Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter...

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Valuer-General Victoria Victorian Property Sales Report December 2019 quarter

Transcript of Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter...

Page 1: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Valuer-General Victoria

Victorian Property Sales Report

December 2019 quarter

Page 2: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

© The State of Victoria Department of Environment, Land, Water and Planning 2020

This work is licensed under a Creative Commons Attribution 4.0 International licence. You are free to re-use the work under that licence, on the condition that you credit the State of Victoria as author. The licence does not apply to any images, photographs or branding, including the Victorian Coat of Arms, the Victorian Government logo and the Department of Environment, Land, Water and Planning (DELWP) logo. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/

Disclaimer This publication may be of assistance to you but the State of Victoria and its employees do not guarantee that the publication is without flaw of any kind or is wholly appropriate for your particular purposes and therefore disclaims all liability for any error, loss or other consequence which may arise from you relying on any information in this publication.

Accessibility If you would like to receive this publication in an alternative format, please telephone the DELWP Customer Service Centre on 136 186, email [email protected], or via the National Relay Service on 133 677 www.relayservice.com.au. This document is also available on the internet at www.delwp.vic.gov.au.

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Explanatory notes ......................................................................................................................................... i

Quarterly sales statistics – overall observations ..................................................................................... 1

Quarterly update – median house prices .................................................................................................. 2

Metropolitan Melbourne .............................................................................................................................. 2

Country Victoria ........................................................................................................................................... 6

Map – metropolitan Melbourne houses – quarter change in median prices ......................................... 9

Map – metropolitan Melbourne houses – year-to-date change in median prices ............................... 10

Aggregate data ........................................................................................................................................... 11

Suburb/township house price data .......................................................................................................... 14

Suburb/township unit price data .............................................................................................................. 33

Suburb/township vacant residential land price data ............................................................................. 46

Contents

Page 4: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

The aim of the Victorian Property Sales Report is to present factual information relating to property sales occurring throughout Victoria over a period of 15 months. The suburb medians are presented in three-month segments, commonly referred to as quarters.

Medians for metropolitan Melbourne, country Victoria and the state as a whole are also included for the same time period.

The figures for the most recent quarter are preliminary and represent 93 per cent of the settled sales expected for the quarter. This is due to the extended settlement period for off the plan sales. These adjustments are not expected to significantly alter the median prices listed in this guide.

This is because the information used to compile the report is obtained from Notices of Acquisition (NOA), which are required to be completed by each purchaser within one month of the acquisition of any real estate in Victoria.

The State Revenue Office supplies the Valuer-General a copy of the completed NOA for each transaction under the provisions of the Land Tax Act 1958. The information is collated and loaded onto a master property file. The table and charts presented in this report are derived from analysis of sales data.

Some property settlements can take up to 120 days or longer, which means total data for a particular quarter may not be received by the Valuer-General until well after the end of the quarter.

The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of sales in rural areas can distort sales trends.

The median sale price, as used throughout the report, is the value of the middle item when all sale prices are arranged in ascending order. Valuer-General Victoria does not allow for changes in the composition of sales over time – i.e. the types of dwellings sold in one period may be different to those sold in another period.

The number of sales comprises the total number of properties changing ownership. These sales statistics do not include transfers of titles that relate to legacies and gifts.

Considerable care has been taken to ensure the accuracy and quality of information and computer programs used to derive these tables and charts. However, the Department of Environment, Land, Water and Planning accepts no responsibility for the accuracy of the results obtained or minor percentage differences that may occur due to rounding of median prices to assist readability. People using this information are strongly advised to seek confirmation of any statistical information.

Explanatory notes

Victorian Property Sales Report December 2019 quarter i

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The median house price in Victoria increased by 6.3 per cent from $600,000 to $637,500 in the December 2019 quarter, having showed no change in the previous quarter (June 2019 to September 2019). For the 12 months from December 2018 to December 2019, the median house price in Victoria increased 3.7 per cent, from $615,000 to $637,500.

The median price of units in Victoria increased by 5.1 per cent from $533,900 in the September 2019 quarter to $561,000 in the December 2019 quarter, having increased by 2.7 per cent in the previous quarter. The median price of units in Victoria for the December 2019 quarter was lower than the median price of houses. For the 12 months from December 2018 to December 2019, the median unit price increased by 6.9 per cent from $525,000 to $561,000.

The metropolitan Melbourne median house price increased by 7 per cent to $761,000 in the December 2019 quarter and the median unit price increased by 4.4 per cent to $595,000. For the 12 months to December 2019, median sales prices in metropolitan Melbourne increased by 2.1 per cent for houses and 6.6 per cent for units.

In the December 2019 quarter, the median house price in country Victoria increased by 3.9 per cent to $395,000 and units increased by 4.1 per cent to $315,000. Over the 12 months to December 2019, median sale prices in country Victoria increased by 5.3 per cent for houses and by 10.5 per cent for units.

Of the 748 listed Victorian locations, 359 had median house price increases for the December 2019 quarter compared to 324 in the September 2019 quarter. Four localities recorded no change, 156 showed a decrease and 229 had insufficient sales.

The maximum number of house sales for the quarter was 272 in Pakenham. There were 29 locations with 100 or more sales in the December 2019 quarter.

Victorian Valuer-General, Robert Marsh

Quarterly sales statistics – overall observations

‘The Victorian Property Sales Report provides the most comprehensive quarterly property data available. It represents 93 per cent of settled sales across the state and is based on official Notices of Acquisition.’

Victorian Property Sales Report December quarter 2019 1

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House sales data for the whole of Victoria for the quarter ending December 2019 indicates that the median house sale price increased by 6.3 per cent from $600,000 to $637,500 in the December 2019 quarter. Metropolitan house prices increased by 7 per cent to $761,000 and country Victoria house prices increased by 3.9 per cent to $395,000.

Quoting the highest and lowest increases and decreases for the quarter does not necessarily provide a definitive indication of the property market. However, the examples of sub-market groupings provided – defined by regional suburb location and township size – may be useful for analysis and comparison. The use of simple comparisons – increases and decreases in median prices between similar suburbs or towns – disregards the number of sales comprising the median and can be misleading in some instances. It should be remembered that suburbs and towns with higher numbers of sales provide the best guide to trends.

Property analysts will be able to define and explain various locations’ trends using their knowledge of individual locations and their associated sub-market anomalies. This is the purpose of publishing a comprehensive set of data for the whole of Victoria, as reported to Land Use Victoria over the 15 months to December 2019. A sub-market group is a set of properties grouped by land values and other market characteristics or attributes common to the group, such as land use or building construction.

It is estimated that almost 93 per cent of sales for the December quarter of 2019 and 98 per cent for the September quarter of 2019 are included in the data, making it the most comprehensive and authoritative property information available. By allowing extra time for data collection, the Victorian Property Sales Report provides an accurate picture of the property market, which offers certainty to government, the property industry, purchasers and sellers.

The number of Victorian house sales so far recorded for the December 2019 quarter is 21,750. Using the above percentage, it is anticipated that the number of sales for the December 2019 quarter will be approximately 23,387. This is a 21.6 per cent increase from the number of sales in the September 2019 quarter and a 28 per cent increase on the same quarter the previous year (December 2018).

Metropolitan Melbourne The median house price in metropolitan Melbourne increased from $711,000 in the September 2019 quarter to $761,000 in the December 2019 quarter.

This follows a 0.9 per cent increase in the previous quarter. The number of metropolitan sales for the quarter is expected to culminate at 15,878, which is 22.6 per cent higher than the September 2019 quarter and 33.5 per cent higher than the December 2018 quarter.

The data indicates that the driving factor in the metropolitan Melbourne housing values were localities within 20 km of Melbourne, predominately the inner-eastern suburbs.

The data demonstrates the volatility in median house price changes and indicates the need for data analysts to undertake their own detailed research. It has been observed that fewer suburbs showed an increase in median house price in the December 2019 quarter compared to the September 2019 quarter (219 metropolitan suburbs with 10 or more sales show an increase in median house price for this quarter compared to 230 suburbs for the September 2019 quarter).

Of the metropolitan suburbs with 10 or more sales in both of the last two quarters, 73 shifted from showing a median price increase for the September 2019 quarter to a median price decrease for the December 2019 quarter. For example, Abbotsford increased by 16 per cent in the September 2019 quarter, while it decreased by 10.1 per cent in the December 2019 quarter. This compares to 37 metropolitan suburbs shifting from an increase in the June 2019 quarter to a decrease in the September 2019 quarter.

Conversely, 57 metropolitan suburbs with 10 or more sales shifted from showing a median price decrease in the September 2019 quarter to a median price increase in the December 2019 quarter. This compares to 131 metropolitan suburbs shifting from a decrease in the June 2019 quarter to an increase in the September 2019 quarter.

Six metropolitan suburbs with 10 or more sales showed decreases for both the September 2019 and December 2019 quarters. Significant examples include Dromana and Aspendale. This compares to 18 metropolitan suburbs in the previous quarter.

The largest median price increase for the quarter in a suburb with 10 or more sales occurred in Carlton, which had 12 sales and rose by 53.9 per cent ($1,134,000 to $1,745,000).

The next biggest increase for the quarter in the Melbourne metropolitan area occurred in Caulfield South, which had 32 sales and rose by 32.8 per cent to $1,722,500.

Quarterly update – median house prices

Victorian Property Sales Report December quarter 2019 2

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For the quarter, Toorak had the largest median house price decrease in a metropolitan suburb with 10 or more sales. It had 25 house sales and its median house price decreased by 25.5 per cent, from $5,165,000 to $3,850,000. South Yarra experienced the second highest median price decrease in metropolitan Melbourne. It had 32 sales and its median price decreased by 20.2 per cent from $2,088,000 to $1,665,500

Melton’s median price of $385,000 was the lowest for metropolitan suburbs in the December 2019 quarter. It had 33 sales and its median price decreased by 3.1 per cent from the September 2019 quarter.

Inner suburbs (within 10 km of Melbourne CBD)

Suburb December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Albert Park 2,020,000 2,380,000 2,200,000 8.9 -7.6

Ascot Vale 1,235,400 978,800 1,034,300 -16.3 5.7

Brunswick 1,055,000 1,037,500 1,130,000 7.1 8.9

Caulfield South 1,500,000 1,297,500 1,722,500 14.8 32.8

Elsternwick 1,920,000 2,044,000 1,817,500 -5.3 -11.1

Fitzroy North 1,450,000 1,295,000 1,450,000 0.0 12.0

Footscray 860,000 816,000 849,000 -1.3 4.0

Hawthorn 2,405,000 1,865,000 2,475,000 2.9 32.7

Kensington 1,000,000 947,000 1,185,000 18.5 25.1

Malvern 2,430,000 2,825,500 2,650,000 9.1 -6.2

McKinnon 1,203,000 1,555,000 1,497,500 24.5 -3.7

Melton 390,000 397,500 385,000 -1.3 -3.1

Preston 902,000 953,100 1,020,000 13.1 7.0

Richmond 1,231,500 1,245,000 1,330,000 8.0 6.8

South Melbourne 1,450,000 1,525,000 1,720,000 18.6 12.8

South Yarra 1,620,000 2,088,000 1,665,500 2.8 -20.2

St Kilda 1,727,500 1,467,500 3,017,500 74.7 105.6

Toorak 4,275,000 5,165,000 3,850,000 -9.9 -25.5

Williamstown 1,330,000 1,350,000 1,400,000 5.3 3.7

Victorian Property Sales Report December quarter 2019 3

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Eastern suburbs (10–20 km from Melbourne CBD)

Suburb December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Balwyn 2,337,500 2,400,000 2,408,000 3.0 0.3

Blackburn 1,200,000 1,310,000 1,380,000 15.0 5.3

Box Hill North 1,040,000 1,222,500 1,264,500 21.6 3.4

Box Hill South 1,048,900 1,296,400 1,265,000 20.6 -2.4

Burwood 1,205,000 1,359,000 1,213,100 0.7 -10.7

Camberwell 2,100,000 2,169,000 2,300,000 9.5 6.0

Glen Iris 1,760,000 1,920,000 2,000,000 13.6 4.2

Oakleigh South 896,000 886,000 1,065,000 18.9 20.2

Surrey Hills 1,780,000 1,931,000 1,843,800 3.6 -4.5

Western suburbs (10–20 km from Melbourne CBD)

Suburb December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Altona 1,000,000 887,500 910,000 -9.0 2.5

Cairnlea 785,000 772,500 730,000 -7.0 -5.5

Deer Park 576,500 540,000 602,500 4.5 11.6

Derrimut 615,000 671,500 680,000 10.6 1.3

Keilor East 760,000 880,000 815,000 7.2 -7.4

St Albans 615,000 590,000 623,300 1.3 5.6

Sunshine 683,500 625,000 770,000 12.7 23.2

Sunshine West 619,000 645,000 655,000 5.8 1.6

Outer-western suburbs (20+ km from Melbourne CBD)

Suburb December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Albanvale 530,000 500,000 517,000 -2.5 3.4

Caroline Springs 607,000 620,000 652,500 7.5 5.2

Hoppers Crossing 545,000 540,000 525,000 -3.7 -2.8

Point Cook 615,000 657,500 650,000 5.7 -1.1

Sydenham 570,000 565,000 599,500 5.2 6.1

Tarneit 547,500 560,500 550,500 0.5 -1.8

Taylors Hill 715,000 693,500 734,500 2.7 5.9

Werribee 515,000 525,000 511,400 -0.7 -2.6

Victorian Property Sales Report December quarter 2019 4

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Outer-eastern suburbs (20+ km from Melbourne CBD)

Suburb December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Bayswater 740,000 737,000 800,000 8.1 8.5

Bayswater North 700,000 707,900 695,600 -0.6 -1.7

Boronia 670,000 700,000 730,000 9.0 4.3

Ferntree Gully 710,000 706,500 765,000 7.7 8.3

Heathmont 900,000 856,000 915,000 1.7 6.9

Knoxfield 725,000 803,200 788,000 8.7 -1.9

Wantirna 838,000 951,000 877,500 4.7 -7.7

Victorian Property Sales Report December quarter 2019 5

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Country Victoria Country Victoria’s median house price increased by 3.9 per cent to $395,000 in the December 2019 quarter. Over the 12 months to December 2019, the median house price in country Victoria increased by 5.3 per cent from $380,000 to $395,000.

The number of country Victoria house sales for the December 2019 quarter is expected to be 7,509, which is 17.7 per cent more than the December 2018 quarter.

A comparison of house prices in regional, seaside and large towns also indicates various trends.

Bendigo median house prices increased by 5.9 per cent, having decreased by 20 per cent in the previous quarter. Mildura increased by 6.4 per cent for the December 2019 quarter, having decreased by 7.5 per cent in the previous quarter.

The sample of large towns is the same used in the previous quarter’s report. It shows that 11 of the 12 large towns had increases in median house prices in the December 2019 quarter compared to the September 2019 quarter which showed increases in three towns. For the 12 months from the December 2018 to December 2019 quarter, there were increases in eight towns.

Bairnsdale showed an increase of 4.2 per cent for the December 2019 quarter, having decreased by 5.2 per cent in the previous quarter. Wangaratta increased by 13.9 per cent and Sale increased by 6.5 per cent in the December 2019 quarter, having decreased in the previous quarter by 11.5 per cent.

The sample of seaside towns shows that seven of the nine towns selected had increases in their median house prices from the September 2019 to December 2019 quarters. Anglesea increased by 10.8 per cent, having increased by 20.5 per cent during the previous quarter. Cowes West’s median house price decreased by 7.7 per cent for the December 2019 quarter, having increased by 2.5 per cent in the previous quarter. Venus Bay’s median house price increased by 2.2 per cent for the December 2019 quarter, having increased by 2.3 per cent in the previous quarter.

Victorian Property Sales Report December quarter 2019 6

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Regional cities

Suburbs in regional cities December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Ballarat Central 470,000 510,000 525,000 11.7 2.9

Bendigo 375,000 390,000 413,000 10.1 5.9

Geelong West 695,000 685,000 690,000 -0.7 0.7

Horsham 246,000 269,000 265,000 7.7 -1.5

Mildura 320,000 315,000 335,100 4.7 6.4

Shepparton 282,500 295,000 273,000 -3.4 -7.5

Warrnambool 355,000 370,000 385,000 8.5 4.1

Wodonga 349,500 320,000 352,000 0.7 10.0

Large towns

Suburbs in large towns December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Bairnsdale 265,000 274,500 286,000 7.9 4.2

Castlemaine 500,000 452,000 559,000 11.8 23.7

Colac 325,000 300,100 315,000 -3.1 5.0

Echuca 392,000 386,300 360,000 -8.2 -6.8

Hamilton 220,000 200,000 217,500 -1.1 8.8

Moe 195,000 190,000 241,300 23.7 27.0

Morwell 175,000 170,500 183,000 4.6 7.3

Sale 328,000 308,000 328,000 0.0 6.5

Swan Hill 244,000 277,500 295,000 20.9 6.3

Traralgon 290,000 325,000 338,000 16.6 4.0

Wangaratta 340,500 299,500 341,000 0.1 13.9

Yarrawonga 340,000 372,500 395,000 16.2 6.0

Victorian Property Sales Report December quarter 2019 7

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Seaside towns

Suburbs in seaside towns December

quarter 2018 $

September quarter 2019 $

December quarter 2019 $

% change Dec 2018- Dec 2019

% change Sep 2019– Dec 2019

Anglesea 925,000 1,000,000 1,107,500 19.7 10.8

Cowes West 520,000 520,000 480,000 -7.7 -7.7

Inverloch 617,000 575,000 631,300 2.3 9.8

Lakes Entrance 330,500 277,000 335,000 1.4 20.9

Ocean Grove 700,000 687,500 747,500 6.8 8.7

Portland 233,500 275,000 282,000 20.8 2.5

St Leonards 580,000 577,500 572,500 -1.3 -0.9

Torquay 815,000 773,100 845,000 3.7 9.3

Venus Bay 340,000 335,000 342,500 0.7 2.2

Victorian Property Sales Report December quarter 2019 8

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Essendon

Melbourne

Emerald

Brighton

MountDandenong

Croydon

FerntreeGully

Knoxfield

BelgraveSouth

Lysterfield

Mordialloc

Forest HillAltona North

MountWaverley

Kew

Frankston

Point Cook

Moorabbin

Avalon

MeltonGreensborough

Keilor

BoxHill

Yarrambat

Reservoir

Preston

Yering

Dandenong

Templestowe

Northcote

Campbellfield

Warrandyte

Cardinia

Curlewis

Clyde

MountEvelyn

Thomastown

EynesburyMountCottrell

Portarlington

Moolap

CliftonSprings

QuandongWyndham

Vale

Werribee

NarreWarren

St KildaLaverton

Lilydale

Monbulk

CarolineSprings

SunshineNorth

Aintree

Beaconsfield

ChirnsidePark

Fawkner

Cranbourne

Oakleigh

Eltham

Heidelberg

DoncasterEast

BayswaterCamberwell

Balwyn

Seaford

Parwan

Brunswick

Derrimut

Truganina

Williamstown

Coburg

Point Wilson

Langwarrin

Sandringham

DiamondCreek

Lyndhurst

Footscray

Springvale

PortMelbourne

Ringwood

Metropolitan Melbourne houses - quarterly change in median pricesSeptember quarter 2019 to December quarter 2019

¯

0 10 205 Kilometers

% Change

≤55

≤50

≤45

≤40

≤35

≤30

≤25

≤20

≤15

≤10

≤5

≤0

≤-5

≤-10

≤-15

≤-20

≤-25

Insufficient sales

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Essendon

Melbourne

Emerald

Brighton

MountDandenong

Croydon

FerntreeGully

Knoxfield

BelgraveSouth

Lysterfield

Mordialloc

Forest HillAltona North

MountWaverley

Kew

Frankston

Point Cook

Moorabbin

Avalon

MeltonGreensborough

Keilor

BoxHill

Yarrambat

Reservoir

Preston

Yering

Dandenong

Templestowe

Northcote

Campbellfield

Warrandyte

Cardinia

Curlewis

Clyde

MountEvelyn

Thomastown

EynesburyMountCottrell

Portarlington

Moolap

CliftonSprings

QuandongWyndham

Vale

Werribee

NarreWarren

St KildaLaverton

Lilydale

Monbulk

CarolineSprings

SunshineNorth

Aintree

Beaconsfield

ChirnsidePark

Fawkner

Cranbourne

Oakleigh

Eltham

Heidelberg

DoncasterEast

BayswaterCamberwell

Balwyn

Seaford

Parwan

Brunswick

Derrimut

Truganina

Williamstown

Coburg

Point Wilson

Langwarrin

Sandringham

DiamondCreek

Lyndhurst

Footscray

Springvale

PortMelbourne

Ringwood

Metropolitan Melbourne houses - yearly change in median pricesDecember quarter 2018 to December quarter 2019

