Auction Times
Thu 1 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 26 Bedstraw Street 3 2 2 House | 7:00 PM Thu 1st Dec | Ray White |
Sat 3 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 41 Waterwheel Grove 4 2 2 House | 11:30 AM Sat 3rd Dec | Harcourts |
 | 10 Stradling Rise 4 2 2 House | 11:30 AM Sat 3rd Dec | One Group Realty |
 | 9A Johnsons Road 3 2 2 Townhouse | 12:00 PM Sat 3rd Dec | Bombay RE |
 | 41 Sissinghurst Parade 3 2 2 House | 2:30 PM Sat 3rd Dec | Ray White |
Sun 4 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 37 Riverdale Boulevard 4 2 2 House | 1:00 PM Sun 4th Dec | Ray White |
Sat 10 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 14 Jupiter Avenue 4 2 4 House | 1:15 PM Sat 10th Dec | Harcourts |
 | 10 Mowbray Street 4 2 2 House | 3:00 PM Sat 10th Dec | Ray White |
Median Sale Price
House
-
Updated on Sep 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2022
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $349,000 | 0.0% | $170,000 | $1,630,000 | 99 |
| 2010 | $390,000 | +10.5% | $110,000 | $1,550,000 | 345 |
| 2011 | $405,000 | +3.7% | $180,000 | $990,000 | 155 |
| 2012 | $385,000 | -5.2% | $245,000 | $705,000 | 130 |
| 2013 | $379,900 | -1.3% | $180,000 | $802,000 | 202 |
| 2014 | $390,000 | +2.6% | $226,000 | $760,000 | 199 |
| 2015 | $415,000 | +6.0% | $179,000 | $665,000 | 244 |
| 2016 | $443,500 | +6.4% | $185,000 | $951,000 | 322 |
| 2017 | $547,000 | +18.9% | $311,500 | $970,000 | 360 |
| 2018 | $585,000 | +6.5% | $392,500 | $1,900,000 | 310 |
| 2019 | $553,000 | -5.8% | $275,000 | $1,352,500 | 320 |
| 2020 | $570,000 | +3.0% | $348,000 | $6,550,000 | 306 |
| 2021 | $680,000 | +16.2% | $360,000 | $1,690,000 | 444 |
| 2022 | $695,000 | +2.2% | $290,000 | $1,460,000 | 371 |
Median Sale Price
$695K
Based on 415 recorded sales within the last 12 months
Updated on 29 Nov 2022
Suburb Growth
+3.6%
Current Median Price: $695,000
Previous Median Price: $670,000
Based on 856 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$420
Updated on Sep 2022
2 BR $358 | 3 BR $400 | 4 BR $440 |
Unit
$365
Updated on Sep 2022
1 BR $310 | 2 BR $320 | 3 BR $375 | 4 BR $420 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $370 | 0.0% | $290 | $2,100 | 152 |
| 2012 | $350 | -5.7% | $240 | $1,647 | 373 |
| 2013 | $345 | -1.4% | $150 | $600 | 369 |
| 2014 | $350 | +1.4% | $250 | $2,000 | 273 |
| 2015 | $350 | 0.0% | $250 | $575 | 514 |
| 2016 | $360 | +2.8% | $265 | $550 | 554 |
| 2017 | $380 | +5.3% | $270 | $1,564 | 485 |
| 2018 | $390 | +2.6% | $305 | $650 | 503 |
| 2019 | $395 | +1.3% | $185 | $1,651 | 469 |
| 2020 | $400 | +1.3% | $235 | $650 | 399 |
| 2021 | $400 | 0.0% | $300 | $670 | 403 |
| 2022 | $425 | +5.9% | $320 | $2,086 | 380 |
Median Rent Price
$430
per week
Based on 424 recorded rent within the last 12 months
Updated on 29 Nov 2022
Rent Price Growth
+7.0%
Current Median Rent: $430
Previous Median Rent: $400
Based on 820 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $695,000
Current Median rent: $430
Based on 839 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)
Auction Results For Mernda
Houses sold in Last 12 months ends 26 Nov 2022
$692K
Median Sale Price
90%
Clearance Rate
337/376
Sold/Reported
$1.39M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 5 | |
| $1 M - $1.2 M | 17 | |
| $800 K - $1 M | 57 | |
| $600 K - $800 K (Median Price Range) | 207 | |
| $400 K - $600 K | 40 | |
| less than $400 K | 4 | |
Similar Suburbs to Mernda 3754
Based on median house sale price sold in last 12 months
Schools closest to Mernda, VIC 3754
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Catholic Primary School | 44 MERNDA VILLAGE DRIVEMernda 3754 | Primary | Catholic | 0.6 km |
| Mernda Primary School | 25 EVERTON DRIVEMernda 3754 | Primary | Government | 0.75 km |
| Hazel Glen College | Doreen 3754 | Combined | Government | 1.97 km |