Poowong, VIC 3988
Compare Part of South Gippsland
91.53 km
Distance from Melbourne CBD
1 k
Population
Median Sale Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $245,000 | 0.0% | $227,000 | $665,000 | 4 |
| 2010 | $322,000 | +23.9% | $213,000 | $568,500 | 6 |
| 2011 | $220,000 | -46.4% | $100,000 | $512,500 | 10 |
| 2012 | $210,000 | -4.8% | $160,002 | $220,000 | 4 |
| 2013 | $335,000 | +37.3% | $100,000 | $480,000 | 12 |
| 2014 | $225,000 | -48.9% | $185,000 | $710,000 | 11 |
| 2015 | $300,000 | +25.0% | $180,000 | $590,000 | 13 |
| 2016 | $325,000 | +7.7% | $170,000 | $490,000 | 15 |
| 2017 | $340,000 | +4.4% | $210,000 | $605,000 | 19 |
| 2018 | $420,000 | +19.0% | $265,000 | $1,100,000 | 17 |
| 2019 | $543,000 | +22.7% | $370,000 | $700,000 | 8 |
| 2020 | $450,000 | -20.7% | $312,000 | $625,000 | 8 |
| 2021 | $620,000 | +27.4% | $360,000 | $1,250,000 | 18 |
| 2022 | $825,000 | +24.8% | $495,000 | $1,200,000 | 9 |
| 2023 | $1,158,000 | +28.8% | $555,000 | $1,180,000 | 4 |
| 2024 | $435,000 | -166.2% | $370,000 | $515,000 | 3 |
Median Sale Price
$515K
Based on 5 recorded sales within the last 12 months
Updated on 19 May 2024
Suburb Growth
-78.6%
Current Median Price: $515,000
Previous Median Price: $920,000
Based on 12 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $250 | 0.0% | $230 | $250 | 3 |
| 2012 | $180 | -38.9% | $130 | $250 | 3 |
| 2013 | $280 | +35.7% | $135 | $520 | 9 |
| 2014 | $220 | -27.3% | $220 | $220 | 1 |
| 2015 | $340 | +35.3% | $260 | $520 | 6 |
| 2016 | $350 | +2.9% | $280 | $350 | 2 |
| 2017 | $290 | -20.7% | $290 | $290 | 1 |
| 2018 | $310 | +6.5% | $220 | $355 | 4 |
| 2019 | $320 | +3.1% | $320 | $320 | 1 |
| 2020 | $420 | +23.8% | $420 | $420 | 1 |
| 2021 | $360 | -16.7% | $350 | $425 | 5 |
| 2022 | $500 | +28.0% | $360 | $550 | 5 |
| 2023 | $400 | -25.0% | $340 | $530 | 5 |
| 2024 | - | - | - | - | - |
Median Rent Price
$400
per week
Based on 3 recorded rent within the last 12 months
Updated on 19 May 2024
Rent Price Growth
-25.0%
Current Median Rent: $400
Previous Median Rent: $500
Based on 9 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $515,000
Current Median rent: $400
Based on 8 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Schools closest to Poowong, VIC 3988
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Poowong Consolidated School | 5 GARDNER LANEPoowong 3988 | Primary | Government | 0.66 km |