A Guide to

Property
Values
Annual data and
analysis from
Valuer-General
Victoria
2013
Enquiries
LANDATA®
Land Victoria
Department of Transport, Planning
and Local Infrastructure
570 Bourke Street
Melbourne Vic 3000

Email: [email protected]
Telephone: (03) 8636 2464

ISSN 1329-6744

Authorised by the Victorian Government

July 2014

© Copyright State of Victoria

Department of Transport, Planning
and Local Infrastructure 2014

Except for any logos, emblems, trademarks,

artwork and photography this document
is made available under the terms of
the Creative Commons Attribution 3.0
Australia licence.

This document is also

available at
www.dtpli.vic.gov.au/property
Contents
Market overview 2 Central Goldfields Shire (C) 119 Monash City (M) 185
Aim 9 Colac Otway Shire (C) 121 Moonee Valley City (M) 187
Explanatory notes 10 Corangamite Shire (C) 123 Moorabool Shire (C) 189
Property classification codes 12 Greater Dandenong City (M) 125 Moreland City (M) 191
Map of municipal boundaries Darebin City (M) 127 Mornington Peninsula
(Melbourne Metro) 25 East Gippsland Shire (C) 129 Shire (M) 193
Map of municipal boundaries Frankston City (M) 131 Mount Alexander Shire (C) 195
(Victoria) 26 Moyne Shire (C) 197
French Island
Statewide aggregate data 27 (unincorporated) (C) 133 Murrindindi Shire (C) 199
Suburb/township house price Gannawarra Shire (C) 135 Nillumbik Shire (M) 201
data 56
Greater Geelong City (C) 137 Northern Grampians Shire (C) 203
Suburb/township unit/
Glen Eira City (M) 139 Port Phillip City (M) 205
apartment price data 72
Glenelg Shire (C) 141 Pyrenees Shire (C) 207
Suburb/township vacant house
Golden Plains Shire (C) 143 Borough of Queenscliffe (C) 209
block price data 81
Hepburn Shire (C) 145 Greater Shepparton City (C) 211
Municipality statistics Hindmarsh Shire (C) 147 South Gippsland Shire (C) 213
and time series data Hobsons Bay City (M) 149 Southern Grampians Shire (C) 215
(M) Melbourne metropolitan area
Horsham Rural City (C) 151 Stonnington City (M) 217
(C) Country Victoria
Hume City (M) 153 Strathbogie Shire (C) 219
Alpine Shire (C) 89 Indigo Shire (C) 155 Surf Coast Shire (C) 221
Ararat Rural City (C) 91 Kingston City (M) 157 Swan Hill Rural City (C) 223
Ballarat City (C) 93 Knox City (M) 159 Towong Shire (C) 225
Banyule City (M) 95 Latrobe City (C) 161 Wangaratta Rural City (C) 227
Bass Coast Shire (C) 97 Loddon Shire (C) 163 Warrnambool City (C) 229
Baw Baw Shire (C) 99 Macedon Ranges Shire (C) 165 Wellington Shire (C) 231
Bayside City (M) 101 Manningham City (M) 167 West Wimmera Shire (C) 233
Benalla Rural City (C) 103 Mansfield Shire (C) 169 Whitehorse City (M) 235
Greater Bendigo City (C) 105 Maribyrnong City (M) 171 Whittlesea City (M) 237
Boroondara City (M) 107 Maroondah City (M) 173 Wodonga City (C) 239
Brimbank City (M) 109 Melbourne City (M) 175 Wyndham City (M) 241
Buloke Shire (C) 111 Melton Shire (M) 177 Yarra City (M) 243
Campaspe Shire (C) 113 Mildura Rural City (C) 179 Yarra Ranges Shire (M) 245
Cardinia Shire (M) 115 Mitchell Shire (C) 181 Yarriambiack Shire (C) 247
Casey City (M) 117 Moira Shire (C) 183

A Guide to Property Values 2013 Page 1

Market overview
Victorian Valuer-General, Robert Marsh

The property market in Victoria 2013. The total number of recorded Market summary
showed significant increases overall sales for these sectors showed an
throughout 2013. The residential, increase of 7.6 per cent. Table 1 summarises the percentage
commercial and industrial markets change in median and average sale
experienced an increase in the total The total value of recorded prices in various classes between
number of sales and the total value primary production property sales 2012 and 2013.
of sales. decreased by 7.2 per cent and the
total number of recorded sales fell As in previous years, there are wide
The total value of sales of all by 2.8 per cent. variations within these property
property in Victoria increased by groupings, although for 2013 there
19.6 per cent from $67.7 billion in Analysis of 2013 sales data reveals were a significantly large amount of
2012 to an estimated1 $80.9 billion many interesting facts about increases for metropolitan houses
in 2013. The total number of sales Victoria’s property market. Some overall. There were 86 out of 411
increased by 12 per cent from of these changes reflect the overall suburbs that recorded median sale
135,066 to an estimated 151,269, state of the property market, while price increases of more than 10
reflecting an increase of 12.6 per others may relate to the specific per cent and only six suburbs with
cent in residential sales. This is in impact of sub-market groups. decreases of more than 10 per
contrast to 2012 when the total A sub-market group is a set of cent.
number of all sales decreased by properties, grouped by land values
8.2 per cent and the value of all and other market characteristics Sales volume and
sales had decreased by 9.2 per
cent.
or attributes common to the value
group, such as land use or building
construction. The total number of property sales
The median house price in
recorded in Victoria in 2013 (as of
Victoria’s residential property Changes in the sub-market groups 7 June 2014) was 144,066, with
market increased by 4.4 per cent to may have occurred due to: a further 5 per cent expected as
$433,316 in 2013. It decreased by
• a new supply entering the the remaining 2013 notifications
1.2 per cent in 2012 ($415,000) and
market, which influenced are received. This is consistent
by 0.1 per cent in 2011 ($420,000).
median prices; with previous years. Therefore, it is
In general terms, for the past 10 estimated that total sales numbers
years house prices have continued • new developments of lower or for 2013 will be about 151,269.
to grow, with the state’s median higher quality than is normal for
a sub-market group; and In 2012 there were 135,066 sales
house price rising 73 per cent
recorded, indicating a 12 per cent
– from $250,000 to $433,316 –
• a large new development in an increase in sales volume in 2013
between 2003 and 2013.
area being completed during compared to a decrease of 8.2 per
Growth in house prices in country the year. cent the previous year. Total value
Victoria (regional cities and towns) of sales increased by 19.6 per cent
For a better understanding of
was lower than metropolitan from $67.69 billion to an estimated
a particular sub-market group’s
Melbourne, with country Victoria $80.94 billion.
status within the property cycle, it
median house sale prices
is recommended that the 2012 and It should be noted that the
increasing 3.2 per cent compared
2013 figures be read in conjunction estimated five per cent additional
to the 7.2 per cent rise in the
with the 2003 to 2013 figures. sales yet to be recorded are not
metropolitan median.
expected to significantly alter the
There are many variations and
Unit/apartment median prices in median or average prices listed in
exceptions to the overall trends.
metropolitan Melbourne increased this guide.
We encourage readers to compile
by 3.5 per cent compared with no
their own lists and tables from In metropolitan Melbourne 105,520
change for Unit/apartment prices in
the data provided in the guide, sales totalling approximately $66.25
country Victoria.
and investigate local sub-market billion are expected to be notified.
Overall, recorded commercial groups thoroughly and then draw This compares to 92,709 sales
and industrial property sales saw a their own conclusions on the totalling $54.61 billion in sales value
20.3 per cent increase in their total movements of sales and numbers. in 2012. This represents a 13.8 per
value, up from $7.38 billion in 2012 cent increase in sales numbers and
to an estimated $8.88 billion in

1 2013 total value and number of sales figures have been increased by 5 per cent to allow for final settlements. This does not apply, however, to median or
average prices because they are not expected to alter significantly.

A Guide to Property Values 2013 Page 2

21.3 per cent increase in sales value commercial sales volumes for 2013
between 2012 and 2013. increased by 8.8 per cent and total
value of sales rose by 26.7 per cent.
In country Victoria the sales Industrial sales volumes increased
number is expected to reach by 6.3 per cent and the total value
45,750 in 2013, a 8 per cent of industrial sales rose by 8.3 per
increase from 42,357 in 2012. The cent.
total value is expected to increase
by 12.4 per cent, from $13.08 billion Table 2 and Table 3 indicate the
in 2012 to $14.70 billion in 2013. combined totals of commercial
and industrial sales in Victoria for
Commercial and 2013.
industrial property
The figures in Table 2 and
Table 3 have been adjusted for an
estimated 5 per cent further sales
for 2013 still to be notified.

For the whole of Victoria,

Table 1: Change in median and average sale price from 2012 to 2013

Property type Victoria Metropolitan Melbourne Country Victoria

Houses 4.4% median 7.2% median 3.2% median

Residential units 4.0% median 3.5% median 0% median

House lots – vacant land 1.1% median -2.4% median 1.9% median

Primary production -4.5% average 8.8% average -6.6% average

Commercial/industrial 11.8% average 12.3% average 14.1% average

Table 2: Commercial and industrial sales – metropolitan Melbourne

Year Total no. of sales Total value of sales Average sale price

2012 3,870 $6,523,989,605 $1,685,785

2013 4,111 $7,784,457,715 $1,893,683

% change 2012–2013 6.2% 19.3% 12.3%

Table 3: Commercial and industrial sales – country Victoria

Year Total no. of sales Total value of sales Average sale price

2012 1,195 $857,810,863 $717,833

2013 1,340 $1,096,885,340 $818,693

% change 2012–2013 12.1% 27.9% 14.1%

A Guide to Property Values 2013 Page 3

Primary production cent from 3,087 in 2012 to an
estimated 3,001 in 2013.
property
The total number of primary
Table 4 and Table 5 take into production property sales
account the estimated 5 per cent in metropolitan Melbourne
additional sales still to be notified decreased in 2013, having
for 2013. decreased by 1.3 per cent from
150 sales in 2012 to 148 expected
In the 2013 report the Rural
sales in 2013. The number of
category has been renamed
sales in country Victoria showed a
Primary Production. In addition,
decrease from 2,937 sales in 2012
the properties classified as rural
to 2,583 expected sales in 2013
lifestyle (size from 0.4h to 20h),
(a 2.9 per cent decrease). The
previously included in the Rural
total value of primary production
category, have been moved to the
sales increased by 7.4 per cent
Residential category.
in metropolitan Melbourne and
The total value of all primary decreased by 9.3 per cent in
production sales in Victoria country Victoria.
decreased by 7.2 per cent
The tables below summarise the
from $1.83 billion in 2012 to an
sales data changes in primary
estimated $1.70 billion in 2013.
production property sales from
The total number of primary
2012 to 2013.
production sales fell by 4.5 per

Table 4: Primary production sales – metropolitan Melbourne

Year Total no. of sales Total value of sales Average sale price

2012 150 $233,762,244 $1,558,415

2013 148 $251,049,630 $1,695,708

% change 2012–2013 -1.3% 7.4% 8.8%

Table 5: Primary production sales – country Victoria

Year Total no. of sales Total value of sales Average sale price

2012 2,937 $1,595,187,031 $543,135

2013 2,853 $1,446,850,426 $507,160

% change 2012–2013 -2.9% -9.3% -6.6%

A Guide to Property Values 2013 Page 4

Residential market Median house sale prices change. This is compared to a 7.2
increased for the majority of per cent increase for metropolitan
in metropolitan suburbs in the major regional Melbourne. The statistics below
cities of Bendigo, Geelong, for large, medium and small
Melbourne, and Shepparton, Ballarat and country towns exclude regional
country and regional Wodonga. cities and seaside towns.
Victoria The country residential market Seaside towns showed a 2 per
can also be gauged by looking cent decrease in median price
In percentage terms, total value
at large, medium, and small and change, down slightly from 0.3
and volumes of residential sales
seaside towns across Victoria (see per cent in 2012.
in metropolitan Melbourne
Table 6).
outperformed country Victoria.
Country Victoria residential For this purpose, large towns have
sales volumes increased 8.8 per been identified as having more
cent compared to metropolitan than 150 sales, medium towns
Melbourne’s 14.3 per cent 50–150 sales and small towns
increase. The total value of fewer than 50 sales. Seaside towns
country residential sales increased are defined as fronting Bass Strait
14.5 per cent compared to but Port Phillip Bay is excluded.
metropolitan Melbourne’s increase
of 21.7 per cent. In terms of In large and small country towns
median house price, country the median price increased by
Victoria increased 3.2 per cent and 3.4, and 1.8 per cent respectively,
Melbourne increased 7.2 per cent. while medium towns recorded no

Table 6: Regional cities – median house price movement 2012 to 2013

Regional cities No. suburbs Quartile 2012 to 2013 Examples of price movement in each category (%)
included in the median % price
regional cities movement

Geelong, 89 Upper 6.7 Rippleside 40, Lake Wendouree 21, Mount Pleasant
Ballarat, Bendigo, 12, Herne Hill 9, Geelong West 7
Shepparton and
Wodonga Median 2.9 Geelong 6, Ballarat North 5, Lara 4, Kangaroo Flat 3,
Bendigo 1

Lower 0.2 Corio 0, South Geelong -2, East Bendigo -3,

Wandana Heights -5, Mount Clear -7

A Guide to Property Values 2013 Page 5

Table 7: Country towns – median house price movement 2012 to 2013

Category No. of Quartile 2012 to 2013 Examples of price movement in each category (%)
towns median % price
movement

Large towns (more 18 Upper 5.7 Castlemaine 10, Morwell 7, Sale 6

than 150 house
sales) Median 3.4 Maryborough 5, Traralgon 4, Colac 1

Lower 0.1 Swan Hill 0, Cowes -2, Moe -6

Medium towns 35 Upper 4.4 Gisborne 15, Woodend 9, Broadford 7, Benalla 5

(50–150 house
sales ) Median 0 Kilmore 4, Red Cliffs 2, Seymour 0, Daylesford -1

Lower 1.6 Stawell -3, Beechworth -4, Euroa -8, North Wonthaggi -11

Small towns (fewer 149 Upper 13.8 Edenhope 51, Donald 36, Mount Macedon 23,
than 50 house sales) Trentham 18, St Arnaud 14,

Median 1.8 East Bairnsdale 10, Corryong 7, Orbost 4, Dimboola -1,

Beveridge -4

Lower -6.5 Heywood -7, Murtoa -12, Mortlake -15, Jamieson -33

Seaside towns 44 Upper 4.3 Corinella 26, Barwon Heads 16, Lakes Entrance 8,
Aireys Inlet 5

Median -2 Apollo Bay 4, Loch Sport 3, Inverloch 1, Cape

Woolamai -2

Lower -8.5 Port Fairy -3, Anglesea -8, Golden Beach -18, Fairhaven
-21

A Guide to Property Values 2013 Page 6

Residential – than 10 sales for both 2012 Suburbs that recorded the highest
and 2013 showed reductions in fall in median unit sale prices from
metropolitan median prices in 2013. The biggest 2012 to 2013 included Greenvale,
reductions in median prices were down 28 per cent from $332,000
Melbourne recorded in St Andrews Beach, to $240,000; Rye down 26 per
Residential median sale prices down 33 per cent from $712,500 cent from $430,500 to $317,500;
varied across Melbourne. The to $480,000; Cape Schanck, and Macleod, down 20 per cent
median sale price for Melbourne down 15 per cent from $655,000 from $414,500 to $330,000.
houses increased from $485,000 to $560,000; and Officer, down
in 2012 to $520,000 in 2013, a 13 per cent from $430,000 to Vacant residential land
rise of 7.2 per cent. Unit values $375,000.
increased from $425,000 in 2012 Melbourne’s median sale price for
to $440,000 in 2013, a 3.5 per The 10 suburbs in metropolitan vacant residential land fell 2.4 per
cent increase, and vacant land Melbourne with the highest cent from $210,000 in 2012 to
values decreased 2.4 per cent median house sale prices in $205,000 in 2013.
from $210,000 to $205,000. 2013 were Toorak at $2,800,000,
East Melbourne at $2,505,000, Large increases were recorded
Deepdene at $1,981,000, in Diamond Creek, up 140 per
Houses cent from $129,000 to $310,000;
Canterbury at $1,950,000,
The median sale price recorded Brighton at $1,800,000, Kew Greensborough, up 44 per cent
for Melbourne houses in 2013 at $1,640,000, Armadale at from $238,000 to $343,500;
was $520,000; however, price $1,632,000, Hawthorn at Diggers Rest, up 25 per cent
movements differed greatly across $1,575,000, Balwyn at $1,530,000 from $137,000 to $171,500 and
suburbs. and Malvern at $1,517,000. Deer Park, up 19 per cent from
$222,500 to $265,000.
The following data refers to The 10 suburbs in metropolitan
suburbs with more than 10 sales Melbourne with the lowest Nineteen of 83 metropolitan
for both 2012 and 2013. median house sale prices in 2013 suburbs with more than 10 sales
were Melton South at $232,500, for both 2012 and 2013 showed
The highest median price Millgrove at $245,000, Melton median price increases between
increases recorded were 59 per at $245,000, Frankston North at 5 per cent and 20 per cent. For
cent in Sassafras, which increased $255,000, Dallas at $280,000, East example, Deer Park rose 19 per
from $397,500 to $632,500; 32 Warburton at $281,000, Diggers cent, from $222,500 to $265,000;
per cent in Gowanbrae, which Rest at $282,500, Kurunjang at Sanctuary Lakes rose by 15 per
increased from $467,500 to $284,250, Lang Lang at $285,000 cent, from $260,500 to $300,000;
$616,500; 28 per cent in Princes and Coolaroo at $290,000. Maidstone rose 14 per cent,
Hill, which increased from from $236,000 to $267,000;
$928,500 to $1,190,000; and Units Cheltenham rose 11 per cent,
28 per cent in West Melbourne, from $322,500 to $357,500; and
which increased from $670,000 to The median sale price recorded Chirnside Park rose 11 per cent,
$858,000. for Melbourne’s units in 2013 from $257,000 to $284,000.
was $440,000, an increase of 3.5
Twenty nine of the 396 per cent on the 2012 figure of Forty-two suburbs with more than
metropolitan suburbs with more $425,000. 10 sales for both 2012 and 2013
than 10 sales for both 2012 and showed reductions in median
2013 recorded an increase in The highest median price price. They include Safety Beach
the 15–25 per cent range. The increases recorded in 2013 with a decrease of 32 per cent,
biggest increases were recorded included Notting Hill, up 38 per from $265,000 to $179,500;
in Kew East, up 25 per cent from cent from $329,500 to $453,500; Mount Eliza, down 10 per cent
$1,005,000 to $1,255,000, Balwyn Gardenvale, up 37 per cent from $510,000 to $460,000; and
North, up 24 per cent from from $352,000 to $481,500, Croydon with a decrease of 3 per
$1,000,000 to $1,237,500 and Wheelers Hill, up 29 per cent from cent, from $252,000 to $245,000.
Glen Huntly, up 23 per cent from $480,000 to $620,000, Balwyn
$792,500 to $977,500. North, up 28 per cent from
$605,500 to $775,000.
Fifty seven out of 396
metropolitan suburbs with more

A Guide to Property Values 2013 Page 7

Residential – country Excluding seaside towns, the
towns in country Victoria with
Victoria the highest median house sale
prices in 2013 were Drumcondra
Country Victoria has shown
at $722,500, Mount Macedon at
significant growth in the residential
$670,000, Lake Wendouree at
housing sector for the 10 years to
$658,000, Rippleside at $590,000
2013 with median house prices
and Newtown at 567,500.
continuing to rise in 2013.
The 10 towns in country Victoria
The median sale price of housing
with the lowest median house sale
across country Victoria increased
prices in 2013 were Rainbow at
67 per cent, from $173,500 in
$64,500, Minyip at $73,500, Kaniva
2003 to $289,000 in 2013. Units
at $75,000, Ouyen at $75,000,
have risen 54 per cent, from
Hopetoun at $80,000, Jeparit at
$156,000 in 2002 to $240,000 in
$80,500, Dimboola at $89,000,
2013.
Murtoa at $95,000, Casterton at
From 2012 to 2013 the median $97,500 and Warracknabeal at
sale price of houses in country $105,000.
Victoria has increased to
$289,000. This is 4 per cent lower Units
than in metropolitan Melbourne
The median sale price of units
for the same period.
in country Victoria recorded
no change from $240,000 in
Houses 2012. However there were wide
The following data refers to variations across the state.
country suburbs with more than
10 sales for both 2012 and 2013. Vacant residential land

Edenhope recorded the largest The median sale price for vacant
increase, up 51 per cent from residential land in country Victoria
$106,000 to $160,000; Boort, rose 1.9 per cent from $130,000
up 47 per cent from $107,000 to to $132,500 between 2012 and
$157,500, Rippleside, up 40 per 2013. However, there were wide
cent from $422,500 to $590,000; variations in movements across
and Birchip, up 37 per cent from Victoria.
$87,500 to $120,000.

The biggest falls were recorded

in Ouyen, down 35 per cent from
$117,000 to $75,000; Jamieson,
down 33 per cent from $267,500
to $180,000; Wahgunyah, down
22 per cent from $244,000 to
$190,000; and Halls Gap, down
21 per cent from $233,500 to
$184,500.

A Guide to Property Values 2013 Page 8

The aim
The aim of this guide is to present The State Revenue Office supplies
factual data relating to property the Valuer-General with a copy
sales occurring throughout Victoria of the completed NOA for each
during the 2013 calendar year. transaction under the provisions
It provides time series data for of the Land Tax Act 1958. The
residential property, summary information is collated and loaded
statistics for each of the 79 local to a master property file. The table
government areas and yearly and charts presented here are
medians by suburb from 2003– derived from analysis of sales data.
2013. This guide also provides
some preliminary statistics for 2014 Considerable care has been taken
based on sales evidence available to ensure the accuracy and quality
at the time of publication. of information and the computer
programs used to derive these
The information contained in this tables and charts. However, the
guide has been obtained from Department of Transport, Planning
Notices of Acquisition (NOA), which and Local Infrastructure accepts
are required to be completed by no responsibility for the accuracy
each purchaser within one month of the results obtained and people
of acquiring any real estate in using this information are strongly
Victoria. advised to seek confirmation of any
statistical information.

A Guide to Property Values 2013 Page 9

Explanatory notes
Statistical accuracy value would need to change each municipality, particularly the
year to arrive at the end value. influence of sales at a price much
Only statistics for suburbs with higher than the general level.
more than 10 sales in one of the Movements in the Consumer
past four years have been included Price Index over the period have Mean sale price
in the analysis. not been considered in these
calculations. The mean sale price represents
Symbols the total of sale prices of all sales
Conversion factors for the classification divided by
^ Less than 10 sales in that year.
the total number of sales for the
1 hectare = 10,000 square metres classification.
* Value was carried forward from
the previous year due to zero sales 1 hectare = 2.4798 acres
in the represented year. Number of sales
1 acre = 4,046.86 square metres
Limited sales recorded for 2014 The number of sales comprises
may cause statistics for that year to 1 square metre = 10.7639 square the total number of properties
be skewed. Similarly small numbers feet. changing ownership during the
of sales in rural areas, in previous 2013 calendar year. In some
years can distort sales trends. Property classification cases, preliminary 2014 statistics
are shown and are those sales
The Australian Valuation Property recorded at the time of publication.
Block size Classification Codes (AVPCC) has
Some of the transaction data been used to produce this report. These sale statistics do not include
provided on the Notices of transfers of title which relate to
The specific descriptions and legacies and gifts.
Acquisition is either incomplete abbreviations used are shown on
or of insufficient detail for the pages 12 to 24.
calculation of the block size. This Municipality and suburb
affects the calculation of both Those classifications marked (#) township data
median block size and median have been further defined and
Categories:
price per unit area. comprise:
Houses based on a combination of
The median block size is calculated Vacant Residential Site A – less than
Detached Home, Semi-Detached/
to be the area of the middle item 2000 sq. metres;
Terrace Home/Row House, House
when all the areas, which can
Vacant Residential Site B – 2000- and Flat/Studio.
be calculated, are arranged in
ascending order of magnitude. 3999 sq. metres;
Units based on a combination
Vacant Residential Site C – 4000 of Single Strata Unit/Villa Unit/
The value of price per unit
sq. metres to 1 hectare; Townhouse, Conjoined Strata
area is determined by dividing
Unit/Townhouse,Residential
each calculable area into its HA is an abbreviation for hectare; Company Share Unit (ground level),
corresponding sale price. The
Residential Company Share Unit
median price per unit area will be SM is an abbreviation for square
(within multi-storey development),
the value of the middle item when metre.
Strata unit or flat, Residential
all such calculations are arranged in
Median sale price Investment Flats, Individual Flat,
ascending order of magnitude.
Retirement Village Unit.
The value of the median price per The median sale price is the value
of the middle item when all sale Vacant Res Land based on Vacant
unit area is given in dollars per
prices are arranged in ascending Res A and Vacant Res B.
square metre.
order of magnitude.
Compound growth per Price index (base 2012 and
annum
In some earlier editions of this 2008)
publication the mean sale price was
used to indicate the general level of The price indices shown in the
This figure shows the nominal
sale prices. The median sale price municipality tables relate the
annual compound growth that
was adopted in 1977 and recast median price for 2013 to those of
has occurred over the period,
back to 1974 to provide a more 2012 and 2008 respectively. For
expressed as a percentage. Actual
accurate indication. example, an index of 104.5 for 2012
increases may vary from year to
indicates that the median price has
year but the annual compound
It has been observed that the increased by 4.5 per cent between
growth smooths out these
use of mean values has often 2012 and 2013.
increases (or decreases) and
led to disparities due to the wide
indicates by how much a starting
divergence of prices within a

A Guide to Property Values 2013 Page 10

The calculation of the index Total of sale prices
is based on median sale price
for residential, commercial and This municipal total comprises the
industrial categories, and median total selling price of all the sales
price per unit area for rural recorded under ‘Number of sales’,
categories. as defined above.

The calculation of an index The individual sale price for each

when median sale price is used property consists of the value of
is contingent on there being the real estate component and also
sufficient sales of the same land includes any amount notified as
use classification in the same local being the value of chattels.
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
New software and property
classification codes have been used
to produce this report, resulting in
more precise and comprehensive
information. The report now uses
the VicMap data base, which
improves accuracy, especially in
relation to suburb boundaries. The
property classification codes that
have been used are the Australian
Standard, known as Australian
Valuation Property Classification
codes that will be 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. Suburb/township
statistics are more relevant when
a particular socio-economic or
cultural grouping is required.
Data provided on this basis gives
a more reliable statistical guide
for comparing specific areas
than statistics based on a whole
municipality.

A Guide to Property Values 2013 Page 11

Property classification codes
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
Vacant Residential Home Site/Surveyed Lot = 4000sm Vac Res C
Residential Development Site Res Dev Site
Vacant in globo Residential Subdivisional Land
Vac in globo Subdivisional Land (Unspecified) Vac Res in globo Oth
Subdivisional Land (Multi Lot) Sub Div (Multi Lot)
Subdivisional Land (in globo/Potential) Sub Div (in globo)
Vacant Residential Rural/Rural Lifestyle Vac Res/Rural Lstyle
Residential Airspace Residential Airspace
Single Residential Accommodation
Detached Home
Detached Home (Unspecified) Detached Home Unsp
Detached Home (new) Detached Home (new)
Detached Home (existing) Detached Home(exist)
Separate House and Curtilage Sep House & Curt
Semi-detached/Terrace Home/Row House
Semi-detached/Terrace/Row House (Unspecified) Semi-detached Unsp
Semi-detached Semi-detached
Terrace House Terrace House
Row House Row House
Half Pair or Duplex Half Pair or Duplex
Granny Flat/Studio Granny Flat/Studio
House and Flat/Studio House & Flat/Studio
Shack/Hut/Donga Shack/Hut/Donga
Cabin/Accommodation Cabin/Accommodation
Residential Rural/Rural Lifestyle Res/Rural Lstyle
Residential Land (buildings add no value) Res Land ($0)
Multiple Occupation
Single Strata Unit/Villa Unit/Townhouse
Single Strata/Villa/Townhouse (Unspecified) Single Strata Unsp
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) Conjoin Strata Unsp
Half Pair or Duplex Half Pair or Duplex
Conjoined Strata Unit Conjoined StrataUnit
Townhouse Townhouse

A Guide to Property Values 2013 Page 12

Description Abbreviation
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 (multi-storey) Res Co Sh Unit HR
Strata unit or flat
Strata Unit or Flat (Unspecified) Strata Unit/Flat Unsp
Strata Dwelling Strata Dwelling
OYO Subdivided Flat OYO Subdivided Flat
OYO Strata Flat OYO Strata Flat
Individual Car Park Individual Car Park
Common Land assoc with res unit development Common Land Unit Dev
Investment Residential
Boarding House/ Private Hotel / Dorm Accom/Uni Res College
Boarding House/ Private Hotel / Dorm Accom/Uni Res College (Unspecified) Boarding/Dorm Unsp
Boarding House Boarding House
Private Hotel Private Hotel
Dormitory Accommodation Dorm Accommodation
University Residential College Uni Res College
Residential Investment Flats Res Investment Flat
Individual Flat Individual Flat
Short Term Holiday Accommodation Short Term Hol Accom
Retirement/Aged Care Accom./Special Accom.
Retirement Village Unit Retire Village Unit
Retirement Village Complex Retire Village Compl
Aged Care Complex/Special Accom/Nursing Home
Aged Care Complex/Special Accom/Nursing Home (Unspecified) Age Care/Nursing Uns
Aged Care Complex Aged Care Complex
Nursing Home Nursing Home
Special Accommodation Residence Special Accom Res
Aged Care Amenities Buildings Age Care Amenities
Disability Housing Disability Housing
Ancillary Buildings (no occupation)
Misc Buildings on Residential Land
Misc Improvements on Residential Land (Unspecified) ResLandWithImprovemt
Storage Area (on Residential Land) Storage Area
Garage/Outbuilding (on Residential Land) Garage/Outbuilding
Misc Building on Residential Rural Land
Misc Improvements on Residential Rural Land (Unspecified) MisImpRuralLand Unsp
Storage Area (Rural) Storage Area
Garage/Outbuilding (Rural) Garage/Outbuilding
Site Improvements (Rural) Site Improvements

Commercial
Commercial Use Development Land
Commercial Development Site Dev Site
Vacant in globo Commercial Land Vac in globo Land
Commercial Land buildings add no value Com Land (Struct 0)

A Guide to Property Values 2013 Page 13

Description Abbreviation
Commercial Development Airspace Com Dev Airspace
Retail
Retail Premises (single occupancy)
Retail Premises (single occ/title/stratum) (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
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 Unsp
Dwelling Mixed Use Dwelling
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) Super Regional
Shopping Centre (Major Regional) Major Regional
Shopping Centre (Regional) Regional
Shopping Centre (Sub Regional) Sub Regional
Shopping Centre (Neighbourhood) Neighbourhood
National Company Retail
National Company Retail (Unspecified) National Co Unsp
Supermarket Supermarket
Department/Discount Department Store Dept/Discount Dept
National Company Retail (Bulky Goods) Bulky Goods
Fuel Outlet/Garage/Service Station Fuel Outlet/Garage
Multi-Purpose Fuel Outlet Multi Use Fuel
Bottle Shop/Licensed Liquor Outlet Bottle Shop/Licensed
Licensed Retail Premises Licensed Ret Prem
Market Stall Market Stall
Office
Office Premises (single occupancy)
Office Premises (single occ/title/stratum)(Unspecified) Office Prem Unsp
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
Special Purpose (built-in tech) SpecialPurpose tech
Short Term Business and Tourist Accom.
Residential Hotel/Motel / Apt Hotel Complex
Residential Hotel/Motel / Apt Hotel Complex (Unspecified) Hotel/Motel Unsp

A Guide to Property Values 2013 Page 14

Description Abbreviation
Residential Hotel Residential Hotel
Motel Motel
Apartment Hotel Complex Apartment Hotel Comp
Tourist Resort Complex Tourist Resort Compl
Hotel Hotel
Residential Hotel/Motel/Apt 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/Youth Hostel
Guest Lodge/Back Packers/Bunkhouse/Hostel (Unspecified) Guest/BackPack Unsp
Guest Lodge Guest Lodge
Backpackers/ Hostel Backpackers/Hostel
Bunkhouse Bunkhouse
Hospitality
Pub//Hotel/Licensed Club/Restaurant//Nightclub
Hotel/Licensed Club/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 Room 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
Entertainment – Cinema, Live Theatre and Amusements
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 Attractions/Parks Large Theme Park
Amusement Parks etc. Amusement Parks etc.
Major Infrastructure Attractions Major Infrastructure
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

A Guide to Property Values 2013 Page 15

Description Abbreviation
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 Car Park Unsp
Car Park – Under Cover CarPark – UnderCover
Car Park – Open Air CarPark – OpenAir
Car Wash Car Wash
Vehicle Sales Centre Vehicle Sales Centre
Advertising or Public Information Screens
Static Non Electric Advertising Sign (no lighting) StatNonElectSign No
Static Non Electric Advertising Sign (external lighting) StatNonElectSign Yes
Internally Electrically Aluminate/Moving Advertising Sign Int ElectMovinAdSign
Electronic Stadium/Street TV Relay Screen/Scoreboard ElectStadium/Scoreb

Industrial
Industrial Use Development Land
Industrial Development Site Ind Dev Site
Vacant Industrial in globo Land Vac in globo Land
Industrial Development Airspace Ind Dev Airspace
Industrial Land (buildings add no value) Ind Land Build ($0)
Manufacturing
General Purpose Factory
General Purpose Factory (Unspecified) Factory Unsp
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) OpenStorageUnsp
Hardstand/Storage Yard Hard/Storage Yard

A Guide to Property Values 2013 Page 16

Description Abbreviation
Wrecking Yard Wrecking Yard
Concrete Batching Plant Concrete Batch Plant
Bulk Grain Storage (structures) Bulk Grain (Stuct)
Bulk Grain Storage (earthen walls and flooring) Bulk Grain(Pit Open)
Bulk Liquid Storage Fuel Depot/Tank Farm Bulk Liquid Depot
Coolstore/Coldstore Coolstore/Coldstore
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
Petrochemical Manufacturing Petrochemical Man
Sawmill Sawmill

Extractive Industry
Extractive industry site with permit/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
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 MineDeep Non-metals
Black Coal MineDeep BlackCoal
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

A Guide to Property Values 2013 Page 17

Description Abbreviation
Well/Bore
Oil Well/Bore Oil
Gas Well/Bore Gas
Water (mineral) Well Water (mineral)
Water (stock and domestic) Water (stock&dom)
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 m ExtractiveLess 2 m
Operating mine unspecified Operating mine unsp
Vacant Land mining unspecified VacantLand Mine unsp

Primary Production
Native Vegetation
Native Vegetation/Bushland Without Covenant/Agreement NatBshland NoAgreem
Native Vegetation/Bushland With Covenant/Agreement NatBshland +Agreem
Agriculture Cropping
General Cropping (> 20 ha plantings)
General Cropping (> 20 ha plantings) (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 structural improvements MixedFarm + impr
Mixed farming and grazing without structural improvements MixedFarm no impr
Mixed farming and grazing unspecified
Livestock – special purpose
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

A Guide to Property Values 2013 Page 18

Description Abbreviation
Training Facilities Horse Training Fac
Stables Horse Stables
Piggery Piggery
Kennel/Cattery Kennel/Cattery
Horticulture Fruit and Vegetable Crops
Market Garden – Vegetables (< 20ha plantings) 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/Fish Hatchery Aquaculture Breeding

Infrastr & Utilities

Vacant
Vacant Land Utilities Vac Land
Unspecified – Transport, Storage, Utilities and Comms Unsp–TranspStorUtil
Gas
Gas Wells Gas Wells
Gas Production/Refinery Gas Prod/Refinery
Gas Storage Gas Storage
Gas Transmission Pipeline Gas Trans Pipeline
Gas Distribution/Reticulation Pipelines Gas Distrib/Ret Pipe
Electricity
Electricity Power Generators – Fuel Powered ElectPowerGenerator
Hydro Electricity Generation Hydro ElectGenerat
Wind Farm Electricity Generation WindFarmElectricity
Electricity Substation/Terminal Electric Substation
Electricity Transmission Lines Electric Trans Lines
Electricity Distribution/Reticulation Lines ElectricDistribLines
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 & Decontamination Site ToxicByProductStore
Sewerage / Stormwater Treatment Plant Site Sewerage/StormTreat
Sewerage / Stormwater Pump Stations Sewerage/StormPump
Sewerage / Stormwater Pipelines
Sewerage / Stormwater Pipelines (Unspecified) Sewerage/StormUnsp
Public Utility – Drainage PublicUtilityDrainag

A Guide to Property Values 2013 Page 19

Description Abbreviation
Public Utility – Sewerage PublicUtilitySewerag
Reserve for Drainage Purposes Reserve for Drainage
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 Tanks, Pressure Control Towers and Pumping Stations Water Storage Tanks
Major Water Conduits Major Water Conduits
Water – Urban Distribution Network WaterUrbanDistribut
Transport – Road Systems
Freeways Freeways
Main Highways Main Highways
Secondary Roads Secondary Roads
Suburban and Rural Roads Suburban&Rural Road
Closed Roads Closed Roads
Reserved Roads/Unused Roads ReservedRoads/Unused
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 Land and Improvements in use Railway Line Land
Railway Switching and Marshalling Yards Railway Switching
Railway Maintenance Facility Railway Maintenance
Railway Passenger Terminal Facilities RailwayPassengerTerm
Railway Freight Terminal Facilities Railway Freight Term
Tramway/Light Rail Right of Way and Assoc Track Improvements Tramway/Light Rail
Tramway Maintenance /Terminal Storage Tramway Maintenance
Tram Stopping Facilities TramStoppingFacility
Railway/Tramway Line Closed/Unused Railway/TramLiClosed
Transport – Air
Airfield (includes assoc 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
Wharf – Storage Sheds Wharf – Storage Shed
Wharf – Passenger Terminal/Ferry Pier Facilities Wharf–Passenger Term
Piers, Storages and Slipways Piers/Storages/Slipw
Boat Sheds, Bathing Boxes, Ramps and Jetties BoatSheds,BathingBox
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

A Guide to Property Values 2013 Page 20

Description Abbreviation
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
Utility lines/Conduits Below Street Level Comms 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
Private Hospital Private Hospital
Infant Welfare Centre Infant Welfare Centr
Community Health Centre Community Health Cen
Centre for the Mentally Ill Centre for the Menta
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
School Primary – Public/Private School Primary
School/College Secondary/Technical School – Public/Private
School/College Secondary/Technical School – Public/Private (Unspecified) School SecondaryUnsp
Secondary School/College Secondary School
Private Education Centre Private Edu Centre
Public Education Centre Public Edu Centre
Technical School Technical School
Special Needs School Special Needs School
University – Private/Public University
Technical and Further Education Technical&Further Ed
Research Institute – Public Research Ins – Pub
Observatory Observatory
Residential College/Quarters Res College/Quarters
Justice and Community Protection

A Guide to Property Values 2013 Page 21

Description Abbreviation
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
Church, Temple, Synagogue, etc. Church, Temple, etc.
Religious Hall Religious Hall
Rectory, Manse, Presbytery Rectory, Manse,
Religious Study Centre Religious Study Cent
Community Service, Sporting Clubrooms and Halls
Halls and Service Clubrooms Halls&Service Rooms
Rural and Community Camps Rural&Comm Camps
Community/Neighbourhood Facility Comm/Neighb 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
Community Service Facilities or Other
Public Conveniences Public Conveniences
Unspecified – Public, Education and Health Improved Public,Ed,Health Imp
Unspecified – Public, Education and Health vacant Public,Ed,Health Vac

Sport/Hrtge/Cultural
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 (Superior Facility)
Major Sports Facility MajorSportsFacility
Indoor Sports Grounds/Complex Indoor Sport Grounds
Outdoor Sports Grounds/Complex OutdoorSport Complex
Outdoor Sports – Extended Areas/Cross Country OutdoorSportXCountry
Water Sports – Confined Areas WaterSport–Confined
Water Sports – Open Areas WaterSport–OpenArea
Motor Racing Tracks/Speedways Motor Racing Tracks
Racecourse/Tracks/Showground Racecourse/Tracks
Ski Fields Ski Fields – Comm

A Guide to Property Values 2013 Page 22

Description Abbreviation
Local Sporting Facilities
Indoor Sports Centre etc.
Indoor Sports Centre etc. Inc gyms, stadiums/courts, etc. (Unspecified) IndoorSportEtc 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 OutdoorSport–CrossC
Water Sports – Swimming Pools/Aquatic Centres WaterSport Pool/Aqua
Water Sports – Open Areas WaterSport–Open Area
Motor Race Tracks/Speedways Motor Race Speedway
Racecourse, Training Tracks etc.
Ski Fields Ski Fields
Equestrian Centre Equestrian Centre
Bike Track/Walking Trails Bike Tk/Walking Tk
National/State/Regional Cultural Heritage Centres
Library/Archives National Library
Museum/Art Gallery National Museum
Cultural Heritage Centre National Culture
Wildlife Zoo/Aquarium 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

National Parks etc.