¯

0 10 205 Kilometers

% Change

≤100

≤90

≤80

≤70

≤60

≤50

≤40

≤30

≤20

≤10

≤0

≤-10

≤-20

≤-30

≤-40

Insufficient sales

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RESIDENTIAL PRICE STATISTICS

VICTORIA

Vacant House Block MedianHouse Median Unit/Apartment Median

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

$550,000

$600,000

$650,000

Jul-Sep 2018 Oct-Dec 2018 Jan-Mar 2019 Apr-Jun 2019 Jul-Sep 2019 Oct-Dec 2019

Vacant House Blocks

Change

(%)Qtr

Median

Price

No. of

Sales

No. of

Sales

No. of

Sales

Median

Price

Median

Price

Houses Units/Apartments

Change

(%)

Change

(%)

18,349 605,000 8,460 515,000 5,312 254,000 0.0Jul-Sep 2018 0.0 0.0

18,270 615,000 7,348 525,000 3,652 235,000 1.7Oct-Dec 2018 1.9 -7.5

15,661 587,000 6,302 500,000 3,047 225,000 -4.6Jan-Mar 2019 -4.8 -4.3

17,777 600,000 7,514 520,000 3,136 240,000 2.2Apr-Jun 2019 4.0 6.7

18,841 600,000 8,360 533,900 4,041 265,000 0.0Jul-Sep 2019 2.7 10.4

21,750 637,500 9,390 561,000 3,945 270,000 6.3Oct-Dec 2019 5.1 1.9

Victorian Property Sales Report December quarter 2019 11

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RESIDENTIAL PRICE STATISTICS

MELBOURNE METROPOLITAN AREA

Vacant House Block MedianHouse Median Unit/Apartment Median

$300,000

$350,000

$400,000

$450,000

$500,000

$550,000

$600,000

$650,000

$700,000

$750,000

$800,000

Jul-Sep 2018 Oct-Dec 2018 Jan-Mar 2019 Apr-Jun 2019 Jul-Sep 2019 Oct-Dec 2019

Vacant House Blocks

Change

(%)Qtr

Median

Price

No. of

Sales

No. of

Sales

No. of

Sales

Median

Price

Median

Price

Houses Units/Apartments

Change

(%)

Change

(%)

11,909 726,000 7,337 550,000 2,625 325,000 0.0Jul-Sep 2018 0.0 0.0

11,893 745,000 6,370 558,000 1,602 328,900 2.6Oct-Dec 2018 1.5 1.2

10,041 690,000 5,355 530,000 1,207 322,000 -7.4Jan-Mar 2019 -5.0 -2.1

12,126 705,000 6,561 550,700 1,419 315,000 2.2Apr-Jun 2019 3.9 -2.2

12,689 711,000 7,335 570,000 2,132 318,300 0.9Jul-Sep 2019 3.5 1.0

14,767 761,000 8,253 595,000 2,137 320,500 7.0Oct-Dec 2019 4.4 0.7

Victorian Property Sales Report December quarter 2019 12

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RESIDENTIAL PRICE STATISTICS

COUNTRY VICTORIA

Vacant House Block MedianHouse Median Unit/Apartment Median

$120,000

$160,000

$200,000

$240,000

$280,000

$320,000

$360,000

$400,000

Jul-Sep 2018 Oct-Dec 2018 Jan-Mar 2019 Apr-Jun 2019 Jul-Sep 2019 Oct-Dec 2019

Vacant House Blocks

Change

(%)Qtr

Median

Price

No. of

Sales

No. of

Sales

No. of

Sales

Median

Price

Median

Price

Houses Units/Apartments

Change

(%)

Change

(%)

