Wonga Park's median house price is up a strong 11.9 per cent this year to $1,650,500, the highest in this update, even as clearance has eased to 25.0 per cent, a reminder that at this end of the market buyers are taking their time. Days on market have improved sharply though, down 67.1 per cent to 28 days, suggesting the right home is still moving quickly once it lists.
Sales volume has eased slightly to 50 houses, consistent with the genuinely low stock levels shaping the wider area. Renovated properties continue to draw particularly strong interest, and buyers here, while patient, are prepared to pay well for the right home.
With many sellers favouring private sale over the pressure of auction day, and buyers no longer racing to outbid each other, Wonga Park rewards a well-prepared, realistically priced campaign over an ambitious one.
Median sale price for houses in Wonga Park is $1,650,500, up 12.6% from last year.
Properties sold for houses in Wonga Park is 50, down 7.4% from last year.
Properties sold for units in Wonga Park is 1
Auction clearance for houses in Wonga Park is 25.0%, down 16.7% from last year.
Av days on market for houses in Wonga Park is 29, down 59.2% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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