annual analysis of property sales data from valuer-general
TRANSCRIPT
Valuer-General Victoria
A Guide to Property Values
Annual analysis of property sales data fromValuer-General Victoria January – December 2019
Acknowledgment
We acknowledge and respect Victorian Traditional Owners as the original custodians of Victoria's land and waters, their unique ability to care for Country and deep spiritual connection to it. We honour Elders past and present whose knowledge and wisdom has ensured the continuation of culture and traditional practices.
We are committed to genuinely partner, and meaningfully engage, with Victoria's Traditional Owners and Aboriginal communities to support the protection of Country, the maintenance of spiritual and cultural practices and their broader aspirations in the 21st century and beyond.
© The State of Victoria Department of Environment, Land, Water and Planning 2020
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Department of Environment, Land, Water and Planning (DELWP) logo. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/
ISSN 1329-6744
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Accessibility If you would like to receive this publication in an alternative format, please telephone the DELWP Customer Service Centre on 136186, 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. Photo credit: Damien Stoikos
Purpose ........................................ 1
Market Overview .......................... 2
Explanatory notes ........................ 8
Property Classification codes ..... 10
Map of municipal boundaries (Melbourne Metro) ...................... 30
Map of municipal boundaries (Victoria) ..................................... 31
Statewide aggregate data .......... 32
Suburb/township house price data .................................. 62
Suburb/township unit/ apartment price data ................. 91
Suburb/township vacant house block price data ....................... 105
Municipality statistics and time series data
(M) Melbourne Metropolitan area
(C) Country Victoria
Alpine Shire (C) ........................ 117
Ararat Rural City (C) ................. 119
Ballarat City (C) ........................ 121
Banyule City (M) ....................... 123
Bass Coast Shire (C) ............... 125
Baw Baw Shire (C) ................... 127
Bayside City (M) ....................... 129
Benalla Rural City (C) .............. 131
Greater Bendigo City (C) .......... 133
Boroondara City (M) ................. 135
Brimbank City (M) .................... 137
Buloke Shire (C) ....................... 139
Campaspe Shire (C) ................ 141
Cardinia Shire (M) .................... 143
Casey City (M) ......................... 145
Central Goldfields Shire (C) ..... 147
Colac Otway Shire (C) ............. 149
Corangamite Shire (C) ............. 151
Greater Dandenong City (M) .... 153
Darebin City (M) ....................... 155
East Gippsland Shire (C) ......... 157
Frankston City (M) .................... 159
French Island (C) ..................... 161
Gannawarra Shire (C) .............. 163
Greater Geelong City (C) ......... 165
Glen Eira City (M) ..................... 167
Glenelg Shire (C) ..................... 169
Golden Plains Shire (C) ........... 171
Hepburn Shire (C) .................... 173
Hindmarsh Shire (C) ................ 175
Hobsons Bay City (M) .............. 177
Horsham Rural City (C) ............ 179
Hume City (M) .......................... 181
Indigo Shire (C) ........................ 183
Kingston City (M) ...................... 185
Knox City (M) ........................... 187
Latrobe City (C) ........................ 189
Loddon City (C) ........................ 191
Macedon Ranges Shire (C) ...... 193
Manningham City (M) ............... 195
Mansfield Shire (C) .................. 197
Maribyrnong City (M) ................ 199
Maroondah City (M) ................. 201
Melbourne City (M) ................... 203
Melton City (M) ......................... 205
Mildura Rural City (C) ............... 207
Mitchell Shire (C) ..................... 209
Moira Shire (C) ......................... 211
Monash City (M) ........................213
Moonee Valley City (M) .............215
Moorabool Shire (C) ..................217
Moreland City (M) .....................219
Mornington Peninsula Shire (M) .. 221
Mount Alexander Shire (C) ........223
Moyne Shire (C) ........................225
Murrindindi Shire (C) .................227
Nillumbik Shire (M) ....................229
Northern Grampians Shire (C) ..231
Port Phillip City (M) ...................233
Pyrenees Shire (C) ...................235
Borough of Queenscliffe (C) ......237
Greater Shepparton City (C) .....239
South Gippsland Shire (C) ........241
Southern Grampians Shire (C) ....243
Stonnington City (M) .................245
Strathbogie Shire (C) ................247
Surf Coast Shire (C) ..................249
Swan Hill Rural City (C) ............251
Towong Shire (C) ......................253
Wangaratta Rural City (C) .........255
Warrnambool City (C) ...............257
Wellington Shire (C) ..................259
West Wimmera Shire (C) ..........261
Whitehorse City (M) ..................263
Whittlesea City (M) ....................265
Wodonga City (C) .....................267
Wyndham City (M) ....................269
Yarra City (M) ............................271
Yarra Ranges Shire (M) ............273
Yarriambiack Shire (C) ..............275
Contents
The figures shown in this guide provide a summary of sales activity in Victoria for the 2019 calendar year. The guide is produced annually using data from Valuer-General Victoria and includes every property sale in the state. Figures cover median prices by suburb for houses, units and vacant land; details of commercial, industrial and primary production sales; a summary of sales activity for every local government area; and statewide, metropolitan and country summaries. This guide presents factual data relating to property sales received throughout Victoria during the 2019 calendar year. Due to the extended settlement period for off-the-plan sales, many 2019 sales are yet to be received. The report provides time series data for residential property, summary statistics for each of the 79 local government areas and yearly medians by suburb from 2009–2019. This guide also provides some preliminary statistics for 2020 based on sales evidence available at the time of publication. The information contained in this guide has been obtained from Notices of Acquisition (NOA), which are required to be completed by each purchaser within one month of acquiring any real estate in Victoria. The State Revenue Office supplies the Valuer-General with a copy of the completed NOA for each transaction under the provisions of the Land Tax Act 1958. The information is collated and loaded to a master property file. The table and charts presented here are derived from analysis of sales data. Considerable care has been taken to ensure the accuracy and quality of information and the 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 and people using this information are strongly advised to seek confirmation of any statistical information.
Report highlights In 2019, data shows that Victoria’s average residential and industrial property prices increased while average commercial and primary production prices decreased. The total number and value of sales showed declines across the board except for commercial which showed a slight increase in sales numbers. The total value of sales of all property decreased by 2.6 per cent from $119.6 billion in 2018 to an estimated $116.5 billion in 2019. The total number of sales decreased by 3.9 per cent from 161,272 to an estimated 155,032, reflecting a decrease of 9.6 per cent in residential sales. The median house price for the whole of Victoria decreased by 0.2 per cent to $609,000, while the median house price for metropolitan Melbourne fell by 3 per cent to $720,000. The median house price in country Victoria increased by 4.8 per cent to $382,500. The Valuer-General’s report shows that the state’s median house price increased by 69 per cent in the 10 years from 2009.
Purpose
A Guide to Property Values 2019 | Page 1
In general terms, while showing some variation across the different sectors, the total number of sales fell across all property types apart from a slight increase in the commercial sector. Consequently, the total value of sales fell across most property types over the period January – December 2019. However, median and average property prices showed increases in residential and industrial markets, while the commercial and primary production markets experienced decreases in the average prices and the total value of sales.
The total value of sales of all property in Victoria decreased by 2.6 per cent from $119.6 billion in 2018 to an estimated $116.5 billion in 2019. The total number of sales decreased by 3.9 per cent from 161,272 to an estimated 155,032, reflecting a decrease of 9.6 per cent in the number of residential sales. It should be noted that there is an estimated five per cent of all property and 15 per cent of metropolitan unit and land sales yet to be recorded. This is due to the extended settlement period for off-the-plan sales.
The median house price in Victoria’s residential property market decreased by 0.2 per cent to $609,000 in 2019. It increased by 2.4 per cent in 2018 ($610,000) and 13.2 per cent in 2017 ($595,500).
In general terms, for the past 10 years house prices have continued to grow, with the state’s median house price rising 69 per cent – from $360,200 to $609,000 – between 2009 and 2019.
Growth in house prices in country Victoria (regional cities and towns) in 2019 was higher than metropolitan Melbourne, with country Victoria median house sale prices increasing 4.8 per cent compared to the 3 per cent decrease in the metropolitan median.
Unit/apartment median prices in metropolitan Melbourne increased by 2 per cent, compared with 4.2 per cent for unit/apartment prices in country Victoria.
Overall, recorded commercial and industrial property sales saw an 18.7 per cent decrease in their total value, from $17.46 billion in 2018 to an estimated $14.20 billion in 2019. The total number of recorded sales for these sectors showed a decrease of 10.8 per cent.
The total value of recorded primary production property sales decreased by 16.1 per cent from $3.69 billion to $3.10 billion. The total number of recorded sales decreased by 7.8 per cent.
Analysis of 2019 sales data reveals many interesting facts about Victoria’s property market. Some of these changes reflect the overall state of the property market, while others may relate to the specific impact of sub-market groups.
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, location or building construction.
Changes in the sub-market groups may have occurred due to:
• a new supply entering the market, whichinfluenced median prices
• new developments of lower or higher qualitythan is normal for a sub-market group
• a large new development in an area beingcompleted during the year.
For a better understanding of a particular sub-market group’s status within the property cycle, it is recommended that the 2018 and 2019 figures be read in conjunction with the 2009 to 2019 figures.
There are many variations and exceptions to the overall trends. We encourage readers to compile their own lists and tables from the data provided in the guide and investigate local sub-market groups thoroughly and then draw their own conclusions on the movements of sales and numbers.
Victorian Valuer-General, Robert Marsh
Market overview from Robert Marsh, Valuer-General Victoria
A Guide to Property Values 2019 | Page 2
Tables 1 and 2 show the change in the total number of sales and median house price in metropolitan Melbourne and country Victoria between 2018 and 2019.
While it can be noted that total volume has increased in metropolitan Melbourne, the median house price has shown a decrease. Conversely, country Victoria has shown a decrease in sales volume and an increase median house price.
As in previous years, there were wide variations within these property groupings. In 2019, six out of 432 metropolitan suburbs showed median house sale price increases of more than 10 per cent and 35 suburbs showed decreases of more than 10 per cent.
Sales volume and value
The total number of property sales recorded in Victoria in 2019 (at 13 May 2020) was 138,865, with an additional 12 per cent expected as the remaining 2019 notifications are received. It is estimated that total sales numbers for 2019 will be approximately 155,032.
In 2019 there were 138,865 sales recorded, which was a 3.9 per cent decrease in sales volume compared to a decrease of 21.1 per cent the previous year. Total value of sales decreased by 2.6 per cent from $119.6 billion in 2018 to an estimated $116.5 billion in 2019.
It should be noted that there is an estimated five per cent of all property and 15 per cent of metropolitan unit and land sales yet to be recorded. This is due to the extended settlement period for off the plan sales. These adjustments are not expected to significantly alter the median or average prices listed in this guide.
In 2019 in metropolitan Melbourne, 106,077 sales totalling approximately $94.8 billion are expected. This compares to 104,371 sales totalling $95.79 billion in sales value in 2018. It also represents a 1.6 per cent increase in sales numbers and a 1 per cent decrease in sales value between 2018 and 2019.
In country Victoria, total sales volumes are expected to reach 48,955 in 2019, a 14 per cent decrease from 56,901 in 2018. The total value is expected to decrease by 8.9 per cent, from $23.84 billion in 2018 to $21.71 billion in 2019.
Commercial and industrial property
The figures in table 3 and 4 include an additional 5 per cent in the sales estimate to account for further 2019 notifications.
For the whole of Victoria, commercial sales volumes for 2019 increased by 0.3 per cent and the total value of sales decreased by 18.8 per cent. Industrial sales volumes decreased by 19.1 per cent and the total value of industrial sales decreased by 18.5 per cent.
Primary production property
Tables 5 and 6 take into account the estimated 5 per cent additional sales from 2019 still to be notified.
The total value of all primary production sales in Victoria decreased by 16.1 per cent from $3.69 billion in 2018 to an estimated $3.1 billion in 2019. The total number of primary production sales decreased 7.8 per cent from 3,432 in 2018 to an estimated 3,123 in 2019.
The total number of primary production property sales in metropolitan Melbourne decreased in 2019 by 28.6 per cent from 200 sales in 2018 to 143 expected sales in 2019. The number of sales in country Victoria showed a decrease from 3,232 sales in 2018 to 2,980 expected sales in 2019 (7.8 per cent decrease). The total value of primary production sales decreased by 26.5 per cent in metropolitan Melbourne and 14.2 per cent in country Victoria.
Residential market in metropolitan Melbourne and regional Victoria
The figures in table 1 and 2 include an additional 5 per cent in the sales estimate to account for further 2019 notifications.
In percentage terms, the total value and total volume of residential sales in metropolitan Melbourne outperformed country Victoria. Country Victoria residential sales volumes decreased 9 per cent compared to metropolitan Melbourne’s 7.1 per cent increase. The total value of country residential sales decreased14.6 per cent compared to metropolitan Melbourne’s decrease of 7 per cent. In terms of median house prices, country Victoria increased 4.8 per cent and metropolitan Melbourne decreased 3 per cent.
Median house sale prices increased for the majority of suburbs in the major regional cities of Bendigo, Geelong, Shepparton, Ballarat and Wodonga.
Market summary
A Guide to Property Values 2019 | Page 3
The country residential market can also be gauged by looking at large, medium, small and seaside towns across Victoria (see Table 8).
For the purpose of this report, large towns are defined as having more than 150 sales, medium towns 50–150 sales and small towns fewer than 50 sales. Seaside towns are defined as fronting Bass Strait; however, towns within Port Phillip Bay are excluded from this classification.
Median house prices increased by 2.5 per cent for large towns, 5.4 per cent for medium towns and 5.3 per cent for small towns. This compares to a decrease of 3 per cent for metropolitan Melbourne. The statistics below for large, medium and small country towns exclude regional cities and seaside towns.
Seaside towns showed a 1.4 per cent median price increase, which is an 11 per cent decrease from 2018.
Residential – metropolitan Melbourne
Residential median sale prices varied across Melbourne. The median sale price for Melbourne houses decreased from $742,500 in 2018 to $720,000 in 2019, a fall of 3 per cent. Unit values increased from $554,000 in 2018 to $565,000 in 2019, a 2 per cent increase, and vacant land values increased 1.3 per cent from $315,400 to $319,500.
Houses
The median sale price recorded for Melbourne houses in 2019 was $720,000; however, price movements differed greatly across suburbs.
The following data refers to suburbs with more than 10 sales for both 2018 and 2019.
The highest median price increases recorded were 28 per cent in East Melbourne, which increased from $2,675,000 to $3,413,500; 23 per cent in Princes Hill, which increased from $1,650,000 to $2,035,000; 21 per cent in Strathtulloh, which increased from $425,000 to $515,000; and 14 per cent in Waterways, which increased from $1,110,000 to $1,270,000.
Only two of the 418 metropolitan suburbs with more than 10 sales for both 2018 and 2019 recorded an increase in the 15–25 per cent range which are Princes Hill and Strathtulloh.
Three hundred and twenty seven out of 418 metropolitan suburbs with more than 10 sales for both 2018 and 2019 showed a decrease in median price. The biggest reductions in median prices were
recorded in Parkville, down 39 per cent from $2,430,000 to $1,480,000; Travancore, down 24 per cent from $1,475,000 to $1,125,000; and West Melbourne, down 21 per cent from $1,370,000 to $1,085,000.
The 10 suburbs in metropolitan Melbourne with the highest median house sale prices in 2019 were Toorak at $4,361,000, East Melbourne at $3,413,500, Canterbury at $2,832,500, Deepdene at $2,758,000, Middle Park at $2,705,000, Brighton at $2,600,000, Malvern at $2,550,000, Armadale at $2,462,500, Balwyn at $2,392,500 and Kew at $2,255,000.
The 10 suburbs in metropolitan Melbourne with the lowest median house sale prices in 2019 were Melton at $385,000, Melton South at $390,000, Millgrove at $415,000, Kurunjang at $420,500, Frankston North at $422,750, Melton West at $424,000, Hastings West at $430,000, Coolaroo at $441,000, Brookfield at $445,000, and East Warburton at $446,500.
Units
The median sale price recorded for Melbourne’s units in 2019 was $565,000, an increase of 2 per cent on the 2018 figure of $554,000.
The highest median price increases recorded in 2019 included Gardenvale, up 109 per cent from 307,500 to 641,500; Balwyn, up 28 per cent from $685,000 to $875,000; Sanctuary Lakes, up 27 per cent from $420,000 to $535,000; Cremorne, up 27 per cent from $685,000 to $870,000.
Suburbs that recorded the highest fall in median unit sale prices from 2018 to 2019 included Eaglemont, down 38 per cent from $1,265,000 to $785,000; Albert Park, down 30 per cent from $1,300,000 to $915,000 and Albion, down 25 per cent from $350,000 to $261,000.
Vacant residential land
Melbourne’s median sale price for vacant residential land rose 1.3 per cent from $315,400 in 2018 to $319,500 in 2019.
Large increases were recorded in Williams Landing, up 41 per cent from $327,500 to $460,500; Sunshine North, up 38 per cent from $315,000 to $434,000; Cobblebank, up 34 per cent from $183,000 to $245,000; and Safety Beach, up 27 per cent from $450,000 to $570,000.
Ten of 68 metropolitan suburbs with more than 10 sales for both 2018 and 2019 showed median price
A Guide to Property Values 2019 | Page 4
increases between 5 per cent and 20 per cent. Examples include Roxburgh Park by 18 per cent, from $277,500 to $327,500; Rockbank by 12 per cent, from $248,000 to $280,000; Melton South by 10 per cent, from $222,000 to $244,500; Brookefield by 8 per cent, from $218,000 to $235,000; and Diggers Rest by 5 per cent, from $280,000 to $294,000.
Ten suburbs with more than 10 sales for both 2018 and 2019 showed reductions in median price. Examples include Narre Warren South by 33 per cent, from $450,000 to $300,000; Epping by 24 per cent from $317,000 to $240,000; and Cranbourne East by 17 per cent, from $345,000 to $288,000.
Residential – country Victoria
Country Victoria has shown significant growth in the residential housing sector for the 10 years to 2019, with median house prices continuing to rise.
The median sale price of housing across country Victoria increased 59 per cent, from $241,000 in 2009 to $382,500 in 2019. Units rose 38 per cent, from $218,000 in 2009 to $300,000 in 2019.
From 2018 to 2019 the median sale price of houses in country Victoria increased from $365,000 to $382,500, an increase of 4.8 per cent. This compares to a decrease of 3 per cent in metropolitan Melbourne for the same period.
Houses
The following data refers to country suburbs with 10 or more sales for both 2018 and 2019.
Wahgunyah recorded the largest increase, up 48 per cent from $240,000 to $355,000; Corryong, up 45
per cent from $162,500 to $236,000; Minyip, up 41 per cent from $81,000 to $114,500; and Mallacoota, up 40 per cent from $290,000 to $406,500.
The biggest falls were recorded in Nyah West, down 37 per cent from $135,000 to $85,000; Portland North, down 25 per cent from $367,500 to $276,000; Rainbow, down 24 per cent from $99,000 to $75,000; and Corinella, down 21 per cent from $450,000 to $357,500.
Excluding seaside towns, the towns in country Victoria with the highest median house sale prices in 2019 were Lake Wendouree at $836,500, Newtown (Greater Geelong) at $825,000, Macedon at $800,000, Mount Macedon at $775,000, and Wandana Heights at $766,500.
The 10 towns in country Victoria with the lowest median house sale prices in 2019 were Rainbow at $75,000, Jeparit at $81,000, Nyah West at $85,000, Ouyen at $99,000, Sea Lake at $100,000, Birchip at $108,000, Minyip at $114,500, Warracknabeal at $118,000, Murtoa at $119,000 and Dimboola at $120,000.
Units
The median sale price of units in country Victoria increased by 4.2 per cent from $288,000 in 2018 to $300,000. However, there were wide variations across the state.
Vacant residential land
The median sale price for vacant residential land in country Victoria decreased 4.1 per cent from $169,000 to $162,000 between 2018 and 2019. However, there were wide variations in movements across Victoria.
Table 1: House sales – metropolitan Melbourne
Year Total number of sales Median sale price
2018 50,944 $742,500
2019 52,266 $720,000
% change 2018-19 2.6% -3%
A Guide to Property Values 2019 | Page 5
Table 2: House sales – country Victoria
Year Total number of sales Median sale price
2018 27,473 $365,000
2019 25,684 $382,500
% change 2018-19 -6.5% 4.8%
Table 3: Commercial and industrial sales – metropolitan Melbourne
Year Total number of sales Total value of sales Average sale price
2018 5,776 $15,698,822,136 $2,717,940
2019 5,237 $12,446,680,309 $2,376,500
% change 2018-19 -9.3% -20.7% -12.6%
Table 4: Commercial and industrial sales – country Victoria
Year Total number of sales Total value of sales Average sale price
2018 1,933 $1,763,203,375 $912,159
2019 1,793 $1,752,212,341 $977,034
% change 2018-19 -7.2% -0.6% 7.1%
Table 5: Primary production sales – metropolitan Melbourne
Year Total number of sales Total value of sales Average sale price
2018 200 $574,971,939 $2,874,860
2019 143 $422,491,991 $2,958,627
% change 2018-19 -28.6% -26.5% 2.9%
Table 6: Primary production sales – country Victoria
Year Total number of sales Total value of sales Average sale price
2018 3,232 $3,117,526,933 $964,581
2019 2,980 $2,674,820,509 $897,621
% change 2018-19 -7.8% -14.2% -6.9%
A Guide to Property Values 2019 | Page 6
Table 7: Regional cities – median house price movement 2018 to 2019
Regional cities No. suburbs included in the regional cities
Quartile 2018 to 2019 median % price movement
Examples of % price movement in each category
Geelong, Ballarat, Bendigo, Shepparton and Wodonga
91 Upper 7.6 East Bendigo 23, Drysdale 12, Sebastopol 9, Killara 8, Kialla 8
Median 4.2
Nerrina 7, Ballarat North 6, Bendigo 5, South Geelong 4, Wendouree 3, Kyabram 1, Mount Helen 0
Lower -0.7 Norlane -2, Spring Gully -3, Geelong -4, Wodonga -6, Manifold Heights -9
Table 8: Country towns – median house price movement 2018 to 2019
Category No. of towns Quartile 2018 to 2019 median % price movement
Examples of % price movement in each category
Large towns (more than 150 house sales)
39 Upper 6.2 Portland 14, Traralgon 9, Swan Hill 7
Median 2.5 Warrnambool 6, Maryborough 3, Echuca 1
Lower 0.5 Wangaratta 0, Colac -2, Hamilton -7
Medium towns (50–150 house sales)
42 Upper 8.0 Irymple 23, Beechworth 18, Wonthaggi 11, Bannockburn 9
Median 5.4 Kyneton 8, Mansfield 6, Churchill 3, Leongatha 2
Lower 1.8 Seymour 2, Stawell -1, Port Fairy -3, Gisborne -5
Small towns (fewer than 50 house sales)
120 Upper 11.4 Corryong 45, Stratford 23, Merbein 17, Casterton 13, Orbost 12
Median 5.3 Yea 11, Rochester 8, Cowes 4, Avoca 0, Bright -2
Lower -1.8 Ballan -3, Heyfield -6, Nhill -8, Rosedale -12, Chiltern -14,
Seaside towns 38 Upper 9.1 Cape Paterson 22, Metung 14, Aireys Inlet 13, Ventnor 9
Median 1.4 Venus Bay 8, Loch Sport 6, Torquay 1, Queenscliff 0, Inverloch -1
Lower -2.2 Jan Juc -4, Lakes Entrance -5, Kalimna -10, Corinella -21
A Guide to Property Values 2019 | Page 7
Statistical accuracy
Only statistics for suburbs with more than 10 sales in one of the past four years have been included in the analysis.
Symbols
^ Fewer than 10 sales in that year.
* Value was carried forward from the previous year due to zero sales in the represented year.
Limited sales recorded for 2020 may cause statistics for that year to be skewed. Similarly, small numbers of sales in rural areas in previous years can distort sales trends.
Block size
Some of the transaction data provided on the Notices of Acquisition is either incomplete or of insufficient detail for the calculation of the block size. This affects the calculation of both median block size and median price per unit area.
The median block size is calculated to be the area of the middle item when all the areas, which can be calculated, are arranged in ascending order of magnitude.
The value of price per unit area is determined by dividing each calculable area into its corresponding sale price. The median price per unit area will be the value of the middle item when all such calculations are arranged in ascending order of magnitude.
The value of the median price per unit area is given in dollars per square metre.
Compound growth per annum
This figure shows the nominal annual compound growth that has occurred over the period, expressed as a percentage. Actual increases may vary from year to year, but the annual compound growth smooths out these increases (or decreases) and indicates by how much a starting value would need to change each year to arrive at the end value.
Movements in the Consumer Price Index over the period have not been considered in these calculations.
Conversion factors
1 hectare = 10,000 square metres
1 hectare = 2.4798 acres
1 acre = 4,046.86 square metres
1 square metre = 10.7639 square feet.
Property classification
The Australian Valuation Property Classification Codes (AVPCC) has been used to produce this report.
The specific descriptions and abbreviations used are shown on page 11-30.
Those classifications marked (#) have been further defined and comprise:
Vacant Residential Site A – less than 2000 sq. metres
Vacant Residential Site B – 2000–3999 sq. metres
Vacant Residential Site C – 4000 sq. metres to 1 hectare
HA is an abbreviation for hectare
SM is an abbreviation for square metre.
Median sale price
The median sale price is the value of the middle item when all sale prices are arranged in ascending order of magnitude.
In some earlier editions of this publication the mean sale price was used to indicate the general level of sale prices. The median sale price was adopted in 1977 and recast back to 1974 to provide a more accurate indication.
It has been observed that the use of mean values has often led to disparities due to the wide divergence of prices within a municipality, particularly the influence of sales at a price much higher than the general level.
Mean sale price
The mean sale price represents the total of sale prices of all sales for the classification, divided by the total number of sales for the classification.
Number of sales
The number of sales comprises the total number of properties changing ownership during the 2019 calendar year. In some cases, preliminary 2020 statistics are shown and are those sales recorded at the time of publication.
These sale statistics do not include transfers of title that relate to legacies and gifts.
Explanatory notes
A Guide to Property Values 2019 | Page 8
Municipality and suburb township data
Categories
Houses based on a combination of Detached Home, Semi-Detached/Terrace Home/Row House, House and Flat/Studio.
Units based on a combination of Single Strata Unit/Villa Unit/Townhouse, Conjoined Strata Unit/Townhouse, Residential Company Share Unit (ground level), Residential Company Share Unit (within multi-storey development), Strata Unit or Flat, Residential Investment Flats, Individual Flat, Retirement Village Unit.
Vacant Res Land based on Vacant Res A and Vacant Res B.
Price index (base 2018 and 2014)
The price indices shown in the municipality tables relate the median price for 2019 to those of 2018 and 2014 respectively. For example, an index of 104.5 for 2018 indicates that the median price has increased by 4.5 per cent between 2018 and 2019.
The calculation of the index is based on the median sale price for residential, commercial and industrial categories, and median price per unit area for rural categories.
The calculation of an index when median sale price is used is contingent on there being sufficient sales of the same land use classification in the same local government area, for both the current and base years.
When indices are calculated on the median price per unit area basis, the same limit relates to the number of sales with calculable areas. Should these conditions not be met, the letters ‘ND’ (indicating insufficient data) are printed in the appropriate index column.
Suburb/township classification of sales
The report uses gazetted neighbourhoods and localities as its suburb base, and the boundaries are sourced from LASSI maps (Land and Survey Spatial Information maps). The property classification codes used in the guide are the Australian standards, known as Australian Valuation Property Classification codes, which are used throughout Australia.
Suburb/township statistics are more relevant when a particular socio-economic or cultural grouping is required. Data provided on this basis will provide a more reliable statistical guide for comparing specific areas than statistics based on a whole municipality.
Total of sale prices
This municipal total comprises the total selling price of all the sales recorded under ‘Number of sales’, as defined above.
The individual sale price for each property consists of the value of the real estate component and also includes any amount notified as being the value of chattels.
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Description Abbreviation
Residential
Residential Use Development Land
Vacant Residential Home Site/Surveyed Lot < 2000sm Vac Res A
Vacant Residential Home Site/Surveyed Lot < 4000sm Vac Res B
Residential Rural/Rural Lifestyle < 1ha Vac Res C
Residential Development Site Res Dev Site
Vacant In globo Residential Subdivisional Land
Vacant In globo Residential Subdivisional Land (Unspecified) Vac Res Englobo Oth
Subdivisional Land (Multi Lot) Sub Div (Multi Lot)
Subdivisional Land (In globo/Potential) Sub Div (EnGlobo)
Vacant Residential Rural/Rural Lifestyle Vac Res Rural Lstyle
Residential Airspace Residential Airspace
Single Residential Accommodation
Detached Dwelling
Detached Dwelling (Unspecified) Detached Home Unsp
Detached Dwelling (new) Detached Home (new)
Detached Dwelling (existing) Detached Home(exist)
Detached Dwelling Non-Conforming Use - Commercial Detached Home(Comm)
Detached Dwelling Non-Conforming Use - Industrial Detached Home (Ind)
Separate Dwelling and Curtilage Sep House&Curtilage
Semi-Detached/Terrace/Row House
Semi-detached/Terrace/Row House (Unspecified) Semi-Detached Unspec
Semi-detached Semi-Detached
Terrace Terrace House
Row House Row House
Half Pair or Duplex Half Pair or Duplex
Granny Flat/Studio Granny Flat/Studio
Dwelling and Dependant Unit House & Flat/Studio
Shack/Hut/Donga Shack/Hut/Donga
Cabin/Accommodation (rental/leased individual residential site) Cabin/Accommodation
Residential Rural/Rural Lifestyle Res/Rural Lstyle
Residential Land (with buildings that add no value) Res Land (WithBuild)
Property classification codes
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Description Abbreviation
Multiple Occupation (within residential development)
Single Strata Unit/Villa Unit/Townhouse
Single Strata Unit/Villa Unit/Townhouse (Unspecified) Single Strata Unspec
Single Strata Unit Single Strata Unit
Villa Unit Villa Unit
Townhouse Townhouse
OYO Subdivided Dwelling OYO Sub Dwelling
OYO Subdivided Unit OYO Sub Unit
OYO Unit OYO Unit
Conjoined Strata Unit/Townhouse
Conjoined Strata Unit/Townhouse (Unspecified) Cojoin Strata Unsp
Half Pair or Duplex Half Pair or Duplex
Conjoined Strata Unit Conjoined StrataUnit
Townhouse Townhouse
Residential Company Share Unit (ground level)
Residential Company Share Unit (ground level) (Unspecified) Res Co Sh Unit Unsp
OYO Company Share Unit OYO Co Share Unit
OYO Stratum Flat OYO Stratum Flat
OYO Stratum Unit OYO Stratum Unit
OYO Company Share Flat OYO Co Share Flat
OYO Cluster Unit OYO Cluster Unit
Residential Company Share Unit (within multi-storey development) Res Co Sh Unit HR
Strata unit or flat
Strata Unit or Flat (Unspecified) Strata unit/flat Uns
Strata Dwelling Strata Dwelling
OYO Subdivided Flat OYO Subdivided Flat
OYO Strata Flat OYO Strata Flat
Individual Car Park Individual Car Park
Individual Berth Individual Berth
Individual Flat Individual Flat
Common Land associated with a residential development Common Land Unit Dev
Investment Residential
Boarding House Boarding House
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Description Abbreviation
Residential Investment Flats Res Investment Flat
Short Term Holiday Accommodation Short Term Hol Accom
Dormitory Accommodation/University Residential College
Dormitory Accommodation/University Residential College (Unspecified) Dorm Accom Unspec
Dormitory Accommodation Dormitory Accom
University Residential College Uni Res College
Retirement/Aged Care Accommodation/Special Accommodation
Retirement Village Unit Retire Village Unit
Retirement Village Complex Retire Village Compl
Aged Care Complex
Aged Care Complex (Unspecified) Age Care/Nursing Uns
Aged Care Complex Aged Care Complex
Nursing Home Nursing Home
Special Accommodation Special Accomm Res
Disability Housing Disability Housing
Ancillary Buildings
Miscellaneous Improvements on Residential Land
Miscellaneous Improvements on Residential Land (Unspecified) ResLandWithImprovemt
Storage Area (on Residential Land) Storage Area Res
Garage/Outbuilding (on Residential Land) Garage/Outbuild Res
Miscellaneous Improvements on Residential Rural Land
Misc Improvements on Residential Rural Land (Unspecified) MisImpRuralLand Unsp
Storage Area (Rural) Storage Area Rural
Garage/Outbuilding (Rural) Garage/Outbuild Rur
Site Improvements (Rural) Site Improves Rur
Commercial
Commercial Use Development Land
Commercial Development Site Commerical Dev Site
Vacant In globo Commercial Land Vac Englobo Land
Commercial Land (with buildings that add no value) Com Land (Struct 0)
Commercial Airspace Com Dev Airspace
Retail
Retail Premises (single occupancy)
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Description Abbreviation
Retail Premises (single occupancy) (Unspecified) Retail Sgle Occ Unsp
Bank Bank
Retail Store/Showroom Retail Store/Showrm
Shop Shop
Cafe Café
Timber Yard/Trade Supplies Timber Yard/Supplies
Display Yard Display Yard
Convenience Store/Fast Food Convenience/FastFood
Plant/Tree Nursery Plant/Tree Nursery
Retail Premises (multiple occupancies)
Retail Premises (multiple occupancies) (Unspecified) Retail Mult Occ Unsp
Shop and Dwelling (single occupancy) Shop & Dwelling
Office and Dwelling (single occupancy) Office & Dwelling
Mixed Use Occupation
Mixed Use Occupation (Unspecified) Mixed Use Unspec
Office Mixed Use Office
Shop (Mixed use) Mixed Use Shop
Studio Mixed Use Studio
Workroom Mixed Use Workroom
Shopping Centre
Shopping Centre (Unspecified) Shopping Centre Unsp
Shopping Centre (Super Regional) Shop Cnt SuperRegnal
Shopping Centre (Major Regional) Shop Cnt MajorRegnal
Shopping Centre (Regional) Shop Cnt Regional
Shopping Centre (Sub Regional) Shop Cnt SubRegional
Shopping Centre (Neighbourhood) Shop Cnt Neighbhood
National Company Retail
National Company Retail (Unspecified) National Co Ret Unsp
Supermarket Supermarket
Department/Discount Department Store Dept/Discount Store
National Company Retail (Bulky Goods) Nat Co Bulky Goods
Fuel Outlet/Garage/Service Station Fuel Outlet/Garage
Multi-Purpose Fuel Outlet (fuel/food/groceries) Multi Use FuelOutlet
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Description Abbreviation
Bottle Shop/Licensed Liquor Outlet Bottle Shop/Licensed
Licensed Retail Premises Licensed Ret Prem
Market Stall Market Stall
Office
Office Premises
Office Premises (Unspecified) Office Premises Uns
Office (Converted dwelling) Office Cvrt Dwelling
Serviced Office Serviced Office
Strata/Subdivided Office Strata/Subdiv Office
Low Rise Office Building LowRise Office Build
Multi-Level Office Building
Multi-Level Office Building (Unspecified) Multi-Lvl Offic Unsp
Medium rise (4 to 50 levels) Office 4 to 50 Lvls
High Rise (50+ levels) Office H/R 50+ Lvls
Special Purpose (built-in technology) SpecialPurpose tech
Short Term Business and Tourist Accommodation
Residential Hotel/Motel/Apartment Hotel Complex
Residential Hotel/Motel/Apartment Hotel Complex (Unspecified) Hotel/Motel Unspec
Residential Hotel Residential Hotel
Motel Motel
Apartment Hotel Complex Apartment Hotel Comp
Tourist Resort Complex Tourist Resort Compl
Hotel Res Hotel
Private Hotel Private Hotel
Residential Hotel/Motel/Apartment Hotel Units Res Hotel/Motel Apar
Serviced Apartments/Holiday Units
Serviced Apartments/Holiday Units (Unspecified) Serv Apt/Unit Unsp
Holiday Units Holiday Units
Serviced Apartments Serviced Apartments
Bed and Breakfast Bed and Breakfast
Tourist Park/Caravan Park/Camping Ground Tourist Park/Caravan
Guest Lodge/Back Packers/Bunkhouse/Hostel
Guest Lodge/Back Packers/Bunkhouse/Hostel (Unspecified) Guest/BackPack Unspc
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Description Abbreviation
Guest Lodge Guest Lodge
Back Packers/Hostel Back Packers/ Hostel
Bunkhouse Bunkhouse
Ski lodge/ Member facility Ski lodge/Memb fac
Recreation Camp Recreation Camp
Hospitality
Pub/Tavern/Hotel/Licensed Club/Restaurant/Licensed Restaurant/Nightclub
Pub/Tavern/Hotel/Licensed Club/Restaurant/Licensed Restaurant/Nightclub (Unspecified)
Pub/Tavern/Club Unsp
Pub Pub
Tavern Tavern
Hotel Hotel
Licensed Club Licensed Club
Restaurant Restaurant
Licensed Restaurant Licensed Restaurant
Nightclub/Cabaret Nightclub/Cabaret
Reception/Function Centre Reception/Function
Hotel-Gaming Hotel–Gaming
Club - Gaming - stand alone Club–Gaming–Stand
Member Club Facility Member Club Facility
Casino Casino
National Company Restaurant National Co Rest
Kiosk Kiosk
Conference/Convention centre ConferenceConvention
Entertainment – Cinema, Live Theatre and Amusements (non-sporting)
Live Entertainment – Major Multi-Purpose Complex Live Ent-Major Multi
Cinema Complex Cinema Complex
Playhouse/Traditional Theatre Playhouse/Theatre
Drive-In Drive-In
Tourism Facilities/Infrastructure
Large Theme Attraction/Park Large Theme Park
Amusement Park Amusement Parks etc.
Major Infrastructure Attractions, often associated with a major historic or feature natural location
Major Inf Attraction
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Description Abbreviation
Tourism Infrastructure – Local Attractions Tourism Infrastruct
Personal Services
Health Surgery Health Surgery
Health Clinic
Health Clinic (Unspecified) Health Clinic Unsp
Diagnostic Centre/X-Ray Diagnostic/X-ray
Medical Centre/Surgery Medical/Surgery
Dental Clinic Dental Clinic
Super Clinic Super Clinic
Brothel Brothel
Crematorium/Funeral Services Crematorium/Funeral
Automatic Teller Machine Automatic Teller
Veterinary Clinic Veterinary Clinic
Vehicle Car Parking, Washing and Sales
Ground Level Parking Ground Level Parking
Multi-Storey Car Park Multi-Storey CarPark
Individual Car Park Site
Individual Car Park Site (Unspecified) Indiv CarPark Unspe
Car park – Under Cover CarPark – UnderCover
Car park – Open Air CarPark – Open Air
Car Wash Car Wash
Vehicle Sales Centre Vehicle Sales Centre
Vehicle Rental Centre Vehicle Rental Centre
Advertising or Public Information Screens
Advertising Sign
Advertising Sign (Unspecified) Advertising Sign Uns
Self Standing Pole Adv Self Stand Pole
Bridge Fixed Adv Sign Bridge Fix
Roof Mounted Adv Sign Roof Mount
Wall Fixed Adv Sign Wall Fixed
Electronic Stadium/Street TV Relay Screen/Scoreboard ElectronicScoreboard
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Description Abbreviation
Industrial
Industrial Use Development Land
Industrial Development Site Ind Dev Site
Vacant Industrial In globo Land Vac Englobo Land
Industrial Airspace Ind Dev Airspace
Industrial Land (with buildings which add no value) Ind Land Building $0
Manufacturing
General Purpose Factory
General Purpose Factory (Unspecified) Factory Unspec
Factory Unit Factory Unit
Factory Factory
Garage/Motor Vehicle Repairs Garage/Motor Vehicle
Office/Factory Office/Factory
Workshop Workshop
Food Processing Factory
Food Processing Factory (Unspecified) Food ProcessingUnsp
Processing Plant Processing Plant
Dairy Food ProcessingDairy
Major Industrial Complex – Special Purpose Improvements Major Ind Complex
Warehouse/Distribution/Storage
General Purpose Warehouse
General Purpose Warehouse (unspecified) Warehouse Unspec
Warehouse Warehouse
Warehouse/Office Warehouse/Office
Warehouse/Factory Warehouse/Factory
Warehouse/Showroom Warehouse/Showroom
Depot Storage Depot
Store Warehouse Store
Open Area Storage
Open Area Storage (Unspecified) OpenStorageUnspec
Hardstand/Storage Yard Hard/Storage Yard
Wrecking Yard Wrecking Yard
Concrete Batching Plant Concrete Batch Plant
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Description Abbreviation
Container storage OpArea ContainerStor
Bulk Grain Storage (structures) Bulk Grain (Stuct)
Bulk Grain Storage (earthen walls and flooring - pit bunker) Bulk Grain Stor (Pit)
Bulk Liquid Storage Fuel Depot/Tank Farm Bulk Liquid Depot
Coolstore/Coldstore Coolstore/Coldstore
Works Depot Works Depot
Noxious/Offensive/Dangerous Industry
Tannery/Skins Depot and Drying Tannery/Skins Depot
Abattoirs Abattoirs
Stock sales yards Stock Sales Yards
Rendering Plant Rendering Plant
Oil Refinery Oil Refinery
Petro-chemical Manufacturing Petrochemical Man
Sawmill Sawmill
Extractive industries
Extractive industry site with permit or reserve not in use
Sand ExtInd Sand
Gravel/Stone ExtInd Gravel/Stone
Manufacturing Materials ExtInd Manufact Mat
Soil ExtInd Soil
Coal ExtInd Coal
Minerals/Ores ExtInd Minerals/Ores
Precious Metals ExtInPrecious Metals
Uranium ExtInd Uranium
Quarry/Mine (open cut) – Exhausted (dry) Quarry/Mine open dry
Quarry/Mine (open cut) – Exhausted (wet) Quarry/Mine open wet
Quarry (in use)
Sand Quarry Sand
Gravel/Stone Quarry Gravel/Stone
Manufacturing Materials Quarry Manufact Mat
Soil Quarry Soil
Mine (open cut)
Black or Brown Coal MineOpen Coal
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Description Abbreviation
Iron Ore MineOpen Iron Ore
Bauxite MineOpen Bauxite
Gold MineOpen Gold
Metals (other than gold) MineOpen Metals
Precious Stones MineOpen PrecStones
Uranium MineOpen Uranium
Non Metals (other than Uranium) MineOpenNon Metals
Mine (deep shaft)
Non-metals MineDeepNon-metals
Black Coal MineDeep Black Coal
Precious Stones MineDeep PrecStones
Gold MineDeep Gold
Metals (other than gold) MineDeep Metals
Closed Mine Shaft Closed Mine Shaft
Tailings Dumps
Tailings Dump (minerals) TailingsDump Mineral
Tailings Dump (non-minerals) TailingDumpNoMineral
Well/Bore
Oil Well/Bore Oil
Gas Well/Bore Gas
Water (mineral) Well Water (mineral)
Water (stock and domestic) Water (stock&dome)
Water (irrigation) Water (irrigation)
Disused Bore/Well Disused Bore/Well
Salt Pan (evaporative)
Lake - Salt Extraction Lake – Salt Ext
Man-Made Evaporative Basin Man-made Evap Salt
Dredging Operations
Dredging (minerals) Dredging (minerals)
Dredging (non-minerals) Dredging non-mineral
Other (Unspecified)
Extractive less than 2 Metres ExtractiveLess 2 Mts
Operating mine (Unspecified) Operating mine unspe
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Description Abbreviation
Vacant Land mining (Unspecified) VacantLand Mine unsp
Primary production
Native Vegetation
Vacant Land – Native Vegetation/Bushland Native Bshland
Vacant Land – Native Vegetation/Bushland with Covenant/Agreement NatBshland +Agreem
Agriculture Cropping
General Cropping
General Cropping (Unspecified) GenCrop >20ha Unspec
Crop Production – Mixed/Other Crop – Mixed Other
Crop Production – Other Grains/Oil Seeds Crop– Other Grains
Crop Production – Wheat Crop – Wheat
Crop Production – Fodder Crops Crop – Fodder Crops
Specialised Cropping Specialised Cropping
Livestock Grazing
Domestic Livestock Grazing DomsticLivestockGraz
Non-Native Animals Non-Native Animals
Native Animals Native Animals
Livestock Production – Sheep Livestock - Sheep
Livestock Production – Beef Cattle Livestock - Beef
Livestock Production – Dairy Cattle Livestock - Dairy
Mixed Farming and Grazing
Mixed farming and grazing
Mixed farming and grazing (Unspecified) MixedFarm&GrazUnsp
Mixed farming and grazing with infrastructure MixedFarm + infrast
Mixed farming and grazing without infrastructure MixedFarm no infrast
Livestock – special purpose fencing, pens, cages, yards or shedding, stables
Cattle Feed Lot Cattle Feed Lot
Poultry – Open Range Poultry – Open Range
Poultry (egg production) Poultry egg
Poultry (broiler production) Poultry broiler
Horse Stud/Training Facilities/Stables
Horse Stud/Training Facilities/Stables (Unspecified) Horse Unspecified
Horse Stud Horse Stud
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Description Abbreviation
Training Facilities Horse Training Fac
Stables Horse Stables
Piggery Piggery
Kennel/Cattery Kennel/Cattery
Horticulture Fruit and Vegetable Crops
Market Garden – Vegetables MarketGardenVeg <20h
Orchards, Groves and Plantations Orchard Plantations
Horticulture – Special Purpose Structural Improvements
Vineyard Vineyard
Plant/Tree Nursery Plant/Tree Nursery
Commercial Flower and Plant Growing – (outdoor) Com Flower&Plant
Glasshouse Plant/Vegetable Production Glasshouse Plant/Veg
Forestry – Commercial Timber Production
Softwood Plantation Softwood Plantation
Hardwood Plantation Hardwood Plantation
Native Hardwood (standing timber) Native Hardwood
Aquaculture
Oyster Beds Oyster Beds
Fish Farming – Sea Water Based FishFarming–SeaWater
Yabby Farming Yabby Farming
Aquaculture Breeding/Research Facilities/Fish Hatchery Aquaculture Breeding
Infrastructure and utilities (industrial)
Vacant
Vacant Land Utilities Vac Land
(Unspecified) – Transport, Storage, Utilities and Communication Unsp–TranspStorUtil
Gas or Fuel
Gas or Fuel Wells Gas or Fuel Wells
Gas or Fuel Production/Refinery GasFuel Prod/Refine
Gas or Fuel Storage Gas or Fuel Storage
Gas or Fuel Transmission Pipeline (through easements, freehold and public land) Gas Trans Pipeline
Gas or Fuel Distribution/Reticulation Pipelines (through easements, freehold and public land)
GasFuel Dist/Ret Pip
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Description Abbreviation
Electricity
Electricity Power Generators – Fuel Powered(brown coal, black coal, natural steam, gas, oil, nuclear)
ElectPowerGenerator
Hydro Electricity Generation Hydro ElectGenerat
Wind Farm Electricity Generation WindFarmElectricity
Electricity Substation/Terminal Electric Substation
Electricity Transmission Lines (through easements, freehold and public land) Electric Trans Lines
Electricity Distribution/Reticulation Lines (through easements, freehold and public land)
ElectricDistribLines
Solar Electricity Generation Solar Elect Generat
Waste Disposal, Treatment and Recycling
Refuse Incinerator Refuse Incinerator
Refuse Transfer Station RefseTransferStation
Sanitary Land Fill Sanitary Land Fill
Refuse Recycling Refuse Recycling
Hazardous Materials/Toxic Storage Centre Hazardous/ToxicStore
Toxic By-product Storage and Decontamination Site ToxicByProductStore
Sewerage/Stormwater Treatment Plant Site Sewerage/StormTreat
Sewerage/Stormwater Pump Stations Sewerage/StormPump
Sewerage/Stormwater Pipelines (through easements, freehold and public land)
Sewerage/Stormwater Pipelines (through easements, freehold and public land) (Unspecified)
Sewerage/StormUnsp
Public Utility – Drainage PublicUtilityDrainag
Public Utility – Sewerage PublicUtilitySewerag
Reserve for Drainage or Sewerage Purposes Reserve for Drainage
Retarding Basin Retarding Basin
Water Supply
Water Catchment Area Water Catchment Area
Water Catchment Dam/Reservoir WaterCatchDamReser
Water Storage Dam/Reservoir (Non-Catchment) WaterStorageDamRes
Water Treatment Plant WaterTreatmentPlant
Water Storage Tanks, Pressure Control Towers and Pumping Stations Water Storage Tanks
Major Water Conduits Major Water Conduits
Water – Urban Distribution Network (through easements, freehold and public land) WaterUrbanDistribut
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Description Abbreviation
Transport – Road Systems
Freeways Freeways
Main Highways (including national routes) Main Highways
Secondary Roads Secondary Roads
Suburban and Rural Roads Suburban&Rural Road
Closed Roads Closed Roads
Reserved Roads ReservedRoads
Bus Maintenance Depot BusMaintenanceDepot
Bus Interchange Centre/Bus Terminal BusInterchangeCentre
Designated Bus/Taxi Stops/Stands/Shelters DesignatedBus/Taxi
Weighbridge Weighbridge
Transport – Rail and Tramway Systems
Railway Line in use Railway Line in use
Railway Switching and Marshalling Yards Railway Switching
Railway Maintenance Facility Railway Maintenance
Railway Passenger Terminal Facilities (including stations) RailwayPassengerTerm
Railway Freight Terminal Facilities Railway Freight Term
Tramway/Light Rail Right of Way and Associated Track Infrastructure Tramway/Light Rail
Tramway Maintenance /Terminal Storage Tramway Maintenance
Tram Stopping Facilities TramStoppingFacility
Railway/Tramway Line Closed/Unused Railway/TramClosed
Transport – Air
Airfield (includes associated open space) Airfield incOpenSpac
Airstrip Airstrip
Airport Traffic Control Centre AirportTrafficContro
Airport Hangar Building Airport Hangar Build
Airport Terminal Building – Passengers AirportTermPassenger
Airport Terminal Building – Freight AirportTermFreight
Heliport Heliport
Transport – Marine
Port Channel Port Channel
Port Dock / Berth Port Dock/Berth
Port Wharf / Pier and Apron - Cargo PortWharf/Pier Cargo
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Description Abbreviation
Wharf – Storage Sheds Wharf – Storage Shed
Wharf – Passenger Terminal and Ferry Pier Facilities Wharf–Passenger Term
Piers, Storages and Slipways Piers/Storages/Slipw
Ramps and Jetties Ramps and Jetties
Marinas and Yacht Clubs Marinas & Yacht Club
Dockyard, Dry Dock and/or Ship Building Facility Dockyard,Dry Dock
Lighthouse and Navigation Aids Lighthouse&Navigate
Communications, including Print, Post, Telecommunications and Airwave Facilities
Post Offices Post Offices
Postal Exchange/Mail Sorting Centres Postal Exchange/Mail
Post Boxes Post Boxes
Telecommunication Buildings / Maintenance Depots TelecomBuildings
Telecommunication Towers and Aerials
Telecommunication Towers and Aerials (Unspecified) TelecomTowers Unspec
Telecommunication Tower Telecom Tower
Telecommunication Aerial Telecom Aerial
Cable Lines, Conduits, Special Purpose Below Street Level Communication Line Tunnels – not sewers
Cable Lines,Conduit
Television/Radio Station - Purpose Built TV/Radio Station
Printing Works/Press Printing Works/Press
Telephone Exchange - Purpose Built Phone Exchange
Community services
Vacant or Disused Community Services Site
Vacant Health Services Development Site Vac Health Ser Site
Vacant Education and Research Development Site Vac Edu & Res Site
Vacant Justice and Community Protection Development Site Vac Justice&Com Site
Vacant Religious Purposes Development Site Vac Religious Site
Vacant Community Services Development Site Vac Com Service Site
Vacant Government Administration Development Site Vac Gov Admin Site
Vacant Defence Services Development Site Vac Defence Site
Cemetery Cemetery
Health
Public Hospital Public Hospital
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Description Abbreviation
Private Hospital Private Hospital
Welfare Centre Welfare Centre
Community Health Centre Community Health Cen
Centre for the Mentally Ill Centre Mentaly ill
Day Care Centre for Children Day Care Centre
Education and Research
Early Childhood Development Centre – Kindergarten
Early Childhood Development Centre – Kindergarten (Unspecified) Child Centre Unsp
Early Childhood Development Centre Early Childhood Cent
Kindergarten Kindergarten
Pre-School Pre-School
Child Welfare and Pre-School Child Welfare&Pre
Government School
Government School (Unspecified) Gov School (Unsp)
Primary School Gov Primary School
Secondary School/College Gov Secondary School
Combined Primary/Secondary Gov Combine Prim/Sec
Technical School Gov Technical School
Playing Fields and sporting facilities Gov Fields Sport Fac
School Camps School Camps
Non Government School
Non Government School (Unspecified) NonGov School Unsp
Primary School NonGov Primary
Secondary School/College NonGov Secondary
Combined Primary/Secondary NonGov Combined
Technical School NonGovTech School
Playing Fields and sporting facilities NonGov Fields Sport
Special Needs School Special Needs School
University University
Technical and Further Education Technical&Further Ed
Research Institute – Public Research Ins – Pub
Observatory Observatory
Residential College/Quarters – Defence forces Res College/Quarters
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Description Abbreviation
Justice and Community Protection
Police Facility Police Facility
Court Facility Court Facility
Prison/Detention Centre/Goal Complex/Corrective Institution Prison/Detention
Fire Station Facility Fire Station
Ambulance Station Facility Ambulance Station
Emergency Services Complex Emergency Serv Comp
Community Protection and Services Training Facility Community Protection
Religious
Place of Worship Place of Worship
Religious Hall Religious Hall
Religious Residence Religious Residence
Religious Study Centre Religious Study Cent
Community Service and Sporting Clubrooms and Halls
Halls and Service Clubrooms Halls&Service Rooms
Rural and Community Camps Rural&Comm Camps
Community Facility Community Facility
Government Administration
Parliament House Parliament House
Government House Government House
Local Government Local Government
Civic Buildings Civic Buildings
Defence Services/Military Base
Army Barracks/Administration Base Army Barracks/Admin
Army Maintenance Depots Army Maintenance Dep
Army Field Camps and Firing Ranges Army Field Camps&FR
Naval Base/Administration Base Naval Base/Admin
Naval Specialised Facilities – Ground Based Naval Spec-Grnd Base
Naval Specialised Facilities – Water Based Naval Spec-Wter Base
Air Force Base/Administration Air Force Base/Admin
Airstrip and Specialised Facilities Airstrip&Specialised
Munitions Storage Facility Munitions Storage
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Description Abbreviation
Other Community service facilities
Public Conveniences Public Conveniences
(Unspecified) – Public, Education and Health Improved Public,Ed,Health Imp
(Unspecified) – Public, Education and Health vacant Public,Ed,Health Vac
Animal Shelter Animal Shelter
Sport, Heritage and Culture
Vacant Land
Vacant Site - Sporting Use Vac Site – Sporting
Vacant Site - Heritage Application Vac Site – Heritage
Vacant Site - Cultural Use Vac Site – Cultural
State/Regional Sports Complex
Major Sports Complex MajorSportsComplex
Major Indoor Sports Complex Major Indoor Sports
Outdoor/Indoor Sports Complex - non major OutdoorSport Complex
Outdoor Sports - Extended Areas/Cross Country OutdoorSportCountry
Aquatic Complex Aquatic Complex
Water Sports – Outdoor WaterSport–Outdoor
Motor Racing Tracks/Speedways Motor Racing Tracks
Racecourse/Tracks Racecourse/Tracks
Ski Fields Ski Fields - Comm
Local Sporting Facilities
Indoor Sports Centre
Indoor Sports Centre (Unspecified) IndoorSportCent Unsp
Squash Courts Squash Courts
Gymnasium/Health Club Gymnasium/Health
Indoor Sports Complex Indoor Sport Complex
Bowling Alley Bowling Alley
Outdoor Sports Grounds town or suburban facilities
Outdoor Sports Grounds town or suburban facilities (Unspecified) OutdoorSportGrndUnsp
Tennis Club Tennis Club
Bowling Club Bowling Club
Outdoor Park and Facilities Outdoor Park and Fac
Outdoor Sports – Extended Areas/Cross Country Outdoor–CrossCountry
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Description Abbreviation
Swimming Pools/Aquatic Centres SwimmingPool/Aqua
Water Sports – Outdoor WaterSport–Outdoor
Motor Race Tracks/Speedways Motor Race Speedway
Aero Club Facility Aero Club Facility
Ski Fields Ski Fields
Equestrian Centre Equestrian Centre
Bike Track/Walking Trails Bike Tk/Walking Tk
National/State Cultural Heritage Centres
Library/Archives National Library
Museum/Art Gallery National Museum
Cultural Heritage Centre National Culture
Wildlife Zoo NationalWildlifeZoo
Aquarium National Aquarium
Botanical Gardens Nat BotanicalGdns
Monument/Memorial Nat Monum/Memorial
Culture, recreation and sport Culture,Rec&Sport
Local Cultural Heritage Sites, Memorials and Monuments
Library/Archives LocalLibrary/Archive
Museum/Art Gallery Local Museum/Gallery
Cultural Heritage Centre Local CulturalCentre
Wildlife Zoo/Park/Aquarium Local Wildlife Zoo
Parks and Gardens Local Parks&Gardens
Monument/Memorial Local Monum/Memorial
Local Recreation – Other
Bathing Boxes Bathing Boxes
Boat Sheds Boat Sheds
National parks, conservation areas, forest reserves and natural water reserves
Reserved Land
Vacant Land (future reserve etc.) VacLnd FutureReserve
Nature Reserve
Nature Reserve Nature Reserve
Wilderness Area
World Heritage Area World Heritage Area
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Description Abbreviation
Local Wilderness Area LocalWilderness Area
National Park (Land and Marine)
National Park - Land National Park – Land
National Park - Marine National Park–Marine
Natural Monument/Feature
Natural Monument - Land Nat Monument–Land
Natural Monument - Marine Nat Monument-Marine
Natural Forests and Forest Reserves
Forest Reserves - Public ForestRes–Public
Forest Reserves - Private Forest Res–Private
Conservation Area
Conservation Area - Public Conservation–Public
Conservation Area - Private Conservation–Private
Protected Landscape/Seascape
Protected Landscape - Public PrtcLdscapePublic
Protected Landscape - Private PrtcLdscapePrivate
Protected Seascape - Public PrtcSeascapePublic
Protected Landscape - Private PrtcSeascapePrivate
Wetlands
River Reserve (fresh water) RiverRes(freshWater)
Creek Reserve (fresh water) CreekRes(freshWater)
River Reserve (salt water) RiverRes (saltWater)
Creek Reserve (salt water) CreekRes (saltWater)
Floodway Reserve Floodway Reserve
Fresh Water Lake Reserve Fresh Water Lake Res
Salt Water Lake Reserve Salt Water Lake Res
Inland Low Lying Tidal Estuary Wetlands Reserve InlandTidal Wetlands
Seabed - Open Sea/Ocean/Bays Seabed–OpenSea/Ocean
Game/Fauna Reserves
Game Reserve – Public Game Res – Public
Game Reserve – Private Game Res – Private
A Guide to Property Values 2019 | Page 29
BAYSIDE
MARIBYRNONGYARRA
GLEN EIRA
GREATER GEELONG
QUEENSCLIFFE
MORELAND
MOONEEVALLEY
PORT PHILLIP
MOORABOOLMELTON
MORNINGTON PENINSULA
NILLUMBIK
GREATERDANDENONG
BRIMBANK
STONNINGTON
DAREBIN
BOROONDARA
KINGSTON
KNOX
HOBSONS BAY
CARDINIA
YARRA RANGES
WHITTLESEAHUME
MELBOURNE
WHITEHORSE
MAROONDAH
MANNINGHAM
CASEY
FRANKSTON
WYNDHAM MONASH
BANYULE
MUNICIPAL VICTORIALOCAL GOVERNMENT BOUNDARIES
JUNE 2013
QUEENSCLIFFE
MORNINGTON PENINSULA
SURF
COAST
MELTON
GOLDEN PLAINS
COLAC
OTWAY
HUME
CARDINIA
MOORABOOL
WODONGA
WARRNAMBOOL
YARRIAMBIACK
GREATER BENDIGO
MOUNT
ALEXANDER
WANGARATTA
INDIGO
BENALLA
CENTRAL
GOLDFIELDS
MACEDON
RANGES
CORANGAMITE
PYRENEES
BALLARAT
YARRA RANGES
ALPINEWEST WIMMERA
GREATER
SHEPPARTON
WELLINGTON
MANSFIELD
NORTHERN
GRAMPIANSHORSHAM
BULOKE
SWAN HILL
STRATHBOGIE
SOUTHERN
GRAMPIANS
EAST GIPPSLAND
BASS
COAST SOUTH
GIPPSLAND
ARARAT
LODDON
GLENELG
MOYNE
HINDMARSH
BAW BAW
CAMPASPE
GANNAWARRA
LATROBE
MILDURA
MITCHELL
MURRINDINDIHEPBURN
MOIRA
TOWONG
MUNICIPAL VICTORIA
LOCAL GOVERNMENT BOUNDARIES
JUNE 2013
Residential price statistics 1989 to 2020
Victoria
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
141,429 63,611 105,000 141,467 27,182 40,000 49,052 1989 18,280 117,000
140,293 53,313 109,000 132,423 18,556 42,000 48,005 1990 17,348 118,500
134,872 53,917 104,000 124,616 17,392 40,000 45,579 1991 15,992 115,000
132,480 57,326 105,000 127,752 19,560 40,000 46,065 1992 17,535 113,000
133,684 61,337 105,000 130,809 20,746 42,000 48,646 1993 20,596 113,500
140,463 64,957 110,000 137,521 21,020 44,000 52,304 1994 23,402 116,000
140,592 60,633 110,000 136,443 17,153 46,000 59,126 1995 19,316 115,000
143,146 63,361 110,000 139,711 16,094 46,000 55,970 1996 22,360 117,250
158,429 76,577 122,000 153,420 22,094 50,000 61,668 1997 30,707 125,000
169,562 72,860 134,000 165,846 22,268 53,000 64,068 1998 28,919 133,500
191,224 77,208 160,000 199,725 28,011 57,500 66,880 1999 33,883 148,975
203,712 81,148 175,000 216,690 22,270 57,910 62,647 2000 33,814 160,000
234,959 94,481 215,000 253,942 35,458 65,858 73,068 2001 41,836 185,000
270,850 90,884 243,000 284,615 34,151 77,000 83,061 2002 37,142 220,000
308,349 88,777 256,000 302,410 34,389 99,000 107,294 2003 35,302 250,000
328,180 78,346 260,750 308,211 21,932 114,675 119,638 2004 30,365 270,000
348,451 81,023 272,000 320,745 21,281 121,000 126,758 2005 33,423 280,000
381,687 78,147 290,000 351,380 22,426 126,500 136,068 2006 35,197 300,000
433,341 92,768 325,000 392,755 28,563 135,000 142,950 2007 47,412 322,800
436,677 73,512 340,000 390,383 22,786 142,000 147,311 2008 36,310 335,000
460,167 84,823 365,000 414,801 32,890 153,000 156,168 2009 46,568 360,200
540,129 78,056 428,100 485,555 30,210 173,000 180,550 2010 44,912 420,000
537,752 69,606 425,000 481,559 21,064 181,000 192,106 2011 38,792 420,000
525,674 67,891 417,000 468,501 17,699 181,000 190,415 2012 38,498 415,000
566,890 77,895 441,000 497,984 21,179 186,000 198,024 2013 47,354 435,000
618,168 83,868 465,000 521,260 24,560 190,000 203,787 2014 55,578 465,000
685,558 91,172 490,000 559,243 29,103 202,500 216,031 2015 57,768 500,000
713,419 87,614 490,000 580,298 35,616 214,000 224,712 2016 49,763 526,190
779,378 90,630 520,000 612,631 40,766 239,900 252,122 2017 48,677 595,500
779,842 78,417 520,000 597,458 25,291 255,000 269,026 2018 36,153 610,000
764,663 74,238 530,000 605,598 14,696 255,000 276,419 2019 31,773 609,000
685,813 12,193 515,000 587,057 2,750 265,000 277,825 2020 5,421 572,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 32
VICTORIA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
111.79Adv Sign Bridge Fix 111.79 246.00246.001 27500 27500 ND ND
NAApartment Hotel Comp NA NANA1 1490790 1490790 ND 392.31<
108.91Bed and Breakfast 108.91 10100.0010100.001 1100000 1100000 234.04< 134.31<
NABottle Shop/Licensed NA NANA1 650000 650000 41.80< 44.83<
1517.71Brothel 1517.71 593.00593.001 900000 900000 6.05< 112.50<
1073.33Café 1304.96 845.50845.503 611666 615000 81.46< 82.11<
611.58CarPark – OpenAir 565.83 354.00354.002 216500 216500 1.45< 3.25<
62.67CarPark – UnderCover 62.67 4353.004353.003 205700 272800 129.90< 1091.20<
4494.37Com Land (Struct 0) 926.32 479.80475.006 1882833 743500 43.74< 95.20<
2376.27Convenience/FastFood 2376.27 2360.002360.001 5608000 5608000 134.65< 1088.93<
96.25Dev Site 531.52 25167.951618.00149 2268473 831076 162.64< 160.89<
63.47Display Yard 63.47 7090.007090.001 450000 450000 51.43< 50.00<
996.78Fuel Outlet/Garage 1911.90 3548.102050.0049 3584910 3193000 224.07< 188.66<
1187.46Ground Level Parking 1187.46 1499.001499.001 1780000 1780000 182.56< 49.04<
991.25Health Clinic Unsp 1559.67 1759.90765.50102 1838688 884000 81.85< 96.09<
932.23Health Surgery 1449.19 1062.15707.5023 944715 800000 69.57< 139.13<
NAHoliday Units NA NANA1 58000 58000 50.43< 25.38<
347.81Hotel 696.86 1773.001435.003 616666 450000 36.61< 34.09<
317.62Hotel/Motel Unsp 300.00 4864.073000.0056 5294174 762500 84.72< 106.64<
8.31Indiv CarPark Unspe 9.44 4377.004377.0031 60682 50000 117.65< 126.58<
29.20Kiosk 29.20 1233.001233.001 36000 36000 0.26< 81.61<
19315.79Licensed Restaurant 19315.79 380.00380.001 7340000 7340000 2718.52< 284.50<
1122.52Live Ent-Major Multi 5663.11 4797.253531.004 5385000 6310000 100.96< 260.74<
10421.69LowRise Office Build 31411.09 1397.63543.509 13326104 5700000 87.49< 141.09<
1911.10Medical/Surgery 1911.10 548.00548.001 1047283 1047283 125.62< 119.01<
8.15Mixed Use Office 8.15 21735.0021735.002 348550 348550 87.14< 41.49<
886.08Mixed Use Shop 2534.56 2022.40217.007 1414285 550000 56.22< 78.57<
597.37Mixed Use Unspec 20411.39 3358.44606.00458 2085440 825000 123.46< 141.54<
284.34Motel 964.63 5708.004665.005 1623000 945000 76.56< 91.75<
676.81Multi Use FuelOutlet 591.00 1293.751139.508 875625 787500 19.69< 13.94<
26032.90Multi-Lvl Offic Unsp 12382.30 1657.001217.508 39540337 38300000 2605.44< 346.61<
NAMulti-storey CarPark NA NANA3 38325000 12000000 13.78< 40.00<
2926.52Nat Co Bulky Goods 2926.52 12643.0012643.001 37000000 37000000 2387.10< 424.31<
2720.17National Co Ret Unsp 4137.17 3219.832744.006 8758500 1623000 77.29< 30.65<
1385.66Office 4 to 50 Lvls 1385.66 13416.0013416.001 18590000 18590000 30.23< 167.52<
NAOffice H/R 50+ Lvls NA NANA1 99000000 99000000 89.11< 92.52<
1226.43Office Premises Uns 339.31 2884.32834.50931 2845354 590000 98.74< 105.78<
4835.96Plant/Tree Nursery 8.58 718.00144450.001 3472222 600000 101.69< 77.17<
674.51Pub/Tavern/Club Unsp 2053.11 2828.661010.00106 1868472 859130 65.38< 59.25<
657.34Res Hotel 793.06 1411.001411.003 818333 600000 18.07< 5.25<
NARes Hotel/Motel Apar NA NANA3 293166 254000 151.64< 22.38<
741.97Restaurant 741.97 903.00903.001 670000 670000 34.81< 31.90<
723.67Retail Mult Occ Unsp 5314.91 5274.75635.50217 3570466 1155000 103.13< 134.30<
613.72Retail Sgle Occ Unsp 1030.03 2229.27411.001226 1454809 710000 97.19< 111.29<
1599.79Retail Store/Showrm 2796.85 1251.001398.004 2626000 2705000 64.98< 240.98<
4.51Serv Apt/Unit Unsp 4.51 199400.00199400.00119 898958 585000 157.05< 205.26<
234.45Serviced Apartments 475.11 3031.921547.00242 676430 577500 82.43< 93.90<
2454.53Shop 1101.32 812.44681.0012 1677020 955000 140.44< 162.41<
1931.82Shop & Dwelling 3441.28 701.00418.0010 1428594 1449226 101.17< 179.36<
1768.63Shop Cnt MajorRegnal 1768.63 34490.0034490.001 61000000 61000000 16.38< ND
1352.46Shopping Centre Unsp 3175.47 11101.423669.5023 16301335 8020000 39.80< 29.70<
NAStrata/Subdiv Office NA NANA13 121788 107000 74.56< 46.42<
4275.21Supermarket 4186.16 1631.501631.502 6975000 6975000 96.51< 135.44<
60.50Timber Yard/Supplies 60.50 1000.001000.001 60500 60500 2.47< 3.44<
113.72Tourist Park/Caravan 18.00 14331.8910000.009 1629844 1100000 126.44< 124.22<
1033.25Vehicle Sales Centre 260.87 4236.682300.0020 4187765 2112030 105.60< 151.13<
772.33Veterinary Clinic 1040.71 1540.14972.0015 1175200 800000 104.58< 108.47<Community Services (SM)($/SM) (SM) ($/SM)
660.00Ambulance Station 660.00 2000.002000.001 1320000 1320000 ND ND
1320.12Child Centre Unsp 1951.22 2036.401763.005 2688300 2775000 73.03< 138.75<
1714.07Day Care Centre 1828.02 1743.801663.005 2989000 3040000 68.43< 159.48<
397.86Fire Station 185.00 1122.671000.003 446666 185000 45.04< 159.41<
136.41Gov School (Unsp) 356.70 37926.6735001.003 5173666 1980000 21.18< 24.57<
301.66Halls&Service Rooms 1104.36 1740.50862.005 426230 85150 9.36< 7.69<
169.25NonGov School Unsp 171.61 43871.0043871.002 7425000 7425000 409.09< 160.54<
124.90Place of Worship 729.22 11256.152916.5021 1351111 1100000 162.96< 357.14<
1714.07Private Hospital 2306.12 20285.0014949.005 34769821 32790357 409.88< ND
114.00School Camps 114.00 10000.0010000.001 1140000 1140000 ND 167.09<
34.25Technical&Further Ed 459.11 51309.5051309.502 1757250 1757250 ND 344.22<
19.57Vac Com Service Site 19.57 107300.00107300.001 2100000 2100000 ND 131.25<
474.53Vac Edu & Res Site 4593.66 18081.0018081.002 8580000 8580000 202.60< 144.44<
NAVac Gov Admin Site NA NANA1 1440000 1440000 8727.27< 5236.36<
1038.45Vac Health Ser Site 1353.02 15995.0015995.002 16610000 16610000 122.41< 7382.22<
319.00Vac Religious Site 319.00 1000.001000.001 319000 319000 ND 14.77<Extractive Industry (SM)($/SM) (SM) ($/SM)
1.64Quarry Soil 1.64 330435.00330435.001 541125 541125 ND ND
1.24Quarry Gravel/Stone 0.68 298805.67265400.004 453750 460000 2.70< 16.64<
261.52Quarry Manufact Mat 261.52 745.00745.001 194831 194831 ND 33.59<
A Guide to Property Values 2019 | Page 33
VICTORIA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Industrial (SM)($/SM) (SM) ($/SM)
61.63Bulk Grain (Stuct) 61.63 5679.005679.001 350000 350000 227.27< 244.76<
115.36Coolstore/Coldstore 151.73 22104.2522550.004 2549972 2424944 303.12< 173.21<
NAFactory NA NANA4 561126 564802 156.89< 157.44<
198.95Factory Unit 810.40 2033.33327.0015 369443 346500 80.39< 78.75<
489.50Factory Unsp 974.18 2769.42654.501259 1188806 566000 102.91< 112.84<
508.33Food ProcessingUnsp 2661.56 8832.922275.0031 4004340 1610000 42.37< 357.78<
1170.12Garage/Motor Vehicle 2224.65 1377.00650.005 1319800 1350000 352.94< 180.00<
155.40Ind Dev Site 234.18 8918.502228.50462 1520942 473000 96.09< 96.63<
239.47Ind Land Building $0 457.64 10240.132325.009 2485255 404800 15.01< 48.38<
655.44Major Ind Complex 702.03 26080.2522510.504 17093950 15937900 103.75< 62.26<
426.77Office/Factory 1410.16 5510.864113.008 2152405 1065000 54.42< 93.63<
154.43OpenStorageUnspec 1449.28 7759.136762.0018 1064641 255000 43.74< 63.93<
12.46Sawmill 12.46 140400.00140400.001 1750000 1750000 457.52< 551.18<
34.88Vac Englobo Land 49.68 213308.00213308.002 7440762 7440762 193.39< 681.54<
1428.33Warehouse 4128.66 729.00729.002 1041250 1041250 148.75< 118.80<
179.53Warehouse Store 785.81 4891.004891.002 878075 878075 416.94< 602.45<
435.79Warehouse Unspec 951.60 4747.961011.50941 1936226 675000 113.64< 111.57<
300.45Warehouse/Factory 686.48 8916.252122.509 2422851 466000 39.49< 100.87<
477.16Warehouse/Office 980.10 11929.0010050.005 5692100 7315000 547.10< 519.53<
1071.04Warehouse/Showroom 1266.27 11374.5011374.502 12182500 12182500 686.34< 963.04<
53.85Works Depot 53.85 286000.00286000.001 15400000 15400000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
3.42Closed Roads 376.10 6483.3241.5035 20005 9504 75.39< 105.60<
64.29Freeways 64.29 6066.006066.002 595000 595000 ND ND
4047.62Main Highways 4047.62 168.00168.001 680000 680000 ND ND
4069.77Port Dock/Berth 4069.77 43.0043.001 175000 175000 ND 102.94<
733.80ReservedRoads 733.80 46.0046.002 19627 19627 211.48< 218.08<
1128.21Unsp–TranspStorUtil 1128.21 39.0039.001 44000 44000 ND 21.73<
20.34Utilities Vac Land 28.25 20949.0020949.004 274412 196394 6.90< 83.22<
22.43WaterStorageDamRes 22.43 28300.0028300.001 634700 634700 ND NDNational Parks, etc (SM)($/SM) (SM) ($/SM)
0.16Conservation–Private 0.16 630300.00630300.001 100000 100000 116.28< 267.86<
64.59Nature Reserve 64.59 3716.003716.001 240000 240000 1054.95< 100.21<
3915.56VacLnd FutureReserve 3915.56 604.00604.001 2365000 2365000 1000.00< 6015.82<Primary Production (SM)($/SM) (SM) ($/SM)
0.62Cattle Feed Lot 0.55 961879.77365600.0013 596015 502200 134.82< 100.44<
6.97Com Flower&Plant 6.97 157800.00157800.001 1100000 1100000 ND 122.22<
1.26DomsticLivestockGraz 6.02 605964.74377900.00692 766373 479742 106.52< 116.30<
0.77GenCrop >20ha Unspec 6.16 1243232.98772100.00593 943230 576000 115.66< 134.89<
0.57Hardwood Plantation 0.57 1084900.001084900.002 614000 614000 91.64< 341.11<
11.65Horse Unspecified 2.54 302451.50305700.0012 3523411 1040000 113.97< 104.00<
5.30Kennel/Cattery 68.68 132138.50132138.502 700000 700000 89.74< 81.87<
1.55Livestock – Beef 1.60 638247.71456000.00446 1050138 746500 115.74< 143.56<
1.78Livestock – Dairy 2.38 762453.79558450.00259 1380570 850000 131.42< 149.78<
1.22Livestock – Sheep 0.09 855482.40526300.00206 1037581 642330 113.69< 194.65<
5.92MarketGardenVeg <20h 23.75 161141.5099050.0012 953500 702500 80.29< 64.24<
2.37MixedFarm + infrast 1.59 500009.08301900.0066 1240405 710000 96.60< 103.27<
1.28MixedFarm no infrast 1.23 576690.83408000.0023 736011 500000 140.85< 142.86<
1.14MixedFarm&GrazUnsp 1.72 833749.02409640.00487 960117 550000 98.21< 110.00<
0.22Native Bshland 0.18 817007.67813946.506 177500 170000 68.00< 109.68<
0.54Native Hardwood 0.73 471587.50367000.008 255000 162500 145.09< 69.15<
7.65Orchard Plantations 6.00 183693.6596600.0017 1404588 430000 81.74< 95.56<
8.90Piggery 8.81 246900.00246900.002 2196500 2196500 91.71< 355.33<
3.69Plant/Tree Nursery 8.58 352537.16144450.0020 1248725 600000 101.69< 77.17<
18.90Poultry broiler 170.75 421666.80167500.005 7970000 1850000 34.84< 173.71<
29.41Poultry egg 29.41 40800.0040800.001 1200000 1200000 77.42< ND
0.40Softwood Plantation 0.40 1276752.22557700.009 509105 250000 154.32< 113.68<
1.18Specialised Cropping 1.17 1040100.001040100.002 1225000 1225000 260.64< 267.76<
2.88Vineyard 2.92 312650.7899300.0090 938672 512500 99.13< 116.48<
A Guide to Property Values 2019 | Page 34
VICTORIA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Residential (SM)($/SM) (SM) ($/SM)
1381.07Age Care/Nursing Uns 894.75 5261.004247.008 6398521 5675000 116.65< 102.67<
NACabin/Accommodation NA NANA1 280000 280000 10.64< 121.21<
NACojoin Strata Unsp NA NANA212 679939 629000 106.43< 125.80<
NACommon Land Unit Dev NA NANA1 22000 22000 1.61< 3.11<
NAConjoined StrataUnit NA NANA23 549391 433000 87.30< 111.03<
476.19Detached Home (Ind) 476.19 777.00777.002 392837 392837 42.63< 103.38<
960.65Detached Home (New) 761.20 580.35536.5033 633842 580000 99.23< 126.09<
1081.31Detached Home Unsp 1079.37 705.17630.0073270 764492 609261 99.88< 114.63<
458.88Detached Home(Comm) 467.54 1605.001605.002 736500 736500 300.61< 179.63<
381.58Detached Home(exist) 251.84 1642.54814.00221 626858 495000 80.49< 104.87<
NADormitory Accom NA NANA1 330000 330000 226.03< 15.27<
5491.26Half Pair or Duplex 6307.69 209.67195.0011 809218 739000 91.29< 87.30<
3315.79Individual Berth 3103.45 59.7158.0011 362954 189000 100.80< 121.94<
NAIndividual Car Park NA NANA692 368297 272000 572.63< 640.00<
NAIndividual Flat NA NANA3 462666 385000 41.18< 83.33<
4.30MisImpRuralLand Unsp 2.51 78269.2767600.0015 336930 160000 80.00< 93.73<
NAOYO Co Share Unit NA NANA44 899986 662500 64.63< ND
NAOYO Strata Flat NA NANA24 823520 632500 145.40< 139.01<
NAOYO Stratum Flat NA NANA3 473333 325000 62.26< 69.89<
NAOYO Stratum Unit NA NANA1 924000 924000 ND ND
NAOYO Sub Dwelling NA NANA70 684654 602500 79.22< 82.53<
NAOYO Sub Unit NA NANA48 642979 530000 113.37< 117.78<
NAOYO Subdivided Flat NA NANA26 695038 427500 88.42< 82.41<
NAOYO Unit NA NANA5 652500 475000 50.37< 57.58<
NARes Co Sh Unit HR NA NANA3 600266 565000 138.31< 146.56<
NARes Co Sh Unit Unsp NA NANA5 923800 640000 101.75< 120.53<
732.40Res Dev Site 2190.58 1997.58913.0089 1451589 1000000 236.18< 116.62<
273.68Res Investment Flat 273.68 2302.002302.0026 1444734 1170000 137.65< 181.11<
843.99Res Land (WithBuild) 600.04 1112.23797.5028 914470 823500 234.28< 105.24<
18.56Res/Rural Lstyle 92.58 42826.7416740.005603 794909 630000 103.28< 115.60<
366.97ResLandWithImprovemt 711.35 2108.502108.502 773750 773750 1067.24< 2009.74<
247.39Retire Village Compl 377.42 36380.5036380.502 9000000 9000000 302.93< 68.18<
NARetire Village Unit NA NANA267 458107 440000 111.39< 131.93<
2219.10Row House 2219.10 178.00178.001 395000 395000 50.97< 58.78<
3978.72Semi-detached 2748.28 309.33255.008 1136812 928750 90.61< 175.24<
2726.59Semi-detached Unspec 6464.10 321.65195.00696 822313 646000 89.97< 86.13<
2811.83Sep House&Curtilage 2250.00 1683.602000.006 4028333 2570000 150.07< 163.64<
2.34Shack/Hut/Donga 2.34 70000.0070000.001 164000 164000 87.23< 144.49<
899.27Short Term Hol Accom 715.36 1095.33664.006 2635546 1282500 255.22< 311.85<
NASingle Strata Unit NA NANA327 590824 530000 130.38< 155.88<
NASingle Strata Unsp NA NANA16651 589550 530000 104.95< 110.88<
20.35Storage Area Res 20.22 1265.501265.5019 16452 6000 54.55< 45.45<
16.42Storage Area Rural 16.42 1006.001006.001 16519 16519 150.17< 5.90<
NAStrata Dwelling NA NANA45 792617 623000 96.89< 118.89<
144.60Strata Unit/Flat Uns 144.60 4426.004426.0013430 617927 529000 97.06< 102.72<
67.33Sub Div (EnGlobo) 26.25 90604.33120000.006 6100276 4400000 59.20< 157.14<
283.39Sub Div (Multi Lot) 334.32 7192.007192.002 2038151 2038151 108.04< 174.33<
2473.48Terrace House 3368.24 398.00398.004 1642709 1175419 68.34< 86.11<
NATownhouse NA NANA499 759037 670000 106.35< 144.09<
482.12Vac Res A 758.50 575.97512.0014116 276872 258200 100.51< 120.15<
107.33Vac Res B 78.83 2472.792219.50580 265405 185000 97.37< 97.37<
32.23Vac Res Englobo Oth 111.59 281847.2642143.0049 8838771 2200000 42.11< 68.32<
10.00Vac Res Rural Lstyle 12.14 35864.7716480.001805 360282 205000 93.18< 107.89<
NAVilla Unit NA NANA58 512732 480000 95.81< 120.00<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
429.65IndoorSportCent Unsp 1353.38 3378.571064.008 1530256 1760400 18.73< 133.36<
9.08Outdoor–CrossCountry 9.08 450600.00450600.001 4092000 4092000 ND ND
1261.34OutdoorSportGrndUnsp 2488.94 15388.0016810.504 19409500 17817500 ND 1399.43<
212.40Vac Site – Sporting 89.31 35408.2527639.504 7520625 3088250 23.57< 719.87<
Municipality totals Commercial Total Prices 3,911 $9,114,686,184 Commercial Total
Community Services Total Prices 60 $324,664,609 Community Services Total
Residential Total Prices 129,062 $86,183,170,941 Residential Total
Extractive Industry Total Prices 6 $2,550,956 Extractive Industry Total
Infrastruc&Utilities Total Prices 47 $4,560,792 Infrastruc&Utilities Total
National Parks, etc Total Prices 3 $2,705,000 National Parks, etc Total
Sport/Hrtge/Cultural Total Prices 17 $124,054,554 Sport/Hrtge/Cultural Total
Industrial Total Prices 2,785 $4,408,068,721 Industrial Total
Primary Production Total Prices 2,974 $2,949,821,429 Primary Production Total
All Sales Total 138,865 All Sales Total $103,114,283,186
A Guide to Property Values 2019 | Page 35
Residential price statistics 1989 to 2020
Melbourne Metropolitan Area
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
166,282 44,125 112,000 151,424 15,244 50,000 63,494 1989 15,448 132,000
161,623 38,010 115,000 140,105 10,675 50,000 59,759 1990 14,791 130,000
152,790 39,340 109,000 130,536 11,364 45,000 52,915 1991 13,723 126,000
150,089 41,211 110,000 133,910 12,924 45,000 52,976 1992 15,130 125,000
150,787 44,033 110,175 136,955 13,539 48,000 56,262 1993 18,010 125,000
158,943 47,021 115,000 143,916 13,663 51,750 61,648 1994 20,649 129,000
158,147 44,190 115,000 142,420 11,327 54,000 69,228 1995 17,116 127,225
161,100 46,576 115,000 144,430 10,859 55,000 63,954 1996 20,079 130,000
178,862 57,409 127,500 159,943 15,691 58,000 70,167 1997 27,873 140,000
194,256 53,695 140,000 173,871 15,568 60,000 74,124 1998 26,020 152,000
220,985 56,654 169,500 209,400 20,477 64,000 76,122 1999 30,745 171,000
240,713 57,236 187,000 228,969 15,155 65,000 72,304 2000 30,126 188,000
277,949 66,689 230,000 270,464 23,542 73,500 85,044 2001 37,100 220,500
320,055 62,933 260,000 304,981 21,446 89,000 98,742 2002 32,435 259,000
361,588 61,368 272,000 320,850 22,177 117,000 126,084 2003 30,650 291,500
381,610 53,796 275,000 324,949 12,998 135,000 144,947 2004 26,103 308,869
399,924 56,845 285,000 335,811 13,332 137,000 146,848 2005 29,137 320,000
439,664 55,170 305,000 368,461 14,768 139,000 153,139 2006 30,862 345,000
503,394 66,460 340,000 411,139 20,424 143,900 155,663 2007 42,263 372,000
510,269 52,126 355,000 410,014 16,159 152,000 162,374 2008 32,104 385,000
540,095 60,065 385,000 437,835 22,634 166,000 174,775 2009 41,048 418,250
636,432 55,454 449,000 511,324 19,562 190,000 206,159 2010 40,138 495,300
633,444 48,929 445,000 506,051 12,327 210,753 227,249 2011 34,549 493,000
618,259 47,568 435,500 493,836 10,219 210,000 226,859 2012 34,258 485,000
668,717 55,219 460,000 521,119 13,509 207,900 227,335 2013 42,982 520,000
726,534 60,823 481,200 542,087 16,198 210,000 232,797 2014 51,181 556,000
811,838 66,562 507,500 582,038 20,566 219,900 240,943 2015 53,332 600,000
861,191 61,874 512,500 607,977 26,053 229,000 245,447 2016 45,270 641,000
954,658 62,780 545,000 645,429 26,610 271,000 289,739 2017 43,667 720,000
979,776 50,944 554,000 638,451 13,323 315,400 340,860 2018 31,411 742,500
931,269 49,777 565,000 644,644 7,183 319,500 363,988 2019 27,690 720,000
864,081 7,221 555,000 631,612 1,358 322,900 353,197 2020 4,605 680,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 36
MELBOURNE METROPOLITAN AREA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
111.79Adv Sign Bridge Fix 111.79 246.00246.001 27500 27500 ND ND
NAApartment Hotel Comp NA NANA1 1490790 1490790 ND ND
1517.71Brothel 1517.71 593.00593.001 900000 900000 6.05< 112.50<
901.58Café 901.58 1331.001331.001 1200000 1200000 132.60< 126.32<
481.48CarPark – OpenAir 481.48 162.00162.001 78000 78000 0.52< 1.17<
62.67CarPark – UnderCover 62.67 4353.004353.003 205700 272800 129.90< 1091.20<
5375.26Com Land (Struct 0) 2884.58 481.00461.504 2585500 1253500 54.50< 26.94<
2376.27Convenience/FastFood 2376.27 2360.002360.001 5608000 5608000 ND 593.44<
210.41Dev Site 4724.14 16251.321483.0090 3040088 895905 97.64< 124.43<
1263.83Fuel Outlet/Garage 2251.84 3914.222176.0027 4946922 4900000 111.36< 141.21<
988.13Health Clinic Unsp 1392.93 2087.66920.0076 2113868 1000000 74.52< 93.24<
1005.31Health Surgery 1625.00 1294.45660.0014 1159975 1086250 84.37< 135.78<
540.70Hotel/Motel Unsp 675.30 7610.502211.0013 20249230 2980000 410.19< 364.53<
8.31Indiv CarPark Unspe 9.44 4377.004377.0031 60682 50000 117.65< 126.58<
29.20Kiosk 29.20 1233.001233.001 36000 36000 0.26< 81.61<
19315.79Licensed Restaurant 19315.79 380.00380.001 7340000 7340000 ND 201.46<
1122.52Live Ent-Major Multi 5663.11 4797.253531.004 5385000 6310000 100.96< ND
10421.69LowRise Office Build 31411.09 1397.63543.509 13326104 5700000 84.76< 120.51<
1911.10Medical/Surgery 1911.10 548.00548.001 1047283 1047283 125.62< 88.57<
8.15Mixed Use Office 8.15 21735.0021735.002 348550 348550 83.99< 40.11<
886.08Mixed Use Shop 2534.56 2022.40217.007 1414285 550000 49.26< 78.57<
805.34Mixed Use Unspec 1589.77 3110.66552.00333 2591726 985000 105.35< 131.68<
752.48Multi Use FuelOutlet 1053.78 1845.001376.003 1388333 1375000 22.92< 23.58<
26032.90Multi-Lvl Offic Unsp 12382.30 1657.001217.508 39540337 38300000 2605.44< 279.56<
NAMulti-storey CarPark NA NANA3 38325000 12000000 24.07< 40.00<
2926.52Nat Co Bulky Goods 2926.52 12643.0012643.001 37000000 37000000 ND 123.37<
3864.63National Co Ret Unsp 4137.17 3189.502744.004 12326250 12062500 199.38< 120.62<
1385.66Office 4 to 50 Lvls 1385.66 13416.0013416.001 18590000 18590000 30.23< 167.52<
NAOffice H/R 50+ Lvls NA NANA1 99000000 99000000 89.11< 92.52<
1357.35Office Premises Uns 1025.00 3095.611000.00773 3218143 600000 99.17< 100.17<
4835.96Plant/Tree Nursery 21.67 718.0067146.501 3472222 2600000 236.36< 193.31<
1087.76Pub/Tavern/Club Unsp 11536.47 2522.10405.0053 2579807 1500000 59.52< 61.86<
657.34Res Hotel 793.06 1411.001411.003 818333 600000 0.91< 5.25<
NARes Hotel/Motel Apar NA NANA2 380500 380500 ND 29.50<
741.97Restaurant 741.97 903.00903.001 670000 670000 19.07< 26.04<
2008.88Retail Mult Occ Unsp 3257.65 2293.74532.50157 3874928 1350000 94.74< 142.48<
815.58Retail Sgle Occ Unsp 3070.60 2110.31386.00843 1811595 888888 93.57< 108.40<
1599.79Retail Store/Showrm 2796.85 1251.001398.004 2626000 2705000 60.65< 142.95<
NAServ Apt/Unit Unsp NA NANA92 650406 559000 142.46< 198.93<
266.29Serviced Apartments 591.39 2726.381529.50233 687015 590000 84.21< 91.12<
2679.96Shop 4062.11 822.75668.0010 1969125 1202750 164.76< 182.23<
2035.52Shop & Dwelling 1958.14 771.67609.009 1581217 1460000 85.63< 128.63<
1768.63Shop Cnt MajorRegnal 1768.63 34490.0034490.001 61000000 61000000 16.38< ND
813.43Shopping Centre Unsp 219.05 3595.802871.0012 14176227 2385418 17.59< 8.83<
NAStrata/Subdiv Office NA NANA13 121788 107000 74.56< 46.52<
5846.42Supermarket 5846.42 1719.001719.001 10050000 10050000 118.17< 102.81<
1461.63Vehicle Sales Centre 756.71 4342.672595.5013 5903884 3500000 115.38< 233.33<
970.08Veterinary Clinic 1040.71 1977.17972.007 1783285 1210000 84.91< 142.35<Community Services (SM)($/SM) (SM) ($/SM)
660.00Ambulance Station 660.00 2000.002000.001 1320000 1320000 ND ND
1624.05Child Centre Unsp 1766.44 1265.671034.003 2055500 1826500 46.75< 59.44<
1598.82Day Care Centre 1145.96 958.00829.003 1531666 950000 21.38< 49.84<
797.68Fire Station 797.68 1379.001379.001 1100000 1100000 73.66< ND
356.70Gov School (Unsp) 356.70 35001.0035001.001 12485000 12485000 128.61< 79.93<
2465.67Halls&Service Rooms 2690.94 400.50400.502 987500 987500 39.50< 58.09<
165.16NonGov School Unsp 165.16 59942.0059942.001 9900000 9900000 28.18< 73.38<
195.51Place of Worship 807.65 11613.734024.0011 2270636 1500000 40.11< 118.58<
1611.72Private Hospital 2642.62 21619.0020519.504 34843721 25745178 321.81< ND
891.73Technical&Further Ed 891.73 919.00919.001 819500 819500 ND ND
