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 | $467,000 | 0.0% | $330,000 | $1,570,000 | 314 |
| 2010 | $555,000 | +15.9% | $285,000 | $1,290,000 | 328 |
| 2011 | $525,000 | -5.7% | $175,000 | $1,030,000 | 254 |
| 2012 | $540,000 | +2.8% | $340,000 | $1,528,000 | 237 |
| 2013 | $575,000 | +6.1% | $165,000 | $2,800,000 | 404 |
| 2014 | $615,000 | +6.5% | $400,000 | $1,672,000 | 447 |
| 2015 | $708,000 | +13.1% | $392,000 | $3,360,000 | 423 |
| 2016 | $770,000 | +8.1% | $443,000 | $2,451,000 | 376 |
| 2017 | $866,000 | +11.1% | $560,000 | $1,935,000 | 356 |
| 2018 | $850,000 | -1.9% | $420,000 | $2,030,000 | 284 |
| 2019 | $847,500 | -0.3% | $485,000 | $1,700,000 | 295 |
| 2020 | $855,000 | +0.9% | $330,000 | $1,900,000 | 253 |
| 2021 | $1,041,800 | +17.9% | $415,000 | $2,540,000 | 402 |
| 2022 | $1,100,000 | +5.3% | $435,000 | $2,365,000 | 328 |
| 2023 | $1,086,000 | -1.3% | $417,500 | $2,666,006 | 304 |
| 2024 | $1,070,000 | -1.5% | $416,000 | $2,125,000 | 313 |
Median Sale Price
$1.08M
Based on 315 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-0.5%
Current Median Price: $1,075,000
Previous Median Price: $1,080,711
Based on 623 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 | $385 | 0.0% | $270 | $680 | 272 |
| 2012 | $410 | +6.1% | $280 | $23,400 | 275 |
| 2013 | $400 | -2.5% | $300 | $1,200 | 329 |
| 2014 | $420 | +4.8% | $290 | $750 | 355 |
| 2015 | $430 | +2.3% | $305 | $900 | 389 |
| 2016 | $450 | +4.4% | $300 | $1,200 | 375 |
| 2017 | $450 | 0.0% | $300 | $800 | 388 |
| 2018 | $460 | +2.2% | $320 | $1,000 | 417 |
| 2019 | $460 | 0.0% | $330 | $2,700 | 384 |
| 2020 | $480 | +4.2% | $330 | $700 | 285 |
| 2021 | $495 | +3.0% | $295 | $840 | 309 |
| 2022 | $540 | +8.3% | $380 | $890 | 300 |
| 2023 | $580 | +6.9% | $420 | $1,600 | 238 |
| 2024 | $660 | +12.1% | $450 | $1,300 | 210 |
Median Rent Price
$650
per week
Based on 215 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+10.8%
Current Median Rent: $650
Previous Median Rent: $580
Based on 450 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,075,000
Current Median rent: $650
Based on 530 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 Rowville
Houses sold in Last 12 months ends 21 Dec 2024
$1.13M
Median Sale Price
70%
Clearance Rate
91/131
Sold/Reported
$2.13M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.4 M - $1.6 M | 7 | |
| $1.2 M - $1.4 M | 20 | |
| $1 M - $1.2 M (Median Price Range) | 26 | |
| $800 K - $1 M | 20 | |
| $600 K - $800 K | 2 | |
Similar Suburbs to Rowville 3178
Based on median house sale price sold in last 12 months
Schools closest to Rowville, VIC 3178
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Rowville Primary School | PARATEA DRIVERowville 3178 | Primary | Government | 0.59 km |
| Rowville Secondary College | 17 PARATEA DRIVERowville 3178 | Secondary | Government | 0.72 km |
| St Simon's School | CNR TAYLORS LANE & WELLINGTON RDRowville 3178 | Primary | Catholic | 1.25 km |
| Heany Park Primary School | BUCKINGHAM DRIVERowville 3178 | Primary | Government | 1.87 km |