Median Sale Price
House
$615K
Updated on Aug 2020
2 BR $550K | 3 BR $580K | 4 BR $833K |
Unit
$410K
Updated on Aug 2020
1 BR - | 2 BR $345K | 3 BR $465K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $700,000 | 0.0% | $315,000 | $890,000 | 35 |
| 2010 | $610,000 | -14.8% | $447 | $1,150,000 | 85 |
| 2011 | $632,000 | +3.5% | $750 | $1,120,000 | 90 |
| 2012 | $600,000 | -5.3% | $270,000 | $880,000 | 102 |
| 2013 | $650,000 | +7.7% | $150,000 | $1,150,000 | 196 |
| 2014 | $719,000 | +9.6% | $420,000 | $1,250,000 | 124 |
| 2015 | $685,000 | -5.0% | $360,000 | $1,110,000 | 131 |
| 2016 | $665,000 | -3.0% | $200,000 | $2,450,000 | 103 |
| 2017 | $612,000 | -8.7% | $320,000 | $1,100,000 | 101 |
| 2018 | $650,000 | +5.8% | $350,000 | $1,150,000 | 52 |
| 2019 | $715,000 | +9.1% | $458,000 | $1,025,000 | 17 |
| 2020 | - | - | - | - | - |
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 27 Sep 2020
Suburb Growth
n/a
Current Median Price:
Previous Median Price:
Based on 0 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Median Weekly Rent Price
House
$420
Updated on Aug 2020
2 BR $350 | 3 BR $420 | 4 BR $500 |
Unit
$348
Updated on Aug 2020
1 BR $278 | 2 BR $330 | 3 BR $363 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $450 | 0.0% | $300 | $750 | 62 |
| 2012 | $460 | +2.2% | $260 | $900 | 44 |
| 2013 | $530 | +13.2% | $380 | $1,250 | 82 |
| 2014 | $520 | -1.9% | $340 | $850 | 56 |
| 2015 | $460 | -13.0% | $265 | $800 | 100 |
| 2016 | $420 | -9.5% | $260 | $690 | 107 |
| 2017 | $420 | 0.0% | $260 | $715 | 101 |
| 2018 | $420 | 0.0% | $200 | $700 | 71 |
| 2019 | $400 | -5.0% | $300 | $650 | 74 |
| 2020 | $475 | +15.8% | $320 | $650 | 33 |
Median Rent Price
$420
per week
Based on 50 recorded rent within the last 12 months
Updated on 27 Sep 2020
Rent Price Growth
+2.4%
Current Median Rent: $420
Previous Median Rent: $410
Based on 124 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $420
Based on 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For Palmyra
Houses sold in Last 12 months ends 26 Sep 2020
$635K
Median Sale Price
100%
Clearance Rate
5/5
Sold/Reported
$635K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
| $400 K - $600 K | 1 | |