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REPORTOCTOBER - DECEMBER 2022REPORTMARKET
MARKET REPORTProperty market down but every cloud has a silver liningThere would be no sector of the economy more sensitive to rising interest rates than the housing market. So, after eight consecutive rate rises over the last 12 months aimed at osetting rising inflation, including a few 0.5% hikes, it should come as no surprise to learn that the ramifications were felt across the entire national market.The good news is, markets didn’t collapse as significantly as some experts predicted. How did the Melbourne property market fare in the final quarter of 2022?Melbourne’s median house price experienced diminishing declines in October, November and December (1.76%, 1.0% and 0.34% respectively) bringing the quarterly loss to -3.1% and the median price for all dwellings to $802,000 in December. Overall, Melbourne house prices fell 8.1% in 2022 and the overall dwelling price (for houses and units) was down 5.16%.Putting things into perspectiveWhile falling property prices, interest rate hikes and rising inflation have reduced confidence in both buyers and sellers, it is important to consider all angles. Firstly, the 0.34% fall in December was the smallest monthly decline recorded since prices began falling in April. Furthermore, property prices in Melbourne are still 14% higher than they were before the pandemic.Other silver linings to the current state of the property market in Melbourne:• Low supply means less competition for sellers.• It’s a great time to enter the market as a first homebuyer.• Melbourne property investors are reaping substantial rewards.The upside for first homebuyers: the latest ABS Lending Indicators data reveals that the number of first homebuyers fell 3.2% in the December quarter, almost half the peak level seen in 2021. Today’s lower median property price will make more first homebuyers in Victoria eligible for the First Home Owner Grant of $10,000 as it is only available for the purchase of an existing property up to the value of $750,000. Other incentives for first homebuyers include removing or reducing stamp duty and the Victorian Homebuyer Fund Shared Equity Scheme for those struggling to save for a deposit (Under this scheme, a 5% deposit is all that is required).And for investors: With Melbourne rents hitting an all-time high in December coupled with low supply and increasing demand, 2023 is an opportune time to purchase your first investment property or grow your existing portfolio. In the December quarter, the median weekly rent rose 2.3% to $450, an increase of 9.8% since the start of 2022. This trend is expected to continue throughout 2023.How did your suburb fare in the last quarter of 2022?This report breaks down the results for all 13 suburbs we look after as City of Brimbank property specialists. Simply turn to the page for your suburb to find the following information at a glance for houses, townhouses, units and apartments:• Highest sale price achieved• Lowest sale price• Median price• Total value of properties sold and the total number sold• Growth trendsThe report also provides detailed information about each property sold during the fourth quarter.Keen to explore the advantages presented by the current state of the market?As you can see, it is true what they say: for every cloud, there is always a silver lining. Let us show you how to take advantage of the opportunities today’s market presents. Whether you are thinking about upgrading, ‘rightsizing’, buying your first home or investing, contact us for an obligation-free discussion about your current and future plans and goals. And if you have a property to sell, we will provide you with a comprehensive, accurate marketplace appraisal so you know where you stand and can make informed decisions about your next move.decisions about your next move. 0403 675 922 dean@bellsrealestate.com.au
