Notting Hill's unit market is the standout here, with prices up 22.6 per cent this year to $429,000, even as overall unit sales eased. Buyers seeking accessible, well-located apartments are getting excited about the value on offer, particularly given the suburb's proximity to Monash University and the medical precinct.
The house market is more selective right now, with clearance easing to 63.2 per cent as buyers take a more considered approach to the fewer homes on offer. That caution is consistent with the broader mood, buyers are active but measured, and well-presented, realistically priced properties are what's cutting through.
With upsizers dominant in the $700,000 to $1.2 million range, sellers here need strong marketing and accurate pricing more than ever. A property guided by current conditions, rather than what a similar home achieved last year, is the one most likely to convert genuine buyer interest into a result.
Median sale price for houses in Notting Hill is $1,175,000, up 3.4% from last year.
Median sale price for units in Notting Hill is $430,000, up 23.7% from last year.
Properties sold for houses in Notting Hill is 19, down 36.7% from last year.
Properties sold for units in Notting Hill is 47, down 31.9% from last year.
Auction clearance for houses in Notting Hill is 63.2%, down 31.4% from last year.
Auction clearance for units in Notting Hill is 66.7%, down 33.3% from last year.
Av days on market for units in Notting Hill is 17, down 32.0% from last year.
$1,701,000
$1,556,000
$1,175,000
$1,160,000
$1,125,500
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.
Find Oakleigh's Best Real Estate Agents at Woodards
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
