Median Sales Price
Property prices in Bridgeman Downs have performed strongly over the past 12 months.
The median sale price for Bridgeman Downs for houses is currently $954,000, having risen 15.7% over the past 12 months from $824,900.
There have been 208 properties listed for sale over the past 12 months. This is higher than the same time last year when there were 206 listings and shows that we have more sellers coming onto the market than for the same time last year. On the sales side, 229 properties sold over the past 12 months compared to 178 for the previous year.
The current time on market for a house in Bridgeman Downs is 14 days. This timing is shorter than a typical 4 week auction campaign.
For units, the median sales price is $413,500. Apartment have performed strongly by 4.7% over the year. Units in Bridgeman Downs typically sit on the market for 49 days.
Property market data can sometimes seem overwhelming. If you need help understanding what these numbers mean for you and how to interpret them for your own property goals, please don’t hesitate to get in touch.
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Quarterly Median Trend
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Definitions and Disclaimers
Data provided by the January 2022 CoreLogic Market Trends dataset. Sales metrics are for the period 2021-10-31 unless otherwise stated. For listings, Jan 2021 to Dec 2021.
The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.
While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Article Source: CoreLogic
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