43, down 38.6% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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