Auction Times
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 3 Gumleaf Avenue 3 2 1 House | 10:30 AM Sat 29th Feb | Melbourne Estate Agents |
 | 15 Tangelo Grove 5 2 2 House | 11:30 AM Sat 29th Feb | Biggin and Scott North |
 | 2 Messina Street 4 2 2 House | 12:00 PM Sat 29th Feb | Capital & Co. Real Estate |
 | 23 Hatfield Drive 4 2 2 House | 1:00 PM Sat 29th Feb | Biggin and Scott Sunshine |
 | 26 Stradling Rise 4 2 2 House | 2:00 PM Sat 29th Feb | Ray White |
Sat 7 Mar | Auction Time | Agency | |
|---|---|---|---|
 | 14 Henwood Rise 3 2 1 House | 12:00 PM Sat 7th Mar | Ray White |
 | 46 Chicory Street 4 2 2 House | 2:00 PM Sat 7th Mar | Ray White |
Median Sale Price
House
$559K
Updated on Jan 2020
2 BR $375K | 3 BR $525K | 4 BR $585K |
Unit
$355K
Updated on Jan 2020
1 BR - | 2 BR $305K | 3 BR $415K |
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 | $685,000 | 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 | $545,000 | +18.6% | $311,500 | $970,000 | 360 |
| 2018 | $585,000 | +6.8% | $392,500 | $1,900,000 | 309 |
| 2019 | $555,000 | -5.4% | $275,000 | $1,352,500 | 314 |
| 2020 | $580,000 | +4.3% | $440,000 | $765,000 | 23 |
Median Sale Price
$555K
Based on 311 recorded sales within the last 12 months
Updated on 24 Feb 2020
Suburb Growth
-5.4%
Current Median Price: $555,000
Previous Median Price: $585,000
Based on 611 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
$390
Updated on Jan 2020
2 BR $330 | 3 BR $370 | 4 BR $400 |
Unit
$350
Updated on Jan 2020
1 BR $315 | 2 BR $320 | 3 BR $360 | 4 BR $380 |
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 | $375 | +4.0% | $270 | $1,564 | 484 |
| 2018 | $390 | +3.8% | $300 | $650 | 502 |
| 2019 | $390 | 0.0% | $185 | $1,651 | 462 |
| 2020 | $420 | +7.1% | $350 | $500 | 38 |
Median Rent Price
$395
per week
Based on 427 recorded rent within the last 12 months
Updated on 24 Feb 2020
Rent Price Growth
+1.3%
Current Median Rent: $395
Previous Median Rent: $390
Based on 937 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $555,000
Current Median rent: $395
Based on 738 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 Mernda
Houses sold in Last 12 months ends 22 Feb 2020
$550K
Median Sale Price
83%
Clearance Rate
158/191
Sold/Reported
$1.04M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 3 | |
| $600 K - $800 K | 38 | |
| $400 K - $600 K (Median Price Range) | 98 | |
| less than $400 K | 1 | |
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 |