Auction Times
Sat 6 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 8 Lunan Road 4 2 1 House | 11:00 AM Sat 6th Jun | Ray White |
| 8 Lunan Road 4 2 1 House | 11:00 AM Sat 6th Jun | Ray White |
 | 116 Regent Street 3 2 1 House | 1:00 PM Sat 6th Jun | Ray White |
Tue 9 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 3 Newland Walk 3 2 2 House | 6:30 PM Tue 9th Jun | Flannagan Peressini and Shaw |
Sat 13 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 18 Fashoda Drive 4 2 1 House | 2:00 PM Sat 13th Jun | Omni Property Management Pty Ltd |
Median Sale Price
House
-
Updated on Apr 2020
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2020
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 | $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 | $561,000 | +1.1% | $360,500 | $6,550,000 | 97 |
Median Sale Price
$561K
Based on 311 recorded sales within the last 12 months
Updated on 2 Jun 2020
Suburb Growth
-1.6%
Current Median Price: $561,000
Previous Median Price: $570,000
Based on 595 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2020)
Price Range Segments (12 months ending May 2020)
Median Weekly Rent Price
House
$390
Updated on Apr 2020
2 BR $330 | 3 BR $373 | 4 BR $400 |
Unit
$350
Updated on Apr 2020
1 BR $315 | 2 BR $330 | 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 | 503 |
| 2019 | $390 | 0.0% | $185 | $1,651 | 463 |
| 2020 | $400 | +2.5% | $320 | $585 | 151 |
Median Rent Price
$395
per week
Based on 412 recorded rent within the last 12 months
Updated on 2 Jun 2020
Rent Price Growth
+1.3%
Current Median Rent: $395
Previous Median Rent: $390
Based on 916 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $561,000
Current Median rent: $395
Based on 723 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2020)
Auction Results For Mernda
Houses sold in Last 12 months ends 30 May 2020
$560K
Median Sale Price
82%
Clearance Rate
133/163
Sold/Reported
$1.04M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 4 | |
| $600 K - $800 K | 39 | |
| $400 K - $600 K (Median Price Range) | 74 | |
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 |