Reserved Land
Vacant Land (future reserve etc.) VacLnd FutureReserve
Nature Reserve
Nature Reserve Nature Reserve
Wilderness Area
World Heritage Area World Heritage Area
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

A Guide to Property Values 2013 Page 23

Description Abbreviation
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 2013 Page 24

 WHITTLESEA
HUME

NILLUMBIK

MORELAND
DAREBIN
MELTON MOONEE BANYULE
MOORABOOL VALLEY

BRIMBANK
MANNINGHAM
YARRA YARRA RANGES
MARIBYRNONG

MELBOURNE BOROONDARA MAROONDAH

WHITEHORSE

HOBSONS BAY STONNINGTON

WYNDHAM KNOX
PORT PHILLIP GLEN EIRA MONASH

BAYSIDE

KINGSTON

GREATER GEELONG GREATER

MUNICIPAL VICTORIA DANDENONG

LOCAL GOVERNMENT BOUNDARIES CARDINIA

JUNE 2013
CASEY

FRANKSTON

QUEENSCLIFFE

MORNINGTON PENINSULA

A Guide to Property Values 2013 Page 25

 MUNICIPAL VICTORIA
MILDURA
LOCAL GOVERNMENT BOUNDARIES
SWAN HILL
JUNE 2013

YARRIAMBIACK
GANNAWARRA

WODONGA
BULOKE
HINDMARSH MOIRA

CAMPASPE
LODDON INDIGO
GREATER TOWONG
SHEPPARTON
WANGARATTA

NORTHERN BENALLA
GRAMPIANS STRATHBOGIE ALPINE
HORSHAM GREATER BENDIGO
WEST WIMMERA

CENTRAL
MOUNT
GOLDFIELDS ALEXANDER MITCHELL

PYRENEES
MACEDON MANSFIELD
HEPBURN MURRINDINDI EAST GIPPSLAND
RANGES
ARARAT
SOUTHERN BALLARAT
GRAMPIANS HUME
MOORABOOL
YARRA RANGES
MELTON
WELLINGTON
GLENELG GOLDEN PLAINS
GREATER
GEELONG BAW BAW
CARDINIA
MOYNE
CORANGAMITE
SURF LATROBE
COAST

COLAC QUEENSCLIFFE BASS

COAST SOUTH
OTWAY
WARRNAMBOOL GIPPSLAND
MORNINGTON PENINSULA

A Guide to Property Values 2013 Page 26

 Victoria
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 75,069 70,200 80,374 18,388 62,000 79,324 33,866 21,000 25,709
1986 66,304 76,500 90,288 15,616 67,000 93,651 28,965 25,000 31,673
1987 72,832 83,000 102,019 18,717 73,500 105,749 27,778 28,600 37,742
1988 88,517 95,000 121,647 23,796 85,000 129,284 36,179 34,000 43,854
1989 65,209 117,000 142,344 18,210 105,000 141,602 28,597 40,000 49,922
1990 55,449 119,000 141,476 17,189 109,000 132,684 20,354 42,000 48,635
1991 56,043 115,000 136,449 15,744 104,000 124,733 18,734 40,000 46,263
1992 59,888 114,000 134,122 17,114 104,950 127,904 21,143 40,000 47,211
1993 64,539 115,000 135,558 19,921 105,000 130,490 22,519 42,000 49,707
1994 68,405 117,500 142,348 22,708 110,000 137,865 23,153 44,000 52,886
1995 64,543 117,000 142,852 18,651 110,000 136,685 19,223 46,000 57,813
1996 67,690 118,500 144,988 21,506 110,000 139,919 18,116 46,500 57,166
1997 81,708 127,000 160,262 29,571 121,500 153,535 24,594 50,500 63,001
1998 78,149 135,000 170,915 27,866 134,000 166,169 24,713 53,000 65,727
1999 82,962 150,000 192,533 32,599 160,000 200,845 30,520 57,500 67,760
2000 87,462 160,500 204,660 32,118 175,000 217,817 24,240 57,415 63,038
2001 101,908 185,000 236,035 39,850 215,500 254,821 38,264 65,000 73,597
2002 98,576 220,000 271,426 35,200 245,000 286,351 37,219 76,000 82,237
2003 95,622 250,000 308,310 32,683 260,000 305,516 36,816 97,500 106,601
2004 83,179 270,000 329,599 28,901 261,000 308,693 23,673 112,000 118,268
2005 86,245 280,500 349,809 31,876 272,500 321,502 22,674 120,000 125,843
2006 83,398 300,000 383,296 33,542 290,000 351,519 23,810 125,400 135,426
2007 98,525 325,000 434,583 45,364 325,000 393,792 30,228 135,000 143,890
2008 78,189 336,000 437,589 34,793 340,000 390,629 23,364 141,250 147,241
2009 88,239 360,002 459,387 44,495 365,490 421,499 33,549 153,000 156,151
2010 80,364 420,500 539,272 40,728 425,000 483,543 31,199 173,000 181,926
2011 71,487 420,000 536,089 33,575 418,000 476,747 21,942 182,000 194,738
2012 68,153 415,000 524,669 32,234 402,000 456,979 17,835 181,000 190,033
2013 75,250 433,316 559,559 34,221 418,000 475,712 17,467 183,000 192,400
2014 9,347 397,000 483,586 3,831 400,000 453,391 1,846 168,000 186,263

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 27

 Victoria
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 17 2047823 1193500 6910.11 445.00 163.72< 477.40< 546.31 3043.30
Bed and Breakfast 6 600000 532500 259.21 2469.00 ND 106.50< 160923.80 3.90
Bottle Shop/Licensed 2 1116500 1116500 929.69 1268.50 ND 236.05< 1268.50 880.17
Brothel 1 800000 800000 7547.17 106.00 ND 145.45< 106.00 7547.17
Bulky Goods 2 26300000 26300000 3093.48 1487.00 ND ND 1487.00 3093.48
Café 1 683000 683000 91.94 7429.00 ND 102.63< 7429.00 91.94
Car Wash 4 760000 915000 607.56 1626.00 ND 76.25< 1543.00 492.55
CarPark – OpenAir 8 2172876 1249750 516.39 2013.00 43.55< 274.67< 3965.80 446.97
Cinema Complex 1 2530000 2530000 NA NA 843.33< 3162.50< NA NA
Com Land (Struct 0) 1 885000 885000 45.88 19290.00 ND 268.18< 19290.00 45.88
Convenience/FastFood 1 2265000 2265000 1303.97 1737.00 2448.65< ND 1737.00 1303.97
Crematorium/Funeral 4 1744000 1325500 309.75 2046.50 ND 192.80< 1844.00 945.77
Dental Clinic 1 1000000 1000000 988.14 1012.00 47.62< 71.17< 1012.00 988.14
Dev Site 198 1486075 582200 180.72 1743.50 136.99< 101.78< 5428.21 228.86
Diagnostic/X-ray 1 2000000 2000000 NA NA ND ND NA NA
Fuel Outlet/Garage 35 1854204 1672000 1101.14 1839.00 167.20< 86.07< 3988.00 464.95
Ground Level Parking 5 5788999 1575000 215.70 1159.00 393.75< 39.35< 1105.80 5235.12
Guest/BackPack Unsp 17 664794 370000 97.50 10000.00 ND 80.79< 31460.53 21.13
Health Clinic Unsp 61 947502 670000 580.61 755.50 107.29< 98.53< 1064.44 859.11
Health Surgery 6 644166 460000 767.97 612.00 ND 88.04< 609.20 1142.48
Hotel/Gaming 2 467500 467500 775.69 1012.00 ND 35.96< 1012.00 775.69
Hotel/Motel Unsp 36 3860785 810000 140.97 3334.00 ND 92.57< 74032.52 59.86
Indiv Car Park Unsp 16 436859 89850 11.88 2105.00 37.95< 189.16< 4050.33 13.17
Licensed Ret Prem 6 722448 358500 290.00 2212.50 120.91< 33.04< 2825.83 255.66
Live Ent/Major Multi 1 6160000 6160000 3327.93 1851.00 ND 2200.00< 1851.00 3327.93
LowRise Office Build 32 6462796 3356500 2244.00 1102.50 151.19< 430.32< 2641.81 2433.14
Major Infrastructure 1 1705000 1705000 320.79 5315.00 ND ND 5315.00 320.79
Medical/Surgery 37 949533 720000 273.82 913.00 119.50< 118.52< 1048.39 968.66
Member Club Facility 4 2248500 1862000 87.33 11751.00 ND 76.98< 42033.25 53.49
Mixed Use Office 10 888151 336000 369.91 9547.50 99.56< 55.54< 9547.50 84.94
Mixed Use Shop 1 80000 80000 NA NA 21.92< 14.53< NA NA
Mixed Use Unsp 303 1864902 595000 299.29 869.00 74.14< 120.93< 4085.49 341.02
Mixed Use Workroom 2 589825 589825 20.62 4348.00 ND 115.65< 4348.00 20.62
Motel 14 1357857 1040000 944.85 2593.00 87.03< 92.04< 3392.62 406.77
Multi-level Office 67 13211528 4800000 14384.61 910.00 282.35< 349.09< 2641.05 5098.49
Multi-storey CarPark 5 6770000 4500000 5871.54 1767.50 1956.52< 1717.56< 1767.50 6096.18
National Co Rest 6 3444333 2550000 763.48 2669.50 ND 171.43< 2703.00 822.33
National Co Unsp 12 15162157 10050000 523.46 5349.00 507.58< 1546.15< 9335.78 981.24
Neighbourhood 1 31600000 31600000 NA NA ND 5923.15< NA NA
Office & Dwelling 3 8655000 1530000 3346.15 130.00 482.95< 202.65< 130.00 3346.15
Office Cvrt Dwelling 4 1493750 1087500 900.18 1489.00 ND 156.47< 1489.00 537.27
Office Prem Unsp 490 1717292 542500 953.49 430.00 142.63< 106.37< 994.74 2790.63
Playhouse/Theatre 3 618833 418000 334.40 1250.00 ND 48.60< 1214.00 509.75
Pub/Tavern/Club Unsp 79 1477986 920000 222.29 1089.00 17.00< 76.67< 19618.93 69.96
Reception/Function 3 2017500 2300000 442.54 659500.00 192.27< 247.71< 659500.00 3.75
Res Hotel/Motel Apar 1 2300000 2300000 3833.33 600.00 ND 7.56< 600.00 3833.33
Restaurant 67 1459586 760000 1562.20 459.50 76.00< 93.25< 1399.69 1077.29
Retail Mult Occ Unsp 151 1273915 650000 10590.97 259.50 158.54< 94.89< 736.63 972.92
Retail Sgle Occ Unsp 198 1486075 582200 180.72 1743.50 136.99< 101.78< 5428.21 228.86
Retail Store/Showrm 135 1575746 707000 1221.05 485.00 88.38< 88.38< 1809.89 775.17
Serv Apt/Unit Unsp 15 1471649 720000 91.64 10048.50 351.22< 280.16< 45712.71 14.83
Shop 314 767566 474000 583.66 257.00 105.33< 89.43< 721.56 1053.23
Shop & Dwelling 50 682288 532200 2849.06 265.00 86.96< 87.53< 520.15 1398.36
Shopping Centre Unsp 37 15197348 9350000 2798.59 5500.00 85.08< 639.69< 28287.37 569.07
SpecialPurpose tech 1 1427005 1427005 6.02 237230.00 ND ND 237230.00 6.02
Strata/Subdiv Office 214 1379624 422500 732.65 606.00 98.48< 105.63< 1714.25 402.85
Supermarket 4 936078 1085000 133.33 1500.00 12.50< 19.34< 2041.00 387.07
Timber Yard/Supplies 1 1430000 1430000 NA NA 28.60< 227.89< NA NA
Tourist Park/Caravan 24 1586083 1425000 95.99 22130.00 234.68< 286.72< 33143.32 50.96
Vac in globo Land 1 5175000 5478312 292.57 34852.00 191.55< 949.17< 10620.00 487.29
Vehicle Sales Centre 26 2161780 962500 599.29 2426.50 106.41< 73.19< 4043.00 649.06
Veterinary Clinic 5 481624 450000 373.13 670.00 79.30< 121.21< 577.60 833.84
Community Services ($/SM) (SM) (SM) ($/SM)
Ambulance Station 1 302500 302500 213.78 1415.00 ND ND 1415.00 213.78
Church, Temple, etc. 19 1918157 640000 3497.44 975.00 103.06< 160.00< 1438.82 1168.89
Civic Buildings 1 800000 800000 NA NA ND 80.00< NA NA
Comm/Neighb Facility 3 1387000 2005000 1176.64 1704.00 ND 280.42< 4512.00 307.40
Community Health Cen 1 1575000 1575000 NA NA ND 220.28< NA NA
Day Care Centre 12 1124416 987500 840.19 1458.00 ND 96.34< 1645.91 736.98
Early Childhood Cent 7 2518428 1040000 841.26 2751.50 114.60< 128.24< 6428.50 596.21
Halls&Service Rooms 1 6275000 6275000 NA NA ND ND NA NA
Kindergarten 1 1625000 1625000 744.73 2182.00 ND ND 2182.00 744.73
Prison/Detention/ 1 2530000 2530000 467.31 5414.00 ND ND 5414.00 467.31
Private Edu Centre 3 8695333 8786000 1317.70 8426.00 ND ND 8426.00 1114.76
Private Hospital 1 1760000 1760000 94.65 18594.00 ND 27.25< 18594.00 94.65
Rectory, Manse, 1 385000 385000 228.08 1688.00 ND 112.41< 1688.00 228.08
Religious Hall 1 2150000 2150000 1433.33 1500.00 ND ND 1500.00 1433.33
School Primary 8 4612551 5500000 781.82 11640.50 93.46< 663.60< 11566.67 417.90
School SecondaryUnsp 4 6155850 5611700 631.07 6180.00 124.29< 414.15< 40431.00 150.05
Technical&Further Ed 1 660000 660000 1145.83 576.00 ND ND 576.00 1145.83
University 1 1290000 1290000 NA NA ND 40.61< NA NA
Vac Edu & Res Site 1 5170000 5170000 147.74 34993.00 ND 74.28< 34993.00 147.74
Vac Health Ser Site 3 2860000 2970000 35.00 11000.00 ND 163.64< 11000.00 35.00

A Guide to Property Values 2013 Page 28

Extractive Industry ($/SM) (SM) (SM) ($/SM)
MineOpen Coal 1 220000 220000 5.31 41419.00 ND ND 41419.00 5.31
Quarry/Mine open dry 1 515000 515000 7.77 66290.00 ND ND 66290.00 7.77
Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 4 522500 525000 18.04 20234.00 15.91< 253.62< 45474.67 10.37
Concrete Batch Plant 2 1052500 1052500 67.53 1851.00 ND ND 1851.00 67.53
Coolstore/Coldstore 6 3248166 1553750 2058.18 1980.00 218.84< 603.40< 2755.17 1178.94
Factory 470 817964 420000 696.13 905.00 94.28< 95.87< 3288.19 305.62
Factory Unit 5 980200 1100000 739.28 1726.00 263.47< 278.48< 1286.67 767.10
Factory Unsp 966 891086 428740 441.03 1009.00 112.68< 93.20< 6473.42 144.85
Food ProcessingUnsp 8 1257362 679250 187.73 11170.50 ND 154.38< 29703.00 42.33
Garage/Motor Vehicle 2 1265000 1265000 1444.34 3120.50 ND 149.26< 3120.50 405.38
Ind Dev Site 300 963555 379750 74.31 2062.50 110.06< 108.09< 8195.77 125.60
Ind Land Build ($0) 6 1210866 700000 119.00 6228.00 34.48< 127.27< 27348.17 44.28
Major Ind Complex 2 2361000 2361000 232.92 6776.50 ND 49.19< 6776.50 348.41
Office/Factory 4 764769 325380 517.74 3981.50 ND 47.33< 3981.50 319.02
Oil Refinery 2 2312500 2312500 181.66 181789.00 253.15< ND 181789.00 12.72
OpenStorageUnsp 9 1477666 1001000 162.22 2774.00 2502.50< 158.89< 7223.86 189.53
Processing Plant 1 6181000 6181000 NA NA ND ND NA NA
Rendering Plant 2 217500 217500 27.78 32460.00 ND ND 32460.00 6.70
Storage Depot 1 24000000 24000000 608.63 39433.00 ND 2909.09< 39433.00 608.63
Vac in globo Land 1 5781625 5478312 292.57 34852.00 191.55< 949.17< 59084.00 97.85
Warehouse 209 1684430 580000 639.64 1221.00 95.00< 93.85< 5287.13 353.38
Warehouse Unspec 364 1386333 700000 126.00 1781.00 153.01< 100.00< 6469.18 223.92
Warehouse/Factory 7 2877308 1350000 898.20 1002.00 238.31< 100.00< 2459.40 1410.60
Warehouse/Office 4 1261757 848515 561.37 1687.00 134.15< 133.00< 2279.33 650.34
Warehouse/Showroom 62 1962173 582500 504.20 1079.50 78.45< 68.26< 3264.93 456.39
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Cable Lines,Conduit 1 292238 292238 29.22 10000.00 79.21< ND 10000.00 29.22
Closed Roads 108 21141 8488 312.50 64.00 121.26< 134.73< 7118.04 2.37
Electric Substation 1 60500 60500 1779.41 34.00 ND 45.83< 34.00 1779.41
ElectricDistribLines 2 2299000 2299000 72228.75 28.50 ND 366.67< 28.50 80666.67
Major Water Conduits 3 7333 4400 0.05 92514.00 ND 1.90< 78129.33 0.09
Marinas & Yacht Club 3 248333 240000 4136.95 66.50 82.05< 84.96< 66.50 4097.74
Post Boxes 1 105000 105000 0.46 230000.00 ND 76.48< 230000.00 0.46
Post Offices 4 869875 419750 2094.58 675.00 ND 152.64< 671.75 1294.94
RailwayPassengerTerm 2 115125 115125 0.29 344060.00 ND 12.79< 344060.00 0.33
Reserve for Drainage 1 3000 3000 272.73 11.00 143.54< 213.07< 11.00 272.73
ReservedRoads/Unused 1 2860 2860 357.50 8.00 ND 23.47< 8.00 357.50
Sewerage/StormUnsp 1 52800 52800 150.86 350.00 ND ND 350.00 150.86
Suburban&Rural Road 1 203000 203000 NA NA ND 1604.74< NA NA
TelecomBuildings 1 1028500 1028500 1117.93 920.00 ND ND 920.00 1117.93
TelecomTowers Unspec 1 1182500 1182500 2681.41 441.00 ND ND 441.00 2681.41
Unsp–TranspStorUtil 1 800000 800000 73.73 10850.00 ND 880.67< 10850.00 73.73
Water Catchment Area 4 16361 3297 0.03 34520.00 ND ND 38093.33 0.56
WaterCatchDamReser 1 5288 5288 0.01 392600.00 ND ND 392600.00 0.01
WaterStorageDamRes 2 268150 268150 0.69 385000.00 ND 134.16< 385000.00 0.70
WaterUrbanDistribut 7 3622 2200 0.04 38505.00 ND ND 237502.67 0.01
National Parks, etc ($/SM) (SM) (SM) ($/SM)
CreekRes(freshWater) 1 10450 10450 NA NA ND ND NA NA
Nature Reserve 1 5212 5212 2.48 2105.00 ND 0.95< 2105.00 2.48
VacLnd FutureReserve 4 447152 37726 276.04 10111.00 ND 106.27< 10111.00 84.72
Primary Production ($/SM) (SM) (SM) ($/SM)
Aquaculture Breeding 1 1200000 1200000 23.44 51190.00 ND ND 51190.00 23.44
Com Flower&Plant 1 320000 320000 7.90 40500.00 ND ND 40500.00 7.90
Crop – Mixed Other 1 709500 709500 1.91 372000.00 ND 440.68< 372000.00 1.91
DomsticLivestockGraz 95 463745 385000 0.14 870000.00 212.12< 158.17< 1190297.44 0.39
GenCrop >20ha Unsp 178 420328 328964 0.23 1412890.00 129.06< 102.64< 2312373.34 0.18
Horse Unspecified 14 889128 632500 1.62 287300.00 ND 119.34< 492935.71 1.80
Kennel/Cattery 1 1507000 1507000 194.08 7765.00 ND 209.31< 7765.00 194.08
Livestock – Beef 202 732781 405000 1.98 520450.00 117.39< 101.76< 859659.97 0.85
Livestock – Dairy 158 590547 480000 0.75 625205.00 110.34< 120.00< 886778.01 0.67
Livestock – Sheep 81 520109 414278 0.56 970000.00 129.46< 166.58< 1422014.75 0.37
MarketGardenVeg <20h 21 518088 396000 3.33 90000.00 245.58< 223.73< 217815.38 2.38
MixedFarm + impr 14 1418738 788500 0.46 1876240.00 ND 147.36< 1878531.79 0.76
MixedFarm no impr 228 305821 235000 0.51 522600.00 74.19< 101.29< 919775.20 0.33
MixedFarm&GrazUnsp 1732 578621 391630 0.57 536974.00 139.87< 115.19< 1105366.58 0.52
NatBshland NoAgreem 2 699391 699391 0.73 1082328.00 ND 650.60< 1082328.00 0.65
Native Hardwood 11 308863 218000 0.88 247955.00 88.98< 154.50< 607317.55 0.51
Non-Native Animals 1 583500 583500 0.77 759000.00 ND ND 759000.00 0.77
Orchard Plantations 16 645180 319444 0.46 218230.00 82.71< 118.53< 550916.69 1.17
Piggery 2 160001 160001 1.20 267860.00 60.38< 200.00< 267860.00 0.60
Plant/Tree Nursery 9 735740 610000 356.46 5246.00 ND 87.77< 18317.33 40.17
Poultry broiler 15 866920 900000 11.12 80900.00 73.47< 77.59< 93603.87 9.26
Softwood Plantation 9 700167 261166 0.16 1518600.00 ND 195.98< 2132705.56 0.33
Vineyard 66 817261 395500 11.69 103890.00 163.84< 282.50< 238351.68 3.43

A Guide to Property Values 2013 Page 29

Residential ($/SM) (SM) (SM) ($/SM)
Age Care Amenities 1 450000 450000 154.11 2920.00 ND ND 2920.00 154.11
Age Care/Nursing Uns 23 8390715 7200000 1750.88 6856.50 378.95< 342.86< 9599.83 924.46
Boarding/Dorm Unsp 16 697387 615000 256.81 2239.00 164.00< 89.13< 1450.43 563.77
Cabin/Accommodation 1 265000 265000 132.50 2000.00 ND 70.67< 2000.00 132.50
Cojoin Strata Unsp 380 568677 423750 4742.86 350.00 113.00< 104.63< 416.19 1592.58
Conjoined StrataUnit 2 101250 101250 NA NA 26.13< 16.33< NA NA
Detached Home (new) 1340 558471 429000 826.17 512.00 119.83< 106.72< 570.23 976.89
Detached Home Unsp 36884 573040 446225 349.96 650.00 100.28< 101.41< 968.46 591.27
Detached Home(exist) 36542 542493 420000 507.07 658.00 116.67< 101.69< 764.17 708.59
Garage/Outbuilding 1 65000 65000 49.47 1314.00 ND 44.83< 1314.00 49.47
Half Pair or Duplex 85 575533 525000 1496.21 396.00 131.25< 108.47< 517.64 1193.84
House & Flat/Studio 24 379812 296000 481.39 611.50 271.56< 43.27< 641.82 615.47
Individual Car Park 198 49911 34000 35.60 1861.50 92.08< 103.03< 1921.39 18.33
Individual Flat 1 245000 245000 NA NA 41.79< 400.00< NA NA
MisImpRuralLand Unsp 46 485154 151500 2.86 51615.00 505.00< 65.58< 85902.43 5.65
Nursing Home 1 6190000 6190000 NA NA ND ND NA NA
OYO Strata Flat 1 3290000 3290000 NA NA 783.33< 599.27< NA NA
OYO Stratum Flat 1 250000 250000 NA NA ND 51.87< NA NA
OYO Sub Dwelling 2 250000 250000 NA NA 51.03< 94.34< NA NA
OYO Subdivided Flat 2 262500 262500 NA NA ND ND NA NA
Res Co Sh Unit Unsp 102 440861 441000 NA NA 99.10< 103.52< NA NA
Res Dev Site 74 1638502 922500 850.34 2058.00 410.91< 291.50< 4237.99 352.88
Res Investment Flat 736 589044 400000 1809.65 373.00 75.54< 104.23< 1937.28 363.23
Res Land ($0) 76 719182 596000 710.80 761.00 116.52< 92.12< 1263.59 569.16
Res/Rural Lstyle 5796 580251 460000 20.63 16000.00 112.20< 102.22< 34311.53 16.90
ResLandWithImprovemt 242 416074 338500 30.91 906.00 466.90< 116.72< 13852.99 29.58
Retire Village Compl 13 3790353 2105350 399.43 11027.00 30076.43< 438.61< 35908.83 162.77
Retire Village Unit 494 340794 340000 3428.57 196.00 117.24< 103.34< 196.00 3428.57
Semi-detached 1 1166000 1166000 2399.18 486.00 ND 185.08< 486.00 2399.18
Semi-detached Unsp 120 989799 905000 6187.07 302.00 157.80< 133.09< 312.80 3069.01
Sep House & Curt 85 224953 113000 78.06 1012.00 49.13< 54.59< 289049.76 0.76
Short Term Hol Accom 2 2660000 2660000 92.86 3769.00 ND 280.00< 3769.00 92.86
Single Strata Unit 44 364892 343250 NA NA 98.07< 94.04< NA NA
Single Strata Unsp 9226 464005 410000 859.61 406.00 115.49< 101.23< 583.00 972.90
Site Improvements 1 110000 110000 115.79 950.00 ND 53.72< 950.00 115.79
Special Accom Res 1 1600000 1600000 1585.73 1009.00 104.92< ND 1009.00 1585.73
Storage Area 85 22610 10000 11.85 1266.00 36.04< 100.00< 2093.58 14.22
Strata Dwelling 48 611927 445000 NA NA 111.25< 89.00< NA NA
Strata Unit/Flat Uns 17714 486415 430000 522.39 938.00 114.67< 98.85< 938.00 522.39
Sub Div (in globo) 4 5089747 4875744 141.55 43895.00 195.03< 335.33< 58727.75 86.67
Sub Div (Multi Lot) 19 3715922 2620500 335.82 20800.00 563.55< 163.27< 100553.58 36.95
Terrace House 255 869452 785000 5236.28 204.00 138.57< 96.91< 328.94 2689.18
Townhouse 5462 451330 399000 2700.51 197.00 114.94< 102.31< 253.00 2596.84
Vac Res A 17036 192800 184000 390.63 512.00 120.26< 100.33< 582.36 332.39
Vac Res B 431 176574 140000 65.36 2448.00 112.00< 103.70< 2610.04 67.65
Vac Res in globo Oth 128 3809606 1647500 122.13 33555.00 420.82< 213.96< 240815.74 15.88
Vac Res/Rural Lstyle 2024 236704 156000 4.55 20200.00 107.59< 104.00< 45158.28 5.23
Villa Unit 5 511100 560000 NA NA 135.76< 156.42< NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
Bowling Club 1 235000 235000 131.80 1783.00 ND ND 1783.00 131.80
IndoorSportEtc Unsp 7 2032428 1800000 1058.20 1701.00 139.81< 233.01< 1990.00 1260.80
National Museum 1 2100000 2100000 8076.92 260.00 ND 61.58< 260.00 8076.92
OutdoorSport Complex 1 880000 880000 467.09 1884.00 ND 2933.33< 1884.00 467.09
OutdoorSportGrndUnsp 1 4095000 4095000 10.79 379382.00 ND 159.03< 379382.00 10.79
Tennis Club 3 3923253 2399760 660.00 3636.00 ND ND 4172.00 940.38
WaterSport Pool/Aqua 3 1226666 650000 606.91 1071.00 ND 49.18< 1071.00 606.91

Municipality totals
Community Services Total 71 Community Services Total Prices $192,440,309
Extractive Industry Total 2 Extractive Industry Total Prices $735,000
Industrial Total 2,437 Industrial Total Prices $2,648,355,980
Infrastruc&Utilities Total 146 Infrastruc&Utilities Total Prices $15,720,827
Residential Total 135,775 Residential Total Prices $66,764,963,221
Sport/Hrtge/Cultural Total 17 Sport/Hrtge/Cultural Total Prices $36,986,760
Commercial Total 2,754 Commercial Total Prices $5,810,065,977
National Parks, etc Total 6 National Parks, etc Total Prices $1,804,271
Primary Production Total 2,858 Primary Production Total Prices $1,617,047,673
All Sales Total 144,066 All Sales Total $77,088,120,018

A Guide to Property Values 2013 Page 30

 Melbourne Metropolitan Area
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 55,860 75,500 89,108 16,449 64,000 81,604 20,069 26,800 32,669
1986 48,956 82,000 100,632 13,743 69,000 97,440 17,374 31,000 40,002
1987 53,709 89,900 114,642 16,644 75,000 109,757 17,390 34,200 46,431
1988 64,938 109,900 138,463 20,803 89,500 136,188 23,356 39,900 53,303
1989 44,822 132,500 167,743 15,388 112,000 151,578 15,682 51,000 65,237
1990 38,898 131,000 163,654 14,684 115,000 140,233 11,060 50,000 61,592
1991 40,395 127,000 155,041 13,535 109,000 130,499 11,731 45,500 54,398
1992 42,472 125,000 152,332 14,781 110,000 133,993 13,416 45,500 54,883
1993 45,657 126,000 153,156 17,431 110,000 136,492 14,090 48,945 58,068
1994 48,693 130,000 161,286 20,095 115,000 143,980 14,241 52,000 63,189
1995 45,961 129,000 160,925 16,555 115,000 142,504 11,909 55,000 67,180
1996 48,559 131,000 163,300 19,346 115,000 144,515 11,403 55,000 65,740
1997 59,863 142,000 181,427 26,869 127,250 159,959 16,552 59,000 72,067
1998 56,067 155,000 196,543 25,152 140,000 173,946 16,367 61,000 76,622
1999 59,256 174,000 223,599 29,674 170,000 210,243 21,415 65,000 78,046
2000 60,192 190,000 243,170 28,716 187,000 229,761 15,726 65,300 73,708
2001 70,135 225,000 281,392 35,407 230,000 271,154 24,401 74,000 86,765
2002 66,383 260,000 323,420 30,904 260,000 306,063 21,990 90,000 99,766
2003 64,761 294,000 363,638 28,555 275,000 323,517 22,593 118,000 127,706
2004 56,078 310,000 385,164 24,951 275,000 324,675 13,353 135,000 145,625
2005 59,231 320,000 403,634 27,954 285,000 335,914 13,576 137,000 147,472
2006 57,644 347,000 444,397 29,589 305,000 367,488 15,045 139,000 153,469
2007 69,209 375,000 507,643 40,690 340,000 411,082 20,898 144,000 157,917
2008 54,217 390,000 514,747 30,935 355,000 409,371 16,345 152,000 162,672
2009 61,892 420,000 540,629 39,371 385,000 444,383 22,885 166,000 175,015
2010 57,352 495,000 633,570 36,331 445,000 509,188 20,070 190,000 208,074
2011 50,411 492,500 629,679 29,668 437,000 502,413 12,784 213,000 231,296
2012 47,730 485,000 616,948 28,166 425,000 484,888 10,270 210,000 226,938
2013 52,858 520,000 662,035 30,123 440,000 504,020 10,703 205,000 223,067
2014 5,944 465,000 578,354 3,250 429,500 485,546 888 215,000 237,545

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 31

 Melbourne Metropolitan Area
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 11 2403227 1193500 6910.11 445.00 63.91< 110.00< 551.11 3288.51
Bed and Breakfast 1 640000 640000 259.21 2469.00 ND 122.49< 2469.00 259.21
Bottle Shop/Licensed 1 1333000 1333000 784.12 1700.00 ND 202.74< 1700.00 784.12
Brothel 1 800000 800000 7547.17 106.00 ND 84.21< 106.00 7547.17
Bulky Goods 2 26300000 26300000 3093.48 1487.00 ND ND 1487.00 3093.48
CarPark – OpenAir 5 1744601 1039500 516.39 2013.00 36.22< 63.87< 3481.33 159.23
Cinema Complex 1 2530000 2530000 NA NA 24.66< ND NA NA
Convenience/FastFood 1 2265000 2265000 1303.97 1737.00 ND ND 1737.00 1303.97
Crematorium/Funeral 2 2803000 2803000 2254.69 1641.50 ND ND 1641.50 1707.58
Dental Clinic 1 1000000 1000000 988.14 1012.00 ND 116.28< 1012.00 988.14
Dev Site 125 2016282 760000 1479.83 1935.00 118.19< 90.61< 5589.02 297.78
Diagnostic/X-ray 1 2000000 2000000 NA NA ND ND NA NA
Fuel Outlet/Garage 23 2371636 1900000 995.90 1707.00 95.00< 89.41< 3670.87 646.07
Ground Level Parking 5 5788999 1575000 215.70 1159.00 393.75< 30.29< 1105.80 5235.12
Guest/BackPack Unsp 1 3250000 3250000 2973.47 1093.00 ND ND 1093.00 2973.47
Health Clinic Unsp 46 1066314 712500 994.59 739.00 153.56< 95.13< 1027.06 1028.64
Health Surgery 4 736250 630000 727.61 536.00 ND 93.68< 569.33 1498.83
Hotel/Motel Unsp 7 14835332 6800000 366.25 2157.00 ND 533.33< 3306.43 4486.81
Indiv Car Park Unsp 16 436859 89850 11.88 2105.00 37.95< 179.70< 4050.33 13.17
Licensed Ret Prem 1 2552691 2552691 597.12 4275.00 50.05< 182.34< 4275.00 597.12
Live Ent/Major Multi 1 6160000 6160000 3327.93 1851.00 ND 2200.00< 1851.00 3327.93
LowRise Office Build 25 7330979 3600000 14673.27 1630.50 162.16< 461.54< 3276.25 2462.84
Medical/Surgery 24 1191180 772500 4961.60 789.50 108.04< 106.89< 1120.45 1111.70
Member Club Facility 2 4324500 4324500 102.61 81925.00 ND 131.77< 81925.00 52.79
Mixed Use Office 7 1153501 550000 69.16 18594.00 162.96< 72.37< 18594.00 69.16
Mixed Use Unsp 195 2642789 950000 12280.70 741.00 86.36< 127.18< 4519.01 456.77
Mixed Use Workroom 1 1090000 1090000 NA NA ND 213.73< NA NA
Motel 3 2133333 2625000 121.42 3912.00 170.82< 47.73< 4099.33 520.41
Multi-level Office 63 13573212 4800000 13646.70 1036.00 282.35< 262.30< 2711.40 5268.96
Multi-storey CarPark 5 6770000 4500000 5871.54 1767.50 1956.52< 1717.56< 1767.50 6096.18
National Co Rest 4 4735250 3583000 1266.44 2925.50 ND 240.87< 2925.50 1224.75
National Co Unsp 6 18205980 8400000 2860.94 1503.00 ND 1680.00< 2106.33 1540.73
Office & Dwelling 2 12765000 12765000 NA NA 4029.36< 1059.34< NA NA
Office Cvrt Dwelling 2 2300000 2300000 1621.62 740.00 ND 425.93< 740.00 1621.62
Office Prem Unsp 420 1896721 565488 2249.03 455.50 148.68< 105.45< 1145.89 3139.47
Playhouse/Theatre 2 888250 888250 1899.98 821.00 ND 81.68< 821.00 1081.91
Pub/Tavern/Club Unsp 37 2120162 1650000 5415.16 277.00 24.60< 75.00< 1560.14 1446.10
Reception/Function 2 1876250 1876250 883.33 3000.00 130.41< 202.07< 3000.00 883.33
Res Hotel/Motel Apar 1 2300000 2300000 3833.33 600.00 ND 7.56< 600.00 3833.33
Restaurant 51 1765496 939000 2222.22 459.00 85.83< 100.82< 1691.49 1088.35
Retail Mult Occ Unsp 116 1458511 722500 1770.83 240.00 172.02< 90.54< 353.67 2312.99
Retail Sgle Occ Unsp 125 2016282 760000 1479.83 1935.00 118.19< 90.61< 5589.02 297.78
Retail Store/Showrm 97 1813747 935000 2113.12 402.00 94.49< 92.57< 1626.48 971.82
Serv Apt/Unit Unsp 9 2060722 800000 91.64 10048.50 451.98< 336.13< 33974.75 21.94
Shop 229 925941 580000 4100.95 241.50 104.50< 96.55< 791.02 1170.69
Shop & Dwelling 34 870382 670000 3497.76 223.00 81.21< 95.71< 310.55 2886.96
Shopping Centre Unsp 23 18860734 11500000 765.05 36050.00 60.53< 945.23< 50562.30 525.80
SpecialPurpose tech 1 1427005 1427005 6.02 237230.00 ND ND 237230.00 6.02
Strata/Subdiv Office 197 1449008 420000 1607.09 639.50 97.79< 104.03< 1981.39 362.33
Supermarket 1 1015000 1015000 1227.33 827.00 11.69< 18.09< 827.00 1227.33
Timber Yard/Supplies 1 1430000 1430000 NA NA 25.88< 212.64< NA NA
Tourist Park/Caravan 8 2393125 1757500 208.69 8539.50 257.32< 395.83< 13217.67 230.00
Vac in globo Land 1 5175000 5175000 487.29 10620.00 180.94< 896.62< 10620.00 487.29
Vehicle Sales Centre 16 2861781 962500 1061.58 2663.00 56.53< 71.02< 4246.89 1022.11
Veterinary Clinic 3 577706 483120 2730.38 293.00 85.13< 86.85< 402.33 1435.89
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 11 2459545 1330000 3497.44 975.00 89.50< 117.96< 1439.11 1411.37
Comm/Neighb Facility 2 2047500 2047500 683.06 6367.00 ND 143.18< 6367.00 321.58
Day Care Centre 8 1269750 1287500 712.49 1242.00 ND 97.01< 1500.38 846.29
Early Childhood Cent 6 2663166 944000 1227.98 1873.00 95.84< 98.08< 7361.33 619.50
Halls&Service Rooms 1 6275000 6275000 NA NA ND ND NA NA
Kindergarten 1 1625000 1625000 744.73 2182.00 ND ND 2182.00 744.73
Prison/Detention/ 1 2530000 2530000 467.31 5414.00 ND ND 5414.00 467.31
Private Edu Centre 2 9393000 9393000 1317.70 8426.00 ND ND 8426.00 1114.76
Private Hospital 1 1760000 1760000 94.65 18594.00 ND 21.13< 18594.00 94.65
Religious Hall 1 2150000 2150000 1433.33 1500.00 ND ND 1500.00 1433.33
School Primary 8 4612551 5500000 781.82 11640.50 93.46< 697.61< 11566.67 417.90
School SecondaryUnsp 2 7961700 7961700 84.05 113026.00 176.34< 530.78< 113026.00 84.05
University 1 1290000 1290000 NA NA ND 40.61< NA NA
Vac Edu & Res Site 1 5170000 5170000 147.74 34993.00 ND 74.28< 34993.00 147.74
Vac Health Ser Site 1 2970000 2970000 NA NA ND ND NA NA

A Guide to Property Values 2013 Page 32

Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 1 675000 675000 NA NA 20.45< ND NA NA
Coolstore/Coldstore 5 3823000 2200000 3921.57 2040.00 327.72< 63.99< 2922.20 1308.26
Factory 421 857096 429000 809.20 796.50 92.86< 95.23< 3373.28 320.10
Factory Unit 5 980200 1100000 739.28 1726.00 263.47< 261.90< 1286.67 767.10
Factory Unsp 777 986387 473000 605.05 851.00 84.73< 92.75< 6286.03 173.02
Food ProcessingUnsp 2 2225000 2225000 187.73 11170.50 ND ND 11170.50 199.19
Garage/Motor Vehicle 2 1265000 1265000 1444.34 3120.50 ND 115.26< 3120.50 405.38
Ind Dev Site 208 1190023 450000 614.23 2355.50 102.27< 96.26< 6749.00 191.07
Ind Land Build ($0) 5 1413040 950000 126.87 3547.00 46.80< 112.36< 17091.80 82.67
Office/Factory 3 950026 341000 517.74 3981.50 ND 48.71< 3981.50 319.02
Oil Refinery 2 2312500 2312500 181.66 181789.00 253.15< ND 181789.00 12.72
OpenStorageUnsp 6 2094000 2420000 300.68 9146.00 ND 366.67< 9789.00 191.01
Processing Plant 1 6181000 6181000 NA NA ND ND NA NA
Storage Depot 1 24000000 24000000 608.63 39433.00 ND 2909.09< 39433.00 608.63
Warehouse 172 1926255 665001 825.00 1200.00 92.68< 100.76< 4596.66 474.82
Warehouse Unspec 279 1583288 770000 438.10 1412.00 95.06< 92.77< 5504.80 314.09
Warehouse/Factory 7 2877308 1350000 898.20 1002.00 238.31< 90.00< 2459.40 1410.60
Warehouse/Office 4 1261757 848515 561.37 1687.00 134.15< 133.00< 2279.33 650.34
Warehouse/Showroom 45 2524461 675000 1148.56 904.50 73.37< 69.23< 3340.50 597.32
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 82 23298 8562 290.89 46.00 122.31< 125.32< 188.60 86.04
Electric Substation 1 60500 60500 1779.41 34.00 ND 45.83< 34.00 1779.41
ElectricDistribLines 2 2299000 2299000 72228.75 28.50 ND 366.67< 28.50 80666.67
Marinas & Yacht Club 3 248333 240000 4136.95 66.50 82.05< 84.96< 66.50 4097.74
Post Offices 1 2530000 2530000 3373.33 750.00 ND 632.50< 750.00 3373.33
RailwayPassengerTerm 1 30250 30250 0.13 238120.00 ND ND 238120.00 0.13
ReservedRoads/Unused 1 2860 2860 357.50 8.00 ND 22.31< 8.00 357.50
Sewerage/StormUnsp 1 52800 52800 150.86 350.00 ND ND 350.00 150.86
Suburban&Rural Road 1 203000 203000 NA NA ND 1604.74< NA NA
TelecomBuildings 1 1028500 1028500 1117.93 920.00 ND ND 920.00 1117.93
TelecomTowers Unspec 1 1182500 1182500 2681.41 441.00 ND ND 441.00 2681.41
National Parks, etc ($/SM) (SM) (SM) ($/SM)
VacLnd FutureReserve 1 1705000 1705000 551.60 3091.00 ND ND 3091.00 551.60
Primary Production ($/SM) (SM) (SM) ($/SM)
Aquaculture Breeding 1 1200000 1200000 23.44 51190.00 ND ND 51190.00 23.44
DomsticLivestockGraz 1 600000 600000 0.50 1207000.00 ND ND 1207000.00 0.50
GenCrop >20ha Unsp 1 1420000 1420000 5.49 258600.00 93.11< 161.36< 258600.00 5.49
Horse Unspecified 3 1186666 1400000 34.59 40470.00 ND 190.48< 45140.00 26.29
Kennel/Cattery 1 1507000 1507000 194.08 7765.00 ND 205.03< 7765.00 194.08
Livestock – Beef 8 5862500 1900000 3.02 386700.00 52.36< 107.65< 395584.38 14.82
MarketGardenVeg <20h 3 929000 866000 10.07 54200.00 140.72< 82.09< 53188.67 17.47
MixedFarm + impr 2 2705000 2705000 5.23 848683.00 ND 185.91< 848683.00 3.19
MixedFarm no impr 2 755000 755000 2.44 323600.00 79.89< 103.99< 323600.00 2.33
MixedFarm&GrazUnsp 88 1396369 882001 1.49 340852.00 186.08< 88.20< 410422.82 3.40
Native Hardwood 1 961000 961000 4.34 221360.00 ND ND 221360.00 4.34
Orchard Plantations 1 3050000 3050000 32.10 95010.00 244.00< ND 95010.00 32.10
Plant/Tree Nursery 6 610277 605000 157.56 3517.50 ND 70.55< 21935.00 27.82
Poultry broiler 7 1291383 1200000 11.12 80900.00 126.32< 98.77< 83957.14 15.38
Vineyard 16 2163000 1464000 22.05 41025.00 97.60< 104.57< 213833.13 10.12
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 19 7296483 5250000 1939.86 5155.00 276.32< 272.87< 6984.33 1158.05
Boarding/Dorm Unsp 16 697387 615000 256.81 2239.00 164.00< 90.98< 1450.43 563.77
Cojoin Strata Unsp 371 576963 440000 3028.04 349.00 115.03< 100.00< 416.28 1599.19
Conjoined StrataUnit 2 101250 101250 NA NA 26.30< 15.83< NA NA
Detached Home (new) 988 632406 480000 1487.72 448.00 129.73< 112.97< 501.28 1260.59
Detached Home Unsp 27772 658761 520000 864.18 624.00 110.64< 104.00< 673.65 977.77
Detached Home(exist) 23661 663146 515000 704.72 635.00 122.43< 105.10< 692.81 957.64
Half Pair or Duplex 78 585779 531250 1591.18 374.00 128.01< 102.16< 455.65 1369.64
House & Flat/Studio 12 447416 340000 1992.33 484.50 ND 42.24< 465.50 1062.08
Individual Car Park 193 50995 34000 18.07 1944.50 92.27< 103.03< 2109.59 18.36
MisImpRuralLand Unsp 5 3204200 1550000 15.18 102100.00 ND 200.00< 98308.00 32.59
Nursing Home 1 6190000 6190000 NA NA ND ND NA NA
OYO Strata Flat 1 3290000 3290000 NA NA 783.33< 599.27< NA NA
OYO Stratum Flat 1 250000 250000 NA NA ND 51.87< NA NA
OYO Sub Dwelling 1 400000 400000 NA NA 81.65< 150.94< NA NA
OYO Subdivided Flat 2 262500 262500 NA NA ND ND NA NA
Res Co Sh Unit Unsp 101 442949 442000 NA NA 99.33< 103.76< NA NA
Res Dev Site 59 1771769 1100000 889.79 1978.00 591.40< 341.61< 3542.96 447.78
Res Investment Flat 569 664644 439000 2130.81 344.00 87.98< 102.09< 663.05 1167.28
Res Land ($0) 72 749212 635000 736.01 744.00 124.14< 97.69< 1144.65 654.53
Res/Rural Lstyle 1681 973948 785000 63.50 10000.00 118.94< 103.63< 26102.32 37.52
ResLandWithImprovemt 148 521050 420000 764.53 654.00 4421.05< 128.64< 11369.16 49.04
Retire Village Compl 9 5018043 6868394 414.26 16580.00 98119.91< 903.74< 41995.80 156.98
Retire Village Unit 439 359841 350088 3428.57 196.00 112.93< 100.03< 196.00 3428.57
Semi-detached 1 1166000 1166000 2399.18 486.00 ND 179.38< 486.00 2399.18
Semi-detached Unsp 112 1035763 932540 6187.07 302.00 160.78< 131.90< 311.76 3233.58
Sep House & Curt 1 1000000 1000000 500.00 2000.00 1886.79< 136.05< 2000.00 500.00
Single Strata Unit 36 381298 373500 NA NA 106.71< 92.45< NA NA
Single Strata Unsp 8109 492769 435000 1709.93 547.00 117.57< 101.16< 627.25 991.23
Special Accom Res 1 1600000 1600000 1585.73 1009.00 104.92< ND 1009.00 1585.73
Storage Area 85 22610 10000 11.85 1266.00 36.04< 100.00< 2093.58 14.22
Strata Dwelling 48 611927 445000 NA NA 111.25< 89.00< NA NA
Strata Unit/Flat Uns 16102 507886 445000 522.39 938.00 114.10< 99.73< 938.00 522.39
Sub Div (in globo) 4 5089747 4875744 141.55 43895.00 151.19< 262.14< 58727.75 86.67
Sub Div (Multi Lot) 14 4663501 4895343 211.93 19770.00 1052.76< 202.29< 117115.07 39.82
Terrace House 235 918931 810000 6056.70 194.00 138.23< 97.47< 299.41 3083.29
Townhouse 4336 498778 440000 2700.51 197.00 115.88< 103.53< 253.00 2596.84
Vac Res A 10621 222146 205000 424.11 448.00 123.49< 96.47< 493.80 451.16
Vac Res B 82 342414 322500 111.84 2303.50 184.29< 94.16< 2504.07 136.74
Vac Res in globo Oth 63 5470460 2550000 100.00 25000.00 664.66< 124.39< 229000.33 23.89
Vac Res/Rural Lstyle 227 617720 520000 73.57 10330.00 138.63< 135.95< 27895.28 22.23
Villa Unit 4 593875 612500 NA NA 130.32< 159.09< NA NA

A Guide to Property Values 2013 Page 33

Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 6 2349500 2275000 1401.64 1764.50 129.08< 235.45< 2338.00 1327.52
National Museum 1 2100000 2100000 8076.92 260.00 ND 61.58< 260.00 8076.92
OutdoorSport Complex 1 880000 880000 467.09 1884.00 ND ND 1884.00 467.09
Tennis Club 3 3923253 2399760 660.00 3636.00 ND ND 4172.00 940.38
WaterSport Pool/Aqua 3 1226666 650000 606.91 1071.00 ND 28.57< 1071.00 606.91

Municipality totals
Commercial Total 1,969 Commercial Total Prices $5,038,184,984
National Parks, etc Total 1 National Parks, etc Total Prices $1,705,000
Primary Production Total 141 Primary Production Total Prices $239,094,886
Community Services Total 47 Community Services Total Prices $152,666,809
Industrial Total 1,946 Industrial Total Prices $2,375,584,268
Infrastruc&Utilities Total 95 Infrastruc&Utilities Total Prices $12,343,920
Residential Total 96,282 Residential Total Prices $55,238,818,394
Sport/Hrtge/Cultural Total 14 Sport/Hrtge/Cultural Total Prices $32,526,760
All Sales Total 100,495 All Sales Total $63,090,925,021