19.57Vac Com Service Site 19.57 107300.00107300.001 2100000 2100000 ND 148.41<
474.53Vac Edu & Res Site 4593.66 18081.0018081.002 8580000 8580000 144.44< 144.44<
2612.50Vac Health Ser Site 2612.50 12000.0012000.001 31350000 31350000 115.56< 13933.33<
319.00Vac Religious Site 319.00 1000.001000.001 319000 319000 ND 14.77<
A Guide to Property Values 2019 | Page 37
MELBOURNE METROPOLITAN AREA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Industrial (SM)($/SM) (SM) ($/SM)
135.73Coolstore/Coldstore 482.52 19708.5019708.502 2675000 2675000 107.86< 69.48<
NAFactory NA NANA3 689835 699105 181.59< 205.62<
197.31Factory Unit 1076.19 2160.88279.0014 379403 350750 73.07< 77.27<
572.62Factory Unsp 1691.58 2646.97582.001070 1289341 595875 104.36< 108.34<
1101.74Food ProcessingUnsp 1785.60 5996.692027.0020 5510127 2267500 39.78< 52.73<
1170.12Garage/Motor Vehicle 2224.65 1377.00650.004 1611250 1500000 135.14< 101.81<
301.34Ind Dev Site 187.61 6833.351871.00239 2354986 863500 104.67< 138.16<
250.25Ind Land Building $0 633.70 12843.831865.507 3147828 500000 16.18< 52.77<
655.44Major Ind Complex 702.03 26080.2522510.504 17093950 15937900 81.94< 62.26<
426.77Office/Factory 1410.16 5510.864113.008 2152405 1065000 54.42< 90.91<
159.39OpenStorageUnspec 55.01 8522.779090.0016 1178096 300500 32.20< 90.03<
12.46Sawmill 12.46 140400.00140400.001 1750000 1750000 ND ND
34.88Vac Englobo Land 49.68 213308.00213308.002 7440762 7440762 193.39< 623.44<
1428.33Warehouse 4128.66 729.00729.002 1041250 1041250 132.21< 111.36<
179.53Warehouse Store 785.81 4891.004891.002 878075 878075 418.13< 602.45<
554.50Warehouse Unspec 1194.44 4591.09900.00707 2333256 860000 125.13< 132.31<
516.07Warehouse/Factory 391.21 5835.571342.008 2681957 493000 44.82< 106.94<
477.16Warehouse/Office 980.10 11929.0010050.005 5692100 7315000 541.85< 475.00<
1071.04Warehouse/Showroom 1266.27 11374.5011374.502 12182500 12182500 761.41< 839.02<
53.85Works Depot 53.85 286000.00286000.001 15400000 15400000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
243.55Closed Roads 1305.98 111.5535.0028 24138 10082 72.53< 112.02<
64.29Freeways 64.29 6066.006066.002 595000 595000 ND ND
4047.62Main Highways 4047.62 168.00168.001 680000 680000 ND ND
4069.77Port Dock/Berth 4069.77 43.0043.001 175000 175000 ND 102.94<
733.80ReservedRoads 733.80 46.0046.001 33755 33755 363.70< 375.06<
1128.21Unsp–TranspStorUtil 1128.21 39.0039.001 44000 44000 ND 488.89<
18.47Utilities Vac Land 18.47 37900.0037900.001 700000 700000 12.73< 291.67<National Parks, etc (SM)($/SM) (SM) ($/SM)
3915.56VacLnd FutureReserve 3915.56 604.00604.001 2365000 2365000 1000.00< 614.29<Primary Production (SM)($/SM) (SM) ($/SM)
2.11DomsticLivestockGraz 1.95 794211.71410000.0033 1661401 1100000 63.77< 40.74<
13.78GenCrop >20ha Unspec 49.34 148971.29104386.007 2052657 1250000 58.82< 104.17<
42.66Horse Unspecified 33.11 309100.00309100.002 13187500 13187500 523.83< 728.09<
5.27Livestock – Beef 3.78 392261.86339000.0024 3083075 2111500 85.31< 84.38<
6.31Livestock – Dairy 7.35 536790.00379050.008 3385855 2980000 ND 183.38<
7.87Livestock – Sheep 9.92 230850.00230850.002 1816000 1816000 118.31< 76.14<
17.92MarketGardenVeg <20h 23.75 86185.0099050.006 1544166 1425000 67.86< 65.16<
16.27MixedFarm + infrast 13.84 180014.75206544.005 3323000 4900000 280.00< 272.22<
9.73MixedFarm&GrazUnsp 6.64 329897.06299438.5033 3136161 1415000 97.25< 119.92<
17.54Orchard Plantations 18.52 195891.00195891.002 3435000 3435000 176.15< 136.31<
27.57Plant/Tree Nursery 21.67 102577.8667146.507 2828214 2600000 236.36< 193.31<
96.72Poultry broiler 22.87 109766.6780900.003 10616666 1850000 21.39< 217.65<
9.92Vineyard 6.58 357807.00317083.004 3550000 3875000 146.23< 151.96<
A Guide to Property Values 2019 | Page 38
MELBOURNE METROPOLITAN AREA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Residential (SM)($/SM) (SM) ($/SM)
1381.07Age Care/Nursing Uns 894.75 5261.004247.008 6398521 5675000 84.75< 102.16<
NACojoin Strata Unsp NA NANA183 714998 645000 104.88< 124.52<
NACommon Land Unit Dev NA NANA1 22000 22000 1.05< 3.11<
NAConjoined StrataUnit NA NANA19 587210 488000 95.69< 122.00<
476.19Detached Home (Ind) 476.19 777.00777.002 392837 392837 42.63< 32.74<
1074.80Detached Home (New) 1333.39 609.83547.0019 646547 580000 95.08< 120.58<
1469.31Detached Home Unsp 878.38 633.49592.0049026 931969 720000 96.64< 110.77<
449.37Detached Home(Comm) 449.37 2370.002370.001 1065000 1065000 ND 49.53<
1058.71Detached Home(exist) 1228.82 911.40533.5093 951462 735000 101.31< 125.64<
NADormitory Accom NA NANA1 330000 330000 226.03< 15.27<
5491.26Half Pair or Duplex 6307.69 209.67195.0010 816140 689500 84.29< 78.35<
3315.79Individual Berth 3103.45 59.7158.0011 362954 189000 94.50< 117.39<
NAIndividual Car Park NA NANA671 373304 287500 638.89< 676.47<
NAIndividual Flat NA NANA3 462666 385000 39.96< 68.14<
21.31MisImpRuralLand Unsp 21.31 110280.00110280.001 2350000 2350000 ND 293.66<
NAOYO Co Share Unit NA NANA44 899986 662500 64.63< ND
NAOYO Strata Flat NA NANA24 823520 632500 144.57< 139.01<
NAOYO Stratum Flat NA NANA2 547500 547500 104.89< 117.74<
NAOYO Stratum Unit NA NANA1 924000 924000 ND ND
NAOYO Sub Dwelling NA NANA56 761192 666444 85.99< 87.98<
NAOYO Sub Unit NA NANA38 754605 649250 135.26< 135.26<
NAOYO Subdivided Flat NA NANA26 695038 427500 88.14< 82.41<
NAOYO Unit NA NANA4 728125 677500 71.85< 80.42<
NARes Co Sh Unit HR NA NANA3 600266 565000 129.29< 146.56<
NARes Co Sh Unit Unsp NA NANA4 1062500 700000 111.29< 131.83<
764.25Res Dev Site 3579.18 2003.58922.0081 1538733 1045000 220.93< 111.76<
273.68Res Investment Flat 273.68 2302.002302.0019 1706000 1220000 66.35< 148.18<
982.84Res Land (WithBuild) 600.04 1119.36797.5024 1058423 1031500 229.22< 128.14<
55.26Res/Rural Lstyle 74.64 25424.559906.001350 1390083 1175000 94.00< 120.98<
1376.60ResLandWithImprovemt 1376.60 1017.001017.001 1400000 1400000 2292.26< 12727.27<
NARetire Village Unit NA NANA239 480061 475000 110.47< 128.38<
2219.10Row House 2219.10 178.00178.001 395000 395000 50.97< 58.78<
3978.72Semi-detached 2748.28 309.33255.007 1234928 977500 87.47< 132.99<
3057.80Semi-detached Unspec 2406.42 301.20187.00622 874314 695000 91.45< 87.42<
2811.83Sep House&Curtilage 2250.00 1683.602000.006 4028333 2570000 150.07< 160.63<
NAShort Term Hol Accom NA NANA2 4652564 4652564 1070.79< 1167.57<
NASingle Strata Unit NA NANA254 661241 593500 145.11< 172.03<
NASingle Strata Unsp NA NANA13844 642006 579000 106.24< 112.76<
20.35Storage Area Res 20.22 1265.501265.5019 16452 6000 54.55< 45.45<
NAStrata Dwelling NA NANA41 835409 637000 99.07< 121.56<
144.60Strata Unit/Flat Uns 144.60 4426.004426.0012412 639319 545000 95.61< 103.51<
66.90Sub Div (EnGlobo) 25.00 108672.40120000.005 7270331 5500000 74.00< 192.98<
283.39Sub Div (Multi Lot) 334.32 7192.007192.002 2038151 2038151 72.79< 77.13<
2473.48Terrace House 3368.24 398.00398.004 1642709 1175419 67.75< 76.33<
NATownhouse NA NANA430 812267 705000 109.94< 141.00<
781.75Vac Res A 782.33 456.92416.007109 359742 318000 100.95< 138.86<
312.27Vac Res B 185.06 2471.822269.5074 771885 550000 92.44< 157.37<
36.10Vac Res Englobo Oth 267.40 489820.5545510.5020 17683079 5912500 89.58< 142.31<
49.25Vac Res Rural Lstyle 61.88 25217.9710100.00179 1225442 745000 106.43< 143.96<
NAVilla Unit NA NANA42 557178 530000 105.79< 132.50<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
395.86IndoorSportCent Unsp 6320.54 6215.00443.004 2365400 2290400 24.37< 69.09<
2141.52OutdoorSportGrndUnsp 3613.73 11220.6711567.003 24029333 30085000 ND 2362.94<
252.21Vac Site – Sporting 177.02 39711.0032779.003 10015500 5802500 22.26< 1518.98<
Municipality totals Commercial Total Prices 2,871 $7,895,922,782 Commercial Total
Community Services Total Prices 33 $253,641,885 Community Services Total
Industrial Total Prices 2,117 $3,958,058,465 Industrial Total
National Parks, etc Total Prices 1 $2,365,000 National Parks, etc Total
Primary Production Total Prices 136 $402,373,325 Primary Production Total
Residential Total Prices 87,038 $69,807,426,136 Residential Total
Infrastruc&Utilities Total Prices 35 $3,498,633 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 10 $111,596,100 Sport/Hrtge/Cultural Total
All Sales Total 92,241 All Sales Total $82,434,882,326
A Guide to Property Values 2019 | Page 39
Residential price statistics 1989 to 2020
Country Victoria
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
85,152 19,486 74,500 87,149 11,938 26,000 30,611 1989 2,832 76,000
87,314 15,303 78,500 87,987 7,881 28,750 32,085 1990 2,557 80,000
86,514 14,577 80,000 88,815 6,028 28,500 31,749 1991 2,269 80,000
87,447 16,115 81,000 89,014 6,636 29,000 32,606 1992 2,405 80,000
90,162 17,304 80,000 88,004 7,207 30,000 34,339 1993 2,586 82,275
92,015 17,936 82,000 89,551 7,357 30,500 34,951 1994 2,753 85,000
93,413 16,443 83,000 89,939 5,826 32,000 39,486 1995 2,200 83,000
93,325 16,785 82,500 98,172 5,235 31,500 39,409 1996 2,281 84,000
97,232 19,168 80,000 89,260 6,403 32,500 40,841 1997 2,834 86,000
100,376 19,165 83,000 93,811 6,700 34,500 40,702 1998 2,899 88,500
109,192 20,554 88,000 104,934 7,534 37,000 41,760 1999 3,138 95,500
115,149 23,912 96,000 116,384 7,115 38,000 42,077 2000 3,688 102,000
131,802 27,792 105,000 124,516 11,916 43,725 49,409 2001 4,736 119,000
160,064 27,951 124,500 144,278 12,705 52,500 56,590 2002 4,707 141,000
189,148 27,409 155,000 180,918 12,212 65,000 73,170 2003 4,652 171,000
211,099 24,550 175,000 205,691 8,934 75,000 82,816 2004 4,262 190,000
227,433 24,178 190,000 218,321 7,949 84,000 93,063 2005 4,286 205,000
242,478 22,977 195,000 229,779 7,658 90,000 103,147 2006 4,335 220,000
256,373 26,308 206,000 241,855 8,139 97,000 111,050 2007 5,149 228,625
257,303 21,386 210,000 240,539 6,627 100,000 110,583 2008 4,206 230,000
266,254 24,758 218,000 243,513 10,256 105,000 115,104 2009 5,520 241,000
303,851 22,602 236,750 268,903 10,648 122,500 133,501 2010 4,774 270,000
311,311 20,677 242,500 282,132 8,737 132,000 142,523 2011 4,243 280,000
308,970 20,323 240,000 263,800 7,480 130,000 140,627 2012 4,240 280,000
318,929 22,676 240,000 270,537 7,670 136,000 146,400 2013 4,372 290,000
332,154 23,045 248,000 278,828 8,362 138,000 147,592 2014 4,397 300,000
344,011 24,610 252,000 285,195 8,537 144,500 156,015 2015 4,436 310,000
358,204 25,740 265,000 301,419 9,563 154,900 168,223 2016 4,493 320,000
384,258 27,850 285,000 326,762 14,156 168,360 181,412 2017 5,010 345,000
409,099 27,473 288,000 325,926 11,968 169,000 189,060 2018 4,742 365,000
425,627 24,461 300,000 340,794 7,513 162,000 192,697 2019 4,083 382,500
426,908 4,972 295,500 335,620 1,392 170,000 204,294 2020 816 380,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 40
COUNTRY VICTORIA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
108.91Bed and Breakfast 108.91 10100.0010100.001 1100000 1100000 234.04< 108.91<
NABottle Shop/Licensed NA NANA1 650000 650000 72.22< ND
1708.33Café 1708.33 360.00360.002 317500 317500 70.56< 96.21<
650.18CarPark – OpenAir 650.18 546.00546.001 355000 355000 ND ND
926.32Com Land (Struct 0) 926.32 475.00475.002 477500 477500 258.11< 170.54<
27.62Dev Site 1515.59 37552.151737.5059 1091434 660000 197.60< 269.39<
63.47Display Yard 63.47 7090.007090.001 450000 450000 51.43< ND
560.06Fuel Outlet/Garage 981.91 3077.381935.0022 1913349 1002500 145.29< 200.50<
1187.46Ground Level Parking 1187.46 1499.001499.001 1780000 1780000 182.56< 50.86<
1005.39Health Clinic Unsp 820.48 1028.77662.0026 1034317 510000 85.36< 87.93<
783.67Health Surgery 735.63 778.22797.009 609866 586300 118.44< 175.01<
NAHoliday Units NA NANA1 58000 58000 66.48< 25.38<
347.81Hotel 696.86 1773.001435.003 616666 450000 36.61< 50.00<
219.59Hotel/Motel Unsp 115.36 4198.273034.0043 772878 748000 83.11< 109.60<
181.40Mixed Use Unspec 1339.75 3994.88673.00125 736695 455000 108.33< 113.75<
284.34Motel 964.63 5708.004665.005 1623000 945000 80.96< 100.27<
589.82Multi Use FuelOutlet 868.18 963.001100.005 568000 510000 25.50< 17.29<
494.74National Co Ret Unsp 1348.36 3280.503280.502 1623000 1623000 90.82< 81.15<
520.67Office Premises Uns 864.04 2108.48570.00158 1021520 550000 103.77< 126.44<
342.08Pub/Tavern/Club Unsp 409.96 3135.211994.0053 1157136 550000 91.27< 63.22<
NARes Hotel/Motel Apar NA NANA1 118500 118500 70.75< 12.09<
150.97Retail Mult Occ Unsp 727.82 12532.87803.0060 2773789 682500 127.27< 186.17<
276.61Retail Sgle Occ Unsp 935.46 2460.92456.00383 669508 395000 112.86< 116.18<
4.51Serv Apt/Unit Unsp 4.51 199400.00199400.0027 1745876 900000 291.50< 285.49<
44.57Serviced Apartments 45.14 9142.679802.009 402388 425000 ND 180.08<
421.92Shop 421.92 730.00730.002 216500 216500 63.77< 48.65<
198.54Shop & Dwelling 198.54 277.00277.001 54995 54995 16.18< 15.87<
1436.56Shopping Centre Unsp 5116.44 16462.574466.0011 18619636 13900000 28.32< 50.89<
2525.91Supermarket 2525.91 1544.001544.001 3900000 3900000 866.67< 1300.00<
60.50Timber Yard/Supplies 60.50 1000.001000.001 60500 60500 6.71< 11.58<
113.72Tourist Park/Caravan 18.00 14331.8910000.009 1629844 1100000 133.66< 127.76<
246.78Vehicle Sales Centre 260.87 4055.002300.007 1000687 640000 60.66< 83.12<
530.47Veterinary Clinic 620.13 1212.38954.508 643125 660000 90.41< 105.60<Community Services (SM)($/SM) (SM) ($/SM)
1139.39Child Centre Unsp 1141.80 3192.503192.502 3637500 3637500 98.31< 554.84<
1770.74Day Care Centre 1778.80 2922.502922.502 5175000 5175000 143.75< ND
120.66Fire Station 120.31 994.50994.502 120000 120000 52.98< 103.40<
38.54Gov School (Unsp) 392.14 39389.5039389.502 1518000 1518000 20.60< 306.67<
20.31Halls&Service Rooms 25.90 3080.503080.503 52050 40000 29.63< 29.09<
178.06NonGov School Unsp 178.06 27800.0027800.001 4950000 4950000 272.73< 375.00<
32.26Place of Worship 50.37 10819.112020.0010 339635 210550 114.43< 259.94<
2306.12Private Hospital 2306.12 14949.0014949.001 34474224 34474224 ND ND
114.00School Camps 114.00 10000.0010000.001 1140000 1140000 ND 167.09<
26.50Technical&Further Ed 26.50 101700.00101700.001 2695000 2695000 ND 527.91<
NAVac Gov Admin Site NA NANA1 1440000 1440000 8727.27< 6713.29<
93.55Vac Health Ser Site 93.55 19990.0019990.001 1870000 1870000 20777.78< NDExtractive Industry (SM)($/SM) (SM) ($/SM)
1.64Quarry Soil 1.64 330435.00330435.001 541125 541125 ND ND
1.24Quarry Gravel/Stone 0.68 298805.67265400.004 453750 460000 ND ND
261.52Quarry Manufact Mat 261.52 745.00745.001 194831 194831 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
61.63Bulk Grain (Stuct) 61.63 5679.005679.001 350000 350000 227.27< 244.76<
98.98Coolstore/Coldstore 160.70 24500.0024500.002 2424944 2424944 475.48< 610.82<
NAFactory NA NANA1 175000 175000 87.50< 38.04<
227.05Factory Unit 227.05 1013.001013.001 230000 230000 95.48< 78.70<
177.89Factory Unsp 21.22 3350.471037.00189 619643 435600 101.30< 123.75<
82.51Food ProcessingUnsp 211.33 13370.907996.0011 1266546 1122010 92.73< 313.85<
NAGarage/Motor Vehicle NA NANA1 154000 154000 75.03< 37.56<
57.63Ind Dev Site 120.81 11210.102612.00223 627056 287350 101.58< 117.41<
68.44Ind Land Building $0 69.85 2429.002429.002 166250 166250 592.37< 53.98<
56.16OpenStorageUnspec 56.84 2795.502795.502 157000 157000 48.97< 27.29<
147.00Warehouse Unspec 86.67 5178.401500.00234 736652 421750 115.55< 109.55<
11.48Warehouse/Factory 11.48 30481.0030481.001 350000 350000 8.60< 2.33<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
0.13Closed Roads 0.19 29846.5025253.507 3472 2310 50.29< 66.00<
NAReservedRoads NA NANA1 5500 5500 ND ND
38.03Utilities Vac Land 38.03 3998.003998.003 132549 152039 80.02< 82.63<
22.43WaterStorageDamRes 22.43 28300.0028300.001 634700 634700 ND NDNational Parks, etc (SM)($/SM) (SM) ($/SM)
0.16Conservation–Private 0.16 630300.00630300.001 100000 100000 116.28< ND
64.59Nature Reserve 64.59 3716.003716.001 240000 240000 1054.95< 104.80<
A Guide to Property Values 2019 | Page 41
COUNTRY VICTORIA
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Primary Production (SM)($/SM) (SM) ($/SM)
0.62Cattle Feed Lot 0.55 961879.77365600.0013 596015 502200 134.82< 100.44<
6.97Com Flower&Plant 6.97 157800.00157800.001 1100000 1100000 ND ND
1.21DomsticLivestockGraz 2.75 596889.07360000.00659 721554 460000 104.55< 115.00<
0.75GenCrop >20ha Unspec 0.54 1256718.60809100.00586 929977 565000 115.46< 134.43<
0.57Hardwood Plantation 0.57 1084900.001084900.002 614000 614000 91.64< 341.11<
5.28Horse Unspecified 2.54 301121.80305700.0010 1590593 915000 143.87< 124.49<
5.30Kennel/Cattery 68.68 132138.50132138.502 700000 700000 129.63< 218.75<
1.44Livestock – Beef 2.49 650665.26479100.00422 934520 677500 112.82< 135.50<
1.68Livestock – Dairy 1.73 769733.27562650.00251 1316656 820000 126.78< 145.26<
1.20Livestock – Sheep 0.54 861697.65528260.00204 1029950 642330 115.22< 200.10<
1.54MarketGardenVeg <20h 0.90 236098.00206050.006 362833 380000 72.38< 131.03<
2.05MixedFarm + infrast 7.52 520992.31315000.0061 1069701 680000 93.47< 101.49<
1.28MixedFarm no infrast 1.23 576690.83408000.0023 736011 500000 136.99< 142.86<
0.90MixedFarm&GrazUnsp 1.70 870560.12419750.00454 801946 530000 99.07< 111.58<
0.22Native Bshland 0.18 817007.67813946.506 177500 170000 70.54< 109.68<
0.54Native Hardwood 0.73 471587.50367000.008 255000 162500 145.09< 69.15<
6.23Orchard Plantations 4.00 182067.3385100.0015 1133866 415000 79.48< 94.86<
8.90Piggery 8.81 246900.00246900.002 2196500 2196500 757.41< 355.33<
0.82Plant/Tree Nursery 1.94 498346.75288900.0013 398230 435000 117.57< 110.55<
4.50Poultry broiler 4.50 889517.00889517.002 4000000 4000000 75.33< 197.41<
29.41Poultry egg 29.41 40800.0040800.001 1200000 1200000 109.09< ND
0.40Softwood Plantation 0.40 1276752.22557700.009 509105 250000 154.32< 113.68<
1.18Specialised Cropping 1.17 1040100.001040100.002 1225000 1225000 260.64< 267.76<
2.48Vineyard 2.08 310420.8491153.0086 817215 500000 127.32< 129.87<Residential (SM)($/SM) (SM) ($/SM)
NACabin/Accommodation NA NANA1 280000 280000 495.58< 121.21<
NACojoin Strata Unsp NA NANA29 458706 375000 135.14< 136.36<
NAConjoined StrataUnit NA NANA4 369750 288500 120.96< 121.47<
765.89Detached Home (New) 939.51 536.13519.5014 616600 470000 98.33< 108.67<
501.31Detached Home Unsp 879.63 848.74702.0024244 425822 383250 105.00< 119.24<
485.71Detached Home(Comm) 485.71 840.00840.001 408000 408000 166.53< 194.29<
179.77Detached Home(exist) 225.00 2158.631200.00128 391013 356000 112.84< 119.46<
NAHalf Pair or Duplex NA NANA1 740000 740000 224.24< 296.00<
NAIndividual Car Park NA NANA21 208323 177000 153.91< 1287.27<
2.54MisImpRuralLand Unsp 3.04 75982.7954850.0014 193139 155000 77.50< 103.33<
NAOYO Stratum Flat NA NANA1 325000 325000 ND ND
NAOYO Sub Dwelling NA NANA14 378500 355000 82.94< 64.84<
NAOYO Sub Unit NA NANA10 218800 202500 85.26< 86.17<
NAOYO Unit NA NANA1 350000 350000 ND 258.30<
NARes Co Sh Unit Unsp NA NANA1 369000 369000 ND ND
340.40Res Dev Site 708.65 1926.67691.008 569250 372500 94.30< 54.58<
NARes Investment Flat NA NANA7 735585 575000 140.93< 157.53<
47.30Res Land (WithBuild) 81.06 1073.00821.504 50750 53500 29.72< 23.88<
12.56Res/Rural Lstyle 49.00 48219.8920000.004253 605987 535000 105.94< 121.59<
46.09ResLandWithImprovemt 46.09 3200.003200.001 147500 147500 203.45< 131.70<
247.39Retire Village Compl 377.42 36380.5036380.502 9000000 9000000 ND 346.15<
NARetire Village Unit NA NANA28 270714 280000 207.41< 215.38<
NASemi-detached NA NANA1 450000 450000 103.45< 236.58<
782.58Semi-detached Unspec 1110.79 534.82343.0074 385219 339944 88.30< 100.87<
2.34Shack/Hut/Donga 2.34 70000.0070000.001 164000 164000 87.23< 185.31<
899.27Short Term Hol Accom 715.36 1095.33664.004 1627037 1240000 243.14< 301.52<
NASingle Strata Unit NA NANA73 345813 329000 103.63< 109.67<
NASingle Strata Unsp NA NANA2807 330838 293000 107.72< 110.57<
16.42Storage Area Rural 16.42 1006.001006.001 16519 16519 ND 3.93<
NAStrata Dwelling NA NANA4 354000 300000 ND ND
NAStrata Unit/Flat Uns NA NANA1018 357109 315000 100.66< 111.50<
946.97Sub Div (EnGlobo) 946.97 264.00264.001 250000 250000 ND 14.35<
NATownhouse NA NANA69 427317 350000 86.42< 143.74<
269.65Vac Res A 283.59 706.51640.007007 192795 160250 95.39< 104.06<
77.37Vac Res B 65.52 2472.932213.00506 191335 170000 97.14< 98.55<
20.24Vac Res Englobo Oth 109.00 121867.8139343.0029 2739248 1461478 62.19< 88.57<
7.06Vac Res Rural Lstyle 38.56 37036.5917900.001626 265040 188000 96.41< 113.25<
NAVilla Unit NA NANA16 396062 322500 ND 104.03<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
555.54IndoorSportCent Unsp 697.92 1251.251144.504 695113 644227 ND 88.25<
9.08Outdoor–CrossCountry 9.08 450600.00450600.001 4092000 4092000 ND ND
199.00OutdoorSportGrndUnsp 199.00 27890.0027890.001 5550000 5550000 ND ND
1.60Vac Site – Sporting 1.60 22500.0022500.001 36000 36000 26.67< 0.89<
A Guide to Property Values 2019 | Page 42
Municipality totals Commercial Total Prices 1,040 $1,218,763,402 Commercial Total
Infrastruc&Utilities Total Prices 12 $1,062,159 Infrastruc&Utilities Total
National Parks, etc Total Prices 2 $340,000 National Parks, etc Total
Residential Total Prices 42,024 $16,375,744,805 Residential Total
Extractive Industry Total Prices 6 $2,550,956 Extractive Industry Total
Sport/Hrtge/Cultural Total Prices 7 $12,458,454 Sport/Hrtge/Cultural Total
Industrial Total Prices 668 $450,010,256 Industrial Total
Primary Production Total Prices 2,838 $2,547,448,104 Primary Production Total
Community Services Total Prices 27 $71,022,724 Community Services Total
All Sales Total 46,624 All Sales Total $20,679,400,860
A Guide to Property Values 2019 | Page 43
Metropolitan and Country Victoria-All
Country salesMetropolitan sales
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
46,778 80,736 1989
36,107 67,741 1990
31,381 68,471 1991
34,860 73,808 1992
37,137 81,131 1993
38,710 87,237 1994
34,217 78,743 1995
33,892 83,592 1996
38,937 108,794 1997
40,240 106,012 1998
42,857 117,535 1999
47,407 110,980 2000
59,517 137,184 2001
61,615 126,909 2002
60,627 123,405 2003
53,199 101,382 2004
50,239 106,875 2005
49,015 109,370 2006
53,640 138,588 2007
43,981 107,105 2008
51,926 130,951 2009
50,387 124,337 2010
46,203 104,280 2011
42,805 98,994 2012
45,928 119,680 2013
47,640 137,072 2014
50,449 150,530 2015
52,603 143,714 2016
60,500 143,779 2017
56,901 104,371 2018
46,624 92,241 2019
A Guide to Property Values 2019 | Page 44
Metropolitan and Country Victoria-All
Country salesMetropolitan sales
0
20,000,000,000
40,000,000,000
60,000,000,000
80,000,000,000
100,000,000,000
120,000,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
$4,015,203,425 $14,678,905,696 1989
$3,053,998,931 $11,214,845,044 1990
$2,677,382,088 $10,299,497,328 1991
$3,143,473,953 $11,159,460,010 1992
$3,318,158,423 $12,319,917,686 1993
$3,538,177,505 $14,194,479,997 1994
$3,259,746,211 $13,114,442,324 1995
$3,405,930,314 $14,321,865,824 1996
$3,881,866,254 $20,261,890,851 1997
$4,118,048,339 $21,081,173,541 1998
$4,836,641,089 $26,297,757,669 1999
$5,600,743,632 $26,628,281,152 2000
$7,547,754,059 $37,782,105,227 2001
$9,293,715,474 $40,279,320,985 2002
$11,037,651,382 $43,535,384,953 2003
$11,387,997,202 $39,589,314,095 2004
$12,198,782,478 $43,862,441,709 2005
$12,890,140,343 $50,524,851,013 2006
$14,852,763,641 $68,410,258,347 2007
$12,272,085,988 $51,825,177,041 2008
$13,676,880,256 $64,401,908,679 2009
$15,143,254,259 $73,293,801,653 2010
$14,560,801,449 $62,105,010,839 2011
$13,297,957,911 $58,380,427,518 2012
$14,873,975,876 $75,000,263,233 2013
$16,295,510,363 $93,227,873,822 2014
$17,974,342,694 $110,348,596,959 2015
$19,350,770,218 $109,322,043,722 2016
$23,301,481,509 $119,403,134,695 2017
$23,839,608,738 $95,790,026,614 2018
$20,679,400,860 $82,434,882,326 2019
A Guide to Property Values 2019 | Page 45
Metropolitan and Country Victoria-Commercial
Country salesMetropolitan sales
0
500
1000
1500
2000
2500
3000
3500
4000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
1,368 2,039 1989
945 1,347 1990
743 1,268 1991
867 1,353 1992
1,026 1,630 1993
960 1,834 1994
1,042 1,970 1995
1,225 2,282 1996
1,147 2,572 1997
1,154 3,148 1998
1,154 3,239 1999
1,222 2,568 2000
1,375 3,360 2001
1,561 3,569 2002
1,645 3,071 2003
1,534 2,768 2004
1,233 2,585 2005
1,511 3,162 2006
1,347 3,495 2007
922 2,398 2008
887 2,402 2009
1,077 3,163 2010
1,034 2,838 2011
846 2,291 2012
946 2,604 2013
979 2,954 2014
1,112 2,984 2015
1,010 2,912 2016
1,209 3,245 2017
1,195 2,900 2018
1,040 2,871 2019
A Guide to Property Values 2019 | Page 46
Metropolitan and Country Victoria-Commercial
Country salesMetropolitan sales
0
2,000,000,000
4,000,000,000
6,000,000,000
8,000,000,000
10,000,000,000
12,000,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $428,476,315 $2,299,872,472
1990 $232,373,733 $1,243,565,366
1991 $185,210,796 $954,299,167
1992 $247,262,473 $1,312,701,042
1993 $236,470,563 $1,268,359,593
1994 $214,248,691 $1,658,945,542
1995 $248,481,522 $1,565,724,880
1996 $366,473,244 $1,942,799,009
1997 $329,167,592 $2,655,198,841
1998 $339,776,712 $2,655,555,947
1999 $473,900,903 $3,135,782,238
2000 $355,808,087 $2,477,420,113
2001 $436,089,611 $4,007,415,381
2002 $573,618,303 $4,469,799,507
2003 $775,503,497 $4,416,249,257
2004 $885,645,369 $4,262,057,196
2005 $824,802,217 $4,823,793,836
2006 $1,128,773,008 $6,973,267,772
2007 $1,019,486,751 $7,871,080,274
2008 $623,974,976 $4,642,546,303
2009 $707,444,463 $5,034,530,841
2010 $762,800,886 $6,386,324,667
2011 $791,404,495 $4,553,545,879
2012 $645,427,120 $4,619,180,635
2013 $919,522,016 $6,205,292,596
2014 $1,074,981,450 $9,094,397,660
2015 $990,683,195 $8,538,635,622
2016 $902,810,598 $9,023,524,664
2017 $1,192,787,281 $9,870,312,167
2018 $1,359,483,637 $10,421,552,160
2019 $1,218,763,402 $7,895,922,782
A Guide to Property Values 2019 | Page 47
Metropolitan and Country Victoria-Community Services
Country salesMetropolitan sales
0
20
40
60
80
100
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
3 22 1989
2 18 1990
3 9 1991
9 1992
2 16 1993
2 10 1994
9 1995
3 19 1996
5 12 1997
8 31 1998
42 82 1999
42 53 2000
35 58 2001
28 92 2002
40 56 2003
34 51 2004
23 55 2005
23 57 2006
31 61 2007
28 37 2008
19 52 2009
47 58 2010
29 55 2011
41 60 2012
29 59 2013
27 52 2014
35 67 2015
64 65 2016
58 71 2017
38 62 2018
27 33 2019
A Guide to Property Values 2019 | Page 48
Metropolitan and Country Victoria-Community Services
Country salesMetropolitan sales
0
100,000,000
200,000,000
300,000,000
400,000,000
500,000,000
600,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $1,755,000 $30,780,604
1990 $1,592,000 $46,155,698
1991 $572,000 $7,768,800
1992 $24,500,200
1993 $980,000 $27,797,721
1994 $32,729,800 $10,193,525
1995 $48,650,497
1996 $911,000 $40,281,750
1997 $5,588,996 $11,251,000
1998 $1,373,500 $59,652,682
1999 $9,169,620 $54,670,989
2000 $10,412,171 $49,371,288
2001 $9,422,150 $80,993,348
2002 $5,468,205 $143,546,209
2003 $13,908,000 $82,345,642
2004 $19,900,910 $87,055,536
2005 $56,647,157 $219,784,692
2006 $19,789,765 $252,468,593
2007 $20,751,330 $215,416,023
2008 $300,037,054 $67,961,366
2009 $9,855,499 $177,143,423
2010 $20,283,579 $163,365,128
2011 $36,262,580 $125,174,356
2012 $43,317,910 $136,626,137
2013 $43,523,000 $213,358,318
2014 $34,512,340 $216,883,622
2015 $13,644,034 $248,298,623
2016 $37,211,407 $347,229,005
2017 $37,046,779 $370,780,820
2018 $50,070,349 $514,893,740
2019 $71,022,724 $253,641,885
A Guide to Property Values 2019 | Page 49
Metropolitan and Country Victoria-Extractive Industry
Country salesMetropolitan sales
0
4
8
12
16
20
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
10 18 1989
8 11 1990
2 8 1991
10 3 1992
10 12 1993
10 7 1994
6 5 1995
4 4 1996
7 11 1997
7 9 1998
3 3 1999
1 1 2000
12 5 2001
7 8 2002
11 4 2003
7 3 2004
9 1 2005
4 1 2006
6 5 2007
2 1 2008
2 1 2009
1 4 2010
7 6 2011
2 2012
2 2013
1 2014
1 2 2015
1 3 2016
6 2017
1 2018
6 2019
A Guide to Property Values 2019 | Page 50
Metropolitan and Country Victoria-Extractive Industry
Country salesMetropolitan sales
0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $12,585,574 $11,374,200
1990 $3,771,575 $4,170,400
1991 $110,000 $18,574,000
1992 $36,418,501 $3,140,000
1993 $6,805,076 $3,526,500
1994 $1,760,804 $504,300
1995 $693,500 $1,027,625
1996 $476,855 $394,500
1997 $1,001,666 $4,071,000
1998 $3,095,629 $5,867,412
1999 $1,348,500 $10,624,000
2000 $296,526 $1,550,000
2001 $3,045,000 $4,418,000
2002 $4,671,000 $10,552,255
2003 $3,258,000 $3,155,000
2004 $3,250,000 $3,976,000
2005 $5,284,000 $880,000
2006 $2,325,000 $212,000
2007 $3,417,986 $5,776,200
2008 $4,452,000 $8,000,000
2009 $710,000 $79,420,000
2010 $1,200,000 $29,564,000
2011 $11,814,000 $20,230,000
2012 $377,000
2013 $735,000
2014 $1,500,000
2015 $196,900 $4,845,500
2016 $1,250,000 $6,109,228
2017 $944,154
2018 $17,050,000
2019 $2,550,956
A Guide to Property Values 2019 | Page 51
Metropolitan and Country Victoria-Industrial
Country salesMetropolitan sales
0
500
1000
1500
2000
2500
3000
3500
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
597 1,433 1989
373 842 1990
272 683 1991
367 763 1992
357 998 1993
397 1,053 1994
368 1,120 1995
324 1,073 1996
393 1,340 1997
343 1,471 1998
425 1,974 1999
471 1,865 2000
380 1,786 2001
508 2,064 2002
552 2,020 2003
550 2,056 2004
486 1,841 2005
505 2,064 2006
553 2,088 2007
414 1,536 2008
401 1,588 2009
535 2,294 2010
607 2,345 2011
495 1,998 2012
520 2,178 2013
545 2,354 2014
613 2,759 2015
640 2,993 2016
618 3,169 2017
738 2,876 2018
668 2,117 2019
A Guide to Property Values 2019 | Page 52
Metropolitan and Country Victoria-Industrial
Country salesMetropolitan sales
0
1,000,000,000
2,000,000,000
3,000,000,000
4,000,000,000
5,000,000,000
6,000,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $77,851,508 $907,371,794
1990 $56,676,155 $460,800,205
1991 $36,086,035 $359,285,892
1992 $74,819,014 $333,490,018
1993 $51,360,352 $441,755,701
1994 $47,025,397 $465,347,838
1995 $56,559,973 $560,543,680
1996 $55,665,972 $508,430,981
1997 $49,305,408 $742,724,864
1998 $45,471,396 $748,222,750
1999 $78,373,782 $1,267,062,731
2000 $64,600,538 $1,013,115,018
2001 $81,375,466 $1,136,973,078
2002 $135,264,361 $1,392,131,250
2003 $133,986,347 $1,561,081,957
2004 $170,410,405 $1,740,058,000
2005 $163,477,619 $1,800,789,396
2006 $253,404,328 $2,289,797,193
2007 $309,262,276 $2,549,269,491
2008 $222,087,050 $1,869,523,166
2009 $203,928,214 $1,722,778,188
2010 $300,114,571 $2,775,296,576
2011 $310,137,795 $2,697,011,660
2012 $295,833,100 $2,358,363,579
2013 $294,715,437 $2,798,143,592
2014 $297,532,361 $3,960,159,534
2015 $376,422,798 $5,788,780,835
2016 $394,694,079 $5,859,624,751
2017 $331,167,963 $5,512,602,352
2018 $403,719,738 $5,277,269,976
2019 $450,010,256 $3,958,058,465
A Guide to Property Values 2019 | Page 53
Metropolitan and Country Victoria-Infrastruc&Utilities
Country salesMetropolitan sales
0
40
80
120
160
200
240
280
19
89
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
3 1 1989
1 1 1991
1 1 1992
1 2 1993
1 2 1994
2 2 1995
3 1 1996
9 11 1997
16 32 1998
13 64 1999
38 180 2000
52 259 2001
37 116 2002
70 150 2003
81 105 2004
54 100 2005
96 157 2006
132 122 2007
74 124 2008
27 137 2009
61 168 2010
187 191 2011
60 148 2012
53 98 2013
43 132 2014
42 154 2015
37 131 2016
30 123 2017
24 92 2018
12 35 2019
A Guide to Property Values 2019 | Page 54
Metropolitan and Country Victoria-Infrastruc&Utilities
Country salesMetropolitan sales
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
19
89
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $34,349 $700
1991 $447 $1,925
1992 $1,000 $25
1993 $6,500 $100,000
1994 $7,680 $22,250
1995 $11,900 $1,375,000
1996 $158,652 $12,775
1997 $176,640 $412,250
1998 $723,280 $10,697,246
1999 $1,724,250 $971,935
2000 $1,696,931 $11,094,561
2001 $2,291,549 $17,134,401
2002 $1,284,919 $1,588,810
2003 $1,477,530 $3,336,328
2004 $1,420,776 $930,175
2005 $522,088 $8,896,020
2006 $713,050 $1,581,040
2007 $766,971 $1,579,832
2008 $519,223 $8,697,066
2009 $823,471 $6,432,576
2010 $6,506,683 $41,016,996
2011 $32,190,924 $19,923,102
2012 $13,342,440 $18,231,319
2013 $3,381,654 $12,699,508
2014 $1,623,097 $10,011,375
2015 $8,930,680 $36,863,771
2016 $16,720,909 $93,468,498
2017 $10,755,097 $54,958,151
2018 $2,576,893 $36,240,741
2019 $1,062,159 $3,498,633
A Guide to Property Values 2019 | Page 55
Metropolitan and Country Victoria-Primary Production
Country salesMetropolitan sales
0
1000
2000
3000
4000
5000
6000
7000
8000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
7,140 962 1989
4,936 603 1990
4,310 595 1991
4,998 661 1992
4,874 711 1993
5,141 704 1994
4,189 502 1995
4,131 520 1996
4,249 543 1997
3,647 421 1998
3,460 413 1999
4,145 332 2000
4,609 337 2001
4,701 285 2002
4,174 303 2003
4,637 293 2004
4,602 210 2005
5,206 267 2006
4,974 304 2007
4,458 240 2008
3,680 171 2009
3,790 322 2010
3,844 202 2011
3,089 164 2012
3,081 169 2013
3,353 187 2014
3,745 249 2015
3,518 249 2016
3,449 255 2017
3,232 200 2018
2,838 136 2019
A Guide to Property Values 2019 | Page 56
Metropolitan and Country Victoria-Primary Production
Country salesMetropolitan sales
0
500,000,000
1,000,000,000
1,500,000,000
2,000,000,000
2,500,000,000
3,000,000,000
3,500,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $996,345,442 $413,866,841
1990 $654,914,039 $221,374,261
1991 $565,357,366 $188,682,713
1992 $674,587,241 $198,224,443
1993 $671,533,853 $203,625,261
1994 $731,108,826 $195,128,127
1995 $637,199,779 $158,066,182
1996 $626,632,538 $176,006,779
1997 $658,959,109 $163,536,736
1998 $612,575,734 $154,797,848
1999 $642,239,200 $172,822,773
2000 $852,250,782 $190,273,026
2001 $1,022,232,739 $242,437,606
2002 $1,256,091,464 $205,330,695
2003 $1,274,787,408 $258,577,613
2004 $1,508,028,534 $399,191,866
2005 $2,028,219,137 $268,619,305
2006 $2,256,690,425 $546,961,814
2007 $2,453,507,616 $529,816,509
2008 $2,077,184,035 $386,275,743
2009 $1,588,945,823 $301,673,217
2010 $1,985,285,231 $670,716,323
2011 $1,966,474,411 $350,558,850
2012 $1,669,115,369 $281,711,161
2013 $1,581,186,792 $286,447,280
2014 $2,031,788,026 $542,871,296
2015 $2,482,765,369 $626,193,053
2016 $2,582,579,031 $944,872,671
2017 $2,701,339,816 $862,871,452
2018 $3,117,526,933 $574,971,939
2019 $2,547,448,104 $402,373,325
A Guide to Property Values 2019 | Page 57
Metropolitan and Country Victoria-Residential
Country salesMetropolitan sales
0
20000
40000
60000
80000
100000
120000
140000
160000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
37,657 76,261 1989
29,843 64,920 1990
26,049 65,906 1991
28,617 71,018 1992
30,867 77,762 1993
32,198 83,627 1994
28,609 75,135 1995
28,201 79,691 1996
33,125 104,299 1997
35,053 100,868 1998
37,749 111,741 1999
41,466 105,962 2000
53,038 131,354 2001
54,758 120,755 2002
54,125 117,782 2003
46,342 96,082 2004
43,821 102,064 2005
41,661 103,647 2006
46,589 132,479 2007
38,080 102,765 2008
46,900 126,592 2009
44,864 118,299 2010
40,477 98,622 2011
38,262 94,315 2012
41,283 114,554 2013
42,658 131,367 2014
44,882 144,273 2015
47,312 137,316 2016
55,115 136,895 2017
51,666 98,226 2018
42,024 87,038 2019
A Guide to Property Values 2019 | Page 58
Metropolitan and Country Victoria-Residential
Country salesMetropolitan sales
0
20,000,000,000
40,000,000,000
60,000,000,000
80,000,000,000
100,000,000,000
120,000,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1989 $2,498,155,237 $11,015,639,085
1990 $2,104,671,429 $9,238,779,114
1991 $1,889,725,444 $8,770,723,831
1992 $2,110,385,724 $9,287,404,282
1993 $2,351,002,079 $10,374,752,910
1994 $2,511,196,307 $11,864,338,415
1995 $2,316,596,537 $10,779,054,460
1996 $2,355,462,053 $11,649,490,030
1997 $2,836,026,843 $16,679,051,388
1998 $3,113,379,488 $17,421,849,411
1999 $3,627,315,296 $21,634,988,143
2000 $4,310,270,657 $22,864,286,942
2001 $5,989,911,211 $32,161,242,618
2002 $7,312,745,874 $34,048,437,571
2003 $8,829,420,100 $37,193,855,201
2004 $8,792,644,510 $33,045,872,412
2005 $9,115,157,260 $36,692,078,260
2006 $9,204,120,767 $40,387,162,451
2007 $11,042,311,560 $57,146,791,026
2008 $9,039,171,650 $44,833,173,397
2009 $11,151,581,636 $57,058,159,684
2010 $12,060,060,680 $63,170,647,063
2011 $11,403,063,578 $54,305,614,142
2012 $10,628,266,139 $50,917,516,053
2013 $12,025,419,664 $65,445,191,179
2014 $12,842,781,524 $79,320,989,157
2015 $14,086,735,150 $94,990,305,393
2016 $15,405,125,977 $92,931,781,162
2017 $19,011,188,419 $102,613,536,199
2018 $18,904,969,186 $78,862,184,865
2019 $16,375,744,805 $69,807,426,136
A Guide to Property Values 2019 | Page 59
Metropolitan and Country Victoria-Sport/Hrtge/Cultural
Country salesMetropolitan sales
0
5
10
15
20
25
30
35
40
19
91
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Number of Sales
Number of Sales
Year CountryMetropolitan
1 1991
1 1994
1 1995
1 2 1996
2 6 1997
12 32 1998
11 19 1999
22 19 2000
16 25 2001
15 20 2002
10 19 2003
14 24 2004
11 19 2005
9 15 2006
8 34 2007
3 4 2008
9 8 2009
9 28 2010
13 20 2011
6 16 2012
4 17 2013
11 20 2014
11 36 2015
11 31 2016
13 20 2017
5 13 2018
7 10 2019
A Guide to Property Values 2019 | Page 60
Metropolitan and Country Victoria-Sport/Hrtge/Cultural
Country salesMetropolitan sales
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
140,000,000
19
91
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
Total Value of Sales
Total Price
Year CountryMetropolitan
1991 $320,000
1994 $100,000
1995 $203,000
1996 $150,000 $4,450,000
1997 $1,640,000 $5,644,772
1998 $1,652,600 $24,530,245
1999 $2,569,538 $20,834,860
2000 $5,407,940 $21,170,204
2001 $3,386,333 $131,490,795
2002 $4,571,348 $7,934,688
2003 $5,310,500 $16,783,955
2004 $6,696,698 $50,172,910
2005 $4,673,000 $47,600,200
2006 $24,324,000 $73,400,150
2007 $3,259,151 $90,528,992
2008 $4,660,000 $9,000,000
2009 $13,589,750 $21,770,750
2010 $5,812,729 $56,847,800
2011 $9,337,860 $32,402,850
2012 $1,475,500 $47,334,174
2013 $5,364,545 $37,425,760
2014 $10,039,071 $80,544,200
2015 $14,721,500 $114,580,025
2016 $9,961,919 $107,416,925
2017 $16,041,000 $117,998,754
2018 $1,130,502 $85,626,693
2019 $12,458,454 $111,596,100
A Guide to Property Values 2019 | Page 61
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
ABBOTSFORD 1280000925000862500736000 58 4.7714000730000 1030000792500 -14115000011925001187500 652000
ABERFELDIE 1453000120750010450001046500 77 5.9852500994000 1390000947500 -7159250015000001300000 ^786500
AINTREE 571500680500-- NA NA-- 610000- 5675000580000640000 ^ ^ -
AIREYS INLET 737500680000625500606000 91 6.7634000680000 985000664000 131005000869000715000 ^515000
AIRPORT WEST 845000635000575000575000 73 5.6495000557500 790000532000 -7900000847500742000 ^456000
ALBANVALE 526500345000326500320000 83 6.2310000317000 512000313000 -6563000546000439000 ^280000
ALBERT PARK 2150000170000015030001167500 87 6.512650001390000 19650001360000 -5111000020700001775000 ^1050000
ALBION 730000481000432000440000 93 6.8379500400000 675000379000 -11765000755000593000 ^349000
ALEXANDRA 291500285000247500230000 48 4.0239000255000 325500261000 -3385000335000275000 220000
ALFREDTON 412500340500362000316000 60 4.8340000333000 480000361500 9500000439000375000 300000
ALLANSFORD 280000259000242500250500 24 2.2257500332000 300000310000 22313000245000275000^ ^ ^ ^ ^ ^ ^242500 ^
ALPHINGTON 1749000129650010290001000000 88 6.51000000985000 15700001080000 -8141000017100001240500 ^836500
ALTONA 950000718000646500628500 77 5.9570000575000 882500575000 -5888500932500825000 499000
ALTONA EAST 885000650000605000571000 95 6.9550000523000 842500561000 -6852500895000795000 ^432500
ALTONA MEADOWS 625000440000415000385000 76 5.8375000395000 617500390000 -2650000631500495000 350000
ALTONA NORTH 828000645000555000515000 88 6.5484000520000 788500510000 -6845000840000726000 419000
ANGLESEA 788000635000612500580000 77 5.9587500600500 905000550000 51015000861000652500 512500
APOLLO BAY 545000435000460000442500 39 3.3432500495000 597500450000 9680000550000480000 ^430000
ARARAT 200000210000200000174000 36 3.1165000169000 216500180000 9228000199000204500 159500
ARDEER 595000381500360000382500 84 6.3342500360000 571500330000 -9590000629000517500 ^311000
ARMADALE 2300000217250017500001800000 53 4.415000001615000 24625001675000 5232500023415002367500 1605000
ARMSTRONG CREEK 471000440000441500- NA NA362500205000 540000467500 1530500535000450000 ^ - ^
ASCOT (GREATER
BENDIGO)358000349000344500330000 49 4.1350000323500 415500349500 9454000380000370000 278000
ASCOT VALE 1192500885000810000750000 74 5.7701500735000 1088500735000 -9110200012000001020000 625500
ASHBURTON 181250014350001200000985000 109 7.6870000890000 16510001000000 -4148000017125001567500 ^790000
ASHWOOD 13590001140000888000760000 72 5.6681000749000 1100000775000 -9109900012100001230000 ^640000
ASPENDALE 1125000795500690000637500 82 6.1610000630000 994000620000 11167500980000891000 547500
ASPENDALE
GARDENS882500715000632000581000 69 5.4552000550000 844000586500 -10898500935000775000 ^498500
ATTWOOD 742500620000515000576000 58 4.7500000592000 767500540000 2672500750000660000 ^485000
AVENEL 355000245000302000268500 74 5.7230500221500 370000231000 6445000349000250000 ^212500
AVOCA 212500182500180000144000 65 5.1181500151000 219500182500 0320000220000165000 ^133000
AVONDALE HEIGHTS 845500650000560000576000 76 5.8536000538000 810000532500 -2841000830000750000 460000
AVONSLEIGH 562000397500355000321500 72 5.6345000385500 532500420000 -1NA540000501000 ^ ^ 309000
A Guide to Property Values 2019 | Page 62
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
BACCHUS MARSH 415500355000348000305000 79 6.0325000330000 500000335500 4490000480000376000 279000
BADGER CREEK 465000345000325000295000 87 6.5295000295000 498000315000 0518500500000379000 ^266500
BAIRNSDALE 270000246500244000230000 26 2.3231000235000 274000235000 -1290000276000255000 218000
BALACLAVA 13855001100000942000916000 75 5.7717500793500 1310000860500 10143000011960001242500 ^750000
BALCOMBE 1100000871000737000655000 106 7.5686000718500 1109000712500 -1110075001240000950000 539000
BALLAN 417000359000330000260000 80 6.1305000310000 450000352000 -3505000462000370000 250000
BALLARAT CENTRAL 430000353000327500280000 107 7.6313500320000 520000322000 17590000446500385000 251000
BALLARAT EAST 310000275000265000225500 76 5.8255000245000 360000265000 6375500340000295000 205000
BALLARAT NORTH 346500315000312000272000 80 6.0280000275000 413500296000 6425000389000339500 230000
BALNARRING 815000595000544000480000 112 7.8501500472500 825000525000 1985000814500670000 ^388500
BALNARRING BEACH 890000887500700000787500 80 6.0660000630000 1275000750000 1411750001115000904000 ^ ^710000^
BALWYN 2335500221000017825001450000 87 6.512950001363000 23925001530000 -1232150024200002180000 1279500
BALWYN NORTH 1950000185000014520001141000 73 5.79975001100000 17000001240000 -6191000018100001800000 981000
BANNOCKBURN 430000389000405000342500 73 5.7351500378000 529000370000 9580000487500382000 305000
BARANDUDA 350000323000330000353000 27 2.4340000340000 395000345000 -2449000403500350000 ^312000
BARNAWARTHA 312000305000220000169000 65 5.1222000220000 316000245000 13432500280000245000^ ^ ^ ^ ^ ^191500 ^
BARWON HEADS 920500773000715000615500 100 7.2632500607500 1007500742500 41130000965000842500 ^505000
BAXTER 530000340000325000317000 88 6.5315000320000 530000330500 -2541500542500403000 ^282500
BAYSWATER 801000632500525000453500 92 6.8426500447500 715000458500 -5750500753000693000 372000
BAYSWATER NORTH 735000580000490000450000 87 6.5426500436000 695000468500 -3759500713000628000 371500
BEACONSFIELD 694500559000525000460000 65 5.2511500505000 690000486500 -5762500730000585000 417500
BEACONSFIELD
UPPER725500602500507500472000 109 7.7535000437500 787500470000 -13815000903500630000 ^376500
BEAUFORT 220000205000220000174500 45 3.8186000142500 242500186000 8329000225000237500 ^167500
BEAUMARIS 1611000134500011295001107500 72 5.69970001050000 15825001074000 -5161000016740001455000 918500
BEEAC 200500158000162500121500 32 2.8216000197500 195000157500 2NA191500148000^ ^ ^ ^ ^ ^ ^ ^ 148000^ ^
BEECHWORTH 399000332000295000310500 82 6.1304500320000 472000295000 18480000400000345000 260000
BELGRAVE 620000482500426000380000 72 5.6390000375000 636000410000 -6664000676000545000 ^370000
BELGRAVE HEIGHTS 687500590500480000425000 88 6.5399000382000 685000430000 -2702500701500624000 ^363500
BELGRAVE SOUTH 689000555500541000490000 96 6.9447500475000 665500548000 -15NA782500565000 ^ 340000^
BELL PARK 400000340000323500290000 87 6.5290500315000 482000314000 7510000452500360000 257500
BELL POST HILL 435000344500333500310000 74 5.7328000320000 475000328000 -2567500487000355000 ^273500
BELLBRIDGE 347500285000355000316500 27 2.4318000280000 368500297500 -7524500395000330000^ ^ ^ ^ ^ ^ ^ ^290000^ ^
BELLFIELD
(BANYULE)897000700000582500575000 68 5.3510000550500 770000516000 -12735000879500778000 ^459500
A Guide to Property Values 2019 | Page 63
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
BELMONT 500000395000362000338000 89 6.6350000345000 545000360000 0570000545000430000 288000
BENALLA 250000222500235500220000 38 3.3216500225000 290000228000 2260000284000231500 210000
BENDIGO 400000372000376500295000 79 6.0335000290000 420000340000 5432500400000400000 235000
BENTLEIGH 147000012450001050000910000 86 6.4820000882000 1382500900000 -1143250013975001380000 745000
BENTLEIGH EAST 12560001000500850000760000 88 6.5680000720000 1200000750000 0126100012050001115000 639500
BERWICK 670000535000487500450000 76 5.8451000440000 673500453000 -3701500691500583000 382000
BEULAH 960006500010100068000 -4 -0.47500069000 7700042500 -368100012050065000^ ^ ^ ^ ^ ^ ^ ^ ^80000^ ^
BEVERIDGE 495000400000351500522500 0 NA412500416500 610000396000 10610000552500430000^ ^-
BIRCHIP 1000001215009000067500 73 5.68750077000 107500120000 711500010000055000 ^ ^62000
BIRREGURRA 382500302500337500230000 85 6.4260000260000 463000255000 30507500355000349000^ ^ ^ ^250000^ ^
BITTERN 526500382500390000352000 90 6.6382500365000 577500402000 -11620000650000464000 ^304000
BLACK HILL 370000296500321500263500 105 7.4260000292000 495000283500 22420000405000315000 ^242000
BLACK ROCK 2017500154500014000001390000 42 3.611750001237500 17775001225000 -12161750020290001745000 ^1251500
BLACKBURN 14105001200500936000850000 86 6.4750000786000 1300000860500 -5138050013705001241000 700500
BLACKBURN NORTH 1140500921500790000659000 87 6.5609000617500 1010000692000 -3111650010380001040000 540000
BLACKBURN SOUTH 1200000920500780000670000 90 6.6632000636500 1038000697500 -1117000010500001050000 ^547000
BLACKWOOD 403000260000266000260000 42 3.6245000263000 372500310000 14NA326500291000 ^ 261500
BLAIRGOWRIE 883000621500627500625000 78 5.9580000600000 925000609000 -6955000986000770000 520000
BLIND BIGHT 514000401000343000337500 72 5.6319000358000 552500362500 1630000546000440000 ^321000
BONBEACH 882500700000635000585000 69 5.4535000555000 850000580000 -7903000910000778000 ^502000
BONNIE DOON 315000290000275000210000 130 8.7262500215000 420000250000 1290000417500290000 ^182500
BONSHAW 235000309000309000- NA NA-- 389000- 4448000375000322500 ^ * ^ ^ ^ ^-
BOOLARRA 255000212500260000178000 42 3.6190000209000 245000196500 -2NA250000202500 ^ ^ ^ 172000
BOORT 215000130000162500157000 75 5.7107000164000 185000157500 3136500180000200500 ^ ^106000^
BORONIA 735000592500500500450000 79 6.0430000440000 684500459500 -8725000742500648500 382000
BOTANIC RIDGE 690000565000519000520000 48 4.0500000475000 700000492000 -4693000730000600000 472500
BOX HILL 175250013500001067000874000 96 7.0852000975000 1528000855000 -10162000017000001360500 ^780000
BOX HILL NORTH 13210001060000856500726000 98 7.1648500678000 1200000746000 1127250011880001146000 ^605000
BOX HILL SOUTH 14090001153000910000823000 92 6.7715000770000 1154000785000 -10137000012855001255000 ^601000
BRAYBROOK 665500550000479500460000 68 5.3396000443000 630000424000 -12690000719000629000 375000
BREAKWATER 335000267500251500250000 84 6.3242500252500 405000255000 5NA385000277500 220000
BRIAGOLONG 257000215000200000205000 75 5.8215000225000 315000226000 19NA264000265000^ ^ ^ ^ ^ ^ ^ 180000^ ^
BRIAR HILL 833000680000633000580000 82 6.1541000545500 817000572500 -7962000880000721500 ^450000
A Guide to Property Values 2019 | Page 64
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
BRIGHT 495000392500349000311500 95 6.9340000335000 580000325000 -2645000590000429500 ^297500
BRIGHTON 3050000230250019400001810000 53 4.317895001720000 26000001802500 -10282500028790002740000 1700000
BRIGHTON EAST 1900000160000013000001255000 59 4.710750001100000 17000001230000 -10173250018800001750000 1071000
BROADFORD 330000270000267000248500 87 6.5268500260000 417500291000 5439000396500287500 223000
BROADMEADOWS 546000370000345000384000 64 5.1320000357000 526000325000 -9556500575000416500 320000
BROOKFIELD 425000340000350500333500 45 3.8332000341000 445000330000 -9488500491500360000 307500
BROOKLYN 834000602000540000486500 63 5.0470000485000 672500491500 -3605000695000700500 ^411500
BROWN HILL 350000270000281500261000 97 7.0300000258500 449000310000 11439500405000338000 228000
BRUNSWICK 1200000860500815000710000 69 5.4673000670000 1030000750000 -612080001097500946000 610000
BRUNSWICK EAST 1150000888000819500700000 57 4.6713000700000 995500767000 -1510850001170000998000 635000
BRUNSWICK WEST 1155000866500790000728000 77 5.8685000701500 1061000745000 -9109650011600001005000 601000
BRUTHEN 229500205000182500226000 22 2.0175000204000 229000198000 -12215000261000207000^ ^ ^ ^ ^ ^ ^187500
BULLEEN 13000001095000861000728000 72 5.6707000722500 1100000780000 -11124500012300001170000 ^640000
BUNDALONG 373000372500336500390000 20 1.8385000500000 515000337500 11425000462000425000 ^ ^ ^430000
BUNDOORA 754000600500553500500000 76 5.8485000490000 727500530000 0775000730000651000 413500
BUNINYONG 470000364500385000322500 76 5.8376500307500 475000349000 2500000465000381000 ^270000
BUNYIP 437500420000325000292500 77 5.9342500340000 501000332500 -9470000550000357500 ^282500
BURNLEY 14050009990001100000800000 63 5.0797500810000 1188500836000 -9190250013050001215000 ^ ^ ^ ^731000
BURNSIDE 572500415000401000395000 75 5.8385000410000 605000390000 0645000605000518500 345000
BURNSIDE HEIGHTS 590000460000442500405000 69 5.4420000405000 591000427000 -7600000633000522000 350000
BURWOOD 13570001190000921000778000 73 5.6765000799000 1165000780000 -12118300013200001219000 ^675000
BURWOOD EAST 1126500982500782000678000 79 6.0617000630000 1020000685500 -3112550010480001021000 570000
CAIRNLEA 710000540000545000463000 93 6.8440000478500 752500480000 3762500734000608500 390000
CALIFORNIA GULLY 250000256500262000209500 38 3.3255000240000 289000252500 5318000275000255000 209000
CAMBERWELL 2300000191250016550001345000 82 6.213000001322000 21000001382000 -3180000021550002090000 1155000
CAMPBELLFIELD 507000374500338000385000 67 5.3330000360000 534500330000 -3500000550000420000 ^320000
CAMPBELLS CREEK 380000387500345000316000 102 7.3343500340000 500000382000 9495000460500426500 ^247500
CAMPERDOWN 240000218000186000185000 58 4.7183500180000 280000220000 19250000235000217500 177500
CANADIAN 334500345000297000302500 50 4.2290500298000 377500322500 1407000373000339000 251000
CANN RIVER 1350008000012000087000 20 1.915000083500 125000140000 -1122000126500148500^ ^ ^ ^ ^ ^ ^ ^ ^104000^ ^
CANTERBURY 3140000252300021000001827500 69 5.417900001730000 28325001950000 12225000025365002620000 ^1680000
CAPE PATERSON 407500350000332000332500 73 5.6348000420000 540000337000 22659000442000358000 312000
CAPE SCHANCK 972500660000557500545000 81 6.1655000477500 940000620000 111018500845000667500 ^ ^520000
A Guide to Property Values 2019 | Page 65
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
CAPEL SOUND 542500390000366000355000 67 5.3330000375000 515000350000 -6625000550000445000 307500
CARISBROOK 245000200000238500202000 99 7.1192500134500 300000218500 29257000232500200000 ^151000
CARLTON 14700008300001020000900000 63 5.08605001055000 13060001002500 -18150000016000001050000 ^800000
CARLTON NORTH 162800011775001095000930000 98 7.1940000833000 1555000890500 8139750014450001360000 ^785000
CARNEGIE 151000013000001007500880000 66 5.2845000905500 1310000865000 -9133600014450001348500 ^787500
CAROLINE SPRINGS 611000480000460000407500 70 5.4427500420000 620000435000 0631500620000530000 365000
CARRUM 846000611000536000500000 77 5.9499000492500 770000510000 -10900000860000750000 ^435000
CARRUM DOWNS 530000370000346000330000 80 6.1334000345000 537500330000 -7577500575000430000 298000
CASTERTON 14200010000099000117500 48 4.0110000106500 15000097500 13169000132500126500 101500
CASTLEMAINE 435000380000369500300000 104 7.4338000322500 520000372500 4579000499000410000 255000
CAULFIELD 1914000165000013220001180000 75 5.810850001150000 16580001172500 -3208250017010001715000 ^945000
CAULFIELD EAST 150000011675001168000866000 61 4.8750000760000 1372500845000 4174850013225001300000 ^ ^855000
CAULFIELD NORTH 2290000187500014800001420000 75 5.813300001350000 21000001415000 7220500019600002181000 ^1200000
CAULFIELD SOUTH 1690000137500012000001007500 75 5.8890000930000 14880001050000 -7172000016000001517500 850000
CHADSTONE 1132000925000823500670500 75 5.8595000625000 1000000719000 -5122900010500001017500 ^570000
CHARLEMONT 157000560000560000560000 0 NA560000560000 465000560000 2540000455000560000^ ^ -
CHARLTON 136000179500131000125000 65 5.1123000117000 147000120000 -2215000150000160000 ^89000
CHELSEA 914000730000580000585500 78 5.9545000525000 857500577500 -5880000905000890000 483000
CHELSEA HEIGHTS 750000598000513000445000 85 6.3440000454000 750000465000 -4825000778000641000 405500
CHELTENHAM 1171000866000775000696000 74 5.7635500644000 1035500695000 -612000001105000940500 595500
CHELTENHAM EAST 982500770000670000630000 76 5.8545000580000 940000600000 01020000940000867500 ^533000
CHELTENHAM
NORTH1025000750000662000651000 56 4.5570000581500 858000584000 -7967500925000900000 ^550000
CHEWTON 320000369000296000258000 100 7.2230500255000 439500312500 1576000435000403500 ^ ^ ^220000^ ^
CHILTERN 238500220000187500189000 -2 -0.2208000202000 223500171500 -14265000260000250000 ^227000
CHIRNSIDE PARK 735000542500490500449500 69 5.4435500464000 685000450000 -2752500700000627000 406000
CHUM CREEK 534500435000500000400500 98 7.1334000402000 575000350000 -5567500603000418000 ^ ^ ^ ^ ^ ^290000
CHURCHILL 175000172500178500172000 24 2.1176500170000 185000182000 3230000180000182000 150000
CLARINDA 866000682500606500530000 71 5.5475500530000 815000525000 2835000800000751000 ^476000
CLAYTON 1255000976000750000650500 97 7.0572500617000 1100500645000 -12112100012550001010500 ^560000
CLAYTON NORTH 12345001075000850000745500 142 9.2649000619500 1405000630000 5NA13350001100000 580500
CLAYTON SOUTH 850000690000580000550500 80 6.0470500511000 832000522500 -2736500850000755000 ^463000
CLIFTON HILL 13900001085000965000825000 80 6.1801500780000 1352500865000 -1143200013600001220000 ^751000
CLIFTON SPRINGS 419000345000342000318000 74 5.7325000340000 485000336000 3517000472000365000 278500
A Guide to Property Values 2019 | Page 66
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
CLUNES 263000245000237500187500 101 7.2196500199000 330000219000 -4285000345000255000 ^164000
CLYDE 430000397000406000361500 61 4.9272500515000 549000397000 8569500507500435000^ ^ 340000^ ^
CLYDE NORTH 550000410000380000- NA NA395000300000 584500409000 -3596500600000491000 -
COBBLEBANK 374000318000323000- NA NA400000- 480500335500 5465000455500328000 ^ ^ ^ ^ ^- ^
COBDEN 263000178500145000220000 32 2.8186500200000 237000162500 5267500225000177000 ^180000
COBRAM 255000236000230000212000 22 2.0220000207500 272500218000 7304000255000265000 224000
COBURG 1000000778000710000640000 74 5.7594000611000 931000633000 -41140000970000876000 535500
COBURG EAST 861000675000597500544000 76 5.8466500510000 823500560000 -2941000841500762500 469000
COBURG NORTH 821000665000600000533000 79 6.0489500540000 812500538500 0915000814000780000 ^455000
COCKATOO 539500385500365000312000 100 7.2333500325000 580000355000 -2596000591000430000 ^290000
COHUNA 180000175000175000137000 27 2.4140000170000 205000139000 15220500177500157500 161500
COLAC 282500246500235000213000 54 4.4225000215000 315000226500 -2339000320000259500 205000
COLDSTREAM 597500441000405000395000 88 6.5368000377500 635000385000 -4656000660000521000 ^338500
COLERAINE 134000960009500095000 13 1.3109500124000 136000118000 1911000011400090000 ^120000
COLLINGWOOD 1205000914000775000751500 72 5.6734000697500 1050000741000 -512150001110000920000 ^610000
CONNEWARRE 955000800000722500850000 95 6.9810000707500 1345000612500 1210850001200000892000^ ^ ^ ^ ^ ^690000^ ^
COOLAROO 451000302500290000315000 66 5.2278000304000 441000290000 -8480000480000340000 ^265000
COONANS HILL 963000743000732000690000 59 4.8606500630000 902500655000 -31047500927000870000 ^566000
COONGULLA 192000189000205000163000 139 9.1156000250000 335000150000 38310000242000185000^ ^ ^ ^ ^ ^ ^ ^140000^ ^
CORINELLA 391000370000270000325000 29 2.6290000282500 357500330000 -21660000450000325000 ^277000
CORIO 305000240000242000225000 80 6.1230000225000 354000230000 -4365000370000250000 196500
CORONET BAY 325500240000249000245000 78 5.9222500261500 365000251000 6375000345000266000 205000
CORRYONG 180000160000135000128000 66 5.2152500155000 236000166500 45200000162500164000 ^142500
COWES 437500417500358500400000 58 4.7380000372500 560000387500 4525000540000402500 ^355000
COWES WEST 390000329000350000318500 83 6.2345000350000 508500320000 5472500485500353500 277500
CRAIGIEBURN 502500390000362000365000 62 4.9350000360000 530000360000 -3545000547000425000 327000
CRANBOURNE 510000360000331500327000 79 6.0313000325000 500000315000 -7516500540000406000 280000
CRANBOURNE EAST 535000437000410000353000 72 5.6370000368000 565000390000 -2560000574000460000 328000
CRANBOURNE
NORTH541000410000375000355000 78 5.9370000361000 570000370000 -5570000600000455000 320000
CRANBOURNE WEST 510500350000335000310000 84 6.3320000319000 520000330000 -4532500540000410000 282000
CREMORNE 12300001030000886500835000 86 6.4701000735000 1267000821000 -11166500014200001072000 ^682000
CRESWICK 310000265000270000214000 76 5.8245000223000 345000245000 5370000330000292500 196500
CRIB POINT 502500350000339000347500 89 6.6350000330000 527500355000 -5597500555000402000 279000
A Guide to Property Values 2019 | Page 67
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
CROYDON 810000605000525000465000 85 6.3450000465000 732500470000 -7762500787500695000 396500
CROYDON HILLS 875000697000606000549500 76 5.8538000532000 835000571500 -5927500877500730000 ^475500
CROYDON NORTH 872000702500600000527500 75 5.8520000505500 825000540500 -2895000840000790500 ^471000
CROYDON SOUTH 800000600000530000455000 83 6.3436500435500 716000442000 -5706000757500655000 390500
CURLEWIS 430000387000382500- NA NA153000153000 560000387000 13546000495000406500 * ^- *
DALLAS 430000321500295000320000 56 4.5276500305000 451500280000 -8480000490000345000 290000
DALYSTON 273500257000260000271000 87 6.4210000281500 373000245000 22350000305000255000 ^ ^ ^200000^
DANDENONG 619000485000439000430000 74 5.7400000400500 602000405000 -6630000640000555500 346000
DANDENONG
NORTH633500481000415500400000 78 5.9370000395000 605000390000 -5636000640000551000 340000
DARLEY 430000377500360000330000 103 7.3340500325000 520000330500 3535000505000371500 256500
DARTMOOR 750006100012900084000 6 0.658000105000 15750064000 26NA125000115000^ ^ ^ ^ ^ ^ ^ ^ 148000^ ^
DAYLESFORD 502000442500401500372500 103 7.4384500351500 590000385000 7650000550000464000 290000
DEANSIDE 340000--- NA NA-- -- NANA352500- ^ * -
DEEPDENE 2862500275000022150001930000 54 4.418750002046500 27580001981000 2NA26925002600000 1790500
DEER PARK 552500390000365000355000 80 6.0345000357000 550000348000 -5585000580000441000 306000
DELACOMBE 325000290000292000263000 50 4.1285000278500 390000280000 8368000360000319000 260000
DELAHEY 545000400000370000365000 71 5.5360000370000 530000372500 -8602000575000458000 310000
DENNINGTON 345000345000315000329000 29 2.5323500349000 360000320000 1427500355000342500 ^280000
DERRIMUT 635000466000435000395000 77 5.9410000418000 649000417000 6637500615000530000 367000
DERRINALLUM 162000125000174000180000 55 4.5160000157500 22150097000 81158500122500150000^ ^ ^ ^ ^ ^ ^ ^ ^143000^ ^
DIAMOND CREEK 755000580000550000515000 70 5.5490000515000 751500513000 -4749500782500646500 441000
DIGGERS REST 440500325000325000266500 115 7.9279000285000 515000280000 3500000500000360000 ^240000
DIMBOOLA 1225001095009050085500 33 2.990000107500 12000089000 -8129000130000116000 ^90000
DINGLEY VILLAGE 887000690000607000553000 73 5.6515000540000 810000553500 -4940000840500775500 ^469500
DINNER PLAIN 412500359000309000475000 14 1.3410000450000 520000390000 2452500510000400000^ ^455000
DONALD 122000125000120000135000 46 3.9104000165000 135500140000 -7154500145000145000 ^92500
DONCASTER 13800001176000999000795000 82 6.1720000770000 1251500850000 -4126000013000001297500 689000
DONCASTER EAST 13575001113500894500750000 89 6.6682000720000 1190000789000 -3131750012215001230000 630000
DONVALE 1201000964000840000715000 87 6.4681000712500 1121000735000 -513600001182500970000 ^601000
DOREEN 550000440000430000430000 59 4.8450000460000 597500415000 -1606500601000470500 375000
DOVETON 490000348000310500330000 75 5.8290000322000 470000302000 -13494000542500405000 268500
DROMANA 690000552000492000446500 86 6.4451000455000 715500462000 -9680000785500583000 385000
DROUIN 390000320000311000275500 81 6.1290000289000 440000300000 -3470000455000347000 243000
A Guide to Property Values 2019 | Page 68
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
DRYSDALE 436000410000405000355000 87 6.5360000425000 572500385000 12615000510000409000 306000
DUNKELD 210000191500177500180000 7 0.7179000245000 225000210000 -24305000297500207500^ ^ ^ ^ ^ ^ ^210000^ ^
DUNOLLY 179000167500170000120000 77 5.9159000145000 234500182500 14209000206500180000 ^132500
EAGLE POINT 250000335000281500236000 52 4.3237000301500 360000227000 17425000309000267500 ^237000
EAGLEHAWK 295000283000274000226000 50 4.1260000240000 321500264000 2335000315000270000 215000
EAGLEMONT 1963000173000015225001330000 24 2.113435001500000 17990001340000 -8177750019500001895500 ^1455000
EAST BAIRNSDALE 222000202500160000195000 21 1.9190000176500 235000226000 4335000225000212500 ^195000
EAST BENDIGO 335000300000330000262500 73 5.6295000267000 390000285000 23387000318000303500 ^225500
EAST GEELONG 600000440000427000400000 87 6.5395000400000 625000450000 -2760000637000512500 334000
EAST MELBOURNE 3585000275000018500001621000 103 7.324800001737500 34135001790000 28235000026750003655000 ^1680000
EAST WARBURTON 392500305000275000285000 79 6.0282500332500 446500289500 4544500428500369000 ^250000
EASTWOOD 380000335000342000330000 32 2.8332000334000 410000335000 6395000385000357500 ^310000
ECHUCA 320000300000285000271000 45 3.8270000278000 370000285000 1382000365000310000 255000
EDENHOPE 160000115000130000132500 108 7.6106000100000 173000160000 18NA147000144500 83000
EDITHVALE 1058500766000670000616000 97 7.0625000590000 954000615000 -911250001047500930000 ^485000
EILDON 225000208500205000190000 43 3.6185000180000 251500210000 -3282500258000210000 176000
ELLIMINYT 366500318000313000335000 68 5.3323000260000 445000332000 16380000385000364000 ^265000
ELMORE 162000200000176000182500 45 3.8160000188000 235000184000 3235000227500220000 ^162000
ELSTERNWICK 2087500162100013150001240000 78 5.911550001200000 17500001365000 -10200100019550001723500 ^985000
ELTHAM 930000750000670000615000 77 5.9591500625000 925000631500 -2897500942500820000 522000
ELTHAM NORTH 900000758000680000621000 87 6.5580500627000 930000622000 01006000930500850500 496500
ELWOOD 1900000163100014125001350000 74 5.712875001150000 19525001346000 -9175000021400001830000 1120000
EMERALD 660500502000449500433500 77 5.9410500415000 660000440000 -10737500730000545000 372500
ENDEAVOUR HILLS 630500496500432000400000 74 5.7390000400000 620000400000 -5676000651000550000 356000
EPPING 557500400000386500380000 60 4.8365000385000 550000366500 -8560000600000455000 343000
EPSOM 352000340000342500275000 43 3.6315000325000 371500322500 4410000357000340000 260000
ESSENDON 14085001228000942000952000 83 6.2920000895000 1447000870000 -13117500016660001365000 790000
ESSENDON NORTH 1105000808000840000850000 69 5.4686000875500 1100000725000 113275001092500875000 ^651000
ESSENDON WEST 1296000920000785000745000 71 5.5720000742500 1160000720000 -59950001221000962500 ^680000
EUMEMMERRING 517500408500365000378000 69 5.4327500350000 540000353000 -13556500622000450500 ^320000
EUREKA 251500247500259000245000 49 4.1237000257500 360000243500 14315000315500275000 ^ ^241000
EUROA 239000235500230000167000 77 5.9215000185000 309000208000 14327500270000265000 ^175000
EYNESBURY 484000403500390000295000 6 0.6400000360000 558500390500 2540000550000459000 ^525000^
A Guide to Property Values 2019 | Page 69
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
FAIRFIELD 14960001111500945000810000 90 6.7825000800000 1290000915000 -2139000013160001303000 ^677500
FAIRHAVEN 880000897500955000866000 92 6.8990000715000 1395000785000 37140000010200001052500 ^ ^725000 ^
FAWKNER 705500510000444000460000 73 5.6406500439000 665000410000 -8708500720000587500 385000
FERNTREE GULLY 749000599000505000449000 82 6.2429500430500 692000451000 -6742000732500660000 380000
FERNY CREEK 798000621000492500580000 54 4.4456000525000 733000497500 -12925000830000750000 ^475000
FINGAL 1000000857500730000515000 138 9.1600000700000 1240000677500 -814150001350000840000^ ^ ^520000^ ^
FITZROY 162500013000001130000805500 79 6.0918500880000 1392500945000 -4113550014500001600000 ^780000
FITZROY NORTH 145000011800001014000900000 86 6.4868000855000 1377500976000 -7159000014750001279000 740000
FIVEWAYS 525000380000315000318500 52 4.2343500290000 485000355000 -11490000542500417500 ^320000
FLEMINGTON 1100000830000730000670000 72 5.6652000655000 1000000735500 81107500926500918000 ^580500
FLINDERS 1525000839000808000760000 155 9.8710000822000 1670000765000 -2130000016975001225000 ^655000
FLORA HILL 335000321000323500266000 64 5.1309000285000 370000310000 5389000352500325000 225000
FLOWERDALE 310000255000172500180000 24 2.1250000286500 290000292500 -26420000390000237500^ ^ ^ ^ ^ ^ ^234500^ ^
FOOTSCRAY 882000690500645000574000 60 4.8568000568000 810000600000 -10920000899000775000 505000
FOREST HILL 1060000892000720500620000 79 6.0565000560000 900000650500 -41004000935000933500 ^503000
FOSTER 320000325000315000265000 46 3.9269500265000 325000298000 -3362500333500315000 ^222000
FRANKSTON 600000426000372000367000 84 6.3340000357000 580500350000 -4611500605000475000 315000
FRANKSTON NORTH 470000297000269000280000 78 6.0245000277000 423000255000 -16455000502000352000 237000
FRANKSTON SOUTH 815500620000560000530000 80 6.1510000533500 817500535000 -4785000855000690000 453000
FRASER RISE 540000465000490000- NA NA634500- 598000455000 -3635000615000483000 ^ - ^
FYANSFORD 610000688000478000- NA NA310000425000 617500386500 -5750000650000592500 ^ ^ ^ ^ ^ ^ ^- ^
GARDEN CITY 1650000132000010550001062500 53 4.3965000912500 13750001055000 -9NA15075001440000 900000
GARDENVALE 1880000134800011800001200000 111 7.79560001133000 17400001150000 -5NA18300001857500^ ^ ^ ^ ^ ^ 825000
GARFIELD 419000370000355000342500 96 7.0335000345000 540000405000 0585000540000405000 ^275000
GEELONG 735000607500512000465000 85 6.3463000475000 720000500000 -4750000750000590000 ^390000
GEELONG WEST 656500490000469000385000 94 6.9410000405000 675000440000 -5780000711000543500 347500
GEMBROOK 565000440000400000340000 117 8.0349000385000 650000344000 7630000610000525000 ^300000
GISBORNE 655000550000510000399000 109 7.6429500430000 730000496000 -5720000770000635000 350000
GLADSTONE PARK 645000460000400000426500 80 6.0380000385000 636500392500 1660000630000525000 354000
GLEN HUNTLY 141500013500001135000919000 65 5.1792500805000 1380000977500 13NA12250001330000 835500
GLEN IRIS 2025000180000015000001320000 88 6.512000001200000 19295001310000 -1186000019400001935000 1026500
GLEN WAVERLEY 13400001212500960000735000 92 6.8720000718000 1270000815000 -2123500013000001220500 660000
GLENGARRY 310000286000283000250000 44 3.7232000231000 324000232500 8342500300000277500^ ^ ^ ^225000^
A Guide to Property Values 2019 | Page 70
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
GLENROWAN 300000225000239000286000 58 4.7246000290000 372500230000 41NA265000272500 ^ ^ ^ 236000
GLENROY 740000560000500000508500 67 5.2437500457500 700000454000 -3740000725000600000 420000
GOLDEN BEACH 209500180000172500150000 44 3.7206000229000 220000169500 -2310000225500212500 ^152500
GOLDEN POINT
(BALLARAT)305000259000265000250000 76 5.8250000258000 370000265000 6385000347500295000 210000
GOLDEN SQUARE 320000306000305000262000 52 4.3285000270000 340000295000 2352000334000315000 223000
GORDON 404000290000303000270000 89 6.5229500300000 495000278500 23649500402500330000^ ^ ^ ^ ^ ^262500 ^
GOUGHS BAY 257500265000247500193000 64 5.0220000180000 299500257500 -13500000345500235000 ^ ^183000
GOWANBRAE 790000573000557500535000 56 4.5467500555500 700500616500 -4820000727500619000 ^450000
GRANTVILLE 339500250000255000260000 82 6.2245000235000 397500215000 -1421000402500272500 ^218000
GREEN LAKE 280000281500254500230000 26 2.3250000247500 290000262500 7361000270000305000^ ^ ^230000
GREENSBOROUGH 830000635000574000530000 81 6.1490500519000 797500534000 -2832500815000717000 440000
GREENVALE 650000500000539500517500 50 4.2537000545000 715000550000 -1728000720000510000 476000
GROVEDALE 432000370000362000335000 73 5.6340000345000 505000352000 2551500495000400000 292000
HADFIELD 740500550000500000530000 74 5.7430000486000 727500461500 -2712500740000624500 417500
HALLAM 580000424000380000365000 70 5.5360000360000 560000362500 -11590000630000460500 328500
HALLS GAP 280000245000224500257500 35 3.0233500255000 310000184500 -13400500355000272500 ^230000
HAMILTON 190000200000200000203500 13 1.2189000217500 208500192500 -7250000225000217000 185000
HAMLYN HEIGHTS 500000382500366500345000 83 6.2339500348000 540000363500 -1560000545000415000 295000
HAMPTON 2022500165000013400001295000 72 5.612000001282500 18960001270000 0165000019050001800000 1101000
HAMPTON EAST 13400001020000862500813000 83 6.2732500747500 1195000770000 -3125250012300001200000 ^655000
HAMPTON PARK 505000370000337500333000 70 5.5320000335000 502000330000 -9532000550000410000 295000
HARKNESS 419500350000340000310000 68 5.3329000336500 475000330000 -2470000485000360000 283000
HASTINGS 507500365000368000355000 69 5.4347000350000 506000345000 -3555000519500400000 300000
HASTINGS WEST 425000289500277000265000 87 6.5282500272000 430000280000 -10561000480000338000 229500
HAWTHORN 2650000191650016065001430000 77 5.914050001330000 21955001575000 -12257800024880002240000 1237500
HAWTHORN EAST 2350000185000015540001400000 79 6.013000001250500 20500001247500 -7185750022150001890000 1142500
HEALESVILLE 550000445000400000361500 85 6.4380000380000 579500385500 -4574000601000457000 312500
HEATHCOTE 275000240000260000217000 75 5.8220000200000 332500227500 7357500310000268500 190000
HEATHERTON 981000771000712000625000 70 5.4630000632000 965000630000 3890000935000845000 ^569000
HEATHMONT 925000760000638000539500 100 7.2525000509000 871000589000 -7910000932000789000 ^435000
HEIDELBERG 12800001060000840500815000 54 4.4750000770000 1122500772500 1130200011075001150000 ^730500
HEIDELBERG
HEIGHTS843000676500564500560000 72 5.6500000537500 777500536500 -5752500820000750000 ^452000
HEIDELBERG WEST 730500580000461000475000 78 5.9400000420000 665000425500 -5790000700000630000 ^374000
A Guide to Property Values 2019 | Page 71
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
HEPBURN 440000395000330000317000 44 3.7275000310000 452500291000 6485000425000375000 ^ ^ ^315000 ^
HEPBURN SPRINGS 515000380000350000298000 73 5.6310000308000 595000340000 21559000490000414000 ^343500
HERNE HILL 490000368500357000321000 91 6.7321000325000 534000350000 -3560000550000402000 ^280000
HEYFIELD 178500182500180000155000 26 2.3171500175000 195000200000 -6227500206500195000 155000
HEYWOOD 164000173000150000172000 19 1.8153000167500 178000142000 7176500166000160000 ^149000
HIGHETT 1318500992500850000760000 89 6.6682500711000 1229500750000 -4135000012750001175000 650000
HIGHTON 622500505000510000437000 79 6.0460000450000 690000477500 1697000681000555000 385000
HILLSIDE (MELTON) 620000470000440000420000 81 6.1425000415000 642000430000 0652500645000526500 355000
HOPETOUN 92000750009550063000 -10 -1.18100055500 6600088000 -231425008600080000 ^ ^ ^73500^
HOPPERS CROSSING 516000365500340000327500 87 6.4312500328000 528500321500 -4545000552000415000 283000
HORSHAM 262500240000215000187000 53 4.3220000210000 269000215000 5260000255000245000 176500
HUGHESDALE 14200001165000856000838000 66 5.2741500740000 1150500820000 -10148000012775001222500 ^695000
HUNTINGDALE 1132000835000728000642500 63 5.0590000610000 914000659000 -1012780001010000924500 ^560000
HUNTLY 335000355000325000269500 41 3.5215000250000 367500337500 3372500357500340000^ ^ ^ 261000^ ^
HURSTBRIDGE 714000547500482000491000 74 5.7445000457500 700000482000 -4740000731000614500 ^402000
INDENTED HEAD 455000382500385000360000 88 6.5430000347000 606000390000 5728500575500395000 ^321500
INGLEWOOD 182500200000145000170000 42 3.6186500208500 185000160000 3250000180000152500^ ^ ^ ^ ^130000
INVERLEIGH 472500355000321500230000 110 7.7246500365000 503000319500 -5500000528500360000^ ^ ^ ^ ^ ^240000^
INVERLOCH 495000425000440000422500 56 4.6420000450000 592500431000 -1649000598000442500 379000
INVERMAY PARK 391000405000387000337500 56 4.5370000363500 475000378000 2497000465000377500 ^305000
IRONBARK 280000292500280000232000 31 2.7280000287000 296000277000 -8465500320000365000 ^226500
IRYMPLE 291000268000228500213500 77 5.9215000228000 380000248000 23365000310000255000 215000
IVANHOE 1515000112500012030001032500 92 6.7907500980000 15400001100000 -4142250016000001400000 802000
IVANHOE EAST 1975000154250015130001415000 84 6.312000001300000 17650001310000 -8199000019140001764500 ^958000
JACANA 571500375000342500391000 60 4.8310500345000 512500334000 -8510000555000423000 ^320500
JACKASS FLAT 299000350500360000275000 27 2.4357500255000 331500287500 7345000310000345500^ ^ ^262000^ ^
JAMIESON 266500258500210000242500 61 4.9267500215000 311500205000 17345000265000220000 ^ ^ ^193500
JAN JUC 850000615000595000542500 86 6.4570000587500 870000555000 -4860000905000716000 ^467000
JEERALANG NORTH 248000175000187500152000 46 3.8159500129000 235000145500 39296000169500140000^ ^ ^ ^ ^ ^161500 ^
JEPARIT 66500890006300066000 21 2.059000101500 8100080500 58800077000124000^ ^ ^66500^
JUNCTION VILLAGE 436000370000320000314500 75 5.7300000287500 483500312000 -5467500509000389000^ ^276500
JUNORTOUN 512500417500508500420000 23 2.1465000425000 530000490000 5589000506500490000 ^ ^431500
KALIMNA 276500300000285000265000 10 0.9268000312500 292500230000 -10325000326500270000 ^266500
A Guide to Property Values 2019 | Page 72
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
KALKALLO 529500180000450000215000 0 NA272500375000 532500450000 -3540000550000432500^ ^ ^ * ^ ^ - ^
KALLISTA 676000523000465000450000 71 5.5452500482000 700000425000 -5564000737500567500 ^410000
KALORAMA 670000496000451000440000 84 6.3420000440000 645000442500 -6642000686500533000 ^350000
KANGAROO FLAT 310000303000300000252000 46 3.9284500270000 340000292500 5370000325000300000 233000
KANGAROO
GROUND SOUTH853500650000655000679500 58 4.7631000606500 815500615000 -121080000930000670000 ^515000
KANIVA 1575001000008750094000 77 5.88700090000 16950075000 3137500164000120000 ^96000
KEALBA 595000400000390000385500 90 6.6375000372500 596000370000 -3600000612000470000 ^313500
KEILOR 845000703000633000603000 64 5.1592500570000 836500572500 3830000815000805000 ^510000
KEILOR DOWNS 667500496500429000423000 70 5.5400000405000 630000403500 -5650000664000562000 ^370000
KEILOR EAST 843000651000599000580000 84 6.3527500587500 835000560000 1858000830000720000 454000
KEILOR LODGE 760000555500500000460000 78 6.0480000520000 740000490000 3NA715000607500 ^ 415000
KEILOR PARK 741000565000512500514500 74 5.7480000501000 708000455000 -8660000770000650000 ^407500
KENNINGTON 372000334000345000295000 41 3.5300000306000 373500351500 -3411000383500355000 265000
KENSINGTON 1022500822000730000676000 72 5.6650000650000 980000690000 -411500001020000908000 570000
KERANG 160000152000145000147500 15 1.4150000150000 170000152000 -4160000177000167000 147500
KEW 2320000208000019500001650000 62 5.015000001650000 22550001751000 -4220000023375002200000 1390000
KEW EAST 1876000160000013140001085000 97 7.010050001056000 18370001210000 2190500018000001655000 ^ ^932000^
KEW NORTH 1905000166500013010001174000 95 6.99955001071000 18330001260000 -1230750018525001805000 ^940000
KEYSBOROUGH 745000559500456500417500 97 7.0425000430000 740000435000 -4745000768000650000 375000
KIALLA 390000367500365000335000 41 3.5318500360000 450000360000 8420000418000374000 320000
KILCUNDA 504000400000320000350000 82 6.2350000330000 533000375000 8662000496000480000^ ^ ^ ^ ^ ^292500 ^
KILLARA
(WODONGA)400000360000344000212500 113 7.9116500212500 453500351000 8413000420000425000* ^ ^ 212500^ ^
KILMORE 387500336500319000327500 59 4.7312000325000 435000327500 -1467500440000333000 273500
KILSYTH 699000548500460000432500 74 5.7415000430000 642500435000 -6700000686000620000 370000
KILSYTH SOUTH 845000676000575000515500 74 5.7501000520000 761500542500 -8848000826000738000 ^438500
KINGLAKE 458000340000318000280000 109 7.7310000306500 555000330000 16630000480000346000^ ^265000
KINGS PARK 532500355000325000340000 79 6.0324000330000 510000315000 -7537500550000415000 285000
KINGSBURY 731000560000502500519000 57 4.6437500475000 660000470000 -10700500730000610000 ^421000
KINGSVILLE 1020000785000703500630000 85 6.3597500599500 1010000635000 2875000990000925000 ^546500
KNOXFIELD 870000681000580000471000 81 6.1465000480000 760000500000 -7829000815000740000 420000
KOO WEE RUP 450000345000335000297000 96 7.0320000334500 550000315000 8510000510000400000 ^280000
KOONDROOK 247500198500155000239500 53 4.3165000150000 212500147500 -21215000268000165000 ^139000^
KOROIT 325000296000300000236000 64 5.1290000266000 345000275000 -1341000349000294000 ^210000
A Guide to Property Values 2019 | Page 73
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
KORUMBURRA 292000262500222500234000 49 4.1240000237500 319000236000 0378000317500257500 214000
KURUNJANG 370000289500280000288000 74 5.7281000300000 420500287000 -3440000435500310000 241500
KYABRAM 239000240000235000209500 35 3.0217500200000 263000237000 1270000261000234000 195000
KYNETON 495000425500400000330000 121 8.2370000370000 595000369000 8620000550000455000 269500
LAKE BOGA 182500245000143500187000 60 4.8200000212500 239000200000 9211500220000222500 ^149000
LAKE GARDENS 461500461000445000387000 58 4.7385000400500 552500445000 -4635000575000485000 ^350000
LAKE TYERS BEACH 362500330000354000286000 52 4.3274000285000 357500270000 19400000300000268500 ^235000
LAKE WENDOUREE 790000685000650000550000 107 7.6545000627500 836500634000 8995000775000700000 ^404000
LAKES ENTRANCE 281500255500254000256500 19 1.8251500300000 310000269500 -5320000328000280000 260000
LALOR 625500445000385000387000 76 5.8360500380000 590500365000 -6627500625000499500 335000
LANCEFIELD 415000360000362000281000 92 6.7315000321000 500000377500 10510000456000360000 ^260500
LANG LANG 390000316500295000260000 95 6.9277500310000 495000285000 4530000475000355000 ^254000
LANGWARRIN 600000450000420000395000 86 6.4375000387500 617500385000 -4644000642500503000 332000
LARA 430000348000340000325000 77 5.9335000327500 495000350000 -4552500515000355000 280000
LARA LAKE 450500375000398000340000 78 5.9355000355000 540000363500 2542000527000395000 303000
LAUNCHING PLACE 490000366000337500355000 95 6.9340000343500 554000330000 4520000531000435000 ^284000
LAVERTON 535000377500358000353000 71 5.5320000340000 529000325000 -9542500579000429500 ^310000
LAVERTON SOUTH 610500450000422500410000 75 5.8390500400000 622500392500 -4665000646000528500 ^355000
LEARMONTH 315000222500253500210000 53 4.3245000260000 331000220000 1307000327000250000^ ^ ^ ^ ^ ^ ^ ^ ^217000^ ^
LENEVA 397500370500372500394000 31 2.8382000362000 426000361500 10455000387500376000 ^ ^ ^324000^
LEONGATHA 320000305000295500285000 45 3.8289000282500 367000300000 2386000360000305000 253000
LEOPOLD 447000365000366500346000 65 5.1350000340000 510000360000 2540000500500407000 309000
LILYDALE 710500534000480000438500 74 5.7420000456000 680000469000 -4708500708000633500 390000
LINTON 255000152000208000152500 46 3.9187500168500 256500163500 8337500236500202500 ^ ^ ^ ^ ^ ^ ^175000^ ^
LISMORE 155000115000109000110000 31 2.7132500145000 144500110000 9237500132500141500 ^ ^ ^ ^ ^110000 ^
LOCH SPORT 182000145000153500170000 62 4.9165000165000 244000166000 6220000230000178000 151000
LOCKINGTON 149000220000174000158000 79 6.0165000146500 222000175000 21NA183000196000^ ^ ^ ^ ^ ^ 124000^ ^
LONG GULLY 257000244000255000210000 56 4.5220000220000 280000230000 4269500269000240000 180000
LONGWARRY 378000307000297500262500 64 5.1286500275000 405000289500 -1475500408500335000 ^246500
LORNE 1150000895000815000800000 72 5.5800000840000 1295000840000 216250001275000765000 755000
LOVELY BANKS 460000388500406500365000 61 4.9402000385500 570000360500 9445000525000470000 ^ ^ ^353500
LOWER PLENTY 980000770000675000650000 53 4.4615000587500 905000680500 -1414915001055000900000 ^590000
LUCAS 349500389000355000- NA NA292500- 431000348000 9502500395000345000 ^ - ^
A Guide to Property Values 2019 | Page 74
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
LUCKNOW 261500230000229000234000 21 1.9200000247500 275000235000 -2502500280000244500 ^ ^227500
LYNBROOK 595000500000460000412000 64 5.1415000424500 623000430000 -3617500640000542500 380000
LYNDHURST 625000550000482500435000 86 6.4450000440500 665000465000 -4687500695000585000 357000
LYSTERFIELD 995500780000670000640000 93 6.8643500642500 956500681500 -2940000976500857500 ^496000
LYSTERFIELD SOUTH 1300000101850010000001027500 27 2.4830000895000 1045000931500 -18NA12750001240000 ^ ^ ^ ^ 821000^ ^
MACEDON 696000532500460000473000 108 7.6525000434500 800000490000 -2725000815000585000 ^385500
MACLEOD 950000755000705000645000 86 6.4555000600000 914500647500 -1967000920000868000 491000
MACS COVE 240000189000185000161000 80 6.0175500176000 300000244000 11NA269500225000^ ^ ^ ^ ^ ^ ^ ^ 167000^ ^
MADDINGLEY 395000332500320000292500 78 6.0308000300000 460000316500 4515000442000346000 258000
MAFFRA 251500230000215000230500 28 2.5235000230000 255000229000 -2293000261500258000 200000
MAIDEN GULLY 471000430000415000385000 52 4.3422500408500 512500440000 3480000495500477000 ^336500
MAIDSTONE 825000630000587500563500 68 5.3499000540000 779000535000 -3715000800000694000 465000
MALDON 426500339000325000280000 108 7.6272500267500 510000315000 21395000420000395000 ^245000
MALLACOOTA 345000288500285000300000 49 4.1267500263000 406500285000 40402500290000325000 ^272500
MALMSBURY 447000397500317500314000 92 6.7332500300000 475000292500 3560000462000344000 ^247500
MALVERN 2750000223000019460001741500 64 5.115500001542500 25500001508500 -4235500026610002328500 ^1552000
MALVERN EAST 1838500161000013800001188000 86 6.410390001120000 17700001200000 -7161000019000001729000 952000
MANANGATANG 40000425006400070000 14 1.37800040000 9700058500 181100008200044500^ ^ ^ ^ ^ ^ ^ ^ ^85000^ ^
MANIFOLD HEIGHTS 721500489500489000401000 74 5.7425000449000 715000532500 -91437500785500620000 ^410500
MANOR LAKES 490000385000360000348500 72 5.6345000360000 535000340500 2555000526000417500 311500
MANSFIELD 385000367500347000280000 82 6.2315000301500 456000364000 6394000430000359000 250000
MARENGO 670000577500382500540000 88 6.5450000502500 687500750000 15810000597500599000^ ^ ^ ^ ^ ^ ^ ^365000^ ^
MARIBYRNONG 1056000837500750500705000 62 4.9646000645000 987500714000 -49550001028500940000 610000
MARONG 348000364000345000257500 92 6.7312500285000 420000310000 15375000365000330000^ ^ ^ ^219000^
MARSHALL 430000377000382500367500 64 5.1365000322500 486500360000 4465000468000400000 ^297000
MARYBOROUGH 194000192500200000160000 55 4.5184000180000 235500194000 3245000229500206500 152000
MARYSVILLE 383000320000125000340000 93 6.8145000395500 462500180000 -3NA477500332500^ ^ ^ ^ ^ 240000^ ^
MCCRAE 775000597500535000560000 88 6.5555000623000 795000530000 -6770000847500689000 424000
MCKENZIE HILL 471500429500140000350000 43 3.6465000394000 536500397000 8538000495000475000^ ^ ^ ^ ^ ^ ^375000^ ^
MCKINNON 172000015000001220000970000 77 5.9944000925000 15250001025000 -2187500015550001657500 ^862500
MEADOW HEIGHTS 451000350500322500345000 57 4.6315000321500 472500317000 -7481500510000370000 300000
MELTON 368500255000240000250000 77 5.9250000256000 385000245000 -7390000415000280500 217500
MELTON SOUTH 377000260000238000248500 81 6.1230000247000 390000230000 -6400500417000275500 215000
A Guide to Property Values 2019 | Page 75
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
MELTON WEST 409000295000290000285000 72 5.6283000300000 424000285500 -6475000453000330000 247000
MENTONE 1097500950000810000680000 72 5.6665000692500 1028000705000 -59725001080000982500 598500
MENZIES CREEK 640000580000428000482500 99 7.1465000475000 682500515000 -10680000760000597000 ^ ^ ^ ^343000
MERBEIN 183500180000167000161000 39 3.4142500157000 210000140500 17198500180000170000 ^151000
MERINDA PARK 471500345000310000300000 72 5.6285000305000 477000310000 -9545000523000385000 ^277000
MERNDA 525500410000370000390000 58 4.7374500397000 552000375000 -4535000573500430000 350000
MERRIJIG
(MANSFIELD)420000292500390000287500 27 2.4272500342500 422500332500 -8NA461000344000 ^ ^ ^ ^ 332500^
METUNG 347500299000287500302000 63 5.0350000267500 425000337500 14450000371500360000 ^260000
MICKLEHAM 500000385000168000- NA NA-- 525000213000 1545000520000437000 ^ -
MIDDLE PARK 2370000231700021250001512500 108 7.614205001345000 27050001587500 2355500026500002238500 ^1300000
MILDURA 264000252000245000220000 51 4.2225000222000 310000225500 10317500281500260000 205000
MILL PARK 668500480000430500420000 79 6.0405000410000 654000408000 0681000657000560000 366000
MILLGROVE 343000275000260000234000 92 6.7235000235000 415000245000 1440000411000293500 216500
MINERS REST 370000335000327500320000 53 4.3325000339000 428000330000 7434000400000334000 280000
MINYIP 94000930009500085000 32 2.88100082500 11450073500 41950008100082500 ^ ^86500
MIRBOO NORTH 264000262000250000244000 42 3.6252000257000 327500265000 7371500307500275000 ^230000
MITCHAM 1070000886000730000635000 87 6.4584500595000 942000650000 -610855001000000941000 505000
MITCHELL PARK 263000260000267500257000 37 3.2270000247500 313000267000 3325000304500259000 ^ ^229000
MOE 175000162500170000150000 56 4.5165000165000 210000155000 5232500200000173000 135000
MONBULK 608000471500425000420000 94 6.8380000392500 630000395000 -3633500650000521500 325500
MONT ALBERT 2100000186300014900001310000 56 4.611775001310000 16800001316000 -16205000019900001921000 ^1073500
MONT ALBERT
NORTH156500014000001100000965000 74 5.7780000850500 1380000995000 -4172000014350001490000 ^792000
