Auction Times
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 74 Mortlake Drive 3 2 1 House | 9:45 AM Sat 4th May | Harcourts Dandenong |
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 | - | - | - | - | - |
| 2010 | - | - | - | - | - |
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | - | - | - | - | - |
| 2015 | - | - | - | - | - |
| 2016 | - | - | - | - | - |
| 2017 | - | - | - | - | - |
| 2018 | - | - | - | - | - |
| 2019 | $780,000 | 0.0% | $780,000 | $780,000 | 2 |
| 2020 | $451,950 | -72.6% | $425,950 | $586,119 | 6 |
| 2021 | $750,000 | +39.7% | $435,950 | $920,000 | 7 |
| 2022 | $865,000 | +13.3% | $690,000 | $1,125,000 | 21 |
| 2023 | $850,000 | -1.8% | $715,000 | $1,115,000 | 21 |
| 2024 | $800,500 | -6.2% | $625,000 | $1,130,000 | 9 |
Median Sale Price
$835K
Based on 24 recorded sales within the last 12 months
Updated on 27 Apr 2024
Suburb Growth
-1.8%
Current Median Price: $835,000
Previous Median Price: $850,000
Based on 45 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 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | - | - | - | - | - |
| 2015 | $430 | 0.0% | $430 | $430 | 1 |
| 2016 | $370 | -16.2% | $260 | $900 | 5 |
| 2017 | $950 | +61.1% | $370 | $950 | 2 |
| 2018 | $380 | -150.0% | $380 | $380 | 1 |
| 2019 | $400 | +5.0% | $350 | $410 | 6 |
| 2020 | $440 | +9.1% | $350 | $600 | 13 |
| 2021 | $450 | +2.2% | $380 | $620 | 16 |
| 2022 | $500 | +10.0% | $370 | $750 | 19 |
| 2023 | $600 | +16.7% | $480 | $750 | 25 |
| 2024 | $515 | -16.5% | $515 | $650 | 3 |
Median Rent Price
$600
per week
Based on 15 recorded rent within the last 12 months
Updated on 27 Apr 2024
Rent Price Growth
+16.7%
Current Median Rent: $600
Previous Median Rent: $500
Based on 43 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $835,000
Current Median rent: $600
Based on 39 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 Officer South
Houses sold in Last 12 months ends 20 Apr 2024
$775K
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$775K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
Similar Suburbs to Officer South 3809
Based on median house sale price sold in last 12 months