6,440 360,300 1,123 282,500 2,687 158,200 0.0Jul-Sep 2018 0.0 0.0

6,377 375,000 978 285,000 2,050 155,000 4.1Oct-Dec 2018 0.9 -2.0

5,620 375,000 947 285,000 1,840 159,000 0.0Jan-Mar 2019 0.0 2.6

5,651 379,000 953 290,000 1,717 155,000 1.1Apr-Jun 2019 1.8 -2.5

6,152 380,000 1,025 302,500 1,909 163,000 0.3Jul-Sep 2019 4.3 5.2

6,983 395,000 1,137 315,000 1,808 165,000 3.9Oct-Dec 2019 4.1 1.2

Victorian Property Sales Report December quarter 2019 13

Page 18: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

ABBOTSFORD 10250001185000 982500992500 1140000^ -13.5 -10.153 19

ABERFELDIE 13900001380500 11725001420000 1352500^ ^ ^ ^ 0.7 2.828 9

AINTREE 620400563500 595000575000 575000^ 10.1 7.984 26

AIREYS INLET 14000001007500 719000925000 700000^ ^ ^ ^ 39.0 100.024 7

AIRPORT WEST 855500792500 758000749000 810000 7.9 5.695 28

ALBANVALE 517000530000 491500520000 500000 -2.5 3.456 18

ALBERT PARK 22000002020000 17500001734300 2380000 8.9 -7.697 31

ALBION 687500800500 728000672500 620000^ ^ ^ ^ ^ -14.1 10.932 8

ALEXANDRA 325000330000 310000354500 285000^ -1.5 14.049 13

ALFREDTON 484100421000 453500465000 498000 15.0 -2.8250 76

ALPHINGTON 17175001750000 13800001550000 1645000^ ^ -1.9 4.439 14

ALTONA 9100001000000 851500840000 887500 -9.0 2.5146 43

ALTONA EAST 855000850000 827500767500 900000^ ^ ^ 0.6 -5.030 9

ALTONA MEADOWS 612500665000 592500713800 625000 -7.9 -2.076 25

ALTONA NORTH 790000780000 755000800000 742500 1.3 6.4113 39

ANGLESEA 1107500925000 830000850000 1000000 19.7 10.884 28

APOLLO BAY 540000550000 625000615000 600000^ ^ ^ -1.8 -10.040 12

ARARAT 227500216300 210000214000 219000 5.2 3.9167 44

ARDEER 572000590000 557500635000 575000^ -3.1 -0.540 11

ARMADALE 26000002280000 20350001935000 2600000 14.0 0.085 17

ARMSTRONG CREEK 528000542500 535000570000 540000 -2.7 -2.2156 49

ASCOT (GREATER BENDIGO) 415000400000 450000402500 425400^ ^ ^ ^ 3.8 -2.434 15

ASCOT VALE 10343001235400 11815001100000 978800 -16.3 5.7137 42

ASHBURTON 17450001600800 14985001430000 1760000 9.0 -0.983 33

ASHWOOD 12889001100000 10500001030000 1210000^ 17.2 6.555 13

ASPENDALE 9660001000000 1045000975000 1012500 -3.4 -4.692 25

ASPENDALE GARDENS 880000940000 815500852000 836000^ -6.4 5.346 13

ATTWOOD 632000816000 780000858000 716000^ ^ ^ ^ ^ -22.5 -11.722 3

AVENEL 370000533000 387000392500 351000^ ^ ^ ^ ^ -30.6 5.415 3

AVOCA 230000222500 180000220000 160000^ ^ ^ ^ 3.4 43.826 9

AVONDALE HEIGHTS 840000820000 790000780000 805000 2.4 4.3127 39

BACCHUS MARSH 502500517500 499800505000 498500 -2.9 0.8110 36

BADGER CREEK 498000428500 442500580000 435000^ ^ ^ ^ ^ 16.2 14.515 7

BAIRNSDALE 286000265000 289500251000 274500 7.9 4.2172 47

BALACLAVA 12720001085000 12375001125000 1502500^ ^ ^ 17.2 -15.338 7

BALCOMBE 10600001200000 12225001125000 1140000 -11.7 -7.0114 43

BALLAN 451000515000 470000435000 484800^ -12.4 -7.047 12

BALLARAT CENTRAL 525000470000 495000532500 510000 11.7 2.9130 43

BALLARAT EAST 379000347500 350000367000 340000 9.1 11.5130 38

BALLARAT NORTH 478800395000 430000395000 403800 21.2 18.676 20

BALNARRING 800000780000 780000915000 825000^ ^ ^ ^ 2.6 -3.031 9

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 14

Page 19: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

BALWYN 24080002337500 20290002560000 2400000 3.0 0.3133 45

BALWYN NORTH 19044001570000 16000001595000 1752000 21.3 8.7283 74

BANNOCKBURN 530000550000 477000538000 555000 -3.6 -4.564 13

BARANDUDA 407500392000 389000374500 409000^ ^ ^ 4.0 -0.439 10

BARNAWARTHA 369000250000 262000294000 312000^ ^ ^ ^ ^ 47.6 18.310 2

BARWON HEADS 10275001121000 11700001023000 913500 -8.3 12.580 24

BAXTER 569000487500 500000550000 482500^ ^ ^ 16.7 17.938 10

BAYSWATER 800000740000 676000635000 737000 8.1 8.5111 25

BAYSWATER NORTH 695600700000 665000702700 707900 -0.6 -1.783 22

BEACONSFIELD 690000670000 687500750000 662500 3.0 4.298 29

BEAUFORT 238500242500 296000280000 225000^ ^ ^ ^ -1.6 6.034 10

BEAUMARIS 16250001517500 15315001360000 1660000 7.1 -2.1183 61

BEECHWORTH 499000414500 450000485000 520000 20.4 -4.065 13

BELGRAVE 691000640000 573000611500 620000 8.0 11.572 20

BELGRAVE HEIGHTS 622500671000 683300600000 770000^ ^ ^ ^ ^ -7.2 -19.215 2

BELL PARK 480000480800 483500451000 487500 -0.2 -1.579 23

BELL POST HILL 476000503500 485000468000 457500 -5.5 4.064 14

BELLBRIDGE 390000418800 347000325000 395000^ ^ ^ ^ ^ -6.9 -1.34 1

BELLFIELD (BANYULE) 750000715000 750000787500 844500^ ^ ^ ^ ^ 4.9 -11.216 3

BELMONT 562000536000 508000520000 558800 4.9 0.6274 91

BENALLA 292000325000 298000267000 286500 -10.2 1.9202 66

BENDIGO 413000375000 487500420000 390000 10.1 5.9121 41

BENTLEIGH 14120001257500 13200001275000 1376000 12.3 2.6211 65

BENTLEIGH EAST 12470001107500 11350001075000 1224000 12.6 1.9411 134

BERWICK 675000682500 655000670000 692500 -1.1 -2.5652 187

BEVERIDGE 550000488800 570000612500 620300^ ^ ^ ^ ^ 12.5 -11.323 4

BIRCHIP 130500110000 90000200000 101800^ ^ ^ ^ ^ 18.6 28.314 4

BIRREGURRA 423000473500 586300352800 462800^ ^ ^ ^ ^ -10.7 -8.620 6

BITTERN 605000587000 557800542500 577500 3.1 4.855 14

BLACK HILL 525000391000 480000470000 532500^ ^ ^ 34.3 -1.441 17

BLACK ROCK 17225001855000 18105001800000 1939300 ^ -7.1 -11.270 28

BLACKBURN 13800001200000 13720001102500 1310000 15.0 5.3127 38

BLACKBURN NORTH 1152000923000 930500951300 978500 24.8 17.783 37

BLACKBURN SOUTH 1180000960000 959000905000 1005000 22.9 17.4110 43

BLAIRGOWRIE 950000997500 960000857500 921500 -4.8 3.1136 43

BLIND BIGHT 555000566500 550000620000 520000^ ^ ^ ^ ^ -2.0 6.714 5

BONBEACH 924000880000 830000838000 900000 5.0 2.765 22

BONSHAW 348500403500 399000379000 399000^ ^ ^ ^ ^ -13.6 -12.712 4

BOOLARRA 283500230000 187000261000 230000^ ^ ^ ^ ^ 23.3 23.315 7

BORONIA 730000670000 630000665000 700000 9.0 4.3220 61

BOTANIC RIDGE 720600741300 600000747500 677500 -2.8 6.4113 30

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 15

Page 20: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

BOX HILL 15525001855000 14300001387500 1666000^ -16.3 -6.859 16

BOX HILL NORTH 12645001040000 11202001025000 1222500 21.6 3.4134 46

BOX HILL SOUTH 12650001048900 9465001000500 1296400 20.6 -2.497 37

BRAYBROOK 695000733900 545400710000 650000 -5.3 6.971 16

BREAKWATER 405000380500 405000480000 392000^ ^ ^ ^ ^ 6.4 3.316 3

BRIAR HILL 881000784300 790000825800 816300^ ^ ^ 12.3 7.930 10

BRIGHT 575000640000 659000482000 725000^ ^ ^ -10.2 -20.741 18

BRIGHTON 26000002810000 26200002435000 2850000 -7.5 -8.8257 82

BRIGHTON EAST 17590001900000 16800001557500 1700300 -7.4 3.5224 72

BROADFORD 445000410000 412500400000 420000 8.5 6.082 19

BROADMEADOWS 563800570000 490000522300 490000 -1.1 15.190 26

BROOKFIELD 480000497500 435000447500 440000 -3.5 9.1160 47

BROOKLYN 675000683000 687500625000 750000^ ^ ^ ^ ^ -1.2 -10.024 5

BROWN HILL 467500422900 427000455000 435000 10.5 7.582 24

BRUNSWICK 11300001055000 1010000957500 1037500 7.1 8.9205 62

BRUNSWICK EAST 9928001017500 1050000945000 1231000 -2.4 -19.484 24

BRUNSWICK WEST 11205001230500 985000950000 1088000 -8.9 3.088 24

BRUTHEN 276500199500 215000241500 275000^ ^ ^ ^ ^ 38.6 0.512 2

BULLEEN 12000001005000 9650001075000 1180000 19.4 1.7141 47

BUNDALONG 5150001300000 4600001175000 513000^ ^ ^ ^ ^ -60.4 0.47 1

BUNDOORA 770000712500 665000655000 754500 8.1 2.1223 84

BUNINYONG 445000418900 411200520000 460000 6.2 -3.350 12

BUNYIP 558000516000 476800462000 455000^ ^ ^ ^ ^ 8.1 22.625 7

BURNSIDE 616000561000 611500540000 620000^ ^ 9.8 -0.649 15

BURNSIDE HEIGHTS 595000640000 537500592300 685000^ -7.0 -13.148 17

BURWOOD 12131001205000 10655001000000 1359000 0.7 -10.7113 46

BURWOOD EAST 11060001010600 950500921500 1077500 9.4 2.695 24

CAIRNLEA 730000785000 725000755000 772500 -7.0 -5.571 25

CALIFORNIA GULLY 290800270000 277500265000 312500 7.7 -7.083 22

CAMBERWELL 23000002100000 19080001857500 2169000 9.5 6.0202 59

CAMPBELLFIELD 555000468500 515000542000 505000^ ^ ^ ^ 18.5 9.934 9

CAMPBELLS CREEK 530000482000 488000572000 483000^ ^ ^ 10.0 9.737 10

CAMPERDOWN 295300298800 295300215000 252500 -1.2 16.957 20

CANADIAN 377000378000 398800375000 377500 -0.3 -0.160 14

CANN RIVER 127500130000 95000132500 125000^ ^ ^ ^ ^ -1.9 2.07 1

CANTERBURY 28325002370000 24500003034000 3268000 ^ 19.5 -13.376 30

CAPE PATERSON 557500525000 525000520000 560000^ ^ ^ 6.2 -0.435 10

CAPE SCHANCK 1010000850000 835000887500 1075000^ ^ ^ ^ ^ 18.8 -6.013 3

CAPEL SOUND 500000520000 552500523000 505000 -3.8 -1.072 13

CARISBROOK 315000335000 305000197000 305000^ ^ ^ * ^ -6.0 NA12 3

CARLTON 17450002110000 14800001306000 1134000^ ^ -17.3 53.937 12

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 16

Page 21: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

CARLTON NORTH 18060001360000 14150001550000 1512500 32.8 19.476 22

CARNEGIE 14850001182000 12040001340000 1262500 25.6 17.685 26

CAROLINE SPRINGS 652500607000 614500606300 620000 7.5 5.2263 68

CARRUM 760000935000 760000785300 805000 -18.7 -5.646 14

CARRUM DOWNS 547300550000 540000535500 527500 -0.5 3.7296 94

CASTERTON 122500140000 165000150000 170000^ ^ ^ ^ ^ -12.5 -27.923 7

CASTLEMAINE 559000500000 555000510000 452000 11.8 23.7123 45

CAULFIELD 18000001465000 15800001650000 1745000^ ^ 22.9 3.242 13

CAULFIELD NORTH 26250001931300 19000001769500 2100500 35.9 25.093 24

CAULFIELD SOUTH 17225001500000 14400001432500 1297500 14.8 32.8110 32

CHADSTONE 1190000888700 905000890000 925000 33.9 28.670 25

CHARLEMONT 495300520000 520000463800 460500^ ^ ^ ^ ^ -4.8 7.523 4

CHARLTON 135000118000 96000201000 141000^ ^ ^ ^ ^ 14.4 -4.316 4

CHELSEA 960000792500 823000692000 900000 21.1 6.771 18

CHELSEA HEIGHTS 790400747500 751500725000 710000^ 5.7 11.347 12

CHELTENHAM 11900001030000 1022000940800 1194000 15.5 -0.3161 47

CHELTENHAM EAST 955500800000 9000001003000 935000 19.4 2.251 14

CHELTENHAM NORTH 1036000845000 744000858000 1005000^ ^ ^ 22.6 3.133 7

CHEWTON 532500496300 404000347500 475000^ ^ ^ ^ ^ 7.3 12.116 4

CHILTERN 221500277500 285500235000 187200^ ^ ^ ^ ^ -20.2 18.318 4

CHIRNSIDE PARK 675000680000 672500685000 730000 -0.7 -7.5163 55

CHUM CREEK 632500565000 530000545000 530000^ ^ ^ * ^ 11.9 NA6 2

CHURCHILL 192300187500 193500184300 180000 2.5 6.884 22

CLARINDA 849000745000 805000730000 789000^ ^ 14.0 7.648 16

CLAYTON 11290001207500 10500001238000 1100000^ -6.5 2.653 20

CLAYTON NORTH 16800001400000 12645001428000 1240000^ ^ ^ ^ ^ 20.0 35.523 5

CLAYTON SOUTH 880000860000 750000810000 832000^ 2.3 5.862 23

CLIFTON HILL 15740001175000 12920001417500 1250000^ 34.0 25.956 12

CLIFTON SPRINGS 489000514000 490000485000 459800 -4.9 6.3165 51

CLUNES 372500335000 388000307500 310000^ ^ ^ ^ 11.2 20.226 4

CLYDE 586500521400 540000518300 545000 12.5 7.6154 54

CLYDE NORTH 610700598500 570000571500 577500 2.0 5.7485 113

COBBLEBANK 524000451000 450000480000 493000^ 16.2 6.352 10

COBDEN 300000260000 184000238000 195000^ ^ ^ ^ ^ 15.4 53.820 5

COBRAM 275000274000 269000251500 309000 0.4 -11.081 26

COBURG 1060000996500 855000900000 953000 6.4 11.2197 78

COBURG EAST 934000722000 750000794000 960000^ 29.4 -2.762 20

COBURG NORTH 825000757500 741500805000 875000^ ^ 8.9 -5.750 26

COCKATOO 662500577500 540500550300 570000 14.7 16.270 22

COHUNA 192500155000 205000232500 200000^ 24.2 -3.839 10

COLAC 315000325000 322500320000 300100 -3.1 5.0187 47

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 17

Page 22: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

COLDSTREAM 645000623000 637500561500 638600^ ^ ^ ^ ^ 3.5 1.023 9

COLERAINE 15150098000 190000119500 103000^ ^ ^ ^ ^ 54.6 47.113 4

COLLINGWOOD 11730001160000 890300957500 995500^ ^ 1.1 17.843 14

CONNEWARRE 11000001550000 13630001345000 1363000^ ^ ^ * ^ -29.0 NA5 1

COOLAROO 455000440000 420000430000 438300^ ^ ^ ^ ^ 3.4 3.826 6

COONANS HILL 905000940500 9600001166500 815000^ ^ ^ ^ -3.8 11.034 11

COONGULLA 339000211000 295000307500 285000^ ^ ^ ^ ^ 60.7 18.912 3

CORINELLA 345000442000 355000610000 335000^ ^ ^ ^ ^ -21.9 3.018 8

CORIO 374800365000 350000357500 350000 2.7 7.1249 60

CORONET BAY 370000357500 300000450000 347500^ ^ ^ 3.5 6.544 7

CORRYONG 241000126000 155000206000 282500^ ^ ^ ^ ^ 91.3 -14.726 4

COWES 605000590000 565000485000 622500^ ^ 2.5 -2.842 11

COWES WEST 480000520000 507500535000 520000 -7.7 -7.7162 43

CRAIGIEBURN 539000542000 525000521000 532000 -0.6 1.3950 235

CRANBOURNE 503000485000 472500507000 499800 3.7 0.7273 73

CRANBOURNE EAST 590000563800 558000558400 550000 4.7 7.3313 73

CRANBOURNE NORTH 567500597500 582500550000 580000 -5.0 -2.1324 88

CRANBOURNE WEST 530000529500 493000540000 514800 0.1 3.0283 82

CREMORNE 13090001550000 13413001362200 1100000^ ^ ^ ^ -15.5 19.028 13

CRESWICK 354000345000 368500336100 350000 ^ ^ 2.6 1.145 21

CRIB POINT 502800570000 473500565000 568500 -11.8 -11.662 24

CROYDON 770000760000 730000712500 725000 1.3 6.2301 89

CROYDON HILLS 869000880000 772500750000 815500^ -1.3 6.666 20

CROYDON NORTH 854500750100 810000815000 815500 13.9 4.895 34

CROYDON SOUTH 750000731000 682500675000 691000 2.6 8.571 17

CURLEWIS 570000523000 530000615000 535000 9.0 6.554 16

DALLAS 460000460000 450000446000 442500 0.0 4.068 17

DALYSTON 410000275000 376000355000 373500^ ^ ^ ^ ^ 49.1 9.817 5

DANDENONG 630000588500 600000610500 600000 7.1 5.0155 45

DANDENONG NORTH 630500615000 580000615000 604000 2.5 4.4214 68

DARLEY 555000506500 461500505000 520100 9.6 6.7143 39

DAYLESFORD 577000625000 632000585000 557500 -7.7 3.594 27

DEEPDENE 31400002500000 25500003700000 2559300^ ^ ^ ^ ^ 25.6 22.726 6

DEER PARK 602500576500 550000525000 540000 4.5 11.6194 50

DELACOMBE 395000370000 393000390000 365000 6.8 8.288 29

DELAHEY 590000534000 532500502000 535000 10.5 10.377 11

DENNINGTON 405000350000 355000352500 280000 ^ ^ ^ ^ 15.7 44.629 9

DERRIMUT 680000615000 607500625000 671500 10.6 1.395 27

DIAMOND CREEK 741500750000 710000812500 775000 -1.1 -4.3157 41

DIGGERS REST 567500536300 525000500000 495000 ^ 5.8 14.656 16

DIMBOOLA 93000120000 145000200000 95000 ^ ^ ^ ^ -22.5 -2.128 9

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 18

Page 23: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

DINGLEY VILLAGE 890000770000 750000750000 860000 15.6 3.593 32

DINNER PLAIN 515000547500 440000520000 610000^ ^ ^ ^ ^ -5.9 -15.621 5

DONALD 10500090000 125000152500 140500^ ^ ^ 16.7 -25.334 11

DONCASTER 12950001139000 12000001165000 1275000 13.7 1.6253 77

DONCASTER EAST 12650001150000 11500001115000 1182500 10.0 7.0263 75

DONVALE 11775001139000 988500988000 1240000 3.4 -5.0114 30

DOREEN 610500580000 591000572300 585000 5.3 4.4500 142

DOVETON 485000480000 475000466000 450000 1.0 7.8128 41

DROMANA 665000683000 790000752500 708000 -2.6 -6.1140 45

DROUIN 450000440800 425000450000 425000 2.1 5.9254 77

DRYSDALE 636300540000 556500549800 572500 17.8 11.159 18

DUNNSTOWN 607500372000 372000372000 372000^ * * * ^ 63.3 NA6 6

EAGLE POINT 425000290000 345000270000 382000^ ^ ^ ^ ^ 46.6 11.330 9

EAGLEHAWK 336000324300 270000330000 329000 3.6 2.1104 25

EAGLEMONT 16100001725800 19600001700000 1799000^ ^ ^ -6.7 -10.550 17

EAST BAIRNSDALE 313000200000 235000215000 235000^ ^ ^ ^ ^ 56.5 33.218 5

EAST BENDIGO 409300345000 405000345000 387000^ ^ ^ 18.6 5.736 12

EAST GEELONG 710000565000 612500530000 590000 25.7 20.377 21

EAST MELBOURNE 38375002400000 25635002830000 3350000^ ^ ^ ^ ^ 59.9 14.618 4

EAST WARBURTON 469000460000 387500408500 525000^ ^ ^ ^ ^ 1.9 -10.714 8

EASTWOOD 410000375000 390500407500 440000 9.3 -6.867 18

ECHUCA 360000392000 347500390000 386300 -8.2 -6.8196 59

EDENHOPE 162800173000 147500193500 104000^ ^ ^ ^ -5.9 56.523 10

EDITHVALE 10550001133500 893000900000 950000 -6.9 11.165 25

EILDON 260000250000 210000337500 207500^ ^ ^ ^ ^ 4.0 25.326 7

ELLIMINYT 469000425000 350000452500 462500^ ^ ^ ^ ^ 10.4 1.429 8

ELMORE 210500229300 243800230500 332500^ ^ ^ ^ ^ -8.2 -36.718 4

ELSTERNWICK 18175001920000 15650001490000 2044000 -5.3 -11.189 28

ELTHAM 980000880000 848800935000 937500 11.4 4.5179 53

ELTHAM NORTH 930000911500 985000838000 1044500 2.0 -11.079 30

ELWOOD 21200001940000 19500001950000 1775000 9.3 19.489 22

EMERALD 700000651500 628800672000 662500 7.4 5.766 17

ENDEAVOUR HILLS 637500630000 612000605000 620000 1.2 2.8255 60

EPPING 580000536000 535000534000 532500 8.2 8.9314 101

EPSOM 372500367500 352000376500 366300 1.4 1.7111 28

ESSENDON 15550001520000 13250001385000 1400000 2.3 11.1156 51

ESSENDON NORTH 11000001060000 1300000910000 935000^ ^ ^ ^ ^ 3.8 17.620 5

ESSENDON WEST 13500001220000 9800001220000 1140000^ * ^ ^ ^ 10.7 18.412 5

EUMEMMERRING 520000613500 573300570000 561500^ ^ ^ ^ ^ -15.2 -7.416 9

