Rosebud is Melbourne's highest-volume Peninsula suburb by some margin, with 386 house sales this year, and something notable is shifting within that volume. Four and five-bedroom homes that had felt stagnant for months have started selling and going unconditional, with noticeably quicker time on market all of a sudden.
The median house price is up 5.2 per cent to $810,000, and the unit market is a genuine standout, clearing at a perfect 100 per cent, up 50 per cent on last year. Buyers here want the full coastal lifestyle, close to the beach with room to move, and something they can walk into without a major reno.
With upgraders the dominant buyer type in the $700,000 to $1.2 million range, and demand for the right home strong against relatively weak supply, well-presented larger family homes in Rosebud are experiencing a genuine shift in momentum right now.
Median sale price for houses in Rosebud is $800,000, up 3.2% from last year.
Median sale price for units in Rosebud is $662,500, up 4.2% from last year.
Properties sold for houses in Rosebud is 376, down 5.3% from last year.
Properties sold for units in Rosebud is 51, down 12.1% from last year.
Auction clearance for houses in Rosebud is 58.8%, down 9.0% from last year.
Auction clearance for units in Rosebud is 100.0%, up 40.0% from last year.
Av days on market for houses in Rosebud is 34, down 5.6% from last year.
Av days on market for units in Rosebud is 55, down 14.1% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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