$200,000$360,000$520,000$680,000$840,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - AlbanvaleALBANVALE Highest sale price $888,888 $590,000Lowest sale price $510,000 $510,000Median price $600,000 $552,500Total price value of properties sold $8,812,988 $2,205,000Properties Sold14 4 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE10 Tarlee Drive 8 Oct 2022 530 sqm $510,0006 Kardinia Drive 11 Oct 2022 534 sqm $643,00030 President Road 13 Oct 2022 548 sqm $640,0003 Annetta Court 14 Oct 2022 534 sqm $600,0004 Witchwood Close 18 Oct 2022 539 sqm $510,00087 McCann Drive 25 Oct 2022 388 sqm $600,00059 McCann Drive 27 Oct 2022 388 sqm $550,000ADDRESS SALE DATE LAND PRICE27/55B Oakwood Road 23 Oct 2022 $510,00054A Trafalgar Street 29 Oct 2022 267 sqm $590,000ADDRESS SALE DATE LAND PRICE10 Firbank Terrace 29 Oct 2022 671 sqm $888,8889 Windbreak Court 5 Nov 2022 536 sqm $530,00013 Pineneedle Court 16 Nov 2022 576 sqm $600,00028 Oakwood Road 25 Nov 2022 529 sqm $595,000135 Opie Road 3 Dec 2022 1186 sqm $856,10017 Albanvale Drive 9 Dec 2022 378 sqm $700,00070 Dover Street 23 Dec 2022 540 sqm $590,000ADDRESS SALE DATE LAND PRICE54 Trafalgar Street 9 Nov 2022 267 sqm $590,00013A Varsity Court 10 Dec 2022 279 sqm $515,000SOLD $590,000SOLD $700,000SOLD $888,88810 Firbank TerraceALBANVALE17 Albanvale DriveALBANVALE54A Trafalgar StreetALBANVALE3
HousesUnits Market Trend - Albion$200,000$440,000$680,000$920,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019June 2021Dec 2022ALBION Highest sale price $1,210,000 $1,200,000Lowest sale price $720,000 $228,000Median price $842,000 $590,000Total price value of properties sold $4,617,000 $6,838,500Properties Sold5 12 OCTOBER - DECEMBER 2022SOLD $805,000SOLD $400,000SOLD $1,040,0001 Delmont Street ALBION4/3 King Edward AvenueALBION5 Sydney Street ALBIONADDRESS SALE DATE LAND PRICE3/8 Burnewang Street 7 Oct 2022 $247,0001/2 Perth Avenue 8 Oct 2022 206 sqm $688,5002/23 Wyalong Street 13 Oct 2022 239 sqm $745,0002/19 Norwood Street 19 Oct 2022 129 sqm $580,0001/42 Burnewang Street 21 Oct 2022 301 sqm $702,50047 Derrimut Street 26 Oct 2022 176 sqm $640,000ADDRESS SALE DATE LAND PRICE6/52 King Edward Ave 16 Nov 2022 $235,00018/5 King Edward Avenue 28 Nov 2022 $228,00033C Hutchinson Street 29 Nov 2022 103 sqm $572,500523A Ballarat Road 5 Dec 2022 247 sqm $600,00033D Hutchinson Street 6 Dec 2022 103 sqm $1,200,0004/3 King Edward Avenue 20 Dec 2022 135 sqm $400,000ADDRESS SALE DATE LAND PRICE1 Delmont Street 5 Oct 2022 585 sqm $1,040,00015 Susan Street 19 Nov 2022 580 sqm $720,00035 Norwood Street 8 Dec 2022 600 sqm $842,000ADDRESS SALE DATE LAND PRICE40 Ridley Street 17 Dec 2022 1172 sqm $1,210,0005 Sydney Street 17 Dec 2022 877 sqm $805,0004
HousesUnits$200,000$260,000$320,000$380,000$440,000$500,000$560,000$620,000$680,000$740,000$800,000Mar 2010June 2012Sep 2014Dec 2016Mar 2019June 2021Dec 2022ARDEER J Market Trend - ArdeerADDRESS SALE DATE LAND PRICE99 Blanche Street 22 Oct 2022 597 sqm $611,500112 McLaughlin Street 28 Oct 2022 604 sqm $710,00048 Verdant Avenue 28 Oct 2022 557 sqm $630,00038 Verdant Avenue 5 Nov 2022 557 sqm $775,00072 Suspension Street 26 Nov 2022 604 sqm $780,00013 McLaughlin Street 5 Dec 2022 604 sqm $620,00025 Rockbank Road 7 Dec 2022 872 sqm $871,00015 Sunhill Crescent 14 Dec 2022 556 sqm $870,000 Highest sale price $871,000 -Lowest sale price $611,500 -Median price $742,500 -Total price value of properties sold $5,867,500 -Properties Sold8 0 OCTOBER - DECEMBER 2022SOLD $630,000SOLD $775,000SOLD $870,00015 SUNHILL CRESCENTARDEER38 Verdant AvenueARDEER48 Verdant AvenueARDEER5
Highest sale price $985,000 $945,000Lowest sale price $610,000 $260,000Median price $821,000 $615,000Total price value of properties sold $9,793,000 $15,220,000Properties Sold12 26ADDRESS SALE DATE LAND PRICE22 Balmoral Street 13 Oct 2022 583 sqm $850,0007 Moama Street 15 Oct 2022 653 sqm $850,00016 Kingsford Street 22 Oct 2022 644 sqm $855,00014 Marnoo Street 29 Oct 2022 648 sqm $770,0005 Lawton Street 5 Nov 2022 442 sqm $610,00013 Stores Court 15 Nov 2022 390 sqm $950,00035 Shepherd Street 17 Nov 2022 620 sqm $780,0001 Ruby Way 24 Nov 2022 446 sqm $985,00017 Kenneth Street 3 Dec 2022 583 sqm $760,00062 Lily Street 3 Dec 2022 646 sqm $792,00020 Kenross Court 5 Dec 2022 534 sqm $871,00016 Turner Crescent 16 Dec 2022 647 sqm $720,000 OCTOBER - DECEMBER 2022$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Dec 2022 Market Trend - Braybrook6
