Auction Times
Sat 7 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 45 Karachi Avenue 4 3 2 House | 10:45 AM Sat 7th Dec | Reliance Real Estate |
Sat 14 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 11 Goodison Grove 5 5 2 House | 12:30 PM Sat 14th Dec | VICPROP |
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 | - | - | - | - | - |
| 2010 | $1,450,000 | 0.0% | $260,000 | $1,450,000 | 2 |
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $1,725,000 | +15.9% | $800,000 | $4,000,000 | 6 |
| 2015 | $1,700,000 | -1.5% | $710,000 | $1,700,000 | 2 |
| 2016 | $2,300,000 | +26.1% | $1,950,000 | $2,800,000 | 3 |
| 2017 | $5,001,000 | +54.0% | $1,099,000 | $5,001,000 | 2 |
| 2018 | - | - | - | - | - |
| 2019 | - | - | - | - | - |
| 2020 | $868,000 | -476.2% | $868,000 | $868,000 | 1 |
| 2021 | $550,000 | -57.8% | $230,000 | $624,480 | 7 |
| 2022 | $698,000 | +21.2% | $515,000 | $6,600,000 | 7 |
| 2023 | $660,000 | -5.8% | $500,000 | $850,000 | 10 |
| 2024 | $642,000 | -2.8% | $570,000 | $5,200,000 | 7 |
Median Sale Price
$642K
Based on 7 recorded sales within the last 12 months
Updated on 4 Dec 2024
Suburb Growth
-2.8%
Current Median Price: $642,000
Previous Median Price: $660,000
Based on 17 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 | $650 | 0.0% | $650 | $650 | 1 |
| 2012 | $500 | -30.0% | $320 | $500 | 2 |
| 2013 | $550 | +9.1% | $450 | $550 | 2 |
| 2014 | - | - | - | - | - |
| 2015 | $600 | +8.3% | $400 | $650 | 7 |
| 2016 | $490 | -22.4% | $450 | $600 | 5 |
| 2017 | $450 | -8.9% | $330 | $550 | 7 |
| 2018 | $600 | +25.0% | $490 | $650 | 4 |
| 2019 | $600 | 0.0% | $360 | $800 | 5 |
| 2020 | $450 | -33.3% | $130 | $700 | 7 |
| 2021 | $550 | +18.2% | $345 | $800 | 5 |
| 2022 | $390 | -41.0% | $350 | $1,100 | 20 |
| 2023 | $510 | +23.5% | $400 | $800 | 11 |
| 2024 | $550 | +7.3% | $320 | $1,200 | 12 |
Median Rent Price
$550
per week
Based on 12 recorded rent within the last 12 months
Updated on 4 Dec 2024
Rent Price Growth
+14.5%
Current Median Rent: $550
Previous Median Rent: $470
Based on 27 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $642,000
Current Median rent: $550
Based on 19 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)