Mount Evelyn's clearance rate has turned a genuine corner this year, up a striking 320 per cent to 60 per cent, a clear sign of buyers following through with real conviction rather than just attending opens. House prices are up 5.7 per cent to $892,000, with 140 sales this year and days on market down 22.2 per cent to just 14 days, among the fastest results anywhere in this update.
With 91 per cent of homes owner-occupied, this remains a settled, family-first suburb at the foothills of the ranges. Apartments remain a very small part of the market here, with only a handful of sales recorded.
Stock coming to market right now is genuinely limited, with many owners preferring to wait for spring, and that scarcity is working firmly in sellers' favour. Homes priced to the current market, especially those under $1 million, are seeing very strong numbers at opens and are not sitting long.
Median sale price for houses in Mount Evelyn is $894,000, up 5.1% from last year.
Properties sold for houses in Mount Evelyn is 141, up 2.9% from last year.
Properties sold for units in Mount Evelyn is 6, down 33.3% from last year.
Auction clearance for houses in Mount Evelyn is 50.0%, up 100.0% from last year.
Auction clearance for units in Mount Evelyn is 100.0%
Av days on market for houses in Mount Evelyn is 14, down 22.2% from last year.
$1,000,000
$928,750
$900,000
$894,000
$890,000
$845,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