EUREKA 371500300000 302500375000 345000^ ^ ^ ^ ^ 23.8 7.717 5

EUROA 333500245000 307500285000 250000 36.1 33.464 28

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 19

Page 24: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

EYNESBURY 578000540000 542500555000 599500 7.0 -3.660 18

FAIRFIELD 12100001205000 14060001355500 1056000 ^ 0.4 14.652 15

FAIRHAVEN 1395000950000 14500001437500 742500^ ^ ^ ^ ^ 46.8 87.917 5

FAWKNER 702000698000 645000642000 690000 0.6 1.7133 48

FERNTREE GULLY 765000710000 671000650000 706500 7.7 8.3281 73

FERNY CREEK 703500786500 885000871500 695500^ ^ ^ ^ ^ -10.6 1.225 6

FINGAL 18600001412500 12000001130000 1280000^ ^ ^ ^ ^ 31.7 45.310 1

FITZROY 15190001400000 12425001317500 1392500 8.5 9.170 25

FITZROY NORTH 14500001450000 13600001490000 1295000 0.0 12.092 23

FLEMINGTON 10195001048800 9250001080000 1100000^ -2.8 -7.358 19

FLINDERS 14150002175000 16850001687500 1400000 ^ ^ -34.9 1.129 10

FLORA HILL 385000352500 340000365000 361000 9.2 6.674 25

FOOTSCRAY 849000860000 787000787500 816000 -1.3 4.0114 26

FOREST HILL 915000870000 865000808500 977500 5.2 -6.4111 34

FOSTER 330000342000 267500350000 320000^ ^ ^ -3.5 3.138 10

FRANKSTON 600000575000 555000570000 586300 4.3 2.3536 157

FRANKSTON NORTH 431500451500 410000424000 427500 -4.4 0.994 31

FRANKSTON SOUTH 841500827500 810000817500 827500 1.7 1.7274 85

FRASER RISE 644000590000 580000594000 579000 9.2 11.2107 22

GARDEN CITY 13000001445000 12450001480000 1470000^ ^ ^ ^ ^ -10.0 -11.621 3

GARFIELD 550000477500 539000457500 545000^ ^ ^ ^ ^ 15.2 0.917 3

GEELONG 658000785000 720000838500 710800 ^ -16.2 -7.446 13

GEELONG WEST 690000695000 667500637500 685000 -0.7 0.7127 36

GEMBROOK 676000555000 710000606300 602500^ ^ ^ 21.8 12.229 11

GISBORNE 757500785000 692500712500 730000 -3.5 3.8112 41

GLADSTONE PARK 650000620000 615000610000 642000 4.8 1.296 36

GLEN HUNTLY 14400001165000 12925001030000 1602000^ ^ ^ ^ ^ 23.6 -10.111 4

GLEN IRIS 20000001760000 19200001865000 1920000 13.6 4.2230 63

GLEN WAVERLEY 13430001179000 11510001200000 1250000 13.9 7.4389 118

GLENROWAN 372500280000 316300416500 365000^ ^ ^ ^ ^ 33.0 2.110 5

GLENROY 737500675000 649000675000 710000 9.3 3.9200 62

GOLDEN BEACH 220000230000 265000190000 255300^ ^ ^ ^ ^ -4.3 -13.816 4

GOLDEN POINT (BALLARAT) 352500420000 390000335000 392500 -16.1 -10.255 14

GOLDEN SQUARE 337500332500 355000345000 333800 1.5 1.1192 60

GORDON 630000560000 470000540000 380000^ ^ ^ ^ ^ 12.5 65.818 3

GOROKE 12000078000 4500069000 120000* ^ ^ ^ * NA NA7 0

GOWANBRAE 750000737500 667500705000 697000 ^ ^ ^ ^ 1.7 7.628 7

GRANTVILLE 460000333800 387500385000 392500^ ^ ^ 37.8 17.234 11

GREEN LAKE 195000255000 270000316500 304500^ ^ ^ ^ ^ -23.5 -36.015 5

GREENSBOROUGH 825300765000 738000830000 785300 7.9 5.1269 98

GREENVALE 720000743000 721000710000 707500 -3.1 1.8189 65

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 20

Page 25: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

GROVEDALE 532500515000 503800500000 480000 3.4 10.9247 70

GUNBOWER 117500127500 97500135000 97500^ ^ ^ * ^ -7.8 NA8 2

HADFIELD 750000727500 730500715000 730000 3.1 2.784 20

HALLAM 587500562000 542500581500 557000 4.5 5.5105 24

HALLS GAP 320000392500 310000305000 285500^ ^ ^ ^ ^ -18.5 12.127 9

HAMILTON 217500220000 193000216300 200000 -1.1 8.8191 66

HAMLYN HEIGHTS 550500550000 512500558000 550000 0.1 0.193 23

HAMPTON 19050001922500 18780001850000 1833000 -0.9 3.9145 32

HAMPTON EAST 13600001112500 10900001027500 1235000 ^ 22.2 10.142 11

HAMPTON PARK 510000522500 485000500000 515500 -2.4 -1.1255 76

HARKNESS 480000481000 460000472500 480000 -0.2 0.0231 60

HASTINGS 512500520000 495000485000 508500 -1.4 0.8112 29

HASTINGS WEST 450000415000 442500427500 441900 ^ ^ 8.4 1.845 19

HAWTHORN 24750002405000 20400002000000 1865000 2.9 32.7137 41

HAWTHORN EAST 21500001980000 18250002225000 2412500 8.6 -10.9135 55

HEALESVILLE 606500660000 605000527500 547500 -8.1 10.898 30

HEATHCOTE 312500320000 350000360000 295500 ^ -2.3 5.843 14

HEATHERTON 1000000844500 892500832500 985000^ ^ ^ ^ ^ 18.4 1.532 7

HEATHMONT 915000900000 810000840000 856000 1.7 6.9114 35

HEIDELBERG 13250001095000 9600001020000 1090500^ ^ ^ 21.0 21.546 17

HEIDELBERG HEIGHTS 765000746000 747600818300 775000 2.5 -1.371 20

HEIDELBERG WEST 651000700000 628000695000 662500 -7.0 -1.762 13

HEPBURN 450000450000 580900313800 445000^ ^ ^ ^ ^ 0.0 1.110 3

HEPBURN SPRINGS 570000495000 684500525500 540000^ ^ ^ ^ 15.2 5.621 6

HERNE HILL 532500560000 565000540000 497500 -4.9 7.066 23

HEYFIELD 183500262500 226500190000 169300^ ^ ^ -30.1 8.437 14

HEYWOOD 162500167800 155000183000 185500^ ^ ^ ^ -3.1 -12.430 8

HIGHETT 13338001172500 10560001010000 1280000 13.8 4.2132 42

HIGHTON 690000673000 665000685000 695000 2.5 -0.7305 91

HILLSIDE (MELTON) 650000650000 632500652500 630300 0.0 3.1160 45

HOPETOUN 15200063500 6000051000 91300^ ^ ^ ^ ^ 139.4 66.68 1

HOPPERS CROSSING 525000545000 527500520000 540000 -3.7 -2.8423 120

HORSHAM 265000246000 256500271000 269000 7.7 -1.5288 87

HUGHESDALE 13085001027500 9800001150000 1125500 ^ 27.3 16.348 14

HUNTINGDALE 1016000885000 820000860000 871000^ ^ ^ ^ ^ 14.8 16.620 6

HUNTLY 367500380000 387500385000 348800^ ^ -3.3 5.443 11

HURSTBRIDGE 740500734000 697500737500 670000^ ^ ^ 0.9 10.543 16

INDENTED HEAD 615500720000 649000510000 797500^ ^ ^ ^ -14.5 -22.836 14

INGLEWOOD 185000180000 172500166500 250000^ ^ ^ ^ ^ 2.8 -26.019 5

INVERLOCH 631300617000 590000592500 575000 2.3 9.8149 40

INVERMAY PARK 500000490000 510000475000 450000^ ^ ^ ^ 2.0 11.132 14

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 21

Page 26: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

IRONBARK 280000355000 313500350000 296000^ ^ ^ ^ -21.1 -5.427 11

IRYMPLE 393000335000 380000320100 421000 17.3 -6.755 21

IVANHOE 14630001430000 15255001427500 1700000 2.3 -13.983 22

IVANHOE EAST 19130001679000 15600001620000 1775000 ^ ^ ^ 13.9 7.831 9

JACANA 517500540000 488000504000 524500^ ^ ^ ^ -4.2 -1.332 8

JACKASS FLAT 338500310000 310000330000 313500^ ^ 9.2 8.044 13

JAN JUC 870100910000 844000830500 887000 ^ -4.4 -1.955 12

JEERALANG NORTH 242500146000 238000228000 185000^ ^ ^ ^ ^ 66.1 31.121 5

JEPARIT 7950092500 19100058300 83500^ ^ ^ ^ ^ -14.1 -4.810 5

JUNCTION VILLAGE 535000541000 484000496000 453200^ ^ ^ ^ ^ -1.1 18.011 1

JUNORTOUN 537500551300 535000496000 530000^ ^ ^ ^ ^ -2.5 1.417 6

KALIMNA 310000315000 295000290000 269000^ ^ ^ ^ ^ -1.6 15.230 6

KALKALLO 564000546000 522500515000 547500 3.3 3.094 23

KALLISTA 630000755000 850000651500 750000^ ^ ^ ^ ^ -16.6 -16.015 5

KALORAMA 695000672800 565000650000 590000^ ^ ^ ^ 3.3 17.825 9

KANGAROO FLAT 350000335000 340000316300 352500 4.5 -0.7186 47

KANGAROO GROUND SOUTH 970000855000 935000725000 800000^ ^ ^ ^ ^ 13.5 21.318 6

KANIVA 177000113500 94000220000 119800^ ^ ^ ^ ^ 55.9 47.811 4

KEALBA 598000579000 888000562500 612000 ^ ^ ^ ^ 3.3 -2.321 5

KEILOR 875000766000 810000757500 865000 14.2 1.264 27

KEILOR DOWNS 696300640000 638000610000 630000 8.8 10.570 16

KEILOR EAST 815000760000 800000800000 880000 7.2 -7.4186 61

KEILOR PARK 750000825000 700000692000 735000^ ^ ^ ^ ^ -9.1 2.021 4

KENNINGTON 377300385000 390000361500 360000 -2.0 4.8126 36

KENSINGTON 11850001000000 865000835500 947000 18.5 25.1103 30

KERANG 147000176500 175000230000 168500 ^ -16.7 -12.870 26

KEW 26835002070000 20500002027500 2169200 29.6 23.7220 69

KEW EAST 20000001266900 18950001266900 1631000^ * ^ ^ ^ 57.9 22.612 5

KEW NORTH 17700001605000 18330002020000 1897500 ^ ^ 10.3 -6.743 17

KEYSBOROUGH 743000758500 698900692500 770000 -2.0 -3.5298 100

KIALLA 470000449000 400000450000 453800 4.7 3.6109 30

KILLARA (WODONGA) 430000425000 447500450000 525000^ ^ ^ ^ ^ 1.2 -18.126 9

KILMORE 435000427500 465000438800 422000 1.8 3.1134 38

KILSYTH 677500650000 621000632500 676300 4.2 0.2170 42

KILSYTH SOUTH 848000812500 710000797800 680000^ ^ ^ ^ ^ 4.4 24.722 7

KINGLAKE 550000412500 666500477500 555000^ ^ ^ ^ ^ 33.3 -0.918 7

KINGS PARK 522500505000 520000500000 499000 3.5 4.779 22

KINGSBURY 700800740000 617500665800 647000^ ^ ^ ^ -5.3 8.329 4

KINGSVILLE 9980001100000 790000976000 1187500^ ^ ^ -9.3 -16.045 18

KNOXFIELD 788000725000 725000730000 803200 8.7 -1.966 13

KOO WEE RUP 547500525300 520000580000 570000 ^ 4.2 -3.948 9

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 22

Page 27: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

KOONDROOK 242500201000 150000190000 218500^ ^ ^ ^ 20.6 11.027 11

KOROIT 380000344500 345000283000 327500 ^ ^ ^ 10.3 16.035 7

KORUMBURRA 316300315000 301000365000 326500 0.4 -3.171 20

KURUNJANG 429000405000 421000417000 412500 5.9 4.0166 44

KYABRAM 262500265500 265000256500 261500 -1.1 0.489 26

KYNETON 622500575000 611500567500 590000 8.3 5.592 18

LAKE BOGA 135000332500 260000289000 239000^ ^ ^ ^ ^ -59.4 -43.515 1

LAKE GARDENS 517500475300 555000522500 570000 ^ ^ 8.9 -9.244 14

LAKE TYERS BEACH 357500290000 349000290000 366300^ * ^ ^ ^ 23.3 -2.416 8

LAKE WENDOUREE 845000915000 652500741000 1000000 -7.7 -15.546 12

LAKES ENTRANCE 335000330500 365000281500 277000 1.4 20.9121 35

LALOR 629000577500 560000580000 580000 8.9 8.4205 66

LANCEFIELD 545000472500 450000430000 477000 ^ 15.3 14.337 13

LANG LANG 507000524000 483800560000 497500^ ^ ^ -3.2 1.935 8

LANGWARRIN 634000622300 595000602800 650000 1.9 -2.5303 78

LARA 497000550000 492500507500 495000 -9.6 0.484 24

LARA LAKE 551000562000 505000525000 545000 -2.0 1.1198 57

LAUNCHING PLACE 566300530000 535000625000 512500^ ^ ^ ^ 6.8 10.526 10

LAVERTON 508400558000 530000555000 555000 ^ -8.9 -8.471 22

LAVERTON SOUTH 650000640000 600000595300 610300 1.6 6.596 25

LEARMONTH 130000333500 333500333500 397000^ * * ^ ^ -61.0 -67.34 1

LENEVA 420500379000 442000390500 452500^ ^ ^ ^ 10.9 -7.123 12

LEONGATHA 359800375000 370000367500 376000 -4.1 -4.3117 40

LEOPOLD 520000518000 495000525000 520000 0.4 0.0218 65

LILYDALE 720000664300 690000690000 657500 8.4 9.5231 51

LISMORE 87000125000 150000165000 138500^ ^ ^ ^ ^ -30.4 -37.210 1

LOCH SPORT 242500251000 205000246000 262500 -3.4 -7.684 24

LONG GULLY 303500270000 277000260000 267500 12.4 13.566 20

LONGWARRY 442500432500 418500375000 405000 ^ 2.3 9.361 8

LORNE 14500001222500 11000001106300 1817500^ ^ ^ ^ 18.6 -20.227 11

LOVELY BANKS 533100560000 570000570000 663000^ ^ ^ ^ ^ -4.8 -19.69 2

LOWER PLENTY 950000922500 9850001240000 755000 ^ ^ ^ ^ 3.0 25.825 7

LUCAS 465000417000 426300415000 431000 ^ 11.5 7.949 15

LUCKNOW 265000265000 190000302500 282000^ ^ ^ ^ ^ 0.0 -6.017 7

LYNBROOK 650000600000 629300661300 580300 8.3 12.079 25

LYNDHURST 707500652300 640000665600 661500 8.5 7.0113 30

LYSTERFIELD 9450001020000 9800001140000 897000 -7.4 5.463 21

MACEDON 718000977500 850000905000 790000^ ^ ^ ^ ^ -26.5 -9.118 6

MACLEOD 899500885000 864000944500 1005000 1.6 -10.595 30

MADDINGLEY 440000417000 461500455000 470000 5.5 -6.478 21

MAFFRA 274500249000 285500255000 250000 10.2 9.884 22

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 23

Page 28: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

MAIDEN GULLY 505000496000 486000515000 513800 1.8 -1.769 19

MAIDSTONE 839000775500 760000770000 742500 8.2 13.065 18

MALDON 532500532500 505000450000 482500^ ^ 0.0 10.441 12

MALLACOOTA 348800310000 440000355000 512500^ ^ ^ ^ ^ 12.5 -32.017 4

MALMSBURY 500000525000 545000400000 390000^ ^ ^ ^ ^ -4.8 28.211 4

MALVERN 26500002430000 24150002087500 2825500 9.1 -6.294 27

MALVERN EAST 17838001980000 18988001660000 1850000 -9.9 -3.6182 64

MANIFOLD HEIGHTS 752500891000 684500702500 583500^ ^ ^ -15.5 29.036 14

MANOR LAKES 563000550000 515000513000 535000 2.4 5.2174 47

MANSFIELD 457000510000 457500435000 495000 -10.4 -7.756 15

MARIBYRNONG 11750001107500 935000795000 1015000 6.1 15.883 26

MARONG 405000375500 404000390000 440000^ ^ ^ ^ ^ 7.9 -8.018 4

MARSHALL 480000500000 450000510000 492500^ ^ ^ -4.0 -2.528 11

MARYBOROUGH 240000245000 232000238800 228500 -2.0 5.0172 43

MCCRAE 815000776000 837500775800 627000 ^ 5.0 30.065 21

MCKENZIE HILL 520000481500 536000550000 567500^ ^ ^ ^ ^ 8.0 -8.422 7

MCKINNON 14975001203000 14200001516000 1555000 24.5 -3.749 16

MEADOW HEIGHTS 513000490000 462500470000 479000 4.7 7.1129 38

MELTON 385000390000 380000387000 397500 -1.3 -3.1136 33

MELTON SOUTH 391000414000 385000397500 380900 -5.6 2.7165 49

MELTON WEST 420000447500 451000420000 413000 -6.1 1.7156 44

MENTONE 11300001055000 9200001000000 980000 7.1 15.396 45

MERBEIN 210000145000 237000185000 226000 ^ ^ 44.8 -7.148 9

MERINDA PARK 508000471000 436300480000 473500^ ^ ^ 7.9 7.338 8

MERNDA 560000552500 541000560000 555000 1.4 0.9338 110

MERRIJIG (MANSFIELD) 327500486500 395000501500 588800^ ^ ^ ^ ^ -32.7 -44.410 1

METUNG 375000452500 530000430000 405000^ ^ ^ -17.1 -7.436 11

MICKLEHAM 545000510000 520000482000 530000 6.9 2.8266 81

MIDDLE PARK 27250001865000 32375002575000 2700000 ^ 46.1 0.942 15

MILDURA 335100320000 293000307600 315000 4.7 6.4644 171

MILL PARK 683000629000 612500630000 682000 8.6 0.1264 83

MILLGROVE 435000400000 383800426000 405000^ ^ ^ 8.8 7.442 9

MINERS REST 420000412500 429000400000 435000 1.8 -3.479 22

MINYIP 14000075000 139000139000 64500^ ^ * ^ ^ 86.7 117.110 5

MIRBOO NORTH 322500360000 272000359000 320000^ ^ ^ ^ -10.4 0.828 12

MITCHAM 1025000902000 878000880000 930000 13.6 10.2131 37

MITCHELL PARK 305000282400 305000329000 327500^ ^ ^ ^ ^ 8.0 -6.912 1

MOE 241300195000 207500216800 190000 23.7 27.0185 42

MONBULK 663000660000 625000568500 610000 ^ 0.5 8.745 16

MONT ALBERT 16550001787500 16375001750000 1960000^ ^ ^ -7.4 -15.637 10

MONT ALBERT NORTH 15405001213500 13400001235500 1417000 ^ 26.9 8.758 22

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 24

Page 29: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

MONTMORENCY 860000868500 833000887500 838500 -1.0 2.694 29

MONTROSE 735000730000 670000693000 723500 0.7 1.684 25

MOONEE PONDS 13500001290000 13000001190000 1255000 4.7 7.6124 37

MOORABBIN 1162500987500 980800895000 1120000 17.7 3.880 22

MOOROOLBARK 735500688000 647500650300 670800 6.9 9.7300 78

MOOROOPNA 233500237500 232500250000 272300 -1.7 -14.296 25

MORDIALLOC 1022500952000 10000001025000 1090000 7.4 -6.275 26

MORNINGTON 856300804000 770000725000 816300 6.5 4.9410 106

MORTLAKE 165000185000 165000165000 162500^ ^ ^ -10.8 1.532 11

MORWELL 183000175000 175500188000 170500 4.6 7.3336 93

MOUNT BEAUTY 290000322500 302300286300 300000^ ^ ^ ^ -10.1 -3.334 11

MOUNT CLEAR 400000367500 375000395000 447500 8.8 -10.671 15

MOUNT DANDENONG 780000577500 602500650000 572500^ ^ ^ ^ ^ 35.1 36.219 6

MOUNT DUNEED 583000555000 495000575000 569000 5.1 2.567 15

MOUNT ELIZA 11800001140000 10995001200000 1150000 3.5 2.6316 91

MOUNT EVELYN 666100678500 577000640000 602000 -1.8 10.6124 35

MOUNT HELEN 540000434000 415000380000 445000 ^ ^ 24.4 21.346 7

MOUNT MARTHA 14800001300000 9585001090000 1316500 13.8 12.4114 34

MOUNT PLEASANT 341500367500 390000400000 318800 ^ ^ ^ -7.1 7.134 4

MOUNT WAVERLEY 13225001205000 12200001190000 1305000 9.8 1.3369 118

MULGRAVE 861800774000 737000810000 882000 11.3 -2.3211 70

MURCHISON 253500210000 275000190300 219500^ ^ ^ ^ ^ 20.7 15.518 8

MURRUMBEENA 13825001240000 10850001042000 1400800 11.5 -1.368 23

MURTOA 12500094000 11700094000 119000^ ^ ^ ^ ^ 33.0 5.019 7

MYRTLEFORD 330000295000 295000350000 293000 11.9 12.661 21

NAGAMBIE 430000337500 418800348000 365000 ^ 27.4 17.842 15

NARRE WARREN 625000593400 565000575500 593000 5.3 5.4335 85

NARRE WARREN NORTH 10645001100000 11550001173000 985000^ ^ ^ -3.2 8.139 11

NARRE WARREN SOUTH 638000621500 610000632500 620000 2.7 2.9371 111

NATHALIA 225000215000 252000252500 181500 ^ ^ ^ 4.7 24.029 13

NEERIM SOUTH 580000444300 476500476500 375000 ^ * ^ ^ 30.6 54.712 1

NELSON 305000359000 247500191300 200000^ ^ ^ ^ ^ -15.0 52.512 2

NERRINA 455000712500 377000727500 690000^ ^ ^ ^ ^ -36.1 -34.116 5

NEW GISBORNE 717500762500 780000622500 735000^ ^ ^ ^ ^ -5.9 -2.424 8

NEWBOROUGH 248800286300 268000278000 257500 -13.1 -3.4148 40

NEWCOMB 434000425000 412000461000 455000 2.1 -4.678 18

NEWINGTON 516300471500 575000485000 485000 ^ 9.5 6.444 8

NEWLANDS ARM 443000310000 436000284000 480000^ ^ ^ ^ ^ 42.9 -7.714 5

NEWPORT 10375001075000 10514001055000 1073300 -3.5 -3.3211 69

NEWSTEAD 462500174000 448500381300 400000^ ^ ^ ^ 165.8 15.619 10

NEWTOWN (GREATER GEELONG) 865000897500 863300765000 755000 -3.6 14.6155 48

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 25

Page 30: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

