Market Analysis “The first quarter of 2024 has shown some notable shifts in the real estate landscape within city fringe suburbs. There's been a noticeable uptick in the value of land suitable for redevelopment, appealing to those seeking to either upsize or downsize their accommodations while staying within the area. Similarly, renovated or nearly new homes have been achieving impressive results. These trends reflect a dynamic market with opportunities for both buyers and sellers. It will be intriguing to observe how these patterns evolve over the remainder of the year." Kosta Zaharogiannis College Park • Sales: 6 houses • Median value: $1.97m • Change in median value past 12 months: 12%+ St Peters • Sales: 12 houses • Median value: $2.02m • Change in median value past 12 months: 13.4%+ Joslin • Sales: 6 houses • Median value: $1.86m • Change in median value past 12 months: 9.7%+ Royston Park • Sales: 6 houses • Median value: $1.59m • Change in median value past 12 months: 9.6%+ Market Review.
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