Westmeadows, VIC 3049

Westmeadows, VIC 3049

Compare Part of Hume

16.51 km
Distance from CBD
9 k
Population

Auction Times

Sat 27 Apr
 Auction Time Agency
2/2 Bent Street
2 1 1 House
10:00 AM
Sat 27th Apr		 Ray White Gladstone Park
14 Douglas Court
0 0 0 Residential land
11:00 AM
Sat 27th Apr		 Jason Real Estate
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
$365,000
 0.0% $201,000 $655,000 72
2010
$420,000
 +13.1% $250,000 $930,000 93
2011
$397,500
 -5.7% $240,000 $980,000 65
2012
$377,000
 -5.4% $261,000 $585,000 54
2013
$390,000
 +3.3% $283,000 $585,500 81
2014
$410,000
 +4.9% $287,000 $920,000 82
2015
$465,000
 +11.8% $285,000 $682,000 95
2016
$499,000
 +6.8% $306,000 $850,000 61
2017
$600,000
 +16.8% $410,000 $1,700,000 85
2018
$640,000
 +6.3% $466,000 $1,640,000 69
2019
$600,000
 -6.7% $350,000 $900,500 69
2020
$620,000
 +3.2% $480,000 $886,000 67
2021
$708,000
 +12.4% $419,500 $1,410,000 88
2022
$702,000
 -0.9% $490,000 $1,513,000 81
2023
$700,000
 -0.3% $430,000 $1,630,000 72
2024
$685,000
 -2.2% $485,000 $1,265,000 26
Median Sale Price
$685K
Based on 76 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-3.6%
Current Median Price: $685,000
Previous Median Price: $710,000
Based on 155 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
$335
 0.0% $280 $490 50
2012
$330
 -1.5% $260 $1,712 73
2013
$340
 +2.9% $270 $659 58
2014
$345
 +1.4% $250 $460 58
2015
$350
 +1.4% $270 $520 83
2016
$360
 +2.8% $240 $480 83
2017
$380
 +5.3% $280 $540 69
2018
$390
 +2.6% $300 $1,050 91
2019
$420
 +7.1% $320 $1,955 69
2020
$400
 -5.0% $300 $1,581 49
2021
$405
 +1.2% $220 $570 70
2022
$425
 +4.7% $250 $680 76
2023
$480
 +11.5% $340 $2,694 62
2024
$575
 +16.5% $420 $2,607 9
Median Rent Price
$500
per week
Based on 51 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+16.0%
Current Median Rent: $500
Previous Median Rent: $420
Based on 126 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $685,000
Current Median rent: $500
Based on 127 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 Westmeadows

Houses sold in Last 12 months ends 13 Apr 2024

$662K

Median Sale Price

80%

Clearance Rate

34/43

Sold/Reported

$1M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 9
$600 K - $800 K
(Median Price Range)		 16
$400 K - $600 K 7

Schools closest to Westmeadows, VIC 3049

School name Address Type Sector Distance
Westmeadows Primary School 34-46 RIDDELL STREETWestmeadows 3049 Primary Government 0.56 km
Gladstone Views Primary School 195 - 227 CARRICK DRIVEGladstone Park 3043 Primary Government 1.72 km
Hume Central Secondary College 60-78 TANDERRUM WAYBroadmeadows 3047 Secondary Government 1.48 km
Gladstone Park Secondary College 14 - 36 TAYLOR DRIVEGladstone Park 3043 Secondary Government 1.9 km
Gladstone Park Primary School 15 - 25 SOUTH CIRCULAR ROADGladstone Park 3043 Primary Government 1.98 km
Bethal Primary School 26-52 ELDORADO CRESCENTMeadow Heights 3048 Primary Government 2.17 km
School of the Good Shepherd 88 SOUTH CIRCULAR RDGladstone Park 3043 Primary Catholic 2.38 km