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 | $245,000 | 0.0% | $62,000 | $265,000 | 4 |
| 2010 | $220,000 | -11.4% | $95,000 | $560,000 | 8 |
| 2011 | $190,000 | -15.8% | $80,000 | $495,000 | 14 |
| 2012 | $190,000 | 0.0% | $53,000 | $295,000 | 36 |
| 2013 | $178,000 | -6.7% | $96,000 | $320,000 | 20 |
| 2014 | $175,000 | -1.7% | $97,000 | $415,000 | 21 |
| 2015 | $169,000 | -3.6% | $120,500 | $410,000 | 39 |
| 2016 | $228,000 | +25.9% | $137,000 | $360,000 | 16 |
| 2017 | $207,500 | -9.9% | $145,000 | $490,000 | 24 |
| 2018 | $275,000 | +24.5% | $190,000 | $495,000 | 12 |
| 2019 | $238,000 | -15.5% | $150,000 | $560,000 | 22 |
| 2020 | $235,000 | -1.3% | $181,000 | $510,000 | 17 |
| 2021 | $335,000 | +29.9% | $165,000 | $940,000 | 25 |
| 2022 | $430,000 | +22.1% | $180,000 | $675,000 | 27 |
| 2023 | $430,000 | 0.0% | $279,000 | $710,000 | 23 |
| 2024 | $515,000 | +16.5% | $360,000 | $515,000 | 4 |
Median Sale Price
$435K
Based on 23 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+2.3%
Current Median Price: $435,000
Previous Median Price: $425,000
Based on 43 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 | $225 | 0.0% | $120 | $310 | 8 |
| 2012 | $185 | -21.6% | $165 | $220 | 8 |
| 2013 | $215 | +14.0% | $160 | $400 | 12 |
| 2014 | $220 | +2.3% | $185 | $450 | 20 |
| 2015 | $230 | +4.3% | $170 | $320 | 9 |
| 2016 | $250 | +8.0% | $200 | $1,825 | 15 |
| 2017 | $280 | +10.7% | $175 | $370 | 8 |
| 2018 | $240 | -16.7% | $235 | $320 | 3 |
| 2019 | $325 | +26.2% | $240 | $340 | 4 |
| 2020 | $365 | +11.0% | $250 | $375 | 3 |
| 2021 | $300 | -21.7% | $200 | $395 | 6 |
| 2022 | $380 | +21.1% | $360 | $430 | 3 |
| 2023 | $360 | -5.6% | $270 | $375 | 3 |
| 2024 | - | - | - | - | - |
Median Rent Price
$375
per week
Based on 1 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+4.0%
Current Median Rent: $375
Previous Median Rent: $360
Based on 4 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $435,000
Current Median rent: $375
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)
Auction Results For Tongala
Houses sold in Last 12 months ends 13 Apr 2024
$368K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$368K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 2 | |
Similar Suburbs to Tongala 3621
Based on median house sale price sold in last 12 months
Schools closest to Tongala, VIC 3621
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Patrick's Primary School | MANGAN STTongala 3621 | Primary | Catholic | 0.52 km |
| Tongala Primary School | 28 MILLER STREETTongala 3621 | Primary | Government | 0.77 km |