Invermay Park, VIC 3350
Compare Part of Ballarat
101.89 km
Distance from Melbourne CBD
47 k
Population
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 | $312,000 | 0.0% | $225,000 | $492,500 | 11 |
| 2010 | $347,000 | +10.1% | $275,000 | $521,000 | 19 |
| 2011 | $363,000 | +4.4% | $235,000 | $420,000 | 16 |
| 2012 | $370,000 | +1.9% | $245,000 | $454,000 | 15 |
| 2013 | $375,000 | +1.3% | $239,000 | $518,000 | 30 |
| 2014 | $379,500 | +1.2% | $270,000 | $480,000 | 19 |
| 2015 | $375,000 | -1.2% | $237,000 | $1,055,000 | 19 |
| 2016 | $375,000 | 0.0% | $285,000 | $520,550 | 17 |
| 2017 | $400,000 | +6.3% | $212,500 | $531,000 | 24 |
| 2018 | $475,000 | +15.8% | $313,500 | $618,000 | 23 |
| 2019 | $510,000 | +6.9% | $300,000 | $840,000 | 26 |
| 2020 | $485,000 | -5.2% | $330,000 | $960,000 | 29 |
| 2021 | $675,000 | +28.1% | $459,000 | $1,253,000 | 21 |
| 2022 | $670,000 | -0.7% | $495,000 | $995,000 | 23 |
| 2023 | $700,000 | +4.3% | $435,000 | $902,000 | 24 |
| 2024 | $600,000 | -16.7% | $470,000 | $815,000 | 7 |
Median Sale Price
$695K
Based on 25 recorded sales within the last 12 months
Updated on 21 Apr 2024
Suburb Growth
+7.2%
Current Median Price: $695,000
Previous Median Price: $645,000
Based on 47 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 | $300 | 0.0% | $240 | $310 | 4 |
| 2012 | $340 | +11.8% | $280 | $380 | 7 |
| 2013 | $340 | 0.0% | $250 | $365 | 5 |
| 2014 | $345 | +1.4% | $280 | $350 | 5 |
| 2015 | $365 | +5.5% | $260 | $450 | 6 |
| 2016 | $350 | -4.3% | $285 | $450 | 15 |
| 2017 | $350 | 0.0% | $295 | $450 | 10 |
| 2018 | $400 | +12.5% | $345 | $475 | 10 |
| 2019 | $450 | +11.1% | $225 | $515 | 14 |
| 2020 | $425 | -5.9% | $340 | $495 | 11 |
| 2021 | $415 | -2.4% | $320 | $530 | 14 |
| 2022 | $475 | +12.6% | $330 | $550 | 14 |
| 2023 | $480 | +1.0% | $395 | $530 | 12 |
| 2024 | $430 | -11.6% | $430 | $430 | 1 |
Median Rent Price
$480
per week
Based on 9 recorded rent within the last 12 months
Updated on 21 Apr 2024
Rent Price Growth
+6.3%
Current Median Rent: $480
Previous Median Rent: $450
Based on 27 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $695,000
Current Median rent: $480
Based on 34 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 Invermay Park
Houses sold in Last 12 months ends 20 Apr 2024
$780K
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$780K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
Similar Suburbs to Invermay Park 3350
Based on median house sale price sold in last 12 months
Schools closest to Invermay Park, VIC 3350
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Ballarat North Primary School | 513 LANDSBOROUGH STREETBallarat 3350 | Primary | Government | 1.23 km |
| Invermay Primary School | 187 SWINGLERS ROADInvermay 3352 | Primary | Government | 1.41 km |