Bittern, VIC 3918
Compare Part of Mornington Peninsula
61.36 km
Distance from Melbourne CBD
4 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $340,000 | 0.0% | $215,000 | $1,050,000 | 46 |
| 2010 | $417,500 | +18.6% | $260,000 | $1,065,000 | 65 |
| 2011 | $445,000 | +6.2% | $262,000 | $2,850,000 | 46 |
| 2012 | $450,000 | +1.1% | $248,000 | $3,932,388 | 48 |
| 2013 | $440,000 | -2.3% | $187,000 | $2,815,000 | 105 |
| 2014 | $430,000 | -2.3% | $200,000 | $2,690,000 | 102 |
| 2015 | $440,000 | +2.3% | $260,000 | $1,200,000 | 57 |
| 2016 | $480,000 | +8.3% | $320,000 | $997,000 | 66 |
| 2017 | $568,000 | +15.5% | $392,000 | $1,215,000 | 66 |
| 2018 | $680,000 | +16.5% | $477,000 | $2,350,000 | 46 |
| 2019 | $620,000 | -9.7% | $300,000 | $1,549,750 | 68 |
| 2020 | $700,000 | +11.4% | $450,000 | $2,000,000 | 58 |
| 2021 | $755,000 | +7.3% | $520,000 | $2,100,000 | 63 |
| 2022 | $857,000 | +11.9% | $1,000 | $1,805,000 | 52 |
| 2023 | $852,500 | -0.5% | $605,000 | $3,980,000 | 44 |
| 2024 | $890,000 | +4.2% | $550,000 | $2,400,000 | 38 |
| 2025 | - | - | - | - | - |
Median Sale Price
$890K
Based on 38 recorded sales within the last 12 months
Updated on 7 Jan 2025
Suburb Growth
+4.2%
Current Median Price: $890,000
Previous Median Price: $852,500
Based on 82 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $225 | $450 | 18 |
| 2012 | $350 | 0.0% | $265 | $850 | 26 |
| 2013 | $340 | -2.9% | $235 | $750 | 47 |
| 2014 | $330 | -3.0% | $215 | $470 | 29 |
| 2015 | $320 | -3.1% | $285 | $460 | 29 |
| 2016 | $380 | +15.8% | $300 | $470 | 23 |
| 2017 | $380 | 0.0% | $230 | $700 | 27 |
| 2018 | $400 | +5.0% | $330 | $800 | 30 |
| 2019 | $470 | +14.9% | $265 | $750 | 43 |
| 2020 | $475 | +1.1% | $330 | $600 | 15 |
| 2021 | $530 | +10.4% | $370 | $1,200 | 18 |
| 2022 | $595 | +10.9% | $440 | $1,500 | 17 |
| 2023 | $600 | +0.8% | $425 | $1,800 | 19 |
| 2024 | $615 | +2.4% | $430 | $800 | 11 |
| 2025 | - | - | - | - | - |
Median Rent Price
$615
per week
Based on 11 recorded rent within the last 12 months
Updated on 7 Jan 2025
Rent Price Growth
+2.4%
Current Median Rent: $615
Previous Median Rent: $600
Based on 30 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $890,000
Current Median rent: $615
Based on 49 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Bittern
Houses sold in Last 12 months ends 4 Jan 2025
$1.1M
Median Sale Price
50%
Clearance Rate
2/4
Sold/Reported
$1.1M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 1 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Bittern 3918
Based on median house sale price sold in last 12 months
Schools closest to Bittern, VIC 3918
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Bittern Primary School | PORTSMOUTH ROADBittern 3918 | Primary | Government | 0.38 km |