Median Sale Price
House
-
Updated on Jan 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $145,000 | 0.0% | $73,000 | $350,000 | 38 |
2010 | $162,000 | +10.5% | $63,000 | $382,000 | 52 |
2011 | $180,000 | +10.0% | $70,000 | $550,000 | 61 |
2012 | $180,000 | 0.0% | $68,002 | $1,190,000 | 65 |
2013 | $165,000 | -9.1% | $70,000 | $610,000 | 131 |
2014 | $175,000 | +5.7% | $70,000 | $465,000 | 80 |
2015 | $189,000 | +7.4% | $55,100 | $540,000 | 80 |
2016 | $185,000 | -2.2% | $49,000 | $650,000 | 81 |
2017 | $244,000 | +24.2% | $100,000 | $786,560 | 64 |
2018 | $212,000 | -15.1% | $58,000 | $585,000 | 53 |
2019 | $239,000 | +11.3% | $94,000 | $645,000 | 68 |
2020 | $270,000 | +11.5% | $85,000 | $685,000 | 63 |
2021 | $328,000 | +17.7% | $123,000 | $1,520,000 | 103 |
2022 | $332,500 | +1.4% | $77,500 | $1,018,000 | 93 |
2023 | $363,000 | +8.4% | $83,000 | $900,000 | 89 |
2024 | $356,000 | -2.0% | $145,000 | $600,000 | 16 |
Median Sale Price
$356K
Based on 83 recorded sales within the last 12 months
Updated on 29 Mar 2024
Suburb Growth
+4.5%
Current Median Price: $356,000
Previous Median Price: $340,000
Based on 179 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jan 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $220 | 0.0% | $105 | $350 | 43 |
2012 | $200 | -10.0% | $150 | $280 | 39 |
2013 | $220 | +9.1% | $145 | $320 | 59 |
2014 | $240 | +8.3% | $125 | $400 | 63 |
2015 | $260 | +7.7% | $120 | $450 | 53 |
2016 | $280 | +7.1% | $100 | $360 | 54 |
2017 | $290 | +3.4% | $120 | $415 | 45 |
2018 | $290 | 0.0% | $175 | $500 | 27 |
2019 | $300 | +3.3% | $175 | $475 | 32 |
2020 | $320 | +6.3% | $210 | $440 | 31 |
2021 | $330 | +3.0% | $240 | $440 | 42 |
2022 | $350 | +5.7% | $200 | $690 | 49 |
2023 | $400 | +12.5% | $260 | $570 | 26 |
2024 | $370 | -8.1% | $310 | $675 | 5 |
Median Rent Price
$400
per week
Based on 24 recorded rent within the last 12 months
Updated on 29 Mar 2024
Rent Price Growth
+12.5%
Current Median Rent: $400
Previous Median Rent: $350
Based on 67 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.8%
Current Median Price: $356,000
Current Median rent: $400
Based on 107 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)
Auction Results For Red Cliffs
Houses sold in Last 12 months ends 23 Mar 2024
$335K
Median Sale Price
100%
Clearance Rate
12/12
Sold/Reported
$401K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$400 K - $600 K | 2 | |
less than $400 K (Median Price Range) | 10 | |
Similar Suburbs to Red Cliffs 3496
Based on median house sale price sold in last 12 months
Schools closest to Red Cliffs, VIC 3496
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
St Joseph's Primary School | 17 FITZROY AVERed Cliffs 3496 | Primary | Catholic | 0.5 km |
Red Cliffs Primary School | MURRAY AVENUERed Cliffs 3496 | Primary | Government | 0.64 km |
Red Cliffs Secondary College | FITZROY AVENUERed Cliffs 3496 | Secondary | Government | 1.17 km |
Sunnycliffs Primary School | SUNNYCLIFFS CRESCENTSunnycliffs 3496 | Primary | Government | 2.16 km |