OCTOBER - DECEMBER 2022SOLD $795,000SOLD $855,000SOLD $840,000SOLD $760,000SOLD $985,000SOLD $710,0001 Ruby Way BRAYBROOK5A Menzies StreetBRAYBROOK1/38 Lily Street BRAYBROOK17 Kenneth StreetBRAYBROOK1/51 Pritchard AvenueBRAYBROOK16 Kingsford StreetBRAYBROOKADDRESS SALE DATE LAND PRICE1/51 Pritchard Avenue 4 Oct 2022 234 sqm $795,000309/251 Ballarat Road 9 Oct 2022 $303,0001/38 Lily Street 10 Oct 2022 209 sqm $840,0002/52 Darnley Street 13 Oct 2022 151 sqm $778,000103/251 Ballarat Road 16 Oct 2022 $260,0008/231 Ballarat Road 19 Oct 2022 174 sqm $681,0001/18 Lawn Crescent 20 Oct 2022 $315,0002 Munitions Walk 20 Oct 2022 138 sqm $751,5009 Munitions Walk 21 Oct 2022 110 sqm $731,50071 Teague Crescent 27 Oct 2022 191 sqm $770,000308/251 Ballarat Road 5 Nov 2022 $320,0005C Lawton Street 5 Nov 2022 133 sqm $610,0003/27 Marnoo Street 6 Nov 2022 157 sqm $640,000ADDRESS SALE DATE LAND PRICE3/52 Darnley Street 11 Nov 2022 116 sqm $620,0008/29 South Road 17 Nov 2022 $380,0003/10 Cherry Crescent 18 Nov 2022 142 sqm $530,0005A Menzies Street 26 Nov 2022 284 sqm $710,00016/11 Kent Street 28 Nov 2022 $325,0001/26 Carlton Street 28 Nov 2022 256 sqm $585,00013 Dobson Crescent 5 Dec 2022 297 sqm $635,0003/2-4 Elizabeth Street 12 Dec 2022 101 sqm $355,0002/38 Lily Street 12 Dec 2022 136 sqm $600,0005/29 South Road 15 Dec 2022 $375,00077A Joy Street 15 Dec 2022 291 sqm $945,0006/20 Duke Street 22 Dec 2022 133 sqm $560,0001/6 Windsor Street 23 Dec 2022 262 sqm $805,0007
$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021 Dec 2022 Market Trend - CairnleaCAIRNLEA Highest sale price $1,430,000 $675,000Lowest sale price $740,000 $335,000Median price $1,020,000 $430,200Total price value of properties sold $13,463,000 $2,300,200Properties Sold13 5 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE6 Woodsdale Court 11 Oct 2022 608 sqm $1,179,00034 Chesterfield Road 13 Oct 2022 511 sqm $1,161,00024 Longwood Avenue 24 Oct 2022 375 sqm $740,0005 Flowerdale Road 27 Oct 2022 654 sqm $1,020,00033 Woodburn Avenue 19 Nov 2022 659 sqm $1,040,0006 Dianella Street 24 Nov 2022 668 sqm $1,430,0008
OCTOBER - DECEMBER 2022SOLD $905,000SOLD $935,000SOLD $1,179,000SOLD $1,161,000SOLD $1,020,000SOLD $920,0005 Flowerdale RoadCAIRNLEA24 Minvi TerraceCAIRNLEA6 Woodsdale CourtCAIRNLEA34 Chesterfield RoadCAIRNLEA19 Breadalbane AvenueCAIRNLEA35 Glenbrook AvenueCAIRNLEAADDRESS SALE DATE LAND PRICE213/118 Cairnlea Drive 28 Oct 2022 $420,000417/118 Cairnlea Drive 7 Nov 2022 61 sqm $335,00010 Japonica Court 28 Nov 2022 295 sqm $675,000409/118 Cairnlea Drive 30 Nov 2022 $440,000407/118 Cairnlea Drive 2 Dec 2022 $430,200ADDRESS SALE DATE LAND PRICE8 Sunnyside Way 26 Nov 2022 702 sqm $1,055,00024 Minvi Terrace 7 Dec 2022 437 sqm $920,00035 Glenbrook Avenue 7 Dec 2022 609 sqm $935,0009 Waterview Drive 7 Dec 2022 570 sqm $1,380,00021 Homebush Road 17 Dec 2022 540 sqm $818,00019 Breadalbane Avenue 18 Dec 2022 558 sqm $905,00034 Dunbarrim Avenue 28 Dec 2022 549 sqm $880,0009
$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - Caroline SpringsCAROLINE SPRINGS Highest sale price $1,450,000 $730,000Lowest sale price $515,000 $425,000Median price $760,000 $456,000Total price value of properties sold $52,517,944 $5,111,500Properties Sold65 10 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE6 Boathouse Drive 1 Oct 2022 202 sqm $907,0008 Boathouse Drive 1 Oct 2022 310 sqm $907,00028 Damaine Circuit 1 Oct 2022 601 sqm $984,0001 Lind Place 3 Oct 2022 300 sqm $615,00044 Goodenia Way 3 Oct 2022 560 sqm $865,00011 Vintage Way 4 Oct 2022 400 sqm $750,00018 Jolimont Street 5 Oct 2022 202 sqm $700,0006 Swan Street 5 Oct 2022 203 sqm $937,5005 Linlithgow Parade 5 Oct 2022 797 sqm $1,100,0008 Grandstand Avenue 7 Oct 2022 312 sqm $833,0005 St Johns Walk 8 Oct 2022 652 sqm $795,00010 Tweed Place 8 Oct 2022 586 sqm $875,00054 Wyperfeld Circuit 10 Oct 2022 648 sqm $750,00026 Cobaw Circuit 10 Oct 2022 640 sqm $1,100,0004 Kensington Street 11 Oct 2022 202 sqm $820,000ADDRESS SALE DATE LAND PRICE5 Worthwent Lane 17 Oct 2022 