Median Sale Price
House
$820K
Updated on Dec 2020
2 BR $710K | 3 BR $813K | 4 BR $925K |
Unit
$415K
Updated on Dec 2020
1 BR - | 2 BR $373K | 3 BR $530K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $659,000 | 0.0% | $415,000 | $1,250,000 | 50 |
| 2010 | $787,000 | +16.3% | $312,000 | $1,420,000 | 64 |
| 2011 | $710,000 | -10.8% | $300,000 | $1,080,000 | 65 |
| 2012 | $769,000 | +7.7% | $367,500 | $1,360,000 | 68 |
| 2013 | $815,000 | +5.6% | $380,000 | $1,825,000 | 159 |
| 2014 | $810,000 | -0.6% | $325,000 | $6,000,000 | 121 |
| 2015 | $847,000 | +4.4% | $438,000 | $1,650,000 | 86 |
| 2016 | $812,500 | -4.2% | $435,000 | $1,680,000 | 79 |
| 2017 | $760,000 | -6.9% | $480,000 | $1,600,000 | 95 |
| 2018 | $775,000 | +1.9% | $308,000 | $1,400,000 | 48 |
| 2019 | $750,000 | -3.3% | $590,000 | $965,000 | 11 |
| 2020 | - | - | - | - | - |
| 2021 | - | - | - | - | - |
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 21 Jan 2021
Suburb Growth
n/a
Current Median Price:
Previous Median Price:
Based on 0 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Median Weekly Rent Price
House
$490
Updated on Dec 2020
2 BR $363 | 3 BR $455 | 4 BR $695 |
Unit
$400
Updated on Dec 2020
1 BR $320 | 2 BR $420 | 3 BR $400 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $485 | 0.0% | $320 | $1,250 | 52 |
| 2012 | $600 | +19.2% | $400 | $1,200 | 42 |
| 2013 | $550 | -9.1% | $300 | $1,100 | 77 |
| 2014 | $585 | +6.0% | $330 | $850 | 53 |
| 2015 | $495 | -18.2% | $260 | $1,300 | 88 |
| 2016 | $475 | -4.2% | $250 | $1,200 | 84 |
| 2017 | $430 | -10.5% | $235 | $950 | 72 |
| 2018 | $450 | +4.4% | $275 | $795 | 71 |
| 2019 | $495 | +9.1% | $310 | $990 | 69 |
| 2020 | $500 | +1.0% | $300 | $1,300 | 45 |
| 2021 | - | - | - | - | - |
Median Rent Price
$480
per week
Based on 39 recorded rent within the last 12 months
Updated on 21 Jan 2021
Rent Price Growth
-4.2%
Current Median Rent: $480
Previous Median Rent: $500
Based on 111 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $480
Based on 39 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Melville
Houses sold in Last 12 months ends 16 Jan 2021
$0M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$0M