NHILL 109500160000 156500165000 96500 ^ -31.6 13.545 10

NICHOLS POINT 465500470000 420000319700 530000^ ^ ^ ^ ^ -1.0 -12.213 6

NIDDRIE 10463001050000 1093500950000 1147500 ^ -0.4 -8.863 14

NOBLE PARK 664000630500 588000615000 633000 5.3 4.9230 70

NOBLE PARK NORTH 662500606500 610000612500 597000 ^ 9.2 11.061 20

NORLANE 350000350000 331500356500 350000 0.0 0.0172 57

NORTH BENDIGO 315000340000 336300308000 320000 -7.4 -1.684 23

NORTH GEELONG 548000481000 415000517300 490000^ ^ ^ ^ ^ 13.9 11.830 9

NORTH MELBOURNE 14200001200000 10495001280000 1300000 ^ 18.3 9.256 16

NORTH WONTHAGGI 357000372000 405000387000 429000 -4.0 -16.874 16

NORTHCOTE 14000001276000 11660001230000 1340000 9.7 4.5201 62

NOTTING HILL 950000893000 870000845000 1181000^ ^ ^ ^ 6.4 -19.622 5

NUMURKAH 230000232500 265000295000 245000 -1.1 -6.172 21

NUNAWADING 1044400860000 876000890000 940000 21.4 11.1107 46

OAK PARK 926000877000 760000801300 915000 ^ 5.6 1.254 17

OAKLEIGH 11350001075000 10780001075000 1100000^ ^ 5.6 3.249 18

OAKLEIGH EAST 9320001065000 935000962500 1026100^ ^ ^ ^ ^ -12.5 -9.225 7

OAKLEIGH SOUTH 1065000896000 889000895000 886000 18.9 20.285 17

OCEAN GROVE 747500700000 702000655000 687500 6.8 8.7325 94

OFFICER 555000550000 544000543800 550300 0.9 0.9270 73

OFFICER SOUTH 575500569551 693300335000 753500* ^ ^ ^ NA -23.621 10

OLINDA 815000855500 769000690000 700000^ ^ ^ ^ ^ -4.7 16.422 7

ORBOST 180000190000 185000156000 260000 -5.3 -30.848 15

ORMOND 17775001420000 13000001395000 1460000 ^ 25.2 21.747 14

OSBORNE 830000757500 780000709000 771500 9.6 7.6109 31

OUYEN 75000115300 11500085000 112300 ^ ^ ^ -34.9 -33.232 5

PAKENHAM 503800495000 477500480000 485500 1.8 3.8954 272

PARADISE BEACH 240000177500 100000202800 212000^ ^ ^ ^ ^ 35.2 13.216 6

PARK ORCHARDS 18000001360000 14300001440000 1375000^ ^ ^ ^ ^ 32.4 30.923 4

PARKDALE 12820001200000 11250001130000 1152500 6.8 11.2131 31

PARKVILLE 23000002815000 13800001300000 2012500^ ^ ^ ^ ^ -18.3 14.317 3

PASCOE VALE 880000826300 840000805000 847000 6.5 3.9144 51

PASCOE VALE SOUTH 1130000890000 903800800000 966800 27.0 16.963 15

PATTERSON GARDENS 946000863000 975000963000 890000^ ^ ^ ^ ^ 9.6 6.326 8

PATTERSON LAKES 990000980000 870000924000 823500 1.0 20.286 19

PAYNESVILLE 360000360000 299000322500 350000 0.0 2.9108 31

PEARCEDALE 705000700000 643000650000 692000^ 0.7 1.946 10

PENSHURST 165000177500 203500165000 165000^ ^ ^ ^ * NA NA9 0

PLENTY 13010001220000 1307500947800 1400000^ ^ ^ ^ ^ 6.6 -7.113 5

POINT COOK 650000615000 628000625000 657500 5.7 -1.1641 161

POINT LONSDALE 845000880000 840000827500 795000 -4.0 6.384 21

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 26

Page 31: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

POOWONG 406000330000 370000370000 511500^ ^ * ^ ^ 23.0 -20.64 1

POREPUNKAH 496000595000 680000615000 515100^ ^ ^ ^ ^ -16.6 -3.721 4

PORT FAIRY 667500718500 540000640000 625000 -7.1 6.895 24

PORT MELBOURNE 16700001481500 13975001315000 1301000 12.7 28.4123 40

PORT WELSHPOOL 300000345000 360000326000 150000^ ^ ^ ^ ^ -13.0 100.015 3

PORTARLINGTON 610000620000 680000622500 590000 -1.6 3.490 29

PORTLAND 282000233500 242500265000 275000 20.8 2.5241 61

PORTLAND NORTH 332500460000 270000367500 326000^ ^ ^ ^ ^ -27.7 2.010 2

PORTSEA 18500002575000 25250002500000 1750000 ^ ^ -28.2 5.745 17

PRAHRAN 15750001582000 15470001461500 1570000 -0.4 0.394 27

PRESTON 1020000902000 876500890000 953100 13.1 7.0251 91

PYRAMID HILL 130000150000 7750094000 125000^ ^ ^ ^ ^ -13.3 4.015 5

QUARRY HILL 390000410000 512500598800 350000 ^ -4.9 11.447 15

QUEENSCLIFF 12150001050000 8800001050000 825000^ ^ ^ ^ 15.7 47.326 5

RAINBOW 6700099500 6810075000 91000^ ^ ^ ^ ^ -32.7 -26.410 3

RAWSON 156000143000 144000143000 249000^ * ^ ^ ^ 9.1 -37.39 3

RAYMOND ISLAND 365000550000 270000330000 300000^ ^ ^ ^ ^ -33.6 21.717 3

RED CLIFFS 210200213800 250000203500 206500 -1.7 1.860 17

RED HILL 825000840000 825000925000 825000^ ^ ^ * * NA NA9 0

REDAN 372000327500 332500363000 348500 ^ 13.6 6.758 9

RESEARCH 1025000869600 946500754300 920000^ ^ ^ ^ ^ 17.9 11.421 7

RESERVOIR 784000740500 691400720000 758300 5.9 3.4393 127

RHYLL 875000680000 418000680000 530000^ ^ ^ ^ ^ 28.7 65.116 5

RICHMOND 13300001231500 12450001180000 1245000 8.0 6.8211 73

RIDDELLS CREEK 595000530000 638500840000 757500^ ^ ^ ^ ^ 12.3 -21.530 9

RINGWOOD 831000892000 755000751800 851000 -6.8 -2.4161 51

RINGWOOD EAST 885000800000 780500750000 779000 10.6 13.699 32

RINGWOOD NORTH 924000872500 761500887500 865000 5.9 6.891 18

RIPPLESIDE 855000747500 742500600000 810000^ ^ ^ ^ ^ 14.4 5.69 3

ROBINVALE 220000195000 347500202500 241500^ ^ ^ ^ 12.8 -8.917 3

ROCHESTER 255000222500 240000229000 260000^ ^ 14.6 -1.947 19

ROCKBANK 443000540000 489000540000 575000^ * ^ ^ ^ -18.0 -23.010 3

ROMSEY 580300570000 565000515000 597500 ^ 1.8 -2.956 22

ROSANNA 1126000937500 910000932500 1105000 20.1 1.986 29

ROSEBUD 540000572000 536000567500 542500 -5.6 -0.5250 78

ROSEBUD SOUTH 725000780000 622000635000 699000 -7.1 3.798 29

ROSEDALE 215000288500 296000296300 177500 ^ ^ -25.5 21.131 5

ROWVILLE 861900815000 779500777000 844400 5.8 2.1345 116

ROXBURGH PARK 569000545200 528500537000 545000 4.4 4.4247 62

RUSHWORTH 254000320000 182500180000 162500^ ^ ^ ^ ^ -20.6 56.324 8

RUTHERGLEN 275000310000 259000325000 280000^ ^ ^ ^ ^ -11.3 -1.833 7

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 27

Page 32: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

RYE 682500666000 670000710000 705000 2.5 -3.2347 108

SAFETY BEACH 745000822500 750000795000 805000 -9.4 -7.5123 37

SAILORS GULLY 257000270000 282500270000 282500^ * ^ * ^ -4.8 NA6 3

SALE 328000328000 348000330000 308000 0.0 6.5285 86

SAN REMO 475000540000 537500544500 601000 ^ ^ ^ ^ -12.0 -21.020 5

SANCTUARY LAKES 644000625000 626500622500 620000 3.0 3.9290 74

SANDHURST 887500880000 820000772500 805000 0.9 10.292 28

SANDRINGHAM 17100001720000 16200001570000 1690000 -0.6 1.285 29

SANDY POINT 445000410000 385000455000 410000^ ^ ^ ^ ^ 8.5 8.529 8

SASSAFRAS 860500750000 845000750000 767500^ * ^ ^ ^ 14.7 12.110 5

SCORESBY 863100770000 751500687500 765900 12.1 12.767 22

SEA LAKE 97500153500 115000101600 135000^ ^ ^ ^ ^ -36.5 -27.813 4

SEABROOK 673000607500 640000606500 578800 10.8 16.364 17

SEAFORD 685000675600 589500635000 656000 1.4 4.4237 88

SEAHOLME 1100000950000 10050001037000 1020000^ ^ ^ ^ ^ 15.8 7.827 7

SEASPRAY 345000260000 265000192500 370000^ ^ ^ ^ ^ 32.7 -6.811 3

SEBASTOPOL 320000303000 291300302500 326000 5.6 -1.8222 59

SEDDON 960000990000 960000970000 925000 -3.0 3.881 24

SELBY 597500640000 600000592000 731000^ ^ ^ ^ ^ -6.6 -18.318 6

SEVILLE 717500625000 605000630000 613300^ ^ ^ ^ ^ 14.8 17.016 4

SEVILLE EAST 582000552800 585000570000 509500^ ^ ^ ^ ^ 5.3 14.213 3

SEYMOUR 312500300000 275000300000 285000 4.2 9.697 22

SHEPPARTON 273000282500 290000275000 295000 -3.4 -7.5495 125

SHEPPARTON NORTH 534500337500 363800400000 420000^ ^ ^ ^ ^ 58.4 27.314 4

SILVERLEAVES 575000745000 494100750000 660000^ ^ ^ ^ ^ -22.8 -12.916 3

SKENES CREEK 710000825000 1200000565000 880000^ ^ ^ ^ ^ -13.9 -19.312 3

SKIPTON 205000143500 220000212500 146000^ ^ ^ ^ ^ 42.9 40.412 4

SKYE 620000581300 575000591300 610000 6.7 1.6129 35

SMITHS BEACH 595000602000 440000900000 730000^ ^ ^ ^ ^ -1.2 -18.520 9

SOLDIERS HILL 479000458000 490000545000 462300 4.6 3.667 29

SOMERS 1050000795000 850000884800 990000^ 32.1 6.159 19

SOMERVILLE 600000627000 598000573800 612500 -4.3 -2.0144 36

SORRENTO 14250001475000 13250001560000 1500000 -3.4 -5.0103 36

SOUTH DUDLEY 358000270000 323000337500 841500^ ^ ^ ^ ^ 32.6 -57.56 1

SOUTH GEELONG 691500676000 731000757500 677300^ ^ ^ ^ ^ 2.3 2.123 4

SOUTH KINGSVILLE 859000860000 780000909500 915000^ ^ ^ ^ ^ -0.1 -6.119 5

SOUTH MELBOURNE 17200001450000 12050001200000 1525000 18.6 12.895 27

SOUTH MORANG 661000600000 610000605000 621000 10.2 6.4260 95

SOUTH YARRA 16655001620000 17100001713500 2088000 2.8 -20.2102 32

SPOTSWOOD 10350001085000 950000925000 940000^ ^ ^ ^ -4.6 10.134 8

SPRING GULLY 382500378000 389000405500 345000 ^ 1.2 10.946 10

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 28

Page 33: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

SPRINGVALE 764000766500 685000730000 732500 -0.3 4.3100 26

SPRINGVALE SOUTH 707500705000 640000670000 685000 ^ 0.4 3.362 16

ST ALBANS 623300615000 552500561000 590000 1.3 5.6305 84

ST ALBANS PARK 432500450000 425000413500 420000 -3.9 3.070 24

ST ANDREWS BEACH 945000928000 1725000810000 695000^ ^ ^ ^ ^ 1.8 36.022 9

ST ARNAUD 195000150000 186500131300 152500 ^ 30.0 27.951 9

ST HELENA 1003500926500 866000922000 871000^ ^ ^ ^ 8.3 15.235 12

ST KILDA 30175001727500 13550001582500 1467500 74.7 105.661 24

ST KILDA EAST 15610001620000 15200001742500 1415500 -3.6 10.370 23

ST KILDA WEST 17370003255000 17180002420000 3025000^ ^ ^ ^ ^ -46.6 -42.616 9

ST LEONARDS 572500580000 520000567000 577500 -1.3 -0.977 16

STAWELL 197000192500 185000178800 185000 2.3 6.5143 40

STRATFORD 302500265800 322500300800 336500 ^ ^ 13.8 -10.144 13

STRATHDALE 495000403000 492500420000 467000 22.8 6.086 32

STRATHFIELDSAYE 460000418000 447500475000 493800 10.0 -6.893 27

STRATHMERTON 162500215000 190000162500 277500^ ^ ^ ^ ^ -24.4 -41.416 4

STRATHMORE 14430001250000 12355001260000 1312500 15.4 9.9110 36

STUDFIELD 950000870000 680000775000 874000^ ^ ^ 9.2 8.740 13

SUNBURY 560000545000 532800535000 520000 2.8 7.7571 156

SUNDERLAND BAY 388500475000 436300575000 335000^ ^ ^ ^ ^ -18.2 16.015 6

SUNSHINE 770000683500 685000725000 625000 12.7 23.2106 39

SUNSHINE NORTH 667500668000 580000580000 610000 -0.1 9.4101 38

SUNSHINE WEST 655000619000 600000644500 645000 5.8 1.6180 65

SURF BEACH 496000547500 472500540000 617500^ ^ ^ ^ ^ -9.4 -19.717 7

SURREY HILLS 18438001780000 17380001804000 1931000 3.6 -4.5120 34

SWAN HILL 295000244000 283500297500 277500 20.9 6.3189 51

SYDENHAM 599500570000 610000640000 565000 5.2 6.179 21

SYNDAL 15795001605000 14100001509000 1605000 ^ -1.6 -1.648 16

TALLANGATTA 260000255000 255000248000 225000^ ^ ^ ^ ^ 2.0 15.620 7

TARNEIT 550500547500 540000560000 560500 0.5 -1.8672 210

TATURA 272500260800 369000206000 282000 ^ 4.5 -3.454 18

TAWONGA SOUTH 382500367000 470000384000 383500^ ^ ^ ^ ^ 4.2 -0.311 4

TAYLORS HILL 734500715000 692500732500 693500 2.7 5.9130 38

TAYLORS LAKES 762500744500 725500740000 759500 2.4 0.494 30

TECOMA 797500678500 592500730000 650000^ ^ ^ ^ ^ 17.5 22.724 2

TEMPLESTOWE 13020001282500 12495001110000 1400000 1.5 -7.0167 53

TEMPLESTOWE LOWER 12000001041800 1019000990500 1102500 15.2 8.8142 34

TERANG 172000232000 177500220000 200000^ -25.9 -14.046 12

THE BASIN 695000650000 717500650000 752600 ^ 6.9 -7.641 11

THE PATCH 990000792500 560000804000 655500^ ^ ^ ^ ^ 24.9 51.010 5

THOMASTOWN 615000610000 561500600000 600000 0.8 2.5157 37

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 29

Page 34: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

THOMSON (GREATER GEELONG) 425000408000 378000385500 387500^ ^ ^ ^ ^ 4.2 9.720 6

THORNBURY 12500001112500 10850001085000 1100000 12.4 13.6159 48

THORNHILL PARK 552500560000 535000480000 535000^ ^ -1.3 3.342 12

TIMBOON 260000295000 275000195000 277500^ ^ ^ ^ ^ -11.9 -6.315 3

TONGALA 247500292500 241000205000 229000^ ^ ^ ^ ^ -15.4 8.126 8

TOORA 310000250000 227500227500 275000^ ^ * ^ ^ 24.0 12.712 1

TOORADIN 745000385000 660000555000 785000^ ^ ^ ^ ^ 93.5 -5.111 6

TOORAK 38500004275000 40750003925000 5165000 -9.9 -25.5102 25

TOOTGAROOK 582000575000 580000562000 617500 1.2 -5.791 27

TORQUAY 845000815000 774000814000 773100 3.7 9.3262 87

TRAFALGAR 382500367500 372500425000 407500 4.1 -6.174 18

TRARALGON 338000290000 308500329000 325000 16.6 4.0519 138

TRARALGON EAST 430000412500 415000577500 577500^ ^ ^ ^ ^ 4.2 -25.517 8

TRAVANCORE 12500001255000 8150001255000 1560000^ * ^ ^ ^ -0.4 -19.912 8

TRENTHAM 620000613000 580000610000 622000^ ^ ^ ^ 1.1 -0.326 12

TRUGANINA 569000570000 565500570500 590000 -0.2 -3.6352 97

TULLAMARINE 619000649000 600000598500 618000 -4.6 0.258 16

TYABB 620000522800 610300520400 615000^ ^ ^ ^ 18.6 0.830 7

UPPER FERNTREE GULLY 708000762500 641500565000 602500 ^ -7.1 17.549 17

UPWEY 718000710000 650000640000 742000 1.1 -3.2106 35

VENTNOR 523500515000 563500540000 487500 ^ ^ 1.7 7.436 12

VENUS BAY 342500340000 327500310000 335000 0.7 2.262 16

VERMONT 993000939000 900000869800 989500 5.8 0.4107 31

VERMONT SOUTH 12600001075000 10310001049400 1170000 17.2 7.798 27

VIEWBANK 998000875300 886500890000 920000 14.0 8.569 15

VIOLET TOWN 306400312000 275000268000 342500^ ^ ^ ^ ^ -1.8 -10.518 4

WAHGUNYAH 350000230000 320000392500 314000^ ^ ^ ^ ^ 52.2 11.522 3

WALKERVILLE 369000385000 311000355000 245000^ ^ ^ ^ ^ -4.2 50.66 2

WALLAN 477500510000 455000502500 489900 -6.4 -2.5128 28

WALLAN EAST 451500460000 440000455000 445000^ -1.8 1.552 12

WANDANA HEIGHTS 878000702000 763000715000 690000^ ^ ^ ^ ^ 25.1 27.220 6

WANDIN NORTH 630000670000 567000655200 612000 ^ ^ ^ -6.0 2.934 9

WANGARATTA 341000340500 315000319000 299500 0.1 13.9381 107

WANTIRNA 877500838000 807500762500 951000 4.7 -7.7147 42

WANTIRNA SOUTH 1050000885500 910000947500 1012500 18.6 3.7152 53

WARBURTON 500000515000 540000525000 495000^ ^ ^ ^ -2.9 1.039 9

WARRACKNABEAL 120000115800 113500132000 115000 3.7 4.360 14

WARRAGUL 471000482500 460000445000 460000 -2.4 2.4304 89

WARRANDYTE 10250001190000 9675001115000 878000^ ^ ^ -13.9 16.741 12

WARRANWOOD 8933001065000 890000900000 997000^ -16.1 -10.453 12

WARRNAMBOOL 385000355000 360000360000 370000 8.5 4.1497 145

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 30

Page 35: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

WATERWAYS 12700001180100 16250001625000 1105000^ ^ * ^ ^ 7.6 14.913 9

WATSONIA 791000740000 710300695000 753500 6.9 5.061 20

WATSONIA NORTH 764000781500 643800749000 706800^ ^ -2.2 8.138 14

WATTLE GLEN 755000718500 772500635000 815000^ ^ ^ ^ ^ 5.1 -7.418 4

WAURN PONDS 650000645000 580000630000 685000^ 0.8 -5.156 20

WEDDERBURN 135300154500 140000127000 167500^ ^ ^ ^ ^ -12.5 -19.320 2

WEIR VIEWS 430000473500 472500450000 486500 -9.2 -11.652 17

WENDOUREE 350000335000 332500335500 331900 4.5 5.5187 45

WENDOUREE WEST 264000272000 229000262500 257500^ ^ ^ -2.9 2.533 7

WERRIBEE 511400515000 500000495000 525000 -0.7 -2.6601 174

WERRIBEE SOUTH 760000506300 679500742500 650000^ ^ ^ ^ ^ 50.1 16.914 7

WESBURN 467500370000 530000530000 424200^ ^ * ^ ^ 26.4 10.25 2

WEST FOOTSCRAY 868000892500 755000745000 830000 -2.7 4.686 32

WEST MELBOURNE 15400001459800 1105000940000 1156300^ ^ ^ ^ ^ 5.5 33.218 5

WEST WODONGA 340000320000 339500347000 346500 6.3 -1.9191 49

WESTALL 787800712000 690000705000 748000^ ^ 10.6 5.346 6

WESTGARTH 15410001311300 13300001700000 1900000^ ^ 17.5 -18.941 17

WESTMEADOWS 620000628000 575000600000 627300 -1.3 -1.271 29

WHEELERS HILL 11026001020000 947500955000 980000 8.1 12.5185 52

WHITE HILLS 360000314000 353300319500 330000 14.6 9.156 13

WHITTINGTON 385000387500 397500365000 372000^ -0.6 3.546 12

WHITTLESEA 597500588000 565500580000 569000^ 1.6 5.084 31

WILLIAMS LANDING 718500690000 655000655500 660000 4.1 8.9112 28

WILLIAMSTOWN 14000001330000 12750001375000 1350000 5.3 3.7168 55

WILLIAMSTOWN NORTH 15200001096300 9500001380000 816000^ ^ ^ ^ 38.7 86.312 1

WIMBLEDON HEIGHTS 447500422500 357000383000 388300^ ^ ^ ^ ^ 5.9 15.210 2

WINCHELSEA 438500395000 440000402500 376500^ ^ 11.0 16.540 14

WINDSOR 16700001402000 11520001277000 1350000 19.1 23.761 17

WINTER VALLEY 440000412500 417500447500 413800 6.7 6.363 21

WODONGA 352000349500 323800330500 320000 0.7 10.0354 105

WOLLERT 576000570000 583700539500 585000 1.1 -1.5387 132

WONGA PARK 16850001335000 10525001111000 888000^ ^ ^ ^ 26.2 89.828 4

WONTHAGGI 400000357500 372500365000 370000 11.9 8.1108 35

WOODEND 717500693000 801300785000 693500 3.5 3.570 23

WOOLAMAI WATERS 510000470000 495300484000 447500^ 8.5 14.053 21

WOORI YALLOCK 570000490000 532500480000 450000^ ^ ^ ^ 16.3 26.729 11

WY YUNG 311000300000 285000352500 360000^ ^ ^ ^ 3.7 -13.627 3

WYCHEPROOF 100000170000 197500125000 124500^ ^ ^ ^ ^ -41.2 -19.714 3

WYE RIVER 1000000877500 10850001700000 1085000^ ^ ^ * ^ 14.0 NA4 1

WYNDHAM VALE 485000487000 457500457500 465000 -0.4 4.3271 72

YACKANDANDAH 560000475000 480000510000 441300^ ^ ^ ^ ^ 17.9 26.916 3

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 31

Page 36: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN HOUSE PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019 to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018