238 sqm $700,00047 Botanical Drive 18 Oct 2022 400 sqm $705,0005 Alpine Gardens 19 Oct 2022 300 sqm $586,00010 Seddon Place 22 Oct 2022 398 sqm $1,240,00039 Goulburn Circuit 23 Oct 2022 371 sqm $680,00057 Botanical Drive 26 Oct 2022 400 sqm $700,00042 Milburn Circuit 29 Oct 2022 400 sqm $705,0007 Pepper Tree Court 29 Oct 2022 583 sqm $884,44428 Drummond Street 29 Oct 2022 853 sqm $1,095,000124 The Esplanade 29 Oct 2022 263 sqm $1,301,00029 The Avenue 30 Oct 2022 412 sqm $680,0009 Morwell Gardens 2 Nov 2022 400 sqm $597,5005 Honour Lane 4 Nov 2022 594 sqm $587,50045 Clarendon Wynd 4 Nov 2022 530 sqm $760,00013 Bendigo Circuit 5 Nov 2022 400 sqm $875,00010
OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE15 Castlemaine Way 8 Nov 2022 300 sqm $600,00061 Lawson Way 9 Nov 2022 560 sqm $960,00020 Goodenia Way 12 Nov 2022 614 sqm $945,50012 Lindley Avenue 16 Nov 2022 447 sqm $760,0004 Greenwich Crescent 16 Nov 2022 448 sqm $720,00021 Woodward Way 21 Nov 2022 609 sqm $1,071,00026 Wyperfeld Circuit 25 Nov 2022 322 sqm $615,00016 Tamborine Way 26 Nov 2022 400 sqm $515,00064 Kororoit Approach 26 Nov 2022 455 sqm $807,00010 Westerfolds Terrace 27 Nov 2022 400 sqm $750,5003 Hascombe Drive 28 Nov 2022 674 sqm $940,0006 Barrett Mews 29 Nov 2022 914 sqm $845,0003 Jells Place 29 Nov 2022 537 sqm $860,0009 Greville Street 2 Dec 2022 233 sqm $760,00056 Grampians Way 5 Dec 2022 363 sqm $535,0009 Scotsburn Place 7 Dec 2022 266 sqm $653,00012 Hunts Cross Way 8 Dec 2022 319 sqm $612,50018 Derwent Close 8 Dec 2022 448 sqm $760,000ADDRESS SALE DATE LAND PRICE2 Lake Logan Way 8 Dec 2022 971 sqm $1,450,00022 Wattlepark Street 9 Dec 2022 406 sqm $710,00020 Lake Logan Way 10 Dec 2022 794 sqm $1,320,0002 Muirhead Gardens 11 Dec 2022 490 sqm $735,00018 Strutt Place 12 Dec 2022 312 sqm $540,00012 Betchworth Close 12 Dec 2022 400 sqm $715,00030 Otago Loop 13 Dec 2022 750 sqm $1,100,0007 Lancefield Drive 14 Dec 2022 586 sqm $860,00013 Hinchinbrook Close 15 Dec 2022 350 sqm $562,500119 Oakview Parade 16 Dec 2022 350 sqm $815,00027 Cranwell Square 17 Dec 2022 607 sqm $815,00010 Eppalock Circuit 17 Dec 2022 437 sqm $835,00022 Lancely Green 20 Dec 2022 335 sqm $571,0003 Wyperfeld Circuit 21 Dec 2022 320 sqm $630,00025 Broadway 21 Dec 2022 400 sqm $700,0006 Klippel Way 22 Dec 2022 459 sqm $700,00058 Edgbaston Parade 23 Dec 2022 400 sqm $715,000SOLD $705,000SOLD $1,095,000SOLD $984,00028 Damaine CircuitCAROLINE SPRINGS28 Drummond StreetCAROLINE SPRINGS42 Milburn CircuitCAROLINE SPRINGSADDRESS SALE DATE LAND PRICE2/69-77 Lancefield Drive 1 Oct 2022 92 sqm $462,0005 The Entrance 3 Oct 2022 154 sqm $602,000303/173 Caroline Springs Blvd21 Oct 2022 $450,0001 Fetcham Lane 31 Oct 2022 186 sqm $582,5001/2 Monckton Place 4 Nov 2022 154 sqm $425,000ADDRESS SALE DATE LAND PRICE110/9 Commercial Road 4 Nov 2022 $435,000310/173 Caroline Springs Blvd14 Nov 2022 $545,00012/13 Greville Street 17 Nov 2022 335 sqm $730,000147/73 Lake Street 24 Nov 2022 $440,000344/73 Lake Street 5 Dec 2022 212 sqm $440,00011
$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - BurnsideBURNSIDE Highest sale price $810,000 -Lowest sale price $582,000 -Median price $702,500 -Total price value of properties sold $8,301,000 -Properties Sold12 0 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE47 Fydler Avenue 5 Oct 2022 320 sqm $590,00021 Perkins Grove 15 Oct 2022 622 sqm $715,00027 Paringa Way 4 Nov 2022 704 sqm $800,000144 Westwood Drive 12 Nov 2022 663 sqm $740,0006 Fairweather Drive 14 Nov 2022 320 sqm $582,00023 Charlesworth Cres 30 Nov 2022 615 sqm $690,000ADDRESS SALE DATE LAND PRICE24 Wood Grove 30 Nov 2022 643 sqm $785,0008 Fairweather Drive 13 Dec 2022 320 sqm $587,0002 Flinto Avenue 14 Dec 2022 542 sqm $600,0002 Woodbridge Place 16 Dec 2022 503 sqm $751,00023 Wood Grove 26 Dec 2022 618 sqm $651,00030 Montmarte Boulevard 26 Dec 2022 512 sqm $810,000SOLD $810,000SOLD $587,000SOLD $651,00023 Wood GroveBURNSIDE8 Fairweather DriveBURNSIDE30 Montmarte Boulevard BURNSIDE12
