Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $310,000 | 0.0% | $220,000 | $530,000 | 12 |
| 2010 | $372,500 | +16.8% | $154,500 | $790,000 | 14 |
| 2011 | $395,000 | +5.7% | $215,000 | $695,000 | 14 |
| 2012 | $325,000 | -21.5% | $235,000 | $659,000 | 13 |
| 2013 | $340,000 | +4.4% | $145,000 | $1,400,000 | 17 |
| 2014 | $410,000 | +17.1% | $215,000 | $660,000 | 18 |
| 2015 | $387,000 | -5.9% | $227,500 | $650,000 | 23 |
| 2016 | $371,000 | -4.3% | $210,000 | $540,000 | 13 |
| 2017 | $435,500 | +14.8% | $200,000 | $600,000 | 17 |
| 2018 | $510,000 | +14.6% | $225,000 | $830,000 | 22 |
| 2019 | $495,000 | -3.0% | $300,000 | $970,000 | 19 |
| 2020 | $545,000 | +9.2% | $355,000 | $868,000 | 16 |
| 2021 | $750,000 | +27.3% | $455,000 | $1,460,000 | 14 |
| 2022 | $713,000 | -5.2% | $565,000 | $1,810,000 | 18 |
| 2023 | $925,000 | +22.9% | $620,000 | $1,350,000 | 16 |
| 2024 | $755,000 | -22.5% | $635,000 | $795,000 | 5 |
Median Sale Price
$890K
Based on 16 recorded sales within the last 12 months
Updated on 23 Apr 2024
Suburb Growth
+19.9%
Current Median Price: $890,000
Previous Median Price: $713,000
Based on 32 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | $240 | 0.0% | $240 | $240 | 1 |
| 2013 | - | - | - | - | - |
| 2014 | $385 | +37.7% | $185 | $550 | 4 |
| 2015 | $300 | -28.3% | $195 | $400 | 9 |
| 2016 | $325 | +7.7% | $240 | $450 | 14 |
| 2017 | $340 | +4.4% | $290 | $420 | 6 |
| 2018 | $340 | 0.0% | $270 | $610 | 7 |
| 2019 | $400 | +15.0% | $295 | $550 | 10 |
| 2020 | $395 | -1.3% | $250 | $500 | 7 |
| 2021 | $495 | +20.2% | $380 | $620 | 6 |
| 2022 | $495 | 0.0% | $285 | $800 | 9 |
| 2023 | $480 | -3.1% | $350 | $525 | 6 |
| 2024 | $550 | +12.7% | $395 | $615 | 3 |
Median Rent Price
$495
per week
Based on 8 recorded rent within the last 12 months
Updated on 23 Apr 2024
Rent Price Growth
0.0%
Current Median Rent: $495
Previous Median Rent: $495
Based on 14 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $890,000
Current Median rent: $495
Based on 24 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to South Arm, TAS 7022
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| South Arm Primary School | 32 HARMONY LANESouth Arm 7022 | Primary | Government | 0.23 km |