Auction Times
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 49 Victorking Drive 5 2 2 House | 10:30 AM Sat 10th Dec | Jazz Real Estate Point Cook |
 | 25 Fairbridge Road 4 2 4 House | 12:00 PM Sat 10th Dec | LJ Hooker |
 | 10 Trimotor Road 4 2 2 House | 12:30 PM Sat 10th Dec | Jazz Real Estate Point Cook |
 | 7 Lachie Grove 4 2 2 House | 1:30 PM Sat 10th Dec | Areal Property |
 | 20 Middle Park Drive 4 3 4 House | 2:00 PM Sat 10th Dec | Charter Lane |
 | 24 Lincolnheath Boulevard 4 2 2 House | 2:30 PM Sat 10th Dec | Black & White Real Estate |
 | 49 Denman Drive 3 2 2 House | 2:30 PM Sat 10th Dec | Jazz Real Estate Point Cook |
Sat 17 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 131 Lennon Parkway 4 2 2 House | 12:30 PM Sat 17th Dec | Stockdale & Leggo |
 | 14 Aldinga Avenue 4 2 2 House | 1:30 PM Sat 17th Dec | Areal Property |
Mon 19 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 5 Sherrington Grange 4 2 2 House | 5:00 PM Mon 19th Dec | Ray White Deer Park |
Median Sale Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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 |
Median Sale Price
$785K
Based on 3 recorded sales within the last 12 months
Updated on 9 Dec 2022
Suburb Growth
+10.8%
Current Median Price: $785,000
Previous Median Price: $700,000
Based on 15 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2022
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% | $285 | $620 | 100 |
| 2021 | $380 | -5.3% | $135 | $630 | 182 |
| 2022 | $420 | +9.5% | $230 | $1,150 | 354 |
Median Rent Price
$420
per week
Based on 374 recorded rent within the last 12 months
Updated on 9 Dec 2022
Rent Price Growth
+9.5%
Current Median Rent: $420
Previous Median Rent: $380
Based on 539 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $785,000
Current Median rent: $420
Based on 377 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)
Auction Results For Derrimut
Houses sold in Last 12 months ends 3 Dec 2022
$742K
Median Sale Price
97%
Clearance Rate
61/63
Sold/Reported
$1.92M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 19 | |
| $600 K - $800 K (Median Price Range) | 40 | |
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 |