Median sale price for houses in North Melbourne is $1,242,500, down 1.7% from last year.
Median sale price for units in North Melbourne is $561,000, up 18.1% from last year.
Properties sold for houses in North Melbourne is 118, down 5.6% from last year.
Properties sold for units in North Melbourne is 363, up 16.0% from last year.
Auction clearance for houses in North Melbourne is 62.2%, down 1.7% from last year.
Auction clearance for units in North Melbourne is 79.4%, up 11.2% from last year.
Av days on market for houses in North Melbourne is 42, down 20.8% from last year.
Av days on market for units in North Melbourne is 34, down 12.8% from last year.
$1,730,000
$1,295,000
$1,242,500
$1,130,000
$1,100,000
$472,000
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.
Melbourne is absolutely abuzz in September when finals footy starts up. This year it’s bigger than ever, thanks to the shake up of the new wildcard rounds.
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