Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 12 Scotchmer Crescent 4 2 2 House | 11:30 AM Sat 27th Apr | Hocking Stuart |
| 12 Scotchmer Crescent 4 2 2 House | 11:30 AM Sat 27th Apr | Hocking Stuart |
| 12 Scotchmer Crescent 4 2 2 House | 11:30 AM Sat 27th Apr | Hocking Stuart |
 | 23 Regent Street 4 2 2 House | 12:00 PM Sat 27th Apr | Ray White |
| 23 Regent Street 4 2 2 House | 12:00 PM Sat 27th Apr | Ray White |
 | 28 Dalziel Drive 3 2 1 House | 2:00 PM Sat 27th Apr | Ray White |
| 28 Dalziel Drive 3 2 1 House | 2:00 PM Sat 27th Apr | Ray White |
 | 618 Masons Road 4 2 3 House | 2:30 PM Sat 27th Apr | Stockdale & Leggo |
| 618 Masons Road 4 2 3 House | 2:30 PM Sat 27th Apr | Stockdale & Leggo |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 20 Chicory Street 4 2 2 House | 11:00 AM Sat 4th May | Ray White |
 | 3 Brewster Way 4 3 2 House | 11:00 AM Sat 4th May | Love Real Estate |
| 20 Chicory Street 4 2 2 House | 11:00 AM Sat 4th May | Ray White |
| 3 Brewster Way 4 3 2 House | 11:00 AM Sat 4th May | Love Real Estate |
 | 15 Everard Road 3 2 1 House | 12:00 PM Sat 4th May | Ray White |
 | 8 Cassinias Grove 4 2 2 House | 12:30 PM Sat 4th May | Stockdale & Leggo |
 | 13 Merriweather Lane 4 2 2 House | 1:00 PM Sat 4th May | Hocking Stuart |
 | 24 Gallagher Way 4 3 2 House | 1:00 PM Sat 4th May | Ray White |
| 24 Gallagher Way 4 3 2 House | 1:00 PM Sat 4th May | Ray White |
 | 27 Rye Road 4 2 2 House | 2:00 PM Sat 4th May | Ray White |
| 27 Rye Road 4 2 2 House | 2:00 PM Sat 4th May | Ray White |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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% | $502,000 | $1,212,500 | 100 |
Median Sale Price
$692K
Based on 340 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+3.3%
Current Median Price: $692,000
Previous Median Price: $669,000
Based on 699 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $435 | +5.7% | $320 | $2,086 | 446 |
| 2023 | $490 | +11.2% | $350 | $2,260 | 360 |
| 2024 | $540 | +9.3% | $370 | $1,100 | 88 |
Median Rent Price
$510
per week
Based on 337 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+11.8%
Current Median Rent: $510
Previous Median Rent: $450
Based on 744 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $692,000
Current Median rent: $510
Based on 677 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Mernda
Houses sold in Last 12 months ends 20 Apr 2024
$690K
Median Sale Price
79%
Clearance Rate
103/131
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 | 7 | |
| $800 K - $1 M | 10 | |
| $600 K - $800 K (Median Price Range) | 68 | |
| $400 K - $600 K | 13 | |
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 |