Auction Times
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 15 Palmerston Road 4 2 12 House | 12:00 PM Sat 4th May | Ray White |
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 | $532,500 | 0.0% | $355,000 | $1,100,000 | 62 |
| 2010 | $685,000 | +22.3% | $370,000 | $3,400,000 | 53 |
| 2011 | $701,500 | +2.4% | $416,000 | $1,300,000 | 48 |
| 2012 | $660,000 | -6.3% | $355,000 | $1,201,000 | 62 |
| 2013 | $725,000 | +9.0% | $395,000 | $3,750,000 | 86 |
| 2014 | $700,500 | -3.5% | $454,000 | $3,480,000 | 83 |
| 2015 | $780,000 | +10.2% | $452,000 | $3,700,000 | 95 |
| 2016 | $875,000 | +10.9% | $485,000 | $2,800,000 | 69 |
| 2017 | $1,050,000 | +16.7% | $705,000 | $3,200,000 | 92 |
| 2018 | $987,500 | -6.3% | $572,000 | $4,800,000 | 77 |
| 2019 | $972,500 | -1.5% | $541,000 | $4,000,000 | 63 |
| 2020 | $1,100,026 | +11.6% | $605,000 | $3,550,000 | 47 |
| 2021 | $1,210,000 | +9.1% | $680,000 | $5,630,000 | 84 |
| 2022 | $1,300,000 | +6.9% | $793,500 | $8,000,000 | 79 |
| 2023 | $1,318,500 | +1.4% | $680,000 | $6,000,000 | 77 |
| 2024 | $1,440,000 | +8.4% | $812,000 | $3,500,000 | 26 |
Median Sale Price
$1.39M
Based on 91 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+9.0%
Current Median Price: $1,385,000
Previous Median Price: $1,260,000
Based on 154 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 | $435 | 0.0% | $315 | $900 | 21 |
| 2012 | $405 | -7.4% | $310 | $3,000 | 34 |
| 2013 | $435 | +6.9% | $315 | $745 | 29 |
| 2014 | $370 | -17.6% | $330 | $560 | 21 |
| 2015 | $415 | +10.8% | $330 | $750 | 31 |
| 2016 | $420 | +1.2% | $350 | $770 | 36 |
| 2017 | $450 | +6.7% | $340 | $720 | 31 |
| 2018 | $470 | +4.3% | $350 | $925 | 37 |
| 2019 | $470 | 0.0% | $350 | $1,070 | 33 |
| 2020 | $480 | +2.1% | $370 | $970 | 22 |
| 2021 | $500 | +4.0% | $395 | $870 | 26 |
| 2022 | $510 | +2.0% | $400 | $900 | 32 |
| 2023 | $550 | +7.3% | $415 | $850 | 27 |
| 2024 | $575 | +4.3% | $575 | $575 | 1 |
Median Rent Price
$575
per week
Based on 20 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+8.7%
Current Median Rent: $575
Previous Median Rent: $525
Based on 50 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,385,000
Current Median rent: $575
Based on 111 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 Lysterfield
Houses sold in Last 12 months ends 20 Apr 2024
$1.25M
Median Sale Price
70%
Clearance Rate
18/26
Sold/Reported
$1.88M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 3 | |
| $1.2 M - $1.4 M (Median Price Range) | 3 | |
| $1 M - $1.2 M | 2 | |
| $800 K - $1 M | 5 | |
Similar Suburbs to Lysterfield 3156
Based on median house sale price sold in last 12 months