Doolandella’s real estate market is currently experiencing a period of exponential growth, which makes it an opportune time for homeowners to consider selling. The suburb has seen a remarkable 21.4% increase in median house prices over the last year, bringing the median value to an impressive &770,000. This substantial increase, coupled with a median time on the market of just 13 days, indicates a high demand for properties in the area and a limited supply, creating a strong seller’s market
The appeal of Doolandella extends to a diverse range of buyers, including both families and individual homeowners, with families making up over half of the households. This diverse pool further fuels demand and contributes to the market’s robustness. The steady increase in property values over the past five years, culminating in the current high, further solidifies Doolandella’s position as a prime location for real estate investment and highlights the potential for significant retursn on investment for those ooking to sell
The combination of high demand, low supply and a diverse buyer pool presents a unique opportunity for homeowners in Doolandella to capitalise on the current market conditions. With properties selling quickly and prices continuing to rise, sellers are well-positioned to secure a favourable outcome for their property. Whether you’re looking to upgrade, downsize, or simply take advantage of the current market, selling your home in Doolandella could be a wise financial decision.
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