Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $460,000 | 0.0% | $312,000 | $1,350,000 | 35 |
| 2010 | $535,000 | +14.0% | $314,000 | $1,500,000 | 64 |
| 2011 | $575,000 | +7.0% | $302,000 | $1,210,000 | 26 |
| 2012 | $460,000 | -25.0% | $320,000 | $1,250,000 | 58 |
| 2013 | $535,000 | +14.0% | $325,000 | $1,050,000 | 58 |
| 2014 | $545,000 | +1.8% | $173,000 | $1,300,000 | 47 |
| 2015 | $595,000 | +8.4% | $253,000 | $1,112,500 | 33 |
| 2016 | $720,000 | +17.4% | $517,000 | $1,600,000 | 31 |
| 2017 | $747,500 | +3.7% | $527,000 | $1,950,000 | 37 |
| 2018 | $810,000 | +7.7% | $536,000 | $2,225,000 | 34 |
| 2019 | $792,000 | -2.3% | $535,000 | $2,250,000 | 30 |
| 2020 | $825,000 | +4.0% | $590,000 | $1,850,000 | 28 |
| 2021 | $1,221,000 | +32.4% | $670,000 | $2,725,000 | 33 |
| 2022 | $1,010,000 | -20.9% | $660,000 | $2,500,000 | 40 |
| 2023 | $1,100,000 | +8.2% | $702,000 | $2,650,000 | 31 |
| 2024 | $1,065,000 | -3.3% | $625,000 | $3,075,000 | 31 |
Median Sale Price
$1.07M
Based on 31 recorded sales within the last 12 months
Updated on 28 Dec 2024
Suburb Growth
-3.3%
Current Median Price: $1,065,000
Previous Median Price: $1,100,000
Based on 62 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 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% | $250 | $540 | 16 |
| 2012 | $390 | +5.1% | $280 | $550 | 15 |
| 2013 | $380 | -2.6% | $270 | $700 | 19 |
| 2014 | $395 | +3.8% | $290 | $650 | 22 |
| 2015 | $420 | +6.0% | $280 | $720 | 22 |
| 2016 | $385 | -9.1% | $280 | $595 | 18 |
| 2017 | $460 | +16.3% | $250 | $650 | 19 |
| 2018 | $490 | +6.1% | $320 | $650 | 15 |
| 2019 | $495 | +1.0% | $300 | $900 | 18 |
| 2020 | $450 | -10.0% | $350 | $1,150 | 16 |
| 2021 | $500 | +10.0% | $330 | $650 | 12 |
| 2022 | $520 | +3.8% | $365 | $780 | 11 |
| 2023 | $600 | +13.3% | $350 | $1,270 | 13 |
| 2024 | $700 | +14.3% | $370 | $1,100 | 12 |
Median Rent Price
$700
per week
Based on 12 recorded rent within the last 12 months
Updated on 28 Dec 2024
Rent Price Growth
+14.3%
Current Median Rent: $700
Previous Median Rent: $600
Based on 25 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $1,065,000
Current Median rent: $700
Based on 43 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Olinda
Houses sold in Last 12 months ends 21 Dec 2024
$1.13M
Median Sale Price
67%
Clearance Rate
2/3
Sold/Reported
$1.13M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 1 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Olinda 3788
Based on median house sale price sold in last 12 months
Schools closest to Olinda, VIC 3788
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Sassafras Primary School | 399 MT DANDENONG TOURIST ROADSassafras 3787 | Primary | Government | 1.06 km |
| Sherbrooke Community School | 311 MT DANDENONG TOURIST ROADSassafras 3787 | Combined | Government | 1.89 km |