Notting Hill's proximity to Monash keeps first home buyers and investors competing for the same stock this month. Buyers are selective, so presentation is making a bigger difference to outcomes, and well-presented, accurately priced homes are attracting the strongest interest.
The mood is cautious confidence. Buyers are active and ready to purchase quality homes but taking time to compare and expecting good value. Move-in-ready properties close to transport and the university are the standouts.
Owners who price realistically and present their homes well are continuing to achieve strong results. With quality stock still drawing competition, the right timing and launch strategy are worth getting right.
Median sale price for houses in Notting Hill is $1,171,000, up 1.5% from last year.
Median sale price for units in Notting Hill is $429,000, up 22.6% from last year.
Properties sold for houses in Notting Hill is 18, down 43.8% from last year.
Properties sold for units in Notting Hill is 51, down 23.9% from last year.
Auction clearance for houses in Notting Hill is 63.2%, down 31.6% from last year.
Auction clearance for units in Notting Hill is 75.0%, down 25.0% from last year.
Av days on market for units in Notting Hill is 17, down 37.0% from last year.
$1,720,000
$1,560,000
$1,171,000
$1,152,500
$1,120,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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