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 | $293,000 | 0.0% | $125,000 | $595,000 | 37 |
2010 | $330,000 | +11.2% | $82,500 | $745,000 | 63 |
2011 | $331,000 | +0.3% | $210,000 | $1,070,000 | 37 |
2012 | $315,000 | -5.1% | $199,000 | $935,000 | 41 |
2013 | $425,000 | +25.9% | $145,000 | $790,000 | 43 |
2014 | $417,000 | -1.9% | $120,000 | $900,000 | 40 |
2015 | $413,500 | -0.8% | $215,000 | $2,800,000 | 47 |
2016 | $440,000 | +6.0% | $315,000 | $1,850,000 | 33 |
2017 | $450,000 | +2.2% | $100,000 | $2,400,000 | 68 |
2018 | $495,000 | +9.1% | $325,000 | $1,200,000 | 50 |
2019 | $545,000 | +9.2% | $350,000 | $975,000 | 45 |
2020 | $635,000 | +14.2% | $425,000 | $2,550,000 | 35 |
2021 | $740,000 | +14.2% | $450,000 | $2,250,000 | 60 |
2022 | $750,000 | +1.3% | $305,000 | $1,550,000 | 41 |
2023 | $685,000 | -9.5% | $565,000 | $2,220,000 | 33 |
2024 | $625,000 | -9.6% | $546,000 | $1,300,500 | 20 |
Median Sale Price
$650K
Based on 41 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-15.4%
Current Median Price: $650,000
Previous Median Price: $750,000
Based on 80 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 | $320 | 0.0% | $250 | $500 | 14 |
2012 | $330 | +3.0% | $250 | $435 | 16 |
2013 | $320 | -3.1% | $220 | $550 | 26 |
2014 | $320 | 0.0% | $230 | $470 | 27 |
2015 | $320 | 0.0% | $260 | $550 | 39 |
2016 | $340 | +5.9% | $235 | $620 | 20 |
2017 | $370 | +8.1% | $250 | $650 | 19 |
2018 | $400 | +7.5% | $250 | $610 | 18 |
2019 | $440 | +9.1% | $300 | $550 | 24 |
2020 | $490 | +10.2% | $310 | $510 | 12 |
2021 | $470 | -4.3% | $350 | $850 | 15 |
2022 | $495 | +5.1% | $360 | $525 | 16 |
2023 | $500 | +1.0% | $360 | $600 | 27 |
2024 | $585 | +14.5% | $530 | $590 | 3 |
Median Rent Price
$520
per week
Based on 22 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+5.8%
Current Median Rent: $520
Previous Median Rent: $490
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $650,000
Current Median rent: $520
Based on 63 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 Lancefield
Houses sold in Last 12 months ends 13 Apr 2024
$690K
Median Sale Price
40%
Clearance Rate
2/5
Sold/Reported
$690K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$600 K - $800 K (Median Price Range) | 1 | |
$400 K - $600 K | 1 | |
Similar Suburbs to Lancefield 3435
Based on median house sale price sold in last 12 months
Schools closest to Lancefield, VIC 3435
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
St Mary's Primary School | 2 RAGLAN STLancefield 3435 | Primary | Catholic | 0.22 km |
Lancefield Primary School | 80 HIGH STREETLancefield 3435 | Primary | Government | 0.49 km |