No. of

Sales

2019

Oct-Dec

YALLAMBIE 878000795000 695000710000 861000 ^ 10.4 2.040 12

YALLOURN NORTH 213000170000 205000158500 172500^ ^ ^ ^ ^ 25.3 23.527 7

YARRA GLEN 686500700000 685000640000 650000^ ^ ^ ^ -1.9 5.634 14

YARRA JUNCTION 580000636500 562500532800 600000^ ^ -8.9 -3.340 14

YARRAGON 430000380000 426000395000 425000^ ^ ^ ^ 13.2 1.232 8

YARRAM 249800234000 227500250000 224000^ 6.7 11.553 16

YARRAVILLE 987000983500 915000910000 975000 0.4 1.2197 57

YARRAWONGA 395000340000 376000366000 372500 16.2 6.0173 33

YEA 420000417500 417000465000 470500 ^ ^ ^ 0.6 -10.728 12

YINNAR 223000190000 255000320000 300000^ ^ ^ ^ ^ 17.4 -25.711 3

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 32

Page 37: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

ABBOTSFORD 546500528000 530000470000 527000 3.5 3.7143 46

ABERFELDIE 6725001400000 762500755000 993500^ ^ ^ ^ ^ -52.0 -32.316 2

AIRPORT WEST 645000655000 610000523000 620000 -1.5 4.062 18

ALBERT PARK 892500900000 818800740000 1740000^ ^ ^ ^ ^ -0.8 -48.723 8

ALBION 250000485000 256000230000 297500 -48.5 -16.056 15

ALEXANDRA 260000218000 290000335000 285000^ ^ ^ ^ ^ 19.3 -8.88 5

ALFREDTON 290000292500 408500240000 264000^ ^ ^ ^ ^ -0.9 9.823 9

ALPHINGTON 712000739500 715000955000 685000^ ^ ^ ^ -3.7 3.936 9

ALTONA 615000598000 630000627500 637500 2.8 -3.5120 33

ALTONA EAST 740000620000 560000600000 705000^ ^ ^ ^ ^ 19.4 5.019 6

ALTONA MEADOWS 502000437000 465000470000 560000^ ^ ^ ^ ^ 14.9 -10.418 3

ALTONA NORTH 637500589500 641300595000 710000 8.1 -10.259 20

APOLLO BAY 570000375000 418000535000 572500^ ^ ^ ^ ^ 52.0 -0.413 1

ARARAT 208500197500 166000133000 258000^ ^ ^ ^ ^ 5.6 -19.219 4

ARDEER 555000471500 425000495000 520000^ ^ ^ ^ ^ 17.7 6.713 7

ARMADALE 691000617500 611300590000 675000 11.9 2.4148 43

ASCOT VALE 520000690000 492000506300 560500 -24.6 -7.2108 25

ASHBURTON 1158000839000 1352500810000 1175500^ ^ ^ ^ 38.0 -1.518 11

ASHWOOD 993500835800 850000891000 856500 ^ 18.9 16.055 14

ASPENDALE 755000800000 690600661800 790000^ ^ ^ -5.6 -4.435 10

AVONDALE HEIGHTS 715500550000 446000500000 655000^ ^ ^ ^ 30.1 9.225 5

BACCHUS MARSH 382000304500 425000321300 439000^ ^ ^ ^ ^ 25.5 -13.022 5

BAIRNSDALE 250000205000 214500224000 201000 ^ ^ 22.0 24.432 7

BALACLAVA 610000503500 620500489100 540000 21.2 13.076 29

BALLAN 325000387500 335000413500 389000^ ^ ^ ^ ^ -16.1 -16.515 3

BALLARAT CENTRAL 250000278000 140000215000 310000^ ^ ^ ^ ^ -10.1 -19.423 3

BALLARAT EAST 318000282000 330000256000 304300^ ^ ^ ^ ^ 12.8 4.518 5

BALLARAT NORTH 345000277500 255000281500 180000^ ^ ^ ^ ^ 24.3 91.725 7

BALWYN 1200000590000 827500720000 813000 103.4 47.6101 31

BALWYN NORTH 9775001050000 1030000911300 1150000 ^ -6.9 -15.056 22

BARWON HEADS 885000835000 1125000938800 635000^ ^ ^ ^ ^ 6.0 39.412 6

BAXTER 539000582000 467500582000 480000^ * ^ ^ ^ -7.4 12.38 1

BAYSWATER 608000600000 552500520000 600000 1.3 1.3131 37

BAYSWATER NORTH 478000570000 470000506500 500000 -16.1 -4.491 29

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 33

Page 38: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

BEACONSFIELD 550000418000 554500400000 442800^ ^ ^ ^ 31.6 24.219 5

BEAUMARIS 885000900000 1010000804000 955500^ ^ -1.7 -7.465 22

BEECHWORTH 595000270000 256000256000 315000^ ^ * ^ ^ 120.4 88.97 1

BELL PARK 418000445000 355500424000 372500^ ^ ^ -6.1 12.230 10

BELLFIELD (BANYULE) 666500805000 642500625000 655800* ^ ^ ^ ^ NA 1.611 7

BELMONT 467500420000 414000385000 401800 11.3 16.4107 35

BENALLA 266000187500 214000186800 202000 ^ ^ 41.9 31.735 8

BENDIGO 340000263500 275000320000 208000^ ^ ^ ^ ^ 29.0 63.516 5

BENTLEIGH 726000668300 673000630000 646300 8.6 12.3160 49

BENTLEIGH EAST 835000720000 795200710000 682500 16.0 22.3148 47

BERWICK 516000600000 505000520000 540000 -14.0 -4.4112 24

BITTERN 479000500000 425000500000 515000^ * ^ ^ ^ -4.2 -7.010 4

BLACK ROCK 10000001060000 950000916300 830000^ ^ -5.7 20.549 20

BLACKBURN 795000773500 596000767500 548700 2.8 44.9128 40

BLACKBURN NORTH 1014400442000 730000717500 752000^ ^ ^ ^ ^ 129.5 34.930 8

BLACKBURN SOUTH 770000572500 765000689000 838000 ^ ^ ^ 34.5 -8.134 8

BONBEACH 575000550500 495000480000 626500 4.4 -8.2111 31

BORONIA 592500564000 564500515000 566000 5.1 4.7225 64

BOX HILL 579500447000 491500528000 510000 29.6 13.6226 82

BOX HILL NORTH 878000717800 830000895000 900000 22.3 -2.492 25

BOX HILL SOUTH 855000780000 746000583300 617500 ^ 9.6 38.560 19

BRAYBROOK 593800531000 530000531000 499000^ ^ 11.8 19.058 22

BRIAR HILL 677500621000 566500590000 650000^ ^ ^ ^ 9.1 4.232 12

BRIGHT 500000311000 429500461000 377500^ ^ ^ ^ 60.8 32.524 3

BRIGHTON 9750001105000 10250001120000 1175500 -11.8 -17.1194 64

BRIGHTON EAST 1050000950000 875000801000 1185000 ^ 10.5 -11.456 20

BROADMEADOWS 405000440000 377500397500 381000 -8.0 6.379 31

BROOKFIELD 460000645000 412500645000 465000^ * ^ ^ ^ -28.7 -1.18 1

BROOKLYN 600000578000 535000570000 540000^ ^ ^ ^ 3.8 11.130 11

BROWN HILL 310000285000 308500305000 289500 ^ ^ ^ ^ 8.8 7.128 6

BRUNSWICK 605500546000 534000506000 539000 10.9 12.3251 66

BRUNSWICK EAST 520000571000 505000527000 528500 -8.9 -1.6203 58

BRUNSWICK WEST 516000430000 460500500000 530000 20.0 -2.6170 46

BULLEEN 696000570000 734000845100 582300^ 22.1 19.568 19

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 34

Page 39: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

BUNDOORA 416500410000 386000410000 400000 1.6 4.1117 40

BURWOOD 710000609000 750000715000 760000 16.6 -6.6152 61

BURWOOD EAST 665000601300 592500780400 600500^ ^ ^ ^ 10.6 10.722 10

CAIRNLEA 431200449000 458500541400 335000^ ^ ^ ^ -3.9 28.717 12

CAMBERWELL 865000770000 806000696300 692000 12.3 25.0148 41

CANADIAN 315000257500 299500311000 290000^ ^ ^ ^ ^ 22.3 8.622 3

CANTERBURY 10975001282500 13600001550000 1150000 ^ -14.4 -4.645 10

CAPEL SOUND 452000507500 550000437800 630000^ ^ ^ -10.9 -28.338 16

CARLTON 425000429000 415000393500 365000 -0.9 16.4237 61

CARLTON NORTH 925000667500 627000410000 500000^ ^ ^ ^ ^ 38.6 85.022 6

CARNEGIE 678000517500 539300607500 650000 31.0 4.3238 78

CAROLINE SPRINGS 480000451500 445000465000 445000^ ^ ^ 6.3 7.937 10

CARRUM 590000670000 604500598500 677500^ ^ ^ -11.9 -12.945 18

CARRUM DOWNS 450000425000 423000424000 440000 5.9 2.3127 32

CASTLEMAINE 390000398000 499200410000 395000^ ^ ^ ^ ^ -2.0 -1.318 5

CAULFIELD 7501001050000 797500740000 956000 -28.6 -21.565 21

CAULFIELD EAST 350000535000 747500351500 318000^ ^ ^ ^ ^ -34.6 10.125 9

CAULFIELD NORTH 599000660000 678000503000 544000 -9.2 10.1162 57

CAULFIELD SOUTH 730000607500 675000720000 820000 ^ 20.2 -11.064 19

CHADSTONE 905000753000 750000745900 798000 20.2 13.474 21

CHELSEA 650500570000 600000597000 600000 14.1 8.4141 36

CHELSEA HEIGHTS 580000652500 555000620000 627800^ ^ ^ ^ ^ -11.1 -7.616 3

CHELTENHAM 560000580000 572500595000 584000 -3.4 -4.1153 53

CHELTENHAM EAST 620500495000 525000574000 592500^ ^ ^ ^ 25.4 4.723 11

CHELTENHAM NORTH 657000521000 599500595500 635000^ ^ ^ ^ 26.1 3.533 7

CHIRNSIDE PARK 615000520000 568100520000 617500^ * ^ ^ 18.3 -0.425 5

CLARINDA 762000515000 649500535000 552000^ ^ ^ ^ ^ 48.0 38.017 8

CLAYTON 715000570800 721200596000 681000 25.3 5.0121 35

CLAYTON NORTH 759400665000 551300608500 413300^ ^ ^ ^ 14.2 83.737 8

CLAYTON SOUTH 510000477500 530000397000 500000 ^ ^ ^ 6.8 2.034 13

CLIFTON HILL 600000680500 696000540000 815000 ^ ^ ^ -11.8 -26.430 10

CLYDE NORTH 527500415000 597500509900 484000^ ^ ^ ^ ^ 27.1 9.08 3

COBRAM 217500184500 210000236000 189500^ ^ ^ ^ ^ 17.9 14.819 8

COBURG 613300575000 535000510000 536000 6.7 14.4142 42

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 35

Page 40: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

COBURG EAST 631000603000 521000466300 667500^ ^ ^ ^ 4.6 -5.530 11

COBURG NORTH 630000627000 610000590000 528800^ ^ ^ 0.5 19.145 11

COLAC 315000225000 210000315000 320000^ ^ ^ ^ ^ 40.0 -1.629 9

COLLINGWOOD 620000585000 590800570000 568000 6.0 9.2171 52

CORIO 292500352000 290000340000 312500^ ^ ^ -16.9 -6.430 4

COWES 495000350000 261000340500 346000^ ^ ^ ^ 41.4 43.127 5

COWES WEST 390000385000 455000470000 427500^ ^ ^ ^ ^ 1.3 -8.834 8

CRAIGIEBURN 379900380000 380000388300 375000 0.0 1.399 31

CRANBOURNE 370000390000 349000355600 370000 ^ -5.1 0.069 23

CRANBOURNE NORTH 415000387500 360000430000 437500^ ^ ^ ^ ^ 7.1 -5.19 5

CRANBOURNE WEST 385000390000 356600420000 426300^ ^ ^ ^ ^ -1.3 -9.718 5

CREMORNE 603000945500 16429001085000 918000^ ^ ^ ^ -36.2 -34.325 7

CRIB POINT 389000415000 410000405000 433800^ ^ ^ ^ ^ -6.3 -10.317 4

CROYDON 600000550000 550000545000 551000 9.1 8.9308 98

CROYDON NORTH 648500600000 595000557500 610000 ^ 8.1 6.353 14

CROYDON SOUTH 643500735000 630000620000 667000^ ^ ^ ^ -12.4 -3.520 5

DALLAS 434500385000 360000379000 430000^ ^ ^ ^ ^ 12.9 1.010 4

DANDENONG 354500385000 324900310000 367500 -7.9 -3.5253 77

DANDENONG NORTH 445000505000 412500406000 425000^ ^ ^ -11.9 4.744 17

DARLEY 425000302500 310000310000 300000^ ^ ^ ^ ^ 40.5 41.718 3

DAYLESFORD 650000- 403500536000 692500 ^ ^ ^ ^ 0.0 -6.114 3

DEEPDENE 10000001085000 9510001205000 951000^ ^ ^ * ^ -7.8 NA11 5

DEER PARK 484500440000 485000440000 453000^ ^ ^ 10.1 7.039 14

DIAMOND CREEK 686000574500 625000617500 625000 ^ 19.4 9.836 12

DINGLEY VILLAGE 629500640000 595100575000 576000^ ^ ^ ^ ^ -1.6 9.325 8

DOCKLANDS 600500600000 565000625000 575000 0.1 4.4382 112

DONCASTER 627900595000 614000640000 579800 5.5 8.3306 83

DONCASTER EAST 885500740000 798000598000 810000 19.7 9.3207 56

DONVALE 800000687500 745000612500 791600 16.4 1.165 15

DOVETON 386000440300 394800387400 403500^ ^ ^ ^ -12.3 -4.334 8

DROMANA 510000640000 585000580000 860000^ ^ ^ ^ -20.3 -40.733 11

DROUIN 333700332000 320000334500 334000 0.5 -0.156 20

DRYSDALE 403000377500 376700363000 450000 ^ ^ ^ 6.8 -10.427 7

EAGLEHAWK 256000245000 242000236000 247500^ ^ ^ ^ ^ 4.5 3.419 5

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 36

Page 41: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

EAGLEMONT 5455001450000 8700001315000 785000^ ^ ^ ^ -62.4 -30.517 10

EAST BAIRNSDALE 140000- -- 225000 ^ ^ 0.0 -37.88 3

EAST BENDIGO 376800312500 307500283000 331000^ ^ ^ ^ ^ 20.6 13.815 4

EAST GEELONG 464000446000 691000360000 408000^ ^ ^ ^ ^ 4.0 13.712 5

EAST MELBOURNE 5900001410000 693700505000 604000^ -58.2 -2.365 17

ECHUCA 256000340000 297500262500 255000 ^ -24.7 0.454 13

EDITHVALE 700000725000 715000710000 640500 -3.4 9.364 19

ELSTERNWICK 597500558000 566000636500 601300 7.1 -0.694 28

ELTHAM 690000625500 617500620000 700000 10.3 -1.4107 35

ELWOOD 708000630800 642500617500 707500 12.2 0.1273 104

ENDEAVOUR HILLS 565000440000 500000426000 479000^ ^ ^ ^ 28.4 18.033 7

EPPING 413000356000 393000395000 405000 16.0 2.073 18

ESSENDON 547800515000 495000590500 520000 6.4 5.3227 72

ESSENDON NORTH 410000405000 460000407500 430000^ ^ 1.2 -4.740 10

EUMEMMERRING 450000250000 430000455000 337500^ ^ ^ ^ ^ 80.0 33.324 8

FAIRFIELD 599100672500 600000495000 485000 ^ -10.9 23.556 22

FAWKNER 505000485000 461000424500 515000 4.1 -1.958 23

FERNTREE GULLY 570000570000 507500526000 545000 0.0 4.6144 33

FISHERMANS BEND 1085000900600 722000949000 660000 20.5 64.489 26

FITZROY 796500820000 710000740000 742000 -2.9 7.3113 30

FITZROY NORTH 700000631000 629000587500 630500 10.9 11.082 28

FLEMINGTON 602500429000 403000384000 440000 40.4 36.953 11

FLORA HILL 246500221500 210000269300 315000^ ^ ^ ^ ^ 11.3 -21.722 8

FOOTSCRAY 460000430000 406300360000 377000 7.0 22.0226 72

FOREST HILL 743500734000 774000655000 718000^ 1.3 3.656 16

FOSTER 163000235000 161700161700 197500^ ^ * ^ ^ -30.6 -17.511 7

FRANKSTON 451000400000 380500401000 425000 12.8 6.1294 92

FRANKSTON SOUTH 647500635000 615000585000 587000^ 2.0 10.365 20

GARDENVALE 643000290000 530500817000 695500^ ^ ^ ^ ^ 121.7 -7.516 5

GEELONG 449200531500 540000583000 595000 -15.5 -24.560 10

GEELONG WEST 447500320000 359000287500 525000^ ^ ^ ^ 39.8 -14.833 12

GISBORNE 490000560000 552500515000 510000^ ^ ^ ^ ^ -12.5 -3.924 6

GLEN HUNTLY 590000665500 580000437000 500000 -11.3 18.083 29

GLEN IRIS 645000650000 630000672000 585000 -0.8 10.3202 59

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 37

Page 42: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

GLEN WAVERLEY 850000752500 737500895000 864000 13.0 -1.6133 37

GLENROY 535000520000 502500510000 550000 2.9 -2.7290 84

GOLDEN POINT (BALLARAT) 345000341100 305000257500 330000^ ^ ^ ^ ^ 1.1 4.522 5

GOLDEN SQUARE 282500217000 215500249500 300000^ ^ ^ 30.2 -5.841 11

GREENSBOROUGH 685000597500 605000615000 637800 14.6 7.4104 30

GROVEDALE 419600379000 399000385000 401000^ 10.7 4.661 27

HADFIELD 532500476300 515000590000 483500^ ^ 11.8 10.152 16

HALLAM 415000410000 430000373500 425000^ ^ ^ ^ 1.2 -2.435 9

HAMILTON 300000196000 153800160000 212500^ ^ ^ ^ 53.1 41.230 6

HAMLYN HEIGHTS 475000488800 425000465000 475000 ^ ^ -2.8 0.043 11

HAMPTON 895000787000 751000630000 850500 13.7 5.2121 33

HAMPTON EAST 746000651500 579500581000 635000^ ^ 14.5 17.562 12

HAMPTON PARK 410000402500 400000390000 403000^ 1.9 1.761 14

HARKNESS 340000345000 340000315000 358000^ ^ ^ ^ ^ -1.4 -5.024 6

HASTINGS 385000480000 347500375000 450000 ^ -19.8 -14.472 25

HAWTHORN 584000568500 505000537300 570000 2.7 2.5327 109

HAWTHORN EAST 635000535000 581300632300 616300 18.7 3.0160 58

HEALESVILLE 494000450000 507500375000 532500^ ^ ^ ^ 9.8 -7.238 14

HEATHMONT 703300600000 610300550000 650000^ ^ 17.2 8.246 14

HEIDELBERG 785000667500 621300658900 642500 17.6 22.277 19

HEIDELBERG HEIGHTS 607500681000 632000608900 665000 ^ -10.8 -8.665 20

HEIDELBERG WEST 611500550000 530000550500 555000^ ^ ^ 11.2 10.230 10

HERNE HILL 405600282500 290000215000 255000^ ^ ^ ^ ^ 43.6 59.119 6

HIGHETT 675000659000 655000665000 673000 2.4 0.3162 61

HIGHTON 433000405000 390000447500 407500 6.9 6.372 17

HILLSIDE (MELTON) 477500470800 420000440000 500000^ ^ ^ ^ ^ 1.4 -4.527 4

HOPPERS CROSSING 420000376300 408800379500 421000 11.6 -0.259 11

HORSHAM 238500175000 270000201300 230000 ^ 36.3 3.752 18

HUGHESDALE 599900665500 571000644300 724000 -9.9 -17.195 34

INVERLOCH 515000412500 390000652500 375000^ ^ ^ ^ 24.8 37.329 3

IRYMPLE 21650090000 112500105000 236000^ ^ ^ ^ 140.6 -8.320 4

IVANHOE 725000575000 450000550000 644300 26.1 12.5129 47

IVANHOE EAST 588000872500 490000592500 810000^ ^ ^ ^ ^ -32.6 -27.419 6

JACANA 363800415000 355000440000 440000^ ^ ^ ^ ^ -12.3 -17.313 4

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 38

Page 43: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

JOLIMONT 1041500822500 900000698500 1475000 ^ ^ ^ 26.6 -29.435 11

KANGAROO FLAT 286000214000 252000233000 240000^ ^ ^ ^ 33.6 19.234 9

KEILOR DOWNS 483300497500 460000422500 552000^ ^ ^ ^ ^ -2.9 -12.511 4

KEILOR EAST 680000620000 622500585500 690000^ ^ 9.7 -1.445 19

KEILOR PARK 503500357500 503500357500 503500* * ^ * * NA NA2 0

KENNINGTON 262500297500 294500267500 267500 ^ -11.8 -1.956 22

KENSINGTON 519000480000 535000475000 503000 8.1 3.298 25

KEW 835000697000 740000762300 850000 19.8 -1.8179 55

KEW NORTH 8384001071000 986300862000 799000^ ^ ^ ^ -21.7 4.929 12

KEYSBOROUGH 627500562500 542500620000 572500^ ^ ^ 11.6 9.646 23

KILMORE 345000315000 352500315000 335000^ ^ ^ ^ ^ 9.5 3.022 7

KILSYTH 552800552000 527000523000 596500 0.1 -7.378 18

KINGSBURY 605000550000 371300472500 550000^ ^ ^ ^ ^ 10.0 10.018 6

KINGSVILLE 484500460000 395800385000 405000^ 5.3 19.651 14

KNOXFIELD 680000700000 596500646500 625000^ ^ -2.9 8.846 18

KOOYONG 820000705000 642800750000 720000^ ^ ^ ^ ^ 16.3 13.94 1

KORUMBURRA 328800262800 325000264800 250000^ ^ ^ ^ ^ 25.1 31.514 2

KURUNJANG 356000370000 295000385000 395000^ ^ ^ ^ ^ -3.8 -9.911 6

KYABRAM 266300226000 205000213000 185000^ ^ ^ ^ 17.8 43.923 4

KYNETON 352000425000 680500480000 410000^ ^ ^ ^ ^ -17.2 -14.121 9

LAKE WENDOUREE 512500252000 437500491300 398800^ ^ ^ ^ ^ 103.4 28.520 8

LAKES ENTRANCE 212500229500 201300200000 217500^ ^ ^ ^ -7.4 -2.334 18

LALOR 480000535000 418800397000 423000^ ^ -10.3 13.543 14

LANGWARRIN 463000447500 435000473000 462500 3.5 0.186 29

LARA 377500380000 370000380000 400500^ * ^ ^ ^ -0.7 -5.75 3

LAVERTON 467500370000 435000510000 510000^ ^ ^ 26.4 -8.336 8

LAVERTON SOUTH 485000510000 431900431000 550000^ ^ ^ ^ ^ -4.9 -11.821 8

LEONGATHA 210000257500 300000233300 210000 ^ ^ ^ * NA NA18 0

LEOPOLD 407500396000 377500370000 390000^ ^ ^ 2.9 4.532 10

LILYDALE 515000481000 450000451000 567500 ^ 7.1 -9.382 34

LONG GULLY 305000203000 317500250000 235000^ ^ ^ ^ ^ 50.2 29.810 2

LORNE 897500750000 860000787500 515000^ ^ ^ ^ 19.7 74.329 12

LOWER PLENTY 545000427500 505500445000 590000 ^ ^ 27.5 -7.641 15

MACLEOD 694000590000 560000570000 741000 17.6 -6.361 16

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 39

Page 44: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

MAFFRA 208000190000 225000220000 208000^ ^ ^ ^ * NA NA12 0

MAIDSTONE 600000608000 507000490000 601600 -1.3 -0.3124 40

MALVERN 850000705500 600500560000 775000 20.5 9.792 27

MALVERN EAST 645000590300 761300620000 592500 9.3 8.9153 49

MANIFOLD HEIGHTS 433800331000 298000350000 339000^ ^ ^ ^ ^ 31.0 27.919 4

MANOR LAKES 526000225000 232500232500 232500^ ^ * * ^ 133.8 NA3 1

