Median Sale Price
House
$848K
Updated on Aug 2020
2 BR $733K | 3 BR $750K | 4 BR $885K |
Unit
$610K
Updated on Aug 2020
1 BR - | 2 BR $516K | 3 BR $700K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $467,000 | 0.0% | $330,000 | $998,601 | 314 |
| 2010 | $555,000 | +15.9% | $285,000 | $1,200,000 | 328 |
| 2011 | $520,000 | -6.7% | $175,000 | $1,000,000 | 254 |
| 2012 | $535,000 | +2.8% | $340,000 | $1,528,000 | 237 |
| 2013 | $570,000 | +6.1% | $165,000 | $2,800,000 | 404 |
| 2014 | $612,050 | +6.9% | $400,000 | $1,672,000 | 447 |
| 2015 | $708,000 | +13.6% | $392,000 | $3,360,000 | 423 |
| 2016 | $770,000 | +8.1% | $443,000 | $2,451,000 | 376 |
| 2017 | $865,000 | +11.0% | $560,000 | $1,935,000 | 356 |
| 2018 | $850,000 | -1.8% | $420,000 | $2,030,000 | 283 |
| 2019 | $850,000 | 0.0% | $485,000 | $1,700,000 | 286 |
| 2020 | $840,800 | -1.1% | $330,000 | $1,900,000 | 170 |
Median Sale Price
$860K
Based on 263 recorded sales within the last 12 months
Updated on 30 Sep 2020
Suburb Growth
+4.7%
Current Median Price: $860,000
Previous Median Price: $820,000
Based on 535 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
$460
Updated on Aug 2020
2 BR $390 | 3 BR $440 | 4 BR $508 |
Unit
$420
Updated on Aug 2020
1 BR $350 | 2 BR $385 | 3 BR $435 | 4 BR $550 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $385 | 0.0% | $270 | $680 | 272 |
| 2012 | $410 | +6.1% | $280 | $23,400 | 275 |
| 2013 | $400 | -2.5% | $300 | $1,200 | 329 |
| 2014 | $420 | +4.8% | $290 | $750 | 355 |
| 2015 | $430 | +2.3% | $305 | $900 | 389 |
| 2016 | $450 | +4.4% | $300 | $1,200 | 374 |
| 2017 | $450 | 0.0% | $300 | $800 | 387 |
| 2018 | $460 | +2.2% | $320 | $1,000 | 416 |
| 2019 | $460 | 0.0% | $330 | $2,700 | 383 |
| 2020 | $470 | +2.1% | $330 | $700 | 194 |
Median Rent Price
$470
per week
Based on 292 recorded rent within the last 12 months
Updated on 30 Sep 2020
Rent Price Growth
+2.1%
Current Median Rent: $470
Previous Median Rent: $460
Based on 689 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $860,000
Current Median rent: $470
Based on 555 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 Rowville
Houses sold in Last 12 months ends 26 Sep 2020
$860K
Median Sale Price
78%
Clearance Rate
67/86
Sold/Reported
$1.28M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 6 | |
| $800 K - $1 M (Median Price Range) | 34 | |
| $600 K - $800 K | 15 | |
Similar Suburbs to Rowville 3178
Based on median house sale price sold in last 12 months
Schools closest to Rowville, VIC 3178
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Rowville Primary School | PARATEA DRIVERowville 3178 | Primary | Government | 0.59 km |
| Rowville Secondary College | 17 PARATEA DRIVERowville 3178 | Secondary | Government | 0.72 km |
| St Simon's School | CNR TAYLORS LANE & WELLINGTON RDRowville 3178 | Primary | Catholic | 1.25 km |
| Heany Park Primary School | BUCKINGHAM DRIVERowville 3178 | Primary | Government | 1.87 km |