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 | $157,000 | 0.0% | $109,900 | $277,500 | 12 |
| 2010 | $159,990 | +1.9% | $109,000 | $540,000 | 32 |
| 2011 | $185,000 | +13.5% | $135,000 | $340,000 | 6 |
| 2012 | $180,000 | -2.8% | $80,000 | $345,000 | 10 |
| 2013 | $138,000 | -30.4% | $70,000 | $340,000 | 30 |
| 2014 | $170,000 | +18.8% | $60,000 | $480,000 | 20 |
| 2015 | $135,000 | -25.9% | $62,000 | $250,000 | 23 |
| 2016 | $150,000 | +10.0% | $61,334 | $200,000 | 22 |
| 2017 | $185,000 | +18.9% | $92,000 | $420,000 | 25 |
| 2018 | $179,000 | -3.4% | $120,000 | $410,000 | 33 |
| 2019 | $167,500 | -6.9% | $93,000 | $705,000 | 34 |
| 2020 | $203,000 | +17.5% | $115,250 | $360,000 | 25 |
| 2021 | $295,000 | +31.2% | $150,000 | $700,000 | 43 |
| 2022 | $368,000 | +19.8% | $230,000 | $765,000 | 23 |
| 2023 | $360,000 | -2.2% | $235,000 | $605,000 | 29 |
| 2024 | $430,000 | +16.3% | $258,000 | $625,000 | 14 |
Median Sale Price
$415K
Based on 21 recorded sales within the last 12 months
Updated on 27 Jun 2024
Suburb Growth
+13.7%
Current Median Price: $415,000
Previous Median Price: $358,000
Based on 59 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 | $240 | 0.0% | $160 | $350 | 13 |
| 2012 | $200 | -20.0% | $150 | $350 | 15 |
| 2013 | $200 | 0.0% | $150 | $280 | 17 |
| 2014 | $210 | +4.8% | $160 | $320 | 13 |
| 2015 | $220 | +4.5% | $160 | $300 | 17 |
| 2016 | $230 | +4.3% | $120 | $310 | 14 |
| 2017 | $220 | -4.5% | $150 | $340 | 15 |
| 2018 | $220 | 0.0% | $180 | $250 | 13 |
| 2019 | $300 | +26.7% | $160 | $600 | 12 |
| 2020 | $350 | +14.3% | $290 | $550 | 15 |
| 2021 | $380 | +7.9% | $280 | $500 | 21 |
| 2022 | $360 | -5.6% | $250 | $500 | 22 |
| 2023 | $390 | +7.7% | $290 | $600 | 23 |
| 2024 | $450 | +13.3% | $400 | $475 | 8 |
Median Rent Price
$420
per week
Based on 15 recorded rent within the last 12 months
Updated on 27 Jun 2024
Rent Price Growth
+9.5%
Current Median Rent: $420
Previous Median Rent: $380
Based on 44 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $415,000
Current Median rent: $420
Based on 36 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 Mortlake
Houses sold in Last 12 months ends 22 Jun 2024
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Mortlake, VIC 3272
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Colman's School | 42 DUNLOP STMortlake 3272 | Primary | Catholic | 0.35 km |
| Mortlake P-12 College | 10 HOOD AVENUEMortlake 3272 | Combined | Government | 0.64 km |