MONTMORENCY 890000732000614000580000 81 6.1561000560000 856000570000 -8904500926000780500 474000
MONTROSE 700500559000476500440000 84 6.3426000435000 707500445000 -4711000737500625000 385500
MOONEE PONDS 13100001006000920000852500 92 6.7775000780500 1300000830500 -4130000013600001110500 678500
MOORABBIN 1160000855000768000710000 78 6.0631000657000 1050000682000 -712110001127500980000 ^588500
MOOROOLBARK 726000558500465000445000 81 6.1425000435000 670000440000 -7710500720000620000 370000
MOOROOPNA 225000230000215000222000 21 2.0217500215000 249000207500 8265000230000215500 205000
MORDIALLOC 1120000850000755000650000 76 5.8642500660000 1010000680000 -313900001046500933000 ^575000
MORNINGTON 800000641000558000512000 87 6.5501500525000 800000525000 -6825000850000745000 427500
MORTLAKE 170000120000152500150000 7 0.7152000146000 164000129500 -1160000165000152000 ^153000
MORWELL 170000150000150000152500 29 2.5150500158500 180000160000 8177000167000153000 140000
MOUNT BEAUTY 258000189500200000195000 63 5.0140000173000 294000180000 10290000267500183000 ^180000
A Guide to Property Values 2019 | Page 76
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
MOUNT CLEAR 345000322500288000265000 68 5.3305000287000 396500286000 5415000379000345000 236000
MOUNT
DANDENONG847000612500610000476000 47 3.9476500447500 662000450000 2785000647500641000 ^450000
MOUNT DUNEED 500000545000532000267000 11 1.1480000190000 563000286000 1565000555000425000^ ^ ^ ^ 505000^ ^
MOUNT ELIZA 1137500832000777500732000 85 6.4680000725000 1157500750000 -512800001220000950000 625000
MOUNT EVELYN 640000493500428500390500 87 6.5393000400000 636000406000 -5705500671500551000 340000
MOUNT HELEN 376000342000368000311000 36 3.1325000355000 418500344000 0472500420000355000 307500
MOUNT MACEDON 665000635000600000520000 63 5.0543000512500 775000662500 -101036000859000750000 ^476500
MOUNT MARTHA 1050000780000745000691000 107 7.5715500690000 1252500727500 412300001202500965000 605000
MOUNT PLEASANT 293000293500269500239000 79 6.0259000248500 377500276500 8400000350000297500 ^211000
MOUNT WAVERLEY 14200001268000950000806000 83 6.2733000745000 1267000820000 -4135000013200001265000 691500
MULGRAVE 900500765500627000550000 76 5.8533000531000 840000577500 -2928000860000786000 478500
MURCHISON 254500165000155000175000 47 3.9183000165000 244500186000 9358500225000187000 ^166500
MURRUMBEENA 14200001204000982500835000 64 5.1785000822000 1241500870000 -8149500013500001286000 ^755500
MURTOA 1150009100011000085000 29 2.6108500133000 11900095000 813250011000097500 ^92500
MYRTLEFORD 265000242000245000179000 66 5.2220000219000 315000220000 7327500295000270500 190000
NAGAMBIE 330000360500378000351500 97 7.0255000248000 414000312500 7425000385000336000 ^210500
NARRE WARREN 590000430000386000369000 84 6.3356000364000 590000370000 -4602500615500487500 321500
NARRE WARREN
NORTH1108000773000822500710000 67 5.2660000730000 1075000685000 -911850001180000900000 ^645000
NARRE WARREN
SOUTH620000476000440000405000 73 5.7405000405000 625000410000 -2643000636500530000 360500
NATHALIA 232500178000190500155000 39 3.3205000150000 229000165000 9227500210000185000 ^165000
NATIMUK 249500161000145000120000 16 1.5116000142500 148500166000 -6370000158500165500 ^ ^ ^ ^ ^ ^128500 ^
NEERIM SOUTH 320000280000336500240000 50 4.1265000260000 394000340000 -3655000406500330000 ^262500
NELSON 249500257500203500266500 32 2.8205000240000 247500224000 -3210000255000220000^ ^ ^ ^ ^ ^ ^187000^ ^
NERRINA 570000522500482500381000 106 7.5467500387000 617500455000 7625000575000517500 ^ ^300000
NEW GISBORNE 625000498000510000465000 88 6.5475000492000 695000500000 -8715000757500545000 ^369000
NEWBOROUGH 220000220000215000192500 48 4.0213500186000 256000213000 2252000250000224500 173000
NEWCOMB 375000290500292000280000 90 6.6275000275000 435000280000 -4464000455000310000 229000
NEWINGTON 422500345000341000290500 95 6.9300000290000 495000320000 6585000465000372500 ^253500
NEWLANDS ARM 380000332500302000300000 59 4.7325000332000 444000320000 21397000367500380000 ^ ^280000
NEWPORT 1080000825000740000655000 88 6.5630000680000 1055000695000 010100001060000950000 560000
NEWSTEAD 420000365000297500237500 121 8.2252000243000 436000300000 39409500313000362000^ ^ ^ ^197500^ ^
NEWTOWN
(GREATER 780000642500620000559500 96 7.0527500533000 825000570000 -21005000843000712500 421000
NHILL 126500128000125000101500 10 1.0110000107000 137000110000 -8107500149000140000 124000
A Guide to Property Values 2019 | Page 77
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
NICHOLS POINT 346000370000304000217500 39 3.3232000311500 430000316500 -9435000470000396000^ ^ ^ ^ ^ ^ ^310000 ^
NIDDRIE 1095000832500747500740000 80 6.0666000742500 1070000700000 08450001070000910000 ^595000
NOBLE PARK 680000510000440000415000 80 6.0382000410000 629000400000 -8653000680000600000 350000
NOBLE PARK NORTH 640000491500420000415000 74 5.7370000395000 610000383000 -8656500660000563000 ^350000
NOOJEE 155000290000174500220000 11 1.1206500200000 224000167000 -12411500255000208000^ ^ ^ ^ ^ ^ ^ ^ ^201500^ ^
NORLANE 290000216000215000190500 118 8.1206500203000 349000202500 -2366500355000236500 160000
NORTH BENDIGO 302000286000280000218000 58 4.7267000230000 325000271000 5363500310000279000 206000
NORTH GEELONG 422000335000301000308000 102 7.3286500292500 500000277000 1653500495000338500 ^247000
NORTH
MELBOURNE1390000926000832000805000 114 7.9775000750000 1297500802500 10113500011825001200000 ^605000
NORTH
WONTHAGGI293000275000268500285000 47 3.9256000287000 389000230000 5390000369000259500 265000
NORTHCOTE 13250001008500935000822000 94 6.9786000780000 1300000818000 -3126500013450001190000 669000
NOTTING HILL 993000780000660000563000 81 6.1547000525500 875500566500 -91527000957500872500 ^485000
NUMURKAH 219000219000215000178000 47 3.9200500190500 252500195000 12232000225000195000 171500
NUNAWADING 1090000880000721500641000 86 6.4591500585000 950000637500 -41185000986000970000 511000
NYAH WEST 13350014650010750097500 -4 -0.511650070000 8500094000 -37110000135000130000^ ^ ^ ^ ^89000 ^
NYORA 260000245000265000237500 103 7.3225000216500 370000222500 9472000340000300000^ ^ ^ ^ ^ ^182500 ^
OAK PARK 872000660000626000641000 66 5.2540000590000 840000576500 -4703000878500822500 ^505000
OAKLEIGH 12100001002000801500741000 78 5.9645000700000 1101000753500 -1299000012500001050000 ^619000
OAKLEIGH EAST 1200000995000820000675000 70 5.5610000640000 942000672000 -5935000992500983000 ^553500
OAKLEIGH SOUTH 1030000830000700000630000 70 5.5590000615000 908000603000 -5983000960000890000 533500
OCEAN GROVE 637000516500515000427500 81 6.1465000479000 695000459000 1682500690000555000 385000
OFFICER 480000375000339000385000 62 4.9429000396000 550000342000 0585000550000440000 340000
OFFICER SOUTH 283000--- NA NA-- 686000- 20864000569500- ^ ^ ^-
OLINDA 705000553500520000452500 98 7.0445000520000 748000496000 -2690000760000620000 ^378500
ORBOST 159000145000150000181000 20 1.8150000151500 185500156000 12200000165000162500 155000
ORMOND 161800013000001187500970000 82 6.2857500912500 1467500997500 -8156500016000001550000 ^808000
OSBORNE 735000580000540500468000 84 6.3507500488500 780000530000 3815000757000640000 425000
OUYEN 13000010550077500103000 -10 -1.0116500110000 9900075000 611400093000130000 ^110000
PAKENHAM 470000367000350000335000 59 4.7335000340000 485000335000 -7520500520000400000 305000
PARADISE BEACH 180000188500178000152500 18 1.6212500159500 200000163500 1249000199000200000 ^ ^ ^170000 ^
PARK ORCHARDS 145000012250001103000945000 79 6.0953000942500 1460000952500 -1172000014800001335000 ^814000
PARKDALE 1300000965000860000755000 85 6.3677000756000 1155000760000 -7120050012450001100000 625000
PARKVILLE 2375000136050015250001335000 14 1.313600001100000 14800001200000 -39165750024300002130000 ^1300000
A Guide to Property Values 2019 | Page 78
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
PASCOE VALE 891000720000655000609000 69 5.4540000575000 858500580000 -5920000901000805000 508000
PASCOE VALE
SOUTH975000745000701000655000 72 5.6629000612500 950000645500 -1929500955000840000 ^551000
PATTERSON
GARDENS885000739000672000582500 76 5.8610000605000 920000620000 3935000890000812000 ^523000
PATTERSON LAKES 1021500787500734000621000 75 5.8730000625000 923000645000 -1013000001022500810000 526000
PAYNESVILLE 335000302500300000290000 23 2.1290000323500 339000283000 -4380000353000308000 275000
PEARCEDALE 607000470000445000390000 104 7.4425000405000 670000385000 2695000657500534000 ^328000
PENSHURST 125000191000132500147500 16 1.583000165000 165000144000 0130000165000152000^ ^ ^ ^ ^ ^142500^ ^
PETERBOROUGH 315000296500307500291500 57 4.6333000410000 419000287500 -7425000450000340000 ^ ^ ^ ^ ^ ^267500^ ^
PIONEER BAY 271500240000220000235000 68 5.3235000197500 310000200000 1319000308000216000 ^ ^ ^184500 ^
PLENTY 1145000915500750000900000 82 6.2770000730000 1301000773000 -49590001350000935000 ^715000
POINT COOK 592000465000445000435000 60 4.8435000445000 640500450000 1650000631500505000 400000
POINT LONSDALE 775000655000707500695000 49 4.1700000670000 827500700000 -1890000840000641000 555000
POOWONG 286000240000218000210000 138 9.0185000208000 443000215000 41285000315000325000^ ^ ^ ^ ^ ^ ^186500^ ^
POREPUNKAH 447000323000280000320000 108 7.6285000276000 535000347000 15467500464500330000^ ^ ^257500 ^
PORT ALBERT 270000197500190000250000 44 3.7235000180000 250000262500 4461000240000218500^ ^ ^ ^ ^ ^173500
PORT FAIRY 500000447500425000392000 90 6.6410000380000 630000400000 -3632500651000473500 331500
PORT FRANKLIN 280000277500173500216000 41 3.5232000205000 302500190000 18323500257000207500^ ^ ^ ^ ^ ^ ^ ^ ^215000^ ^
PORT MELBOURNE 149750012525009175001017500 63 5.0960000915000 1375000995000 -8178000014880001380000 845000
PORT WELSHPOOL 247500200000244000205000 69 5.4266000195000 315000201500 7365000295000380000 ^ ^ ^ ^ ^ ^ ^186000 ^
PORTARLINGTON 515000409000414500380000 79 6.0389000425000 621500390000 -3619000640000460000 347500
PORTLAND 230000220000210000220000 37 3.2227500236500 267500235000 14320000234500220000 195000
PORTLAND NORTH 360000330000248000115000 23 2.1226500215000 276000300000 -25541000367500340000^ ^ ^ ^ ^ ^225000^ ^
PORTSEA 1925000180000013050001387500 77 5.913980001625000 19500001195000 -11251500021800001701000 ^1100000
PRAHRAN 152750013500001175000940000 72 5.6932500955000 1510000990000 -4178500015780001436000 879000
PRESTON 996000791000690000615000 81 6.1580000602000 936500632500 -41010000980000882000 518000
PRINCES HILL 1767500128000012100001027500 134 8.9928500967500 20350001216500 23137550016500001555000 ^871000
PYRAMID HILL 112500112500117000122500 19 1.710000091000 120000112500 20115000100000112500^ ^ ^ ^ ^ ^101000^ ^
QUARRY HILL 362000377500355000295500 57 4.6300000292500 395000385000 -3369000407500349000 ^251500
QUEENSCLIFF 763000700000695000680000 64 5.1697500590000 950000630000 0990000950000795000 ^579500
RAINBOW 82500680007700070000 9 0.86900071500 7500062000 -24775009900059500 ^ ^ ^69000^
RAWSON 146500147000100000157000 0 0.0141500161000 156000160500 -5120000164000151000^ ^ ^ ^ ^ ^ ^ ^156500^
RAYMOND ISLAND 289500285000280000277500 24 2.2310000262500 300000297500 -17525000360000330000 ^242000
RED CLIFFS 223500175000157500160000 50 4.1157000170000 217500163000 3240000211500165000 145000
A Guide to Property Values 2019 | Page 79
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
REDAN 287500247000245000230000 81 6.1237000227500 357000250000 8365000330000255000 197000
RESEARCH 950000686000685000614500 73 5.7622500657000 930000605500 21515000915000825500 ^536500
RESERVOIR 816000615000541000520000 74 5.7468500500000 750000510000 -5827000790000710000 430000
RHYLL 527500402000482000410000 41 3.5400000415000 565000393000 -14510000657500460000 ^400000
RICHMOND 13025001150000961000875500 73 5.6823000825000 1255000900000 -4122000013110001265000 726000
RIDDELLS CREEK 580000456500417500387500 124 8.4380000449000 695000450000 3680000675000500000 ^310000
RINGWOOD 910500777500660000553500 79 6.0503500506000 813500551000 -10899000900000837500 455500
RINGWOOD EAST 901000750000612000530500 83 6.2490000520000 809000547000 -8975500881000806000 442000
RINGWOOD NORTH 960500783500662000580000 78 6.0564000569000 871000631000 -5870000920000844000 488500
RIPPLESIDE 671500640000530000590000 117 8.1414000510000 810000585000 8768500750000739000 ^ ^372500
ROBINVALE 198500184500160000145000 22 2.0176000136000 225000150000 2198500220000170000 ^185000
ROCHESTER 242500235000215000155000 46 3.8210000185000 255000189500 8250000236000239000 ^175000
ROCKBANK 446000300000280000237000 131 8.7262000251000 497000309000 -1480000500000347000 ^ ^ ^215000^
ROMSEY 470000420000396000350000 92 6.7367500360000 580500387500 6627500550000428000 302500
ROSANNA 1175000905000781500706000 78 5.9652500725000 1042500717500 -511225001100000980000 ^586000
ROSEBUD 536000389000365000355000 77 5.9350000360000 545000366000 -8587500590000445000 308000
ROSEBUD SOUTH 647500514500500000419500 96 7.0450000460000 682500425000 -4842500710000546000 347500
ROSEDALE 255000197000215000185000 50 4.1208500189000 247000215000 -12210000280000230000 ^165000
ROWVILLE 867000710000617500540000 75 5.8530000527500 820500570000 -2801500840000778000 467500
ROXBURGH PARK 515000400000385000371000 59 4.7355000360000 540000365000 -1577500546000435000 340000
RUSHWORTH 192500177000158000156500 32 2.8190000155000 197500161000 0185000198000200000 ^150000
RUTHERGLEN 262000230000195000175000 59 4.8235000207000 280000232000 4330000270000255000 ^176000
RYE 658000488000460000436000 82 6.1422000440000 690000425000 -2700500705000550000 380000
SAFETY BEACH 780000595000516500497500 92 6.7551000553000 785000515000 -8980000849000665000 409000
SAILORS GULLY 232000235000262500213500 45 3.8257500265000 280000253000 -3211000290000225000 ^ ^ ^ ^192500
SALE 300000298000300000276500 30 2.7274000291500 325000290000 6341000308000295500 250000
SAN REMO 497000420000407000445000 53 4.4402500411000 554500410000 8670000515000460000 ^362000
SANCTUARY LAKES 629000570000482500465000 36 3.1512500475000 620000480000 -2600000630000503000 455500
SANDHURST 730000617500549000460000 131 8.7510000509000 815000545000 -3785000837500678500 353500
SANDRINGHAM 1870000149000013050001200000 60 4.811750001202500 16500001210000 -11177000018500001760000 1032500
SANDY POINT 407500370000380000338000 37 3.2355000375000 410000352500 0517500410000359000 300000
SASSAFRAS 775500562000556000507000 88 6.5397500497500 805000632500 7768000750000653500 ^427500
SCORESBY 878500661000570000488000 94 6.8480000472000 767000509000 -8790000835000700000 ^396000
A Guide to Property Values 2019 | Page 80
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
SEA LAKE 70000950007500062500 54 4.465000112000 10000080000 -911750011000075000 ^ ^65000 ^
SEABROOK 635000456000402500415000 79 6.0403500407500 626500422500 -7655000672500509000 350000
SEAFORD 700500475000450000412500 85 6.3392500415000 655000419000 -6681500695000581500 355000
SEAHOLME 1157500802500670000565000 54 4.4600000630000 1020000641000 012700001015000872500 ^663000
SEASPRAY 215000240000164000239000 83 6.2192500165000 265000152000 26443000210000175000 ^ ^ ^145000^ ^
SEBASTOPOL 256000244500235500226000 49 4.0239500228000 315000242000 9350000289500248000 212000
SEDDON 982500830000730000645500 86 6.4670000620500 960000675000 -610380001018500934500 515000
SELBY 600000469500420000407000 56 4.6410000421500 601500420000 -6680000637500527500 ^385000
SEVILLE 611500450000397500387500 85 6.3380000380000 620000400000 -2625500634500511500 ^335500
SEVILLE EAST 482500395000350000342500 83 6.2342500364500 580000339500 5NA551500440000^ ^ 317500
SEYMOUR 277000225000213000215000 63 5.0220000190000 300000220000 2300000295000242500 184000
SHEPPARTON 261000250000243000251000 23 2.1240000242500 282000247000 3283000275000265000 228500
SHEPPARTON
NORTH347000348000375000360000 0 NA284000330500 393000346000 18453000334000361000^ ^ ^ ^ ^ ^- ^
SHOREHAM 970000903000620000581000 117 8.0618000585000 1500000607000 2915600001160000868500 ^ ^ ^ ^692500
SILVERLEAVES 515000484000460500497500 59 4.7505000500000 618500508000 -14571000721000446500 ^ ^390000 ^
SKENES CREEK 517000491500435000500000 48 4.0532500370000 667500465000 15855000580000520000^ ^ ^ ^450000
SKIPTON 187500137000117500152000 82 6.2149000160000 200000155000 25212000159500169000 ^ ^ ^ ^110000 ^
SKYE 570000430000413000375000 82 6.2390000385000 600000395000 -2630000611000480000 330000
SMITHS BEACH 458500455000390000442500 92 6.7430000380000 624500372500 6560000589000470000 ^325000
SMYTHESDALE 315000225000207500210000 167 10.3207500259000 340000260000 17121000290000250000^ ^ ^ ^ ^ ^ ^ ^ ^127500^ ^
SOLDIERS HILL 423500310000341000265000 111 7.8292500278000 480000283000 7548000447500375000 227500
SOMERS 820000696500755000615000 92 6.7692500615000 950000657500 7835000888500755500 ^495000
SOMERVILLE 580000425000395000370000 84 6.3360000375000 600000385000 -2603000615000465000 326000
SORRENTO 1300000859000795000850000 115 8.0730000905000 1465000770000 6136000013775001130000 680000
SOUTH DUDLEY 233500221500200500235500 61 4.9216500230000 339000192000 26297500270000256000 ^ ^ ^ ^ ^210500 ^
SOUTH GEELONG 650000425000470000420000 83 6.2430000382500 702500420500 4687500676000495000 ^384500
SOUTH KINGSVILLE 980000742000671000650000 69 5.4610000620000 859000619500 -149900001000000903000 ^509000
SOUTH MELBOURNE 152000013100001200000960000 48 4.0930000925000 13550001030000 -8141250014650001595000 918500
SOUTH MORANG 610500450000420000411000 71 5.5420000410000 625500415000 -1655000635000502000 365000
SOUTH YARRA 2015000168000014500001375000 37 3.212380001125000 17675001352500 -4181750018510001875000 1293000
SPOTSWOOD 1027500795000640000635000 89 6.6655000602500 960000680000 -1111350001080000917500 ^507000
SPRING GULLY 390000350000350000294000 30 2.7340000320000 386500345000 -3375000400000350000 ^296000
SPRINGVALE 750000629500530000490000 82 6.2448000470000 743000451500 -5800000780000685000 408000
A Guide to Property Values 2019 | Page 81
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
SPRINGVALE SOUTH 720000562000475000450500 81 6.1408000420000 678000430000 -6712000720000630000 374000
ST ALBANS 621000428000373500385000 90 6.6348000387000 590000350000 -6590000626500500000 310000
ST ALBANS PARK 379000329000330000298000 57 4.6307500310000 422000335000 -6445000450000331000 268500
ST ANDREWS BEACH 855000560000495000495000 78 5.9714000550000 930000480000 3992500902500695000 ^522500
ST ARNAUD 145000141000145000131000 40 3.4123000125000 175000140000 21155000145000142500 ^125000
ST HELENA 893500711000623000562000 85 6.3550500570000 905000612500 -1990000910000800000 ^490500
ST KILDA 155100011640001225000930000 94 6.8861000860000 1600000892000 -9127150017550001305000 ^825000
ST KILDA EAST 1460000138250010375001041000 81 6.1993000962500 15600001050500 -4170950016200001677500 ^861000
ST KILDA WEST 2380000201300022350001925000 53 4.312625001700000 20785001142500 7NA19425001797000 1360000
ST LEONARDS 469000375000357000350000 97 7.0363000389000 562500350000 -2501000571500421500 285000
STANHOPE 181000152500131000160000 31 2.7175000152000 174000150000 8180000161500147000^ ^ ^ ^ ^ ^ ^133000^ ^
STAWELL 188000177000172500155000 30 2.7167000147000 189000162500 -1220000190000177000 145000
STRATFORD 265000260500261500207500 38 3.2267500242500 316500230000 23320000258000272500 230000
STRATHDALE 380000410500380000331000 52 4.3361000369500 453500392500 8543000420000445000 297500
STRATHFIELDSAYE 455000408000397500357000 56 4.6359000370000 476500377000 7533500444000425000 305000
STRATHMERTON 140000190000172500165000 30 2.7164500107500 195000166000 4NA187500182500^ ^ 150000^
STRATHMORE 1230000997500865000870000 75 5.7800000820000 1310000827500 -399500013575001140000 ^750000
STRATHMORE
HEIGHTS970000700000640000598500 71 5.5605000700000 800000621000 -10650000885000808000 ^ ^466500
STRATHTULLOH 359000425000440000- NA NA191000- 515000350000 21449500425000430000 ^ ^ ^ ^ ^ ^- ^
STUDFIELD 957500785000617500525000 89 6.6480500470000 811000532500 -10870000906000853000 ^430000
SUNBURY 492000370000360000343000 80 6.1350000360000 535000355000 -2555000545000395000 297000
SUNDERLAND BAY 357500287000333000315000 60 4.8265000280000 412000324500 -9511000455000360000 ^257000
SUNNYCLIFFS 228000185000307500109000 18 1.720000070000 239000195000 10245000218000220000^ ^ ^ ^ ^ ^202500^ ^
SUNSET STRIP 345000301500310000286000 84 6.3286500286500 460000301500 18510500390000340000 ^250000
SUNSHINE 765000530500483500458000 85 6.3400000430000 720000435000 -2830000735000675000 390000
SUNSHINE NORTH 651000495000425500425000 75 5.8395000420000 630000400000 -8652500682500560000 ^360000
SUNSHINE WEST 639500450000395000400000 84 6.3375000391500 635000384500 0648000635000520000 344500
SURF BEACH 425000355000360000332000 77 5.9350000350000 510000375000 6510000480000414000 ^289000
SURREY HILLS 2170000175000014500001204000 86 6.411215001212000 18865001323000 -1165000019000001800500 1012000
SWAN HILL 252000248000230000230000 21 1.9225000225000 285000225000 7315000267000262500 235500
SYDENHAM 590000440000415000399000 62 4.9415000420500 599500425000 -3600500620000505000 370000
SYNDAL 158500015050001160000880500 101 7.2778000850000 1524500950500 0214750015300001410000 ^760000
TALLANGATTA 275000233000200000186000 39 3.3185000175000 251500154000 3325000245000216000 ^181000
A Guide to Property Values 2019 | Page 82
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
TARNEIT 515000400000395000360000 71 5.5356000369000 555000370000 -2549000568500445000 325000
TATURA 262000233000237500220000 42 3.6229500215000 276500230000 11275000250000228000 194500
TAWONGA 265000235000375000265000 96 6.9231000260000 460000310000 30370000354000275000^ ^ ^ ^ ^ ^ ^ ^ ^235000^ ^
TAWONGA SOUTH 254000257500235000216000 63 5.0255000230000 400000219500 29377500310000298000^ ^245000
TAYLORS HILL 686000530000510000425000 87 6.5480000420000 702500487500 -3680500723000600000 375500
TAYLORS LAKES 720000561500510000467500 78 6.0477500500000 748500490000 -2742500763500635000 420000
TECOMA 709000510000478000400000 77 5.9412000427500 662500415000 -5727500700000601500 ^375000
TEMPLESTOWE 14150001180000951500805000 75 5.8811000804000 1276500865000 -2155300013080001270000 727500
TEMPLESTOWE
LOWER13020001060000830000730000 71 5.5670000711500 1080000750000 -6121500011500001105500 630000
TERANG 188500206500195000179000 24 2.2155000160000 190000161500 -2203500194000150000 ^153500
THE BASIN 610000550000463500430000 88 6.5410000400000 695000430000 2801000682500595000 ^370000
THE HONEYSUCKLES 265000160000190000177500 118 8.1215000236000 336000214000 16262500290000237000^ ^ ^ ^ ^ ^ ^ ^ ^154000^ ^
THE PATCH 665000505000486500444500 94 6.8417500470000 755000393500 3NA730000570500 390000
THOMASTOWN 653000436000420000418000 67 5.3365000400000 592000390000 -7629000636000493000 354500
THOMSON
(GREATER 365000290000290000270000 86 6.4273500281500 400500282000 -3425000411000308500 ^215000
THORNBURY 1225000918000840000720000 88 6.5715500690000 1135000729000 -1115800011450001079500 602500
THORNHILL PARK 447000--- NA NA-- 535000- 1550000530000720000 ^ ^ ^-
TIMBOON 220000240000210000187000 28 2.5212500211500 260000184000 5405000247000215000 ^ ^ ^202500 ^
TONGALA 200000165000179000158500 48 4.0175000154000 234500185000 -15212500275000204000 ^158500
TOONGABBIE 286500235000261500260000 22 2.0212500230000 270000234000 -4225000280500315000 ^ ^ ^ ^221000
TOORA 190000230000155000175000 77 5.9210000220000 275000171500 14222500241500195000 ^ ^ ^ ^155000 ^
TOORADIN 599000471000480000420000 121 8.3380000365000 700000420000 0535000702000411000 ^317000
TOORAK 5100000398750033910002590000 61 4.927750002617500 43610002875000 -7450000047000004900000 ^2710000
TOOTGAROOK 591000405000402500370000 84 6.3390000373500 580000387000 -3550000600500460000 315000
TORQUAY 720000620000580000533000 73 5.6565000563500 820000580000 1800000810000665000 475000
TRAFALGAR 333500310000311000248500 84 6.3285000271500 397500283000 6420000375000312500 216000
TRARALGON 288500273000275000257000 41 3.5260000270000 325000269000 9311000298000268500 230000
TRARALGON EAST 455000432500440000388000 24 2.1402500405000 470000435000 11474500425000445000 ^380000
TRAVANCORE 14150001000000848000673000 76 5.8810000672000 1125000905000 -24NA14750001305000^ ^ ^ ^ 640000 ^
TRENTHAM 475000422500340000300000 159 10.0331500287000 614000407500 2632500603000455000 ^237500
TRUGANINA 519500391000390000345000 77 5.9341500357000 575000360000 0580000574500430000 325000
TULLAMARINE 655000472500412000440000 61 4.9393500420000 612000395000 -8645500665500530000 ^380000
TYABB 510500395000366000347000 99 7.1372500350500 580500370500 6560000548000430000 ^292500
A Guide to Property Values 2019 | Page 83
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
TYLDEN 412500350000410000322000 129 8.6325000347500 492500338500 -2505000500000372500^ ^ ^ ^ ^ ^ ^215000^ ^
UPPER FERNTREE
GULLY685000515000500000427500 84 6.3410000400000 642500435000 -8700000700000582000 ^350000
UPWEY 680000515000476000415000 85 6.3422500415000 702500425000 -1792500710000585000 380500
VENTNOR 465000423500377500380000 40 3.4363500365000 535000370000 9560000490000420000 383500
VENUS BAY 262500236000237000239000 39 3.3238500265500 330000242500 8350000305000258000 238000
VERMONT 1057500855000725000610000 80 6.1571000552500 937000610000 -41038000979000900000 520000
VERMONT SOUTH 12005001000000815000694500 98 7.1654500674000 1166500722500 1122000011500001082500 590000
VIEWBANK 1000000829500725000631500 75 5.8589000604500 920000630000 -1980000933000920000 ^524500
VIOLET TOWN 217000200000199500172500 60 4.8204500170000 287500215000 19279000242500238500 ^180000
WAHGUNYAH 270000267000213500245000 87 6.5244000190000 355000190000 48395000240000290000 ^190000
WALKERVILLE 275000247000230000235000 90 6.6280000229500 334500279000 26285000266500283500 ^ ^ ^ ^ ^ ^176000^ ^
WALLAN 425000362000356500330000 66 5.2335000350000 477500341500 -3485000490000375000 288000
WALLAN EAST 410000309500306000292500 96 6.9317000305000 450000310000 -8445000489000352500 230000
WANDANA HEIGHTS 645000590000582000540000 67 5.2557500592500 766500540000 10990000700000592500 ^460000
WANDIN NORTH 665000480000439500411000 87 6.5379000380500 627500407500 -6695000665000496500 ^335000
WANGARATTA 270000272000255000241000 40 3.4240000240000 319000240000 0325000320000270500 228500
WANTIRNA 953000764000667500545000 89 6.6515000528000 860000576000 -6921000915000801000 455000
WANTIRNA SOUTH 1005000829000676500575000 85 6.3542500582000 988500579000 -110850001000000875000 535000
WARBURTON 418000325000315000300000 99 7.1300000315000 515000310000 4530000495000366000 ^259000
WARNEET 485000395000355000332500 86 6.4284000295000 512500337000 -4600000534000390000 ^ ^275000
WARRACKNABEAL 11300011000011000088000 31 2.7105000115000 118000107500 5123000112500123500 ^90000
WARRAGUL 364000342000320000280000 86 6.4300000295000 460000315000 2470000449000340000 247000
WARRANDYTE 1042500829000760000635000 72 5.6620000657000 987500640000 -119500001110000890000 ^575000
WARRANWOOD 945000790000665000633500 69 5.4654000632500 935000603000 -78900001010000865000 ^553000
WARRNAMBOOL 330000330000323000320000 25 2.3316500320000 370000325000 6391500350000320000 295000
WATERWAYS 1127500902000845000604000 137 9.0682000688000 1270000667000 14147500011100001050000 ^535000
WATSONIA 835000607500555000505000 71 5.5462000500000 736000505000 -7765000795000698000 ^431000
WATSONIA NORTH 790000635000572500529000 67 5.3462000470500 726500510000 -6770000775000702500 ^435000
WATTLE GLEN 620000569000500500490000 73 5.6527000569500 778500475000 -4918000810000580000 ^ ^450000
WAURN PONDS 530000480000470000435000 71 5.5452500421000 641500446500 3575000621500501000 ^375000
WEDDERBURN 155000110000137500140000 98 7.1122500123000 138500154000 7125000130000150000 ^ ^ ^70000^ ^
WEIR VIEWS 440000389000388000- NA NA407000- 462500327500 -2465000471000418000 ^ - ^
WENDOUREE 267500250000247000230000 63 5.0236500235000 335000243000 3365000326000252500 205000
A Guide to Property Values 2019 | Page 84
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
WENDOUREE WEST 200000207500165000186000 58 4.6167500166000 257500200000 5300000245000185000 ^163500
WERRIBEE 470000335000315000308500 94 6.8300000315000 510000308500 0510000510000403000 263500
WERRIBEE SOUTH 620000680000585000399000 77 5.9440000436000 744500538000 1590000735000519000 ^420000^
WESBURN 455000395000288500330000 91 6.7290000327000 530000312500 14665000463500455000^ ^ ^ ^ ^278000^ ^
WEST FOOTSCRAY 890000697000637500558500 65 5.1532500525000 787500553000 -10852500875000798000 478000
WEST MELBOURNE 13700001005000916000816000 42 3.6720000885000 1085000905000 -21150000013700001104500 ^762000
WEST WODONGA 321000306000296000283000 29 2.6267500275000 342500272500 7394000321000308500 265000
WESTALL 765000610000550000510000 76 5.8475500490000 730000513500 -9739000802500696000 ^415000
WESTGARTH 138300013000001100000891500 97 7.0840000951000 1505000920000 -12160000017075001500000 ^765000
WESTMEADOWS 566000470000419000410000 79 6.0377500397500 620000386500 0534500620000500000 346000
WHEELERS HILL 1160000999000805000686500 64 5.1669000650000 1009000740000 -10125500011185001050000 615000
WHITE HILLS 300000297500306000253500 50 4.1275000265000 330000280000 5315000313500305000 220000
WHITTINGTON 316500280000262000245000 82 6.2252000265000 377500259000 -4409500395000265000 ^207500
WHITTLESEA 469500400000375000345000 75 5.8365000372500 577500375000 0593500577500448500 330000
WILLAURA 100000129500112000110000 11 1.19800097000 11000080000 -615650011750085000^ ^ ^ ^ ^ ^ ^99000^ ^
WILLIAMS LANDING 600000510000450000367500 86 6.4450000371000 660000470000 -4670000685000530000 355000
WILLIAMSTOWN 14400001120000970000884000 69 5.4901000900000 1350000920000 -6157000014300001282500 800000
WILLIAMSTOWN
NORTH1024000862500803500680000 83 6.2680000839000 915000768000 69550008600001135500 ^500000
WIMBLEDON
HEIGHTS334000291500310000299000 49 4.0290000259000 386500271500 -6405000410000299000 ^260000
WINCHELSEA 357000262000287500235000 109 7.6268500260000 430000287000 10525500391000267000 ^206000
WINDSOR 14250001094000956500900000 73 5.6818000824000 1350000835000 -5150100014225001505000 ^781500
WINTER VALLEY 375000365000360000325000 42 3.6353500329000 435000344500 7485000405000362500 ^306000
WODONGA 341500295000296500262000 38 3.3255500279500 330500282500 -6356500350000315000 240000
WOLLERT 530000430000395000425000 43 3.7410000450000 577500400000 1593500570000460000^ 403000^
WONGA PARK 962500735000673500620000 67 5.2622500672500 1111000674500 -310010001150000801000 ^667000
WONTHAGGI 289000260000251000275000 50 4.1229000257500 375000230000 11370000339000265000 250000
WOODEND 560000482500460000480000 120 8.2430000475000 747500470000 12620000665000460000 339500
WOOLAMAI
WATERS418000340000381500340000 77 5.9350000350000 495500349500 5570000469500377000 ^280000
WOORI YALLOCK 480000358000317000300000 83 6.3315000312000 510000330000 -2527500520000391500 278000
WY YUNG 328000290000285000289000 30 2.6325000288500 349000285000 11323000315000333500 ^269000
WYCHEPROOF 10000010000010300086000 23 2.19650086000 14150095000 1317000012450082500^ ^ ^ ^115000^
WYE RIVER 718500530000646500760000 105 7.4557500680000 1300000813000 4910425008700001025000 ^ ^ ^ ^ ^ ^635000^ ^
WYNDHAM VALE 436000325000306000296000 78 5.9286500290000 465000288500 -3468500480000365000 261000
A Guide to Property Values 2019 | Page 85
Locality Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
Median House Prices 2009 - 2019
09-19
(%)
Change
2019
Growth
PA
09-19
(%)
2009
YACKANDANDAH 446000300000318000289500 121 8.3272500290000 497500327500 5NA472500392500 ^ 225000^
YALLAMBIE 781000665000580000507000 79 6.0471000506000 792500532500 -2950000810000713500 ^442500
YALLOURN NORTH 180000153000149500145000 59 4.8161000139000 191000135000 10142500173500165500 ^120000
YARRA GLEN 620000530000460000415000 81 6.1395000425000 670000420000 0815000670000540000 ^370000
YARRA JUNCTION 535000417500357500352500 99 7.1397000365000 582500406500 2528000570000422500 292000
YARRAGON 280000284000297000206000 109 7.6266000255000 410000258000 5434000390000300000 ^196500
YARRAM 225000245000202500166000 33 2.9215000195500 240000190000 10260000218000230000 ^180000
YARRAVILLE 1000000810000710000647000 79 6.0613000607000 971000696000 -79500001045000900500 541000
YARRAWONGA 324500300500297000297000 39 3.3300000270000 375000302500 9398000345000320000 270000
YEA 386500260000255000240000 104 7.4255000270000 435500260000 11416500392500305000 ^214000
YINNAR 270000182500240000280500 39 3.4221500208000 255000220000 4237500245000230000^ ^ ^ ^183000
A Guide to Property Values 2019 | Page 86
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
¯0 5 102.5 Kilometers
Municipality - 1 Year Change in Median House Price (Metro)
% Change
≤8
≤6
≤4
≤2
≤0
≤-2
≤-4
≤-6
≤-8
Warrnambool
Hindmarsh
Loddon Towong
Moira
Indigo
Wodonga
Baw Baw
Yarriambiack
MorningtonPeninsula
Yarra Ranges
ColacOtway
Murrindindi
Horsham
SurfCoast
Cardinia
Bass Coast
Swan Hill
Campaspe
Buloke
NorthernGrampians
Gannawarra
BenallaStrathbogie
GreaterGeelongGlenelg
SouthernGrampians
Wellington
Ararat
Latrobe
GreaterBendigo
Mitchell
Pyrenees Hepburn
GreaterShepparton
Moorabool
CentralGoldfields
Wangaratta
Mansfield
Mildura
Moyne
Golden Plains
Corangamite
WestWimmera Alpine
East gippsland
MacedonRanges
MountAlexander
Ballarat
% Change
≤21
≤18
≤15
≤12
≤9
≤6
≤3
≤0
≤-3
≤-6
≤-9
≤-12
¯ 0 50 10025 Kilometers
Municipality - 1 Year Change in Median House Price (Non-Metro)
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
¯0 5 102.5 Kilometers
Municipality - 10 Year Change in Median House Price (Metro)
% Change
≤120
≤115
≤110
≤105
≤100
≤95
≤90
≤85
≤80
≤75
Warrnambool
Hindmarsh
Loddon Towong
Moira
Indigo
Wodonga
Baw Baw
Yarriambiack
MorningtonPeninsula
Yarra Ranges
ColacOtway
Murrindindi
Horsham
SurfCoast
Cardinia
Bass Coast
Swan Hill
Campaspe
Buloke
NorthernGrampians
Gannawarra
BenallaStrathbogie
GreaterGeelongGlenelg
SouthernGrampians
Wellington
Ararat
Latrobe
GreaterBendigo
Mitchell
Pyrenees Hepburn
GreaterShepparton
Moorabool
CentralGoldfields
Wangaratta
Mansfield
Mildura
Moyne
Golden Plains
Corangamite
WestWimmera Alpine
East gippsland
MacedonRanges
MountAlexander
Ballarat
% Change
≤110
≤100
≤90
≤80
≤70
≤60
≤50
≤40
≤30
≤20
≤10
¯ 0 50 10025 Kilometers
Municipality - 10 Year Change in Median House Price (Non-Metro)
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
ABBOTSFORD 583000530000575000501500 -22 -2.4555000521000 517500545000 -4560000537500588000 660000
ABERFELDIE 832500555000490000500000 74 5.7511500587500 950000550000 25420000760000510000 ^545000
AIRPORT WEST 590000470000460000425500 57 4.6442500442500 608000474000 0675000605500535000 ^387500
ALBERT PARK 662500850000863000790000 38 3.3851000727000 915000657500 -3020400001300000850000 ^662000
ALBION 301000213500298000265000 22 2.0226000241500 261000229000 -25360000350000246500 ^214000
ALFREDTON 290000254000233500220000 49 4.1308000258000 277000197500 15230000242000285000 ^186000
ALPHINGTON 643500582500695500487000 113 7.9469000685000 713500522000 4839000685500735500 ^335000
ALTONA 630000550000465000420000 69 5.4412500440000 625000485000 -5650000660000620000 369000
ALTONA EAST 601000545000503000334500 53 4.3512000460000 630000470000 -7776000675500567500 ^ ^412000
ALTONA MEADOWS 440500353500320000330000 59 4.7306500347000 472500327500 3455000457500365000 ^298000
ALTONA NORTH 635000530000472000460500 64 5.0465000480000 630000450000 -3621000650000532000 385000
ANGLESEA 670000461500527500450000 91 6.7462500540000 755000405000 9NA690000570000 ^ 395000
APOLLO BAY 415000375000332500385000 42 3.6350000340000 534000390000 42436000375000415000 ^ ^375000
ARARAT 133500170000185000126000 53 4.4250000240000 207000172000 -1186000209000191500 ^ ^135000
ARDEER 472500350000318000325000 74 5.7329500315000 531000295000 8504000491000380000 ^ ^305000
ARMADALE 775000840000605000540000 31 2.7547500540000 634000570000 -3655000650000779000 485000
ASCOT VALE 550000522500500000498000 20 1.9438000495500 516000470000 1595000512000501000 ^429500
ASHBURTON 12150001015000734000576000 85 6.4655000735000 1144500675000 2412330009225001200000 ^617000
ASHWOOD 880000701500627000495000 60 4.8540000540000 875000614500 0752000874000811000 ^546500
ASPENDALE 900000604000570000515000 49 4.0479500467500 690500475000 -14774500800000685000 465000
AVONDALE HEIGHTS 500000447500468000420000 64 5.1420000495000 628000462000 14685000550000512500 ^382000
BACCHUS MARSH 305000279000295000250000 88 6.5275000260500 393000255000 34331500294000287000 ^209000
BAIRNSDALE 225000216000212000193500 10 1.0192500215000 215000186500 0245000215000211500 ^195000
BALACLAVA 590000494000460000477500 33 2.9475500450000 565000470000 -4610000588500596500 425000
BALLAN 340000315000283000217000 53 4.4306500283000 337000330000 -14325000390000320000 ^ ^ ^ ^ ^ ^ ^ ^220000
BALLARAT CENTRAL 255000267000246500212000 44 3.7220500216000 270000236500 -3455000278000275500 ^187500
BALLARAT EAST 272500267000251500213500 39 3.4247000231500 299500215000 6329500282500230000 ^215000
BALLARAT NORTH 226500241000245000241000 38 3.2212500230000 275000229500 6225000259000228000 ^200000
BALWYN 799000815000595000652500 52 4.2545000605500 875000600500 28556000685000667000 577500
BALWYN NORTH 950000972500735000675000 39 3.4605500665000 1010000772500 112230001000000991500 726500
BARWON HEADS 805000640000625000510000 152 9.7635000575000 938000590000 411390000665000626000 ^372500
BAYSWATER 562500450000387000385000 75 5.7363000380000 581000360000 -1540000585000460000 332500
BAYSWATER NORTH 520000409000354000332000 66 5.2320000326000 480000322500 -9512500525000444500 290000
BEACONSFIELD 463000400500355500330000 69 5.4322000304000 454000417500 -1425000460000398000 ^269000
BEAUMARIS 940000896500769000690000 22 2.0757500725000 887500760000 -112800009000001018500 ^730000
BELL PARK 343000293000297500289500 51 4.2291000272500 397500310000 1382000392000316000 ^264000
BELLFIELD (BANYULE) 614500527500516000498500 75 5.7500000462500 655000507500 -2602500665000477500 ^ ^ ^ ^ ^375000 ^
BELMONT 356000310000298000275000 67 5.2269500280500 419000295000 8471000388500300000 251500
A Guide to Property Values 2019 | Page 91
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
BENALLA 185000186000180000180000 33 2.9176000170000 210000167500 14186500185000181500 158000
BENDIGO 281500282500308500290500 2 0.2234500260000 275000279500 -6270000291500285000 ^270000
BENTLEIGH 650000570000590000602000 25 2.2521000568500 655000575000 0630000655000617500 525000
BENTLEIGH EAST 690000677500633000581000 47 3.9501000565000 746000605500 -2807000760000715000 507000
BERWICK 492000425000380000347500 49 4.1360000365000 522500350000 1520000515000427000 351500
BITTERN 433000355000302500350000 85 6.3344500330000 471500330000 -5520000497500340000 ^ ^ ^255000 ^
BLACK HILL 285000245000255000255000 27 2.4222000280500 282500254500 9222000260000186500 ^ ^ ^ ^ ^222500
BLACK ROCK 945000820000700000668500 43 3.7630000632500 950000704000 -1610090001125000880000 663500
BLACKBURN 593500591000523000495500 51 4.2515000485000 685500489000 5620000650000598500 454500
BLACKBURN NORTH 790000715500600000537500 73 5.6476000520000 760500526000 9690000700000715000 ^440000
BLACKBURN SOUTH 722500648500592000540500 57 4.6494000519500 760000597000 151080500660000767000 ^485000
BONBEACH 600000464000457000384000 62 4.9368000415000 545000442500 -12550000620000537500 337000
BORONIA 577000432500410000371000 66 5.2365000364000 573000380000 -3587500592500485000 344500
BOX HILL 548500495000485000445000 69 5.4425000410000 519000458000 7480000485000605000 308000
BOX HILL NORTH 858500752000631500550000 83 6.2487000592000 878000557000 19830500740000825000 480000
BOX HILL SOUTH 850000750000648000563000 44 3.7531000508000 713000572500 -2812500726000779000 ^494000
BRAYBROOK 514000441000430000372000 77 5.8350000365000 556000352500 -2600000565000460000 315000
BREAKWATER 317500295000245000175000 41 3.5261500288000 360500308000 2NA352500310000 ^ ^ ^ ^ ^ 255000
BRIAR HILL 670000575000483500461500 60 4.8445500501500 627500453000 -6516000667000641000 ^392500
BRIGHT 349000260000244000253500 86 6.4210000240000 450000209500 31445000342500273000 ^242000
BRIGHTON 975000845000700000765000 63 5.0798000790000 1038000740000 -697000011100001000000 635000
BRIGHTON EAST 965000962000800000692500 72 5.6657500700000 990000687500 51036000940000922500 575500
BROADMEADOWS 368000300000300000337000 35 3.0290000325000 395000280000 -6367000420000330000 292500
BROOKFIELD 335000212500270000153500 86 6.4285000227500 455000270000 14NA400000273000 ^ ^ ^ ^ ^ ^ 245000
BROOKLYN 550000447000423000376000 68 5.3379000377500 567500398500 -6593000605000480000 ^337500
BROWN HILL 255500249000242500225000 36 3.1260000242500 297500251000 4312000285000247500 ^219000
BRUNSWICK 500000495000480000440000 27 2.4430000438500 555000470000 10540000502500500000 438000
BRUNSWICK EAST 571000521000493500480000 8 0.7450000437500 521000510000 -3550000539000510000 484000
BRUNSWICK WEST 473000420000409000410500 37 3.2417000383000 499000395000 11517000450000467000 363500
BULLEEN 789000722500629000523500 51 4.2489000585000 727000607500 -3790000746000773500 480000
BUNDOORA 430000410000406000375000 10 0.9390000425000 400000441000 -9415000438500400000 365000
BUNYIP 310000270000260000246500 56 4.6262500337000 397500335000 59434500250000327500 ^ ^ ^ ^ ^ ^254500 ^
BURWOOD 750000598000590000531000 56 4.6535000490500 740000542500 -1761000745000666000 473000
BURWOOD EAST 857500660000530000518000 50 4.2492000428000 660000572500 5753000626000602500 ^439000
CAIRNLEA 403000429000380000375000 28 2.5372500415000 432500400000 1NA429500392500 ^ ^ ^ ^ ^ 338000 ^
CALIFORNIA GULLY 225000246000210000189000 24 2.1180000171000 188500250000 -29307500265000193500 ^ ^ ^ ^152500
CAMBERWELL 854000730000695000630000 51 4.2595000664500 810000570000 -13855000927500729000 535000
CAMPBELLFIELD 420000355000270000320000 137 9.0255000370000 343000315000 -5472500361000340000 ^ ^ ^ ^144500
A Guide to Property Values 2019 | Page 92
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
CANADIAN 279000270000265000237000 44 3.7256000235000 301500250000 11310000270500250000 ^210000
CANTERBURY 91300012010001050000650000 120 8.2620000785000 1210000745000 24855000975000986000 ^550000
CAPEL SOUND 500000400000346000297500 86 6.4310000315000 540000305000 13495000479000405000 ^290000
CARLTON 421500543000445000309000 68 5.3465000479000 407500410000 -5245500429000530500 242000
CARLTON NORTH 652500560000605000547000 36 3.1467000519000 592000505000 -17700000715000545000 ^435000
CARNEGIE 594500540000535000480000 44 3.7441000460500 621000460500 11570000560000570000 430000
CAROLINE SPRINGS 420000395000410000370000 39 3.3385000401000 465000367000 1486000462500395000 335000
CARRUM 636500521000458500440000 66 5.2420000427500 608000435000 -9628500670000542500 367000
CARRUM DOWNS 387500319000302500300000 60 4.8310000310000 431000310000 0452500430000344000 270000
CASTLEMAINE 332500317500260000257500 84 6.3315000244000 420000311500 6475000396500327500 ^228000
CAULFIELD 719500622000629000570000 38 3.3565000595000 750500550000 -5679000790000722500 ^545000
CAULFIELD EAST 470000530000237000530000 4 0.4375000395000 350000417000 16470000303000322500 ^335500
CAULFIELD NORTH 569000620000549000550000 18 1.7528500520000 597000542000 -10584000660000585000 505000
CAULFIELD SOUTH 762500750000700000640000 43 3.6580000633000 707000580000 6681000670000755000 ^494000
CHADSTONE 765000515500485000550000 60 4.8543500512000 801000580000 5830000760000675000 500000
CHELSEA 600000478500425000417500 83 6.3390000380000 605500404000 -1662500612500525000 330000
CHELSEA HEIGHTS 599000423500329500375000 88 6.5295000392000 610500364000 4744500585000495000 ^ ^325000 ^
CHELTENHAM 629500508000480000450000 40 3.4420000450000 575000467500 7599000535000510000 410000
CHELTENHAM EAST 655000506000433000425000 69 5.4426000426500 590000457000 4777000565000640500 ^350000
CHELTENHAM NORTH 580000525000408000437500 59 4.7380000425000 620000385000 8700000574500550500 ^390000
CHIRNSIDE PARK 495000464000497000423000 87 6.5329000337000 610000390000 15684000532500476500 ^326000
CLARINDA 666000540500420000437500 81 6.1380000447500 670000440000 5675000641000515000 ^370000
CLAYTON 560500590000522500405500 70 5.5412500407500 681000432000 14622500600000540000 400000
CLAYTON NORTH 709000530000465000335000 26 2.4520000236500 607000465000 -2156000622000629500 ^480000
CLAYTON SOUTH 467500557500460000415000 45 3.8386000400000 507500440000 0597000505000475000 ^351000
CLIFTON HILL 679000575000566500404000 24 2.2440000630000 607500600000 -19384000749000736500 ^488000
CLYDE NORTH 385000211000405500- NA NA210000191000 518500219000 13NA460500372000 ^ ^ ^ -
COBRAM 185000170000185000169000 25 2.3184000154500 215000176000 19212500180000195000 ^ ^171500
COBURG 497500480000454000420000 39 3.4415000410500 542500427000 -1520000550000487000 390000
COBURG EAST 575000530000540000380000 59 4.7430000407500 623000413000 8542000575000515000 ^392500
COBURG NORTH 535000498500412000422500 70 5.4432500424000 572000424500 -5627500600000525500 ^336500
COLAC 225000203000208500239500 46 3.8240000208000 310000240000 24312000250000269500 ^212500
COLLINGWOOD 600000544500585000547500 28 2.5538500550000 591000485000 5556000560000536500 460000
CORIO 255000206500235000215000 47 3.9175500202500 310000270000 5282000295000215000 ^210500
COWES 305000305000328000292000 25 2.3183000339000 350000309500 13308500310000290000 ^280000
COWES WEST 389000337000345000346500 55 4.5330000305500 439000315000 2399000430000350000 ^282500
CRAIGIEBURN 366000339500335000297500 38 3.3303000320000 380000311000 -3368000393000349000 275000
CRANBOURNE 358500281500265000247500 60 4.8246000259000 362500260000 -9370000400000285000 226000
A Guide to Property Values 2019 | Page 93
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
CRANBOURNE EAST 418500379000345000310000 43 3.6355000300000 427500340000 -3415000440000379000 ^ ^299000
CRANBOURNE NORTH 405000330500369000261000 57 4.6279000288500 425000262000 4405000407500375000 ^ ^270000
CRANBOURNE WEST 405000316000306500278000 62 4.9235000270000 385000253500 -1421000390000379000 ^ ^237500
CREMORNE 570000680000599500625000 61 4.9613000649500 870000695000 271605000685000590000 ^539000
CRESWICK 212000129000233000161500 77 5.9189000196500 307500217500 5NA291500221000 ^ ^ ^ ^ ^ ^ ^ ^ 173500 ^
CRIB POINT 340000305000272500280000 51 4.2300000280000 405000306000 -2387500415000290000 ^269000
CROYDON 560000449000409000374000 73 5.6365000376000 567000390000 -2595000580000500000 328000
CROYDON NORTH 615000482500411000385000 74 5.7385000380000 610000390000 -2634500623000524500 ^350000
CROYDON SOUTH 652500540500450000452000 74 5.7390000392000 652000406000 -6720000695500560000 ^375000
DALLAS 350000280000220500303000 51 4.2236000255500 429000305000 15380000372500268000 ^ ^ ^ ^283500 ^
DANDENONG 360000320000307000289000 24 2.2292500309500 337000302500 -7388500364000334500 271000
DANDENONG NORTH 455000350000325500308500 56 4.6311500315000 430000328000 -10486000477500407500 275000
DARLEY 318500278500307000276000 55 4.5200000277500 310000294000 0315000311000273000 ^ ^200000
DAYLESFORD 385000325000315000238000 100 7.2313500285000 535500295000 28720000417500351000 ^ ^267500
DEEPDENE 1290000810000690500645000 60 4.8653000586000 1060000875000 611480001000000960500 ^ ^ ^ ^663000
DEER PARK 415000315000322000306000 68 5.3300000320000 460000305000 3405000447500345000 ^274500
DELAHEY 375000346000325000312500 47 3.9305000317000 400000306500 -4465500415000360000 ^ ^ ^273000
DIAMOND CREEK 594500500000475000383000 74 5.7412500400000 661000444000 10615000601000585000 ^380000
DINGLEY VILLAGE 580000505000474500445000 52 4.3388500417500 600000445000 -6588000640000550000 ^395000
DOCKLANDS 555000645000559000585000 6 0.6543000580000 590000590000 1472000587000651500 555000
DONCASTER 599000577000549000527000 32 2.8511000517500 620000577000 7555000581000572500 470000
DONCASTER EAST 651000685500597500550000 59 4.7541000536000 796000592500 23743000648000690000 502000
DONVALE 714000655000570000501000 70 5.4505000493000 756000535000 12740000677500650000 ^445000
DOREEN 365500135500204000210000 161 10.1195000369500 430000305000 -3425000442500379000 ^ ^ ^165000
DOVETON 380000315000310000314000 37 3.2280000302500 400000286000 -10310000445500320000 ^293000
DROMANA 521000400000467500349000 63 5.0422000390000 585000450000 -14625000680000525000 ^358500
DROUIN 285000247500240000220000 62 4.9181500234500 334000235000 1342500330000250500 206500
DRYSDALE 309000303000290000269500 54 4.4260000250000 392500269000 3365000382500325000 ^255000
EAGLEHAWK 228000237500235000207000 32 2.8218000225000 242000230000 8258000225000220000 ^ ^183500
EAGLEMONT 758000807500650000571000 24 2.2777500602500 785000645000 -385675001265000725000 ^634500 ^
EAST BENDIGO 337000270000270500223000 45 3.8145000235000 331000284000 3265000322000325000 ^ ^ ^228000 ^
EAST GEELONG 313000325000312000230000 103 7.4295000265000 425500300000 10395000385000369000 ^209000
EAST MELBOURNE 745000700000597500610000 24 2.2514000515000 595000610000 -216920007500001280000 480000
ECHUCA 283000255000246000214500 16 1.5245500225000 269000220000 -3313500278000278000 231000
EDITHVALE 697500482000472500465000 74 5.7450000478000 694000475000 -2730000709000565000 399000
ELSTERNWICK 705000558000563000516000 28 2.5490000506000 600000535000 -4710000627000595000 470000
ELTHAM 687500549000493000459000 62 4.9450000468000 650000470000 -1755000656500562000 401500
ELWOOD 664000615500588000580000 44 3.7525000536500 672500560000 2709000660000629500 467500
A Guide to Property Values 2019 | Page 94
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
ENDEAVOUR HILLS 457000405500345000360000 43 3.7330000330000 497500342500 -20575000620500396000 347000
EPPING 375000344000310500313500 27 2.4294500311500 400000308500 8370500370000349000 315000
EPSOM 275000260000275000261000 42 3.6260000239500 305000115500 5320000291000272500 ^ ^ ^ ^ ^ ^ ^215000 ^
ESSENDON 520000511000469000450500 25 2.3430000446000 520000462000 6560000492000530000 415000
ESSENDON NORTH 470000435000485000435000 4 0.4465000479000 425000425000 6457500400000477500 ^408000
EUMEMMERRING 492500325000295500315000 83 6.2280500305000 430000295500 4384000414000341000 ^235000
EUROA 235000194000167500150000 54 4.4183000180000 239000190000 9162500220000201500 ^ ^ ^ ^ ^155000 ^
FAIRFIELD 621500464000489500377500 45 3.8395000394000 526500435000 3675000509000600000 ^362000
FAWKNER 473000370000345000357500 47 3.9378000348000 477500344000 -6504000510000400000 ^325000
FERNTREE GULLY 555000430000405000365500 63 5.0372000361000 537500380000 -10600000599000510000 329000
FISHERMANS BEND 934000914500881000855000 39 3.4776500850000 883000822000 -9750500971500920000 ^635000
FITZROY 750000657000603000595000 40 3.4538000560000 755500572500 -2645000770000680000 539000
FITZROY NORTH 581500608500550000609000 30 2.7525000515000 640000569500 0641000640000610000 ^492500
FLEMINGTON 436000437500437000392500 32 2.8387500382000 407500363000 -7369000440500415000 308500
FLORA HILL 250000225000261500216000 22 2.0222000225000 244500272000 -1260000247500240000 ^200500
FOOTSCRAY 441000458000408000382500 14 1.3385000343500 410000396500 -3463500425000440000 360000
FOREST HILL 706500465000590000477500 56 4.5440000430500 727500560000 4730000700500637500 ^467000
FOSTER 200000248000275500140000 0 NA237500237000 180000298000 -10292500200000260000 ^ ^ ^ ^ ^ ^ ^180000 ^
FRANKSTON 399000321000300000287000 73 5.6275000285000 414500285000 -6412000440000334500 240000
FRANKSTON NORTH 380000316000247000290000 57 4.6257000241000 400000100000 -3NA414000306500 ^ ^ ^ ^ ^ ^ ^ 255000 ^
FRANKSTON SOUTH 550000430000425000405000 73 5.6407500420000 615000405000 -8730000665000477000 355000
GARDENVALE 560000315000491000347500 99 7.1352000325000 641500481500 109305000307500345000 ^322500
GEELONG 594000473500495000455500 65 5.1473000491000 547500486500 -1610000552500470000 332500
GEELONG WEST 379000338500340000240000 79 6.0317000297000 434000265000 11317500391500378000 ^243000
GISBORNE 450000435000375000335000 79 6.0327500345000 510000355000 0550000507500447500 ^285000
GLEN HUNTLY 560000545000412500483000 34 3.0435000469000 524000507500 -12538000595000572500 390000
GLEN IRIS 775000590000560000594000 35 3.1500000560500 630000540000 -7657500681000645000 465000
GLEN WAVERLEY 830000651000649000500000 83 6.2507500470000 847500600500 -2708000863000700000 464000
GLENROY 500000415000400000387500 45 3.8380000400000 529000379500 2540000520000446000 365000
GOLDEN POINT (BALLARAT) 315000250000256000195000 38 3.3257500221500 319500245000 3365000310000232000 ^ ^231000 ^
GOLDEN SQUARE 272000245000270000222500 34 3.0253000240000 277000273000 11267500250000250000 ^207000
GREENSBOROUGH 622500490500446000426500 58 4.7440000412000 633000430000 1640500626000517500 401000
GREENVALE 427500385000399000390000 50 4.1331000342500 561500257500 16525000485000395000 ^ ^ ^ ^375000
GROVEDALE 330000275000245000260500 61 4.9286000270000 399000280000 11435000359000302500 248000
HADFIELD 535000383000350000376000 43 3.6350000377500 502500360000 -13625000575500432000 ^352500
HALLAM 405000350000306500325500 46 3.9345000320000 415000330000 -7505000446000362500 283500
HAMILTON 175000207000200000227000 -8 -0.8184500220000 187500148500 12187500168000195000 ^ ^203500
HAMLYN HEIGHTS 370000306500295500247500 84 6.3274000317500 470000320000 8421500436000326500 ^255000
A Guide to Property Values 2019 | Page 95
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
HAMPTON 877000750000650000690000 40 3.4599500560000 775000680000 -10940000865000802000 555000
HAMPTON EAST 615000643500593500520000 28 2.5537000495000 597000584000 -9872500653000627500 ^466500
HAMPTON PARK 390500339000285000282000 45 3.8278500291500 400000280000 -6426000425000340000 ^275000
HARKNESS 332000245000265000255000 46 3.8260000275000 348500260000 -5369000365000277500 ^239000
HASTINGS 340000295000285000290000 63 5.0303500330000 390000275000 -13405000450000320000 240000
HAWTHORN 584000579000553000479000 46 3.9450000478500 540000482500 -3560000559000566000 370000
HAWTHORN EAST 635000575000541000665000 34 2.9529500550000 616500510000 -1650500619500662500 461000
HEALESVILLE 435500360000369000305000 64 5.1350000310000 475000332500 6520000450000407500 ^290000
HEATHMONT 656500550000491500395000 66 5.2405000432000 638000460500 -6632500679000634500 ^385000
HEIDELBERG 600000522500515000490000 51 4.2479000475000 657500543500 7670000612500550000 435000
HEIDELBERG HEIGHTS 660500541000462000456000 43 3.6425000440000 626000450000 -6735500665000536000 438000
HEIDELBERG WEST 532500437500386500400500 57 4.6345000370000 578500397000 0596500580000470000 ^368500
HERNE HILL 260000213000223500180000 70 5.5207500186000 290000211000 5419000277500226000 ^170500
HIGHETT 567500580000545000500000 48 4.0500000503000 665000520000 14624500582000569000 448500
HIGHTON 337500334000295000286000 62 4.9297500302500 424000297500 9445000390000358000 262000
HILLSIDE (MELTON) 436500345000314000326500 59 4.8338000320000 460000320000 -5465000482000381000 ^289000
HOPPERS CROSSING 370000290000290000275000 67 5.3257500272500 400000253000 3422500387500305000 239500
HORSHAM 259500212500185000200000 36 3.1186500198000 220000175000 -11208500248500227500 ^161500
HUGHESDALE 601000605000505000505500 46 3.9472000475000 622000512000 -2637500633000585000 ^425000
HUNTINGDALE 432500498500395000413500 96 7.0540000371000 661000461000 56762500422500372500 ^ ^ ^ ^337500
INVERLOCH 360000317000351000395000 58 4.7305000402000 515000319000 6410000487500365000 ^325000
IRYMPLE 207500230000157500154000 -31 -3.665000100000 135000162500 -30455000191500165000 ^ ^ ^ ^ ^ ^195500 ^
IVANHOE 726000615000544000560000 21 2.0531500588000 632500575000 -8635000685000597000 521000
IVANHOE EAST 639500640000562000565000 37 3.2685000460000 597000567500 -14710000695000755000 ^435000
JACANA 421000330000320000344000 39 3.3285000295000 410000310000 -5350000430000310000 ^ ^ ^ ^ ^ ^295000
JOLIMONT 922000755000700000695000 89 6.6716000684000 1041500715000 -13128550011990001602000 ^550000
JUNCTION VILLAGE 310000247000263500240000 12 1.1262500272500 285000230000 4265000275000260000 ^ ^ ^ ^255500
KANGAROO FLAT 213500240500227500184000 23 2.1204500226500 240000226500 1252500237500237500 195000
KEILOR DOWNS 520000380500340000295000 56 4.6329000375000 466000317000 -15478000550500382000 ^298000
KEILOR EAST 663000580000485000432000 61 4.9507000443000 642000540000 0645000642500488000 ^399500
KENNINGTON 31500077500160000222000 37 3.2235000218500 267500235000 -4350000280000207500 ^195500
KENSINGTON 500000477500430000475000 34 2.9418000430000 518500439000 2520000509000459000 388000
KEW 750000680000648500638000 47 3.9597000615000 804000598500 7830000749500795000 546000
KEW NORTH 1150000636000792500535000 63 5.0641000656500 881000675000 51275000837500629000 ^540000
KEYSBOROUGH 551000511000439000367500 79 6.0355000366500 590500379500 2672500577500490000 330000
KILMORE 275000255000230000244500 41 3.5248000252500 335000237000 6339000315000275000 ^238000
KILSYTH 545000425000400000355000 75 5.7345000380000 568000367500 0590000567500492500 325000
KINGSBURY 485000400000357500425000 61 4.9377000427500 547500370500 7507000511000450000 ^340000
A Guide to Property Values 2019 | Page 96
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
KINGSVILLE 404000400000322500350000 32 2.8386500330500 408000320000 -7462500437000407000 ^310000
KNOXFIELD 625000562000498000449000 62 5.0460000411000 625000446000 -3750000647500593500 ^385000
KOO WEE RUP 361500270000230000241500 64 5.1241000220000 415000228000 11410000372500277500 ^ ^ ^253500
KOOYONG 76250011700007050001100000 -26 -2.91190000752500 735000695000 -21NA9350001410000 ^ ^ ^ ^ ^ 991000 ^
KORUMBURRA 221500198000215000215000 43 3.6259500231500 311000254500 20328000259000210000 ^ ^218000
KURUNJANG 309000261000268500258000 69 5.4255000235000 372000255500 3362000360000250000 ^220000
KYABRAM 220000160000195000167500 14 1.3199000190000 205000175000 -10220000227000199000 ^180000
KYNETON 389000325000297500235000 100 7.2268000254500 420000285000 3425000408000360500 ^210000
LAKE WENDOUREE 362500305000376500340000 63 5.0350000350000 473500330000 7459500442500313000 ^290000
LAKES ENTRANCE 265000250000238000224500 -19 -2.0225000215500 220000228500 -14330000257000252500 ^270000
LALOR 440500327000315000300000 56 4.6312000321000 442000310000 3500000430000375500 ^282500
LANGWARRIN 431000316500310000292500 64 5.1301000310000 450500307500 -2457500460000356500 275000
LARA 320000300000265000258000 37 3.2275000274500 377500263000 7319000353000294000 ^ ^275500
LARA LAKE 312500285000314000229500 68 5.4266000280000 379000252000 7467500355000267000 ^225000
LAVERTON 414500374000321500295500 93 6.8342500305000 505000297500 13550000445000415000 ^262000
LAVERTON SOUTH 437000361000338500328500 58 4.7320000357500 468000320000 -3495000480000370000 ^296000
LEONGATHA 267500292500265000220000 18 1.7235000275000 247500270000 -7339000265000276000 ^210000
LEOPOLD 308500285000290000275000 64 5.1261000285000 391500285000 9399000360000308000 ^239000
LILYDALE 464000400000366500347000 60 4.8359000370000 500000345500 -5525000525500440000 312500
LONG GULLY 233000230000223000190000 36 3.1211500225000 255000204000 2230000250000239000 ^ ^ ^ ^188000
LONGWARRY 308000252500212500240000 106 7.5225000239000 330000222500 -5375000347500270500 ^ ^ ^160500 ^
LORNE 390000755000554000600000 48 4.0597500550000 815000550000 9697500750000580000 ^550000
LOWER PLENTY 560000491500441500425000 51 4.2385000389500 545000420000 5662000517500564000 ^361500
LYNBROOK 450000370000372500375500 56 4.6380000333500 535000367500 119535000244000421000 ^ ^ ^ ^ ^ ^342000 ^
MACLEOD 651500554000483000470000 59 4.7414500433000 655000337500 3749500636500543500 413000
MADDINGLEY 316500288000211000275000 49 4.1208000275000 365000307500 -4402500379000299000 ^ ^ ^ ^ ^ ^245000
MAFFRA 225000214000201000184000 14 1.3177000194500 220000217500 7305000205000227000 ^ ^ ^ ^ ^ ^ ^ ^193000 ^
MAIDSTONE 600000482500435000427000 55 4.5435000398000 575000420000 -4635000600000500000 370000
MALVERN 751500668500773000545000 37 3.2725000545000 720000620000 1650000715000649000 ^524000
MALVERN EAST 625000589500525000402500 68 5.3445000510000 633500499000 1641000628500658500 376500
MANIFOLD HEIGHTS 335000287000280000255000 48 4.0306500270000 339000275000 -6350000360000262000 ^229500
MANSFIELD 247500275000279000238500 62 4.9296000246000 340000258000 2376000334000200000 ^210000
MARIBYRNONG 487000459000460000496000 17 1.6434500443500 510000480000 10467000462500460000 435000
MARYBOROUGH 215000193500178500163000 34 3.0185000190000 208000200000 -8227500227500219000 ^155000
MCCRAE 682000490000436000428500 104 7.4500000650000 700000502500 1625000690000607500 ^343000
MCKINNON 747500687000600000719000 27 2.4591500605000 785000555000 1831000780000661500 620000
MEADOW HEIGHTS 350000285000268000300000 48 4.0275000295000 376500270000 -6401000400000300000 ^255000
MELBOURNE 518500560000524000455000 20 1.8488000465000 474000497500 -8470000515000534000 395000
A Guide to Property Values 2019 | Page 97
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
MELTON 274500225000249000230000 40 3.4230000245000 314000224500 -1322500317000230000 225000
MELTON SOUTH 280000221500212000230500 40 3.4228000235000 299500192000 -6310000320000230000 ^213500
MELTON WEST 350000257500262500261000 45 3.8287000249500 362000275000 -6398500385000275000 ^ ^ ^ ^249000
MENTONE 558000475000485000499500 62 5.0466000445000 600000482500 5605000570000550000 370000
MERNDA 355000315000329000285000 20 1.9285000295000 385500310000 0385000385000317500 ^320000
METUNG 212500311000315000232000 -26 -3.0375000350000 292500380000 10671000265000225000 ^ ^ ^ ^ ^ ^395000 ^
MIDDLE PARK 760000780000670000629000 39 3.3530000605000 735000660000 51155000702500752000 ^530000
MILDURA 190000163000164500168000 42 3.6149000159500 220000155000 -2200000225000182000 155000
MILL PARK 440000382500357000340000 45 3.8328000355000 444500340000 -2438000455500395000 307000
MITCHAM 677500641000550000457000 74 5.7476000494000 696000491500 3689500675000677500 400000
MOE 135000126000170000129000 26 2.4135000123000 163000135500 22123500133500137000 ^129000
MONT ALBERT 699000637500600000546000 45 3.8567000540000 708500617500 -4990500740000727000 ^489500
MONT ALBERT NORTH 1015000870000832500615500 75 5.7645000725000 887000778000 -2011400001102000935000 ^508000
MONTMORENCY 711000552500490500469000 69 5.4454500480000 685000463000 -1541000690500628000 ^405000
MOONEE PONDS 534000463500475000481000 18 1.7435000476500 483500475000 -7480000520000529500 410000
MOORABBIN 650000484000480000515000 52 4.3480000471500 683000495000 18512000578000570000 ^450000
MOOROOLBARK 596500410500381000372500 79 6.0360000371500 568500370000 0558500569000495000 ^318500
MOOROOPNA 161500165000157500139000 6 0.6169000187000 175000163000 7187500164000167000 ^164500
MORDIALLOC 585000538500455000440000 49 4.0430000452000 615000430000 -5585000644000545000 414000
MORNINGTON 600000485000462500390000 86 6.4410000426000 643000440000 -4613000670000587000 346000
MORWELL 165000180000145000130500 36 3.1150000144000 175500160000 17162000150000155000 129000
MOUNT CLEAR 263000215000256500225000 41 3.5276500225000 275500240500 2375000270000227500 ^195000
MOUNT ELIZA 590000445000475000400000 70 5.5375000395000 595000445000 11520000535000500000 ^349000
MOUNT EVELYN 677000435500423000355000 111 7.7370000345000 580000387500 -10580500645000438500 ^ ^ ^275000
MOUNT MARTHA 631500510000446500425000 91 6.7430000338000 650000365000 14375000570000550000 340000
MOUNT PLEASANT 266500264500235000230000 12 1.1195000249000 245000263500 -11275000275000255000 ^ ^ ^ ^ ^218500
MOUNT WAVERLEY 929000800000720000605000 75 5.8567500613000 954000656500 5911000905000851000 545000
MULGRAVE 665000600000500000515500 70 5.5478000564000 731000496000 -3838500750000614500 ^430000
MURRUMBEENA 580000523000525000437000 7 0.7500000526500 510000503000 -15508000598500530000 474500
MYRTLEFORD 229000185000199000192500 61 4.9213000220000 310000205000 28239000241500265000 * ^ ^ ^ ^ ^ ^ ^ ^192500 ^
NAGAMBIE 270000320000279000267500 50 4.1232500262000 360000282000 6372000340000262500 ^ ^ ^ ^240000
NARRE WARREN 420000319000295000287000 66 5.2305000290000 418000299000 -5427500440000350000 ^252500
NEWBOROUGH 13550015600065000191500 33 2.9150500135000 203500171000 23230000165000161500 ^153000
NEWCOMB 298000280000276500239000 51 4.2265000257500 353500268500 0375000355000250000 ^234000
NEWPORT 730000620500575000525000 54 4.4505000515000 730000495000 10712500663000652500 475000
NEWTOWN (GREATER GEELONG) 420500368000337500312500 116 8.0340000352500 562000329000 42382000396500420000 ^260000
NIDDRIE 646000545000457000539000 65 5.1470000471000 656500500000 -1592500662500617500 ^399000
NOBLE PARK 450000352000322500319000 63 5.0315000305000 460000322000 -4480000480000390000 283000
A Guide to Property Values 2019 | Page 98
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
NOBLE PARK NORTH 477000381000305000345000 69 5.4318000350000 515000350000 3461000502000392500 ^ ^ ^305000
NORLANE 268000215000221500224000 40 3.4218000215500 300000213500 3315000290000225000 ^215000
NORTH BENDIGO 252500264500222500205000 23 2.1219000115000 265000228000 0273000266000240000 ^215000
NORTH GEELONG 313500277000256000267500 76 5.8294000310000 396500178500 23413000321500215000 ^ ^ ^225500 ^
NORTH MELBOURNE 560000526500529000375000 36 3.1420000397500 477500485500 -12488000540000550000 351000
NORTHCOTE 508000500000530000440000 58 4.7442000480000 585500509000 4525000565000517500 370000
NOTTING HILL 338500400000409000253500 18 1.7367500315500 396000409000 24320000320000327000 335000
NUMURKAH 152500205000150000174000 6 0.5180000159500 175000170000 -8171500190000160000 ^ ^166000
NUNAWADING 722500593500480500462500 48 4.0421000445000 590500441000 -1837500599000652500 398500
OAK PARK 580000517000470000450000 62 4.9425000456000 658000470000 4570000630000525000 407000
OAKLEIGH 420000485000460000433000 34 3.0423500420000 540000426000 -1507500545000509500 ^403500
OAKLEIGH EAST 810000680000615000499000 78 5.9537000540000 791500570000 0751000795000730000 ^445000
OAKLEIGH SOUTH 765000535000506000529000 55 4.5380000493000 697500482500 -8819500760000663000 ^450000
OCEAN GROVE 537500435000410000390000 81 6.1400000392500 615000390000 2507500605000491500 340000
OFFICER 387000362000348000335000 28 2.5185000370000 430000160000 -4420000449000369000 ^ ^ ^ ^335000 ^
ORMOND 577000485000498500468500 44 3.7492000532500 605000505000 6581500572500562000 419000
OSBORNE 561500500000460000369000 67 5.3425500390000 640000452500 -1545500647500530000 ^383000
PAKENHAM 355500290000279500265000 54 4.4270000272000 370000272500 -7401000399000310000 240000
PARKDALE 650000548500499000477500 69 5.4489000430500 672000468500 -3859000689500617500 397000
PARKVILLE 548000526000505000545000 3 0.3510000515000 458000520000 -8495000500000526000 446000
PASCOE VALE 580000478000463000445500 53 4.3430500432500 610000445000 -2598000620000505000 399000
PASCOE VALE SOUTH 620000495000440000495000 46 3.9457500465000 600000460000 -5690000630000543000 410500
PATTERSON LAKES 551000475000417500378000 54 4.4380000409000 587500391000 -6496500625000470000 ^382000
PAYNESVILLE 272500233000236500250000 9 0.9210000259000 295000236500 8275000272500266000 ^270000
POINT COOK 449500355000327500315000 63 5.0315000319500 465000326000 -1457500472000377500 284500
POINT LONSDALE 557500475000413500475000 59 4.7366000386500 595500386500 -12535000675000610000 ^375000
PORT FAIRY 590000331000377500315000 58 4.7340000377500 522500460000 17955000447500395000 ^ ^ ^331000
PORT MELBOURNE 720000670000745000609000 25 2.3627000605000 729000690000 6720500690000700000 581000
PORTARLINGTON 405000340000295000292000 82 6.2299500341000 494000305000 7543500460000356500 ^271500
PORTLAND 180000210000225000205000 36 3.2215500222500 189500155000 11193000171500150000 139000
PRAHRAN 577500530000550000480000 53 4.4461000485000 590000515000 11502000530000595000 385000
PRESTON 450000450000440000430000 24 2.2393000432000 490000425000 -2488000500000455000 395000
QUARRY HILL 226500282000170500220000 5 0.5226000207500 283500267500 7287500266000225000 ^ ^ ^ ^ ^ ^ ^ ^ ^ ^270000
REDAN 230000218000217500187000 37 3.2209000209500 260000171500 4184000250000209500 ^189500
RESEARCH 605000578500512000445000 53 4.3439500425000 672500546500 3NA652500630000 ^ ^ ^ ^ ^ ^ ^ 440000 ^
RESERVOIR 530500390000381000361000 65 5.1355000365000 560500370000 0560000562000430000 340000
RICHMOND 582500552000539000510000 24 2.2540000540000 578500555500 -3645000597000552500 465000
RIDDELLS CREEK 386500326500350000275000 113 7.9340000350000 490000325000 23420000400000380000 ^ ^ ^ ^ ^ ^230000
A Guide to Property Values 2019 | Page 99
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
RINGWOOD 558000475000445000387500 54 4.4385000385000 532000410000 -3545000547000495000 345000
RINGWOOD EAST 662500537500440000400500 85 6.3380000390000 628000392500 -1642500632000542000 340000
RINGWOOD NORTH 652500600000600000441500 46 3.8442500511000 640000435000 -23818500827500733000 ^439000
RIPPONLEA 612000482500430000430000 41 3.5435000405000 525500427000 -8470000568000470000 ^373000
ROMSEY 288000315500319000245000 77 5.9275000275000 425000317500 21382000350000330500 ^ ^ ^240000
ROSANNA 745000620000480000502500 64 5.1494500508000 685000541000 -8790000745500646000 ^418500
ROSEBUD 499000380000370000335500 81 6.1330000340000 525000330000 -2587500535000432000 290000
ROSEBUD SOUTH 520500453500445000385000 102 7.3393000371500 520000430000 -11506000587500475000 ^ ^ ^ ^257500 ^
ROWVILLE 460000420000390000415000 53 4.4390000400000 578000393000 -2640500587500456500 377000
ROXBURGH PARK 398000324000314000335000 160 10.0266000357000 401000300500 3373000390000321000 ^154000
RYE 490000370000425000297500 79 6.0430500327500 475000320000 -14548500550000420000 ^265000
SAFETY BEACH 668000312000435500436000 93 6.8375000430000 665000439000 2676000655000453500 345000
SALE 282500220000205000195000 15 1.4231000195000 210000195000 -2250000215000221000 183000
SAN REMO 351000255000330000315000 -39 -4.9437000385000 228000341000 -37789500360000294000 ^ ^ ^ ^ ^376000
SANCTUARY LAKES 429000382000380000424000 55 4.5332500370000 535000370000 27500000420000380500 ^ ^345000
SANDHURST 587500440000362500371000 153 9.7307500381000 592500330000 15600000515000467000 ^ ^ ^ ^ ^ ^234500
SANDRINGHAM 730000573500535000595000 61 4.9458000495000 781000554000 21630000645000721000 485000
SCORESBY 615000546500455000355000 63 5.0436500380000 574500388000 -7555000615000550000 ^ ^ ^ ^353500
SEAFORD 463000360000350000320000 77 5.9336000336000 495000350000 -2545000506500411500 280000
SEBASTOPOL 218000215000210000205000 18 1.7192500201000 235500221500 0267000236000212000 199500
SEDDON 495000483000430500377500 104 7.4430000430000 696000400000 -6425000740000522500 ^340500
SEYMOUR 163000179500175000146000 30 2.7180000181500 195000158000 0238000195000190000 ^ ^150000
SHEPPARTON 225000215000214000197500 17 1.6221500205000 252000205000 29264000195000210000 216000
SKYE 406500320000354000315000 74 5.7261000332000 445000318000 -5472500468000339000 ^256500
SOLDIERS HILL 284000255000275000246000 77 5.9250000177500 331000193500 -21355000417000295000 ^ ^ ^186500
SOMERVILLE 403500320000329000275000 66 5.2295000307500 453500347500 -5460000475000350000 273000
SORRENTO 11000009400001050000755000 22 2.0900000867500 8900001050000 -146700001032500770000 ^ ^ ^ ^ ^ ^ ^730000
SOUTH KINGSVILLE 630000413500435500380000 46 3.8404000432000 643000484500 -16720000762500574000 ^441000
SOUTH MELBOURNE 600000585000567500545000 16 1.5515000510000 582500516000 -5547500610000591500 502500
SOUTH MORANG 423000360000337500350000 28 2.5350000346500 407000330000 -10459500450000365000 317000
SOUTH YARRA 600000610000567000555000 23 2.1535000505000 580000565000 0586500580000650000 470000
SOUTHBANK 570000579000547500563500 13 1.2540000575000 582500570500 1532500575000600000 517000
SPOTSWOOD 646000410500488500489000 56 4.5359000480000 650000485000 -3697000670000535000 ^ ^ ^417000
SPRING GULLY 306500210000235000150000 84 6.3242500206500 280000197500 -1289000282500220000 152500
SPRINGVALE 493000420000415000385000 49 4.1350000345000 508000365000 -8600000550000450000 340000
SPRINGVALE SOUTH 454000398000353000337500 60 4.8306500316500 470000329500 -10444500525000412000 ^294000
ST ALBANS 385000325000296000308000 66 5.2298500312000 430000295000 -2478500440000340000 259000
ST ALBANS PARK 280000252500239500245000 71 5.5247500255000 377500263000 15227500327500261500 ^221000
A Guide to Property Values 2019 | Page 100
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
ST KILDA 535000515000491000480000 27 2.4462000480000 535000480000 2570000527000518500 421000
ST KILDA EAST 575000548000500000481000 38 3.3486000470000 590000475000 4593000565500535000 426000
ST KILDA WEST 600000536500495000479000 60 4.8529000470000 595000467000 16690000511000545000 ^371000
ST LEONARDS 356000382500320000231000 201 11.6295000238000 419000280000 21375000345000325000 ^139500
STAWELL 16350016000014800093500 63 5.0122500168500 244000127000 95124000125000115000 ^ ^ ^ ^ ^ ^ ^150000
STRATHDALE 270000252500262000241000 29 2.6260500245000 273500225000 5373500260000239500 ^212500
STRATHMORE 695000519500620000565000 49 4.1524000570500 732000533500 8608000677500559000 ^490000
STRATHTULLOH 359000389000-- NA NA-- 420000- 3NA409000389000 ^ * ^ -
STUDFIELD 720000550000584500470000 83 6.2455000470000 721000445000 7690000675000650000 ^ ^395000
SUNBURY 375000320000316000300000 52 4.3315000310000 395000307000 -5420000415000358000 260000
SUNSHINE 412500375000370000255000 50 4.1342500310000 390000330000 16310000335000385000 ^260000
SUNSHINE NORTH 450000355000345000315000 105 7.4288500345000 512000330000 12475000455500415000 ^250000
SUNSHINE WEST 439000357500350000358500 64 5.1343500345000 480000342000 3482000464000387500 ^292500
SURREY HILLS 857500695000625000616500 36 3.2600000583500 756000650000 0850000753000735000 554000
SWAN HILL 222500189000185000200000 36 3.1190000190000 245000185000 16295000212000230000 ^180000
SYDENHAM 371000307500295000295000 54 4.4314000305500 416000300000 -2427500426000342500 271000
SYNDAL 870000855000662500483000 87 6.5520000512500 880000659000 81262500812500720000 ^470000
TARNEIT 377500300000299000272500 58 4.7288000260000 388000295000 -4400000403000320500 ^245000
TATURA 180000197500165000208000 42 3.6162000205000 221000166500 13189000195000184500 ^ ^ ^ ^ ^155500
TEMPLESTOWE 765000732000670500605500 48 4.0585500540000 740000588000 -13790000847500720000 ^500000
TEMPLESTOWE LOWER 880000700000567500530000 62 4.9532500540000 765000555000 -4870000799000699000 ^472500
THOMASTOWN 438000314000300000327500 65 5.1307500325000 457500309000 2481000449000340000 277000
THOMSON (GREATER GEELONG) 327000310500300000282500 84 6.3310000309000 400500278000 10393000365000308000 ^ ^ ^ ^217500 ^
THORNBURY 550000507500459500390500 54 4.4390000396500 602000428500 8545000560000519000 392000
TOORAK 9850001000000820500746500 68 5.3808000740000 1085500787500 108655009865001198000 645000
TORQUAY 599000472000452500420000 46 3.9442500470000 615000439000 -7680000660000485000 ^420000
TRAFALGAR 275000235000257500237000 41 3.5265000240000 310000252000 4NA297500250000 ^ ^ ^ ^ ^ ^ ^ 220500 ^
TRARALGON 205000209000250000200000 17 1.6206000229000 215000195000 1215000213500225000 184000
TRAVANCORE 352500352000430000495000 -16 -1.7505000500000 348000429000 0350500348500363000 415000
TRUGANINA 408000325000282000298000 57 4.6277000310000 415000250000 -3412000430000334000 265000
TULLAMARINE 472500362500339000355500 60 4.8340000327000 480000330000 -1482500486000399500 300000
TYABB 389000308000335000235000 67 5.3304500285000 443000300000 4479000428000320000 ^265000
VERMONT 741500677500617500507000 86 6.4482500497000 725000530000 -4673000757500680000 ^390000
VERMONT SOUTH 595000838000600000610000 49 4.1530000530000 772500583000 -3951000795000699000 ^ ^517000
VIEWBANK 655000557500475000494500 58 4.7405000426500 643500451000 11568000580000510000 ^406500
WALLAN 310000263000265000255000 56 4.5250000250000 360000246000 9380000330000277000 ^ ^231000
WALLAN EAST 322000245000251000280000 52 4.3275000280000 358000267000 -5365000376500277000 ^ ^236000
WANGARATTA 190000210000214000182500 31 2.7150500187000 229500175000 13252000202500202000 ^175000
A Guide to Property Values 2019 | Page 101
Locality
Median Unit/Apartment Prices 2009 - 2019
Growth
PA
09-19
(%)
Prelim
2020
2010 2011 2012 2013 2014 2015 2016 2017 2018 18-19
(%)
09-19
(%)
Change
20192009
WANTIRNA 615000557500460000460500 70 5.5416000420000 635000413000 -5740000667500575000 ^373500
WANTIRNA SOUTH 510000485000462000370000 37 3.2385000375000 495000425000 -5372500520000501500 ^362000
WARRAGUL 290000242500250000230000 33 2.9235000244000 300000243000 -4338500312500263000 225000
WARRNAMBOOL 257000255000258500259000 27 2.4256500255000 280000258000 11264000252000252500 220000
WATSONIA 570000521000455500407500 21 1.9424000426000 495000434000 -6625000525000549500 ^409000
WENDOUREE 232500209000240000190000 59 4.7230000210000 270000213000 20280000225000240000 ^170000
WERRIBEE 360000287500261500257000 60 4.8250000273000 380000250000 -3371000390000305000 238000
WERRIBEE SOUTH 480000589000568000469000 33 2.9425000529000 465000461000 11718000420000432000 ^ ^ ^ ^350000 ^
WEST FOOTSCRAY 482500440000410000300000 41 3.5370000363000 450000387500 4421500432500429500 320000
WEST MELBOURNE 559000540500470000519000 25 2.3442500481000 599000445000 8466000555000530000 477500
WEST WODONGA 208000198000195000198500 25 2.3186000190000 235000190000 9217500215000205000 188000
WESTALL 585000530000465000387500 73 5.6370000390000 570000367500 0440000570000426500 ^330000
WESTGARTH 567500502000480000447000 40 3.4465000470000 550000550000 2700000538000485000 ^392500
WESTMEADOWS 455000399500379000415000 49 4.1375000367500 510500385000 -2518000521000410000 ^342000
WHEELERS HILL 862500632500525500591500 103 7.4481000465000 803000665000 -31018500826000753500 ^395000
WHITE HILLS 260000210000191500270000 28 2.595000170000 255000260000 -15300000299000295000 ^ ^ ^ ^ ^200000 ^
WHITTINGTON 225000218500289000212000 62 4.9223500200000 299000211000 -10350000330500209000 ^185000
WHITTLESEA 337500281000280000235000 40 3.5262500270000 330000285000 -19395000407500295000 ^ ^ ^235000
WILLIAMS LANDING 389000375000350000290000 95 6.9296500333000 395000287500 -10415000439000359000 ^ ^ ^ ^ ^ ^203000 ^
WILLIAMSTOWN 715000563000570000450000 52 4.3457500449000 600000540000 -8650000652000615000 393500
WILLIAMSTOWN NORTH 531500489500545000483500 108 7.6414000345000 737500535000 28700000577000548000 ^ ^ ^355000
WINCHELSEA 315000292000235000196000 68 5.3272500225000 348000270000 10290000316000280000 ^ ^ ^ ^ ^ ^ ^ ^ ^207500 ^
WINDSOR 555000505000490000418500 16 1.5465000480500 487500530000 -9530000535000556000 420000
WODONGA 240000188500198000180000 28 2.5177000190000 221500184000 -5207500233500206000 172500
WOLLERT 420000339000339000197500 125 8.4209500228000 420000334000 3430000406000390000 ^ ^187000 ^
WONTHAGGI 260000215000233000275000 32 2.8260000241000 315000237500 3398000306500257000 ^238000
WOODEND 560000422000337500297500 126 8.5315000315000 516000437500 10384500470000430000 ^ ^ ^228000
WYNDHAM VALE 254500240000255000256000 57 4.6275000275000 378000250000 2NA371000211000 240000
YARRA GLEN 580000410000360000382500 85 6.3360000412500 425000325000 -15NA498000397500 ^ ^ ^ 230000
YARRA JUNCTION 440000320000345000235000 66 5.2264000360000 461500308500 -2355000469000374000 ^ ^278500
YARRAVILLE 550000550000525000492000 58 4.6509500468000 654000480000 16591000563000555000 415000
YARRAWONGA 236000228000213500230000 38 3.2245000238000 275000214000 11260000248000232500 200000
A Guide to Property Values 2019 | Page 102
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
% Change
≤36
≤33
≤30
≤27
≤24
≤21
≤18
≤15
≤12
≤9
≤6
≤3
≤0
≤-3
≤-6
¯0 5 102.5 Kilometers
Municipality - 1 Year Change in Median Unit Price (Metro)
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
¯0 5 102.5 Kilometers
Municipality - 10 Year Change in Median Unit Price (Metro)
% Change
≤140
≤130
≤120
≤110
≤100
≤90
≤80
≤70
≤60
≤50
≤40
≤30
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
AINTREE 280500197500208000208000 0 NA208000208000 329000208000 8340000306000228000^ -
ALEXANDRA 90000950008500077000 57 4.69350090000 12000089000 351200008900088000^ ^ ^ ^ ^ ^76500
ALFREDTON 152000180000161000125000 42 3.5190000145000 170000170000 10202500155000183500 120000
ALTONA NORTH 284500484000302500200000 78 5.9250000200000 440000225000 9NA403500416000^ * ^ ^ ^ ^ ^ ^ ^ 247500^
ANGLESEA 448000420000387500290000 155 9.8264000380000 675000317500 23675000550000380000^ ^ ^ ^ ^ ^265000^
APOLLO BAY 185000190000185000197500 32 2.8197000221000 244000190000 8240000225000182500 ^ ^184500
ARARAT 97500835008500078000 30 2.78000070000 9100070000 -8650009950050000 ^ ^ ^ ^70000
ARMSTRONG CREEK 197500172000167500180000 0 NA176000182000 260000169000 6265000246000175000 -
ASCOT (GREATER
BENDIGO)
14750014750015250086500 83 6.310400099000 155000104500 12NA139000148000 ^ 84500
AVENEL 955008000010500092500 14 1.37750087000 10000086500 0NA100000105000^ ^ ^ ^ ^ 87500^
AXEDALE 187500880009000073000 26 2.48700070000 15850090000 1NA157000169000^ ^ ^ ^ * ^ ^ ^ ^ 125500^
BACCHUS MARSH 165000152000150000115000 107 7.6155000136000 230000135000 7242500215000148000 ^111000
BAGSHOT ---- 0 NA-- 112500- -3117500116000- ^ ^-
BAIRNSDALE 107500975009500099000 61 4.99150095500 11600098000 -1125000117500106000 ^72000^
BALLAN 14000013300011500099500 170 10.5120000133500 215000122500 25300000172500135000 ^79500
BALLARAT EAST 142500108500108000144000 102 7.3100000150000 166500129500 13200000147500106000 ^82500
BANNOCKBURN 165000146000149000125000 141 9.2139500140000 279500150000 9260000255500155000 ^116000
BARANDUDA 129000130000116500120000 52 4.3118000104500 145000115000 6145000136500125000 ^ 95500
BEACONSFIELD 263000200500165500280000 35 3.1248500289500 291000188500 5381000277500205000 ^ ^ ^215000
BEAUFORT 59000515005300055000 36 3.24800049000 7500048000 34440005600052000^ ^ ^ ^ ^55000^
BEECHWORTH 130000115500115000134500 25 2.3128000134500 175000130000 21172500145000123000 ^140000
BELL PARK 153000125500141500185000 111 7.7230000250000 360000160000 115NA167500104000^ ^ ^ ^ ^ ^ ^ 171000^
BELMONT 450000180000160000152500 31 2.7160000180000 261500140000 19NA220000129500 ^ ^ ^ ^ ^ ^ 200000^
BENALLA 965001040008800086000 56 4.58800081000 12950095000 15145000113000100000 ^83000
BERWICK 385000289000255000248500 127 8.5295000286500 482500255000 6510000455000331000 ^213000
BEVERIDGE 255000182000166000175000 95 6.9173500195000 285500156000 -8350000309000192000 ^146500
BITTERN 32000041000285000144500 145 9.4215000233000 405000173000 -28450000560000315000^ ^ ^ ^ ^ ^ ^ ^ ^ ^165000
BLAIRGOWRIE 530000375000367500335000 84 6.3351500360000 577500352000 -15705000677500505000^ ^ ^314000^
BONSHAW 123000126000110500- 0 NA-- 155000- 22176000127000129000 ^ ^-
BOTANIC RIDGE 338000230000245500228000 87 6.5257000261000 355000261500 -7345000382000254500 190000
BRIGHT 229000177500185000140000 117 8.1140000125000 287500139500 6397500272500209000 ^132500
BROADFORD 14000013000011750086000 134 8.910700089500 187000112000 27235000147500125000 ^80000
BROOKFIELD 162000142000130000123500 120 8.2150000149500 235000139500 8NA218000150000 107000
BROWN HILL 190000162500152500142500 46 3.9160000140000 181000135000 -1226000182500180000 124000
BUNDALONG 13850010250087000110000 68 5.39600086500 17000095000 -30260000242000124000 ^ ^ ^101000
BUNDOORA 685000305000430000390000 21 1.9425500450000 420000440000 -46637000772500650000 ^ ^ ^347500
BUNINYONG 225000190000195000138000 131 8.7177000145000 275000196000 15292500240000192500 ^119000
BUNYIP 241500154000171500138000 116 8.0187000173000 280000176500 2220000275000180000^ ^ ^ ^ ^ ^129500
A Guide to Property Values 2019 | Page 105
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
BURNSIDE 416000302500282500240000 143 9.3260000275000 454500295000 -7499500487000307500^ ^ ^ ^187000^
CAMPBELLS CREEK 13500011900011500089500 132 8.811900088000 203000126500 31300000154500130000 ^ ^87500
CAMPERDOWN 74500700009500093500 3 0.39300090000 9500095000 12360008500082500^ ^ ^ ^ ^ ^ ^92500^
CANADIAN 125000140000162500134500 43 3.7140000142000 147500145000 2160000145000109500 ^ ^ ^103000
CAPE PATERSON 280000224000238500240000 11 1.1210500232500 245000215000 -2300000250000220000 ^ ^ ^ ^220000^
CARDIGAN 220000210000205000- 0 NA120000205000 340000169000 62365000210000220000 ^ ^ ^ ^ ^-
CARRUM DOWNS 300500225000209000180500 122 8.3207500207000 370000206000 -1411000375000235000 ^167000
CASTLEMAINE 181000130000130000124000 234 12.8139500120000 267500139000 41210000190000150000 ^80000
CHARLEMONT 17650014500050000- 0 NA149000149000 25000050000 17245500213000161000 ^ * ^ * -
CHIRNSIDE PARK 472000315500289500188000 172 10.5257000172500 407500281500 -22553000520000408000 ^150000^
CHURCHILL 15150012400012250088000 18 1.6110000104000 105000117500 -25164000139500144000 ^ ^ ^ ^ ^ ^ ^ ^89500
CLIFTON SPRINGS 182000175000165000155000 101 7.3175000182500 280000169000 33303000210000177000 ^139000
CLUNES 81500610007900045000 136 9.06450055000 9650076500 -207500012000083500 ^ ^ ^ ^41000^
CLYDE 280000208000186000215000 0 NA200000213000 310000195000 -5315000325000221000 -
CLYDE NORTH 300000230000220000201000 167 10.3210000220000 320000204000 -5333000336000243000 120000^
COBBLEBANK 191000140000140000- 0 NA155000152000 245000136500 34391500183000161000 ^ ^-
COBRAM 81500780007500087500 29 2.67000082500 10450086000 413500010050080500 ^81000
COHUNA 118000840006300052500 95 6.96200092500 171000111500 426200012000097500^ ^ ^ ^ ^ ^ ^ ^ ^ ^87500^
COLAC 110000990009900095000 82 6.29200093500 15000099000 3NA14500097000 82500
CONNEWARRE 415000380000370000350000 92 6.8395000390000 545000395000 14714000480000377500 ^ ^ ^283500
CORINELLA 145000149000150000142000 78 5.9174000172500 200000165000 8195000185000143000 ^ ^ ^ ^112500
CORIO 148000170000126500140000 74 5.7188000192500 217500194000 25250000174500152000 ^ ^ ^ ^ ^ ^125000^
CORONET BAY 149000133500139000120000 20 1.8120000120000 195000104000 5250000185000135000 ^ ^ ^ ^ ^163000
COWES 157500149000144000163000 64 5.1172000170000 295000170000 74330000170000150500 ^ ^180000
COWES WEST 163000140000140000146000 62 5.0145000159000 240000133500 7240000225000145000 148000
CRAIGIEBURN 303500230000208000180000 115 7.9190000195000 335000195000 -4360000348000248000 156000
CRANBOURNE 325000214000180000190000 123 8.3177000196000 346000178000 -9351000382000210500 155500
CRANBOURNE EAST 295000211000202000198000 68 5.4209500199000 288000196000 -17326000345000232000 171000
CRANBOURNE NORTH 284000249000225000197000 110 7.7202000224000 369000205000 23367500300000269000 ^176000
CRANBOURNE SOUTH 224000224000224000- 0 NA-- 325000- 12353000290500224000 ^ * -
CRANBOURNE WEST 292000221000208000199500 40 3.4205000210000 247000198500 -16153500295000236000 176500
