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 | $292,000 | 0.0% | $175,000 | $680,000 | 98 |
| 2010 | $346,500 | +15.7% | $153,500 | $1,000,000 | 126 |
| 2011 | $349,000 | +0.7% | $202,500 | $1,300,000 | 79 |
| 2012 | $337,500 | -3.4% | $201,000 | $3,150,000 | 109 |
| 2013 | $322,500 | -4.7% | $230,000 | $800,000 | 178 |
| 2014 | $338,000 | +4.6% | $200,000 | $750,000 | 122 |
| 2015 | $340,000 | +0.6% | $219,000 | $1,009,000 | 130 |
| 2016 | $360,000 | +5.6% | $150,000 | $1,350,000 | 175 |
| 2017 | $438,000 | +17.8% | $250,000 | $1,650,000 | 234 |
| 2018 | $491,000 | +10.8% | $342,500 | $1,420,000 | 229 |
| 2019 | $460,000 | -6.7% | $320,000 | $1,400,000 | 167 |
| 2020 | $507,500 | +9.4% | $240,000 | $1,450,000 | 178 |
| 2021 | $575,000 | +11.7% | $50,000 | $1,600,000 | 323 |
| 2022 | $620,000 | +7.3% | $412,000 | $2,462,000 | 251 |
| 2023 | $610,000 | -1.6% | $365,000 | $2,050,000 | 247 |
| 2024 | $607,500 | -0.4% | $450,000 | $1,450,000 | 81 |
Median Sale Price
$615K
Based on 269 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+0.8%
Current Median Price: $615,000
Previous Median Price: $610,000
Based on 495 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 | $350 | 0.0% | $240 | $450 | 90 |
| 2012 | $320 | -9.4% | $120 | $1,300 | 117 |
| 2013 | $320 | 0.0% | $200 | $36,500 | 249 |
| 2014 | $330 | +3.0% | $250 | $2,000 | 270 |
| 2015 | $330 | 0.0% | $185 | $575 | 238 |
| 2016 | $340 | +2.9% | $260 | $595 | 162 |
| 2017 | $350 | +2.9% | $265 | $1,517 | 188 |
| 2018 | $360 | +2.8% | $40 | $650 | 209 |
| 2019 | $360 | 0.0% | $250 | $690 | 174 |
| 2020 | $390 | +7.7% | $300 | $1,800 | 223 |
| 2021 | $400 | +2.5% | $290 | $1,716 | 210 |
| 2022 | $420 | +4.8% | $340 | $700 | 273 |
| 2023 | $450 | +6.7% | $330 | $700 | 366 |
| 2024 | $450 | 0.0% | $360 | $800 | 83 |
Median Rent Price
$450
per week
Based on 345 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+6.7%
Current Median Rent: $450
Previous Median Rent: $420
Based on 658 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $615,000
Current Median rent: $450
Based on 614 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 Wallan
Houses sold in Last 12 months ends 20 Apr 2024
$639K
Median Sale Price
85%
Clearance Rate
17/20
Sold/Reported
$1.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 3 | |
| $600 K - $800 K (Median Price Range) | 9 | |
| $400 K - $600 K | 5 | |
Similar Suburbs to Wallan 3756
Based on median house sale price sold in last 12 months
Schools closest to Wallan, VIC 3756
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Wallan Primary School | 46-48 QUEEN STREETWallan 3756 | Primary | Government | 0.4 km |
| Wallan Secondary College | 100 DUKE STREETWallan 3756 | Secondary | Government | 0.71 km |