Main Ridge, VIC 3928
Compare Part of Mornington Peninsula
65.25 km
Distance from Melbourne CBD
N/A
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $2,500,000 | 0.0% | $711,027 | $3,750,000 | 8 |
| 2010 | $1,570,000 | -59.2% | $920,000 | $2,000,000 | 11 |
| 2011 | $1,150,000 | -36.5% | $850,000 | $1,920,000 | 6 |
| 2012 | - | - | - | - | - |
| 2013 | $1,750,000 | +34.3% | $1,100,000 | $2,152,000 | 6 |
| 2014 | $1,100,000 | -59.1% | $760,000 | $3,600,000 | 13 |
| 2015 | $2,000,000 | +45.0% | $742,000 | $3,320,000 | 12 |
| 2016 | $2,040,000 | +2.0% | $980,000 | $3,250,000 | 13 |
| 2017 | $3,200,000 | +36.3% | $1,750,000 | $4,575,000 | 7 |
| 2018 | $2,300,000 | -39.1% | $740,000 | $3,500,000 | 10 |
| 2019 | $2,480,000 | +7.3% | $1,275,000 | $2,700,000 | 5 |
| 2020 | $4,825,000 | +48.6% | $2,825,000 | $5,595,000 | 7 |
| 2021 | $4,500,000 | -7.2% | $1,950,000 | $10,400,000 | 6 |
| 2022 | $3,800,000 | -18.4% | $2,400,000 | $5,925,000 | 6 |
| 2023 | $3,750,000 | -1.3% | $2,950,000 | $11,250,000 | 6 |
| 2024 | $2,100,000 | -78.6% | $1,850,000 | $2,100,000 | 6 |
Median Sale Price
$3.5M
Based on 10 recorded sales within the last 12 months
Updated on 26 Jun 2024
Suburb Growth
-7.1%
Current Median Price: $3,500,000
Previous Median Price: $3,750,000
Based on 12 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $350 | $350 | 1 |
| 2012 | - | - | - | - | - |
| 2013 | $650 | +46.2% | $430 | $1,000 | 8 |
| 2014 | $475 | -36.8% | $475 | $475 | 2 |
| 2015 | $530 | +10.4% | $470 | $1,280 | 5 |
| 2016 | $595 | +10.9% | $440 | $650 | 4 |
| 2017 | $550 | -8.2% | $550 | $550 | 1 |
| 2018 | $1,600 | +65.6% | $1,600 | $1,600 | 1 |
| 2019 | $850 | -88.2% | $850 | $850 | 1 |
| 2020 | $595 | -42.9% | $540 | $595 | 2 |
| 2021 | $850 | +30.0% | $540 | $850 | 2 |
| 2022 | $950 | +10.5% | $750 | $950 | 2 |
| 2023 | $1,750 | +45.7% | $1,750 | $1,750 | 1 |
| 2024 | $790 | -121.5% | $790 | $790 | 1 |
Median Rent Price
$790
per week
Based on 1 recorded rent within the last 12 months
Updated on 26 Jun 2024
Rent Price Growth
-20.3%
Current Median Rent: $790
Previous Median Rent: $950
Based on 4 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.2%
Current Median Price: $3,500,000
Current Median rent: $790
Based on 11 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Main Ridge
Houses sold in Last 12 months ends 22 Jun 2024
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M