Median Sale Price
House
$715K
Updated on Aug 2020
2 BR $605K | 3 BR $710K | 4 BR $915K |
Unit
$360K
Updated on Aug 2020
1 BR $272K | 2 BR $315K | 3 BR $484K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $530,000 | 0.0% | $130,000 | $1,340,000 | 157 |
| 2010 | $550,500 | +3.7% | $266,200 | $1,455,000 | 164 |
| 2011 | $560,000 | +1.7% | $227,500 | $1,275,000 | 164 |
| 2012 | $539,000 | -3.9% | $262,500 | $1,305,000 | 180 |
| 2013 | $517,500 | -4.2% | $225,000 | $3,000,000 | 243 |
| 2014 | $590,000 | +12.3% | $60,000 | $1,750,000 | 211 |
| 2015 | $569,500 | -3.6% | $246,000 | $1,850,000 | 162 |
| 2016 | $600,000 | +5.1% | $240,000 | $1,435,000 | 166 |
| 2017 | $720,000 | +16.7% | $315,000 | $1,900,000 | 153 |
| 2018 | $720,000 | 0.0% | $335,000 | $1,850,000 | 160 |
| 2019 | $710,000 | -1.4% | $270,000 | $1,540,000 | 137 |
| 2020 | $710,000 | 0.0% | $310,000 | $2,343,750 | 114 |
Median Sale Price
$720K
Based on 166 recorded sales within the last 12 months
Updated on 22 Sep 2020
Suburb Growth
+1.0%
Current Median Price: $720,000
Previous Median Price: $713,000
Based on 300 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$410
Updated on Aug 2020
2 BR $370 | 3 BR $430 | 4 BR $498 |
Unit
$340
Updated on Aug 2020
1 BR $243 | 2 BR $330 | 3 BR $450 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $150 | $750 | 157 |
| 2012 | $375 | +4.0% | $135 | $750 | 160 |
| 2013 | $375 | 0.0% | $110 | $800 | 217 |
| 2014 | $390 | +3.8% | $195 | $1,000 | 159 |
| 2015 | $390 | 0.0% | $150 | $850 | 260 |
| 2016 | $400 | +2.5% | $170 | $790 | 226 |
| 2017 | $400 | 0.0% | $235 | $850 | 249 |
| 2018 | $430 | +7.0% | $250 | $970 | 211 |
| 2019 | $420 | -2.4% | $251 | $1,730 | 192 |
| 2020 | $425 | +1.2% | $265 | $1,040 | 105 |
Median Rent Price
$430
per week
Based on 152 recorded rent within the last 12 months
Updated on 22 Sep 2020
Rent Price Growth
+1.2%
Current Median Rent: $430
Previous Median Rent: $425
Based on 349 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $720,000
Current Median rent: $430
Based on 318 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 Prospect
Houses sold in Last 12 months ends 19 Sep 2020
$725K
Median Sale Price
69%
Clearance Rate
15/22
Sold/Reported
$1.25M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 2 | |
| $800 K - $1 M | 3 | |
| $600 K - $800 K (Median Price Range) | 6 | |
| $400 K - $600 K | 1 | |
Schools closest to Prospect, SA 5082
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Rosary School | 15 GLADSTONE ROADProspect 5082 | Primary | Catholic | 0.4 km |
| Prospect Primary SchoolTop 100 | GLADSTONE ROADProspect 5082 | Primary | Government | 0.44 km |
| Prescott CollegeTop 100 | 2 KOONGA AVEProspect 5082 | Secondary | Independent | 0.61 km |
| Blackfriars Priory SchoolTop 50 | 17 PROSPECT RDProspect 5082 | Combined | Catholic | 0.86 km |
| Nailsworth Primary SchoolTop 100 | BALFOUR STREETNailsworth 5083 | Primary | Government | 1.04 km |
| Prospect North Primary School | STUART ROADProspect 5082 | Primary | Government | 1.42 km |
| Brompton Primary School | NAPIER STREETRenown Park 5008 | Primary | Government | 1.41 km |
| Bowden Brompton Community School | TORRENS ROADBrompton 5007 | Combined | Government | 1.53 km |
| Immaculate Heart of Mary School | 95 EAST STREETBrompton 5007 | Primary | Catholic | 1.63 km |
| Our Lady of the Sacred Heart College | 496 REGENCY ROADEnfield 5085 | Secondary | Catholic | 1.83 km |