A Guide to Property Values 2013 Page 34

 Country Victoria
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 19,209 50,000 54,977 1,939 52,300 59,979 13,797 13,000 15,586
1986 17,348 55,500 61,094 1,873 57,800 65,853 11,591 15,700 19,188
1987 19,123 60,000 66,566 2,073 60,000 73,570 10,388 19,000 23,197
1988 23,579 67,000 75,337 2,993 66,000 81,297 12,823 22,500 26,643
1989 20,387 77,000 86,503 2,822 74,500 87,208 12,915 26,500 31,325
1990 16,551 80,000 89,354 2,505 78,500 88,429 9,294 29,000 33,215
1991 15,648 80,000 88,454 2,209 80,000 89,400 7,003 29,000 32,637
1992 17,416 81,875 89,714 2,333 81,000 89,323 7,727 30,000 33,890
1993 18,882 83,500 93,005 2,490 80,000 88,475 8,429 31,000 35,731
1994 19,712 85,725 95,566 2,613 82,500 90,835 8,912 31,500 36,422
1995 18,582 85,000 98,151 2,096 83,150 90,725 7,314 33,000 42,560
1996 19,131 85,500 98,507 2,160 82,250 98,757 6,713 33,000 42,602
1997 21,845 88,000 102,262 2,702 80,000 89,655 8,042 34,425 44,342
1998 22,082 91,000 105,845 2,714 83,000 94,096 8,346 35,268 44,361
1999 23,706 100,000 114,879 2,925 88,500 105,500 9,105 38,000 43,568
2000 27,270 105,000 119,659 3,402 96,500 116,998 8,514 39,000 43,330
2001 31,773 120,500 135,917 4,443 105,000 124,657 13,863 44,000 50,420
2002 32,193 145,000 164,213 4,296 125,000 144,544 15,229 52,500 56,926
2003 30,861 173,500 192,208 4,128 156,000 181,000 14,223 65,000 73,075
2004 27,101 193,000 214,623 3,950 175,000 207,739 10,320 75,000 82,871
2005 27,014 210,000 231,793 3,922 190,000 218,784 9,098 85,000 93,567
2006 25,754 222,000 246,537 3,953 195,000 231,991 8,765 92,000 104,455
2007 29,316 230,493 262,104 4,674 205,000 243,267 9,330 98,487 112,472
2008 23,972 235,000 263,083 3,858 209,000 240,345 7,019 100,500 111,309
2009 26,347 243,000 268,543 5,124 219,000 245,668 10,664 106,400 115,669
2010 23,012 272,000 304,256 4,397 239,000 271,642 11,129 124,000 134,770
2011 21,076 280,000 312,232 3,907 242,500 281,847 9,158 132,000 143,705
2012 20,423 280,000 309,008 4,068 240,000 263,745 7,565 130,000 139,932
2013 22,392 289,000 317,657 4,098 240,000 267,632 6,764 132,500 143,873
2014 3,403 290,000 318,055 581 240,000 273,523 958 128,000 138,727

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 35

 Country Victoria
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 6 1396250 1263750 906.94 529.00 718.04< 549.46< 535.50 2475.49
Bed and Breakfast 5 592000 515000 184.75 10800.00 ND 137.33< 200537.50 3.12
Bottle Shop/Licensed 1 900000 900000 1075.27 837.00 ND 545.45< 837.00 1075.27
Café 1 683000 683000 91.94 7429.00 ND 350.26< 7429.00 91.94
Car Wash 4 760000 915000 607.56 1626.00 ND 110.91< 1543.00 492.55
CarPark – OpenAir 3 2886666 1460000 521.47 4692.50 ND 521.43< 4692.50 767.18
Com Land (Struct 0) 1 885000 885000 45.88 19290.00 ND 618.88< 19290.00 45.88
Crematorium/Funeral 2 685000 685000 309.75 2046.50 ND 99.64< 2046.50 334.72
Dev Site 73 578187 320000 208.80 1531.50 150.77< 111.89< 5199.95 123.73
Fuel Outlet/Garage 12 862458 520500 447.03 2976.00 270.39< 136.97< 4595.83 187.66
Guest/BackPack Unsp 16 503218 370000 57.08 15000.00 ND 80.79< 33358.50 15.09
Health Clinic Unsp 15 583144 370000 436.84 847.00 47.13< 74.23< 1151.67 506.35
Health Surgery 2 460000 460000 693.90 669.00 ND 125.34< 669.00 687.59
Hotel/Gaming 2 467500 467500 775.69 1012.00 ND ND 1012.00 775.69
Hotel/Motel Unsp 29 1211757 690000 123.51 3839.00 ND 82.88< 94660.96 14.76
Licensed Ret Prem 5 356400 292000 488.47 1366.00 99.66< 265.45< 2536.00 140.54
LowRise Office Build 7 3362142 2465000 915.01 826.00 ND 226.88< 738.50 2037.91
Major Infrastructure 1 1705000 1705000 320.79 5315.00 ND ND 5315.00 320.79
Medical/Surgery 13 503415 490000 273.82 913.00 146.27< 116.67< 904.27 614.20
Member Club Facility 2 172500 172500 177.53 2141.50 ND 16.37< 2141.50 80.55
Mixed Use Office 3 269000 300000 670.66 501.00 ND 146.16< 501.00 670.66
Mixed Use Shop 1 80000 80000 NA NA ND 33.33< NA NA
Mixed Use Unsp 108 460385 305000 135.00 1000.00 70.93< 84.96< 3466.87 125.71
Mixed Use Workroom 1 89650 89650 20.62 4348.00 ND ND 4348.00 20.62
Motel 11 1146363 1010000 819.82 2427.50 85.05< 90.58< 3180.60 362.82
Multi-level Office 4 7514999 3330000 1028.57 875.00 165.96< 492.97< 1703.00 1479.74
National Co Rest 2 862500 862500 423.60 2480.50 ND ND 2480.50 347.71
National Co Unsp 6 12118333 10050000 846.96 8686.50 507.58< 1546.15< 12950.50 935.74
Neighbourhood 1 31600000 31600000 NA NA ND ND NA NA
Office & Dwelling 1 435000 435000 3346.15 130.00 ND 98.86< 130.00 3346.15
Office Cvrt Dwelling 2 687500 687500 178.73 2238.00 ND 80.88< 2238.00 178.73
Office Prem Unsp 70 640717 432500 627.79 403.00 ND 120.14< 584.96 938.01
Playhouse/Theatre 1 80000 80000 40.00 2000.00 ND 35.56< 2000.00 40.00
Pub/Tavern/Club Unsp 42 912260 467500 495.65 2364.00 202.38< 117.61< 32711.55 22.38
Reception/Function 1 2300000 2300000 1.75 1316000.00 242.11< ND 1316000.00 1.75
Restaurant 16 484497 413727 902.17 460.00 73.88< 116.54< 524.31 970.29
Retail Mult Occ Unsp 35 662112 270000 179.56 724.00 200.00< 78.26< 1991.14 193.17
Retail Sgle Occ Unsp 73 578187 320000 208.80 1531.50 150.77< 111.89< 5199.95 123.73
Retail Store/Showrm 38 968218 443750 626.15 1025.50 173.95< 106.93< 2176.69 481.28
Serv Apt/Unit Unsp 6 588040 607620 137.29 14715.50 159.90< 194.75< 61363.33 9.58
Shop 85 340884 260000 666.67 300.00 94.55< 78.79< 553.63 647.46
Shop & Dwelling 16 282587 242500 301.21 763.00 92.38< 106.59< 1026.67 310.18
Shopping Centre Unsp 14 9178928 3345000 154.82 1744.00 38.54< 20.22< 3537.44 1256.24
Strata/Subdiv Office 17 575588 506000 732.65 606.00 132.29< 146.40< 779.25 763.39
Supermarket 3 909771 1155000 218.80 2648.00 ND 18.93< 2648.00 255.85
Tourist Park/Caravan 16 1182562 1200000 23.84 38400.00 229.67< 161.34< 40615.44 29.12
Vehicle Sales Centre 10 1041780 1000000 136.99 2190.00 119.40< 77.88< 3839.11 236.39
Veterinary Clinic 2 337500 337500 396.76 840.50 ND 131.07< 840.50 401.55
Community Services ($/SM) (SM) (SM) ($/SM)
Ambulance Station 1 302500 302500 213.78 1415.00 ND ND 1415.00 213.78
Church, Temple, etc. 8 1173750 255000 113.54 1437.50 141.67< 170.00< 1437.50 76.52
Civic Buildings 1 800000 800000 NA NA ND 80.00< NA NA
Comm/Neighb Facility 1 66000 66000 82.29 802.00 ND 6600000.00< 802.00 82.29
Community Health Cen 1 1575000 1575000 NA NA ND 357.95< NA NA
Day Care Centre 4 833750 510000 374.44 2003.00 ND 68.00< 2034.00 521.96
Early Childhood Cent 1 1650000 1650000 454.55 3630.00 250.00< 347.37< 3630.00 454.55
Private Edu Centre 1 7300000 7300000 NA NA ND ND NA NA
Rectory, Manse, 1 385000 385000 228.08 1688.00 ND ND 1688.00 228.08
School SecondaryUnsp 2 4350000 4350000 1465.51 4133.50 ND 494.32< 4133.50 1052.38
Technical&Further Ed 1 660000 660000 1145.83 576.00 ND ND 576.00 1145.83
Vac Health Ser Site 2 2805000 2805000 35.00 11000.00 ND 154.55< 11000.00 35.00
Extractive Industry ($/SM) (SM) (SM) ($/SM)
MineOpen Coal 1 220000 220000 5.31 41419.00 ND ND 41419.00 5.31
Quarry/Mine open dry 1 515000 515000 7.77 66290.00 ND ND 66290.00 7.77
Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 3 471666 430000 18.04 20234.00 ND 207.73< 45474.67 10.37
Concrete Batch Plant 2 1052500 1052500 67.53 1851.00 ND ND 1851.00 67.53
Coolstore/Coldstore 1 374000 374000 194.79 1920.00 18.70< 145.24< 1920.00 194.79
Factory 49 481750 352000 347.91 1006.00 108.31< 103.38< 2729.67 188.17
Factory Unsp 189 499295 300000 100.97 1852.00 141.18< 92.45< 7020.27 71.25
Food ProcessingUnsp 6 934817 348000 77.19 12588.50 ND 79.09< 35880.50 26.05
Ind Dev Site 92 451539 200000 86.78 1869.00 125.39< 95.69< 11295.98 41.78
Ind Land Build ($0) 1 200000 200000 2.54 78630.00 ND 202.02< 78630.00 2.54
Major Ind Complex 2 2361000 2361000 232.92 6776.50 ND 1124.29< 6776.50 348.41
Office/Factory 1 209000 209000 NA NA ND 34.43< NA NA
OpenStorageUnsp 3 245000 125000 156.47 811.00 312.50< 27.96< 811.00 144.88
Rendering Plant 2 217500 217500 27.78 32460.00 ND ND 32460.00 6.70
Vac in globo Land 1 5781625 5781625 97.85 59084.00 ND 722.83< 59084.00 97.85
Warehouse 37 560271 285000 182.38 1324.50 95.00< 75.00< 8270.93 61.70
Warehouse Unspec 85 739856 396000 408.42 3183.00 202.25< 95.40< 9032.04 77.86
Warehouse/Showroom 17 473764 450000 345.91 1235.50 97.83< 93.75< 3113.79 154.02

A Guide to Property Values 2013 Page 36

Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Cable Lines,Conduit 1 292238 292238 29.22 10000.00 ND ND 10000.00 29.22
Closed Roads 26 14337 6260 1.39 2744.50 88.48< 156.50< 31804.19 0.60
Major Water Conduits 3 7333 4400 0.05 92514.00 ND 1.90< 78129.33 0.09
Post Boxes 1 105000 105000 0.46 230000.00 ND 76.48< 230000.00 0.46
Post Offices 3 316500 350000 815.83 600.00 ND 133.33< 645.67 490.19
RailwayPassengerTerm 1 200000 200000 0.44 450000.00 ND 22.22< 450000.00 0.44
Reserve for Drainage 1 3000 3000 272.73 11.00 143.54< 232.02< 11.00 272.73
Unsp–TranspStorUtil 1 800000 800000 73.73 10850.00 ND 2666.67< 10850.00 73.73
Water Catchment Area 4 16361 3297 0.03 34520.00 ND ND 38093.33 0.56
WaterCatchDamReser 1 5288 5288 0.01 392600.00 ND ND 392600.00 0.01
WaterStorageDamRes 2 268150 268150 0.69 385000.00 ND 134.16< 385000.00 0.70
WaterUrbanDistribut 7 3622 2200 0.04 38505.00 ND ND 237502.67 0.01
National Parks, etc ($/SM) (SM) (SM) ($/SM)
CreekRes(freshWater) 1 10450 10450 NA NA ND ND NA NA
Nature Reserve 1 5212 5212 2.48 2105.00 ND ND 2105.00 2.48
VacLnd FutureReserve 3 27869 25000 0.48 17131.00 ND 70.42< 17131.00 0.48
Primary Production ($/SM) (SM) (SM) ($/SM)
Com Flower&Plant 1 320000 320000 7.90 40500.00 ND ND 40500.00 7.90
Crop – Mixed Other 1 709500 709500 1.91 372000.00 ND 440.68< 372000.00 1.91
DomsticLivestockGraz 94 462296 382500 0.32 840650.00 210.74< 157.14< 1190119.76 0.39
GenCrop >20ha Unsp 177 414680 327928 0.10 1433000.00 129.22< 102.48< 2323976.58 0.18
Horse Unspecified 11 807981 555000 0.64 376400.00 ND 119.35< 615061.82 1.31
Livestock – Beef 194 521247 384500 0.54 527850.00 114.43< 99.85< 878797.11 0.59
Livestock – Dairy 158 590547 480000 0.75 625205.00 114.29< 121.52< 886778.01 0.67
Livestock – Sheep 81 520109 414278 0.56 970000.00 129.46< 169.09< 1422014.75 0.37
MarketGardenVeg <20h 18 449602 337500 2.67 103521.00 232.76< 383.52< 245253.17 1.83
MixedFarm + impr 12 1204362 788500 0.44 2041522.50 ND 156.14< 2050173.25 0.59
MixedFarm no impr 226 301846 233500 0.48 532000.00 76.56< 106.14< 925074.53 0.33
MixedFarm&GrazUnsp 1644 534849 370000 1.09 565600.00 143.55< 113.85< 1142610.83 0.47
NatBshland NoAgreem 2 699391 699391 0.73 1082328.00 ND 717.32< 1082328.00 0.65
Native Hardwood 10 243650 169000 0.66 260327.50 68.98< 119.77< 645913.30 0.38
Non-Native Animals 1 583500 583500 0.77 759000.00 ND ND 759000.00 0.77
Orchard Plantations 15 484859 300000 0.53 234060.00 80.00< 111.32< 581310.47 0.83
Piggery 2 160001 160001 1.20 267860.00 60.38< 200.00< 267860.00 0.60
Plant/Tree Nursery 3 986666 770000 40.00 8000.00 ND 190.12< 11082.00 89.03
Poultry broiler 8 495515 394000 4.58 80900.00 26.27< 71.90< 102044.75 4.86
Softwood Plantation 9 700167 261166 0.10 1518600.00 ND 195.98< 2132705.56 0.33
Vineyard 50 386625 300000 3.18 140650.00 150.00< 268.82< 246197.62 1.57
Residential ($/SM) (SM) (SM) ($/SM)
Age Care Amenities 1 450000 450000 154.11 2920.00 ND ND 2920.00 154.11
Age Care/Nursing Uns 4 13588315 14432912 736.44 17562.00 ND 276.76< 22677.33 564.75
Cabin/Accommodation 1 265000 265000 132.50 2000.00 ND 103.11< 2000.00 132.50
Cojoin Strata Unsp 9 227111 230000 552.24 402.00 85.50< 107.23< 402.00 552.24
Detached Home (new) 352 350949 325000 399.09 659.00 115.97< 101.22< 763.08 455.70
Detached Home Unsp 9112 311773 280000 381.24 741.00 116.67< 103.70< 1862.50 167.32
Detached Home(exist) 12881 320865 292000 417.25 719.00 121.67< 102.82< 893.71 358.14
Garage/Outbuilding 1 65000 65000 49.47 1314.00 ND 44.83< 1314.00 49.47
Half Pair or Duplex 7 461357 290000 460.12 849.50 116.00< 106.52< 1184.00 466.53
House & Flat/Studio 12 312208 276000 280.87 737.00 253.21< 104.15< 788.75 395.83
Individual Car Park 5 8052 10000 32.38 346.50 3.92< 100.00< 415.75 16.99
Individual Flat 1 245000 245000 NA NA ND 400.00< NA NA
MisImpRuralLand Unsp 41 153563 120000 1.29 50250.00 400.00< 66.67< 84389.56 1.82
OYO Sub Dwelling 1 100000 100000 NA NA ND ND NA NA
Res Co Sh Unit Unsp 1 230000 230000 NA NA ND ND NA NA
Res Dev Site 15 1114318 577500 106.89 3657.00 57.18< 278.65< 6869.14 167.57
Res Investment Flat 167 331459 260000 382.29 791.50 29.55< 115.56< 7787.14 48.93
Res Land ($0) 4 178625 197500 52.81 3943.00 ND 182.87< 3404.50 52.47
Res/Rural Lstyle 4115 419423 385000 18.05 20000.00 114.93< 104.19< 37611.63 11.14
ResLandWithImprovemt 94 250792 192500 27.95 1575.50 164.53< 101.32< 16654.52 14.59
Retire Village Compl 4 1028050 944513 384.61 5474.00 ND 833.15< 5474.00 384.61
Retire Village Unit 55 188764 170000 NA NA 93.02< 79.07< NA NA
Semi-detached Unsp 8 346312 331000 744.09 303.50 134.42< 96.64< 326.00 1062.31
Sep House & Curt 84 215726 111500 212.43 989.00 44.60< 59.63< 292550.37 0.72
Short Term Hol Accom 2 2660000 2660000 92.86 3769.00 ND 280.00< 3769.00 92.86
Single Strata Unit 8 291062 257500 NA NA 147.14< 111.96< NA NA
Single Strata Unsp 1117 255195 230000 859.61 406.00 102.22< 100.00< 406.00 859.61
Site Improvements 1 110000 110000 115.79 950.00 ND 11000.00< 950.00 115.79
Strata Unit/Flat Uns 1612 271948 243000 NA NA 110.96< 97.98< NA NA
Sub Div (Multi Lot) 5 1062700 1100000 46.17 22852.00 138.52< 93.62< 54181.40 19.61
Terrace House 20 288071 280000 869.39 490.00 101.08< 87.50< 776.38 386.02
Townhouse 1126 268614 245000 NA NA 111.62< 96.08< NA NA
Vac Res A 6415 144214 133000 151.18 678.00 125.47< 100.76< 741.21 190.45
Vac Res B 349 137609 117500 30.00 2500.00 117.50< 97.92< 2634.93 52.23
Vac Res in globo Oth 65 2199855 1045000 45.32 40071.00 266.92< 348.33< 252631.14 8.62
Vac Res/Rural Lstyle 1797 188574 142500 4.06 20463.00 111.76< 105.56< 47305.32 3.99
Villa Unit 1 180000 180000 NA NA 72.00< 69.48< NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
Bowling Club 1 235000 235000 131.80 1783.00 ND ND 1783.00 131.80
IndoorSportEtc Unsp 1 130000 130000 217.39 598.00 21.91< 20.38< 598.00 217.39
OutdoorSportGrndUnsp 1 4095000 4095000 10.79 379382.00 ND ND 379382.00 10.79

Municipality totals
Commercial Total 785 Commercial Total Prices $771,880,993
Extractive Industry Total 2 Extractive Industry Total Prices $735,000
Infrastruc&Utilities Total 51 Infrastruc&Utilities Total Prices $3,376,907
National Parks, etc Total 5 National Parks, etc Total Prices $99,271
Primary Production Total 2,717 Primary Production Total Prices $1,377,952,787
Community Services Total 24 Community Services Total Prices $39,773,500
Industrial Total 491 Industrial Total Prices $272,771,712
Residential Total 39,493 Residential Total Prices $11,526,144,827
Sport/Hrtge/Cultural Total 3 Sport/Hrtge/Cultural Total Prices $4,460,000
All Sales Total 43,571 All Sales Total $13,997,194,997

A Guide to Property Values 2013 Page 37

 Metropolitan and Country Victoria-All

Number of Sales
140,000

120,000

100,000

80,000

60,000

40,000

20,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales

Year Metropolitan Country

1985 97,556 38,823
1986 84,230 34,330
1987 92,626 35,103
1988 116,398 51,634
1989 80,912 46,904
1990 67,825 36,171
1991 68,535 31,441
1992 73,892 34,940
1993 81,287 37,258
1994 87,377 38,821
1995 78,924 34,312
1996 83,814 34,020
1997 109,096 39,033
1998 107,129 40,428
1999 117,861 42,928
2000 111,181 47,510
2001 137,690 59,792
2002 127,470 61,912
2003 123,636 60,987
2004 101,661 53,500
2005 107,194 50,423
2006 109,731 49,222
2007 138,910 53,829
2008 107,260 44,089
2009 130,977 52,000
2010 123,278 50,442
2011 101,038 46,113
2012 92,709 42,357
2013 100,495 43,571

A Guide to Property Values 2013 Page 38

 Metropolitan and Country Victoria-All

Total Value of Sales

80,000,000,000

70,000,000,000

60,000,000,000

50,000,000,000

40,000,000,000

30,000,000,000

20,000,000,000

10,000,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $8,818,911,446 $1,749,862,482
1986 $9,184,849,858 $1,775,435,976
1987 $12,458,222,165 $2,105,684,173
1988 $18,688,456,794 $4,014,759,460
1989 $14,777,367,520 $4,040,069,558
1990 $11,311,720,161 $3,059,222,591
1991 $10,319,210,936 $2,682,746,538
1992 $11,213,241,346 $3,150,618,190
1993 $12,392,243,085 $3,328,640,375
1994 $14,284,659,814 $3,552,802,859
1995 $13,177,546,525 $3,274,136,607
1996 $14,413,989,392 $3,424,699,242
1997 $20,415,463,472 $3,893,211,495
1998 $21,334,960,516 $4,138,963,899
1999 $26,451,621,894 $4,855,323,784
2000 $26,733,400,117 $5,620,730,556
2001 $38,053,389,575 $7,594,804,134
2002 $40,735,317,218 $9,357,111,468
2003 $43,762,802,292 $11,109,556,181
2004 $39,976,526,359 $11,492,098,951
2005 $44,216,837,952 $12,245,121,201
2006 $51,144,401,349 $12,956,577,745
2007 $68,761,685,372 $14,907,342,435
2008 $52,133,224,764 $12,299,346,159
2009 $65,188,406,781 $13,707,955,435
2010 $73,170,149,398 $15,118,140,728
2011 $60,064,690,651 $14,468,297,145
2012 $54,608,498,083 $13,079,425,368
2013 $63,090,925,021 $13,997,194,997

A Guide to Property Values 2013 Page 39

 Metropolitan and Country Victoria-Commercial

Number of Sales
4500

4000

3500

3000

2500

2000

1500

1000

500

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 2,604 1,635

1986 2,098 1,420
1987 2,686 1,548
1988 3,145 1,809
1989 2,216 1,486
1990 1,434 1,005
1991 1,334 803
1992 1,449 939
1993 1,762 1,134
1994 1,959 1,058
1995 2,150 1,148
1996 2,510 1,340
1997 2,873 1,243
1998 4,265 1,339
1999 3,578 1,233
2000 2,768 1,330
2001 3,878 1,654
2002 4,134 1,860
2003 3,495 1,908
2004 3,050 1,779
2005 2,911 1,409
2006 3,547 1,713
2007 3,851 1,527
2008 2,562 1,019
2009 2,533 972
2010 3,188 1,118
2011 2,405 917
2012 1,949 708
2013 1,969 785

A Guide to Property Values 2013 Page 40

 Metropolitan and Country Victoria-Commercial

Total Value of Sales

10,000,000,000

8,000,000,000

6,000,000,000

4,000,000,000

2,000,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $1,224,627,400 $254,098,700
1986 $1,610,077,600 $255,039,700
1987 $2,686,986,074 $324,078,914
1988 $3,580,603,519 $493,046,159
1989 $2,412,236,432 $452,741,891
1990 $1,341,114,563 $237,547,633
1991 $974,908,149 $190,733,996
1992 $1,368,401,057 $254,365,275
1993 $1,339,524,937 $246,809,328
1994 $1,750,518,950 $229,060,570
1995 $1,679,789,789 $264,556,506
1996 $2,050,633,699 $384,092,992
1997 $2,810,135,958 $340,603,383
1998 $2,910,650,777 $360,757,177
1999 $3,293,734,914 $493,886,737
2000 $2,588,373,268 $377,052,661
2001 $4,285,409,741 $484,307,286
2002 $4,928,426,900 $638,712,397
2003 $4,690,705,323 $845,458,710
2004 $4,655,303,309 $985,842,075
2005 $5,182,441,486 $910,297,452
2006 $7,618,624,486 $1,210,825,449
2007 $8,242,527,918 $1,089,255,852
2008 $4,950,654,390 $663,928,451
2009 $5,673,063,809 $744,096,957
2010 $6,875,792,843 $795,027,338
2011 $4,225,616,137 $761,687,378
2012 $4,250,223,159 $563,495,013
2013 $5,038,184,984 $771,880,993

A Guide to Property Values 2013 Page 41

 Metropolitan and Country Victoria-Community Services

Number of Sales
100

80

60

40

20

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 22 9
1986 10 4
1987 27 2
1988 18 5
1989 22 3
1990 19 2
1991 9 3
1992 9
1993 16 2
1994 10 2
1995 9
1996 19 3
1997 11 5
1998 31 8
1999 82 42
2000 53 42
2001 58 35
2002 92 28
2003 56 40
2004 51 34
2005 56 23
2006 57 23
2007 61 31
2008 37 28
2009 53 18
2010 58 46
2011 54 29
2012 58 40
2013 47 24

A Guide to Property Values 2013 Page 42

 Metropolitan and Country Victoria-Community Services

Total Value of Sales

320,000,000

280,000,000

240,000,000

200,000,000

160,000,000

120,000,000

80,000,000

40,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $21,642,300 $5,104,000
1986 $24,684,800 $8,002,100
1987 $49,275,000 $300,000
1988 $15,545,500 $5,346,239
1989 $30,780,604 $1,755,000
1990 $47,685,698 $1,592,000
1991 $7,768,800 $572,000
1992 $24,500,200
1993 $27,797,721 $980,000
1994 $10,193,525 $32,729,800
1995 $48,650,497
1996 $40,281,750 $911,000
1997 $10,801,000 $5,588,996
1998 $59,652,682 $1,373,500
1999 $54,670,989 $9,169,620
2000 $49,371,288 $10,412,171
2001 $80,993,348 $9,422,150
2002 $143,546,209 $5,468,205
2003 $83,850,642 $13,908,000
2004 $87,055,536 $19,900,910
2005 $225,100,896 $56,647,157
2006 $252,468,593 $19,789,765
2007 $215,416,023 $20,751,330
2008 $67,961,366 $300,037,054
2009 $183,578,423 $9,785,499
2010 $163,365,128 $20,158,579
2011 $124,632,606 $36,087,581
2012 $134,208,337 $43,316,910
2013 $152,666,809 $39,773,500

A Guide to Property Values 2013 Page 43

 Metropolitan and Country Victoria-Extractive Industry

Number of Sales
35

30

25

20

15

10

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 4 7
1986 18 3
1987 35 10
1988 11 9
1989 18 10
1990 11 8
1991 8 2
1992 3 10
1993 12 10
1994 7 10
1995 5 6
1996 4 4
1997 11 7
1998 9 7
1999 3 3
2000 1 1
2001 5 12
2002 8 7
2003 4 11
2004 3 7
2005 1 9
2006 1 4
2007 5 6
2008 1 2
2009 1 2
2010 4 1
2011 6 6
2012 2
2013 2

A Guide to Property Values 2013 Page 44

 Metropolitan and Country Victoria-Extractive Industry

Total Value of Sales

80,000,000

70,000,000

60,000,000

50,000,000

40,000,000

30,000,000

20,000,000

10,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $6,207,000 $618,500
1986 $4,442,000 $168,000
1987 $4,889,500 $3,225,000
1988 $6,846,000 $5,219,472
1989 $11,374,200 $12,585,574
1990 $4,170,400 $3,771,575
1991 $18,574,000 $110,000
1992 $3,140,000 $36,418,501
1993 $3,526,500 $6,805,076
1994 $504,300 $1,760,804
1995 $1,027,625 $693,500
1996 $394,500 $476,855
1997 $4,071,000 $1,001,666
1998 $5,867,412 $3,095,629
1999 $10,624,000 $1,348,500
2000 $1,550,000 $296,526
2001 $4,418,000 $3,045,000
2002 $10,552,255 $4,671,000
2003 $3,155,000 $3,258,000
2004 $3,976,000 $3,250,000
2005 $880,000 $5,284,000
2006 $212,000 $2,325,000
2007 $5,776,200 $3,417,986
2008 $8,000,000 $4,452,000
2009 $79,420,000 $710,000
2010 $29,564,000 $1,200,000
2011 $20,230,000 $10,364,000
2012 $377,000
2013 $735,000

A Guide to Property Values 2013 Page 45

 Metropolitan and Country Victoria-Industrial

Number of Sales
2400

2000

1600

1200

800

400

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 1,666 430

1986 1,437 434
1987 1,677 492
1988 2,085 574
1989 1,420 598
1990 837 373
1991 682 272
1992 760 367
1993 996 356
1994 1,051 396
1995 1,117 367
1996 1,070 324
1997 1,337 393
1998 1,468 343
1999 1,971 425
2000 1,857 471
2001 1,781 380
2002 2,056 507
2003 2,006 548
2004 2,050 546
2005 1,815 481
2006 2,047 502
2007 2,062 552
2008 1,517 414
2009 1,578 399
2010 2,281 531
2011 2,320 602
2012 1,921 487
2013 1,946 491

A Guide to Property Values 2013 Page 46

 Metropolitan and Country Victoria-Industrial

Total Value of Sales

2,800,000,000

2,400,000,000

2,000,000,000

1,600,000,000

1,200,000,000

800,000,000

400,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $471,395,800 $42,240,000
1986 $492,577,000 $46,286,700
1987 $820,399,800 $46,197,686
1988 $1,253,433,905 $73,354,187
1989 $891,079,589 $78,266,508
1990 $459,889,205 $56,676,155
1991 $359,070,892 $36,086,035
1992 $333,254,018 $74,819,014
1993 $441,578,701 $51,275,052
1994 $465,157,838 $46,990,397
1995 $560,291,680 $56,519,973
1996 $494,465,981 $55,665,972
1997 $742,177,364 $49,305,408
1998 $747,730,250 $45,447,896
1999 $1,266,227,731 $78,373,782
2000 $1,008,900,240 $64,539,288
2001 $1,135,734,578 $81,375,466
2002 $1,388,033,250 $135,225,361
2003 $1,542,811,643 $128,951,722
2004 $1,737,174,420 $169,779,005
2005 $1,788,969,756 $162,840,619
2006 $2,277,018,272 $251,439,828
2007 $2,534,047,691 $308,662,276
2008 $1,868,797,587 $222,087,050
2009 $1,706,957,408 $202,728,214
2010 $2,751,978,826 $295,718,437
2011 $2,657,158,045 $304,210,295
2012 $2,273,766,446 $294,315,850
2013 $2,375,584,268 $272,771,712

A Guide to Property Values 2013 Page 47

 Metropolitan and Country Victoria-Infrastruc&Utilities

Number of Sales
280

240

200

160

120

80

40

0
1986
1989
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1986 1
1989 3
1991 1
1992 1 1
1993 2 1
1994 2 1
1995 2 2
1996 1 3
1997 11 8
1998 30 16
1999 64 13
2000 180 38
2001 260 52
2002 116 37
2003 150 70
2004 105 81
2005 100 54
2006 157 98
2007 122 132
2008 124 74
2009 136 26
2010 169 60
2011 195 192
2012 157 60
2013 95 51

A Guide to Property Values 2013 Page 48

 Metropolitan and Country Victoria-Infrastruc&Utilities

Total Value of Sales

50,000,000

40,000,000

30,000,000

20,000,000

10,000,000

0
1986
1989
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1986 $7,500
1989 $34,349
1991 $447
1992 $25 $1,000
1993 $100,000 $6,500
1994 $22,250 $7,680
1995 $1,375,000 $11,900
1996 $12,775 $158,652
1997 $412,250 $66,640
1998 $10,687,996 $723,280
1999 $971,935 $1,724,250
2000 $11,094,561 $1,696,931
2001 $17,136,401 $2,291,549
2002 $1,588,810 $1,276,719
2003 $3,336,328 $1,477,530
2004 $930,175 $1,420,776
2005 $8,896,020 $522,088
2006 $1,581,040 $720,500
2007 $1,579,832 $766,971
2008 $8,697,066 $519,223
2009 $6,416,626 $817,093
2010 $48,610,180 $6,506,309
2011 $19,885,250 $32,191,616
2012 $18,133,973 $13,342,440
2013 $12,343,920 $3,376,907

A Guide to Property Values 2013 Page 49

 Metropolitan and Country Victoria-Primary Production

Number of Sales
10000

8000

6000

4000

2000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 26 91
1986 18 112
1987 18 120
1988 1,465 8,112
1989 934 7,025
1990 580 4,787
1991 588 4,194
1992 638 4,795
1993 680 4,615
1994 662 4,815
1995 440 3,506
1996 477 3,405
1997 496 3,544
1998 342 2,923
1999 351 2,856
2000 305 3,683
2001 277 4,066
2002 237 4,132
2003 271 3,731
2004 262 4,261
2005 189 4,193
2006 239 4,727
2007 279 4,386
2008 217 3,945
2009 173 3,460
2010 312 3,661
2011 196 3,706
2012 150 2,937
2013 141 2,717

A Guide to Property Values 2013 Page 50

 Metropolitan and Country Victoria-Primary Production

Total Value of Sales

2,400,000,000

2,000,000,000

1,600,000,000

1,200,000,000

800,000,000

400,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $1,946,700 $3,910,858
1986 $2,849,900 $4,698,411
1987 $4,704,700 $9,323,965
1988 $496,646,494 $993,611,507
1989 $407,654,141 $982,346,384
1990 $214,444,761 $632,754,100
1991 $187,011,663 $552,916,787
1992 $190,802,563 $645,919,055
1993 $195,149,718 $635,372,630
1994 $185,623,369 $681,869,761
1995 $137,066,162 $530,482,129
1996 $162,197,899 $513,989,544
1997 $146,863,870 $541,185,516
1998 $126,458,078 $485,617,767
1999 $145,115,879 $529,166,589
2000 $179,288,026 $772,490,473
2001 $215,724,962 $926,219,555
2002 $181,156,745 $1,156,924,350
2003 $243,240,984 $1,181,117,835
2004 $380,164,148 $1,403,134,041
2005 $254,573,155 $1,876,831,693
2006 $506,211,041 $2,135,915,388
2007 $499,794,657 $2,282,056,548
2008 $363,568,793 $1,929,717,251
2009 $272,692,046 $1,528,344,573
2010 $570,015,003 $1,917,050,372
2011 $330,334,850 $1,882,915,173
2012 $233,762,244 $1,595,187,031
2013 $239,094,886 $1,377,952,787

A Guide to Property Values 2013 Page 51

 Metropolitan and Country Victoria-Residential

Number of Sales
140000

120000

100000

80000

60000

40000

20000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1985 93,234 36,651

1986 80,649 32,356
1987 88,183 32,931
1988 109,674 41,125
1989 76,302 37,779
1990 64,944 29,996
1991 65,914 26,165
1992 71,032 28,828
1993 77,819 31,140
1994 83,686 32,538
1995 75,201 29,282
1996 79,731 28,940
1997 104,351 33,831
1998 100,953 35,780
1999 111,793 38,345
2000 105,998 41,923
2001 131,406 53,577
2002 120,807 55,327
2003 117,635 54,669
2004 96,116 46,777
2005 102,103 44,243
2006 103,668 42,146
2007 132,496 47,187
2008 102,798 38,604
2009 126,495 47,115
2010 117,237 45,013
2011 95,841 40,645
2012 88,457 38,113
2013 96,282 39,493

A Guide to Property Values 2013 Page 52

 Metropolitan and Country Victoria-Residential

Total Value of Sales

70,000,000,000

60,000,000,000

50,000,000,000

40,000,000,000

30,000,000,000

20,000,000,000

10,000,000,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1985 $7,093,092,246 $1,443,890,424
1986 $7,050,218,558 $1,461,233,565
1987 $8,891,967,091 $1,722,558,608
1988 $13,335,381,376 $2,444,181,896
1989 $11,024,242,554 $2,512,339,852
1990 $9,244,415,534 $2,126,881,128
1991 $8,771,877,432 $1,902,007,273
1992 $9,293,143,483 $2,139,095,345
1993 $10,384,565,508 $2,387,391,789
1994 $11,872,639,582 $2,560,283,847
1995 $10,749,345,772 $2,421,669,599
1996 $11,661,552,788 $2,469,254,227
1997 $16,695,357,258 $2,953,819,886
1998 $17,449,538,076 $3,240,296,050
1999 $21,659,441,586 $3,739,084,768
2000 $22,873,652,530 $4,388,834,566
2001 $32,182,481,750 $6,084,756,795
2002 $34,074,078,361 $7,410,310,488
2003 $37,178,918,417 $8,930,073,884
2004 $33,061,749,861 $8,901,895,446
2005 $36,708,376,439 $9,228,025,192
2006 $40,414,885,767 $9,311,237,815
2007 $57,172,014,059 $11,199,172,321
2008 $44,856,545,562 $9,173,945,130
2009 $57,244,507,719 $11,208,026,349
2010 $62,673,952,518 $12,075,477,064
2011 $52,653,880,913 $11,431,420,742
2012 $47,650,298,290 $10,567,112,291
2013 $55,238,818,394 $11,526,144,827

A Guide to Property Values 2013 Page 53

 Metropolitan and Country Victoria-Sport/Hrtge/Cultural

Number of Sales
35

30

25

20

15

10

0
1991

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013
Metropolitan sales Country sales

Number of Sales
Year Metropolitan Country

1991 1
1994 1
1995 1
1996 2 1
1997 6 2
1998 31 12
1999 19 11
2000 19 22
2001 25 16
2002 20 14
2003 19 10
2004 24 15
2005 19 11
2006 15 9
2007 34 8
2008 4 3
2009 8 8
2010 28 9
2011 20 13
2012 15 6
2013 14 3

A Guide to Property Values 2013 Page 54

 Metropolitan and Country Victoria-Sport/Hrtge/Cultural

Total Value of Sales

140,000,000

120,000,000

100,000,000

80,000,000

60,000,000

40,000,000

20,000,000

0
1991
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Metropolitan sales Country sales

Total Price
Year Metropolitan Country
1991 $320,000
1994 $100,000
1995 $203,000
1996 $4,450,000 $150,000
1997 $5,644,772 $1,640,000
1998 $24,375,245 $1,652,600
1999 $20,834,860 $2,569,538
2000 $21,170,204 $5,407,940
2001 $131,490,795 $3,386,333
2002 $7,934,688 $4,522,948
2003 $16,783,955 $5,310,500
2004 $50,172,910 $6,876,698
2005 $47,600,200 $4,673,000
2006 $73,400,150 $24,324,000
2007 $90,528,992 $3,259,151
2008 $9,000,000 $4,660,000
2009 $21,770,750 $13,446,750
2010 $56,847,800 $5,812,729
2011 $32,402,850 $9,337,860
2012 $46,641,174 $1,475,500
2013 $32,526,760 $4,460,000

A Guide to Property Values 2013 Page 55

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
ABBOTSFORD 410500 420000 427000 448000 602500 600000 638500 700000 705500 710000 773000 872500^ 9 88 6.5
ABERFELDIE 530000 485000 534000 600000 735000 710000 775000 1046500 1003000 852500 925000 1045000^ 9 75 5.7
AIREYS INLET 432500 412500 459000 440000 445000 537000 512500 606000 680000 632000 665500 707500^ 5 54 4.4
AIRPORT WEST 300000 315000 311500 320000 381000 420500 455000 570000 555500 495000 530000 545000 7 77 5.9
ALBANVALE 200000 206000 210000 210000 215000 252000 280000 320000 317000 310000 313000 335000 1 56 4.6
ALBERT PARK 655500 685000 681000 777000 990000 1125000 1085000 1180000 1400000 1260000 1350000 1422500 7 106 7.5
ALBION 220000 234500 216000 235000 262000 322500 349000 440000 400000 379500 376500 397000^ -1 71 5.5
ALEXANDRA 160000 172000 200000 197000 210000 210000 220000 230000 255000 240000 257000 217500 7 61 4.9
ALFREDTON 245000 273000 283000 307500 301000 300000 300000 316000 333000 340000 360000 370000 6 47 3.9
ALPHINGTON 497500 541500 552500 687500 740000 804000 832500 1000000 992500 1000000 1113000 1040000^ 11 124 8.4
ALTONA 334000 330000 330000 370000 416000 480000 500000 627000 510000 555000 563000 620000 1 69 5.4
ALTONA MEADOWS 239000 253500 243500 262000 282000 320000 351500 400000 400000 380500 390000 362500 2 63 5.0
ALTONA NORTH 281000 280000 279000 295000 360000 401000 420000 520000 520000 499000 517500 525000 4 84 6.3
ANGLESEA 345000 382500 395000 410000 445000 455000 516500 580000 600500 595000 547500 625000 -8 59 4.7
APOLLO BAY 280000 320000 350000 365000 417500 362500 430000 435000 495000 432500 450000 405000^ 4 61 4.9
ARARAT 100000 129500 149500 146000 154000 145000 159000 175000 166500 165000 179500 202000 9 80 6.0
ARDEER 210000 205000 206000 214500 234000 278500 312000 382500 360000 342500 330000 355000^ -4 57 4.6
ARMADALE 722500 835000 787000 902500 1250000 1415000 1605000 1690000 1550500 1505000 1632000 2022000^ 8 126 8.5
ARMSTRONG CREEK - - - - - - - - - 362500^ 475000 399000^ 31 NA NA
ASCOT (BENDIGO) 247500 264000 278500 262000 270000 272000 281000 330000 322000 350000 349500 426500^ 0 41 3.5
ASCOT VALE 400000 425000 425000 480000 600000 667000 620000 750000 734000 701500 750000 784000 7 88 6.5
ASHBURTON 529000 523500 517500 600000 811500 809000 787500 985000 890000 870000 985500 1050000 13 86 6.4
ASHWOOD 375000 400000 381000 434000 573000 604000 640000 745500 750000 682000 775500 731000^ 14 107 7.5
ASPENDALE 345000 341000 365000 400000 500000 507500 547500 640000 623000 607500 620000 596000 2 80 6.0
ASPENDALE GARDENS 370000 360000 377000 385000 435000 475000 497500 581000 550000 552000 586500 582500 6 59 4.7
ATTWOOD 265000 282500 291000 359500 365000 440000 485000 576000 592000 500000 540000 525500^ 8 104 7.4
AVENEL 140000 180000 198000 190000 207000 185000 212500 268500 221500 230500 232000 NA 1 66 5.2
AVOCA 95000 114000 137000 135000 135000 138500 145000 144000 151000 181500 187000 142500^ 3 97 7.0
AVONDALE HEIGHTS 312000 317500 315000 330500 367500 440000 460000 576000 538000 536000 530000 569000 -1 70 5.4
AVONSLEIGH 215000 250000 270000 280000 287500 327500 309000 321500 385500^ 345000 371000^ 339500^ 7 72 5.6
BACCHUS MARSH 216000 240000 229500 235000 248000 255000 279000 305000 328000 325000 335000 347000 3 55 4.5
BADGER CREEK 190000 205000 206000 217000 238500 238500 268000 295000 295000 295000 315000 260000^ 7 66 5.2
BAIRNSDALE 158500 184500 195000 204000 210000 210000 219000 230000 235000 231000 235000 250000 2 48 4.0
BALACLAVA 475000 466500 495000 540000 683000 782500 750000 916000 793500 717500 865000 892500^ 21 82 6.2
BALLAN 162000 192000 205000 205000 210000 230000 257500 260000 301000 307500 352000 322500^ 14 117 8.1
BALLARAT CENTRAL 195000 200000 227000 227500 235000 240000 252000 280000 317500 315000 321000 340000 2 65 5.1
BALLARAT EAST 162000 178500 177500 176500 190000 195000 206500 225000 245000 255000 262000 255000 3 62 4.9
BALLARAT NORTH 189500 204500 217000 208000 222500 215000 230000 272000 275000 280000 295000 310000 5 56 4.5
BALNARRING 278000 310000 303500 281500 352500 393000 389000 474000 472500 501500 527500 500000^ 5 90 6.6
BALNARRING BEACH 409500 400000 470000 460000 635000 709000^ 710000^ 787500 630000 660000 750000 787500^ 14 83 6.2
BALWYN 700500 651000 748000 845000 1101000 1165000 1278500 1450000 1363000 1300000 1530000 1940000 18 118 8.1
BALWYN NORTH 565000 577000 605000 697000 895000 900000 980000 1134500 1100000 1000000 1237500 1300000 24 119 8.2
BANDIANA - - 108000^ 117000^ 117000* 369500^ 365000 347500^ 367000^ 345500^ 351500 385000^ 2 NA NA
BANNOCKBURN 215000 279500 321000 296000 272000 290500 304000 350000 373500 351500 371500 406500^ 6 73 5.6
BARANDUDA 230000 287000 280000 290000 309000 332500 318000 353000 340000 340000 347500 319500^ 2 51 4.2
BARNAWARTHA 152500 203000^ 220000 185000^ 221000 214000^ 191500 169000^ 220000^ 222000^ 225500 232500^ 2 48 4.0
BARWON HEADS 310000 341000 376000 420000 466000 490000 500000 612000 607500 632500 732500 710000 16 136 9.0
BAXTER 181000 205000 216000 210000 228000 252500 280000 317000 320500 315000 330500 295000^ 5 83 6.2
BAYSWATER 238000 258000 270500 285000 330000 350000 370000 450000 449000 426500 457000 490000 7 92 6.7
BAYSWATER NORTH 246000 261000 274500 285000 330000 350000 371500 448500 433500 426500 470000 480000^ 10 91 6.7
BEACONSFIELD 285000 307500 330000 370000 370000 381000 417500 460000 498500 511500 487000 595000 -5 71 5.5
BEACONSFIELD UPPER 370000 360000 401000 436000 497500 465000 410000 473500 437500 535000 470000 480000^ -12 27 2.4
BEAUFORT 101000 137000 115000 126000 151500 155000 174000 174500 142500 186000 187500 196500^ 1 85 6.4
BEAUMARIS 620000 635000 666500 750000 890000 945000 918500 1109000 1050000 980000 1075000 936000 10 73 5.7
BEECHWORTH 177000 205000 231000 260000 315000 270000 250000 310500 320000 307500 295000 299000^ -4 67 5.2
BELGRAVE 230000 245000 265000 285000 311000 339500 371000 380500 375000 390000 410000 420000 5 78 6.0
BELGRAVE HEIGHTS 248000 279000 290000 327000 335000 407000 365000 425000 382000 399000 430000 435000^ 8 74 5.7
BELGRAVE SOUTH 330500 350000 276500 372000 380000 373000 395000 490000 475000 447500 536500 612500^ 20 62 5.0
BELL PARK 182000 206000 222500 226000 225000 237000 257500 298000 312500 290500 314000 322000 8 72 5.6
BELL POST HILL 190000 230000 230000 230000 250000 246000 275000 310000 320000 328000 328500 330000 0 73 5.6
BELLFIELD (GREATER MELBOURNE)
277500 274500 305000 305000 373500 408000 459500 574000 550500 510000 516000 617000^ 1 86 6.4
BELMONT 215000 233000 240000 245000 260000 265000 290000 338000 345000 350000 360000 389500 3 67 5.3
BENALLA 154500 177000 187500 211000 205000 214500 210000 220000 225000 218000 228000 237500 5 47 4.0
BENDIGO 180000 207500 200000 229500 255000 233500 236500 297500 289000 335000 339000 390000 1 88 6.5
BENTLEIGH 448000 459000 502000 535000 720000 714000 742500 905000 875000 820000 906000 971000 10 102 7.3

