Median Sale Price
House
$585K
Updated on Jan 2020
2 BR - | 3 BR $525K | 4 BR $620K |
Unit
-
Updated on Dec 2019
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $457,500 | 0.0% | $457,500 | $457,500 | 10 |
| 2010 | $605,000 | +24.4% | $410,000 | $825,000 | 11 |
| 2011 | $540,000 | -12.0% | $85,000 | $775,000 | 9 |
| 2012 | $594,000 | +9.1% | $385,000 | $680,000 | 16 |
| 2013 | $630,000 | +5.7% | $275,000 | $840,000 | 28 |
| 2014 | $690,000 | +8.7% | $515,000 | $840,000 | 15 |
| 2015 | $655,000 | -5.3% | $462,000 | $795,000 | 14 |
| 2016 | $620,000 | -5.6% | $370,000 | $780,000 | 11 |
| 2017 | $620,000 | 0.0% | $505,000 | $805,000 | 13 |
| 2018 | $580,000 | -6.9% | $405,000 | $895,000 | 12 |
| 2019 | $585,000 | +0.9% | $410,000 | $850,000 | 10 |
| 2020 | $775,000 | +24.5% | $340,000 | $775,000 | 2 |
Median Sale Price
$585K
Based on 10 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
+0.9%
Current Median Price: $585,000
Previous Median Price: $580,000
Based on 23 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$475
Updated on Jan 2020
2 BR $340 | 3 BR $500 | 4 BR $550 |
Unit
$230
Updated on Jan 2020
1 BR - | 2 BR $230 | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $650 | 0.0% | $500 | $950 | 9 |
| 2015 | $600 | -8.3% | $400 | $850 | 16 |
| 2016 | $490 | -22.4% | $290 | $1,100 | 23 |
| 2017 | $500 | +2.0% | $250 | $650 | 13 |
| 2018 | $550 | +9.1% | $280 | $750 | 15 |
| 2019 | $490 | -12.2% | $200 | $630 | 13 |
| 2020 | $600 | +18.3% | $600 | $600 | 1 |
Median Rent Price
$550
per week
Based on 11 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 26 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $585,000
Current Median rent: $550
Based on 21 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Herbert
Houses sold in Last 12 months ends 22 Feb 2020
$585K
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$585K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |