Safety Beach, VIC 3936
Compare Part of Mornington Peninsula
55.79 km
Distance from Melbourne CBD
8 k
Population
Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 104/8 Anchor Place 3 2 2 Apartment | 12:30 PM Sat 20th Apr | Hocking Stuart |
 | 63 Marine Drive 5 5 4 House | 1:30 PM Sat 20th Apr | RT Edgar Mount Eliza |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $420,000 | 0.0% | $180,000 | $1,125,000 | 74 |
| 2010 | $510,000 | +17.6% | $300,000 | $2,500,000 | 103 |
| 2011 | $500,000 | -2.0% | $370,000 | $1,200,000 | 107 |
| 2012 | $510,000 | +2.0% | $175,000 | $1,950,000 | 92 |
| 2013 | $493,000 | -3.4% | $270,000 | $1,550,000 | 157 |
| 2014 | $535,000 | +7.9% | $208,000 | $1,450,000 | 141 |
| 2015 | $605,000 | +11.6% | $195,000 | $1,550,000 | 133 |
| 2016 | $640,000 | +5.5% | $230,955 | $2,300,000 | 115 |
| 2017 | $770,000 | +16.9% | $300,000 | $3,500,000 | 128 |
| 2018 | $845,000 | +8.9% | $230,000 | $2,350,000 | 105 |
| 2019 | $790,000 | -7.0% | $280,000 | $2,475,000 | 119 |
| 2020 | $885,000 | +10.7% | $400,000 | $2,950,000 | 115 |
| 2021 | $1,090,000 | +18.8% | $355,000 | $7,100,000 | 169 |
| 2022 | $1,250,000 | +12.8% | $637,500 | $6,425,000 | 115 |
| 2023 | $1,220,000 | -2.5% | $650,000 | $8,650,000 | 121 |
| 2024 | $1,125,000 | -8.4% | $680,000 | $3,800,000 | 33 |
Median Sale Price
$1.19M
Based on 106 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-1.7%
Current Median Price: $1,190,000
Previous Median Price: $1,210,000
Based on 224 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $380 | 0.0% | $240 | $850 | 52 |
| 2012 | $390 | +2.6% | $220 | $7,000 | 65 |
| 2013 | $390 | 0.0% | $225 | $12,000 | 91 |
| 2014 | $430 | +9.3% | $250 | $8,000 | 109 |
| 2015 | $420 | -2.4% | $150 | $1,500 | 131 |
| 2016 | $420 | 0.0% | $155 | $7,000 | 107 |
| 2017 | $480 | +12.5% | $290 | $1,500 | 123 |
| 2018 | $500 | +4.0% | $110 | $1,100 | 136 |
| 2019 | $500 | 0.0% | $280 | $1,100 | 110 |
| 2020 | $525 | +4.8% | $300 | $2,042 | 77 |
| 2021 | $620 | +15.3% | $340 | $4,200 | 81 |
| 2022 | $680 | +8.8% | $160 | $1,500 | 96 |
| 2023 | $710 | +4.2% | $380 | $2,400 | 106 |
| 2024 | $670 | -6.0% | $450 | $2,000 | 21 |
Median Rent Price
$695
per week
Based on 91 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
-0.7%
Current Median Rent: $695
Previous Median Rent: $700
Based on 202 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,190,000
Current Median rent: $695
Based on 197 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Safety Beach
Houses sold in Last 12 months ends 13 Apr 2024
$1.07M
Median Sale Price
82%
Clearance Rate
13/16
Sold/Reported
$2.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 5 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K | 1 | |
| less than $400 K | 1 | |
Similar Suburbs to Safety Beach 3936
Based on median house sale price sold in last 12 months