A Guide to Property Values 2013 Page 56

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
BENTLEIGH EAST 385500 386000 401500 445000 565000 595000 630500 760000 720000 680000 751500 785000 11 95 6.9
BERWICK 265000 280000 293000 311000 335000 352500 383000 450000 440000 450000 452500 472000 1 71 5.5
BEVERIDGE 127500 ^ 594000^ 205000^ 259000^ 341500^ 650000^ 555000^ 522500^ 416500^ 412500 395500 456500^ -4 210 12.0
BIRCHIP 41000 ^ 43500 65000 75000^ 50000 80000^ 62000 67500 77000 87500 120000 65000^ 37 193 11.3
BIRREGURRA 156500 160000^ 172000 181000 209000 248000 245000 230000^ 260000 274000^ 255000 228000^ -7 63 5.0
BITTERN 220000 250500 250000 275000 316500 320000 311500 349500 365000 395000 402000 338000^ 2 83 6.2
BLACK HILL 196000 215000 229000 210000 204000 216000 243500 263500 292000 260000 283500 322500^ 9 45 3.8
BLACK ROCK 700000 750000 790000 900000 1030000 1055000 1236500 1370000 1247500 1182500 1220000 1110000^ 3 74 5.7
BLACKBURN 416000 420000 422500 453000 626500 605000 700000 850000 770500 750000 855000 810000 14 106 7.5
BLACKBURN NORTH 327000 350000 363000 385000 490000 499000 538500 650000 617000 610000 692000 651000^ 13 112 7.8
BLACKBURN SOUTH 339000 361000 380000 401000 495000 510000 545000 670000 639000 632000 700000 700000 11 106 7.5
BLACKWOOD 184000 ^ 178000 215000 172000 195000 230000 265000 260000 263000 245000 310000 285000^ 27 68 5.4
BLAIRGOWRIE 330000 348500 350000 395000 440000 464000 520000 625000 600000 580000 608000 630000 5 84 6.3
BLIND BIGHT 215000 223000 235000 235000 257000 270000 321000 337500 358000 319000 362500 375000^ 14 69 5.4
BONBEACH 290000 358500 365500 416500 442500 491000 505000 585000 552500 540000 580000 620000^ 7 100 7.2
BONNIE DOON 135000 120000 185000 160000^ 185000^ 150000^ 190000 210000 211500 260000 250000 430000^ -4 85 6.4
BOOLARRA 113000 128000 160000 149500 160000 145000 165000 178000 209000 190000 196500 300000^ 3 74 5.7
BOORT 71000 94000 110000 126000 122500 102500 106000^ 157500 164000^ 107000 157500 152500^ 47 122 8.3
BORONIA 240000 259000 270000 283500 323000 341000 380000 450000 437000 430000 453000 484000 5 89 6.6
BOTANIC RIDGE - - - 367000^ 502500 305000 472500 520000 475000 500000 491500 477500^ -2 NA NA
BOX HILL 443000 461500 487000 573000 647000 730000 780000 874000 920000 840000 870000 910000^ 4 96 7.0
BOX HILL NORTH 380500 383500 396000 417500 542500 567000 602500 726000 680500 648500 745500 800000^ 15 96 7.0
BOX HILL SOUTH 390000 390000 401000 445000 575000 584000 601000 817000 765000 715500 785000 985000^ 10 101 7.2
BRAYBROOK 215000 230000 220000 226000 283000 341000 373000 447500 439000 396000 424000 394500^ 7 97 7.0
BREAKWATER 164500 178000 194000 179500 199000 210000 227000 251500 252500 242500 255000 242500^ 5 55 4.5
BRIAR HILL 330000 332000 341000 363500 382000 410000 450000 575000 545500 541500 578000 605000^ 7 75 5.8
BRIGHT 218000 249500 265500 250000 277000 240000 300000 311500 325000 325000 313500 287500 -4 44 3.7
BRIGHTON 882500 1090000 1100000 1242500 1600000 1550000 1685000 1800000 1710000 1795000 1800000 1505000 0 104 7.4
BRIGHTON EAST 649000 660000 712000 767500 960000 980000 1070000 1255000 1100000 1073000 1225000 1498500 14 89 6.6
BROADFORD 161000 175000 192000 200000 216000 225000 224000 250000 259500 271000 289000 225000^ 7 79 6.0
BROADMEADOWS 196000 205000 205000 207500 225000 270000 320000 390000 357000 320000 325000 330000 2 66 5.2
BROOKFIELD 222000 260000 269500 260000 265000 278000 308000 333500 341000 334000 330000 334500 -1 49 4.0
BROOKLYN 263500 280000 265000 270000 319500 400000 400000 480000 485000 470000 490000 490000^ 4 86 6.4
BROWN HILL 167000 192000 190000 228000 198500 215000 235000 257500 258500 300000 309000 330000 3 85 6.3
BRUNSWICK 373000 389000 395000 425000 525000 540000 605000 695000 640000 670000 740500 770000 11 99 7.1
BRUNSWICK EAST 377500 400000 385000 420000 510000 565000 630000 693000 700000 710500 766000 750000^ 8 103 7.3
BRUNSWICK WEST 395000 386000 394500 416000 558000 547500 600000 717500 695000 685000 730000 490000^ 7 85 6.3
BRUTHEN 95000 120000 155000 158500 180000 153500^ 187500 226000^ 204000 175000 198000^ 155000^ 13 108 7.6
BULLEEN 410000 403000 410000 475500 595000 640000 640000 726000 720000 707000 779500 768500^ 10 90 6.6
BUNDALONG 216000 222500 254000 263500 335000 305000^ 430000 350000 500000 360000 337500 368500^ -6 56 4.6
BUNDOORA 270000 285000 295000 320000 360000 384000 412000 500000 489000 475000 505000 490000 6 87 6.5
BUNINYONG 213500 220000 249000 256500 238500 260000 270000 322500 307500 375000 349000 345000^ -7 64 5.0
BUNYIP 259000 270000 232500 265000 295000 294500 312500 287500 345000 347500 326500 342500^ -6 26 2.3
BURNLEY 462000 504500 471500 467500 592500 551000 757500 800000 810000 800000 836000^ 1015000^ 5 81 6.1
BURNSIDE 248000 270000 274000 280000 285000 310000 345000 395000 410000 385000 390000 450000^ 1 57 4.6
BURNSIDE HEIGHTS 156000 ^ 280500 308000 285000 305000 320000 350000 405000 405000 418500 427500 427500 2 174 10.6
BURWOOD 420000 416000 447500 480000 610000 652000 658000 778000 789000 762500 780000 831500^ 2 86 6.4
BURWOOD EAST 360000 357500 370000 391000 500000 510500 570000 678000 630000 617000 685000 780000 11 90 6.6
CAIRNLEA 294000 323000 330000 335000 327000 360000 390000 463000 478500 440000 484000 547500 10 65 5.1
CALIFORNIA GULLY 150000 168000 175000 178000 177500 196000 209000 209000 240000 255000 255000 250000 0 70 5.4
CAMBERWELL 680000 686000 732000 850000 1036500 1010000 1151000 1324000 1316000 1300000 1400000 1525000 8 106 7.5
CAMPBELLFIELD 225000 235000 248500 246000 264000 286000 320000 382500 360000 330000 330000 350000 0 47 3.9
CAMPBELLS CREEK 169000 190000 205000 230000 240000 265000 247500 316000 334000 343500 379000 345000^ 10 124 8.4
CAMPERDOWN 115000 138500 165000 165000 190000 180500 176000 185000 180000 183500 220000 180000^ 20 91 6.7
CANADIAN 171000 182500 238000 197000 233500 254000 253000 291500 298000 290000 322500 260000^ 11 89 6.5
CANNONS CREEK 200000 204000^ 245000 264000 228500 231000 270000 281000 290000 275000^ 340000 250000^ 24 70 5.4
CANTERBURY 930000 894000 1006000 1200000 1575000 1605000 1675000 1832000 1730000 1790000 1950000 1769000 9 110 7.7
CAPE PATERSON 238000 240000 266500 277000 270000 305000 312000 332500 420000 348000 337000 297500^ -3 42 3.5
CAPE SCHANCK 290000 320000 362500 595000 401000 380000 520000 545000 477500^ 655000 560000 577500^ -15 93 6.8
CAPE WOOLAMAI 194000 205000 220000 250500 246500 272000 280000 340000 356000 345000 339500 389000 -2 75 5.8
CARDIGAN VILLAGE 145000 107500^ 175000^ 206000^ 179500^ 304000^ 212000^ 328500^ 280000^ 362000^ 312500 NA -14 116 8.0
CARISBROOK 123500 140000 158500 160000 137500 167500 155000 205500 134500^ 192500 218500 268000^ 14 77 5.9
CARLTON 517500 456000 455000 493000 785000 740000 631500 895000 1020000 860500 1002500 1000000^ 17 94 6.8
CARLTON NORTH 515000 551000 536000 597000 735000 714500 785000 930500 830500 940000 891000 922500^ -5 73 5.6
CARNEGIE 450000 490000 493000 575000 723000 717500 776000 870000 900000 845000 862500 821500^ 2 92 6.7

A Guide to Property Values 2013 Page 57

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
CAROLINE SPRINGS 267000 285000 285000 295000 310000 325000 364000 408000 420000 426000 435000 457000 2 63 5.0
CARRUM 287500 290000 305000 320500 380000 450000 435000 500000 497000 489500 512000 442500^ 5 78 5.9
CARRUM DOWNS 210000 225000 230000 241000 257000 275000 297000 330000 345000 334500 330000 339000 -1 57 4.6
CASTERTON 80000 91500 90000 125500 95000 116500 101500 117500 106500 110000 97500 76000^ -11 22 2.0
CASTLEMAINE 185500 210000 220000 225000 220000 247000 255000 300000 322500 338000 372500 345000 10 101 7.2
CAULFIELD 625000 645000 640000 720000 910000 912500 926000 1180000 1150000 1067500 1180000 952500^ 11 89 6.6
CAULFIELD EAST 512000 535000 490000 502500 710000 727500 818000 862500 760000^ 750000 845000 780000^ 13 65 5.1
CAULFIELD NORTH 674500 691000 780000 917500 1125000 1160000 1180000 1400000 1300000 1325000 1400000 1285500^ 6 108 7.6
CAULFIELD SOUTH 559000 549000 575000 642500 850000 821000 850000 1004000 903500 890000 1050000 1403000^ 18 88 6.5
CHADSTONE 335500 335000 357500 405000 494000 549000 570000 659000 626000 595000 719000 743000^ 21 114 7.9
CHARLTON 73000 85000 114000 91500 100000 129000 85000 125000 117000 123000 120000 165000^ -2 64 5.1
CHELSEA 306000 320000 332000 355000 415000 431500 470000 585000 525000 545000 565000 610000^ 4 85 6.3
CHELSEA HEIGHTS 278000 299500 307000 305500 357500 385000 405500 445000 454000 440000 465000 470000^ 6 67 5.3
CHELTENHAM 381500 378000 385000 437000 508000 585000 579000 685000 630000 620000 665000 785000 7 74 5.7
CHELTENHAM EAST 368500 361000 349500 399000 468000 485500 508500 625000 599500 540000 600000 658500^ 11 63 5.0
CHELTENHAM NORTH 348000 344000 350000 375000 490500 530000 550000 666000 580000 599000 590000 634000^ -2 70 5.4
CHEWTON 167500 173000 205000 177000 222000 175000 231000 243000 255000 270500 312500 241000^ 16 87 6.4
CHILTERN 126500 149500 180000 195000 177500 180000 229000 189000 202000 208000 171500 185000^ -18 36 3.1
CHIRNSIDE PARK 280000 293500 310000 330000 355000 376500 406500 449500 464000 435500 461000 458500 6 65 5.1
CHUM CREEK 237500 340000 225000 287500 338500 360000 305000 400500 402000^ 334000 350000^ 330000^ 5 47 4.0
CHURCHILL 90000 119500 115000 125000 129500 135000 151000 170000 168500 169500 180000 175000 6 100 7.2
CLARINDA 290000 310000 320000 330000 395500 448500 476000 530000 530000 475500 525000 580500^ 10 81 6.1
CLAYTON 311000 315500 331000 360000 437000 506500 555000 650000 600000 623000 640000 615000^ 3 106 7.5
CLAYTON NORTH 350000 371000 388500 402500 541000 630500 600000 760000 684000 755500 740000 NA -2 111 7.8
CLAYTON SOUTH 267500 282500 298500 315000 407500 452500 443500 525000 495000 475500 522500 546000 10 95 6.9
CLIFTON HILL 480000 480000 492500 532500 697500 670000 720000 825000 780000 801500 848000 872500 6 77 5.9
CLIFTON SPRINGS 220000 237000 247000 250000 259000 265000 278000 318000 340000 325000 337500 326500 4 53 4.4
CLUNES 115000 135000 154000 135500 162500 170000 165000 187500 199000 195000 218000 249500^ 12 90 6.6
CLYDE 340000 ^ 390000^ 360000 425000^ 285000^ 340000^ 385000^ 361500^ 515000^ 272500^ 357500 505000^ 31 5 0.5
CLYDE NORTH 380000 ^ 400000^ 400000* 540000^ 540000* 205000^ 415500^ 415500* 320000 395000 394500 490000 0 4 0.4
COBDEN 120000 130500 152000 183000 172500 180000 180000 196500 200000 186500 162500 130000^ -13 35 3.1
COBRAM 150000 173000 187500 207000 226000 225000 224000 215000 205000 220000 218000 244000 -1 45 3.8
COBURG 350000 364000 360500 377500 467000 508500 530000 638000 600000 594000 632500 682500 7 81 6.1
COBURG NORTH 294000 285000 280000 305000 360000 415500 450000 514000 505500 460000 515000 551500^ 12 75 5.8
COCKATOO 190000 212000 230000 251000 265000 286500 291000 312000 325000 332000 353500 400000 6 86 6.4
COHUNA 90000 124500 135000 145000 142500 149000 161500 145000 170000 140000 142500 175000^ 2 58 4.7
COLAC 152000 182000 180000 190000 202000 195500 205000 214000 215000 225000 226500 234000 1 49 4.1
COLDSTREAM 220000 242500 250000 265000 290000 312000 338500 392500 377500 368000 385000 387500^ 5 75 5.8
COLERAINE 60000 70000 107500 93500 126000 112500 120000 95000 124000 109500 117000 88000^ 7 95 6.9
COLLINGWOOD 353500 407500 419000 435000 570000 540000 600500 751000 690000 732000 750000 708000^ 2 112 7.8
COOLAROO 175000 195000 195000 200000 200000 220000 265000 315000 304000 278000 290000 274500^ 4 66 5.2
CORINELLA 210000 192000 230000 250000 210000 272500 277000 325000 250000 290000 365000 345000^ 26 74 5.7
CORIO 140000 157000 165000 170000 175000 178000 196500 225000 225000 230000 230000 250000 0 64 5.1
CORONET BAY 169000 160000 175000 177500 180500 217500 205000 244000 261500 222500 251000 280000 13 49 4.0
CORRYONG 92500 108000 110000 149000 127000 147500 142500 128000 155000 155000 165000 117500^ 6 78 6.0
COWES 225000 239500 255500 275000 285000 310000 310000 335000 354500 352000 345000 348000 -2 53 4.4
CRAIGIEBURN 220000 239000 240000 249000 265000 280000 327000 365000 360000 349500 360000 350000 3 64 5.0
CRANBOURNE 176000 195000 208500 220000 242000 265000 281500 326500 325000 313000 315000 327500 1 79 6.0
CRANBOURNE EAST 225000 240000 260000 270000 277000 292500 331000 353000 370000 370000 391000 409000 6 74 5.7
CRANBOURNE NORTH 193000 212000 220000 225000 237000 265000 310000 350000 355000 355500 360000 356500 1 87 6.4
CRANBOURNE WEST 192000 210000 216000 225000 239000 256000 282000 310000 319000 320000 327000 357500 2 70 5.5
CREMORNE 403000 430000 442000 440000 586000 605500 682000 835000 732500 701000 810500 848000^ 16 101 7.2
CRESWICK 150000 171000 185000 183500 194000 205000 198000 214000 223000 244500 246000 285000 1 64 5.1
CRIB POINT 190000 205000 221000 226000 240000 259000 279000 345000 320000 345000 360000 332000 4 89 6.6
CROYDON 260000 270000 285000 294000 352500 368000 396500 465000 465000 450000 470000 485000 4 81 6.1
CROYDON HILLS 315000 340500 347500 365000 420000 447000 475500 549500 532000 538000 571500 545000^ 6 81 6.1
CROYDON NORTH 286500 338000 340500 348000 395000 429000 467000 525000 505500 520000 541500 530000 4 89 6.6
CROYDON SOUTH 255500 270000 284500 280000 317000 360000 391000 455000 435500 436500 441000 442000^ 1 73 5.6
DALLAS 176000 191000 195000 191500 209000 230000 290000 320000 306000 276500 280000 300000 1 59 4.7
DALYSTON 140000 141500 165000 172500^ 200000 230000 200000^ 271000 281500 220000 250000 277500^ 14 79 6.0
DANDENONG 211000 225000 235000 255000 290000 335000 345000 427500 395000 400000 405000 409000 1 92 6.7
DANDENONG NORTH 220000 235000 235500 250000 275000 310000 340000 400000 395000 370000 390000 407000 5 77 5.9
DARLEY 217000 227500 243000 234000 255500 237500 258500 329500 322000 340500 333000 340000 -2 53 4.4
DAYLESFORD 230000 250000 256000 277000 250000 270000 287500 370000 351500 385000 381500 410500 -1 66 5.2
DEEPDENE 785000 860500 940000 1060000 1435000 1287500 1780000 1930000 2046500 1875000 1981000 1552500^ 6 152 9.7

A Guide to Property Values 2013 Page 58

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
DEER PARK 195000 210000 220000 215000 231000 265000 306500 355000 356000 345000 348000 350500 1 78 6.0
DELACOMBE 205000 218000 220000 234500 246500 239500 265000 279000 287500 300000 289500 279000 -4 41 3.5
DELAHEY 230000 240000 245000 240000 264500 280000 310000 365000 370000 360000 372500 372500^ 3 62 4.9
DENNINGTON 191500 220000 229000 260000 285000 305000 280000 329000 347500 323500 320000 370000^ -1 67 5.3
DERRIMUT 140000 300000 295000 361500 330000 330000 372500 392500 419000 407000 420000 430000 3 200 11.6
DIAMOND CREEK 322500 331500 340000 345000 401000 420000 441000 510000 517500 490000 510000 552500 4 58 4.7
DIGGERS REST 195000 190000 205000 210000 200000 225000 240000 266500 285000 279000 282500 306500^ 1 45 3.8
DIMBOOLA 66000 72500 96000 85000 85000 85000 95000 85500 105000 90000 89000 125000^ -1 35 3.1
DINGLEY VILLAGE 330000 338500 345000 366000 415000 435000 470000 553000 540000 515000 555000 592500 8 68 5.3
DINNER PLAIN 320500 375000 307500 290000 322500 541000 455000 475000^ 450000 410000 390000 374500^ -5 22 2.0
DONALD 71500 72500 96500 130000 88500 100000 95000 135000 165000 104000 141000 103000^ 36 97 7.0
DONCASTER 408000 426000 425000 475000 590000 616000 685000 788000 765000 720000 850000 889000 18 108 7.6
DONCASTER EAST 405000 410000 416000 454000 549000 570000 629000 750000 720000 685000 790000 855000 15 95 6.9
DONVALE 438500 461000 465000 490000 585000 660000 625000 710000 712500 682000 741000 795000^ 9 69 5.4
DOREEN 168000 238000 293500 357500 380000 370500 375000 430000 460000 450000 415000 391000 -8 147 9.5
DOVETON 163000 175000 180000 175500 210500 240000 270000 330000 322000 290000 300000 313500 3 84 6.3
DROMANA 265000 290000 284000 310000 343500 373500 385000 446500 457000 451000 465500 452500 3 76 5.8
DROUIN 180000 205000 205000 215000 219000 230000 245000 274500 289500 290000 304000 295500 5 69 5.4
DRUMCONDRA 427000 ^ 435500^ 625000^ 420000^ 554000^ 486000^ 514000^ 715500 800000^ 744000 722500 772500^ -3 69 5.4
DRYSDALE 220000 250000 270000 276500 290000 282500 313500 356000 403000 360000 390000 360000^ 8 77 5.9
DUNOLLY 76000 100000 115000 122500 136000 142500 135000 120000 142500 159000 182500 107000^ 15 140 9.2
EAGLE POINT 175000 188000 216500 220500 313500 250000 257000 236000 301500 233500 229000 350000^ -2 31 2.7
EAGLEHAWK 157000 167500 186500 195000 191000 196000 215000 225000 240000 260000 265000 283500 2 69 5.4
EAGLEMONT 732500 687500 797500 850000 916500 1198000 1453500 1365000 1500000 1343500 1352500 1437500^ 1 85 6.3
EAST BAIRNSDALE 125500 167000 160000 186500 165000 175500 195000 195000 176500 190000 208000 133000^ 9 66 5.2
EAST BENDIGO 190000 198500 215000 236500 235000 219500 226500 254000 266000 295000 285000 281000^ -3 50 4.1
EAST GEELONG 245000 255000 250000 261000 320000 318000 334000 400000 405000 395000 450000 394000^ 14 84 6.3
EAST MELBOURNE 912500 900000 1366000 1150000 1525000 1575000 1680000 1700000 1660000 2540000 2505000 NA -1 175 10.6
EAST WARBURTON 181000 196000 190000 201500 260000 256000 250000 285000 330000 282500 281000 215000^ -1 55 4.5
EASTWOOD 250000 278000 299000 296000 295000 320000 310000 332500 335000 332000 335000 347000 1 34 3.0
ECHUCA 204000 226000 240000 253000 260000 260000 260000 262000 285000 271000 285000 267500 5 40 3.4
EDENHOPE 62000 87500 126500 120000 140000 167500^ 85000 132500 100000^ 106000 160000 NA 51 158 9.9
EDITHVALE 345000 335000 350000 390000 465000 483500 485000 612500 590000 622500 615000 685000^ -1 78 6.0
EILDON 120000 148500 140000 150000 148500 155000 177000 190000 180000 185000 210000 170000^ 14 75 5.8
ELLIMINYT 172000 196500 190000 218000 240500 286000 267500 335000 260000 324000 330000 181000^ 2 92 6.7
ELMORE 76500 95000 140000 112500 136500 122500 166000 173000 188000 160000 150000 NA -6 96 7.0
ELSTERNWICK 650000 605000 676500 758500 970000 866000 985000 1240000 1200000 1155000 1365000 1175000^ 18 110 7.7
ELTHAM 384500 379500 400000 431000 475000 515000 526000 610000 630000 592000 631000 604000 7 64 5.1
ELTHAM NORTH 370000 407500 402000 400000 477500 506500 499500 621000 627000 580500 621000 580000^ 7 68 5.3
ELWOOD 637500 695500 752500 795000 1007500 1055000 1108000 1328000 1150000 1255000 1323500 1143000^ 5 108 7.6
EMERALD 263000 291000 321500 310000 336500 356500 376000 433500 414000 410500 440000 416500^ 7 67 5.3
ENDEAVOUR HILLS 230000 250000 260000 268000 295000 326000 355000 400000 400000 390000 400000 425000 3 74 5.7
EPPING 240000 251500 260000 260000 285000 305000 342500 380000 385000 365000 365000 410000 0 52 4.3
EPSOM 197000 192000 245500 258000 260000 250000 259500 275000 325000 315000 322500 347000 2 64 5.1
ESSENDON 520000 537500 510000 540000 712000 749000 780000 925000 885000 920000 862500 865000 -6 66 5.2
ESSENDON NORTH 365000 411000 418000 410000 469000 590000 651000 815500 720000 686000 725000 490000^ 6 99 7.1
ESSENDON WEST 390000 385500 434500 409000 520000 625000 680000 730000 742500 720000 720000 815000^ 0 85 6.3
EUMEMMERRING 185000 212500 209000 238500 230000 290000 320000 376000 350500 327500 345500 310000^ 5 87 6.4
EUREKA 167500 183000 207000 195500 197500^ 201500 241000 245000 257500 237000 257000^ NA 8 53 4.4
EUROA 135000 145000 167500 158000 172000 185000 180000 167000 185000 215000 198000 219000 -8 47 3.9
EYNESBURY - - 180000^ 180000* 191000^ 248000^ 525000^ 295000 360000 400000 390500 423000^ -2 NA NA
FAIRFIELD 432000 473000 460000 518500 680000 660000 677500 810000 783500 803000 900000 275000^ 12 108 7.6
FAIRHAVEN 460000 492500 490000 635000 635000 755000 737500 866000 715000 990000^ 781500 560000^ -21 70 5.4
FAWKNER 250500 262500 261000 258000 300500 344000 381500 460000 439000 408000 409000 443000 0 63 5.0
FERNTREE GULLY 251500 258500 272000 290000 318000 348000 379500 449000 430000 429500 450000 490500 5 79 6.0
FERNY CREEK 321500 360000 389500 340000 409000 441000 480000 580000 525000 456000 497500 395000^ 9 55 4.5
FINGAL 375000 337500 485000 480000 628500 550000 537500^ 515000^ 700000 600000^ 677500 532500^ 13 81 6.1
FITZROY 467500 507500 510000 600000 706500 744000 780000 801000 925000 900000 945000 940000^ 5 102 7.3
FITZROY NORTH 465000 481000 490000 555500 685000 720000 740000 900000 850000 852500 978000 866000 15 110 7.7
FLEMINGTON 380000 367500 386000 401000 512500 556000 580500 670000 657000 652000 730000 710000 12 92 6.7
FLINDERS 460000 525000 590000 713000 660000 685000 660000 760000 822000 710000 730000 697500^ 3 59 4.7
FLORA HILL 184000 201000 220000 225500 232000 234500 225000 267000 285000 309000 310000 320000 0 68 5.4
FOOTSCRAY 303000 310000 315000 340000 410000 440000 505000 555000 550000 565000 595000 550000^ 5 97 7.0
FOREST HILL 324500 320000 350000 360000 475000 465000 503000 615000 560000 564000 647000 690000^ 15 99 7.1
FOSTER 150000 180000 200000 238000 215000 245000 229500 265000 265000 269500 298000 330000^ 11 99 7.1

A Guide to Property Values 2013 Page 59

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
FRANKSTON 215000 230000 238000 246000 280000 303000 315000 366000 357500 339000 350000 355000 3 63 5.0
FRANKSTON NORTH 151000 169000 169000 175500 210000 227000 237000 280000 277000 245000 255000 265000 4 69 5.4
FRANKSTON SOUTH 320000 323500 345000 360000 395000 428000 455000 525000 530000 510000 535000 555000 5 67 5.3
GARDEN CITY 550000 552500 565000 622500 880000 922000 865000 1080000 1065000 975000^ 1147500 NA 18 109 7.6
GARDENVALE 595000 ^ 534500^ 685000 619000 875000 860000 825000 1200000^ 1116000 956000 1150000^ NA 20 93 6.8
GARFIELD 210000 222500 237500 236500 237500 270000 262000 342500 340000 335000 405000 342000^ 21 93 6.8
GEELONG 288000 311000 334000 319000 352000 360000 382000 462500 495500 462500 490000 495000^ 6 70 5.5
GEELONG WEST 250000 249000 256500 264000 298000 322500 345000 385000 405500 410000 440000 467500 7 76 5.8
GEMBROOK 244000 210000 260000 253000 280000 285000 302500 352500 385000 351000 341000 250000^ -3 40 3.4
GISBORNE 249000 282000 277000 284500 317500 338500 367500 400000 435000 430000 496000 535000 15 99 7.1
GLADSTONE PARK 250000 262000 265000 271000 285000 324500 354000 426500 385000 380000 391500 373000 3 56 4.6
GLEN HUNTLY 474500 490000 500500 476500 827000 740000 835500 917500 805000 792500 977500 1210000^ 23 106 7.5
GLEN IRIS 650000 650000 702000 790000 969500 1000000 1007000 1320000 1191500 1200000 1310000 1179000 9 102 7.3
GLEN WAVERLEY 392500 406500 425000 452000 585500 607000 672000 748000 729000 730000 820000 815000 12 109 7.6
GLENGARRY 165000 175000 205000 224000 216500 231500 230000 250000^ 231000^ 233500 232500 NA 0 41 3.5
GLENROWAN 170000 181500 250000 232500 263000 257000 245500 285000 290000 246000 237500 NA -4 40 3.4
GLENROY 265000 277000 275000 280000 319000 375000 420000 505500 452500 439000 450000 450000 3 70 5.4
GOLDEN BEACH 109000 128000 120000 158000 150000 172000 155000 150000 225000 206000 170000 165000^ -17 56 4.5
GOLDEN POINT (BALLARAT) 170000 169000 181000 187500 198000 197000 210000 250000 258000 250000 265000 218000 6 56 4.5
GOLDEN SQUARE 169000 195000 200000 202500 215000 212000 224000 264000 270000 287000 292500 295000 2 73 5.6
GOORNONG 110000 ^ 126500 166500^ 157000^ 155000^ 202000^ 240500^ 151500^ 205000^ 173000^ 255000 NA 47 132 8.8
GORDON 180000 185000 199000 190000^ 239000 266500 262500 290000^ 305000 229500^ 278000 350000^ 21 54 4.4
GOROKE 25000 ^ 35000^ 65000^ 66000^ 72000^ 50000^ 79000^ 44500^ 76000^ 62500 80000^ NA 28 220 12.3
GOUGHS BAY 150000 155000 160500 185000 174000 178000 183000 193000 184000 220000 265000 NA 20 77 5.9
GOWANBRAE 284000 340000 300500 360000 360000 414500 450000 535000 555500 467500 616500 542000^ 32 117 8.1
GRANTVILLE 174000 230000 226000^ 183500 203000 210000 218000 254000 235000 245000 220000 280000^ -10 26 2.4
GREENSBOROUGH 306500 315000 334500 357000 391500 405000 440000 530000 513500 490000 534000 545000 9 74 5.7
GREENVALE 391000 390000 420000 410000 413500 435500 480000 520000 542500 537000 550000 540000 2 41 3.5
GROVEDALE 215000 240000 252500 253000 267500 287000 292000 335000 345000 340000 352000 340000 4 64 5.1
HADFIELD 265500 280000 281500 283000 325000 375500 418500 530000 482000 430000 461500 485000^ 7 74 5.7
HALLAM 215000 232500 238000 243000 265000 309000 329000 365000 360000 360000 364000 372000 1 69 5.4
HALLS GAP 244000 260000 240000 261000 233000 280000^ 240000 257500 255000 233500 184500 NA -21 -24 -2.8
HAMILTON 150000 174500 192500 195000 200000 210000 190000 209500 217500 191500 190000 186000 -1 27 2.4
HAMLYN HEIGHTS 215500 235000 236000 228500 240000 272500 295000 345000 348500 339000 363500 351000 7 69 5.4
HAMPTON 657000 705000 676500 845000 1080000 1060000 1100000 1268000 1250000 1200000 1260000 1315000^ 5 92 6.7
HAMPTON EAST 401500 401500 443500 485000 650000 639000 654500 812500 745000 732500 770000 790000^ 5 92 6.7
HAMPTON PARK 199000 206500 220000 221000 249000 270000 295000 333000 335000 320000 330000 325000 3 66 5.2
HASTINGS 185000 212500 215000 210500 256500 275000 285000 345000 340000 340000 335000 374000 -1 81 6.1
HAWTHORN 670500 690000 714000 840000 1105000 1295000 1160000 1275000 1300000 1407500 1575000 1063000 12 135 8.9
HAWTHORN EAST 625000 730000 673500 837500 1100000 1007500 1122000 1392500 1190000 1300000 1420500 1440000^ 9 127 8.6
HEALESVILLE 211000 235000 255000 257500 310000 325000 315000 355000 380000 380000 385000 400000 1 82 6.2
HEATHCOTE 130000 158500 170000 175000 155000 152500 190000 217000 210000 221000 227500 218500^ 3 75 5.8
HEATHERTON 442500 450000 472500 456500 497000 575000 565500 631500 632000 618000 630000 712000^ 2 42 3.6
HEATHMONT 285500 290000 315500 332500 373500 417000 435000 538000 508000 525000 585000 610000 11 105 7.4
HEIDELBERG 411000 400000 453500 485000 600000 632500 682000 820000 767500 750000 780000 713500^ 4 90 6.6
HEIDELBERG HEIGHTS 317000 315000 324500 330000 385500 400000 460500 560000 537500 500000 536500 460000^ 7 69 5.4
HEIDELBERG WEST 238500 246500 255000 260000 325000 331500 372000 477500 420000 400000 424500 444500^ 6 78 5.9
HEPBURN SPRINGS 285000 252500 260000 255000 264000 272000 343500 298500 308000 310000 340000 350000^ 10 19 1.8
HERNE HILL 188000 220000 225000 222500 238500 250000 280000 322000 325000 321000 350000 334000 9 86 6.4
HEYFIELD 67500 94000 100500 133000 126000 144000 157500 155000 175000 171500 200000 185000^ 17 196 11.5
HEYWOOD 85500 105000 127500 170000 160000 138000 152500 172000 167500 153000 142000 194500^ -7 66 5.2
HIGHETT 403000 400000 415500 455000 575500 602000 647500 748000 710000 675000 746000 770000 11 85 6.4
HIGHTON 284500 307500 320500 340000 340000 342500 385000 435000 450000 460000 477000 501000 4 68 5.3
HILLSIDE (MELTON) 268000 270000 289000 281500 307000 321000 355000 418500 410000 420000 430000 457500 2 60 4.8
HOPETOUN 49000 ^ 45000 58500 76500 85000 75000 73500^ 63000 55500^ 81000 80000 90500^ -1 64 5.0
HOPPERS CROSSING 210000 223000 228000 225000 236000 260500 284000 327500 327500 312500 321500 335000 3 53 4.4
HORSHAM 140000 157500 172500 170000 175000 185000 178500 188500 211000 225000 215000 208000 -4 54 4.4
HUGHESDALE 398000 405500 420000 478500 617000 617500 671000 838000 725000 741000 822000 790000^ 11 107 7.5
HUNTINGDALE 320000 330500 331000 370000 514500 500000 560000 642500 610000 590000 659000 NA 12 106 7.5
HUNTLY 225000 220000 229500 240000 245000 228000 254000 269500^ 260000^ 255000^ 291500 NA 14 29 2.6
HURSTBRIDGE 306500 300000 327000 339000 375000 383000 405000 491000 460000 445000 478500 475000^ 8 56 4.6
INDENTED HEAD 234500 296500 252000 300000 293000 312500 318000 367500 347000 425000 387500 384000^ -9 65 5.2
INGLEWOOD 80000 90500 100000 95000 115000 120000 130000 170000^ 208500 186500 160000^ 105000^ -14 100 7.2
INVERLEIGH 176000 178500 258500 192500 245000 251500^ 245000^ 230000^ 327500^ 246500 319500^ 420000^ 30 82 6.1
INVERLOCH 270000 296000 287500 292500 320000 335000 378500 422500 450000 425000 430000 447500 1 59 4.8

A Guide to Property Values 2013 Page 60

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
INVERMAY PARK 265000 274500 305000 300000 320000 285000 305000 337500 363500 370000 376500 281000^ 2 42 3.6
IRONBARK 178000 160000 205000 197500 194500 251000 226500 232000 287000 280000 275000 307500^ -2 54 4.4
IRYMPLE 177500 205000 235000 220000 241500 210000 227500 212500 228000 215000 248000 297500^ 15 40 3.4
IVANHOE 500000 521000 575000 602500 755500 815000 791000 1032500 1040000 920000 1100000 867500^ 20 120 8.2
IVANHOE EAST 671000 742000 738500 782000 970000 1177500 950500 1412500 1295000 1205000 1320000 1650000^ 10 97 7.0
JACANA 180000 203500 205000 214000 220000 275000 315000 391000 342500 310500 333000 330000^ 7 85 6.3
JACKASS FLAT 207000 ^ 265000^ 235000^ 245000^ 229000^ 274000^ 262000^ 275000^ 255000^ 357500^ 277500 274500^ -22 34 3.0
JAMIESON 125000 132500 169000 196000 177000 193000^ 193500 242500 218000^ 267500 180000 130000^ -33 44 3.7
JAN JUC 330000 323000 371000 358000 430000 486500 473500 542500 590000 570000 557500 595000 -2 69 5.4
JEPARIT 54500 49000 75000 74000 71500^ 59500^ 66500^ 66000^ 101500 59000 80500 NA 36 48 4.0
JUNCTION VILLAGE 186500 192500 208000 205000^ 247000 258000 278000 319000^ 287500 306500 324500 325000^ 6 74 5.7
JUNORTOUN 227500 205000 177500 332500 330000 337500 420000 409000 430000 465000 471000 NA 1 107 7.5
KALIMNA 179500 209000 255000 210000 260000 227500 275000 265000 312500 281500 228500 334000^ -19 27 2.4
KALLISTA 285000 318500 305000 342500 364000 392500 422000 450000 482000 452500 425000 395000^ -6 49 4.1
KALORAMA 247500 295000 310000 291000 349000 391500 367500 442500 440000 420000 450000 340000^ 7 82 6.2
KANGAROO FLAT 181000 205000 207000 220000 216500 220000 233000 251000 269500 284000 292500 305000 3 62 4.9
KANIVA 40000 65500 68000 90000 88500 89000^ 95000 94000 90000 79000 75000 77000^ -5 88 6.5
KEALBA 224500 231500 237500 238000 269000 295000 313500 385500 372500 375000 370000 425000^ -1 65 5.1
KEILOR 360000 352500 400000 390000 450000 499000 510000 603000 570000 582500 557500 565000 -4 55 4.5
KEILOR DOWNS 265000 260000 266500 275000 295000 320500 370000 423000 405000 400000 403500 450000 1 52 4.3
KEILOR EAST 308500 320500 331000 329000 374000 410000 454000 580000 582500 515000 560000 583500 9 82 6.1
KEILOR LODGE 320000 322000 393500 320500 338000 386000 415000 460000 520000 480000 490000 482500^ 2 53 4.4
KEILOR PARK 280000 306000 318000 306500 326000 360000 407500 514500 500000 480000 455000 503500^ -5 63 5.0
KENNINGTON 225000 216000 230000 230000 244000 225000 265000 293500 305000 300000 350000 393000 17 56 4.5
KENSINGTON 371500 385000 400000 435000 520000 518000 570000 670000 645000 650000 690000 757500^ 6 86 6.4
KERANG 114000 112000 117500 158000 139500 145000 149000 150000 146000 150000 142500 133500^ -5 25 2.3
KEW 790000 777000 756000 868000 1300000 1225000 1365000 1650000 1635000 1490000 1640000 2555000 10 108 7.6
KEW EAST 588000 610000 635000 697500 940500 875000 936000 1151000 1056000 1005000 1255000 1208000^ 25 113 7.9
KEYSBOROUGH 229000 249000 262000 276000 300000 360000 375000 417500 430000 425500 435000 441500 2 90 6.6
KIALLA 285500 300000 302500 328500 367000 321000 320000 335000 360000 320000 360500 350000^ 13 26 2.4
KILMORE 208000 230000 242500 260000 255500 260000 277500 330000 325000 312000 325000 319500 4 56 4.6
KILSYTH 242500 254500 270000 280000 319000 350000 370000 426500 430000 415000 435000 445000 5 80 6.0
KILSYTH SOUTH 308000 343500 344000 385000 399000 475000 437000 515500 520000 502000 535000 571500^ 7 74 5.7
KINGLAKE 185000 200000 202500 220000 248000 270000 285000 280000^ 315000 310000 330000 309000^ 6 78 6.0
KINGS PARK 200000 215000 212500 213000 225000 250000 285000 340000 330000 324000 315000 315000 -3 57 4.6
KINGSBURY 288000 281000 280500 292500 338500 387500 422000 519000 475000 435000 469000 520000^ 8 63 5.0
KINGSVILLE 340000 340000 363000 391000 491500 458500 543500 630000 599500 597500 635000 750000^ 6 87 6.4
KNOXFIELD 251000 275000 285000 300000 355000 368000 420000 472000 481000 465000 505000 505500 9 101 7.2
KOO WEE RUP 185000 198000 222500 241000 226000 251500 280000 297000 334000 320000 315000 315000^ -2 70 5.5
KOONDROOK 107500 115000 125000 175500 140000 155000 139000^ 239500 150000^ 174500 147500 131000^ -15 37 3.2
KOROIT 190000 225000 211000 205000 255000 254000 212000 236000 266000 287000 275000 325000^ -4 45 3.8
KORUMBURRA 149000 160000 175000 190000 185000 200000 216500 234000 240000 240000 239500 247500^ 0 61 4.9
KURUNJANG 183000 196500 195000 207500 215000 232000 243500 289000 300000 283000 284500 267000 0 55 4.5
KYABRAM 140000 156500 175000 194000 195000 210000 195000 210000 200000 217500 237500 234000 9 69 5.4
KYNETON 187000 200500 220000 222500 247000 256000 275000 335500 373000 372500 369500 407500 -1 98 7.0
LAKE BOGA 107000 135000 150000 139000 182000 132500 149000 187000 212500 185000 200000 206000^ 8 87 6.5
LAKE GARDENS 247500 265000 295500 310000 307000 342000 350000 387000 400500 385000 445000 327500^ 16 80 6.0
LAKE TYERS BEACH 178000 215000 207500 228500 277000 270000 245000 286000 285000 274000 270000 287000^ -1 52 4.3
LAKE WENDOUREE 318500 342500 362500 353500 473500 406000 404000 550000 630000 545000 658000 596500^ 21 107 7.5
LAKES ENTRANCE 178000 230000 228000 245500 257000 239000 260000 258500 300000 250000 269500 253500 8 52 4.2
LALOR 230000 240000 240000 250000 267500 295000 335000 385500 380000 360000 365000 381000 1 59 4.7
LANCEFIELD 175000 178500 225000 241500 271000 250000 264000 303500 321500 315000 380000 305000^ 21 117 8.1
LANG LANG 170000 233000 212500 209000 220000 240000 238000 260000 310000 277500 285000 275000^ 3 68 5.3
LANGWARRIN 237000 255000 255000 275000 293000 320000 335000 395000 385000 375000 390000 375000 4 65 5.1
LARA 230000 254500 265000 277000 280000 289000 290500 335000 355000 350000 363000 415000 4 58 4.7
LARA LAKE 200000 230000 247000 236000 242000 265500 289000 311000 305000 317500^ 333000 313500^ 5 67 5.2
LAUNCHING PLACE 212500 230000 237000 240000 283500 280000 289500 357000 343500 340000 330000 308000^ -3 55 4.5
LAVERTON 176500 185000 185500 185000 220000 265000 310000 351500 340000 320000 323000 340000 1 83 6.2
LAVERTON SOUTH 233000 265000 265000 265000 300000 347500 355000^ 385000 379000^ 435000^ 425000 395000^ -2 82 6.2
LENEVA 292000 ^ 292000* 380000^ 339000^ 121000^ 355000^ 324000^ 394000 362000 382000 342000^ 318500^ -10 17 1.6
LEONGATHA 180000 200000 219000 236000 220000 242500 255000 285000 280000 288500 300000 295000^ 4 67 5.2
LEOPOLD 222500 265000 251000 267000 280000 289500 309000 340000 340000 350000 360000 385000 3 62 4.9
LILYDALE 270000 290000 298000 330000 340000 369000 391500 440000 457000 420000 469000 520000 12 74 5.7
LINDENOW 110000 ^ 132000^ 221500^ 215000 167500^ 186000 170000^ 162500^ 175000^ 249500^ 200000 NA -20 82 6.2
LISMORE 79000 ^ 79000^ 108000 118000^ 120000^ 100000 110000 134000 145000 132500^ 110000 95000^ -17 40 3.4

