Auction Times
Sat 6 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 14 Maw Close 4 2 2 House | 11:30 AM Sat 6th Jun | Nook Property |
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 | $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
$680K
Based on 13 recorded sales within the last 12 months
Updated on 4 Jun 2020
Suburb Growth
+4.4%
Current Median Price: $680,000
Previous Median Price: $650,000
Based on 27 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
$400
Updated on Apr 2020
2 BR $350 | 3 BR $400 | 4 BR $538 |
Unit
$343
Updated on Apr 2020
1 BR $285 | 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 | $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% | $350 | $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% | $180 | $700 | 71 |
| 2019 | $400 | -5.0% | $300 | $650 | 74 |
| 2020 | $420 | +4.8% | $320 | $650 | 22 |
Median Rent Price
$395
per week
Based on 64 recorded rent within the last 12 months
Updated on 4 Jun 2020
Rent Price Growth
-3.8%
Current Median Rent: $395
Previous Median Rent: $410
Based on 134 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $680,000
Current Median rent: $395
Based on 77 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 Palmyra
Houses sold in Last 12 months ends 30 May 2020
$680K
Median Sale Price
100%
Clearance Rate
18/18
Sold/Reported
$970K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 3 | |
| $600 K - $800 K (Median Price Range) | 4 | |
| $400 K - $600 K | 6 | |
Similar Suburbs to Palmyra 6157
Based on median house sale price sold in last 12 months