Safety Beach, VIC 3936

Safety Beach, VIC 3936

Compare Part of Mornington Peninsula

55.79 km
Distance from CBD
8 k
Population

Auction Times

Sat 22 Feb
Auction Time Agency
30 Buckley Street
3 2 2 House
11:00 AM
Sat 22nd Feb
Community Real Estate
4/35-37 Dromana Parade
4 2 2 Townhouse
3:30 PM
Sat 22nd Feb
NicholasLynch
Median Sale Price
House
$785K
Updated on Jan 2020
2 BR
$653K
3 BR
$755K
4 BR
$864K
Unit
$560K
Updated on Jan 2020
1 BR
-
2 BR
$455K
3 BR
$610K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$420,000
0.0% $180,000 $1,125,000 74
2010
$510,000
+17.6% $300,000 $2,500,000 103
2011
$500,000
-2.0% $370,000 $1,200,000 107
2012
$510,000
+2.0% $175,000 $1,950,000 92
2013
$490,000
-4.1% $270,000 $1,550,000 157
2014
$535,000
+8.4% $208,000 $1,450,000 141
2015
$605,000
+11.6% $195,000 $1,550,000 133
2016
$640,000
+5.5% $230,955 $2,300,000 115
2017
$770,000
+16.9% $300,000 $3,500,000 128
2018
$845,000
+8.9% $230,000 $2,350,000 104
2019
$790,000
-7.0% $280,000 $2,475,000 118
2020
$890,000
+11.2% $570,000 $2,250,000 16
Median Sale Price
$805K
Based on 120 recorded sales within the last 12 months
Updated on 17 Feb 2020
Suburb Growth
-5.0%
Current Median Price: $805,000
Previous Median Price: $845,000
Based on 227 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$465
Updated on Jan 2020
2 BR
$370
3 BR
$430
4 BR
$550
Unit
$448
Updated on Jan 2020
2 BR
$373
3 BR
$465
4 BR
$510
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$380
0.0% $240 $850 52
2012
$390
+2.6% $220 $7,000 65
2013
$390
0.0% $225 $12,000 91
2014
$430
+9.3% $250 $8,000 109
2015
$420
-2.4% $150 $1,500 131
2016
$420
0.0% $155 $7,000 107
2017
$480
+12.5% $290 $1,500 122
2018
$490
+2.0% $110 $1,100 134
2019
$500
+2.0% $280 $1,100 109
2020
$470
-6.4% $405 $580 7
Median Rent Price
$480
per week
Based on 97 recorded rent within the last 12 months
Updated on 17 Feb 2020
Rent Price Growth
-3.1%
Current Median Rent: $480
Previous Median Rent: $495
Based on 232 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $805,000
Current Median rent: $480
Based on 217 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Safety Beach

Houses sold in Last 12 months ends 15 Feb 2020

$740K

Median Sale Price

83%

Clearance Rate

34/41

Sold/Reported

$1.99M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M 1
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 2
$1 M - $1.2 M 1
$800 K - $1 M 7
$600 K - $800 K
(Median Price Range)
12
$400 K - $600 K 4