A Guide to Property Values 2013 Page 61

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
LOCH SPORT 123000 159500 142500 157500 141000 149500 153500 170000 165000 165000 169500 160000 3 38 3.3
LONG GULLY 152000 156000 167000 175000 171000 174000 180000 210000 220000 220000 234500 255000^ 7 54 4.4
LONGWARRY 160000 182500 215000 191000 205000 207500 246500 262000 275000 286500 289000 265000^ 1 81 6.1
LORNE 655000 679000 656500 700000 750000 780000 752500 780000 832500 800000 868500 770000^ 9 33 2.9
LOVELY BANKS 266500 295000 317500 298000 325000 356500 367000 365000 385500 402000 371000 387000^ -8 39 3.4
LOWER PLENTY 400000 405000 432000 450000 510000 590000 607500 640000 590000 620000 660000 530000^ 6 65 5.1
LUCAS - - - - - - - - - - 327500 352500^ NA NA NA
LUCKNOW 170000 170500^ 198000 205500 190000 253000 220000 234000 247500 200000 235000^ 282500^ 18 38 3.3
LYNBROOK 260000 280000 287000 307000 327000 341000 380000 410000 424500 420000 430000 423000 2 65 5.2
LYNDHURST 305000 299000 360000 321500 329000 339000 357000 435000 441500 450000 469000 481500 4 54 4.4
LYSTERFIELD 368500 350500 353500 399000 450000 482500 503000 640500 642500 643500 685500 623000^ 7 86 6.4
LYSTERFIELD SOUTH 532000 650000^ 636500 550000 737500 675000^ 839500 1027500 1000000^ 830000^ 931500 810000^ 12 75 5.8
MACEDON 270000 290000 292500 305000 351500 360000 405000 476000 435000 525000 480000 300000^ -9 78 5.9
MACLEOD 290000 320000 335000 346000 400000 435000 480000 644000 600000 555000 645000 839500 16 122 8.3
MADDINGLEY 200500 210500 227000 218500 265000 265000 258000 290000 300000 308000 317000 317000 3 58 4.7
MAFFRA 115000 146000 173000 165000 178000 190000 200000 230500 230000 235000 228000 245000^ -3 98 7.1
MAIDEN GULLY 240000 270000 271000 289000 312000 325000 336500 385000 392500 424000 440000 427500 4 83 6.2
MAIDSTONE 280000 285000 295000 310000 400000 440000 460000 540000 539000 490000 539000 520000 10 93 6.8
MALDON 170000 194000 215000 240000 220000 224000 240000 275000 267500 279500 315000 310000^ 13 85 6.4
MALLACOOTA 150000 206500 262000 250000 250000 244000 272500 300000 278000 267500 285000 212500^ 7 90 6.6
MALMSBURY 176000 187500 200000 202500 251500 262000 247500 314000 300000 332500 292500 272500^ -12 66 5.2
MALVERN 780000 902500 935500 995000 1387500 1363000 1550000 1740000 1540000 1550000 1517000 2215000 -2 94 6.9
MALVERN EAST 625000 580000 657500 705000 868500 950500 951000 1105500 1100000 1045000 1200000 1072500 15 92 6.7
MANIFOLD HEIGHTS 255000 279500 292500 313000 292500 370000 410500 401000 447500 425000 525000 440000^ 24 106 7.5
MANSFIELD 185000 213500 265000 240000 245000 240000 258000 280000 300000 310000 352500 330000 14 91 6.7
MARIBYRNONG 354000 370000 370500 449000 541000 550000 607500 680000 630000 640000 715000 738000 12 102 7.3
MARONG 184000 ^ 180000^ 225000^ 288000^ 195000^ 180000^ 220500 260000^ 285000^ 312500 310000^ 369500^ -1 69 5.4
MARSHALL 217000 220500^ 240000 252500 270500 276000 300500 367500 322500 365000 360000 374500^ -1 66 5.2
MARYBOROUGH 110000 136000 135000 140000 135000 140000 152000 160000 180000 184000 193000 195000 5 75 5.8
MCCRAE 315000 309000 317500 360000 376000 435500 425000 560000 623000 555000 530000 475000 -5 68 5.3
MCKINNON 484000 521500 535000 634500 798000 793500 869000 970000 900000 942500 1005000 1187500^ 7 108 7.6
MEADOW HEIGHTS 210000 230000 232000 233000 240000 255000 300000 345000 321500 315000 316500 308000 0 51 4.2
MEENIYAN 122500 138000^ 139000 148000 185000^ 172500 189000 180000^ 230000 216500 199000^ 215000^ -8 62 5.0
MELTON 160000 170000 174000 177500 184500 206000 218000 250000 256000 250000 245000 245000 -2 53 4.4
MELTON SOUTH 155000 172500 170000 174000 178000 195000 218000 248500 246500 230000 232500 234000 1 50 4.1
MELTON WEST 200000 218000 215000 220500 222500 249000 265000 293000 311000 308500 310000 292500 0 55 4.5
MENTONE 432000 474500 462500 506000 599500 643000 590000 680000 690000 653500 710000 715000 9 64 5.1
MENZIES CREEK 276500 270000 337500 339500 385000 391500 373000 482500 475000^ 465000 515000^ 439000^ 11 86 6.4
MERBEIN 130000 140000 149000 147500 157000 165000 151000 158000 158000 142500 140500 151000^ -1 8 0.8
MEREDITH 135000 166000 152000 174000 180000 220000^ 70000^ 190000 255000 230000 353000^ NA 54 162 10.1
MERNDA 265000 ^ 255000 258000 309000 335000 323000 350000 389500 395000 375000 381000 420000 2 44 3.7
MERRIJIG (MANSFIELD) 164500 135000 178000 235000^ 278000 307500^ 342500 287500 342500 235000 270000^ 402500^ 15 64 5.1
METUNG 192000 250000 290000 245000 241500 230000 272000 296000 269000 350000 335000 389000^ -4 74 5.7
MIDDLE PARK 831000 795000 917500 900000 1342500 1410000 1300000 1500000 1300000 1426000 1472000 2025000^ 3 77 5.9
MILDURA 170000 185000 190000 200000 213000 200000 205000 220000 222500 225000 225500 253500 0 33 2.9
MILL PARK 265000 275000 283000 282000 307500 327500 366000 419000 410000 405000 410000 406000 1 55 4.5
MILLGROVE 148000 165000 166000 178000 189000 212000 217000 234000 235000 235000 245000 241000^ 4 66 5.2
MINERS REST 172500 219000 225000 252000 271500 265000 278500 320000 338000 325000 330500 335000^ 2 92 6.7
MINYIP 45500 60000 42000 67000 65000 80000 86500 85000 82500 81000 73500 106000^ -9 62 4.9
MIRBOO NORTH 138000 169000 182500 185000 235000 210000 230000 238000 258500 250000 262500 270000^ 5 90 6.6
MITCHAM 330000 330000 355500 365000 460000 468500 506000 627500 590500 583000 650000 645000 11 97 7.0
MITCHELL PARK 167500 ^ 189000 212500 186000 193000 222000 229000 257000 247500 270000 267000 264000^ -1 59 4.8
MOE 85000 110000 120000 125000 130000 126000 135500 150000 165000 165000 155000 162500 -6 82 6.2
MOGGS CREEK 445000 410000^ 460500^ 410000^ 680000^ 925000^ 607500^ 636000^ 580000^ 650000^ 690000 525000^ 6 55 4.5
MONBULK 232000 245000 257500 272500 308000 322000 326000 420000 392500 380000 395000 428500^ 4 70 5.5
MONT ALBERT 620000 619000 675000 705000 955000 1105000 1065000 1310000 1310000 1177500 1370000 1308500^ 16 121 8.3
MONT ALBERT NORTH 435500 422000 492000 522500 722500 681500 795000 970000 837500 780000 987500 1215000^ 27 127 8.5
MONTMORENCY 320000 330000 332500 356000 415000 430500 474000 580000 570000 560000 560500 555000 0 75 5.8
MONTROSE 256000 282000 280000 298000 345000 360000 400000 439000 437500 426000 445000 475000 4 74 5.7
MOONEE PONDS 450000 447500 458000 525000 620000 652500 678500 849000 775000 778000 821000 823000 6 82 6.2
MOORABBIN 364500 360000 384000 430000 517500 535000 587500 706500 652000 630500 682000 688500^ 8 87 6.5
MOOROOLBARK 240000 260000 277500 286500 325000 349000 370000 443500 435000 425000 440000 453000 4 83 6.2
MOOROOPNA 160000 182000 188000 212500 202500 200000 205000 222000 215000 216000 207000 226500 -4 29 2.6
MORDIALLOC 360000 358000 376500 400000 491000 535000 568000 645000 640000 640000 664000 595000^ 4 84 6.3
MORNINGTON 295000 310000 315000 347000 367000 410000 427500 510000 520000 503000 525000 502000 4 78 5.9

A Guide to Property Values 2013 Page 62

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
MORTLAKE 86500 113000 135000 150000 139000 165000 157000 150000 146000 152000 129500 255000^ -15 50 4.1
MORWELL 94500 110000 119500 123000 127500 135000 140000 153000 159500 150500 160000 150000 6 69 5.4
MOUNT BEAUTY 86000 127000 158500 175000 180000 190500 180000 195000 173000 140000 180000 182000^ 29 110 7.7
MOUNT CLEAR 205000 220000 220000 231000 239000 235000 235500 265000 286000 305000 283000 285000 -7 38 3.3
MOUNT DANDENONG 320000 305000 332500 380000 391500 455000 450000 476000 447500 476500 450000 NA -6 41 3.5
MOUNT ELIZA 438000 490000 491500 500000 557500 590000 621500 730000 722500 680000 750000 752000 10 71 5.5
MOUNT EVELYN 240000 246000 270000 275000 307500 339000 341500 388000 400000 393000 406500 460000 3 69 5.4
MOUNT HELEN 214500 247500 250000 258000 269000 280000 307500 309500 355000 325000 345000 350500^ 6 61 4.9
MOUNT MACEDON 320000 380000 510000 488500 450000 430500 506500 545000 537500 543000 670000 799000^ 23 109 7.7
MOUNT MARTHA 380000 433000 400000 426500 460500 505000 530000 610000 626500 620000 650000 645000 5 71 5.5
MOUNT PLEASANT 158000 178000 197000 176000 179000 215000 211500 239500 248500 259000 289000 265000^ 12 83 6.2
MOUNT WAVERLEY 400000 407500 425000 462000 605000 650000 690000 801000 745000 732000 820000 941000 12 105 7.4
MULGRAVE 320000 315000 332000 355500 420500 456000 477500 550000 530500 531000 575000 606500 8 80 6.0
MURCHISON 115000 145000 152000 190000 157500 200000 166500 177500 177500^ 183000 185000 NA 1 61 4.9
MURRUMBEENA 448500 445500 506500 543000 645500 709000 755500 840000 802500 777500 868000 956500^ 12 94 6.8
MURTOA 51500 82000 80000 80000 77000 83000 91500 85000 133000 108500 95000 35000^ -12 84 6.3
MYRTLEFORD 127000 157500 194500 230000 228000 165000 203000 179000 229500 213000 220000 250000^ 3 73 5.6
NAGAMBIE 140000 177000 185500 212500 260000 237500 213000 351500 248000 255000 310000 NA 22 121 8.3
NARRE WARREN 218000 235000 242000 259000 272000 300000 321500 369000 363000 355500 370500 370000 4 70 5.5
NARRE WARREN NORTH 439000 432000 436500 450000 565000 546000 650000 715000 730000 681000 710000 622000^ 4 62 4.9
NARRE WARREN SOUTH 254000 276000 285000 300000 312500 335500 362500 405000 405000 405000 410000 432000 1 61 4.9
NATHALIA 95000 138000 130000 150000 159000 146000 165000 155000 150000 205000 165000 173000^ -20 74 5.7
NATIMUK 85500 109000^ 120000 125000^ 96000^ 103500^ 109000 120000 142500 116000^ 166000 122000^ 43 94 6.9
NEERIM SOUTH 140000 165000 205000 180000 207500 257500 270000 240000 275000^ 265000 307500 313000^ 16 120 8.2
NELSON 165500 221000^ 240000^ 360000^ 246000 240000^ 219000^ 266500^ 240000^ 205000^ 224000 203500^ 9 35 3.1
NERRINA 179500 212000^ 240000 207500 233000 426500^ 300000 381000 387000 467500 455000 295000^ -3 153 9.7
NEW GISBORNE 251000 265500 312500 375000 357000 350000 368500 467500 501000 475000 507500 602000^ 7 102 7.3
NEWBOROUGH 115000 130000 145500 160000 161000 174000 172000 197000 185000 213500 211500 220000 -1 84 6.3
NEWCOMB 177000 185000 190000 193000 215000 212000 228000 280000 275000 275000 280000 285000^ 2 58 4.7
NEWHAVEN 275000 278500^ 271000 330000 420000 425000^ 270000^ 456000 430000^ 360000 451500 401500^ 25 64 5.1
NEWINGTON 200000 204000 221500 245000 257500 237000 253500 290500 290000 300000 320000 291500 7 60 4.8
NEWLANDS ARM 225000 276500 231000 144500^ 247000 232500 280000 300000 332000^ 325000 320000 302000^ -2 42 3.6
NEWPORT 365000 370000 386000 423000 507500 521000 555000 651500 680000 630000 700000 612500^ 11 92 6.7
NEWSTEAD 142000 166000^ 134000^ 198500 192500 197500 200000 240000^ 243000^ 252000^ 300000 270000^ 19 112 7.8
NEWTOWN (GEELONG) 330000 335000 361000 357000 405000 403000 405500 550000 530500 527500 567500 537500 8 72 5.6
NHILL 78000 77500 85000 94000 84000 109000 128000 101500 107000 111000 110000 116000^ -1 41 3.5
NICHOLS POINT 250000 ^ 270500 243500^ 212000^ 295000^ 290000^ 310000 217500^ 311500 235000 303000 208500^ 29 21 1.9
NIDDRIE 375000 385000 392500 420000 470000 568500 595000 729500 740000 666000 690000 703000^ 4 84 6.3
NOBLE PARK 221500 235000 240500 250000 280000 316000 350000 415000 410000 381500 400000 425000 5 81 6.1
NOBLE PARK NORTH 221500 230000 240000 262000 280000 314000 350000 415000 395000 370000 381500 395000^ 3 72 5.6
NORLANE 120000 135000 136000 140000 148000 152500 160000 190000 205000 209000 202500 215000 -3 69 5.4
NORTH BENDIGO 158000 172500 181000 183000 195000 185000 207000 218000 230000 266000 270000 264000 2 71 5.5
NORTH GEELONG 210000 210000 217500 226000 235000 238000 255000 309000 292500 289000 277000 302000 -4 32 2.8
NORTH MELBOURNE 410000 425000 450000 503000 575000 610000 605000 780000 740000 775000 794500 889000^ 3 94 6.8
NORTH WARRANDYTE 450000 430000 500000 482500 580000 542500 553500 679500 597500 631000 615000 683500^ -3 37 3.2
NORTH WONTHAGGI 174000 204000 222000 208500 226500 245000 260000 285000 284000 257000 230000 290500 -11 32 2.8
NORTHCOTE 410000 420000 434000 467500 598500 623000 678500 830000 780000 785500 830000 864000 6 102 7.3
NOTTING HILL 306500 304000 320000 325500 427000 450500 485000 563000 521000 547000 565000 660000^ 3 84 6.3
NUMURKAH 140000 158000 164000 180000 195000 182000 175000 176500 192000 201000 192500 217500^ -4 38 3.2
NUNAWADING 316000 330000 342000 361000 452000 466000 507000 641500 585000 590000 634500 655000^ 8 101 7.2
NYAH 87000 136500^ 82500^ 121000^ 120500 141000^ 167500^ 80000^ 56000^ 167500 141000^ 170000^ -16 62 4.9
NYAH WEST 70000 81500 131500 150000 108000 77000^ 89000 97500^ 70000^ 116500^ 94000 66000^ -19 34 3.0
OAK PARK 333000 340500 340000 360000 431000 470000 500000 630000 571000 550000 570000 524000^ 4 71 5.5
OAKLEIGH 365500 378000 411000 430500 556000 567000 618000 715500 699500 645000 760000 777500^ 18 108 7.6
OAKLEIGH EAST 326000 335000 355000 390000 480000 519500 550000 676500 640000 613500 630000 627500^ 3 93 6.8
OAKLEIGH SOUTH 330500 345000 342000 385500 474000 482500 533500 630000 615000 590000 603000 667000^ 2 82 6.2
OCEAN GROVE 281000 320500 320000 325000 355000 395000 390000 428000 475000 465000 455000 542500 -2 62 4.9
OFFICER 262000 347500^ 331500^ 435000^ 400000^ 340000^ 340000 385000 396000 430000 375000 492000^ -13 43 3.7
OLINDA 300500 320500 320000 360000 350000 395000 405000 452500 520000 445000 496000 443500^ 11 65 5.1
ORBOST 93000 122000 130000 138000 147000 170000 160000 182000 151500 150000 156000 217500^ 4 68 5.3
ORMOND 487500 532500 530000 645000 811000 791000 805500 970000 911500 857500 995000 985000^ 16 104 7.4
OSBORNE 280000 305000 320000 332000 370000 375000 425000 480000 510000 510000 540000 583000^ 6 93 6.8
OUYEN 65000 75000 75000 65000 86000 97500 110000 103000 110000 116500 75000 91000^ -35 15 1.4
PAKENHAM 197000 225000 233000 246000 260000 276000 305000 335000 340000 333500 335000 325000 1 70 5.5
PARADISE BEACH 103000 112500 154000^ 147500 128500 142000 170000 152500 159500 212500^ 163500 370000^ -23 59 4.7

A Guide to Property Values 2013 Page 63

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
PARK ORCHARDS 529500 600000 640000 645000 712500 790000 814000 945000 942500 953000 927500 1060000^ -3 75 5.8
PARKDALE 420500 421000 422000 505000 625000 615000 622500 750000 755500 678500 756000 791000 11 80 6.0
PARKVILLE 827500 850000 850000 842500 845000 1085000 1300000 1175000 642500 1147500 1237500 990000^ 8 50 4.1
PASCOE VALE 334000 335000 345000 347500 420500 450000 502000 597500 560000 535000 576000 530000 8 72 5.6
PASCOE VALE SOUTH 364500 365000 365000 382000 450000 501500 552000 661000 615000 625000 650500 658000 4 78 6.0
PATTERSON LAKES 393000 407000 407500 458000 490000 500000 526000 610000 615000 631500 625000 521000 -1 59 4.7
PAYNESVILLE 210000 255000 254000 251000 265000 315000 276500 290000 319500 290000 281500 305000 -3 34 3.0
PEARCEDALE 250000 315000 278000 266000 322500 345000 350000 390000 405000 427500 385000 490000^ -10 54 4.4
PIONEER BAY 147500 165000 148000^ 157000 165500 185000 184500 235000 197500 235000^ 200000 165000^ -15 36 3.1
PLENTY 502500 515000 431000 500000 612500 630000 623500 830000 725000 750000 721000 NA -4 43 3.7
PLUMPTON 456000 ^ 456000* 392500^ 392500* 755000^ 557500^ 395000^ 360000^ 292000^ 380000^ 445000 430000^ 17 -2 -0.2
POINT COOK 302500 316500 318000 330000 351000 370000 399000 435000 440000 435000 450000 446000 3 49 4.1
POINT LONSDALE 445000 453500 510000 475000 485000 490000 555000 695000 661500 714500 690000 820000 -3 55 4.5
POREPUNKAH 170000 209000 257500 270000^ 310000 262500 257500 320000^ 276000 285000^ 347000 269500^ 22 104 7.4
PORT ALBERT 160000 156000 250000^ 200000^ 225000^ 200000 183500 250000^ 180000^ 235000 262500^ 150000^ 12 64 5.1
PORT CAMPBELL 317500 ^ 237000^ 327500 340000^ 327500^ 298000^ 255000^ 275000 260000^ 275500^ 317500 215000^ 15 0 NA
PORT FAIRY 262500 317500 297500 300000 345000 294000 330000 386000 385000 410000 400000 394000 -2 52 4.3
PORT MELBOURNE 562500 540500 580000 630000 786000 762500 846500 890000 850000 938500 995000 1010000 6 77 5.9
PORTARLINGTON 249500 282500 282000 291000 292000 292500 345000 380000 427500 390000 391000 382500 0 57 4.6
PORTLAND 152500 163500 178000 194000 215000 215000 195000 220000 237000 227500 235000 197500 3 54 4.4
PORTSEA 810000 922500 913500 1050000 950000 1400000 1075000 1375000 1625000 1367500 1250000 841500^ -9 54 4.4
PRAHRAN 522500 590000 595000 653000 780000 802500 855000 710000 837500 920000 990000 1051000 8 89 6.6
PRESTON 320000 322500 342000 370000 447000 465000 515000 610000 600000 585000 640000 649000 9 100 7.2
PRINCES HILL 594000 650000 634000 645000 799000 800000 871000 1027500 967500 928500 1190000 875000^ 28 100 7.2
PYRAMID HILL 68500 74000 78500 105000^ 91500^ 90000^ 101000^ 125000^ 90000 100000^ 101500 35000^ 1 48 4.0
QUARRY HILL 213000 224000 196500 243500 232000 250000 259000 295500 292500 300000 385000 350000^ 28 81 6.1
QUEENSCLIFF 425000 463500 437500 475000 605000 525000 580000 685000 577500 697500 610000 564000^ -13 44 3.7
RAINBOW 42500 ^ 62500 57500 57500 59000 64500 69000^ 70000 71500^ 69000 64500 62000^ -7 52 4.3
RAWSON 74500 90000^ 131000 112500^ 117500^ 155000 156500^ 157000^ 161000^ 141500 160500^ 149500^ 13 115 8.0
RAYMOND ISLAND 170000 205000 235000 287500 240000 341000^ 249000 277500 262500 304500 297500 250000^ -2 75 5.8
RED CLIFFS 135500 143000 145000 162000 148000 162000 146000 160000 170000 162500 165000 140000 2 22 2.0
RED HILL 325500 360000 440000 449500 432000 444000 545000 615000 630000 585000 515000 650000^ -12 58 4.7
REDAN 151000 169000 175000 185000 187000 190000 195000 230000 227500 236000 250000 239500 6 66 5.2
RESEARCH 412000 416000 500000 460000 567500 600000 536500 614500 657000 622500 605500 779000^ -3 47 3.9
RESERVOIR 280000 280000 291000 301000 359000 388000 426500 512500 500000 465000 510000 505000 10 82 6.2
RHYLL 255000 290000 295000 288000 345000 307500 387500 410000 410000 400000 393000 480000^ -2 54 4.4
RICHMOND 450000 461500 506500 560000 685500 688000 705500 825000 800000 818000 895000 997500 9 99 7.1
RIDDELLS CREEK 265000 240000 280000 289000 285000 362500 325000 405000 450000 378000 450000 310000^ 19 70 5.4
RINGWOOD 285000 296000 310000 334500 384000 419000 453500 551000 505000 500000 546500 650500 9 92 6.7
RINGWOOD EAST 277500 295000 315000 319000 381000 415000 440500 530000 520000 490000 546000 620000 11 97 7.0
RINGWOOD NORTH 335000 358000 367500 403000 460000 447500 490000 581500 570000 564000 631000 660000 12 88 6.5
RIPPLESIDE 306000 322500 303000 350000^ 385000 406500 400000^ 724000^ 482500^ 422500 590000 556000^ 40 93 6.8
ROBINVALE 135000 130000 136000 135000 180000 180000 186500 145000 138000 179000 151500 172500^ -16 12 1.1
ROCHESTER 141000 146000 165000 180000 180000 184000 181000 155000 185000 210000 189000 175000^ -10 34 3.0
ROCKBANK 179000 181000 200000 182000 198000^ 245000 231500 238000 251000^ 262000 309000^ 280000^ 18 72 5.6
ROMSEY 215000 225000 242000 275000 258500 282500 300000 352500 370000 365000 395000 417000^ 8 84 6.3
ROSANNA 400000 369000 395000 428500 526500 595000 588000 695500 725000 652500 717000 796000^ 10 79 6.0
ROSEBUD 225000 230000 243000 245000 260000 300000 310000 364000 375000 370000 378000 380000 2 68 5.3
ROSEBUD SOUTH 254000 285000 300000 307500 315000 350000 383000 412500 425000 400000 425000 440000^ 6 67 5.3
ROSEBUD WEST 215000 248500 237000 233000 272000 294500 305000 355000 375000 330000 350000 345000 6 63 5.0
ROSEDALE 112000 143000 173000 140000 160000 180000 165000 185000 189000^ 209000 218000 262500^ 4 95 6.9
ROWVILLE 313000 327500 342500 360000 405000 440000 467500 537500 527000 530000 567000 585000 7 81 6.1
ROXBURGH PARK 252000 265000 275000 277000 280000 295000 340000 371000 360000 355000 365000 365000 3 45 3.8
RUSHWORTH 91500 130000 130000 141500 152000 151500 155000 147500 155000 190000 161000 158000^ -15 76 5.8
RUTHERGLEN 156500 177500 180000 205000 198000 187000 183000 175000 207000 235000 239000 215000^ 2 53 4.3
RYE 250000 272000 277500 287500 337000 360000 380000 435500 440000 422000 425000 456000 1 70 5.4
SAFETY BEACH 322000 348000 400000 385000 412500 446000 406500 497500 553000 550000 515000 500000 -6 60 4.8
SAILORS GULLY 205000 ^ 177000 190000^ 185000 160000 183000 220000 213500 265000^ 257500 253000 278000^ -2 23 2.1
SALE 159000 181000 198000 210000 229500 255000 250000 275000 291500 274000 290000 285000 6 82 6.2
SAN REMO 289000 303000 330000 297500 385000 351000 370000 445000 405500 410000 410000 354500^ 0 42 3.6
SANCTUARY LAKES 415000 410000 399000 416000 418000 480000 460000 495000 500000 540000 500000 512000 -7 20 1.9
SANDHURST 270000 287500 295000 300000 450000 521000 346000 440000 504500 510000 545000 592500 7 102 7.3
SANDRINGHAM 667000 700000 725000 811000 932000 1045000 1030000 1200000 1202500 1135000 1195000 1175000 5 79 6.0
SANDY POINT 226500 267500 255000 320000 275000 288500 296000 338000 375000 355000 360000 235000^ 1 59 4.8
SASSAFRAS 310000 345000 405000 345000 385000 452500 430000 507000 497500 397500 632500 582500^ 59 104 7.4

A Guide to Property Values 2013 Page 64

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
SCORESBY 260000 257500 280000 297000 348500 370000 396000 488000 472000 481000 510000 539000 6 96 7.0
SEA LAKE 47000 45000 65000 89000 73500 77000 65000 62500 112000 65000^ 80000 75000^ 23 70 5.5
SEABROOK 262500 252000 260000 266000 295000 322000 350000 415000 407500 403500 422500 415000^ 5 61 4.9
SEAFORD 235000 250000 250500 272500 317000 333500 355000 412500 410000 392500 418000 390000 6 78 5.9
SEAHOLME 352000 351000 370500 411500 436500 515000 663000 565000 630000 600000 642000 700000^ 7 82 6.2
SEASPRAY 87000 133000^ 141500 146500 150000 182500 159500^ 239000 165000^ 192500^ 152000 184000^ -21 75 5.7
SEBASTOPOL 156000 172000 182000 182000 186500 200000 212000 226000 228000 240000 243500 225000 1 56 4.6
SEDDON 327000 320000 353000 376000 471000 509000 515000 645500 620500 670000 670000 805000^ 0 105 7.4
SELBY 241500 259000 277500 325000 305500 315000 386500 407000 421500 410000 420000 NA 2 74 5.7
SEVILLE 232500 230000 256500 255500 290000 320000 337500 385000 380000 380000 400000 380000^ 5 72 5.6
SEVILLE EAST 200000 210000 240000 250000 238000 255000^ 320000 342500^ 364500 342500 339500^ 359000^ -1 70 5.4
SEYMOUR 132500 156500 168000 198000 188000 186000 187500 215000 190000 220000 220000 190500 0 66 5.2
SHEPPARTON 176000 196000 210000 234000 231500 232000 229500 251000 242500 240000 247000 236000 3 40 3.4
SHOREHAM 385500 485000 550000 570000 760000 642500 733000 572000^ 607500 618000 607000 NA -2 57 4.6
SILVERLEAVES 322500 376500 350000 396000 375000 360000 390000 497500 500000 505000^ 508000 589500^ 1 58 4.6
SKENES CREEK 390000 307500 345000^ 460000 330000 360000 435000 500000^ 370000 532500 465000^ 527500^ -13 19 1.8
SKIPTON 86000 116000 107000 135500^ 125000^ 130000 110000 152000 160000^ 149000^ 155000 188000^ 4 80 6.0
SKYE 235000 266500 262000 280000 288000 320000 330000 370000 385000 390000 395000 392000 1 68 5.3
SMITHS BEACH 274500 273500 338000 280000 355000 350000 325000 442500 380000 430000 375000 325000^ -13 37 3.2
SOLDIERS HILL 172000 209000 195500 222000 220000 221000 227500 265500 277000 292500 283000 341500 -3 64 5.1
SOMERS 295500 342500 392000 382500 435000 442500 500000 615000 615000 692500 660000 620000^ -5 123 8.4
SOMERVILLE 227500 254000 242000 280000 275000 309500 331000 371500 375000 361000 385000 390000 7 69 5.4
SORRENTO 485000 530000 590000 580000 660000 745000 680000 850000 900000 730000 770000 820000 6 59 4.7
SOUTH GEELONG 226500 243000 255500 297500 301500 310000 384500 420000 382500 430000 420500 384000^ -2 86 6.4
SOUTH KINGSVILLE 328000 340000 340000 395000 442000 495000 509000 635500 610000 635000 619500 630000^ -2 89 6.6
SOUTH MELBOURNE 550000 600000 648000 604000 751500 822500 925000 767500 607500 910000 1030000 1477500^ 13 87 6.5
SOUTH MORANG 295000 300000 319000 327000 325000 341500 363000 410000 410000 420000 415000 407500 -1 41 3.5
SOUTH YARRA 655000 675000 760500 835000 957500 900500 1085000 750000 945000 1142500 1315000 1450000^ 15 101 7.2
SPOTSWOOD 323000 359000 342000 391000 501000 500000 507000 635000 602500 640000 680000 NA 6 111 7.7
SPRING GULLY 224000 245000 248000 247500 236000 248000 295500 294000 320000 340000 345000 345000^ 1 54 4.4
SPRINGVALE 222000 243000 249000 272000 305000 365000 407000 490000 469000 445000 453500 480000 2 104 7.4
SPRINGVALE SOUTH 235000 246500 270000 270500 300000 346500 371000 450500 420000 408000 430000 443500 5 83 6.2
ST ALBANS 215000 220000 220000 217000 240500 278000 310000 385000 387500 348000 350000 370000 1 63 5.0
ST ALBANS PARK 206000 223000 227500 235000 244500 249500 266000 298000 310000 307500 335000 280000 9 63 5.0
ST ANDREWS BEACH 294000 325000 320000 352500 398500 432500 490000 492500 550000 712500 480000 370000^ -33 63 5.0
ST ARNAUD 73000 85000 103000 108000 104000 120000 125000 132000 125000 123000 140000 145000 14 92 6.7
ST HELENA 390500 387000 411000 445000 415000 493000 490500 562000 570000 550500 600000 667000^ 9 54 4.4
ST KILDA 478500 530000 550000 620000 755000 805000 802500 690500 746000 860000 891500 1115000^ 4 86 6.4
ST KILDA EAST 511000 575000 557500 642000 856000 837500 857000 1000000 955000 993000 1070000 1130000^ 8 109 7.7
ST KILDA WEST 899500 780000 795000 1036000 1085000 1132500 1360000 1925000 1700000 1300000 1142500 NA -12 27 2.4
ST LEONARDS 210000 235000 249000 270000 259000 290000 285000 350000 389000 363000 351500 338000 -3 67 5.3
STAWELL 95000 123000 140000 145000 145000 147000 145000 155000 147000 167000 162500 193000 -3 71 5.5
STRATFORD 130000 165000 175000 174500 212000 185000 230000 207500 237500 267500 230000 281500^ -14 77 5.9
STRATHDALE 251500 257000 260000 253500 260000 266000 295000 330000 370000 361000 390000 344500 8 55 4.5
STRATHFIELDSAYE 244000 245500 276000 285000 285000 276500 305000 357500 370500 360000 382500 397500 6 57 4.6
STRATHMERTON 110000 135000^ 90000^ 168000 206000 139500 153000 165000^ 107500 164500 167000^ 265000^ 2 52 4.3
STRATHMORE 465000 463500 522500 510000 588500 715000 738000 870000 812500 800000 829000 737500^ 4 78 5.9
STRATHMORE HEIGHTS 345000 355000 382500^ 348000^ 420000 435000 466500 598500 700000^ 605000 621000 650000^ 3 80 6.1
STUDFIELD 262000 ^ 304500 300500^ 283000^ 390000^ 420500^ 393500^ 565000 557500^ 499500^ 572500 552000^ 15 119 8.1
SUNBURY 220000 240000 245000 245000 256000 265000 297000 343000 360000 350000 355000 376500 1 61 4.9
SUNDERLAND BAY 181500 193000 220000 253500 273000 267500 257000 315000 280000 265000 319000 720000^ 20 76 5.8
SUNSET STRIP 168000 175000 198000 228000 209000 231000 250000 286000 286500 286500 301500 340000^ 5 79 6.0
SUNSHINE 241000 240000 240000 242000 302000 340000 388000 455000 430000 400000 433000 455000^ 8 80 6.0
SUNSHINE NORTH 236000 235000 230000 233500 257000 320000 360000 425000 417500 396500 400000 412500 1 69 5.4
SUNSHINE WEST 223000 230000 235000 241000 258000 300000 344000 400000 393500 375000 370000 365000 -1 66 5.2
SURF BEACH 181500 232000 222500 253000 250000 271000 282500 332000 351500 350000 372500 406500^ 6 105 7.5
SURREY HILLS 600000 593500 650000 715000 990000 930000 1007500 1200000 1210000 1121500 1335000 1385000 19 123 8.3
SWAN HILL 155000 173500 201500 210000 207500 210000 235000 230000 227000 225000 225000 226500 0 45 3.8
SYDENHAM 247000 270000 266500 275000 300000 315000 366500 386500 420000 415000 425000 403000^ 2 72 5.6
TALLANGATTA 120000 160000 160000 164500 194000 165000 181000 186000 175000 185000 154000 219000^ -17 28 2.5
TANGAMBALANGA 132000 ^ 170000^ 240000^ 252500^ 215000^ 235000^ 220000^ 245000^ 235000^ 177500^ 272500 NA 54 106 7.5
TARNEIT 227500 260000 273000 278000 292000 298000 325000 360000 368500 356000 369500 380000 4 62 5.0
TATURA 148500 182000 195000 203500 206000 215000 196500 219000 209500 229500 222500 270000^ -3 50 4.1
TAWONGA SOUTH 141000 172500 169000 215000 242000 267500 240000 216000^ 230000 255000 219500 274000^ -14 56 4.5
TAYLORS HILL 237000 296500 290000 304500 317500 345500 376000 425000 420000 480000 487500 482000 2 106 7.5

A Guide to Property Values 2013 Page 65

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
TAYLORS LAKES 314500 320000 320000 331500 350000 395000 420000 467500 500000 477500 489000 460000 2 56 4.5
TECOMA 252000 287500 276500 282500 320000 368000 375000 400000 427500 412000 413000 485000^ 0 64 5.1
TEMPLESTOWE 537500 560000 550500 617000 660000 761000 737500 806000 807000 811000 862500 894000 6 60 4.8
TEMPLESTOWE LOWER 395000 400000 422500 437000 552000 585000 630000 730000 711000 669000 748500 820000 12 89 6.6
TERANG 103000 120000 153500 172500 155500 166000 150000 182500 160000 155000 165000 132000^ 6 60 4.8
THE BASIN 246000 252500 265500 280500 328000 340000 370000 430000 400000 410000 430000 452500^ 5 75 5.7
THE PATCH 322500 335000 320000 341500 337500 415000 397500 437500 470000 417500 407000^ NA -3 26 2.4
THOMASTOWN 242500 258500 256000 260500 280000 323000 350000 416000 400000 364500 389000 390000 7 60 4.8
THOMSON (GEELONG) 167500 180000 184500 185000 199000 205000 215000 280000 281500 275000 281000 289000^ 2 68 5.3
THORNBURY 371500 370500 397000 439000 545000 570000 602500 718000 685000 715000 740000 846000 3 99 7.1
TIMBOON 122000 160000 159000 275000 222000 185000 181000 188500 211500 212500^ 184000 NA -14 51 4.2
TONGALA 97000 115000 141000 153000 174000 181000 157000 157000 154000 175000 183500 194500^ 5 89 6.6
TOONGABBIE 120000 131000 173000^ 167500 185000 196000 215000 260000 230000^ 212500 218000^ 298000^ 3 82 6.2
TOORA 121000 126500 187000 177500 166000 157500 155000 175000 220000 210000^ 165000 172000^ -21 36 3.2
TOORADIN 268000 275500 230000 265000 292500 323000 317000 420000 365000 380000 415000 447500^ 9 55 4.5
TOORAK 1430000 1710000 1775000 2141500 2615000 2625000 2710000 2500000 2610000 2790000 2800000 2720000 0 96 7.0
TOOTGAROOK 225000 245000 230000 250000 277000 310000 315000 370000 375000 390000 384000 390000 -2 71 5.5
TORQUAY 335000 367500 380000 379500 437500 492000 475000 531000 561500 565000 581000 535000 3 73 5.7
TRAFALGAR 140000 169000 180000 189500 208000 206000 217000 247500 280000 285000 283000 302000^ -1 102 7.3
TRARALGON 147500 170000 180000 194500 215000 225000 230000 257000 270000 260000 270000 270000 4 83 6.2
TRARALGON EAST 286500 297500 290000 298500 320000 340000 377500 388000 405000 400000 435000 378000^ 9 52 4.3
TRAVANCORE 454000 ^ 350000 460000 650000 610000 468500 640000 625000 525000^ 810000^ 922500 877500^ 14 103 7.3
TRENTHAM 175000 232000 200000 245000 216000 235000 237500 300000 287000 331500 390000 319500^ 18 123 8.3
TRUGANINA 240000 252500 286000 275000 279000 301000 320000 345000 350000 341000 359000 381500 5 50 4.1
TULLAMARINE 253000 265000 265000 265000 290000 332500 380000 440000 420000 393500 395000 394000^ 0 56 4.6
TUNGAMAH 108500 130000^ 117500 40000^ 155000^ 150000^ 130000^ 125000^ 135000^ 86000^ 68000 108500^ -21 -37 -4.6
TYABB 218000 230000 225000 400000 284000 295000 295000 346000 350000 369000 370000 366000^ 0 70 5.4
TYLDEN 166000 166000* 220000 232000^ 270000 215000 220000^ 324000^ 370000^ 325000^ 338500 NA 4 104 7.4
UPPER FERNTREE GULLY 251500 257500 275000 294000 330000 365000 350000 427500 400000 408500 435000 443000^ 6 73 5.6
UPWEY 250000 259000 270000 305000 341000 345000 380500 415500 415000 422500 422500 440000 0 69 5.4
VENTNOR 297000 243000 295000 276000 340000 365000 382000 380000 365000 386500 367500 380000^ -5 24 2.2
VENUS BAY 170000 192000 204500 191000 200000 217000 238000 239000 265500 238500 242500 262500 2 43 3.6
VERMONT 320000 335500 347000 360000 455500 455500 520000 610000 553000 571500 610000 618000^ 7 91 6.7
VERMONT SOUTH 393000 387500 402500 438000 531000 570000 593000 694000 672500 654500 720000 765000 10 83 6.2
VIEWBANK 340000 373500 403500 411500 456000 487500 520500 631500 604500 589000 632000 619500^ 7 86 6.4
VIOLET TOWN 128000 160000 165000 150000 132500 175500 169000 172500 170000 204500 212500 160000^ 4 66 5.2
WAHGUNYAH 152000 165000 192500 200000 187000 200000^ 190000 245000 190000 244000 190000 216000^ -22 25 2.3
WALKERVILLE 145000 155000^ 202500^ 235500 300000^ 204500 180500 235000 229500 280000^ 279000 370000^ 0 92 6.8
WALLAN 205000 227000 246500 256500 260000 260000 281500 320000 337000 330000 333500 349000 1 63 5.0
WANDANA HEIGHTS 325000 366000 383500 406000 390000 470000 460000 540000 592500 557500 532500 537500^ -4 64 5.1
WANDIN NORTH 212500 212500 239000 258000 295000 293000 340000 410000 380500 380000 406500 451500^ 7 91 6.7
WANGARATTA 150000 175000 200000 215000 221000 215000 227500 240000 245000 240000 240000 237000 0 60 4.8
WANTIRNA 293500 305000 320000 335000 410000 430000 455500 544500 528000 515000 575500 605000 12 96 7.0
WANTIRNA SOUTH 322000 342000 349000 361000 440000 465000 495000 557500 548500 532000 600000 585000 13 86 6.4
WARBURTON 181500 196000 209500 230000 242000 240000 260000 300000 315000 300000 310000 322500^ 3 71 5.5
WARNEET 178000 212500 222500 247500 250000 223500^ 275000 332500 295000 284000 333500 410000^ 18 87 6.5
WARRACKNABEAL 54500 70000 82000 85000 82000 97000 90000 88000 115000 105000 105000 107000 0 93 6.8
WARRAGUL 190000 216000 219000 228500 250000 249500 249500 280000 295000 300500 319000 335000 6 68 5.3
WARRANDYTE 465000 459500 462500 524000 565500 650000 585000 635000 672500 620000 640000 780000^ 3 38 3.2
WARRANWOOD 355000 383000 420000 452500 496000 530000 557000 637500 640000 654000 603000 725000^ -8 70 5.4
WARRNAMBOOL 230000 245000 255000 270000 280000 295000 295000 320000 320000 315500 325000 326500 3 41 3.5
WATERWAYS 305000 365000 493000 394500 525000 580000 535000 608000 688000 682000 672000 820500^ -1 121 8.2
WATSONIA 270000 290000 295000 305000 346000 400000 431000 505000 500000 455000 505000 467000^ 11 87 6.5
WATSONIA NORTH 294000 307000 302500 335500 374000 395000 435000 529000 470500 462000 510000 541000^ 10 73 5.7
WATTLE GLEN 328500 332500 347000 376500 417500 460000 452500 490000 569500 527000 475000 501000^ -10 45 3.8
WAURN PONDS 244500 232000 335000 329000 355000 375000 372500 435000 421000 452500 445000 435000^ -2 82 6.2
WEDDERBURN 60000 77500 80000 105000 130000 85000 80000^ 140000 124000 124000 161500 152500^ 30 169 10.4
WENDOUREE 165000 177500 188000 183500 191000 191000 200000 227500 230000 227000 240000 246000 6 45 3.8
WERRIBEE 186000 209000 210000 219000 222000 240000 263500 307500 315000 300000 308000 290000 3 65 5.2
WERRIBEE SOUTH 288500 335000 390000 350000 382500 347000 420000^ 399000 436000 440000 460000 NA 5 59 4.8
WESBURN 190000 217500 231000 229000 262500 272500 286000^ 330000^ 327000^ 290000^ 312500 NA 8 64 5.1
WEST FOOTSCRAY 297500 300500 301000 321000 395000 433500 473500 558500 515000 530000 547500 575000 3 84 6.3
WEST MELBOURNE 401000 470000 400000 518000 570000 560000 730000 804500 674000 670000 858000 500000^ 28 114 7.9
WEST WODONGA 215000 244000 250000 270000 269000 255000 266000 281500 275000 268500 272500 306000 1 27 2.4
WESTMEADOWS 249500 275000 275000 271500 267000 295000 345000 410000 397500 377500 390000 410000 3 56 4.6

A Guide to Property Values 2013 Page 66

 Median House Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
WHEELERS HILL 380000 400000 402000 423500 520000 545500 615000 686500 650000 667500 751000 720000 13 98 7.0
WHITE HILLS 165000 182500 197000 205500 213500 205000 219000 255000 265000 273000 280000 260000^ 3 70 5.4
WHITTINGTON 164500 182000 194000 178000 190000 210000 207500 245000 265000 252000 259500 282500 3 58 4.7
WHITTLESEA 247500 280000 293500 292500 310000 319000 330000 345000 371500 365000 370000 385000^ 1 49 4.1
WILLIAMS LANDING 110000 ^ 380000 290000 346000^ 328000 329000 355000 367500 371000 450000 517500 480000 15 370 16.7
WILLIAMSTOWN 564000 544000 620500 600000 750000 749000 800000 884000 897500 910000 895000 847500 -2 59 4.7
WILLIAMSTOWN NORTH 372000 410000 409000 441500 521000 498500 500000 680000 839000 680000 783500 705000^ 15 111 7.7
WIMBLEDON HEIGHTS 179500 197000 187500 210000 266000 252500 260000 299000 259000^ 290000 271500 242000^ -6 51 4.2
WINCHELSEA 155500 166000 199000 210000 177500 205000 207000 235000 260000 268500 283000 336000^ 5 82 6.2
WINDSOR 480000 516000 489000 585000 727500 731500 781500 856000 822000 825000 860000 933000^ 4 79 6.0
WODONGA 190500 210000 226500 245000 240000 245000 240000 262000 277500 255500 279000 270000 9 47 3.9
WOLLERT - 448000^ 550000^ 470000^ 470000 470000 403000^ 425000^ 450000 410000 400000 400000 -2 0 NA
WONGA PARK 495000 479500 498500 527500 625000 672500 686000 621500 675000 620000 674500 515000^ 9 36 3.1
WONTHAGGI 155000 186000 194000 198000 220000 230000 250000 275000 265000 229000 232000 247500 1 50 4.1
WOODEND 230000 255000 259000 305000 325000 350000 347000 510000 486000 430000 470000 445000^ 9 104 7.4
WOOLAMAI WATERS 192500 210000 235000 220000^ 265000 263000 280000 334000 322000^ 385000^ 390000 620000^ 1 103 7.3
WOOMELANG 32000 ^ 59000^ 55000^ 92500^ 65000^ 59000^ 74500^ 80000^ 98000^ 60000^ 46000 NA -23 44 3.7
WOORI YALLOCK 180000 197000 198000 211500 220000 260000 280000 300000 312000 315000 330000 330000^ 5 83 6.2
WY YUNG 208000 250000 320000 252500 275000 320000 253000 287500 288500 325000 285000 290000^ -12 37 3.2
WYCHEPROOF 39500 38500 56000 100000^ 102500^ 91000^ 115000^ 86000^ 86000 96500 95000^ 125000^ -1 141 9.2
WYNDHAM VALE 178000 199500 200000 225000 221000 249500 280000 317000 328000 310000 306000 305000 -1 72 5.6
YACKANDANDAH 204500 230000 252000 262500 246000 220000 225000^ 289000 295000^ 272500 327500 357500^ 20 60 4.8
YALLAMBIE 337000 320000 335000 345500 371000 410000 442500 507000 506000 471000 532500 545000^ 13 58 4.7
YALLOURN NORTH 82000 90000 100500 96000 117000 128000 122500 145000 139000 161000 137500 122500^ -14 68 5.3
YARRA GLEN 245000 279000 276000 291500 320000 321500 375000 420000 430000 395000 420000 426500^ 6 71 5.5
YARRA JUNCTION 202500 205000 220000 321000 256000 316500 292000 350000 370000 397000 406500 328500^ 2 101 7.2
YARRAGON 140000 165000 187000 177500 200000 190000 201000 206500 255000 266000 258000 295000^ -3 84 6.3
YARRAM 112500 141000 157000 180000 172500 183000 185000 166500 201000 215000 190000 251000^ -12 69 5.4
YARRAVILLE 356000 342000 365000 385000 490000 507500 540500 644000 610000 610500 700000 649000 15 97 7.0
YARRAWONGA 198000 245000 255000 260000 269500 275000 274000 297000 270000 300000 291500 271000 -3 47 3.9
YEA 170000 210000 217500 220000 206000 220000 220000 240000 270000 255000 255000 269000^ 0 50 4.1
YINNAR 130000 148500 155000 155000 165000^ 200000 183000 280500^ 208000^ 221500 220000^ NA -1 69 5.4

