Westmeadows, VIC 3049

Westmeadows, VIC 3049

Compare Part of Hume

16.51 km
Distance from CBD
9 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$365,000
 0.0% $201,000 $655,000 72
2010
$420,000
 +13.1% $250,000 $930,000 93
2011
$397,500
 -5.7% $240,000 $980,000 65
2012
$377,000
 -5.4% $261,000 $585,000 54
2013
$390,000
 +3.3% $283,000 $585,500 81
2014
$410,000
 +4.9% $287,000 $920,000 82
2015
$465,000
 +11.8% $285,000 $682,000 95
2016
$499,000
 +6.8% $306,000 $850,000 61
2017
$600,000
 +16.8% $410,000 $1,700,000 85
2018
$640,000
 +6.3% $466,000 $1,640,000 69
2019
$600,000
 -6.7% $350,000 $900,500 69
2020
$620,000
 +3.2% $480,000 $886,000 67
2021
$708,000
 +12.4% $419,500 $1,410,000 88
2022
$702,000
 -0.9% $490,000 $1,513,000 81
2023
$700,000
 -0.3% $430,000 $1,630,000 72
2024
$660,000
 -6.1% $448,000 $1,265,000 80
Median Sale Price
$660K
Based on 80 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-6.1%
Current Median Price: $660,000
Previous Median Price: $700,000
Based on 152 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$335
 0.0% $280 $490 50
2012
$330
 -1.5% $260 $1,712 73
2013
$340
 +2.9% $270 $659 58
2014
$345
 +1.4% $250 $460 58
2015
$350
 +1.4% $270 $520 83
2016
$360
 +2.8% $240 $480 83
2017
$380
 +5.3% $280 $540 69
2018
$390
 +2.6% $300 $1,050 91
2019
$420
 +7.1% $320 $1,955 69
2020
$400
 -5.0% $300 $1,581 49
2021
$410
 +2.4% $220 $1,673 70
2022
$430
 +4.7% $250 $680 76
2023
$490
 +12.2% $340 $2,694 63
2024
$550
 +10.9% $420 $2,607 44
Median Rent Price
$550
per week
Based on 45 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+10.9%
Current Median Rent: $550
Previous Median Rent: $490
Based on 107 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $660,000
Current Median rent: $550
Based on 125 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Westmeadows

Houses sold in Last 12 months ends 21 Dec 2024

$655K

Median Sale Price

82%

Clearance Rate

36/44

Sold/Reported

$1.12M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 2
$800 K - $1 M 9
$600 K - $800 K
(Median Price Range)		 13
$400 K - $600 K 11

Schools closest to Westmeadows, VIC 3049

School name Address Type Sector Distance
Westmeadows Primary School 34-46 RIDDELL STREETWestmeadows 3049 Primary Government 0.56 km
Gladstone Views Primary School 195 - 227 CARRICK DRIVEGladstone Park 3043 Primary Government 1.72 km
Hume Central Secondary College 60-78 TANDERRUM WAYBroadmeadows 3047 Secondary Government 1.48 km
Gladstone Park Secondary College 14 - 36 TAYLOR DRIVEGladstone Park 3043 Secondary Government 1.9 km
Gladstone Park Primary School 15 - 25 SOUTH CIRCULAR ROADGladstone Park 3043 Primary Government 1.98 km
Bethal Primary School 26-52 ELDORADO CRESCENTMeadow Heights 3048 Primary Government 2.17 km
School of the Good Shepherd 88 SOUTH CIRCULAR RDGladstone Park 3043 Primary Catholic 2.38 km