Median Sale Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $245,000 | 0.0% | $62,000 | $265,000 | 4 |
| 2010 | $220,000 | -11.4% | $95,000 | $560,000 | 8 |
| 2011 | $190,000 | -15.8% | $80,000 | $495,000 | 14 |
| 2012 | $190,000 | 0.0% | $53,000 | $295,000 | 36 |
| 2013 | $178,000 | -6.7% | $96,000 | $320,000 | 20 |
| 2014 | $175,000 | -1.7% | $97,000 | $415,000 | 21 |
| 2015 | $169,000 | -3.6% | $120,500 | $410,000 | 39 |
| 2016 | $228,000 | +25.9% | $137,000 | $360,000 | 16 |
| 2017 | $207,500 | -9.9% | $145,000 | $490,000 | 24 |
| 2018 | $275,000 | +24.5% | $190,000 | $495,000 | 12 |
| 2019 | $238,000 | -15.5% | $150,000 | $560,000 | 22 |
| 2020 | $235,000 | -1.3% | $181,000 | $510,000 | 17 |
| 2021 | $335,000 | +29.9% | $165,000 | $940,000 | 25 |
| 2022 | $430,000 | +22.1% | $180,000 | $675,000 | 27 |
| 2023 | $430,000 | 0.0% | $279,000 | $710,000 | 23 |
| 2024 | $455,000 | +5.5% | $353,000 | $515,000 | 8 |
Median Sale Price
$455K
Based on 13 recorded sales within the last 12 months
Updated on 28 Sep 2024
Suburb Growth
+6.6%
Current Median Price: $455,000
Previous Median Price: $425,000
Based on 37 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $225 | 0.0% | $120 | $310 | 8 |
| 2012 | $185 | -21.6% | $165 | $220 | 8 |
| 2013 | $215 | +14.0% | $160 | $400 | 12 |
| 2014 | $220 | +2.3% | $185 | $450 | 20 |
| 2015 | $230 | +4.3% | $170 | $320 | 9 |
| 2016 | $260 | +11.5% | $200 | $1,825 | 15 |
| 2017 | $280 | +7.1% | $175 | $370 | 8 |
| 2018 | $240 | -16.7% | $235 | $320 | 3 |
| 2019 | $325 | +26.2% | $240 | $340 | 4 |
| 2020 | $365 | +11.0% | $250 | $375 | 3 |
| 2021 | $300 | -21.7% | $200 | $395 | 6 |
| 2022 | $380 | +21.1% | $360 | $430 | 3 |
| 2023 | $360 | -5.6% | $270 | $375 | 3 |
| 2024 | $430 | +16.3% | $430 | $430 | 1 |
Median Rent Price
$430
per week
Based on 1 recorded rent within the last 12 months
Updated on 28 Sep 2024
Rent Price Growth
+16.3%
Current Median Rent: $430
Previous Median Rent: $360
Based on 5 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $455,000
Current Median rent: $430
Based on 14 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)
Schools closest to Tongala, VIC 3621
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Patrick's Primary School | MANGAN STTongala 3621 | Primary | Catholic | 0.52 km |
| Tongala Primary School | 28 MILLER STREETTongala 3621 | Primary | Government | 0.77 km |