A Guide to Property Values 2013 Page 67

 1 Year Change in Median House Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton

Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Valley
Valley
Manningham
Manningham
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Port
Port Phillip
Port Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Phillip
Hobsons
Hobsons Bay
Hobsons Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen
Glen
Glen Eira
Eira
Eira Monash
Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater
Greater Geelong
Geelong
Geelong
Geelong
Greater
Greater
Greater
Greater
Greater
Dandenong
Dandenong
Dandenong
% Change in Median
House Price 2012 to 2013
Greater than 15
Casey
Casey
Casey 10 to 15
Casey
Casey
Casey Cardinia
Cardinia
Cardinia
Cardinia
5 to 10
0 20 0 to 5
Frankston
Frankston
Frankston -5 to 0
kilometres -10 to -5
Less than -10
Insufficient Data

A Guide to Property Values 2013 Page 68

 1 Year Change in Median House Price (Non-Metro)

% Change in Median
House Price 2012 to 2013
Greater than 15
Swan
Swan
10 to 15
Mildura
Mildura
Mildura Swan
Hill
Hill
Hill
5 to 10
0 to 5
-5 to 0
-10 to -5
Less than -10
Insufficient Data

Gannawarra
Gannawarra
Gannawarra
Buloke
Buloke
Buloke Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Moira
Moira
Moira
Moira
Moira
Moira
Yarriambiack
Yarriambiack
Yarriambiack
Campaspe
Campaspe
Campaspe
Greater
Greater
Greater
Greater
Greater
Greater Indigo
Indigo
Indigo
Indigo
Loddon
Loddon
Loddon Shepparton
Shepparton
Shepparton Towong
Towong
Towong
Benalla
Benalla
Benalla

Northern
Northern
Northern
Northern
Northern
Northern Wangaratta
Wangaratta
Wangaratta
West
West
West
West
West
West Horsham
Horsham
Horsham
Horsham
Horsham
Horsham Grampians
Grampians
Grampians
Grampians Greater
Greater
Greater Bendigo
Greater
Greater
Greater Bendigo
Bendigo
Bendigo
Bendigo Strathbogie
Strathbogie
Strathbogie
Wimmera
Wimmera
Wimmera
Wimmera Alpine
Alpine
Alpine
Alpine
Central
Central
Central
Central
Central
Central
Goldfields
Goldfields
Goldfields Mount
Mount
Mount
Mount
Mount
Mount
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Alexander
Alexander
Alexander

Mansfield
Mansfield
Mansfield
Hepburn
Hepburn Macedon
Macedon
Macedon
Pyrenees
Pyrenees
Pyrenees Hepburn Murrindindi
Murrindindi
Murrindindi
Ranges
Ranges
Ranges
Ranges
Southern
Southern
Southern Ararat
Ararat
Ararat
Ararat Ballarat East
East
East Gippsland
Gippsland
Gippsland
Southern Ballarat
Ballarat
Grampians
Grampians
Grampians
Grampians
Grampians Moorabool
Moorabool
Moorabool
Moorabool
Moorabool
Yarra Ranges
Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Ranges
Golden
Golden
Golden
Golden
Golden Plains
Plains
Plains
Golden Plains
Plains
Plains Wellington
Wellington
Wellington
Glenelg
Glenelg
Glenelg
Glenelg
Glenelg Baw
Baw Baw
Baw Baw
Baw
Greater Geelong
Greater
Greater Geelong
Geelong
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Moyne
Moyne
Moyne
Moyne
Moyne Corangamite
Corangamite
Corangamite
Corangamite
Corangamite
Surf Coast
Surf
Surf Coast
Coast Mornington
Mornington
Mornington La Trobe
La
La
La Trobe
Trobe
Trobe
Trobe
Surf Coast
Coast
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Colac
Colac
Colac
Colac
Colac Bass
Bass
Bass
Bass
Bass
Bass South
South
Queenscliffe
Queenscliffe
Queenscliffe South
South
South
Queenscliffe
Queenscliffe
Queenscliffe Coast
Coast
Coast
Warrnambool
Warrnambool
Warrnambool Otway
Otway
Otway Coast
Coast Gippsland
Gippsland
Gippsland
Warrnambool
Warrnambool
Warrnambool

0 100

kilometres

A Guide to Property Values 2013 Page 69

 10 Year Change in Median House Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton
Melton
Melton
Melton

Moreland
Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra Ranges
Yarra Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Boroondara
Boroondara
Boroondara
Port Phillip
Port
Port Phillip
Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Hobsons Bay
Hobsons
Hobsons Bay
Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen Eira
Glen
Glen Eira
Eira Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater Geelong
Geelong
Geelong
Geelong
Greater
Greater
Greater
Greater % Change in Median House
Dandenong
Dandenong
Dandenong
Dandenong
Dandenong
Dandenong Price 2003 to 2013
Greater than 155
140 to 155
125 to 140
Casey
Casey
Casey 110 to 125
Cardinia
Cardinia
Cardinia
95 to 110
0 20 80 to 95
Frankston
Frankston
Frankston
65 to 80
kilometres 50 to 65
0 to 50
Insufficient Data

A Guide to Property Values 2013 Page 70

 10 Year Change in Median House Price (Non-Metro)

% Change in Median House

Price 2003 to 2013
Greater than 140
Swan
Swan
125 to 140
Mildura
Mildura
Mildura Swan
Hill
Hill
Hill
110 to 125
95 to 110
80 to 95
65 to 80
50 to 65
35 to 50
0 to 35
Gannawarra
Gannawarra
Gannawarra Insufficient Data
Buloke
Buloke
Buloke Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Moira
Moira
Moira
Moira
Moira
Moira
Yarriambiack
Yarriambiack
Yarriambiack
Campaspe
Campaspe
Campaspe
Greater
Greater
Greater
Greater
Greater
Greater Indigo
Indigo
Indigo
Indigo
Loddon
Loddon
Loddon Shepparton
Shepparton
Shepparton Towong
Towong
Towong
Benalla
Benalla
Benalla

Northern
Northern
Northern
Northern
Northern
Northern Wangaratta
Wangaratta
Wangaratta
West
West
West
West
West
West Horsham
Horsham
Horsham
Horsham
Horsham
Horsham Grampians
Grampians
Grampians
Grampians Greater
Greater
Greater Bendigo
Greater
Greater
Greater Bendigo
Bendigo
Bendigo
Bendigo Strathbogie
Strathbogie
Strathbogie
Wimmera
Wimmera
Wimmera
Wimmera Alpine
Alpine
Alpine
Alpine
Central
Central
Central
Central
Central
Central
Goldfields
Goldfields
Goldfields Mount
Mount
Mount
Mount
Mount
Mount
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Alexander
Alexander
Alexander

Mansfield
Mansfield
Mansfield
Hepburn
Hepburn Macedon
Macedon
Macedon
Pyrenees
Pyrenees
Pyrenees Hepburn Murrindindi
Murrindindi
Murrindindi
Ranges
Ranges
Ranges
Ranges
Southern
Southern
Southern Ararat
Ararat
Ararat
Ararat Ballarat East
East
East Gippsland
Gippsland
Gippsland
Southern Ballarat
Ballarat
Grampians
Grampians
Grampians
Grampians
Grampians Moorabool
Moorabool
Moorabool
Moorabool
Moorabool
Yarra Ranges
Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Ranges
Golden
Golden
Golden
Golden
Golden Plains
Plains
Plains
Golden Plains
Plains
Plains Wellington
Wellington
Wellington
Glenelg
Glenelg
Glenelg
Glenelg
Glenelg Baw
Baw Baw
Baw Baw
Baw
Greater Geelong
Greater
Greater Geelong
Geelong
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Moyne
Moyne
Moyne
Moyne
Moyne Corangamite
Corangamite
Corangamite
Corangamite
Corangamite
Surf Coast
Surf
Surf Coast
Coast Mornington
Mornington
Mornington La Trobe
La
La
La Trobe
Trobe
Trobe
Trobe
Surf Coast
Coast
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Colac
Colac
Colac
Colac
Colac Bass
Bass
Bass
Bass
Bass
Bass South
South
Queenscliffe
Queenscliffe
Queenscliffe South
South
South
Queenscliffe
Queenscliffe
Queenscliffe Coast
Coast
Coast
Warrnambool
Warrnambool
Warrnambool Otway
Otway
Otway Coast
Coast Gippsland
Gippsland
Gippsland
Warrnambool
Warrnambool
Warrnambool

0 100

kilometres

A Guide to Property Values 2013 Page 71

 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

ABBOTSFORD 337500 333000 400000 392000 435000 370000 670000 502000 523500 575000 497000 443000 -14 47 3.9
ABERFELDIE 326000 326000 455000 325000 483500 331000 515000 500000 575000 ^ 511500 616000 1220000^ 20 89 6.6
AIRPORT WEST 255500 275000 285000 310000 327500 358000 390000 422500 440000 435000 485000 491000 ^ 11 90 6.6
ALBERT PARK 425000 480000 392000 445000 494500 439000 662000 834000 726000 790000 645000 705500 ^ -18 52 4.3
ALBION 123000 140000 147500 145000 149000 162500 214000 253000 237500 232000 229000 279000 ^ -1 86 6.4
ALEXANDRA 127500 ^ 154500 ^ 175000 ^ 218000 ^ 230000 191500 ^ 166000 ^ 210000 ^ 177500 207500 210000 ^ 254000 ^ 1 65 5.1
ALFREDTON 160000 153000 180000 182000 223000 198500 202000 223500 256000 305500 177500 285000 ^ -42 11 1.1
ALPHINGTON 280000 303500 296000 281000 336500 317500 335000 484000 670000 467500 516500 587500 ^ 11 85 6.3
ALTONA 249000 235000 276000 278500 295500 330000 365000 420000 430000 400000 475000 440500 19 91 6.7
ALTONA MEADOWS 216000 228000 206000 224000 235000 266000 296000 328500 350000 317500 320000 315000 ^ 1 48 4.0
ALTONA NORTH 190000 156000 200000 260000 314000 255000 410000 432500 464000 465000 451000 470000 ^ -3 137 9.0
ANGLESEA 320000 300000 406500 240500 355000 ^ 475000 392500 450000 540000 462500 405000 766500 ^ -12 27 2.4
APOLLO BAY 350000 439500 354000 272500 375000 480000 410500 395000 392500 350000 390000 155000 ^ 11 11 1.1
ARARAT 115000 95500 116500 180000 ^ 108500 153000 135000 126000 242500 250000 172000 246500 ^ -31 50 4.1
ARDEER 210000 ^ 210000 ^ 153000 ^ 215000 163000 265000 ^ 303500 320000 ^ 310000 340000 292500 292000 ^ -14 39 3.4
ARMADALE 319500 312500 332000 338000 403000 440500 487500 535000 531000 541500 565000 472500 4 77 5.9
ASCOT VALE 267500 279000 255000 300500 360000 365000 425000 495500 495000 431000 420000 440000 -3 57 4.6
ASHBURTON 404500 398000 462500 430000 500000 615000 612000 628000 752500 653500 630500 714000 ^ -4 56 4.5
ASHWOOD 280000 338000 350000 377000 430000 463500 547500 524500 552500 564000 629000 562500 ^ 11 125 8.4
ASPENDALE 290000 282500 300000 323000 365000 415000 465000 512500 464000 476000 513000 521500 ^ 8 77 5.9
AVONDALE HEIGHTS 272000 272000 270000 297500 328500 358000 382000 420000 495000 426000 472500 438000 ^ 11 74 5.7
BACCHUS MARSH 190000 209000 204000 117000 157000 231500 207000 255000 255000 280000 251500 NA -10 32 2.8
BAIRNSDALE 139000 164500 169500 190000 167500 171500 195000 193500 215000 195000 190000 245000 -3 37 3.2
BALACLAVA 302500 275000 291500 285000 365000 375000 425000 477500 447500 474000 469500 527500 ^ -1 55 4.5
BALLARAT CENTRAL 157000 135000 154000 159000 159000 171000 186500 214000 216000 220500 245000 282500 ^ 11 56 4.6
BALLARAT EAST 140000 157500 201500 172500 190000 182000 215000 213500 232000 247000 220000 227000 ^ -11 57 4.6
BALLARAT NORTH 155000 162500 156500 205000 225000 220000 200000 241000 226500 212500 226000 195500 ^ 6 46 3.8
BALWYN 321000 405000 383000 355000 507000 517000 566000 635000 570500 529000 650000 430000 23 102 7.3
BALWYN NORTH 427500 417000 496500 500000 600000 515500 735000 675000 665000 605500 775000 533000 ^ 28 81 6.1
BANNOCKBURN 204500 ^ 233000 ^ 217500 ^ 275000 ^ 256500 ^ 214000 ^ 232500 270500 267000 ^ 148000 280000 ^ 287500 ^ 89 37 3.2
BARWON HEADS 277000 310000 360000 385000 455000 482500 405000 530000 550000 635000 585000 456500 ^ -8 111 7.8
BAYSWATER 209000 233500 243500 244000 271500 302500 337500 390000 376500 360000 359500 381000 0 72 5.6
BAYSWATER NORTH 180000 193000 201000 209000 235000 265500 287000 334000 326000 320000 320000 342500 0 78 5.9
BEACONSFIELD 172500 237000 214500 210000 255000 253000 256000 335000 303000 ^ 322000 357500 275500 ^ 11 107 7.6
BEAUMARIS 370000 445000 439000 430000 640000 541000 665000 680000 710000 740000 762500 831500 3 106 7.5
BELL PARK 184500 205000 215500 210000 224000 238000 264500 279000 272000 298000 310000 330000 ^ 4 68 5.3
BELL POST HILL 157500 ^ 180000 ^ 224000 207500 ^ 209000 ^ 237500 ^ 227000 ^ 190000 242500 259000 ^ 282500 NA 9 79 6.0
230000 ^
BELLFIELD (GREATER MELBOURNE) 230000 * 252000 ^ 265000 ^ 376500 ^ 380500 ^ 375000 ^ 399500 ^ 462500 ^ 500000 ^ 519000 430000 ^ 4 126 8.5
BELMONT 182000 209000 215000 217500 222000 239000 250000 275000 280000 273000 295000 238500 8 62 4.9
BENALLA 144000 159000 160000 166500 172500 178000 158000 180000 175000 176000 167500 191500 ^ -5 16 1.5
BENDIGO 167500 161000 190000 207500 209000 174000 270000 290500 273500 223500 278000 180000 ^ 24 66 5.2
BENTLEIGH 350000 359500 320000 371000 449000 462500 524000 600000 570500 521000 592500 528000 14 69 5.4
BENTLEIGH EAST 330000 320500 356000 390000 441000 462500 509000 582000 567500 518000 616500 620000 19 87 6.4
BERWICK 250000 260000 269000 270000 276500 292500 350000 343000 365500 360000 347000 346500 -4 39 3.3
BITTERN 185000 ^ 180000 ^ 214500 ^ 239000 ^ 245000 ^ 267500 ^ 255000 ^ 350000 ^ 330000 ^ 344500 ^ 325000 275000 ^ -6 76 5.8
BLACK HILL 188500 220000 ^ 216000 ^ 225000 ^ 186500 139500 ^ 225000 268500 ^ 290000 222000 240000 215500 ^ 8 27 2.4
BLACK ROCK 350000 395000 392000 460000 625000 515000 656000 668500 662000 634000 694000 585000 9 98 7.1
BLACKBURN 302000 325000 335000 330000 390000 434000 451000 499500 475000 528500 510000 545000 ^ -4 69 5.4
BLACKBURN NORTH 279500 292500 306500 323000 355000 405000 440000 537500 520000 476000 526000 344000 ^ 11 88 6.5
BLACKBURN SOUTH 310000 300000 316000 315000 370500 400000 488000 521000 518500 495000 595000 540000 ^ 20 92 6.7
BONBEACH 197500 220000 228000 263000 286000 293000 335000 384000 415000 366000 405000 377000 11 105 7.4
BORONIA 218000 235000 250000 252000 275000 303000 345000 373000 363000 365000 380000 380500 4 75 5.7
BOX HILL 270000 263000 259000 305000 246500 360500 302500 450000 410000 393000 452000 446000 15 67 5.3
BOX HILL NORTH 280500 280000 325000 320500 395000 417500 480000 550500 552500 490000 590000 647500 20 111 7.7
BOX HILL SOUTH 320000 335000 310500 329500 363500 417500 490000 540000 515000 533000 572500 615000 ^ 7 79 6.0
BRAYBROOK 232500 225000 230500 230000 286500 280000 325000 366500 355000 350000 350000 387500 ^ 0 51 4.2
BREAKWATER 125000 ^ 130000 ^ 135000 ^ 125000 ^ 149500 ^ 143000 ^ 255000 175000 ^ 290000 ^ 225500 308000 ^ 245000 ^ 37 146 9.4
BRIAR HILL 280500 278000 275000 283500 307000 315500 385000 456000 501500 440000 444000 474500 ^ 1 58 4.7
BRIGHT 180000 192500 230000 200000 239500 250000 242000 253500 ^ 234000 225000 208500 245000 ^ -7 16 1.5
BRIGHTON 493500 487500 535000 530500 550500 610000 637500 765000 778000 780000 774000 897500 -1 57 4.6
BRIGHTON EAST 415000 510000 450000 485000 587500 611000 575500 687500 692000 657500 723500 575000 ^ 10 74 5.7
BROADMEADOWS 146500 200000 210000 212000 215500 258000 290000 330000 316000 285000 275000 232500 ^ -4 88 6.5
BROOKLYN 250000 185000 259500 282500 280500 248000 328000 372000 372000 379000 392500 340500 ^ 4 57 4.6
BROWN HILL 147000 ^ 190000 219500 ^ 195000 204000 203500 219000 220000 242500 260000 251000 200000 ^ -3 71 5.5
BRUNSWICK 280000 263000 270000 295500 375000 390000 434000 435000 432500 428500 427500 471000 0 53 4.3
BRUNSWICK EAST 346000 336000 298000 300000 374000 407500 482500 481500 480000 445000 485500 572000 9 40 3.4
BRUNSWICK WEST 225000 219000 220000 240000 265000 311500 351000 395000 375000 404000 385000 350000 -5 71 5.5

A Guide to Property Values 2013 Page 72

 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

BULLEEN 315000 320000 337500 353000 444000 424000 470000 526000 578000 489000 610000 473000 ^ 25 94 6.8
BUNDOORA 257000 235000 250000 273000 295000 330000 365000 375000 425000 365500 430000 450000 18 67 5.3
BURWOOD 341000 351000 358000 373000 352000 420000 477500 545000 528000 539500 564000 590000 5 65 5.2
BURWOOD EAST 320500 295000 315000 312500 380000 380000 439000 514500 428000 492000 559500 530000 ^ 14 75 5.7
CALIFORNIA GULLY 147500 ^ 130000 ^ 147500 ^ 181000 173000 137500 152500 189000 171000 180000 250000 320000 ^ 39 69 5.4
CAMBERWELL 340000 373000 349000 395000 492000 500000 530000 634000 668000 596000 643500 674500 ^ 8 89 6.6
CANADIAN 169000 114500 189000 222500 196000 208000 210000 239500 235000 255000 245000 248000 ^ -4 45 3.8
CANTERBURY 395500 514000 360000 680000 750000 500000 550000 646000 795000 620000 727500 650000 ^ 17 84 6.3
CARLTON 240000 240000 256000 268000 239500 225000 242000 290000 389000 345000 360000 225000 4 50 4.1
CARLTON NORTH 310000 295000 319000 331000 380000 397500 430000 538500 500000 467000 505000 585000 ^ 8 63 5.0
CARNEGIE 265000 280000 292000 326500 323500 374500 430000 475000 460000 430000 450000 421000 5 70 5.4
CAROLINE SPRINGS 242000 265000 140000 ^ 220000 ^ 295000 305000 335000 373500 395000 367000 337500 382000 ^ -8 39 3.4
CARRUM 282500 260000 269000 267500 335000 343500 360000 440000 425000 420000 425500 427000 ^ 1 51 4.2
CARRUM DOWNS 189000 223500 231000 245000 239000 253000 268500 300000 310000 310000 310000 300000 0 64 5.1
CASTLEMAINE 157500 215000 192500 210000 210000 205000 228000 257500 244000 315000 311500 225000 ^ -1 98 7.1
CAULFIELD 400000 320000 325000 420000 424000 494000 519000 572500 625000 600000 573000 702500 ^ -5 43 3.7
CAULFIELD EAST 279000 250000 390000 332000 ^ 287000 335000 340000 525500 442500 375000 385000 420000 ^ 3 38 3.3
CAULFIELD NORTH 332500 350000 336000 370000 435000 434000 504500 549000 507500 526000 581000 652000 10 75 5.7
CAULFIELD SOUTH 382000 400000 415000 478500 517500 493500 494000 645000 617500 613500 640000 740000 ^ 4 68 5.3
CHADSTONE 302500 315000 352500 370000 427000 425000 495000 551000 510000 543500 565000 533500 ^ 4 87 6.4
CHELSEA 231000 222500 241000 243000 301500 301000 330000 420000 375000 390000 397500 395000 2 72 5.6
CHELSEA HEIGHTS 245000 190000 ^ 245000 325000 342000 302500 325000 ^ 375000 ^ 392000 295000 362000 407500 ^ 23 48 4.0
CHELTENHAM 269000 269000 273000 304000 355000 368000 405000 444000 442500 410000 469000 480000 14 74 5.7
CHELTENHAM EAST 238500 ^ 250000 320000 300000 362000 339000 362000 452500 432500 ^ 401000 457000 ^ 320000 ^ 14 92 6.7
CHELTENHAM NORTH 250000 260500 280000 271000 275000 331000 380500 435000 431500 380000 394000 485000 ^ 4 58 4.7
CHIRNSIDE PARK 285000 ^ 285000 295000 252500 330000 385000 ^ 330000 437500 328000 ^ 337500 390000 463000 ^ 16 37 3.2
CLARINDA 228000 230000 246500 265000 317500 350000 370000 425000 440000 380000 437500 628500 ^ 15 92 6.7
CLAYTON 267000 249500 270500 291500 338500 365500 400000 397000 370000 417500 425000 462500 2 59 4.8
CLAYTON NORTH 221000 268000 311000 310000 345000 363500 ^ 460000 414000 440000 ^ 415000 ^ 486500 335000 ^ 17 120 8.2
CLAYTON SOUTH 215000 210000 230000 258000 292500 323000 332500 395000 390000 372500 425500 385000 ^ 14 98 7.1
CLIFTON HILL 328000 318500 409000 441000 350000 395000 507500 485000 630000 443500 540000 712500 ^ 22 65 5.1
CLYDE NORTH - - - - - 1125000^ 1125000 1125000 227500 ^ 225000 ^ 210000 NA -7 NA NA
COBRAM 130000 157000 150000 170000 149000 146500 175500 169000 ^ 150000 184000 176000 240000 ^ -4 35 3.1
COBURG 297000 278000 276000 300000 367500 369000 390000 417500 405000 417500 410000 402500 -2 38 3.3
COBURG NORTH 275000 257500 ^ 272500 255000 324500 350000 335000 422500 424000 450000 450000 481000 ^ 0 64 5.0
COLAC 140500 152500 180000 187500 219000 179000 205000 240000 208000 240000 240000 NA 0 71 5.5
COLLINGWOOD 345000 323500 360000 405000 445000 455000 460000 537500 540000 499000 550000 430000 ^ 10 60 4.8
CONNEWARRE 245000 ^ 475000 ^ 310000 ^ 310000 * 308000 ^ 300000 ^ 300000 * 382500 ^ 594000 380000 310000 NA -18 27 2.4
CORIO 140000 101000 164500 126000 164500 150000 210500 215000 202500 175500 270000 253000 ^ 54 93 6.8
COWES 269000 270000 249000 297000 330000 295000 285000 310000 310000 245000 315000 350000 ^ 29 17 1.6
CRAIGIEBURN 196500 222000 207500 225000 218000 241000 285000 325000 335000 330000 283500 287000 -14 44 3.7
CRANBOURNE 150000 165000 164000 170000 195000 207500 226500 248500 258000 249000 248000 250500 ^ 0 65 5.2
CRANBOURNE EAST 300000 ^ 228000 220000 ^ 244000 305000 284000 299000 310000 339000 355000 335000 276500 ^ -6 12 1.1
CRANBOURNE NORTH 163000 172000 177500 173000 207500 248000 270000 261000 288500 279000 250000 270000 ^ -10 53 4.4
CRANBOURNE WEST 153000 ^ 238500 205000 ^ 224500 230500 221500 250000 278000 ^ 275500 ^ 235000 199500 205500 ^ -15 30 2.7
CREMORNE 409500 370000 375000 497000 515000 481500 546000 625000 652000 550500 530000 610000 ^ -4 30 2.6
CRIB POINT 194500 ^ 199500 ^ 166000 210000 225000 246000 269000 280000 280000 280000 306000 277500 ^ 9 57 4.6
CROYDON 240000 240000 246500 252000 275000 295500 327000 372000 375000 366000 390000 381000 7 63 5.0
CROYDON NORTH 233500 253500 260000 260000 300000 320000 352000 385500 380000 385000 395000 410000 ^ 3 69 5.4
CROYDON SOUTH 236500 ^ 235000 235000 ^ 250000 275000 305000 375000 452000 386000 390000 406000 430000 ^ 4 72 5.6
DANDENONG 149500 165000 165000 180000 204000 233500 270000 288000 300500 292500 290000 297500 -1 94 6.9
DANDENONG NORTH 165000 180000 189500 220000 220000 252000 275000 302000 310000 311500 326500 287500 5 98 7.1
DARLEY 156000 ^ 167500 ^ 212500 ^ 195000 ^ 218000 ^ 210000 177500 257000 250000 205000 294000 ^ NA 43 88 6.5
DAYLESFORD 295000 ^ 215000 ^ 379500 221000 ^ 256500 270000 ^ 267500 234000 285000 316500 295000 NA -7 0 NA
DEER PARK 190000 199000 212500 205000 217000 245000 274500 305000 320000 304000 300000 300000 ^ -1 58 4.7
DELAHEY 208000 215000 210000 196500 226500 233000 ^ 273000 312500 316500 305000 306500 277500 ^ 0 47 4.0
DIAMOND CREEK 233500 250000 277500 265000 330500 352500 380000 382500 387500 405000 426000 420000 ^ 5 82 6.2
DINGLEY VILLAGE 261500 273500 285000 290000 330000 340000 387500 445000 417500 388500 442500 457500 ^ 14 69 5.4
DOCKLANDS 480000 425000 455500 523500 573500 507000 562000 627000 587500 550000 590000 562000 7 23 2.1
DONCASTER 352000 330500 380000 367000 450000 463000 470000 527000 520000 511000 577000 435500 13 64 5.1
DONCASTER EAST 357000 336000 350500 355000 410000 445000 500000 539500 535500 541000 608000 530000 12 70 5.5
DONVALE 310000 296000 335500 334500 370000 400000 445000 502500 491500 500000 520000 500000 ^ 4 68 5.3
DOVETON 151500 171000 175000 198000 200500 250000 293000 314000 300000 280000 283500 282500 ^ 1 87 6.5
DROMANA 280000 270000 343000 284000 279000 350000 365000 355000 372500 405000 445000 510000 10 59 4.7
DROUIN 137500 187500 210000 208000 219500 219000 205000 220000 228500 200000 230000 230000 ^ 15 67 5.3
DRYSDALE 174500 237500 226000 235000 240000 268000 255000 270000 261500 265000 260000 280000 ^ -2 49 4.1
EAGLEHAWK 142000 146500 ^ 171500 179000 195000 178000 183500 203500 225000 218000 227000 220000 ^ 4 60 4.8

A Guide to Property Values 2013 Page 73

 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

EAGLEMONT 335000 326000 460000 328000 480000 532500 640000 ^ 542000 602500 760000 612000 NA -19 83 6.2
EAST BENDIGO 192500 187500 ^ 217000 229000 239000 247000 ^ 228000 ^ 235000 250000 145000 277500 265000 ^ 91 44 3.7
EAST GEELONG 125000 ^ 185000 269500 225000 225000 179000 209000 235000 265000 302500 243000 226000 ^ -20 94 6.9
EAST MELBOURNE 380000 320000 353000 375000 467500 402500 500000 610000 525000 564000 627500 530000 11 65 5.1
ECHUCA 184000 195000 215000 215500 215000 219500 239000 230000 225000 245000 220000 267000 -10 20 1.8
EDITHVALE 267000 270500 283000 320000 355500 385000 394000 465000 460000 447500 490000 516000 ^ 9 83 6.3
ELSTERNWICK 325000 295000 325500 365000 380000 426500 470000 516000 506000 495000 494000 372000 ^ 0 52 4.3
ELTHAM 285000 290000 300000 310000 337000 355000 399000 454000 463500 443000 445000 436500 0 56 4.6
ELWOOD 350000 337500 359000 377000 442500 449000 465000 580000 535000 524000 551000 465000 5 57 4.6
ENDEAVOUR HILLS 220000 216500 222000 260500 259000 288500 347500 358500 330000 330000 330000 345000 ^ 0 50 4.1
EPPING 233000 233500 231500 239000 251000 270000 315000 313500 320000 301000 302500 341000 0 30 2.6
EPSOM - 220000 ^ 193000 ^ 285000 ^ 213000 ^ 239500 ^ 239500 * 261000 ^ 239500 ^ 290000 ^ 113000 265000 ^ -61 0 NA
ESSENDON 275000 273000 285000 300000 327000 358000 415000 450000 438000 412500 450000 405000 9 64 5.0
ESSENDON NORTH 238500 288000 250000 275500 282000 316500 407000 435000 479000 471500 444500 371000 ^ -6 86 6.4
EUMEMMERRING 162500 160000 ^ 185000 ^ 205000 194500 225000 235000 315000 300000 280500 296000 335000 ^ 6 82 6.2
EUROA 82000 ^ 152500 ^ 155000 ^ 175000 ^ 144500 142500 ^ 160000 ^ 150000 ^ 180000 ^ 183000 190000 155000 ^ 4 132 8.8
FAIRFIELD 205000 217500 201500 251500 291000 284000 357500 375000 389000 390000 412500 335000 6 101 7.2
FAWKNER 180000 223000 236500 221500 245000 265500 322500 355000 350000 375000 341000 350000 ^ -9 89 6.6
FERNTREE GULLY 211500 215000 228000 240500 258000 300000 328000 362000 360000 372000 369000 425000 -1 75 5.7
FITZROY 370000 400000 390000 384000 440000 499000 536000 593500 560000 575000 595000 670000 3 61 4.9
FITZROY NORTH 360000 350000 350000 409000 459500 475000 497500 601000 505000 501500 535000 310500 ^ 7 49 4.0
FLEMINGTON 197500 232500 224000 224000 279000 302000 308500 392500 375000 400000 348000 281000 ^ -13 76 5.8
FLORA HILL 164000 170000 176000 175000 192000 180000 199500 209500 235000 224000 270000 272500 ^ 21 65 5.1
FOOTSCRAY 198500 293000 197000 183000 289000 245000 360000 375000 336500 378500 370000 310000 -2 87 6.4
FOREST HILL 266500 262000 285000 317000 358000 340000 466500 468500 430500 441500 528000 687000 ^ 20 98 7.1
FRANKSTON 170000 178000 190000 205000 215500 232500 240000 286000 282500 272500 281000 286000 3 65 5.2
FRANKSTON SOUTH 257500 267500 300000 277500 309500 321500 342000 422500 421000 410000 407500 350000 ^ -1 58 4.7
GARDENVALE 198000 ^ 209000 340000 185000 285000 306500 322500 354000 335000 352000 481500 411500 ^ 37 143 9.3
GEELONG 310000 311000 345000 322500 430000 460000 335000 455500 472500 473000 486500 493500 3 57 4.6
GEELONG WEST 190000 192000 193000 227000 192500 245000 243000 240000 293500 317000 265000 281000 ^ -16 39 3.4
GISBORNE 230000 260000 256000 248000 278500 281000 285000 335000 347000 330000 350000 359000 ^ 6 52 4.3
GLEN HUNTLY 291000 315000 300000 318000 335000 395000 390000 481000 469000 435000 501500 415000 15 72 5.6
GLEN IRIS 310000 319000 330500 362500 420000 420000 465000 585000 555000 530000 542500 511000 2 75 5.8
GLEN WAVERLEY 330000 323000 345000 372000 412500 421000 464000 492500 468000 520000 600000 581500 15 82 6.2
GLENROY 190500 229500 215000 236500 260000 300000 365000 387000 395000 380000 375000 392500 -1 97 7.0
GOLDEN POINT (BALLARAT) 162000 ^ 172000 ^ 152500 ^ 192000 ^ 187000 190000 ^ 231000 ^ 195000 ^ 221500 257500 220000 ^ 290000 ^ -15 36 3.1
GOLDEN SQUARE 172500 156000 187500 185000 181500 189000 212000 226000 235000 253000 267500 245000 ^ 6 55 4.5
GREENSBOROUGH 255000 247000 262500 280000 304000 350000 400000 425000 412000 440000 423000 333500 -4 66 5.2
GREENVALE 302500 ^ 282500 327500 317500 ^ 328500 305000 ^ 375000 390000 ^ 342500 ^ 332000 240000 262000 ^ -28 -21 -2.3
GROVEDALE 185000 157000 216000 225500 230000 240000 249000 269000 272500 285000 280000 296000 -2 51 4.2
HADFIELD 184000 227500 238500 231500 275000 265000 350000 376000 372500 375000 358500 371500 ^ -4 95 6.9
HALLAM 200000 191000 240000 238500 237500 240500 282000 320000 314500 345000 320000 340500 ^ -7 60 4.8
HAMILTON 126500 192500 229000 255000 ^ 206000 222500 208000 217000 ^ 220000 184500 148500 200000 ^ -20 17 1.6
HAMLYN HEIGHTS 164500 175000 190000 221000 250000 265000 255000 260000 310000 274000 321000 330500 ^ 17 95 6.9
HAMPTON 352500 376000 405000 415500 452000 527000 552000 680000 550000 595000 674500 577500 13 91 6.7
HAMPTON EAST 282500 311000 337000 359000 416000 374000 473500 515500 495000 541000 600000 610000 ^ 11 112 7.8
HAMPTON PARK 170000 178000 190000 192500 216500 235500 275000 283000 292500 278500 275000 275000 ^ -1 62 4.9
HASTINGS 160000 180500 179000 209000 230000 227500 235000 289000 330000 303500 253500 285000 ^ -17 58 4.7
HAWTHORN 320000 288000 300000 307500 395000 360000 369000 479000 481500 485000 480500 472000 -1 50 4.1
HAWTHORN EAST 341000 338000 295000 345500 430000 442000 458000 664500 550000 526500 550000 562500 4 61 4.9
HEALESVILLE 166000 197000 211500 215000 257500 284000 292500 307500 310000 350000 330000 330000 ^ -6 99 7.1
HEATHCOTE 132500 ^ 85000 ^ 131000 102500 ^ 147000 ^ 127500 ^ 168000 ^ 160000 ^ 160000 * 247500 * 218500 ^ NA -12 65 5.1
HEATHERTON 373500 417500 279000 380000 ^ 290000 ^ 290000 215000 ^ 385000 ^ 342500 345000 399000 457500 ^ 16 7 0.7
HEATHMONT 240000 240000 265000 270000 341000 338000 385000 401500 436500 404000 452500 440000 ^ 12 89 6.5
HEIDELBERG 279000 295000 306000 332500 360000 392000 435000 482500 475000 475500 503000 585000 ^ 6 80 6.1
HEIDELBERG HEIGHTS 271500 241500 272000 302000 327500 420000 445000 460000 440000 427500 450000 465000 ^ 5 66 5.2
HEIDELBERG WEST 257000 228000 226000 240000 300000 270000 370000 382500 365500 343500 372500 373500 ^ 8 45 3.8
HERNE HILL 126000 135000 143500 143500 155000 158000 171000 180000 186000 205000 211000 325000 ^ 3 67 5.3
HIGHETT 308000 306000 340000 340000 390000 415000 446500 505000 506000 502500 520000 520000 3 69 5.4
HIGHTON 222000 222500 237500 229000 238000 239500 264000 285500 299000 295000 305000 349500 3 37 3.2
HILLSIDE (MELTON) 232500 230000 235000 234000 236500 265000 284000 325000 325000 336000 320000 320000 ^ -5 38 3.2
HOPPERS CROSSING 190000 185000 196000 197000 198500 215000 239000 270000 272500 257500 250000 279000 ^ -3 32 2.8
HORSHAM 138000 179000 165000 175000 157500 180000 178500 205000 198000 188000 174500 217500 ^ -7 26 2.4
HUGHESDALE 280000 307500 305000 358000 392500 405500 422500 510000 475000 480000 516000 526000 8 84 6.3
HUNTINGDALE 223000 248000 185000 299000 290000 335000 337500 413500 371000 ^ 540000 ^ 485000 NA -10 117 8.1
INVERLOCH 285000 320000 298000 237500 352500 350000 325000 395000 402000 305000 318000 390000 ^ 4 12 1.1
IRYMPLE 154000 ^ 92500 ^ 132500 ^ 153000 144000 194500 195500 ^ 154000 ^ 100000 ^ 65000 153000 116000 ^ 135 -1 -0.1

A Guide to Property Values 2013 Page 74

 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

IVANHOE 318000 335000 320000 339000 389000 475000 510000 560000 576500 520000 572500 491000 10 80 6.1
IVANHOE EAST 270000 331000 295000 350000 327000 370000 ^ 435000 565000 451000 685000 567500 NA -17 110 7.7
JOLIMONT 377000 385500 480000 565000 350000 565000 378000 705000 699500 550500 ^ 681500 370000 ^ 24 81 6.1
JUNCTION VILLAGE 212500 235000 232500 252000 255000 249000 255500 246500 272500 ^ 280000 ^ 229500 215000 ^ -18 8 0.8
KALIMNA 107000 ^ 149000 ^ 197000 ^ 425000 ^ 188500 ^ 228000 ^ 355000 ^ 176500 ^ 305000 ^ 102000 134000 ^ 303000 ^ 31 25 2.3
KANGAROO FLAT 164000 172500 170000 220000 177000 195000 205000 198000 226500 207000 229000 220000 ^ 11 40 3.4
KEILOR DOWNS 212500 215000 239000 220000 240000 267500 300000 295000 375000 329000 318000 NA -3 50 4.1
KEILOR EAST 277500 270000 290500 270000 352000 350000 399500 438500 448000 492500 540000 480000 ^ 10 95 6.9
KEILOR PARK 263000 ^ 265000 ^ 227500 ^ 304000 275000 478500 ^ 507000 440000 ^ 447000 ^ 351000 ^ 367000 416000 ^ 5 40 3.4
KENNINGTON 102500 196000 185000 184500 180000 180000 193500 220000 218500 235000 240000 255000 ^ 2 134 8.9
KENSINGTON 327000 312500 305000 315000 364000 371000 388000 460000 428000 410000 432500 420000 5 32 2.8
KEW 341000 340000 350000 383500 517500 482000 542500 635000 615000 599500 611000 675000 2 79 6.0
KEW EAST 302000 374500 387500 442000 571000 462500 573500 564000 649000 664000 712500 575000 ^ 7 136 9.0
KEYSBOROUGH 242500 237500 235000 242000 282000 250000 325000 420000 360000 354000 374000 390000 ^ 6 54 4.4
KILMORE 180000 175000 202500 192000 208500 208000 238000 247500 257500 249000 230000 238000 ^ -8 28 2.5
KILSYTH 210500 204000 230000 240500 265000 290500 325000 355000 377500 345000 367000 367500 6 74 5.7
KINGS PARK 175500 ^ 193500 192500 ^ 167500 ^ 200000 222000 ^ 255000 ^ 270000 ^ 294500 ^ 260000 262500 ^ 280000 ^ 1 50 4.1
KINGSBURY 189500 255000 197000 263000 267000 283000 332500 426500 427500 371500 362000 315000 ^ -3 91 6.7
KINGSVILLE 193500 172500 200000 189000 230500 316500 310000 350000 330500 386500 318500 347500 ^ -18 65 5.1
KNOXFIELD 237500 270000 275000 276000 296000 335500 394000 430000 411000 460000 451000 445000 ^ -2 90 6.6
KOO WEE RUP 170000 171000 ^ 205000 ^ 220000 220000 227000 252000 241000 220000 ^ 241000 228000 240000 ^ -5 34 3.0
KURUNJANG 146500 ^ 232500 ^ 174500 212000 200500 212500 220000 253000 243000 257500 250000 190000 ^ -3 71 5.5
KYABRAM 131500 156000 150000 127000 156000 192000 180000 167500 190000 199000 175000 202000 ^ -12 33 2.9
KYNETON 132500 180000 ^ 203000 175000 180500 191500 209000 235000 255000 268000 280000 295000 ^ 4 111 7.8
LAKE WENDOUREE 275000 210000 297000 294500 ^ 239000 ^ 265000 290000 345000 350000 347500 330000 322500 ^ -5 20 1.8
LAKES ENTRANCE 275000 272500 200000 278000 274500 245000 270000 224500 215000 225000 232000 178500 ^ 3 -16 -1.7
LALOR 201000 223000 222000 204500 210000 227000 280000 310000 321000 310000 310000 290000 ^ 0 54 4.4
LANGWARRIN 179000 195500 211000 210000 224500 244500 276500 290000 310000 300000 304500 293000 2 70 5.5
LARA 189000 203500 212000 192500 216000 248000 260500 238500 273000 265000 250000 246500 ^ -6 32 2.8
LAVERTON 160000 ^ 190000 ^ 150000 ^ 160000 ^ 121000 235000 ^ 255000 283000 ^ 298500 340000 290000 297500 ^ -15 81 6.1
LEONGATHA 175000 179000 217500 215000 240000 220000 204000 241500 275000 247500 270000 255500 ^ 9 54 4.4
LEOPOLD 185000 215000 210000 210000 217000 229000 238000 270000 287000 265000 285000 226000 ^ 8 54 4.4
LILYDALE 193000 203000 215000 225000 237000 291500 310000 347000 369000 357500 346000 357000 -3 79 6.0
LONG GULLY 135000 ^ 167500 ^ 195000 ^ 209000 ^ 285000 ^ 156000 ^ 188000 210000 ^ 227500 ^ 211500 212500 NA 1 57 4.6
LONGWARRY - - 166000 ^ 163500 ^ 175000 ^ 177500 ^ 160500 ^ 243500 238500 230000 222500 ^ NA -3 NA NA
LORNE 522500 455000 415500 650000 557500 555000 550000 600000 555000 597500 577500 474000 ^ -3 11 1.0
LOVELY BANKS 192000 ^ 180000 ^ 207500 ^ 355000 ^ 220000 224000 ^ 229000 ^ 249000 ^ 260000 ^ 260000 ^ 275000 NA 6 43 3.7
LOWER PLENTY 263000 240000 261000 253500 307500 341500 357000 420000 389500 385000 420000 385000 ^ 9 60 4.8
LYNBROOK - 79500 ^ 262000 ^ 295500 326500 145000 342000 ^ 376000 356500 ^ 380000 ^ 260000 NA -32 0 NA
MACLEOD 250000 296500 300000 315000 345000 382000 413000 465000 432500 414500 330000 155000 -20 32 2.8
MADDINGLEY 107500 ^ 142500 ^ 173000 ^ 140500 ^ 285000 ^ 158000 ^ 245000 265000 ^ 280500 208000 ^ 307500 200000 ^ 48 186 11.1
MAIDSTONE 250000 250000 288500 280000 350000 355000 370000 422000 395000 432500 420000 383000 -3 68 5.3
MALVERN 330000 293000 331000 395000 476000 447000 525000 585000 541500 700500 645000 690000 ^ -8 95 6.9
MALVERN EAST 310000 280500 325000 327500 420000 432500 376000 440000 500000 457500 585000 460000 28 89 6.6
MANIFOLD HEIGHTS 182500 164000 156000 195000 175000 201500 229500 255000 260500 304000 275000 295000 ^ -9 51 4.2
MANSFIELD 161500 160000 227500 247500 235500 235000 236000 258500 238000 293000 246500 262500 ^ -16 53 4.3
MARIBYRNONG 270000 278500 256000 281000 308000 363500 435000 495000 440000 432000 466500 450000 8 73 5.6
MARYBOROUGH 127000 133500 139500 151500 140000 163500 155000 163000 188000 185000 199500 180000 ^ 8 57 4.6
MCCRAE 200000 ^ 285000 ^ 388500 ^ 348000 261500 250000 ^ 343000 428500 610000 500000 502500 445500 ^ 1 151 9.7
MCKINNON 371500 400000 379000 395000 521000 452500 635000 711000 622500 606000 670000 680000 ^ 11 80 6.1
MEADOW HEIGHTS 195000 217500 200000 197500 202500 222000 255000 300000 295000 272500 270000 270000 ^ -1 38 3.3
MELBOURNE 317000 299500 314000 325000 355000 375000 391500 449500 440000 451000 440000 440000 -2 39 3.3
MELTON 156000 160000 155000 165000 167500 195000 225000 230000 250000 228500 221500 138500 ^ -3 42 3.6
MELTON SOUTH 135000 150000 144500 147000 175500 174000 207500 235000 235500 226500 200000 200000 ^ -12 48 4.0
MELTON WEST 153500 ^ 170000 200000 ^ 225000 215000 ^ 215000 248000 259000 270000 265000 265000 279000 ^ 0 72 5.6
MENTONE 231500 250500 250000 260000 340000 330000 361000 499500 435000 460000 470000 470000 2 103 7.3
MERNDA - - 325000 ^ 149000 ^ 187000 ^ 217500 ^ 325000 ^ 285000 318500 292500 295000 243000 ^ 1 NA NA
MIDDLE PARK 430000 448000 372500 493500 464000 579000 505000 635000 612500 530000 640000 812500 ^ 21 49 4.1
MILDURA 145000 144000 146500 155000 160500 160000 155500 166000 159500 147500 148000 185000 0 2 0.2
MILL PARK 230000 235000 235000 248000 257000 282000 305000 340000 355000 320000 340000 325000 ^ 6 48 4.0
MITCHAM 280000 290000 311000 305000 375000 400000 400000 461500 485000 487500 493000 515000 1 76 5.8
MOE 67000 87500 105000 114000 108500 117000 118000 127000 114000 134500 134000 115000 ^ 0 101 7.2
MONT ALBERT 305000 315000 395000 350000 410000 440000 477000 539000 540000 567000 595000 543000 ^ 5 95 6.9
MONT ALBERT NORTH 383500 430000 388000 420000 549500 500000 502500 601000 725000 645000 755000 977000 ^ 17 97 7.0
MONTMORENCY 272000 270000 270000 309500 337000 366000 405000 468000 470000 452000 463000 462000 ^ 2 70 5.5
MOONEE PONDS 305000 300000 302500 310000 342500 376000 410000 466000 465000 444000 480000 472500 8 57 4.6
MOORABBIN 285000 325000 301500 288000 324500 390000 450000 514000 483000 470000 495000 561500 ^ 5 74 5.7

