South Morang, VIC 3752

South Morang, VIC 3752

Compare Part of Whittlesea

21.19 km
Distance from 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

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