Niddrie's apartment market is the standout this year, with unit prices up 22.7 per cent to $865,000, even as sales volume eased 32.0 per cent. The house market has softened slightly, the median down 4.8 per cent to $1,200,000, though clearance has jumped a strong 16.9 per cent to 73.5 per cent.
That combination, a lower median but sharply higher clearance, suggests genuine buyer engagement even as pricing finds a more accessible level than in previous months. Days on market for houses have also improved, down 18.0 per cent to 41 days.
With 117 house sales this year, Niddrie remains one of the more active markets in this part of Melbourne's north-west, and the strength of the apartment segment in particular stands out against the wider pattern seen across neighbouring suburbs this year.
Median sale price for houses in Niddrie is $1,200,000, down 4.8% from last year.
Median sale price for units in Niddrie is $865,000, up 22.7% from last year.
Properties sold for houses in Niddrie is 117, down 4.9% from last year.
Properties sold for units in Niddrie is 17, down 32.0% from last year.
Auction clearance for houses in Niddrie is 73.5%, up 16.9% from last year.
Auction clearance for units in Niddrie is 63.6%, up 1.8% from last year.
Av days on market for houses in Niddrie is 41, down 18.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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