CRESWICK 11000010950070000105000 97 7.010000090500 13300080000 6127500125000125500^ ^ ^67500^
CROYDON 400000425000316000319000 12 1.2252000247000 326000245000 -7820000350000357500 ^ ^290000
CURLEWIS 180000157000160000149000 69 5.4155000155000 249000159000 19325000210000165000 ^147000^
DALYSTON 10900089500107500114000 38 3.2125000119000 139000129000 1616200012000089000 ^101000
DARLEY 170000151500152000130000 165 10.2154000148000 315000162000 9270000289000182000 ^119000
DAYLESFORD 170000150000180000135000 88 6.5157000150000 210000155000 -13245000241000162500 ^111500
DEANSIDE 351500--- 0 NA-- 328500- -13370000376000- -
A Guide to Property Values 2019 | Page 106
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
DELACOMBE 137500135000130000102500 96 6.9120000115000 175000120000 17184000150000130000 ^89500
DENNINGTON 125000121500128500116500 16 1.5117500118000 130000120000 5130000124000130000 ^ ^ ^112000
DIAMOND CREEK 430500375000345000198000 130 8.7129000297500 427000314000 0465000425000400000 186000
DIGGERS REST 217000181000175000200000 0 NA137000140000 294000178500 5290000280000196500^ -
DINNER PLAIN 840005950060000149000 -55 -7.79800085000 11500059000 281300009000063000^ ^ ^ ^ ^ ^255000^
DONCASTER 1005000795000702500850000 135 8.9300000270000 995000112500 0995000995000907500^ ^ ^ ^ ^ ^423500^
DONNYBROOK 254500182000182000- 0 NA-- 288000- -10313000320000182000 ^ * -
DOREEN 245000199000182000186500 95 6.9190000201500 318000180000 -3340000328000210000 163000
DROMANA 475000294000285000267500 161 10.1240000293000 405000283000 -27480000557500420000 ^ ^155000^
DROUIN 165000125000125000115000 123 8.3135000130000 205000130000 -2215000210000136500 92000
DRYSDALE 180000164000169500150000 85 6.3157000165000 240000169500 7NA225000157000 130000
EAGLE POINT 10800022350010900099000 5 0.599000112500 128500132500 -5130000135000110000 ^ ^ ^ ^122500^
EAGLEHAWK 10000011500010950078000 59 4.8112000105000 114000105500 12165000102000108000 ^ ^71500
EAST BENDIGO 236500200000223000150000 28 2.5154000135000 175500125000 -19NA216000185000^ ^ ^ ^ ^ ^ ^ ^ ^ 137500^
EASTWOOD 120000125000121500112500 26 2.3116500115500 122000115000 -5134500128000111500 ^97000
ECHUCA 150500140000139000115000 31 2.7115500122500 150500140000 -2155000154000144500 ^115000
ELLIMINYT 140000123000127000102500 72 5.6110000116500 189000113000 27NA149000135000 110000
ELMORE 80000650009250082000 57 4.67100064000 6900093000 -21750008750075000^ ^ ^ ^ ^ ^ ^ ^ ^ ^44000^
EPPING 245000220000195000179000 52 4.3190000192500 240000193500 -24175500317000275000 ^157500
EPSOM 11650012500011750086500 69 5.4110000101500 134000116000 1142000133000118000 ^79500
EUMEMMERRING 315000315000315000- NA NA295000355000 321500315000 0336000321500315000 ^ ^ ^ * * * ^-
FERNTREE GULLY 400000415000228000245000 123 8.4280000298000 402000270000 -23655000520000370000^ ^ ^ ^ ^ ^ ^ ^180000^
FLORA HILL 225000181500240000113000 87 6.5143500122000 185000190000 19170000155000155000^ ^ ^ ^ ^ ^ ^ ^ ^99000^
FOSTER 14250013200012600097000 39 3.312100089500 123500125000 11NA111000165000^ ^ ^ ^ ^ ^ 89000
FRASER RISE 305000257000235000- 0 NA226000245000 326000223000 -7340500350000265000 -
FYANSFORD 258500240000227000- 473 19.1-- 344000- 15332500299000275000 ^60000^
GARFIELD 225000230500188000160000 131 8.8210000180000 312500185000 7318500291500232500^ ^ ^ ^ ^ ^ ^ ^135000^
GISBORNE 297500245000227000197000 133 8.8230000239000 415000224000 1526500410000286000 ^178000
GOLDEN BEACH 45000460004000055000 4 0.44400055000 5200047000 3430005050047000 50000
GOLDEN SQUARE 173500178500156500106000 64 5.0129000116500 150500148500 8170000139500175000 92000
GRANTVILLE 140000139000115000130000 141 9.2126000134000 265000122500 51235500175000135000 ^ ^ ^ ^110000
GREENVALE 342000260000248000274000 86 6.4244000262000 372000228000 -13412000426000292000 200000
GROVEDALE 255000200000189000185000 115 8.0195000182000 322500184000 -2325000329000195000 ^ ^150000
HAMILTON 76500880008700081500 -2 -0.28350094500 8300091000 -91130009100098000 ^ ^ ^85000
HARCOURT 14400013500010000075000 93 6.89650099000 17350098000 16125000149500137000^ ^ ^ ^ ^ ^ ^ ^90000^
HARKNESS 176000144000145000135000 106 7.5151000160000 230500141000 22267000188500150000 112000
HASTINGS 250000232500210000192000 76 5.8245000196000 285000239000 6320000268000249000 ^ ^ ^ ^162000
HEALESVILLE 310000190000225500119500 202 11.7135000155000 332500211000 11315500300000247500 ^ ^ ^ ^ ^110000^
A Guide to Property Values 2019 | Page 107
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Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
HEATHCOTE 10350011000011850080500 118 8.18700088500 12000074500 41NA85000105000^ ^ ^ ^ ^ ^ ^ ^ 55000^
HERNE HILL 313000248000330000180000 46 3.8220000192500 355000142500 25265000285000190000^ ^ ^ ^ ^ ^ ^ ^ ^ ^243500^
HIGHTON 260000250000252500202000 71 5.5220000215000 300000220500 6315000284000260000 175000
HILLSIDE (MELTON) 320000291000228000249500 91 6.7229000235000 410000234000 28323000320000288000 ^ ^215000
HOPPERS CROSSING 427500350000219000141000 235 12.8140000136500 458500153000 3360000445000340000 ^ ^ ^ ^ ^ ^ ^137000
HORSHAM 11600010500010850085000 79 6.09150097000 11500099500 3112500112000102000 64000
HUNTLY 11500011500010900090000 193 11.410700087000 132000111000 13134000117000113000^ ^ 45000^
HUON CREEK 265000--- 0 NA-- 293000- 9285000270000267500 ^-
INVERLOCH 259000200000200000187500 71 5.5199000224000 290000185000 12312500260000205000 ^170000
IRYMPLE 115000115000108000127500 15 1.4110000135000 129000130000 -212900013150099500 ^ ^ ^ 112500
JACKASS FLAT 13300012800012100086000 0 NA11900097000 138000118000 2141000135000130000^ -
JUNORTOUN 195000207500184000125000 57 4.6145000139000 195000154500 8183000180000194500 ^124000
KALIMNA 850001055008050074500 19 1.87850075000 93000116500 -1712250011250093500 ^ ^ ^ ^ ^ ^ ^78000
KALKALLO 268000181000176000- 0 NA-- 294000105500 -9285000324500202000 ^ -
KANGAROO FLAT 13500013550013000093000 66 5.2106000101500 136000127000 -2170000139000140000 82000
KEILOR PARK 380000205000156000930500 45 3.8472500930500 655000156000 129597000286000100000^ * ^ ^ * ^ ^ ^ ^ ^451000^
KERANG 65000545004200052000 33 2.95000060000 6800048000 5650006500048500 ^ ^ ^ ^ ^ ^51000
KEYSBOROUGH 565000370000377500337000 81 6.1355000347000 542000365000 -2695000555000553000 ^300000
KIALLA 128000126000124000117500 27 2.4118000122000 136000121500 4136000131500130000 107500
KILCUNDA 233500141000157000270000 69 5.4221500212000 295000235000 20395000245000180000^ ^ ^ ^ ^ ^ ^175000^
KILLARA (WODONGA) 140000135000129000102500 126 8.5117000120500 147000121000 1147500145000137000^ ^65000^
KILMORE 127500105000110000100000 149 9.5110000120000 230000115000 5200000220000112500 ^92500
KINGLAKE 185000128500120000110000 87 6.5110000110000 205000110000 41217500145000135000 ^ ^ ^ ^ ^109500
KOO WEE RUP 254000200000173000145000 131 8.7165000165000 300000175000 0315000299000225000 ^ ^130000
KOONDROOK 63500665005700037000 112 7.84800048000 6900065000 19490005800071000^ ^ ^ ^ ^ ^ ^ ^ ^32500^
KOROIT 10350010750010150080000 56 4.69850099500 125000119000 17280000106500114000^ ^ ^80000
KORUMBURRA 12900011000010700099500 99 7.190000100000 180000115000 20195000150000123000 ^90500
KURUNJANG 150500130000133500180000 109 7.6164500215000 240000145000 12NA215000132500 115000
KYABRAM 1150001100009800094000 32 2.897000101000 12400099000 9117500114000115000 ^ ^ ^94000^
KYNETON 211000178500170000111500 246 13.2166500135000 330000177000 43299000230000195000 ^ ^95500
LAKE BUNGA 115000121000118500112500 23 2.1125000107500 118000130000 -4NA122500131000^ ^ ^ ^ ^ ^ ^ ^ ^ 95500^
LAKE GARDENS 210000212500225000- 0 NA210000510000 290000210000 36277000212500210000 ^ ^ ^ ^-
LAKE TYERS BEACH 119000116000135000125000 32 2.8105000107500 13200097500 -12152000150000106000^ ^ ^ ^ ^ ^ ^ ^ ^100000
LAKES ENTRANCE 1010007950089000107000 0 NA94000117500 9650094500 01235009650098000 ^96500
LALOR 405000282500275000256500 136 9.0249000268000 495000255000 -2NA506000330000 ^ 210000
LANCEFIELD 13500014400013800097500 116 8.011500096500 205000115000 0200000205000128000 ^95000
LANG LANG 195500165000150000139500 96 7.0165000155000 265000169500 -1265000267000160000 ^ ^ 135000^
LANGWARRIN 297500250000246000230000 39 3.3233500253000 340000227000 -4NA353500371000 ^ 245000
A Guide to Property Values 2019 | Page 108
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
LARA 225000195000190000157000 171 10.5170000185000 415000199000 14367500365000194000 ^ ^ ^ ^ ^153000
LARA LAKE 191000190000194000166000 88 6.5185000171000 286000186000 15257000249000185500 ^152000
LENEVA 142500112500130000115000 26 2.3109000114500 145000130000 7145000135000148000 ^115000
LEONGATHA 135000140500142000110000 36 3.1145000115500 144000152000 -7128500155000152500 ^ ^106000
LEOPOLD 216500176500165000156500 68 5.3171500175000 250000166000 2NA245000179000 ^ 149000
LILYDALE 352500290000255000225000 168 10.4213500245000 470000225000 -8410000510000388000 ^175500
LOCH SPORT 42500530004800052000 16 1.55000046500 6000044000 24550004850040000 52000
LONGWARRY 160000123000111000110000 158 9.9110000130000 227500115000 14210000200000134000 ^ ^ ^ ^ ^ ^88000
LOVELY BANKS 184500227500227500149000 162 10.1266500154500 269500100000 4269500259500227500 ^ ^ ^ * ^103000
LUCAS 145500129000137000- 0 NA133500127500 182000130000 7200000170000140000 -
LUCKNOW 113000900007750075000 53 4.488500145000 11500077500 210500011250081500^ ^ ^ ^ * ^ ^ ^ 75000^
LYNBROOK 320000225000257000235000 146 9.4240000240000 505000249000 102558500250000326000 ^ ^205000
LYNDHURST 355000229000340000232000 162 10.1230000230000 433000260000 -2485000440000307500 ^165000
MADDINGLEY 174000156000150000109000 139 9.1143000131000 229500153000 11282500206000153000 ^96000
MAFFRA 113000109000112000100000 37 3.2110000110000 117500110000 8NA109000111500 ^ 85500
MAIDEN GULLY 165000159500158000106000 71 5.5130000119000 171000159000 7199000159500171000 ^100000
MALDON 12500012650012000077000 99 7.19250086000 15000090000 11128000135000125000^ ^ ^ ^ ^ ^ ^ ^75500^
MALLACOOTA 150000180500150000145000 -8 -0.9119000160000 12450092000 -1729500015000070500 ^ ^ ^ ^ ^ ^135500^
MALMSBURY 15700016050013650092500 210 12.0107500100000 244000124500 28190000190000155000 ^ ^ ^ ^79000^
MANOR LAKES 250500182500165000150000 146 9.4184000184500 310000155000 3307500300000201000 ^126000
MANSFIELD 172500160000165000121000 58 4.7147000145000 170000167000 -2170000174000180000 107500
MARONG 12800011300011200078000 84 6.39400090000 137000103000 2143000134000137500 ^ ^ ^74500
MARYBOROUGH 85000760007700082000 60 4.87400068000 9900082000 20750008300090000 ^62000
MARYSVILLE 135000120000130000115000 32 2.8115000123500 145000105000 0NA145000154500 ^ ^ 110000
MCKENZIE HILL 132500129000131500102500 24 2.2127500129000 158000125000 7337500147000135000^ ^ ^ ^127000^
MELTON SOUTH 187000150000143500124500 127 8.6162000163000 244500133000 10230000222000160000 107500
MERBEIN 77000425007000067500 -31 -3.64250076000 8250059500 2NA8100057000^ ^ ^ ^ ^ ^ ^ ^ ^ 119000^
MERNDA 244000191000190000187500 78 5.9199000203000 288500186000 -12327500329500217000 162000
METUNG 1265006500080500115000 35 3.198500110000 11500074000 -48900012000065000 ^85000
MICKLEHAM 258000187000180000148000 0 NA186500148000 280000168000 -5275000296000202000^ * -
MILDURA 108000955008900084000 80 6.18450081500 13500089000 517950012900096000 75000
MINERS REST 13300013000012300097000 64 5.1126500100000 146000127500 7150000136500132000 ^89000
MOE 1215001220009650090000 48 4.0110000121000 129000104000 4126500124000129000 87000
MOOROOLBARK 372500321000255000220000 64 5.1200000259000 353500186500 -12310000400000325000 ^215000
MOOROOPNA 10500010000010600093500 31 2.78000090000 110000105000 5110500105000106000 ^84500
MORNINGTON 840000295000345000286000 283 14.4280000273500 765000255000 -7350000820000434500 ^ ^200000
MORTLAKE 31000260004800042500 -6 -0.64000040000 3800031000 1NA3800021000^ ^ ^ ^ ^ ^ ^ ^ 40500^
MORWELL 10700011000010600090000 59 4.8106500120000 129000115000 811400011900096000 ^81000
A Guide to Property Values 2019 | Page 109
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
MOUNT CLEAR 178000148000168000104000 54 4.4159500158000 160000160500 10167000145000140000 ^ ^104000
MOUNT DUNEED 219000187500178000302000 0 NA200000302000 274000199000 3250000266000193500^ * -
MOUNT ELIZA 607500440000470000485000 102 7.3510000570000 850000485000 16720000735000561000 ^ ^ ^ ^421000
MOUNT MARTHA 870000534500420000450000 113 7.8410000475000 915000390000 -148500001065000670000 ^430000
MOUNT PLEASANT 100000137000127500176500 28 2.5132500149000 126500145000 15136000110000109000^ ^ ^ ^ ^ ^ ^ ^ ^99000^
MULGRAVE 706000516500516500460000 91 6.7506000768500 706500512000 -5NA740500660000^ ^ ^ ^ ^ * ^ ^ ^ 370000^
MYRTLEFORD 128000950008000083500 102 7.39250086500 14150087500 913050013000094000^ ^ ^ ^ ^ ^70000
NAGAMBIE 125000115000112500100000 110 7.7110000100000 210000113500 75175500120000120000 ^ ^100000
NARRE WARREN 402500220000247500220000 149 9.5230000220000 460000245000 1NA455000445000 ^ 185000
NARRE WARREN SOUTH 415000260000279500273000 36 3.2300000305000 300000307500 -33530000450000301000 ^220000
NATHALIA 62000790006600090000 117 8.05900057000 9700060000 341250007250072000^ ^ ^ ^ ^ ^ ^ ^ ^ ^45000^
NEERIM SOUTH 127500130000110000106000 104 7.4118000102500 177500109000 25191500142000116000^ ^ ^ ^ ^ ^87000^
NEW GISBORNE 255000240000374000151500 58 4.7262500230000 215000230000 -19310000265000235000^ ^ ^ ^ ^ ^ ^136000
NEWBOROUGH 1075008750011500095000 76 5.8142500119000 150000116000 23182000122000103500 ^ ^ ^ ^ ^ ^85000
NEWLANDS ARM 105000930005650085500 62 5.09300089500 12000095000 4NA11500098500 ^ ^ ^ ^ 74000
NHILL 17500330002600029500 -6 -0.62850050000 2250027000 -27NA3100017500^ ^ ^ ^ ^ ^ ^ ^ ^ 24000
NICHOLSON 125000126000184000184000 80 6.1184000184000 135000184000 5135000128500125000^ ^ ^ ^ ^75000^
NORTH BENDIGO 1150001160009500077000 84 6.3119000100000 14500095000 12127000129500133000 ^ ^ ^ ^ ^ ^ ^79000
NORTH WONTHAGGI 130000129000135000147500 46 3.8137000147500 175000135000 21187500145000126500 ^120000
NUMURKAH 112000830008400075000 39 3.47700085000 10750090000 111500009750085000 ^ ^ ^ ^77000
OCEAN GROVE 244000219500214500209000 95 6.9188000186500 350000199500 7334000326000225000 180000
OFFICER 272000211000185000169000 122 8.3180000180000 318000183500 -3349000329000232500 143000
OFFICER SOUTH 299000--- 0 NA-- 337500- 2310000330000258500 -
PAKENHAM 230000187000170000162000 113 7.8179000170000 297500173000 -1320000300000199000 140000
PARADISE BEACH 50000475004500044000 -19 -2.15000047000 5250039000 -13450006000052500^ ^ ^ ^ ^65000
PAYNESVILLE 145000141500150000120000 35 3.1112500110000 131000124000 -15175000155000115000 ^97000
PETERBOROUGH 155000139000110000125000 68 5.3145000128000 18500079000 1195000182500145000 ^ ^ ^ ^ ^ ^ ^ ^110000^
POINT COOK 330000280000255000229000 111 7.7250000266000 411000244500 -7400000440000305000 195000
POINT LONSDALE 320000265000232000237500 24 2.2235000290500 397500285000 8500000367500251500 ^ 320000^
POREPUNKAH 180000132000118000128500 55 4.5112500118000 175000152500 0180000175000119000^ ^ ^ ^ ^ ^ ^ ^113000^
PORT FAIRY 215000185000215000147000 72 5.5160000165000 235000175000 0350000235000220000 ^ ^137000
PORTARLINGTON 200000192000179500200000 102 7.3217000246500 355000194000 42272500250000180000 ^176000
PORTLAND 50000520009100072000 -19 -2.18000057000 6000085000 -21600007600082000 ^ ^ 74000
PORTLAND NORTH 70000800008000093000 24 2.2170000100000 9500081000 3010200073000130000 ^ ^ ^ ^ ^ ^ ^ ^77000^
RED CLIFFS 75000685005500055000 50 4.14500061500 8650060000 8815008000070000 ^57500
RIDDELLS CREEK 269500245000165000175000 179 10.8227500170000 418000189000 16440500360000260000 ^ ^ ^ ^150000
ROBINVALE 55000590005000055000 42 3.56500051500 6800055000 -1NA6900050000 ^ ^ ^ ^ ^ ^ ^ ^ 48000
ROCKBANK 255000184500265000140000 84 6.3115500165000 280000115500 13257500248000208000^ ^ ^ * ^ ^ 152500^
A Guide to Property Values 2019 | Page 110
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
ROMSEY 204000179000179000126000 218 12.3196000190000 305000220000 17346000261000186000 ^ ^ ^96000
ROSEBUD 360000205000220000160000 153 9.7187000180000 440000241000 38319500320000340000 ^ ^ ^ ^174000
ROXBURGH PARK 263500239000231000224000 82 6.2212000222000 327500207500 18492500277500263000 ^179500
RUTHERGLEN 107500850009750065500 108 7.67850058500 13750090000 2095000115000165000^ ^ ^ ^ ^ ^ ^ ^ ^ ^66000
RYE 370000275000232500230000 100 7.2270000265000 446000255000 -1360000450000282500 ^222500
SAFETY BEACH 447500305000282500289000 124 8.4280000327500 570000192500 27565000450000420500 ^255000
SALE 137000125500120000126500 10 0.9120000134000 135000115000 -5135000142000128000 123000
SAN REMO 240000250000255000183500 131 8.8270000254500 312500242500 14336000275000249000 ^ ^135000^
SANCTUARY LAKES 355000289000265000255000 103 7.3281500280000 416500278500 -4447500435000335000 205000
SEBASTOPOL 1150001050008650090000 68 5.310500090000 141000105000 21300000116500111000 ^84000
SEYMOUR 895008200010500043000 82 6.29800089500 155000109000 11160000140000112500^ ^ ^ ^ ^85000^
SHEPPARTON 124500127000123000118000 28 2.5109000111000 127500107500 0128000127500128000 100000
SHEPPARTON NORTH 116000116000117500115000 56 4.5110000109000 163500118000 -1177000165000115000 ^105000
SMYTHES CREEK 123000--- 0 NA-- 140000- 8NA130000134000 ^ -
SOMERVILLE 325000278000325000209000 157 9.9242500184000 440000342500 18486000374000315000^ ^ ^ ^ ^ ^171000^
SOUTH MORANG 274000270000260000219000 140 9.1248000220000 420000240000 0NA419000280000 175000
SPRING GULLY 321500315000162500121000 44 3.7147000150000 177500170000 -11193000199500194000 ^ ^ ^ ^ ^ ^ ^ ^ ^123000
ST ALBANS 495000311500295000215000 163 10.2260000237500 468500267500 -16480000555000452500 ^ ^ ^ ^178000
ST LEONARDS 165000181500166500130000 82 6.2199500198000 227500190000 14230000199000179000 125000
STRATFORD 85000810008350084500 10 1.08100084000 8450078000 2825008300081000 ^ ^ ^ ^76500
STRATHDALE 267500234000212500148500 105 7.4181000163000 243500165000 1246500242000239000 ^ ^ ^119000
STRATHFIELDSAYE 166500173500172000112000 70 5.5146500135000 165000162000 -2185000168500173500 97000
STRATHTULLOH 236000161000152500- 0 NA176000135000 258500153000 -3263500267000150000 ^ ^ -
SUNBURY 235000215000211000191000 94 6.9200500200000 320000210000 -4347000332000218000 164500
SUNSHINE NORTH 430000280000320000215500 85 6.3253000221000 434000247500 38678000315000387500 ^ ^235000
SWAN HILL 109000880008500085000 67 5.28000070000 11300079000 -18127500138000102500 ^68000
TANGAMBALANGA 1230002920001850004500 0 NA16000095000 135500185000 1134000134000131000^ ^ ^ ^ * ^ ^ ^-
TARNEIT 274500210000191000179000 104 7.4195000200000 299000187500 1317000297000225000 147000
TATURA 112500950009650089000 78 5.98800090000 14600098000 17162500125000105000 ^82000
TAWONGA SOUTH 115000129500111500157500 24 2.2115000112500 167500100000 -720450018000087500^ ^ ^ ^ ^ ^ ^135000^
THE HONEYSUCKLES 77000790007000072000 10 1.06500072000 8000077000 16NA6900077000^ ^ ^ ^ ^ ^ ^ ^ 72500^
THORNHILL PARK 243000193000-- 0 NA-- 271500- -2242000277500199000 -
TONGALA 103000850005750073500 84 6.38500075000 10100086000 110500010000089000^ ^ ^ ^ ^ ^ ^ ^ ^ ^55000^
TORQUAY 295000250000245000242000 99 7.1252000285000 418000240000 17437000358500268000 210000
TRAFALGAR 147000140000140000110000 157 9.9130000130000 215000136000 10225000195000147500 ^ ^83500
TRARALGON 143000152500148500130000 21 1.9157000161500 139000145000 1162500138000150000 115000
TRENTHAM 210000167500155500105000 240 13.0139000128500 348500140000 3520000337500185000 ^102500
TRUGANINA 285000229000212000185000 115 8.0209000215000 331000206000 2337000325000254500 154000
A Guide to Property Values 2019 | Page 111
Locality
Median Vacant House Block Prices 2009 - 2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Prelim
2020
18-19
(%)
Change
09-19
(%)
Growth
PA
09-19
(%)
VENUS BAY 81000835008300095000 25 2.293000105000 10600092500 13945009400090000 85000
WALKERVILLE 7950010350012200085000 54 4.499000103000 115500113000 1616000010000092500^ ^ ^ ^ ^ ^ ^ ^ ^ ^75000^
WALLAN 185000150500150000138000 89 6.6149000164000 231000155000 -6241500245000155000 122500
WALLAN EAST 159000148000136000136500 108 7.6158500150000 250000140500 -2153000255000153000 120000
WANDANA HEIGHTS 310000221500194500260000 110 7.7230000315000 420000230000 25427000335500262500^ ^ ^ ^ ^ ^200000^
WANGARATTA 151000131000125000117000 52 4.3111000117500 147000125500 -9166500162000132000 97000
WANTIRNA SOUTH 516500505000445000405000 137 9.0420000420000 605000425000 6NA572500465000 ^ ^ 255500^
WARBURTON 13000086000105000125000 153 9.713750091000 195000105000 3415250014600085500 ^ ^ ^ ^77000^
WARRACKNABEAL 24000255005000022500 45 3.83000034000 2750023500 -5365002900028500^ ^ ^ ^ ^ ^ ^ ^ ^ ^19000^
WARRAGUL 170000143000146000115000 105 7.4145000145000 215000148000 7230000201500149000 105000
WARRNAMBOOL 150000140000145000133000 19 1.8142500140000 155000152000 4152500149000150000 130000
WEIR VIEWS 195000138000142000117000 0 NA155000175000 230000150000 0230000231000139000 -
WENDOUREE 14500013100012900085000 87 6.58000088000 150000148500 11161500135000150000^ ^ ^ ^ ^ ^ ^ ^80000^
WERRIBEE 253000191500186000167000 68 5.3196500198000 285000162000 -4302000298000208000 170000
WERRIBEE SOUTH 388500345000450000372000 0 NA829000434000 372000701000 -7NA402000389000 ^ ^ -
WEST WODONGA 129000133000113000115000 27 2.4115000120000 139500120500 3140000136000130000 110000
WHITE HILLS 15750013500011050089000 93 6.8128000125000 15700090000 -2159000160500145000 ^ ^81500
WILLIAMS LANDING 365000346000324000244000 136 9.0299000293000 460500299000 41430000327500380000 ^195000
WILLIAMSTOWN NORTH 522500451000300000- NA NA380000360500 513000550000 0NA513000451000 ^ ^ ^ ^ ^ * * -
WINCHELSEA 16800012750013000095000 126 8.5135000113000 196500135000 10292500178000158000^ ^ ^ ^ ^87000
WINTER VALLEY 129000122000125000102000 42 3.6129000126000 150000125000 9158000137000124000^ 105500
WODONGA 141000124000111000105000 54 4.4110000108000 152500117000 4160000146000135000 99000
WOLLERT 265000217000197000210000 72 5.6207000210000 306500195000 -1315500309000233000 178000
WONTHAGGI 145000132000140000140000 10 1.0107000147500 148500120500 2194000145000135000 ^ ^135000
WOODEND 280000230500233000180000 134 8.9216000208000 397500203500 6387500375500235000 ^170000
WOOLAMAI WATERS 260000237500279000202000 97 7.0225000224500 355000279000 2600000347500232500 ^ ^ ^ ^ ^180000
WY YUNG 140500120000149500112500 39 3.3118000114500 138500146500 7NA130000120000^ ^ ^ ^ ^ ^ * ^ ^ 100000^
WYE RIVER 218000218000360000225000 59 4.8215000190000 350000360000 17365000299500212500^ ^ ^ ^ * ^ ^ ^ ^220000^
WYNDHAM VALE 226000174000165000165000 134 8.9171000178000 278000169000 -3291000285500198000 119000
YARRAGON 15000013000013250095000 149 9.6120000125000 205000130000 28210000160000125000 ^ ^ ^ ^82500
YARRAWONGA 130000110000104500110000 68 5.49250098000 16000096000 1165000158000118500 95000
YEA 1490001200008650066500 237 12.99750094000 227500130000 44242500158500159000 ^ ^ ^ ^ ^ ^67500^
YINNAR 88000805008350070000 22 2.08500095000 84000107500 -141350009750094000 ^ ^ ^ ^ ^ ^ ^69000^
A Guide to Property Values 2019 | Page 112
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
% Change
≤60
≤50
≤40
≤30
≤20
≤10
≤0
≤-10
≤-20
≤-30
≤-40
¯0 5 102.5 Kilometers
Municipality - 1 Year Change in Vacant Land Price (Metro)
Warrnambool
Hindmarsh
Loddon Towong
Moira
Indigo
Wodonga
Baw Baw
Yarriambiack
MorningtonPeninsula
Yarra Ranges
ColacOtway
Murrindindi
Horsham
SurfCoast
Cardinia
Bass Coast
Swan Hill
Campaspe
Buloke
NorthernGrampians
Gannawarra
BenallaStrathbogie
GreaterGeelongGlenelg
SouthernGrampians
Wellington
Ararat
Latrobe
GreaterBendigo
Mitchell
Pyrenees Hepburn
GreaterShepparton
Moorabool
CentralGoldfields
Wangaratta
Mansfield
Mildura
Moyne
Golden Plains
Corangamite
WestWimmera Alpine
East gippsland
MacedonRanges
MountAlexander
Ballarat
¯ 0 50 10025 Kilometers
Municipality - 1 Year Change in Median Vacant Land Price (Non-Metro)
% Change
≤60
≤50
≤40
≤30
≤20
≤10
≤0
≤-10
≤-20
≤-30
≤-40
Insufficient Sales
Bayside
Banyule
Manningham
Whitehorse
Boroondara
Stonnington
Melbourne
Port Phillip
Darebin
Yarra Ranges
Maroondah
KnoxMonash
Murrindindi
Cardinia
Casey
Hume
Brimbank
Greater Geelong
Melton
Wyndham
Whittlesea
NillumbikMoorabool
Moreland
MooneeValley
Macedon Ranges
Kingston
Frankston
Hobsons Bay
GlenEira
% Change
≤360
≤330
≤300
≤270
≤240
≤210
≤180
≤150
≤120
≤90
≤60
¯0 5 102.5 Kilometers
Municipality - 10 Year Change in Vacant Land Price (Metro)
Warrnambool
Hindmarsh
Loddon Towong
Moira
Indigo
Wodonga
Baw Baw
Yarriambiack
MorningtonPeninsula
Yarra Ranges
ColacOtway
Murrindindi
Horsham
SurfCoast
Cardinia
Bass Coast
Swan Hill
Campaspe
Buloke
NorthernGrampians
Gannawarra
BenallaStrathbogie
GreaterGeelongGlenelg
SouthernGrampians
Wellington
Ararat
Latrobe
GreaterBendigo
Mitchell
Pyrenees Hepburn
GreaterShepparton
Moorabool
CentralGoldfields
Wangaratta
Mansfield
Mildura
Moyne
Golden Plains
Corangamite
WestWimmera Alpine
East gippsland
MacedonRanges
MountAlexander
Ballarat
¯ 0 50 10025 Kilometers
Municipality - 10 Year Change in Median Vacant Land Price (Non-Metro)
% Change
≤360
≤330
≤300
≤270
≤240
≤210
≤180
≤150
≤120
≤90
≤60
≤30
≤0
≤-10
≤-20
Residential price statistics 1989 to 2020
Alpine Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
93,399 161 84,150 95,508 150 27,250 32,525 1989 56 82,000
93,338 125 89,000 95,946 89 27,000 34,015 1990 35 87,000
93,728 110 106,000 104,844 51 29,000 32,752 1991 28 84,250
89,478 87 100,000 99,204 59 30,000 34,372 1992 33 78,000
93,673 109 83,000 84,384 44 34,500 40,812 1993 22 83,000
94,228 142 82,500 83,961 55 33,000 37,935 1994 23 84,000
94,926 106 91,500 100,239 83 30,000 35,773 1995 19 81,500
101,134 163 98,000 513,244 77 40,000 58,349 1996 45 85,000
100,495 157 75,500 85,984 79 35,000 45,747 1997 35 93,000
103,845 140 83,900 109,489 66 42,105 52,204 1998 52 91,000
118,158 167 100,000 110,683 66 36,500 42,441 1999 30 100,000
118,279 192 104,000 111,545 83 38,000 47,936 2000 44 102,750
127,627 226 111,500 121,314 118 38,000 45,786 2001 62 121,000
148,075 239 113,250 119,704 142 45,000 49,881 2002 68 135,000
181,870 280 150,000 152,055 111 60,000 72,391 2003 89 154,500
193,221 215 189,500 190,079 74 78,500 74,515 2004 56 175,000
234,846 232 227,500 222,680 70 110,000 106,686 2005 62 212,500
261,349 222 230,000 268,861 72 120,000 127,890 2006 60 240,000
284,654 240 200,000 243,669 68 138,000 160,531 2007 58 250,000
257,562 135 260,000 265,696 35 105,000 119,595 2008 32 235,000
260,268 166 242,000 249,205 49 115,000 149,989 2009 45 240,000
279,688 90 253,000 259,288 35 128,500 120,850 2010 26 243,500
282,726 144 225,000 225,384 57 110,000 120,217 2011 39 263,500
283,762 162 220,000 221,162 49 112,000 112,310 2012 43 260,000
293,760 171 209,000 217,313 62 96,200 103,464 2013 33 272,500
294,889 185 215,000 218,437 69 117,500 131,173 2014 51 270,000
315,481 208 196,500 240,850 74 129,250 127,792 2015 50 307,000
351,412 233 290,000 293,745 84 141,000 145,598 2016 51 325,000
374,240 247 300,000 295,898 109 150,000 163,962 2017 57 350,000
408,328 218 290,000 285,791 105 164,000 171,692 2018 64 372,000
457,753 213 407,500 393,535 71 165,000 185,172 2019 42 440,000
425,006 45 342,500 352,800 10 189,500 214,450 2020 10 392,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 117
Alpine Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2867.38Dev Site 2867.38 1674.001674.001 4800000 4800000 1846.15< 351.65<
440.68Fuel Outlet/Garage 440.68 590.00590.001 260000 260000 30.50< ND
126.49Hotel/Motel Unsp 138.14 6757.506757.502 854750 854750 ND ND
674.70Mixed Use Unspec 5964.58 622.50622.502 420000 420000 19.09< ND
1237.38Office Premises Uns 1583.71 334.00221.007 413285 390000 ND 130.00<
354.77Pub/Tavern/Club Unsp 354.77 451.00451.001 160000 160000 14.55< 22.86<
2166.67Retail Sgle Occ Unsp 2163.94 75.0075.002 162500 162500 54.17< 64.36<
NAServ Apt/Unit Unsp NA NANA2 792500 792500 79.25< 223.24<
2525.91Supermarket 2525.91 1544.001544.001 3900000 3900000 ND ND
64.66Tourist Park/Caravan 64.66 23200.0023200.001 1500000 1500000 252.10< 410.96<Industrial (SM)($/SM) (SM) ($/SM)
348.68Factory Unsp 358.86 1075.501075.502 375000 375000 ND 153.06<Primary Production (SM)($/SM) (SM) ($/SM)
2.06DomsticLivestockGraz 3.29 340105.60209200.0010 701100 635500 139.67< 125.59<
2.01GenCrop >20ha Unspec 2.68 400978.50328850.004 805080 857640 147.23< ND
1.21Livestock – Beef 0.75 787700.00666200.003 950666 900000 181.63< 102.62<
3.56Livestock – Dairy 3.56 665661.00665661.001 2373000 2373000 ND 179.09<
2.41Livestock – Sheep 2.52 107783.50107783.502 260000 260000 31.33< ND
1.54MixedFarm&GrazUnsp 0.25 491317.00485600.005 755000 585000 117.00< 112.83<
2.94Orchard Plantations 2.94 234500.00234500.001 690000 690000 151.65< ND
4.89Plant/Tree Nursery 4.89 170700.00170700.001 835000 835000 53.87< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 410000 410000 ND 162.38<
447.35Detached Home Unsp 564.99 1021.22728.00208 457091 439500 118.15< 129.26<
592.01Detached Home(exist) 811.55 851.33918.005 485300 495000 135.62< 167.80<
19.38Res/Rural Lstyle 51.46 28002.488780.5045 541508 500000 84.75< 121.95<
NASingle Strata Unsp NA NANA17 454294 465000 167.27< 160.34<
NAStrata Unit/Flat Uns NA NANA22 335795 331250 109.50< 90.75<
NATownhouse NA NANA2 504000 504000 ND ND
233.47Vac Res A 219.04 726.76662.5062 177697 167500 108.06< 135.46<
92.43Vac Res B 182.93 2560.562050.009 236666 165000 58.82< 76.74<
11.90Vac Res Rural Lstyle 42.54 28826.1413923.5014 343035 309000 123.60< 171.67<
Municipality totals Industrial Total Prices 2 $750,000 Industrial Total
Primary Production Total Prices 27 $21,276,320 Primary Production Total
Commercial Total Prices 20 $17,972,500 Commercial Total
Residential Total Prices 385 $156,347,565 Residential Total
All Sales Total 434 All Sales Total $196,346,385
A Guide to Property Values 2019 | Page 118
Residential price statistics 1989 to 2020
Ararat Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
54,921 191 71,000 68,366 43 14,700 22,218 1989 24 48,000
64,852 118 75,000 73,110 31 12,000 14,814 1990 29 59,250
61,641 ^ 103 70,000 74,208 20 22,750 21,585 1991 6 ^ 60,000
63,935 99 50,900 78,004 13 13,000 16,846 1992 16 58,500
54,778 ^ 114 49,750 51,375 19 20,000 20,548 1993 4 ^ 51,000
58,724 ^ 119 80,000 92,444 15 14,000 12,639 1994 9 ^ 55,000
57,494 ^ 101 53,000 56,777 22 18,000 37,568 1995 9 ^ 55,000
69,558 ^ 112 67,500 67,333 23 20,000 23,389 1996 6 ^ 53,500
71,283 ^ 117 64,500 59,833 20 35,500 63,866 1997 9 ^ 64,000
75,434 ^ 111 66,250 71,375 23 16,000 22,114 1998 8 ^ 65,000
68,132 ^ 119 53,000 56,250 26 21,000 30,589 1999 8 ^ 55,500
75,256 ^ 179 75,000 92,700 18 12,000 17,572 2000 5 ^ 60,000
72,249 216 73,000 67,157 49 27,000 27,172 2001 19 65,000
85,250 231 80,500 92,950 49 20,000 30,545 2002 18 78,000
108,281 241 115,000 114,386 48 40,000 38,860 2003 22 90,000
125,960 191 90,000 90,968 41 36,000 33,554 2004 17 125,000
146,016 214 111,775 110,169 35 45,000 40,205 2005 18 140,000
148,871 ^ 153 187,500 175,312 32 51,250 51,806 2006 8 ^ 137,000
151,856 201 125,000 144,802 23 42,500 47,669 2007 38 145,000
149,113 137 153,000 155,381 23 50,000 52,804 2008 19 138,000
161,640 205 135,000 146,062 24 68,000 59,625 2009 28 150,000
179,064 187 126,000 139,827 24 71,250 68,375 2010 27 169,000
181,191 152 240,000 222,750 17 70,000 63,976 2011 17 165,000
172,991 139 250,000 225,454 19 80,000 68,002 2012 11 160,000
186,820 171 172,000 184,733 23 53,500 61,530 2013 15 168,000
200,452 ^ 156 185,000 195,777 18 80,250 74,833 2014 9 ^ 191,500
219,761 123 170,000 196,900 27 71,600 66,995 2015 10 210,000
203,307 166 191,500 216,575 19 48,000 52,503 2016 12 190,000
207,568 171 133,500 175,541 10 58,625 67,475 2017 12 195,000
210,758 209 208,840 203,440 25 60,000 70,024 2018 22 190,000
222,685 193 207,000 219,078 16 57,000 84,628 2019 19 202,500
230,153 ^ 42 186,000 194,500 5 60,000 59,000 2020 ^ 5 ^^ 226,467
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 119
Ararat Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
115.36Hotel/Motel Unsp 115.36 3034.003034.001 350000 350000 106.06< ND
661.50Pub/Tavern/Club Unsp 661.50 4127.004127.001 2730000 2730000 2095.17< ND
11.04Retail Sgle Occ Unsp 1492.65 20272.00173.004 223750 207500 110.67< 88.30<Community Services (SM)($/SM) (SM) ($/SM)
86.40Place of Worship 85.12 882.50882.502 76250 76250 27.18< 78.61<Industrial (SM)($/SM) (SM) ($/SM)
82.39Factory Unsp 87.40 2427.502427.502 200000 200000 38.10< 40.00<
39.76Ind Dev Site 39.69 5030.005030.002 200000 200000 107.46< 138.89<
72.13Warehouse Unspec 120.67 3015.503015.502 217500 217500 31.35< NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
0.03Closed Roads 0.03 85600.0085600.001 2310 2310 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.04Cattle Feed Lot 0.04 2361400.002361400.001 95000 95000 ND ND
1.02DomsticLivestockGraz 0.65 1143347.17642498.5012 1168980 422936 140.98< 35.84<
0.59GenCrop >20ha Unspec 0.99 1265321.451271000.0012 722509 555450 82.74< 23.65<
1.54Livestock – Sheep 5.64 721170.93553616.5014 1108065 670152 263.68< 420.16<
13.75MixedFarm no infrast 13.75 323800.00323800.001 4453791 4453791 1172.05< 1204.05<
0.76MixedFarm&GrazUnsp 1.85 1331053.671278991.003 1007272 410000 101.16< 105.13<
0.59Vineyard 0.59 168900.00168900.001 100000 100000 9.95< NDResidential (SM)($/SM) (SM) ($/SM)
225.78Detached Home Unsp 320.22 985.39890.00190 221977 200000 105.26< 103.90<
287.79Detached Home(exist) 287.79 1138.001138.002 291250 291250 119.41< 176.52<
NAIndividual Car Park NA NANA1 205000 205000 ND ND
2.51MisImpRuralLand Unsp 2.51 67600.0067600.001 170000 170000 ND ND
8.09Res/Rural Lstyle 17.67 43297.4812120.5042 350425 342500 103.79< 103.79<
NASemi-detached Unspec NA NANA1 220000 220000 ND ND
NASingle Strata Unsp NA NANA13 234076 210000 96.47< 109.66<
NAStrata Unit/Flat Uns NA NANA6 186583 128500 73.43< 83.44<
88.13Vac Res A 51.49 960.911010.0012 88145 72000 120.00< 150.00<
34.20Vac Res B 25.81 2166.252044.004 74075 52750 122.67< 130.25<
5.94Vac Res Rural Lstyle 9.32 17329.5813300.0019 102876 100000 117.65< 156.25<
Municipality totals Infrastruc&Utilities Total Prices 1 $2,310 Infrastruc&Utilities Total
Primary Production Total Prices 44 $45,881,408 Primary Production Total
Commercial Total Prices 6 $3,975,000 Commercial Total
Community Services Total Prices 2 $152,500 Community Services Total
Industrial Total Prices 6 $1,235,000 Industrial Total
Residential Total Prices 291 $65,542,338 Residential Total
All Sales Total 350 All Sales Total $116,788,556
A Guide to Property Values 2019 | Page 120
Residential price statistics 1989 to 2020
Ballarat City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
84,672 1,688 72,500 88,134 448 26,500 32,443 1989 271 75,000
85,830 1,429 75,000 79,874 311 29,000 32,604 1990 237 78,000
86,454 1,310 75,300 81,408 294 27,500 30,303 1991 234 77,000
86,980 1,381 78,000 85,353 322 28,000 31,570 1992 213 79,950
90,677 1,550 80,000 85,170 369 27,500 32,826 1993 237 80,000
90,513 1,527 80,500 90,974 358 29,000 35,161 1994 229 80,000
92,235 1,410 85,000 90,941 268 29,750 39,428 1995 217 82,875
92,064 1,423 85,000 101,138 286 32,000 35,077 1996 189 80,000
95,455 1,586 82,000 89,280 325 34,000 39,541 1997 263 84,000
100,198 1,582 81,000 89,916 400 36,000 41,627 1998 299 86,000
112,492 1,629 85,750 104,119 398 43,000 45,024 1999 246 95,000
116,687 1,890 88,500 103,807 335 47,500 51,300 2000 307 100,250
135,118 2,160 104,000 121,899 731 50,000 53,720 2001 391 122,000
166,062 2,143 127,500 145,882 819 58,000 59,642 2002 369 147,500
195,161 2,188 155,000 169,864 881 70,000 75,800 2003 416 177,750
214,605 2,056 162,500 176,555 655 80,000 85,768 2004 371 195,000
230,893 1,960 177,750 187,169 584 87,000 96,922 2005 332 210,000
234,493 1,890 173,500 176,906 565 88,000 98,695 2006 361 212,000
244,673 1,981 183,500 189,055 705 88,000 96,555 2007 427 220,000
251,035 1,816 185,000 194,937 571 97,000 101,186 2008 365 225,000
261,822 2,201 203,750 208,004 848 95,000 105,748 2009 582 238,000
297,185 2,122 220,000 237,924 813 117,000 123,966 2010 435 265,000
309,973 2,071 225,500 239,311 702 132,000 140,512 2011 440 280,000
313,609 1,926 247,000 254,324 544 135,000 145,051 2012 465 285,000
325,935 2,085 234,925 245,379 673 135,000 148,962 2013 412 295,000
335,969 2,085 245,000 254,621 703 142,000 153,953 2014 428 295,000
334,805 2,121 246,000 248,620 666 135,500 152,776 2015 408 305,000
353,829 2,126 238,000 252,923 672 136,000 157,843 2016 423 320,000
374,368 2,448 255,000 269,412 924 139,000 156,508 2017 514 340,000
411,672 2,467 265,000 275,181 1,550 146,000 158,713 2018 554 370,000
447,764 2,130 280,000 294,968 796 170,000 177,119 2019 386 403,000
463,993 364 291,000 299,686 93 190,000 211,015 2020 73 420,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 121
Ballarat City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
494.02Dev Site 911.75 5091.255460.504 2515200 2220400 272.78< 252.32<
1169.27Health Clinic Unsp 985.84 1183.001183.002 1383250 1383250 163.34< 618.90<
415.84Hotel/Motel Unsp 390.76 3597.503597.502 1496000 1496000 160.86< 81.30<
1278.46Mixed Use Unspec 2050.99 516.50435.0011 659386 550000 91.06< 84.62<
612.51Multi Use FuelOutlet 868.18 1134.671100.003 695000 620000 31.00< ND
2326.97National Co Ret Unsp 2326.97 419.00419.001 975000 975000 ND 12.58<
1367.30Office Premises Uns 833.33 605.46504.0016 963750 619000 77.38< 119.04<
170.72Pub/Tavern/Club Unsp 3324.63 2804.251630.505 502200 596000 66.22< 31.58<
970.34Retail Mult Occ Unsp 535.99 1805.00653.007 1646764 940000 ND 241.03<
326.84Retail Sgle Occ Unsp 964.23 2549.71643.0032 814182 572550 88.08< 143.14<
NAServiced Apartments NA NANA1 385000 385000 ND ND
1081.46Vehicle Sales Centre 1081.46 712.00712.001 770000 770000 17.91< 81.05<Community Services (SM)($/SM) (SM) ($/SM)
391.88Place of Worship 391.88 2807.002807.002 677500 677500 47.54< NDIndustrial (SM)($/SM) (SM) ($/SM)
NAFactory NA NANA1 175000 175000 ND ND
287.32Factory Unsp 193.21 2075.252240.5014 1007480 444500 107.11< 104.28<
237.97Ind Dev Site 122.23 4089.232681.0025 909256 401500 138.68< 130.36<
193.55Warehouse Unspec 337.87 2550.42993.0042 453490 377500 100.00< 75.50<Primary Production (SM)($/SM) (SM) ($/SM)
1.39DomsticLivestockGraz 0.79 489896.00646488.003 680625 730000 81.11< 38.31<
2.26GenCrop >20ha Unspec 4.62 362166.67238000.003 817333 1000000 39.29< 303.03<
59469.70Horse Unspecified 59469.70 33.0033.001 1962500 1962500 284.42< ND
1.22Livestock – Dairy 1.22 468096.00468096.001 572500 572500 ND ND
20.52Livestock – Sheep 20.52 44600.0044600.001 915000 915000 87.67< ND
1.35MixedFarm + infrast 1.35 261500.00261500.001 352500 352500 29.38< 58.75<
2.11MixedFarm no infrast 2.11 338428.00338428.001 712500 712500 ND ND
3.25Vineyard 19.37 158254.00158254.002 515000 515000 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 311750 311750 95.92< 118.42<
781.37Detached Home (New) 781.37 467.00467.001 364900 364900 192.05< 108.93<
642.15Detached Home Unsp 571.86 698.77636.502107 448582 404000 109.18< 126.25<
447.54Detached Home(exist) 590.86 931.75619.508 417000 357750 95.40< 110.08<
NAIndividual Car Park NA NANA5 223600 177000 108.59< 59.00<
NAOYO Sub Dwelling NA NANA1 246000 246000 ND ND
NARes Investment Flat NA NANA1 1250000 1250000 239.46< ND
17.96Res/Rural Lstyle 58.16 43611.0113360.0077 773508 687500 105.77< 120.61<
1000.55Semi-detached Unspec 904.26 352.31282.0014 348035 305000 97.60< 103.39<
NASingle Strata Unit NA NANA11 279636 310000 ND ND
NASingle Strata Unsp NA NANA238 302267 285000 111.76< 121.29<
NAStrata Unit/Flat Uns NA NANA119 262033 255000 91.23< 102.00<
NATownhouse NA NANA13 404281 319950 60.08< 132.21<
291.80Vac Res A 372.24 599.54544.00786 174609 168500 116.21< 125.75<
135.00Vac Res B 100.60 2773.302715.0010 374400 315000 129.90< 150.00<
63.87Vac Res Englobo Oth 60.14 24140.0024300.005 1541885 1461478 22.22< 334.43<
16.36Vac Res Rural Lstyle 49.47 31307.0921200.0046 504367 407500 153.77< 155.84<
NAVilla Unit NA NANA1 285000 285000 ND NDSport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
556.52IndoorSportCent Unsp 556.52 698.00698.001 388454 388454 ND ND
199.00OutdoorSportGrndUnsp 199.00 27890.0027890.001 5550000 5550000 ND ND
Municipality totals Industrial Total Prices 82 $56,057,728 Industrial Total
Sport/Hrtge/Cultural Total Prices 2 $5,938,454 Sport/Hrtge/Cultural Total
Primary Production Total Prices 13 $10,038,876 Primary Production Total
Community Services Total Prices 2 $1,355,000 Community Services Total
Residential Total Prices 3,445 $1,300,171,218 Residential Total
Commercial Total Prices 85 $82,799,750 Commercial Total
All Sales Total 3,629 All Sales Total $1,456,361,026
A Guide to Property Values 2019 | Page 122
Residential price statistics 1989 to 2020
Banyule City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
171,404 1,427 126,000 148,159 105 88,000 110,281 1989 430 144,500
162,814 1,217 125,000 135,710 105 77,000 83,573 1990 429 138,500
155,666 1,389 120,000 140,101 101 70,000 73,302 1991 416 135,000
156,065 1,324 115,000 118,192 81 76,000 82,074 1992 460 135,000
152,532 1,405 117,000 126,837 164 82,500 86,332 1993 479 134,500
156,499 1,519 116,000 124,941 249 79,000 80,452 1994 534 136,000
158,410 1,400 120,000 125,445 200 83,250 84,765 1995 472 133,750
157,426 1,514 117,500 127,004 137 84,000 96,124 1996 563 133,500
171,242 1,775 127,000 135,346 166 80,000 86,403 1997 775 145,000
193,983 1,647 140,000 151,854 174 82,000 86,688 1998 655 161,000
224,717 1,690 155,000 169,579 97 120,000 146,160 1999 753 185,000
240,619 1,715 179,975 200,565 38 105,500 111,611 2000 758 205,000
292,114 1,955 212,000 231,656 142 138,250 132,707 2001 1,026 248,500
334,398 1,738 249,950 260,849 106 170,000 159,241 2002 759 282,500
371,075 1,688 277,750 294,753 101 211,500 212,669 2003 692 320,750
388,596 1,537 275,000 291,746 75 230,000 234,682 2004 592 335,000
407,201 1,540 284,500 312,846 77 230,000 219,053 2005 696 345,000
428,209 1,520 297,000 322,086 68 241,750 253,922 2006 722 368,500
490,189 1,738 340,500 364,187 96 250,000 240,287 2007 1,011 410,000
539,262 1,344 370,000 407,950 42 282,000 272,921 2008 677 445,000
577,492 1,481 410,500 438,470 38 258,476 245,468 2009 857 474,388
689,212 1,349 470,000 495,955 37 350,000 348,142 2010 728 585,000
675,652 1,282 461,300 496,233 33 380,000 367,324 2011 670 564,100
647,133 1,228 448,000 470,534 30 382,500 367,966 2012 707 540,000
689,614 1,421 468,500 502,692 30 363,500 355,706 2013 888 580,000
758,588 1,541 488,000 522,289 39 357,000 395,398 2014 1,044 627,000
851,457 1,691 552,000 586,313 25 604,480 509,364 2015 1,135 718,000
939,152 1,460 569,643 596,445 18 454,250 545,222 2016 1,105 790,250
1,071,208 1,396 645,000 689,210 26 660,000 591,273 2017 1,101 900,000
1,035,757 1,268 641,000 674,508 19 625,000 615,699 2018 759 880,000
986,146 1,227 640,000 661,570 22 500,000 688,549 2019 742 850,000
1,010,196 141 661,000 698,134 0 0 0 2020 * 112 * 876,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 123
Banyule City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
405.74Dev Site 405.74 2684.002684.003 1003000 1000000 ND 37.88<
3788.89Health Clinic Unsp 3788.89 450.00450.002 1292500 1292500 29.58< 126.04<
1242.01Mixed Use Unspec 436.36 863.001245.007 938252 628500 79.91< ND
2365.04Office Premises Uns 4656.46 1610.33838.0010 3716000 1638000 192.71< 172.42<
9444.44Pub/Tavern/Club Unsp 9444.44 153.00153.001 1445000 1445000 ND ND
9837.84Retail Mult Occ Unsp 9837.84 185.00185.001 1820000 1820000 57.55< 251.90<
1155.63Retail Sgle Occ Unsp 3750.00 490.23240.0014 577488 540000 44.81< 72.97<
NAServ Apt/Unit Unsp NA NANA3 495666 352000 46.93< ND
792.81Serviced Apartments 799.83 730.00730.005 555500 590000 47.46< NDIndustrial (SM)($/SM) (SM) ($/SM)
1683.16Factory Unsp 1726.38 518.00559.0019 971331 865000 103.91< 133.08<
1485.13Warehouse Unspec 1591.08 874.50626.507 1201497 973500 118.51< 100.62<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
426.25Closed Roads 426.25 36.0036.001 15345 15345 44.04< 204.60<
64.29Freeways 64.29 6066.006066.001 390000 390000 ND NDResidential (SM)($/SM) (SM) ($/SM)
2518.92Age Care/Nursing Uns 2518.92 2987.002987.001 7524000 7524000 ND ND
NACojoin Strata Unsp NA NANA7 707392 645000 81.65< 103.20<
1439.90Detached Home Unsp 1341.09 691.20645.001213 990629 851000 96.43< 106.38<
1273.34Detached Home(exist) 1273.34 589.00589.002 627500 627500 95.80< 80.35<
NAIndividual Car Park NA NANA8 504562 542500 24659.09< 493.18<
NAIndividual Flat NA NANA1 743000 743000 ND 95.87<
NAOYO Sub Dwelling NA NANA4 716250 772500 ND 106.48<
NAOYO Subdivided Flat NA NANA2 582500 582500 79.58< ND
NARes Co Sh Unit Unsp NA NANA1 500000 500000 67.02< ND
1277.69Res Dev Site 1277.69 1941.001941.001 2480000 2480000 ND 280.23<
499.62Res/Rural Lstyle 354.19 5407.735195.0011 2701818 2800000 105.66< 122.67<
NARetire Village Unit NA NANA2 540000 540000 109.70< 110.54<
1383.64Semi-detached Unspec 933.19 419.67479.5011 555868 580000 81.12< 89.92<
NAShort Term Hol Accom NA NANA1 8740128 8740128 2011.54< ND
NASingle Strata Unit NA NANA12 759525 653000 238.32< ND
NASingle Strata Unsp NA NANA454 676834 650000 102.28< 112.41<
NAStrata Dwelling NA NANA2 640500 640500 ND ND
NAStrata Unit/Flat Uns NA NANA240 620146 607000 92.67< 109.11<
5122.50Terrace House 5122.50 195.00195.001 998888 998888 ND ND
NATownhouse NA NANA18 767250 728750 117.73< 116.60<
1076.83Vac Res A 2131.44 617.95563.0021 671337 490000 78.34< 107.87<
461.34Vac Res B 461.34 2276.002276.001 1050000 1050000 7272.48< ND
285.19Vac Res Rural Lstyle 285.41 4050.004050.002 1155000 1155000 ND 67.15<
Municipality totals Industrial Total Prices 26 $26,865,780 Industrial Total
Commercial Total Prices 46 $64,936,103 Commercial Total
Infrastruc&Utilities Total Prices 2 $405,345 Infrastruc&Utilities Total
Residential Total Prices 2,016 $1,771,589,396 Residential Total
All Sales Total 2,090 All Sales Total $1,863,796,624
A Guide to Property Values 2019 | Page 124
Residential price statistics 1989 to 2020
Bass Coast Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
86,207 734 85,000 88,982 583 25,500 31,104 1989 82 74,000
86,333 530 92,000 93,890 483 30,000 36,297 1990 57 77,000
81,873 473 76,000 89,035 348 29,000 31,975 1991 71 75,000
83,421 506 87,750 83,638 323 25,000 29,072 1992 51 74,000
86,893 579 82,000 99,264 345 28,000 32,971 1993 67 76,000
81,986 604 78,250 92,201 375 25,000 33,551 1994 78 74,000
81,871 618 75,000 90,714 372 24,000 36,056 1995 70 71,500
83,273 680 84,000 97,254 379 20,000 27,301 1996 61 75,000
79,742 804 80,500 84,088 452 21,300 27,577 1997 88 70,500
85,016 843 87,000 96,096 440 21,000 30,844 1998 89 75,000
99,513 991 94,500 107,121 663 26,000 33,918 1999 132 85,000
113,643 1,283 115,000 130,149 830 30,000 36,369 2000 161 97,000
143,198 1,427 145,000 165,803 1,054 40,000 47,141 2001 207 130,000
194,212 1,324 199,000 221,787 786 77,000 79,151 2002 200 168,000
233,669 1,276 225,000 262,478 561 110,000 112,691 2003 181 210,000
245,217 1,040 228,500 261,528 320 125,000 126,422 2004 160 225,000
266,855 996 253,750 284,222 287 130,000 131,987 2005 204 240,000
283,123 988 250,000 282,427 369 136,000 142,461 2006 209 254,500
294,778 1,347 278,250 317,387 469 140,000 139,000 2007 262 263,000
312,504 1,011 280,000 307,224 286 140,000 146,705 2008 197 275,000
323,466 1,139 259,975 298,619 392 147,900 153,474 2009 278 290,000
369,084 1,081 305,000 325,619 607 155,000 165,068 2010 238 332,500
383,377 803 310,000 393,872 351 162,900 184,615 2011 153 350,000
352,094 780 270,000 306,216 258 160,000 178,164 2012 178 330,000
368,200 975 295,000 317,271 283 161,000 175,132 2013 157 332,500
372,235 1,001 280,000 319,734 240 154,450 170,733 2014 139 340,000
366,889 1,168 286,000 315,065 303 141,000 167,473 2015 167 340,000
378,916 1,353 289,500 320,782 447 155,000 175,986 2016 232 350,000
419,527 1,436 320,000 353,439 938 165,000 190,634 2017 293 395,000
485,805 1,148 349,500 374,108 734 185,000 206,443 2018 207 450,000
511,273 958 365,000 393,222 334 240,000 265,583 2019 160 480,000
548,008 230 383,250 365,800 62 250,500 289,993 2020 28 497,497
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 125
Bass Coast Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
3.49Dev Site 3.49 457948.00457948.001 1600000 1600000 372.09< 1454.55<
415.53Health Clinic Unsp 415.53 876.00876.001 364000 364000 7.20< 46.08<
863.42Health Surgery 863.42 637.00637.001 550000 550000 50.00< ND
387.52Hotel/Motel Unsp 387.52 2116.002116.001 820000 820000 56.55< 60.74<
44.47Mixed Use Unspec 787.39 20996.501874.006 844166 687500 178.57< ND
2163.87Office Premises Uns 2163.87 476.00476.001 1030000 1030000 128.75< 271.05<
662.93Pub/Tavern/Club Unsp 1031.75 1606.501606.504 759500 709000 172.93< 23.04<
1519.33Retail Mult Occ Unsp 1519.33 14151.0014151.002 11195000 11195000 765.47< 878.04<
1182.39Retail Sgle Occ Unsp 586.21 673.78435.0012 717333 565000 128.41< 128.41<
NAServ Apt/Unit Unsp NA NANA13 3044166 3553151 1204.46< 1870.08<
NAServiced Apartments NA NANA1 430000 430000 ND ND
4043600.00Tourist Park/Caravan 4043600.00 1.001.001 4043600 4043600 ND 202.18<
360.86Vehicle Sales Centre 360.86 8498.008498.001 3066560 3066560 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
249.64Factory Unsp 741.71 5159.505159.505 804040 519200 132.96< 118.00<
748.16Warehouse Unspec 760.20 885.50885.502 662500 662500 265.00< 2819.15<Primary Production (SM)($/SM) (SM) ($/SM)
6.97Com Flower&Plant 6.97 157800.00157800.001 1100000 1100000 ND ND
2.89DomsticLivestockGraz 4.98 452658.67401800.003 1309333 1078000 110.56< ND
4.56GenCrop >20ha Unspec 4.56 685100.00685100.001 3125000 3125000 553.10< ND
2.54Livestock – Beef 1.55 422284.00474102.008 1072500 867500 78.15< 88.03<
2.85Livestock – Dairy 3.00 521691.00467200.009 1487516 1400000 53.85< 70.04<
3.48Livestock – Sheep 3.48 407500.00407500.001 1420000 1420000 258.18< ND
3.43MixedFarm&GrazUnsp 6.48 673856.14401000.007 2310714 2600000 385.19< 342.11<
4.66Plant/Tree Nursery 4.66 107298.00107298.001 500000 500000 ND NDResidential (SM)($/SM) (SM) ($/SM)
879.02Detached Home (New) 879.02 529.00529.001 465000 465000 89.42< 119.38<
703.13Detached Home Unsp 720.77 732.83650.00951 512201 480000 106.67< 137.14<
258.95Detached Home(exist) 215.96 1359.331366.005 338200 342000 ND 98.28<
NAIndividual Car Park NA NANA1 58500 58500 ND 458.82<
NAOYO Sub Unit NA NANA1 160000 160000 44.69< 61.78<
NAOYO Unit NA NANA1 350000 350000 ND ND
24.01Res/Rural Lstyle 63.32 31819.0218385.0058 769818 703500 96.37< 132.11<
NARetire Village Unit NA NANA1 540000 540000 189.47< ND
1836.73Semi-detached Unspec 1836.73 294.00294.001 540000 540000 110.20< 186.21<
NAShort Term Hol Accom NA NANA1 3553151 3553151 ND 2114.97<
NASingle Strata Unit NA NANA3 449666 285000 ND ND
NASingle Strata Unsp NA NANA106 381604 360000 101.41< 124.57<
NAStrata Unit/Flat Uns NA NANA44 404873 385725 116.89< 133.01<
NATownhouse NA NANA2 930000 930000 434.58< 404.35<
413.08Vac Res A 422.08 651.28616.00328 263574 240000 129.73< 157.43<
164.83Vac Res B 183.23 2277.672234.506 375416 317500 105.83< 119.81<
25.79Vac Res Rural Lstyle 61.02 19224.699374.5016 495825 443750 121.58< 147.92<
NAVilla Unit NA NANA2 196000 196000 ND ND
Municipality totals Industrial Total Prices 7 $5,345,200 Industrial Total
Primary Production Total Prices 31 $48,215,650 Primary Production Total
Commercial Total Prices 45 $90,579,321 Commercial Total
Residential Total Prices 1,528 $697,614,585 Residential Total
All Sales Total 1,611 All Sales Total $841,754,756
A Guide to Property Values 2019 | Page 126
Residential price statistics 1989 to 2020
Baw Baw Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
82,301 543 74,000 113,596 500 26,000 28,157 1989 70 74,000
82,841 340 81,750 96,346 219 29,750 34,816 1990 44 79,000
83,069 317 81,000 92,844 153 29,000 33,392 1991 49 77,000
84,464 345 82,000 90,939 185 27,000 28,198 1992 51 80,000
91,758 432 82,000 88,877 175 28,000 33,895 1993 70 80,250
94,648 431 90,000 114,504 246 27,000 29,499 1994 56 88,000
91,836 386 87,500 95,240 110 32,000 36,175 1995 54 80,000
93,762 379 85,000 99,020 105 31,500 45,243 1996 48 82,500
94,135 412 80,000 80,773 113 29,500 38,716 1997 53 85,000
94,864 427 80,500 84,089 118 29,500 37,345 1998 58 85,000
98,201 478 91,500 109,887 133 31,250 36,799 1999 69 90,000
103,377 538 83,250 85,957 139 34,000 42,299 2000 66 95,000
124,495 652 95,000 97,020 265 35,750 42,983 2001 121 114,000
150,881 587 124,000 125,248 335 48,500 52,751 2002 83 140,000
177,752 645 145,000 161,266 491 62,000 61,512 2003 109 172,000
199,531 563 162,000 179,011 548 70,000 71,126 2004 85 187,500
209,198 640 188,500 188,241 433 75,000 79,026 2005 98 204,750
216,677 568 205,000 225,855 294 76,500 90,977 2006 97 206,000
240,229 692 219,000 288,840 353 82,000 90,320 2007 131 224,501
230,452 664 220,000 227,317 470 84,000 88,478 2008 104 225,000
242,127 826 212,000 241,885 707 90,000 96,089 2009 139 240,000
277,616 759 229,577 252,023 888 112,250 117,911 2010 148 265,468
288,329 686 238,750 240,447 526 135,000 138,555 2011 130 280,000
299,861 662 230,000 232,024 402 133,250 136,445 2012 93 287,500
310,442 730 236,000 251,560 374 136,500 144,738 2013 108 295,000
314,509 752 245,000 255,040 391 139,500 136,273 2014 151 305,000
334,365 851 245,000 243,635 395 132,000 137,227 2015 161 320,000
343,572 933 261,750 266,787 413 142,000 148,892 2016 160 335,000
371,520 1,092 288,000 299,976 899 165,000 166,588 2017 197 367,125
436,944 982 323,950 337,744 677 200,000 200,907 2018 149 425,000
444,252 802 330,000 336,399 332 208,500 211,443 2019 116 435,000
468,610 148 343,000 339,396 60 219,500 234,066 2020 33 460,750
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 127
Baw Baw Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
826.62Dev Site 826.62 1863.001863.001 1540000 1540000 211.32< ND
691.56Mixed Use Unspec 1036.92 1178.501178.503 614833 380000 81.72< ND
3114.11Office Premises Uns 6371.58 287.00287.003 684166 550000 204.08< 191.89<
424.83Pub/Tavern/Club Unsp 503.61 4749.004749.002 2017500 2017500 292.39< 192.14<
758.06Retail Mult Occ Unsp 8245.83 620.00620.002 470000 470000 39.17< 128.21<
1309.76Retail Sgle Occ Unsp 1800.54 1326.211018.0015 1680226 885000 189.30< 179.70<Industrial (SM)($/SM) (SM) ($/SM)
290.86Factory Unsp 566.31 1774.79920.5016 542306 413550 93.99< 140.19<
110.00Food ProcessingUnsp 110.00 10200.0010200.001 1122010 1122010 ND ND
NAGarage/Motor Vehicle NA NANA1 154000 154000 ND ND
16.40Ind Dev Site 27.97 39456.404720.005 647265 590325 196.40< 243.94<
1336.77Warehouse Unspec 1400.00 844.20400.005 1128500 720000 113.39< 109.92<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
10.18Closed Roads 10.18 982.00982.001 10000 10000 454.55< NDPrimary Production (SM)($/SM) (SM) ($/SM)
5.94Cattle Feed Lot 5.94 197100.00197100.001 1170000 1170000 ND ND
2.39DomsticLivestockGraz 4.94 429220.47243000.0016 1114218 1022500 116.19< 137.71<
1.54GenCrop >20ha Unspec 1.54 423573.00423573.001 652000 652000 55.63< ND
2.92Horse Unspecified 2.92 291200.00291200.001 850000 850000 85.86< ND
2.76Livestock – Beef 3.35 311021.90242500.0020 856884 817500 89.34< 103.48<
3.88Livestock – Dairy 2.27 417755.55358250.0020 1619195 1137500 61.99< 104.65<
2.02MixedFarm + infrast 2.02 509537.00509537.001 1030000 1030000 115.73< ND
2.36MixedFarm&GrazUnsp 1.96 470471.84401131.0019 1112105 800000 100.31< 102.56<
21.72Native Bshland 21.72 3453.003453.001 75000 75000 12.82< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA3 331666 310000 ND 118.55<
NADetached Home (New) NA NANA1 475000 475000 ND 109.20<
541.80Detached Home Unsp 569.18 817.76730.00796 444944 435000 102.35< 131.62<
413.81Detached Home(exist) 241.94 792.40620.005 327900 407000 74.00< 120.41<
NAIndividual Car Park NA NANA1 66783 66783 ND ND
1.98MisImpRuralLand Unsp 1.98 98400.0098400.001 195000 195000 54.47< ND
NAOYO Sub Dwelling NA NANA1 315000 315000 ND ND
NAOYO Sub Unit NA NANA1 210000 210000 ND ND
18.40Res/Rural Lstyle 31.68 39285.9511520.00163 722738 730000 98.65< 131.53<
NARetire Village Unit NA NANA2 428500 428500 165.44< ND
NASingle Strata Unit NA NANA6 337825 343500 149.35< ND
NASingle Strata Unsp NA NANA69 337188 330000 101.87< 124.53<
NAStrata Unit/Flat Uns NA NANA33 331951 330000 100.30< 136.10<
NATownhouse NA NANA1 398000 398000 105.57< 147.41<
316.33Vac Res A 325.91 668.31629.00324 210784 208000 104.00< 147.00<
96.23Vac Res B 95.64 2474.502231.508 238125 245000 86.73< 113.95<
12.82Vac Res Rural Lstyle 62.01 29114.826530.5038 373248 392500 99.37< 160.20<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
9.08Outdoor–CrossCountry 9.08 450600.00450600.001 4092000 4092000 ND ND
Municipality totals Commercial Total Prices 26 $35,615,400 Commercial Total
Primary Production Total Prices 80 $92,256,084 Primary Production Total
Residential Total Prices 1,453 $597,763,401 Residential Total
Industrial Total Prices 28 $18,831,735 Industrial Total
Infrastruc&Utilities Total Prices 1 $10,000 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 1 $4,092,000 Sport/Hrtge/Cultural Total
All Sales Total 1,589 All Sales Total $748,568,620
A Guide to Property Values 2019 | Page 128
Residential price statistics 1989 to 2020
Bayside City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
400,000
800,000
1,200,000
1,600,000
2,000,000
2,400,000
2,800,000
3,200,000
3,600,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
310,836 1,167 165,000 208,166 11 275,000 324,909 1989 437 260,000
288,389 1,077 165,000 192,338 14 205,750 330,756 1990 445 232,500
259,584 1,198 150,500 183,716 9 200,000 197,185 1991 ^ 461 ^ 217,500
259,197 1,134 150,000 174,354 27 150,000 180,070 1992 396 214,000
265,039 1,373 158,500 174,611 17 160,000 207,676 1993 489 226,000
293,252 1,462 154,175 183,814 54 112,250 155,333 1994 708 250,000
290,501 1,387 157,625 189,641 77 190,000 186,821 1995 588 245,000
300,624 1,483 151,000 179,686 79 155,000 180,077 1996 645 250,000
359,356 1,704 185,000 226,915 78 167,000 219,553 1997 876 310,000
433,066 1,533 200,750 250,865 51 166,166 206,563 1998 714 352,500
481,239 1,459 256,350 313,014 37 203,500 286,445 1999 788 404,500
529,576 1,514 271,250 320,710 9 66,000 86,260 2000 ^ 808 ^ 441,500
626,606 1,675 325,000 382,931 23 170,000 241,045 2001 1,018 530,000
703,626 1,463 358,500 427,593 11 141,666 154,042 2002 834 605,000
761,314 1,507 380,000 505,694 6 120,000 145,666 2003 ^ 868 ^ 652,000
830,479 1,290 400,000 501,694 3 103,125 116,185 2004 ^ 795 ^ 699,000
890,106 1,439 420,000 513,025 0 0 0 2005 * 784 * 720,000
1,019,432 1,501 450,000 570,642 0 0 0 2006 * 902 * 820,000
1,263,601 1,655 515,000 641,310 3 317,700 745,900 2007 ^ 1,092 ^ 994,000
1,292,204 1,171 510,000 652,502 0 0 0 2008 * 798 * 1,050,000
1,309,825 1,370 555,000 671,198 2 701,000 701,000 2009 ^ 896 ^ 1,075,000
1,489,218 1,252 655,000 789,388 2 1,005,000 1,005,000 2010 ^ 913 ^ 1,257,250
1,379,980 1,129 605,000 726,818 2 1,213,750 1,213,750 2011 ^ 977 ^ 1,170,500
1,363,237 1,097 591,900 697,065 2 1,013,500 1,013,500 2012 ^ 1,096 ^ 1,125,000
1,453,241 1,347 660,000 769,514 0 0 0 2013 * 1,209 * 1,210,000
1,546,902 1,561 661,300 766,193 3 749,750 654,916 2014 ^ 1,484 ^ 1,285,000
1,809,911 1,561 730,000 891,243 6 1,036,665 1,120,535 2015 ^ 1,219 ^ 1,525,000
1,998,822 1,418 790,000 951,793 11 1,225,000 1,565,716 2016 1,149 1,670,000
2,234,467 1,305 844,975 1,009,019 20 1,400,000 1,870,779 2017 1,164 1,850,000
2,278,191 1,147 840,000 1,000,959 11 1,645,000 1,861,318 2018 765 1,860,000
2,041,941 1,146 821,500 964,031 4 1,667,500 1,601,250 2019 ^ 800 ^ 1,710,000
1,909,445 113 820,000 994,937 0 0 0 2020 * 134 * 1,680,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 129
Bayside City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
299.95Health Clinic Unsp 890.71 3300.503300.502 990000 990000 33.92< 19.80<
1253.70Mixed Use Unspec 1253.70 1013.001013.004 1686250 1435000 112.99< 460.34<
231.46Office Premises Uns 3410.94 2937.20495.0021 808328 442000 68.53< 110.50<
4835.96Plant/Tree Nursery 4835.96 718.00718.001 3472222 3472222 ND 69.58<
1071.62Retail Mult Occ Unsp 20282.39 2599.80301.008 2010312 705000 87.44< 63.49<
450.37Retail Sgle Occ Unsp 2508.28 3596.83302.0019 1669309 905000 96.28< 85.88<
1486.38Serviced Apartments 2146.86 1872.001872.004 1945000 1272500 ND ND
5846.42Supermarket 5846.42 1719.001719.001 10050000 10050000 ND 89.33<
8204.23Veterinary Clinic 8204.23 284.00284.001 2330000 2330000 291.25< 274.12<Community Services (SM)($/SM) (SM) ($/SM)
2612.50Vac Health Ser Site 2612.50 12000.0012000.001 31350000 31350000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
6.73Factory Unit 6.73 14883.0014883.004 239475 232550 ND ND
839.29Factory Unsp 109.64 6898.676496.009 4044555 715000 481.48< 156.63<
2423.70Garage/Motor Vehicle 2423.70 557.00557.001 1350000 1350000 ND ND
10.97OpenStorageUnspec 6.28 14883.0014883.005 163240 93500 ND 28.11<
34.17Warehouse Unspec 47.30 9769.0010689.5010 333812 140323 20.15< 35.20<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
1559.39Closed Roads 1818.80 57.2553.506 66683 67650 124.76< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA5 1091116 808080 73.38< 76.41<
NAConjoined StrataUnit NA NANA2 808000 808000 ND ND
NADetached Home (New) NA NANA1 1250000 1250000 43.10< 52.36<
3412.96Detached Home Unsp 5871.13 612.05613.001129 2054807 1720000 92.72< 101.99<
5724.64Detached Home(exist) 5724.64 207.00207.001 1185000 1185000 58.06< 72.26<
NAIndividual Car Park NA NANA38 309414 13000 47.27< 37.96<
NAOYO Co Share Unit NA NANA6 1608000 1179000 106.26< ND
NAOYO Sub Dwelling NA NANA1 1520000 1520000 ND ND
NARes Co Sh Unit HR NA NANA1 275000 275000 ND ND
2329.15Res Dev Site 2406.18 1295.001295.002 3016250 3016250 ND 467.63<
NARes Investment Flat NA NANA1 804000 804000 ND 21.73<
2445.59Res Land (WithBuild) 2445.59 680.00680.002 1222500 1222500 ND 84.60<
NARes/Rural Lstyle NA NANA2 1125000 1125000 1033.06< 140.92<
NARetire Village Unit NA NANA10 682500 720000 100.00< 276.92<
3414.20Semi-detached Unspec 4766.41 363.42345.0015 1183422 1191000 52.93< 99.25<
NASingle Strata Unit NA NANA6 1052833 1131250 185.45< ND
NASingle Strata Unsp NA NANA457 964491 840000 102.44< 100.54<
NAStrata Dwelling NA NANA1 795000 795000 ND ND
NAStrata Unit/Flat Uns NA NANA300 938271 785000 81.34< 112.14<
NATownhouse NA NANA10 1571550 1750000 133.03< 269.23<
2165.31Vac Res A 2465.83 739.50677.504 1601250 1667500 101.37< 138.38<
Municipality totals Commercial Total Prices 61 $97,131,510 Commercial Total
Infrastruc&Utilities Total Prices 6 $400,100 Infrastruc&Utilities Total
Industrial Total Prices 29 $42,863,226 Industrial Total
Residential Total Prices 1,994 $3,140,179,519 Residential Total
Community Services Total Prices 1 $31,350,000 Community Services Total
All Sales Total 2,091 All Sales Total $3,311,924,355
A Guide to Property Values 2019 | Page 130
Residential price statistics 1989 to 2020
Benalla Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
81,981 170 73,850 71,110 52 26,000 33,588 1989 30 72,250
84,158 133 74,000 69,502 35 27,200 26,430 1990 36 75,000
78,460 127 65,000 64,861 21 25,000 23,619 1991 18 73,250
82,485 156 80,250 79,668 35 25,500 30,927 1992 22 75,085
90,076 174 75,000 77,565 28 28,250 28,453 1993 19 82,000
94,532 165 82,000 86,951 46 32,000 29,103 1994 22 87,000
91,310 157 86,250 81,472 43 33,175 39,889 1995 18 83,000
95,720 150 90,500 87,550 39 37,000 48,253 1996 10 86,250
95,585 163 72,000 76,370 37 31,000 32,648 1997 29 83,000
94,412 136 87,000 87,888 29 34,000 51,175 1998 27 85,000
95,186 169 82,000 89,816 42 35,000 37,216 1999 30 85,000
99,280 198 81,500 81,796 37 38,500 45,016 2000 32 85,875
107,937 215 86,000 88,354 37 50,000 56,527 2001 36 98,000
128,326 268 85,000 92,791 70 47,000 57,870 2002 59 125,000
155,283 224 136,000 130,353 42 48,000 54,282 2003 50 150,000
179,537 208 150,000 158,810 33 62,000 57,281 2004 29 171,000
189,997 200 149,500 161,461 49 78,000 79,908 2005 52 183,500
211,091 181 170,000 154,557 32 75,250 79,609 2006 35 200,000
221,672 186 142,500 160,709 30 83,250 88,533 2007 31 200,500
210,971 159 178,000 168,500 22 85,250 89,836 2008 27 208,000
220,154 178 158,000 167,854 69 83,000 79,941 2009 24 210,000
230,193 137 180,000 200,651 37 86,000 85,702 2010 33 220,000
236,938 155 168,750 174,608 29 85,500 92,189 2011 18 227,000
238,492 131 176,000 176,855 21 87,000 91,476 2012 37 215,000
236,849 151 167,500 165,843 13 95,000 79,793 2013 32 224,000
251,148 165 180,000 175,962 34 87,000 89,554 2014 31 235,000
238,475 190 186,000 187,064 23 100,500 99,043 2015 39 220,000
247,343 220 181,500 179,307 33 100,000 103,606 2016 26 230,000
265,662 265 185,000 212,732 49 93,500 95,224 2017 43 250,000
292,200 236 185,000 193,184 44 112,750 115,388 2018 61 281,750
303,768 215 210,000 239,257 49 129,000 128,989 2019 35 290,000
291,529 51 186,250 197,770 5 145,000 127,000 2020 ^ 12 ^ 260,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 131
Benalla Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NADev Site NA NANA1 3026251 3026251 945.70< ND
987.12Hotel/Motel Unsp 987.12 1165.001165.001 1150000 1150000 109.52< ND
111.97Retail Sgle Occ Unsp 114.30 4718.673062.003 528333 350000 111.11< 266.67<Primary Production (SM)($/SM) (SM) ($/SM)
0.93DomsticLivestockGraz 1.21 599691.29410400.0024 555528 381500 171.85< 69.74<
1.46GenCrop >20ha Unspec 0.73 782654.22449300.009 1140538 600000 112.78< 128.00<
2.62Horse Unspecified 2.62 420400.00420400.001 1100000 1100000 ND 523.81<
1.38Livestock – Beef 1.89 693569.33645046.0012 954715 800000 114.29< 177.78<
0.40Livestock – Sheep 0.08 1006708.801216900.005 403400 302000 87.79< 262.61<
1.11MixedFarm&GrazUnsp 1.17 548897.31409880.0013 607366 620000 93.23< 156.96<Residential (SM)($/SM) (SM) ($/SM)
337.93Detached Home Unsp 382.54 882.48779.00213 303249 290000 103.39< 129.46<
352.71Detached Home(exist) 398.65 1018.001018.002 359060 359060 106.47< 154.60<
NAIndividual Car Park NA NANA2 143000 143000 141.58< ND
NARes Dev Site NA NANA1 135000 135000 ND ND
11.04Res/Rural Lstyle 12.90 79093.1542600.0066 873068 456250 110.61< 116.99<
NASingle Strata Unit NA NANA2 197500 197500 ND ND
NASingle Strata Unsp NA NANA22 224750 215500 112.83< 116.49<
NAStrata Unit/Flat Uns NA NANA10 283950 209500 121.63< 174.58<
NATownhouse NA NANA1 195000 195000 ND 120.00<
168.95Vac Res A 129.17 777.75750.0049 128989 129000 114.41< 129.00<
4.90Vac Res Englobo Oth 4.90 235600.00235600.001 1155000 1155000 ND ND
7.02Vac Res Rural Lstyle 14.96 29813.6312161.0030 209166 164500 112.67< 115.85<
Municipality totals Commercial Total Prices 5 $5,761,251 Commercial Total
Residential Total Prices 399 $145,478,308 Residential Total
Primary Production Total Prices 64 $46,066,885 Primary Production Total
All Sales Total 468 All Sales Total $197,306,444
A Guide to Property Values 2019 | Page 132
Residential price statistics 1989 to 2020
Greater Bendigo City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
84,568 1,207 75,000 97,190 461 27,000 32,027 1989 185 78,000
88,541 1,133 80,000 85,578 413 27,500 32,300 1990 227 80,000
87,050 1,029 83,000 91,406 367 27,000 30,522 1991 193 80,000
89,851 1,268 79,500 81,444 485 28,000 32,241 1992 195 82,900
91,912 1,400 80,000 81,644 497 31,000 33,861 1993 261 85,000
94,314 1,295 81,500 89,154 467 32,500 37,146 1994 204 86,000
92,787 1,212 85,000 98,696 362 31,000 34,983 1995 169 85,000
91,482 1,224 80,000 85,294 323 31,000 35,787 1996 172 85,000
95,523 1,346 76,000 82,784 498 32,500 37,867 1997 220 86,500
97,349 1,302 82,500 89,114 443 32,000 35,060 1998 238 88,000
107,214 1,358 87,250 99,544 473 35,000 38,636 1999 225 95,000
110,598 1,613 94,000 107,221 397 36,000 39,120 2000 285 100,000
127,021 1,946 95,000 106,560 772 41,950 45,905 2001 331 120,000
158,363 1,932 127,500 131,785 783 50,000 52,789 2002 317 145,000
190,858 1,878 145,000 152,681 952 61,000 64,919 2003 453 179,475
207,797 1,775 165,000 171,597 610 74,950 79,354 2004 264 195,000
218,697 1,692 183,375 188,959 657 79,500 86,288 2005 308 205,000
229,628 1,649 180,000 187,515 592 85,000 96,620 2006 299 217,000
236,760 1,733 193,000 195,780 562 89,000 97,111 2007 367 221,000
237,073 1,549 187,750 197,656 423 85,000 91,838 2008 260 222,000
246,661 1,752 199,975 206,572 750 86,500 93,066 2009 398 232,125
280,788 1,645 216,250 225,540 723 97,000 106,729 2010 334 262,000
293,919 1,660 225,000 230,267 888 105,425 111,753 2011 295 275,000
312,724 1,654 228,300 223,120 851 112,000 118,827 2012 366 295,000
328,372 1,787 237,250 240,663 779 120,000 130,203 2013 358 307,500
341,437 1,700 235,000 253,431 753 120,000 132,463 2014 335 320,000
342,675 1,643 237,750 235,411 552 132,250 147,269 2015 354 325,000
353,611 1,785 240,000 252,906 481 150,000 154,528 2016 340 322,500
360,182 1,782 257,500 275,168 637 145,000 150,602 2017 301 335,000
378,824 1,963 263,000 272,507 760 145,750 154,240 2018 360 346,800
394,870 1,867 267,000 281,301 779 148,000 165,547 2019 367 360,000
398,022 396 276,000 282,730 169 154,000 167,942 2020 70 374,250
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 133
Greater Bendigo City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
113.35Dev Site 171.40 22125.675391.003 2508000 3300000 927.49< ND
718.39Fuel Outlet/Garage 718.39 1392.001392.001 1000000 1000000 26.74< ND
976.74Health Clinic Unsp 976.74 645.00645.001 630000 630000 70.00< 150.72<
1584.51Hotel 1584.51 284.00284.001 450000 450000 36.61< ND
538.82Hotel/Motel Unsp 538.82 3220.003220.001 1735000 1735000 128.52< ND
90.06Mixed Use Unspec 196.64 12765.291012.0010 930410 752500 175.00< ND
599.29Motel 628.76 1835.501835.502 1100000 1100000 69.69< 147.65<
369.75National Co Ret Unsp 369.75 6142.006142.001 2271000 2271000 ND ND
895.97Office Premises Uns 1853.95 711.56467.5019 607136 555000 213.46< 85.38<
2556.43Retail Mult Occ Unsp 1375.00 723.67800.004 1741250 1257500 93.15< 142.90<
503.38Retail Sgle Occ Unsp 985.92 1051.76568.0018 509027 495000 113.66< 112.50<
NAServiced Apartments NA NANA1 468000 468000 ND 198.73<
110.00Tourist Park/Caravan 110.00 10000.0010000.001 1100000 1100000 142.86< ND
553.42Veterinary Clinic 568.65 1301.001301.002 720000 720000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
533.05Factory Unsp 344.51 837.00537.0010 428750 409750 102.76< 101.17<
183.53Food ProcessingUnsp 183.53 7628.007628.001 1400000 1400000 ND ND
89.78Ind Dev Site 119.50 7093.201749.0017 597879 230340 79.92< 99.71<
556.15Warehouse Unspec 727.18 1567.33997.005 673000 420000 38.18< 63.64<Primary Production (SM)($/SM) (SM) ($/SM)
0.92DomsticLivestockGraz 1.32 426793.92328800.0014 392857 400000 81.22< 142.45<
0.74GenCrop >20ha Unspec 0.78 439330.00481021.006 285000 257500 88.32< 51.31<
1.20Livestock – Beef 5.99 699855.00699855.002 839500 839500 ND ND
0.49Livestock – Dairy 0.49 1309212.001309212.001 639000 639000 ND ND
1.16Livestock – Sheep 1.16 310000.00310000.001 360000 360000 72.00< ND
1.68MixedFarm + infrast 1.58 380000.00310000.003 640000 530000 96.36< 118.77<
0.51MixedFarm no infrast 0.73 422699.00328097.003 216666 240000 97.56< 127.95<
0.80MixedFarm&GrazUnsp 1.29 503248.14396213.009 440722 410000 114.69< 149.09<
3.29Vineyard 3.40 135183.7542153.504 444999 347499 ND 42.46<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA4 460125 318250 150.97< 112.65<
NAConjoined StrataUnit NA NANA2 495000 495000 207.55< 208.42<
455.54Detached Home Unsp 797.55 868.94673.001851 395258 360000 104.35< 112.92<
485.71Detached Home(Comm) 485.71 840.00840.001 408000 408000 ND 168.18<
290.96Detached Home(exist) 407.69 1147.92892.5012 334000 355000 99.02< 107.58<
NAOYO Sub Dwelling NA NANA1 360000 360000 84.11< ND
NAOYO Sub Unit NA NANA3 212333 197000 84.55< 83.56<
NARes Investment Flat NA NANA2 260000 260000 47.62< 22.51<
94.79Res Land (WithBuild) 94.79 633.00633.001 60000 60000 ND 23.29<
10.47Res/Rural Lstyle 16.25 54185.5130000.00288 567246 530000 108.83< 124.12<
NARetire Village Unit NA NANA10 287000 297500 135.23< 330.56<
NASemi-detached NA NANA1 450000 450000 ND 240.00<
NASemi-detached Unspec NA NANA3 380166 365500 96.57< 126.03<
2.34Shack/Hut/Donga 2.34 70000.0070000.001 164000 164000 ND ND
NASingle Strata Unit NA NANA5 294380 299950 ND 135.11<
NASingle Strata Unsp NA NANA236 278095 265000 108.16< 101.92<
NAStrata Dwelling NA NANA2 465000 465000 ND ND
NAStrata Unit/Flat Uns NA NANA93 270454 268000 92.73< 119.11<
NATownhouse NA NANA7 307928 275000 67.90< 93.22<
218.53Vac Res A 243.37 700.32641.00723 161197 145000 101.40< 100.00<
94.83Vac Res B 107.01 2338.002056.5056 221709 217000 108.50< 106.71<
4.81Vac Res Rural Lstyle 7.56 52617.8234450.00106 253416 240000 126.32< 123.08<
NAVilla Unit NA NANA2 340000 340000 ND 158.14<
Municipality totals Industrial Total Prices 33 $19,216,443 Industrial Total
Primary Production Total Prices 43 $18,204,499 Primary Production Total
Commercial Total Prices 65 $55,785,200 Commercial Total
Residential Total Prices 3,410 $1,160,283,072 Residential Total
All Sales Total 3,551 All Sales Total $1,253,489,214
A Guide to Property Values 2019 | Page 134
Residential price statistics 1989 to 2020
Boroondara City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
400,000
800,000
1,200,000
1,600,000
2,000,000
2,400,000
2,800,000
3,200,000
3,600,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
319,937 2,119 149,900 191,869 1 97,000 97,000 1989 ^ 928 ^ 250,000
280,471 1,773 145,000 172,590 6 93,000 97,333 1990 ^ 944 ^ 230,000
267,034 1,905 137,000 160,722 13 182,500 190,384 1991 901 221,000
272,788 2,043 140,000 176,202 14 172,500 182,178 1992 872 230,000
276,966 2,153 149,950 174,434 109 138,000 146,916 1993 1,254 230,000
302,432 2,328 147,500 172,623 85 150,000 177,690 1994 1,427 255,000
292,029 2,320 145,000 176,092 73 147,000 170,127 1995 1,071 245,000
295,134 2,366 137,000 162,825 92 95,900 130,796 1996 1,307 250,000
351,700 2,656 163,000 201,772 75 220,000 244,301 1997 1,659 310,000
395,985 2,285 180,000 216,811 79 180,000 215,455 1998 1,383 340,000
461,167 2,328 217,750 247,089 32 178,960 262,229 1999 1,490 394,000
493,012 2,266 240,000 282,959 19 100,000 211,447 2000 1,645 420,000
588,722 2,442 275,400 313,581 33 194,334 277,863 2001 1,768 500,500
677,161 2,267 312,500 365,065 4 130,444 117,722 2002 ^ 1,451 ^ 590,000
751,251 2,112 341,000 400,123 19 219,000 201,984 2003 1,441 650,000
776,165 1,914 345,000 392,106 10 245,000 260,150 2004 1,382 660,000
843,435 2,065 340,000 394,191 20 159,975 147,272 2005 1,609 701,000
949,197 2,073 364,000 436,409 24 212,886 228,774 2006 1,638 793,000
1,257,584 2,330 460,000 546,954 21 200,000 240,307 2007 1,928 1,050,000
1,248,806 1,715 449,250 505,360 2 184,750 184,750 2008 ^ 1,404 ^ 1,042,500
1,310,165 2,013 485,000 537,746 2 209,825 209,825 2009 ^ 1,907 ^ 1,125,000
1,529,905 1,955 600,000 685,567 0 0 0 2010 * 1,724 * 1,335,000
1,475,360 1,772 572,000 616,720 0 0 0 2011 * 1,647 * 1,265,000
1,442,905 1,821 549,000 642,081 1 265,000 265,000 2012 ^ 1,481 ^ 1,230,000
1,614,730 2,219 570,000 649,317 1 110,000 110,000 2013 ^ 2,223 ^ 1,415,000
1,795,041 2,383 600,000 685,879 5 1,150,000 1,110,000 2014 ^ 2,451 ^ 1,600,000
2,184,515 2,516 660,000 798,944 8 739,500 768,000 2015 ^ 2,099 ^ 1,900,000
2,241,076 2,032 680,000 846,685 8 763,000 1,117,700 2016 ^ 1,913 ^ 1,962,500
2,544,964 1,958 708,000 920,642 9 3,000,000 2,815,333 2017 ^ 1,709 ^ 2,200,000
2,426,595 1,596 685,000 833,739 23 1,650,000 1,425,918 2018 1,403 2,090,000
2,325,058 1,602 720,000 851,168 19 1,710,000 1,889,421 2019 1,207 2,000,000
2,218,530 126 680,000 811,548 1 836,000 836,000 2020 ^ 167 ^ 2,021,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 135
Boroondara City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
572.92Dev Site 572.92 1920.001920.002 770000 770000 ND 75.86<
2195.69Fuel Outlet/Garage 2285.31 3245.003245.002 7125000 7125000 ND 203.72<
2529.51Health Clinic Unsp 2529.51 593.00593.001 1500000 1500000 111.77< 70.29<
NAIndiv CarPark Unspe NA NANA5 78700 80000 296.30< 205.13<
4385.03Live Ent-Major Multi 4385.03 187.00187.001 820000 820000 ND ND
9950.00Mixed Use Shop 9950.00 100.00100.001 995000 995000 ND ND
1801.92Mixed Use Unspec 4574.94 1183.00626.009 2036782 1272140 87.46< 63.29<
13226.12Multi-Lvl Offic Unsp 13226.12 4104.004104.001 54280000 54280000 ND 861.59<
8205.80National Co Ret Unsp 8205.80 2862.002862.001 23485000 23485000 ND ND
1176.71Office Premises Uns 541.87 1750.321218.0046 2196222 727550 103.05< 110.23<
2569.07Retail Mult Occ Unsp 2774.80 3111.50559.0018 5940500 1597000 83.61< 71.87<
1903.31Retail Sgle Occ Unsp 4344.74 1110.53330.0048 2079914 1250000 98.04< 98.04<
NAServ Apt/Unit Unsp NA NANA1 1250000 1250000 187.97< 434.03<
583.26Serviced Apartments 516.26 1159.001261.0013 622538 636000 62.97< ND
656.74Shop & Dwelling 656.74 1477.001477.001 970000 970000 52.80< ND
NAShopping Centre Unsp NA NANA1 62800000 62800000 ND ND
4287.05Veterinary Clinic 4287.05 1073.001073.001 4600000 4600000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1293.96Factory Unsp 1468.46 1564.001564.002 2023750 2023750 ND 71.28<
2663.04Ind Dev Site 2663.04 460.00460.001 1225000 1225000 ND ND
1526.29Warehouse Unspec 8231.71 2402.33328.004 5830000 4600000 127.78< 186.23<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
37.71Closed Roads 150.00 238.6760.005 8833 9000 100.00< 100.00<Primary Production (SM)($/SM) (SM) ($/SM)
40.93Livestock – Dairy 40.93 150561.00150561.001 6161840 6161840 ND ND
NAMixedFarm&GrazUnsp NA NANA1 795000 795000 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA6 1362166 1309000 ND 89.11<
NAConjoined StrataUnit NA NANA1 1920000 1920000 ND ND
3515.04Detached Home Unsp 2760.54 667.45664.001581 2335395 2001000 95.29< 100.05<
6728.78Detached Home(exist) 6477.84 483.00483.003 2640000 2000000 ND 100.50<
NAIndividual Car Park NA NANA27 558837 625000 1984.13< 3472.22<
NAIndividual Flat NA NANA1 385000 385000 ND 16.74<
NAOYO Sub Dwelling NA NANA2 752000 752000 ND ND
NAOYO Subdivided Flat NA NANA1 357000 357000 ND ND
NARes Co Sh Unit Unsp NA NANA1 2350000 2350000 ND 335.71<
3382.01Res Dev Site 3382.01 1301.001301.001 4400000 4400000 182.95< 155.53<
10.39Res/Rural Lstyle 5.78 79221.00103663.007 790357 823500 71.30< 169.79<
NARetire Village Unit NA NANA23 691260 775000 184.52< 137.05<
2609.03Semi-detached 2609.03 642.00642.001 1675000 1675000 115.62< 106.01<
2894.19Semi-detached Unspec 3493.56 608.40437.0017 1346395 1420000 97.03< 97.73<
NASingle Strata Unit NA NANA9 982500 1081500 110.92< 87.22<
NASingle Strata Unsp NA NANA562 887120 795500 110.49< 98.82<
NAStrata Dwelling NA NANA4 1080000 1150500 ND ND
NAStrata Unit/Flat Uns NA NANA585 797848 645000 97.43< 104.45<
NATownhouse NA NANA12 1458333 1328500 ND 204.38<
2729.96Vac Res A 2590.91 692.11660.0019 1889421 1710000 103.64< 213.75<
NAVilla Unit NA NANA1 1192000 1192000 ND NDSport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
3613.73OutdoorSportGrndUnsp 3613.73 11567.0011567.001 41800000 41800000 ND ND
Municipality totals Primary Production Total Prices 2 $6,956,840 Primary Production Total
Commercial Total Prices 152 $501,098,661 Commercial Total
Infrastruc&Utilities Total Prices 5 $44,167 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 1 $41,800,000 Sport/Hrtge/Cultural Total
Industrial Total Prices 7 $28,592,500 Industrial Total
Residential Total Prices 2,864 $4,813,409,592 Residential Total
All Sales Total 3,031 All Sales Total $5,391,901,760
A Guide to Property Values 2019 | Page 136
Residential price statistics 1989 to 2020
Brimbank City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
119,256 1,726 83,000 98,616 1,305 55,000 59,978 1989 312 108,250
124,744 1,280 90,000 102,292 1,086 56,000 58,006 1990 213 113,000
117,494 1,189 92,000 97,693 1,056 47,000 48,664 1991 223 108,000
115,382 1,333 87,200 88,041 1,221 47,250 51,176 1992 211 106,000
115,381 1,623 90,000 92,038 1,082 48,500 53,356 1993 264 106,000
115,074 1,740 90,000 94,208 1,088 51,000 56,711 1994 263 107,500
115,026 1,657 87,000 96,575 1,009 51,500 56,307 1995 302 106,000
113,725 1,703 80,000 86,432 1,044 50,000 55,097 1996 322 104,000
121,923 2,123 94,000 97,077 1,468 53,500 58,139 1997 363 110,000
127,141 2,180 98,000 103,682 1,552 58,950 62,956 1998 453 115,000
148,051 2,392 113,000 118,822 2,373 63,800 68,319 1999 449 135,000
162,235 2,378 124,000 125,931 1,231 67,000 70,920 2000 594 145,125
182,906 2,959 163,000 174,687 1,471 76,300 82,584 2001 900 167,000
217,609 2,877 170,000 178,310 1,131 95,000 98,350 2002 552 200,000
248,354 2,783 198,000 197,763 1,195 126,000 130,176 2003 653 231,000
258,085 2,172 200,000 204,754 630 145,000 144,655 2004 548 240,000
261,317 2,491 206,500 212,993 696 141,000 149,024 2005 498 240,000
263,088 2,221 206,000 233,840 818 140,000 150,202 2006 457 240,000
287,035 2,998 215,000 247,039 1,307 142,000 155,536 2007 768 262,000
320,643 2,518 240,000 247,846 1,051 154,000 156,809 2008 651 300,000
354,137 2,859 270,000 278,839 1,120 171,000 183,048 2009 715 335,200
420,695 2,429 310,000 323,952 498 229,900 237,168 2010 674 400,000
417,353 1,855 316,000 338,091 200 255,000 264,216 2011 478 399,208
397,623 1,794 312,000 319,877 136 274,250 277,291 2012 569 378,000
405,457 2,135 309,000 310,961 208 268,500 268,579 2013 649 385,000
435,670 2,277 320,000 330,088 222 285,000 292,662 2014 704 405,000
472,174 2,688 330,500 342,307 157 275,500 285,228 2015 817 442,250
544,439 2,448 365,000 374,766 132 389,500 381,928 2016 909 515,000
652,655 2,259 403,920 417,708 82 447,500 422,389 2017 763 623,000
662,604 1,780 440,000 434,118 56 460,000 527,589 2018 544 630,000
639,695 1,707 435,000 444,416 74 573,500 552,960 2019 483 610,000
638,746 255 449,500 531,706 8 548,500 556,750 2020 ^ 88 ^ 606,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 137
Brimbank City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
535.90Dev Site 230.41 1012.00651.003 542333 300000 9.86< 31.58<
1054.11Fuel Outlet/Garage 1054.11 1423.001423.001 1500000 1500000 19.53< 109.09<
2551.86Health Clinic Unsp 1876.73 840.50833.506 2144841 1000000 133.33< 135.32<
8.15Mixed Use Office 8.15 21735.0021735.001 177100 177100 ND 41.19<
1065.46Mixed Use Unspec 947.45 1631.00628.008 5813225 1520500 228.65< 276.45<
526.50Office Premises Uns 768.16 1392.40716.005 733100 643500 71.50< 60.71<
4047.62Pub/Tavern/Club Unsp 4047.62 147.00147.001 595000 595000 69.35< 60.10<
742.57Retail Mult Occ Unsp 1279.71 2154.67547.003 1600000 1250000 153.75< 236.97<
1190.43Retail Sgle Occ Unsp 1587.34 1399.67395.0016 1580500 740000 89.43< 113.85<
1101.32Shop 1101.32 681.00681.001 750000 750000 ND ND
NAVehicle Sales Centre NA NANA1 582000 582000 33.26< 16.82<Community Services (SM)($/SM) (SM) ($/SM)
962.77Place of Worship 937.08 2525.002525.002 2431000 2431000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
389.93Factory Unsp 1049.13 3198.03692.0047 1098739 690000 96.50< 126.61<
1179.46Food ProcessingUnsp 1179.46 1772.001772.001 2090000 2090000 2.86< ND
549.92Ind Dev Site 495.00 5136.281568.0031 2686705 704000 173.83< 145.23<
642.54Ind Land Building $0 642.54 630.00630.001 404800 404800 ND 33.73<
8.65Office/Factory 8.65 21735.0021735.001 188100 188100 ND 19.90<
586.92OpenStorageUnspec 586.92 581.00581.001 341000 341000 ND 83.78<
382.42Warehouse Unspec 1353.34 5843.34679.0059 2143296 601000 84.06< 102.12<
2936.36Warehouse/Office 2936.36 110.00110.001 323000 323000 ND 36.70<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
1128.21Unsp–TranspStorUtil 1128.21 39.0039.001 44000 44000 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA11 468663 460000 92.93< 126.03<
1084.49Detached Home Unsp 1025.64 591.38585.001696 640338 610000 96.83< 117.31<
1819.67Detached Home(exist) 1819.67 305.00305.002 501250 501250 90.32< 111.95<
NAOYO Sub Dwelling NA NANA2 620000 620000 ND ND
791.77Res Dev Site 791.77 1263.001263.001 1000000 1000000 47.86< 44.44<
NARes Investment Flat NA NANA2 1850000 1850000 596.77< 276.12<
847.91Res Land (WithBuild) 949.13 876.67806.003 743333 765000 ND 121.43<
23.52Res/Rural Lstyle 23.52 75680.0075680.001 1780000 1780000 421.85< 178.00<
2065.49Semi-detached Unspec 2192.31 280.29260.009 549166 525000 91.30< 118.98<
NASingle Strata Unit NA NANA6 449666 452500 157.12< ND
NASingle Strata Unsp NA NANA283 453103 442000 101.61< 125.57<
NAStrata Unit/Flat Uns NA NANA168 405678 410000 91.30< 105.88<
NATownhouse NA NANA11 497954 505000 78.60< 140.28<
889.58Vac Res A 873.13 626.45670.0073 555330 574000 124.78< 147.56<
173.20Vac Res B 173.20 2194.002194.001 380000 380000 41.87< 35.68<
83.70Vac Res Rural Lstyle 53.58 28100.8320155.006 2352166 1080000 31.85< 127.74<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
1364.15OutdoorSportGrndUnsp 1364.15 22054.0022054.001 30085000 30085000 ND ND
Municipality totals Community Services Total Prices 2 $4,862,000 Community Services Total
Residential Total Prices 2,275 $1,366,654,673 Residential Total
Commercial Total Prices 46 $98,359,447 Commercial Total
Industrial Total Prices 142 $264,730,037 Industrial Total
Infrastruc&Utilities Total Prices 1 $44,000 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 1 $30,085,000 Sport/Hrtge/Cultural Total
All Sales Total 2,467 All Sales Total $1,764,735,157
A Guide to Property Values 2019 | Page 138
Residential price statistics 1989 to 2020
Buloke Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
39,692 ^ 110 75,500 75,500 39 6,200 16,379 1989 2 ^ 32,250
43,071 ^ 74 64,000 43,300 37 8,000 13,287 1990 5 ^ 38,000
40,690 * 60 0 0 24 9,500 12,761 1991 0 * 37,500
44,958 ^ 75 76,750 76,750 26 9,250 16,703 1992 2 ^ 35,500
44,826 ^ 70 70,650 70,650 30 11,000 19,545 1993 1 ^ 41,750
49,798 ^ 83 45,000 45,000 19 6,175 15,000 1994 2 ^ 47,000
40,632 ^ 82 70,000 69,500 18 18,500 39,676 1995 3 ^ 35,500
53,954 ^ 81 20,750 20,750 38 17,750 34,816 1996 2 ^ 46,500
49,194 ^ 85 10,000 10,000 18 16,000 29,973 1997 2 ^ 40,000
45,150 ^ 70 33,570 33,570 19 14,000 35,225 1998 1 ^ 39,750
53,851 * 71 0 0 28 11,500 14,933 1999 0 * 41,000
56,881 ^ 94 99,150 99,150 30 12,750 15,836 2000 1 ^ 49,500
56,988 ^ 92 70,000 66,000 47 16,000 22,136 2001 3 ^ 50,000
56,563 ^ 106 84,679 213,559 55 23,000 26,374 2002 3 ^ 51,000
65,729 * 118 0 0 39 23,000 24,500 2003 0 * 57,500
72,455 ^ 118 94,250 80,666 54 19,000 21,942 2004 6 ^ 66,000
88,937 ^ 105 136,002 97,064 51 17,000 25,404 2005 5 ^ 81,000
104,075 ^ 97 120,000 115,600 29 25,500 32,051 2006 5 ^ 93,000
96,892 ^ 109 148,975 148,975 36 20,000 29,736 2007 2 ^ 85,000
100,463 ^ 83 172,500 161,250 21 18,000 33,690 2008 4 ^ 90,000
91,658 ^ 85 170,000 162,600 13 11,000 26,468 2009 5 ^ 84,000
109,858 ^ 99 185,000 158,666 24 31,250 52,645 2010 3 ^ 89,000
123,021 ^ 95 170,000 170,000 21 28,000 35,700 2011 2 ^ 115,000
106,124 ^ 85 189,000 146,777 23 22,000 51,706 2012 3 ^ 95,000
109,491 ^ 116 155,000 140,000 21 20,000 24,489 2013 3 ^ 101,250
112,017 ^ 90 188,000 169,266 17 20,000 21,360 2014 5 ^ 95,000
118,268 ^ 94 170,000 170,000 20 15,250 22,125 2015 2 ^ 117,500
107,200 ^ 86 185,000 185,000 12 15,000 18,062 2016 2 ^ 82,750
117,663 ^ 99 76,750 76,750 24 12,000 30,788 2017 2 ^ 100,000
138,634 ^ 123 235,000 261,666 18 19,500 23,147 2018 3 ^ 129,002
132,525 ^ 104 160,000 171,333 17 16,500 22,929 2019 3 ^ 115,000