MANSFIELD 305000273000 370500333000 291000^ ^ ^ ^ ^ 11.7 4.817 2

MARIBYRNONG 517500440000 412000499000 546000 17.6 -5.2158 50

MARYBOROUGH 208000282000 207500200000 215000^ ^ ^ ^ ^ -26.2 -3.323 5

MCCRAE 860000690000 567500720000 589000^ ^ ^ ^ ^ 24.6 46.018 3

MCKINNON 986500841000 7590001019500 595000^ ^ ^ 17.3 65.841 16

MEADOW HEIGHTS 400000395000 375000350000 397000 ^ ^ ^ 1.3 0.834 9

MELBOURNE 485000516900 452500450000 500000 -6.2 -3.01,247 327

MELTON 311500326300 305000316500 305000^ -4.5 2.154 20

MELTON SOUTH 308500300000 291000289000 297500^ 2.8 3.752 10

MENTONE 634000610000 541300580000 605000 3.9 4.8158 53

MERNDA 380000390000 412500428800 370000^ ^ ^ ^ ^ -2.6 2.716 5

METUNG 215000343500 315000316300 510000^ ^ ^ ^ ^ -37.4 -57.811 3

MIDDLE PARK 7385001035000 815000742500 422500^ ^ ^ ^ ^ -28.6 74.821 8

MILDURA 198000219000 225000208500 240000 -9.6 -17.5120 30

MILL PARK 483000451000 422500344000 453000 ^ ^ 7.1 6.645 16

MITCHAM 701000639000 720000629000 730000 9.7 -4.0146 45

MOE 220000127000 208000143500 140000 ^ 73.2 57.147 9

MONT ALBERT 804000741000 770000685000 632400^ ^ ^ 8.5 27.136 11

MONT ALBERT NORTH 9990001106000 920000840000 835500^ ^ -9.7 19.645 14

MONTMORENCY 720000622500 675500638000 735000 ^ 15.7 -2.067 23

MOONEE PONDS 592800511500 477500483900 443000 15.9 33.8242 64

MOORABBIN 738000600000 686000580000 645000 ^ 23.0 14.453 9

MOOROOLBARK 600000545000 535000554300 580000^ 10.1 3.491 29

MOOROOPNA 175800374500 178000172500 171500^ ^ ^ ^ ^ -53.1 2.521 6

MORDIALLOC 624300598000 620000650000 599500 4.4 4.1105 32

MORNINGTON 691000650000 655000585000 600000 6.3 15.2186 50

MORWELL 175300150000 161000151800 232500^ ^ ^ 16.8 -24.640 12

MOUNT CLEAR 290000270000 275500217500 261000^ ^ ^ ^ ^ 7.4 11.118 6

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 40

Page 45: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

MOUNT ELIZA 742500482500 495000500000 600000 ^ ^ ^ 53.9 23.835 10

MOUNT EVELYN 582500525000 520000525000 582500^ * ^ ^ * NA NA9 0

MOUNT MARTHA 680000185000 660000592500 399000^ ^ ^ ^ ^ 267.6 70.428 9

MOUNT PLEASANT 293000273900 255000212000 234500^ ^ ^ ^ ^ 7.0 24.912 1

MOUNT WAVERLEY 973000850000 980100833500 1025000 14.5 -5.1216 64

MULGRAVE 761100720000 722500628000 756000 ^ 5.7 0.741 10

MURRUMBEENA 592500541000 397000498000 490000 9.5 20.993 34

MYRTLEFORD 327500266000 255000270000 255000^ ^ ^ * ^ 23.1 NA8 5

NAGAMBIE 395000343000 290000302500 397500^ ^ ^ ^ ^ 15.2 -0.613 3

NARRE WARREN 435000353500 430000382300 422000 23.1 3.156 17

NEWBOROUGH 190000302500 230000217500 184000^ ^ ^ ^ ^ -37.2 3.316 3

NEWCOMB 400000361000 323800350000 288000^ ^ ^ ^ ^ 10.8 38.924 6

NEWPORT 725000635000 674000675000 790000 14.2 -8.261 18

NEWTOWN (GREATER GEELONG) 407000460000 667500378500 561000 ^ -11.5 -27.555 17

NIDDRIE 660000709500 665000720000 653000 ^ -7.0 1.147 13

NOBLE PARK 465000456000 465000457500 460000 2.0 1.1257 77

NOBLE PARK NORTH 460000490000 630000500000 545000^ ^ ^ ^ ^ -6.1 -15.67 3

NORLANE 260000290000 335000305000 281500^ ^ ^ ^ -10.3 -7.626 5

NORTH BENDIGO 310000269500 272500249300 262300^ ^ ^ ^ 15.0 18.224 5

NORTH MELBOURNE 546000554000 412000451100 504000 -1.4 8.3212 63

NORTHCOTE 577000580000 567500545000 666900 -0.5 -13.5160 51

NOTTING HILL 425900372500 380000355000 400000^ 14.3 6.549 12

NUMURKAH 180000198000 192500165500 135000^ ^ ^ ^ ^ -9.1 33.320 5

NUNAWADING 787000452500 520500498300 657500 73.9 19.785 19

OAK PARK 680500627000 675500662400 610000 8.5 11.674 26

OAKLEIGH 540000631200 563000480000 730000 ^ ^ ^ -14.5 -26.037 9

OAKLEIGH EAST 844000716300 783500701500 796500 ^ 17.8 6.044 16

OAKLEIGH SOUTH 765000723000 470000707000 740000 ^ 5.8 3.452 19

OCEAN GROVE 612500685000 690000630000 607500 ^ -10.6 0.856 18

ORMOND 636500600000 611000658800 550800 6.1 15.676 35

OSBORNE 664000680000 635000690000 605000^ ^ ^ ^ -2.4 9.839 4

PAKENHAM 375000364700 360000360000 380000 2.8 -1.3135 34

PARKDALE 744300620000 544000698000 674000 20.0 10.489 26

PARKVILLE 461800487000 580500453600 443000 -5.2 4.275 32

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 41

Page 46: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

PASCOE VALE 615000613000 611000612500 590000 0.3 4.2256 81

PASCOE VALE SOUTH 665000628500 486000595800 610000 ^ ^ ^ ^ 5.8 9.029 7

PATTERSON LAKES 587500570000 647500511000 620000^ ^ 3.1 -5.251 13

PAYNESVILLE 272500287000 170000315000 302500^ ^ ^ -5.1 -9.933 10

POINT COOK 505000472000 441300512500 400000^ ^ 7.0 26.344 11

POINT LONSDALE 6400001450000 435000722800 570000^ ^ ^ ^ ^ -55.9 12.314 1

PORT FAIRY 560000472500 555000465000 735000^ ^ ^ ^ ^ 18.5 -23.816 3

PORT MELBOURNE 735000685000 697500717000 750000 7.3 -2.0246 76

PORTARLINGTON 457500332500 586300484300 910000^ ^ ^ ^ 37.6 -49.724 10

PORTLAND 203500217000 162400165000 197500^ ^ -6.2 3.048 17

PRAHRAN 630000530000 597500442500 575000 18.9 9.6210 65

PRESTON 516000530000 460000482500 485000 -2.6 6.4290 84

QUARRY HILL 300000220000 253500221500 285000^ ^ ^ ^ ^ 36.3 5.218 5

REDAN 265500260000 227000272500 263000^ ^ ^ ^ ^ 2.1 1.023 8

RESERVOIR 597500555800 512500541300 586500 7.5 1.9389 122

RICHMOND 603500620000 555000553600 590000 -2.7 2.3330 100

RINGWOOD 529000535000 540000507500 536000 -1.1 -1.3230 61

RINGWOOD EAST 630000595000 552500580500 685000 5.9 -8.0106 35

RINGWOOD NORTH 780000837500 651000538800 640000^ ^ ^ ^ ^ -6.9 21.929 7

RIPPLESIDE 470000415000 852500950000 852500^ ^ ^ * ^ 13.3 NA9 3

RIPPONLEA 1346000508000 467500536500 436300^ ^ ^ ^ ^ 165.0 208.516 2

ROMSEY 425000395000 370000395000 419000^ * ^ ^ ^ 7.6 1.411 5

ROSANNA 750000635000 685000627000 693000 18.1 8.255 15

ROSEBUD 560000532000 535000505000 520000 5.3 7.785 27

ROWVILLE 620000579000 555500565000 585300 7.1 5.978 21

ROXBURGH PARK 462500346300 469000465000 368000^ ^ ^ ^ ^ 33.6 25.715 3

RYE 770000440000 492000471500 460800^ ^ ^ ^ ^ 75.0 67.119 3

SAFETY BEACH 757500550000 575000690000 597500 37.7 26.848 12

SALE 253300195000 210000150000 220000 29.9 15.157 20

SAN REMO 200000260000 259000400000 200000^ ^ ^ ^ * NA NA7 0

SANCTUARY LAKES 558000510000 595000409500 550000^ ^ 9.4 1.544 14

SANDRINGHAM 816300635000 600000632000 790000 28.5 3.3133 40

SCORESBY 607000615000 565000565000 677500^ ^ * ^ ^ -1.3 -10.49 2

SEAFORD 540000491500 460000465000 493000 9.9 9.5131 41

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 42

Page 47: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

SEBASTOPOL 240000255000 230000236000 230000 -5.9 4.374 23

SEDDON 482000720000 686300744300 690000^ ^ ^ ^ ^ -33.1 -30.116 3

SHEPPARTON 259000226300 192000251500 274500 14.5 -5.688 37

SKYE 432000461300 435000461300 452500^ * ^ ^ ^ -6.3 -4.518 7

SOLDIERS HILL 395000350000 315000339500 453800^ ^ ^ ^ ^ 12.9 -12.912 2

SOMERVILLE 448500490000 505000470000 443000^ ^ ^ ^ -8.5 1.232 8

SOUTH KINGSVILLE 640000685000 643000635000 754500^ ^ ^ ^ -6.6 -15.235 9

SOUTH MELBOURNE 610000535000 565000549000 599000 14.0 1.8148 43

SOUTH MORANG 432500412500 390000390000 420000 ^ ^ 4.8 3.044 14

SOUTH YARRA 632000608000 584000525000 540000 3.9 17.0454 143

SOUTHBANK 582500577000 574500580000 586500 1.0 -0.7586 125

SPOTSWOOD 650000670000 518800690500 841000* ^ ^ ^ ^ NA -22.716 5

SPRING GULLY 251500327500 317500289000 284500^ ^ ^ -23.2 -11.630 12

SPRINGVALE 550000500000 525000521000 434000 10.0 26.778 23

SPRINGVALE SOUTH 467500514000 422500485000 491500^ ^ ^ ^ -9.0 -4.934 12

ST ALBANS 457500425000 415000414000 445500 7.6 2.7134 32

ST KILDA 576000502500 530700536500 485000 14.6 18.8449 139

ST KILDA EAST 616000575500 624000572500 548500 7.0 12.3205 71

ST KILDA WEST 707500486000 520000500000 530000 45.6 33.557 26

ST LEONARDS 481000365000 365000370000 365000^ ^ ^ * ^ 31.8 NA14 4

STAWELL 221300116300 138000138000 305000^ ^ * ^ ^ 90.3 -27.513 4

STRATHDALE 275000287500 276300272000 257800^ ^ ^ ^ ^ -4.3 6.718 3

STRATHMORE 852500701500 730300575000 744000^ ^ ^ 21.5 14.631 10

STUDFIELD 705500720000 515000720000 805000^ * ^ ^ ^ -2.0 -12.417 4

SUNBURY 425000415000 392500375000 405000 2.4 4.969 18

SUNSHINE 390000316500 355000373300 390000^ ^ 23.2 0.042 11

SUNSHINE NORTH 580000357500 514000425000 438500 ^ ^ ^ 62.2 32.328 9

SUNSHINE WEST 537500468000 505000487500 450000 14.9 19.443 10

SURREY HILLS 900500719300 720000750000 777500 25.2 15.888 20

SWAN HILL 264000218000 236000195300 258500 ^ 21.1 2.141 6

SYDENHAM 405000395000 415500401300 435000 2.5 -6.955 15

SYNDAL 1000700850000 857500660000 1020000^ ^ ^ ^ 17.7 -1.931 11

TARNEIT 378500403000 400000375000 390000^ ^ -6.1 -2.946 12

TATURA 207500191300 240800221500 210000^ ^ ^ ^ ^ 8.5 -1.220 4

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 43

Page 48: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

No. of

Sales

2019

No. of

Sales

TAYLORS HILL 442500- 422000- 460000 ^ ^ ^ 0.0 -3.88 2

TEMPLESTOWE 740000850000 735000828500 710500 ^ -12.9 4.279 29

TEMPLESTOWE LOWER 800000832500 758800665300 904000^ -3.9 -11.559 17

THOMASTOWN 468000460000 411000455000 475000 1.7 -1.572 27

THOMSON (GREATER GEELONG) 422000410000 410000410000 382500^ * * ^ ^ 2.9 10.36 2

THORNBURY 683000550000 600000537500 575000 24.2 18.8145 47

TOORAK 955000993400 1800000765000 1010000 -3.9 -5.4183 55

TORQUAY 617500561200 647000435000 700000 ^ 10.0 -11.852 18

TRAFALGAR 310000259000 285000428500 233000^ ^ ^ ^ ^ 19.7 33.011 6

TRARALGON 206000203500 184000239000 227300 ^ 1.2 -9.468 17

TRAVANCORE 337500340000 339500358000 350500 ^ ^ -0.7 -3.742 14

TRUGANINA 409500397500 417300415000 421000 ^ ^ 3.0 -2.745 12

TULLAMARINE 468000475000 450000480000 500000 -1.5 -6.460 17

TYABB 439300407000 483500469500 443000^ ^ ^ ^ ^ 7.9 -0.813 6

VERMONT 790500677500 677800705000 680000 ^ ^ 16.7 16.341 14

VERMONT SOUTH 853000793500 665000800000 840000^ ^ ^ ^ ^ 7.5 1.512 5

VIEWBANK 695000635000 650000537800 607500^ ^ ^ ^ ^ 9.4 14.418 4

WALLAN 385000330000 317500337500 373000* ^ ^ ^ ^ NA 3.217 4

WALLAN EAST 362000377500 344000325000 340000^ ^ ^ ^ ^ -4.1 6.511 3

WANGARATTA 235000175000 173000248000 187500 34.3 25.355 10

WANTIRNA 635000652500 620000625000 649000^ ^ ^ ^ -2.7 -2.229 9

WANTIRNA SOUTH 593500510000 465000500000 480000 ^ 16.4 23.660 8

WARRAGUL 352500310000 345000282000 290000^ ^ ^ ^ 13.7 21.632 10

WARRNAMBOOL 315000308500 253100269500 280700 2.1 12.2165 39

WATSONIA 690000507500 656000370000 495000^ ^ ^ ^ ^ 36.0 39.417 5

WENDOUREE 270000270000 180000292500 283500^ ^ ^ ^ 0.0 -4.729 7

WERRIBEE 395000399000 375000390800 365000 -1.0 8.2124 34

WERRIBEE SOUTH 497500392000 510000427000 465000 ^ ^ ^ ^ 26.9 7.018 4

WEST FOOTSCRAY 515000552500 427000430500 442500 -6.8 16.4103 27

WEST MELBOURNE 650000532800 579500475200 603000 22.0 7.8151 43

WEST WODONGA 242500220000 232500220000 235500^ 10.2 3.052 18

WESTALL 570000596000 450000474000 617900 -4.4 -7.879 23

WESTGARTH 542500528000 750000533500 519500^ ^ 2.7 4.443 14

WESTMEADOWS 470000460500 519500505500 530000^ ^ ^ 2.1 -11.334 11

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 44

Page 49: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN UNIT PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec

2019

to

2019Oct-Dec

2019

Jul-Sep

to

2019Oct-Dec

Oct-Dec

2018

Oct-Dec

No. of

Sales

2019

No. of

Sales

WHEELERS HILL 925000715000 750000803000 780300^ ^ ^ ^ ^ 29.4 18.610 1

WHITE HILLS 165000330000 255000289500 292500^ ^ ^ ^ ^ -50.0 -43.615 5

WHITTINGTON 304000350000 342000265000 238000^ ^ ^ ^ ^ -13.1 27.724 5

WHITTLESEA 310000400000 330000400000 410000* * ^ ^ ^ NA -24.49 1

WILLIAMSTOWN 580000697500 565000797500 684800 -16.8 -15.388 34

WILLIAMSTOWN NORTH 737500662000 417500417500 757000^ ^ * ^ ^ 11.4 -2.69 3

WINDSOR 564500540000 510000392500 461000 4.5 22.5102 34

WODONGA 208500210000 217500190000 265000 ^ -0.7 -21.360 8

WOLLERT 392500433900 375000435000 449800 ^ ^ ^ ^ -9.5 -12.720 8

WONTHAGGI 315000262500 306500345000 265000^ ^ ^ ^ 20.0 18.934 17

WOODEND 525000375000 467300510000 512000^ ^ ^ ^ ^ 40.0 2.518 4

WYNDHAM VALE 367500345000 390000425000 365000^ ^ ^ ^ ^ 6.5 0.723 7

YARRA JUNCTION 420000555000 480000540000 420000^ ^ ^ ^ * NA NA10 0

YARRAVILLE 639000453800 635000595000 669300 40.8 -4.586 21

YARRAWONGA 275000253000 310000198300 212500 ^ ^ 8.7 29.441 13

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 45

Page 50: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

ADAMS ESTATE 2000020000 2000020000 20000^ * * * * NA NA 0 0

AINTREE 315700361600 332000318100 327300 -12.7 -3.5 26 78

ALEXANDRA 125000100000 185000114000 116500^ ^ ^ ^ ^ 25.0 7.3 6 14

ALFREDTON 184900160000 171000162000 174500 15.6 6.0 30 165

APOLLO BAY 252500255000 241500229000 242000^ ^ ^ ^ -1.0 4.3 5 26

ARMSTRONG CREEK 265000265000 270500248800 265000 0.0 0.0 26 98

ASCOT (GREATER BENDIGO) 170000139300 144000148500 164500 ^ 22.1 3.3 11 44

AVENEL 45000110000 100000100000 159000^ ^ ^ ^ ^ -59.1 -71.7 1 6

AXEDALE 154000154000 159000159000 162000^ ^ * ^ ^ 0.0 -4.9 3 16

BACCHUS MARSH 240000195000 204800210000 226000 23.1 6.2 15 55

BAGSHOT 116000- 105000109000 116000 ^ ^ ^ ^ 0.0 0.0 9 12

BAIRNSDALE 120500113000 12300090000 95000^ ^ ^ ^ ^ 6.6 26.8 4 15

BALLAN 185000175000 251500175000 225500^ * ^ ^ ^ 5.7 -18.0 5 15

BANNOCKBURN 264500260000 189000305000 255000^ ^ ^ ^ ^ 1.7 3.7 4 12

BARANDUDA 145000155000 135000125000 145000^ ^ -6.5 0.0 17 47

BEAUFORT 6800055000 10500079000 65000^ ^ ^ ^ ^ 23.6 4.6 1 9

BEECHWORTH 195000123500 170000127500 175000^ ^ ^ ^ ^ 57.9 11.4 4 17

BENALLA 140000105000 120000129000 145000^ ^ 33.3 -3.4 10 47

BERWICK 500000455000 470500435000 438500 9.9 14.0 35 91

BEVERIDGE 270500314800 317500315000 275000 -14.1 -1.6 16 61

BONSHAW 162000133000 145000141000 160000 ^ ^ 21.8 1.3 9 56

BOTANIC RIDGE 335000389000 455000457500 355000 ^ -13.9 -5.6 26 58

BRIGHT 292500290000 285000222500 290000^ ^ ^ ^ ^ 0.9 0.9 4 16

BROADFORD 189000187500 195000180000 225000^ ^ ^ ^ ^ 0.8 -16.0 3 10

BROOKFIELD 255000218000 216500240000 231000 ^ ^ ^ ^ 17.0 10.4 6 21

BROWN HILL 194000185000 170000181000 191000 4.9 1.6 19 82

BUNDALONG 150000135000 156300235000 300500^ ^ ^ ^ ^ 11.1 -50.1 1 11

BUNINYONG 248500260000 210000210000 277000^ ^ * ^ ^ -4.4 -10.3 2 13

BUNYIP 310000330000 285000407500 280000^ ^ ^ ^ -6.1 10.7 1 37

BURNSIDE 456000499500 442000499500 454500^ * ^ ^ -8.7 0.3 12 27

BURWOOD EAST 1021500860000 1021500965000 1021500^ ^ ^ * * NA NA 0 12

CAMPBELLS CREEK 203000150000 215000177500 185000 ^ ^ ^ ^ 35.3 9.7 7 18

CAMPERDOWN 98000105000 10000074300 95000^ ^ ^ ^ ^ -6.7 3.2 5 13

CANADIAN 180000145000 120000132000 150000 ^ ^ ^ ^ 24.1 20.0 1 11

CAPE PATERSON 262500222500 305500155000 305000^ ^ ^ ^ ^ 18.0 -13.9 4 14

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 46

Page 51: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

CAPEL SOUND 355000362000 300000362000 417500^ * ^ ^ ^ -1.9 -15.0 1 8

CARRUM DOWNS 447300376500 330000394500 329800^ ^ ^ ^ ^ 18.8 35.6 2 18

CASTLEMAINE 235000220000 300000229000 245000^ ^ ^ ^ ^ 6.8 -4.1 4 18

CHARLEMONT 250000250500 262500249500 256500 ^ ^ ^ -0.2 -2.5 9 37

CHIRNSIDE PARK 326300517000 437500450000 405000^ ^ ^ ^ -36.9 -19.4 4 22

CHURCHILL 10500099000 10500099000 105000^ * ^ * * NA NA 0 1

CLIFTON SPRINGS 270000245000 331000278500 280000^ ^ ^ ^ ^ 10.2 -3.6 4 21

CLYDE 310000320000 311500315500 306500 -3.1 1.1 106 379

CLYDE NORTH 325000355900 320000329000 315000 -8.7 3.2 173 483

COBBLEBANK 227000273000 245000249100 243500^ ^ ^ -16.8 -6.8 11 34

COBRAM 115000124000 11000095000 110000^ ^ ^ ^ -7.3 4.5 9 42

COLAC 190000150000 148500140000 195000^ ^ ^ ^ ^ 26.7 -2.6 1 15

CONNEWARRE 660000530000 550000520000 660000^ ^ ^ ^ * NA NA 0 12

CORINELLA 195000195000 225000231300 200000^ ^ ^ ^ 0.0 -2.5 16 30

CORIO 215000241800 228800221000 220000^ ^ ^ ^ ^ -11.1 -2.3 3 14

CORONET BAY 195000265000 202500202500 195000^ ^ ^ ^ * NA NA 0 13

COWES WEST 242500280000 220000262500 240000^ ^ -13.4 1.0 10 40

CRAIGIEBURN 347000360000 335500350000 334500 -3.6 3.7 84 307

CRANBOURNE 334000432300 373000458700 335000 ^ ^ ^ -22.7 -0.3 14 31

CRANBOURNE EAST 295000315000 280000297500 287500 -6.3 2.6 26 93

CRANBOURNE NORTH 360000435000 387500377500 360000^ ^ ^ ^ ^ -17.2 0.0 7 25

CRANBOURNE SOUTH 345000327500 320000345000 347500 5.3 -0.7 21 83

CRANBOURNE WEST 178200296900 372500295000 307500 ^ ^ -40.0 -42.0 32 52

CRESSY 4500035000 4500063000 45000^ ^ ^ * * NA NA 0 6

CRESWICK 14380070000 153500125000 104400^ ^ ^ ^ ^ 105.4 37.7 6 16

CROYDON 400000367000 292500318000 350000^ ^ ^ ^ 9.0 14.3 7 26

CURLEWIS 258000255000 249000249000 229000 1.2 12.7 11 70

DALYSTON 145000135000 125000139000 139300^ ^ ^ ^ 7.4 4.1 6 31

DARLEY 360000227500 262000335000 288000^ ^ ^ ^ ^ 58.2 25.0 6 27

DAYLESFORD 243000320000 210000195000 222500^ ^ ^ ^ ^ -24.1 9.2 1 13

DEANSIDE 270000352500 321800432500 326500 ^ ^ ^ -23.4 -17.3 12 28

DELACOMBE 169500162500 177000165000 180000 ^ ^ ^ 4.3 -5.8 16 28

DENNINGTON 130000135000 130000127000 130000^ ^ ^ ^ ^ -3.7 0.0 3 20

DIAMOND CREEK 430000480000 422000447500 403000^ ^ ^ -10.4 6.7 20 43

DIGGERS REST 305000270000 270000270000 294000 13.0 3.7 21 87

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 47

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Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

