Diggers Rest, VIC 3427

Diggers Rest, VIC 3427

Compare Part of Melton

29.65 km
Distance from CBD
3 k
Population

Auction Times

Sat 27 Apr
Auction Time Agency
10 Plumpton Road
3 2 3 House
1:00 PM
Sat 27th Apr
TENACITY REAL ESTATE
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
$245,000
0.0% $210,000 $690,000 22
2010
$285,000
+14.0% $230,500 $925,000 21
2011
$285,000
0.0% $245,000 $1,250,000 25
2012
$280,000
-1.8% $238,000 $425,000 19
2013
$285,000
+1.8% $240,000 $1,080,000 37
2014
$317,000
+10.1% $215,000 $820,000 33
2015
$320,000
+0.9% $253,000 $1,355,000 38
2016
$370,000
+13.5% $232,500 $1,360,000 57
2017
$443,700
+16.6% $295,000 $1,396,000 50
2018
$510,000
+13.0% $430,000 $1,300,000 46
2019
$500,000
-2.0% $330,000 $3,500,000 58
2020
$550,000
+9.1% $382,500 $720,000 76
2021
$586,000
+6.1% $400,000 $1,360,000 111
2022
$670,000
+12.5% $470,000 $1,521,797 124
2023
$670,000
0.0% $405,000 $2,010,000 117
2024
$650,000
-3.1% $510,000 $1,100,000 45
Median Sale Price
$658K
Based on 128 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
-3.3%
Current Median Price: $657,500
Previous Median Price: $679,000
Based on 251 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
$270
0.0% $220 $1,350 24
2012
$290
+6.9% $240 $575 23
2013
$300
+3.3% $240 $500 40
2014
$320
+6.3% $250 $550 29
2015
$310
-3.2% $250 $790 53
2016
$350
+11.4% $280 $570 52
2017
$350
0.0% $250 $650 70
2018
$400
+12.5% $260 $680 102
2019
$400
0.0% $270 $700 154
2020
$420
+4.8% $40 $600 110
2021
$420
0.0% $320 $700 117
2022
$450
+6.7% $310 $565 103
2023
$495
+9.1% $300 $950 158
2024
$520
+4.8% $300 $1,200 40
Median Rent Price
$500
per week
Based on 156 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+8.0%
Current Median Rent: $500
Previous Median Rent: $460
Based on 279 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $657,500
Current Median rent: $500
Based on 284 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 Diggers Rest

Houses sold in Last 12 months ends 20 Apr 2024

$670K

Median Sale Price

77%

Clearance Rate

13/17

Sold/Reported

$1.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.6 M - $1.8 M 1
$1.2 M - $1.4 M 1
$800 K - $1 M 2
$600 K - $800 K
(Median Price Range)
5
$400 K - $600 K 4

Schools closest to Diggers Rest, VIC 3427

School name Address Type Sector Distance
Diggers Rest Primary School PLUMPTON ROADDiggers Rest 3427 Primary Government 1.27 km