Median Sale Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $515,000 | 0.0% | $330,000 | $1,500,000 | 12 |
| 2010 | $551,000 | +6.5% | $547,500 | $685,000 | 7 |
| 2011 | $680,000 | +19.0% | $520,000 | $705,000 | 8 |
| 2012 | $604,000 | -12.6% | $505,000 | $760,000 | 6 |
| 2013 | $726,000 | +16.8% | $512,000 | $910,000 | 12 |
| 2014 | $590,000 | -23.1% | $530,000 | $740,000 | 7 |
| 2015 | $660,000 | +10.6% | $375,000 | $900,000 | 13 |
| 2016 | $830,000 | +20.5% | $650,000 | $1,680,000 | 12 |
| 2017 | $925,000 | +10.3% | $700,000 | $2,100,000 | 17 |
| 2018 | $1,100,000 | +15.9% | $550,002 | $1,300,000 | 13 |
| 2019 | $950,000 | -15.8% | $440,000 | $1,400,000 | 10 |
| 2020 | $902,000 | -5.3% | $790,000 | $1,520,000 | 5 |
| 2021 | $1,125,000 | +19.8% | $1,000,000 | $1,330,000 | 7 |
| 2022 | $1,300,000 | +13.5% | $905,000 | $1,822,000 | 11 |
| 2023 | $1,456,000 | +10.7% | $1,245,000 | $2,150,000 | 12 |
| 2024 | $1,525,000 | +4.5% | $1,045,000 | $1,525,000 | 2 |
Median Sale Price
$1.3M
Based on 5 recorded sales within the last 12 months
Updated on 28 Sep 2024
Suburb Growth
-12.0%
Current Median Price: $1,300,000
Previous Median Price: $1,456,000
Based on 15 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $350 | $650 | 4 |
| 2012 | $400 | -17.5% | $300 | $475 | 3 |
| 2013 | $360 | -11.1% | $285 | $525 | 7 |
| 2014 | $415 | +13.3% | $395 | $700 | 4 |
| 2015 | $315 | -31.7% | $225 | $650 | 18 |
| 2016 | $380 | +17.1% | $230 | $750 | 9 |
| 2017 | $350 | -8.6% | $230 | $650 | 8 |
| 2018 | $420 | +16.7% | $230 | $550 | 7 |
| 2019 | $600 | +30.0% | $230 | $690 | 11 |
| 2020 | $560 | -7.1% | $380 | $850 | 8 |
| 2021 | $700 | +20.0% | $425 | $990 | 6 |
| 2022 | $650 | -7.7% | $420 | $800 | 9 |
| 2023 | $850 | +23.5% | $600 | $1,250 | 9 |
| 2024 | $850 | 0.0% | $500 | $1,100 | 8 |
Median Rent Price
$750
per week
Based on 11 recorded rent within the last 12 months
Updated on 28 Sep 2024
Rent Price Growth
-18.7%
Current Median Rent: $750
Previous Median Rent: $890
Based on 17 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,300,000
Current Median rent: $750
Based on 16 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)
Schools closest to Devon Meadows, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Devon Meadows Primary School | WORTHING ROADDevon Meadows 3977 | Primary | Government | 1.39 km |