Viewbank's elevated streets, family homes and river-parkland proximity keep buyers engaged this month. Those attending opens value the outlook and the schools, and they tend to have already decided on the pocket.
The wider area is holding up steadily, with Heidelberg's family homes clearing in the high 50s to mid 60s. Viewbank's family homes with views and space sit in that active band.
Owners who present well and anchor their price to recent comparable sales are achieving results. Well-presented family stock priced to the evidence continues to find committed buyers.
Median sale price for houses in Viewbank is $1,220,000, up 7.2% from last year.
Properties sold for houses in Viewbank is 87, down 10.3% from last year.
Properties sold for units in Viewbank is 8, down 38.5% from last year.
Auction clearance for houses in Viewbank is 80.7%, down 2.4% from last year.
Auction clearance for units in Viewbank is 100.0%, up 25.0% from last year.
Av days on market for houses in Viewbank is 27, down 12.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Good property management should remove uncertainty, not create more of it.
If you're considering engaging a property manager, one of the first questions you're likely to ask is: how much does property management actually cost?
Owning an investment property and owning a good investment property are not necessarily the same thing. It’s an important distinction, and one that property investors should revisit regularly.
The Reserve Bank's decision to leave the cash rate on hold at 4.35 per cent is welcome news for buyers, sellers and businesses alike. While it's not a silver bullet for Melbourne's property market, it should provide some reassurance that the aggressive phase of the interest rate tightening cycle may be easing.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