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Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

MOOROOLBARK 197500 240000 230500 230000 270000 285000 320000 372500 368000 365000 371500 380000 2 88 6.5
MOOROOPNA 141500 169000 149000 170000 166000 155000 162500 140500 187000 169000 163000 159000 ^ -4 15 1.4
MORDIALLOC 247000 247500 260000 275000 329000 360000 414000 435000 450000 427000 430000 505000 1 74 5.7
MORNINGTON 245000 266000 292500 291000 329000 345000 348000 390000 428000 410000 435000 431500 6 78 5.9
MORWELL 92500 120000 146000 124500 130000 135000 130000 131000 144000 150000 160000 175000 ^ 7 73 5.7
MOUNT CLEAR 165500 116000 ^ 184500 232500 213000 202500 195000 225000 225000 278000 240500 NA -13 45 3.8
MOUNT ELIZA 250000 241000 292000 285000 302000 280500 347500 400000 385000 380000 445000 649500 ^ 17 78 5.9
MOUNT EVELYN 167500 225000 225000 ^ 240000 237500 320000 275000 320000 330000 370000 385000 325000 ^ 4 130 8.7
MOUNT HELEN 160500 ^ 160500 * 192000 ^ 215000 ^ 215000 215000 225000 ^ 239000 ^ 270000 ^ 295000 276000 ^ 305000 ^ -6 72 5.6
MOUNT MARTHA 270000 285000 233000 300000 315000 355000 382500 399000 385000 425000 450000 460000 6 67 5.2
MOUNT PLEASANT 106000 ^ 179000 ^ 212500 ^ 210000 ^ 65000 ^ 245000 ^ 218500 230000 ^ 249000 195000 250000 NA 28 136 9.0
MOUNT WAVERLEY 339000 340000 380000 404000 460000 473000 547500 610000 595000 563500 640000 616500 14 89 6.6
MULGRAVE 317500 262000 350500 320000 351000 411000 445500 515500 568500 478000 497000 413500 ^ 4 56 4.6
MURRUMBEENA 255000 200000 275000 267500 317500 330000 469500 437000 520000 505000 507000 475000 ^ 0 99 7.1
NAGAMBIE 122500 ^ 169000 ^ 186000 ^ 187000 ^ 260000 ^ 189000 ^ 240000 270000 262000 ^ 232500 282000 ^ 280000 ^ 21 130 8.7
NARRE WARREN 185000 190000 200000 209500 218000 232000 250000 284000 293000 305000 290000 287000 ^ -5 57 4.6
NARRE WARREN SOUTH 235000 230000 236500 238500 251000 293000 ^ 307500 340000 ^ 325000 ^ 360000 ^ 355000 NA -1 51 4.2
NEWBOROUGH 94500 122500 125000 140000 135000 205000 153000 99000 135000 157000 175000 170000 ^ 11 85 6.4
NEWCOMB 174000 185000 121000 160000 178000 184500 239500 232500 260000 265000 268500 265000 ^ 1 54 4.4
NEWPORT 160500 320000 319500 367500 402500 397500 475000 520000 515000 505500 510000 556500 1 218 12.3
NEWTOWN (GEELONG) 230000 182000 245000 207500 266000 221500 260000 315000 345000 307500 340000 249000 ^ 11 48 4.0
NIDDRIE 306000 317500 319000 341500 419000 375000 399000 544000 471000 470500 500000 552500 ^ 6 63 5.0
NOBLE PARK 167000 192500 190000 203000 226500 250000 281500 318500 305000 315000 320000 278000 2 92 6.7
NOBLE PARK NORTH 162000 ^ 175000 155000 ^ 214000 225000 216000 305000 345000 350000 315000 320000 305000 ^ 2 98 7.1
NORLANE 110000 163500 172000 ^ 159500 ^ 167500 182500 ^ 215000 224000 215500 212000 218000 242500 ^ 3 98 7.1
NORTH BENDIGO 143000 182500 209000 184500 207500 178000 215000 190000 231500 235000 228000 NA -3 59 4.8
NORTH GEELONG 191000 192000 270000 ^ 237000 216000 270000 ^ 222500 ^ 272000 325000 272000 184000 249000 ^ -32 -4 -0.4
NORTH MELBOURNE 318500 318000 300000 320000 342000 385000 350000 373000 395500 411000 448000 450000 9 41 3.5
NORTHCOTE 243500 247000 260000 268500 365000 360000 378500 442000 485000 452500 518000 556500 14 113 7.8
NOTTING HILL 288000 302500 308000 306500 335000 280000 335000 255500 310000 329500 453500 320000 ^ 38 57 4.6
NUMURKAH 96500 127500 156500 172500 150000 155000 167500 178000 159000 180000 170000 215000 ^ -6 76 5.8
NUNAWADING 239500 248000 260000 286000 316500 380000 390000 460000 445000 415000 470000 438000 13 96 7.0
OAK PARK 242500 250000 276000 291000 326500 390000 400000 446000 456000 425000 455500 481500 ^ 7 88 6.5
OAKLEIGH 289000 282000 270000 349000 375000 370000 403500 436000 415000 462500 451000 549000 ^ -2 56 4.6
OAKLEIGH EAST 300000 286000 337500 342500 395000 330000 446500 518000 548500 537000 575000 341000 ^ 7 92 6.7
OAKLEIGH SOUTH 237500 280000 256500 269500 350000 350000 432000 530000 488000 380500 470000 526000 ^ 24 98 7.1
OCEAN GROVE 280000 232500 277500 290000 315000 290000 335000 396000 400000 400000 410000 367500 3 46 3.9
OFFICER - 183500 ^ 183500 183500 192500 ^ 192500 * 335000 ^ 335000 ^ 372500 ^ 185000 ^ 160000 208000 ^ -14 0 NA
ORMOND 330000 274000 266000 312000 362000 353000 419000 467500 532500 484000 507000 498000 ^ 5 54 4.4
PAKENHAM 175000 199000 205000 220000 217000 235000 240000 268000 273500 270000 260000 257500 -4 49 4.1
PARKDALE 287500 265000 275500 285000 354000 385000 395000 476500 434000 489000 462500 490000 -5 61 4.9
PARKVILLE 305500 295000 310000 347500 405000 455000 446000 545000 512500 535000 565000 570000 ^ 6 85 6.4
PASCOE VALE 260500 280000 290000 301000 334500 377500 399000 445500 430000 432500 438000 430500 1 68 5.3
PASCOE VALE SOUTH 263500 310000 267500 260000 315000 320000 420000 495000 465000 457500 417500 500000 ^ -9 58 4.7
PATTERSON LAKES 302500 275000 285000 315000 320000 335500 382000 380000 411000 380000 390000 351500 3 29 2.6
PAYNESVILLE 159000 182000 254000 174500 230000 182000 259000 254000 267000 210000 236500 280000 ^ 13 49 4.1
POINT COOK 297000 ^ 280000 ^ 289500 250000 295000 298000 285000 315000 320000 322500 317000 298000 ^ -2 7 0.7
POINT LONSDALE 313500 352500 365000 312500 334500 370000 375000 475000 385000 365000 386500 392000 ^ 6 23 2.1
PORT FAIRY 295000 ^ 515000 ^ 265000 282500 305000 289000 ^ 331000 315000 ^ 377500 340000 ^ 460000 380000 ^ 35 56 4.5
PORT MELBOURNE 475000 462500 472000 465000 465000 530000 584000 618500 600000 630000 670000 682500 6 41 3.5
PORTARLINGTON 234000 240500 252500 250000 246000 289500 271500 319000 379000 299500 305000 290000 ^ 2 30 2.7
PORTLAND 120000 119000 170000 163000 145000 160000 139000 211000 220000 215500 152500 225000 ^ -29 27 2.4
PRAHRAN 319000 325000 330000 330000 360000 369000 385000 475000 480000 460000 507500 500000 10 59 4.8
PRESTON 259000 260000 275000 288500 331500 350000 394000 430000 431500 390000 430000 427500 10 66 5.2
REDAN 136000 151000 154500 156000 156000 175000 190000 187000 209500 209000 171500 179000 ^ -18 26 2.4
RESEARCH 258000 ^ 276500 265000 ^ 290000 ^ 327500 ^ 390000 442500 ^ 445000 ^ 425000 ^ 439500 ^ 546500 NA 24 112 7.8
RESERVOIR 229500 238000 230500 245000 272000 290000 340000 359000 365500 352500 369000 369000 5 61 4.9
RICHMOND 340000 330000 340000 362500 391000 429500 465000 510000 530000 539500 551000 520000 2 62 4.9
RIDDELLS CREEK 228000 ^ 216000 ^ 225000 ^ 239000 ^ 242500 ^ 257500 ^ 233500 261500 345000 ^ 329500 325000 ^ 285000 ^ -1 43 3.6
RINGWOOD 221000 230500 242000 254000 283000 310000 345000 387500 381000 370000 400000 441000 8 81 6.1
RINGWOOD EAST 223500 235000 232500 253500 284000 315000 340000 396500 387500 380000 390500 425500 ^ 3 75 5.7
RINGWOOD NORTH 252000 295000 325000 291000 332000 336000 410000 435000 511000 450000 431500 425000 ^ -4 71 5.5
RIPPONLEA 274500 257500 200000 279000 361000 332000 373000 425500 400000 433500 399500 441500 ^ -8 46 3.8
ROCHESTER 136500 ^ 130500 ^ 130000 ^ 162500 ^ 185000 ^ 222500 ^ 105000 ^ 125000 ^ 80000 ^ 168000 119500 ^ 220000 ^ -29 -12 -1.3
ROMSEY 160500 ^ 187500 ^ 180500 ^ 180000 ^ 257000 ^ 215000 ^ 240000 245000 ^ 277500 275000 300000 ^ NA 9 87 6.4
ROSANNA 280500 285000 293000 324000 346500 376500 417000 500000 503000 494500 535000 468000 ^ 8 91 6.7
ROSEBUD 225000 242500 231000 234000 290000 280000 290000 357500 345000 360000 350000 410000 ^ -3 56 4.5

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 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

ROSEBUD WEST 186000 210500 261000 230000 242500 280000 290000 297500 300000 310000 300000 346000 -3 61 4.9
ROWVILLE 285000 287500 286500 316000 308500 370000 376000 415000 402500 398000 447500 501500 ^ 12 57 4.6
ROXBURGH PARK 195000 225000 215000 225000 255000 312000 142000 335000 378000 ^ 290000 297500 320000 ^ 3 53 4.3
RYE 217500 227500 225000 255000 269000 270000 265000 294000 327500 430500 317500 315000 ^ -26 46 3.9
SAFETY BEACH 254000 330000 266000 317500 375000 310000 375000 443000 435000 375000 467000 405000 ^ 25 84 6.3
SALE 115000 140500 147500 170000 160000 170500 181500 197000 195000 230000 195000 223500 ^ -15 70 5.4
SANDRINGHAM 343500 380000 400000 497000 585000 456500 483000 585000 518000 579000 585000 785000 ^ 1 70 5.5
SEAFORD 190000 210000 220000 233000 258500 275000 280000 321000 338000 340000 349000 372000 3 84 6.3
SEBASTOPOL 130000 148000 155500 168000 169500 169000 199500 205000 198000 190000 209500 222500 ^ 10 61 4.9
SEDDON 207500 286000 313500 272500 330000 310000 332000 377500 404000 430000 437000 NA 2 111 7.7
SEYMOUR 100000 116500 157500 136000 182000 ^ 220000 150000 ^ 163500 181500 ^ 180000 158000 145000 ^ -12 58 4.7
SHEPPARTON 168000 173000 180000 209000 206000 221500 219000 200000 205000 225000 205000 202500 -9 22 2.0
SKYE 230000 ^ 249000 ^ 230000 252000 235000 250000 ^ 256500 314000 334000 268000 267000 365500 ^ 0 16 1.5
SOLDIERS HILL 180000 215000 ^ 205000 ^ 206000 ^ 160000 ^ 207500 ^ 195000 220000 177500 ^ 250000 197000 275000 ^ -21 9 0.9
SOMERVILLE 178500 204000 215000 204500 220000 240000 270000 279000 305000 293500 333000 334000 13 87 6.4
SORRENTO 650000 710000 650000 ^ 572500 800000 600000 730000 755000 ^ 875000 810000 ^ 945000 824000 ^ 17 45 3.8
SOUTH GEELONG 172500 ^ 227500 ^ 134000 193000 159500 202500 ^ 288000 ^ 251500 ^ 362500 ^ 322500 380000 ^ 130000 ^ 18 120 8.2
SOUTH KINGSVILLE 249000 203500 216000 262500 310000 337500 441000 370000 431000 404000 490000 425000 ^ 21 97 7.0
SOUTH MELBOURNE 400000 325000 372500 390000 433500 476500 505000 545000 520000 523500 530000 495000 1 33 2.9
SOUTH MORANG 255000 245000 271500 275500 272500 281500 319500 355500 348000 350000 320000 325000 ^ -9 25 2.3
SOUTH YARRA 335000 339500 355000 370000 450500 451000 458000 550000 505000 535000 543000 515000 1 62 4.9
SOUTHBANK 400000 360000 388500 424000 469000 470000 516000 556000 555000 525000 540000 582000 3 35 3.0
SPOTSWOOD 300000 267000 235000 ^ 338500 ^ 395000 352000 ^ 417000 489000 ^ 480000 406000 520000 615000 ^ 28 73 5.7
SPRING GULLY 143000 177000 168000 150000 180000 210000 175000 170000 206500 242500 205000 245000 ^ -15 43 3.6
SPRINGVALE 175000 192000 200000 205000 235000 270000 339000 385000 342000 350000 355000 330000 1 103 7.3
SPRINGVALE SOUTH 168000 185000 197500 199000 255000 272500 291000 335000 316500 305000 330000 388000 ^ 8 96 7.0
ST ALBANS 180000 180000 185000 190000 198500 220000 256000 307000 310000 295000 295000 266000 0 64 5.1
ST ALBANS PARK 156000 ^ 199000 177500 180000 235000 185000 221000 245000 255000 247500 261000 NA 5 67 5.3
ST KILDA 285000 300000 310000 320000 360000 400000 420000 480000 475000 455000 472000 499000 4 66 5.2
ST KILDA EAST 284500 270500 284000 310000 342000 365000 425000 480000 470000 482500 480000 485000 -1 69 5.4
ST KILDA WEST 248500 276500 291000 306000 353000 372000 371000 479000 475500 530000 471000 485000 ^ -11 89 6.6
ST LEONARDS 147000 285000 ^ 195000 205000 217000 240000 154000 257000 260500 295000 290000 286500 ^ -2 97 7.0
STAWELL 123500 129500 ^ 123000 ^ 138500 ^ 137000 185000 ^ 150000 96500 168500 ^ 122500 127000 ^ 135000 ^ 4 3 0.3
STRATHDALE 175000 164000 180000 185000 198000 203500 200000 245000 245000 260500 225000 255000 ^ -14 29 2.5
STRATHMORE 256500 325000 297000 366500 362500 367500 493500 565000 570000 517000 520500 454000 ^ 1 103 7.3
SUNBURY 219000 227000 233000 240000 240000 255000 260000 300000 310000 315000 300000 300000 -5 37 3.2
SUNSHINE 110000 190000 185000 197500 175000 222500 260000 268000 310000 317500 351500 375000 ^ 11 220 12.3
SUNSHINE NORTH 192500 194500 219500 203500 236000 240000 250000 312000 340000 285000 330500 368500 ^ 16 72 5.6
SUNSHINE WEST 214500 212000 232500 206500 245000 295000 298000 365000 345000 343500 335000 357500 ^ -2 56 4.6
SURREY HILLS 336000 325500 357000 375000 478500 452000 551000 610000 587000 601000 635000 652500 ^ 6 89 6.6
SWAN HILL 158500 161000 157000 185000 217000 190000 180000 200000 190000 190000 184500 133000 ^ -3 16 1.5
SYDENHAM 234000 232500 220000 216500 232500 246000 270000 295000 307000 313000 300000 306000 -4 28 2.5
TARNEIT 190000 ^ 227500 228000 230000 233000 245000 244500 275000 273500 288000 285000 290000 ^ -1 50 4.1
TATURA 145000 168000 166500 ^ 159500 188000 ^ 176000 168000 208000 ^ 205000 ^ 165000 166500 165000 ^ 1 15 1.4
TAYLORS HILL 235000 240000 ^ 229000 ^ 228500 ^ 264000 ^ 314000 ^ 300500 ^ 341000 ^ 367500 ^ 320000 ^ 345000 360000 ^ 8 47 3.9
TAYLORS LAKES 287500 280500 313000 ^ 235000 ^ 231000 304500 272000 372000 366000 350000 385000 ^ 345000 ^ 10 34 3.0
TEMPLESTOWE 368000 355000 362500 387500 459000 408500 500000 605000 540000 585500 588000 640000 ^ 0 60 4.8
TEMPLESTOWE LOWER 360000 300000 385000 365500 442500 453000 474000 530000 538000 534000 552500 620000 ^ 4 53 4.4
THE BASIN 221000 ^ 225000 ^ 229500 ^ 300000 299000 293000 ^ 375000 ^ 407500 ^ 465000 ^ 350000 ^ 380500 NA 9 72 5.6
THOMASTOWN 202000 198000 212000 200000 250000 260000 277000 326000 325000 306000 310000 280000 ^ 1 53 4.4
THOMSON (GEELONG) 180000 ^ 210000 ^ 177500 ^ 221000 205000 ^ 232000 237500 ^ 285000 307500 308000 285000 NA -7 58 4.7
THORNBURY 220000 215000 222500 226000 279500 294000 390000 390500 399000 389500 425000 370500 9 93 6.8
TOORAK 478000 504000 485000 500000 617500 595000 640000 730000 703000 795000 760000 710000 -4 59 4.8
TORQUAY 332000 297500 425000 400000 393500 437500 420000 431500 479000 455000 440000 425000 -3 33 2.9
TRARALGON 128000 139500 145500 161000 182000 167500 184500 211000 229000 205500 196500 240000 -4 54 4.4
TRAVANCORE 190000 250000 330000 409500 450000 402500 415000 495000 494000 506500 430000 386500 -15 126 8.5
TRUGANINA 183000 ^ 125000 ^ 138000 ^ 240000 242000 242500 265000 298000 312000 285000 270000 299000 -5 48 4.0
TULLAMARINE 212500 220000 225000 240000 227500 286000 300000 352500 324500 340000 330000 312000 -3 55 4.5
TYABB 210000 ^ 210000 * 249000 ^ 229000 247000 276000 265000 246500 285000 304500 290000 370000 ^ -5 38 3.3
VERMONT 252500 312500 285000 330000 366500 365000 390000 507000 496000 480000 517500 480000 ^ 8 105 7.4
VERMONT SOUTH 370000 415000 319500 345000 431000 477500 ^ 517000 620500 530000 530000 ^ 541000 NA 2 46 3.9
VIEWBANK 320000 273000 296500 300000 347500 355000 406500 489000 426500 404000 451000 480000 ^ 12 41 3.5
WALLAN 208000 193000 ^ 225000 ^ 215000 237500 215000 237000 262000 282000 259000 263500 264000 ^ 2 27 2.4
WANGARATTA 112000 155500 157000 182000 175000 175000 179000 182500 185000 150500 175000 205000 ^ 16 56 4.6
WANTIRNA 251000 255000 266000 290000 318000 337500 369500 443000 420000 420000 410000 365000 ^ -2 63 5.0
WANTIRNA SOUTH 255000 291000 290000 328500 340000 346000 382000 440000 397500 420000 436000 505500 ^ 4 71 5.5
WARRAGUL 172000 161000 175000 228000 216500 220000 225000 230000 245000 235000 237000 235000 ^ 1 38 3.3

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 Median Unit/Apartment Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)

WARRNAMBOOL 182000 198000 199000 215000 230000 216500 225000 259000 255000 257500 260000 253000 1 43 3.6
WATSONIA 231000 260000 260000 275000 291000 326500 374000 407500 426000 427500 430500 376000 ^ 1 86 6.4
WENDOUREE 140000 200000 166500 142500 173500 165500 165000 189000 217000 230000 210000 204000 ^ -9 50 4.1
WERRIBEE 174000 175500 205000 209000 210000 214000 237500 256500 274000 250000 248000 251000 -1 43 3.6
WEST FOOTSCRAY 169000 161000 170000 200000 221500 275000 318000 300000 348000 355000 335000 405000 -6 98 7.1
WEST MELBOURNE 395000 365000 384500 397500 443500 449000 480000 512000 494000 439500 510000 384500 16 29 2.6
WEST WODONGA 150000 172000 172500 186000 184000 185000 189000 202500 190000 186000 190000 199500 2 27 2.4
WESTMEADOWS 248500 270000 289000 266000 296000 347000 345000 415000 365000 375000 385000 NA 3 55 4.5
WHEELERS HILL 300000 355000 338000 290000 367000 375500 395000 619000 465000 480000 620000 159000 ^ 29 107 7.5
WHITE HILLS 115000 155000 ^ 227500 ^ 162000 ^ 220000 ^ 203000 ^ 200000 ^ 220000 ^ 170000 ^ 95000 260000 ^ 237000 ^ 174 126 8.5
WHITTINGTON 136500 130500 160000 190000 139000 155000 185000 212000 200000 223500 205500 137500 ^ -8 51 4.2
WHITTLESEA 168000 186500 ^ 200000 222000 258000 203000 235000 235000 270000 227000 285000 205000 ^ 26 70 5.4
WILLIAMSTOWN 270000 305000 300000 307500 331000 360000 384000 442000 449000 450000 520000 560000 16 93 6.8
WILLIAMSTOWN NORTH 307500 316500 234500 297000 265000 330000 ^ 402500 483500 345000 ^ 412000 560000 ^ 527500 ^ 36 82 6.2
WINDSOR 299000 252000 325000 352000 340000 385000 416500 414000 483500 455000 501500 351000 10 68 5.3
WODONGA 128000 154000 170000 168000 183500 168500 172500 181500 188000 176000 182000 201000 3 42 3.6
WOLLERT - - - - - - 187000 ^ 207000 ^ 330000 ^ 310000 333000 330000 ^ 7 NA NA
WONTHAGGI 153000 180000 195000 215000 197000 227500 240000 275000 237500 260000 237000 190000 ^ -9 55 4.5
WOODEND 167500 ^ 165000 ^ 219000 247500 ^ 259000 241000 ^ 235000 297500 320000 ^ 315000 375000 ^ 350000 ^ 19 124 8.4
WYNDHAM VALE 165000 163000 ^ 177000 215000 203000 237000 242000 260000 275000 275500 250000 325000 ^ -9 52 4.2
YARRA GLEN 277000 275000 ^ 264000 180000 ^ 282500 310000 ^ 317000 ^ 382500 400000 ^ 360000 322500 345000 ^ -10 16 1.5
YARRA JUNCTION 155000 ^ 217000 ^ 221500 ^ 196000 237000 256000 ^ 290000 290000 360000 ^ 264000 307000 NA 16 98 7.1
YARRAVILLE 239500 284000 310000 336000 366500 385000 410000 496000 461000 525000 471000 537500 ^ -10 97 7.0
YARRAWONGA 152000 159500 212000 179000 228000 215000 200000 235000 235000 245000 214000 176000 -13 41 3.5

A Guide to Property Values 2013 Page 78

 1 Year Change in Median Unit Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton

Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Valley
Valley
Manningham
Manningham
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Port
Port Phillip
Port Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Phillip
Hobsons
Hobsons Bay
Hobsons Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen
Glen
Glen Eira
Eira
Eira Monash
Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater
Greater Geelong
Geelong
Geelong
Geelong
Greater
Greater
Greater
Greater
Greater
Dandenong
Dandenong
Dandenong
% Change in Median
Unit Price 2012 to 2013
Greater than 15
Casey
Casey
Casey 10 to 15
Casey
Casey
Casey Cardinia
Cardinia
Cardinia
5 to 10
0 20 0 to 5
Frankston
Frankston
Frankston -5 to 0
kilometres -10 to -5
Less than -10
Insufficient Data

A Guide to Property Values 2013 Page 79

 10 Year Change in Median Unit Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton

Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Valley
Valley
Manningham
Manningham
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Port
Port Phillip
Port Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Phillip
Hobsons
Hobsons Bay
Hobsons Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen
Glen
Glen Eira
Eira
Eira Monash
Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater
Greater Geelong
Geelong
Geelong
Geelong % Change in Median Unit
Greater
Greater
Greater
Dandenong
Dandenong
Dandenong
Dandenong Price 2003 to 2013
Greater than 120
105 to 120
90 to 105
Casey
Casey
Casey 75 to 90
Casey
Casey
Casey Cardinia
Cardinia
Cardinia
Cardinia
60 to 75
0 20 45 to 60
Frankston
Frankston
Frankston 30 to 45
kilometres 15 to 30
0 to 30
Insufficient Data

A Guide to Property Values 2013 Page 80

 Median Vacant House Block Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
ALBANVALE 165000^ 105000^ 120000^ 203500^ 160000^ 155000^ 204500^ 322000^ 205000^ 185000^ 210000 NA 14 27 2.4
ALEXANDRA 50000 61000 67000 66000 70000^ 69000 76500 77000^ 90000 93500 89000 104000^ -5 78 5.9
ALFREDTON 72000 85000 95000 95000 95000 112500 120000 125000 145000 190000 174500 186500^ -8 142 9.3
ALTONA MEADOWS 151000 154500 139000^ 141000 167000 195000 228000^ 290000 295500^ 270000 290000 NA 7 92 6.7
APOLLO BAY 146000 193000 202500^ 185500 220000 210500 184500 197500 225000 200000 190000 217500^ -5 30 2.7
ARARAT 40000 45000 49000 50000 52000 47500 70000 78000 71500^ 80000 70000 90000^ -13 75 5.8
ARMSTRONG CREEK - - - - - - - 179500 180000 175000 169000 164000 -3 0 NA
ASCOT (BENDIGO) 60500 69000 73500^ 77500 77000 80000 84500 86500 99500 105000 104500 125000^ 0 73 5.6
ASCOT VALE 190000^ 266500^ 235000^ 270000^ 333500^ 231500^ 430000^ 466500^ 498500 467500 475000 475000^ 2 150 9.6
AVENEL 25000 64000 68000^ 39000^ 109000 75000^ 87500^ 92500^ 90500 77500 87500 108500^ 13 250 13.3
BACCHUS MARSH 80000 87500 90000 98000 97000 94500 111000 115000 136000 156000 135000 170000^ -13 69 5.4
BAIRNSDALE 46500 69000 70500 83000 85500 77000 72000^ 99000 104500^ 91500 96500 93500^ 6 108 7.6
BALLAN 68500 74000 80000 79500 75000 79000 79000 99500 138500 120000 119500 114000^ -1 74 5.7
BALLARAT EAST 76000 100500 90000 90500 110000 110000^ 82500 144000 150000 100000 121500 116000^ 22 60 4.8
BANDIANA - - 114000^ 115000 115000 112500 108500 112000 109000 92500 98000 105000^ 6 0 NA
BANNOCKBURN 55000 113000 144000 118500 120000 122000 119000 127000 140000 140000 149000 147500 7 172 10.5
BARANDUDA 46000 95000 105000 100500 112500 115000^ 95500 120000 104500^ 113000 114000 124500^ 1 148 9.5
BARWON HEADS 165000 195000 265000 285000 315000 303500 295000 305000 350000 350000 400000 405000^ 14 142 9.3
BEAUFORT 34000 25000 35000 33000^ 56500^ 51500^ 55000^ 55000^ 49000^ 48000 48000^ 45000^ 0 41 3.5
BEECHWORTH 62000 88000 92500 92500^ 140000 132000 140000 134500 134500 128000 130000 125000^ 2 111 7.7
BELL PARK 97000 126500 132500 136000 136000 131000 156000^ 185000^ 230000 230000 181000^ 136000^ -21 87 6.4
BELMONT 80000^ 120000^ 134000^ 125000 125500 135000^ 162500^ 151500 180000 155000 164000^ 250000^ 6 105 7.4
BENALLA 50000 69000 78000 75500 86000 87500 83000 88000 88500 88000 101000 35500 15 102 7.3
BERWICK 126500 155000 155000 158000 172000 191000 213000 249500 289000 306500 275000 250000^ -10 117 8.1
BEVERIDGE 162500^ 90000^ 90000^ 90000 90000 100000^ 146500 175000 195000 175000 156000 170000^ -11 -4 -0.4
BIG HILL (BENDIGO) - - - 86000^ 86000 86000 240000^ 115000^ 120000^ 110000 130000^ 120000^ 18 0 NA
BLAIRGOWRIE 224000 210000 215000 49000^ 192500^ 300000^ 314000^ 320000^ 360000^ 351500 354000 392500^ 1 58 4.7
BONNIE DOON 30000 60000^ 66500 100000^ 156500^ 57500^ 83500^ 70000 83000 111000 114500^ NA 3 284 14.4
BOTANIC RIDGE - - 189000 170500 187000 189000 190000 228000 261000 258500 259000 259000 0 0 NA
BRIGHT 68000 90000 120000 125000^ 108000 150000^ 132500 141500 132500 140000 139000 140000^ -1 104 7.4
BROADFORD 55500 75000 80500 75000 80000 76500 80000 86000 89500 107000 112000 125000^ 5 103 7.3
BROOKFIELD 89000 104500 85500 80000 85500 100000 107000 123500 150000 151000 139000 135000 -8 56 4.5
BROWN HILL 60000 90000 90500 100000 125000 127500 124000 142500 140000 160000 135000 156500^ -15 126 8.5
BUNDOORA 222000 216500 235000 233000 275000 329500 347500 390000 440000 428500 440000 465000^ 3 98 7.1
BUNINYONG 85000 107000 122000 120500 137000 124500 119000 138000 150000 177000 196000 215000^ 11 131 8.7
BURNSIDE HEIGHTS 136000 138000 132000 129000 133000 145000 173000 236000^ 225000^ 257500^ 287500 322000^ 12 111 7.8
CAIRNLEA 131000 153000 142000 148000 155000 171000 210000 245000 252500^ 295000 324000 355000^ 10 147 9.5
CAMPBELLS CREEK 66500 58000 89500^ 85000 90000 89000 87500 89500 91500 119000^ 122500 NA 3 84 6.3
CAMPERDOWN 25000 17000^ 65000 77500 120000 77500^ 90000^ 124500^ 90000^ 91500 92500^ NA 1 270 14.0
CANADIAN 69000 83500 86500 90500 92000 96500 103000 134500 142000 140000 145000 185500^ 4 110 7.7
CAPE PATERSON 140000 158000^ 165000^ 162500 170000 228000^ 220000^ 239000 232500^ 210500^ 215000 285000^ 2 54 4.4
CAROLINE SPRINGS 112000 122000 124000 128000 136000 146000 175000 200000 220000 257000 281500 257500^ 10 151 9.7
CARRUM DOWNS 100000 125000 120000 133000 143500 167500 167000 180000 207000 207500 205000 194000^ -1 105 7.4
CASTLEMAINE 65000 76500 80000 76500 102500 87000^ 80000 124000 120000 139500 145000 124000^ 4 123 8.4
CHELTENHAM 122500^ 131000^ 305000^ 305000* 355500^ 243500^ 298000^ 279500^ 351500^ 322500 357500 359000^ 11 192 11.3
CHIRNSIDE PARK 173500 182500^ 114000^ 178000 123500 165000^ 150000^ 185000 155000 257000 284000 303500^ 11 64 5.1
CHURCHILL 36500^ 24500 32000 67500 45000^ 45000 37000 50000 65000 90000 90000 90000^ 0 148 9.5
CLIFTON SPRINGS 87000 106000 112500 115000 125000 122000 137500 147000 177000 170000 169000 164500^ -1 94 6.9
CLUNES 25000 28000 41500^ 41000 41000 45000 40000^ 45000 55000 64500 73000^ 79000^ 13 192 11.3
CLYDE 315000^ 153500^ 285000^ 150000^ 180000^ 180000* 180000* 215000 220000 200000 200000 122500^ 0 -37 -4.4
CLYDE NORTH - 105000^ 105000* 106000^ 147000^ 130000^ 120000^ 201000 220000 210000 197000 197000 -6 0 NA
COBRAM 65000 75000 80000 83000 75500 67000 81000 92000 82500 70000 86000 75000^ 23 32 2.8
COBURG NORTH 260000^ 221000^ 220000^ 170000^ 230000^ 164000^ 114000^ 211500^ 387500 398000 434000 365000^ 9 67 5.3
COLAC 64000 76000 90000^ 83000 85000 85000 82500 95000 93000 92000 99000 89000^ 8 55 4.5
CORIO 75000 85000 85000 85000 85000 91000 121000^ 140000^ 192500^ 188000 194000^ NA 3 159 10.0
CORRYONG 19500 18000 31000^ 23000 44000^ 46500^ 50000^ 45000^ 54000^ 47000 52500^ 35000^ 12 169 10.4
COWES 112000 135000 145000 143000 140000 161500 150000 150000 161000 155000 143000 165000 -8 28 2.5
CRAIGIEBURN 90500 109000 118000 121000 123000 139000 155000 179000 191000 190000 195000 202500 3 115 8.0
CRANBOURNE 108500 121000 121000 125000 132000 146000 152000 190000 196000 181000 179000 180000^ -1 65 5.1
CRANBOURNE EAST 96500 118000 120500 109000 150000 155000 171000 198000 215000 210000 196000 195000 -7 103 7.3
CRANBOURNE NORTH 132000 133000 135500 144500 152500 165000 176000 197000 222500 202000 205000 215500 1 55 4.5
CRANBOURNE WEST 73000 110000 105000 122000 120000 126000 175000 199500 210000 205000 196000 190000 -4 168 10.4
CRESWICK 25000 55000^ 75000 77000^ 86500^ 55000^ 67500^ 105000^ 82500^ 100000 80000 72500^ -20 220 12.3
CRIB POINT 90000 93000 90000^ 111500 145000^ 100000^ 134000 78500^ 179000^ 134000 165000^ NA 23 83 6.2
CROYDON 132500 170000 155000 170000 100000^ 220000 290000 318500 251000 252000 245000 319000^ -3 85 6.3
CROYDON SOUTH 106000^ 110000^ 64000^ 306000^ 150000^ 300000^ 152500^ 220000^ 423500 380000 207500^ NA -45 96 6.9
CURLEWIS - - - - - - - 162000^ 154500^ 153000 159000 172000^ 4 0 NA

A Guide to Property Values 2013 Page 81

 Median Vacant House Block Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
DALYSTON 50000 65000^ 75000 152500^ 75000 85000 101000 114000 119000 124000 132000 104000^ 6 164 10.2
DANDENONG 128000 165000 153500^ 135000 140000 177500 169000 191000 244000 227000 235000 NA 4 84 6.3
DARLEY 82000 98000 98500 103500 97000 106500 119000 130000 146500 150000 159000 141500^ 6 94 6.8
DAYLESFORD 75000^ 108500 110000 110000 102500 102000 108000 135000 150000 158000 157500 180000^ 0 110 7.7
DEER PARK 153000 147500 149000 143000 144000 153000 165000 186000 220000 222500 265000 277500^ 19 73 5.6
DELACOMBE 67000 72500 77500 78000 78500 88000 89500 102500 119000 127000 123000 126000^ -3 84 6.3
DENNINGTON 53000 68000 82000 93500 93000 110000 112000 116500 118000 117500 119500 112500^ 2 126 8.5
DERRIMUT 122000 138000 132000 130000 139000 152000 169000 230000 264000 270000 245000 265000^ -9 101 7.2
DIAMOND CREEK 188000 179000 175000 181500 189500 210000 188000 198000 297500 129000 310000 340000^ 140 65 5.1
DIGGERS REST 63000 74500^ 80000^ 190000^ 219500^ 217500^ 217500* 292500^ 140000 137000 171500 191500^ 25 172 10.5
DINNER PLAIN 120000 145000^ 181500 211500 188000 155000^ 255000^ 149000^ 85000 89000^ 60000 61000^ -33 -50 -6.7
DONCASTER EAST 211000^ 165000^ 111000^ 275000^ 350000^ 350000* 205000^ 585000 583000^ 505000^ 430000 510000^ -15 104 7.4
DOREEN 144000 162000 163000 158500 157000 156000 163000 186500 201000 190000 181000 181000 -5 26 2.3
DROMANA 195000 101000 130000^ 195500 180000^ 175000^ 152500^ 244000 287500 240000^ 275000 285000^ 15 41 3.5
DROUIN 64000 77000 83000 88000 85000 85000 93000 116000 131500 133500 133500 125000 0 109 7.6
DRYSDALE 90500 107000 120000 120000 123500 134000 135000 150000 159500 157000 157000 162500^ 0 73 5.6
EAGLE POINT 60000^ 85000 90000 65000^ 109500 109000 147000 105000 123000 99000^ 148500 NA 50 148 9.5
EAGLEHAWK 47500 69500 69000 69000 70000 71000 71500 79500 105000 112000 91000 97500^ -19 92 6.7
EASTWOOD 46500 75000 75000 82500 88500 90000 97000 112500 115000 117000 115000 122500^ -2 147 9.5
ECHUCA 66500 80000 88500 100500 109000 113000 115000 115000 120000 116000 139000 139000^ 20 109 7.7
ELLIMINYT 60000 85000 95000 95500 85000 100000 110000 102500 116500 110000 113000 124500^ 3 88 6.5
ELTHAM 149500^ 189000^ 165000 210000 220000^ 251500 460500^ 250000 240000^ 234000^ 335000 NA 43 124 8.4
EPPING 123000 155000 150000 140000 138500 146000 158000 178000 195000 190000 195000 204000 3 59 4.7
EPSOM 61000 68000 74000 77000 80000 74000 79500 86500 101500 110000 116000 121500 5 91 6.7
EUROA 25000 48500 45000^ 78000 75000 62000^ 49500 70000 80000 84000 78000 65000^ -7 212 12.1
EYNESBURY - - - - 130000 119000 130000 151000 179000 163000 149000 135000 -9 0 NA
FERNTREE GULLY 175000 150000^ 219000 215000 247000 220000 180000 220000^ 276000^ 245500 257500 200000^ 5 47 3.9
FINGAL 270500 288000 204000^ 262500^ 190500^ 200000^ 195000 196500 175000 200000 222500 285000^ 11 -18 -1.9
FOSTER 49000 58000^ 76000^ 72000^ 82000 90500 89000 97000^ 89500^ 121000^ 125000 129000^ 3 155 9.8
GEELONG WEST 87500^ 135000^ 159000^ 127000^ 327500^ 327500* 197500^ 289000^ 318500^ 272500^ 308500 NA 13 253 13.4
GISBORNE 120000 165000 165000 168500 185000 175000 178000 197000 239000 230000 220000 220000^ -4 83 6.2
GOLDEN BEACH 25000 50000 56500 52000 57500 58000 50000 55000 55000 44000 48000 35000^ 9 92 6.7
GOLDEN SQUARE 60500 72500 74000 75000 92000 99500 92000 109500 116500 129000 153500 145000^ 19 155 9.8
GRANTVILLE 76000^ 137000^ 21500^ 40000 45500^ 152000^ 110000 130000 133000 126000 122000^ 127000^ -3 61 4.8
GREENSBOROUGH 160000 210000 200000 290000 220000 247500 246000^ 257500^ 356500^ 238000 343500 436000^ 44 115 7.9
GREENVALE 158000 170000 162000 154000 157500 185000 197500 274000 262000 244000 229000 259000 -6 45 3.8
GROVEDALE 95000 120000 121000 125000 135500 145000 150000 187500 182000 193500 185000 295000^ -4 95 6.9
HAMILTON 42500 50000 59000 69000 72500 78000 85000 82000 107500 83500 92000 87500^ 10 116 8.0
HAMLYN HEIGHTS 180500 172000^ 117500^ 153000 105500^ 200000^ 200000* 75000^ 253500^ 246000 250000^ 0^ 2 39 3.3
HAMPTON PARK 100000 135000 135000 145000 147000 175000 180000 157500 174000 175000 185000 NA 6 85 6.3
HASTINGS 92000 109000 113000 117500 128000 155000 162000 191000 220000 242500 182500 206000^ -25 98 7.1
HAVEN 47000 63000 78500 80000^ 91000 36000^ 98000^ 125000^ 118000^ 99000 119500^ NA 21 154 9.8
HAZELDENE 41500 40000^ 38000^ 52500^ 75000^ 81500^ 50000^ 57000 60000^ 90000 110000^ NA 22 167 10.3
HEALESVILLE 147500 130000 140000 134000 139000 153500 127500^ 110000 155000 135000 211000^ 195000^ 56 43 3.6
HIGHTON 127500 150000 149500 162500 182500 179000 177000 202000 215000 220000 220500 210000 0 73 5.6
HILLSIDE (MELTON) 140000 154500 147000 151000 154000 175000 217500 250000 236000 230000 234500 NA 2 68 5.3
HORSHAM 49500 53000 59500 65000 62500 63000 62500 85000 96500 91500 99000 105000 8 100 7.2
HUNTLY 46000^ 49000^ 84000^ 100000^ 125000^ 125000* 45000^ 90000^ 119000 107000 111000 116000^ 4 141 9.2
INDENTED HEAD 116000 119000 127000 160000 113500 114500 120000 180000 201000 184500 171000 161000^ -8 47 3.9
INVERLOCH 125000 137500 137500 140000 150000 160000 170000 187500 224000 200000 200000 230000^ 0 60 4.8
JACKASS FLAT - - - 239000^ 239000 239000 239000 86000^ 97000 119500 118000 115000^ -1 0 NA
JUNORTOUN 116500 102500 102500 110000 123500 122500 126500 125000 145000 146000 152500 169000^ 4 31 2.7
KALIMNA 30000 62500 66000 97000 77000 76000 78000 74500 77500^ 78500^ 132500 57500^ 69 342 16.0
KANGAROO FLAT 55000 80000 87500 89000 86000 84000 81000 89000 102000 107000 128000 129000 20 132 8.8
KEILOR EAST 95000 101000^ 136500^ 191000 293000 340000 355000 370000 390000 382500 420000 410000^ 10 342 16.0
KERANG 24000 38500 39500 40000 52500 50000 51000 52000 60000 47500 48000^ 42000^ 0 99 7.1
KEYSBOROUGH 215000 221000 225000 235000 234000 225000 300000 335000 354000 354500 357500 320000^ 1 66 5.2
KIALLA 92000 102000 110000 105000 102000 100000 107500 116500 122000 118000 121500 124000^ 3 32 2.8
KILLARA (WODONGA) - - - - - - 65000^ 102500^ 118000 117000 119000 121000^ 1 0 NA
KILMORE 82500 92000 108000 108500 90000 90000 92500 100000 120000 110000 115000 114500^ 5 39 3.4
KILSYTH 105000 165000^ 111500^ 132000 126000 145000 149500 175000 160500 177500 184500^ 310000^ 4 76 5.8
KINGLAKE 76500 98000 106000 82000^ 130000 137000^ 110000 110000 112000 110000 110000^ NA 0 44 3.7
KOO WEE RUP 84500 85000 100000 96000 96000 109500 130000 140000 165000^ 165000 172500 166000^ 5 104 7.4
KOONDROOK 16000 22000 40000^ 40000^ 47000^ 34000^ 32500^ 40000 48000^ 50000^ 65500 NA 31 309 15.1
KOROIT 50000 90000 80000 85000 88500 88500^ 80000 80000^ 101000 99500 119000 107500^ 19 138 9.0
KORUMBURRA 60000 65000 80000 75000 80000 80000 90500 99500 100000 90000 110000 NA 22 83 6.2
KURUNJANG 72000 85000 85000 92000 86000 93000 113500 180000 210500 162500 145000 129000^ -11 101 7.3