161,354 ^ 31 200,000 185,000 3 15,000 16,666 2020 ^ 3 ^^ 140,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 139
Buloke Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NAHotel/Motel Unsp NA NANA1 110000 110000 63.22< 28.21<
143.58Mixed Use Unspec 143.58 1393.001393.001 200000 200000 ND ND
656.72Pub/Tavern/Club Unsp 656.72 335.00335.001 220000 220000 ND 129.41<
56.57Retail Sgle Occ Unsp 56.57 2033.002033.001 115000 115000 65.71< 153.33<Community Services (SM)($/SM) (SM) ($/SM)
13.86Gov School (Unsp) 13.86 76209.0076209.001 1056000 1056000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1.75Food ProcessingUnsp 1.75 8560.008560.001 15000 15000 ND ND
8.37Warehouse Unspec 39.16 102181.00102181.002 855000 855000 282.64< 235.54<Primary Production (SM)($/SM) (SM) ($/SM)
0.20DomsticLivestockGraz 0.25 760666.67647500.003 151900 160000 68.31< 41.57<
0.42GenCrop >20ha Unspec 0.26 1998665.891850350.0029 835527 454284 106.35< 188.73<
0.27Livestock – Sheep 0.29 1217050.001217050.002 328606 328606 ND ND
0.13MixedFarm&GrazUnsp 0.23 2752408.002977378.505 460025 470590 101.45< 156.45<Residential (SM)($/SM) (SM) ($/SM)
107.03Detached Home Unsp 57.31 1245.421012.00102 132918 115500 90.94< 135.88<
29.18Detached Home(exist) 29.18 3770.003770.001 110000 110000 81.48< 146.67<
4.07Res/Rural Lstyle 5.80 42215.2720700.0011 171727 178000 127.14< 142.40<
NASemi-detached Unspec NA NANA1 115000 115000 ND ND
NASingle Strata Unsp NA NANA3 171333 160000 76.19< 86.49<
20.28Vac Res A 26.38 1213.641175.0011 24618 16000 73.99< 114.29<
8.84Vac Res B 15.66 2243.502129.506 19833 20250 193.78< 135.00<
6.14Vac Res Rural Lstyle 6.07 4587.334696.003 28166 28500 86.36< 51.35<
Municipality totals Primary Production Total Prices 39 $27,643,347 Primary Production Total
Commercial Total Prices 4 $645,000 Commercial Total
Community Services Total Prices 1 $1,056,000 Community Services Total
Industrial Total Prices 3 $1,725,000 Industrial Total
Residential Total Prices 138 $16,660,000 Residential Total
All Sales Total 185 All Sales Total $47,729,347
A Guide to Property Values 2019 | Page 140
Residential price statistics 1989 to 2020
Campaspe Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
82,391 440 74,750 70,513 235 25,000 24,498 1989 60 74,000
85,647 332 87,000 87,688 159 27,500 29,440 1990 73 80,000
86,429 304 83,000 88,200 96 30,000 39,821 1991 74 80,000
91,395 393 88,000 87,730 147 31,000 33,564 1992 76 85,000
97,257 380 89,000 91,085 145 33,500 33,170 1993 71 89,000
97,373 428 92,000 97,212 126 36,000 36,911 1994 81 91,750
101,862 367 90,000 99,138 105 34,000 48,014 1995 75 90,000
97,307 400 92,000 99,354 107 35,000 45,461 1996 63 89,000
106,614 466 95,750 95,108 112 37,000 58,588 1997 108 96,750
113,628 427 94,500 99,922 99 39,000 49,179 1998 85 99,000
116,749 455 95,750 110,401 119 40,000 39,388 1999 76 108,000
121,172 473 110,000 125,110 89 42,500 47,725 2000 101 112,000
126,352 575 98,000 111,345 164 44,000 45,323 2001 123 123,500
147,184 580 130,000 137,257 150 54,500 50,588 2002 152 136,350
169,840 599 150,500 158,435 217 63,000 62,433 2003 104 160,000
182,734 537 175,000 191,143 185 72,000 67,329 2004 102 175,000
199,306 565 183,750 208,521 170 78,250 79,510 2005 128 187,500
228,595 505 185,000 193,501 112 87,500 85,651 2006 116 210,000
225,370 515 200,000 215,620 80 92,500 91,025 2007 120 208,000
231,969 391 209,500 233,263 64 98,500 93,841 2008 88 211,000
226,034 416 200,000 219,885 79 109,000 106,537 2009 70 210,000
231,880 393 203,750 229,724 80 110,000 111,133 2010 78 220,000
243,946 362 205,750 207,275 76 109,750 105,518 2011 76 230,000
250,312 376 230,000 248,567 68 97,500 103,481 2012 73 234,500
258,516 416 200,000 222,223 55 99,000 105,150 2013 103 237,250
258,036 441 221,500 232,962 72 117,500 114,503 2014 94 246,500
272,844 421 232,000 258,830 82 140,000 137,776 2015 101 258,000
283,635 427 231,000 256,009 94 140,000 120,182 2016 92 270,000
287,823 503 266,000 294,897 101 149,000 133,356 2017 83 271,000
322,312 491 250,000 284,771 126 148,000 143,595 2018 81 302,000
311,469 422 240,000 261,475 114 148,713 143,357 2019 90 287,750
313,022 89 257,500 278,664 15 149,750 122,586 2020 16 275,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 141
Campaspe Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2.17Dev Site 62.98 299249.0018043.005 632200 396000 113.14< ND
900.90Fuel Outlet/Garage 900.90 1332.001332.001 1200000 1200000 30.69< 400.00<
50.00Health Clinic Unsp 50.00 2300.002300.001 115000 115000 ND 31.94<
111.11Hotel 111.11 3600.003600.001 400000 400000 ND ND
51.95Mixed Use Unspec 82.30 36019.5036019.502 1871275 1871275 862.34< ND
313.83Multi Use FuelOutlet 313.83 1179.001179.001 370000 370000 ND ND
538.49Office Premises Uns 1106.77 1963.331775.006 1057229 1384332 ND 576.80<
71.10Pub/Tavern/Club Unsp 182.00 4507.504507.502 320500 320500 ND 34.30<
1683.67Retail Mult Occ Unsp 1683.67 490.00490.003 921666 825000 330.00< ND
1130.93Retail Sgle Occ Unsp 1702.45 390.17202.0021 415333 245000 98.99< 112.16<Community Services (SM)($/SM) (SM) ($/SM)
770.43Gov School (Unsp) 770.43 2570.002570.001 1980000 1980000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
78.86Factory Unsp 78.86 634.00634.003 104833 64500 18.70< 23.45<
391.74Ind Dev Site 81.66 3670.402241.007 1215614 550000 454.55< 333.33<
75.47Ind Land Building $0 75.47 1822.001822.001 137500 137500 ND ND
190.96Warehouse Unspec 190.96 1571.001571.003 263333 300000 85.71< 131.15<Primary Production (SM)($/SM) (SM) ($/SM)
0.55Cattle Feed Lot 0.55 365600.00365600.001 200000 200000 ND ND
0.53DomsticLivestockGraz 1.36 572722.09227300.0023 305207 345000 115.97< 194.37<
0.66GenCrop >20ha Unspec 0.55 786055.73444900.0045 514345 325000 108.33< 60.52<
3.54Horse Unspecified 3.38 195981.00195981.002 693750 693750 375.00< 207.09<
0.37Livestock – Beef 0.16 1242240.00600500.005 463053 293930 78.68< 63.55<
0.96Livestock – Dairy 0.69 1978232.06786800.0017 2279117 560000 112.00< 125.84<
1.15Livestock – Sheep 0.76 466373.50469297.004 535610 498220 116.68< 97.69<
0.51MarketGardenVeg <20h 0.51 352100.00352100.001 180000 180000 ND ND
1.18MixedFarm&GrazUnsp 1.19 616572.55476169.5020 725677 425000 121.43< 112.78<
1.85Orchard Plantations 1.85 232700.00232700.001 430000 430000 215.00< 145.76<
1.58Plant/Tree Nursery 1.58 315700.00315700.001 500000 500000 ND ND
1.51Vineyard 2.52 310500.00310500.002 467500 467500 83.09< 24.61<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 220000 220000 ND ND
323.38Detached Home Unsp 336.24 967.56803.00421 311437 287500 92.74< 112.75<
334.36Detached Home(exist) 334.36 972.00972.001 325000 325000 123.81< 119.49<
NAOYO Sub Unit NA NANA2 270500 270500 112.71< 145.43<
5.96Res/Rural Lstyle 22.68 80102.1915270.50119 476169 460000 107.10< 124.32<
NASingle Strata Unsp NA NANA63 258321 240000 102.13< 104.35<
NAStrata Unit/Flat Uns NA NANA21 264119 217000 76.41< 65.76<
NATownhouse NA NANA2 265500 265500 ND 114.19<
190.16Vac Res A 167.25 749.07720.50111 140871 148677 100.46< 106.20<
88.27Vac Res B 178.86 2666.002516.003 235333 188000 221.18< 429.71<
4.01Vac Res Englobo Oth 4.01 274300.00274300.001 1100000 1100000 ND 33.33<
5.74Vac Res Rural Lstyle 42.86 38460.318057.0027 261574 187000 94.68< 132.62<
NAVilla Unit NA NANA1 420000 420000 ND ND
Municipality totals Community Services Total Prices 1 $1,980,000 Community Services Total
Primary Production Total Prices 122 $91,514,058 Primary Production Total
Residential Total Prices 773 $236,142,309 Residential Total
Commercial Total Prices 43 $27,459,926 Commercial Total
Industrial Total Prices 14 $9,751,300 Industrial Total
All Sales Total 953 All Sales Total $366,847,593
A Guide to Property Values 2019 | Page 142
Residential price statistics 1989 to 2020
Cardina Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
111,611 523 87,500 97,853 470 38,500 47,307 1989 68 96,500
110,508 336 95,000 99,597 294 38,500 45,438 1990 55 101,150
100,882 455 91,030 117,633 289 35,500 38,360 1991 52 94,000
100,950 548 85,000 116,197 383 33,500 43,494 1992 51 93,000
101,101 556 81,500 87,478 378 35,500 45,082 1993 60 95,000
101,543 575 82,800 84,674 221 39,000 48,522 1994 55 96,000
107,470 497 79,000 85,801 184 35,250 43,100 1995 43 95,000
105,257 484 83,475 84,679 171 31,000 41,623 1996 52 95,000
107,068 581 80,500 91,043 155 39,185 53,442 1997 70 98,000
112,819 583 85,500 103,612 215 37,500 47,558 1998 80 103,000
125,260 704 94,000 103,755 342 47,000 55,458 1999 87 115,000
127,620 820 100,000 107,891 1,051 7,000 31,535 2000 81 124,000
165,855 933 125,775 137,826 858 67,000 70,004 2001 114 150,000
192,947 1,025 150,000 165,838 1,408 72,000 79,256 2002 124 175,000
218,847 1,143 172,250 184,735 1,431 80,000 87,365 2003 146 202,000
244,431 1,059 200,000 211,889 808 103,000 112,374 2004 117 231,000
255,898 1,049 210,000 229,346 1,007 109,000 122,323 2005 141 238,000
272,575 1,035 220,000 232,268 924 112,000 124,894 2006 160 255,000
287,550 1,315 220,000 232,533 1,509 122,000 133,322 2007 299 268,000
294,617 1,337 235,000 252,238 1,389 132,000 136,498 2008 265 280,000
323,426 1,486 241,750 254,860 1,811 139,900 146,356 2009 358 310,000
367,286 1,436 265,000 264,008 1,867 163,000 169,348 2010 279 345,000
376,515 1,255 275,000 274,419 1,240 172,000 178,137 2011 232 352,500
372,515 1,303 268,000 271,217 746 179,000 185,056 2012 236 350,000
367,624 1,417 270,000 284,117 1,044 178,000 184,757 2013 267 345,000
384,803 1,616 285,000 296,708 1,540 175,000 180,428 2014 301 360,000
409,423 1,830 300,000 305,509 1,616 195,000 203,704 2015 319 376,000
445,513 1,861 320,000 318,959 2,201 219,000 217,559 2016 325 415,000
513,067 2,376 359,995 363,465 1,897 252,000 253,635 2017 388 482,750
566,815 1,826 400,000 410,553 862 310,000 307,685 2018 231 535,000
545,414 1,671 380,000 389,741 460 310,000 313,174 2019 195 520,000
589,036 291 410,000 404,281 97 321,000 343,232 2020 38 545,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 143
Cardina Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
500.36Dev Site 700.64 2824.001884.005 1413005 423500 47.96< 42.35<
427.97Health Clinic Unsp 427.97 1437.001437.001 615000 615000 ND 127.07<
1614.53Mixed Use Unspec 932.02 1321.33912.005 2222000 1710000 354.22< ND
643.25Office Premises Uns 829.17 765.00588.508 658281 587500 124.34< 106.82<
260.35Pub/Tavern/Club Unsp 381.86 7394.007394.002 1925000 1925000 296.15< 229.17<
741.97Restaurant 741.97 903.00903.001 670000 670000 ND 109.84<
92.05Retail Mult Occ Unsp 125.19 6724.506724.502 619000 619000 97.48< 74.74<
603.27Retail Sgle Occ Unsp 767.13 2547.93788.5017 1376590 682000 101.79< 181.87<Industrial (SM)($/SM) (SM) ($/SM)
38.46Coolstore/Coldstore 38.46 35100.0035100.001 1350000 1350000 ND ND
906.81Factory Unsp 1522.80 1346.14614.0047 992890 510000 117.73< 96.09<
292.31Ind Dev Site 281.10 2216.561487.009 647915 418000 79.94< 146.36<
NAOpenStorageUnspec NA NANA1 792360 792360 ND ND
1866.40Warehouse Unspec 3843.37 2964.152905.0015 4906680 3190000 496.11< 996.88<Primary Production (SM)($/SM) (SM) ($/SM)
1.51DomsticLivestockGraz 2.49 571230.00436750.006 863333 980000 79.03< 118.19<
4.70GenCrop >20ha Unspec 4.80 199001.50199001.502 934900 934900 66.78< 93.49<
1.81Livestock – Beef 2.18 678594.00580700.004 1225950 1225000 108.89< 40.83<
4.89Livestock – Dairy 6.52 626326.50392184.506 3060000 2980000 ND 298.00<
12.54Livestock – Sheep 12.54 50400.0050400.001 632000 632000 41.17< ND
3.34MixedFarm + infrast 3.32 226735.50226735.502 757500 757500 ND 84.17<
6.24MixedFarm&GrazUnsp 6.28 223800.00223800.002 1397500 1397500 122.86< 145.50<
50.49Plant/Tree Nursery 49.20 82696.5082696.502 4175000 4175000 231.94< ND
20.09Poultry broiler 20.09 80900.0080900.002 1625000 1625000 ND 198.17<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 382500 382500 78.06< 103.38<
NACommon Land Unit Dev NA NANA1 22000 22000 ND ND
718.17Detached Home Unsp 839.29 764.83560.001642 547411 520000 97.20< 124.40<
463.15Detached Home(exist) 833.33 986.00522.003 456666 435000 32.71< 105.07<
320.01Res Dev Site 354.61 5021.174109.006 1606825 1480500 91.11< 78.09<
656.54Res Land (WithBuild) 656.54 1169.001169.001 767500 767500 ND 105.50<
33.45Res/Rural Lstyle 98.52 31452.7911406.00178 1058481 920000 101.59< 124.66<
NARetire Village Unit NA NANA2 493500 493500 128.18< 177.52<
2861.40Semi-detached Unspec 2491.02 151.15170.5026 429538 426000 97.93< 112.40<
NASingle Strata Unit NA NANA2 387500 387500 ND ND
NASingle Strata Unsp NA NANA147 385748 375000 94.94< 117.47<
NAStrata Unit/Flat Uns NA NANA38 397921 395000 96.34< 123.44<
124.54Sub Div (EnGlobo) 124.54 44162.0044162.001 5500000 5500000 ND ND
NATownhouse NA NANA4 411625 433000 ND 148.93<
594.54Vac Res A 745.80 522.57476.00447 310906 310000 100.00< 141.55<
179.66Vac Res B 191.93 2177.152032.0013 391153 410000 107.19< 178.26<
35.89Vac Res Rural Lstyle 43.57 19911.257000.0029 706615 480000 92.31< 129.73<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
280.75Vac Site – Sporting 183.37 43177.0043177.002 12122000 12122000 ND ND
Municipality totals Industrial Total Prices 73 $128,239,650 Industrial Total
Residential Total Prices 2,542 $1,356,279,539 Residential Total
Commercial Total Prices 41 $53,216,305 Commercial Total
Primary Production Total Prices 27 $46,855,600 Primary Production Total
Sport/Hrtge/Cultural Total Prices 2 $24,244,000 Sport/Hrtge/Cultural Total
All Sales Total 2,685 All Sales Total $1,608,835,094
A Guide to Property Values 2019 | Page 144
Residential price statistics 1989 to 2020
Casey City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
123,007 2,269 97,500 142,949 1,808 49,600 63,797 1989 349 110,900
120,379 2,094 96,000 114,119 1,634 47,000 53,141 1990 338 110,000
112,052 2,380 87,000 101,626 1,906 42,000 47,913 1991 291 104,000
108,606 2,498 85,000 96,789 2,443 41,000 45,984 1992 347 103,000
108,321 2,599 86,000 103,749 2,454 42,500 45,368 1993 335 103,000
111,009 2,690 88,250 102,192 2,108 44,000 48,961 1994 332 106,500
113,957 2,362 87,950 104,603 1,522 45,000 51,818 1995 269 107,000
112,112 2,406 85,570 97,733 1,326 44,705 51,694 1996 281 104,000
115,271 3,108 92,000 112,829 2,037 46,000 52,547 1997 375 108,413
120,875 3,078 95,000 105,934 2,116 50,000 56,014 1998 322 115,000
137,752 3,501 105,500 128,235 2,992 56,000 59,945 1999 344 128,000
152,657 3,923 126,500 144,214 2,434 61,004 64,588 2000 492 142,000
172,609 4,869 135,000 156,054 4,456 66,000 70,963 2001 508 160,550
201,057 4,859 165,000 180,880 4,105 82,000 87,859 2002 607 185,000
233,246 4,997 192,000 212,749 3,817 115,000 121,112 2003 592 220,000
254,008 4,181 206,000 225,431 2,184 136,000 142,294 2004 478 239,000
264,462 4,451 218,000 235,459 2,224 139,000 145,742 2005 473 247,500
276,765 3,947 228,266 268,570 2,441 144,500 157,787 2006 528 258,000
297,403 5,331 232,000 255,653 3,029 158,000 163,489 2007 767 277,000
320,441 4,321 250,000 267,677 2,093 169,000 178,146 2008 674 302,000
349,248 4,973 283,000 302,759 2,656 180,000 186,365 2009 831 331,000
400,474 4,344 306,000 327,512 2,258 203,000 212,717 2010 585 375,000
398,216 3,796 308,000 340,275 1,772 220,000 218,515 2011 530 375,000
398,660 3,638 300,000 323,434 1,843 210,000 216,861 2012 525 375,000
409,007 4,223 308,000 321,341 2,488 205,000 212,287 2013 638 385,000
421,716 4,891 320,000 353,725 2,814 216,000 219,981 2014 669 400,000
456,936 5,567 345,000 371,101 3,856 227,000 231,977 2015 783 435,000
507,673 5,396 360,000 408,465 4,946 242,000 248,241 2016 867 485,000
590,534 5,841 412,500 443,700 4,103 299,900 304,865 2017 794 570,000
630,110 4,477 440,500 467,947 2,573 337,000 336,341 2018 578 602,000
617,506 4,473 425,000 471,108 1,595 321,000 333,538 2019 505 587,500
622,471 823 443,000 472,925 260 333,000 344,610 2020 108 600,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 145
Casey City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
431.77Dev Site 377.00 1521.401237.5010 656901 500568 107.07< 121.88<
2251.84Fuel Outlet/Garage 2251.84 2176.002176.001 4900000 4900000 40.16< 132.25<
903.40Health Clinic Unsp 1272.38 1369.001369.004 7068375 2150000 270.44< 212.87<
2118.43Health Surgery 2104.46 979.50979.502 2075000 2075000 ND 132.84<
490.41Mixed Use Unspec 1798.76 3331.601362.5011 1544409 950000 238.24< 240.62<
2424.24National Co Ret Unsp 2424.24 264.00264.001 640000 640000 ND 32.82<
233.30Office Premises Uns 1037.28 4300.861234.0011 947136 1225000 224.07< 245.47<
972.40Pub/Tavern/Club Unsp 972.40 6376.006376.001 6200000 6200000 1559.75< 124.00<
308.52Retail Mult Occ Unsp 1612.25 2396.75887.505 2241560 712800 184.78< 140.26<
651.31Retail Sgle Occ Unsp 1161.07 3039.471012.0020 1585997 537500 116.53< 90.79<
97.23Serviced Apartments 239.42 6273.506273.502 610000 610000 305.00< ND
868.53Vehicle Sales Centre 868.53 11295.0011295.001 9810000 9810000 185.09< 1011.34<
NAVeterinary Clinic NA NANA1 975000 975000 48.75< NDCommunity Services (SM)($/SM) (SM) ($/SM)
1583.77Day Care Centre 1583.77 382.00382.001 605000 605000 11.98< 16.85<
356.70Gov School (Unsp) 356.70 35001.0035001.001 12485000 12485000 ND ND
165.16NonGov School Unsp 165.16 59942.0059942.001 9900000 9900000 ND ND
153.51Place of Worship 195.04 7573.007573.002 1162500 1162500 ND 176.14<Industrial (SM)($/SM) (SM) ($/SM)
660.41Factory Unsp 1761.51 1504.83414.5062 1011698 600300 108.75< 103.55<
187.94Ind Dev Site 390.65 5965.501156.0014 1121146 463870 108.76< 82.83<
2297.78OpenStorageUnspec 2298.12 49.5049.502 113740 113740 ND ND
1075.73Warehouse Unspec 1784.07 2605.37340.0036 2392733 492660 87.35< 84.22<
1369.73Warehouse/Office 1369.73 522.00522.001 715000 715000 386.49< 110.17<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
NAFreeways NA NANA1 800000 800000 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
21.08DomsticLivestockGraz 21.08 40320.0040320.001 850000 850000 40.42< 0.42<
9.32GenCrop >20ha Unspec 9.32 394700.00394700.001 3680000 3680000 ND ND
24.68MixedFarm + infrast 24.68 202588.00202588.001 5000000 5000000 ND ND
116.98MixedFarm&GrazUnsp 116.98 341381.00341381.001 39934241 39934241 1144.66< 1201.03<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA5 476400 465000 104.26< 125.68<
306.39Detached Home (New) 306.39 1893.001893.001 580000 580000 63.39< 106.13<
1026.33Detached Home Unsp 1176.47 590.87578.004445 618208 589900 97.83< 121.63<
287.50Detached Home(exist) 287.50 4000.004000.001 1150000 1150000 288.94< 242.11<
NAOYO Sub Dwelling NA NANA2 455500 455500 ND ND
399.52Res Dev Site 564.39 2075.13741.5016 829049 415000 87.74< 50.30<
710.23Res Land (WithBuild) 710.23 3520.003520.001 2500000 2500000 682.13< 310.56<
77.13Res/Rural Lstyle 157.43 17626.147155.00136 1349122 1222500 91.92< 116.43<
NARetire Village Unit NA NANA18 336444 310000 96.88< 95.38<
1052.81Semi-detached Unspec 2065.35 460.15217.5026 478577 461597 96.77< 111.55<
789.47Sep House&Curtilage 789.47 418.00418.001 330000 330000 ND ND
NASingle Strata Unit NA NANA9 419944 420000 103.07< 142.37<
NASingle Strata Unsp NA NANA347 476250 422500 98.26< 117.36<
NAStrata Dwelling NA NANA1 509900 509900 ND ND
NAStrata Unit/Flat Uns NA NANA102 478696 436500 90.94< 113.38<
449.08Sub Div (Multi Lot) 449.08 4000.004000.001 1796303 1796303 35.93< ND
NATownhouse NA NANA18 485361 500000 ND 134.58<
792.25Vac Res A 834.38 417.34400.001590 330785 320000 94.96< 132.23<
433.12Vac Res B 738.66 2791.402843.005 1209000 770000 137.99< 235.47<
234.43Vac Res Englobo Oth 155.07 54877.5054877.502 12865000 12865000 299.19< 292.39<
235.01Vac Res Rural Lstyle 212.00 10475.064151.0017 2461764 940000 90.60< 152.85<
NAVilla Unit NA NANA3 483000 442000 22.32< ND
Municipality totals Industrial Total Prices 115 $165,502,250 Industrial Total
Infrastruc&Utilities Total Prices 1 $800,000 Infrastruc&Utilities Total
Commercial Total Prices 70 $133,072,266 Commercial Total
Community Services Total Prices 5 $25,315,000 Community Services Total
Residential Total Prices 6,747 $3,800,964,463 Residential Total
Primary Production Total Prices 4 $49,464,241 Primary Production Total
All Sales Total 6,942 All Sales Total $4,175,118,220
A Guide to Property Values 2019 | Page 146
Residential price statistics 1989 to 2020
Central Goldfields Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
60,866 233 63,000 60,020 91 14,000 19,578 1989 12 57,000
62,391 169 68,000 69,798 68 15,000 16,585 1990 20 57,000
58,147 ^ 166 74,000 74,285 49 14,000 16,104 1991 7 ^ 56,750
64,421 ^ 179 72,500 69,077 49 12,100 15,668 1992 9 ^ 58,500
62,299 183 63,000 54,375 50 10,250 14,000 1993 16 59,000
64,859 160 74,250 75,150 49 14,950 25,482 1994 10 61,000
67,693 135 74,500 69,078 49 14,000 25,820 1995 16 63,000
66,625 187 79,500 72,998 58 15,400 21,798 1996 20 61,000
68,270 145 77,000 68,269 44 15,000 22,863 1997 13 64,500
65,894 138 79,000 128,250 44 20,250 27,308 1998 10 59,500
70,154 155 67,000 65,100 45 20,000 26,843 1999 25 65,000
68,494 196 64,000 62,236 43 23,000 25,780 2000 18 64,000
81,212 230 75,000 81,887 86 35,690 38,242 2001 31 74,250
93,551 239 88,500 91,437 108 42,750 43,802 2002 24 80,000
110,242 259 126,750 112,500 75 35,000 38,073 2003 26 104,625
138,890 218 137,000 140,932 63 39,500 41,741 2004 25 130,000
136,700 223 139,500 148,400 27 44,000 50,425 2005 25 130,000
154,289 192 143,000 144,705 48 44,750 46,611 2006 19 138,500
145,070 227 132,500 144,807 46 50,000 53,131 2007 26 130,000
151,371 189 162,000 182,500 30 56,500 52,148 2008 27 140,000
158,043 228 155,000 150,826 22 58,750 58,840 2009 23 147,000
171,526 205 163,000 189,750 52 61,200 66,301 2010 20 157,500
182,389 217 190,000 186,424 48 67,750 73,302 2011 33 176,000
186,810 196 185,000 188,629 37 72,000 67,440 2012 27 180,000
197,465 213 199,500 196,727 38 82,000 87,092 2013 22 192,000
202,190 194 178,500 169,666 53 75,000 70,883 2014 24 200,000
207,011 219 193,500 191,925 46 73,500 75,001 2015 20 190,000
208,267 215 219,000 219,431 40 89,600 107,842 2016 22 195,000
212,241 229 213,500 203,675 25 75,000 67,800 2017 20 190,000
229,781 233 227,250 238,267 36 80,000 92,137 2018 36 222,000
243,984 206 208,000 211,321 42 79,750 79,740 2019 23 235,000
248,582 ^ 35 227,500 190,000 11 58,000 59,590 2020 6 ^ 240,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 147
Central Goldfields Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
235.56Mixed Use Unspec 243.15 1506.001506.002 354750 354750 76.79< ND
2057.55Office Premises Uns 2057.55 139.00139.001 286000 286000 ND ND
1164.60Retail Sgle Occ Unsp 1164.60 161.00161.001 187500 187500 55.80< 50.92<Industrial (SM)($/SM) (SM) ($/SM)
26.88Warehouse Unspec 26.88 12000.0012000.002 245000 245000 ND 94.23<Primary Production (SM)($/SM) (SM) ($/SM)
2.96DomsticLivestockGraz 1.88 134174.1354771.0016 397725 82250 48.67< 27.69<
1.81GenCrop >20ha Unspec 0.74 617912.00276350.006 1121299 237500 94.25< 48.47<
2.18Livestock – Beef 0.31 156306.33161800.003 340000 50000 21.74< ND
0.45Livestock – Sheep 0.86 539933.33320000.003 241000 275000 ND ND
1.14MixedFarm&GrazUnsp 1.31 284900.00239700.003 325000 315000 74.12< 157.50<
0.19Native Bshland 0.19 537893.00537893.001 100000 100000 400.00< NDResidential (SM)($/SM) (SM) ($/SM)
270.02Detached Home Unsp 302.49 904.06843.00204 243950 233500 105.18< 120.98<
424.78Detached Home(exist) 424.78 565.00565.001 240000 240000 ND 123.71<
3.80Res/Rural Lstyle 10.45 86562.8634400.0050 329137 300000 95.24< 120.00<
NASemi-detached Unspec NA NANA1 255000 255000 ND 110.87<
NASingle Strata Unit NA NANA1 207500 207500 ND ND
NASingle Strata Unsp NA NANA19 201105 208000 77.04< 94.55<
NAStrata Unit/Flat Uns NA NANA3 277296 255000 117.71< 122.01<
96.17Vac Res A 127.74 819.08775.0039 78259 85000 106.25< 95.51<
44.64Vac Res B 87.00 2217.672184.003 99000 55000 102.80< 36.18<
2.02Vac Res Rural Lstyle 3.17 55613.5040300.0038 112526 90000 120.00< 84.91<
Municipality totals Industrial Total Prices 2 $490,000 Industrial Total
Primary Production Total Prices 32 $15,909,397 Primary Production Total
Commercial Total Prices 4 $1,183,000 Commercial Total
Residential Total Prices 359 $79,203,243 Residential Total
All Sales Total 397 All Sales Total $96,785,640
A Guide to Property Values 2019 | Page 148
Residential price statistics 1989 to 2020
Colac Otway Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
75,074 350 68,000 68,100 184 27,500 33,717 1989 30 59,500
75,549 261 79,500 84,658 132 34,500 33,038 1990 40 67,000
79,171 249 71,050 70,083 82 30,500 33,173 1991 28 73,000
83,777 294 90,000 88,441 93 38,000 44,020 1992 25 74,500
86,894 258 71,750 74,503 84 37,000 39,806 1993 26 79,750
89,427 272 86,000 87,263 85 36,000 38,941 1994 35 83,500
90,797 230 94,750 86,166 62 35,250 48,351 1995 18 79,000
88,378 233 82,500 73,411 63 33,000 37,573 1996 31 80,000
94,246 311 105,000 132,385 77 34,000 48,686 1997 35 82,000
97,148 295 82,000 87,694 92 37,500 45,118 1998 53 85,000
105,020 293 74,825 108,877 136 41,750 46,403 1999 38 90,000
118,836 332 121,250 138,711 123 48,000 50,824 2000 70 95,000
145,896 416 123,500 154,282 178 63,750 67,430 2001 78 122,000
176,694 408 151,000 190,320 129 64,000 77,264 2002 78 135,000
197,782 385 175,000 217,383 113 80,000 103,200 2003 60 160,000
230,686 381 245,000 292,634 77 85,000 99,954 2004 63 190,000
239,159 336 230,000 254,613 58 90,000 100,405 2005 69 191,250
265,028 276 232,750 258,420 124 90,000 113,787 2006 82 217,500
283,948 388 275,000 283,944 158 95,000 132,647 2007 85 230,000
263,020 301 260,000 318,144 79 100,000 127,943 2008 62 215,000
282,783 315 239,000 276,093 100 102,500 120,404 2009 64 230,000
326,489 286 317,000 338,706 104 118,250 140,686 2010 57 245,000
305,118 278 249,500 278,565 112 117,250 165,870 2011 64 236,250
294,684 288 270,000 288,706 86 116,000 139,094 2012 46 241,250
298,239 331 252,000 295,103 86 121,000 142,785 2013 55 240,000
328,596 318 272,000 279,815 81 120,000 132,000 2014 47 271,500
315,047 334 240,000 326,928 116 125,000 147,487 2015 42 275,000
363,589 362 279,500 317,524 83 135,000 162,461 2016 48 300,000
386,942 379 317,875 341,513 146 145,000 164,969 2017 64 335,000
407,165 372 315,000 355,750 167 175,000 196,796 2018 62 345,000
426,171 338 342,500 362,562 98 220,000 229,559 2019 48 358,000
474,960 ^ 72 289,000 343,166 12 240,000 242,958 2020 9 ^ 388,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 149
Colac Otway Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1057.54Fuel Outlet/Garage 1057.54 6430.006430.001 6800000 6800000 ND ND
363.20Health Clinic Unsp 363.20 1239.001239.001 450000 450000 ND ND
50.34Hotel/Motel Unsp 50.34 14860.0014860.001 748000 748000 65.04< ND
2784.22Mixed Use Unspec 2784.22 431.00431.001 1200000 1200000 70.59< ND
996.71Office Premises Uns 996.71 6070.006070.001 6050000 6050000 ND ND
737.50Pub/Tavern/Club Unsp 737.50 800.00800.001 590000 590000 102.61< ND
3.72Retail Mult Occ Unsp 3.72 443300.00443300.001 1650000 1650000 ND ND
89.52Retail Sgle Occ Unsp 434.43 5431.561342.009 486222 485000 121.25< 127.63<
550.00Shopping Centre Unsp 550.00 1100.001100.001 605000 605000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
390.19Food ProcessingUnsp 390.19 1448.001448.001 565000 565000 ND ND
44.19Ind Dev Site 60.69 3356.001450.0013 148292 110000 100.00< 37.35<
26.86Warehouse Unspec 155.28 80972.5080972.504 2187500 2175000 856.30< NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.67DomsticLivestockGraz 6.79 588313.71435700.0024 980197 682000 142.08< 177.25<
0.65GenCrop >20ha Unspec 1.60 1385089.50485850.004 897609 940219 70.38< 218.66<
0.59Hardwood Plantation 0.59 849800.00849800.001 500000 500000 ND ND
1.42Livestock – Beef 1.41 429515.00376700.0029 607845 630000 80.82< 180.00<
2.79Livestock – Dairy 4.62 421392.00235470.5010 1177278 1047500 197.64< 147.54<
1.46Livestock – Sheep 1.49 411050.00411050.002 600000 600000 83.92< ND
1.75MixedFarm + infrast 2.13 396360.00319800.005 693400 680000 100.74< 111.20<
0.62MixedFarm no infrast 0.62 402300.00402300.001 250000 250000 81.97< 49.75<
0.47MixedFarm&GrazUnsp 1.45 1677993.17565244.006 783350 750000 131.58< 156.25<
0.42Native Bshland 0.42 390700.00390700.001 165000 165000 45.21< 104.27<
29.41Poultry egg 29.41 40800.0040800.001 1200000 1200000 ND ND
6.05Vineyard 6.05 40470.0040470.001 245000 245000 ND NDResidential (SM)($/SM) (SM) ($/SM)
422.16Detached Home Unsp 453.74 990.41789.00336 423831 358000 103.02< 119.33<
537.74Detached Home(exist) 832.32 1523.501523.502 819250 819250 295.23< 394.82<
NAHalf Pair or Duplex NA NANA1 740000 740000 ND ND
21.12MisImpRuralLand Unsp 21.12 16100.0016100.001 340000 340000 ND 323.81<
14.07Res/Rural Lstyle 17.44 40747.9220220.00108 577202 555000 116.23< 140.51<
899.27Short Term Hol Accom 715.36 1095.33664.003 985000 480000 90.57< 87.67<
NASingle Strata Unsp NA NANA37 339188 335000 114.53< 121.05<
NAStrata Unit/Flat Uns NA NANA10 411300 440000 125.71< 104.14<
277.59Vac Res A 549.44 845.31728.0087 233383 220000 125.71< 162.96<
82.47Vac Res B 109.75 2416.732041.0011 199315 225000 107.14< 112.50<
7.68Vac Res Rural Lstyle 20.00 32467.038703.0036 257656 229000 122.13< 143.13<
Municipality totals Industrial Total Prices 18 $11,242,800 Industrial Total
Primary Production Total Prices 85 $68,242,597 Primary Production Total
Residential Total Prices 632 $258,854,258 Residential Total
Commercial Total Prices 17 $22,469,000 Commercial Total
All Sales Total 752 All Sales Total $360,808,655
A Guide to Property Values 2019 | Page 150
Residential price statistics 1989 to 2020
Corangamite Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
60,680 236 60,000 66,000 89 12,500 15,814 1989 18 49,000
64,559 158 70,000 71,250 39 10,500 14,673 1990 11 55,950
57,134 ^ 98 69,000 78,250 37 15,000 19,860 1991 4 ^ 55,500
62,131 143 62,000 63,450 23 18,000 22,039 1992 10 59,000
59,781 152 80,000 90,461 38 15,000 30,443 1993 13 58,000
64,285 158 74,750 72,350 35 12,000 21,279 1994 10 55,000
85,740 ^ 174 75,000 83,388 45 21,000 45,370 1995 9 ^ 65,000
70,733 ^ 176 77,000 75,278 40 19,000 34,964 1996 9 ^ 56,500
66,302 ^ 200 78,600 91,410 35 20,000 35,715 1997 9 ^ 52,250
73,559 178 77,250 76,350 30 25,000 36,021 1998 10 60,000
73,156 152 78,000 108,428 48 23,250 28,376 1999 14 56,500
72,591 184 79,000 88,607 31 25,000 28,938 2000 14 63,750
72,043 190 70,100 79,918 62 31,000 65,819 2001 11 65,000
91,541 215 82,000 78,785 82 21,750 27,581 2002 14 78,000
112,522 217 100,000 116,378 76 28,000 38,919 2003 19 100,000
142,514 205 172,500 249,725 45 24,000 37,247 2004 20 135,000
177,592 214 176,250 162,638 53 44,000 54,959 2005 18 155,000
185,592 166 166,500 182,708 42 50,000 56,363 2006 12 170,000
190,285 162 201,000 239,679 35 65,000 85,334 2007 25 170,000
179,601 ^ 169 187,000 188,833 24 70,000 76,205 2008 6 ^ 170,000
177,181 186 143,750 168,781 25 60,000 69,920 2009 16 165,500
192,593 164 216,000 211,545 35 88,000 93,191 2010 11 181,750
195,677 151 215,000 232,500 39 75,000 76,669 2011 11 173,800
194,324 125 177,500 208,750 21 77,500 85,714 2012 14 183,500
202,555 161 172,500 210,350 33 70,000 64,190 2013 10 172,000
198,117 144 195,000 222,617 27 50,000 73,129 2014 17 180,000
203,864 170 165,000 189,600 18 44,250 70,836 2015 15 187,500
195,883 193 162,000 211,210 23 75,000 76,869 2016 19 179,000
233,500 191 220,000 211,131 33 55,500 70,954 2017 19 225,000
232,323 211 176,000 208,850 44 74,250 79,517 2018 14 205,000
237,782 179 174,000 201,850 40 78,400 78,331 2019 10 220,000
259,183 ^ 49 198,750 198,750 8 54,000 70,500 2020 ^ 2 ^^ 235,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 151
Corangamite Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
531.52Dev Site 531.52 1618.001618.001 860000 860000 1184.57< 2457.14<
465.12Hotel/Motel Unsp 465.12 860.00860.001 400000 400000 50.31< 41.03<
194.02Mixed Use Unspec 194.02 1237.001237.001 240000 240000 77.42< ND
NAOffice Premises Uns NA NANA1 205000 205000 91.11< 136.67<
267.51Retail Sgle Occ Unsp 260.68 1038.751000.005 225600 150000 68.97< 104.53<Industrial (SM)($/SM) (SM) ($/SM)
21.22Factory Unsp 21.22 1037.001037.001 22000 22000 9.91< ND
12.50Ind Dev Site 12.50 35200.0035200.001 440000 440000 600.85< 290.91<
132.46Warehouse Unspec 185.99 1333.20621.005 176600 137500 92.75< 269.61<Primary Production (SM)($/SM) (SM) ($/SM)
1.59DomsticLivestockGraz 0.74 944079.10618400.0029 1499212 465000 93.00< 109.41<
0.62GenCrop >20ha Unspec 0.93 2105243.571488650.0014 1313423 1077444 145.56< 70.67<
0.73Livestock – Beef 1.06 765975.32646100.0020 543618 385139 136.64< 91.70<
1.33Livestock – Dairy 0.65 845265.56701500.0060 1115049 843290 137.96< 119.70<
1.53Livestock – Sheep 0.86 767685.78459050.0010 1128758 879646 179.52< 152.98<
1.07MixedFarm + infrast 1.07 3225950.003225950.001 3467677 3467677 274.12< 240.35<
1.11MixedFarm no infrast 1.50 642325.00603150.004 715830 721604 189.66< 206.17<
1.12MixedFarm&GrazUnsp 1.65 1251849.60603811.005 1406080 995771 159.13< 193.01<Residential (SM)($/SM) (SM) ($/SM)
221.08Detached Home Unsp 277.23 1053.291010.00178 236871 220000 107.32< 123.42<
5.93Detached Home(exist) 5.93 67493.0067493.001 400000 400000 ND 216.22<
6.17MisImpRuralLand Unsp 6.17 27560.0027560.001 170000 170000 ND 213.84<
22.94Res Land (WithBuild) 22.94 2049.002049.001 47000 47000 37.15< 49.47<
8.52Res/Rural Lstyle 11.69 50872.6920100.0055 433318 350000 100.00< 117.85<
NASingle Strata Unsp NA NANA9 193388 173000 88.27< 101.62<
NAStrata Unit/Flat Uns NA NANA1 278000 278000 165.48< 185.33<
82.67Vac Res A 44.23 930.29835.5030 80448 81250 131.58< 123.11<
27.95Vac Res B 32.47 2575.702288.0010 71980 65000 56.40< 54.17<
10.76Vac Res Rural Lstyle 19.76 13475.256648.0032 145022 140000 107.69< 104.15<
Municipality totals Commercial Total Prices 9 $2,833,000 Commercial Total
Residential Total Prices 318 $76,405,011 Residential Total
Industrial Total Prices 7 $1,345,000 Industrial Total
Primary Production Total Prices 143 $164,289,426 Primary Production Total
All Sales Total 477 All Sales Total $244,872,437
A Guide to Property Values 2019 | Page 152
Residential price statistics 1989 to 2020
Greater Dandenong City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
120,861 1,570 94,000 146,530 97 79,000 98,186 1989 915 112,600
114,715 1,308 90,000 113,697 108 66,828 96,980 1990 702 110,000
107,906 1,283 85,000 110,613 112 50,000 51,340 1991 589 104,000
106,088 1,299 80,000 92,769 68 55,000 59,686 1992 526 100,000
102,236 1,379 77,500 93,799 66 60,000 90,834 1993 585 97,000
105,043 1,497 75,000 104,740 94 64,500 71,352 1994 606 98,000
103,634 1,390 75,000 94,028 137 67,500 77,396 1995 538 95,000
102,482 1,412 75,500 96,987 121 68,000 71,645 1996 663 95,000
109,754 1,776 74,000 91,745 142 67,475 101,144 1997 786 102,500
115,149 1,682 81,250 100,146 113 77,600 95,611 1998 804 110,000
128,599 1,752 87,500 103,559 101 75,500 84,107 1999 851 122,000
140,493 1,743 96,000 107,089 73 91,000 95,497 2000 942 132,000
164,742 2,044 115,000 126,488 201 112,000 117,487 2001 1,205 152,000
197,468 1,880 140,000 149,194 306 159,750 156,608 2002 1,116 185,000
235,820 1,751 165,000 179,461 224 205,000 187,511 2003 1,134 225,000
256,841 1,621 180,000 193,897 230 219,000 206,374 2004 930 240,000
259,613 1,753 186,000 201,985 220 221,500 202,299 2005 1,021 248,000
279,682 1,598 200,000 218,959 203 225,000 211,714 2006 972 261,500
313,732 1,909 225,000 262,434 174 210,000 211,638 2007 1,362 290,000
355,479 1,364 250,000 264,265 46 199,500 225,438 2008 1,022 335,000
383,871 1,731 285,000 293,596 353 210,000 232,501 2009 1,337 361,000
456,863 1,452 315,000 326,813 308 305,000 286,152 2010 988 425,000
445,863 1,304 315,000 315,488 286 305,000 303,260 2011 818 420,000
427,756 1,187 310,000 315,172 209 340,000 317,112 2012 881 400,000
440,351 1,488 330,000 335,018 311 357,500 354,507 2013 1,066 420,000
484,027 1,791 339,941 352,983 392 377,500 383,197 2014 1,252 456,000
562,958 1,761 365,000 387,037 228 375,000 362,758 2015 1,238 531,000
642,669 1,698 385,000 393,852 152 541,042 520,477 2016 1,213 610,000
720,295 1,549 436,000 439,324 152 570,500 577,509 2017 1,279 687,500
740,044 1,046 450,000 461,991 75 565,000 610,363 2018 928 700,000
692,787 1,125 435,000 443,071 74 548,750 618,644 2019 737 650,000
716,647 143 460,000 475,315 7 710,000 841,571 2020 ^ 125 ^ 701,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 153
Greater Dandenong City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
279.26Dev Site 530.20 6744.641699.0012 1759803 861750 132.42< 87.05<
1610.67Health Clinic Unsp 1610.67 1012.001012.001 1630000 1630000 243.28< 31.53<
29.20Kiosk 29.20 1233.001233.001 36000 36000 ND 81.61<
546.72Mixed Use Unspec 543.69 9077.861470.5015 4684166 950000 90.95< 105.56<
218.07Office Premises Uns 942.59 6526.641228.0021 1198529 1127500 87.37< 220.54<
4409.94Pub/Tavern/Club Unsp 4409.94 161.00161.001 710000 710000 ND ND
629.91Retail Mult Occ Unsp 1714.38 2818.63300.5011 1501248 900000 120.00< ND
781.23Retail Sgle Occ Unsp 828.13 2535.29934.0046 1419355 640000 85.33< 136.17<
1677.97Retail Store/Showrm 1677.97 354.00354.001 594000 594000 ND 72.66<
NAServiced Apartments NA NANA1 669888 669888 ND ND
773.20Vehicle Sales Centre 1064.44 3830.503830.502 2961750 2961750 ND 229.64<Community Services (SM)($/SM) (SM) ($/SM)
807.65Place of Worship 807.65 4024.004024.001 3250000 3250000 ND 198.78<Industrial (SM)($/SM) (SM) ($/SM)
NAFactory NA NANA3 689835 699105 208.69< 233.04<
537.64Factory Unsp 1710.73 6275.781286.00100 2726297 824659 126.29< 130.07<
1868.77Food ProcessingUnsp 2661.56 2333.752275.007 2989620 2150000 82.69< ND
510.59Ind Dev Site 569.25 7110.192231.0020 7549083 1593227 117.43< 123.69<
515.20Major Ind Complex 515.20 21789.0021789.001 11225800 11225800 57.72< ND
782.12Office/Factory 892.50 3878.335042.004 2464035 2300000 118.80< 205.59<
727.24Warehouse Unspec 906.22 4249.901508.5077 2585837 1000000 108.70< 97.75<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA7 563285 645000 165.38< 145.76<
1222.30Detached Home Unsp 1037.12 569.95566.501100 694439 650004 92.86< 107.35<
1362.80Detached Home(exist) 1143.31 520.63534.009 703005 620000 86.53< 100.81<
NAIndividual Car Park NA NANA9 234766 235000 72.33< ND
NAOYO Stratum Flat NA NANA1 195000 195000 ND ND
NAOYO Sub Dwelling NA NANA1 455000 455000 ND ND
NAOYO Subdivided Flat NA NANA7 270000 258000 85.43< 110.49<
1618.17Res Dev Site 1597.07 485.50485.502 785620 785620 42.01< 45.88<
NARes Investment Flat NA NANA1 1130000 1130000 107.62< 145.81<
217.49Res/Rural Lstyle 198.00 5924.005924.003 1017266 475000 18.23< 14.84<
NARetire Village Unit NA NANA10 320095 340000 116.84< 136.00<
1770.50Semi-detached Unspec 3486.24 343.25182.0016 573418 604999 108.80< 118.63<
NASingle Strata Unit NA NANA5 476800 550000 157.14< 175.44<
NASingle Strata Unsp NA NANA458 447392 440900 97.98< 110.23<
NAStrata Dwelling NA NANA1 300000 300000 166.67< ND
NAStrata Unit/Flat Uns NA NANA225 430042 420000 87.68< 105.00<
NATownhouse NA NANA15 559366 546500 96.38< 127.09<
1270.02Vac Res A 1311.88 468.65404.0073 596981 547500 98.65< 101.19<
904.61Vac Res B 904.61 2432.002432.001 2200000 2200000 71.37< ND
NAVilla Unit NA NANA6 498333 425000 90.43< 113.33<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
139.66IndoorSportCent Unsp 139.66 17900.0017900.001 2500000 2500000 ND ND
Municipality totals Community Services Total Prices 1 $3,250,000 Community Services Total
Commercial Total Prices 112 $207,916,729 Commercial Total
Sport/Hrtge/Cultural Total Prices 1 $2,500,000 Sport/Hrtge/Cultural Total
Industrial Total Prices 212 $666,799,661 Industrial Total
Residential Total Prices 1,950 $1,158,444,879 Residential Total
All Sales Total 2,276 All Sales Total $2,038,911,269
A Guide to Property Values 2019 | Page 154
Residential price statistics 1989 to 2020
Darebin City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
132,539 1,613 87,500 131,558 33 61,000 78,915 1989 655 123,000
131,218 1,411 92,000 109,879 17 85,000 89,897 1990 583 120,000
120,898 1,375 90,000 98,703 20 75,500 79,411 1991 566 115,000
120,675 1,371 90,000 100,194 33 60,000 60,124 1992 502 115,000
123,759 1,539 85,000 97,725 64 73,250 81,333 1993 629 116,000
130,953 1,662 85,000 98,097 155 65,000 71,199 1994 760 123,000
127,722 1,566 85,000 100,311 166 68,000 74,518 1995 648 120,000
132,561 1,740 85,500 104,571 162 66,000 66,706 1996 718 122,000
150,809 1,979 85,750 100,253 240 77,000 83,832 1997 1,058 140,000
172,832 1,779 104,500 117,321 179 91,000 96,119 1998 1,051 160,000
204,641 1,835 124,475 137,931 322 94,500 121,995 1999 1,020 190,000
227,171 1,908 135,000 153,956 154 92,500 93,791 2000 1,066 212,500
272,032 1,987 175,000 196,760 131 107,000 121,023 2001 1,219 256,500
309,136 1,803 206,750 235,503 103 150,000 143,657 2002 1,044 300,000
349,280 1,794 235,000 250,972 262 208,500 201,087 2003 1,078 330,000
359,186 1,611 240,175 253,368 178 235,000 224,103 2004 944 340,000
377,512 1,698 246,000 264,257 157 221,350 220,600 2005 1,005 352,000
407,326 1,659 259,000 275,812 136 257,000 240,676 2006 1,060 382,000
488,824 1,853 301,000 322,186 113 285,000 278,625 2007 1,476 455,000
517,729 1,380 317,000 343,040 49 296,000 284,399 2008 1,047 485,126
560,869 1,546 363,000 388,658 32 304,975 271,506 2009 1,483 526,500
661,912 1,439 400,000 429,077 14 320,000 606,571 2010 1,165 625,888
667,315 1,353 400,000 430,959 27 350,000 398,526 2011 1,134 635,000
647,946 1,256 385,000 408,371 15 310,000 410,133 2012 1,192 611,000
693,307 1,475 403,500 423,328 31 370,000 368,950 2013 1,545 650,000
759,767 1,729 430,000 463,787 45 390,000 405,125 2014 1,694 700,000
837,839 1,665 440,000 469,011 34 472,500 478,387 2015 1,908 775,000
954,962 1,509 460,000 490,146 19 377,300 460,805 2016 1,837 865,000
1,088,618 1,430 505,000 531,993 16 597,650 697,741 2017 1,780 990,000
1,083,943 1,279 535,000 555,561 16 505,500 604,317 2018 1,370 975,000
1,059,118 1,210 550,000 580,732 12 656,250 661,048 2019 1,175 970,000
1,071,555 143 531,000 516,226 2 115,000 115,000 2020 ^ 168 ^ 985,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 155
Darebin City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
481.48CarPark – OpenAir 481.48 162.00162.001 78000 78000 0.52< ND
4779.15Fuel Outlet/Garage 4779.15 1132.001132.001 5410000 5410000 ND 128.81<
2534.56Mixed Use Shop 2534.56 217.00217.001 550000 550000 108.20< 78.57<
882.83Mixed Use Unspec 775.99 1446.93580.0015 1232233 700000 60.87< 129.63<
3568.37National Co Ret Unsp 3568.37 7006.007006.001 25000000 25000000 ND ND
1469.49Office Premises Uns 2130.04 757.44892.0011 1071181 555500 44.44< 12.48<
64.49Pub/Tavern/Club Unsp 4719.58 19809.0019809.002 1277500 1277500 98.27< ND
4632.66Retail Mult Occ Unsp 6967.49 522.40446.006 2166750 2003750 81.96< 488.72<
512.85Retail Sgle Occ Unsp 8181.82 2775.20330.0027 1425251 910000 113.04< 93.33<
NAServ Apt/Unit Unsp NA NANA5 929400 496000 107.59< ND
NAServiced Apartments NA NANA4 500250 468000 1.12< ND
142.60Shop 142.60 2784.002784.001 397000 397000 56.93< 52.58<
NAShop & Dwelling NA NANA3 1602166 1460000 146.37< 156.15<
118.73Shopping Centre Unsp 118.73 10149.0010149.002 1102500 1102500 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
1828.02Day Care Centre 1828.02 1663.001663.001 3040000 3040000 ND 145.89<Industrial (SM)($/SM) (SM) ($/SM)
1201.89Factory Unsp 918.28 1224.56955.5024 1237872 1050000 124.37< 95.45<
2241.85Garage/Motor Vehicle 2241.85 736.00736.001 1650000 1650000 ND ND
1338.65Ind Dev Site 1338.65 1128.001128.001 1510000 1510000 75.42< 25.78<
7010.87Warehouse 7010.87 46.0046.001 322500 322500 43.00< 9.77<
4378.77Warehouse Unspec 1814.24 1281.00906.007 4933607 1773750 79.36< 133.87<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
352.05Closed Roads 176.00 38.0028.0010 12964 9652 66.89< 69.64<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA11 699181 645000 122.74< 145.93<
NAConjoined StrataUnit NA NANA1 433000 433000 83.59< 100.70<
2135.18Detached Home Unsp 2272.36 501.06492.001167 1065187 980000 100.46< 115.84<
1417.81Detached Home(exist) 1785.59 569.09597.0012 819625 767500 77.92< 85.33<
5953.95Half Pair or Duplex 5998.67 228.00228.002 1357500 1357500 165.95< 177.45<
NAIndividual Car Park NA NANA25 359400 300000 1716.84< 5454.55<
NAOYO Strata Flat NA NANA7 481071 470000 117.50< 120.51<
NAOYO Sub Dwelling NA NANA1 590000 590000 94.17< 105.12<
1934.99Res Dev Site 1934.99 523.00523.002 1094500 1094500 285.03< 18.35<
NARes Investment Flat NA NANA1 1220000 1220000 96.83< 133.33<
NARetire Village Unit NA NANA6 480000 517500 110.15< 249.40<
4841.90Semi-detached 4841.90 506.00506.001 2450000 2450000 ND 188.46<
5160.93Semi-detached Unspec 6250.00 174.43160.0028 837821 786000 103.35< 95.27<
NASingle Strata Unit NA NANA12 620466 651000 110.90< 137.05<
NASingle Strata Unsp NA NANA644 581188 560000 107.64< 109.80<
NAStrata Dwelling NA NANA1 500000 500000 78.74< 124.69<
NAStrata Unit/Flat Uns NA NANA457 572080 501000 88.20< 111.33<
NATownhouse NA NANA32 668734 663500 101.30< 122.87<
1594.20Vac Res A 1179.78 410.73534.0012 661048 656250 129.82< 173.93<
38.27Vac Res Rural Lstyle 38.27 13328.0013328.002 600000 600000 ND 121.21<
NAVilla Unit NA NANA2 553750 553750 ND 131.85<
Municipality totals Community Services Total Prices 1 $3,040,000 Community Services Total
Industrial Total Prices 34 $67,726,700 Industrial Total
Residential Total Prices 2,426 $1,984,200,866 Residential Total
Commercial Total Prices 80 $129,398,297 Commercial Total
Infrastruc&Utilities Total Prices 10 $129,640 Infrastruc&Utilities Total
All Sales Total 2,551 All Sales Total $2,184,495,503
A Guide to Property Values 2019 | Page 156
Residential price statistics 1989 to 2020
East Gippsland Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
88,647 725 73,750 87,511 638 25,000 31,772 1989 108 75,000
88,141 524 79,250 85,490 449 27,000 32,424 1990 84 81,000
88,706 473 89,600 99,918 355 25,000 30,238 1991 65 79,000
87,975 509 91,720 113,680 334 25,000 31,629 1992 78 81,000
95,422 538 89,000 104,301 404 25,000 28,775 1993 90 85,000
99,636 544 87,750 99,012 407 24,250 26,832 1994 124 90,000
97,491 508 95,000 103,278 246 30,000 39,980 1995 79 86,500
97,980 470 87,000 103,580 222 26,000 38,529 1996 105 88,000
98,507 522 76,750 90,138 218 28,000 41,545 1997 94 85,000
92,417 529 95,750 112,420 181 27,000 39,651 1998 94 83,000
104,072 643 94,000 111,205 202 30,000 40,082 1999 95 90,000
106,226 741 100,000 129,632 278 26,750 34,496 2000 123 92,500
117,188 947 93,250 112,742 437 35,000 44,402 2001 178 102,000
140,074 1,108 106,350 135,428 665 36,500 45,219 2002 232 125,000
175,555 1,058 171,000 225,795 709 50,000 60,741 2003 248 160,000
211,086 747 200,000 333,907 332 75,000 75,122 2004 155 190,000
231,382 719 212,000 257,310 294 76,000 79,244 2005 134 210,000
236,892 701 202,500 248,424 294 83,500 88,449 2006 141 216,000
252,440 841 221,000 290,841 251 85,000 94,946 2007 126 225,000
259,900 619 192,750 213,426 259 89,500 96,237 2008 156 227,000
255,005 813 229,500 297,795 302 93,000 98,901 2009 162 232,000
282,880 768 216,000 230,268 346 110,000 110,891 2010 148 255,000
277,515 609 223,000 267,889 275 114,000 117,313 2011 135 257,000
279,263 592 203,000 224,431 287 105,000 111,264 2012 121 255,000
285,290 696 213,750 230,081 258 102,625 115,224 2013 132 259,000
291,576 680 233,000 255,279 268 100,000 115,689 2014 129 260,000
291,765 743 234,000 243,254 267 102,000 115,335 2015 112 262,000
308,236 764 235,000 269,383 246 100,000 107,229 2016 113 280,000
318,853 884 260,000 272,565 299 110,000 120,915 2017 120 289,500
331,885 920 240,000 266,719 368 120,000 139,348 2018 146 310,000
342,696 835 240,000 273,160 323 120,000 131,797 2019 143 310,000
350,480 159 259,500 297,568 59 105,000 130,417 2020 22 325,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 157
East Gippsland Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NADev Site NA NANA2 2300000 2300000 1818.18< 867.92<
665.78Fuel Outlet/Garage 665.78 1502.001502.001 1000000 1000000 220.99< 244.50<
3906.25Health Clinic Unsp 3906.25 192.00192.001 750000 750000 220.59< ND
NAHoliday Units NA NANA1 58000 58000 97.48< 5.00<
696.86Hotel 696.86 1435.001435.001 1000000 1000000 ND 86.96<
171.00Hotel/Motel Unsp 285.92 3128.672116.007 320714 290000 23.67< 13.65<
146.34Mixed Use Unspec 231.35 4241.752571.005 526600 570000 131.19< ND
749.08Office Premises Uns 749.08 1088.001088.004 442000 361500 42.53< 131.45<
22.55Pub/Tavern/Club Unsp 22.55 15300.0015300.001 344999 344999 ND 26.90<
NARes Hotel/Motel Apar NA NANA1 118500 118500 ND ND
2875.45Retail Mult Occ Unsp 2875.45 6399.006399.001 18400000 18400000 5041.10< 8177.78<
681.97Retail Sgle Occ Unsp 1435.76 747.40268.0020 509706 251500 78.59< 71.86<
NAServ Apt/Unit Unsp NA NANA3 385000 215000 56.06< 38.05<
113.66Tourist Park/Caravan 143.94 8138.333300.003 925000 700000 102.94< ND
403.81Veterinary Clinic 403.81 1783.001783.001 720000 720000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
200.00Place of Worship 200.00 1650.001650.001 330000 330000 ND 673.47<Industrial (SM)($/SM) (SM) ($/SM)
227.05Factory Unit 227.05 1013.001013.001 230000 230000 ND ND
130.84Factory Unsp 332.82 2570.271292.0016 346843 325000 115.04< 95.59<
94.83Ind Dev Site 71.75 2202.802439.007 187714 175000 105.68< 109.38<
115.72Warehouse Unspec 115.72 4148.004148.001 480000 480000 188.24< 259.46<Primary Production (SM)($/SM) (SM) ($/SM)
0.20Cattle Feed Lot 0.20 2959000.002959000.001 605000 605000 ND ND
0.89DomsticLivestockGraz 0.62 521573.11396833.0050 456034 401000 117.94< 148.52<
0.54GenCrop >20ha Unspec 5.30 1049150.001049150.002 567500 567500 115.11< ND
0.47Livestock – Beef 0.55 674132.86500000.007 318809 246667 39.00< 56.34<
2.05Livestock – Dairy 2.87 1815433.331862900.003 3726865 5340298 ND 489.94<
2.37Livestock – Sheep 2.37 310000.00310000.001 736000 736000 180.84< 133.82<
15.35MixedFarm + infrast 15.35 216506.00216506.001 3323100 3323100 568.05< ND
0.66MixedFarm&GrazUnsp 0.65 549936.92385650.0025 353360 275000 74.83< 66.62<
1.17Native Hardwood 1.17 596700.00596700.001 700000 700000 ND 350.00<
0.15Softwood Plantation 0.15 7175470.007175470.001 1100000 1100000 18.33< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 286000 286000 100.35< 117.94<
342.74Detached Home Unsp 465.00 994.41800.00830 342812 310000 100.00< 110.71<
68.82Detached Home(exist) 68.82 1860.001860.001 128000 128000 58.18< 45.71<
NAIndividual Car Park NA NANA1 210000 210000 ND ND
NAOYO Sub Unit NA NANA1 200000 200000 ND ND
10.86Res/Rural Lstyle 28.12 43624.5014615.00174 473649 475000 110.47< 122.58<
46.09ResLandWithImprovemt 46.09 3200.003200.001 147500 147500 204.86< 147.50<
NARetire Village Unit NA NANA1 260000 260000 100.00< 112.31<
215.49Semi-detached Unspec 215.49 1369.001369.004 372250 350000 106.06< 85.37<
NASingle Strata Unit NA NANA3 314666 375000 ND ND
NASingle Strata Unsp NA NANA90 255799 220000 94.83< 86.27<
NAStrata Dwelling NA NANA1 250000 250000 ND ND
NAStrata Unit/Flat Uns NA NANA42 315807 262450 101.92< 121.36<
NATownhouse NA NANA3 208333 200000 181.82< 76.92<
143.28Vac Res A 99.42 907.29855.00293 132244 120000 100.00< 120.00<
44.52Vac Res B 52.21 2862.432824.5030 127431 133500 106.80< 122.48<
5.78Vac Res Rural Lstyle 11.68 30334.5411000.00111 174624 160000 110.34< 116.79<
NAVilla Unit NA NANA1 211000 211000 ND ND
Municipality totals Industrial Total Prices 25 $7,573,500 Industrial Total
Commercial Total Prices 52 $47,761,628 Commercial Total
Community Services Total Prices 1 $330,000 Community Services Total
Residential Total Prices 1,588 $469,939,954 Residential Total
Primary Production Total Prices 92 $52,647,063 Primary Production Total
All Sales Total 1,758 All Sales Total $578,252,145
A Guide to Property Values 2019 | Page 158
Residential price statistics 1989 to 2020
Frankston City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
126,032 1,866 95,000 116,331 987 46,000 54,260 1989 464 111,000
121,898 1,533 93,500 106,849 613 44,500 52,310 1990 416 110,000
112,776 1,557 86,250 95,398 503 39,500 43,486 1991 394 102,000
108,586 1,656 83,000 91,801 585 39,000 44,116 1992 425 100,000
107,610 1,667 83,000 95,556 617 40,000 43,599 1993 527 100,000
108,088 1,783 82,950 86,699 607 42,950 50,408 1994 461 98,000
109,265 1,718 79,950 89,313 532 40,000 46,906 1995 374 97,000
105,356 1,712 75,500 84,254 401 38,500 46,443 1996 403 95,000
109,644 2,341 79,000 88,570 516 47,125 52,423 1997 536 98,500
118,364 2,246 82,000 94,348 501 51,000 61,665 1998 558 109,000
132,522 2,714 92,000 101,965 716 57,000 62,322 1999 817 121,500
153,023 2,748 105,000 117,722 485 58,000 64,951 2000 768 134,000
170,614 3,273 125,000 141,734 1,080 64,000 79,245 2001 936 155,000
208,034 3,064 151,000 167,949 1,022 88,500 113,563 2002 964 185,000
247,523 3,173 185,000 201,457 983 117,000 132,230 2003 971 225,000
267,886 2,690 201,000 222,708 455 132,000 154,460 2004 792 240,000
271,588 2,629 215,000 225,793 382 131,000 148,490 2005 969 249,000
289,070 2,619 221,000 231,666 487 145,000 160,392 2006 923 260,002
326,475 3,173 235,000 251,407 352 190,000 198,795 2007 1,213 288,000
349,833 2,287 250,000 266,855 285 187,000 206,085 2008 932 310,000
359,009 2,687 265,000 272,634 775 181,000 192,741 2009 1,200 330,000
412,772 2,465 301,000 317,894 610 215,000 223,516 2010 1,037 375,000
416,179 2,105 310,000 321,866 279 230,000 243,219 2011 789 377,500
397,307 2,028 299,000 312,428 228 230,000 242,255 2012 820 368,000
417,202 2,238 307,250 323,230 204 230,000 240,463 2013 996 375,750
445,025 2,363 315,000 336,671 145 261,000 262,246 2014 979 402,500
490,960 2,597 328,250 363,742 196 239,975 257,766 2015 1,138 445,000
551,582 2,479 355,000 373,393 217 251,000 280,010 2016 1,208 501,000
655,882 2,525 415,100 435,493 84 330,000 360,311 2017 1,059 605,000
681,509 2,116 452,250 472,313 66 385,000 470,264 2018 798 630,000
650,059 1,963 449,000 473,961 51 385,000 430,645 2019 736 607,500
666,790 318 455,000 477,441 5 440,000 459,800 2020 ^ 141 ^ 630,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 159
Frankston City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
8982.41Com Land (Struct 0) 8982.41 796.00796.001 7150000 7150000 ND 461.29<
551.40Dev Site 506.38 1334.331324.004 716816 665225 57.73< 199.95<
201.01Fuel Outlet/Garage 791.52 15341.0015341.002 3083750 3083750 70.09< 99.48<
1062.20Health Clinic Unsp 648.41 1329.001041.004 1206250 632500 ND 88.46<
606.66Health Surgery 606.66 2011.002011.001 1220000 1220000 213.31< 197.35<
1746.51Mixed Use Unspec 1897.85 250.50250.504 553000 437500 101.98< 169.90<
422.20Office Premises Uns 235.89 3144.001577.006 1306166 887500 124.18< 240.12<
NARetail Mult Occ Unsp NA NANA1 2000000 2000000 156.86< 285.31<
1284.13Retail Sgle Occ Unsp 1951.11 797.75479.0015 917541 630000 90.00< 71.59<
3288.92Vehicle Sales Centre 875.01 2017.001298.504 6633750 5483750 77.78< 451.34<Community Services (SM)($/SM) (SM) ($/SM)
1951.22Child Centre Unsp 1951.22 1763.001763.001 3440000 3440000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1328.68Factory Unit 1328.68 760.00760.001 1009800 1009800 122.28< 381.06<
613.74Factory Unsp 719.13 1335.48566.5071 761838 441000 100.23< 113.82<
420.92Food ProcessingUnsp 420.92 1568.001568.001 660000 660000 ND ND
494.82Ind Dev Site 513.43 1685.331371.506 833944 700312 90.36< 91.09<
879.97OpenStorageUnspec 879.97 5682.005682.001 5000000 5000000 384.62< 1976.28<
1246.46Warehouse 1246.46 1412.001412.001 1760000 1760000 ND 132.33<
360.15Warehouse Unspec 1844.69 2024.11334.5020 771588 377250 102.91< 83.83<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA5 615100 525500 108.35< 138.29<
NAConjoined StrataUnit NA NANA1 488000 488000 ND ND
929.92Detached Home Unsp 1147.96 700.74637.001954 650291 608180 96.54< 121.15<
850.43Detached Home(exist) 1009.43 999.50999.502 850000 850000 106.25< 176.72<
NAHalf Pair or Duplex NA NANA1 513000 513000 ND ND
NAIndividual Car Park NA NANA3 287000 315000 ND ND
NAOYO Sub Dwelling NA NANA1 430000 430000 ND ND
NAOYO Sub Unit NA NANA1 520000 520000 ND ND
NAOYO Unit NA NANA1 415000 415000 ND ND
875.45Res Dev Site 830.77 979.50979.502 857500 857500 79.99< 147.84<
622.81Res Land (WithBuild) 622.81 1140.001140.001 710000 710000 ND 107.09<
84.58Res/Rural Lstyle 77.82 15530.8810120.0049 1294653 1230000 93.18< 128.69<
NARetire Village Unit NA NANA1 175000 175000 72.84< 113.27<
1770.86Semi-detached Unspec 2571.88 302.00320.007 528285 465000 79.76< 123.49<
NASingle Strata Unit NA NANA13 443923 450000 90.45< 87.17<
NASingle Strata Unsp NA NANA495 471378 446500 98.89< 125.77<
NAStrata Dwelling NA NANA2 523250 523250 ND ND
NAStrata Unit/Flat Uns NA NANA205 475834 442500 97.90< 126.43<
NATownhouse NA NANA10 552300 505000 ND 146.91<
807.37Vac Res A 804.79 527.96474.5050 426258 382500 100.92< 153.00<
298.03Vac Res B 298.03 2181.002181.001 650000 650000 70.65< 130.00<
45.95Vac Res Rural Lstyle 83.56 14970.0010172.007 687857 800000 112.12< 138.53<
Municipality totals Community Services Total Prices 1 $3,440,000 Community Services Total
Industrial Total Prices 101 $82,955,764 Industrial Total
Residential Total Prices 2,812 $1,718,404,270 Residential Total
Commercial Total Prices 42 $74,576,886 Commercial Total
All Sales Total 2,956 All Sales Total $1,879,376,920
A Guide to Property Values 2019 | Page 160
Residential price statistics 1989 to 2020
French Island
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
0 * * 0 0 0 0 0 0 1989 * 0 ** * 0
0 * * 0 0 0 0 0 0 1990 * 0 ** * 0
0 * * 0 0 0 0 0 0 1991 * 0 ** * 0
0 * * 0 0 0 21 55,000 68,259 1992 0 * * 0
0 * * 0 0 0 1 91,000 91,000 1993 ^ 0 ^* * 0
0 * * 0 0 0 0 91,000 91,000 1994 * 0 ** * 0
23,000 ^ * 1 0 0 1 50,500 50,500 1995 ^ 0 ^^ * 23,000
63,845 ^ * 2 0 0 1 90,000 90,000 1996 ^ 0 ^^ * 63,845
63,845 * * 0 0 0 0 90,000 90,000 1997 * 0 ** * 63,845
0 * * 0 0 0 2 40,000 40,000 1998 ^ 0 ^* * 0
113,000 ^ * 3 0 0 2 31,500 31,500 1999 ^ 0 ^^ * 75,000
81,500 ^ * 2 0 0 4 29,500 28,375 2000 ^ 0 ^^ * 81,500
150,000 ^ * 1 0 0 1 46,000 46,000 2001 ^ 0 ^^ * 150,000
130,333 ^ * 3 0 0 0 0 0 2002 * 0 *^ * 128,500
130,250 ^ * 4 0 0 0 0 0 2003 * 0 *^ * 90,500
130,250 * * 0 0 0 0 0 0 2004 * 0 ** * 90,500
270,000 ^ * 1 0 0 0 0 0 2005 * 0 *^ * 270,000
350,000 ^ * 1 0 0 0 0 0 2006 * 0 *^ * 350,000
350,000 * * 0 0 0 0 0 0 2007 * 0 ** * 350,000
350,000 * * 0 0 0 0 0 0 2008 * 0 ** * 350,000
411,000 ^ * 1 0 0 0 0 0 2009 * 0 *^ * 411,000
125,000 ^ * 1 0 0 2 1,550 1,550 2010 ^ 0 ^^ * 125,000
125,000 * * 0 0 0 0 1,550 1,550 2011 * 0 ** * 125,000
0 * ^ 0 280,000 280,000 0 0 0 2012 * 1 ** ^ 0
0 * * 0 0 0 1 360,000 360,000 2013 ^ 0 ^* * 0
0 * * 0 0 0 1 5,000 5,000 2014 ^ 0 ^* * 0
0 * * 0 0 0 0 5,000 5,000 2015 * 0 ** * 0
0 * * 0 0 0 0 5,000 5,000 2016 * 0 ** * 0
0 * * 0 0 0 0 5,000 5,000 2017 * 0 ** * 0
0 * * 0 0 0 0 5,000 5,000 2018 * 0 ** * 0
0 * * 0 0 0 1 1,000 1,000 2019 ^ 0 ^* * 0
0 * * 0 0 0 0 1,000 1,000 2020 * 0 ** * 0
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 161
French Island
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Primary Production (SM)($/SM) (SM) ($/SM)
1.22MixedFarm&GrazUnsp 1.22 201300.00201300.001 245000 245000 26.06< 39.77<Residential (SM)($/SM) (SM) ($/SM)
2.66Res/Rural Lstyle 1.29 294981.67388721.003 783443 770000 239.88< 201.83<
NAVac Res A NA NANA1 1000 1000 ND ND
27.19Vac Res Rural Lstyle 27.49 3953.503953.502 107500 107500 ND 59.39<
Municipality totals Primary Production Total Prices 1 $245,000 Primary Production Total
Residential Total Prices 6 $2,566,330 Residential Total
All Sales Total 7 All Sales Total $2,811,330
A Guide to Property Values 2019 | Page 162
Residential price statistics 1989 to 2020
Gannawarra Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
64,829 124 73,000 73,381 68 18,000 23,044 1989 11 62,000
73,284 ^ 128 76,500 71,800 62 18,250 18,258 1990 5 ^ 65,000
70,256 ^ 92 88,000 72,000 41 20,000 19,485 1991 3 ^ 62,000
76,508 ^ 118 90,000 88,625 43 15,950 18,895 1992 8 ^ 70,000
76,047 ^ 120 101,928 90,401 38 17,750 21,618 1993 8 ^ 69,000
78,448 126 50,000 55,026 36 20,000 30,627 1994 19 69,000
82,459 ^ 94 35,900 47,468 19 19,500 29,032 1995 6 ^ 71,000
76,955 ^ 82 45,333 49,266 32 20,000 33,613 1996 5 ^ 69,000
81,403 ^ 121 120,000 120,000 25 24,000 39,132 1997 1 ^ 61,000
78,946 ^ 122 83,500 77,416 21 18,000 27,638 1998 6 ^ 72,250
78,788 * 114 0 0 23 21,000 23,791 1999 0 * 71,625
80,931 ^ 130 75,000 67,700 24 20,000 31,829 2000 5 ^ 70,000
85,483 173 100,000 103,083 56 28,250 32,708 2001 12 75,000
102,899 ^ 188 85,500 80,875 74 21,753 28,856 2002 8 ^ 79,749
105,617 192 122,000 118,954 58 20,375 29,469 2003 11 94,500
121,252 201 125,000 143,269 57 25,000 26,694 2004 13 112,000
125,411 185 113,500 116,150 46 39,500 41,807 2005 10 118,000
154,175 143 191,500 159,357 36 50,000 51,610 2006 14 145,000
146,220 152 167,500 151,958 43 60,000 72,662 2007 12 135,000
145,100 ^ 93 168,000 143,333 31 52,000 67,521 2008 9 ^ 140,000
145,218 120 165,000 150,772 26 52,000 60,038 2009 11 139,000
166,889 ^ 108 170,500 169,687 48 52,000 48,967 2010 8 ^ 145,001
155,016 ^ 89 153,500 134,928 27 50,000 60,059 2011 7 ^ 150,000
158,471 ^ 123 173,000 174,666 25 50,000 63,434 2012 9 ^ 150,000
159,281 133 178,750 183,100 28 54,500 64,848 2013 10 140,000
164,250 145 187,500 210,100 30 51,500 53,156 2014 10 145,000
172,956 ^ 139 199,000 198,200 18 61,376 63,716 2015 5 ^ 162,000
179,160 ^ 145 157,500 154,000 22 52,500 63,613 2016 6 ^ 162,500
192,745 172 188,500 184,035 32 65,000 67,180 2017 14 166,500
193,415 ^ 194 180,500 185,125 40 67,250 86,275 2018 8 ^ 177,800
201,045 ^ 160 155,000 178,166 37 70,000 91,415 2019 9 ^ 175,000
192,848 ^ 33 207,500 207,500 10 61,000 70,100 2020 2 ^ 200,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 163
Gannawarra Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
610.71Fuel Outlet/Garage 610.71 1400.001400.001 855000 855000 131.54< 450.00<
22.67Mixed Use Unspec 21.96 12790.5012790.502 290000 290000 341.18< 617.02<
90.56Office Premises Uns 90.56 1800.001800.001 163000 163000 ND 166.33<
860.00Retail Mult Occ Unsp 860.00 250.00250.001 215000 215000 ND ND
628.30Retail Sgle Occ Unsp 686.78 212.88161.008 133750 110000 239.13< 50.52<Industrial (SM)($/SM) (SM) ($/SM)
19.39Ind Dev Site 22.00 5406.144273.008 104100 97000 62.99< ND
61.47Warehouse Unspec 61.47 1700.001700.001 104500 104500 34.26< NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.28DomsticLivestockGraz 0.42 879352.50720250.0010 249000 247500 95.93< 85.34<
0.36GenCrop >20ha Unspec 0.30 1543067.331200154.0012 560454 377100 103.32< 150.84<
0.88Livestock – Beef 2.22 914262.00961286.003 808714 202847 49.18< 102.97<
1.35Livestock – Dairy 1.60 481500.00481500.002 650000 650000 126.21< 173.33<
0.31Livestock – Sheep 0.39 1630200.001027900.003 501233 398000 210.55< 173.04<
0.52MixedFarm&GrazUnsp 0.52 247643.00247643.001 128509 128509 48.27< 55.87<
0.30Plant/Tree Nursery 0.30 580000.00580000.001 175000 175000 ND NDResidential (SM)($/SM) (SM) ($/SM)
175.98Detached Home Unsp 135.00 1140.651000.00157 201734 175000 100.00< 109.38<
95.96Detached Home(exist) 96.04 1719.501719.502 165000 165000 78.57< 98.21<
10.23Res/Rural Lstyle 10.76 27791.0318590.0029 284172 270000 87.80< 108.00<
220.00Semi-detached Unspec 220.00 750.00750.001 165000 165000 70.21< ND
NASingle Strata Unsp NA NANA7 184357 155000 71.10< 86.11<
NAStrata Unit/Flat Uns NA NANA2 156500 156500 92.06< 109.82<
78.38Vac Res A 14.95 983.60927.0024 102494 75000 108.70< 151.52<
25.14Vac Res B 22.73 2823.152772.0013 70961 63000 96.92< 103.28<
2.54Vac Res Rural Lstyle 4.30 36281.8212100.0018 94222 80000 89.39< 64.00<
Municipality totals Commercial Total Prices 13 $2,883,000 Commercial Total
Industrial Total Prices 9 $937,306 Industrial Total
Primary Production Total Prices 32 $14,748,804 Primary Production Total
Residential Total Prices 253 $47,090,196 Residential Total
All Sales Total 307 All Sales Total $65,659,306
A Guide to Property Values 2019 | Page 164
Residential price statistics 1989 to 2020
Greater Geelong City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
100,915 2,989 78,500 93,414 1,975 31,000 36,830 1989 537 87,500
107,153 2,225 87,000 96,043 1,095 37,000 41,474 1990 440 94,500
103,549 2,198 86,000 99,135 954 37,000 41,815 1991 439 92,500
103,352 2,407 86,000 100,481 1,031 36,000 41,146 1992 472 92,000
104,000 2,557 87,000 103,174 1,179 36,000 41,828 1993 474 93,500
105,332 2,605 87,000 101,467 1,209 36,000 43,624 1994 551 93,500
105,933 2,507 88,000 95,168 896 37,000 45,615 1995 430 92,000
103,463 2,635 83,500 94,379 848 37,000 42,280 1996 521 90,000
108,411 3,167 86,250 99,281 1,071 38,000 45,403 1997 576 95,000
113,923 3,280 87,000 103,653 1,456 38,000 44,394 1998 609 100,000
126,988 3,798 94,000 111,908 1,511 41,000 50,025 1999 791 112,000
139,555 4,202 114,000 131,895 1,364 44,000 49,554 2000 805 125,000
163,375 5,043 129,900 147,053 2,252 51,000 58,040 2001 1,014 147,000
204,083 4,769 150,000 180,208 1,821 78,000 84,146 2002 858 182,500
240,793 4,671 190,000 213,170 1,587 102,500 110,168 2003 902 220,000
265,211 4,130 202,500 232,804 1,018 125,000 129,343 2004 988 242,000
278,032 3,992 215,000 241,254 948 132,000 139,016 2005 939 250,000
296,556 3,995 225,000 279,142 966 134,250 147,388 2006 959 261,250
315,471 4,747 230,100 273,865 1,019 142,000 151,953 2007 1,231 275,000
318,310 3,854 242,500 280,036 884 149,000 155,858 2008 1,060 285,000
336,894 4,322 250,002 274,690 1,402 156,000 165,390 2009 1,441 303,000
388,676 4,049 275,000 321,370 1,573 174,000 189,131 2010 1,334 346,000
404,620 3,716 300,000 360,364 1,605 182,000 197,423 2011 1,155 360,000
402,904 3,555 287,000 327,263 1,399 180,000 195,635 2012 1,112 360,000
417,092 3,801 297,950 338,007 1,489 181,000 196,234 2013 1,119 375,000
440,245 4,070 306,000 351,947 1,785 179,000 193,118 2014 1,126 390,000
456,406 4,404 315,751 368,836 2,024 186,000 198,148 2015 1,092 402,000
481,686 4,751 327,750 382,643 2,439 187,000 202,044 2016 1,232 425,000
537,121 4,935 360,000 424,301 4,078 199,900 214,858 2017 1,381 477,700
601,030 4,546 390,000 438,296 2,433 240,000 254,942 2018 1,090 540,000
605,610 4,099 411,500 466,515 873 280,000 313,484 2019 896 548,500
622,103 700 419,000 479,746 191 276,000 326,604 2020 169 560,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 165
Greater Geelong City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
270.87Dev Site 471.60 2679.20933.0015 725722 643500 169.28< 292.50<
1799.29Fuel Outlet/Garage 1734.43 2117.502117.502 3810000 3810000 293.08< ND
1187.46Ground Level Parking 1187.46 1499.001499.001 1780000 1780000 91.99< 50.86<
390.63Health Clinic Unsp 390.63 3840.003840.001 1500000 1500000 195.19< 238.10<
849.19Health Surgery 849.19 683.00683.001 580000 580000 ND 105.45<
913.00Mixed Use Unspec 2031.48 1747.86667.0010 1411550 1152500 88.85< 129.86<
1240.27Office Premises Uns 1097.18 1139.30576.5023 1595576 915000 138.11< 183.00<
2535.13Pub/Tavern/Club Unsp 3308.33 1814.501814.503 5333333 6800000 377.78< 669.95<
1103.81Retail Mult Occ Unsp 6097.02 1116.63367.0010 5836031 1461750 121.81< ND
181.25Retail Sgle Occ Unsp 2117.26 8965.15307.0040 1519987 913750 125.95< 164.64<
NAServ Apt/Unit Unsp NA NANA1 320000 320000 65.14< 120.75<
45.14Serviced Apartments 45.14 9802.009802.004 389625 400500 ND ND
1280.59Shopping Centre Unsp 1295.13 46111.5046111.504 38387500 19325000 52.95< 60.77<Community Services (SM)($/SM) (SM) ($/SM)
2112.55Day Care Centre 2112.55 2852.002852.001 6025000 6025000 ND ND
2306.12Private Hospital 2306.12 14949.0014949.001 34474224 34474224 ND ND
93.55Vac Health Ser Site 93.55 19990.0019990.001 1870000 1870000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
591.66Factory Unsp 761.21 1342.73664.5044 764097 513500 107.31< 111.87<
326.32Food ProcessingUnsp 326.32 9500.009500.002 3000000 3000000 ND ND
80.73Ind Dev Site 345.19 15279.555019.0031 1233572 880000 172.55< 242.42<
441.99Warehouse Unspec 785.71 2504.27700.0056 1065564 500000 129.87< 121.95<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
38.03Utilities Vac Land 38.03 3998.003998.001 152039 152039 ND NDNational Parks, etc (SM)($/SM) (SM) ($/SM)
64.59Nature Reserve 64.59 3716.003716.001 240000 240000 1054.95< NDPrimary Production (SM)($/SM) (SM) ($/SM)
9.82DomsticLivestockGraz 12.70 218286.00152557.0012 2142833 1825000 121.67< 78.33<
7.53GenCrop >20ha Unspec 9.41 207333.89265642.0010 1551356 1115000 74.33< 30.22<
1.17Livestock – Beef 2.05 704350.00704350.002 825000 825000 33.00< ND
20.23MarketGardenVeg <20h 20.23 30655.0030655.001 620000 620000 47.69< ND
0.98MixedFarm + infrast 0.98 600000.00600000.001 590000 590000 29.14< 18.30<
5.11MixedFarm&GrazUnsp 4.19 495633.50445541.005 2689200 2225000 130.04< 218.14<
1.17Plant/Tree Nursery 1.17 487521.00487521.001 570000 570000 71.25< 35.63<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA11 548863 430000 132.31< 117.81<
NAConjoined StrataUnit NA NANA1 322000 322000 ND ND
1316.96Detached Home (New) 1316.96 448.00448.002 510000 510000 95.33< 111.48<
948.49Detached Home Unsp 1341.46 639.39615.004083 605541 549000 101.67< 130.09<
748.52Detached Home(exist) 674.25 972.75730.005 843000 730000 110.61< 164.04<
NAIndividual Car Park NA NANA2 271250 271250 339.06< 5425.00<
NAOYO Sub Dwelling NA NANA4 472000 430000 ND ND
NAOYO Sub Unit NA NANA1 205000 205000 ND ND
653.97Res Dev Site 945.72 1087.20608.006 673166 424500 181.41< 37.47<
NARes Investment Flat NA NANA3 1078367 1210000 391.59< 328.14<
50.64Res/Rural Lstyle 85.60 23759.2715563.50119 1202786 1030000 98.10< 138.07<
247.39Retire Village Compl 377.42 36380.5036380.502 9000000 9000000 ND ND
NARetire Village Unit NA NANA4 325625 325000 118.18< 118.83<
2183.76Semi-detached Unspec 4323.20 317.80362.009 526555 430000 58.11< 89.58<
NASingle Strata Unit NA NANA15 491633 445000 143.09< 139.06<
NASingle Strata Unsp NA NANA620 448163 400000 109.59< 125.98<
NAStrata Unit/Flat Uns NA NANA221 494935 440000 100.46< 107.19<
NATownhouse NA NANA16 649468 545000 95.20< 157.51<
586.12Vac Res A 637.50 532.33480.00865 310350 280000 116.67< 149.73<
267.95Vac Res B 337.55 2434.382277.008 652296 710000 119.03< 139.22<
131.92Vac Res Englobo Oth 195.41 62359.6721900.004 9857389 10200000 318.15< 133.61<
35.50Vac Res Rural Lstyle 38.44 24678.1016391.0021 875952 650000 86.67< 121.50<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
1353.38IndoorSportCent Unsp 1353.38 1064.001064.001 1440000 1440000 ND 221.54<
Municipality totals Community Services Total Prices 3 $42,369,224 Community Services Total
Industrial Total Prices 133 $137,532,613 Industrial Total
Residential Total Prices 6,022 $3,397,605,681 Residential Total
Primary Production Total Prices 32 $58,103,561 Primary Production Total
National Parks, etc Total Prices 1 $240,000 National Parks, etc Total
Sport/Hrtge/Cultural Total Prices 1 $1,440,000 Sport/Hrtge/Cultural Total
Commercial Total Prices 115 $363,767,899 Commercial Total
Infrastruc&Utilities Total Prices 1 $152,039 Infrastruc&Utilities Total
All Sales Total 6,308 All Sales Total $4,001,211,017
A Guide to Property Values 2019 | Page 166
Residential price statistics 1989 to 2020
Glen Eira City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
219,948 1,209 116,250 144,096 7 116,000 101,071 1989 ^ 954 ^ 180,000
198,440 1,208 124,000 141,843 17 120,000 128,735 1990 1,003 165,000
189,949 1,291 117,500 124,102 27 124,000 115,655 1991 863 160,000
188,891 1,305 119,000 139,234 11 68,000 89,909 1992 976 160,000
193,954 1,473 118,500 130,830 19 100,000 169,273 1993 1,129 165,000
205,672 1,557 125,000 140,309 31 105,000 137,253 1994 1,301 178,000
198,511 1,504 124,000 139,601 39 104,000 131,891 1995 1,121 173,390
206,768 1,578 124,000 134,771 71 120,000 134,580 1996 1,409 179,000
246,776 1,780 137,750 154,856 65 148,500 146,440 1997 1,902 219,500
280,286 1,551 155,000 172,113 40 165,500 183,413 1998 1,526 250,000
323,383 1,527 173,500 193,027 57 173,000 181,501 1999 1,677 284,250
353,691 1,543 195,250 218,145 14 97,500 155,500 2000 1,662 320,000
428,628 1,629 247,500 265,730 27 155,000 196,574 2001 1,816 375,000
480,676 1,544 280,000 307,849 27 174,000 174,272 2002 1,544 430,500
548,556 1,440 314,000 344,787 28 165,500 186,796 2003 1,587 475,000
545,586 1,316 311,250 337,255 9 205,000 186,111 2004 ^ 1,260 ^ 490,000
586,240 1,464 315,000 343,757 1 125,000 125,000 2005 ^ 1,550 ^ 515,000
655,491 1,522 354,000 374,667 1 476,000 476,000 2006 ^ 1,561 ^ 580,500
846,666 1,597 385,000 429,207 5 230,000 262,500 2007 ^ 1,927 ^ 750,000
843,076 1,180 421,000 444,534 4 262,500 340,500 2008 ^ 1,408 ^ 750,000
863,765 1,383 460,000 491,507 11 270,000 247,545 2009 1,650 780,000
1,010,067 1,358 535,000 565,004 3 270,000 456,666 2010 ^ 1,528 ^ 905,000
979,650 1,162 525,000 554,830 4 305,000 308,750 2011 ^ 1,454 ^ 866,000
943,238 1,136 491,000 524,235 4 335,000 481,250 2012 ^ 1,500 ^ 832,500
1,052,213 1,391 529,000 563,095 7 730,000 755,714 2013 ^ 1,792 ^ 920,000
1,143,938 1,564 550,000 602,242 8 445,000 638,375 2014 ^ 2,416 ^ 1,050,000
1,358,456 1,615 576,400 634,273 10 360,000 640,391 2015 2,548 1,260,000
1,495,118 1,496 595,000 664,113 5 575,000 778,600 2016 ^ 2,181 ^ 1,365,000
1,647,251 1,457 625,000 706,769 5 1,000,000 1,040,000 2017 ^ 2,477 ^ 1,485,000
1,553,302 1,215 633,000 702,461 11 1,380,000 1,452,543 2018 1,611 1,406,000
1,480,409 1,256 630,000 702,881 17 750,000 975,952 2019 1,321 1,340,000
1,589,999 126 630,000 701,099 1 285,000 285,000 2020 ^ 235 ^ 1,407,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 167
Glen Eira City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
901.58Café 901.58 1331.001331.001 1200000 1200000 ND 52.52<
2829.79Com Land (Struct 0) 3246.96 376.00247.003 1064000 802000 42.21< ND
3435.56Fuel Outlet/Garage 3435.56 1769.001769.001 6077500 6077500 ND ND
2690.58Health Clinic Unsp 2690.58 223.00223.001 600000 600000 18.74< 41.96<
1861.25Health Surgery 1861.25 591.00591.001 1100000 1100000 ND 91.67<
5926.20Mixed Use Unspec 9909.91 274.86222.009 1614722 1785000 60.89< ND
2698.36Office Premises Uns 8970.46 497.83232.508 1228125 1005000 255.92< 146.65<
3354.11Pub/Tavern/Club Unsp 3354.11 401.00401.001 1345000 1345000 89.37< ND
1228.05Retail Mult Occ Unsp 1759.07 541.00516.505 801500 680000 24.86< 77.58<
2354.63Retail Sgle Occ Unsp 4105.84 835.71274.0019 1810062 900000 79.56< 116.13<
NAServ Apt/Unit Unsp NA NANA3 683333 725000 ND ND
579.81Serviced Apartments 610.47 1585.001585.006 653833 612500 ND 97.22<
NAShopping Centre Unsp NA NANA1 840000 840000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
32.55Factory Unsp 32.55 20274.0020274.004 825000 660000 ND 68.04<
1964.29Warehouse Unspec 1964.29 1064.001064.001 2090000 2090000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
731.50Closed Roads 731.50 28.0028.001 20482 20482 60.38< 18.62<Residential (SM)($/SM) (SM) ($/SM)
2743.06Age Care/Nursing Uns 2743.06 1440.001440.001 3950000 3950000 43.27< 48.17<
NACojoin Strata Unsp NA NANA6 858250 852500 71.83< 76.80<
2715.37Detached Home Unsp 2261.85 555.54586.501236 1484782 1346500 95.50< 96.87<
1197.39Detached Home(exist) 1197.39 765.00765.001 916000 916000 44.41< 79.97<
NAIndividual Car Park NA NANA4 315625 301250 669.44< 1205.00<
NAOYO Sub Dwelling NA NANA6 1272483 1035000 ND ND
NAOYO Sub Unit NA NANA1 689000 689000 ND ND
NARes Dev Site NA NANA2 1334500 1334500 ND 90.47<
2453.97Res Land (WithBuild) 1827.64 579.33673.003 1421666 1230000 ND ND
143.51Res/Rural Lstyle 143.51 4146.004146.001 595000 595000 ND 49.58<
NARetire Village Unit NA NANA6 284900 212500 43.59< 76.03<
3962.79Semi-detached Unspec 4774.92 325.57311.0019 1225652 1260000 100.80< 113.51<
NASingle Strata Unit NA NANA7 1170928 900000 105.88< 151.26<
NASingle Strata Unsp NA NANA620 758947 715000 103.03< 100.00<
NAStrata Dwelling NA NANA1 510000 510000 ND ND
NAStrata Unit/Flat Uns NA NANA661 635991 578000 100.00< 109.06<
NATownhouse NA NANA12 1073007 940000 197.89< 170.91<
2282.96Vac Res A 109.98 515.45594.0017 975952 750000 54.35< 130.43<
36.41Vac Res Rural Lstyle 36.41 14488.0014488.001 527500 527500 ND ND
NAVilla Unit NA NANA1 803500 803500 ND NDSport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
6320.54IndoorSportCent Unsp 6320.54 443.00443.001 2800000 2800000 ND ND
Municipality totals Commercial Total Prices 59 $83,083,680 Commercial Total
Industrial Total Prices 5 $5,390,000 Industrial Total
Residential Total Prices 2,606 $2,817,761,206 Residential Total
Infrastruc&Utilities Total Prices 1 $20,482 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 1 $2,800,000 Sport/Hrtge/Cultural Total
All Sales Total 2,672 All Sales Total $2,909,055,368
A Guide to Property Values 2019 | Page 168
Residential price statistics 1989 to 2020
Glenelg Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
67,862 306 63,500 81,529 117 14,000 20,515 1989 21 65,000
68,426 266 59,085 97,827 98 13,575 16,811 1990 17 66,500
68,796 254 71,950 73,413 45 16,000 19,720 1991 16 67,000
69,914 267 61,500 60,298 72 15,900 22,992 1992 24 65,000
75,345 298 67,500 73,482 75 17,000 19,043 1993 29 68,625
78,854 297 75,000 108,723 75 15,000 20,206 1994 21 72,900
74,807 285 57,000 95,300 82 20,750 27,546 1995 19 67,000
81,456 203 62,000 64,184 59 17,600 31,347 1996 19 68,500
76,597 242 72,000 65,726 56 18,500 32,897 1997 13 67,250
81,332 282 65,000 80,233 42 18,000 50,248 1998 15 68,000
79,285 271 84,000 152,238 54 22,750 25,327 1999 21 68,000
86,333 321 61,500 71,578 80 20,000 24,459 2000 19 75,000
94,586 389 81,000 93,603 177 22,500 31,367 2001 29 82,000
111,401 433 95,000 118,818 221 24,000 32,009 2002 33 98,000
141,394 383 120,000 115,015 172 29,240 36,933 2003 32 133,000
170,591 346 124,000 181,318 133 45,000 47,811 2004 33 160,000
172,057 344 172,500 217,672 136 50,000 53,192 2005 32 165,000
192,559 378 155,000 199,889 106 56,000 60,058 2006 33 182,250
208,443 358 150,000 180,458 97 63,000 73,126 2007 44 195,000
199,144 307 160,000 161,069 65 76,000 77,392 2008 28 184,500
199,705 292 172,500 163,352 64 74,500 77,203 2009 22 185,000
227,587 264 178,500 205,508 60 78,000 84,242 2010 31 205,001
225,625 239 185,000 181,647 33 85,000 106,076 2011 17 215,000
216,636 209 210,500 212,266 41 80,000 72,973 2012 27 205,000
208,365 221 155,000 173,633 50 85,000 89,850 2013 15 209,000
188,457 233 210,000 212,391 23 80,000 78,065 2014 23 170,000
221,800 232 210,000 183,668 24 51,625 60,781 2015 24 204,500
206,131 241 150,000 199,333 24 77,500 91,812 2016 15 195,000
238,699 358 180,000 229,796 32 50,000 58,593 2017 27 211,501
246,617 418 170,000 194,705 71 74,000 90,742 2018 39 220,000
260,009 348 189,828 230,480 72 67,750 87,329 2019 56 241,250
307,378 78 193,000 209,884 26 79,250 89,846 2020 13 286,250
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 169
Glenelg Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
657.14Fuel Outlet/Garage 657.14 3500.003500.001 2300000 2300000 681.48< 311.86<
220.98Hotel/Motel Unsp 220.98 3394.003394.003 350265 188796 ND ND
NAMixed Use Unspec NA NANA1 825000 825000 332.66< ND
107.54Pub/Tavern/Club Unsp 121.05 5123.505123.502 551000 551000 ND 155.58<
275.00Retail Mult Occ Unsp 275.00 700.00700.002 306250 306250 63.80< ND
29.09Retail Sgle Occ Unsp 86.61 5739.00989.5013 204173 165000 47.14< 150.00<
NAServ Apt/Unit Unsp NA NANA3 112833 112000 ND ND
60.50Timber Yard/Supplies 60.50 1000.001000.001 60500 60500 ND ND
101.84Tourist Park/Caravan 101.84 45171.0045171.001 4600000 4600000 ND ND
44.11Vehicle Sales Centre 44.11 9415.009415.001 415250 415250 ND ND
290.18Veterinary Clinic 290.18 448.00448.001 130000 130000 ND 34.67<Industrial (SM)($/SM) (SM) ($/SM)
346.69Factory Unsp 183.49 1264.33981.003 438333 225000 221.13< 84.35<
12.50Ind Dev Site 45.63 9798.502295.004 122500 104000 115.56< 49.89<
24.42Warehouse Unspec 57.24 11632.002306.004 295500 332500 87.50< ND
11.48Warehouse/Factory 11.48 30481.0030481.001 350000 350000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
NAUtilities Vac Land NA NANA1 4860 4860 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.90DomsticLivestockGraz 0.62 567373.15300000.0013 512089 350000 180.41< 92.70<
0.49GenCrop >20ha Unspec 0.65 835637.00361500.003 407150 260000 18.07< 246.16<
1.29Livestock – Beef 0.98 611161.45548000.0022 789273 613528 121.67< 153.38<
1.83Livestock – Dairy 1.18 765969.27500000.0011 1404872 970000 103.53< 179.63<
1.42Livestock – Sheep 0.60 661490.91493500.0022 939960 563930 58.77< 196.10<
1.09MixedFarm + infrast 1.59 1150633.33301900.003 1248807 479000 62.82< 100.16<
1.58MixedFarm&GrazUnsp 1.20 518662.70419700.0011 791750 520000 131.65< 138.67<
0.17Native Hardwood 0.18 565725.00607900.004 99000 78500 70.09< 69.78<
0.44Plant/Tree Nursery 0.44 993942.00993942.001 435000 435000 ND ND
0.51Softwood Plantation 0.48 404200.00518000.003 207160 250000 154.32< 233.64<
2.48Vineyard 2.54 484000.00484000.002 1200000 1200000 ND NDResidential (SM)($/SM) (SM) ($/SM)
275.13Detached Home Unsp 304.86 947.87777.00347 260139 242000 110.00< 123.16<
60.55Detached Home(exist) 60.55 3551.003551.001 215000 215000 29.86< 111.69<
NAIndividual Car Park NA NANA1 150000 150000 130.43< ND
6.43Res/Rural Lstyle 23.71 59044.6218411.0091 379216 370000 114.73< 132.14<
NASingle Strata Unsp NA NANA38 211559 183500 114.69< 126.55<
NAStrata Unit/Flat Uns NA NANA16 274228 196578 96.84< 77.47<
NATownhouse NA NANA1 293000 293000 ND ND
85.85Vac Res A 79.88 993.81845.0070 86975 67500 92.47< 90.00<
39.77Vac Res B 39.01 2508.002508.002 99750 99750 86.74< 124.69<
5.22Vac Res Rural Lstyle 8.74 31829.3718300.0043 166127 144000 108.68< 144.00<
NAVilla Unit NA NANA1 187000 187000 ND ND
Municipality totals Commercial Total Prices 29 $14,088,796 Commercial Total
Industrial Total Prices 12 $3,337,000 Industrial Total
Infrastruc&Utilities Total Prices 1 $4,860 Infrastruc&Utilities Total
Primary Production Total Prices 95 $77,683,517 Primary Production Total
Residential Total Prices 611 $151,480,112 Residential Total
All Sales Total 748 All Sales Total $246,594,285
A Guide to Property Values 2019 | Page 170
Residential price statistics 1989 to 2020
Golden Plains Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
84,237 ^ 109 55,000 59,333 112 27,000 29,766 1989 3 ^ 78,000
79,833 ^ 52 45,000 45,000 53 28,000 28,927 1990 1 ^ 72,250
84,132 ^ 49 100,750 100,750 30 32,350 28,133 1991 2 ^ 79,000
87,280 ^ 54 85,000 78,000 49 32,500 31,085 1992 3 ^ 80,000
85,960 ^ 70 54,000 63,666 39 35,000 33,696 1993 3 ^ 72,472
97,676 * 59 0 0 59 31,500 35,306 1994 0 * 83,000
100,278 ^ 54 82,000 79,333 24 36,500 48,797 1995 3 ^ 89,000
84,753 ^ 49 45,000 50,833 35 32,000 34,797 1996 3 ^ 78,000
91,592 ^ 59 35,000 48,666 50 30,750 41,009 1997 3 ^ 85,000
110,198 * 60 0 0 28 38,750 47,785 1998 0 * 87,500
97,481 ^ 73 95,000 89,200 36 28,250 26,587 1999 5 ^ 96,000
97,993 ^ 94 83,240 82,648 35 31,500 30,271 2000 5 ^ 85,000
119,094 ^ 76 133,000 123,478 67 43,000 42,127 2001 6 ^ 116,000
140,726 103 38,000 97,386 152 50,750 49,298 2002 11 116,000
183,857 90 56,000 119,138 99 52,500 53,099 2003 14 182,500
213,730 ^ 102 169,000 147,819 66 81,500 83,967 2004 5 ^ 227,500
208,027 69 113,750 140,916 47 82,500 86,154 2005 12 185,000
213,752 ^ 85 217,000 217,833 63 110,000 102,958 2006 6 ^ 200,000
217,442 87 203,000 203,588 84 115,380 106,648 2007 17 225,000
228,180 ^ 75 182,000 165,333 65 115,000 103,505 2008 6 ^ 217,555
257,086 75 210,500 188,968 135 115,000 93,164 2009 16 280,000
270,507 70 265,500 269,125 120 123,750 114,931 2010 20 285,000
311,427 83 260,000 255,046 111 137,500 131,269 2011 13 320,000
305,411 92 150,000 208,468 115 138,000 133,678 2012 19 318,750
327,652 97 265,000 220,912 99 147,500 140,005 2013 10 339,000
346,753 113 220,000 209,633 112 147,500 149,807 2014 15 360,000
349,072 122 264,000 276,694 97 145,000 135,728 2015 18 357,500
344,550 135 295,250 298,350 107 155,000 156,138 2016 10 360,000
397,554 133 229,000 230,166 100 150,000 151,630 2017 12 395,000
448,163 ^ 126 328,000 284,375 76 211,000 200,786 2018 8 ^ 470,049
458,092 ^ 119 390,000 373,333 45 230,000 212,955 2019 3 ^ 470,000
482,785 ^ 21 355,000 361,625 8 190,000 169,987 2020 ^ 4 ^^ 530,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 171
Golden Plains Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
41.28Pub/Tavern/Club Unsp 41.28 10900.0010900.001 450000 450000 ND ND
314.67Retail Sgle Occ Unsp 314.66 866.00866.002 272500 272500 117.46< NDCommunity Services (SM)($/SM) (SM) ($/SM)
1421.80Child Centre Unsp 1421.80 3165.003165.001 4500000 4500000 ND ND
6.68Place of Worship 6.68 80800.0080800.001 540000 540000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
424.67Warehouse Unspec 419.56 796.50796.502 338250 338250 ND 91.42<Primary Production (SM)($/SM) (SM) ($/SM)
0.70Cattle Feed Lot 0.75 649800.00649800.002 453600 453600 ND ND
1.39DomsticLivestockGraz 1.12 667561.27323700.0011 930568 880000 139.35< ND
1.08GenCrop >20ha Unspec 1.23 1213324.00998524.0016 1309670 1087500 98.56< 134.41<
0.55Hardwood Plantation 0.55 1320000.001320000.001 728000 728000 ND ND
0.64Livestock – Beef 0.78 559550.00559550.002 360000 360000 77.42< ND
3.04Livestock – Sheep 7.04 359287.50274975.004 1093672 923595 88.54< 207.70<
4.57MixedFarm + infrast 4.53 149428.50149428.502 682294 682294 58.07< 100.71<
0.78MixedFarm no infrast 0.82 1098979.501098979.502 862500 862500 157.10< 180.44<
1.35MixedFarm&GrazUnsp 0.66 476584.82380497.0013 627423 445000 55.28< 87.77<
1.27Plant/Tree Nursery 1.27 122100.00122100.001 155000 155000 62.00< 33.19<
4.52Poultry broiler 4.52 310000.00310000.001 1400000 1400000 ND ND
1.13Softwood Plantation 1.13 631300.00631300.001 715000 715000 376.32< NDResidential (SM)($/SM) (SM) ($/SM)
274.69Detached Home Unsp 362.50 1659.041000.00117 458529 470000 99.46< 130.56<
162.97Detached Home(exist) 162.97 3160.003160.002 432500 432500 201.16< 131.06<
4.94MisImpRuralLand Unsp 4.94 32400.0032400.001 160000 160000 42.95< 123.08<
19.47Res/Rural Lstyle 37.66 31857.5715800.00214 621125 597500 111.68< 136.73<
NASingle Strata Unsp NA NANA1 310000 310000 93.94< 109.54<
NAStrata Unit/Flat Uns NA NANA2 405000 405000 300.00< 116.55<
176.22Vac Res A 342.54 999.74905.0038 220434 240000 104.80< 157.89<
60.07Vac Res B 9.67 2869.142585.007 172357 150000 103.45< 67.11<
8.74Vac Res Rural Lstyle 7.01 30664.6712120.00127 277417 285000 117.53< 132.56<
Municipality totals Primary Production Total Prices 56 $51,436,963 Primary Production Total
Community Services Total Prices 2 $5,040,000 Community Services Total
Industrial Total Prices 2 $676,500 Industrial Total
Residential Total Prices 509 $233,528,893 Residential Total
Commercial Total Prices 3 $995,000 Commercial Total
All Sales Total 572 All Sales Total $291,677,356
A Guide to Property Values 2019 | Page 172
Residential price statistics 1989 to 2020
Hepburn Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
68,384 251 76,300 81,540 179 16,000 19,994 1989 10 66,000
73,585 ^ 166 73,500 75,250 129 17,500 19,301 1990 4 ^ 70,000
71,537 ^ 173 90,000 92,000 78 18,000 22,768 1991 8 ^ 68,000
79,643 ^ 199 76,250 74,125 74 20,875 23,047 1992 8 ^ 75,000
82,111 ^ 164 85,750 94,250 82 20,300 26,770 1993 6 ^ 75,000
94,254 ^ 201 95,000 75,444 99 20,000 23,675 1994 9 ^ 80,000
97,460 160 62,500 80,250 79 20,000 40,819 1995 14 77,625
92,288 ^ 168 80,000 74,500 64 25,500 35,418 1996 5 ^ 79,250
86,781 214 94,175 95,735 83 20,000 31,900 1997 10 77,100
101,291 239 82,000 98,945 84 17,250 25,689 1998 11 85,000
103,565 241 75,500 75,800 81 31,200 42,440 1999 10 89,000
108,814 241 44,000 156,976 88 25,000 32,418 2000 21 100,000
135,670 292 137,000 140,578 108 41,000 47,126 2001 19 124,000
175,507 265 175,000 182,205 96 29,750 44,506 2002 29 155,500