$200,000$360,000$520,000$680,000$840,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - DerrimutDERRIMUT Highest sale price $971,000 $420,000Lowest sale price $600,000 $420,000Median price $775,000 $420,000Total price value of properties sold $12,646,500 $420,000Properties Sold16 1 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE5 Rothesay Avenue 1 Oct 2022 770 sqm $971,00091 Sherrington Grange 5 Oct 2022 437 sqm $655,00011 Sudley Road 6 Oct 2022 598 sqm $695,00024 Pembroke Crescent 10 Oct 2022 400 sqm $770,00015 Ickworth Crescent 10 Oct 2022 672 sqm $940,00024 Fernhurst Avenue 15 Oct 2022 493 sqm $714,50021 Lawn Hill Avenue 26 Oct 2022 525 sqm $780,00012 Blair Road 27 Oct 2022 423 sqm $655,000ADDRESS SALE DATE LAND PRICE8 Drum Street 11 Nov 2022 528 sqm $770,0006 Colchester Vista 18 Nov 2022 650 sqm $860,00046 Palmer Parade 21 Nov 2022 563 sqm $874,00016 Palmer Parade 26 Nov 2022 493 sqm $920,00070 Foleys Road 7 Dec 2022 417 sqm $788,0007 Wigmore Street 15 Dec 2022 400 sqm $699,000131 Lennon Parkway 17 Dec 2022 747 sqm $955,0005 Sherrington Grange 19 Dec 2022 420 sqm $600,000SOLD $699,000SOLD $600,000SOLD $971,0005 Rothesay AvenueDERRIMUT5 Sherrington GrangeDERRIMUT7 Wigmore StreetDERRIMUTADDRESS SALE DATE LAND PRICE2/13 Fernhurst Avenue 14 Oct 2022 176 sqm $420,00013
Highest sale price $945,000 $580,000Lowest sale price $490,000 $410,500Median price $636,500 $489,000Total price value of properties sold $21,190,000 $4,916,500Properties Sold32 10 OCTOBER - DECEMBER 2022$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - Deer ParkDEER PARK ADDRESS SALE DATE LAND PRICE48 Opie Road 1 Oct 2022 544 sqm $583,0006 Oconnor Road 1 Oct 2022 512 sqm $635,00047 Hemsley Drive 3 Oct 2022 701 sqm $945,00010 Lewin Street 8 Oct 2022 544 sqm $926,00046 Chester Crescent 10 Oct 2022 618 sqm $612,50026 Egan Street 10 Oct 2022 669 sqm $767,0006 Slough Street 15 Oct 2022 663 sqm $598,50053 Hogan Street 15 Oct 2022 604 sqm $692,00044 Millbank Drive 15 Oct 2022 672 sqm $813,00018 Jonah Parade 17 Oct 2022 344 sqm $657,0009 Wandsworth Avenue 20 Oct 2022 561 sqm $550,00030 Welwyn Parade 20 Oct 2022 664 sqm $565,00019 Ravenslea Crescent 20 Oct 2022 585 sqm $580,00017 Davitt Drive 22 Oct 2022 572 sqm $645,00050 Chester Crescent 24 Oct 2022 571 sqm $490,00058 Hatchlands Drive 25 Oct 2022 330 sqm $638,000ADDRESS SALE DATE LAND PRICE15 Mawson Avenue 27 Oct 2022 547 sqm $549,00038 Cavendish Drive 31 Oct 2022 576 sqm $610,00015 Birchwood Boulevard 2 Nov 2022 628 sqm $722,00035 Kynoch Street 4 Nov 2022 664 sqm $595,00017 Christie Street 5 Nov 2022 502 sqm $580,00080 Duncombe Park Way 9 Nov 2022 425 sqm $647,00034 Marcellin Court 11 Nov 2022 872 sqm $660,00036 Huddersfield Road 26 Nov 2022 604 sqm $708,00092 Duncombe Park Way 26 Nov 2022 561 sqm $750,00062 Hemsley Drive 2 Dec 2022 612 sqm $840,00083 Lee Street 10 Dec 2022 305 sqm $495,00024 Dalmuir Boulevard 13 Dec 2022 576 sqm $803,00093 Pioneer Drive 14 Dec 2022 357 sqm $630,00021 Meager Street 15 Dec 2022 604 sqm $635,00023 Byrne Street 17 Dec 2022 697 sqm $674,00017 Bridie Street 21 Dec 2022 336 sqm $595,00014
OCTOBER - DECEMBER 2022SOLD $565,000SOLD $840,000SOLD $645,000SOLD $638,000SOLD $722,000SOLD $525,00015 Birchwood BoulevardDEER PARK38B Huddersfield RoadDEER PARK17 Davitt Drive DEER PARK58 Hatchlands DriveDEER PARK30 Welwyn ParadeDEER PARK62 Hemsley DriveDEER PARKADDRESS SALE DATE LAND PRICE44A Clairview Road 12 Oct 2022 183 sqm $480,0001/38 Carroll Street 18 Oct 2022 280 sqm $520,0002/36 Laming Road 28 Oct 2022 164 sqm $450,00038B Huddersfield Road 7 Nov 2022 164 sqm $525,0001/24 Glencairn Avenue 8 Nov 2022 314 sqm $410,50010A Murphy Street 11 Nov 2022 278 sqm $580,0001/21 Egan Street 3 Dec 2022 $475,0001/51 Carroll Street 6 Dec 2022 247 sqm $518,0003/16 Kynoch Street 8 Dec 2022 $460,0002/147 Station Road 8 Dec 2022 248 sqm $498,00015
