Templestowe Lower's apartment market is moving considerably faster this year, days on market down 61.5 per cent to just 30 days, with prices up 6.8 per cent to $775,051. House clearance has improved too, up 6.7 per cent to a strong 71.5 per cent, even as the median has climbed a modest 2.7 per cent to $1,335,000.
House days on market have stretched though, up 43.6 per cent to 56 days, a sign that buyers are taking real time to study recent sales before committing to anything less than genuinely walk-in ready. Unit clearance has eased, down 28.2 per cent to 66.7 per cent, reflecting buyers who remain selective.
With value the clear driver of decisions this year, well-presented homes priced to reflect exactly what's sold recently in Templestowe Lower are the ones converting buyer interest into results.
Median sale price for houses in Templestowe Lower is $1,330,000, up 2.3% from last year.
Median sale price for units in Templestowe Lower is $760,101, up 4.7% from last year.
Properties sold for houses in Templestowe Lower is 236, down 7.8% from last year.
Properties sold for units in Templestowe Lower is 45, down 2.2% from last year.
Auction clearance for houses in Templestowe Lower is 70.5%, up 2.7% from last year.
Auction clearance for units in Templestowe Lower is 68.8%, down 25.5% from last year.
Av days on market for houses in Templestowe Lower is 60, up 57.9% from last year.
Av days on market for units in Templestowe Lower is 30, down 66.7% from last year.
$1,550,000
$1,420,000
$1,330,000
$1,318,000
$1,270,000
$1,216,500
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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