Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 7 Copeland Road 4 2 3 House | 11:00 AM Sat 23rd Nov | YPA Estate Agents |
 | 7 Parkmore Crescent 5 2 2 House | 3:30 PM Sat 23rd Nov | Allens Real Estate |
Mon 25 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 1/26 Fawkner Street 3 2 1 Townhouse | 6:00 PM Mon 25th Nov | Melbourne Estate Agents |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 5 Monaco Court 4 2 2 House | 10:00 AM Sat 30th Nov | YPA Estate Agents |
 | 32 Westfield Boulevard 4 3 4 House | 11:00 AM Sat 30th Nov | YPA Estate Agents |
 | 60 Elizabeth Street 4 2 10 House | 11:00 AM Sat 30th Nov | Frank Real Estate |
 | 3/26 Hillcrest Drive 3 2 1 House | 11:30 AM Sat 30th Nov | Stockdale & Leggo Gladstone Park |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $655,000 | -6.9% | $448,000 | $1,265,000 | 69 |
Median Sale Price
$660K
Based on 77 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-9.4%
Current Median Price: $660,000
Previous Median Price: $722,000
Based on 148 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | 38 |
Median Rent Price
$550
per week
Based on 46 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+17.3%
Current Median Rent: $550
Previous Median Rent: $455
Based on 114 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 123 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Westmeadows
Houses sold in Last 12 months ends 16 Nov 2024
$660K
Median Sale Price
80%
Clearance Rate
34/43
Sold/Reported
$1.12M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 2 | |
| $800 K - $1 M | 7 | |
| $600 K - $800 K (Median Price Range) | 15 | |
| $400 K - $600 K | 9 | |
Similar Suburbs to Westmeadows 3049
Based on median house sale price sold in last 12 months
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 |