Highest sale price $1,100,000 $790,000Lowest sale price $480,000 $345,000Median price $670,000 $537,500Total price value of properties sold $38,149,500 $16,331,976Properties Sold55 29 OCTOBER - DECEMBER 2022$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2016Dec 2017Sep 2019Jun 2021Dec 2022 Market Trend - Sunshine WestST ALBANS ADDRESS SALE DATE LAND PRICE222 Furlong Road 1 Oct 2022 664 sqm $847,00049 Avondale Avenue 1 Oct 2022 651 sqm $855,00048 McArthur Avenue 2 Oct 2022 719 sqm $620,00019 Obrien Drive 6 Oct 2022 554 sqm $590,00028 Ravenna Street 6 Oct 2022 534 sqm $650,00032 View Street 6 Oct 2022 608 sqm $730,00033 Millawa Avenue 8 Oct 2022 699 sqm $660,00012 Manfred Avenue 8 Oct 2022 651 sqm $670,00010 Magnus Street 8 Oct 2022 725 sqm $690,00014 Epalock Crescent 10 Oct 2022 531 sqm $620,00022 Laurel Street 11 Oct 2022 319 sqm $550,00014 Paringa Drive 11 Oct 2022 552 sqm $760,00023 Walter Street 12 Oct 2022 609 sqm $810,00067 Errington Road 15 Oct 2022 650 sqm $750,00012 Ironbark Street 18 Oct 2022 534 sqm $650,00081 Walmer Avenue 18 Oct 2022 697 sqm $705,00066 George Street 18 Oct 2022 766 sqm $985,000ADDRESS SALE DATE LAND PRICE2 Pennell Avenue 19 Oct 2022 323 sqm $488,00016 Clacton Street 21 Oct 2022 556 sqm $650,000251 Main Road West 21 Oct 2022 609 sqm $770,00018 Corunna Avenue 22 Oct 2022 556 sqm $753,00012 Charlbury Grove 23 Oct 2022 588 sqm $600,00014 Stradbroke Drive 25 Oct 2022 534 sqm $650,00017 Grace Street 26 Oct 2022 585 sqm $480,00077 Theodore Street 31 Oct 2022 552 sqm $675,00023 Edgerunner Circuit 31 Oct 2022 363 sqm $852,5002 Alexina Street 2 Nov 2022 604 sqm $1,100,00048 Erica Avenue 4 Nov 2022 613 sqm $780,00010 Rosslare Parade 7 Nov 2022 534 sqm $615,00039 Charles Street 8 Nov 2022 585 sqm $630,000253 Taylors Road 10 Nov 2022 625 sqm $575,00066 Leslie Street 17 Nov 2022 589 sqm $620,00010 Errington Road 19 Nov 2022 647 sqm $592,00012 Penola Close 19 Nov 2022 630 sqm $675,00016
ADDRESS SALE DATE LAND PRICE3 Adelaide Street 19 Nov 2022 1011 sqm $905,00084 Jamieson Street 21 Nov 2022 652 sqm $650,000152 Alfrieda Street 21 Nov 2022 756 sqm $875,00030 Oberon Avenue 26 Nov 2022 697 sqm $707,00046 Jamieson Street 29 Nov 2022 604 sqm $622,50027 Eddie Street 2 Dec 2022 585 sqm $610,0002 Dundee Street 2 Dec 2022 528 sqm $650,00011 Harleston Street 2 Dec 2022 534 sqm $685,0003 Merrimu Court 6 Dec 2022 704 sqm $712,0001 Peter Court 7 Dec 2022 654 sqm $585,0003 Moonstone Circuit 10 Dec 2022 438 sqm $520,000ADDRESS SALE DATE LAND PRICE39 Emily Street 10 Dec 2022 581 sqm $543,50018 Skipton Street 10 Dec 2022 534 sqm $722,00072 Collins Street 10 Dec 2022 669 sqm $920,00067 George Street 13 Dec 2022 797 sqm $675,00015 Adams Street 15 Dec 2022 810 sqm $650,00020 Luxford Street 15 Dec 2022 615 sqm $700,0001 Walter Street 16 Dec 2022 587 sqm $660,00016 Andrew Road 16 Dec 2022 604 sqm $670,00015 Percy Street 19 Dec 2022 553 sqm $740,0008 Clarice Close 21 Dec 2022 692 sqm $700,000ADDRESS SALE DATE LAND PRICE1/33 Arthur Street 5 Oct 2022 290 sqm $495,00034 Gratz Street 7 Oct 2022 158 sqm $590,0001/113 Alfrieda Street 10 Oct 2022 227 sqm $635,0003/87 Helen Street 12 Oct 2022 108 sqm $485,0002/4 Graceburn Grove 12 Oct 2022 89 sqm $510,0002/22 Garfield Street 14 Oct 2022 137 sqm $422,00046B Power Street 15 Oct 2022 198 sqm $570,0001/36 Andrea Street 19 Oct 2022 163 sqm $603,00012B Gratz Street 19 Oct 2022 83 sqm $649,5004/24 Bailey Street 25 Oct 2022 $545,0001/8 Ivanhoe Avenue 26 Oct 2022 224 sqm $670,0002/173 St Albans Road 31 Oct 2022 131 sqm $580,0001/29 Lester Avenue 2 Nov 2022 208 sqm $333,9762/73 Avondale Avenue 2 Nov 2022 352 sqm $520,0008/221 Main Road East 8 Nov 2022 83 sqm $360,000ADDRESS SALE DATE LAND PRICE2/83 Avondale Avenue 12 Nov 2022 359 sqm $510,0006/18 James Street 14 Nov 2022 167 sqm $423,0004/37 Pennell Avenue 15 Nov 2022 64 sqm $480,0003/150 Power Street 17 Nov 2022 712 sqm $605,0001/35 Butler Street 17 Nov 2022 244 sqm $515,0002/34 Vule Street 18 Nov 2022 $790,0001/255 Main Road West 30 Nov 2022 338 sqm $523,00026A Errington Road 3 Dec 2022 318 sqm $615,00019/32 East Esplanade 6 Dec 2022 $345,0001/79 Avondale Avenue 7 Dec 2022 285 sqm $400,5002A Lee Street 10 Dec 2022 290 sqm $565,0001/85 George Street 10 Dec 2022 177 sqm $752,0004/85 George Street 15 Dec 2022 170 sqm $730,0002/55 Power Street 16 Dec 2022 483 sqm $530,000 OCTOBER - DECEMBER 2022SOLD $852,500SOLD $712,000SOLD $488,0002 Pennell Avenue ST ALBANS3 Merrimu Court ST ALBANS23 Edgerunner CircuitST ALBANS17
