Auction Times
Thu 21 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 56 Galloway Drive 4 2 2 House | 7:00 PM Thu 21st Nov | Jellis Craig |
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 3 Erindale Rise 3 2 2 House | 10:30 AM Sat 23rd Nov | Fletchers |
 | 8 Palazzo Terrace 4 2 2 House | 10:30 AM Sat 23rd Nov | Melbourne Estate Agents |
 | 139 Regent Street 3 2 2 House | 11:00 AM Sat 23rd Nov | Ray White |
 | 17 Woolshed Avenue 5 2 2 House | 11:00 AM Sat 23rd Nov | Ray White |
 | 45 Newington Parade 4 2 2 House | 12:00 PM Sat 23rd Nov | Ray White |
 | 1 Apele Place 3 2 1 House | 1:00 PM Sat 23rd Nov | Ray White |
 | 24 Tarwin Drive 4 2 2 House | 1:00 PM Sat 23rd Nov | Ray White |
 | 18 Burgess Street 4 2 2 House | 2:00 PM Sat 23rd Nov | Ray White |
 | 10 Geranium Grove 4 2 2 House | 2:00 PM Sat 23rd Nov | Ray White |
 | 16 Fashoda Drive 4 2 1 House | 3:00 PM Sat 23rd Nov | Ray White |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 20 Shearwater. Pl 5 3 6 House | 10:30 AM Sat 30th Nov | One Group Realty |
 | 7 Skeeter Drive 3 2 1 House | 11:00 AM Sat 30th Nov | Ray White |
 | 470 Masons Road 6 5 3 House | 11:00 AM Sat 30th Nov | Melbourne Estate Agents |
| 470 Masons Road 6 5 3 House | 11:00 AM Sat 30th Nov | Melbourne Estate Agents |
 | 18 Pearson Road 4 2 2 House | 11:30 AM Sat 30th Nov | Ray White |
 | 40 Langdon Drive 4 2 2 House | 12:00 PM Sat 30th Nov | One Group Realty |
 | 19 Coe Street 3 2 2 House | 1:00 PM Sat 30th Nov | Ray White |
 | 13 Stonemasons Way 4 2 2 House | 2:00 PM Sat 30th Nov | Ray White |
 | 3 Plugges Street 5 2 2 House | 4:00 PM Sat 30th Nov | Harcourts |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $349,000 | 0.0% | $170,000 | $1,630,000 | 99 |
| 2010 | $390,000 | +10.5% | $110,000 | $1,550,000 | 345 |
| 2011 | $405,000 | +3.7% | $180,000 | $990,000 | 155 |
| 2012 | $385,000 | -5.2% | $245,000 | $705,000 | 130 |
| 2013 | $379,900 | -1.3% | $180,000 | $802,000 | 202 |
| 2014 | $390,000 | +2.6% | $226,000 | $760,000 | 199 |
| 2015 | $415,000 | +6.0% | $179,000 | $665,000 | 244 |
| 2016 | $443,500 | +6.4% | $185,000 | $951,000 | 322 |
| 2017 | $547,000 | +18.9% | $311,500 | $970,000 | 360 |
| 2018 | $585,000 | +6.5% | $392,500 | $1,900,000 | 310 |
| 2019 | $553,000 | -5.8% | $275,000 | $1,352,500 | 320 |
| 2020 | $570,000 | +3.0% | $348,000 | $6,550,000 | 306 |
| 2021 | $680,000 | +16.2% | $360,000 | $1,690,000 | 444 |
| 2022 | $690,000 | +1.4% | $290,000 | $1,460,000 | 405 |
| 2023 | $681,000 | -1.3% | $365,000 | $1,430,000 | 329 |
| 2024 | $700,000 | +2.7% | $460,000 | $1,390,000 | 310 |
Median Sale Price
$700K
Based on 363 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+3.6%
Current Median Price: $700,000
Previous Median Price: $675,000
Based on 670 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $370 | 0.0% | $290 | $2,100 | 152 |
| 2012 | $350 | -5.7% | $240 | $1,647 | 373 |
| 2013 | $345 | -1.4% | $150 | $600 | 369 |
| 2014 | $350 | +1.4% | $250 | $2,000 | 273 |
| 2015 | $350 | 0.0% | $250 | $610 | 514 |
| 2016 | $360 | +2.8% | $265 | $550 | 554 |
| 2017 | $380 | +5.3% | $270 | $1,564 | 485 |
| 2018 | $390 | +2.6% | $305 | $650 | 503 |
| 2019 | $400 | +2.5% | $185 | $1,651 | 470 |
| 2020 | $400 | 0.0% | $235 | $650 | 399 |
| 2021 | $410 | +2.4% | $300 | $2,912 | 406 |
| 2022 | $440 | +6.8% | $320 | $2,086 | 446 |
| 2023 | $495 | +11.1% | $350 | $2,260 | 360 |
| 2024 | $550 | +10.0% | $370 | $1,100 | 315 |
Median Rent Price
$550
per week
Based on 361 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+12.7%
Current Median Rent: $550
Previous Median Rent: $480
Based on 722 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $700,000
Current Median rent: $550
Based on 724 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Mernda
Houses sold in Last 12 months ends 16 Nov 2024
$750K
Median Sale Price
73%
Clearance Rate
101/140
Sold/Reported
$1.16M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 5 | |
| $800 K - $1 M | 24 | |
| $600 K - $800 K (Median Price Range) | 62 | |
| $400 K - $600 K | 6 | |
Similar Suburbs to Mernda 3754
Based on median house sale price sold in last 12 months
Schools closest to Mernda, VIC 3754
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Catholic Primary School | 44 MERNDA VILLAGE DRIVEMernda 3754 | Primary | Catholic | 0.6 km |
| Mernda Primary School | 25 EVERTON DRIVEMernda 3754 | Primary | Government | 0.75 km |
| Hazel Glen College | Doreen 3754 | Combined | Government | 1.97 km |