Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 795 Old Melbourne Road 3 1 2 House | 1:00 PM Sat 20th Apr | First National Rayner |
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 | $274,000 | 0.0% | $140,000 | $575,000 | 38 |
| 2010 | $295,000 | +7.1% | $75,000 | $650,000 | 91 |
| 2011 | $320,000 | +7.8% | $75,000 | $595,000 | 52 |
| 2012 | $375,000 | +14.7% | $110,001 | $854,000 | 50 |
| 2013 | $380,000 | +1.3% | $113,500 | $660,000 | 53 |
| 2014 | $330,000 | -15.2% | $200,000 | $770,000 | 62 |
| 2015 | $430,000 | +23.3% | $230,000 | $990,000 | 46 |
| 2016 | $398,000 | -8.0% | $237,000 | $700,000 | 57 |
| 2017 | $440,000 | +9.5% | $249,000 | $810,000 | 88 |
| 2018 | $475,000 | +7.4% | $319,000 | $1,100,000 | 68 |
| 2019 | $485,000 | +2.1% | $325,000 | $1,105,000 | 60 |
| 2020 | $520,000 | +6.7% | $270,000 | $1,200,000 | 59 |
| 2021 | $655,000 | +20.6% | $399,000 | $2,875,000 | 58 |
| 2022 | $680,000 | +3.7% | $415,000 | $1,650,000 | 39 |
| 2023 | $615,000 | -10.6% | $407,500 | $1,345,000 | 44 |
| 2024 | $680,000 | +9.6% | $455,000 | $1,082,000 | 10 |
Median Sale Price
$615K
Based on 42 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
-6.0%
Current Median Price: $615,000
Previous Median Price: $652,000
Based on 82 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 | $300 | 0.0% | $210 | $360 | 18 |
| 2012 | $260 | -15.4% | $210 | $375 | 27 |
| 2013 | $300 | +13.3% | $220 | $380 | 29 |
| 2014 | $280 | -7.1% | $220 | $375 | 15 |
| 2015 | $300 | +6.7% | $220 | $450 | 44 |
| 2016 | $335 | +10.4% | $220 | $640 | 47 |
| 2017 | $350 | +4.3% | $230 | $770 | 43 |
| 2018 | $350 | 0.0% | $250 | $500 | 40 |
| 2019 | $370 | +5.4% | $230 | $480 | 48 |
| 2020 | $360 | -2.8% | $270 | $650 | 31 |
| 2021 | $390 | +7.7% | $300 | $550 | 29 |
| 2022 | $400 | +2.5% | $320 | $460 | 30 |
| 2023 | $450 | +11.1% | $350 | $950 | 21 |
| 2024 | $480 | +6.3% | $370 | $650 | 8 |
Median Rent Price
$450
per week
Based on 20 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 51 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 62 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 Ballan
Houses sold in Last 12 months ends 13 Apr 2024
$585K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$585K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |
Similar Suburbs to Ballan 3342
Based on median house sale price sold in last 12 months
Schools closest to Ballan, VIC 3342
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Brigid's School | 98 INGLIS STBallan 3342 | Primary | Catholic | 0.3 km |
| Ballan Primary School | 8-14 DUNCAN STREETBallan 3342 | Primary | Government | 0.54 km |