Median Sale Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $370,000 | 0.0% | $175,000 | $560,000 | 68 |
| 2010 | $410,000 | +9.8% | $265,000 | $720,000 | 81 |
| 2011 | $450,000 | +8.9% | $326,200 | $770,000 | 69 |
| 2012 | $407,000 | -10.6% | $280,000 | $645,000 | 70 |
| 2013 | $415,000 | +1.9% | $233,000 | $718,000 | 119 |
| 2014 | $440,000 | +5.7% | $310,000 | $695,000 | 109 |
| 2015 | $468,000 | +6.0% | $341,000 | $1,600,000 | 120 |
| 2016 | $530,000 | +11.7% | $348,000 | $1,085,000 | 103 |
| 2017 | $620,000 | +14.5% | $406,000 | $912,000 | 103 |
| 2018 | $615,000 | -0.8% | $480,000 | $975,000 | 58 |
| 2019 | $601,000 | -2.3% | $540,000 | $675,000 | 3 |
| 2020 | $700,000 | +14.1% | $540,000 | $725,000 | 3 |
| 2021 | $715,000 | +2.1% | $527,000 | $866,000 | 11 |
| 2022 | $785,000 | +8.9% | $712,000 | $855,000 | 3 |
| 2023 | $1,265,000 | +37.9% | $740,000 | $1,265,000 | 2 |
Median Sale Price
$855K
Based on 4 recorded sales within the last 12 months
Updated on 3 Jun 2023
Suburb Growth
+16.4%
Current Median Price: $855,000
Previous Median Price: $715,000
Based on 16 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2023)
Price Range Segments (12 months ending May 2023)
Median Weekly Rent Price
House
-
Updated on Apr 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $260 | $450 | 109 |
| 2012 | $340 | 0.0% | $290 | $470 | 110 |
| 2013 | $350 | +2.9% | $250 | $500 | 133 |
| 2014 | $360 | +2.8% | $310 | $500 | 104 |
| 2015 | $365 | +1.4% | $300 | $530 | 107 |
| 2016 | $400 | +8.8% | $330 | $590 | 89 |
| 2017 | $400 | 0.0% | $345 | $630 | 99 |
| 2018 | $420 | +4.8% | $350 | $600 | 71 |
| 2019 | $400 | -5.0% | $290 | $610 | 157 |
| 2020 | $400 | 0.0% | $300 | $620 | 100 |
| 2021 | $380 | -5.3% | $135 | $630 | 182 |
| 2022 | $420 | +9.5% | $230 | $1,150 | 379 |
| 2023 | $400 | -5.0% | $390 | $460 | 3 |
Median Rent Price
$440
per week
Based on 205 recorded rent within the last 12 months
Updated on 3 Jun 2023
Rent Price Growth
+9.1%
Current Median Rent: $440
Previous Median Rent: $400
Based on 543 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $855,000
Current Median rent: $440
Based on 209 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2023)
Auction Results For Derrimut
Houses sold in Last 12 months ends 27 May 2023
$765K
Median Sale Price
97%
Clearance Rate
60/62
Sold/Reported
$1.27M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 22 | |
| $600 K - $800 K (Median Price Range) | 35 | |
Similar Suburbs to Derrimut 3030
Based on median house sale price sold in last 12 months
Schools closest to Derrimut, VIC 3030
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Derrimut Primary School | 40 LENNON PARKWAYDerrimut 3030 | Primary | Government | 1.11 km |
| St Lawrence School | Derrimut 3030 | Primary | Catholic | 1.42 km |