Cape Paterson, VIC 3995
Compare Part of Bass Coast
111.33 km
Distance from Melbourne CBD
9 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $320,000 | 0.0% | $235,000 | $505,000 | 37 |
| 2010 | $377,000 | +15.1% | $230,000 | $850,000 | 38 |
| 2011 | $420,000 | +10.2% | $195,000 | $900,000 | 29 |
| 2012 | $370,000 | -13.5% | $270,000 | $648,000 | 17 |
| 2013 | $337,000 | -9.8% | $220,000 | $510,000 | 36 |
| 2014 | $350,000 | +3.7% | $250,000 | $1,200,000 | 44 |
| 2015 | $360,000 | +2.8% | $70,000 | $825,000 | 45 |
| 2016 | $360,000 | 0.0% | $230,000 | $1,150,000 | 47 |
| 2017 | $411,200 | +12.5% | $35,000 | $616,000 | 54 |
| 2018 | $454,000 | +9.4% | $288,000 | $852,000 | 39 |
| 2019 | $540,000 | +15.9% | $385,000 | $805,000 | 36 |
| 2020 | $630,000 | +14.3% | $360,000 | $1,190,000 | 32 |
| 2021 | $791,000 | +20.4% | $450,000 | $1,350,000 | 48 |
| 2022 | $920,000 | +14.0% | $681,000 | $1,420,000 | 30 |
| 2023 | $860,000 | -7.0% | $630,000 | $2,200,000 | 33 |
| 2024 | $850,000 | -1.2% | $590,000 | $1,085,000 | 9 |
Median Sale Price
$860K
Based on 34 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+6.5%
Current Median Price: $860,000
Previous Median Price: $804,500
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $260 | $2,500 | 25 |
| 2012 | $325 | -38.5% | $180 | $2,000 | 55 |
| 2013 | $275 | -18.2% | $170 | $1,800 | 71 |
| 2014 | $300 | +8.3% | $200 | $3,200 | 38 |
| 2015 | $270 | -11.1% | $175 | $2,500 | 45 |
| 2016 | $280 | +3.6% | $200 | $1,610 | 37 |
| 2017 | $270 | -3.7% | $190 | $910 | 17 |
| 2018 | $320 | +15.6% | $230 | $450 | 17 |
| 2019 | $360 | +11.1% | $280 | $400 | 7 |
| 2020 | $370 | +2.7% | $280 | $2,200 | 12 |
| 2021 | $420 | +11.9% | $330 | $460 | 7 |
| 2022 | $440 | +4.5% | $330 | $520 | 16 |
| 2023 | $400 | -10.0% | $350 | $540 | 21 |
| 2024 | $450 | +11.1% | $380 | $515 | 6 |
Median Rent Price
$430
per week
Based on 16 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+4.7%
Current Median Rent: $430
Previous Median Rent: $410
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $860,000
Current Median rent: $430
Based on 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Cape Paterson
Houses sold in Last 12 months ends 13 Apr 2024
$695K
Median Sale Price
100%
Clearance Rate
5/5
Sold/Reported
$943K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 1 | |
| $600 K - $800 K (Median Price Range) | 4 | |
Similar Suburbs to Cape Paterson 3995
Based on median house sale price sold in last 12 months