South Morang, VIC 3752
Compare Part of Whittlesea
21.19 km
Distance from Melbourne CBD
5 k
Population
Auction Times
Sat 6 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 32 Lanata Street 4 2 2 House | 12:30 PM Sat 6th Jun | Melbourne Estate Agents |
Median Sale Price
House
$633K
Updated on Mar 2020
2 BR $450K | 3 BR $575K | 4 BR $685K |
Unit
$391K
Updated on Mar 2020
1 BR $290K | 2 BR $375K | 3 BR $465K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $375,000 | 0.0% | $196,000 | $1,265,000 | 406 |
| 2010 | $430,000 | +12.8% | $295,000 | $39,500,000 | 425 |
| 2011 | $412,500 | -4.2% | $177,000 | $1,190,000 | 287 |
| 2012 | $420,000 | +1.8% | $280,000 | $950,000 | 279 |
| 2013 | $415,000 | -1.2% | $197,000 | $1,360,000 | 385 |
| 2014 | $425,000 | +2.4% | $220,000 | $1,075,000 | 375 |
| 2015 | $455,000 | +6.6% | $260,002 | $1,700,000 | 328 |
| 2016 | $501,000 | +9.2% | $303,000 | $1,300,000 | 317 |
| 2017 | $620,000 | +19.2% | $375,000 | $2,950,000 | 302 |
| 2018 | $645,000 | +3.9% | $315,000 | $1,600,000 | 248 |
| 2019 | $630,000 | -2.4% | $380,000 | $2,345,000 | 251 |
| 2020 | $651,000 | +3.2% | $330,000 | $1,020,000 | 78 |
Median Sale Price
$640K
Based on 253 recorded sales within the last 12 months
Updated on 29 May 2020
Suburb Growth
+1.9%
Current Median Price: $640,000
Previous Median Price: $628,000
Based on 482 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$400
Updated on Apr 2020
2 BR $350 | 3 BR $380 | 4 BR $430 |
Unit
$365
Updated on Apr 2020
1 BR $320 | 2 BR $345 | 3 BR $380 | 4 BR $390 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $370 | 0.0% | $220 | $600 | 314 |
| 2012 | $356 | -3.9% | $225 | $480 | 340 |
| 2013 | $360 | +1.1% | $225 | $700 | 396 |
| 2014 | $360 | 0.0% | $250 | $2,000 | 221 |
| 2015 | $370 | +2.7% | $260 | $650 | 398 |
| 2016 | $380 | +2.6% | $250 | $600 | 315 |
| 2017 | $390 | +2.6% | $290 | $570 | 304 |
| 2018 | $400 | +2.5% | $280 | $650 | 290 |
| 2019 | $400 | 0.0% | $275 | $680 | 275 |
| 2020 | $410 | +2.4% | $300 | $1,651 | 76 |
Median Rent Price
$405
per week
Based on 239 recorded rent within the last 12 months
Updated on 29 May 2020
Rent Price Growth
+1.2%
Current Median Rent: $405
Previous Median Rent: $400
Based on 515 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $640,000
Current Median rent: $405
Based on 492 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)
Auction Results For South Morang
Houses sold in Last 12 months ends 23 May 2020
$638K
Median Sale Price
81%
Clearance Rate
183/226
Sold/Reported
$1.21M
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 | 9 | |
| $600 K - $800 K (Median Price Range) | 95 | |
| $400 K - $600 K | 53 | |
| less than $400 K | 4 | |
Similar Suburbs to South Morang 3752
Based on median house sale price sold in last 12 months
Schools closest to South Morang, VIC 3752
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Morang South Primary School | 77 GORGE ROADSouth Morang 3752 | Primary | Government | 0.55 km |
| Marymede Catholic College | WILLIAMSONS ROADSouth Morang 3752 | Combined | Catholic | 0.91 km |
| Plenty Parklands Primary School | 48 BLOSSOM PARK DRIVEMill Park 3082 | Primary | Government | 2.27 km |
| Gilson College | Mernda 3754 | Primary | Independent | 2.16 km |