Sunset Strip, VIC 3922
Compare Part of Bass Coast
80.38 km
Distance from Melbourne CBD
6 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $240,000 | 0.0% | $160,000 | $301,600 | 18 |
| 2010 | $290,000 | +17.2% | $243,000 | $392,500 | 23 |
| 2011 | $328,000 | +11.6% | $252,500 | $422,000 | 8 |
| 2012 | $300,000 | -9.3% | $215,000 | $450,000 | 13 |
| 2013 | $321,500 | +6.7% | $200,000 | $425,000 | 13 |
| 2014 | $330,000 | +2.6% | $230,000 | $550,000 | 13 |
| 2015 | $302,500 | -9.1% | $220,000 | $475,000 | 14 |
| 2016 | $335,000 | +9.7% | $220,000 | $600,000 | 19 |
| 2017 | $352,000 | +4.8% | $240,000 | $466,000 | 32 |
| 2018 | $410,000 | +14.1% | $329,000 | $485,000 | 14 |
| 2019 | $460,000 | +10.9% | $192,000 | $510,000 | 8 |
| 2020 | $510,000 | +9.8% | $399,500 | $617,000 | 20 |
| 2021 | $620,000 | +17.7% | $496,250 | $1,005,000 | 23 |
| 2022 | $770,000 | +19.5% | $597,000 | $960,000 | 10 |
| 2023 | $690,000 | -11.6% | $570,000 | $849,000 | 13 |
| 2024 | $770,000 | +10.4% | $500,000 | $1,150,000 | 14 |
| 2025 | - | - | - | - | - |
Median Sale Price
$770K
Based on 14 recorded sales within the last 12 months
Updated on 9 Jan 2025
Suburb Growth
+10.4%
Current Median Price: $770,000
Previous Median Price: $690,000
Based on 27 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $275 | 0.0% | $180 | $350 | 13 |
| 2012 | $300 | +8.3% | $205 | $360 | 16 |
| 2013 | $250 | -20.0% | $210 | $1,300 | 14 |
| 2014 | $280 | +10.7% | $230 | $380 | 16 |
| 2015 | $270 | -3.7% | $200 | $330 | 18 |
| 2016 | $290 | +6.9% | $220 | $360 | 13 |
| 2017 | $350 | +17.1% | $220 | $385 | 8 |
| 2018 | $300 | -16.7% | $280 | $430 | 7 |
| 2019 | $380 | +21.1% | $290 | $450 | 12 |
| 2020 | $370 | -2.7% | $300 | $450 | 17 |
| 2021 | $390 | +5.1% | $300 | $450 | 10 |
| 2022 | $500 | +22.0% | $410 | $650 | 8 |
| 2023 | $430 | -16.3% | $390 | $500 | 12 |
| 2024 | $500 | +14.0% | $395 | $800 | 6 |
| 2025 | - | - | - | - | - |
Median Rent Price
$500
per week
Based on 6 recorded rent within the last 12 months
Updated on 9 Jan 2025
Rent Price Growth
+14.0%
Current Median Rent: $500
Previous Median Rent: $430
Based on 18 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $770,000
Current Median rent: $500
Based on 20 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Sunset Strip
Houses sold in Last 12 months ends 4 Jan 2025
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Sunset Strip, VIC 3922
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Newhaven College Sunset Strip | Sunset Strip 3922 | Combined | Independent | 0.26 km |