DINNER PLAIN 14000084000 10800084000 120000^ * ^ ^ ^ 66.7 16.7 1 5

DONCASTER 10325001020000 9900001105000 785000^ ^ ^ ^ ^ 1.2 31.5 8 27

DONNYBROOK 283000310000 278000310000 284000 -8.7 -0.4 24 83

DOREEN 327500320500 310000306000 310000 2.2 5.6 34 109

DROMANA 440000680000 409500440000 333000^ ^ ^ ^ ^ -35.3 32.1 1 12

DROUIN 210000200000 205000204200 210000 5.0 0.0 42 119

DRYSDALE 267500240000 315000252500 260000^ ^ ^ ^ 11.5 2.9 4 24

EAGLE POINT 107500160000 154800143500 115000^ ^ ^ ^ -32.8 -6.5 7 29

EAGLEHAWK 107800117500 137500117500 99000^ * ^ ^ ^ -8.3 8.8 4 8

EASTWOOD 175000194500 100000125000 118000^ ^ ^ ^ ^ -10.0 48.3 5 16

ECHUCA 149800157500 155600150100 150300 -4.9 -0.3 22 75

ELLIMINYT 140000160000 193000130000 240000 ^ ^ ^ ^ -12.5 -41.7 5 11

ELMORE 72500- 6750063300 75000 ^ ^ ^ ^ 0.0 -3.3 3 12

ELPHINSTONE 125000- 125000- 125000 ^ ^ * NA NA 0 6

EPPING 187400287500 350500197000 295000 ^ ^ ^ -34.8 -36.5 10 33

EPSOM 136000135000 135000131000 139000^ ^ 0.7 -2.2 3 43

FLORA HILL 155000105000 190000210000 155000^ ^ ^ ^ ^ 47.6 0.0 5 23

FLOWERDALE 18000092500 9500095000 125000^ ^ * ^ ^ 94.6 44.0 1 7

FOSTER 129500131500 115800126000 123500^ ^ ^ ^ ^ -1.5 4.9 2 10

FRASER RISE 317800350000 328000340000 325300 -9.2 -2.3 28 80

FYANSFORD 349000357000 350000344000 329500* ^ ^ ^ ^ NA 5.9 3 19

GISBORNE 420000450000 434000362500 417500^ ^ ^ ^ -6.7 0.6 9 31

GLENLYON 205000185000 251300185000 205000* * ^ ^ * NA NA 0 8

GOLDEN BEACH 5500050000 5300054500 42500 ^ 10.0 29.4 11 52

GOLDEN SQUARE 176500135000 105000176300 146200 ^ 30.7 20.7 10 46

GOWANBRAE 390000240000 280000280000 390000* ^ * ^ * NA NA 0 2

GRANTVILLE 325000205000 210000210000 320000^ ^ * ^ ^ 58.5 1.6 1 3

GREENVALE 361500401500 384500397000 370000 -10.0 -2.3 48 124

GROVEDALE 320000325000 327500266000 327500^ ^ ^ ^ ^ -1.5 -2.3 5 18

HALLS GAP 9500087000 9000087000 96300^ * ^ ^ ^ 9.2 -1.3 5 8

HAMILTON 8200076000 9000086200 82000^ ^ ^ ^ ^ 7.9 0.0 5 14

HARCOURT 190000170000 150000175000 175000^ ^ ^ ^ ^ 11.8 8.6 1 12

HARKNESS 247500185000 231000227500 225000 33.8 10.0 12 65

HASTINGS 275000259000 264000310000 292500^ ^ ^ ^ ^ 6.2 -6.0 1 7

HEALESVILLE 330000310000 362000457500 310000^ ^ ^ ^ ^ 6.4 6.4 7 17

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 48

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Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

HEATHCOTE 101300120000 107500133500 120000^ ^ ^ ^ ^ -15.6 -15.6 2 8

HIGHTON 285500345000 287000315000 295500 -17.2 -3.4 23 87

HILLSIDE (MELTON) 520000322500 393500393500 355000^ ^ * ^ ^ 61.2 46.5 3 9

HOPPERS CROSSING 396800400000 477800480500 396800^ ^ ^ ^ * NA NA 0 5

HORSHAM 125000117000 12430088000 99500 ^ 6.8 25.6 13 58

HUNTLY 140000125000 131000133000 130000 12.0 7.7 27 83

HUON CREEK 293000270000 293000295000 290000^ ^ ^ ^ ^ 8.5 1.0 7 14

INVERLOCH 360000345000 270000255000 280000^ ^ 4.3 28.6 11 52

IRYMPLE 129000135500 134000104500 135000^ ^ -4.8 -4.4 11 43

JACKASS FLAT 138000128000 138000138000 131500^ ^ 7.8 4.9 15 47

JUNORTOUN 235000176600 194500193500 250000^ ^ ^ ^ 33.1 -6.0 9 33

KALIMNA 9000074000 16750086500 90000^ ^ ^ ^ * NA NA 0 13

KALKALLO 296000302000 278000317000 287000 -2.0 3.1 72 168

KANGAROO FLAT 153500139500 133000139500 138000 10.0 11.2 10 54

KEILOR PARK 629000- -- 655000 ^ 0.0 -4.0 7 25

KERANG 6800067000 10000062500 100000^ ^ ^ * ^ 1.5 NA 4 9

KEYSBOROUGH 563200653800 520000577500 527500^ ^ ^ -13.9 6.8 9 55

KIALLA 136000134800 135000136500 136000 0.9 0.0 33 133

KILCUNDA 295000275000 470000470000 295000^ ^ * ^ ^ 7.3 0.0 7 9

KILLARA (WODONGA) 146000144000 144000149000 146000 ^ 1.4 0.0 7 47

KILMORE 245000235000 195000235000 224000 ^ ^ 4.3 9.4 4 34

KOO WEE RUP 300000367500 295000302500 302500^ ^ ^ ^ -18.4 -0.8 1 27

KOROIT 129900130000 222500125000 147500^ ^ ^ ^ ^ -0.1 -11.9 1 11

KORUMBURRA 200000200000 180000168000 197000^ ^ ^ ^ ^ 0.0 1.5 5 16

KURUNJANG 232500245000 200000265000 245000^ ^ ^ ^ ^ -5.1 -5.1 4 23

KYABRAM 125500119300 124000124000 124000^ ^ ^ ^ 5.2 1.2 12 23

LAKE GARDENS 290000205000 205000205000 205000* * * * ^ NA NA 1 1

LAKES ENTRANCE 129000103800 110000125000 87500^ ^ ^ ^ ^ 24.3 47.4 3 22

LALOR 500000- 355500540000 495000 ^ ^ ^ ^ 0.0 1.0 3 12

LANCEFIELD 205000200000 141300230000 237500^ ^ ^ ^ ^ 2.5 -13.7 9 16

LANG LANG 261300272000 261300264000 265000^ ^ ^ -4.0 -1.4 10 37

LANGWARRIN 255800- 465000465000 360000 ^ * ^ ^ 0.0 -29.0 6 11

LARA 427500445000 415000400000 425000^ ^ ^ ^ ^ -3.9 0.6 6 15

LARA LAKE 261800295000 315000305000 252000^ ^ ^ ^ ^ -11.3 3.9 4 12

LAVERTON SOUTH 490000- -- 490000 ^ * NA NA 0 5

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 49

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Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

LENEVA 145000140000 145000152000 145000^ ^ ^ ^ 3.6 0.0 7 33

LEONGATHA 140000157500 126000165000 165000^ ^ ^ ^ ^ -11.1 -15.2 3 25

LEOPOLD 187000550000 270000300000 230000^ ^ ^ ^ ^ -66.0 -18.7 1 6

LILYDALE 470000560000 456500465000 490000^ ^ -16.1 -4.1 16 54

LOCH SPORT 5100047000 4750072800 57500 8.5 -11.3 17 62

LOVELY BANKS 278500274500 269500269500 269500^ * ^ ^ 1.5 3.3 2 26

LUCAS 185000173500 180000185000 185000 6.6 0.0 17 149

LUCKNOW 115000113500 12900099000 120000^ ^ ^ ^ 1.3 -4.2 14 24

LYNBROOK 540000278500 357500278500 357500^ * ^ * ^ 93.9 NA 1 3

LYNDHURST 426000438000 425000435500 433500 -2.8 -1.7 22 76

MADDINGLEY 226500226500 260000210000 230000 ^ ^ ^ ^ 0.0 -1.5 5 24

MAFFRA 132300110000 108500113000 120000^ ^ ^ ^ ^ 20.3 10.3 6 20

MAIDEN GULLY 186300157300 166800170000 193300 ^ ^ 18.4 -3.6 6 50

MALDON 140000179500 170000149000 170000^ ^ ^ ^ ^ -22.0 -17.6 3 15

MALLACOOTA 168000115000 110000210000 110000^ ^ ^ ^ ^ 46.1 52.7 3 14

MANOR LAKES 317500284500 330000330000 313800 ^ 11.6 1.2 9 58

MANSFIELD 169500175000 169000177700 163500 -3.1 3.7 22 62

MARONG 140000134000 137000134000 137000 ^ 4.5 2.2 18 58

MARYBOROUGH 9850096500 99000101000 79500^ ^ ^ ^ ^ 2.1 23.9 4 23

MARYSVILLE 180000145500 155000127500 142000* ^ ^ ^ ^ NA 26.8 3 7

MCKENZIE HILL 146500157500 165800155000 165000 ^ ^ ^ ^ -7.0 -11.2 4 21

MELTON SOUTH 249500233500 250000203800 243500^ ^ ^ ^ 6.9 2.5 10 25

MERNDA 315000310000 276800305000 280000 1.6 12.5 32 118

METUNG 118800132500 94000147500 115000 -10.4 3.3 10 41

MICKLEHAM 285000289500 285000278500 277000 -1.6 2.9 138 337

MILDURA 147500122500 130000140500 115000 20.4 28.3 25 108

MINERS REST 156000137500 142500144000 154500 ^ ^ ^ 13.5 1.0 3 32

MOE 135000105000 129000127500 120000^ ^ ^ 28.6 12.5 23 49

MOOROOLBARK 340000346500 470000465500 344800^ ^ ^ ^ -1.9 -1.4 5 18

MOOROOPNA 110000109000 105000110000 110500^ ^ ^ ^ ^ 0.9 -0.5 9 24

MORWELL 14250094000 141500125000 75000^ ^ ^ ^ ^ 51.6 90.0 6 18

MOUNT CLEAR 163000152500 160000147000 162000^ ^ ^ ^ ^ 6.9 0.6 6 25

MOUNT DUNEED 279900301000 292000290000 260000 ^ ^ -7.0 7.6 6 54

MOUNT ELIZA 737500770000 840000875000 850000* ^ ^ ^ ^ NA -13.2 2 10

MOUNT HELEN 150000106000 117000106000 185000^ * ^ ^ ^ 41.5 -18.9 3 9

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 50

Page 55: Victorian Property Sales Report · The reader should note that limited sales recorded in a quarter may cause statistics for that quarter to be skewed. Similarly, small numbers of

Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

MOUNT MARTHA 712500982500 8125001200000 865000^ ^ ^ ^ ^ -27.5 -17.6 4 16

MOUNT PLEASANT 124900110000 127500110000 129500^ * ^ ^ ^ 13.6 -3.5 2 11

MYRTLEFORD 141500133000 115000160000 153500^ ^ ^ ^ ^ 6.4 -7.8 4 16

NAGAMBIE 163000166000 330000166000 250000^ * ^ ^ ^ -1.8 -34.8 4 9

NARRE WARREN SOUTH 327500542500 295000542500 295000^ * ^ -39.6 11.0 6 43

NEERIM SOUTH 195000175000 180500170000 150000^ ^ ^ ^ ^ 11.4 30.0 3 14

NERRINA 149500207500 207500207500 149500* * * ^ * NA NA 0 6

NEWBOROUGH 121300122000 147500165000 145000^ ^ ^ ^ ^ -0.6 -16.4 6 19

NEWLANDS ARM 145000117000 110800117000 120000^ * ^ ^ ^ 23.9 20.8 1 7

NICHOLSON 133500125000 155000121500 150000^ ^ ^ ^ 6.8 -11.0 2 21

NORTH BENDIGO 145000126000 150000148500 100000^ ^ ^ ^ ^ 15.1 45.0 2 12

NORTH WONTHAGGI 182500168000 160000177500 173500^ ^ ^ ^ ^ 8.6 5.2 4 18

NUMURKAH 108800111000 10880075000 95500* ^ ^ ^ ^ NA 13.9 4 11

OCEAN GROVE 356500335000 335000359000 335000 6.4 6.4 26 88

OFFICER 335000332500 340000310000 310000 0.8 8.1 41 160

OFFICER SOUTH 310000330000 353000342500 321500 -6.1 -3.6 21 72

PAKENHAM 285200310000 285000300000 324000 -8.0 -12.0 20 74

PARADISE BEACH 6330060000 5250040000 55000^ ^ ^ ^ ^ 5.4 15.0 6 19

PAYNESVILLE 137000140000 142500120900 125000^ ^ ^ -2.1 9.6 4 32

POINT COOK 431000415000 384500422000 396500 3.9 8.7 40 151

POINT LONSDALE 484000385000 376000476000 448800^ ^ ^ 25.7 7.9 7 35

POREPUNKAH 410000155000 175000175000 194000* ^ * ^ ^ NA 111.3 1 9

PORTARLINGTON 346300390000 348500485000 315000^ ^ ^ ^ ^ -11.2 9.9 8 21

PORTLAND 5900075500 7300071500 59000^ ^ ^ -21.9 0.0 14 40

RED CLIFFS 8750080000 8250080000 90000^ ^ ^ ^ ^ 9.4 -2.8 2 12

RIDDELLS CREEK 403000335000 390000390000 436800^ ^ * ^ ^ 20.3 -7.7 3 6

ROCKBANK 286400209500 208000310000 274500^ ^ 36.7 4.3 32 65

ROMSEY 295000386000 230000365000 291300^ ^ ^ ^ ^ -23.6 1.3 7 23

ROSEBUD 440000267500 447500447500 345000^ ^ * ^ ^ 64.5 27.5 1 4

ROXBURGH PARK 347500285000 312500330000 270000^ ^ ^ ^ ^ 21.9 28.7 4 20

RYE 455000380000 400000435000 446000^ ^ ^ 19.7 2.0 14 37

SAFETY BEACH 400000370000 4750001060000 800000^ ^ ^ ^ ^ 8.1 -50.0 7 20

SALE 137600145000 130000138000 123300 ^ -5.1 11.6 13 47

SAN REMO 362500304900 250000320000 308000^ ^ ^ ^ ^ 18.9 17.7 6 25

SANCTUARY LAKES 435000478000 394500397000 434500 ^ -9.0 0.1 21 78

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 51

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Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

SEBASTOPOL 150000122500 166000121500 135000^ ^ ^ ^ ^ 22.4 11.1 1 10

SEVILLE 420000505000 300000300000 300000* ^ ^ * ^ NA NA 5 9

SEYMOUR 165000140000 143500155000 158000^ ^ 17.9 4.4 7 43

SHEPPARTON 126000125000 89500128000 134000 0.8 -6.0 23 62

SHEPPARTON NORTH 169000169000 174000127000 143800 0.0 17.5 14 75

SMYTHES CREEK 135000127300 145000152000 135000 ^ ^ ^ ^ 6.1 0.0 8 25

SOMERVILLE 430000360000 475000365500 430000^ ^ 19.4 0.0 13 41

SOUTH MORANG 424000415000 420000505000 390000^ ^ ^ ^ ^ 2.2 8.7 5 15

SPRING GULLY 90000247800 185000185000 185000^ ^ * * ^ -63.7 NA 3 6

ST ALBANS 655000473000 356500473000 356500^ * ^ * ^ 38.5 NA 2 7

ST LEONARDS 225000250000 239000230000 221000^ -10.0 1.8 11 72

STRATFORD 8300063500 8600079500 84500^ ^ 30.7 -1.8 8 44

STRATHDALE 116000200300 249000215000 255000^ ^ ^ ^ ^ -42.1 -54.5 6 18

STRATHFIELDSAYE 165000155000 166500172000 163000 6.5 1.2 27 111

STRATHTULLOH 268500277000 224500216000 269500 -3.1 -0.4 24 93

SUNBURY 322500372800 306000342000 317300 -13.5 1.7 23 95

SWAN HILL 111500116000 115000125300 107800^ ^ ^ ^ -3.9 3.5 8 33

TANGAMBALANGA 137000136000 134000132500 140000^ ^ ^ ^ 0.7 -2.1 9 32

TARNEIT 295300318500 295000292300 305000 -7.3 -3.2 130 379

TATURA 149400127500 144700125000 139000 ^ ^ ^ ^ 17.2 7.5 9 21

TAWONGA SOUTH 180000185000 150000160000 151500^ ^ ^ ^ ^ -2.7 18.8 4 12

THE HONEYSUCKLES 9200051700 9000068600 80000^ ^ ^ ^ ^ 78.1 15.0 1 16

THORNHILL PARK 265000306000 265000300000 270500 ^ -13.4 -2.0 26 76

TORQUAY 416500385000 400000425000 412500 8.2 1.0 50 149

TRAFALGAR 220000210000 205000205000 215000^ ^ * ^ ^ 4.8 2.3 3 12

TRARALGON 142500136500 139000135500 141000 4.4 1.1 30 119

TRENTHAM 235000282000 347500385000 348500^ ^ ^ ^ ^ -16.7 -32.6 1 12

TRUGANINA 343900327300 300000337100 327500 5.1 5.0 85 297

VENUS BAY 12150087500 11380085000 108000 38.9 12.5 12 57

WALKERVILLE 145000107500 111000105000 120000^ ^ ^ ^ ^ 34.9 20.8 1 8

WALLAN 233500269000 237000242500 216000 ^ -13.2 8.1 16 60

WALLAN EAST 254500227500 263000263000 250000^ ^ * ^ ^ 11.9 1.8 4 9

WANDANA HEIGHTS 325000414000 485000530000 400000^ ^ ^ ^ ^ -21.5 -18.8 7 16

WANGARATTA 163000165000 143000156000 155000 -1.2 5.2 25 96

WARRAGUL 217000205000 210000213000 215000 5.9 0.9 34 158

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 52

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Locality

MEDIAN VACANT RESIDENTIAL LAND PRICES

Oct-Dec 2018 to Oct-Dec 2019

Change (%)

20192019201920192018

Oct-Dec Jan-Mar Apr-Jun Jul-Sep Oct-Dec No. of Sales

2019to

2019Oct-Dec

2019Jul-Sep

to

2019Oct-Dec

Oct-Dec2018Oct-Dec

No. of

Sales

2019

WARRANDYTE 800000845000 800000800000 800000* ^ * * * NA NA 0 1

WARRNAMBOOL 150000149000 157500160000 155000 0.7 -3.2 49 167

WEIR VIEWS 227000239500 228000225000 255000 -5.2 -11.0 36 89

WERRIBEE 295000305000 285000284500 275000 -3.3 7.3 79 218

WERRIBEE SOUTH 4250001023000 386000430000 345000^ ^ ^ ^ ^ -58.5 23.2 3 19

WEST WODONGA 169000135000 137000137000 146800^ ^ 25.2 15.2 10 42

WHITE HILLS 215000157000 162000155500 152000 ^ ^ ^ 36.9 41.4 9 32

WILLIAMS LANDING 550000497500 442500390000 525000^ ^ ^ ^ ^ 10.6 4.8 5 15

WILLIAMSTOWN NORTH 128000128000 128000128000 128000^ * * * * NA NA 0 0

WINCHELSEA 198000180000 184500185000 240000^ ^ ^ ^ ^ 10.0 -17.5 1 7

WINTER VALLEY 156000147700 148000149000 155000 ^ 5.7 0.6 9 75

WODONGA 152000142000 148000152000 159500 ^ 7.0 -4.7 7 106

WOLLERT 307000283900 305000304900 307000 8.1 0.0 85 254

WONTHAGGI 149500187000 18750016300 207000^ ^ ^ ^ -20.1 -27.8 6 24

WOOLAMAI WATERS 350000370000 440000270000 360000^ ^ ^ ^ ^ -5.4 -2.8 6 13

WY YUNG 168500130000 130000130000 168500^ ^ * ^ * NA NA 0 10

WYNDHAM VALE 293000294000 260000265000 278300 -0.3 5.3 39 174

YARRAGON 180000160000 160000160000 184500^ ^ * ^ ^ 12.5 -2.4 1 5

YARRAWONGA 155000156000 164500160000 165000 -0.6 -6.1 21 76

YINNAR 8800084500 7900086500 84500^ ^ ^ ^ ^ 4.1 4.1 1 22

^ means there were fewer than 10 sales for the quarter

* means there were no sales for the quarter and the first non-zero figure is carried forward

NA means insufficent data was available to create the percentage change

Victorian Property Sales Report December quarter 2019 53

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