Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 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% | $525,000 | $894,888 | 8 |
Median Sale Price
$800K
Based on 8 recorded sales within the last 12 months
Updated on 28 Dec 2024
Suburb Growth
-52.5%
Current Median Price: $800,000
Previous Median Price: $1,220,000
Based on 12 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 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 9 recorded rent within the last 12 months
Updated on 28 Dec 2024
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 18 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 17 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Derrimut
Houses sold in Last 12 months ends 21 Dec 2024
$730K
Median Sale Price
80%
Clearance Rate
16/20
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) | 10 | |
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 |