Auction Times
Sat 29 Jun | Auction Time | Agency | |
---|---|---|---|
142 Everard Road 4 2 2 House | 11:00 AM Sat 29th Jun | E J Love Real Estate | |
82 Everton Drive 4 2 2 House | 12:00 PM Sat 29th Jun | Ray White | |
122 Langdon Drive 3 2 2 House | 12:30 PM Sat 29th Jun | Ray White | |
17 Pisa Way 3 2 1 House | 1:00 PM Sat 29th Jun | Capital & Co. Real Estate | |
4 Kruger Street 4 2 2 House | 2:00 PM Sat 29th Jun | Ray White |
Sat 6 Jul | Auction Time | Agency | |
---|---|---|---|
8 Giddens Road 4 2 2 House | 2:00 PM Sat 6th Jul | Ray White |
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 | $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 | $705,000 | +3.4% | $460,000 | $1,212,500 | 177 |
Median Sale Price
$700K
Based on 367 recorded sales within the last 12 months
Updated on 25 Jun 2024
Suburb Growth
+5.4%
Current Median Price: $700,000
Previous Median Price: $662,500
Based on 697 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 | $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 | $490 | +10.2% | $350 | $2,260 | 360 |
2024 | $540 | +9.3% | $370 | $1,100 | 161 |
Median Rent Price
$530
per week
Based on 353 recorded rent within the last 12 months
Updated on 25 Jun 2024
Rent Price Growth
+15.1%
Current Median Rent: $530
Previous Median Rent: $450
Based on 751 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $700,000
Current Median rent: $530
Based on 720 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 Mernda
Houses sold in Last 12 months ends 22 Jun 2024
$700K
Median Sale Price
76%
Clearance Rate
97/128
Sold/Reported
$1.31M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$1.2 M - $1.4 M | 2 | |
$1 M - $1.2 M | 9 | |
$800 K - $1 M | 13 | |
$600 K - $800 K (Median Price Range) | 60 | |
$400 K - $600 K | 9 | |
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 |