Mirboo North, VIC 3871
Compare Part of South Gippsland
123.53 km
Distance from Melbourne CBD
3 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 | $200,000 | 0.0% | $122,500 | $392,000 | 29 |
| 2010 | $245,000 | +18.4% | $72,000 | $532,000 | 50 |
| 2011 | $270,000 | +9.3% | $99,000 | $400,000 | 44 |
| 2012 | $258,500 | -4.4% | $51,000 | $625,000 | 31 |
| 2013 | $295,000 | +12.4% | $155,000 | $665,000 | 31 |
| 2014 | $268,000 | -10.1% | $155,000 | $665,000 | 29 |
| 2015 | $232,500 | -15.3% | $175,000 | $375,000 | 17 |
| 2016 | $295,000 | +21.2% | $118,000 | $635,000 | 38 |
| 2017 | $258,000 | -14.3% | $175,000 | $520,000 | 28 |
| 2018 | $335,500 | +23.1% | $131,500 | $660,000 | 46 |
| 2019 | $339,000 | +1.0% | $210,000 | $650,000 | 37 |
| 2020 | $401,000 | +15.5% | $242,000 | $720,000 | 43 |
| 2021 | $475,000 | +15.6% | $150,000 | $930,000 | 43 |
| 2022 | $602,000 | +21.1% | $375,000 | $1,375,000 | 33 |
| 2023 | $555,000 | -8.5% | $380,000 | $750,000 | 22 |
| 2024 | $581,000 | +4.5% | $370,000 | $1,140,000 | 6 |
Median Sale Price
$520K
Based on 20 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-10.6%
Current Median Price: $520,000
Previous Median Price: $575,000
Based on 48 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 | $245 | 0.0% | $170 | $1,083 | 16 |
| 2012 | $240 | -2.1% | $190 | $260 | 6 |
| 2013 | $250 | +4.0% | $220 | $270 | 9 |
| 2014 | $250 | 0.0% | $170 | $340 | 12 |
| 2015 | $260 | +3.8% | $198 | $390 | 33 |
| 2016 | $265 | +1.9% | $175 | $350 | 26 |
| 2017 | $280 | +5.4% | $180 | $340 | 22 |
| 2018 | $270 | -3.7% | $220 | $335 | 17 |
| 2019 | $310 | +12.9% | $250 | $600 | 14 |
| 2020 | $330 | +6.1% | $204 | $460 | 5 |
| 2021 | $330 | 0.0% | $250 | $480 | 9 |
| 2022 | $380 | +13.2% | $270 | $1,651 | 16 |
| 2023 | $380 | 0.0% | $350 | $2,172 | 13 |
| 2024 | $440 | +13.6% | $270 | $480 | 4 |
Median Rent Price
$400
per week
Based on 13 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+5.0%
Current Median Rent: $400
Previous Median Rent: $380
Based on 31 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $520,000
Current Median rent: $400
Based on 33 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 Mirboo North
Houses sold in Last 12 months ends 13 Apr 2024
$545K
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$555K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 3 | |
Similar Suburbs to Mirboo North 3871
Based on median house sale price sold in last 12 months
Schools closest to Mirboo North, VIC 3871
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mirboo North Primary School | BALOOK STREETMirboo North 3871 | Primary | Government | 0.94 km |
| Mirboo North Secondary College | CASTLE STREETMirboo North 3871 | Secondary | Government | 1.1 km |