Yarraville's clearance rate has climbed sharply this year, up 6.6 per cent to 73.3 per cent for houses and up 10.9 per cent to 70.6 per cent for units, even as overall sales volume has eased slightly. The median house price is up 4.5 per cent to $1,160,000, with units up 7.1 per cent to $600,000.
Days on market have improved across both markets too, down 8.0 per cent for houses to 46 days and down 17.9 per cent for units to 32 days, a genuine sign of buyers moving with more confidence once they find the right property.
With its village atmosphere, restored cinema and well-regarded schools, Yarraville continues to draw strong underlying demand. That combination of rising clearance, rising prices and faster sales points to a market with real momentum heading into the spring selling season.
Median sale price for houses in Yarraville is $1,160,000, up 4.5% from last year.
Median sale price for units in Yarraville is $600,000, up 7.1% from last year.
Properties sold for houses in Yarraville is 286, down 4.3% from last year.
Properties sold for units in Yarraville is 77, down 1.3% from last year.
Auction clearance for houses in Yarraville is 73.3%, up 6.6% from last year.
Auction clearance for units in Yarraville is 70.6%, up 10.9% from last year.
Av days on market for houses in Yarraville is 46, down 8.0% from last year.
Av days on market for units in Yarraville is 32, down 17.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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