Derrimut, VIC 3030

Derrimut, VIC 3030

Compare Part of Brimbank

16.96 km
Distance from CBD
37 k
Population
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

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