Parkville remains one of the most tightly held pockets in the inner north, and when a home does list, buyers take their time. Three-bedroom houses near $1.73 million are clearing at around four in ten over roughly eight weeks, among the most measured results anywhere in this update.
Even so, activity is genuinely up, house sales rose 30.3 per cent this year and unit sales climbed 41.0 per cent, suggesting more buyers are willing to commit when the right home appears. Turn-key homes near the parklands remain what buyers are most excited about.
With so few comparable sales, presentation and a price grounded firmly in this year's evidence matter enormously here. Buyers are discerning and patient, and a home that looks ahead of the market will simply wait longer than one priced to reflect the genuine, if modest, competition that exists.
Median sale price for houses in Parkville is $1,749,000, up 2.3% from last year.
Median sale price for units in Parkville is $450,000, down 7.1% from last year.
Properties sold for houses in Parkville is 40, up 8.1% from last year.
Properties sold for units in Parkville is 83, up 33.9% from last year.
Auction clearance for houses in Parkville is 58.3%, down 1.3% from last year.
Auction clearance for units in Parkville is 62.5%, up 40.6% from last year.
Av days on market for houses in Parkville is 53, down 13.1% from last year.
Av days on market for units in Parkville is 41, down 29.3% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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