$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Dec 2022 Market Trend - Sunshine Highest sale price $1,354,000 $990,000Lowest sale price $685,000 $200,832Median price $855,000 $374,750Total price value of properties sold $16,025,000 $9,617,380Properties Sold17 22 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE23 Dundalk Street 1 Oct 2022 697 sqm $755,00010 Ritchie Court 1 Oct 2022 516 sqm $1,354,00023 Couch Street 6 Oct 2022 429 sqm $850,00035 Fraser Street 7 Oct 2022 744 sqm $790,0003 Kingaroy Road 8 Oct 2022 561 sqm $936,0004 Tribe Street 8 Oct 2022 665 sqm $1,210,00032 Matthews Street 8 Oct 2022 700 sqm $1,321,00062 Ardoyne Street 14 Oct 2022 595 sqm $685,000129 Morris Street 21 Oct 2022 446 sqm $855,000ADDRESS SALE DATE LAND PRICE168 Morris Street 26 Oct 2022 529 sqm $820,0001 Boreham Street 10 Nov 2022 706 sqm $817,0004 Dorothy Avenue 30 Nov 2022 613 sqm $765,000362 Hampshire Crescent 3 Dec 2022 697 sqm $1,320,00014 Jessie Street 10 Dec 2022 579 sqm $731,00057 Parsons Street 10 Dec 2022 588 sqm $930,00011 Union Street 16 Dec 2022 488 sqm $861,0003 Cornwall Road 17 Dec 2022 568 sqm $1,025,00018
SOLD $936,000SOLD $1,321,000SOLD $1,025,000SOLD $1,210,000SOLD $817,000SOLD $765,0001 Boreham StreetSUNSHINE4 Dorothy AvenueSUNSHINE3 Cornwall Road SUNSHINE4 Tribe Street SUNSHINE3 Kingaroy RoadSUNSHINE32 Matthews StreetSUNSHINE OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE604/1 Foundry Road 5 Oct 2022 $280,0008/117 Devonshire Road 10 Oct 2022 $415,0004/4 Una Street 13 Oct 2022 $200,8325/4 Una Street 13 Oct 2022 $200,8328/4 Una Street 13 Oct 2022 $200,8329/4 Una Street 13 Oct 2022 $200,83211/4 Una Street 13 Oct 2022 $200,83212/4 Una Street 13 Oct 2022 $200,8324/117 Devonshire Road 14 Oct 2022 $420,0002/7 Pengelly Court 24 Oct 2022 $245,0003/117 Devonshire Road 31 Oct 2022 $412,5002/47 Stanford Street 1 Nov 2022 297 sqm $599,000ADDRESS SALE DATE LAND PRICE2/22 Cobrey Street 2 Nov 2022 199 sqm $530,00014 Freeman Street 11 Nov 2022 250 sqm $580,0009A Jessie Street 12 Nov 2022 289 sqm $990,00026/437 Ballarat Road 19 Nov 2022 $300,0002/51 Anderson Road 27 Nov 2022 50 sqm $270,0003/17 Dorothy Avenue 27 Nov 2022 174 sqm $888,88836B Lynch Street 9 Dec 2022 246 sqm $605,000101/401 Hampshire Road 13 Dec 2022 $337,0002/91-93 Devonshire Road 13 Dec 2022 294 sqm $610,0008B High Street 17 Dec 2022 248 sqm $930,00019
$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Dec 2022 Market Trend - Sunshine North Highest sale price $1,101,000 $870,000Lowest sale price $611,000 $535,000Median price $737,500 $610,000Total price value of properties sold $11,508,888 $3,310,000Properties Sold15 5 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE55 Meadowbank Drive 1 Oct 2022 532 sqm $720,00026 Westmoreland Road 5 Oct 2022 646 sqm $1,101,00016 Furlong Road 15 Oct 2022 529 sqm $725,0008 McLeod Street 2 Nov 2022 568 sqm $800,00010 Heron Avenue 4 Nov 2022 581 sqm $690,000109 Westmoreland Road 8 Nov 2022 656 sqm $800,88810 Bedser Street 12 Nov 2022 585 sqm $680,0002 Buckley Avenue 19 Nov 2022 534 sqm $710,000ADDRESS SALE DATE LAND PRICE65 Metherall Street 30 Nov 2022 394 sqm $611,0001 Ford Avenue 1 Dec 2022 737 sqm $750,0003 Ford Avenue 1 Dec 2022 737 sqm $750,0008 Cumberland Street 3 Dec 2022 593 sqm $825,00016 Fulton Retreat 3 Dec 2022 640 sqm $1,052,000128 McIntyre Road 5 Dec 2022 535 sqm $658,00033 Busch Street 17 Dec 2022 503 sqm $636,00020
SOLD $710,000SOLD $720,000SOLD $825,000SOLD $636,000SOLD $870,000SOLD $1,101,0001/79 Phoenix StreetSUNSHINE NORTH26 Westmoreland Road SUNSHINE NORTH8 Cumberland Street SUNSHINE NORTH33 Busch StreetSUNSHINE NORTH2 Buckley AvenueSUNSHINE NORTH55 Meadowbank DriveSUNSHINE NORTH OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE2/33 Furlong Road 21 Oct 2022 202 sqm $535,0001/60 St Andrews Drive 26 Oct 2022 230 sqm $610,0001/79 Phoenix Street 9 Nov 2022 $870,00033 Woodswallow Entrance 30 Nov 2022 148 sqm $715,0002/60 St Andrews Drive 12 Dec 2022 166 sqm $580,00021
