Smiths Beach, VIC 3922
Compare Part of Bass Coast
80.37 km
Distance from Melbourne CBD
6 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 | $340,000 | 0.0% | $274,000 | $452,500 | 20 |
| 2010 | $500,000 | +32.0% | $267,000 | $1,500,000 | 19 |
| 2011 | $380,000 | -31.6% | $345,000 | $1,300,000 | 12 |
| 2012 | $445,000 | +14.6% | $171,000 | $680,000 | 18 |
| 2013 | $430,000 | -3.5% | $260,000 | $760,000 | 26 |
| 2014 | $400,000 | -7.5% | $290,000 | $980,000 | 23 |
| 2015 | $490,000 | +18.4% | $1,000 | $1,900,000 | 23 |
| 2016 | $560,000 | +12.5% | $350,000 | $1,380,000 | 19 |
| 2017 | $451,500 | -24.0% | $356,000 | $1,380,000 | 19 |
| 2018 | $589,000 | +23.3% | $427,500 | $1,250,000 | 22 |
| 2019 | $657,000 | +10.4% | $280,000 | $1,380,000 | 16 |
| 2020 | $699,000 | +6.0% | $470,000 | $1,575,000 | 19 |
| 2021 | $837,000 | +16.5% | $445,000 | $2,371,100 | 27 |
| 2022 | $1,107,000 | +24.4% | $835,000 | $1,950,000 | 13 |
| 2023 | $895,000 | -23.7% | $690,000 | $1,250,000 | 11 |
| 2024 | $980,000 | +8.7% | $580,000 | $1,700,000 | 6 |
Median Sale Price
$958K
Based on 12 recorded sales within the last 12 months
Updated on 17 May 2024
Suburb Growth
-20.6%
Current Median Price: $957,500
Previous Median Price: $1,155,000
Based on 22 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 | $800 | 0.0% | $200 | $1,000 | 10 |
| 2012 | $295 | -171.2% | $200 | $2,450 | 16 |
| 2013 | $320 | +7.8% | $225 | $1,600 | 8 |
| 2014 | $300 | -6.7% | $260 | $1,750 | 10 |
| 2015 | $300 | 0.0% | $210 | $390 | 6 |
| 2016 | $305 | +1.6% | $265 | $450 | 7 |
| 2017 | $350 | +12.9% | $300 | $430 | 6 |
| 2018 | $320 | -9.4% | $260 | $400 | 5 |
| 2019 | $320 | 0.0% | $230 | $440 | 5 |
| 2020 | $365 | +12.3% | $230 | $480 | 12 |
| 2021 | $380 | +3.9% | $280 | $485 | 7 |
| 2022 | $430 | +11.6% | $380 | $450 | 7 |
| 2023 | $430 | 0.0% | $350 | $470 | 6 |
| 2024 | $480 | +10.4% | $430 | $550 | 3 |
Median Rent Price
$450
per week
Based on 7 recorded rent within the last 12 months
Updated on 17 May 2024
Rent Price Growth
+6.7%
Current Median Rent: $450
Previous Median Rent: $420
Based on 16 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $957,500
Current Median rent: $450
Based on 19 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Auction Results For Smiths Beach
Houses sold in Last 12 months ends 11 May 2024
$760K
Median Sale Price
67%
Clearance Rate
2/3
Sold/Reported
$760K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
Similar Suburbs to Smiths Beach 3922
Based on median house sale price sold in last 12 months
Schools closest to Smiths Beach, VIC 3922
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Newhaven College Sunset Strip | Sunset Strip 3922 | Combined | Independent | 0.77 km |