Auction Times
Sat 6 Apr | Auction Time | Agency | |
---|---|---|---|
63 Derrimut Street 2 1 1 House | 12:00 PM Sat 6th Apr | Douglas Kay Real Estate |
Median Sale Price
House
-
Updated on Jan 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $350,000 | 0.0% | $165,000 | $860,000 | 21 |
2010 | $440,000 | +20.5% | $330,000 | $867,000 | 18 |
2011 | $430,000 | -2.3% | $230,000 | $1,100,000 | 30 |
2012 | $380,000 | -13.2% | $285,000 | $989,000 | 27 |
2013 | $392,000 | +3.1% | $315,000 | $1,210,000 | 33 |
2014 | $430,000 | +8.8% | $321,500 | $615,000 | 41 |
2015 | $470,000 | +8.5% | $191,000 | $790,000 | 25 |
2016 | $616,500 | +23.8% | $180,000 | $1,060,000 | 32 |
2017 | $746,000 | +17.4% | $480,000 | $965,000 | 51 |
2018 | $750,000 | +0.5% | $520,000 | $1,156,000 | 33 |
2019 | $675,000 | -11.1% | $250,000 | $832,000 | 30 |
2020 | $720,000 | +6.3% | $571,000 | $880,500 | 20 |
2021 | $800,000 | +10.0% | $208,000 | $1,300,000 | 37 |
2022 | $815,000 | +1.8% | $610,000 | $1,125,000 | 29 |
2023 | $791,000 | -3.0% | $545,000 | $1,010,000 | 27 |
2024 | $705,000 | -12.2% | $220,000 | $960,000 | 11 |
Median Sale Price
$765K
Based on 37 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
-8.5%
Current Median Price: $765,000
Previous Median Price: $830,000
Based on 55 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $300 | 0.0% | $190 | $380 | 36 |
2012 | $275 | -9.1% | $170 | $360 | 41 |
2013 | $300 | +8.3% | $165 | $485 | 78 |
2014 | $315 | +4.8% | $190 | $400 | 42 |
2015 | $320 | +1.6% | $175 | $450 | 62 |
2016 | $340 | +5.9% | $180 | $460 | 65 |
2017 | $350 | +2.9% | $210 | $460 | 68 |
2018 | $365 | +4.1% | $210 | $500 | 75 |
2019 | $390 | +6.4% | $210 | $750 | 69 |
2020 | $350 | -11.4% | $240 | $530 | 41 |
2021 | $360 | +2.8% | $200 | $550 | 66 |
2022 | $380 | +5.3% | $250 | $630 | 64 |
2023 | $450 | +15.6% | $280 | $650 | 40 |
2024 | $420 | -7.1% | $375 | $480 | 5 |
Median Rent Price
$450
per week
Based on 30 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+15.6%
Current Median Rent: $450
Previous Median Rent: $380
Based on 97 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $765,000
Current Median rent: $450
Based on 67 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)
Auction Results For Albion
Houses sold in Last 12 months ends 23 Mar 2024
$807K
Median Sale Price
67%
Clearance Rate
14/21
Sold/Reported
$1.01M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$1 M - $1.2 M | 1 | |
$800 K - $1 M (Median Price Range) | 6 | |
$600 K - $800 K | 4 | |
$400 K - $600 K | 1 | |
Similar Suburbs to Albion 3020
Based on median house sale price sold in last 12 months
Schools closest to Albion, VIC 3020
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Albion Primary School | ADELAIDE STREETAlbion 3020 | Primary | Government | 0.18 km |
St Theresa's School | 16 DRUMMARTIN STAlbion 3020 | Primary | Catholic | 0.71 km |
Albion North Primary School | 67-73 FURLONG ROADSunshine North 3020 | Primary | Government | 1.52 km |
St Bernadette's School | 59 WESTMORELAND RDSunshine North 3020 | Primary | Catholic | 1.45 km |
Marian College | GLENGALA RDSunshine West 3020 | Secondary | Catholic | 1.67 km |
Sunshine Heights Primary School | 1-19 MAILEY STREETSunshine 3020 | Primary | Government | 1.83 km |
St Paul's Primary School | LINKS STSunshine West 3020 | Primary | Catholic | 1.67 km |
Sunshine Christian SchoolTop 100 | 81-83 WESTMORELAND ROADSunshine North 3020 | Primary | Independent | 1.67 km |
Sunshine North Primary School | 65 - 71 SUFFOLK ROADSunshine North 3020 | Primary | Government | 1.67 km |
Sunshine Primary School | CNR HAMPSHIRE & DERBY ROADSSunshine 3020 | Primary | Government | 1.93 km |