Auction Times
Sat 2 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 43 Silverwood Drive 3 2 2 House | 9:30 AM Sat 2nd Jul | Harcourts |
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 32 Jackaroo Street 4 2 2 House | 11:00 AM Sat 9th Jul | Ray White |
 | 3 Scuffam Street 4 2 2 House | 12:00 PM Sat 9th Jul | Bombay RE |
 | 22 Heddle Parade 4 2 2 House | 12:00 PM Sat 9th Jul | Ray White |
 | 10 Allsop Avenue 4 2 2 House | 2:00 PM Sat 9th Jul | Ray White |
 | 9 Scuffam Street 4 3 2 House | 3:00 PM Sat 9th Jul | Area Specialist Northern |
Median Sale Price
House
$681K
Updated on May 2022
2 BR $440K | 3 BR $645K | 4 BR $719K |
Unit
$450K
Updated on May 2022
1 BR - | 2 BR $428K | 3 BR $475K |
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 | 305 |
| 2021 | $680,000 | +16.2% | $360,000 | $1,690,000 | 443 |
| 2022 | $705,000 | +3.5% | $452,000 | $1,460,000 | 203 |
Median Sale Price
$699K
Based on 437 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+12.0%
Current Median Price: $699,000
Previous Median Price: $615,000
Based on 831 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$410
Updated on May 2022
2 BR $350 | 3 BR $390 | 4 BR $428 |
Unit
$360
Updated on May 2022
1 BR $310 | 2 BR $320 | 3 BR $370 | 4 BR $400 |
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 | 398 |
| 2021 | $400 | 0.0% | $300 | $670 | 402 |
| 2022 | $420 | +4.8% | $350 | $695 | 192 |
Median Rent Price
$420
per week
Based on 392 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+4.8%
Current Median Rent: $420
Previous Median Rent: $400
Based on 775 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $699,000
Current Median rent: $420
Based on 829 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Mernda
Houses sold in Last 12 months ends 25 Jun 2022
$695K
Median Sale Price
91%
Clearance Rate
333/368
Sold/Reported
$1.39M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 7 | |
| $1 M - $1.2 M | 18 | |
| $800 K - $1 M | 54 | |
| $600 K - $800 K (Median Price Range) | 194 | |
| $400 K - $600 K | 53 | |
| less than $400 K | 2 | |
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 |