Park Orchards, VIC 3114

Park Orchards, VIC 3114

Compare Part of Manningham

22.69 km
Distance from CBD
4 k
Population

Auction Times

Sat 15 May
Auction Time Agency
4 Hill Street
4 2 2 House
12:00 PM
Sat 15th May
Jellis Craig
Sat 22 May
Auction Time Agency
1 Raymond Elliot Court
4 2 3 House
3:30 PM
Sat 22nd May
Ray White
Median Sale Price
House
-
Updated on Mar 2021
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Mar 2021
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$835,000
0.0% $510,000 $1,275,000 32
2010
$940,000
+11.2% $250,000 $2,300,000 39
2011
$1,005,000
+6.5% $540,000 $2,310,000 38
2012
$951,000
-5.7% $645,000 $2,000,000 42
2013
$976,000
+2.6% $586,000 $3,172,000 86
2014
$1,167,000
+16.4% $680,000 $2,250,000 54
2015
$1,331,300
+12.3% $780,000 $3,500,000 58
2016
$1,400,000
+4.9% $860,000 $2,650,000 48
2017
$1,500,000
+6.7% $875,000 $3,107,000 40
2018
$1,550,000
+3.2% $1,072,500 $2,735,000 32
2019
$1,700,000
+8.8% $870,000 $2,910,000 45
2020
$1,826,000
+6.9% $870,000 $4,400,000 40
2021
$1,940,000
+5.9% $1,400,000 $5,000,000 23
Median Sale Price
$1.9M
Based on 54 recorded sales within the last 12 months
Updated on 9 May 2021
Suburb Growth
+8.2%
Current Median Price: $1,900,000
Previous Median Price: $1,745,000
Based on 94 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2021)
Price Range Segments (12 months ending Apr 2021)
Median Weekly Rent Price
House
$900
Updated on Mar 2021
2 BR
-
3 BR
-
4 BR
$650
Unit
-
Updated on Mar 2021
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$650
0.0% $350 $1,350 10
2012
$520
-25.0% $340 $1,300 9
2013
$800
+35.0% $300 $1,500 18
2014
$700
-14.3% $350 $1,220 9
2015
$550
-27.3% $360 $2,310 11
2016
$700
+21.4% $350 $1,500 14
2017
$660
-6.1% $375 $1,650 13
2018
$700
+5.7% $370 $1,650 14
2019
$925
+24.3% $390 $2,080 22
2020
$600
-54.2% $295 $1,050 9
2021
$1,400
+57.1% $650 $1,650 4
Median Rent Price
$950
per week
Based on 8 recorded rent within the last 12 months
Updated on 9 May 2021
Rent Price Growth
+7.9%
Current Median Rent: $950
Previous Median Rent: $875
Based on 26 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,900,000
Current Median rent: $950
Based on 62 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2021)

Auction Results For Park Orchards

Houses sold in Last 12 months ends 8 May 2021

$1.81M

Median Sale Price

95%

Clearance Rate

33/35

Sold/Reported

$4.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M 7
$1.8 M - $2 M
(Median Price Range)
7
$1.6 M - $1.8 M 7
$1.4 M - $1.6 M 6
$1.2 M - $1.4 M 1
$800 K - $1 M 1

Schools closest to Park Orchards, VIC 3114

School name Address Type Sector Distance
Park Orchards Primary School 1-3 BOWMORE AVENUEPark Orchards 3114 Primary Government 0.23 km
St Anne's Primary School 60 KNEES RDPark Orchards 3114 Primary Catholic 0.67 km
Ringwood North Primary School 172 OBAN ROADRingwood North 3134 Primary Government 1.86 km
Whitefriars College Inc. 156 PARK RDDonvale 3111 Secondary Catholic 2.02 km
Holy Spirit School 120 OBAN RDRingwood North 3134 Primary Catholic 2.4 km