177,327 290 228,000 274,495 81 37,500 46,794 2003 23 163,234
211,202 246 195,000 218,384 76 66,500 67,261 2004 13 182,500
225,221 223 346,500 334,337 55 70,000 78,548 2005 20 198,000
237,777 230 262,500 294,191 51 80,000 86,296 2006 22 215,000
237,323 291 234,500 260,733 67 84,000 79,776 2007 44 215,000
242,758 233 276,665 273,870 44 80,000 78,623 2008 23 230,000
266,159 279 225,000 252,769 66 97,500 98,765 2009 40 242,000
305,641 249 239,000 276,337 81 105,000 107,587 2010 48 265,000
305,653 244 285,000 291,956 79 115,000 118,311 2011 23 280,000
320,589 197 285,000 279,874 66 122,500 120,346 2012 25 300,000
326,470 269 257,500 270,150 67 114,000 115,688 2013 20 300,000
365,423 259 275,000 266,460 65 130,000 130,779 2014 25 335,000
374,127 255 315,000 346,356 69 132,000 121,568 2015 30 350,400
416,663 283 290,000 372,710 72 153,500 155,435 2016 29 377,000
448,250 288 350,000 358,625 77 150,000 157,497 2017 28 406,250
497,914 284 402,500 401,406 90 186,250 213,875 2018 24 445,000
516,004 251 536,000 604,320 72 186,500 201,697 2019 25 480,000
506,145 ^ 48 461,250 484,199 12 202,500 287,333 2020 8 ^ 475,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 173
Hepburn Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2335.27Health Clinic Unsp 3424.42 258.00258.002 602500 602500 ND ND
950.31Hotel/Motel Unsp 950.31 805.00805.002 932500 932500 ND 444.05<
513.78Mixed Use Unspec 559.52 1070.50993.504 550000 590000 49.02< ND
NAPub/Tavern/Club Unsp NA NANA1 1545000 1545000 143.72< 28.09<
1046.77Retail Sgle Occ Unsp 3454.85 588.00281.007 567571 500000 81.30< 80.16<Industrial (SM)($/SM) (SM) ($/SM)
1021.67Warehouse Unspec 1021.67 323.00323.001 330000 330000 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
2.58DomsticLivestockGraz 3.17 312194.00307400.0014 1019498 897500 299.17< 101.99<
5.97GenCrop >20ha Unspec 5.88 411415.50235933.0010 2041599 1306676 201.03< ND
3.13Livestock – Beef 8.14 345483.00319600.005 1082617 603088 96.57< ND
3.48Livestock – Dairy 3.48 115015.00115015.001 400000 400000 ND ND
0.69Livestock – Sheep 3.63 461449.50145604.004 316400 246300 22.39< ND
2.35MixedFarm&GrazUnsp 2.35 331716.00232536.0014 780471 627500 98.82< 96.75<Residential (SM)($/SM) (SM) ($/SM)
377.05Detached Home Unsp 344.15 1393.841017.00246 519386 482500 108.43< 128.15<
378.04Detached Home(exist) 418.36 997.25580.504 377000 384500 81.38< 98.59<
17.61Res/Rural Lstyle 35.85 39863.1920196.50133 705306 626000 122.75< 135.35<
869.57Semi-detached Unspec 869.57 276.00276.001 240000 240000 ND ND
NASingle Strata Unsp NA NANA22 617590 577000 139.88< 192.33<
NAStrata Unit/Flat Uns NA NANA3 507000 535000 140.79< 280.84<
200.18Vac Res A 229.53 829.00695.5051 183665 150000 81.63< 110.29<
91.83Vac Res B 132.88 2673.382634.0021 245490 250000 126.58< 143.68<
8.60Vac Res Rural Lstyle 6.47 33320.1115650.0037 284100 210000 98.59< 121.74<
Municipality totals Industrial Total Prices 1 $330,000 Industrial Total
Primary Production Total Prices 48 $52,694,269 Primary Production Total
Commercial Total Prices 16 $10,788,000 Commercial Total
Residential Total Prices 518 $263,464,807 Residential Total
All Sales Total 583 All Sales Total $327,277,076
A Guide to Property Values 2019 | Page 174
Residential price statistics 1989 to 2020
Hindmarsh Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
34,270 ^ 108 62,500 55,833 23 5,000 11,752 1989 3 ^ 29,750
40,247 ^ 85 41,500 41,500 19 6,500 7,944 1990 2 ^ 40,000
41,526 ^ 68 65,750 63,625 23 3,300 6,530 1991 4 ^ 37,000
41,991 ^ 89 66,000 66,000 24 7,375 11,428 1992 1 ^ 36,000
45,924 ^ 78 69,500 66,750 17 7,000 9,813 1993 4 ^ 43,750
51,316 ^ 106 15,000 30,937 40 5,500 6,536 1994 8 ^ 46,300
47,527 ^ 97 65,500 53,289 20 4,900 35,402 1995 7 ^ 40,000
48,924 ^ 106 80,000 68,531 39 17,000 44,439 1996 7 ^ 39,750
52,744 ^ 86 80,000 70,800 25 9,500 40,213 1997 3 ^ 39,500
47,414 ^ 82 17,500 17,500 26 14,000 35,467 1998 2 ^ 40,500
46,501 ^ 90 89,000 89,000 20 4,750 9,332 1999 1 ^ 39,625
44,817 ^ 119 77,000 58,250 20 4,750 12,350 2000 6 ^ 40,000
59,565 ^ 119 57,500 57,500 52 14,250 16,585 2001 2 ^ 52,000
64,010 ^ 97 104,000 104,000 32 15,500 19,644 2002 2 ^ 60,000
72,998 ^ 126 72,500 75,000 29 18,000 19,168 2003 6 ^ 65,500
75,711 ^ 125 125,000 133,950 40 17,128 18,752 2004 5 ^ 65,000
98,398 ^ 146 126,000 128,800 38 18,500 18,557 2005 5 ^ 80,000
93,145 ^ 118 130,000 145,892 25 9,000 17,468 2006 7 ^ 81,000
96,821 * 110 0 0 23 12,000 17,108 2007 0 * 80,000
102,865 * 101 0 0 23 22,000 21,160 2008 0 * 78,500
113,370 ^ 107 136,000 130,600 17 25,000 25,535 2009 5 ^ 90,000
97,162 ^ 87 130,000 132,500 21 15,000 18,932 2010 3 ^ 82,500
111,876 ^ 65 150,000 161,166 20 22,875 44,822 2011 3 ^ 105,000
98,239 ^ 92 127,500 138,750 21 30,000 38,662 2012 4 ^ 84,500
103,788 ^ 127 125,000 115,833 19 15,000 27,512 2013 9 ^ 89,000
111,766 ^ 101 137,000 144,666 16 19,250 31,040 2014 3 ^ 90,000
116,649 ^ 119 149,500 149,500 11 29,000 22,818 2015 2 ^ 105,000
133,877 ^ 89 122,000 122,000 7 25,000 23,546 2016 ^ 2 ^^ 124,500
134,417 ^ 86 159,000 159,000 10 18,750 22,420 2017 2 ^ 108,750
138,141 ^ 118 149,000 147,625 23 18,000 24,239 2018 4 ^ 120,000
128,053 ^ 98 165,000 170,800 21 20,000 21,559 2019 5 ^ 105,500
120,139 ^ 33 186,250 186,250 1 6,000 6,000 2020 ^ 2 ^^ 105,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 175
Hindmarsh Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
336.44Fuel Outlet/Garage 336.44 1932.001932.001 650000 650000 822.78< ND
87.63Mixed Use Unspec 87.63 485.00485.001 42500 42500 18.09< ND
36.41Office Premises Uns 36.41 412.00412.001 15000 15000 21.43< ND
62.24Pub/Tavern/Club Unsp 52.46 2688.672516.003 167333 160000 355.56< ND
80.65Retail Mult Occ Unsp 80.65 806.00806.001 65000 65000 ND ND
185.19Retail Sgle Occ Unsp 185.19 702.00702.001 130000 130000 216.67< 250.00<Industrial (SM)($/SM) (SM) ($/SM)
63.56Warehouse Unspec 64.94 621.50621.502 39500 39500 38.35< NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.14DomsticLivestockGraz 0.25 565688.00493964.003 78240 100000 ND ND
0.43GenCrop >20ha Unspec 0.47 2087178.391589300.0028 896200 788728 215.24< 146.08<
2.81MixedFarm + infrast 2.81 99800.0099800.001 280000 280000 ND ND
0.33MixedFarm&GrazUnsp 0.34 3099697.003123500.004 1034990 960877 185.93< 241.43<Residential (SM)($/SM) (SM) ($/SM)
116.29Detached Home Unsp 106.58 1119.111011.0097 129074 106000 88.33< 88.33<
37.86Detached Home(exist) 37.86 766.00766.001 29000 29000 29.00< 17.68<
1.80MisImpRuralLand Unsp 2.97 55250.0055250.002 99500 99500 ND ND
NARes Investment Flat NA NANA1 144000 144000 ND ND
3.44Res/Rural Lstyle 4.94 55977.6440500.0011 192681 200000 111.11< 108.11<
NASingle Strata Unsp NA NANA3 176666 165000 110.00< 220.00<
NAStrata Unit/Flat Uns NA NANA1 180000 180000 128.57< 106.51<
18.63Vac Res A 19.76 1181.121012.0017 22002 21500 119.44< 143.33<
8.63Vac Res B 14.24 2280.252060.504 19675 13850 54.31< 40.25<
4.44Vac Res Rural Lstyle 1.53 45741.6039284.0010 203100 45750 122.00< 70.38<
Municipality totals Commercial Total Prices 8 $1,404,500 Commercial Total
Industrial Total Prices 2 $79,000 Industrial Total
Primary Production Total Prices 36 $29,748,285 Primary Production Total
Residential Total Prices 147 $18,205,485 Residential Total
All Sales Total 193 All Sales Total $49,437,270
A Guide to Property Values 2019 | Page 176
Residential price statistics 1989 to 2020
Hobsons Bay City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
129,779 891 93,500 122,135 375 44,500 48,732 1989 176 117,000
135,870 769 95,000 106,715 241 45,000 48,189 1990 201 120,000
128,041 811 95,000 111,106 280 46,000 55,153 1991 221 113,000
117,044 979 93,000 106,571 392 43,000 52,329 1992 253 105,000
121,442 1,042 95,000 110,393 398 42,000 51,079 1993 199 107,500
127,345 1,112 97,500 112,582 411 42,500 54,829 1994 348 110,000
127,879 1,100 92,000 103,823 429 49,550 62,784 1995 320 112,500
137,726 1,300 98,250 119,078 475 47,200 54,531 1996 356 118,000
155,179 1,496 107,750 121,986 708 48,000 61,594 1997 514 130,000
182,352 1,521 120,000 142,016 609 54,000 70,462 1998 413 150,000
204,471 1,506 133,000 155,022 469 70,000 90,833 1999 462 172,000
231,469 1,457 150,500 178,228 217 72,840 92,394 2000 427 190,500
276,227 1,675 180,000 211,294 293 85,120 97,056 2001 526 227,500
307,236 1,713 220,000 247,965 118 95,000 100,956 2002 461 270,000
351,661 1,630 235,500 254,972 99 140,000 132,582 2003 461 300,000
356,743 1,368 242,000 274,857 42 135,000 139,786 2004 388 307,750
381,595 1,447 249,000 282,322 21 140,000 178,100 2005 486 308,000
406,743 1,453 285,000 317,239 49 150,000 162,658 2006 501 335,000
483,701 1,720 298,000 329,632 76 155,000 168,925 2007 737 393,225
496,247 1,288 316,000 358,575 35 153,000 138,378 2008 479 417,750
516,572 1,420 368,000 396,366 25 170,000 194,981 2009 653 435,000
605,079 1,357 417,750 448,513 26 207,500 215,534 2010 578 535,000
634,239 1,138 430,000 448,456 25 265,000 269,254 2011 508 545,000
612,749 1,087 410,000 438,690 24 270,000 285,391 2012 441 529,000
640,573 1,327 445,000 470,541 37 305,000 330,064 2013 582 570,000
661,712 1,415 468,500 498,055 20 319,250 422,297 2014 680 595,000
749,968 1,467 470,000 513,530 24 396,000 431,722 2015 777 675,000
830,933 1,296 530,000 562,408 32 431,840 474,387 2016 774 750,500
973,951 1,250 600,000 662,573 84 517,600 520,469 2017 729 870,000
991,199 1,031 620,000 645,947 46 506,300 487,481 2018 549 875,000
928,503 1,094 601,000 627,684 18 506,500 858,824 2019 529 825,000
907,261 134 630,000 651,947 2 543,000 543,000 2020 ^ 79 ^ 817,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 177
Hobsons Bay City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NADev Site NA NANA1 2310000 2310000 40.45< 60.00<
13023.26Health Clinic Unsp 13023.26 215.00215.001 2800000 2800000 141.77< ND
7210.53Health Surgery 7210.53 190.00190.001 1370000 1370000 ND ND
1132.73LowRise Office Build 1132.73 4061.004061.001 4600000 4600000 ND ND
121.70Mixed Use Unspec 801.57 5118.20223.007 563507 455000 75.14< ND
228.92Office Premises Uns 682.41 7950.674930.5011 1165103 520000 92.87< 247.62<
6161.88Pub/Tavern/Club Unsp 6167.30 191.50191.502 1180000 1180000 216.51< ND
10146.94Retail Mult Occ Unsp 10146.94 245.00245.001 2486000 2486000 441.17< 334.81<
556.05Retail Sgle Occ Unsp 2243.59 2145.07312.0021 1032585 700000 80.37< 88.89<
1768.63Shop Cnt MajorRegnal 1768.63 34490.0034490.001 61000000 61000000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
287.93Factory Unsp 1295.94 4483.951551.0039 872767 478500 64.44< 55.16<
1000.43Food ProcessingUnsp 893.45 2344.002344.002 2345000 2345000 5.65< ND
305.67Ind Dev Site 377.22 2694.221133.5019 790330 95000 5.83< 16.00<
3648.33Ind Land Building $0 3648.33 60.0060.002 1484450 1484450 34.13< 17.08<
705.74Major Ind Complex 705.74 41800.0041800.001 29500000 29500000 ND ND
1410.16Office/Factory 1410.16 4113.004113.001 5800000 5800000 ND 1098.48<
17.04Vac Englobo Land 17.04 310000.00310000.001 5281524 5281524 12.47< 442.52<
449.23Warehouse Unspec 1063.10 15738.141759.0047 3455862 506000 81.42< 25.30<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA5 606400 590000 67.82< 109.26<
1969.08Detached Home Unsp 5617.01 470.89497.501082 928312 823750 93.61< 109.83<
NAIndividual Car Park NA NANA7 406428 375000 1500.00< ND
NAOYO Sub Dwelling NA NANA3 843333 825000 136.36< 126.92<
NAOYO Sub Unit NA NANA4 676750 690000 116.95< 127.78<
273.68Res Investment Flat 273.68 2302.002302.001 630000 630000 144.83< 157.89<
1097.83Res Land (WithBuild) 1097.83 1012.001012.001 1111000 1111000 3.61< 128.81<
9.55Res/Rural Lstyle 9.55 90000.0090000.001 859860 859860 139.25< 99.65<
NARetire Village Unit NA NANA17 405941 490000 84.48< 110.11<
3076.92Semi-detached 3076.92 286.00286.001 880000 880000 94.62< 115.79<
4851.29Semi-detached Unspec 3762.89 206.22194.0011 951727 895000 110.15< 116.23<
NASingle Strata Unit NA NANA3 616666 590000 150.75< ND
NASingle Strata Unsp NA NANA316 634669 623750 107.92< 116.92<
NAStrata Unit/Flat Uns NA NANA167 622530 575000 85.19< 110.68<
NATownhouse NA NANA12 752216 646500 80.81< 97.58<
1372.39Vac Res A 1242.73 550.86497.0016 716489 497500 98.26< 115.20<
969.66Vac Res B 969.66 2060.002060.002 1997500 1997500 ND ND
NAVilla Unit NA NANA1 850000 850000 131.78< ND
Municipality totals Industrial Total Prices 112 $259,720,158 Industrial Total
Commercial Total Prices 47 $115,370,988 Commercial Total
Residential Total Prices 1,650 $1,368,102,829 Residential Total
All Sales Total 1,809 All Sales Total $1,743,193,975
A Guide to Property Values 2019 | Page 178
Residential price statistics 1989 to 2020
Horsham Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
77,045 258 73,750 85,892 114 24,500 26,989 1989 50 72,000
83,178 223 78,250 85,802 85 25,000 27,753 1990 38 75,000
79,265 250 82,000 91,693 56 25,500 27,673 1991 31 75,000
86,152 273 75,750 82,001 117 25,000 33,211 1992 36 80,000
83,263 286 80,000 97,442 87 24,000 26,737 1993 28 78,000
86,199 321 83,500 81,884 72 25,000 30,331 1994 41 80,000
89,476 302 86,500 79,475 73 28,000 35,131 1995 30 84,000
97,470 270 93,500 91,287 48 31,450 49,474 1996 33 85,250
98,681 316 92,000 89,587 85 33,000 45,712 1997 37 90,250
94,927 328 83,500 84,850 80 37,000 39,576 1998 56 85,000
105,889 310 84,500 85,921 72 36,500 38,403 1999 44 95,000
102,117 398 88,000 94,881 83 32,000 36,654 2000 58 90,000
115,095 418 100,000 108,116 153 37,000 47,829 2001 75 107,000
132,893 388 100,000 106,756 161 45,200 51,175 2002 69 125,000
146,037 436 135,900 140,298 187 49,000 54,912 2003 73 137,750
165,181 437 178,975 183,717 163 53,000 56,255 2004 66 155,000
183,101 350 162,500 166,101 133 59,900 63,346 2005 56 167,250
187,928 318 175,000 187,214 139 64,600 70,445 2006 51 167,850
189,362 407 155,000 166,386 73 62,000 72,329 2007 57 173,000
198,518 381 180,000 181,819 53 62,500 58,764 2008 55 177,500
190,557 411 167,250 190,395 74 62,400 61,311 2009 60 178,000
203,692 342 200,000 211,795 73 83,500 81,132 2010 50 185,000
226,312 293 197,500 213,734 86 96,430 105,271 2011 58 210,000
231,852 341 187,500 196,691 91 93,400 97,052 2012 64 220,000
222,873 376 176,750 192,463 87 98,900 112,346 2013 73 210,500
229,596 347 185,550 196,333 94 104,000 101,627 2014 72 210,000
252,806 331 209,000 230,096 55 96,000 107,663 2015 69 239,950
258,634 305 227,625 251,145 80 99,000 101,482 2016 46 240,000
275,492 312 258,000 256,872 76 110,000 117,006 2017 51 263,750
269,324 327 248,500 238,860 50 110,000 114,470 2018 54 252,500
280,878 317 220,000 240,962 70 111,000 119,711 2019 54 265,000
276,421 ^ 76 208,500 245,562 12 113,750 108,500 2020 8 ^ 275,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 179
Horsham Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
315.53Mixed Use Unspec 315.53 103.00103.001 32500 32500 4.64< ND
809.89Office Premises Uns 803.26 1173.001173.003 634702 550000 ND 62.50<
478.26Pub/Tavern/Club Unsp 478.26 1150.001150.001 550000 550000 ND 63.22<
316.70Retail Mult Occ Unsp 317.63 1042.001042.002 330000 330000 46.48< ND
890.41Retail Sgle Occ Unsp 1327.43 692.00452.003 616166 600000 160.00< 156.30<Community Services (SM)($/SM) (SM) ($/SM)
20.31Halls&Service Rooms 25.90 3080.503080.502 62575 62575 ND NDExtractive Industry (SM)($/SM) (SM) ($/SM)
0.68Quarry Gravel/Stone 0.68 265400.00265400.001 180000 180000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
393.52Food ProcessingUnsp 393.52 648.00648.001 255000 255000 ND ND
58.08Ind Dev Site 60.27 1774.831998.507 96460 80000 50.16< 40.69<
200.22Warehouse Unspec 278.87 1728.751247.004 346125 273750 113.12< 79.00<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
0.12Closed Roads 0.17 28082.5028082.503 2566 2200 40.00< ND
NAReservedRoads NA NANA1 5500 5500 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.65DomsticLivestockGraz 4.41 404122.38380938.008 665868 210000 40.75< ND
0.72GenCrop >20ha Unspec 0.74 919574.65933600.0023 662038 514759 100.99< 75.90<
1.17Kennel/Cattery 1.17 256200.00256200.001 300000 300000 ND ND
0.08Livestock – Sheep 0.08 1920000.001920000.001 160000 160000 16.49< ND
3.63MixedFarm + infrast 4.19 111500.00111500.002 405000 405000 45.00< ND
1.55MixedFarm no infrast 1.55 490000.00490000.001 760001 760001 124.65< 365.46<
0.79MixedFarm&GrazUnsp 0.32 1140893.86706300.008 786136 290000 82.86< 71.92<Residential (SM)($/SM) (SM) ($/SM)
334.50Detached Home Unsp 506.43 841.44770.00314 281369 265000 104.95< 110.42<
247.30Detached Home(exist) 253.30 1111.001111.002 274750 274750 ND 96.40<
9.32Res/Rural Lstyle 10.98 43760.0320950.0038 406040 359500 93.38< 104.20<
198.86Semi-detached Unspec 198.86 699.00699.001 139000 139000 47.60< 31.95<
NASingle Strata Unsp NA NANA41 241298 220000 112.82< 88.00<
NAStrata Unit/Flat Uns NA NANA11 245950 210000 73.04< 102.44<
NATownhouse NA NANA2 206625 206625 ND 137.77<
161.16Vac Res A 134.62 799.24780.0062 125752 115000 104.55< 116.16<
24.94Vac Res B 49.36 2923.003140.008 72896 73000 113.62< 55.41<
416.67Vac Res Englobo Oth 416.67 360.00360.001 150000 150000 ND ND
3.44Vac Res Rural Lstyle 7.48 37701.1620000.0032 129843 145000 107.41< 100.35<
Municipality totals Commercial Total Prices 10 $4,995,107 Commercial Total
Community Services Total Prices 2 $125,150 Community Services Total
Residential Total Prices 512 $130,164,848 Residential Total
Extractive Industry Total Prices 1 $180,000 Extractive Industry Total
Infrastruc&Utilities Total Prices 4 $13,200 Infrastruc&Utilities Total
Industrial Total Prices 12 $2,314,720 Industrial Total
Primary Production Total Prices 44 $28,872,930 Primary Production Total
All Sales Total 585 All Sales Total $166,665,955
A Guide to Property Values 2019 | Page 180
Residential price statistics 1989 to 2020
Hume City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
116,670 1,433 104,450 127,035 1,481 41,700 54,013 1989 344 109,000
123,511 1,245 105,000 121,995 1,025 45,000 51,283 1990 248 115,000
116,144 1,242 98,750 105,900 1,264 36,000 41,208 1991 224 109,850
112,628 1,295 95,000 110,171 1,255 40,000 43,862 1992 198 106,000
111,794 1,390 99,250 121,070 1,291 41,200 47,076 1993 256 106,000
110,755 1,442 95,000 113,044 1,240 43,000 49,009 1994 248 106,625
110,083 1,482 92,250 124,511 868 43,500 50,040 1995 206 105,000
110,164 1,433 95,050 116,224 760 45,500 53,080 1996 196 105,000
113,035 1,853 100,000 130,392 1,091 48,000 55,723 1997 257 105,500
122,450 1,878 105,000 118,442 1,324 55,000 62,756 1998 291 114,500
142,126 2,085 110,100 119,104 2,112 59,000 63,715 1999 301 132,500
156,474 2,233 128,500 134,756 1,345 62,500 65,371 2000 322 145,000
178,732 2,658 152,000 159,760 2,192 69,000 72,945 2001 393 165,000
210,347 2,616 176,000 194,533 2,398 82,500 88,189 2002 393 192,500
238,987 2,757 195,000 199,925 2,424 102,000 109,963 2003 491 225,000
254,983 2,447 223,000 238,234 1,452 120,000 124,266 2004 432 242,000
259,365 2,506 225,750 256,927 1,327 128,250 135,985 2005 390 245,000
269,444 2,232 232,500 245,686 1,391 128,000 139,862 2006 411 249,000
284,088 2,862 226,000 243,985 1,612 130,500 138,670 2007 573 260,000
299,653 2,873 252,500 263,613 1,381 143,000 150,563 2008 571 280,000
340,153 3,024 273,500 281,357 1,668 160,000 167,308 2009 652 325,000
389,071 2,483 320,000 348,140 1,483 191,000 200,511 2010 457 370,000
383,665 2,306 320,000 315,182 1,308 209,000 211,649 2011 499 361,000
372,220 2,114 310,000 302,819 1,311 199,900 201,045 2012 496 350,000
383,071 2,386 305,000 300,294 1,561 201,000 202,350 2013 575 360,000
391,116 2,715 319,950 319,287 1,932 213,750 216,527 2014 699 369,900
413,687 3,333 335,700 345,926 3,185 219,900 217,747 2015 786 390,000
447,949 3,456 347,500 354,008 4,115 225,000 226,170 2016 793 426,000
530,604 3,750 375,000 389,402 4,214 283,450 284,251 2017 787 515,000
577,641 3,027 415,000 427,101 1,829 320,000 328,096 2018 534 560,000
556,072 2,956 400,500 413,769 1,105 307,000 318,053 2019 450 540,000
566,264 521 400,000 411,120 237 310,000 326,180 2020 89 555,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 181
Hume City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1288.89Fuel Outlet/Garage 1409.23 6059.506059.502 7810000 7810000 162.71< 491.19<
361.09Health Clinic Unsp 1682.37 2772.33743.004 857665 838750 64.47< 119.82<
NAIndiv CarPark Unspe NA NANA1 135000 135000 ND ND
45.23Mixed Use Unspec 1486.54 25764.00522.0014 1299442 881250 150.94< 220.31<
441.41Multi Use FuelOutlet 441.41 3115.003115.001 1375000 1375000 ND ND
546.30Office Premises Uns 1994.02 2538.941003.0022 1190456 760000 126.67< 380.00<
NAPub/Tavern/Club Unsp NA NANA1 200000 200000 48.19< 16.67<
914.28Retail Mult Occ Unsp 2588.24 1167.00221.005 721180 340000 17.99< 4.11<
731.66Retail Sgle Occ Unsp 1530.89 1272.44722.0021 912179 736364 117.91< 169.47<
749.63Retail Store/Showrm 749.63 2001.002001.001 1500000 1500000 ND ND
5833.33Shop 5833.33 60.0060.001 350000 350000 50.00< 123.89<Community Services (SM)($/SM) (SM) ($/SM)
24.00Place of Worship 24.00 62500.0062500.001 1500000 1500000 222.22< ND
8989.46Vac Edu & Res Site 8989.46 1138.001138.001 10230000 10230000 172.22< NDIndustrial (SM)($/SM) (SM) ($/SM)
926.57Coolstore/Coldstore 926.57 4317.004317.001 4000000 4000000 500.00< ND
427.22Factory Unsp 716.57 3439.741042.0086 1336832 745000 132.27< 175.29<
637.55Food ProcessingUnsp 637.55 3931.003931.001 2506200 2506200 ND ND
82.26Ind Dev Site 398.35 11561.141675.5028 951019 572000 81.25< 107.22<
805.70Warehouse Unspec 1135.76 2058.871138.0054 1552241 1056511 107.81< 136.77<
53.85Works Depot 53.85 286000.00286000.001 15400000 15400000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
18.47Utilities Vac Land 18.47 37900.0037900.001 700000 700000 ND 312.50<Primary Production (SM)($/SM) (SM) ($/SM)
19.56DomsticLivestockGraz 19.83 312835.00312835.002 6120142 6120142 408.01< 21.63<
10.61MixedFarm&GrazUnsp 6.19 420903.67387411.003 4466666 2400000 126.32< 193.16<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA6 417250 385500 94.60< 119.72<
1869.85Detached Home (New) 1869.85 262.00262.001 489900 489900 72.58< 110.61<
1054.24Detached Home Unsp 1567.31 530.26520.002930 557052 540000 96.43< 125.58<
1171.97Detached Home(exist) 1514.29 418.67350.003 490666 530000 69.28< 134.86<
NAIndividual Car Park NA NANA3 300000 300000 90.91< ND
NAOYO Sub Dwelling NA NANA3 430833 385000 ND ND
629.87Res Dev Site 629.87 539.00539.002 986536 986536 279.89< 96.40<
61.44Res/Rural Lstyle 153.40 27855.6810430.0053 1711356 1250000 92.49< 119.79<
NARetire Village Unit NA NANA5 337400 335000 95.71< 117.54<
2419.64Semi-detached 2419.64 224.00224.001 542000 542000 ND 180.07<
1530.81Semi-detached Unspec 2639.44 284.00165.0021 432500 430000 98.57< 124.64<
NASingle Strata Unit NA NANA6 484583 480000 123.08< ND
NASingle Strata Unsp NA NANA283 412991 395000 95.87< 113.18<
NAStrata Dwelling NA NANA2 166250 166250 ND ND
NAStrata Unit/Flat Uns NA NANA130 417678 415000 97.19< 117.26<
NATownhouse NA NANA12 426958 416000 90.57< 122.35<
706.01Vac Res A 876.78 442.99422.001102 314158 306000 95.63< 136.00<
664.45Vac Res B 1073.88 2632.002328.003 1748844 2066532 525.84< 366.56<
69.10Vac Res Englobo Oth 69.10 101300.00101300.001 7000000 7000000 89.74< 137.97<
82.00Vac Res Rural Lstyle 155.00 31989.0822000.0013 2623000 1650000 235.71< 266.13<
NAVilla Unit NA NANA3 391666 395000 ND ND
Municipality totals Infrastruc&Utilities Total Prices 1 $700,000 Infrastruc&Utilities Total
Commercial Total Prices 73 $89,754,561 Commercial Total
Community Services Total Prices 2 $11,730,000 Community Services Total
Industrial Total Prices 171 $247,323,361 Industrial Total
Residential Total Prices 4,583 $2,316,070,096 Residential Total
Primary Production Total Prices 5 $25,640,284 Primary Production Total
All Sales Total 4,835 All Sales Total $2,691,218,302
A Guide to Property Values 2019 | Page 182
Residential price statistics 1989 to 2020
Indigo Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
86,189 178 75,000 72,560 129 20,000 24,007 1989 15 76,500
84,443 106 85,000 95,452 68 25,000 29,181 1990 17 80,000
89,269 140 65,625 70,458 66 27,000 27,691 1991 18 82,000
85,222 116 71,500 62,668 47 25,000 27,435 1992 11 82,650
88,058 ^ 130 78,000 82,357 59 24,000 30,449 1993 7 ^ 85,000
96,893 131 95,000 89,090 63 23,500 26,258 1994 11 88,000
99,639 ^ 126 92,500 95,416 56 26,950 31,254 1995 6 ^ 95,000
96,427 128 70,000 64,966 43 28,000 50,073 1996 15 86,250
92,104 109 93,500 137,175 49 29,000 38,564 1997 10 86,000
99,322 ^ 135 92,000 89,022 50 28,750 44,573 1998 9 ^ 88,000
94,710 ^ 135 71,500 76,333 34 30,000 37,766 1999 6 ^ 90,000
104,663 183 73,000 72,825 41 27,000 34,319 2000 10 97,000
113,730 202 94,500 93,281 73 29,000 39,459 2001 16 106,500
137,025 230 90,000 98,320 75 40,000 39,284 2002 25 127,000
161,135 206 90,000 99,318 104 40,000 45,981 2003 11 155,000
186,106 170 167,500 158,535 71 60,000 69,592 2004 14 174,000
218,584 170 190,000 181,266 74 72,000 74,515 2005 15 215,000
233,610 157 159,950 158,185 51 75,000 80,681 2006 21 218,000
235,215 160 201,250 193,333 53 87,500 103,528 2007 12 217,250
236,774 109 174,000 207,852 44 90,000 90,957 2008 17 225,000
227,732 127 202,500 207,281 60 83,000 93,799 2009 22 215,000
262,855 156 159,000 154,625 57 77,000 87,979 2010 12 246,250
265,473 141 222,500 231,785 47 83,000 100,220 2011 14 245,000
268,186 147 196,250 208,428 45 80,000 93,822 2012 14 260,000
269,874 171 210,000 217,142 66 99,500 105,061 2013 21 260,000
260,304 166 195,000 190,933 44 105,000 105,314 2014 15 251,000
287,155 170 180,000 190,789 79 95,000 110,960 2015 19 270,000
310,036 165 232,000 243,033 52 101,000 111,053 2016 15 290,000
339,236 166 265,000 241,142 87 119,000 121,218 2017 14 322,500
351,557 193 202,150 224,353 82 130,000 144,301 2018 26 320,000
375,061 179 255,500 271,275 64 143,750 167,531 2019 20 365,000
469,032 ^ 23 160,499 160,499 12 133,000 128,416 2020 2 ^ 450,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 183
Indigo Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
314.40Health Clinic Unsp 314.40 400.00400.001 125762 125762 ND ND
482.88Hotel/Motel Unsp 482.88 1957.001957.001 945000 945000 90.00< ND
70.04Motel 78.05 10102.0010102.002 707500 707500 ND ND
411.20Retail Sgle Occ Unsp 361.09 704.88596.508 289845 233500 69.70< 101.52<
NAServ Apt/Unit Unsp NA NANA1 1276000 1276000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
57.50Factory Unsp 57.50 4000.004000.001 230000 230000 ND 155.93<
32.62Ind Dev Site 21.71 7196.203500.005 234720 76000 116.92< NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.37Cattle Feed Lot 1.37 1194000.001194000.001 1640000 1640000 ND ND
1.48DomsticLivestockGraz 3.85 407250.47418200.0015 601199 500000 114.94< 97.09<
1.59GenCrop >20ha Unspec 0.69 969637.31477300.0013 1545127 672500 192.14< 151.12<
1.40Livestock – Beef 0.77 589847.75499366.0020 822956 675000 225.00< 127.36<
1.74Livestock – Dairy 1.74 400000.00400000.001 695000 695000 0.11< 215.84<
10.77Livestock – Sheep 10.77 146984.00146984.001 1582880 1582880 ND 329.77<
4.47MixedFarm + infrast 4.47 201300.00201300.001 900000 900000 ND ND
3.76MixedFarm no infrast 3.76 202638.00202638.001 762087 762087 ND ND
2.71MixedFarm&GrazUnsp 2.70 281400.00262500.005 763000 740000 140.45< 123.33<
2.92Vineyard 4.04 240966.67238900.003 703333 930000 620.00< 186.00<Residential (SM)($/SM) (SM) ($/SM)
319.61Detached Home Unsp 525.00 1164.121000.00178 375477 365000 114.06< 125.00<
103.79Detached Home(exist) 103.79 2900.002900.001 301000 301000 105.61< 103.79<
9.15Res/Rural Lstyle 25.77 62419.4021300.0082 571353 530000 92.01< 117.58<
NASingle Strata Unsp NA NANA14 254321 247500 122.43< 118.56<
NAStrata Unit/Flat Uns NA NANA5 254000 275000 132.53< 83.33<
147.34Vac Res A 99.00 991.621000.0062 167855 141250 111.22< 139.85<
63.28Vac Res B 64.77 2489.002489.002 157500 157500 106.78< 131.25<
2.29Vac Res Rural Lstyle 5.68 103784.0031372.0048 237689 237500 121.79< 113.10<
NAVilla Unit NA NANA1 595000 595000 ND ND
Municipality totals Commercial Total Prices 13 $6,080,524 Commercial Total
Industrial Total Prices 6 $1,403,600 Industrial Total
Primary Production Total Prices 61 $57,068,735 Primary Production Total
Residential Total Prices 393 $141,543,605 Residential Total
All Sales Total 473 All Sales Total $206,096,464
A Guide to Property Values 2019 | Page 184
Residential price statistics 1989 to 2020
Kingston City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
158,596 1,593 111,000 135,662 560 72,000 86,901 1989 1,007 140,000
147,465 1,351 110,000 124,273 294 60,000 76,619 1990 860 135,000
141,883 1,433 101,000 111,299 385 52,500 63,108 1991 848 127,500
138,004 1,501 102,000 110,846 464 54,000 63,721 1992 825 127,500
140,222 1,621 100,000 114,438 362 58,500 74,532 1993 902 128,500
145,548 1,780 100,500 114,892 388 65,000 77,086 1994 1,055 133,000
142,951 1,617 105,000 115,931 341 64,000 74,535 1995 947 130,000
145,546 1,766 100,000 114,038 354 63,000 73,976 1996 1,106 131,100
163,673 2,397 106,000 119,569 468 70,000 78,581 1997 1,615 146,000
182,998 2,174 122,500 133,751 370 86,000 105,281 1998 1,468 164,000
215,720 2,131 142,500 159,108 323 106,000 119,274 1999 1,504 191,000
242,457 1,990 160,000 179,016 324 125,000 122,888 2000 1,402 220,000
280,466 2,556 190,750 215,196 556 147,000 148,623 2001 1,772 255,000
338,489 2,407 234,000 258,966 169 162,500 162,067 2002 1,472 305,000
386,350 2,167 252,500 279,773 227 220,000 218,627 2003 1,481 352,000
387,856 1,785 258,000 296,831 132 220,000 221,864 2004 1,229 357,000
410,339 2,026 267,500 289,969 75 244,000 240,252 2005 1,423 367,500
448,061 1,849 280,000 311,905 113 252,500 252,287 2006 1,498 400,000
511,362 2,369 333,000 364,625 293 258,000 235,307 2007 2,097 465,000
537,513 1,614 348,250 373,875 97 243,500 255,147 2008 1,380 500,000
559,327 1,860 380,000 402,022 77 267,800 286,558 2009 1,761 520,000
654,193 1,781 443,000 478,306 60 362,500 380,712 2010 1,528 620,000
630,558 1,566 423,500 453,487 49 410,000 366,909 2011 1,379 590,000
614,618 1,455 420,000 437,967 113 319,003 332,351 2012 1,434 580,000
660,719 1,714 447,500 474,566 101 350,000 351,954 2013 1,546 619,000
737,771 1,863 470,000 497,541 61 350,000 426,008 2014 1,938 685,000
834,413 1,937 491,710 535,251 32 395,000 399,109 2015 2,079 770,000
937,508 1,853 532,500 570,221 44 486,000 552,222 2016 1,925 862,000
1,069,523 1,729 598,000 648,532 35 600,000 706,200 2017 1,965 975,000
1,052,639 1,414 611,000 647,204 12 506,750 582,291 2018 1,419 950,000
1,007,214 1,501 606,240 637,133 38 607,500 687,528 2019 1,286 925,500
1,048,004 185 650,000 706,805 0 0 0 2020 * 191 * 975,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 185
Kingston City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2376.27Convenience/FastFood 2376.27 2360.002360.001 5608000 5608000 ND ND
1477.77Fuel Outlet/Garage 1477.77 1597.001597.001 2360000 2360000 ND 41.86<
1038.37Health Clinic Unsp 2777.78 1985.80594.005 2062000 1350000 192.86< 219.07<
705.53Mixed Use Unspec 1451.23 2929.56415.0022 2522998 845982 94.00< 94.00<
662.18Office Premises Uns 1938.25 1870.67332.0015 929266 505000 83.97< 112.11<
4791.74Retail Mult Occ Unsp 5223.27 1368.50936.005 6249000 2335000 359.23< 303.25<
824.01Retail Sgle Occ Unsp 638.45 2603.10697.0048 1847517 1029000 137.20< 143.92<
NAServ Apt/Unit Unsp NA NANA5 733000 720000 ND 173.49<
66.43Serviced Apartments 114.27 8394.007236.007 497642 448000 ND ND
6283.66Vehicle Sales Centre 6283.66 557.00557.002 3500000 3500000 36.25< 193.66<Community Services (SM)($/SM) (SM) ($/SM)
706.89Place of Worship 706.89 8403.008403.001 5940000 5940000 ND ND
2140.61Private Hospital 2140.61 4765.004765.001 10200000 10200000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
3558.82Factory Unit 3560.81 110.50110.502 393250 393250 106.72< 86.10<
796.80Factory Unsp 1206.27 1534.94383.00117 1026064 595000 88.18< 123.96<
839.79Food ProcessingUnsp 839.79 2840.002840.001 2385000 2385000 ND ND
465.27Ind Dev Site 697.75 9494.002617.006 4052735 2027933 171.26< 208.31<
888.86Major Ind Complex 888.86 23232.0023232.001 20650000 20650000 ND ND
520.83OpenStorageUnspec 742.95 9864.009864.002 5137500 5137500 ND ND
734.33Warehouse Unspec 1634.38 2615.62413.0076 1750109 657750 93.89< 103.58<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
350.93Closed Roads 403.76 61.5061.502 21582 21582 241.14< 172.52<
4047.62Main Highways 4047.62 168.00168.001 680000 680000 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
54.55MarketGardenVeg <20h 54.55 30250.0030250.001 1650000 1650000 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA12 929291 716500 123.53< 141.32<
NAConjoined StrataUnit NA NANA3 539000 570000 ND ND
1545.45Detached Home (New) 1545.45 550.00550.001 850000 850000 91.89< 57.63<
1811.76Detached Home Unsp 2076.92 559.38572.001468 1005453 927000 97.58< 106.67<
2732.99Detached Home(exist) 2732.99 2307.002307.001 6305000 6305000 793.08< 770.31<
NAHalf Pair or Duplex NA NANA1 622000 622000 ND 49.66<
NAIndividual Car Park NA NANA17 241470 80000 800.00< ND
NAOYO Sub Dwelling NA NANA5 803000 798000 ND ND
NAOYO Sub Unit NA NANA1 683000 683000 77.35< ND
1854.60Res Dev Site 1854.60 674.00674.001 1250000 1250000 ND 13.61<
1617.20Res Land (WithBuild) 1553.10 697.50729.504 1128000 1120000 ND 101.82<
100.61Res/Rural Lstyle 90.80 19480.5019480.503 1446666 420000 13.77< 64.12<
NARetire Village Unit NA NANA7 592714 575000 103.14< 135.29<
3358.93Semi-detached Unspec 4034.88 311.68298.0031 924795 840000 70.29< 105.86<
NASingle Strata Unit NA NANA15 629098 615000 80.39< 88.17<
NASingle Strata Unsp NA NANA759 648335 616500 101.90< 112.09<
NAStrata Dwelling NA NANA1 465000 465000 ND ND
NAStrata Unit/Flat Uns NA NANA457 600111 572500 90.87< 116.84<
NATownhouse NA NANA23 855500 800000 ND 148.15<
1431.11Vac Res A 1127.82 492.51532.0038 687528 607500 119.88< 125.00<
39.69Vac Res Rural Lstyle 6.96 14614.6721542.003 580000 290000 48.33< 4.54<
NAVilla Unit NA NANA2 600000 600000 ND ND
Municipality totals Community Services Total Prices 2 $16,140,000 Community Services Total
Industrial Total Prices 205 $311,470,813 Industrial Total
Residential Total Prices 2,853 $2,373,255,334 Residential Total
Primary Production Total Prices 1 $1,650,000 Primary Production Total
Commercial Total Prices 111 $221,797,297 Commercial Total
Infrastruc&Utilities Total Prices 3 $723,164 Infrastruc&Utilities Total
All Sales Total 3,175 All Sales Total $2,925,036,608
A Guide to Property Values 2019 | Page 186
Residential price statistics 1989 to 2020
Knox City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
141,385 2,161 113,000 156,783 794 65,000 72,442 1989 509 128,000
140,156 1,954 118,000 141,825 620 62,500 71,626 1990 413 129,975
134,700 2,010 106,000 127,151 711 58,000 61,881 1991 279 123,500
132,584 2,027 100,000 113,562 715 58,900 62,392 1992 331 121,000
129,704 2,132 100,000 134,327 1,084 60,000 64,273 1993 344 121,000
132,535 2,182 99,500 119,551 903 64,950 70,574 1994 366 123,000
130,768 2,159 101,500 115,486 739 67,000 69,305 1995 314 120,000
127,374 2,149 100,000 111,430 672 67,000 71,245 1996 438 117,500
137,062 2,579 108,500 124,188 1,257 68,000 74,755 1997 609 125,000
147,497 2,458 115,000 131,126 1,028 72,000 78,443 1998 597 135,000
165,193 2,578 128,000 131,438 945 85,000 90,015 1999 689 150,000
182,006 2,634 140,000 150,698 520 98,000 99,747 2000 671 165,000
210,534 2,973 170,000 174,915 622 118,000 121,573 2001 844 193,500
251,675 2,860 199,500 210,351 249 158,000 152,210 2002 830 235,000
294,496 2,560 220,000 226,424 313 185,000 185,895 2003 739 272,000
307,599 2,240 240,000 240,594 156 215,500 204,968 2004 582 282,750
316,633 2,309 253,000 262,039 217 215,000 207,402 2005 767 300,000
338,346 2,148 262,000 269,575 145 215,000 213,563 2006 813 312,500
383,552 2,362 285,000 290,914 133 249,000 238,087 2007 1,048 360,000
405,606 1,975 315,000 325,203 40 254,600 233,623 2008 787 382,000
443,233 2,083 347,750 350,101 39 241,000 236,331 2009 954 417,500
516,506 1,929 381,500 392,243 58 357,500 318,123 2010 757 491,500
503,047 1,825 375,000 385,836 51 390,000 372,225 2011 698 480,000
500,263 1,687 375,000 384,350 98 397,500 367,852 2012 811 476,000
535,036 2,021 390,000 397,088 127 410,000 398,546 2013 995 510,000
599,958 2,161 420,000 424,629 139 435,000 414,256 2014 995 574,000
702,367 2,369 458,000 468,901 236 487,500 492,102 2015 1,175 670,000
749,893 2,024 499,000 511,663 64 419,750 415,793 2016 1,019 720,000
866,654 2,084 565,000 563,532 40 535,000 521,543 2017 1,097 825,000
850,025 1,638 595,000 591,709 48 562,500 597,091 2018 762 804,500
804,760 1,574 575,000 570,129 39 525,000 549,192 2019 759 762,250
831,306 239 600,000 586,471 6 602,500 584,166 2020 ^ 113 ^ 795,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 187
Knox City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
684.00Dev Site 1143.00 13925.381005.008 9524908 1245135 ND 304.29<
1882.66Fuel Outlet/Garage 1882.66 2693.002693.001 5070000 5070000 253.50< ND
1271.19Health Clinic Unsp 1271.19 649.00649.003 795000 825000 68.58< 88.71<
1056.00Health Surgery 1056.00 375.00375.001 396000 396000 ND 38.63<
1246.15Live Ent-Major Multi 1246.15 6500.006500.001 8100000 8100000 ND ND
1650.02Mixed Use Unspec 3117.51 866.57217.009 2022666 1210000 291.57< 8.58<
1072.96Office Premises Uns 2047.91 3045.301297.0013 2580392 720500 167.56< 304.65<
2078.65Pub/Tavern/Club Unsp 2078.65 178.00178.001 370000 370000 12.79< 37.95<
2525.72Retail Mult Occ Unsp 10432.95 13560.5013560.502 34250000 34250000 2314.19< 1642.69<
534.96Retail Sgle Occ Unsp 1958.63 2382.15332.0039 1004217 643500 116.47< 104.63<
2796.85Retail Store/Showrm 2796.85 1398.001398.001 3910000 3910000 ND 664.40<
NAServ Apt/Unit Unsp NA NANA2 445000 445000 168.88< 121.66<
18125.00Shop 18125.00 64.0064.001 1160000 1160000 ND ND
747.35Veterinary Clinic 747.35 1037.001037.001 775000 775000 ND 19.38<Industrial (SM)($/SM) (SM) ($/SM)
884.09Factory Unsp 2699.98 1426.12288.5075 1081402 570000 105.07< 125.14<
1490.32Food ProcessingUnsp 1490.32 310.00310.001 462000 462000 ND ND
667.12Warehouse Unspec 1231.39 5773.61988.5031 2844361 948000 118.46< 123.19<
980.10Warehouse/Office 980.10 10050.0010050.001 9850000 9850000 1421.36< 182.41<Residential (SM)($/SM) (SM) ($/SM)
1796.79Age Care/Nursing Uns 1796.79 6289.006289.001 11300000 11300000 ND ND
NACojoin Strata Unsp NA NANA1 600000 600000 100.84< 111.11<
1053.58Detached Home Unsp 961.54 768.78728.001555 806515 765000 95.03< 106.25<
754.60Detached Home(exist) 884.39 1376.00865.003 1038333 765000 ND 113.00<
NAHalf Pair or Duplex NA NANA1 400000 400000 ND ND
NAIndividual Car Park NA NANA2 398000 398000 1990.00< ND
NAOYO Sub Dwelling NA NANA1 460000 460000 ND ND
562.98Res Dev Site 562.98 7105.007105.002 2522500 2522500 ND 376.49<
1775.96Res Land (WithBuild) 1775.96 732.00732.001 1300000 1300000 79.22< 148.83<
166.79Res/Rural Lstyle 319.70 11213.174968.507 1774500 1800000 107.46< 98.90<
NARetire Village Unit NA NANA12 433666 395000 87.78< 91.86<
1198.95Semi-detached Unspec 3823.53 501.27170.0016 590375 590000 77.45< 100.85<
NASingle Strata Unit NA NANA9 628222 628000 ND 87.22<
NASingle Strata Unsp NA NANA494 571624 566000 97.59< 110.33<
NAStrata Dwelling NA NANA1 695000 695000 ND 38.29<
NAStrata Unit/Flat Uns NA NANA232 568733 583000 95.57< 126.74<
NATownhouse NA NANA6 684916 690000 104.39< 140.53<
725.97Vac Res A 1222.57 734.92638.0038 529486 521944 92.79< 125.47<
431.95Vac Res B 431.95 3005.003005.001 1298000 1298000 ND 306.49<
45.66Vac Res Rural Lstyle 59.97 28656.6720010.003 1308333 1250000 110.62< 104.17<
NAVilla Unit NA NANA2 638500 638500 ND NDSport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
6890.07IndoorSportCent Unsp 6890.07 302.00302.002 2080800 2080800 20.81< ND
Municipality totals Commercial Total Prices 83 $258,668,870 Commercial Total
Industrial Total Prices 108 $179,592,375 Industrial Total
Sport/Hrtge/Cultural Total Prices 2 $4,161,600 Sport/Hrtge/Cultural Total
Residential Total Prices 2,388 $1,755,626,864 Residential Total
All Sales Total 2,581 All Sales Total $2,198,049,709
A Guide to Property Values 2019 | Page 188
Residential price statistics 1989 to 2020
Latrobe City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
66,586 1,114 51,500 68,705 334 21,000 26,348 1989 219 57,000
67,460 1,087 55,625 89,672 209 19,000 22,821 1990 188 60,000
68,725 994 55,000 65,747 195 20,700 24,066 1991 148 62,500
70,102 1,189 63,000 77,842 319 22,000 27,735 1992 156 63,000
70,896 1,187 62,000 71,186 268 26,000 31,900 1993 157 65,000
73,514 1,263 62,500 69,578 232 27,500 28,670 1994 180 65,000
72,168 1,017 67,250 68,989 168 27,000 31,968 1995 110 64,000
70,060 905 62,500 78,357 147 28,000 31,383 1996 119 63,000
69,499 1,020 55,000 64,631 203 29,000 33,034 1997 145 60,000
72,681 1,001 68,000 70,413 196 30,750 32,473 1998 162 63,000
73,506 987 47,500 58,308 276 32,000 34,188 1999 163 65,000
75,157 1,447 67,750 71,311 242 33,000 32,932 2000 214 63,000
81,773 1,635 60,000 73,484 334 36,250 40,418 2001 280 68,000
96,581 1,807 73,000 88,204 584 40,500 40,349 2002 327 80,000
126,517 1,715 95,000 110,901 694 53,000 52,562 2003 248 111,500
147,296 1,450 115,000 126,431 563 65,000 62,952 2004 234 131,000
158,101 1,451 137,000 164,262 481 75,000 74,442 2005 234 145,000
170,362 1,424 140,000 166,097 494 82,000 81,643 2006 221 152,000
181,937 1,711 143,500 163,703 524 88,000 91,149 2007 261 160,000
185,430 1,327 143,000 159,683 353 95,000 96,806 2008 213 165,000
197,552 1,581 156,250 182,029 517 102,950 100,799 2009 276 176,500
220,788 1,295 157,500 194,254 386 110,000 110,266 2010 231 195,000
229,528 1,124 165,000 185,237 237 127,000 127,745 2011 207 209,000
225,149 1,122 175,000 206,778 197 135,000 134,774 2012 179 208,000
231,037 1,150 170,000 195,669 271 129,500 131,187 2013 185 210,000
234,557 1,123 189,000 205,814 257 135,000 133,425 2014 182 215,000
233,638 1,208 181,000 189,372 211 135,350 139,348 2015 209 214,500
234,366 1,228 172,000 199,558 172 135,000 137,907 2016 167 210,000
245,084 1,379 165,000 182,616 157 135,000 136,668 2017 174 225,000
257,934 1,631 170,500 192,899 292 134,000 134,480 2018 236 230,000
272,557 1,393 191,250 210,576 246 135,000 135,026 2019 172 255,000
270,029 303 185,000 185,441 43 142,000 153,651 2020 43 250,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 189
Latrobe City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
210.18Dev Site 171.72 4440.673494.004 748750 630000 215.90< ND
246.73Fuel Outlet/Garage 246.73 10700.0010700.002 4270000 4270000 181.70< ND
4953.70Health Clinic Unsp 5110.40 162.00162.002 802500 802500 364.77< 120.68<
452.63Health Surgery 452.63 950.00950.001 430000 430000 ND 320.90<
1298.25Hotel/Motel Unsp 1298.25 1425.001425.001 1850000 1850000 154.17< 415.73<
233.00Mixed Use Unspec 410.69 1300.20365.5011 281772 130000 45.06< ND
2382.61Office Premises Uns 2935.40 2297.831075.0010 3480050 495750 116.78< 139.65<
457.36Pub/Tavern/Club Unsp 2233.56 2779.002779.002 1271000 1271000 338.93< 176.22<
2631.93Retail Mult Occ Unsp 2236.12 748.50748.503 8346666 3380000 598.23< 1040.00<
1266.17Retail Sgle Occ Unsp 659.90 369.92197.0015 582666 400000 140.35< 73.06<Industrial (SM)($/SM) (SM) ($/SM)
212.62Factory Unsp 433.33 3033.711800.0022 622756 282500 60.75< 81.12<
45.43Ind Dev Site 89.82 4723.401503.005 214600 230000 130.68< 122.67<
64.23Ind Land Building $0 64.23 3036.003036.001 195000 195000 ND 108.33<
236.35Warehouse Unspec 101.08 3184.602220.007 639771 484000 161.06< 113.55<Primary Production (SM)($/SM) (SM) ($/SM)
1.90DomsticLivestockGraz 1.79 246540.13258942.008 468750 471500 134.71< 280.65<
2.68GenCrop >20ha Unspec 2.68 93275.0093275.001 250000 250000 ND ND
1.38Livestock – Beef 1.58 872040.00514000.009 1206788 1148300 172.03< ND
1.54MixedFarm + infrast 1.54 202300.00202300.001 311000 311000 34.56< 64.12<
1.30MixedFarm&GrazUnsp 1.38 368752.40342962.005 481000 500000 92.17< 94.25<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 827500 827500 ND 450.34<
351.18Detached Home Unsp 276.20 776.68706.001390 272810 255000 110.87< 123.79<
251.84Detached Home(exist) 251.84 814.00814.001 205000 205000 43.16< 85.77<
NARes Co Sh Unit Unsp NA NANA1 369000 369000 ND ND
62.05Res Dev Site 62.05 6124.006124.001 380000 380000 271.43< ND
11.21Res/Rural Lstyle 32.92 46613.1520200.00137 522737 519000 110.43< 127.83<
204.51Semi-detached Unspec 204.51 621.00621.002 131000 131000 42.95< 72.18<
NASingle Strata Unit NA NANA8 242625 218250 ND ND
NASingle Strata Unsp NA NANA126 197584 190000 108.57< 107.80<
NAStrata Unit/Flat Uns NA NANA33 210803 225000 141.96< 135.00<
NATownhouse NA NANA2 201000 201000 ND 141.55<
198.02Vac Res A 218.13 690.47651.00241 134863 135000 101.12< 101.89<
51.46Vac Res B 79.89 2777.002879.005 142900 130000 84.14< 73.45<
11.89Vac Res Rural Lstyle 4.68 29949.0820300.0039 356153 215000 98.94< 120.11<
Municipality totals Primary Production Total Prices 24 $17,577,100 Primary Production Total
Industrial Total Prices 35 $19,447,049 Industrial Total
Commercial Total Prices 51 $89,642,000 Commercial Total
Residential Total Prices 1,988 $534,993,800 Residential Total
All Sales Total 2,098 All Sales Total $661,659,949
A Guide to Property Values 2019 | Page 190
Residential price statistics 1989 to 2020
Loddon Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
44,368 * 83 0 0 45 12,900 21,286 1989 0 * 40,000
47,065 * 62 0 0 40 7,500 11,705 1990 0 * 43,500
54,654 * 54 0 0 21 10,000 22,767 1991 0 * 48,500
53,261 * 65 0 0 34 14,750 22,684 1992 0 * 50,000
56,866 ^ 51 16,500 16,500 39 8,500 13,119 1993 2 ^ 53,500
51,285 ^ 104 60,000 61,083 45 15,000 19,811 1994 3 ^ 45,000
70,805 ^ 69 11,000 11,000 43 16,000 41,404 1995 1 ^ 52,000
64,785 ^ 67 47,000 47,000 44 24,000 56,425 1996 1 ^ 50,000
66,417 ^ 57 50,000 50,000 36 18,750 41,969 1997 1 ^ 43,000
61,101 * 63 0 0 31 21,000 36,689 1998 0 * 45,000
63,986 ^ 82 70,000 70,000 36 11,750 18,554 1999 1 ^ 52,750
61,187 ^ 88 70,000 66,666 28 16,500 21,872 2000 3 ^ 50,000
57,706 ^ 84 65,000 65,000 61 23,000 26,105 2001 1 ^ 50,000
63,405 ^ 98 81,500 85,750 65 23,000 28,535 2002 4 ^ 55,000
79,641 ^ 97 96,250 92,625 39 25,000 34,780 2003 4 ^ 71,000
89,683 ^ 86 87,500 87,500 53 19,000 25,978 2004 1 ^ 76,500
103,422 ^ 85 59,000 59,000 54 19,650 65,359 2005 2 ^ 99,000
130,322 ^ 72 110,000 103,333 37 15,000 29,705 2006 3 ^ 115,000
116,410 ^ 78 125,000 125,000 24 37,475 50,508 2007 1 ^ 112,500
111,464 ^ 77 85,000 81,333 39 36,000 45,153 2008 3 ^ 100,000
110,733 ^ 46 130,000 133,333 26 23,750 33,763 2009 3 ^ 110,000
155,275 ^ 60 122,000 127,250 32 48,000 54,046 2010 4 ^ 142,000
133,788 ^ 90 103,000 103,000 16 35,000 38,387 2011 2 ^ 130,000
142,325 * 67 0 0 29 30,000 35,569 2012 0 * 120,000
153,679 ^ 71 116,000 116,000 30 35,000 69,641 2013 1 ^ 149,000
142,633 ^ 71 140,000 140,000 28 35,375 46,203 2014 2 ^ 140,000
155,088 * 51 0 0 25 22,000 32,716 2015 0 * 130,000
166,444 ^ 80 150,000 150,000 16 30,800 52,846 2016 1 ^ 157,500
194,778 ^ 78 227,500 227,500 24 29,000 32,208 2017 2 ^ 174,500
165,597 ^ 83 211,250 211,250 30 37,250 59,040 2018 2 ^ 160,000
169,476 ^ 85 200,000 200,000 24 32,750 48,835 2019 1 ^ 160,000
199,650 ^ 20 120,000 120,000 10 71,000 95,850 2020 1 ^ 136,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 191
Loddon Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
111.30Retail Sgle Occ Unsp 152.45 1186.001186.002 132000 132000 ND 330.00<
NAServ Apt/Unit Unsp NA NANA1 380000 380000 ND ND
NAShop NA NANA1 125000 125000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
41.04Place of Worship 41.04 4047.004047.001 166100 166100 415.25< NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.58DomsticLivestockGraz 0.85 608524.90276110.5020 350493 185897 70.15< 24.25<
0.37GenCrop >20ha Unspec 0.17 815353.09726522.0022 298280 240441 84.37< 61.18<
0.56Livestock – Beef 2.14 544690.75230131.504 302587 216175 41.57< ND
1.86Livestock – Dairy 1.44 805835.00805835.002 1495000 1495000 365.75< 538.74<
0.40Livestock – Sheep 1.45 296719.00296719.003 338569 188000 42.73< 72.31<
0.45MixedFarm&GrazUnsp 4.26 987821.93355174.0016 529939 365000 121.67< 122.86<Residential (SM)($/SM) (SM) ($/SM)
135.42Detached Home Unsp 193.42 1262.721034.0083 170066 160000 97.56< 98.46<
254.07Detached Home(exist) 254.07 1043.001043.001 265000 265000 205.83< 202.06<
1.43Res/Rural Lstyle 5.76 175068.6355300.0040 249881 252000 126.00< 139.23<
11.96Semi-detached Unspec 11.96 2091.002091.001 25000 25000 20.83< ND
NASingle Strata Unsp NA NANA1 200000 200000 66.67< 133.33<
40.41Vac Res A 15.56 858.421012.0015 50403 30000 80.54< 90.09<
16.15Vac Res B 10.50 2861.333000.009 46222 35000 73.68< 129.63<
1.48Vac Res Rural Lstyle 1.60 65473.5067114.0039 93616 80000 128.00< 136.75<
Municipality totals Commercial Total Prices 4 $769,000 Commercial Total
Community Services Total Prices 1 $166,100 Community Services Total
Residential Total Prices 189 $29,423,872 Residential Total
Primary Production Total Prices 67 $27,267,140 Primary Production Total
All Sales Total 261 All Sales Total $57,626,112
A Guide to Property Values 2019 | Page 192
Residential price statistics 1989 to 2020
Macedon Ranges Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
131,588 418 89,000 90,475 506 34,000 37,442 1989 37 105,950
117,472 341 98,500 98,135 338 34,000 40,088 1990 28 107,000
110,127 293 91,000 92,303 161 37,000 39,274 1991 32 102,000
110,855 297 90,000 132,973 159 41,000 45,265 1992 19 95,000
116,109 309 82,700 83,817 161 38,000 44,116 1993 28 105,000
111,800 327 81,750 111,046 226 39,000 44,807 1994 16 98,000
141,502 322 68,250 92,337 207 47,500 49,553 1995 24 101,000
114,470 386 88,500 97,678 155 45,500 49,360 1996 28 100,000
123,809 443 80,000 82,978 201 44,000 60,421 1997 23 105,000
133,683 448 82,000 125,409 192 46,000 52,928 1998 33 112,500
131,539 520 94,000 106,125 187 43,950 48,769 1999 36 115,500
147,931 543 114,500 137,065 165 49,000 51,408 2000 42 130,000
170,183 567 127,000 138,246 273 50,000 56,907 2001 53 155,000
205,929 594 145,000 154,500 404 64,000 61,022 2002 52 185,000
230,897 559 186,000 205,650 381 78,000 88,038 2003 58 221,000
251,752 516 207,500 216,160 207 90,000 100,298 2004 52 240,000
288,039 511 238,500 238,863 173 105,000 113,677 2005 82 260,200
299,161 509 239,000 221,712 189 116,000 126,556 2006 69 275,000
316,880 617 257,250 251,409 290 127,500 134,874 2007 90 285,000
321,159 507 240,000 241,005 276 135,000 144,092 2008 72 295,000
335,293 642 261,500 260,366 340 140,000 138,400 2009 132 315,000
403,240 531 310,000 313,208 342 175,000 164,778 2010 89 372,000
445,650 501 300,000 318,702 238 207,500 196,631 2011 91 405,000
441,787 445 295,000 309,403 221 215,000 206,511 2012 89 410,000
462,272 529 343,500 363,238 221 215,000 212,589 2013 98 425,000
470,485 540 346,500 359,369 206 215,000 205,960 2014 100 445,000
503,654 609 358,000 369,783 230 215,750 218,287 2015 111 465,000
523,654 552 386,500 390,991 300 234,000 233,000 2016 120 480,000
569,309 647 410,000 433,798 426 236,750 247,261 2017 143 538,000
664,677 574 425,000 439,324 177 300,000 315,742 2018 93 606,500
692,457 470 487,500 489,356 124 335,000 354,090 2019 92 650,000
688,529 92 468,750 508,406 24 325,500 342,208 2020 16 650,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 193
Macedon Ranges Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NABottle Shop/Licensed NA NANA1 650000 650000 ND ND
294.61Fuel Outlet/Garage 294.61 2376.002376.001 700000 700000 ND ND
1145.48Health Clinic Unsp 2537.98 598.00598.002 685000 685000 ND 91.33<
1083.12Mixed Use Unspec 1416.02 784.00512.004 955625 958750 140.68< ND
458.20Office Premises Uns 299.66 1818.002074.005 637300 530000 116.48< ND
519.03Retail Mult Occ Unsp 519.03 2023.002023.001 1050000 1050000 ND 15.97<
282.55Retail Sgle Occ Unsp 282.55 4017.004017.003 561666 275000 70.06< 51.89<
5116.44Shopping Centre Unsp 5116.44 4466.004466.001 22850000 22850000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
12.97Factory Unsp 257.43 61480.5061480.504 656700 555450 100.99< 134.65<
6.94Food ProcessingUnsp 6.94 86400.0086400.001 600000 600000 ND 226.42<
126.52Ind Dev Site 185.86 4532.001695.006 573378 316061 92.01< 47.89<
153.91Warehouse Unspec 145.03 6278.006278.002 966250 966250 206.91< 214.72<Primary Production (SM)($/SM) (SM) ($/SM)
2.76Cattle Feed Lot 2.76 170000.00170000.001 470000 470000 42.73< ND
3.64DomsticLivestockGraz 3.91 326932.82230000.0014 1141857 1147500 154.03< 273.21<
2.84GenCrop >20ha Unspec 2.59 215196.33161900.003 611666 420000 26.25< ND
6.25Horse Unspecified 1.60 396855.75438711.504 2478750 998431 83.20< 52.00<
10.17Livestock – Beef 12.73 188549.00110000.003 1916666 1600000 149.88< ND
1.04Livestock – Sheep 1.13 714600.00714600.002 742500 742500 58.40< 781.58<
5.52MixedFarm + infrast 5.52 430000.00430000.001 2375000 2375000 14.39< ND
2.48MixedFarm&GrazUnsp 1.80 477070.20415675.0015 1181586 975000 86.67< 142.34<
3.11Vineyard 3.24 546650.00546650.002 1700000 1700000 89.47< 115.29<Residential (SM)($/SM) (SM) ($/SM)
NADetached Home (New) NA NANA1 840000 840000 ND 238.30<
613.81Detached Home Unsp 870.85 1130.85957.00465 692523 650000 106.91< 135.42<
350.52Detached Home(exist) 416.33 1978.002498.003 693333 640000 106.67< 150.59<
24.50MisImpRuralLand Unsp 24.50 30000.0030000.001 735000 735000 94.84< 282.69<
20.94Res/Rural Lstyle 50.00 48720.6920000.00208 1022877 926250 106.77< 130.46<
NARetire Village Unit NA NANA1 430000 430000 ND ND
1639.10Semi-detached Unspec 1639.10 312.00312.001 511400 511400 ND ND
NASingle Strata Unit NA NANA2 437500 437500 ND ND
NASingle Strata Unsp NA NANA66 480106 487500 122.80< 125.64<
NAStrata Unit/Flat Uns NA NANA22 507218 502500 111.67< 130.52<
946.97Sub Div (EnGlobo) 946.97 264.00264.001 250000 250000 ND 9.26<
NATownhouse NA NANA1 870000 870000 ND 293.67<
416.24Vac Res A 330.94 861.74865.00113 348297 320000 108.47< 138.53<
174.66Vac Res B 162.76 2368.002135.0011 413600 399000 117.01< 153.46<
40.06Vac Res Englobo Oth 43.85 80612.0053853.006 3229166 2930000 146.50< 125.35<
10.02Vac Res Rural Lstyle 16.67 45314.2230000.0041 454132 450000 109.76< 161.70<
Municipality totals Residential Total Prices 943 $666,121,071 Residential Total
Industrial Total Prices 13 $8,599,573 Industrial Total
Primary Production Total Prices 45 $58,939,790 Primary Production Total
Commercial Total Prices 18 $35,314,000 Commercial Total
All Sales Total 1,019 All Sales Total $768,974,434
A Guide to Property Values 2019 | Page 194
Residential price statistics 1989 to 2020
Manningham City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
234,575 1,393 146,900 173,811 185 140,000 166,204 1989 251 196,000
213,625 1,217 136,000 155,205 103 120,000 133,946 1990 293 182,500
202,591 1,192 130,000 146,976 186 110,000 112,577 1991 397 175,000
197,704 1,248 142,900 155,125 252 105,000 99,846 1992 322 175,000
193,972 1,316 144,000 152,503 195 115,100 115,845 1993 328 172,000
199,393 1,461 143,500 163,955 256 126,000 127,108 1994 420 175,000
190,732 1,241 145,639 155,848 270 125,000 117,892 1995 329 170,000
192,722 1,351 140,000 159,431 286 115,000 112,932 1996 353 173,000
210,985 1,648 152,875 167,238 394 130,000 126,259 1997 502 186,500
234,617 1,582 159,000 177,443 283 150,000 158,981 1998 540 210,000
275,937 1,636 200,000 215,503 190 180,000 174,618 1999 636 249,475
297,305 1,603 206,937 232,255 52 130,500 130,749 2000 582 267,500
347,932 1,699 257,000 269,340 57 154,000 156,149 2001 683 324,000
394,417 1,548 309,000 315,116 36 125,450 140,380 2002 791 365,000
458,437 1,307 345,000 351,836 22 191,500 183,404 2003 602 415,000
459,806 1,267 330,000 340,927 31 343,800 306,551 2004 491 421,000
473,446 1,253 360,000 365,951 7 110,000 121,666 2005 ^ 511 ^ 432,000
517,617 1,333 362,500 388,575 12 285,000 308,725 2006 583 470,000
599,072 1,485 429,500 446,909 28 365,000 366,148 2007 726 580,000
639,531 1,082 440,000 474,974 16 590,000 570,909 2008 561 600,000
690,728 1,299 481,000 495,886 22 355,000 347,852 2009 755 650,000
803,833 1,176 530,250 553,676 54 432,500 516,011 2010 600 750,000
795,608 1,023 527,000 544,196 27 440,000 496,370 2011 503 735,000
756,127 1,005 524,500 550,132 24 432,500 446,905 2012 655 706,000
849,634 1,340 575,000 585,494 56 391,250 425,738 2013 789 795,000
984,243 1,501 564,000 579,850 38 542,500 579,181 2014 1,209 900,000
1,182,115 1,808 620,000 659,526 188 785,000 804,401 2015 1,244 1,110,000
1,252,900 1,407 613,000 668,996 55 900,000 967,430 2016 1,027 1,195,000
1,401,289 1,333 650,000 728,319 53 950,000 926,680 2017 1,178 1,340,000
1,309,776 1,048 631,500 691,162 43 965,000 946,502 2018 735 1,240,000
1,235,327 1,175 710,500 760,456 40 958,750 906,010 2019 793 1,190,000
1,294,244 95 680,000 734,213 6 941,500 924,000 2020 ^ 107 ^ 1,250,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 195
Manningham City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
4093.70Mixed Use Unspec 4787.23 190.33188.003 779166 737500 32.95< ND
6793.33Office Premises Uns 14345.99 225.00237.006 3695416 1218500 218.57< 181.19<
532.91Pub/Tavern/Club Unsp 532.91 3654.003654.002 1947250 1947250 ND 61.33<
NARetail Mult Occ Unsp NA NANA1 2600000 2600000 285.71< 331.21<
3916.88Retail Sgle Occ Unsp 9696.26 382.60214.007 1250100 1260000 126.00< 157.50<
NAServ Apt/Unit Unsp NA NANA3 982000 595000 53.75< 111.21<
437.97Serviced Apartments 380.75 1864.671891.005 772900 720000 108.22< NDPrimary Production (SM)($/SM) (SM) ($/SM)
7.67MixedFarm&GrazUnsp 7.67 206000.00206000.001 1580000 1580000 28.62< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA8 1021875 947500 98.11< 110.43<
1520.16Detached Home Unsp 1276.88 818.71705.001163 1239745 1197000 96.53< 99.75<
4583.33Detached Home(exist) 4583.33 168.00168.001 770000 770000 28.52< 73.33<
NAIndividual Car Park NA NANA6 440500 507500 ND ND
NAOYO Strata Flat NA NANA1 675000 675000 ND ND
758.03Res Dev Site 1809.21 1785.331064.003 1353333 1135000 89.37< 60.45<
211.29Res/Rural Lstyle 365.17 8615.934221.50123 1811796 1800000 95.24< 108.43<
NARetire Village Unit NA NANA14 567776 594500 93.62< 141.55<
514.60Semi-detached Unspec 4494.00 1078.501078.5011 810590 700000 58.00< 65.50<
NASingle Strata Unit NA NANA4 820250 762500 ND 61.89<
NASingle Strata Unsp NA NANA417 818523 750000 107.14< 108.23<
NAStrata Dwelling NA NANA2 623000 623000 108.35< ND
NAStrata Unit/Flat Uns NA NANA328 679076 623000 104.79< 110.27<
NATownhouse NA NANA18 935916 899000 95.79< 106.08<
1727.12Vac Res A 2712.08 533.35389.0040 906010 958750 100.72< 106.53<
482.13Vac Res Englobo Oth 482.13 2448.002448.001 1180250 1180250 19.35< ND
147.68Vac Res Rural Lstyle 538.12 9354.074460.0015 1381380 1380000 99.28< 120.63<
NAVilla Unit NA NANA1 808000 808000 ND ND
Municipality totals Primary Production Total Prices 1 $1,580,000 Primary Production Total
Commercial Total Prices 27 $46,565,700 Commercial Total
Residential Total Prices 2,156 $2,342,247,175 Residential Total
All Sales Total 2,184 All Sales Total $2,390,392,875
A Guide to Property Values 2019 | Page 196
Residential price statistics 1989 to 2020
Mansfield Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
90,368 99 81,750 111,285 133 26,400 31,315 1989 14 84,000
82,810 72 74,750 75,535 80 25,925 31,851 1990 14 80,000
91,270 75 62,000 85,957 37 26,000 27,831 1991 19 79,500
83,196 96 48,225 51,939 73 23,000 28,326 1992 14 75,750
97,457 86 65,000 80,259 86 27,200 32,637 1993 21 87,750
99,880 84 79,000 83,309 75 25,000 31,785 1994 21 87,250
95,069 93 77,500 91,509 51 27,000 36,576 1995 16 85,000
88,218 96 79,250 81,580 51 30,000 55,047 1996 10 85,000
95,655 121 88,500 96,236 47 31,000 44,201 1997 19 87,000
105,075 100 84,000 84,676 38 28,850 36,659 1998 17 94,000
100,467 99 59,500 62,678 33 26,000 29,553 1999 14 87,500
108,500 111 79,500 73,387 37 30,500 36,118 2000 20 98,000
112,454 160 72,500 80,285 59 32,000 42,738 2001 21 107,500
128,369 153 99,000 117,023 118 34,800 38,008 2002 21 124,000
153,417 178 143,500 138,843 202 36,000 41,882 2003 40 149,500
178,139 153 150,000 154,259 110 55,000 52,756 2004 36 170,000
203,502 136 207,500 184,250 86 68,000 68,834 2005 26 189,000
220,908 113 245,000 221,632 62 80,000 76,993 2006 31 207,000
231,302 141 243,000 219,528 58 82,500 82,590 2007 26 227,500
217,800 83 230,000 213,282 46 94,250 88,085 2008 39 200,000
226,755 123 240,000 218,783 49 100,000 100,641 2009 37 215,000
248,467 165 238,500 252,460 65 115,000 111,344 2010 30 238,000
270,055 131 234,000 224,097 92 89,500 104,813 2011 36 264,500
275,276 147 295,750 274,450 48 92,500 113,281 2012 25 280,000
321,750 120 246,500 284,108 38 127,500 117,932 2013 22 300,000
303,662 130 284,250 268,011 43 130,000 119,732 2014 32 295,500
313,480 135 275,000 273,346 70 154,950 149,095 2015 27 305,000
331,226 145 195,000 240,232 70 164,975 149,001 2016 28 320,000
353,401 174 247,500 271,636 82 155,500 151,800 2017 22 339,750
391,384 151 300,000 316,446 108 165,000 166,798 2018 29 380,000
427,974 126 324,000 310,793 94 169,475 168,347 2019 22 416,000
409,180 ^ 21 376,000 386,964 14 170,000 194,960 2020 5 ^ 377,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 197
Mansfield Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NAOffice Premises Uns NA NANA1 208000 208000 ND ND
62.89Pub/Tavern/Club Unsp 128.91 8149.008149.002 512500 512500 ND 51.25<
2109.38Retail Sgle Occ Unsp 2109.38 128.00128.004 410375 412750 161.86< ND
4.51Serv Apt/Unit Unsp 4.51 199400.00199400.001 900000 900000 ND 107.14<Primary Production (SM)($/SM) (SM) ($/SM)
1.20DomsticLivestockGraz 0.74 664606.64548100.0011 795545 785000 144.04< 118.94<
1.10Livestock – Beef 1.50 860850.00533600.005 945000 800000 224.27< 61.54<
1.45Livestock – Dairy 1.45 1033335.001033335.001 1500000 1500000 ND ND
2.24Livestock – Sheep 0.79 651781.83459250.006 1457500 795000 159.00< 187.06<
5.44MixedFarm + infrast 5.44 386231.00386231.001 2100000 2100000 350.00< ND
1.12MixedFarm no infrast 1.18 280050.00280050.002 315000 315000 ND ND
1.94MixedFarm&GrazUnsp 2.93 520035.26408970.0020 1007690 857500 135.79< 166.50<
NAPlant/Tree Nursery NA NANA1 285000 285000 23.75< ND
2.25Vineyard 2.25 386058.00386058.002 1060000 1060000 ND NDResidential (SM)($/SM) (SM) ($/SM)
304.39Detached Home Unsp 527.43 1395.17948.00122 430474 418500 109.41< 126.82<
260.60Detached Home(exist) 285.31 1349.751230.004 351750 393500 112.43< 129.02<
12.53Res/Rural Lstyle 16.33 47937.1640700.0064 600820 562500 102.74< 108.17<
NASingle Strata Unsp NA NANA17 316144 333000 111.00< 105.71<
NAStrata Unit/Flat Uns NA NANA5 292600 245000 76.56< 141.62<
174.14Vac Res A 184.38 836.31800.0074 165165 165450 104.72< 114.10<
73.62Vac Res B 90.54 2446.552291.0020 180122 186500 107.83< 100.81<
7.37Vac Res Rural Lstyle 8.42 47874.7938100.0024 352714 280000 115.23< 128.44<
Municipality totals Residential Total Prices 330 $123,504,645 Residential Total
Primary Production Total Prices 49 $49,009,800 Primary Production Total
Commercial Total Prices 8 $3,774,500 Commercial Total
All Sales Total 387 All Sales Total $176,288,945
A Guide to Property Values 2019 | Page 198
Residential price statistics 1989 to 2020
Maribyrnong City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
106,730 862 71,250 82,178 15 70,000 94,040 1989 418 98,400
109,912 693 73,000 89,347 15 52,000 55,500 1990 372 99,000
100,591 771 70,375 86,812 18 44,250 80,672 1991 288 94,500
94,672 813 66,000 80,852 23 50,000 54,922 1992 223 90,000
97,910 928 65,000 93,478 56 16,222 27,404 1993 294 90,000
101,121 975 77,000 130,587 74 52,892 56,984 1994 366 95,000
107,101 969 69,000 85,921 75 55,350 55,967 1995 248 100,000
109,221 1,089 63,000 78,415 75 57,750 54,244 1996 351 105,000
134,259 1,440 69,750 92,283 241 70,500 75,612 1997 508 125,000
151,848 1,282 78,000 108,463 267 75,000 90,701 1998 566 143,750
187,547 1,331 112,500 145,341 390 93,200 102,478 1999 670 171,000
203,264 1,328 136,250 168,597 129 90,000 103,955 2000 616 190,000
248,869 1,653 180,000 203,773 123 117,000 136,057 2001 888 238,000
297,091 1,458 230,000 256,818 173 159,000 150,335 2002 811 280,000
326,141 1,259 230,000 244,715 167 169,000 191,487 2003 652 315,000
332,513 1,081 268,500 276,422 87 195,000 215,882 2004 623 317,000
350,548 1,181 233,904 259,965 222 190,000 201,860 2005 664 327,000
375,260 1,205 237,000 267,728 109 180,000 199,473 2006 705 350,000
451,956 1,570 315,000 323,193 90 272,500 265,286 2007 1,149 430,000
487,018 1,073 320,000 338,485 48 246,250 274,777 2008 829 460,000
529,186 1,184 375,000 391,030 157 160,000 207,136 2009 1,363 500,000
623,936 1,034 410,000 431,147 27 169,000 220,375 2010 1,186 605,000
605,862 969 400,000 418,450 14 232,250 257,850 2011 886 570,100
595,651 927 410,000 418,761 38 292,600 335,421 2012 1,033 566,300
631,911 1,105 402,000 415,395 90 275,786 278,587 2013 1,088 601,000
700,668 1,139 430,000 438,953 78 282,311 282,402 2014 1,206 670,000
761,229 1,041 465,800 469,250 42 295,898 300,939 2015 1,445 725,000
871,169 997 465,000 478,498 35 400,000 497,130 2016 1,304 822,000
964,919 985 490,000 506,960 23 650,000 654,595 2017 1,263 905,000
985,223 725 465,000 497,909 7 780,000 965,000 2018 ^ 884 ^ 930,000
931,537 747 493,000 516,540 13 535,000 580,230 2019 823 875,000
1,338,976 117 480,750 511,626 1 970,000 970,000 2020 ^ 150 ^ 883,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 199
Maribyrnong City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
111.79Adv Sign Bridge Fix 111.79 246.00246.001 27500 27500 ND ND
763.50Dev Site 890.69 4934.504934.502 3767500 3767500 150.70< 1088.87<
380.95Fuel Outlet/Garage 380.95 525.00525.001 200000 200000 ND 11.36<
582.50Live Ent-Major Multi 582.50 11940.0011940.001 6955000 6955000 ND ND
10165.66LowRise Office Build 10165.66 3257.003257.001 33109548 33109548 601.99< ND
597.55Mixed Use Unspec 5709.53 2785.75765.005 1470300 1125000 201.11< 208.24<
1053.78Multi Use FuelOutlet 1053.78 1376.001376.001 1450000 1450000 ND ND
141.14Office Premises Uns 68.65 4286.676329.007 905000 670000 89.33< 106.87<
6092.52Pub/Tavern/Club Unsp 5875.71 253.00253.002 1541406 1541406 64.23< ND
644.22Retail Mult Occ Unsp 1378.10 2042.002042.002 1315500 1315500 115.95< 139.95<
1154.77Retail Sgle Occ Unsp 2761.68 857.40298.5013 920230 915000 88.83< 136.26<
NAServ Apt/Unit Unsp NA NANA1 420000 420000 73.46< ND
335.92Serviced Apartments 335.92 1161.001161.009 441000 410000 ND 91.67<
4884.31Shop 4884.31 255.00255.001 1245500 1245500 ND 150.06<
NAShopping Centre Unsp NA NANA1 25500000 25500000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
3207.96Halls&Service Rooms 3207.96 226.00226.001 725000 725000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
920.72Factory Unit 920.72 782.00782.001 720000 720000 ND 22.50<
556.83Factory Unsp 892.26 4749.50506.5014 2314371 642500 84.26< 143.78<
3738.32Food ProcessingUnsp 3738.32 428.00428.001 1600000 1600000 ND ND
602.57Garage/Motor Vehicle 602.57 3651.003651.001 2200000 2200000 ND ND
1196.81Ind Dev Site 5441.17 3409.503409.502 4080536 4080536 857.71< 285.35<
564.31Warehouse Unspec 716.91 5711.382802.0018 2932381 1782250 300.04< 412.08<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA8 665250 612500 83.16< 99.59<
2641.36Detached Home Unsp 2520.00 355.29325.00732 935491 885000 95.16< 106.63<
NAIndividual Car Park NA NANA12 304530 325000 ND ND
NARes Co Sh Unit HR NA NANA1 565000 565000 ND ND
2208.33Res Dev Site 2466.18 1200.001200.002 2650000 2650000 65.43< 253.95<
NARes Investment Flat NA NANA3 733333 470000 32.98< 35.34<
NARes/Rural Lstyle NA NANA4 639250 626000 118.79< 113.82<
3882.71Semi-detached Unspec 4738.41 194.55151.0015 738600 725000 90.63< 120.33<
NASingle Strata Unit NA NANA3 644000 585000 ND ND
NASingle Strata Unsp NA NANA383 530966 525000 116.67< 119.32<
NAStrata Dwelling NA NANA1 500000 500000 101.88< ND
NAStrata Unit/Flat Uns NA NANA411 492345 450000 93.14< 94.74<
NATownhouse NA NANA13 683076 675000 96.43< 122.01<
1863.51Vac Res A 1147.15 391.60363.5013 580230 535000 68.59< 133.75<
Municipality totals Industrial Total Prices 37 $97,865,131 Industrial Total
Commercial Total Prices 48 $111,774,861 Commercial Total
Community Services Total Prices 1 $725,000 Community Services Total
Residential Total Prices 1,601 $1,140,026,025 Residential Total
All Sales Total 1,687 All Sales Total $1,350,391,017
A Guide to Property Values 2019 | Page 200
Residential price statistics 1989 to 2020
Maroondah City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
148,934 1,428 116,000 148,013 343 71,400 83,141 1989 545 131,250
143,077 1,279 110,000 128,726 376 60,000 69,290 1990 612 126,000
133,258 1,319 101,000 107,699 503 54,500 58,214 1991 529 120,000
132,802 1,397 99,250 113,726 397 58,000 60,883 1992 536 121,343
130,544 1,371 99,250 109,919 388 65,000 64,121 1993 566 120,000
131,646 1,456 100,000 108,089 454 64,000 74,053 1994 673 121,000
128,548 1,298 95,000 107,388 332 62,250 67,807 1995 496 118,425
130,676 1,391 95,000 103,798 344 63,000 65,485 1996 669 119,000
138,663 1,769 100,000 110,215 445 70,500 78,260 1997 841 127,500
151,297 1,637 117,000 127,920 371 72,950 78,408 1998 813 138,000
171,416 1,625 125,000 131,122 323 88,000 95,936 1999 891 155,000
191,638 1,715 137,500 147,494 233 95,000 97,767 2000 1,063 175,000
224,617 1,930 159,950 170,032 244 102,697 107,219 2001 1,097 203,500
267,870 1,764 195,000 205,999 128 135,750 142,436 2002 1,013 249,725
301,246 1,605 228,000 230,657 86 154,500 146,200 2003 1,052 282,050
321,985 1,443 235,000 243,128 81 198,000 200,951 2004 897 300,000
331,422 1,574 245,000 254,996 28 146,428 172,409 2005 947 313,000
352,190 1,370 252,050 261,594 67 220,000 222,332 2006 940 330,000
402,219 1,614 280,000 294,532 62 246,250 244,758 2007 1,171 375,250
427,430 1,335 303,000 322,945 80 239,000 258,870 2008 946 400,000
456,693 1,558 339,975 356,122 141 279,000 266,289 2009 1,138 431,000
539,165 1,400 381,000 406,110 100 320,000 300,286 2010 918 520,000
517,445 1,244 380,888 402,836 126 293,250 298,652 2011 821 490,000
517,057 1,275 372,000 394,100 117 275,000 284,438 2012 929 490,000
552,657 1,459 398,000 408,769 189 250,000 274,471 2013 1,068 532,000
624,010 1,526 430,000 444,449 116 320,500 340,096 2014 1,174 600,500
725,398 1,633 470,000 491,755 75 409,000 424,871 2015 1,267 695,000
791,574 1,446 506,000 537,772 38 369,500 436,839 2016 1,163 750,000
917,694 1,339 573,500 607,971 49 590,000 605,773 2017 1,230 860,000
900,249 1,212 591,000 605,799 37 480,000 579,283 2018 808 850,000
820,537 1,187 580,000 597,198 55 400,000 503,521 2019 916 789,000
847,594 140 600,000 613,871 3 770,500 681,000 2020 ^ 148 ^ 827,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 201
Maroondah City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1086.47Fuel Outlet/Garage 1086.47 5412.005412.001 5880000 5880000 92.40< ND
19315.79Licensed Restaurant 19315.79 380.00380.001 7340000 7340000 ND ND
537.77Mixed Use Unspec 1953.41 3477.86279.007 1870302 570000 9.81< ND
199.85Office Premises Uns 74.55 2311.673393.008 635430 501250 87.63< 86.80<
3449.06Pub/Tavern/Club Unsp 3567.56 1094.501094.502 3775000 3775000 395.29< ND
3479.90Retail Mult Occ Unsp 3479.90 402.00402.002 951960 951960 112.00< 94.72<
1471.63Retail Sgle Occ Unsp 1809.48 633.33269.0016 930028 656700 76.36< 74.63<Community Services (SM)($/SM) (SM) ($/SM)
4737.12Private Hospital 4737.12 6922.006922.001 32790357 32790357 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
390.54Factory Unsp 1746.03 2514.041008.0038 814125 615000 121.60< 137.43<
478.62Ind Dev Site 475.86 5286.005286.002 2530000 2530000 180.39< 261.36<
1053.80Warehouse Unspec 2708.48 778.38254.0014 913928 558250 97.60< 74.43<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 751000 751000 ND 111.61<
NAConjoined StrataUnit NA NANA1 770000 770000 ND ND
1030.23Detached Home Unsp 881.19 800.46787.501177 820198 790000 92.94< 105.33<
869.51Detached Home(exist) 1479.34 1184.80484.005 1030200 716000 89.50< 100.14<
NAIndividual Car Park NA NANA3 452040 460000 ND ND
NAOYO Sub Dwelling NA NANA1 642888 642888 ND ND
NAOYO Sub Unit NA NANA3 729000 696000 ND ND
NAOYO Unit NA NANA1 475000 475000 ND ND
1317.26Res Dev Site 1287.48 492.50493.004 648750 648750 125.79< 42.07<
188.14Res/Rural Lstyle 138.53 9412.107705.0010 1770823 1459115 115.94< 91.19<
NARetire Village Unit NA NANA24 529500 539000 98.90< 115.91<
584.79Semi-detached Unspec 933.57 1332.671144.005 690600 645000 111.68< 108.22<
NASingle Strata Unit NA NANA15 653686 620000 122.29< 95.02<
NASingle Strata Unsp NA NANA564 594856 590000 101.72< 112.70<
NAStrata Unit/Flat Uns NA NANA292 599504 534000 86.42< 112.75<
NATownhouse NA NANA13 663469 650000 68.30< 140.54<
883.77Vac Res A 789.22 560.68391.5051 496700 400000 84.12< 108.40<
210.80Vac Res B 314.00 2801.252754.004 590500 550000 57.29< 133.55<
NAVilla Unit NA NANA1 515000 515000 ND ND
Municipality totals Industrial Total Prices 54 $48,791,750 Industrial Total
Commercial Total Prices 37 $55,729,935 Commercial Total
Residential Total Prices 2,175 $1,570,364,675 Residential Total
Community Services Total Prices 1 $32,790,357 Community Services Total
All Sales Total 2,267 All Sales Total $1,707,676,717
A Guide to Property Values 2019 | Page 202
Residential price statistics 1989 to 2020
Melbourne City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
276,137 369 165,000 326,040 8 90,000 203,250 1989 ^ 443 ^ 170,000
239,670 310 147,000 245,082 6 81,250 86,900 1990 ^ 467 ^ 173,375
208,326 387 149,000 217,562 7 87,000 93,071 1991 ^ 365 ^ 157,000
202,498 411 177,000 201,056 13 85,000 134,320 1992 1,003 150,000
205,415 416 183,000 209,363 25 67,000 155,386 1993 1,765 147,500
232,751 448 188,000 225,434 37 82,000 127,599 1994 1,787 170,500
228,711 429 204,000 233,405 38 70,250 81,781 1995 1,371 163,000
207,030 547 205,000 242,509 104 52,000 68,570 1996 1,670 160,000
250,474 685 190,000 232,147 170 53,000 69,560 1997 2,422 197,000
284,417 520 200,000 243,719 158 59,000 74,144 1998 3,010 224,250
341,436 553 231,000 287,236 131 75,000 109,498 1999 4,769 271,000
394,731 537 281,412 354,423 76 82,000 114,576 2000 4,051 300,000
430,541 631 323,000 376,118 58 100,000 135,802 2001 6,027 341,500
528,286 554 345,000 405,765 19 96,000 115,013 2002 5,467 400,000
573,695 508 340,000 397,675 1 84,000 84,000 2003 ^ 3,860 ^ 435,000
656,109 422 319,000 372,009 6 176,187 185,812 2004 ^ 3,322 ^ 470,000
646,406 477 322,000 393,417 4 280,000 286,500 2005 ^ 3,728 ^ 460,000
762,290 469 353,000 442,731 14 260,000 264,121 2006 4,189 532,000
927,351 571 391,062 521,027 5 354,000 294,800 2007 ^ 6,098 ^ 650,000
873,948 341 410,000 483,685 1 307,500 307,500 2008 ^ 5,099 ^ 615,000
904,350 383 430,000 498,862 2 150,760 150,760 2009 ^ 5,807 ^ 660,000
1,041,778 322 496,000 571,894 7 347,000 676,785 2010 ^ 7,704 ^ 802,500
1,051,846 380 500,000 568,065 5 330,000 524,800 2011 ^ 6,437 ^ 750,000
1,013,449 344 497,000 557,996 6 445,250 585,333 2012 ^ 5,651 ^ 739,000
1,111,837 423 516,000 592,401 9 320,000 367,944 2013 ^ 7,717 ^ 815,000
1,271,121 383 526,000 582,518 1 515,000 515,000 2014 ^ 11,234 ^ 915,000
1,297,907 402 568,000 643,612 2 565,500 565,500 2015 ^ 9,973 ^ 956,000
1,654,392 377 575,000 713,070 4 956,500 846,750 2016 ^ 6,273 ^ 1,169,000
1,896,335 328 538,000 649,964 7 900,000 963,571 2017 ^ 5,283 ^ 1,370,000
1,831,286 301 542,500 651,003 6 488,750 784,879 2018 ^ 3,948 ^ 1,270,000
1,509,545 264 530,000 646,277 0 0 0 2019 * 2,974 * 1,260,000
1,482,787 33 484,000 589,842 0 0 0 2020 * 533 * 1,302,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 203
Melbourne City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2019.04Dev Site 3.54 1890.802231.5015 2650266 200000 0.52< 3.64<
NAHealth Surgery NA NANA1 800000 800000 41.03< ND
198437.50Hotel/Motel Unsp 198437.50 64.0064.005 30544000 480000 ND 3.64<
NAIndiv CarPark Unspe NA NANA18 53922 42000 97.67< 76.36<
36310.95LowRise Office Build 31411.09 543.50543.502 19735000 19735000 251.94< 156.43<
NAMixed Use Office NA NANA1 520000 520000 36.62< 27.26<
6839.67Mixed Use Unspec 35615.91 1062.96752.5040 6244475 1853750 123.38< 249.66<
74135.09Multi-Lvl Offic Unsp 74135.09 607.00607.002 22501800 22501800 18.44< 83.34<
NAMulti-storey CarPark NA NANA2 51487500 51487500 59.11< 171.63<
NAOffice H/R 50+ Lvls NA NANA1 99000000 99000000 89.11< 92.52<
7610.66Office Premises Uns 13663.08 1668.31671.00160 6729227 423900 81.52< 85.60<
2180.04Pub/Tavern/Club Unsp 3456.52 1777.00460.0014 3718642 1850000 29.37< 69.81<
1003.98Res Hotel 1003.98 503.00503.002 552500 552500 0.84< ND
NARes Hotel/Motel Apar NA NANA1 254000 254000 ND ND
5150.97Retail Mult Occ Unsp 5822.55 937.54541.0023 3607990 4000000 89.21< 213.56<
848.19Retail Sgle Occ Unsp 403.23 2339.751023.0057 5296169 1200000 54.55< 90.91<
NARetail Store/Showrm NA NANA1 4500000 4500000 236.84< 276.92<
NAServ Apt/Unit Unsp NA NANA51 626884 585000 166.43< 216.27<
293.28Serviced Apartments 173.07 2024.832500.0059 691376 618000 20.93< 121.18<
7022.90Shop 7022.90 655.00655.002 3073375 3073375 353.26< 700.09<
11555.92Shop & Dwelling 11555.92 304.00304.001 3513000 3513000 49.13< ND
NAStrata/Subdiv Office NA NANA1 165000 165000 ND 11.78<Industrial (SM)($/SM) (SM) ($/SM)
5553.34Factory Unsp 5057.80 418.67346.003 2325000 1925000 41.85< 72.64<
931.81Food ProcessingUnsp 931.81 59025.0059025.001 55000000 55000000 ND 1279.07<
NAInd Dev Site NA NANA1 940000 940000 23.31< 74.16<
0.71Warehouse Store 0.71 8668.008668.001 6150 6150 ND ND
141.38Warehouse Unspec 4338.94 16262.50591.506 4807833 2145500 63.95< 68.24<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 862500 862500 79.82< 102.68<
6802.58Detached Home Unsp 11086.96 232.56184.00230 1549397 1277625 100.60< 110.90<
8588.24Detached Home(exist) 8658.20 174.25110.504 1496500 924500 ND 94.24<
NAIndividual Car Park NA NANA332 360061 100000 181.82< 181.82<
NAIndividual Flat NA NANA1 260000 260000 ND 305.88<
NAOYO Co Share Unit NA NANA1 525000 525000 35.59< ND
NAOYO Sub Unit NA NANA2 491250 491250 34.96< 84.26<
3460.09Res Dev Site 3351.68 4131.504131.503 9661903 8000000 46.81< 701.29<
NARes Investment Flat NA NANA1 5370000 5370000 204.57< 167.29<
NARes/Rural Lstyle NA NANA3 869333 574000 12.07< ND
NARetire Village Unit NA NANA2 612500 612500 ND 139.20<
7166.67Semi-detached 7166.67 120.00120.001 860000 860000 ND ND
4632.48Semi-detached Unspec 9434.45 276.14139.5029 1217673 960000 79.80< 64.43<
NASingle Strata Unit NA NANA4 940000 915000 ND 105.54<
NASingle Strata Unsp NA NANA646 650420 525000 101.94< 96.33<
14.55Storage Area Res 14.55 1237.001237.0015 18007 10000 102.99< 83.33<
NAStrata Dwelling NA NANA4 863125 782750 ND ND
NAStrata Unit/Flat Uns NA NANA2305 641460 530000 93.56< 90.24<
NATownhouse NA NANA7 892857 835000 50.30< 190.86<
Municipality totals Commercial Total Prices 459 $2,333,041,143 Commercial Total
Residential Total Prices 3,592 $2,472,213,672 Residential Total
Industrial Total Prices 12 $91,768,150 Industrial Total
All Sales Total 4,063 All Sales Total $4,897,022,965
A Guide to Property Values 2019 | Page 204
Residential price statistics 1989 to 2020
Melton City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
94,734 292 75,000 78,207 532 33,100 35,483 1989 41 91,500
103,449 476 88,000 92,322 385 36,000 39,783 1990 68 97,500
98,611 439 77,750 78,244 298 35,000 39,589 1991 46 93,000
95,378 462 76,000 83,609 464 38,000 40,650 1992 41 90,000
97,057 564 72,000 99,416 516 48,975 50,448 1993 39 88,000
97,295 571 79,000 79,507 571 48,000 48,658 1994 41 87,500
93,536 528 68,000 74,872 461 46,700 48,746 1995 53 86,000
96,853 574 69,250 72,686 430 51,000 55,573 1996 50 84,625
101,581 674 70,000 69,714 643 51,000 53,326 1997 73 88,000
101,601 752 78,000 95,558 985 55,000 58,383 1998 64 92,500
127,249 864 80,000 91,277 1,913 59,500 63,138 1999 77 117,250
145,159 1,042 89,500 106,893 1,608 64,000 64,177 2000 82 125,000
159,788 1,468 92,000 105,489 2,905 72,000 75,680 2001 153 141,000
189,416 1,477 121,500 144,545 2,755 89,000 91,443 2002 176 176,000
220,313 1,574 183,000 185,002 3,025 112,000 111,514 2003 191 210,000
243,832 1,481 225,000 201,051 2,061 120,000 122,587 2004 255 240,000
250,869 1,611 190,000 198,717 1,833 123,000 124,973 2005 174 250,000
255,966 1,408 220,000 221,030 1,889 129,000 131,335 2006 165 255,000
270,421 2,183 215,000 224,431 2,841 129,000 130,060 2007 311 263,000
293,233 2,165 230,000 231,203 2,165 131,000 136,485 2008 364 285,000
315,048 2,404 249,000 260,901 2,380 125,000 145,984 2009 442 305,000
353,463 2,173 259,000 290,751 2,462 140,700 163,527 2010 380 336,000
368,331 1,773 270,000 280,354 1,351 185,000 201,572 2011 279 355,000
369,045 1,684 286,000 290,079 1,032 197,000 200,537 2012 307 353,000
378,482 1,813 265,000 273,400 1,410 186,000 194,831 2013 395 360,000
393,509 1,937 305,500 315,770 1,596 155,000 186,308 2014 400 380,000
410,209 2,263 275,000 298,562 2,137 185,100 197,294 2015 379 385,000
433,615 2,442 305,000 352,646 3,809 193,000 201,308 2016 381 400,500
490,348 2,826 353,250 363,318 4,567 223,000 232,331 2017 488 452,000
546,961 2,408 382,000 399,269 2,817 277,000 282,920 2018 283 515,000
533,609 2,140 350,500 375,263 934 275,000 294,510 2019 244 510,000
543,467 412 369,000 572,564 182 275,000 291,498 2020 47 510,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 205
Melton City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
352.91Health Clinic Unsp 494.67 2000.502000.503 730666 780000 6.24< ND
240.71Mixed Use Unspec 34807.34 15568.5015568.502 3747500 3747500 610.34< ND
662.59Office Premises Uns 715.81 5244.331891.007 3081357 720500 175.73< 61.85<
6750.00Pub/Tavern/Club Unsp 6750.00 100.00100.001 675000 675000 150.00< ND
326.81Retail Mult Occ Unsp 1314.59 2519.331138.005 775100 660000 91.35< 151.90<
601.82Retail Sgle Occ Unsp 2054.89 3280.462023.0016 2077002 1331500 208.70< 329.38<Community Services (SM)($/SM) (SM) ($/SM)
1145.96Day Care Centre 1145.96 829.00829.001 950000 950000 ND 146.15<
19.57Vac Com Service Site 19.57 107300.00107300.001 2100000 2100000 ND ND
197.86Vac Edu & Res Site 197.86 35024.0035024.001 6930000 6930000 ND ND
319.00Vac Religious Site 319.00 1000.001000.001 319000 319000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
712.03Factory Unsp 1335.15 1851.24734.0027 924674 334400 74.31< 72.73<
316.65Ind Dev Site 385.96 3677.791318.5028 1116268 466911 52.46< 86.63<
1135.42Office/Factory 1135.42 480.00480.001 545000 545000 ND ND
269.33Warehouse Unspec 1019.34 5803.331241.0030 1522823 893750 169.27< 219.59<Primary Production (SM)($/SM) (SM) ($/SM)
6.65Livestock – Dairy 6.65 385800.00385800.001 2565000 2565000 ND ND
57.65MixedFarm&GrazUnsp 57.65 116400.00116400.001 6710000 6710000 213.02< 353.90<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA4 357500 345000 90.79< 86.25<
NAConjoined StrataUnit NA NANA2 280000 280000 ND ND
852.33Detached Home (New) 1024.05 623.00582.004 494500 498500 137.71< 124.63<
949.16Detached Home Unsp 1006.25 563.16560.002129 533722 511000 98.86< 126.17<
321.21Detached Home(exist) 620.84 2171.502171.502 697500 697500 102.88< 185.01<
NAHalf Pair or Duplex NA NANA1 440000 440000 ND ND
21.31MisImpRuralLand Unsp 21.31 110280.00110280.001 2350000 2350000 ND 193.42<
NAOYO Sub Dwelling NA NANA1 369000 369000 ND ND
57.85Res/Rural Lstyle 105.77 47107.6310400.0021 2549142 1100000 74.26< 115.79<
3237.08Semi-detached Unspec 3149.73 140.25144.504 454000 455000 94.79< 113.75<
NASingle Strata Unit NA NANA6 368000 350500 ND ND
NASingle Strata Unsp NA NANA152 363621 334500 89.32< 119.46<
NAStrata Dwelling NA NANA1 350000 350000 ND ND
NAStrata Unit/Flat Uns NA NANA69 389708 399000 102.31< 118.13<
61.80Sub Div (EnGlobo) 40.54 124800.00120650.004 7712914 4900000 40.94< 55.29<
NATownhouse NA NANA9 498555 495000 147.98< 168.30<
656.26Vac Res A 722.62 434.63420.00934 294510 275000 99.28< 142.49<
29.05Vac Res Englobo Oth 37.00 1180494.75351650.008 34291355 19565000 335.59< 326.08<
37.33Vac Res Rural Lstyle 129.06 38821.1313252.509 1344444 850000 101.19< 158.88<
Municipality totals Community Services Total Prices 4 $10,299,000 Community Services Total
Residential Total Prices 3,361 $1,881,725,440 Residential Total
Industrial Total Prices 86 $102,451,426 Industrial Total
Primary Production Total Prices 2 $9,275,000 Primary Production Total
Commercial Total Prices 34 $69,039,046 Commercial Total
All Sales Total 3,487 All Sales Total $2,072,789,912
A Guide to Property Values 2019 | Page 206
Residential price statistics 1989 to 2020
Mildura Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
87,247 638 78,100 95,585 424 28,000 30,526 1989 128 78,250
82,429 577 72,500 81,550 204 27,500 30,805 1990 141 76,000
81,560 527 72,500 85,234 225 26,800 28,118 1991 127 76,000
84,048 611 69,500 74,191 248 29,000 31,506 1992 122 80,000
86,045 650 70,500 68,407 308 30,900 31,916 1993 159 80,000
92,611 715 70,000 71,893 267 30,780 34,969 1994 191 88,500
90,668 626 75,000 77,656 174 30,750 34,993 1995 138 85,250
90,204 686 75,000 81,308 158 30,000 40,826 1996 122 84,250
96,234 784 69,500 69,471 207 32,600 40,505 1997 192 89,250
103,314 719 70,000 76,771 255 35,750 47,599 1998 155 95,000
114,700 729 82,000 89,085 273 38,000 41,660 1999 169 105,000
118,737 836 89,000 94,891 245 44,000 47,166 2000 201 111,000
133,968 936 102,750 116,342 445 48,500 51,999 2001 192 130,000
156,985 900 115,500 119,571 338 56,000 57,710 2002 202 146,000
167,936 965 140,000 136,463 390 60,000 67,971 2003 189 163,000
186,297 995 140,000 142,194 354 63,000 66,696 2004 216 178,000
200,844 1,006 143,000 148,259 365 75,000 77,552 2005 206 185,000
202,941 869 150,000 153,371 329 81,000 86,279 2006 194 190,000
213,656 892 160,000 160,904 257 78,500 83,549 2007 221 200,000
205,995 792 155,000 164,119 167 79,530 81,310 2008 201 192,000
205,726 910 152,500 158,831 366 74,900 83,763 2009 185 195,000
217,254 766 165,000 177,796 188 81,500 96,732 2010 128 210,000
222,792 709 150,000 164,815 288 80,000 87,133 2011 103 213,000
217,645 730 145,000 164,509 198 83,000 88,055 2012 169 210,000
230,942 869 148,000 162,513 209 87,000 92,132 2013 225 218,600
239,515 930 162,125 179,598 181 87,000 92,448 2014 212 225,000
253,534 968 161,500 187,934 213 95,000 104,274 2015 196 242,025
256,520 992 178,250 192,570 230 96,000 111,394 2016 182 245,000
270,363 923 187,500 193,063 239 108,000 118,320 2017 195 250,000
283,894 935 211,000 223,954 239 129,000 130,069 2018 154 270,000
307,419 894 203,500 209,534 181 129,000 134,016 2019 148 292,000
308,471 195 205,000 225,612 28 129,000 129,801 2020 24 291,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 207
Mildura Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
926.32Com Land (Struct 0) 926.32 475.00475.001 440000 440000 278.48< 221.94<
411.20Dev Site 471.37 2307.252088.004 948750 835000 286.45< 340.82<
521.74Health Clinic Unsp 521.74 575.00575.001 300000 300000 66.67< ND
316.97Hotel/Motel Unsp 316.97 4969.004969.001 1575000 1575000 83.47< ND
725.46Mixed Use Unspec 1193.43 501.75405.005 322000 210000 76.36< 58.25<
1009.20Office Premises Uns 1115.79 652.43475.0011 512454 530000 101.92< 200.00<
1233.18Retail Mult Occ Unsp 1233.18 223.00223.001 275000 275000 100.00< ND
299.89Retail Sgle Occ Unsp 1226.32 1425.73475.0028 411515 263750 105.50< 142.57<
198.54Shop & Dwelling 198.54 277.00277.001 54995 54995 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
62.69Factory Unsp 221.41 13393.603952.005 839640 875000 203.49< 324.98<
70.84Ind Dev Site 13.44 20558.186323.0013 1266096 300000 142.86< 177.51<
55.72OpenStorageUnspec 55.72 4487.004487.001 250000 250000 77.98< ND
