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 | $360,000 | 0.0% | $237,500 | $685,000 | 27 |
| 2010 | $390,000 | +7.7% | $251,000 | $1,170,000 | 38 |
| 2011 | $400,000 | +2.5% | $266,000 | $1,200,000 | 37 |
| 2012 | $450,000 | +11.1% | $265,000 | $950,000 | 30 |
| 2013 | $492,000 | +8.5% | $150,000 | $795,000 | 44 |
| 2014 | $435,000 | -13.1% | $302,273 | $1,020,000 | 37 |
| 2015 | $550,000 | +20.9% | $251,520 | $1,225,000 | 41 |
| 2016 | $610,000 | +9.8% | $366,500 | $1,050,000 | 46 |
| 2017 | $660,000 | +7.6% | $375,000 | $990,000 | 37 |
| 2018 | $740,000 | +10.8% | $420,000 | $1,650,000 | 41 |
| 2019 | $680,000 | -8.8% | $345,000 | $945,000 | 39 |
| 2020 | $730,000 | +6.8% | $440,000 | $1,260,000 | 32 |
| 2021 | $925,000 | +21.1% | $620,000 | $1,775,000 | 32 |
| 2022 | $920,000 | -0.5% | $640,500 | $1,370,000 | 34 |
| 2023 | $960,000 | +4.2% | $420,000 | $2,150,000 | 41 |
| 2024 | $965,000 | +0.5% | $815,000 | $1,600,000 | 13 |
Median Sale Price
$960K
Based on 39 recorded sales within the last 12 months
Updated on 27 Apr 2024
Suburb Growth
+2.1%
Current Median Price: $960,000
Previous Median Price: $940,000
Based on 79 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 | $350 | 0.0% | $270 | $550 | 14 |
| 2012 | $350 | 0.0% | $270 | $500 | 11 |
| 2013 | $320 | -9.4% | $230 | $550 | 23 |
| 2014 | $300 | -6.7% | $260 | $1,000 | 14 |
| 2015 | $380 | +21.1% | $300 | $1,668 | 19 |
| 2016 | $360 | -5.6% | $290 | $620 | 18 |
| 2017 | $370 | +2.7% | $300 | $650 | 16 |
| 2018 | $390 | +5.1% | $320 | $500 | 23 |
| 2019 | $430 | +9.3% | $310 | $600 | 19 |
| 2020 | $390 | -10.3% | $320 | $720 | 10 |
| 2021 | $450 | +13.3% | $350 | $600 | 11 |
| 2022 | $570 | +21.1% | $380 | $760 | 10 |
| 2023 | $560 | -1.8% | $350 | $750 | 9 |
| 2024 | $690 | +18.8% | $595 | $700 | 3 |
Median Rent Price
$650
per week
Based on 9 recorded rent within the last 12 months
Updated on 27 Apr 2024
Rent Price Growth
-3.1%
Current Median Rent: $650
Previous Median Rent: $670
Based on 18 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $960,000
Current Median rent: $650
Based on 48 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 Gembrook
Houses sold in Last 12 months ends 20 Apr 2024
$1.02M
Median Sale Price
67%
Clearance Rate
2/3
Sold/Reported
$1.02M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 2 | |
Similar Suburbs to Gembrook 3783
Based on median house sale price sold in last 12 months
Schools closest to Gembrook, VIC 3783
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Gembrook Primary School | 50 MAIN STREETGembrook 3783 | Primary | Government | 0.42 km |