Seddon's apartment market has produced a striking result this year, unit sales up 133.3 per cent and clearance climbing 60.0 per cent to 80.0 per cent. House sales are up too, 23.9 per cent to 109, even as the median has held essentially flat at $1,075,000.
Clearance for houses has eased though, down 11.5 per cent to 63.8 per cent, a reminder that buyers remain genuinely selective even in a market showing clear signs of increased activity. Days on market for houses have improved, down 12.5 per cent to 49 days.
Seddon's village character and proximity to Yarraville and Footscray continue to make it a genuinely popular pocket for buyers. The scale of the increase in apartment activity in particular stands out as one of the more notable shifts across this update.
Median sale price for houses in Seddon is $1,075,000, down 0.2% from last year.
Median sale price for units in Seddon is $570,000
Properties sold for houses in Seddon is 109, up 23.9% from last year.
Properties sold for units in Seddon is 21, up 133.3% from last year.
Auction clearance for houses in Seddon is 63.8%, down 11.5% from last year.
Auction clearance for units in Seddon is 80.0%, up 60.0% from last year.
Av days on market for houses in Seddon is 49, down 12.5% from last year.
Av days on market for units in Seddon is 81
$1,160,000
$1,075,000
$990,000
$960,000
$880,000
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