244.08Warehouse Unspec 499.02 7062.673066.009 1723888 560000 88.92< 145.45<Primary Production (SM)($/SM) (SM) ($/SM)
0.10DomsticLivestockGraz 0.85 7362960.00207000.004 576250 282500 104.24< 32.70<
0.43GenCrop >20ha Unspec 0.21 1974562.17700000.0026 864597 522102 101.95< 107.65<
0.07MixedFarm&GrazUnsp 0.19 7542750.001942500.004 524375 337500 51.04< 45.60<
0.17Native Bshland 0.17 1090000.001090000.001 180000 180000 240.00< ND
13.95Orchard Plantations 5.64 220866.6773600.003 3081000 415000 44.81< 115.28<
2.52Vineyard 3.68 280063.0565210.0045 697088 410000 134.43< 141.38<Residential (SM)($/SM) (SM) ($/SM)
NAConjoined StrataUnit NA NANA1 167000 167000 ND ND
344.87Detached Home Unsp 587.14 888.87700.00868 306571 290500 107.59< 119.06<
138.67Detached Home(exist) 130.83 2595.153000.0020 359880 377500 139.81< 131.99<
NAOYO Sub Dwelling NA NANA2 295000 295000 ND ND
17.44Res/Rural Lstyle 49.36 25536.898259.5095 444306 410000 111.64< 113.89<
571.02Semi-detached Unspec 1363.64 674.00330.006 255266 200000 64.52< 79.95<
NASingle Strata Unit NA NANA3 210000 180000 ND ND
NASingle Strata Unsp NA NANA91 214139 220000 111.39< 127.54<
NAStrata Dwelling NA NANA1 236000 236000 ND ND
NAStrata Unit/Flat Uns NA NANA45 191300 189000 80.77< 95.70<
NATownhouse NA NANA5 258600 280000 ND 127.85<
197.12Vac Res A 163.08 660.11632.50154 127125 118000 98.33< 123.43<
77.76Vac Res B 64.86 2228.892066.0027 173314 179000 106.87< 125.61<
14.47Vac Res Englobo Oth 14.47 69100.0069100.002 606000 606000 ND 119.03<
11.02Vac Res Rural Lstyle 39.47 26294.4612540.0035 289817 185000 92.50< 153.45<
Municipality totals Industrial Total Prices 28 $36,422,451 Industrial Total
Primary Production Total Prices 83 $67,674,034 Primary Production Total
Residential Total Prices 1,355 $383,665,938 Residential Total
Commercial Total Prices 53 $25,209,418 Commercial Total
All Sales Total 1,519 All Sales Total $512,971,841
A Guide to Property Values 2019 | Page 208
Residential price statistics 1989 to 2020
Mitchell Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
92,674 253 70,000 84,467 371 35,000 35,898 1989 43 84,900
94,782 178 80,000 79,084 213 35,000 36,196 1990 33 90,000
95,264 246 78,250 91,611 110 33,750 37,427 1991 18 90,000
87,423 189 80,000 84,432 105 30,000 37,618 1992 28 85,000
91,504 227 72,000 70,500 129 28,000 32,913 1993 24 85,000
84,201 282 80,000 87,170 114 32,000 36,507 1994 25 81,000
79,645 284 66,000 77,343 122 32,000 39,456 1995 16 72,500
84,571 284 77,250 82,125 69 32,000 51,048 1996 12 78,000
94,882 302 82,000 83,564 93 27,000 40,510 1997 31 84,500
92,541 351 69,000 99,346 145 35,000 41,649 1998 26 85,000
102,040 387 80,000 86,183 236 43,000 48,732 1999 30 94,250
108,781 413 78,500 89,100 172 50,375 53,823 2000 44 108,000
124,898 476 65,806 87,054 375 55,500 58,491 2001 99 120,500
151,153 424 118,000 134,205 424 62,400 66,203 2002 50 145,000
179,460 434 174,000 165,484 454 80,000 84,794 2003 66 175,000
196,136 435 178,000 158,771 292 93,250 97,805 2004 53 192,000
213,474 400 197,000 200,648 166 105,501 105,774 2005 47 212,500
233,138 393 190,000 183,991 182 105,625 111,471 2006 53 230,000
236,962 503 211,000 416,883 216 109,000 110,938 2007 56 230,000
238,560 390 212,000 206,901 263 98,000 103,857 2008 64 240,000
252,809 450 234,500 206,189 663 118,000 117,855 2009 74 252,000
293,489 434 249,000 231,544 718 135,000 137,719 2010 82 289,250
297,729 422 250,000 245,059 467 145,000 145,374 2011 71 295,000
303,484 397 250,000 238,156 392 144,000 144,125 2012 71 300,000
311,318 435 252,000 239,898 331 149,000 149,136 2013 69 308,000
313,228 484 241,002 243,121 326 147,000 149,716 2014 75 310,000
324,232 528 250,000 261,310 445 150,000 154,586 2015 78 317,500
350,029 586 275,000 265,015 677 158,000 165,373 2016 97 338,600
398,824 723 295,000 275,633 1,012 183,000 196,944 2017 105 390,000
448,164 661 320,000 315,297 573 242,000 236,652 2018 74 440,000
458,310 538 330,000 324,633 236 237,000 239,846 2019 71 435,000
439,541 131 362,000 351,576 47 239,000 240,180 2020 13 445,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 209
Mitchell Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
54.19Dev Site 54.19 4486.004486.001 243100 243100 110.50< 54.63<
785.31Mixed Use Unspec 785.31 8277.008277.001 6500000 6500000 1195.40< ND
879.77Office Premises Uns 329.54 1860.331669.003 1636666 560000 ND ND
1350.61Retail Mult Occ Unsp 1350.61 907.00907.002 1129500 1129500 185.93< 421.46<
381.58Retail Sgle Occ Unsp 353.36 930.33849.004 363875 345250 106.23< 130.16<Community Services (SM)($/SM) (SM) ($/SM)
178.06NonGov School Unsp 178.06 27800.0027800.001 4950000 4950000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
230.75Factory Unsp 636.36 3813.671100.005 1095600 1419000 446.93< 403.13<
180.98Ind Dev Site 180.98 3343.003343.002 935000 935000 402.15< 445.24<
96.91Warehouse Unspec 131.68 6668.506668.502 646250 646250 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
NAUtilities Vac Land NA NANA1 240750 240750 126.71< NDPrimary Production (SM)($/SM) (SM) ($/SM)
86.10Cattle Feed Lot 86.10 10000.0010000.001 861000 861000 628.47< ND
1.09DomsticLivestockGraz 6.71 571189.93211700.0015 619766 525000 110.53< 210.00<
1.55GenCrop >20ha Unspec 1.55 334758.00334758.001 519684 519684 ND 61.14<
3.91Livestock – Beef 2.23 354580.00402800.007 1385714 980000 113.95< 451.32<
1.42Livestock – Dairy 1.42 560200.00560200.001 794000 794000 79.40< ND
0.18Livestock – Sheep 0.18 850000.00850000.001 150000 150000 46.88< 1.46<
1.63MixedFarm + infrast 1.45 529949.80456100.005 863000 910000 102.65< 121.33<
1.43MixedFarm no infrast 1.52 317500.00317500.002 455000 455000 71.09< 142.75<
1.57MixedFarm&GrazUnsp 1.17 389843.67394265.5013 642674 568000 108.19< 105.43<
2.21Vineyard 2.21 950000.00950000.003 2572333 2808500 133.74< NDResidential (SM)($/SM) (SM) ($/SM)
580.23Detached Home Unsp 643.78 791.65699.00536 458537 435500 98.86< 128.09<
221.50Detached Home(exist) 221.50 1851.001851.001 410000 410000 102.40< 129.13<
12.59Res/Rural Lstyle 50.15 59408.2616300.00133 745838 725000 107.20< 131.94<
1833.33Semi-detached Unspec 1833.33 210.00210.001 385000 385000 92.77< ND
NASingle Strata Unit NA NANA2 337500 337500 78.13< 122.73<
NASingle Strata Unsp NA NANA59 317457 320000 100.00< 115.52<
NAStrata Unit/Flat Uns NA NANA10 364400 362500 115.08< 130.63<
412.91Vac Res A 396.40 594.43555.00231 237373 239000 99.17< 152.23<
137.88Vac Res B 56.45 2568.202303.005 354100 140500 56.20< 55.10<
16.59Vac Res Englobo Oth 16.59 17240.0017240.001 286000 286000 3.36< 4.81<
8.53Vac Res Rural Lstyle 28.54 44585.8019970.0056 375791 317500 88.81< 125.49<
Municipality totals Commercial Total Prices 11 $15,367,600 Commercial Total
Infrastruc&Utilities Total Prices 1 $240,750 Infrastruc&Utilities Total
Community Services Total Prices 1 $4,950,000 Community Services Total
Industrial Total Prices 9 $8,640,500 Industrial Total
Primary Production Total Prices 49 $42,617,952 Primary Production Total
Residential Total Prices 1,035 $446,750,977 Residential Total
All Sales Total 1,106 All Sales Total $518,567,779
A Guide to Property Values 2019 | Page 210
Residential price statistics 1989 to 2020
Moira Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
88,027 297 75,800 82,319 277 25,000 28,544 1989 99 76,000
88,961 213 82,500 84,809 208 27,700 32,281 1990 69 82,000
93,675 207 87,000 86,091 156 30,000 31,263 1991 57 85,000
88,767 232 86,250 89,438 159 33,000 32,248 1992 63 82,000
94,938 284 81,500 86,620 156 32,000 35,520 1993 54 86,500
103,887 277 84,000 84,863 181 34,000 42,728 1994 77 95,000
99,744 223 80,000 76,557 131 35,000 38,948 1995 61 93,000
104,846 231 86,000 81,760 107 31,000 37,584 1996 69 90,000
112,620 285 80,000 78,836 111 33,000 54,544 1997 74 100,000
107,341 279 69,750 66,028 100 31,500 41,502 1998 90 89,000
111,418 317 85,000 84,255 141 29,000 34,797 1999 75 93,000
107,136 373 85,000 95,745 93 30,000 38,888 2000 83 96,000
122,581 377 94,500 107,077 149 34,000 43,439 2001 106 108,000
137,136 489 104,000 111,830 244 40,250 42,567 2002 150 125,000
170,019 464 135,000 141,679 382 52,000 53,290 2003 94 156,750
196,825 403 145,000 144,497 302 57,500 59,465 2004 124 175,000
201,015 419 172,000 186,956 275 63,002 67,804 2005 93 180,000
227,356 400 170,000 180,138 191 78,000 82,794 2006 103 200,000
258,319 389 202,500 207,898 218 101,000 119,353 2007 110 214,000
241,074 295 175,000 207,473 171 80,000 93,173 2008 68 210,000
239,590 324 187,500 235,977 173 87,975 90,594 2009 109 215,000
262,926 311 186,750 208,741 156 95,000 100,735 2010 72 235,000
259,242 304 180,000 230,274 132 89,000 99,202 2011 77 226,000
253,268 325 201,750 207,683 112 87,832 98,569 2012 70 235,000
245,458 363 187,500 196,537 123 90,880 105,571 2013 93 220,000
259,464 360 191,000 225,388 144 88,500 95,857 2014 88 235,000
266,881 433 205,000 223,121 132 100,000 112,432 2015 70 250,000
295,284 471 197,250 210,252 132 109,121 127,937 2016 82 255,000
291,618 512 205,000 226,875 104 111,000 121,313 2017 115 260,000
315,493 499 219,000 233,808 167 150,000 166,122 2018 107 262,500
331,719 410 220,000 230,061 166 125,000 145,950 2019 83 303,750
349,263 91 255,000 258,125 25 150,000 170,580 2020 24 308,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 211
Moira Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
61.23Fuel Outlet/Garage 61.23 2510.002510.001 153695 153695 7.78< ND
742.86Health Clinic Unsp 742.86 700.00700.001 520000 520000 ND ND
NAHotel/Motel Unsp NA NANA1 260000 260000 27.81< ND
258.09Mixed Use Unspec 682.18 3196.503196.503 1633333 1450000 310.83< ND
4.30Office Premises Uns 4.30 140425.00140425.001 603777 603777 ND ND
363.05Pub/Tavern/Club Unsp 603.96 1611.332020.003 585000 270000 142.11< 61.64<
882.35Retail Mult Occ Unsp 882.35 442.00442.001 390000 390000 222.86< 69.15<
1308.04Retail Sgle Occ Unsp 1160.34 920.751038.004 1204375 1162500 576.21< 290.63<Community Services (SM)($/SM) (SM) ($/SM)
50.37Place of Worship 50.37 2020.002020.001 101750 101750 ND 139.38<Industrial (SM)($/SM) (SM) ($/SM)
56.41Coolstore/Coldstore 56.41 39000.0039000.001 2199889 2199889 511.60< 588.21<
36.41Factory Unsp 34.49 18750.0018750.002 682775 682775 96.51< 220.25<
84.28Ind Dev Site 86.20 4773.004773.004 398437 394625 98.66< 303.56<
82.34Warehouse Unspec 60.96 3127.333158.003 257500 192500 175.00< 46.06<Primary Production (SM)($/SM) (SM) ($/SM)
2.45Cattle Feed Lot 14.27 171088.50171088.502 420000 420000 ND ND
1.03DomsticLivestockGraz 1.74 604667.00379000.0019 625900 437500 126.81< 125.00<
1.06GenCrop >20ha Unspec 0.42 742718.16458000.0044 789243 437500 142.42< 230.26<
1.07Livestock – Beef 0.57 520642.86506600.0014 556350 422500 90.37< 147.72<
2.10Livestock – Dairy 1.47 584559.14476250.0014 1230047 542500 110.71< 106.37<
0.74Livestock – Sheep 0.74 1356760.001356760.001 1000000 1000000 ND 1666.67<
0.31MixedFarm&GrazUnsp 1.00 1038577.55400600.0012 313614 300000 77.92< 85.11<
1.74Orchard Plantations 3.05 188550.00188550.002 327500 327500 18.99< 48.52<
16.01Piggery 16.01 249800.00249800.001 4000000 4000000 ND 615.38<
1.63Plant/Tree Nursery 1.63 52100.0052100.001 85000 85000 16.47< ND
1.35Specialised Cropping 1.35 1109000.001109000.001 1500000 1500000 319.15< 600.00<Residential (SM)($/SM) (SM) ($/SM)
632.91Detached Home (New) 632.91 553.00553.001 350000 350000 87.28< 86.42<
372.95Detached Home Unsp 318.75 897.67800.00401 331226 300500 109.27< 120.20<
161.54Detached Home(exist) 225.00 1990.801200.005 321600 350000 145.83< 132.08<
0.69MisImpRuralLand Unsp 0.72 143933.00143933.002 99250 99250 ND 132.33<
NAOYO Sub Unit NA NANA1 235000 235000 ND ND
46.67Res Land (WithBuild) 46.67 600.00600.001 28000 28000 37.33< 22.40<
10.41Res/Rural Lstyle 27.34 41919.4712650.00130 435148 358500 102.43< 108.23<
814.49Semi-detached Unspec 1079.40 501.33403.003 408333 435000 ND 107.41<
NASingle Strata Unit NA NANA1 600000 600000 ND ND
NASingle Strata Unsp NA NANA62 232711 221000 105.24< 113.33<
NAStrata Unit/Flat Uns NA NANA18 202611 213500 86.09< 108.38<
187.02Vac Res A 126.35 768.10732.00156 146132 125000 83.89< 113.78<
64.37Vac Res B 72.48 2223.202132.0010 143100 80000 38.10< 133.33<
4.05Vac Res Englobo Oth 1.46 315079.33463969.003 1275666 678000 20.85< 67.80<
11.25Vac Res Rural Lstyle 270.57 41830.649794.0034 461401 160000 101.59< 125.49<
NAVilla Unit NA NANA1 185000 185000 ND ND
Municipality totals Commercial Total Prices 15 $13,399,972 Commercial Total
Community Services Total Prices 1 $101,750 Community Services Total
Residential Total Prices 829 $255,638,113 Residential Total
Primary Production Total Prices 111 $83,471,760 Primary Production Total
Industrial Total Prices 10 $5,931,689 Industrial Total
All Sales Total 966 All Sales Total $358,543,284
A Guide to Property Values 2019 | Page 212
Residential price statistics 1989 to 2020
Monash City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
165,629 1,976 129,000 152,412 120 136,850 155,658 1989 508 145,000
165,847 1,768 134,000 159,944 53 113,000 132,216 1990 479 143,000
156,442 1,736 122,500 141,473 113 85,000 101,635 1991 432 139,950
153,761 1,882 122,750 134,086 95 100,000 103,687 1992 452 137,500
152,033 1,818 120,000 133,792 137 98,000 105,726 1993 529 135,500
155,366 2,111 123,500 148,020 160 95,000 113,252 1994 755 140,200
154,626 1,896 125,000 136,602 208 89,000 103,690 1995 548 140,000
154,598 2,125 122,000 133,162 234 93,250 103,689 1996 707 141,100
170,854 2,609 130,000 145,189 391 135,000 128,658 1997 1,021 157,000
192,587 2,434 147,750 168,938 420 127,000 137,222 1998 805 177,750
227,725 2,324 171,400 193,787 238 140,000 154,945 1999 894 210,000
245,177 2,251 191,900 206,306 120 152,000 187,949 2000 941 230,000
295,741 2,516 235,200 247,928 117 150,000 154,082 2001 1,145 275,500
344,941 2,489 270,000 288,513 24 97,500 128,488 2002 948 320,000
399,686 2,233 299,500 321,554 25 150,000 179,386 2003 1,095 375,700
413,472 1,951 301,500 326,434 59 272,500 274,917 2004 940 380,250
421,212 2,159 320,000 350,537 85 275,000 262,000 2005 1,058 390,000
462,096 2,228 350,000 374,309 68 277,500 281,282 2006 1,029 430,000
568,220 2,418 390,000 420,873 53 318,000 368,901 2007 1,385 535,300
602,232 1,680 405,000 426,653 20 412,500 386,892 2008 967 571,350
649,885 2,055 450,000 480,623 19 340,000 379,607 2009 1,403 615,000
764,948 1,855 482,218 493,228 25 380,000 422,022 2010 1,267 718,000
728,119 1,681 475,000 502,409 39 395,000 470,772 2011 1,241 679,765
717,957 1,717 487,250 507,528 40 354,000 490,119 2012 1,114 668,000
806,812 2,111 526,000 538,846 36 505,000 544,865 2013 1,561 750,000
965,641 2,327 535,000 573,256 33 580,000 655,632 2014 1,799 860,000
1,198,019 2,631 630,000 641,085 21 650,000 713,821 2015 2,050 1,100,000
1,201,720 2,034 661,750 685,117 19 880,000 844,870 2016 1,430 1,110,000
1,345,273 2,075 721,500 736,774 21 1,143,000 1,153,061 2017 1,392 1,260,000
1,286,030 1,656 740,000 753,393 25 763,000 1,051,200 2018 986 1,187,000
1,205,911 1,653 775,000 784,819 16 1,210,000 1,283,437 2019 1,014 1,120,000
1,359,120 145 770,000 776,045 6 725,000 605,294 2020 ^ 139 ^ 1,235,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 213
Monash City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1517.71Brothel 1517.71 593.00593.001 900000 900000 ND ND
297.43Dev Site 297.43 34210.0034210.001 10175000 10175000 478.82< 491.55<
2484.59Fuel Outlet/Garage 2522.09 2174.002174.002 5401500 5401500 120.03< 153.45<
3648.87Health Clinic Unsp 2631.58 1017.67836.005 3281000 2200000 137.50< 130.18<
NAHealth Surgery NA NANA1 700000 700000 100.00< ND
988.79Hotel/Motel Unsp 988.79 4551.004551.002 47400000 47400000 ND ND
695.44Mixed Use Unspec 1667.90 2434.081132.0013 1631769 1150000 119.79< 140.16<
1283.52Multi Use FuelOutlet 1283.52 1044.001044.001 1340000 1340000 ND ND
344.13Office Premises Uns 65.45 8859.555042.0046 2750783 773750 99.33< 124.50<
8629.03Pub/Tavern/Club Unsp 8629.03 186.00186.001 1605000 1605000 34.78< 43.26<
1795.03Retail Mult Occ Unsp 4402.25 11404.758257.004 20471875 13465500 367.66< 914.47<
423.93Retail Sgle Occ Unsp 5323.37 3426.73231.0033 1394959 870200 97.78< 78.72<
NAServ Apt/Unit Unsp NA NANA3 305166 340000 88.31< ND
NAServiced Apartments NA NANA2 420805 420805 65.87< 69.35<
219.05Shopping Centre Unsp 219.05 2871.002871.001 628888 628888 ND 1.20<
232.92Veterinary Clinic 232.92 7698.007698.001 1793000 1793000 256.14< 291.54<Community Services (SM)($/SM) (SM) ($/SM)
2442.89Place of Worship 2442.89 1576.001576.001 3850000 3850000 ND ND
1910.02Private Hospital 1910.02 40672.0040672.001 77684528 77684528 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
589.05Factory Unsp 1503.55 6678.50873.0024 3182312 916000 54.93< 90.71<
598.29Ind Dev Site 1422.89 13679.502556.504 8184375 2598750 547.11< 33.09<
264.51Warehouse Unspec 558.91 7836.722732.0022 2679186 1496000 119.68< 144.68<
1066.67Warehouse/Showroom 1066.67 22500.0022500.001 24000000 24000000 ND 154.34<Residential (SM)($/SM) (SM) ($/SM)
2538.76Age Care/Nursing Uns 2538.76 129.00129.002 327500 327500 ND 1.42<
NACojoin Strata Unsp NA NANA11 920165 815000 55.63< 128.65<
2755.10Detached Home (New) 2755.10 294.00294.001 810000 810000 81.82< ND
1807.20Detached Home Unsp 1145.71 671.82688.001633 1210015 1121000 94.20< 100.09<
1958.79Detached Home(exist) 1958.79 728.00728.001 1426000 1426000 ND 135.81<
NAIndividual Car Park NA NANA2 582500 582500 9708.33< 3883.33<
NAOYO Sub Dwelling NA NANA2 1126750 1126750 ND ND
NARes Dev Site NA NANA4 2250000 2250000 248.20< 169.81<
NARes Investment Flat NA NANA1 4000000 4000000 221.48< 869.57<
NARes Land (WithBuild) NA NANA1 416666 416666 92.59< 27.53<
199.75Res/Rural Lstyle 86.01 7749.505824.505 1320600 495000 117.86< 111.99<
NARetire Village Unit NA NANA4 518750 530000 91.38< 138.56<
2655.93Semi-detached Unspec 3297.78 302.73225.0018 843366 858000 108.26< 107.25<
NASingle Strata Unit NA NANA15 727225 667000 98.81< 153.33<
NASingle Strata Unsp NA NANA601 810086 798000 111.61< 113.19<
NAStrata Dwelling NA NANA3 830629 900000 40.91< 412.37<
NAStrata Unit/Flat Uns NA NANA355 722644 701000 89.58< 129.81<
NATownhouse NA NANA21 943099 990000 101.02< 137.50<
1745.73Vac Res A 1695.62 735.19720.0016 1283437 1210000 160.05< 131.52<
329.34Vac Res Englobo Oth 329.34 16700.0016700.001 5500000 5500000 ND 36.23<
NAVilla Unit NA NANA1 750000 750000 ND ND
Municipality totals Commercial Total Prices 117 $416,577,170 Commercial Total
Community Services Total Prices 2 $81,534,528 Community Services Total
Industrial Total Prices 51 $192,055,107 Industrial Total
Residential Total Prices 2,698 $2,833,053,246 Residential Total
All Sales Total 2,868 All Sales Total $3,523,220,051
A Guide to Property Values 2019 | Page 214
Residential price statistics 1989 to 2020
Moonee Valley City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
168,833 1,266 99,000 122,867 187 90,000 106,965 1989 627 146,000
164,879 1,158 107,750 124,555 115 77,000 88,050 1990 548 145,000
157,359 1,233 113,000 120,803 88 69,345 71,381 1991 469 140,000
156,417 1,203 110,500 123,994 146 67,205 69,420 1992 489 140,000
159,325 1,298 108,250 118,155 142 67,575 73,403 1993 454 142,875
166,560 1,412 105,000 135,104 192 78,677 85,557 1994 696 150,000
164,265 1,339 105,750 122,155 201 81,000 93,699 1995 642 147,000
171,353 1,410 114,000 117,304 145 82,500 90,526 1996 654 153,000
195,048 1,577 117,000 128,475 154 92,250 110,741 1997 849 175,000
225,249 1,446 123,575 136,876 84 115,250 151,187 1998 769 204,250
266,480 1,372 160,000 181,975 90 107,500 125,445 1999 834 242,000
284,349 1,436 175,000 192,914 40 102,500 101,614 2000 812 254,000
334,271 1,572 222,000 239,575 62 137,500 153,381 2001 1,029 310,000
388,650 1,445 252,050 275,535 40 145,500 143,927 2002 926 350,000
439,103 1,413 265,000 283,886 40 173,750 202,936 2003 829 398,000
455,810 1,259 275,000 291,768 48 200,500 213,781 2004 713 400,000
460,057 1,395 291,000 307,333 35 225,000 227,962 2005 798 413,000
483,606 1,393 310,100 321,482 59 235,000 244,050 2006 859 437,500
588,301 1,585 340,500 364,080 68 299,500 318,326 2007 1,146 522,000
636,454 1,147 380,000 385,518 44 327,500 305,295 2008 1,039 577,500
643,143 1,357 411,000 435,675 56 345,000 346,631 2009 1,123 582,000
803,002 1,344 475,000 488,402 78 370,000 381,348 2010 1,216 720,000
783,768 1,178 470,000 485,466 56 402,500 447,468 2011 903 700,000
742,388 1,172 460,000 466,697 62 450,000 474,387 2012 877 660,750
776,325 1,501 465,000 477,893 118 449,000 454,142 2013 1,186 710,000
841,472 1,599 475,000 496,206 83 453,400 481,489 2014 1,322 760,000
947,845 1,703 470,000 502,980 44 460,000 507,557 2015 1,642 840,000
1,047,851 1,579 515,000 543,932 50 457,500 478,428 2016 1,431 920,000
1,173,991 1,505 525,000 571,809 23 595,000 642,717 2017 1,398 1,035,000
1,255,192 1,205 512,750 558,980 23 730,000 846,086 2018 1,010 1,100,000
1,144,616 1,147 533,175 623,879 19 680,000 787,184 2019 972 1,000,000
1,073,553 121 500,000 549,213 7 650,000 624,000 2020 ^ 121 ^ 990,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 215
Moonee Valley City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1286.06Dev Site 1286.12 773.00773.003 3339416 998250 8.05< 48.06<
1393.15Health Clinic Unsp 1393.15 7178.007178.001 10000000 10000000 701.75< 826.45<
3312.50Health Surgery 3312.50 640.00640.001 2120000 2120000 128.48< 565.33<
2993.27Mixed Use Unspec 2855.47 334.50271.006 849583 831250 66.50< 151.14<
2926.52Nat Co Bulky Goods 2926.52 12643.0012643.001 37000000 37000000 ND ND
2908.49Office Premises Uns 2409.79 689.33502.0011 1278172 650000 147.23< 130.00<
8152.17Pub/Tavern/Club Unsp 8152.17 368.00368.002 2040000 2040000 23.12< 37.09<
NARetail Mult Occ Unsp NA NANA4 2071750 829750 177.68< 90.19<
718.23Retail Sgle Occ Unsp 5460.26 1494.59218.0026 1033009 922500 89.89< 136.67<
NAServ Apt/Unit Unsp NA NANA2 482500 482500 ND ND
NAServiced Apartments NA NANA6 410833 386000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1799.13Factory Unsp 1334.09 519.00577.508 809687 682500 80.23< 105.61<
3434.68Ind Dev Site 3434.68 888.00888.001 3050000 3050000 ND 315.08<
1354.00Office/Factory 1354.00 613.00613.001 830000 830000 ND ND
850.10Warehouse Unspec 1066.70 3836.003836.002 3261000 3261000 912.17< 603.89<
3132.53Warehouse/Factory 3132.53 166.00166.001 520000 520000 3.48< NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
733.80ReservedRoads 733.80 46.0046.001 33755 33755 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA7 785285 730000 ND 104.21<
2285.60Detached Home Unsp 1401.87 507.26535.001123 1149103 1000000 90.91< 108.11<
1234.94Detached Home(exist) 1234.94 498.00498.001 615000 615000 ND 78.29<
4271.68Half Pair or Duplex 4271.68 173.00173.002 859500 859500 105.07< 305.87<
NAOYO Co Share Unit NA NANA9 907444 1050000 170.73< ND
NAOYO Sub Dwelling NA NANA1 765000 765000 ND ND
148.70Res Dev Site 1162.59 6652.506652.502 989250 989250 ND 220.32<
NARes Investment Flat NA NANA1 3300000 3300000 ND 207.22<
2805.00Semi-detached Unspec 5209.18 340.95245.0021 957015 942000 102.67< 128.34<
NASingle Strata Unit NA NANA3 883333 820000 256.25< 140.17<
NASingle Strata Unsp NA NANA435 626688 605000 126.04< 120.52<
NAStrata Unit/Flat Uns NA NANA500 602225 472250 86.89< 89.59<
NATownhouse NA NANA13 773038 765000 114.18< 123.89<
1739.29Vac Res A 1247.60 492.88521.0019 787184 680000 93.15< 148.63<
NAVilla Unit NA NANA3 753666 711000 88.88< 114.22<
Municipality totals Commercial Total Prices 63 $120,950,896 Commercial Total
Industrial Total Prices 13 $17,399,500 Industrial Total
Infrastruc&Utilities Total Prices 1 $33,755 Infrastruc&Utilities Total
Residential Total Prices 2,140 $1,936,221,404 Residential Total
All Sales Total 2,217 All Sales Total $2,074,605,555
A Guide to Property Values 2019 | Page 216
Residential price statistics 1989 to 2020
Moorabool Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
102,399 261 84,000 81,321 582 29,500 32,591 1989 33 90,000
105,178 189 93,250 94,532 302 36,000 38,085 1990 28 96,000
102,986 174 95,750 89,900 145 33,000 35,563 1991 16 99,250
104,336 188 86,250 79,964 136 30,000 32,475 1992 14 97,500
104,462 186 95,000 88,590 227 31,000 34,879 1993 21 96,000
94,940 241 87,000 84,425 178 32,000 34,736 1994 27 90,000
99,262 218 84,250 78,590 115 31,850 40,953 1995 22 91,500
96,304 200 76,250 77,691 96 34,500 36,712 1996 12 92,000
103,465 275 80,000 71,570 110 32,000 34,762 1997 26 93,000
106,353 286 85,000 94,544 139 28,000 35,946 1998 28 98,000
116,631 296 79,500 84,760 125 30,000 33,208 1999 24 108,000
133,530 333 83,250 99,726 106 30,250 33,257 2000 32 123,000
142,949 410 90,500 97,308 179 39,500 46,178 2001 40 136,000
172,822 349 134,750 131,637 229 41,975 51,003 2002 40 165,000
206,489 362 163,000 162,105 212 74,150 72,758 2003 38 198,500
222,069 304 197,000 187,802 214 90,000 90,359 2004 43 219,000
220,176 281 196,750 189,053 163 90,000 90,559 2005 28 219,000
236,923 281 118,500 156,638 134 96,700 112,460 2006 72 225,000
257,274 421 165,000 170,164 146 90,000 95,968 2007 69 236,000
248,818 338 209,000 212,069 205 97,000 101,159 2008 65 240,000
274,872 350 220,000 214,386 380 105,000 109,240 2009 94 262,750
309,158 411 245,000 241,575 522 118,000 121,750 2010 65 305,000
325,313 352 275,000 248,349 340 140,000 145,165 2011 81 313,500
331,559 309 250,000 247,741 212 142,900 147,702 2012 77 320,000
332,271 337 294,000 283,758 185 146,900 149,444 2013 49 330,000
348,438 395 285,500 291,496 278 142,750 141,344 2014 52 339,000
368,543 410 284,000 282,541 284 149,500 153,416 2015 48 350,000
376,641 429 297,000 286,249 371 152,000 162,904 2016 72 360,000
431,175 551 311,500 307,331 740 168,250 176,407 2017 102 415,000
484,171 475 322,000 326,252 335 210,900 218,359 2018 79 466,000
508,023 432 352,500 366,588 138 232,000 243,851 2019 62 490,000
511,547 84 331,500 331,058 26 257,500 290,480 2020 17 501,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 217
Moorabool Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
19.68Dev Site 296.58 48741.251052.004 959000 455000 41.36< 54.79<
1236.56Health Surgery 1236.56 279.00279.001 345000 345000 ND ND
914.61Mixed Use Unspec 962.38 658.50658.502 602273 602273 77.71< 138.45<
631.08Retail Sgle Occ Unsp 1698.23 576.00576.002 363500 363500 103.86< 12.89<Community Services (SM)($/SM) (SM) ($/SM)
1445.04Day Care Centre 1445.04 2993.002993.001 4325000 4325000 ND ND
NAVac Gov Admin Site NA NANA1 1440000 1440000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
140.63Factory Unsp 140.63 9386.009386.002 845000 845000 167.00< 231.51<
183.49Ind Dev Site 183.49 1090.001090.001 200000 200000 76.92< 103.90<
2457.18Warehouse Unspec 3492.57 953.67942.003 2343333 3290000 1078.69< NDPrimary Production (SM)($/SM) (SM) ($/SM)
2.98DomsticLivestockGraz 3.31 297976.75353000.008 888973 860000 103.61< 324.53<
1.86GenCrop >20ha Unspec 2.12 694948.50453886.004 1293750 1150000 143.75< 414.41<
2.21Livestock – Beef 1.23 412352.00323900.005 910666 470000 121.29< 50.81<
0.94Livestock – Sheep 2.43 781875.00808950.004 738158 732810 152.68< 333.10<
1.52MixedFarm + infrast 2.07 427375.00376950.004 651250 695000 53.05< 132.38<
2.05MixedFarm&GrazUnsp 1.00 342792.31315900.0013 701538 750000 100.00< 120.97<Residential (SM)($/SM) (SM) ($/SM)
NADetached Home (New) NA NANA1 607500 607500 ND 175.07<
524.42Detached Home Unsp 673.21 964.51765.00430 508135 490000 105.15< 136.11<
764.33Detached Home(exist) 764.33 471.00471.001 360000 360000 82.66< 104.35<
NAOYO Sub Dwelling NA NANA1 315000 315000 ND ND
17.75Res/Rural Lstyle 25.28 39526.1020275.00140 701558 675000 100.75< 131.07<
NARetire Village Unit NA NANA1 117000 117000 110.90< ND
NASingle Strata Unit NA NANA2 377500 377500 ND ND
NASingle Strata Unsp NA NANA47 361180 360000 113.56< 125.00<
NAStrata Unit/Flat Uns NA NANA11 415090 382000 100.79< 123.23<
369.30Vac Res A 449.83 665.51578.00131 241110 232000 109.43< 152.63<
104.05Vac Res B 152.71 2836.572783.007 295142 225000 143.77< 132.13<
7.72Vac Res Rural Lstyle 10.59 44841.3225068.5038 345973 310000 111.11< 114.81<
Municipality totals Commercial Total Prices 9 $6,112,546 Commercial Total
Industrial Total Prices 6 $8,920,000 Industrial Total
Residential Total Prices 810 $387,211,139 Residential Total
Community Services Total Prices 2 $5,765,000 Community Services Total
Primary Production Total Prices 38 $31,517,752 Primary Production Total
All Sales Total 865 All Sales Total $439,526,437
A Guide to Property Values 2019 | Page 218
Residential price statistics 1989 to 2020
Moreland City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
129,335 1,788 86,000 103,934 53 68,000 92,392 1989 672 120,000
125,897 1,581 93,000 113,619 29 59,500 79,672 1990 611 120,000
120,288 1,510 89,000 98,740 17 54,000 52,911 1991 509 115,000
120,207 1,592 91,250 106,183 25 45,000 51,251 1992 532 115,000
119,523 1,701 87,000 101,137 36 59,250 66,438 1993 621 115,000
125,759 1,866 87,750 96,350 114 65,000 66,024 1994 736 119,750
123,228 1,731 90,000 99,598 143 54,000 63,972 1995 660 116,000
127,654 1,852 90,000 99,702 147 59,000 73,491 1996 837 120,000
151,008 2,257 98,250 110,571 149 75,000 86,155 1997 1,082 140,000
166,364 2,044 110,000 122,126 156 80,750 92,315 1998 1,021 158,500
200,266 2,102 142,000 160,348 195 77,000 92,139 1999 1,258 187,500
222,609 2,004 150,000 165,081 241 84,000 90,219 2000 1,220 210,000
263,915 2,248 196,750 215,495 248 90,000 108,621 2001 1,500 255,000
302,878 2,000 235,000 254,204 219 115,000 126,635 2002 1,099 291,250
345,003 2,060 252,250 270,497 138 164,500 172,302 2003 1,156 336,000
351,961 1,696 260,000 276,376 71 182,000 198,882 2004 990 331,750
354,289 1,895 260,000 274,431 43 181,500 170,396 2005 1,124 340,000
377,841 1,911 270,000 292,142 56 183,500 192,785 2006 1,130 361,000
449,281 2,167 325,000 338,259 77 170,000 170,564 2007 1,902 420,000
490,052 1,614 356,500 364,735 68 182,500 195,490 2008 1,518 462,750
536,213 1,873 399,000 404,503 54 202,500 248,646 2009 2,018 506,000
626,588 1,686 425,000 451,238 27 283,000 368,814 2010 1,568 600,000
609,892 1,516 420,000 443,323 45 365,500 402,425 2011 1,627 580,000
578,760 1,585 429,000 433,866 70 390,000 360,958 2012 1,659 550,000
624,921 1,790 435,000 443,723 105 415,000 379,119 2013 2,133 591,250
678,480 2,001 445,000 463,811 116 292,500 370,544 2014 2,488 650,000
733,682 1,983 469,500 485,693 62 405,000 404,041 2015 2,792 687,500
828,570 1,743 489,000 511,405 28 436,250 367,888 2016 2,823 775,000
954,220 1,686 530,000 549,894 31 520,000 510,990 2017 2,578 885,000
961,977 1,518 536,000 546,876 29 500,000 592,474 2018 1,821 900,000
905,897 1,420 551,000 564,529 13 445,000 492,278 2019 1,613 848,500
934,589 167 571,000 560,316 2 608,500 608,500 2020 ^ 280 ^ 842,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 219
Moreland City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
3775.38Dev Site 4044.64 231.50231.502 874000 874000 58.86< 20.48<
3495.04Fuel Outlet/Garage 5775.00 1473.001394.003 5148199 5220000 274.74< 210.06<
3189.72Health Clinic Unsp 4352.84 632.50632.502 2017500 2017500 134.50< 252.19<
2282.61Hotel/Motel Unsp 2282.61 1380.001380.001 3150000 3150000 ND ND
526.01Mixed Use Unspec 260.55 3345.381516.0013 1759722 660000 66.00< 76.74<
2646.92Office Premises Uns 2224.91 680.40525.0011 1664059 819500 74.50< 57.31<
2859.44Pub/Tavern/Club Unsp 3130.42 233.00233.002 666250 666250 24.23< 22.41<
1352.09Retail Mult Occ Unsp 3128.74 809.00501.005 1093840 1281700 116.52< 198.64<
1174.75Retail Sgle Occ Unsp 797.55 1256.44857.5039 1400225 800000 97.56< 123.08<
NAServ Apt/Unit Unsp NA NANA2 580400 580400 92.27< ND
842.02Serviced Apartments 616.54 869.33665.0011 579500 588000 105.24< 114.17<
NAShopping Centre Unsp NA NANA1 47000000 47000000 ND 11097.99<Community Services (SM)($/SM) (SM) ($/SM)
2173.91Halls&Service Rooms 2173.91 575.00575.001 1250000 1250000 ND ND
2601.81Place of Worship 2601.81 442.00442.001 1150000 1150000 ND ND
891.73Technical&Further Ed 891.73 919.00919.001 819500 819500 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1489.73Factory Unsp 1178.45 736.60297.0017 1043548 725000 85.60< 57.31<
8275.86Food ProcessingUnsp 8275.86 638.00638.002 3146000 3146000 ND ND
994.25Ind Dev Site 1749.82 476.50476.502 473758 473758 22.97< 49.87<
NAOpenStorageUnspec NA NANA1 260000 260000 ND ND
1781.38Warehouse Unspec 1613.77 616.00668.0010 1521307 980000 68.77< 166.10<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
265.00Closed Roads 265.00 12.0012.001 3180 3180 30.12< 37.97<National Parks, etc (SM)($/SM) (SM) ($/SM)
3915.56VacLnd FutureReserve 3915.56 604.00604.001 2365000 2365000 1000.00< 3909.09<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA12 634666 655000 132.32< 112.20<
NAConjoined StrataUnit NA NANA1 330000 330000 ND ND
1903.29Detached Home Unsp 1852.04 482.37490.001368 912808 850000 94.44< 109.40<
2682.12Detached Home(exist) 3371.43 201.33175.003 540000 590000 109.26< 82.81<
NAIndividual Car Park NA NANA11 395090 339000 686.93< 1695.00<
NAOYO Sub Dwelling NA NANA4 769500 721500 192.40< ND
NAOYO Sub Unit NA NANA3 960666 550000 130.18< 136.65<
NARes/Rural Lstyle NA NANA2 652500 652500 68.68< 84.74<
NARetire Village Unit NA NANA11 312547 311950 83.19< 115.54<
2434.40Semi-detached Unspec 4969.88 323.45164.5048 730462 647500 87.26< 88.40<
NASingle Strata Unit NA NANA11 787000 600000 163.04< ND
NASingle Strata Unsp NA NANA884 568742 560250 107.53< 114.57<
NAStrata Dwelling NA NANA3 826166 760000 ND ND
NAStrata Unit/Flat Uns NA NANA642 550101 535000 94.69< 108.08<
1613.98Terrace House 1613.98 601.00601.001 970000 970000 ND 151.56<
NATownhouse NA NANA33 671864 672000 107.11< 126.20<
1085.97Vac Res A 862.83 453.31452.0013 492278 445000 89.00< 102.01<
NAVilla Unit NA NANA9 444666 490000 87.50< 108.46<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
177.02Vac Site – Sporting 177.02 32779.0032779.001 5802500 5802500 ND ND
Municipality totals Community Services Total Prices 3 $3,219,500 Community Services Total
Residential Total Prices 3,059 $2,209,010,791 Residential Total
Commercial Total Prices 92 $181,504,436 Commercial Total
Industrial Total Prices 32 $40,452,912 Industrial Total
Infrastruc&Utilities Total Prices 1 $3,180 Infrastruc&Utilities Total
National Parks, etc Total Prices 1 $2,365,000 National Parks, etc Total
Sport/Hrtge/Cultural Total Prices 1 $5,802,500 Sport/Hrtge/Cultural Total
All Sales Total 3,189 All Sales Total $2,442,358,319
A Guide to Property Values 2019 | Page 220
Residential price statistics 1989 to 2020
Mornington Peninsula Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
140,259 3,028 98,000 123,392 1,960 43,000 53,552 1989 350 110,000
143,914 2,136 110,000 124,166 1,107 48,000 57,953 1990 349 115,000
136,307 2,078 102,000 114,696 1,051 42,000 50,627 1991 245 110,000
129,258 2,373 89,000 103,250 1,072 44,000 51,676 1992 330 107,000
125,815 2,509 92,000 121,495 1,127 41,500 50,196 1993 401 103,500
130,358 2,685 90,000 105,353 1,262 43,725 53,495 1994 436 105,000
128,602 2,543 95,000 111,032 935 45,000 57,093 1995 390 102,000
127,873 2,668 89,500 103,334 958 41,250 52,070 1996 386 104,000
137,245 3,555 95,000 112,512 1,466 45,000 58,970 1997 562 111,000
145,138 3,665 102,000 124,789 1,407 45,950 62,375 1998 489 118,000
166,824 4,161 116,000 143,808 2,085 50,000 66,461 1999 615 135,000
204,153 4,109 126,000 155,194 1,750 55,625 64,131 2000 608 157,500
231,179 5,154 148,000 182,616 1,962 72,000 87,295 2001 736 188,000
292,649 4,726 185,000 217,429 1,109 99,000 109,115 2002 734 240,000
341,633 4,593 222,000 258,246 1,228 140,000 156,578 2003 803 280,000
373,644 3,823 247,500 325,269 637 155,500 174,998 2004 625 300,000
389,341 3,832 250,000 287,610 568 155,000 175,884 2005 722 305,000
415,720 4,103 260,000 332,299 751 160,000 187,824 2006 723 330,000
446,766 5,214 300,000 351,484 769 159,000 191,934 2007 1,042 356,050
495,963 3,416 300,000 342,514 341 185,000 222,401 2008 805 390,000
489,930 4,131 316,500 348,233 525 200,000 233,246 2009 1,078 409,000
584,970 3,938 355,000 405,180 463 255,000 299,363 2010 1,092 480,000
628,535 3,185 365,000 427,111 353 282,500 351,143 2011 825 500,000
566,997 3,286 365,000 415,359 318 281,250 303,110 2012 853 485,000
599,563 3,594 380,000 423,158 479 247,000 276,929 2013 969 500,000
626,700 4,054 395,000 427,348 427 285,000 343,343 2014 1,068 530,000
689,911 4,404 395,000 437,913 409 285,000 350,173 2015 1,163 570,000
776,392 4,194 450,000 511,106 410 335,000 400,449 2016 1,169 629,250
884,238 3,990 509,800 600,801 411 452,000 537,209 2017 1,131 725,000
975,066 3,238 549,950 612,316 281 485,000 579,319 2018 818 785,500
933,397 3,225 550,000 606,378 250 470,000 557,455 2019 723 765,000
906,892 569 531,000 588,634 51 490,000 545,683 2020 168 750,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 221
Mornington Peninsula Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
433.07Dev Site 433.07 635.00635.001 275000 275000 125.00< 99.85<
1439.48Fuel Outlet/Garage 1439.48 3404.003404.001 4900000 4900000 164.68< 510.42<
2133.41Health Clinic Unsp 2133.41 832.00832.001 1775000 1775000 264.93< 164.66<
1236.33Hotel/Motel Unsp 1236.33 2103.002103.001 2600000 2600000 146.15< 311.38<
2317.56Mixed Use Unspec 2749.58 188.4073.5012 399898 200750 113.10< 18.25<
1037.70Office Premises Uns 1536.40 725.50405.0012 699250 618500 75.43< 80.48<
979.35Retail Mult Occ Unsp 1833.33 1000.67600.003 980000 940000 53.84< 57.40<
1299.78Retail Sgle Occ Unsp 3924.77 1239.68390.0025 1504760 1300000 206.35< 163.52<
655.21Serviced Apartments 655.21 931.00931.002 931000 931000 ND ND
1334.07Veterinary Clinic 1334.07 907.00907.001 1210000 1210000 ND 126.04<Community Services (SM)($/SM) (SM) ($/SM)
900.00Child Centre Unsp 900.00 1000.001000.001 900000 900000 150.00< ND
548.11Private Hospital 548.11 34117.0034117.001 18700000 18700000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1156.16Factory Unsp 1740.16 398.84207.5092 465489 385044 85.57< 106.07<
2207.45Garage/Motor Vehicle 2207.45 564.00564.001 1245000 1245000 ND 56.59<
146.35Ind Dev Site 55.62 1608.181618.0011 235363 90000 18.00< 30.87<
248.50Ind Land Building $0 531.99 35764.0035764.002 8887500 8887500 89.77< ND
12.46Sawmill 12.46 140400.00140400.001 1750000 1750000 ND ND
1368.49Warehouse Unspec 2517.64 410.80193.0026 520862 392500 86.34< 112.95<
1465.86Warehouse/Showroom 1465.86 249.00249.001 365000 365000 149.59< NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
4069.77Port Dock/Berth 4069.77 43.0043.001 175000 175000 ND 102.94<Primary Production (SM)($/SM) (SM) ($/SM)
8.21DomsticLivestockGraz 8.21 511339.00511339.001 4200000 4200000 ND ND
42.66Horse Unspecified 33.11 309100.00309100.002 13187500 13187500 425.40< 959.09<
10.53Livestock – Beef 9.01 268072.86233000.009 5240000 3000000 68.18< 127.66<
7.29Livestock – Sheep 7.29 411300.00411300.001 3000000 3000000 65.22< 68.81<
23.80MarketGardenVeg <20h 23.75 99050.0099050.002 2357500 2357500 94.30< 106.08<
81.25MixedFarm + infrast 81.25 64000.0064000.002 5050000 5050000 ND ND
11.00MixedFarm&GrazUnsp 15.09 290880.67251800.003 3200000 3500000 114.75< 153.85<
17.54Orchard Plantations 18.52 195891.00195891.002 3435000 3435000 ND ND
11.56Plant/Tree Nursery 12.45 224842.00224842.002 2600000 2600000 36.36< 200.00<
38.99Vineyard 38.99 109000.00109000.001 4250000 4250000 140.96< 97.70<Residential (SM)($/SM) (SM) ($/SM)
1068.40Age Care/Nursing Uns 1710.98 8660.674325.003 9253056 7400000 125.42< ND
NACojoin Strata Unsp NA NANA10 562400 571000 76.95< 108.76<
1018.63Detached Home Unsp 784.31 917.03765.003204 932719 765000 97.39< 121.43<
791.51Detached Home(exist) 1733.71 1638.88658.009 1258610 960000 468.29< 162.71<
3315.79Individual Berth 3500.00 59.7158.0011 362954 189000 94.50< 117.03<
NAIndividual Car Park NA NANA1 263000 263000 ND ND
NAOYO Sub Dwelling NA NANA5 618100 572000 ND ND
NAOYO Subdivided Flat NA NANA2 413000 413000 63.54< 88.82<
503.02Res Dev Site 421.96 2857.751633.004 1437500 1525000 154.04< 266.38<
786.42Res Land (WithBuild) 250.95 1080.00789.003 849333 775000 ND 109.93<
78.27Res/Rural Lstyle 346.67 23462.2010500.00238 1829914 1505000 88.53< 120.40<
1376.60ResLandWithImprovemt 1376.60 1017.001017.001 1400000 1400000 ND 7567.57<
NARetire Village Unit NA NANA18 326694 395000 100.64< 136.21<
2019.97Semi-detached Unspec 2398.50 460.60290.5012 870541 600000 60.76< 73.17<
2917.50Sep House&Curtilage 4550.00 2000.002000.004 5835000 4500000 339.62< 191.49<
NAShort Term Hol Accom NA NANA1 565000 565000 ND ND
NASingle Strata Unit NA NANA16 621184 640500 104.15< 137.01<
NASingle Strata Unsp NA NANA480 586959 542000 100.84< 122.74<
NAStrata Dwelling NA NANA1 480000 480000 ND ND
NAStrata Unit/Flat Uns NA NANA181 681026 579000 101.76< 114.09<
NATownhouse NA NANA9 798888 810000 352.17< 192.86<
704.46Vac Res A 517.96 783.29724.00233 534411 450000 100.00< 140.00<
340.78Vac Res B 250.70 2562.652493.0017 873294 820000 117.56< 194.13<
44.73Vac Res Rural Lstyle 34.52 30051.0017537.0018 1344092 997500 122.84< 141.49<
NAVilla Unit NA NANA1 375000 375000 ND 120.97<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
4951.22OutdoorSportGrndUnsp 4951.22 41.0041.001 203000 203000 ND ND
Municipality totals Community Services Total Prices 2 $19,600,000 Community Services Total
Primary Production Total Prices 25 $121,470,000 Primary Production Total
Industrial Total Prices 134 $80,091,500 Industrial Total
Residential Total Prices 4,482 $4,113,314,765 Residential Total
Commercial Total Prices 59 $66,370,785 Commercial Total
Infrastruc&Utilities Total Prices 1 $175,000 Infrastruc&Utilities Total
Sport/Hrtge/Cultural Total Prices 1 $203,000 Sport/Hrtge/Cultural Total
All Sales Total 4,704 All Sales Total $4,401,225,050
A Guide to Property Values 2019 | Page 222
Residential price statistics 1989 to 2020
Mount Alexander Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
75,486 279 93,500 107,300 129 22,000 26,848 1989 10 71,000
77,910 ^ 207 98,000 104,333 78 23,750 24,260 1990 3 ^ 72,500
78,502 200 80,000 80,181 67 23,000 23,376 1991 11 75,000
82,304 ^ 195 75,000 89,777 49 21,000 21,959 1992 9 ^ 72,000
82,334 208 77,000 73,363 54 20,500 24,828 1993 11 76,000
81,397 218 83,000 86,617 60 27,750 28,249 1994 17 75,000
89,168 205 83,000 82,590 57 25,000 28,667 1995 11 80,000
88,172 237 95,000 97,969 52 19,375 25,723 1996 13 75,000
89,507 230 90,500 95,428 45 32,000 30,633 1997 14 81,000
89,572 238 80,000 77,100 38 29,250 34,288 1998 10 80,000
100,290 244 87,750 97,962 41 30,000 35,474 1999 20 91,000
103,107 283 113,000 110,403 75 30,000 39,545 2000 26 92,500
129,222 329 115,000 106,441 97 35,500 41,610 2001 17 117,500
161,923 332 135,000 132,483 124 36,750 41,249 2002 37 150,000
187,634 303 160,000 159,259 85 50,000 60,998 2003 39 176,000
211,796 236 215,000 207,478 57 66,500 65,336 2004 23 200,000
220,513 279 185,000 213,763 51 78,000 78,620 2005 19 208,000
237,254 236 210,000 211,676 44 76,251 75,625 2006 27 220,000
234,795 315 207,750 224,271 59 85,000 83,690 2007 32 219,000
243,756 231 205,000 200,530 41 85,000 86,159 2008 33 230,000
260,217 273 225,000 225,351 69 85,000 85,616 2009 32 246,000
313,416 287 255,000 241,800 90 90,000 98,292 2010 35 292,000
332,518 238 242,000 237,029 81 100,000 107,233 2011 17 310,000
348,331 230 290,000 269,175 59 115,000 112,217 2012 27 325,000
366,079 286 295,000 284,855 79 122,500 118,829 2013 26 355,000
378,267 270 257,500 261,897 78 125,000 127,279 2014 18 345,000
387,205 260 312,500 326,166 87 125,000 124,152 2015 30 372,500
428,846 301 322,500 307,875 79 130,500 134,215 2016 24 405,000
435,875 326 325,000 334,040 112 135,515 143,390 2017 25 420,750
494,857 277 389,000 395,972 169 150,000 158,350 2018 33 471,000
510,653 287 395,000 421,636 104 170,000 182,184 2019 23 500,000
544,666 ^ 46 442,000 450,583 15 170,000 195,414 2020 6 ^ 536,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 223
Mount Alexander Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
3029.66Mixed Use Unspec 3029.66 236.00236.001 715000 715000 175.25< ND
2021.40Retail Sgle Occ Unsp 2028.11 280.33249.003 566666 575000 139.56< 90.20<
1884.06Veterinary Clinic 1884.06 414.00414.001 780000 780000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
42.47Ind Dev Site 42.47 3179.003179.001 135000 135000 26.34< NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.68DomsticLivestockGraz 5.71 391928.88295096.5016 659750 480000 75.48< 118.52<
3.21GenCrop >20ha Unspec 1.89 252703.20222700.006 732083 432500 35.79< 89.18<
4.30Livestock – Beef 4.30 394946.00394946.001 1700000 1700000 175.71< ND
0.74Livestock – Sheep 0.92 540600.00540600.003 450833 550000 134.15< ND
0.69MixedFarm + infrast 0.69 563540.00563540.001 390000 390000 ND ND
1.53MixedFarm&GrazUnsp 1.08 341345.25306650.0012 523690 510000 113.46< 104.51<
4.25Orchard Plantations 4.25 73000.0073000.001 310000 310000 42.76< 37.42<
2.96Vineyard 2.96 307600.00307600.001 910000 910000 ND NDResidential (SM)($/SM) (SM) ($/SM)
452.29Detached Home Unsp 280.29 1138.58973.00283 510976 500000 105.26< 123.92<
188.22Detached Home(exist) 188.22 2699.002699.002 315000 315000 128.57< 99.68<
NAOYO Sub Dwelling NA NANA1 800000 800000 ND ND
15.27Res/Rural Lstyle 18.75 38669.4026300.0093 593395 572000 105.93< 125.99<
1496.04Semi-detached Unspec 1425.76 441.50441.502 660500 660500 ND 140.53<
NASingle Strata Unsp NA NANA17 412214 420000 109.80< 128.24<
NAStrata Unit/Flat Uns NA NANA5 378000 390000 92.86< 251.61<
182.54Vac Res A 216.05 979.75845.0090 182818 170000 113.71< 130.77<
70.21Vac Res B 68.02 2536.862269.0014 178107 172500 93.37< 118.56<
45.83Vac Res Englobo Oth 45.83 8400.008400.001 385000 385000 ND 100.65<
5.35Vac Res Rural Lstyle 5.73 46068.7220000.0036 334477 222500 105.95< 142.63<
Municipality totals Primary Production Total Prices 41 $25,895,288 Primary Production Total
Commercial Total Prices 5 $3,195,000 Commercial Total
Residential Total Prices 544 $242,814,292 Residential Total
Industrial Total Prices 1 $135,000 Industrial Total
All Sales Total 591 All Sales Total $272,039,580
A Guide to Property Values 2019 | Page 224
Residential price statistics 1989 to 2020
Moyne Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
76,274 146 81,400 83,135 93 16,000 19,621 1989 14 68,500
74,370 ^ 109 85,000 92,000 50 18,000 22,987 1990 9 ^ 65,000
76,370 ^ 124 75,000 74,000 39 19,500 25,840 1991 9 ^ 72,000
87,186 ^ 115 127,500 121,600 57 25,000 33,392 1992 5 ^ 77,500
88,606 ^ 111 92,000 96,000 59 20,000 27,881 1993 7 ^ 71,000
88,483 ^ 134 125,000 115,000 75 20,000 26,277 1994 6 ^ 81,000
99,725 ^ 147 92,450 89,066 71 25,000 49,063 1995 6 ^ 75,900
108,727 ^ 157 142,000 141,500 47 25,000 39,771 1996 3 ^ 93,000
120,220 ^ 157 134,000 150,250 67 26,000 46,512 1997 8 ^ 86,000
108,459 ^ 128 172,500 209,500 69 32,000 42,393 1998 4 ^ 100,000
124,696 151 230,000 234,100 68 30,125 41,388 1999 10 100,000
125,482 171 150,500 182,272 65 36,000 54,933 2000 20 104,000
146,545 197 176,000 258,354 66 42,300 49,863 2001 31 120,000
184,264 209 165,000 197,414 92 64,000 59,751 2002 25 145,000
192,364 193 280,000 273,192 67 45,000 61,706 2003 13 155,000
228,377 148 282,500 456,650 62 72,500 77,398 2004 14 205,500
249,373 145 250,000 312,681 48 71,250 77,690 2005 23 205,000
252,932 153 251,000 349,952 70 68,250 75,043 2006 25 225,000
281,124 179 295,000 356,784 53 75,000 82,794 2007 27 250,000
278,070 139 270,000 386,400 44 99,950 101,822 2008 15 249,000
292,974 186 307,500 326,513 62 116,500 115,099 2009 24 254,000
349,742 163 288,500 288,625 75 125,000 117,373 2010 12 300,000
334,017 129 360,000 383,863 60 125,500 139,723 2011 11 290,000
360,887 ^ 142 283,500 274,062 62 97,500 103,517 2012 8 ^ 320,000
372,219 162 337,500 492,500 46 150,000 131,750 2013 16 305,000
343,885 205 365,000 377,930 42 115,475 137,901 2014 25 318,000
404,237 181 327,500 449,750 52 146,500 142,715 2015 20 340,000
417,718 206 370,000 491,000 52 142,500 166,686 2016 23 340,000
433,813 183 495,000 545,137 60 125,500 144,064 2017 20 365,000
454,182 191 395,000 503,065 67 140,000 162,880 2018 23 360,000
488,800 200 482,500 557,100 51 125,000 138,235 2019 20 401,500
425,765 ^ 40 955,000 866,666 11 280,000 283,000 2020 3 ^ 365,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 225
Moyne Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1708.33Café 1708.33 360.00360.001 615000 615000 ND ND
86.51Hotel/Motel Unsp 86.51 4046.004046.001 350000 350000 24.48< ND
960.28Pub/Tavern/Club Unsp 3177.78 705.00450.003 677000 400000 20.51< 34.78<
248.11Retail Sgle Occ Unsp 88.93 1855.201012.006 450252 385000 213.89< 138.74<Infrastruc&Utilities (SM)($/SM) (SM) ($/SM)
22.43WaterStorageDamRes 22.43 28300.0028300.001 634700 634700 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.62DomsticLivestockGraz 1.42 347269.75291700.0028 561197 472244 134.93< 112.44<
0.81GenCrop >20ha Unspec 0.80 2940711.751066700.0016 2378152 1763098 282.26< 190.26<
1.10Livestock – Beef 1.73 725064.89449000.0028 790992 601850 91.19< 130.60<
1.95Livestock – Dairy 1.63 854798.05760000.0038 1667229 1088853 122.25< 171.85<
2.13Livestock – Sheep 9.84 1078237.18912400.0017 2297330 1013300 128.82< 222.70<
19.29MarketGardenVeg <20h 19.29 28000.0028000.001 540000 540000 ND ND
0.97MixedFarm&GrazUnsp 0.96 679713.13755727.508 662324 665000 67.92< 81.37<
1.41Softwood Plantation 1.41 1194700.001194700.001 1683971 1683971 ND NDResidential (SM)($/SM) (SM) ($/SM)
466.45Detached Home Unsp 318.92 1038.86811.00198 491262 406000 113.25< 116.00<
80.59Detached Home(exist) 85.47 3040.003040.002 245000 245000 72.92< 80.53<
9.88Res/Rural Lstyle 24.69 46150.7616200.00107 456046 415000 104.01< 107.30<
NASingle Strata Unsp NA NANA12 487500 452000 155.33< 120.86<
NAStrata Unit/Flat Uns NA NANA8 661500 522500 111.17< 143.15<
167.57Vac Res A 175.97 905.60824.0040 156348 137450 85.91< 85.91<
33.66Vac Res B 9.52 2149.822100.0011 72372 47000 64.83< 62.67<
10.30Vac Res Rural Lstyle 20.26 22026.8711150.0038 226834 174500 114.43< 112.58<
Municipality totals Commercial Total Prices 11 $5,697,512 Commercial Total
Infrastruc&Utilities Total Prices 1 $634,700 Infrastruc&Utilities Total
Primary Production Total Prices 137 $185,843,672 Primary Production Total
Residential Total Prices 416 $173,368,784 Residential Total
All Sales Total 565 All Sales Total $365,544,668
A Guide to Property Values 2019 | Page 226
Residential price statistics 1989 to 2020
Murrindindi Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
89,641 ^ 211 66,000 66,357 159 25,000 34,881 1989 7 ^ 80,000
87,308 ^ 130 78,000 86,530 94 29,500 37,890 1990 5 ^ 80,000
81,808 ^ 140 82,000 86,188 61 27,000 34,016 1991 9 ^ 77,500
94,903 156 86,250 80,990 45 25,000 33,275 1992 10 83,000
89,198 ^ 161 86,750 98,083 58 25,000 34,937 1993 6 ^ 82,000
85,558 ^ 165 85,000 85,000 48 23,375 24,850 1994 1 ^ 78,000
95,706 ^ 123 84,000 74,375 60 28,000 44,062 1995 4 ^ 80,000
87,154 ^ 133 72,500 68,625 45 21,500 45,060 1996 4 ^ 76,000
88,435 198 71,000 69,208 55 27,500 46,460 1997 12 79,000
81,692 181 78,500 76,000 55 25,000 33,498 1998 10 77,000
86,603 215 70,000 69,730 49 25,000 33,908 1999 13 82,200
102,792 244 84,250 94,942 68 28,000 37,238 2000 13 90,000
110,100 287 108,000 121,740 83 23,500 32,701 2001 25 105,000
123,390 246 133,000 135,366 109 35,000 40,245 2002 15 116,500
160,588 259 111,000 124,016 71 52,000 57,685 2003 18 157,350
184,089 199 157,500 166,150 52 68,250 71,062 2004 10 179,000
197,438 ^ 231 247,500 218,750 46 84,500 93,432 2005 8 ^ 190,000
208,551 210 196,500 201,375 52 73,625 87,466 2006 12 195,000
213,609 216 227,500 205,706 47 90,000 93,063 2007 16 207,500
222,628 166 226,250 214,232 45 76,000 85,241 2008 16 211,500
218,425 189 215,000 220,847 116 96,000 97,598 2009 23 220,000
240,186 152 230,000 239,781 110 95,750 102,726 2010 16 230,000
251,774 132 185,000 193,095 82 112,000 121,226 2011 21 250,750
260,815 133 207,500 209,964 104 100,000 105,188 2012 14 245,000
272,847 149 197,500 205,750 48 100,000 104,793 2013 12 260,000
233,798 178 250,000 241,218 51 105,000 117,130 2014 16 230,000
279,511 163 250,000 238,911 70 120,000 115,324 2015 17 265,000
288,471 208 257,500 257,315 77 120,000 134,714 2016 15 270,000
341,914 218 269,000 271,750 82 135,000 146,929 2017 14 327,500
375,119 198 277,500 288,441 67 145,000 144,351 2018 17 370,000
388,951 154 295,000 325,000 56 143,500 162,686 2019 14 373,500
392,955 ^ 45 300,000 310,000 10 175,000 167,650 2020 5 ^ 392,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 227
Murrindindi Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NACom Land (Struct 0) NA NANA1 515000 515000 ND ND
409.43Mixed Use Unspec 409.43 1209.001209.001 495000 495000 289.47< 450.00<
524.59Retail Mult Occ Unsp 524.59 915.00915.001 480000 480000 ND ND
521.08Retail Sgle Occ Unsp 557.81 854.00854.002 445000 445000 374.58< 78.24<
479.23Veterinary Clinic 479.23 1252.001252.001 600000 600000 ND NDExtractive Industry (SM)($/SM) (SM) ($/SM)
NAQuarry Gravel/Stone NA NANA1 700000 700000 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.09DomsticLivestockGraz 1.47 1388546.33529200.009 1518888 740000 123.75< 83.98<
0.90GenCrop >20ha Unspec 1.59 831490.50579221.506 750666 892000 119.73< 164.20<
2.31Livestock – Beef 1.63 592229.94526600.0017 1367735 942500 141.41< 120.83<
3.40Livestock – Dairy 3.40 225000.00225000.001 765000 765000 33.26< 125.41<
0.72Livestock – Sheep 0.66 1317722.001317722.002 950000 950000 ND ND
0.67MixedFarm no infrast 0.84 514203.50514203.502 345833 345833 ND 53.21<
1.49MixedFarm&GrazUnsp 1.05 438013.76391700.0017 650455 590000 90.77< 100.85<
1.31Native Hardwood 1.31 326400.00326400.002 427500 427500 610.70< 131.54<
1.93Orchard Plantations 1.93 325900.00325900.001 630000 630000 196.88< 130.98<
0.39Softwood Plantation 0.39 552850.00552850.002 217500 217500 62.19< ND
0.94Vineyard 0.94 639280.00639280.001 598000 598000 ND 72.05<Residential (SM)($/SM) (SM) ($/SM)
343.20Detached Home Unsp 362.97 1141.98909.50151 389460 375000 102.18< 141.51<
348.02Detached Home(exist) 183.82 1044.001088.003 363333 330000 85.71< 122.22<
14.96Res/Rural Lstyle 48.86 51342.4813750.00124 767933 670000 103.24< 138.86<
NASingle Strata Unit NA NANA1 420000 420000 ND ND
NASingle Strata Unsp NA NANA8 298750 280000 109.80< 108.74<
NAStrata Unit/Flat Uns NA NANA5 348000 335000 118.06< 118.17<
133.79Vac Res A 157.58 1193.451038.5042 169154 145000 100.00< 123.40<
55.51Vac Res B 91.25 2581.072452.0014 143282 130000 66.67< 96.30<
10.50Vac Res Rural Lstyle 10.74 27308.7812100.0050 281490 262500 119.32< 138.16<
Municipality totals Primary Production Total Prices 60 $58,357,916 Primary Production Total
Extractive Industry Total Prices 1 $700,000 Extractive Industry Total
Commercial Total Prices 6 $2,980,000 Commercial Total
Residential Total Prices 398 $182,857,184 Residential Total
All Sales Total 465 All Sales Total $244,895,100
A Guide to Property Values 2019 | Page 228
Residential price statistics 1989 to 2020
Nillumbik Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
178,805 717 132,650 163,982 334 85,000 107,929 1989 70 162,000
171,079 682 120,000 124,081 243 75,000 87,397 1990 128 160,000
163,705 697 117,950 123,030 319 70,000 71,428 1991 118 152,000
160,519 740 119,500 116,711 251 70,000 72,867 1992 132 151,450
164,289 694 125,800 122,245 275 71,000 77,645 1993 141 154,000
167,122 703 125,000 127,203 282 80,000 80,840 1994 151 150,000
165,995 679 128,000 130,010 198 92,250 98,259 1995 135 152,000
170,895 634 120,000 128,911 199 85,000 83,424 1996 168 160,000
178,715 815 129,500 133,663 263 100,000 98,466 1997 196 164,000
196,004 706 140,000 148,668 235 118,000 116,162 1998 156 182,000
222,106 845 163,000 168,318 244 118,000 120,159 1999 155 207,500
243,301 826 183,000 195,264 97 125,000 134,723 2000 137 226,750
287,570 843 220,000 220,505 98 130,000 132,414 2001 179 270,000
328,109 789 250,000 262,883 134 176,000 171,563 2002 133 301,275
367,191 770 272,250 293,112 195 180,000 186,916 2003 174 349,150
382,827 751 284,000 294,022 118 185,000 215,937 2004 111 360,000
404,903 733 288,750 307,895 123 175,000 194,284 2005 158 367,500
419,725 748 300,000 330,934 106 210,000 218,554 2006 155 391,550
462,727 809 330,000 347,407 80 198,000 208,031 2007 210 432,000
488,885 621 355,000 366,891 50 212,500 230,331 2008 178 460,000
510,127 620 390,000 404,598 69 210,000 245,153 2009 206 480,000
606,046 683 440,000 471,319 54 241,750 283,454 2010 165 575,000
608,111 589 455,955 476,114 56 243,500 298,982 2011 141 580,000
583,168 577 440,000 489,516 87 200,000 239,653 2012 123 552,000
610,971 642 459,500 467,117 63 319,500 301,887 2013 138 582,950
637,746 698 481,000 489,812 95 350,000 330,599 2014 180 620,000
697,216 733 530,000 526,054 67 370,000 344,946 2015 176 665,000
751,518 641 555,000 561,195 76 406,000 413,327 2016 179 731,000
885,486 585 634,000 654,290 124 435,000 447,178 2017 154 855,000
940,167 464 635,000 659,156 56 450,000 467,580 2018 191 876,800
877,294 586 650,000 651,888 64 437,500 482,882 2019 174 835,000
898,231 71 705,000 707,590 13 445,000 458,153 2020 29 867,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 229
Nillumbik Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
402.85Dev Site 402.85 1508.001508.001 607500 607500 ND ND
1969.70Health Clinic Unsp 1969.70 462.00462.002 708750 708750 ND ND
2423.23Mixed Use Unspec 2247.71 249.67327.003 605000 585000 185.71< ND
369.66Office Premises Uns 369.66 1312.001312.002 857500 857500 169.63< 535.94<
7469.88Retail Mult Occ Unsp 7469.88 83.0083.001 620000 620000 112.73< 88.57<
2243.92Retail Sgle Occ Unsp 2931.82 390.50232.504 876250 845000 150.89< 193.36<Industrial (SM)($/SM) (SM) ($/SM)
1148.87Factory Unsp 2207.79 618.00385.005 710000 850000 155.96< 128.79<
1512.73Warehouse Unspec 1512.73 597.00597.001 903100 903100 137.88< 22.14<Primary Production (SM)($/SM) (SM) ($/SM)
2.86DomsticLivestockGraz 5.27 562840.00562840.002 1607500 1607500 ND ND
3.38Livestock – Beef 3.38 680974.00680974.001 2300000 2300000 356.59< ND
2.45MixedFarm&GrazUnsp 2.36 319083.33393700.006 783333 695000 34.75< 82.49<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 641300 641300 ND 116.60<
868.24Detached Home Unsp 1127.22 1010.80845.00582 877831 835000 94.89< 118.02<
261.16Detached Home(exist) 261.16 3829.003829.001 1000000 1000000 114.29< 133.61<
NAIndividual Car Park NA NANA2 400000 400000 ND ND
51.04Res/Rural Lstyle 66.82 25548.1614225.50138 1305524 1254500 96.50< 118.91<
NARetire Village Unit NA NANA2 438750 438750 146.25< 156.70<
870.05Semi-detached Unspec 786.92 841.67826.003 732296 705000 117.50< 98.26<
NASingle Strata Unit NA NANA2 571500 571500 86.07< 68.04<
NASingle Strata Unsp NA NANA109 650677 650000 99.69< 111.11<
NAStrata Unit/Flat Uns NA NANA58 657377 650000 104.85< 128.40<
NATownhouse NA NANA2 857500 857500 105.21< 160.28<
612.96Vac Res A 689.76 758.69703.0060 469208 437500 97.66< 106.19<
286.07Vac Res B 182.24 2405.002400.004 688000 435000 77.68< 290.00<
23.41Vac Res Rural Lstyle 14.79 29253.447436.009 684888 850000 100.00< 118.06<
Municipality totals Primary Production Total Prices 9 $10,215,000 Primary Production Total
Commercial Total Prices 13 $9,680,000 Commercial Total
Industrial Total Prices 6 $4,453,100 Industrial Total
Residential Total Prices 973 $845,554,113 Residential Total
All Sales Total 1,001 All Sales Total $869,902,213
A Guide to Property Values 2019 | Page 230
Residential price statistics 1989 to 2020
Northern Grampians Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
55,793 ^ 186 69,500 78,812 58 16,850 24,072 1989 8 ^ 48,350
59,860 163 76,500 85,363 45 17,500 19,464 1990 11 55,500
59,906 ^ 159 58,000 56,833 40 16,000 16,044 1991 9 ^ 55,000
64,733 ^ 180 85,000 82,500 32 21,750 22,429 1992 9 ^ 63,500
66,832 214 76,625 73,210 38 17,250 24,612 1993 20 65,250
70,278 204 83,000 78,459 38 19,750 22,932 1994 11 67,750
68,947 ^ 205 56,750 83,375 52 25,000 29,157 1995 4 ^ 67,000
72,002 ^ 171 77,750 77,750 39 28,000 35,133 1996 2 ^ 65,000
69,310 ^ 146 85,500 87,966 38 25,000 28,519 1997 9 ^ 66,000
78,851 ^ 180 88,000 79,100 36 35,000 36,574 1998 5 ^ 70,000
80,457 ^ 165 80,000 99,125 30 26,450 29,921 1999 4 ^ 75,000
79,324 ^ 211 82,000 77,500 39 33,000 36,816 2000 5 ^ 72,500
89,712 240 83,000 93,916 49 32,000 37,169 2001 12 80,000
99,263 254 95,500 101,350 61 40,000 39,835 2002 10 82,750
104,991 271 115,500 140,593 59 28,000 35,544 2003 16 88,000
134,551 278 119,000 182,159 55 29,000 35,981 2004 11 119,000
144,023 ^ 270 123,000 118,142 36 34,000 37,658 2005 7 ^ 131,125
149,942 188 178,000 200,117 23 30,500 41,598 2006 17 135,000
146,991 234 137,000 158,281 30 38,000 67,700 2007 16 137,500
144,156 ^ 210 185,000 216,888 23 30,000 40,815 2008 9 ^ 136,500
156,197 217 150,000 147,583 33 38,000 52,681 2009 18 140,000
167,276 179 101,000 186,473 29 55,000 64,468 2010 19 150,000
155,362 173 156,000 182,590 19 63,000 76,605 2011 11 145,000
176,028 164 137,000 169,033 13 45,000 43,500 2012 15 159,000
168,725 184 159,500 166,392 22 41,000 47,045 2013 14 160,000
176,272 ^ 179 180,000 181,970 20 43,750 55,089 2014 9 ^ 165,000
180,174 167 145,500 171,291 21 60,000 76,142 2015 12 172,000
195,703 ^ 174 115,000 144,333 20 64,000 68,535 2016 3 ^ 177,000
188,867 188 164,250 179,300 23 83,000 84,108 2017 10 170,000
199,727 206 140,000 150,727 24 76,500 78,760 2018 11 185,000
210,811 224 300,000 253,647 25 65,000 76,860 2019 17 191,250
225,323 ^ 51 125,000 197,500 6 77,500 76,916 2020 ^ 3 ^^ 218,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 231
Northern Grampians Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1466.07Dev Site 1466.07 1238.001238.001 1815000 1815000 ND ND
199.45Hotel/Motel Unsp 239.87 9150.009150.002 1825000 1825000 316.02< 300.41<
212.46Mixed Use Unspec 316.63 706.00706.002 150000 150000 83.33< ND
548.62Retail Sgle Occ Unsp 653.54 668.50766.004 366750 350000 218.75< 318.18<
NAServ Apt/Unit Unsp NA NANA2 805000 805000 282.46< 245.43<Industrial (SM)($/SM) (SM) ($/SM)
42.21Ind Dev Site 42.21 1540.001540.001 65000 65000 28.26< 228.07<National Parks, etc (SM)($/SM) (SM) ($/SM)
0.16Conservation–Private 0.16 630300.00630300.001 100000 100000 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.51DomsticLivestockGraz 0.28 887423.73318653.0011 448868 250000 ND ND
1.03GenCrop >20ha Unspec 0.80 851341.50848286.5014 875666 498800 93.87< 126.44<
0.38Livestock – Sheep 0.25 351098.67162000.003 133333 65000 31.27< 41.14<
0.33MixedFarm&GrazUnsp 0.26 1163890.721090750.0018 379430 262500 92.11< 170.02<
0.33Plant/Tree Nursery 0.33 607000.00607000.001 202000 202000 ND NDResidential (SM)($/SM) (SM) ($/SM)
227.39Detached Home Unsp 165.27 925.58837.50223 210523 190000 102.70< 106.15<
1.97MisImpRuralLand Unsp 1.97 37533.0037533.001 73950 73950 115.55< 60.61<
6.60Res/Rural Lstyle 5.74 75051.1452350.0044 495520 357500 134.40< 126.10<
NASemi-detached Unspec NA NANA1 275000 275000 ND ND
NASingle Strata Unsp NA NANA7 319642 305000 210.34< 186.54<
NAStrata Unit/Flat Uns NA NANA10 207450 166000 154.42< ND
76.98Vac Res A 168.15 1019.001011.0019 80657 80000 104.58< 119.40<
27.80Vac Res B 24.80 2332.002034.006 64833 55000 59.46< 115.79<
1.56Vac Res Rural Lstyle 3.95 53403.4240500.0032 81500 79250 105.67< 172.28<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
1.60Vac Site – Sporting 1.60 22500.0022500.001 36000 36000 ND ND
Municipality totals Industrial Total Prices 1 $65,000 Industrial Total
Residential Total Prices 343 $77,940,035 Residential Total
Primary Production Total Prices 47 $24,628,633 Primary Production Total
Sport/Hrtge/Cultural Total Prices 1 $36,000 Sport/Hrtge/Cultural Total
Commercial Total Prices 11 $8,842,000 Commercial Total
National Parks, etc Total Prices 1 $100,000 National Parks, etc Total
All Sales Total 404 All Sales Total $111,611,668
A Guide to Property Values 2019 | Page 232
Residential price statistics 1989 to 2020
Port Phillip City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
249,299 769 119,500 161,359 13 90,000 131,521 1989 1,153 207,000
221,855 734 114,500 141,527 9 47,000 84,055 1990 ^ 1,227 ^ 190,000
207,967 789 109,500 133,610 7 80,000 78,714 1991 ^ 1,169 ^ 180,000
225,538 810 108,000 136,892 10 67,640 74,382 1992 1,801 190,000
228,466 946 106,200 132,454 20 110,500 134,272 1993 2,027 195,625
244,021 958 118,000 150,584 42 131,250 134,573 1994 2,181 210,000
255,326 966 120,000 157,004 48 133,250 139,037 1995 1,883 212,750
274,411 1,165 125,000 170,756 39 120,000 141,201 1996 2,085 245,000
331,102 1,201 160,000 212,437 24 180,000 213,406 1997 3,262 297,500
370,464 1,095 178,500 223,590 21 136,000 594,275 1998 2,778 335,000
441,354 1,096 235,000 283,615 16 178,000 171,015 1999 3,587 395,000
469,812 1,034 257,000 291,034 16 134,500 159,689 2000 3,542 417,000
583,392 1,127 296,000 352,248 14 176,000 208,857 2001 3,575 500,000
636,280 1,040 337,000 391,979 3 86,500 85,666 2002 ^ 3,096 ^ 557,000
715,837 956 349,000 433,294 0 0 0 2003 * 2,871 * 600,500
735,322 882 328,000 418,743 2 341,250 341,250 2004 ^ 2,301 ^ 612,500
757,169 942 340,000 425,499 0 0 0 2005 * 2,649 * 650,000
839,959 991 364,000 483,947 1 295,000 295,000 2006 ^ 3,021 ^ 691,002
1,091,464 1,016 400,000 512,933 0 0 0 2007 * 3,853 * 867,750
1,112,304 687 427,000 526,203 0 0 0 2008 * 2,561 * 905,000
1,092,553 737 455,000 551,441 0 0 0 2009 * 2,921 * 927,500
1,261,700 828 513,000 603,101 0 0 0 2010 * 3,630 * 1,108,500
1,237,744 737 519,250 596,418 1 132,500 132,500 2011 ^ 2,892 ^ 1,010,000
1,192,419 755 515,000 595,354 0 0 0 2012 * 2,426 * 1,050,000
1,306,798 839 520,000 618,534 0 0 0 2013 * 2,899 * 1,120,000
1,420,530 913 550,000 651,283 0 0 0 2014 * 2,917 * 1,180,000
1,651,295 833 580,000 685,521 1 1,265,000 1,265,000 2015 ^ 3,510 ^ 1,415,000
1,793,278 709 578,000 711,751 0 0 0 2016 * 2,515 * 1,575,000
1,946,165 753 603,625 841,709 4 36,300 45,237 2017 ^ 2,552 ^ 1,730,000
1,992,604 617 590,000 710,213 2 411,300 411,300 2018 ^ 2,074 ^ 1,720,000
1,932,977 626 600,000 715,963 3 1,200,000 1,206,666 2019 ^ 1,792 ^ 1,620,000
2,907,949 58 600,000 740,206 1 645,500 645,500 2020 ^ 325 ^ 1,627,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 233
Port Phillip City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
62.67CarPark – UnderCover 62.67 4353.004353.003 205700 272800 129.90< 1091.20<
5191.33Dev Site 5191.33 392.00392.002 1501500 1501500 18.20< 46.20<
NAHealth Surgery NA NANA1 425000 425000 ND ND
898.59Hotel/Motel Unsp 2518.42 1385.501385.502 1245000 1245000 ND ND
8.31Indiv CarPark Unspe 9.44 4377.004377.004 37000 37625 35.75< 206.16<
16044.03LowRise Office Build 11716.17 265.00303.004 4041250 3480000 60.00< 65.57<
12549.41Mixed Use Shop 9859.90 253.00253.003 2263333 550000 ND ND
620.44Mixed Use Unspec 3792.49 2347.58959.5016 1505209 955675 72.40< 24.04<
42869.64Multi-Lvl Offic Unsp 42869.64 2286.002286.002 77750000 77750000 ND 245.73<
893.74Office Premises Uns 47.09 4406.842336.00117 2411804 320000 106.67< 41.56<
2785.52Pub/Tavern/Club Unsp 2785.52 718.00718.002 1550000 1550000 72.09< 41.89<
582.15Res Hotel 582.15 2319.002319.001 1350000 1350000 ND 11.81<
3564.59Retail Mult Occ Unsp 3564.59 627.00627.001 2235000 2235000 90.58< 56.47<
2110.68Retail Sgle Occ Unsp 3777.46 881.43451.5051 1715141 1400000 96.19< 93.33<
NAServ Apt/Unit Unsp NA NANA4 568750 452500 75.50< 53.87<
521.54Serviced Apartments 734.91 1204.131142.0030 674383 605000 198.36< 216.07<
4386.46Shop 5203.00 1041.501041.502 4568500 4568500 254.51< 445.92<
5658.70Shop & Dwelling 6217.04 348.00348.002 1969226 1969226 72.27< 109.49<
NAShopping Centre Unsp NA NANA1 350000 350000 ND ND
NAStrata/Subdiv Office NA NANA12 118187 106000 78.52< 52.35<Industrial (SM)($/SM) (SM) ($/SM)
2539.68Factory Unsp 2539.68 315.00315.002 4855000 4855000 120.29< 194.20<
62.40Warehouse/Factory 62.40 7468.007468.001 466000 466000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
NAClosed Roads NA NANA1 8800 8800 94.96< 18.89<Residential (SM)($/SM) (SM) ($/SM)
NADetached Home (Ind) NA NANA1 415675 415675 ND ND
7184.55Detached Home Unsp 10154.03 275.50211.00597 1945563 1625000 94.92< 103.50<
NADormitory Accom NA NANA1 330000 330000 ND ND
NAHalf Pair or Duplex NA NANA1 1112403 1112403 ND 42.78<
NAIndividual Car Park NA NANA41 32762 22000 73.33< 116.40<
NAOYO Strata Flat NA NANA14 1015642 698500 138.32< 132.79<
NAOYO Stratum Flat NA NANA1 900000 900000 175.10< 193.55<
NAOYO Stratum Unit NA NANA1 924000 924000 ND ND
NAOYO Sub Unit NA NANA8 1128375 1166000 122.09< 126.74<
NAOYO Subdivided Flat NA NANA12 1081333 662500 116.23< 118.94<
NARes Investment Flat NA NANA4 1632250 1684000 58.55< 58.07<
216.02Res/Rural Lstyle 345.80 9818.678126.006 1528833 1057500 38.59< 96.40<
12532.05Semi-detached 12532.05 78.0078.001 977500 977500 34.79< 85.00<
9037.99Semi-detached Unspec 11800.00 187.70155.0027 1641296 1322000 88.87< 102.08<
NASingle Strata Unit NA NANA6 1049166 470000 52.75< 64.16<
NASingle Strata Unsp NA NANA597 672313 605000 103.95< 103.86<
NAStorage Area Res NA NANA1 5000 5000 15.15< 39.53<
NAStrata Dwelling NA NANA4 1649250 1525000 175.29< 126.03<
144.60Strata Unit/Flat Uns 144.60 4426.004426.001135 713424 589950 98.03< 99.99<
NATerrace House NA NANA1 3250000 3250000 175.68< 157.58<
NATownhouse NA NANA7 1722571 1320000 78.65< 186.18<
7511.74Vac Res A 7511.74 213.00213.003 1206666 1200000 291.76< ND
NAVilla Unit NA NANA2 630000 630000 ND ND
Municipality totals Commercial Total Prices 260 $622,909,947 Commercial Total
Infrastruc&Utilities Total Prices 1 $8,800 Infrastruc&Utilities Total
Industrial Total Prices 3 $10,176,000 Industrial Total
Residential Total Prices 2,471 $2,507,936,834 Residential Total
All Sales Total 2,735 All Sales Total $3,141,031,581
A Guide to Property Values 2019 | Page 234
Residential price statistics 1989 to 2020
Pyrenees Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
55,819 * 61 0 0 45 13,700 22,992 1989 0 * 48,000
56,195 * 48 0 0 32 9,975 14,129 1990 0 * 54,250
49,532 * 38 0 0 20 11,475 14,762 1991 0 * 47,500
48,918 * 37 0 0 22 10,500 12,309 1992 0 * 48,000
61,594 * 61 0 0 24 15,625 46,454 1993 0 * 60,000
65,971 ^ 67 104,000 104,000 29 10,000 12,979 1994 1 ^ 48,000
68,522 * 58 0 0 32 15,875 36,172 1995 0 * 50,500
79,256 * 55 0 0 29 21,500 52,411 1996 0 * 55,000
101,999 * 51 0 0 25 13,500 33,564 1997 0 * 53,500
100,430 * 44 0 0 17 20,000 45,265 1998 0 * 51,000
57,181 ^ 51 70,000 70,000 29 20,000 23,598 1999 1 ^ 50,000
67,756 ^ 79 40,000 45,000 15 9,750 15,243 2000 3 ^ 55,500
75,835 ^ 87 43,000 43,000 28 20,500 24,948 2001 2 ^ 68,000
98,656 ^ 70 57,000 74,750 53 20,000 28,058 2002 4 ^ 83,250
107,406 ^ 58 56,000 57,833 36 21,250 30,418 2003 3 ^ 95,000
113,186 ^ 78 83,000 83,000 37 23,000 25,243 2004 1 ^ 115,000
136,330 ^ 63 85,000 85,000 29 27,500 32,362 2005 1 ^ 125,000
134,954 * 50 0 0 27 32,500 42,355 2006 0 * 128,500
145,807 * 59 0 0 26 31,500 38,953 2007 0 * 137,875
156,306 * 55 0 0 17 32,000 39,358 2008 0 * 145,000
145,466 * 59 0 0 19 36,000 46,920 2009 0 * 144,000
161,530 ^ 71 190,000 190,000 29 44,000 64,448 2010 1 ^ 160,000
173,568 ^ 66 168,675 168,675 20 38,250 47,372 2011 2 ^ 151,000
179,112 ^ 50 226,500 226,500 28 47,000 41,345 2012 2 ^ 179,750
173,609 ^ 72 235,000 235,000 18 46,500 39,973 2013 1 ^ 180,000
194,484 * 57 0 0 31 51,100 55,374 2014 0 * 185,000
191,492 ^ 55 205,500 205,500 18 43,500 44,822 2015 1 ^ 185,000
208,188 ^ 69 190,000 176,666 35 48,500 58,750 2016 3 ^ 190,500
213,142 ^ 83 235,000 235,000 20 58,000 56,375 2017 2 ^ 215,000
232,256 * 76 0 0 30 53,500 54,810 2018 0 * 227,450
248,363 ^ 74 280,000 280,000 23 65,000 70,717 2019 1 ^ 240,000
272,111 * 18 0 0 6 39,000 41,000 2020 ^ 0 ^* 275,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 235
Pyrenees Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
638.69Mixed Use Unspec 638.69 548.00548.001 350000 350000 106.06< 109.38<
356.53Pub/Tavern/Club Unsp 356.53 2314.002314.001 825000 825000 246.27< ND
464.79Retail Sgle Occ Unsp 464.79 355.00355.001 165000 165000 91.67< NDCommunity Services (SM)($/SM) (SM) ($/SM)
185.00Fire Station 185.00 1000.001000.001 185000 185000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
80.34Warehouse Unspec 80.34 4313.004313.001 346500 346500 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.72DomsticLivestockGraz 3.50 530239.85159816.0027 381337 105000 73.94< 67.74<
0.79GenCrop >20ha Unspec 0.89 942963.00434650.0018 708748 423333 54.09< 94.07<
0.89Livestock – Beef 1.02 882580.001135140.003 787066 1050000 ND 1750.00<
0.48Livestock – Sheep 0.38 1263979.71264000.007 611587 205000 29.15< 107.89<
1.01MixedFarm&GrazUnsp 0.26 765516.67380100.0012 773968 270000 85.71< 74.30<
4.49Poultry broiler 4.49 1469034.001469034.001 6600000 6600000 ND ND
2.66Vineyard 0.63 250404.80169000.005 665370 393625 112.46< 123.01<Residential (SM)($/SM) (SM) ($/SM)
179.14Detached Home Unsp 119.28 1386.581031.0074 248363 240000 105.52< 114.29<
2.97Res/Rural Lstyle 4.43 108583.5160905.0080 322483 310000 110.71< 137.78<
NASingle Strata Unsp NA NANA1 280000 280000 ND 147.37<
62.38Vac Res A 53.97 1190.641019.0015 85033 68000 123.64< 133.99<
21.07Vac Res B 24.96 2082.002049.008 43875 36250 77.13< 145.00<
2.10Vac Res Rural Lstyle 1.46 57577.0037450.0051 120444 100000 111.11< 116.79<
Municipality totals Primary Production Total Prices 73 $48,910,375 Primary Production Total
Residential Total Prices 229 $52,226,778 Residential Total
Community Services Total Prices 1 $185,000 Community Services Total
Commercial Total Prices 3 $1,340,000 Commercial Total
Industrial Total Prices 1 $346,500 Industrial Total
All Sales Total 307 All Sales Total $103,008,653
A Guide to Property Values 2019 | Page 236
Residential price statistics 1989 to 2020
Borough of Queenscliffe
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
166,618 74 121,000 126,053 27 58,000 74,851 1989 13 147,250
160,855 76 152,500 139,600 15 82,000 78,766 1990 10 143,250
144,659 55 158,750 190,400 9 74,000 94,555 1991 ^ 10 ^ 140,000
155,429 65 156,750 163,750 11 60,000 70,400 1992 12 139,000
158,630 81 148,000 169,105 12 77,750 77,791 1993 19 135,000
158,000 99 148,000 166,250 15 77,000 75,600 1994 16 143,500
159,116 99 139,500 139,846 43 49,000 55,400 1995 13 148,000
160,408 106 115,000 123,093 8 64,750 81,812 1996 ^ 16 ^ 144,000
166,523 108 143,500 132,809 25 72,000 93,720 1997 19 155,000
176,049 111 123,000 125,000 16 51,500 68,578 1998 21 158,000
219,614 103 149,000 156,097 15 60,000 82,733 1999 23 183,000
284,780 105 220,000 228,044 13 82,000 96,423 2000 17 227,000
293,266 92 250,000 286,818 7 69,000 75,428 2001 ^ 11 ^ 277,500
463,453 89 295,000 320,280 0 0 0 2002 * 23 * 400,000
474,329 97 370,000 381,192 2 120,000 120,000 2003 ^ 26 ^ 435,000
495,271 70 450,000 589,948 0 0 0 2004 * 21 * 456,000
673,956 88 330,000 406,300 4 258,750 235,625 2005 ^ 13 ^ 500,000
644,465 101 327,500 408,046 7 400,000 345,714 2006 ^ 34 ^ 530,000
601,844 158 389,396 447,886 10 299,000 325,768 2007 47 522,944
616,829 82 375,000 381,675 4 302,500 278,750 2008 ^ 20 ^ 525,000
637,210 89 440,000 488,326 1 340,000 340,000 2009 ^ 23 ^ 595,000
826,607 87 530,000 587,047 5 295,000 286,800 2010 ^ 21 ^ 732,000
841,756 65 455,000 519,913 4 325,000 313,750 2011 ^ 23 ^ 645,000
787,023 84 430,000 426,568 3 259,000 306,333 2012 ^ 11 ^ 700,000
798,717 76 430,000 428,300 3 340,000 371,666 2013 ^ 20 ^ 732,500
917,565 94 401,000 437,895 8 326,500 304,125 2014 ^ 20 ^ 750,000
836,776 104 475,000 613,340 4 361,500 435,750 2015 ^ 25 ^ 721,001
902,422 90 596,000 584,576 5 410,000 406,800 2016 ^ 26 ^ 790,000
954,863 93 545,000 529,440 9 555,308 701,145 2017 ^ 25 ^ 815,000
1,088,622 71 627,500 734,775 6 547,500 650,833 2018 ^ 20 ^ 930,000
1,067,492 73 597,750 690,531 2 835,000 835,000 2019 ^ 16 ^ 950,000
1,287,038 ^ 13 535,000 568,333 2 720,000 720,000 2020 ^ 3 ^^ 990,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 237
Borough of Queenscliffe
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
761.04Veterinary Clinic 761.04 657.00657.001 500000 500000 ND NDResidential (SM)($/SM) (SM) ($/SM)
1631.83Detached Home Unsp 1140.48 662.34662.0071 1077999 950000 102.15< 119.50<
484.65Semi-detached Unspec 1131.34 1433.001433.002 694500 694500 ND ND
NASingle Strata Unsp NA NANA9 727833 565500 102.35< 121.61<
NAStrata Unit/Flat Uns NA NANA5 663600 700000 98.94< 108.53<
NATownhouse NA NANA1 505000 505000 ND ND
1111.85Vac Res A 1011.88 751.00751.002 835000 835000 152.51< 203.66<
NAVilla Unit NA NANA1 675000 675000 ND ND
Municipality totals Residential Total Prices 91 $90,645,466 Residential Total
Commercial Total Prices 1 $500,000 Commercial Total
All Sales Total 92 All Sales Total $91,145,466
A Guide to Property Values 2019 | Page 238
Residential price statistics 1989 to 2020
Greater Shepparton City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
93,217 683 73,700 94,146 321 28,400 30,673 1989 112 84,000
95,183 588 78,225 110,000 269 28,300 30,471 1990 110 87,500
92,388 536 83,000 96,279 207 30,000 32,954 1991 87 86,500
97,251 673 85,000 107,596 261 30,000 31,264 1992 110 88,000
100,122 673 85,175 96,834 284 34,000 36,084 1993 106 93,500
102,334 696 85,000 92,929 349 31,000 30,335 1994 110 95,000
102,627 599 90,000 100,776 232 36,000 37,637 1995 99 97,000
103,311 603 90,000 89,678 215 36,000 41,343 1996 97 95,000
110,001 708 82,000 89,094 252 38,000 46,695 1997 131 97,750
108,394 810 89,500 94,623 238 37,920 41,086 1998 113 103,000
116,508 832 93,000 104,783 334 42,500 44,330 1999 139 112,250
123,568 825 100,000 114,085 224 43,000 45,786 2000 173 118,000
138,621 932 105,000 114,613 364 50,700 54,302 2001 202 132,000
160,201 966 130,000 138,548 411 60,000 62,095 2002 173 150,000
180,784 907 155,000 161,783 351 72,000 77,189 2003 167 169,000
207,973 919 172,000 174,846 366 89,000 92,051 2004 188 191,000
219,310 869 170,000 185,804 341 95,000 95,888 2005 164 203,000
242,457 852 192,000 204,670 378 99,500 100,373 2006 156 230,000
242,779 848 191,000 204,459 304 99,877 103,437 2007 150 226,000
244,387 703 185,437 220,275 228 101,000 102,394 2008 129 225,002
238,485 843 190,000 196,412 407 102,500 102,116 2009 154 225,500
263,749 672 185,000 206,816 335 115,000 113,812 2010 123 250,000
258,511 660 199,000 200,643 266 111,500 113,782 2011 109 240,000
253,385 639 198,500 214,150 257 109,000 116,257 2012 99 240,000
267,073 668 197,000 214,607 230 110,000 115,158 2013 120 248,000
268,064 704 196,750 195,794 321 115,000 123,694 2014 119 249,000
269,562 901 205,000 218,964 268 123,000 124,425 2015 109 250,000
279,752 815 194,000 235,247 286 127,000 132,546 2016 109 265,000
286,171 939 195,000 217,485 363 125,000 123,965 2017 135 269,000
300,265 947 188,000 228,520 437 128,500 129,312 2018 137 278,000
318,194 828 228,000 264,215 337 135,000 139,272 2019 137 295,000
305,542 203 227,500 232,659 64 136,071 139,599 2020 33 290,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 239
Greater Shepparton City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
194.66Dev Site 418.52 2299.251919.004 447575 306650 64.56< ND
1022.49Fuel Outlet/Garage 1145.43 1222.501222.502 1250000 1250000 ND ND
1081.61Health Clinic Unsp 1081.61 821.00821.001 888000 888000 154.43< 66.77<
709.91Health Surgery 710.76 1019.501019.502 723750 723750 ND ND
709.34Hotel/Motel Unsp 801.89 1445.001445.002 1025000 1025000 197.12< 140.41<
300.78Mixed Use Unspec 364.25 4712.752263.506 1506666 1045000 336.55< 495.26<
964.63Motel 964.63 4665.004665.001 4500000 4500000 ND ND
1228.89Office Premises Uns 933.74 993.13820.509 1109277 881000 185.47< 111.73<
584.22Pub/Tavern/Club Unsp 684.16 948.50948.502 554130 554130 42.63< 38.22<
41.59Retail Mult Occ Unsp 1107.38 10002.20298.006 360812 335000 209.38< 117.13<
217.11Retail Sgle Occ Unsp 3905.88 2303.82425.0014 460928 362500 62.23< 145.00<
763.24Vehicle Sales Centre 763.24 642.00642.001 490000 490000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
167.84Place of Worship 167.84 3834.003834.001 643500 643500 328.32< 1170.00<Extractive Industry (SM)($/SM) (SM) ($/SM)
261.52Quarry Manufact Mat 261.52 745.00745.001 194831 194831 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
141.95Factory Unsp 355.72 2895.862010.007 411057 440000 73.21< 104.76<
135.34Ind Dev Site 152.40 2757.502345.5012 479341 351550 34.17< 105.18<
190.93Warehouse Unspec 254.71 2506.901755.5010 478650 410000 89.62< 39.22<Primary Production (SM)($/SM) (SM) ($/SM)
1.44DomsticLivestockGraz 1.69 475171.40298764.0010 686250 721250 203.17< 244.91<
1.14GenCrop >20ha Unspec 0.80 609331.67484700.0055 694777 520000 148.57< 138.67<
1.55Livestock – Beef 3.12 440433.33425100.003 682333 372000 107.83< 61.30<
1.14Livestock – Dairy 1.06 815025.00802615.0012 933083 700000 145.83< 205.88<
1.59Livestock – Sheep 1.95 654780.33436300.003 1043520 850000 310.22< 170.00<
0.80MarketGardenVeg <20h 0.80 472916.50472916.502 380000 380000 ND ND
0.77MixedFarm&GrazUnsp 0.33 409353.45298686.0011 316727 290000 83.55< 69.83<
15.15Orchard Plantations 4.23 67827.5075000.004 1027500 460000 62.59< 102.22<
1.61Piggery 1.61 244000.00244000.001 393000 393000 ND ND
2.29Plant/Tree Nursery 2.29 262100.00262100.001 600000 600000 ND ND
0.98Specialised Cropping 0.98 971200.00971200.001 950000 950000 ND 145.99<Residential (SM)($/SM) (SM) ($/SM)
376.98Detached Home Unsp 489.93 842.02745.00820 317003 295000 105.92< 111.32<
527.63Detached Home(exist) 771.36 1131.00910.004 596750 649500 245.09< 248.85<
0.53MisImpRuralLand Unsp 0.53 193700.00193700.001 102500 102500 ND ND
NAOYO Sub Dwelling NA NANA1 400000 400000 ND ND
12.76Res/Rural Lstyle 54.25 37902.0310000.00100 480945 445000 114.54< 120.68<
442.47Semi-detached Unspec 442.47 791.00791.004 283747 266250 ND 90.72<
NASingle Strata Unit NA NANA1 220000 220000 ND ND
NASingle Strata Unsp NA NANA104 274951 234000 134.87< 114.15<
NAStrata Unit/Flat Uns NA NANA27 238314 227500 92.86< 145.37<
NATownhouse NA NANA4 137000 121000 121.61< 66.12<
150.61Vac Res A 154.51 876.86809.00320 136273 135000 105.88< 106.30<
80.60Vac Res B 93.57 2428.472223.0017 195727 198000 113.79< 101.54<
NAVac Res Englobo Oth NA NANA1 336735 336735 17.72< 18.51<
13.40Vac Res Rural Lstyle 0.80 23687.1610000.0025 317465 180000 69.23< 114.29<
Municipality totals Extractive Industry Total Prices 1 $194,831 Extractive Industry Total
Community Services Total Prices 1 $643,500 Community Services Total
Industrial Total Prices 29 $13,416,000 Industrial Total
Primary Production Total Prices 103 $71,746,842 Primary Production Total
Residential Total Prices 1,429 $403,067,700 Residential Total
Commercial Total Prices 50 $42,415,436 Commercial Total
All Sales Total 1,613 All Sales Total $531,484,309
A Guide to Property Values 2019 | Page 240
Residential price statistics 1989 to 2020
South Gippsland Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
73,536 415 72,800 77,106 392 18,600 23,175 1989 32 65,000
74,746 292 74,000 86,000 274 21,000 24,968 1990 20 70,000
76,491 261 84,500 82,050 192 19,000 22,550 1991 22 70,000
79,400 295 86,000 87,480 167 18,000 23,632 1992 25 74,000
78,351 337 72,500 73,080 185 16,750 24,154 1993 30 73,000
81,212 301 82,250 76,344 192 16,000 27,397 1994 34 75,000
81,653 ^ 280 87,000 88,555 148 14,250 37,990 1995 9 ^ 71,750
81,267 315 78,000 80,990 140 15,000 28,138 1996 22 71,500
75,839 370 83,500 105,270 132 13,625 23,577 1997 24 66,000
81,429 385 83,500 101,673 139 14,000 25,488 1998 23 70,000
91,944 369 76,500 83,083 170 18,000 25,701 1999 30 75,000
88,168 487 86,750 139,294 244 17,250 27,332 2000 28 80,000
98,600 631 84,000 101,907 564 20,000 26,898 2001 65 86,500
130,486 603 96,500 104,188 438 44,250 44,797 2002 48 120,000
164,537 592 146,565 159,555 316 67,250 66,666 2003 56 154,000
185,958 448 179,000 167,573 167 69,000 73,135 2004 33 173,333
209,094 376 180,000 187,187 144 79,990 92,441 2005 37 190,000
210,182 370 200,000 213,294 132 78,000 84,756 2006 43 191,000
216,583 520 225,000 207,876 210 85,000 94,672 2007 53 205,000
224,471 406 214,500 206,510 224 89,687 97,141 2008 48 215,500
232,796 504 216,000 215,015 202 92,000 99,656 2009 67 223,500
259,843 486 207,000 207,904 282 102,500 109,932 2010 59 245,000
273,280 416 249,000 255,575 180 109,500 115,178 2011 61 260,000
266,229 371 240,000 274,990 119 100,000 110,942 2012 43 259,000
275,575 407 257,500 257,760 105 115,000 129,665 2013 28 255,000
277,406 395 251,250 238,800 93 103,500 111,952 2014 42 260,000
284,584 454 240,000 235,524 115 106,000 110,611 2015 51 265,000
292,910 499 263,000 255,820 134 112,500 130,913 2016 39 280,000
313,322 526 233,000 239,754 215 110,000 120,683 2017 59 291,000
336,778 569 254,000 264,580 282 115,000 124,965 2018 74 320,000
355,505 463 262,500 261,351 157 129,000 150,210 2019 46 335,000
376,595 ^ 96 309,000 309,166 27 107,500 134,527 2020 9 ^ 363,750
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 241
South Gippsland Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
108.91Bed and Breakfast 108.91 10100.0010100.001 1100000 1100000 53.66< ND
63.47Display Yard 63.47 7090.007090.001 450000 450000 ND ND
780.06Mixed Use Unspec 1647.56 389.50237.007 317571 285000 196.55< 103.64<
1002.31Office Premises Uns 2944.66 721.67506.004 646640 408280 102.07< 333.29<
453.32Pub/Tavern/Club Unsp 2747.31 814.00814.002 369000 369000 136.67< 55.07<
1094.85Retail Sgle Occ Unsp 2203.85 703.75429.504 770500 638000 257.26< 217.38<
421.92Shop 421.92 730.00730.001 308000 308000 ND ND
4383.81Shopping Centre Unsp 4383.81 3262.003262.001 14300000 14300000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
207.15Factory Unsp 363.48 2232.291183.008 466875 330000 112.15< 117.86<
29.40Ind Dev Site 74.33 12683.003229.003 372833 240000 142.01< 57.42<
269.92Warehouse Unspec 265.09 1317.501317.502 355625 355625 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
1.99Cattle Feed Lot 1.99 306054.00306054.001 610000 610000 107.02< ND
1.91DomsticLivestockGraz 1.91 304576.67283590.0024 581920 486188 113.33< 194.48<
1.33GenCrop >20ha Unspec 1.79 798965.00728900.004 1064784 1090467 ND ND
1.34Livestock – Beef 1.19 695943.02438010.0065 929946 780000 107.00< 167.07<
1.90Livestock – Dairy 1.74 494473.00404620.0015 938885 799000 96.00< 115.80<
4.21Livestock – Sheep 4.81 172363.50172363.502 725000 725000 121.85< ND
2.31MixedFarm + infrast 2.64 300131.43232580.007 692571 615000 84.36< 95.35<
1.21MixedFarm&GrazUnsp 3.23 745737.55463893.0011 902889 675000 92.02< 81.36<
2.50Vineyard 2.50 308447.00308447.001 770000 770000 ND NDResidential (SM)($/SM) (SM) ($/SM)
394.27Detached Home Unsp 389.89 901.44763.00460 354943 335000 104.69< 119.64<
174.96Detached Home(exist) 264.12 2524.332177.003 441666 510000 168.60< 178.95<
NAIndividual Car Park NA NANA1 170000 170000 ND ND
19.10Res/Rural Lstyle 31.65 32065.6515010.00197 612365 582500 107.27< 129.44<
NASingle Strata Unit NA NANA2 379000 379000 ND 164.78<
NASingle Strata Unsp NA NANA40 259929 266500 102.90< 98.70<
NAStrata Unit/Flat Uns NA NANA3 200000 160000 64.00< 57.97<
NATownhouse NA NANA1 267000 267000 ND 147.51<
182.48Vac Res A 175.33 758.04673.00144 150611 129000 114.67< 114.67<
65.72Vac Res B 48.45 2217.922064.0013 145769 119000 69.59< 105.78<
13.11Vac Res Rural Lstyle 24.17 18245.4012000.0037 249156 225000 116.88< 112.50<
Municipality totals Industrial Total Prices 13 $5,564,750 Industrial Total
Primary Production Total Prices 130 $110,364,817 Primary Production Total
Residential Total Prices 901 $330,228,981 Residential Total
Commercial Total Prices 21 $24,787,560 Commercial Total
All Sales Total 1,065 All Sales Total $470,946,108
A Guide to Property Values 2019 | Page 242
