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 | $381,000 | 0.0% | $265,000 | $630,000 | 29 |
| 2010 | $451,000 | +15.5% | $275,000 | $697,500 | 45 |
| 2011 | $440,000 | -2.5% | $280,000 | $855,000 | 50 |
| 2012 | $420,000 | -4.8% | $260,000 | $675,000 | 42 |
| 2013 | $410,000 | -2.4% | $320,000 | $825,000 | 43 |
| 2014 | $476,000 | +13.9% | $300,000 | $720,000 | 35 |
| 2015 | $515,000 | +7.6% | $338,000 | $801,000 | 39 |
| 2016 | $599,998 | +14.2% | $385,000 | $1,220,000 | 33 |
| 2017 | $705,000 | +14.9% | $540,000 | $1,000,000 | 31 |
| 2018 | $710,000 | +0.7% | $313,500 | $1,300,000 | 34 |
| 2019 | $665,000 | -6.8% | $415,000 | $940,000 | 26 |
| 2020 | $770,000 | +13.6% | $520,000 | $1,200,000 | 20 |
| 2021 | $920,000 | +16.3% | $542,500 | $1,485,000 | 38 |
| 2022 | $905,000 | -1.7% | $530,000 | $1,395,000 | 26 |
| 2023 | $840,000 | -7.7% | $525,000 | $1,820,000 | 29 |
| 2024 | $835,000 | -0.6% | $465,000 | $1,220,000 | 14 |
Median Sale Price
$850K
Based on 29 recorded sales within the last 12 months
Updated on 18 May 2024
Suburb Growth
-0.2%
Current Median Price: $850,000
Previous Median Price: $852,000
Based on 61 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 | $375 | 0.0% | $270 | $490 | 23 |
| 2012 | $350 | -7.1% | $305 | $470 | 12 |
| 2013 | $370 | +5.4% | $260 | $470 | 29 |
| 2014 | $370 | 0.0% | $260 | $550 | 20 |
| 2015 | $370 | 0.0% | $260 | $480 | 20 |
| 2016 | $385 | +3.9% | $290 | $550 | 18 |
| 2017 | $515 | +25.2% | $300 | $685 | 13 |
| 2018 | $420 | -22.6% | $200 | $550 | 19 |
| 2019 | $460 | +8.7% | $205 | $695 | 14 |
| 2020 | $510 | +9.8% | $350 | $565 | 9 |
| 2021 | $470 | -8.5% | $215 | $580 | 12 |
| 2022 | $560 | +16.1% | $290 | $625 | 6 |
| 2023 | $590 | +5.1% | $420 | $690 | 8 |
| 2024 | $640 | +7.8% | $545 | $640 | 2 |
Median Rent Price
$640
per week
Based on 5 recorded rent within the last 12 months
Updated on 18 May 2024
Rent Price Growth
+12.5%
Current Median Rent: $640
Previous Median Rent: $560
Based on 11 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $850,000
Current Median rent: $640
Based on 34 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 Tecoma
Houses sold in Last 12 months ends 11 May 2024
$810K
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$810K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M (Median Price Range) | 1 | |
Similar Suburbs to Tecoma 3160
Based on median house sale price sold in last 12 months
Schools closest to Tecoma, VIC 3160
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Tecoma Primary School | 1536 BURWOOD HIGHWAYTecoma 3160 | Primary | Government | 0.13 km |
| St Thomas More's Primary School | REYNOLDS LANEBelgrave 3160 | Primary | Catholic | 0.82 km |
| Upwey High School | 1451 BURWOOD HIGHWAYUpwey 3158 | Secondary | Government | 0.91 km |
| Upwey Primary School | 15 DARLING AVENUEUpwey 3158 | Primary | Government | 1.04 km |
| Belgrave Heights Christian School | 20 WATTLE VALLEY ROADBelgrave Heights 3160 | Combined | Independent | 1.36 km |
| Mater Christi College | 28 BAYVIEW ROADBelgrave 3160 | Secondary | Catholic | 1.43 km |
| Upwey South Primary School | 91 MORRIS ROADUpwey 3158 | Primary | Government | 1.72 km |