Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 10 Colchester Vista 4 2 2 House | 1:00 PM Sat 23rd Nov | Agency HQ (Australia) |
Thu 28 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 82 Westminster Parkway 4 2 2 House | 7:00 PM Thu 28th Nov | Harcourts Deer Park/Cairnlea |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 9 Joy Avenue 4 2 2 House | 10:30 AM Sat 30th Nov | Barry Plant |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $370,000 | 0.0% | $175,000 | $560,000 | 68 |
| 2010 | $410,000 | +9.8% | $265,000 | $720,000 | 81 |
| 2011 | $450,000 | +8.9% | $326,200 | $770,000 | 69 |
| 2012 | $407,000 | -10.6% | $280,000 | $645,000 | 70 |
| 2013 | $415,000 | +1.9% | $233,000 | $718,000 | 119 |
| 2014 | $440,000 | +5.7% | $310,000 | $695,000 | 109 |
| 2015 | $468,000 | +6.0% | $341,000 | $1,600,000 | 120 |
| 2016 | $530,000 | +11.7% | $348,000 | $1,085,000 | 103 |
| 2017 | $620,000 | +14.5% | $406,000 | $912,000 | 103 |
| 2018 | $615,000 | -0.8% | $480,000 | $975,000 | 58 |
| 2019 | $601,000 | -2.3% | $540,000 | $675,000 | 3 |
| 2020 | $700,000 | +14.1% | $540,000 | $725,000 | 3 |
| 2021 | $715,000 | +2.1% | $527,000 | $866,000 | 11 |
| 2022 | $785,000 | +8.9% | $712,000 | $855,000 | 3 |
| 2023 | $1,220,000 | +35.7% | $738,000 | $1,265,000 | 4 |
| 2024 | $800,000 | -52.5% | $726,000 | $830,000 | 4 |
Median Sale Price
$800K
Based on 4 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-52.5%
Current Median Price: $800,000
Previous Median Price: $1,220,000
Based on 8 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $260 | $450 | 109 |
| 2012 | $340 | 0.0% | $290 | $470 | 110 |
| 2013 | $350 | +2.9% | $250 | $500 | 133 |
| 2014 | $360 | +2.8% | $310 | $500 | 104 |
| 2015 | $365 | +1.4% | $300 | $560 | 107 |
| 2016 | $400 | +8.8% | $330 | $590 | 89 |
| 2017 | $400 | 0.0% | $345 | $630 | 99 |
| 2018 | $420 | +4.8% | $350 | $600 | 71 |
| 2019 | $400 | -5.0% | $290 | $610 | 157 |
| 2020 | $400 | 0.0% | $300 | $620 | 100 |
| 2021 | $390 | -2.6% | $135 | $650 | 182 |
| 2022 | $430 | +9.3% | $250 | $1,150 | 379 |
| 2023 | $550 | +21.8% | $390 | $630 | 9 |
| 2024 | $550 | 0.0% | $500 | $780 | 9 |
Median Rent Price
$550
per week
Based on 11 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+16.4%
Current Median Rent: $550
Previous Median Rent: $460
Based on 32 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $800,000
Current Median rent: $550
Based on 15 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Derrimut
Houses sold in Last 12 months ends 16 Nov 2024
$721K
Median Sale Price
80%
Clearance Rate
12/15
Sold/Reported
$1.27M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K (Median Price Range) | 7 | |
Similar Suburbs to Derrimut 3030
Based on median house sale price sold in last 12 months
Schools closest to Derrimut, VIC 3030
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Derrimut Primary School | 40 LENNON PARKWAYDerrimut 3030 | Primary | Government | 1.11 km |
| St Lawrence School | Derrimut 3030 | Primary | Catholic | 1.42 km |