Residential price statistics 1989 to 2020
Southern Grampians Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
66,898 ^ 224 74,000 103,200 69 9,500 15,979 1989 7 ^ 61,250
67,900 ^ 180 72,000 67,625 49 11,000 18,745 1990 8 ^ 56,500
61,504 ^ 162 75,750 86,187 35 12,150 15,576 1991 8 ^ 56,000
65,542 ^ 189 75,500 120,645 37 11,500 19,629 1992 8 ^ 60,500
72,609 ^ 175 67,500 73,500 31 15,000 23,852 1993 6 ^ 63,500
69,151 186 59,000 57,100 47 12,000 30,939 1994 10 60,000
79,259 ^ 196 84,500 132,675 40 19,250 47,828 1995 6 ^ 62,750
78,619 ^ 170 73,750 73,016 29 18,000 40,489 1996 6 ^ 64,250
80,885 189 80,000 98,772 32 20,750 51,011 1997 11 60,000
72,651 ^ 191 53,000 54,916 33 15,000 36,328 1998 6 ^ 60,500
78,791 ^ 191 70,000 70,600 39 20,000 80,940 1999 5 ^ 66,500
78,499 258 65,500 77,476 46 25,000 29,641 2000 14 62,000
91,129 327 79,000 80,333 86 27,500 30,728 2001 27 72,000
104,120 302 81,750 116,550 92 24,596 28,757 2002 10 86,500
136,906 269 142,500 139,238 95 34,000 37,845 2003 18 125,000
160,409 263 192,500 190,025 66 40,000 43,906 2004 20 150,000
188,661 253 211,750 182,394 54 47,315 53,425 2005 28 177,000
201,448 242 233,950 213,790 40 58,500 55,530 2006 10 178,000
190,024 232 204,750 192,500 44 62,000 64,679 2007 26 178,500
201,780 176 222,500 217,066 24 59,000 61,729 2008 28 185,000
196,203 207 199,345 218,212 31 79,506 85,097 2009 24 178,000
206,210 164 224,000 217,363 20 43,750 58,020 2010 11 185,000
210,166 177 220,000 227,852 31 82,500 83,859 2011 17 200,000
190,366 176 184,500 187,469 21 80,000 72,754 2012 16 177,500
194,222 175 172,000 157,823 19 68,000 66,763 2013 17 185,000
200,571 ^ 182 220,000 255,027 19 66,000 69,418 2014 9 ^ 180,000
204,879 200 207,000 222,538 19 60,000 62,263 2015 13 185,000
221,947 209 195,000 193,714 14 93,000 91,267 2016 14 195,000
198,741 226 175,000 212,341 17 61,000 73,823 2017 18 174,500
220,724 301 170,000 153,345 32 75,000 85,159 2018 13 200,000
221,892 237 197,500 214,718 25 80,000 68,221 2019 32 195,000
239,054 ^ 53 187,500 197,500 4 169,000 254,500 2020 ^ 3 ^^ 235,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 243
Southern Grampians Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
216.67Fuel Outlet/Garage 225.00 1500.001500.002 325000 325000 287.61< ND
200.00Mixed Use Unspec 200.00 1000.001000.001 200000 200000 125.00< ND
767.59Office Premises Uns 457.41 927.251078.504 711750 497500 ND ND
882.10Retail Sgle Occ Unsp 403.11 1027.671190.006 906500 394500 138.42< 207.63<Industrial (SM)($/SM) (SM) ($/SM)
241.80Factory Unsp 247.44 1799.001799.003 440000 450000 ND 86.08<
232.56Ind Dev Site 232.56 1419.001419.001 330000 330000 275.00< 98.51<
38.32Warehouse Unspec 125.82 6801.752921.504 260625 305000 78.21< NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.78DomsticLivestockGraz 0.75 930247.83625000.006 721136 707110 142.16< 240.51<
0.69GenCrop >20ha Unspec 1.19 2217462.621226000.0013 1534584 789602 ND 103.41<
3.21Livestock – Beef 6.94 1678454.171688950.006 5379677 947060 125.56< 249.37<
1.23Livestock – Sheep 0.82 901055.41551100.0039 1105597 877000 144.46< 175.12<
1.29MixedFarm + infrast 2.43 1675100.001675100.002 2156145 2156145 205.54< 295.11<
0.50MixedFarm&GrazUnsp 0.86 2497530.001324010.009 2018898 1140000 234.64< 323.80<
0.34Native Hardwood 0.34 260300.00260300.001 89000 89000 ND NDResidential (SM)($/SM) (SM) ($/SM)
232.77Detached Home Unsp 294.49 945.04798.00236 220735 194500 97.25< 103.46<
231.09Detached Home(exist) 231.09 2142.002142.001 495000 495000 651.32< 217.58<
1.75MisImpRuralLand Unsp 1.75 120000.00120000.001 210000 210000 175.00< 260.87<
NAOYO Sub Dwelling NA NANA1 185000 185000 ND ND
11.82Res/Rural Lstyle 13.00 32357.8310000.0059 382580 395000 103.27< 146.30<
NASingle Strata Unsp NA NANA23 193565 160000 121.67< 82.47<
NAStrata Unit/Flat Uns NA NANA8 279250 300000 176.47< 150.00<
73.67Vac Res A 109.31 892.25800.5020 73301 81000 102.53< 87.10<
23.70Vac Res B 37.07 2021.402023.005 47900 35000 77.78< 45.45<
10.91Vac Res Rural Lstyle 2.20 11104.5610000.0027 121132 134000 108.50< 111.67<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
42.45IndoorSportCent Unsp 42.45 1225.001225.001 52000 52000 ND ND
Municipality totals Sport/Hrtge/Cultural Total Prices 1 $52,000 Sport/Hrtge/Cultural Total
Commercial Total Prices 13 $9,136,000 Commercial Total
Residential Total Prices 381 $87,217,888 Residential Total
Industrial Total Prices 8 $2,692,500 Industrial Total
Primary Production Total Prices 76 $122,244,157 Primary Production Total
All Sales Total 479 All Sales Total $221,342,545
A Guide to Property Values 2019 | Page 244
Residential price statistics 1989 to 2020
Stonnington City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
416,772 919 132,000 186,225 2 73,000 73,000 1989 ^ 1,117 ^ 271,000
380,839 1,001 135,000 182,373 3 67,000 171,500 1990 ^ 1,099 ^ 248,000
333,161 1,067 130,000 178,794 6 78,000 87,000 1991 ^ 1,169 ^ 232,500
325,227 1,085 134,950 184,597 2 89,250 89,250 1992 ^ 1,141 ^ 236,000
313,618 1,159 125,000 164,653 5 60,000 61,000 1993 ^ 1,384 ^ 240,000
377,262 1,336 135,450 185,197 15 90,000 90,478 1994 1,830 283,000
361,637 1,347 144,875 188,483 19 99,000 83,782 1995 1,324 264,100
378,487 1,385 138,000 185,056 16 32,075 49,719 1996 1,538 272,500
448,313 1,736 165,000 211,880 9 65,000 619,024 1997 ^ 2,117 ^ 330,000
487,279 1,456 180,000 240,024 9 107,551 177,116 1998 ^ 1,807 ^ 367,750
578,241 1,472 220,000 276,451 7 26,000 56,036 1999 ^ 1,868 ^ 418,000
635,944 1,269 222,500 282,283 10 90,000 209,645 2000 1,768 455,000
737,412 1,461 300,000 380,356 19 187,500 379,505 2001 2,351 550,000
841,438 1,242 324,500 427,124 7 100,000 97,214 2002 ^ 1,829 ^ 620,000
942,577 1,293 330,000 430,770 2 118,425 118,425 2003 ^ 1,845 ^ 681,000
1,002,384 1,122 335,000 441,869 3 396,000 308,666 2004 ^ 1,559 ^ 700,000
1,073,844 1,192 350,000 474,986 6 145,000 183,900 2005 ^ 1,757 ^ 771,250
1,216,185 1,213 367,250 502,011 7 300,000 235,857 2006 ^ 1,970 ^ 852,500
1,505,478 1,329 421,000 576,492 5 256,300 344,260 2007 ^ 2,464 ^ 1,040,000
1,559,790 951 420,000 526,192 4 124,250 182,775 2008 ^ 1,768 ^ 1,090,000
1,605,437 1,074 450,000 562,562 0 0 0 2009 * 2,426 * 1,200,000
1,772,848 1,067 520,833 636,573 0 0 0 2010 * 2,766 * 1,365,000
1,688,578 989 517,000 651,536 0 0 0 2011 * 2,037 * 1,250,500
1,674,039 961 520,000 641,680 1 372,000 372,000 2012 ^ 2,350 ^ 1,250,000
1,841,734 1,137 560,000 686,136 1 302,500 302,500 2013 ^ 2,728 ^ 1,360,000
2,088,073 1,207 579,000 719,342 2 362,000 362,000 2014 ^ 2,805 ^ 1,566,000
2,466,781 1,194 622,000 805,633 0 0 0 2015 * 3,068 * 1,850,000
2,799,269 1,115 658,425 883,920 1 1,660,000 1,660,000 2016 ^ 2,460 ^ 2,020,000
2,844,670 1,052 648,000 905,149 2 4,342,500 4,342,500 2017 ^ 2,205 ^ 2,045,000
2,919,885 896 625,000 880,697 3 960,000 1,610,666 2018 ^ 1,753 ^ 2,100,000
2,527,040 782 610,750 837,189 1 7,180,000 7,180,000 2019 ^ 1,416 ^ 1,975,000
2,147,953 77 615,000 752,402 0 0 0 2020 * 231 * 1,850,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 245
Stonnington City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NAApartment Hotel Comp NA NANA1 1490790 1490790 ND ND
4484.98Dev Site 4484.98 932.00932.002 2420000 2420000 63.68< 191.30<
3133.85Health Clinic Unsp 25.73 682.33583.005 1820000 1400000 70.83< 155.56<
4194.92Health Surgery 4194.92 354.00354.001 1485000 1485000 ND ND
NAIndiv CarPark Unspe NA NANA1 169070 169070 412.37< 520.22<
6094.67Mixed Use Unspec 8879.78 899.73732.0017 4343701 2100000 125.00< 119.66<
1471.69Office Premises Uns 564.64 1718.721373.0031 2092447 880000 118.52< 146.67<
9577.28Pub/Tavern/Club Unsp 12401.35 757.00757.002 7250000 7250000 402.78< ND
NARes Hotel/Motel Apar NA NANA1 507000 507000 ND ND
7666.35Retail Mult Occ Unsp 5553.00 350.67217.008 3161710 3055000 124.67< 411.45<
2675.03Retail Sgle Occ Unsp 8515.39 646.50196.5032 1863283 1344400 81.48< 85.09<
NAServ Apt/Unit Unsp NA NANA4 1007000 746500 193.90< 238.88<
157.27Serviced Apartments 636.58 5284.831817.0041 818891 590000 42.58< 86.92<
NAShop NA NANA1 505000 505000 40.40< ND
6450.80Shopping Centre Unsp 6450.80 359.00359.001 2315836 2315836 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
2949.08Factory Unsp 2949.08 707.00707.001 2085000 2085000 ND 98.93<
8358.66Warehouse Unspec 8358.66 329.00329.002 2080000 2080000 102.21< 52.72<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA7 798571 590000 31.74< 42.29<
476.19Detached Home (Ind) 476.19 777.00777.001 370000 370000 ND ND
5132.74Detached Home (New) 5132.74 226.00226.001 1160000 1160000 ND ND
5277.51Detached Home Unsp 6365.74 484.76432.00764 2551932 1998750 92.26< 94.15<
NADetached Home(exist) NA NANA1 1430000 1430000 ND 70.79<
NAIndividual Car Park NA NANA56 651547 570500 1141.00< 1690.37<
NAOYO Co Share Unit NA NANA28 759263 572500 23.30< ND
NAOYO Strata Flat NA NANA1 843000 843000 ND ND
NARes Investment Flat NA NANA2 660000 660000 14.47< 27.16<
NARetire Village Unit NA NANA5 742000 450000 30.00< ND
6714.40Semi-detached Unspec 7776.75 246.50218.0015 1501800 1355000 92.26< 102.26<
NASingle Strata Unit NA NANA2 750000 750000 21.58< ND
NASingle Strata Unsp NA NANA543 883379 635000 102.42< 87.67<
25.89Storage Area Res 25.89 1294.001294.001 33500 33500 142.55< 285.11<
NAStrata Dwelling NA NANA2 2095000 2095000 ND 247.93<
NAStrata Unit/Flat Uns NA NANA818 801364 599250 95.88< 96.42<
NATerrace House NA NANA1 1351950 1351950 ND 146.95<
NATownhouse NA NANA8 1482100 1273000 315.10< 211.11<
8358.56Vac Res A 8358.56 859.00859.001 7180000 7180000 747.92< 432.53<
Municipality totals Residential Total Prices 2,257 $3,205,675,867 Residential Total
Industrial Total Prices 3 $6,245,000 Industrial Total
Commercial Total Prices 148 $296,142,803 Commercial Total
All Sales Total 2,408 All Sales Total $3,508,063,670
A Guide to Property Values 2019 | Page 246
Residential price statistics 1989 to 2020
Strathbogie Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
74,940 99 60,500 69,493 112 17,350 21,141 1989 15 68,500
70,659 75 76,600 74,465 55 20,000 20,881 1990 10 65,000
76,476 82 80,000 81,590 37 17,500 20,851 1991 11 75,500
72,683 80 75,000 65,254 31 20,000 34,537 1992 11 66,500
76,046 ^ 111 81,000 79,300 38 20,500 26,756 1993 5 ^ 72,000
69,775 ^ 88 58,000 56,750 29 22,000 45,956 1994 8 ^ 61,500
89,316 ^ 91 77,500 83,416 33 18,000 36,196 1995 6 ^ 75,000
86,235 ^ 100 73,000 70,100 46 25,000 42,704 1996 5 ^ 75,000
85,171 105 63,500 76,625 38 18,000 32,756 1997 12 74,100
83,441 116 70,000 72,875 34 21,250 33,781 1998 12 68,250
96,260 109 71,000 71,705 39 18,500 26,130 1999 17 81,000
93,729 129 78,000 77,331 34 18,000 26,897 2000 19 85,000
96,302 138 95,000 103,921 43 20,000 24,434 2001 19 88,500
123,851 146 93,000 88,944 56 22,250 31,693 2002 19 104,000
137,306 135 118,000 118,142 66 25,000 29,433 2003 14 135,000
172,762 135 152,750 137,450 72 50,350 49,444 2004 10 155,000
170,719 138 155,000 155,636 29 68,000 85,293 2005 11 156,500
188,396 152 172,500 205,508 51 75,000 69,881 2006 14 175,000
198,837 138 165,000 187,847 38 80,000 79,804 2007 22 185,000
210,140 111 177,500 180,966 21 75,000 73,404 2008 15 182,000
209,111 154 192,500 192,272 44 70,250 71,170 2009 22 185,000
246,670 142 247,000 233,409 41 77,000 84,896 2010 22 226,000
227,008 118 222,500 243,000 42 90,500 101,033 2011 12 212,500
229,940 144 191,500 200,464 52 84,500 99,423 2012 28 220,000
258,202 158 195,000 206,558 37 88,000 93,292 2013 17 238,750
258,561 138 227,500 234,000 53 106,000 100,166 2014 22 246,000
292,293 131 280,000 274,526 49 95,000 96,469 2015 19 245,000
303,907 140 225,000 202,083 67 111,000 107,417 2016 24 279,000
301,611 170 241,500 223,954 67 105,000 114,862 2017 22 288,750
320,878 156 260,000 279,810 73 115,000 120,260 2018 29 310,000
364,518 157 250,000 297,860 29 115,000 153,620 2019 25 338,000
353,261 ^ 21 162,500 240,285 13 153,000 168,538 2020 7 ^ 360,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 247
Strathbogie Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
4653.85Dev Site 4653.85 65.0065.001 302500 302500 137.50< ND
162.64Hotel/Motel Unsp 231.91 4181.004181.002 680000 680000 77.71< 61.82<
451.94Pub/Tavern/Club Unsp 451.94 697.00697.001 315000 315000 22.50< ND
1045.00Retail Sgle Occ Unsp 1045.00 400.00400.001 418000 418000 110.00< 169.57<Industrial (SM)($/SM) (SM) ($/SM)
111.25Ind Dev Site 111.25 809.00809.001 90000 90000 ND 138.46<Primary Production (SM)($/SM) (SM) ($/SM)
0.93DomsticLivestockGraz 0.60 615579.81420000.0028 566364 422570 88.04< 102.44<
0.61GenCrop >20ha Unspec 0.69 1612559.881085000.008 984437 615000 94.33< 164.68<
136.19Kennel/Cattery 136.19 8077.008077.001 1100000 1100000 ND ND
1.12Livestock – Beef 3.14 676116.80366531.005 759000 470000 118.99< 247.37<
1.13Livestock – Sheep 0.75 1055476.56495900.009 1189748 615000 143.86< 186.36<
0.32MixedFarm no infrast 0.32 827353.00827353.001 265840 265840 151.91< 162.35<
1.08MixedFarm&GrazUnsp 1.24 755361.53450000.0018 811201 570080 122.61< 139.38<Residential (SM)($/SM) (SM) ($/SM)
1000.00Detached Home (New) 1000.00 510.00510.001 510000 510000 127.50< 129.11<
262.47Detached Home Unsp 282.50 1357.301000.00155 361577 332000 108.85< 121.83<
562.50Detached Home(exist) 562.50 1200.001200.001 675000 675000 180.00< 249.31<
8.21Res/Rural Lstyle 7.33 51425.7730000.0054 426796 400000 95.01< 110.19<
NASingle Strata Unsp NA NANA19 300868 250000 100.70< 98.04<
NAStrata Unit/Flat Uns NA NANA6 288333 252500 92.49< 177.19<
165.22Vac Res A 103.46 947.25862.0020 167975 126500 107.66< 113.96<
51.79Vac Res B 48.45 2350.442064.009 121722 100000 110.80< 86.96<
4.05Vac Res Rural Lstyle 2.84 33905.1220400.0025 137300 115000 83.94< 109.52<
Municipality totals Commercial Total Prices 5 $2,395,500 Commercial Total
Residential Total Prices 290 $95,610,450 Residential Total
Industrial Total Prices 1 $90,000 Industrial Total
Primary Production Total Prices 70 $54,203,897 Primary Production Total
All Sales Total 366 All Sales Total $152,299,847
A Guide to Property Values 2019 | Page 248
Residential price statistics 1989 to 2020
Surf Coast Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
127,932 359 81,500 113,901 345 38,000 47,272 1989 54 115,000
132,487 260 92,500 113,349 272 43,500 51,735 1990 58 120,000
142,773 224 116,000 125,367 209 45,000 51,770 1991 49 119,500
134,049 220 94,500 98,866 163 41,500 52,144 1992 53 125,000
132,348 276 115,750 127,690 250 47,000 55,245 1993 64 123,000
143,587 356 112,500 121,238 267 45,500 58,870 1994 54 128,000
138,845 319 92,000 105,139 224 43,000 56,382 1995 52 122,500
137,122 334 105,000 122,865 176 41,400 53,989 1996 53 122,500
146,253 463 105,000 127,957 447 38,000 47,211 1997 71 129,000
156,994 556 124,500 147,960 344 46,750 59,597 1998 114 135,750
174,388 583 178,000 200,134 456 52,000 58,720 1999 151 146,000
212,640 581 195,750 240,517 304 65,000 69,043 2000 154 185,000
263,644 658 253,225 269,013 435 96,000 106,422 2001 164 245,000
362,589 631 295,000 321,571 237 145,000 141,941 2002 119 315,000
388,751 565 345,000 437,416 234 165,000 167,483 2003 117 345,000
421,019 555 340,500 403,053 244 175,000 184,866 2004 156 380,000
452,077 568 395,000 480,563 244 179,000 185,972 2005 174 387,500
463,710 534 420,000 473,636 244 185,000 196,769 2006 175 400,000
495,685 710 390,000 445,390 351 200,000 213,126 2007 194 447,750
538,948 482 480,000 522,185 250 210,000 225,825 2008 169 481,000
549,008 588 440,000 533,235 307 210,000 217,878 2009 185 489,000
627,603 629 450,000 489,382 358 243,000 260,510 2010 168 550,000
638,393 520 464,500 507,843 155 284,000 317,099 2011 146 577,500
641,705 471 460,000 512,000 138 255,000 285,640 2012 111 570,000
640,112 604 440,000 476,784 213 245,000 268,994 2013 162 586,000
666,301 618 460,000 491,145 292 245,000 271,152 2014 149 599,499
716,615 724 487,500 530,936 356 255,000 274,648 2015 142 630,000
723,422 687 510,000 537,500 480 269,000 313,414 2016 129 670,000
821,448 732 599,000 611,315 662 291,000 310,113 2017 153 750,000
907,149 534 657,000 678,931 353 358,000 374,419 2018 148 825,000
923,878 520 645,000 682,415 197 425,000 466,173 2019 113 835,000
1,096,487 91 675,000 678,529 32 463,500 506,700 2020 17 880,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 249
Surf Coast Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
1016.01Fuel Outlet/Garage 1016.01 6496.006496.001 6600000 6600000 ND ND
NAHotel/Motel Unsp NA NANA1 400000 400000 ND 37.74<
98.16Mixed Use Unspec 180.34 6354.506354.503 573133 471900 ND ND
295.86Office Premises Uns 295.86 2028.002028.001 600000 600000 94.86< ND
NARetail Mult Occ Unsp NA NANA1 700000 700000 254.55< 66.04<
1274.31Retail Sgle Occ Unsp 8627.05 785.00244.005 1324623 792116 90.92< 80.01<
44.25Serviced Apartments 191.45 8813.008813.002 390000 390000 ND ND
467.15Vehicle Sales Centre 467.15 1370.001370.001 640000 640000 ND NDExtractive Industry (SM)($/SM) (SM) ($/SM)
1.64Quarry Soil 1.64 330435.00330435.001 541125 541125 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1444.87Factory Unsp 2440.47 394.50215.005 596000 530200 84.26< 83.83<
748.86Ind Dev Site 753.79 1869.001516.004 1399625 954250 102.06< 228.29<
934.76Warehouse Unspec 2383.65 763.67218.005 676334 519635 119.23< 111.90<Primary Production (SM)($/SM) (SM) ($/SM)
3.27DomsticLivestockGraz 2.22 730965.33454806.5012 2390427 1750000 125.00< 110.76<
2.26GenCrop >20ha Unspec 3.57 909890.00335666.003 2059100 1200000 79.34< 40.68<
2.16Horse Unspecified 2.16 320200.00320200.001 690938 690938 52.34< 55.28<
2.28Livestock – Beef 2.50 452706.00456850.007 1045714 1000000 50.00< 57.14<
1.86Livestock – Dairy 1.51 622639.33639025.003 1160000 965000 21.93< ND
3.78MixedFarm + infrast 6.90 574180.13435544.008 2173125 1622500 136.06< 103.84<
0.59MixedFarm no infrast 0.59 320200.00320200.001 189061 189061 8.42< 15.62<
1.67MixedFarm&GrazUnsp 3.16 674884.83323466.006 1125116 995000 79.92< 112.43<
44.80Vineyard 44.80 34600.0034600.001 1550000 1550000 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACabin/Accommodation NA NANA1 280000 280000 ND ND
563.97Detached Home (New) 643.38 594.00544.005 800000 350000 41.92< 57.38<
1241.14Detached Home Unsp 1321.61 753.79657.00506 933468 840000 101.76< 124.81<
312.39Detached Home(exist) 356.32 875.50856.005 277200 295000 75.45< 45.83<
NAIndividual Car Park NA NANA1 660000 660000 ND ND
NAOYO Stratum Flat NA NANA1 325000 325000 ND ND
30.08Res/Rural Lstyle 33.51 41050.9118800.0075 1234837 1100000 110.00< 109.45<
1699.35Semi-detached Unspec 1699.35 612.00612.004 673842 632685 92.37< ND
NASingle Strata Unit NA NANA1 475000 475000 81.31< ND
NASingle Strata Unsp NA NANA64 675864 638000 101.27< 119.25<
NAStrata Unit/Flat Uns NA NANA44 679628 667000 95.29< 141.91<
NATownhouse NA NANA2 879500 879500 82.97< 224.36<
785.22Vac Res A 871.08 581.53516.50186 459199 420000 117.32< 156.13<
237.97Vac Res B 166.93 2454.452486.0011 584090 600000 147.24< 144.58<
22.83Vac Res Rural Lstyle 113.63 30066.619923.5018 686433 515250 95.42< 127.22<
NAVilla Unit NA NANA1 1395000 1395000 ND ND
Municipality totals Industrial Total Prices 14 $11,960,170 Industrial Total
Extractive Industry Total Prices 1 $541,125 Extractive Industry Total
Primary Production Total Prices 42 $72,228,124 Primary Production Total
Commercial Total Prices 15 $18,062,516 Commercial Total
Residential Total Prices 925 $755,274,313 Residential Total
All Sales Total 997 All Sales Total $858,066,248
A Guide to Property Values 2019 | Page 250
Residential price statistics 1989 to 2020
Swan Hill Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
75,591 273 66,000 75,258 123 21,000 22,331 1989 31 69,500
76,946 218 81,000 85,480 66 18,000 20,408 1990 15 74,000
74,255 208 79,750 83,944 56 24,500 25,832 1991 18 71,250
74,186 224 82,000 83,000 61 27,500 28,230 1992 33 70,000
80,990 302 74,000 83,486 55 26,387 31,756 1993 24 76,500
79,940 257 82,900 77,362 69 25,500 26,912 1994 33 75,000
84,099 228 80,000 84,005 71 22,000 33,017 1995 46 75,000
85,514 248 82,500 86,842 65 25,000 61,032 1996 21 80,500
87,222 301 80,500 85,177 65 25,000 38,346 1997 44 80,000
86,049 269 96,250 96,833 69 34,000 50,509 1998 36 82,500
94,305 291 89,750 85,935 80 32,000 30,852 1999 32 87,000
101,836 298 105,000 104,769 60 32,500 35,766 2000 51 93,750
108,136 348 106,750 106,338 92 38,500 41,150 2001 48 94,500
126,103 326 112,500 119,908 82 36,500 40,897 2002 48 120,000
144,846 338 158,500 175,091 70 41,590 47,846 2003 58 138,250
156,696 295 158,000 181,648 75 51,000 52,515 2004 37 153,000
186,892 291 157,000 164,307 72 57,000 61,343 2005 54 177,000
199,814 281 183,000 179,605 74 60,000 72,876 2006 51 187,000
202,126 277 214,000 198,237 61 70,000 69,599 2007 62 187,000
203,157 208 194,500 207,995 62 52,750 52,256 2008 38 186,000
208,230 255 180,000 187,602 117 65,000 67,749 2009 48 200,000
223,105 217 200,000 208,534 59 80,500 79,897 2010 45 210,000
212,116 197 194,000 198,976 55 70,400 82,117 2011 42 208,000
219,558 224 189,000 180,223 46 79,985 80,897 2012 38 205,000
211,755 273 184,000 189,592 53 78,100 77,052 2013 47 200,000
215,933 246 178,750 193,298 58 76,750 77,805 2014 52 208,500
236,764 260 188,000 203,064 57 81,500 79,946 2015 58 216,000
242,990 269 230,000 228,828 40 50,000 72,369 2016 35 240,000
239,068 317 222,500 212,092 49 100,000 90,996 2017 38 225,000
265,439 293 206,000 214,617 47 108,000 110,774 2018 47 241,000
272,979 266 246,500 256,345 53 104,000 101,570 2019 42 260,000
296,335 ^ 44 302,500 278,750 13 110,000 104,461 2020 4 ^ 278,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 251
Swan Hill Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
31.84Dev Site 31.84 5182.005182.001 165000 165000 46.69< 80.49<
1967.21Hotel/Motel Unsp 1967.21 427.00427.002 840000 840000 ND 53.33<
303.23Mixed Use Unspec 303.23 1578.001578.001 478500 478500 217.50< ND
519.59Office Premises Uns 808.30 434.00434.002 225500 225500 ND ND
329.58Retail Mult Occ Unsp 329.58 1244.001244.002 475000 475000 16.96< ND
438.23Retail Sgle Occ Unsp 508.66 473.50441.004 207500 225000 133.14< 74.07<
260.87Vehicle Sales Centre 260.87 2300.002300.001 600000 600000 ND 165.19<Industrial (SM)($/SM) (SM) ($/SM)
118.38Factory Unsp 193.68 4435.004435.002 525000 525000 147.89< 170.25<
33.18Ind Dev Site 35.29 3890.503890.503 218060 150000 92.26< 103.45<
152.34Warehouse Unspec 232.88 7412.505975.004 1129250 1250000 609.76< 413.22<Primary Production (SM)($/SM) (SM) ($/SM)
2.16DomsticLivestockGraz 5.36 101325.0046700.008 218937 154000 61.60< ND
0.40GenCrop >20ha Unspec 0.25 1973928.711952825.0024 785940 714142 170.03< 124.63<
0.55Livestock – Dairy 0.55 1460000.001460000.001 800000 800000 ND ND
0.77Livestock – Sheep 0.77 521500.00521500.001 400000 400000 50.51< ND
8.52MixedFarm + infrast 8.52 231300.00231300.001 1970935 1970935 ND ND
0.98MixedFarm no infrast 0.98 2100307.002100307.001 2065001 2065001 ND ND
1.17MixedFarm&GrazUnsp 0.23 3063400.001292700.005 3593000 300000 61.17< 96.52<
4.03Orchard Plantations 4.03 71900.0071900.001 290000 290000 111.54< 111.54<
1.90Plant/Tree Nursery 1.90 84100.0084100.001 160000 160000 137.14< ND
2.09Vineyard 6.42 475155.50108250.0010 991966 1125000 187.50< 225.00<Residential (SM)($/SM) (SM) ($/SM)
310.19Detached Home Unsp 371.85 867.73753.00264 272926 260000 108.11< 107.44<
371.29Detached Home(exist) 371.29 1010.001010.001 375000 375000 93.75< 184.73<
67.33Res Land (WithBuild) 67.33 1010.001010.001 68000 68000 ND ND
10.39Res/Rural Lstyle 33.32 38246.7014724.5050 397275 344000 104.24< 110.61<
318.42Semi-detached Unspec 318.42 581.00581.001 185000 185000 ND 44.58<
NASingle Strata Unsp NA NANA33 248500 250000 118.48< 108.70<
NAStrata Unit/Flat Uns NA NANA9 285111 231000 114.07< 142.59<
105.95Vac Res A 191.59 899.22809.0048 96305 100500 99.50< 201.00<
64.92Vac Res B 0.74 2343.202020.005 152118 165000 97.06< 1100.00<
3.55Vac Res Rural Lstyle 12.81 49100.4412100.009 174444 155000 63.27< 116.98<
Municipality totals Primary Production Total Prices 53 $54,184,675 Primary Production Total
Industrial Total Prices 9 $6,221,182 Industrial Total
Residential Total Prices 421 $110,264,036 Residential Total
Commercial Total Prices 13 $5,154,500 Commercial Total
All Sales Total 496 All Sales Total $175,824,393
A Guide to Property Values 2019 | Page 252
Residential price statistics 1989 to 2020
Towong Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
57,720 ^ 69 96,250 96,250 46 11,750 24,176 1989 2 ^ 55,000
60,287 ^ 48 35,000 49,928 27 18,000 25,545 1990 7 ^ 62,000
70,370 ^ 46 34,500 34,500 10 32,500 33,650 1991 2 ^ 61,500
74,183 ^ 62 30,000 32,833 16 29,250 28,171 1992 3 ^ 64,500
81,720 ^ 50 23,250 23,250 18 15,000 20,350 1993 2 ^ 74,500
70,037 ^ 83 60,500 60,500 10 16,500 23,570 1994 2 ^ 67,000
69,192 ^ 62 43,200 43,200 15 35,000 42,446 1995 1 ^ 57,500
68,486 ^ 86 24,000 28,000 17 27,400 38,141 1996 4 ^ 57,250
86,858 * 67 0 0 25 33,000 37,368 1997 0 * 65,000
65,172 * 57 0 0 24 20,000 25,525 1998 0 * 53,000
74,016 ^ 54 90,000 90,000 7 33,000 39,785 1999 ^ 1 ^^ 58,000
74,741 * 87 0 0 30 12,500 19,265 2000 0 * 65,000
90,652 ^ 99 27,000 27,000 19 27,275 27,040 2001 1 ^ 72,500
92,454 ^ 75 78,000 85,350 34 36,500 39,538 2002 5 ^ 85,000
114,534 ^ 96 240,000 207,845 52 19,500 28,958 2003 5 ^ 99,000
137,645 ^ 72 95,000 81,600 57 25,000 47,997 2004 5 ^ 120,000
154,090 ^ 91 94,500 138,500 15 20,000 37,093 2005 4 ^ 140,000
176,714 ^ 77 52,000 62,250 27 60,000 64,896 2006 4 ^ 160,000
169,920 ^ 70 63,000 68,000 36 22,250 35,746 2007 4 ^ 160,000
173,164 ^ 56 113,500 113,500 20 46,602 61,820 2008 2 ^ 150,357
177,421 ^ 57 130,000 150,000 12 54,800 59,458 2009 3 ^ 160,000
168,188 ^ 59 220,000 236,666 22 44,494 72,613 2010 3 ^ 140,000
202,361 ^ 67 68,000 127,000 20 45,000 56,400 2011 5 ^ 165,200
180,856 ^ 73 220,000 163,300 25 40,000 48,193 2012 5 ^ 160,002
183,740 * 77 0 0 15 50,000 72,183 2013 0 * 160,000
177,844 ^ 66 152,000 152,000 18 35,375 55,088 2014 2 ^ 170,000
217,194 ^ 72 176,000 182,150 9 50,000 53,500 2015 ^ 4 ^^ 206,250
206,743 ^ 77 172,500 170,750 18 58,000 67,244 2016 4 ^ 196,000
228,531 ^ 64 194,000 168,333 9 50,000 61,000 2017 ^ 3 ^^ 215,500
245,108 ^ 76 212,000 170,000 15 51,000 56,100 2018 3 ^ 238,000
228,333 ^ 66 181,000 166,000 14 49,750 58,357 2019 4 ^ 230,000
412,300 * 15 0 0 2 28,500 28,500 2020 ^ 0 ^* 230,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 253
Towong Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
70.62Fuel Outlet/Garage 70.62 708.00708.001 50000 50000 ND 45.45<
14.76Hotel/Motel Unsp 14.76 21000.0021000.001 310000 310000 ND 54.39<
460.00Mixed Use Unspec 400.00 166.67200.003 76666 80000 ND ND
114.31Pub/Tavern/Club Unsp 114.31 4374.004374.001 500000 500000 ND ND
75.00Retail Sgle Occ Unsp 75.00 1400.001400.001 105000 105000 53.85< 175.00<
29.01Tourist Park/Caravan 29.01 16200.0016200.001 470000 470000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
239.42Place of Worship 239.42 449.00449.001 107500 107500 ND 67.61<Primary Production (SM)($/SM) (SM) ($/SM)
0.70DomsticLivestockGraz 0.32 1033947.37735800.0019 722266 255000 63.75< 56.92<
1.54GenCrop >20ha Unspec 2.04 1285304.00831912.004 1533375 1069750 164.58< ND
0.87Livestock – Beef 0.92 1279678.74741900.0019 1108905 584651 233.86< 170.95<
3.63Livestock – Dairy 1.76 289536.75331800.004 1050000 765000 159.38< 90.00<
0.56MixedFarm&GrazUnsp 1.74 1452446.40374202.005 816786 650000 136.84< 104.84<Residential (SM)($/SM) (SM) ($/SM)
204.14Detached Home Unsp 307.81 1118.52800.0066 228333 230000 94.65< 115.00<
8.45Res/Rural Lstyle 22.42 49792.8920050.0036 420894 370500 100.14< 103.93<
NASingle Strata Unsp NA NANA2 181000 181000 241.33< 76.21<
NAStrata Unit/Flat Uns NA NANA1 232000 232000 106.67< 223.08<
NATownhouse NA NANA1 70000 70000 ND ND
43.07Vac Res A 4.96 1028.001008.0013 49384 49500 98.02< 88.39<
60.53Vac Res B 60.53 2891.002891.001 175000 175000 343.14< 109.38<
7.56Vac Res Rural Lstyle 12.48 33582.5010200.006 253983 127500 85.57< 72.86<
Municipality totals Commercial Total Prices 8 $1,665,000 Commercial Total
Community Services Total Prices 1 $107,500 Community Services Total
Residential Total Prices 126 $33,227,100 Residential Total
Primary Production Total Prices 51 $49,209,702 Primary Production Total
All Sales Total 186 All Sales Total $84,209,302
A Guide to Property Values 2019 | Page 254
Residential price statistics 1989 to 2020
Wangaratta Rural City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
86,262 341 81,000 98,371 82 24,750 28,989 1989 39 77,500
93,199 265 77,000 84,034 70 29,500 30,675 1990 38 84,000
94,231 254 82,000 97,272 51 30,000 30,170 1991 33 86,250
93,541 243 80,000 83,583 56 34,750 33,655 1992 30 84,000
94,120 310 70,000 76,052 62 34,130 36,200 1993 45 85,000
96,816 347 85,000 93,363 73 36,000 47,642 1994 45 92,000
95,588 299 78,000 98,961 65 40,000 42,536 1995 23 87,500
102,077 312 90,500 93,310 59 44,500 59,711 1996 32 90,775
95,664 339 87,500 89,317 46 38,250 53,519 1997 42 90,000
102,047 302 80,000 81,643 85 37,000 52,438 1998 31 91,500
100,524 300 76,500 86,007 64 37,625 42,869 1999 26 91,000
105,347 341 85,000 86,116 52 40,500 42,478 2000 37 97,500
114,627 414 101,250 103,362 88 47,750 52,106 2001 56 110,000
134,559 486 92,500 98,198 105 52,500 55,196 2002 82 126,750
158,820 433 108,500 129,310 119 64,000 71,321 2003 50 149,000
186,462 405 153,750 162,250 151 75,000 69,936 2004 64 174,000
212,431 386 157,750 172,460 89 78,000 81,098 2005 70 200,000
224,896 342 177,500 184,681 116 90,000 97,598 2006 80 215,000
237,219 401 174,950 182,734 95 100,000 102,760 2007 78 220,000
227,389 319 174,950 203,270 58 86,500 96,545 2008 44 215,000
237,660 363 175,000 179,171 119 95,000 101,604 2009 77 228,000
258,327 321 182,250 192,990 125 117,000 118,804 2010 70 242,000
251,667 287 187,237 202,511 98 120,000 128,263 2011 56 245,000
245,751 336 150,667 168,793 118 109,000 112,855 2012 59 235,013
254,614 392 175,500 195,964 130 125,000 121,300 2013 64 238,000
270,185 397 210,030 214,321 109 121,001 130,988 2014 69 254,000
282,939 412 210,000 206,524 108 130,000 133,983 2015 60 270,000
287,286 433 200,000 210,304 85 130,000 135,185 2016 63 270,000
285,167 403 192,000 222,212 105 150,000 153,039 2017 51 270,000
331,102 423 202,500 221,258 103 160,000 162,478 2018 60 315,000
338,408 427 229,500 246,947 113 147,000 154,306 2019 55 319,000
345,879 ^ 86 252,000 256,666 21 165,000 161,551 2020 9 ^ 326,250
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 255
Wangaratta Rural City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
650.18CarPark – OpenAir 650.18 546.00546.001 355000 355000 ND ND
664.21Health Clinic Unsp 664.21 679.00679.001 451000 451000 132.65< 65.84<
1223.49Health Surgery 1223.49 613.00613.001 750000 750000 151.52< 220.59<
605.98Mixed Use Unspec 648.01 635.33679.003 385000 400000 73.06< ND
1659.48Multi Use FuelOutlet 1659.48 232.00232.001 385000 385000 ND ND
299.79Office Premises Uns 349.03 1431.001232.003 429000 430000 94.51< 89.58<
441.76Pub/Tavern/Club Unsp 441.76 9281.009281.001 4100000 4100000 2411.76< 170.83<
414.45Retail Sgle Occ Unsp 300.00 1165.401000.006 526000 502500 291.30< 152.27<
662.23Shopping Centre Unsp 662.23 12458.0012458.001 8250000 8250000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
61.63Bulk Grain (Stuct) 61.63 5679.005679.001 350000 350000 ND ND
226.33Factory Unsp 383.11 1980.001392.004 448125 425000 184.78< 70.37<
6.09Ind Dev Site 56.93 53551.853285.0013 326257 187000 136.00< 68.00<
61.17Warehouse Unspec 133.78 9179.675550.009 561500 235000 63.51< 71.76<Primary Production (SM)($/SM) (SM) ($/SM)
1.55DomsticLivestockGraz 1.65 412581.08394521.0013 639153 650000 120.37< 138.44<
1.81GenCrop >20ha Unspec 1.81 360000.00360000.001 650000 650000 ND 196.97<
1.36Livestock – Beef 0.84 722599.91536447.0023 985065 933000 150.48< 219.79<
2.00Livestock – Dairy 2.00 210000.00210000.001 420000 420000 ND 60.87<
0.85Livestock – Sheep 0.77 378604.50463741.004 320000 342500 84.57< 106.70<
0.36MixedFarm&GrazUnsp 1.04 1394716.64528200.0011 507227 445000 76.72< 80.91<
1.35Orchard Plantations 1.35 482000.00482000.001 650000 650000 110.17< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 355000 355000 ND ND
339.25Detached Home Unsp 439.29 995.41700.00425 337220 319000 101.27< 118.15<
108.60Detached Home(exist) 108.60 3835.003835.001 416500 416500 86.14< 136.33<
11.06Res/Rural Lstyle 32.04 46632.5816750.0084 515763 498000 96.23< 115.81<
NARetire Village Unit NA NANA4 141000 138000 102.22< 95.83<
NASemi-detached Unspec NA NANA1 765000 765000 ND 352.53<
NASingle Strata Unsp NA NANA40 229827 227250 109.52< 105.70<
NAStrata Unit/Flat Uns NA NANA9 345000 320000 149.18< 180.28<
NATownhouse NA NANA1 365000 365000 ND 213.92<
220.46Vac Res A 239.03 654.19671.5090 147554 142750 98.45< 109.81<
75.08Vac Res B 89.01 2407.132011.0023 180726 186800 107.36< 105.54<
10.00Vac Res Rural Lstyle 35.51 25077.805913.0015 250653 230000 115.00< 135.29<Sport/Hrtge/Cultural (SM)($/SM) (SM) ($/SM)
445.99IndoorSportCent Unsp 445.99 2018.002018.001 900000 900000 ND ND
Municipality totals Sport/Hrtge/Cultural Total Prices 1 $900,000 Sport/Hrtge/Cultural Total
Industrial Total Prices 27 $11,437,350 Industrial Total
Primary Production Total Prices 54 $39,545,000 Primary Production Total
Residential Total Prices 694 $222,602,962 Residential Total
Commercial Total Prices 18 $19,889,000 Commercial Total
All Sales Total 794 All Sales Total $294,374,312
A Guide to Property Values 2019 | Page 256
Residential price statistics 1989 to 2020
Warrnambool City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
92,386 443 66,500 80,211 120 23,950 29,732 1989 120 85,000
96,012 359 72,000 78,913 142 23,750 27,774 1990 129 87,000
94,791 341 75,000 91,895 192 23,000 27,526 1991 105 87,000
93,197 401 77,810 79,399 173 26,750 28,380 1992 134 88,000
99,641 411 80,000 81,777 188 26,000 27,509 1993 105 92,000
105,397 414 86,000 93,705 199 27,500 29,982 1994 100 98,000
106,074 388 85,000 88,687 140 28,000 32,772 1995 100 95,000
108,810 435 80,000 79,656 109 28,000 30,270 1996 76 97,000
113,790 491 81,500 87,759 125 29,900 35,387 1997 120 103,500
116,578 460 85,000 90,262 186 30,000 35,765 1998 114 110,000
124,103 519 88,000 97,731 172 32,875 38,177 1999 126 118,000
138,479 561 100,000 111,088 163 40,000 42,519 2000 135 126,000
158,982 610 120,000 119,901 252 43,000 46,168 2001 203 145,500
199,383 534 145,250 153,563 273 52,000 55,224 2002 218 180,000
236,677 533 179,900 187,814 271 65,000 68,838 2003 181 229,990
255,488 462 198,000 205,648 199 85,000 87,855 2004 163 240,000
271,703 603 200,000 225,015 191 95,000 97,137 2005 167 252,000
286,451 575 211,000 219,774 168 114,000 110,786 2006 139 268,000
301,858 559 235,000 280,147 186 130,000 132,898 2007 176 280,000
319,669 471 216,000 231,268 110 125,000 128,537 2008 131 295,000
310,730 576 220,000 228,363 254 125,000 132,140 2009 167 292,000
348,464 491 259,000 265,359 224 130,000 141,116 2010 149 320,000
340,596 430 255,000 277,509 186 130,000 134,869 2011 135 322,000
334,409 458 255,000 258,702 135 135,000 142,443 2012 123 316,500
341,442 448 257,500 295,058 143 139,900 143,767 2013 128 325,000
347,416 467 259,000 280,489 171 145,000 146,284 2014 127 320,000
349,805 561 256,500 266,393 152 140,000 142,623 2015 139 330,000
347,547 548 250,500 265,746 133 150,000 153,678 2016 117 322,000
353,044 593 258,000 280,698 144 150,000 158,842 2017 155 330,000
370,157 618 255,000 278,570 126 148,000 164,186 2018 139 350,000
399,187 541 280,000 307,196 190 150,000 201,173 2019 169 370,000
414,455 115 274,500 300,729 36 140,000 159,625 2020 24 395,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 257
Warrnambool City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
725.35Dev Site 725.35 1562.001562.001 1133000 1133000 220.21< ND
4226.49Health Clinic Unsp 3473.11 494.50494.502 2090000 2090000 ND 594.59<
795.23Health Surgery 795.23 1006.001006.001 800000 800000 ND ND
1500.00Mixed Use Unspec 1500.00 280.00280.003 673333 600000 114.29< ND
1315.87Office Premises Uns 1785.71 623.67616.004 780500 753500 166.15< 127.36<
979.77Retail Mult Occ Unsp 1321.32 791.00791.002 775000 775000 15.50< ND
1487.58Retail Sgle Occ Unsp 5116.96 660.00342.005 981800 619000 149.16< 161.67<
383.41Veterinary Clinic 383.41 2543.002543.001 975000 975000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
239.12Food ProcessingUnsp 239.12 8364.008364.001 2000000 2000000 ND ND
154.02Ind Dev Site 143.00 2792.202000.005 430045 286000 86.67< 113.04<
140.03Warehouse Unspec 173.84 2693.253040.008 377137 240600 165.93< 46.58<Primary Production (SM)($/SM) (SM) ($/SM)
3.41DomsticLivestockGraz 6.80 193411.50193411.502 659800 659800 ND ND
4.02Livestock – Beef 8.86 314638.00208866.003 1264612 1189800 134.44< 183.05<
0.81Livestock – Dairy 0.81 121100.00121100.001 98065 98065 ND NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA1 385000 385000 481.25< 76.62<
550.17Detached Home Unsp 559.76 728.78661.00534 399757 370000 105.71< 113.85<
236.01Detached Home(exist) 236.01 1394.001394.001 329000 329000 ND 107.87<
NAIndividual Car Park NA NANA1 105000 105000 105.00< ND
19.30Res/Rural Lstyle 36.80 38167.3618069.0025 736752 685000 108.09< 167.07<
NARetire Village Unit NA NANA1 275000 275000 ND ND
1632.64Semi-detached Unspec 1761.36 197.00176.006 360148 322500 83.77< 71.27<
NASingle Strata Unit NA NANA2 204000 204000 ND ND
NASingle Strata Unsp NA NANA124 286902 271250 113.26< 107.53<
NAStrata Unit/Flat Uns NA NANA38 373747 318500 99.53< 134.11<
NATownhouse NA NANA1 280000 280000 280.00< 108.11<
267.73Vac Res A 190.90 737.91681.00184 197111 149000 101.36< 99.33<
157.01Vac Res B 160.63 2074.672065.006 325750 331250 110.42< 142.47<
21.87Vac Res Rural Lstyle 18.28 18925.9010418.0011 398627 245000 90.74< 122.50<
NAVilla Unit NA NANA2 395000 395000 ND ND
Municipality totals Industrial Total Prices 14 $7,167,325 Industrial Total
Residential Total Prices 937 $329,008,292 Residential Total
Commercial Total Prices 19 $18,689,000 Commercial Total
Primary Production Total Prices 6 $5,211,503 Primary Production Total
All Sales Total 976 All Sales Total $360,076,120
A Guide to Property Values 2019 | Page 258
Residential price statistics 1989 to 2020
Wellington Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
73,907 770 57,250 55,409 507 12,000 16,298 1989 76 66,000
75,363 507 60,000 65,463 382 11,625 15,176 1990 64 66,000
77,368 659 56,000 57,769 282 13,500 18,369 1991 69 73,000
71,970 591 60,000 61,751 287 14,000 21,081 1992 67 63,500
76,112 628 60,165 62,275 311 12,000 29,483 1993 84 65,000
78,180 683 68,850 64,653 267 11,000 16,669 1994 88 70,000
81,626 610 69,000 69,896 242 14,500 22,917 1995 71 71,500
83,100 567 62,000 62,483 212 14,000 28,836 1996 70 70,000
89,283 653 70,000 72,362 227 16,000 32,540 1997 77 77,000
80,533 536 66,750 67,650 198 11,000 21,129 1998 56 70,000
82,198 494 70,000 71,453 164 16,000 23,505 1999 57 73,000
85,511 717 63,000 69,857 225 12,000 21,560 2000 77 76,000
90,037 903 66,000 73,999 362 15,000 23,510 2001 102 78,000
101,393 1,078 78,250 81,326 835 13,500 21,598 2002 152 87,500
136,446 895 115,000 121,574 489 34,000 39,813 2003 124 129,000
163,622 798 140,000 144,708 325 52,000 54,284 2004 121 153,750
181,590 806 150,000 152,131 323 58,500 63,585 2005 96 170,000
190,816 712 165,000 162,712 318 57,500 72,444 2006 106 175,000
198,925 834 160,000 173,476 358 65,000 70,017 2007 136 184,500
214,578 689 167,000 174,033 216 64,000 71,958 2008 113 190,000
211,370 743 185,000 183,251 242 75,000 84,847 2009 143 197,000
234,528 617 191,250 190,547 310 92,875 92,727 2010 126 218,000
252,608 449 199,000 205,854 177 83,000 88,378 2011 95 243,000
241,128 495 205,000 210,144 137 85,000 89,419 2012 73 230,000
243,363 643 197,500 205,409 174 78,000 82,051 2013 103 230,000
245,063 614 204,000 209,518 242 75,750 79,204 2014 87 230,000
250,460 704 215,000 223,273 217 82,500 88,223 2015 106 235,000
263,278 732 218,750 218,736 236 60,000 75,437 2016 88 241,350
258,556 714 240,000 250,589 302 60,000 73,160 2017 56 243,718
278,885 827 199,500 210,097 337 64,500 77,922 2018 78 260,000
290,720 751 195,000 204,899 331 80,000 92,491 2019 87 277,000
290,093 168 230,000 230,434 62 72,750 86,379 2020 19 285,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 259
Wellington Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
169.90Dev Site 84.20 385.25388.004 65455 33160 20.97< 11.43<
21.00Fuel Outlet/Garage 21.00 10000.0010000.001 210000 210000 7.78< 24.71<
759.23Health Clinic Unsp 961.33 311.50311.502 236500 236500 ND 28.29<
287.71Hotel/Motel Unsp 377.98 2433.002433.002 700000 700000 ND 129.63<
52.64Mixed Use Unspec 195.69 5512.005512.003 262362 206800 ND 31.38<
1141.92Office Premises Uns 1219.53 286.25288.004 326875 345000 ND 32.86<
740.21Pub/Tavern/Club Unsp 1010.10 1047.001188.003 775000 775000 ND 69.07<
461.04Retail Sgle Occ Unsp 840.01 1212.83378.5020 527300 274500 99.22< 94.66<
833.43Shopping Centre Unsp 833.43 1729.001729.002 885500 885500 ND ND
18.00Tourist Park/Caravan 18.00 10000.0010000.001 180000 180000 13.49< 19.78<
187.78Vehicle Sales Centre 187.78 5448.005448.001 1023000 1023000 51.15< 218.82<Community Services (SM)($/SM) (SM) ($/SM)
114.00School Camps 114.00 10000.0010000.001 1140000 1140000 ND NDExtractive Industry (SM)($/SM) (SM) ($/SM)
1.48Quarry Gravel/Stone 108.73 315508.50315508.502 467500 467500 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
99.86Factory Unsp 101.10 2794.002794.002 279000 279000 ND 139.50<
393.91Food ProcessingUnsp 393.91 952.00952.001 375000 375000 ND 83.33<
65.14Ind Dev Site 103.54 5622.201893.005 366220 210100 102.49< 47.75<
239.10Warehouse Unspec 131.32 1825.502038.0013 413435 305000 105.17< 76.25<Primary Production (SM)($/SM) (SM) ($/SM)
0.11Cattle Feed Lot 0.11 3299506.003299506.001 350000 350000 636.36< ND
1.03DomsticLivestockGraz 0.51 592328.92450200.0028 580910 437500 112.83< 123.53<
0.86GenCrop >20ha Unspec 0.90 830817.83750250.006 712354 712778 128.08< 54.85<
2.16Livestock – Beef 2.63 391719.28280000.0025 845320 532000 134.68< 106.40<
1.86Livestock – Dairy 1.04 360019.67315250.0019 643268 528000 92.07< 128.78<
0.51Livestock – Sheep 0.51 440000.00440000.001 225000 225000 23.50< 127.66<
1.28MarketGardenVeg <20h 1.28 60000.0060000.001 77000 77000 ND ND
1.01MixedFarm + infrast 1.15 419150.00391550.008 423532 397500 61.15< 64.11<
1.26MixedFarm&GrazUnsp 1.47 534906.22452109.009 672136 666666 144.93< 192.54<
0.19Native Bshland 0.20 1440000.001440000.002 272500 272500 121.11< 132.93<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 247500 247500 ND ND
323.67Detached Home Unsp 204.15 895.51796.00747 290686 277000 106.54< 115.42<
272.03Detached Home(exist) 285.24 851.00851.002 231500 231500 128.61< 87.03<
NAIndividual Car Park NA NANA1 120000 120000 85.71< ND
3.56MisImpRuralLand Unsp 3.56 42100.0042100.001 150000 150000 63.83< 75.00<
NAOYO Sub Dwelling NA NANA1 200000 200000 ND ND
8.44Res/Rural Lstyle 18.75 52707.8820000.00160 444710 412500 99.04< 115.38<
NARetire Village Unit NA NANA1 200000 200000 ND ND
508.42Semi-detached Unspec 507.82 713.00713.002 362500 362500 122.88< ND
NASingle Strata Unit NA NANA1 410000 410000 184.68< ND
NASingle Strata Unsp NA NANA74 203720 195000 97.50< 84.97<
NAStrata Unit/Flat Uns NA NANA8 180750 142500 73.08< 97.77<
117.93Vac Res A 738.57 776.64700.00305 92335 79500 126.69< 132.50<
36.94Vac Res B 40.16 2552.962415.5026 94313 89822 87.63< 128.32<
4.51Vac Res Englobo Oth 13.39 385737.00385737.002 1741250 1741250 ND 113.07<
7.64Vac Res Rural Lstyle 13.26 20124.6211750.0071 155605 160000 101.91< 114.29<
Municipality totals Commercial Total Prices 43 $20,284,408 Commercial Total
Industrial Total Prices 21 $8,138,767 Industrial Total
Community Services Total Prices 1 $1,140,000 Community Services Total
Primary Production Total Prices 100 $64,529,207 Primary Production Total
Residential Total Prices 1,404 $352,726,189 Residential Total
Extractive Industry Total Prices 2 $935,000 Extractive Industry Total
All Sales Total 1,571 All Sales Total $447,753,571
A Guide to Property Values 2019 | Page 260
Residential price statistics 1989 to 2020
West Wimmera Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
37,547 * 63 0 0 19 3,500 8,973 1989 0 * 28,000
33,670 ^ 38 81,500 81,500 15 5,500 8,273 1990 2 ^ 32,000
36,957 * 29 0 0 9 5,000 8,783 1991 ^ 0 ^* 30,000
47,391 ^ 43 73,500 73,500 9 7,500 11,611 1992 ^ 2 ^^ 41,500
40,380 ^ 44 86,750 86,750 9 9,000 8,888 1993 ^ 2 ^^ 37,250
39,833 ^ 33 52,500 52,500 10 11,000 11,910 1994 2 ^ 35,000
46,256 ^ 50 17,500 17,500 10 7,475 16,367 1995 1 ^ 35,000
53,365 ^ 56 83,000 83,000 20 18,000 30,070 1996 1 ^ 41,000
45,380 * 46 0 0 18 525 6,983 1997 0 * 40,000
57,677 ^ 39 57,500 57,500 13 12,000 17,925 1998 2 ^ 45,000
75,595 * 57 0 0 14 18,500 22,654 1999 0 * 60,000
62,078 ^ 37 63,500 63,833 14 3,800 10,896 2000 3 ^ 47,000
55,964 ^ 37 70,000 70,000 28 25,000 28,504 2001 1 ^ 47,000
60,201 ^ 52 70,500 76,555 26 15,000 16,631 2002 4 ^ 53,500
74,235 ^ 43 74,750 74,750 30 26,500 28,885 2003 2 ^ 55,000
83,097 ^ 38 116,030 116,030 33 24,500 26,545 2004 2 ^ 75,500
96,760 ^ 48 25,000 25,000 18 17,750 27,666 2005 1 ^ 77,500
109,590 ^ 44 102,500 102,500 12 20,000 25,916 2006 1 ^ 90,000
109,500 * 48 0 0 9 28,000 35,000 2007 ^ 0 ^* 92,000
114,756 * 24 0 0 10 64,500 60,897 2008 0 * 94,000
102,695 ^ 46 138,100 138,100 13 35,000 41,048 2009 2 ^ 82,000
104,882 ^ 39 140,000 152,333 12 17,250 39,750 2010 3 ^ 93,000
97,557 ^ 35 130,000 130,000 9 35,000 65,033 2011 ^ 2 ^^ 85,000
97,644 * 45 0 0 5 24,000 38,140 2012 ^ 0 ^* 78,000
110,255 ^ 47 145,000 143,500 11 22,000 39,886 2013 4 ^ 92,000
106,173 ^ 50 144,625 144,625 7 13,000 21,928 2014 ^ 2 ^^ 91,500
118,423 ^ 46 138,000 140,333 11 15,000 14,954 2015 3 ^ 100,000
119,168 ^ 52 143,000 141,000 7 13,000 38,678 2016 ^ 3 ^^ 109,000
133,906 ^ 45 198,750 198,750 7 15,000 13,142 2017 ^ 2 ^^ 135,000
140,547 * 50 0 0 6 24,000 25,416 2018 ^ 0 ^* 129,000
142,322 ^ 46 144,000 144,000 7 35,000 29,785 2019 ^ 1 ^^ 135,500
105,277 ^ * 9 0 0 1 47,500 47,500 2020 ^ 0 ^^ * 102,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 261
West Wimmera Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
NACafé NA NANA1 20000 20000 ND ND
214.29Retail Sgle Occ Unsp 214.29 140.00140.002 70000 70000 107.69< 240.34<Community Services (SM)($/SM) (SM) ($/SM)
NAHalls&Service Rooms NA NANA1 31000 31000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
9.16Ind Dev Site 20.00 4385.335000.003 40165 15000 63.42< ND
79.00Warehouse Unspec 87.41 816.50816.502 64500 64500 2.93< 117.27<Primary Production (SM)($/SM) (SM) ($/SM)
0.27DomsticLivestockGraz 0.39 1433100.001169500.003 383333 460000 180.39< ND
0.39GenCrop >20ha Unspec 0.71 2335262.531803700.0020 886331 827948 184.33< 522.63<
1.44Livestock – Beef 1.26 983500.00983500.003 1061666 480000 ND ND
0.90Livestock – Dairy 0.90 1723000.001723000.001 1550000 1550000 ND ND
0.79Livestock – Sheep 0.60 1713251.331242200.0015 1360301 944592 193.54< 674.71<
0.42MixedFarm&GrazUnsp 0.22 1607566.671311400.006 678155 393215 47.10< 84.42<
0.31Plant/Tree Nursery 0.31 2197600.002197600.001 675000 675000 310.34< ND
0.15Softwood Plantation 0.15 171000.00171000.001 26500 26500 46.65< 54.67<Residential (SM)($/SM) (SM) ($/SM)
113.61Detached Home Unsp 129.02 1225.201011.5046 142322 135500 105.04< 142.63<
11.11Res/Rural Lstyle 7.72 11873.298813.007 131869 95000 50.00< 95.00<
NASingle Strata Unsp NA NANA1 144000 144000 ND 100.70<
31.05Vac Res A 34.99 1140.001086.005 35400 38000 237.50< 292.31<
5.97Vac Res B 5.55 2636.002636.002 15750 15750 49.22< 102.44<
1.32Vac Res Rural Lstyle 7.10 32756.1723501.506 43400 40200 243.64< 135.74<
Municipality totals Commercial Total Prices 3 $160,000 Commercial Total
Community Services Total Prices 1 $31,000 Community Services Total
Industrial Total Prices 5 $249,495 Industrial Total
Primary Production Total Prices 50 $48,786,581 Primary Production Total
Residential Total Prices 67 $8,082,822 Residential Total
All Sales Total 126 All Sales Total $57,309,898
A Guide to Property Values 2019 | Page 262
Residential price statistics 1989 to 2020
Whitehorse City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
166,502 1,892 132,000 162,709 65 105,000 101,530 1989 699 145,000
160,859 1,651 126,500 143,808 51 90,000 95,849 1990 866 142,500
154,159 1,731 125,000 132,700 88 73,750 73,787 1991 730 136,500
151,645 1,803 120,000 141,071 166 77,500 73,852 1992 695 136,000
151,953 2,036 125,000 139,307 133 85,000 95,832 1993 792 135,000
155,134 2,064 125,000 136,616 307 84,500 89,486 1994 898 140,000
154,490 1,896 125,000 136,131 371 90,000 228,425 1995 779 137,250
154,262 1,963 125,000 139,895 256 90,000 96,735 1996 854 138,100
174,356 2,606 135,000 145,051 332 97,000 110,481 1997 1,253 157,700
192,653 2,173 146,700 157,191 138 117,000 131,542 1998 1,126 175,000
225,877 2,295 168,000 181,169 94 135,500 149,934 1999 1,154 206,750
246,410 2,105 184,750 199,660 48 112,000 121,355 2000 1,126 225,000
300,680 2,432 227,125 251,754 63 135,000 154,283 2001 1,368 278,875
349,775 2,281 260,500 277,193 0 0 0 2002 * 1,064 * 317,000
393,322 2,166 286,500 306,947 7 160,000 188,571 2003 ^ 1,094 ^ 363,250
408,575 1,874 295,000 321,568 33 340,000 299,962 2004 931 375,000
434,400 1,939 305,000 318,809 25 244,000 257,976 2005 1,075 390,000
466,487 2,030 327,800 349,705 31 280,000 308,611 2006 1,099 419,000
585,664 2,184 360,000 380,189 44 269,000 276,863 2007 1,551 526,250
597,663 1,570 401,500 423,300 21 210,000 279,678 2008 878 540,000
651,016 2,031 430,000 441,664 46 252,500 300,846 2009 1,368 590,000
774,532 1,761 490,000 521,243 25 380,000 443,700 2010 1,180 710,828
752,876 1,681 489,000 503,528 30 439,000 675,373 2011 1,193 675,000
715,686 1,592 480,000 500,372 26 387,500 484,675 2012 1,276 650,000
793,226 2,044 516,000 533,948 23 315,000 447,734 2013 1,656 725,000
914,057 2,199 542,500 579,851 26 399,000 475,837 2014 1,969 830,000
1,146,544 2,353 573,800 623,989 28 404,000 501,380 2015 2,423 1,030,000
1,178,051 1,909 663,000 692,993 27 730,000 788,926 2016 1,821 1,087,200
1,338,897 1,884 690,000 726,397 9 661,000 829,111 2017 ^ 1,680 ^ 1,246,500
1,267,964 1,474 650,000 688,675 13 954,000 855,538 2018 1,125 1,150,000
1,187,062 1,505 703,000 717,648 30 742,500 786,605 2019 1,194 1,100,000
1,336,091 144 690,500 677,675 1 700,000 700,000 2020 ^ 164 ^ 1,254,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 263
Whitehorse City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
2962.77Fuel Outlet/Garage 2624.71 1528.331498.003 4528104 4125000 71.80< 118.88<
478.43Health Clinic Unsp 449.18 1792.331102.003 857500 977500 85.00< ND
1625.00Health Surgery 1625.00 660.00660.001 1072500 1072500 78.00< ND
13422.71LowRise Office Build 13422.71 1981.001981.001 26590389 26590389 142.77< 204.54<
1911.10Medical/Surgery 1911.10 548.00548.001 1047283 1047283 72.23< ND
1223.92Mixed Use Unspec 2635.23 1592.09721.0011 1948590 1900000 21.59< 219.60<
2828.44Office Premises Uns 2425.11 2569.68701.0026 6314193 1006900 72.11< 71.92<
2310.89Retail Mult Occ Unsp 4674.38 690.75305.505 1378200 1115000 29.50< 64.83<
3835.54Retail Sgle Occ Unsp 4000.00 691.62215.0030 2077046 835000 91.96< 92.78<
NAServ Apt/Unit Unsp NA NANA1 388000 388000 ND ND
365.84Serviced Apartments 454.55 2120.401606.007 673034 710840 101.75< 98.45<Industrial (SM)($/SM) (SM) ($/SM)
566.75Factory Unsp 1055.16 4747.001251.0014 2494571 1135000 111.55< 99.13<
1830.80Ind Dev Site 1830.80 1013.001013.001 1854600 1854600 84.30< 25.06<
NAOpenStorageUnspec NA NANA1 137500 137500 ND ND
1570.92Warehouse Store 1570.92 1114.001114.001 1750000 1750000 833.33< ND
950.85Warehouse Unspec 2172.05 1779.88826.0017 1786700 1320000 137.93< 156.86<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA8 765625 750000 ND 97.66<
NAConjoined StrataUnit NA NANA3 662333 725000 123.40< 133.76<
1832.05Detached Home Unsp 1425.00 653.47640.001495 1188142 1100000 95.65< 100.87<
NAIndividual Car Park NA NANA14 541428 575000 ND 8605.21<
NAOYO Strata Flat NA NANA1 660000 660000 170.32< 159.61<
NAOYO Sub Dwelling NA NANA5 864000 752000 91.15< 93.56<
NAOYO Subdivided Flat NA NANA2 428500 428500 95.22< 99.65<
NAOYO Unit NA NANA2 1011250 1011250 107.24< 120.03<
NARes Co Sh Unit HR NA NANA1 960800 960800 ND ND
NARes Co Sh Unit Unsp NA NANA1 760000 760000 ND ND
NARes Investment Flat NA NANA1 2211000 2211000 57.73< 102.84<
1346.78Res Land (WithBuild) 1346.78 1041.001041.001 1402000 1402000 ND 88.18<
231.34Res/Rural Lstyle 334.80 4732.004167.504 1094700 782000 108.24< 132.77<
NARetire Village Unit NA NANA20 549425 592500 114.49< 123.70<
2502.53Semi-detached Unspec 3717.95 423.86312.0010 1025630 1005000 102.03< 104.69<
NASingle Strata Unit NA NANA14 772178 725000 112.14< ND
NASingle Strata Unsp NA NANA640 770414 743500 108.54< 106.21<
NAStrata Dwelling NA NANA1 340000 340000 50.37< 59.18<
NAStrata Unit/Flat Uns NA NANA468 634709 590000 95.55< 100.00<
NATownhouse NA NANA27 915595 890000 122.17< 122.76<
1267.45Vac Res A 2177.42 591.68620.0028 732434 734000 76.94< 94.71<
766.18Vac Res B 765.32 2016.502016.502 1545000 1545000 ND 429.17<
Municipality totals Commercial Total Prices 89 $304,772,154 Commercial Total
Industrial Total Prices 34 $69,040,001 Industrial Total
Residential Total Prices 2,748 $2,680,360,763 Residential Total
All Sales Total 2,871 All Sales Total $3,054,172,918
A Guide to Property Values 2019 | Page 264
Residential price statistics 1989 to 2020
Whittlesea City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
131,143 1,366 103,000 128,132 1,177 59,000 71,808 1989 175 122,500
129,593 1,189 107,500 135,173 785 57,000 65,971 1990 149 124,000
123,832 1,220 101,750 109,122 612 54,165 61,718 1991 174 117,500
123,118 1,118 103,000 110,147 706 55,000 62,968 1992 233 117,500
120,661 1,136 102,000 111,007 837 53,000 57,313 1993 252 115,000
122,274 1,195 105,000 106,243 780 55,000 62,003 1994 310 117,500
120,681 1,135 102,000 98,544 582 57,000 60,118 1995 221 115,500
122,159 1,128 100,000 117,164 693 56,000 55,830 1996 259 115,000
124,005 1,496 102,500 109,922 942 58,000 62,997 1997 330 120,000
135,664 1,526 115,000 116,425 1,010 59,700 64,663 1998 344 128,000
154,360 1,729 128,750 143,313 1,231 76,900 80,093 1999 362 146,000
179,455 1,690 145,000 152,024 886 85,000 87,832 2000 331 165,000
200,363 1,902 160,000 171,468 1,604 90,500 97,124 2001 445 188,000
235,249 1,874 190,500 198,522 1,387 108,000 111,617 2002 384 222,975
271,124 1,962 230,000 228,244 1,365 130,000 137,639 2003 347 254,500
281,000 1,733 230,000 227,462 942 160,000 160,125 2004 308 268,000
291,162 1,860 234,000 278,423 1,218 157,250 158,242 2005 319 273,000
302,164 1,828 245,000 254,504 1,504 150,000 151,725 2006 352 282,492
320,749 2,237 261,000 278,981 2,563 148,000 152,292 2007 565 305,000
335,524 2,282 275,000 278,273 2,433 160,000 166,226 2008 456 326,725
366,015 2,805 309,000 320,679 3,974 167,000 174,274 2009 630 357,000
419,154 2,438 325,000 332,557 3,838 194,500 202,114 2010 589 405,000
423,339 2,174 333,000 345,818 2,338 205,000 211,676 2011 618 410,000
414,828 2,118 315,000 324,564 1,765 201,500 205,788 2012 577 395,000
418,813 2,531 330,000 340,901 1,999 194,000 203,617 2013 633 396,000
437,746 2,659 339,000 341,207 2,545 194,000 213,177 2014 788 412,500
467,824 3,164 349,900 353,342 2,450 203,000 213,049 2015 799 440,000
507,322 3,115 369,000 375,229 2,986 221,000 229,748 2016 859 483,000
600,588 3,326 409,450 411,900 3,199 255,000 268,172 2017 762 590,000
634,151 2,684 431,000 433,885 1,142 318,000 323,174 2018 570 615,000
607,901 2,630 420,000 430,133 656 305,000 335,012 2019 403 590,000
616,330 434 441,500 444,387 160 317,000 332,496 2020 84 608,750
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 265
Whittlesea City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
33.98Dev Site 624.80 33309.671250.003 1132000 781000 91.55< 129.95<
626.47Fuel Outlet/Garage 626.47 17000.0017000.001 10650000 10650000 221.88< ND
371.10Health Clinic Unsp 277.42 5387.006602.009 1688142 1831500 373.78< 481.97<
91.06Health Surgery 91.06 6602.006602.001 601150 601150 ND ND
968.50Mixed Use Unspec 2084.90 1242.25667.0010 998500 960000 242.42< 73.85<
233.52Office Premises Uns 526.32 6268.154180.0039 1127240 506660 125.33< 136.94<
1143.33Retail Mult Occ Unsp 197.96 2647.003334.003 3026400 660000 33.76< 118.07<
417.65Retail Sgle Occ Unsp 1967.87 4657.25257.5033 1807215 565000 93.02< 114.90<
NAServ Apt/Unit Unsp NA NANA1 400000 400000 ND ND
1661.02Serviced Apartments 1661.02 295.00295.001 490000 490000 117.08< ND
4694.07Shopping Centre Unsp 4694.07 523.00523.001 2455000 2455000 7.86< 9.26<
1158.17Vehicle Sales Centre 1218.07 10188.5010188.502 11800000 11800000 ND 944.00<Community Services (SM)($/SM) (SM) ($/SM)
660.00Ambulance Station 660.00 2000.002000.001 1320000 1320000 ND ND
797.68Fire Station 797.68 1379.001379.001 1100000 1100000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
405.04Factory Unsp 3031.50 2163.91254.0054 821164 508750 110.36< 148.48<
881.98Food ProcessingUnsp 881.98 11100.0011100.001 9790000 9790000 ND ND
231.96Ind Dev Site 493.04 8058.062800.0020 1854684 1380500 73.82< 142.23<
55.01OpenStorageUnspec 55.01 9090.009090.001 500000 500000 ND ND
185.47Warehouse Unspec 1357.80 6085.971199.0040 1402445 755000 179.87< 196.10<
605.00Warehouse/Factory 391.21 6643.001342.006 3411610 449830 82.61< 101.60<Primary Production (SM)($/SM) (SM) ($/SM)
11.07DomsticLivestockGraz 11.07 81334.0081334.002 750000 750000 55.40< 53.00<
8.23Livestock – Beef 8.34 223167.50186885.004 1837500 2018500 ND ND
2.23MixedFarm&GrazUnsp 2.49 381506.25375200.004 850000 900000 60.91< 114.14<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA6 432000 440000 93.62< 118.28<
NAConjoined StrataUnit NA NANA1 260000 260000 52.00< 68.06<
1209.54Detached Home Unsp 1240.16 505.97508.002598 609450 590000 96.72< 128.26<
1139.97Detached Home(exist) 1139.97 743.00743.001 847000 847000 130.31< 165.83<
NAHalf Pair or Duplex NA NANA1 640000 640000 ND ND
NAIndividual Car Park NA NANA3 288333 300000 ND 1515.15<
NAOYO Sub Dwelling NA NANA1 490000 490000 ND ND
NAOYO Sub Unit NA NANA1 425000 425000 97.14< ND
663.00Res Dev Site 903.81 1198.171215.0012 794388 856239 67.96< 67.22<
21.68Res/Rural Lstyle 131.99 51874.6426300.0044 1124556 953500 80.98< 120.32<
NARetire Village Unit NA NANA2 337500 337500 116.38< 111.75<
2756.82Semi-detached Unspec 2913.71 182.47175.0031 470448 465000 96.61< 120.94<
NASingle Strata Unit NA NANA14 385714 400000 100.31< 117.99<
NASingle Strata Unsp NA NANA246 432540 420000 100.72< 112.00<
NAStrata Unit/Flat Uns NA NANA121 430327 415000 92.53< 110.30<
219.57Sub Div (Multi Lot) 219.57 10384.0010384.001 2280000 2280000 118.75< 86.28<
NATownhouse NA NANA9 442888 449500 98.25< 123.15<
754.69Vac Res A 695.00 414.91400.00655 333693 305000 96.53< 138.01<
584.31Vac Res B 584.31 2052.002052.001 1199000 1199000 121.73< 178.96<
823.52Vac Res Englobo Oth 840.42 2183.002183.002 1797750 1797750 19.81< 22.36<
18.32Vac Res Rural Lstyle 181.98 45115.679397.0012 826500 620000 118.66< 206.67<
NAVilla Unit NA NANA1 401500 401500 ND ND
Municipality totals Commercial Total Prices 104 $179,450,122 Commercial Total
Community Services Total Prices 2 $2,420,000 Community Services Total
Industrial Total Prices 122 $168,294,056 Industrial Total
Primary Production Total Prices 10 $12,250,000 Primary Production Total
Residential Total Prices 3,763 $2,067,565,813 Residential Total
All Sales Total 4,001 All Sales Total $2,429,979,991
A Guide to Property Values 2019 | Page 266
Residential price statistics 1989 to 2020
Wodonga City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
101,505 377 81,000 89,358 360 30,000 32,665 1989 121 96,000
111,264 364 81,500 88,556 247 33,500 36,795 1990 134 105,000
108,627 367 89,000 89,883 248 32,998 34,812 1991 102 104,258
109,005 430 89,000 95,590 328 34,000 36,193 1992 124 105,000
111,019 439 87,750 92,087 331 34,000 38,343 1993 124 106,000
112,841 432 86,500 82,255 314 36,490 42,517 1994 129 108,000
108,251 420 85,000 90,838 223 37,500 42,281 1995 88 104,250
113,102 416 81,000 89,960 154 36,750 42,292 1996 111 108,000
118,465 529 83,750 104,167 241 36,375 37,539 1997 116 115,000
120,065 504 80,000 78,601 210 38,000 41,375 1998 99 111,788
120,954 584 87,350 93,632 226 41,000 44,819 1999 104 118,000
125,345 649 92,000 102,697 151 44,000 47,440 2000 115 120,000
139,784 697 90,750 99,178 348 41,000 49,942 2001 192 132,000
164,398 735 102,000 107,743 402 53,000 55,910 2002 213 153,000
216,418 745 144,000 142,195 375 80,300 88,531 2003 156 205,000
245,093 653 159,000 170,182 96 120,000 116,304 2004 133 233,000
259,095 668 172,000 182,952 169 117,500 121,023 2005 145 240,000
273,366 643 179,750 189,423 176 116,500 120,991 2006 138 258,000
283,519 680 182,875 196,415 181 125,000 129,041 2007 160 257,000
276,297 540 178,000 187,214 157 120,000 125,654 2008 123 260,000
276,317 618 180,000 189,405 430 109,625 111,451 2009 143 255,500
292,652 481 187,750 216,010 272 111,825 118,156 2010 122 278,000
295,579 518 190,000 196,183 264 110,000 117,066 2011 103 283,750
285,280 543 184,000 187,222 245 112,500 117,101 2012 134 269,000
299,602 653 187,500 204,404 295 117,000 124,396 2013 133 285,000
312,846 681 195,500 207,018 373 118,000 120,835 2014 136 305,000
319,355 686 190,000 199,688 331 128,000 133,925 2015 147 310,000
330,405 636 205,000 226,379 358 135,000 144,902 2016 127 320,000
349,267 736 215,000 246,810 419 140,000 146,334 2017 108 340,000
360,218 713 215,000 221,177 327 145,000 157,933 2018 122 350,000
370,491 643 227,500 238,645 294 149,500 161,698 2019 116 352,000
390,139 168 214,000 228,506 64 150,000 177,218 2020 31 373,500
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 267
Wodonga City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
246.50Fuel Outlet/Garage 246.50 4077.004077.001 1005000 1005000 ND 126.02<
1086.45Health Clinic Unsp 499.58 2822.331200.003 3066333 599500 233.27< ND
735.63Health Surgery 735.63 797.00797.001 586300 586300 54.54< ND
243.79Hotel/Motel Unsp 260.06 3965.503965.502 966750 966750 87.89< 197.70<
616.54Mixed Use Unspec 616.54 665.00665.001 410000 410000 58.26< ND
498.98Office Premises Uns 577.14 883.80901.008 416250 450000 64.42< 100.00<
1133.11Pub/Tavern/Club Unsp 1265.69 4192.004192.002 4750000 4750000 142.82< ND
257.74Retail Mult Occ Unsp 216.93 8979.6712150.003 2314444 2635736 149.76< ND
872.33Retail Sgle Occ Unsp 556.93 1068.57808.007 932142 585000 76.97< 117.00<Community Services (SM)($/SM) (SM) ($/SM)
861.80Child Centre Unsp 861.80 3220.003220.001 2775000 2775000 ND ND
26.50Technical&Further Ed 26.50 101700.00101700.001 2695000 2695000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
265.00Coolstore/Coldstore 265.00 10000.0010000.001 2650000 2650000 ND ND
417.44Factory Unsp 417.44 1078.001078.001 450000 450000 75.00< 63.78<
97.35Ind Dev Site 145.24 3821.001755.508 371963 270250 49.14< 158.50<
97.12Warehouse Unspec 43.49 10753.204300.007 950114 340000 120.57< 128.30<Primary Production (SM)($/SM) (SM) ($/SM)
1.29Livestock – Beef 1.51 349700.00349700.003 646666 835000 105.47< ND
1.02MixedFarm&GrazUnsp 0.86 953135.60534400.005 972000 750000 74.26< 74.93<Residential (SM)($/SM) (SM) ($/SM)
488.30Detached Home Unsp 751.28 758.64685.50641 369774 350000 100.00< 109.38<
293.18Detached Home(exist) 346.29 2046.502046.502 600000 600000 187.50< 186.77<
NAIndividual Car Park NA NANA3 227666 231000 ND 5775.00<
31.10Res/Rural Lstyle 66.40 23808.716994.0024 740418 742000 112.42< 127.22<
NARetire Village Unit NA NANA2 82250 82250 121.85< 118.35<
NASingle Strata Unit NA NANA1 232500 232500 ND ND
NASingle Strata Unsp NA NANA88 239652 230000 105.14< 110.18<
NAStrata Unit/Flat Uns NA NANA23 246713 227000 89.02< 118.23<
223.00Vac Res A 226.15 693.37650.00277 154619 148000 102.78< 109.63<
117.52Vac Res B 116.89 2357.352327.0017 277029 293000 108.52< 109.74<
17.87Vac Res Englobo Oth 17.87 55400.0055400.001 990000 990000 12.86< 19.32<
47.52Vac Res Rural Lstyle 56.87 4873.404572.006 545136 253750 73.55< 75.75<
NAVilla Unit NA NANA2 261000 261000 ND ND
Municipality totals Industrial Total Prices 17 $12,726,510 Industrial Total
Primary Production Total Prices 8 $6,800,000 Primary Production Total
Commercial Total Prices 28 $39,432,133 Commercial Total
Community Services Total Prices 2 $5,470,000 Community Services Total
Residential Total Prices 1,087 $336,161,655 Residential Total
All Sales Total 1,142 All Sales Total $400,590,298
A Guide to Property Values 2019 | Page 268
Residential price statistics 1989 to 2020
Wyndham City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
108,096 960 84,500 90,642 1,564 39,500 43,915 1989 157 101,500
113,877 760 95,000 106,356 960 42,000 45,322 1990 128 107,000
112,635 744 93,500 111,052 1,035 39,000 43,516 1991 98 104,000
109,223 877 85,500 100,573 1,217 38,000 41,569 1992 108 103,000
107,135 941 83,250 90,771 1,107 40,000 44,248 1993 130 100,000
107,345 1,081 85,000 93,579 924 41,525 46,162 1994 134 101,000
106,063 1,048 82,000 93,363 638 43,000 49,778 1995 117 99,000
109,181 991 79,400 85,858 537 44,450 53,017 1996 112 100,000
110,764 1,278 82,000 89,906 852 45,000 54,574 1997 166 104,000
118,244 1,240 83,250 91,348 928 49,500 62,073 1998 142 108,550
133,542 1,380 95,000 121,853 1,540 55,000 64,317 1999 198 120,000
147,773 1,510 107,000 122,315 1,428 62,625 69,861 2000 191 133,000
164,973 1,965 130,000 165,487 3,156 68,000 74,464 2001 301 146,000
199,006 2,091 164,500 171,464 3,784 83,000 93,477 2002 416 178,000
233,615 2,325 185,500 195,222 4,330 111,050 119,456 2003 422 207,000
252,824 2,169 196,000 213,207 2,228 125,000 132,391 2004 293 231,000
260,623 2,291 210,000 235,161 2,469 125,000 131,671 2005 311 240,000
276,161 2,142 210,000 263,827 2,995 128,000 136,324 2006 433 259,000
294,272 3,001 217,000 236,236 4,676 135,000 143,858 2007 555 269,000
308,761 2,735 232,000 241,768 4,115 145,000 155,949 2008 565 282,000
329,327 3,299 255,000 257,580 6,299 160,000 168,442 2009 870 309,000
383,854 3,493 286,600 307,716 4,955 190,000 205,759 2010 690 350,000
393,903 3,014 290,000 292,222 2,390 220,000 229,249 2011 509 360,000
380,264 2,804 276,750 282,907 1,672 220,000 226,751 2012 452 353,250
390,820 2,998 278,500 292,721 2,450 212,500 225,509 2013 530 369,000
406,404 3,457 295,000 319,977 3,308 215,000 226,132 2014 592 380,000
430,281 4,444 312,000 331,193 5,112 224,000 234,329 2015 726 400,000
469,928 4,623 332,500 347,311 6,272 234,000 246,745 2016 912 440,000
545,219 5,075 377,750 381,200 7,097 275,000 281,710 2017 990 520,000
588,281 3,878 405,000 415,322 3,039 315,000 325,425 2018 571 565,000
581,473 3,560 410,000 423,436 1,373 312,500 325,521 2019 412 560,000
586,341 666 415,000 432,815 262 320,000 336,006 2020 70 570,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 269
Wyndham City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
401.50Dev Site 401.50 2272.002272.002 546104 546104 101.84< 134.36<
2070.59Fuel Outlet/Garage 2223.09 1799.001799.002 3725000 3725000 ND ND
2544.06Health Clinic Unsp 3444.84 2307.332511.003 5870000 8200000 1064.94< 182.22<
114.65Mixed Use Shop 114.65 9289.009289.001 1065000 1065000 ND ND
961.49Mixed Use Unspec 896.54 1713.672368.006 1132166 660000 94.25< 160.00<
247.72Office Premises Uns 4954.95 2745.54222.0014 649052 458500 84.21< 51.23<
1398.21Pub/Tavern/Club Unsp 1398.21 894.00894.001 1250000 1250000 43.40< 21.04<
2669.50Retail Mult Occ Unsp 2523.58 1703.501703.502 4547500 4547500 507.25< ND
499.65Retail Sgle Occ Unsp 1251.66 3235.56453.0010 1487985 843000 158.10< 88.85<
NAServ Apt/Unit Unsp NA NANA1 379000 379000 103.84< ND
142.55Serviced Apartments 2300.45 3153.003153.003 429892 399900 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
722.22Place of Worship 722.22 900.00900.001 650000 650000 38.45< 118.18<Industrial (SM)($/SM) (SM) ($/SM)
2643.98Factory Unit 2643.98 83.0083.001 219450 219450 100.00< 49.88<
451.85Factory Unsp 1162.78 4443.58536.0057 1762576 650000 121.91< 158.54<
266.48Ind Dev Site 238.49 13989.466507.5029 3615725 1650000 188.23< 179.25<
182.89Ind Land Building $0 277.21 2422.502422.502 443050 443050 16.43< 122.05<
416.32OpenStorageUnspec 416.32 1201.001201.001 500000 500000 ND ND
82.32Vac Englobo Land 82.32 116616.00116616.001 9600000 9600000 356.22< ND
488.36Warehouse Unspec 1036.71 7431.441008.0048 3853210 765000 123.99< 121.53<Primary Production (SM)($/SM) (SM) ($/SM)
1.18DomsticLivestockGraz 2.48 1122062.50490000.0017 1384762 1458300 ND 25.77<
49.34GenCrop >20ha Unspec 49.34 104386.00104386.001 5150000 5150000 ND 19.29<
4.68MixedFarm&GrazUnsp 4.68 1156600.001156600.001 5417000 5417000 206.36< 492.45<
170.75Poultry broiler 170.75 167500.00167500.001 28600000 28600000 178.75< NDResidential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA5 492000 430000 118.95< 114.97<
NAConjoined StrataUnit NA NANA3 392000 375000 ND ND
1071.27Detached Home (New) 1050.86 556.00578.007 572357 584000 107.90< 135.81<
1151.14Detached Home Unsp 1059.41 506.24505.003518 582355 560000 99.12< 127.27<
1262.76Detached Home(exist) 1370.88 445.75458.008 562875 537500 ND 122.16<
NAIndividual Car Park NA NANA4 289500 267500 8916.67< 211.05<
NAOYO Sub Dwelling NA NANA1 375000 375000 ND ND
875.75Res Dev Site 987.77 415.83424.006 364166 372500 90.69< 134.72<
93.40Res/Rural Lstyle 138.31 12121.785228.5018 1132155 1140000 73.08< 91.20<
2219.10Row House 2219.10 178.00178.001 395000 395000 ND ND
2225.51Semi-detached Unspec 2750.00 214.61168.0026 477561 463500 96.56< 106.55<
NASingle Strata Unit NA NANA11 476772 412000 ND 131.63<
NASingle Strata Unsp NA NANA239 412471 395000 98.77< 123.44<
NAStrata Unit/Flat Uns NA NANA138 427656 418750 101.64< 119.99<
NATownhouse NA NANA14 519139 434475 112.82< 119.86<
805.44Vac Res A 595.00 403.23400.001372 325029 312250 99.13< 133.44<
473.48Vac Res B 473.48 2112.002112.001 1000000 1000000 87.43< 186.62<
308.14Vac Res Englobo Oth 412.50 23576.8011600.005 7265000 4785000 56.63< 143.21<
88.74Vac Res Rural Lstyle 384.56 18229.675302.003 1617653 1914000 165.71< 228.68<
NAVilla Unit NA NANA1 335000 335000 ND ND
Municipality totals Community Services Total Prices 1 $650,000 Community Services Total
Industrial Total Prices 139 $401,482,529 Industrial Total
Residential Total Prices 5,381 $2,756,342,357 Residential Total
Commercial Total Prices 45 $69,990,463 Commercial Total
Primary Production Total Prices 20 $62,707,960 Primary Production Total
All Sales Total 5,586 All Sales Total $3,291,173,309
A Guide to Property Values 2019 | Page 270
Residential price statistics 1989 to 2020
Yarra City
Vacant House Block MedianHouse Median Unit/Apartment Median
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
184,130 1,129 100,000 151,894 6 71,600 61,450 1989 ^ 427 ^ 160,000
173,952 1,038 92,000 133,254 4 31,050 35,500 1990 ^ 343 ^ 152,500
166,417 1,092 98,000 119,432 7 75,000 103,642 1991 ^ 487 ^ 150,975
166,613 1,075 108,500 126,473 12 90,500 103,812 1992 541 150,000
180,305 1,180 118,500 135,858 31 130,000 119,933 1993 658 160,000
190,320 1,275 125,000 135,904 27 100,000 118,207 1994 591 173,500
190,894 1,157 118,000 140,403 58 90,000 115,245 1995 559 170,000
201,726 1,238 146,500 185,162 39 112,000 121,814 1996 764 180,000
243,007 1,512 160,000 181,204 51 150,000 156,656 1997 1,101 220,000
271,487 1,273 175,000 198,261 57 147,000 138,073 1998 1,053 247,500
306,094 1,213 222,000 233,934 61 202,000 241,687 1999 1,263 285,000
340,631 1,274 245,000 261,403 14 190,000 166,250 2000 1,131 307,750
402,639 1,361 270,000 288,303 20 200,000 233,912 2001 1,225 375,000
466,256 1,135 330,750 346,813 3 10,725 23,611 2002 ^ 1,098 ^ 427,500
507,712 1,106 340,125 366,045 4 31,250 82,250 2003 ^ 1,034 ^ 459,450
525,313 1,075 345,625 377,359 1 51,000 51,000 2004 ^ 956 ^ 480,000
544,166 1,127 360,000 386,091 3 295,000 213,268 2005 ^ 968 ^ 495,000
595,578 1,064 380,000 411,467 9 287,763 286,001 2006 ^ 1,015 ^ 541,500
775,674 1,102 412,250 452,904 10 265,000 258,075 2007 1,334 680,000
766,831 845 440,188 475,821 6 177,500 201,833 2008 ^ 1,071 ^ 680,000
813,320 936 485,000 525,784 0 0 0 2009 * 1,716 * 730,000
959,074 920 511,500 560,405 2 322,000 322,000 2010 ^ 1,791 ^ 841,750
932,986 864 540,000 596,291 0 0 0 2011 * 1,470 * 824,500
961,291 869 535,000 576,270 0 0 0 2012 * 1,439 * 815,000
1,002,397 883 535,000 592,504 2 957,500 957,500 2013 ^ 2,137 ^ 880,000
1,114,504 916 570,000 605,029 0 0 0 2014 * 2,228 * 970,000
1,226,794 845 569,000 622,706 2 913,000 913,000 2015 ^ 2,129 ^ 1,110,000
1,392,790 835 572,500 662,318 8 860,750 759,033 2016 ^ 1,841 ^ 1,249,000
1,555,745 791 599,000 703,208 3 755,000 1,551,666 2017 ^ 1,831 ^ 1,391,000
1,517,043 702 599,000 681,300 2 1,115,600 1,115,600 2018 ^ 1,232 ^ 1,350,000
1,431,016 670 600,000 697,351 4 1,452,500 1,143,000 2019 ^ 947 ^ 1,314,500
1,465,975 100 600,000 724,497 0 0 0 2020 * 169 * 1,345,000
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 271
Yarra City
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
3409.91Dev Site 4724.14 5104.331483.003 17405300 7005900 875.74< 702.35<
431.44Health Clinic Unsp 3497.94 3629.33486.005 1129500 935000 35.08< 46.75<
NAIndiv CarPark Unspe NA NANA2 32500 32500 ND 1.03<
10080.07Live Ent-Major Multi 10080.07 562.00562.001 5665000 5665000 ND ND
3930.52Mixed Use Unspec 11128.64 727.83206.0019 3999667 1885000 125.67< 94.25<
20896.13Multi-Lvl Offic Unsp 12675.23 981.67856.003 20513033 19089101 225.11< 95.68<
NAMulti-storey CarPark NA NANA1 12000000 12000000 ND ND
68.55National Co Ret Unsp 68.55 2626.002626.001 180000 180000 ND ND
1385.66Office 4 to 50 Lvls 1385.66 13416.0013416.001 18590000 18590000 ND ND
2248.31Office Premises Uns 6372.12 1703.31519.5061 4957152 1650000 150.00< 165.83<
13431.48Pub/Tavern/Club Unsp 7135.07 233.50185.505 2702000 1450000 100.00< 96.67<
4120.89Retail Mult Occ Unsp 11824.82 1797.78685.0011 6803277 3720000 212.57< 288.37<
3700.67Retail Sgle Occ Unsp 10317.24 772.51290.0056 2667407 1440000 78.69< 107.48<
117.86Serviced Apartments 532.09 4157.331184.0015 644133 630000 103.28< NDIndustrial (SM)($/SM) (SM) ($/SM)
6219.98Factory Unsp 5994.37 458.00454.004 2848750 2937500 111.45< 104.91<
12179.49Food ProcessingUnsp 12179.49 312.00312.001 3800000 3800000 ND ND
10983.61Ind Dev Site 10983.61 305.00305.001 3350000 3350000 ND 82.21<
6710.03Warehouse Unspec 4700.86 767.33435.0018 5148833 2630000 47.82< 125.24<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 1142500 1142500 210.02< 126.94<
6419.19Detached Home Unsp 6610.80 227.95176.00597 1449497 1330000 97.79< 106.10<
449.37Detached Home(Comm) 449.37 2370.002370.001 1065000 1065000 ND ND
5380.43Detached Home(exist) 5000.00 122.67154.003 660000 770000 43.99< 51.33<
NAIndividual Car Park NA NANA41 403317 385000 2566.67< 1327.59<
NAOYO Sub Unit NA NANA14 612321 392250 84.35< 71.32<
4381.78Res Dev Site 4381.78 461.00461.001 2020000 2020000 41.39< 148.53<
170.99Res/Rural Lstyle 194.85 6235.756124.505 969000 880000 100.00< 85.85<
NARetire Village Unit NA NANA1 727000 727000 ND 242.33<
NASemi-detached NA NANA1 1260000 1260000 123.38< ND
5714.26Semi-detached Unspec 7091.84 240.63147.0069 1307115 1250000 112.61< 104.17<
NASingle Strata Unit NA NANA4 933750 1040000 ND 160.00<
NASingle Strata Unsp NA NANA332 684619 585000 98.32< 105.41<
NAStorage Area Res NA NANA2 2000 2000 40.00< 44.44<
NAStrata Unit/Flat Uns NA NANA571 680121 596000 95.67< 104.10<
NATownhouse NA NANA23 1279540 1200000 119.40< 133.70<
3074.65Vac Res A 4987.97 371.75323.504 1143000 1452500 130.20< 168.75<
111.99Vac Res Rural Lstyle 111.99 5170.005170.001 579000 579000 ND ND
Municipality totals Industrial Total Prices 24 $111,224,000 Industrial Total
Residential Total Prices 1,672 $1,648,794,136 Residential Total
Commercial Total Prices 184 $781,665,338 Commercial Total
All Sales Total 1,880 All Sales Total $2,541,683,474
A Guide to Property Values 2019 | Page 272
Residential price statistics 1989 to 2020
Yarra Ranges Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
123,226 2,404 105,000 126,700 646 52,000 59,085 1989 247 114,000
120,426 1,781 97,000 109,752 357 56,000 57,217 1990 202 113,500
114,809 1,817 89,000 106,806 333 52,500 53,543 1991 170 108,000
113,826 2,009 92,000 99,407 381 50,400 54,885 1992 178 107,000
114,444 2,068 86,500 103,994 404 52,000 55,207 1993 177 106,000
114,052 2,095 90,266 107,159 532 55,000 55,727 1994 180 106,000
114,158 1,829 85,000 100,329 434 53,500 54,737 1995 148 106,000
113,168 2,019 95,000 107,423 492 50,250 53,514 1996 163 105,000
117,758 2,403 87,500 100,537 699 57,000 59,618 1997 193 110,000
124,423 2,269 100,000 111,481 688 61,000 62,075 1998 222 115,050
140,072 2,454 112,750 114,078 811 68,000 72,441 1999 282 128,000
154,671 2,631 123,000 137,751 493 72,000 71,789 2000 287 145,000
183,483 3,099 135,000 143,301 707 85,000 85,239 2001 353 170,000
216,561 2,904 160,000 174,584 468 112,500 105,577 2002 299 205,000
250,750 2,736 204,000 210,220 413 125,000 124,962 2003 289 236,000
271,919 2,536 217,000 233,457 226 129,988 135,568 2004 319 255,000
283,838 2,517 222,250 228,691 239 142,000 148,994 2005 362 267,000
298,675 2,357 230,000 233,681 290 150,000 164,940 2006 348 280,000
328,158 2,763 255,000 259,461 330 150,000 164,577 2007 503 310,000
350,940 2,215 289,000 288,475 233 160,000 166,580 2008 404 336,000
370,103 2,403 310,000 310,485 281 161,000 175,357 2009 530 360,000
432,849 2,307 340,000 347,513 221 175,000 192,170 2010 455 416,000
429,658 2,084 364,500 361,460 220 190,000 198,511 2011 354 417,750
417,622 2,066 345,750 340,811 201 195,000 208,129 2012 348 405,000
442,296 2,207 355,000 346,983 329 256,500 235,742 2013 384 425,000
464,534 2,437 385,000 379,308 369 260,500 261,536 2014 496 448,000
520,359 2,531 410,000 411,664 313 285,500 282,121 2015 525 505,000
574,724 2,282 460,000 454,923 271 354,500 318,825 2016 464 562,750
667,832 2,338 518,750 520,533 220 350,000 330,633 2017 460 660,043
696,159 2,058 550,000 537,987 151 362,000 370,823 2018 351 675,000
666,009 1,955 545,000 531,407 184 400,000 374,991 2019 355 650,000
678,207 314 530,500 520,498 37 310,000 369,405 2020 52 674,958
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 273
Yarra Ranges Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
20.64Dev Site 9.79 161260.2084240.005 3328772 1560000 660.32< 298.28<
1427.34Fuel Outlet/Garage 1427.34 2312.002312.001 3300000 3300000 571.43< 300.00<
3461.54Health Clinic Unsp 3461.54 156.00156.002 451500 451500 ND 132.79<
933.49Health Surgery 933.49 857.00857.001 800000 800000 ND ND
149.56Hotel/Motel Unsp 382.77 25007.5025007.502 3740000 3740000 287.69< 467.50<
NAMixed Use Shop NA NANA1 500000 500000 ND ND
655.64Mixed Use Unspec 1995.54 1258.38691.0011 679210 580000 175.76< ND
786.92Office Premises Uns 674.13 895.83725.007 644957 500000 141.84< 289.02<
508.41Pub/Tavern/Club Unsp 820.71 5143.006415.504 2614750 1019500 57.93< 34.71<
1009.39Retail Mult Occ Unsp 591.19 1065.001014.504 1075000 900000 132.84< 155.17<
45.39Retail Sgle Occ Unsp 1239.63 11731.74217.0025 555260 395000 99.00< 125.80<
465.86Shop & Dwelling 467.73 1076.501076.502 501500 501500 ND ND
1967.13Shopping Centre Unsp 1967.13 4077.004077.002 13010000 13010000 ND 67.67<
917.43Vehicle Sales Centre 917.43 3597.003597.001 3300000 3300000 ND 203.08<
925.93Veterinary Clinic 925.93 864.00864.001 800000 800000 228.70< 144.80<Community Services (SM)($/SM) (SM) ($/SM)
1766.44Child Centre Unsp 1766.44 1034.001034.001 1826500 1826500 ND ND
48.81Place of Worship 48.81 29710.0029710.001 1450000 1450000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
1030.47Factory Unit 1076.19 279.00279.005 323600 313000 ND 88.42<
955.47Factory Unsp 1045.13 656.17652.008 574837 483500 104.97< 88.72<
408.44Ind Dev Site 408.44 1469.001469.002 725000 725000 161.11< 188.31<
400.00Major Ind Complex 400.00 17500.0017500.001 7000000 7000000 ND 224.00<
1547.86Warehouse Unspec 1884.66 448.71435.009 695203 605000 139.24< 166.67<
358.89Warehouse/Office 369.34 24481.5024481.502 8786250 8786250 162.71< NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
11.36Closed Roads 11.36 968.00968.001 11000 11000 333.33< 956.52<Primary Production (SM)($/SM) (SM) ($/SM)
4.79DomsticLivestockGraz 9.28 427920.00427920.002 2050000 2050000 111.72< 134.87<
25.18GenCrop >20ha Unspec 31.33 48570.0040500.003 1222933 1250000 ND 179.86<
4.38Livestock – Beef 3.78 414593.80339000.006 2046666 1875000 30.94< ND
10.04MarketGardenVeg <20h 8.59 96253.33106500.003 966666 915000 89.27< 126.21<
5.59MixedFarm&GrazUnsp 4.18 271284.70289863.5010 1516210 1662500 151.14< 182.69<
60.67Plant/Tree Nursery 32.21 34322.6737260.003 2082500 1200000 137.14< 154.34<
7.53Vineyard 9.68 440742.67361660.003 3316666 3500000 141.60< 186.67<Residential (SM)($/SM) (SM) ($/SM)
NACojoin Strata Unsp NA NANA2 430500 430500 102.50< 96.34<
NADetached Home (New) NA NANA2 580000 580000 ND 110.53<
574.24Detached Home Unsp 663.87 1169.66955.501918 667688 650000 96.01< 115.04<
481.41Detached Home(exist) 494.44 1509.251325.0010 688250 548250 113.63< 101.91<
NAOYO Sub Dwelling NA NANA3 598500 585500 ND ND
NARes Co Sh Unit Unsp NA NANA1 640000 640000 ND ND
242.20Res Land (WithBuild) 468.15 2467.002467.002 597500 597500 183.28< 97.15<
30.70Res/Rural Lstyle 76.40 32686.3111910.00277 1006962 935000 94.44< 114.02<
NARetire Village Unit NA NANA17 454588 420000 127.27< 102.44<
2378.37Semi-detached Unspec 3597.90 227.15156.5025 535198 530000 98.38< 114.97<
NASep House&Curtilage NA NANA1 500000 500000 ND 33.77<
NASingle Strata Unit NA NANA10 551525 550500 117.13< 119.67<
NASingle Strata Unsp NA NANA257 541757 550000 101.71< 119.50<
NAStrata Dwelling NA NANA2 685500 685500 ND ND
NAStrata Unit/Flat Uns NA NANA53 489299 500000 86.58< 107.47<
NATownhouse NA NANA9 547139 567300 ND 136.70<
470.32Vac Res A 569.22 745.14663.00167 377709 400000 106.67< 109.59<
134.68Vac Res B 51.64 2586.122324.0017 348294 360000 141.18< 177.78<
15.94Vac Res Rural Lstyle 53.94 34508.7120401.0029 543258 480000 95.05< 152.38<
NAVilla Unit NA NANA1 650000 650000 ND ND
Municipality totals Commercial Total Prices 69 $101,376,383 Commercial Total
Infrastruc&Utilities Total Prices 1 $11,000 Infrastruc&Utilities Total
Industrial Total Prices 27 $38,496,028 Industrial Total
Primary Production Total Prices 30 $54,308,400 Primary Production Total
Residential Total Prices 2,803 $1,856,075,534 Residential Total
Community Services Total Prices 2 $3,276,500 Community Services Total
All Sales Total 2,932 All Sales Total $2,053,543,845
A Guide to Property Values 2019 | Page 274
Residential price statistics 1989 to 2020
Yarriambiack Shire
Vacant House Block MedianHouse Median Unit/Apartment Median
0
40,000
80,000
120,000
160,000
200,000
240,000
280,000
320,000
360,000
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Vacant House Blocks
Mean
Price
Year Median
Price
No. of
Sales
No. of
Sales
No. of
Sales
Median
Price
Mean
Price
Mean
Price
Median
Price
Houses Units/Apartments
39,122 * 139 0 0 29 3,300 7,524 1989 0 * 34,000
35,416 ^ 80 13,250 13,250 31 6,000 10,859 1990 1 ^ 34,250
39,658 * 79 0 0 24 13,750 15,916 1991 0 * 33,000
43,558 * 91 0 0 26 10,177 19,521 1992 0 * 42,000
39,993 ^ 90 53,450 59,975 21 8,500 15,282 1993 4 ^ 35,500
46,915 ^ 106 27,000 29,666 12 9,000 14,970 1994 3 ^ 42,000
46,114 ^ 100 70,000 70,000 22 15,325 22,621 1995 1 ^ 38,500
61,275 ^ 108 75,000 55,833 17 8,500 19,599 1996 3 ^ 41,750
45,305 ^ 102 57,500 57,500 20 6,500 12,801 1997 2 ^ 35,000
39,291 * 105 0 0 27 10,500 22,881 1998 0 * 28,000
44,867 ^ 110 20,000 20,000 18 8,750 13,079 1999 1 ^ 31,000
51,321 ^ 102 63,000 54,333 33 10,000 14,145 2000 3 ^ 37,000
50,071 ^ 116 47,500 47,500 91 15,000 17,596 2001 2 ^ 45,000
56,796 ^ 147 74,500 70,500 64 18,000 21,364 2002 4 ^ 50,000
54,732 ^ 137 80,000 77,666 38 19,625 23,240 2003 3 ^ 48,000
70,660 ^ 145 105,000 105,000 64 19,950 24,730 2004 1 ^ 63,200
76,509 ^ 140 75,000 87,750 38 14,500 25,313 2005 4 ^ 65,000
84,869 * 141 0 0 39 23,000 29,894 2006 0 * 79,000
86,503 ^ 144 30,000 30,000 33 31,500 37,719 2007 1 ^ 75,000
91,628 ^ 133 130,000 124,666 37 13,500 24,010 2008 3 ^ 80,000
89,533 ^ 121 112,500 113,562 40 9,101 23,068 2009 4 ^ 82,000
99,038 ^ 110 144,500 153,750 38 22,750 39,718 2010 4 ^ 85,000
109,389 ^ 114 182,750 187,500 29 36,000 52,408 2011 4 ^ 100,000
105,362 ^ 131 127,500 127,500 35 27,000 31,267 2012 2 ^ 100,000
105,512 ^ 130 145,000 145,000 17 22,000 28,576 2013 1 ^ 90,000
112,778 ^ 126 255,000 255,000 17 20,000 30,791 2014 1 ^ 105,000
104,198 ^ 130 135,000 135,000 17 21,000 32,617 2015 1 ^ 90,000
106,858 ^ 135 151,000 179,833 19 17,500 24,033 2016 3 ^ 93,000
109,700 ^ 131 140,750 140,750 21 16,500 26,500 2017 2 ^ 100,000
116,636 ^ 159 172,500 172,500 27 16,500 19,445 2018 2 ^ 102,000
120,048 ^ 123 122,000 131,000 30 16,650 28,410 2019 4 ^ 108,000
126,707 * 30 0 0 2 37,150 37,150 2020 ^ 0 ^* 109,560
Statistics for 2020 are based on a small number of sales and are preliminary only.A Guide to Property Values 2019 | Page 275
Yarriambiack Shire
Analysis of property sales for 2019
2018
Land Use No of
Sales
Mean Sales
Price ($)
Median Sales
Price ($)
Median Price
per Unit Area
Median Block
size
Price-Indices
(base is 100)
Mean Block
size
Mean Price
per Unit Area2014
Commercial (SM)($/SM) (SM) ($/SM)
123.28Hotel/Motel Unsp 123.28 2393.002393.001 295000 295000 ND ND
154.25Office Premises Uns 154.25 1141.001141.001 176000 176000 ND ND
71.75Pub/Tavern/Club Unsp 71.75 2021.002021.001 145000 145000 ND ND
63.56Retail Mult Occ Unsp 63.56 1180.001180.001 74999 74999 ND 277.77<
18.08Retail Sgle Occ Unsp 96.64 5808.20983.005 105000 95000 110.47< 381.53<
NAShopping Centre Unsp NA NANA1 3490000 3490000 ND NDCommunity Services (SM)($/SM) (SM) ($/SM)
55.61Fire Station 55.61 989.00989.001 55000 55000 ND NDIndustrial (SM)($/SM) (SM) ($/SM)
177777.78Food ProcessingUnsp 177777.78 9.009.001 1600000 1600000 ND ND
57.97OpenStorageUnspec 57.97 1104.001104.001 64000 64000 ND NDInfrastruc&Utilities (SM)($/SM) (SM) ($/SM)
0.12Closed Roads 0.53 18166.0018166.002 2150 2150 ND NDPrimary Production (SM)($/SM) (SM) ($/SM)
0.15DomsticLivestockGraz 1.09 1374450.001374450.003 250000 270000 76.64< ND
0.77GenCrop >20ha Unspec 0.51 1607901.771290000.0036 1244008 845205 188.66< 300.63<
0.33Livestock – Beef 0.33 2560000.002560000.001 850000 850000 ND ND
0.35MixedFarm&GrazUnsp 0.17 1977611.271894000.0011 682763 636249 63.49< 193.02<Residential (SM)($/SM) (SM) ($/SM)
113.20Detached Home Unsp 60.00 1060.491000.00123 120048 108000 104.85< 113.68<
5.05Res/Rural Lstyle 6.08 50966.7346000.0011 257204 279500 101.64< 283.32<
NASingle Strata Unsp NA NANA4 131000 122000 44.36< 80.79<
16.42Storage Area Rural 16.42 1006.001006.001 16519 16519 ND ND
33.59Vac Res A 13.68 886.26950.0027 29770 17000 113.41< 106.25<
6.02Vac Res B 4.59 2684.332832.003 16166 13000 75.36< 52.00<
0.58Vac Res Rural Lstyle 0.12 38438.6718316.003 22360 20881 44.67< 149.15<
Municipality totals Infrastruc&Utilities Total Prices 2 $4,300 Infrastruc&Utilities Total
Commercial Total Prices 10 $4,705,999 Commercial Total
Community Services Total Prices 1 $55,000 Community Services Total
Industrial Total Prices 2 $1,664,000 Industrial Total
Primary Production Total Prices 51 $53,894,713 Primary Production Total
Residential Total Prices 172 $19,055,104 Residential Total
All Sales Total 238 All Sales Total $79,379,116
A Guide to Property Values 2019 | Page 276