Nunawading is seeing its strongest first home buyer and investor activity of the year this month. Below $700k, units and apartments are turning over quickly and in some cases attracting multiple buyers on the same property. The combination of Eastlink access, proximity to Box Hill and Ringwood, and a price point that's genuinely accessible is driving that inquiry.
The house market is slower but tracking. Buyers priced out of Mitcham or Blackburn South are finding Nunawading the logical next step, and that buyer tends to be serious. The value relative to neighbouring suburbs is clear to anyone who runs the numbers.
Median sale price for houses in Nunawading is $1,180,000, up 5.8% from last year.
Median sale price for units in Nunawading is $745,000, up 8.8% from last year.
Properties sold for houses in Nunawading is 140, down 2.8% from last year.
Properties sold for units in Nunawading is 57, up 26.7% from last year.
Auction clearance for houses in Nunawading is 80.8%, up 3.3% from last year.
Auction clearance for units in Nunawading is 82.1%, up 73.4% from last year.
Av days on market for houses in Nunawading is 39, down 23.5% from last year.
Av days on market for units in Nunawading is 40, up 11.1% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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