Highest sale price $1,100,000 $700,000Lowest sale price $517,500 $285,000Median price $715,000 $514,500Total price value of properties sold $22,857,000 $8,174,000Properties Sold32 16 OCTOBER - DECEMBER 2022ADDRESS SALE DATE LAND PRICE31 Mayne Street 11 Oct 2022 743 sqm $860,0004 Beech Court 20 Oct 2022 549 sqm $780,0001 Killara Street 22 Oct 2022 547 sqm $792,50014 Booral Drive 22 Oct 2022 530 sqm $822,00059 Mailey Street 28 Oct 2022 697 sqm $700,00038 Killeen Street 30 Oct 2022 573 sqm $660,00056 Callaway Boulevard 5 Nov 2022 346 sqm $720,000169 Ridgeway Parade 11 Nov 2022 653 sqm $655,0005 Keon Crescent 11 Nov 2022 885 sqm $880,0009 Giong Lane 12 Nov 2022 265 sqm $734,000ADDRESS SALE DATE LAND PRICE26 Learmonth Crescent 14 Nov 2022 609 sqm $600,0002 Pinaroo Avenue 17 Nov 2022 549 sqm $635,00046 Glengala Road 18 Nov 2022 534 sqm $670,000177 Wright Street 18 Nov 2022 534 sqm $755,0004 Day Street 23 Nov 2022 692 sqm $705,0003 Kay Court 25 Nov 2022 681 sqm $680,0004 Booral Drive 30 Nov 2022 538 sqm $720,00062 Fontana Close 2 Dec 2022 451 sqm $1,105,0007 Dinnell Street 6 Dec 2022 582 sqm $708,0004 Kay Court 7 Dec 2022 678 sqm $635,000$200,000$280,000$360,000$440,000$520,000$600,000$680,000$760,000$840,000$920,000$1,000,000Mar 2010Jun 2012Sep 2014Dec 2016Mar 2019Jun 2021Dec 2022 Market Trend - Sunshine West22
OCTOBER - DECEMBER 2022SOLD $635,000SOLD $575,000SOLD $615,000SOLD $822,000SOLD $635,000SOLD $428,0002 Pinaroo AvenueSUNSHINE WEST12/12-30 Pickersgill AvenueSUNSHINE WEST3/49 Glengala RoadSUNSHINE WEST14 Booral Drive SUNSHINE WEST4 Kay CourtSUNSHINE WEST45 Morrison Crescent SUNSHINE WESTADDRESS SALE DATE LAND PRICE3 Peter Drive 8 Dec 2022 550 sqm $1,100,0005 Ivory Court 10 Dec 2022 786 sqm $650,00013 Warmington Road 12 Dec 2022 553 sqm $517,50050 Murray Street 12 Dec 2022 1037 sqm $800,00079 Diosma Avenue 12 Dec 2022 569 sqm $840,00040 David Drive 14 Dec 2022 268 sqm $715,000ADDRESS SALE DATE LAND PRICE11 Fremont Parade 14 Dec 2022 570 sqm $745,00071 Whitesides Avenue 14 Dec 2022 697 sqm Undisclosed18 Ainsworth Street 16 Dec 2022 382 sqm $608,00039 Arnold Street 17 Dec 2022 696 sqm $825,0005 Marchant Crescent 19 Dec 2022 664 sqm $665,00045 Morrison Crescent 21 Dec 2022 589 sqm $575,000ADDRESS SALE DATE LAND PRICE12/12-30 Pickersgill Ave 7 Oct 2022 189 sqm $425,0001/54 Warmington Road 12 Oct 2022 151 sqm $569,0003/49 Glengala Road 18 Oct 2022 147 sqm $615,0003/281 Glengala Road 25 Oct 2022 177 sqm $570,0002/49 Glengala Road 31 Oct 2022 131 sqm $620,0001/38 Hall Street 5 Nov 2022 289 sqm $455,0001/63 Mayne Street 12 Nov 2022 247 sqm $700,0003/11 Song Street 21 Nov 2022 210 sqm $285,000ADDRESS SALE DATE LAND PRICE9 Amore Drive 24 Nov 2022 156 sqm $630,0001/17 Estelle Street 28 Nov 2022 301 sqm $460,0003/27 Bardsley Street 2 Dec 2022 229 sqm $620,0009/12-30 Pickersgill Ave 6 Dec 2022 199 sqm $428,0002/17 Estelle Street 6 Dec 2022 696 sqm $600,0003/41 Bardsley Street 15 Dec 2022 243 sqm $382,0002/58 Callaway Blvd 19 Dec 2022 $450,0001/1 Hendry Street 23 Dec 2022 114 sqm $365,00023
The information contained herein is to be used as a guide only. Although every care has been taken in the preparation of the information, we stress that particulars herein are for information only and do not constitute representations by the Owners or Agent. Sales data is provided as a guide to market activity. All sales data is collated from CoreLogic. The Median price of each suburb has been calculated from all available data within the noted period. Any sales data without a price (undisclosed) has been excluded from the median price calculation.The information contained herein is to be used as a guide only. Although every care has been taken in the preparation of the information, we stress that particulars herein are for information only and do not constitute representations by the Owners or Agent. Sales data is provided as a guide to market activity. All sales data is collated from RP Data. The Median price of each suburb has been calculated from all available data within the noted period. Any sales data without a price has been excluded from the median price calculation.sunshineDean LartiSales ExecutiveM 0403 675 922E dean@bellsrealestate.com.au14 Devonshire RoadSunshine VIC 3020P 9300 9000 F 9312 5895E sunshine@bellsrealestate.com.auSALES EXECUTIVE 0403 675 922 dean@bellsrealestate.com.au 9300 901314 Devonshire RoadSunshine VIC 3020 9300 9000 sunshine@bellsrealestate.com.au