Median Sale Price
House
-
Updated on Apr 2022
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2022
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 | $990,000 | +24.2% | $595,000 | $1,810,000 | 11 |
Median Sale Price
$990K
Based on 18 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+42.9%
Current Median Price: $990,000
Previous Median Price: $565,000
Based on 33 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$493
Updated on May 2022
2 BR - | 3 BR $488 | 4 BR $490 |
Unit
-
Updated on Apr 2022
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 | $550 | +10.0% | $390 | $800 | 4 |
Median Rent Price
$550
per week
Based on 7 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+27.3%
Current Median Rent: $550
Previous Median Rent: $400
Based on 16 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $990,000
Current Median rent: $550
Based on 25 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
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 |