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 | $225,000 | 0.0% | $73,000 | $850,000 | 30 |
| 2010 | $210,000 | -7.1% | $72,000 | $555,000 | 30 |
| 2011 | $212,000 | +0.9% | $116,000 | $610,000 | 25 |
| 2012 | $237,500 | +10.7% | $110,002 | $485,000 | 22 |
| 2013 | $239,000 | +0.6% | $90,000 | $485,000 | 27 |
| 2014 | $215,000 | -11.2% | $134,000 | $385,000 | 20 |
| 2015 | $250,000 | +14.0% | $70,000 | $925,000 | 41 |
| 2016 | $255,000 | +2.0% | $120,000 | $660,000 | 39 |
| 2017 | $290,000 | +12.1% | $95,000 | $710,000 | 34 |
| 2018 | $265,000 | -9.4% | $115,000 | $1,160,000 | 38 |
| 2019 | $372,000 | +28.8% | $170,000 | $1,090,000 | 29 |
| 2020 | $350,000 | -6.3% | $185,000 | $910,000 | 35 |
| 2021 | $440,000 | +20.5% | $245,000 | $825,000 | 49 |
| 2022 | $545,000 | +19.3% | $330,000 | $1,200,000 | 43 |
| 2023 | $480,000 | -13.5% | $310,000 | $850,000 | 35 |
| 2024 | $540,000 | +11.1% | $335,000 | $726,000 | 11 |
Median Sale Price
$479K
Based on 38 recorded sales within the last 12 months
Updated on 10 May 2024
Suburb Growth
-20.0%
Current Median Price: $479,000
Previous Median Price: $575,000
Based on 68 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 | $245 | 0.0% | $170 | $320 | 18 |
| 2012 | $210 | -16.7% | $165 | $300 | 24 |
| 2013 | $250 | +16.0% | $190 | $350 | 28 |
| 2014 | $250 | 0.0% | $200 | $290 | 16 |
| 2015 | $250 | 0.0% | $195 | $385 | 33 |
| 2016 | $275 | +9.1% | $195 | $390 | 35 |
| 2017 | $270 | -1.9% | $160 | $420 | 19 |
| 2018 | $300 | +10.0% | $195 | $480 | 24 |
| 2019 | $350 | +14.3% | $215 | $480 | 12 |
| 2020 | $300 | -16.7% | $230 | $593 | 20 |
| 2021 | $350 | +14.3% | $230 | $600 | 18 |
| 2022 | $400 | +12.5% | $280 | $575 | 21 |
| 2023 | $450 | +11.1% | $320 | $550 | 28 |
| 2024 | $520 | +13.5% | $350 | $600 | 7 |
Median Rent Price
$450
per week
Based on 31 recorded rent within the last 12 months
Updated on 10 May 2024
Rent Price Growth
0.0%
Current Median Rent: $450
Previous Median Rent: $450
Based on 50 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $479,000
Current Median rent: $450
Based on 69 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 Rutherglen, VIC 3685
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Rutherglen Primary School | 44 MURRAY STREETRutherglen 3685 | Primary | Government | 0.31 km |
| St Mary's Primary School | 75-83 HIGH STRutherglen 3685 | Primary | Catholic | 0.45 km |
| Rutherglen High School | 40 SHERIDANS BRIDGE ROADRutherglen 3685 | Secondary | Government | 1.17 km |