Pascoe Vale South's house clearance has climbed sharply this year, up 19.6 per cent to 70.1 per cent, one of the strongest improvements anywhere in this update. The median house price is up 6.2 per cent to $1,231,000, with sales volume up 14.6 per cent to 180, a genuinely strong result.
The apartment market has cooled though, unit prices down 22.3 per cent and sales down 18.2 per cent, a sign that buyers at this smaller end of the market remain considerably more selective. Days on market have improved across both, down 17.6 per cent for houses and 24.5 per cent for units.
With house prices and clearance both climbing solidly, Pascoe Vale South's family home market is showing some of the clearest signs of improving confidence anywhere in this part of Melbourne's north-west this year.
Median sale price for houses in Pascoe Vale South is $1,231,750, up 6.5% from last year.
Median sale price for units in Pascoe Vale South is $540,250, down 22.3% from last year.
Properties sold for houses in Pascoe Vale South is 185, up 15.6% from last year.
Properties sold for units in Pascoe Vale South is 26, down 27.8% from last year.
Auction clearance for houses in Pascoe Vale South is 70.9%, up 20.5% from last year.
Auction clearance for units in Pascoe Vale South is 63.6%, down 12.5% from last year.
Av days on market for houses in Pascoe Vale South is 44, down 22.8% from last year.
Av days on market for units in Pascoe Vale South is 37, down 31.5% from last year.
$1,657,500
$1,450,000
$1,231,750
$1,202,500
$1,202,500
$942,500
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