A Guide to Property Values 2013 Page 82

 Median Vacant House Block Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
KYABRAM 64000 66000 76000 78000 89000 92000 95500^ 94000 101000 97000 99000 125000^ 2 55 4.5
KYNETON 69000 92000 94500 98000 95000 97000 96500 111500 132500 166500 178000 175000^ 7 158 9.9
LAKES ENTRANCE 74000 99000 96500 100000 110000 93000 96500 107000 122500 94000 92000 108000^ -2 24 2.2
LALOR 55000^ 192500^ 150000^ 242500^ 235500^ 194000 210000 257000 266500 250000 249500 285000^ 0 354 16.3
LANCEFIELD 72500 80000 81000^ 90500 75000 93500^ 95000 97500 96500 115000 119500 NA 4 64 5.1
LANGWARRIN 138000 158000 170000 167000 187000 197000 242000 232500 254000 234000 229000 140000^ -2 66 5.2
LARA 96500 139000 143000 173000 141000 157000 152000 166000 171000 185000 188000 190000 2 95 6.9
LENEVA - - 123000 122000^ 120000^ 120000 115000 115000 114500 109000 130000 129000^ 19 0 NA
LEOPOLD 89500 120000 145000 136500 145000 147000 149000 156500 175000 172000 168000 163000 -2 88 6.5
LILYDALE 145000 150500 170000 168000 170500 192500 175500 222500 220000 213500 225000 293500^ 5 55 4.5
LOCH SPORT 32000 55000 56000 49500 55000 55000 53500 52000 46500 50000 44000 52500^ -12 38 3.2
LONGWARRY 46000^ 60000^ 87500^ 65000 85500 86000 88000 110000 130000 110000 104000^ 117000^ -6 126 8.5
LUCAS - - - - - - - - 127500 133500 130000 129000^ -3 0 NA
LYNBROOK 105500 130500 137000 146500 155500 190000 205000 235000 240000 240000 235000 250000^ -2 123 8.3
LYNDHURST 99000 144500 142000 147500 160000 169000 165000 232000 230000 230000 231500 NA 1 134 8.9
MADDINGLEY 60000 81000 93000 84000 107500 85000 96000 109500 131000 143000 151500 155000 6 153 9.7
MAFFRA 45000 60000 60000 60000^ 80000 55000^ 85500 103500 110000 110000 110000^ 110500^ 0 144 9.3
MAIDEN GULLY 68000 90000 99500 96500 95500 105000 100000 106000 119000 130000 155500 NA 20 130 8.7
MAIDSTONE 200000^ 122000^ 378000^ 378000* 319500 395000^ 355000^ 427000 387500^ 236000 269500 290000^ 14 35 3.0
MALMSBURY 40000 60000^ 91500^ 65000^ 72500 75000 85000^ 94000 100000 107500 124500^ 140000^ 16 211 12.0
MANSFIELD 41500 69500 75000 88000 95500 100000 110000 125000 140000 147000 169000 168000^ 15 307 15.1
MARIBYRNONG 265000 258000 205000 228000 275000 245000 268000 360000 450000 403000 403000* NA 0 52* 4.8
MARONG 40000^ 62000^ 62000* 74500^ 63000^ 66000^ 74500 78000 90000 94000 102500 106000^ 9 156 9.9
MARSHALL 202500^ 116500 118500 125000^ 125000 140000 145000 144500 167000 157000 167000 142000^ 6 -18 -1.9
MARYBOROUGH 37000 56000 57000 58000 58500 57500 61000 82000 68000 74000 82000 85500^ 11 122 8.3
MARYSVILLE 82500^ 89000 90500^ 92000^ 105000 113000^ 110000 115000 123500 117500 105000^ 160000^ -11 27 2.4
MCCRAE 154500 160000^ 180000^ 108000^ 247500^ 202000 212000^ 235000^ 320000^ 323500 347500^ 502500^ 7 125 8.4
MEADOW HEIGHTS 140000 202000 212500^ 147500^ 218500 230000^ 113500^ 170000^ 248000^ 234500 170000^ 150000^ -27 22 2.0
MELTON SOUTH 135000 113500 152500 145000 164000 95500^ 107500 123000 166000 155000 143000 133000 -8 6 0.6
MELTON WEST 77000 84000 85000 89500 88000 98000 112500 135000 160000 153000 140500 142000 -8 82 6.2
MERNDA 261500^ 261500* 146000 147500 148000 165000 162000 187500 203000 199000 185000 180000 -7 -29 -3.4
METUNG 45500 53500 94000 115000 85000 57500 85000 125000 109500 100000 71500 79000 -28 57 4.6
MICKLEHAM - - - 310000^ 310000 310000 310000 310000 310000 192500 180000 166500^ -7 0 NA
MILDURA 61000 65000 76000 83500 79500 81000 74000 85000 81000 84000 89000 89500 6 46 3.8
MINERS REST 65000 85000 87000 81000 81000 85000 89000 97000 101500 126500 168000^ 90000^ 33 158 10.0
MOE 50000 56000 69000 73000 74500 80000 87000 90000 105000 107500 98000 120000^ -9 96 6.9
MOOROOLBARK 165000 170500 196500 205000 205000 205000 215000 220000 259000 200000 187500 270000^ -6 14 1.3
MORNINGTON 159000 198000 225000 250000 210000 298000^ 200000 280500 280000 280000 255000 450000^ -9 60 4.8
MORTLAKE 20000 30000 40000 37000 40500^ 50000 40500^ 44000 40000^ 40000 35500^ NA -11 78 5.9
MORWELL 52000 65000 70000 77000 80000 86500 80000 95000 120000 102500 115000 107500^ 12 121 8.3
MOUNT CLEAR 80500 87000 82000 110000 95000 93000 104000 104000 158000 159500 168000 169500^ 5 109 7.6
MOUNT DUNEED 150000^ - - - 86500^ 86500* 86500* 86500 193500^ 195000^ 200000 200000^ 3 33 2.9
MOUNT ELIZA 280000 315000 329500 235000 282500 385000 421000 480000 565000 510000 460000 447500^ -10 64 5.1
MOUNT EVELYN 125000 127000^ 148500 150000^ 163000^ 155000^ 150000 241500^ 220000^ 182500^ 197500 156500^ 8 58 4.7
MOUNT MARTHA 155000 165000 183000 199000 300000 292500 265000 370500 437000 415000 391000 417500^ -6 152 9.7
MYRTLEFORD 35500 58000 67000 73000 85000 86000^ 70000 83500^ 85000^ 92500^ 92000 85000^ -1 159 10.0
NAGAMBIE 32000 59000 71000 78500 88000 90000^ 100000 100000 100000 114000 112500 114500^ -1 252 13.4
NARRE WARREN 120000 139000 141500 164500 176000 186000 185000 220000 220000 225000 245000 240000^ 9 104 7.4
NARRE WARREN NORTH 234500 257500 250000 275000 290000 300000 300000 380000 465000 390000 385000 387500^ -1 64 5.1
NARRE WARREN SOUTH 118500 138000 142000 149000 165000 195000 220000 273000 305000 300000 310000 279000^ 3 162 10.1
NEWBOROUGH 30000 49000 52500 32000^ 80000 80000 85000 95000 119000 142500 116000^ NA -19 287 14.5
NEWSTEAD 60000^ 45000^ 57000^ 118000^ 42500^ 69000^ 63000^ 79500^ 65000^ 96500^ 73500 NA -24 23 2.1
NORLANE 89500 115000 125000 131000 130500 131500 140000^ 70000^ 114500^ 89500^ 96000 103000 7 8 0.7
NORTH BENDIGO 52500^ 57000^ 75000 120000^ 140000 74000^ 79000 77000 95000 95000^ 117000 124500^ 23 123 8.3
NORTH GEELONG 75000 115000^ 106500^ 220500^ 124000^ 120000^ 131000^ 200000^ 259000 210000 184000 256500^ -12 145 9.4
NORTH WONTHAGGI 72500 86000 100000 99500 106500 115000 119000 147500 147500 137000 135000 135000^ -1 86 6.4
NUMURKAH 43000 45500 52000 65000 75000 79000 77000 77500 85000 77000 90000 67500^ 17 109 7.7
OCEAN GROVE 120000 155000 165000 164500 179500 169500 180000 210000 192000 192500 200000 196000 4 67 5.2
OFFICER 25500 - - 212000^ 120000^ 145000 143000 168000 180000 178500 177000 186000 -1 598 21.4
PAKENHAM 81000 102000 107000 110000 122000 130000 140000 162000 170000 177000 172500 161500 -3 113 7.8
PAYNESVILLE 70000 112000 86000^ 88000 89500 117000 97000 120000 110000 112500 125500 179000^ 12 79 6.0
PLENTY 300000^ 320000 300000^ 299000^ 325000 316000^ 355000 362500 231500 480000 470000 340000^ -2 57 4.6
PLUMPTON - - - 106000^ 150000^ 150000* 150000* 150000 245000 226000 225000 226500 0 0 NA
POINT COOK 129000 140000 140000 145000 161000 179000 195000 230500 270000 260000 245000 252000 -6 90 6.6
POINT LONSDALE 257500 270000^ 240000^ 263000^ 262500^ 236500^ 320000^ 240000 305000 245000 285000 300000^ 16 11 1.0
PORT FAIRY 97500 120000 128500 135000 140000 141000 138500 150000 165000 160000 175000 195000^ 9 79 6.0
PORTARLINGTON 143000 131500 158500 135000 154000 177500 173500 196000 235000 217000 194000 199000^ -11 36 3.1

A Guide to Property Values 2013 Page 83

 Median Vacant House Block Prices 2003 - 2014

Change Growth
Locality 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Prelim PA
2014 12-13 03-13
03-13
(%) (%)
(%)
PORTLAND 30000 50000 50000 56000 67000 66000 74000 72000 57000 80000 85000 88000^ 6 183 11.0
QUARRY HILL 63500^ 77500^ 94000^ 193500^ 107500^ 107500* 150000^ 146500^ 146500* 157500* 165000^ NA 5 160 10.0
RAVENHALL 231000^ 231000* 269500^ 286000^ 286000* 328000^ 328000* 246000^ 272000^ 283500 264000 338500^ -7 14 1.3
RED CLIFFS 52000 57000 62500 67500 69000 50000 55000 55000 61000 45000 60000 NA 33 15 1.4
RIDDELLS CREEK 90000 105000 108000 109000^ 115000^ 118000 150000 175000 170000^ 227500 189000 NA -17 110 7.7
ROSEBUD 139000 137000 138000 140000 154000 180000 185000 205000 220000 238000 250500 272000^ 5 80 6.1
ROSEBUD WEST 120000 150000^ 155000^ 126000 160000^ 160000^ 137500 180000 220000 227500 220000 220000^ -3 83 6.2
ROXBURGH PARK 107000 132000 139500 145000 142500 148000 179500 224000 220000 210500 205000 220000^ -3 91 6.7
RYE 145000 165000 172500 172000 172000 199500 222500 230000 269000 270000 255000 325000^ -6 76 5.8
SAFETY BEACH 97000 170000 200000 315000 219000 266000 255000 289000 302500 265000 179500 273500 -32 85 6.3
SALE 54000 79500 91000 107500 88000 107000 123500 127500 132500 120000 115000 116000^ -4 113 7.9
SAN REMO 140000 106000^ 169000^ 156500^ 206000 177500^ 142500^ 183500 259000 270000^ 195000 NA -28 39 3.4
SANCTUARY LAKES 165000 180000 178000 165000 205000 230000 215000 259000 284000 260500 300000 280000^ 15 82 6.2
SANDHURST 185000 200000 184000 192500 226500 199000 190000 245000 266000 264000 265000 291500^ 0 43 3.7
SEBASTOPOL 46500 56000 70000 69500 70000 75000 84000 90000 92000 105000 105000 82500^ 0 126 8.5
SEYMOUR 50000 42500 97500^ 100000 105000 97500 75000 40000 89500 98000 109000 NA 11 118 8.1
SHEPPARTON 66500 81500 89000 100000 109500 115000 96000 118000 110500 109000 108000 121000 -1 62 5.0
SHEPPARTON NORTH 115000 135000 160000^ 167500^ 149000 114000 108000 115000 109000 109000 116500 158000^ 7 1 0.1
SKYE 100000 126500 128000 132500 145000 165500 175000 185000 201500 206000 195000^ NA -5 95 6.9
SOUTH MORANG 134000 162000 159000 153000 150000 156000 175000 218000 220000 248000 240000 270000 -3 79 6.0
ST ALBANS 97500 140000 136500 133000 125000 169500 178000 217500 205000^ 260000^ 265000 215500^ 2 172 10.5
ST LEONARDS 125000 130000 130000 124500 125000 133000 125000 130000 189500 194500 180000 145000^ -7 44 3.7
STRATHDALE 95000 145000 145000 140000 140000^ 159000^ 119000 148500 163000 181000 165000 189000^ -9 74 5.7
STRATHFIELDSAYE 64500 82000 86000 93500 95000 100000 97000 111500 135500 146500 162000 169000^ 11 151 9.6
STRATHMORE 270000^ 200000^ 69500^ 68000^ 68000 68000 307500^ 750000^ 420000^ 766500^ 350000 NA -54 30 2.6
SUNBURY 94000 104500 119000 121000 140000 143000 164000 191500 200000 202500 215000 217000 6 129 8.6
SUNSHINE NORTH 55000 87000 155000 175000 170000 220000 235000 206500 207000 253000^ 245000 287000^ -3 345 16.1
SUNSHINE WEST 109000 119500 118000 139500 148500 160000 216500 261500 282000 274500 280000 NA 2 157 9.9
SWAN HILL 56000 67000 63500 65000 77500 70000 68500 85500 70500 80000 80000 71000^ 0 42 3.6
TARNEIT 98000 115000 117000 120000 126000 139000 147000 178500 200000 195000 185000 190000 -5 89 6.6
TATURA 70500 76500 77000 95000 90000 82000 81500 93000 90000 88000 98000 119500^ 11 39 3.3
TAYLORS HILL 135000 146000 146000 145000 152000 179000 198000 272500 302000 300000 315000 321500^ 5 133 8.8
TORQUAY 175000 175000 177000 195000 200000 209000 211500 242000 287000 254000 240500 245000 -5 37 3.2
TRAFALGAR 55000 62000 71500 74500 77000 80000 83500 110000 130000 130000 140000 151500^ 8 155 9.8
TRARALGON 55500 68000 76500 82500 93000 105000 115000 130000 163500 157500 147500 152500 -7 165 10.2
TRARALGON EAST 59500 73000 80000 95000 92000 112500 130000 155000 184000 203500^ 154500 186000^ -24 160 10.0
TRENTHAM 66500 75000 63000^ 79500 91500 95000^ 102500 112000 129000 139000 140500 210000^ 1 112 7.8
TRUGANINA 100000 124000 120000 123000 121500 138000 154000 185000 212000 210000 207000 207000 -1 107 7.5
TYABB 82000^ 106500 120000 119000 125000 154500 165000^ 179000^ 327500^ 283500 288000^ 292500^ 2 251 13.4
VENUS BAY 77000 100000 85000 80000 86000 87000 85000 95000 105000 93000 92500 70000^ -1 20 1.9
WAHGUNYAH 44500 55000 64000 70000 71000 68000^ 67500 64500 80500 69000 77000 NA 12 73 5.6
WALLAN 85000 101000 108000 122500 126000 120000 121000 138000 158000 152000 154000 137000 1 81 6.1
WANDANA HEIGHTS 105000 149000 164500 157000 180000 158000^ 190000^ 240000^ 315000^ 230000 230000 197000^ 0 119 8.2
WANGARATTA 68000 78500 80000 91000 102500 87000 99000 119000 118500 111000 125000 131000 13 84 6.3
WANTIRNA SOUTH 230000^ 230000^ 278000^ 242000^ 342500 410000^ 255500^ 405000 420000 420000 435000 405000^ 4 89 6.6
WARBURTON 60000 80000^ 86000 86500 78000^ 80000^ 77000^ 125000 91000 137500^ 105000 150000^ -24 75 5.8
WARRAGUL 69000 75000 79500 85500 90000 92500 105000 115000 145000 145000 148000 143500 2 114 7.9
WARRNAMBOOL 74000 93000 101500 120000 130500 125000 130000 132000 140000 142500 152000 152000 7 105 7.5
WAURN PONDS 101000 125500 135000 144000 155000 167500 170000 182000 190000 186000 212500 NA 14 110 7.7
WENDOUREE 62000 84500 147500^ 67000 70000 70000^ 80000 76000^ 88000 75000^ 147000 130000^ 96 137 9.0
WERRIBEE 80500 120000 139500 150000 176000 144500 171000 166000 198000 196500 162000 159500 -18 101 7.2
WEST WODONGA 83000 130500 130000 157000 160000 111500 110000 116000 122500 119500 123500 94500^ 3 49 4.1
WHEELERS HILL 344000^ 390000^ 310000^ 418000^ 247000^ 6000^ 280000^ 250000^ 600000^ 333000 357500^ NA 7 4 0.4
WHITE HILLS 64000 92500 85000 82500 88500 83000 84000 89000 130000 125000 90000^ 130000^ -28 41 3.5
WHITTLESEA 100000 112500 126000 96000 128000 123000 145000 160000 180000 174000 180000 154500^ 3 80 6.1
WILLIAMS LANDING 115000 145000 136500 125000 125000 175000 195000 244000 295000 299000 291000 315000^ -3 153 9.7
WODONGA 85500 120000 105000 113500 126000 125000 99500 105000 108000 110000 117000 110000 6 37 3.2
WOLLERT - - - - - - 178000 210000 211000 207000 195000 198500 -6 0 NA
WONTHAGGI 79000 90000 116000 114500 119500 117500 133000 147000 147500 107000^ 122500 170000^ 14 55 4.5
WOODEND 75000 91500 95000 116500 136000 170500^ 167500 180000 209000 218000 213500 NA -2 185 11.0
WYNDHAM VALE 81000 102500 100000 99000 105000 114000 122000 155000 181500 176000 165000 164000 -6 104 7.4
YARRA GLEN 105000 156500 143000^ 159000^ 150000 155000 180000 199000^ 225000^ 204500^ 275000 248000^ 35 162 10.1
YARRA JUNCTION 87000 107500^ 110000 97500 125000 136000 144000 150000 157500 174000 153000 185000^ -12 76 5.8
YARRAM 43000^ 50000^ 65000^ 77500^ 90000^ 90000* 94000^ 75000^ 158000^ 158000* 72000 58000^ 0 67 5.3
YARRAWONGA 55000 59000 68000 94500 120500 117000 96000 110000 99000 92500 96000 124000 4 75 5.8

A Guide to Property Values 2013 Page 84

 1 Year Change in Median Vacant Land Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton

Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Valley
Valley
Manningham
Manningham
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Port
Port Phillip
Port Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Phillip
Hobsons
Hobsons Bay
Hobsons Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen
Glen
Glen Eira
Eira
Eira Monash
Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater
Greater Geelong
Geelong
Geelong
Geelong
Greater
Greater
Greater
Greater
Greater
Dandenong
Dandenong
Dandenong
% Change in Median Vacant
Land Price 2012 to 2013
Greater than 15
Casey
Casey
Casey 10 to 15
Casey
Casey
Casey Cardinia
Cardinia
Cardinia
5 to 10
0 20 0 to 5
Frankston
Frankston
Frankston -5 to 0
kilometres -10 to -5
Less than -10
Insufficient Data

A Guide to Property Values 2013 Page 85

 1 Year Change in Median Vacant Land Price (Non-Metro)

% Change in Median Vacant

Land Price 2012 to 2013
Greater than 15
Swan
Swan
10 to 15
Mildura
Mildura
Mildura Swan
Hill
Hill
Hill
5 to 10
0 to 5
-5 to 0
-10 to -5
Less than -10
Insufficient Data

Gannawarra
Gannawarra
Gannawarra
Buloke
Buloke
Buloke Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Moira
Moira
Moira
Moira
Moira
Moira
Yarriambiack
Yarriambiack
Yarriambiack
Campaspe
Campaspe
Campaspe
Greater
Greater
Greater
Greater
Greater
Greater Indigo
Indigo
Indigo
Indigo
Loddon
Loddon
Loddon Shepparton
Shepparton
Shepparton Towong
Towong
Towong
Benalla
Benalla
Benalla

Northern
Northern
Northern
Northern
Northern
Northern Wangaratta
Wangaratta
Wangaratta
West
West
West
West
West
West Horsham
Horsham
Horsham
Horsham
Horsham
Horsham Grampians
Grampians
Grampians
Grampians Greater
Greater
Greater Bendigo
Greater
Greater
Greater Bendigo
Bendigo
Bendigo
Bendigo Strathbogie
Strathbogie
Strathbogie
Wimmera
Wimmera
Wimmera
Wimmera Alpine
Alpine
Alpine
Alpine
Central
Central
Central
Central
Central
Central
Goldfields
Goldfields
Goldfields Mount
Mount
Mount
Mount
Mount
Mount
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Alexander
Alexander
Alexander

Mansfield
Mansfield
Mansfield
Hepburn
Hepburn Macedon
Macedon
Macedon
Pyrenees
Pyrenees
Pyrenees Hepburn Murrindindi
Murrindindi
Murrindindi
Ranges
Ranges
Ranges
Ranges
Southern
Southern
Southern Ararat
Ararat
Ararat
Ararat Ballarat East
East
East Gippsland
Gippsland
Gippsland
Southern Ballarat
Ballarat
Grampians
Grampians
Grampians
Grampians
Grampians Moorabool
Moorabool
Moorabool
Moorabool
Moorabool
Yarra Ranges
Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Ranges
Golden
Golden
Golden
Golden
Golden Plains
Plains
Plains
Golden Plains
Plains
Plains Wellington
Wellington
Wellington
Glenelg
Glenelg
Glenelg
Glenelg
Glenelg Baw
Baw Baw
Baw Baw
Baw
Greater Geelong
Greater
Greater Geelong
Geelong
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Moyne
Moyne
Moyne
Moyne
Moyne Corangamite
Corangamite
Corangamite
Corangamite
Corangamite
Surf Coast
Surf
Surf Coast
Coast Mornington
Mornington
Mornington La Trobe
La
La
La Trobe
Trobe
Trobe
Trobe
Surf Coast
Coast
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Colac
Colac
Colac
Colac
Colac Bass
Bass
Bass
Bass
Bass
Bass South
South
Queenscliffe
Queenscliffe
Queenscliffe South
South
South
Queenscliffe
Queenscliffe
Queenscliffe Coast
Coast
Coast
Warrnambool
Warrnambool
Warrnambool Otway
Otway
Otway Coast
Coast Gippsland
Gippsland
Gippsland
Warrnambool
Warrnambool
Warrnambool

0 100

kilometres

A Guide to Property Values 2013 Page 86

 10 Year Change in Median Vacant Land Price (Metro)

Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell

Macedon Ranges
Macedon
Macedon
Macedon Ranges
Ranges
Ranges
Ranges
Murrindindi
Murrindindi
Murrindindi

Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea
Whittlesea

Hume
Hume
Hume
Nillumbik
Nillumbik
Nillumbik
Moorabool
Moorabool
Moorabool

Melton
Melton
Melton

Moreland
Moreland
Moreland Banyule
Banyule
Banyule Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Banyule
Banyule
Banyule
Moonee
Moonee
Moonee
Moonee
Moonee Darebin
Darebin
Darebin
Brimbank
Brimbank
Brimbank Valley
Valley
Valley
Valley
Valley
Manningham
Manningham
Manningham
Manningham
Manningham

Maribyrnong
Maribyrnong
Maribyrnong Yarra
Yarra
Yarra
Yarra
Melbourne
Melbourne
Melbourne Maroondah
Maroondah
Maroondah
Boroondara
Boroondara
Boroondara
Port
Port Phillip
Port Phillip Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Whitehorse
Phillip
Phillip
Hobsons
Hobsons Bay
Hobsons Bay
Bay Stonnington
Stonnington
Stonnington

Wyndham
Wyndham
Wyndham
Wyndham
Wyndham
Wyndham Glen
Glen
Glen Eira
Eira
Eira Monash
Monash
Monash
Monash Knox
Knox
Knox

Bayside
Bayside
Bayside
Bayside
Bayside
Bayside

Kingston
Kingston
Kingston
Greater Geelong
Greater
Greater
Greater Geelong
Geelong
Geelong
Geelong % Change in Median Vacant
Greater
Greater
Greater
Greater
Greater
Dandenong
Dandenong
Dandenong Land Price 2003 to 2013
Greater than 155
140 to 155
125 to 140
Casey
Casey
Casey 110 to 125
Casey
Casey
Casey Cardinia
Cardinia
Cardinia
Cardinia
95 to 110
0 20 80 to 95
Frankston
Frankston
Frankston 65 to 80
kilometres 50 to 65
0 to 50
Insufficient Data

A Guide to Property Values 2013 Page 87

 10 Year Change in Median Vacant Land Price (Non-Metro)

% Change in Median Vacant

Land Price 2003 to 2013
Greater than 155
Swan
Swan
140 to 155
Mildura
Mildura
Mildura Swan
Hill
Hill
Hill
125 to 140
110 to 125
95 to 110
80 to 95
65 to 80
50 to 65
0 to 50
Gannawarra
Gannawarra
Gannawarra Insufficient Data
Buloke
Buloke
Buloke Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Wodonga
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Hindmarsh
Moira
Moira
Moira
Moira
Moira
Moira
Yarriambiack
Yarriambiack
Yarriambiack
Campaspe
Campaspe
Campaspe
Greater
Greater
Greater
Greater
Greater
Greater Indigo
Indigo
Indigo
Indigo
Loddon
Loddon
Loddon Shepparton
Shepparton
Shepparton Towong
Towong
Towong
Benalla
Benalla
Benalla

Northern
Northern
Northern
Northern
Northern
Northern Wangaratta
Wangaratta
Wangaratta
West
West
West
West
West
West Horsham
Horsham
Horsham
Horsham
Horsham
Horsham Grampians
Grampians
Grampians
Grampians Greater
Greater
Greater Bendigo
Greater
Greater
Greater Bendigo
Bendigo
Bendigo
Bendigo Strathbogie
Strathbogie
Strathbogie
Wimmera
Wimmera
Wimmera
Wimmera Alpine
Alpine
Alpine
Alpine
Central
Central
Central
Central
Central
Central
Goldfields
Goldfields
Goldfields Mount
Mount
Mount
Mount
Mount
Mount
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Mitchell
Alexander
Alexander
Alexander

Mansfield
Mansfield
Mansfield
Hepburn
Hepburn Macedon
Macedon
Macedon
Pyrenees
Pyrenees
Pyrenees Hepburn Murrindindi
Murrindindi
Murrindindi
Ranges
Ranges
Ranges
Ranges
Southern
Southern
Southern Ararat
Ararat
Ararat
Ararat Ballarat East
East
East Gippsland
Gippsland
Gippsland
Southern Ballarat
Ballarat
Grampians
Grampians
Grampians
Grampians
Grampians Moorabool
Moorabool
Moorabool
Moorabool
Moorabool
Yarra Ranges
Yarra
Yarra
Yarra Ranges
Ranges
Ranges
Ranges
Golden
Golden
Golden
Golden
Golden Plains
Plains
Plains
Golden Plains
Plains
Plains Wellington
Wellington
Wellington
Glenelg
Glenelg
Glenelg
Glenelg
Glenelg Baw
Baw Baw
Baw Baw
Baw
Greater Geelong
Greater
Greater Geelong
Geelong
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Cardinia
Moyne
Moyne
Moyne
Moyne
Moyne Corangamite
Corangamite
Corangamite
Corangamite
Corangamite
Surf Coast
Surf
Surf Coast
Coast Mornington
Mornington
Mornington La Trobe
La
La
La Trobe
Trobe
Trobe
Trobe
Surf Coast
Coast
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Peninsula
Colac
Colac
Colac
Colac
Colac Bass
Bass
Bass
Bass
Bass
Bass South
South
Queenscliffe
Queenscliffe
Queenscliffe South
South
South
Queenscliffe
Queenscliffe
Queenscliffe Coast
Coast
Coast
Warrnambool
Warrnambool
Warrnambool Otway
Otway
Otway Coast
Coast Gippsland
Gippsland
Gippsland
Warrnambool
Warrnambool
Warrnambool

0 100

kilometres

A Guide to Property Values 2013 Page 88

 Alpine Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 129 53,000 61,192 17 55,000 63,170 119 17,500 22,325

1986 169 60,000 65,956 27 55,000 75,151 136 20,500 30,432
1987 139 67,500 74,854 46 64,500 77,195 119 25,000 37,008
1988 183 65,000 71,188 66 75,500 91,969 152 24,000 31,216
1989 171 83,000 94,086 56 84,150 95,508 159 28,500 33,173
1990 137 88,000 96,352 35 89,000 95,946 112 32,625 37,169
1991 122 84,750 95,767 28 106,000 104,844 62 31,750 34,602
1992 98 81,000 98,108 33 100,000 99,204 71 31,250 35,147
1993 120 86,000 96,357 21 84,000 85,116 56 36,500 42,820
1994 157 85,000 94,964 23 87,000 85,309 79 34,500 40,345
1995 135 85,000 98,531 17 91,500 103,826 96 30,750 36,398
1996 192 85,000 103,370 44 97,000 522,045 106 41,750 56,348
1997 196 95,000 105,878 29 75,000 84,313 105 35,500 47,424
1998 179 97,500 115,218 49 85,000 112,009 88 42,105 50,490
1999 214 100,000 119,146 28 107,500 120,375 82 37,175 43,678
2000 233 105,000 120,215 40 100,000 112,375 101 40,000 50,928
2001 278 122,000 134,819 59 115,425 125,025 145 40,000 47,880
2002 303 140,000 156,852 61 113,500 124,984 175 45,000 50,437
2003 333 155,000 183,819 77 162,000 166,768 153 53,000 68,432
2004 248 178,000 197,401 50 197,000 197,569 102 68,000 73,599
2005 274 222,000 237,773 58 230,500 229,123 88 98,500 98,819
2006 258 245,000 267,497 57 230,000 274,810 80 117,500 125,901
2007 271 260,000 289,795 34 260,000 305,230 93 110,000 146,490
2008 165 232,500 257,426 31 260,000 267,654 37 105,000 122,185
2009 187 240,000 260,804 45 242,000 248,761 52 115,500 152,202
2010 93 242,000 278,237 20 255,500 273,175 38 137,000 125,388
2011 146 272,500 282,551 38 222,500 224,473 58 111,250 120,997
2012 157 260,000 280,423 41 225,000 223,621 49 112,000 111,045
2013 166 270,000 290,350 28 206,500 209,842 59 100,000 108,350
2014 29 285,000 290,853 10 216,500 245,250 4 85,000 ^ 92,750 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 89

 Alpine Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Guest/BackPack Unsp 1 442500 442500 1798.78 246.00 ND ND 246.00 1798.78
Hotel/Motel Unsp 2 574479 574479 1045.48 2189.50 ND 55.24< 2189.50 262.38
Mixed Use Unsp 2 735000 735000 549.59 1954.50 144.12< ND 1954.50 376.06
Motel 1 600000 600000 172.22 3484.00 28.57< ND 3484.00 172.22
Pub/Tavern/Club Unsp 1 425000 425000 186.00 2285.00 ND ND 2285.00 186.00
Shop 2 174500 174500 253.84 847.00 47.16< 47.97< 847.00 253.84
Shopping Centre Unsp 1 9400000 9400000 1323.01 7105.00 ND ND 7105.00 1323.01
Tourist Park/Caravan 2 950000 950000 99.36 27300.00 ND 56.89< 27300.00 34.80
Industrial ($/SM) (SM) (SM) ($/SM)
Ind Dev Site 1 132000 132000 61.20 2157.00 ND 30.00< 2157.00 61.20
Rendering Plant 1 160000 160000 2.68 59720.00 ND ND 59720.00 2.68
Warehouse Unspec 1 135000 135000 173.75 777.00 ND 4.35< 777.00 173.75
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 450000 450000 0.74 604400.00 ND 150.00< 604400.00 0.74
Livestock – Beef 5 612000 500000 0.71 637400.00 152.67< 71.43< 775280.00 0.79
MixedFarm no impr 1 400000 400000 0.68 589100.00 200.00< 181.82< 589100.00 0.68
MixedFarm&GrazUnsp 8 414875 440000 1.41 377000.00 141.94< 102.33< 420507.88 0.99
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 2 246500 246500 360.52 466.00 121.43< 156.51< 466.00 360.52
Detached Home Unsp 82 303641 275000 504.38 800.00 ND 101.85< 1037.12 298.09
Detached Home(exist) 82 278128 267500 367.77 807.00 110.54< 95.54< 1129.33 246.24
Res Investment Flat 2 190500 190500 NA NA ND ND NA NA
Res Land ($0) 1 220000 220000 48.31 4554.00 ND ND 4554.00 48.31
Res/Rural Lstyle 53 436845 418000 20.50 10000.00 119.43< 114.52< 23515.36 18.58
ResLandWithImprovemt 2 239250 239250 630.79 497.00 ND 914.70< 497.00 630.79
Short Term Hol Accom 1 350000 350000 92.86 3769.00 ND ND 3769.00 92.86
Single Strata Unsp 9 168222 190000 NA NA ND 112.76< NA NA
Strata Unit/Flat Uns 10 243560 218500 NA NA 91.71< 95.00< NA NA
Townhouse 7 220714 210000 NA NA 82.35< 94.38< NA NA
Vac Res A 56 106833 96200 106.73 624.50 83.65< 89.07< 717.55 136.29
Vac Res B 3 136666 150000 48.29 3106.00 113.64< 104.17< 3316.00 41.21
Vac Res/Rural Lstyle 25 118202 107250 0.02 27538.00 107.25< 62.17< 39240.88 3.01

Municipality totals
Commercial Total 12 Commercial Total Prices $15,735,459
Primary Production Total 15 Primary Production Total Prices $7,229,000
Industrial Total 3 Industrial Total Prices $427,000
Residential Total 335 Residential Total Prices $87,622,778
All Sales Total 365 All Sales Total $111,014,237

A Guide to Property Values 2013 Page 90

 Ararat Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 188 34,000 38,867 10 45,750 65,830 46 7,500 8,278

1986 138 38,000 45,078 11 52,500 46,545 47 12,000 12,363
1987 188 42,750 47,231 15 47,000 52,733 50 9,000 13,660
1988 200 45,000 52,757 13 54,000 56,310 38 11,000 13,289
1989 200 50,000 56,758 24 71,000 68,366 47 17,500 22,617
1990 129 60,000 67,476 30 74,250 73,106 46 13,000 16,611
1991 106 58,250 60,753 6 70,000^ 74,208^ 31 20,000 20,759
1992 115 62,500 66,510 16 50,900 78,004 35 25,000 27,128
1993 125 52,000 56,629 3 45,000^ 50,333^ 23 23,175 21,518
1994 130 56,300 61,290 9 80,000^ 92,444^ 22 16,500 14,313
1995 120 57,000 67,540 9 53,000^ 56,777^ 32 21,500 42,312
1996 129 54,000 71,578 5 81,000^ 70,000^ 30 21,250 23,803
1997 134 65,000 77,587 9 64,500^ 59,833^ 31 28,000 50,449
1998 131 70,000 86,139 8 66,250^ 71,375^ 34 19,750 30,383
1999 132 59,000 73,857 7 52,000^ 56,428^ 36 23,500 30,592
2000 201 63,000 78,854 5 75,000^ 92,700^ 34 18,250 21,279
2001 239 65,000 72,725 19 73,000 67,157 63 27,500 27,444
2002 259 78,750 89,947 17 80,000 88,270 70 31,000 33,953
2003 261 93,000 110,823 20 115,000 110,975 63 37,000 37,763
2004 211 125,000 126,422 14 95,500 98,640 57 38,000 36,628
2005 233 145,000 150,358 17 116,500 114,591 48 46,250 44,583
2006 173 140,000 159,456 7 180,000^ 163,500^ 50 55,000 57,835
2007 237 150,000 166,973 32 108,500 121,390 43 50,000 51,177
2008 153 143,000 152,736 15 153,000 149,816 24 50,000 52,479
2009 220 150,000 162,126 26 135,000 146,144 25 66,000 59,113
2010 191 170,000 180,510 25 126,000 137,994 24 71,250 66,854
2011 153 164,000 179,941 17 242,500 231,867 18 70,000 64,450
2012 140 160,000 173,005 11 250,000 225,454 20 80,000 64,652
2013 171 170,000 188,872 16 168,500 182,156 22 46,750 61,650
2014 22 193,500 192,977 2 246,250^ 246,250^ 6 87,500 ^ 84,666 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 91

 Ararat Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Hotel/Motel Unsp 1 600000 600000 NA NA ND 70.59< NA NA
Shop 2 447500 447500 401.97 1139.50 186.46< 566.46< 1139.50 392.72
Vehicle Sales Centre 1 490000 490000 96.84 5060.00 ND ND 5060.00 96.84
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 330000 330000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Ind Dev Site 2 133750 133750 152.88 1427.00 ND 222.92< 1427.00 93.73
Warehouse Unspec 1 1040000 1040000 363.89 2858.00 ND ND 2858.00 363.89
Warehouse/Showroom 1 380000 380000 324.79 1170.00 ND ND 1170.00 324.79
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 90000 90000 0.10 883100.00 ND ND 883100.00 0.10
GenCrop >20ha Unsp 2 1163446 1163446 0.47 2394300.00 258.54< 59.75< 2394300.00 0.49
Livestock – Dairy 2 1066272 1066272 0.45 2714458.00 ND ND 2714458.00 0.39
Livestock – Sheep 5 501727 350000 0.18 1629297.00 155.89< 155.56< 1674499.40 0.30
MixedFarm no impr 4 165625 170000 0.41 410844.00 55.55< 130.29< 390019.50 0.42
MixedFarm&GrazUnsp 20 580255 342500 0.28 750718.50 214.06< 75.11< 1437488.35 0.40
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 150000 150000 NA NA ND 47.81< NA NA
Detached Home Unsp 52 177613 156000 218.39 870.00 65.00< 102.63< 1194.37 147.11
Detached Home(exist) 118 194164 179750 266.30 920.00 119.83< 108.94< 1073.00 180.31
Res Investment Flat 1 400000 400000 NA NA ND 105.26< NA NA
Res/Rural Lstyle 27 283277 257500 13.91 15100.00 105.32< 85.83< 38749.70 7.31
Single Strata Unsp 8 155187 147000 NA NA ND 100.51< NA NA
Strata Unit/Flat Uns 1 237500 237500 NA NA 175.93< 102.15< NA NA
Townhouse 6 172583 168500 NA NA 119.93< 66.08< NA NA
Vac Res A 15 58086 53500 31.21 801.00 81.06< 76.43< 742.91 79.39
Vac Res B 7 69285 30000 35.01 2142.00 50.00< 55.05< 2450.86 28.27
Vac Res in globo Oth 1 255500 255500 9.76 26170.00 ND 4.35< 26170.00 9.76
Vac Res/Rural Lstyle 14 86628 72500 5.80 21044.00 149.48< 65.91< 30515.23 2.95

Municipality totals
Community Services Total 1 Community Services Total Prices $330,000
Industrial Total 4 Industrial Total Prices $1,687,500
Residential Total 251 Residential Total Prices $45,684,880
Commercial Total 4 Commercial Total Prices $1,985,000
Primary Production Total 34 Primary Production Total Prices $19,325,673
All Sales Total 294 All Sales Total $69,013,053

A Guide to Property Values 2013 Page 92

 Ballarat City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,677 47,500 53,070 206 49,450 57,397 464 10,800 14,556
1986 1,441 52,200 59,030 178 51,500 58,656 400 16,500 20,589
1987 1,666 57,250 64,448 189 58,000 87,415 373 19,000 23,987
1988 1,957 63,000 73,021 271 63,000 74,772 467 23,500 29,176
1989 1,709 75,000 84,816 270 72,750 88,229 456 27,000 32,608
1990 1,464 78,000 86,418 236 75,000 79,516 329 29,000 33,454
1991 1,332 77,500 87,454 233 75,600 81,489 321 28,000 31,553
1992 1,410 80,000 87,361 207 78,000 85,588 343 28,000 31,866
1993 1,600 81,000 92,187 233 80,500 85,859 402 28,000 34,256
1994 1,560 80,000 91,675 226 81,000 91,817 394 30,000 36,441
1995 1,472 84,000 94,114 212 84,150 90,977 304 30,250 40,281
1996 1,476 80,995 94,876 176 84,000 101,350 319 33,000 37,160
1997 1,647 85,000 96,256 250 82,000 89,299 356 35,000 40,829
1998 1,665 87,000 102,346 280 81,250 90,487 442 36,000 43,323
1999 1,693 95,000 113,845 231 85,000 103,814 434 43,000 45,848
2000 1,956 102,000 117,932 294 89,000 104,670 360 47,725 51,516
2001 2,258 123,500 136,975 374 103,000 121,686 776 50,000 55,008
2002 2,244 147,500 168,138 348 127,750 144,536 866 58,750 60,859
2003 2,274 178,050 195,873 391 155,000 170,795 919 70,000 76,065
2004 2,114 196,000 215,863 354 162,250 176,965 685 80,000 86,869
2005 2,033 210,000 232,766 315 176,500 186,460 604 88,000 98,233
2006 1,948 214,000 236,465 341 175,000 179,387 587 88,000 98,021
2007 2,067 222,500 247,805 404 183,250 189,100 719 88,000 96,750
2008 1,902 227,500 255,750 338 187,750 199,506 597 97,000 101,869
2009 2,251 238,500 262,143 560 204,000 209,688 882 96,000 107,222
2010 2,138 264,100 296,446 417 219,950 238,182 837 118,000 124,995
2011 2,075 279,900 310,214 432 225,500 240,131 722 132,000 141,879
2012 1,930 285,000 313,576 447 246,000 252,771 541 135,000 147,154
2013 2,026 295,000 325,375 374 229,000 242,573 531 133,000 146,220
2014 304 287,500 319,899 44 228,725 235,184 36 134,500 144,055

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 93

 Ballarat City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 1727500 1727500 6169.64 280.00 ND ND 280.00 6169.64
Dev Site 5 212380 196000 NA NA 178.18< 105.26< NA NA
Fuel Outlet/Garage 1 2025000 2025000 1101.14 1839.00 ND ND 1839.00 1101.14
Health Clinic Unsp 3 448333 525000 482.64 1440.00 ND ND 1513.00 296.32
Hotel/Motel Unsp 4 2411000 990000 410.02 8268.00 ND 44.80< 11394.50 211.59
LowRise Office Build 2 2275000 2275000 3258.10 651.00 ND ND 651.00 3494.62
Medical/Surgery 1 875000 875000 1271.80 688.00 305.23< 330.19< 688.00 1271.80
Mixed Use Office 1 171000 171000 NA NA ND ND NA NA
Mixed Use Unsp 6 534500 415000 700.85 585.00 103.75< 130.50< 716.60 748.53
Motel 2 1940000 1940000 558.81 5435.00 291.18< 86.22< 5435.00 356.95
Office Prem Unsp 5 1072600 1050000 1563.22 963.50 ND 88.05< 963.50 1375.19
Pub/Tavern/Club Unsp 2 1875000 1875000 2324.19 1469.50 ND 233.64< 1469.50 1275.94
Restaurant 4 546250 612500 2143.77 338.50 ND 116.67< 503.00 1085.98
Retail Mult Occ Unsp 4 291325 270150 743.36 376.00 ND 88.57< 496.75 586.46
Retail Sgle Occ Unsp 5 212380 196000 NA NA 178.18< 105.26< NA NA
Shop 9 339444 313000 806.45 248.00 84.59< 51.52< 456.71 813.26
Shop & Dwelling 1 205000 205000 NA NA 82.00< 42.27< NA NA
Strata/Subdiv Office 1 590000 590000 5315.32 111.00 237.90< 188.05< 111.00 5315.32
Community Services ($/SM) (SM) (SM) ($/SM)
School SecondaryUnsp 1 4800000 4800000 2299.95 2087.00 ND ND 2087.00 2299.95
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 354000 354000 145.83 3120.00 100.57< 85.30< 3120.00 145.83
Factory Unsp 18 416695 299750 741.84 1348.00 75.65< 94.11< 3466.06 124.75
Food ProcessingUnsp 1 237500 237500 231.48 1026.00 ND 69.44< 1026.00 231.48
Ind Dev Site 8 444916 189750 106.08 1847.50 96.91< 88.26< 2781.75 159.94
OpenStorageUnsp 2 117500 117500 156.47 811.00 ND 7.12< 811.00 144.88
Warehouse 2 247500 247500 396.43 920.00 84.26< 61.49< 920.00 269.02
Warehouse Unspec 4 572058 334116 408.42 3183.00 170.64< 62.74< 9496.67 69.09
Warehouse/Showroom 2 323750 323750 344.19 915.00 26.76< 41.11< 915.00 353.83
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 3 3373 2520 0.13 48740.00 ND 11.27< 48740.00 0.13
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm no impr 1 750000 750000 1.76 425100.00 184.73< 247.93< 425100.00 1.76
MixedFarm&GrazUnsp 6 388215 392646 0.89 465226.00 160.23< 97.16< 490346.83 0.79
Vineyard 1 150000 150000 0.93 161627.00 ND ND 161627.00 0.93
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 40 366418 326250 471.78 604.50 125.48< 103.60< 681.20 566.15
Detached Home Unsp 947 319061 287000 362.77 675.00 ND 108.30< 751.02 428.10
Detached Home(exist) 1021 329506 295000 375.93 669.00 125.53< 105.36< 755.19 433.90
Half Pair or Duplex 5 442600 255000 404.46 717.00 65.55< 83.01< 1251.33 453.65
House & Flat/Studio 4 264000 223000 278.81 779.00 ND ND 776.00 340.21
Res Dev Site 1 280000 280000 164.51 1702.00 ND 85.89< 1702.00 164.51
Res Investment Flat 12 616250 280000 332.15 843.00 23.83< 155.56< 811.33 305.26
Res/Rural Lstyle 92 489140 472000 52.82 20235.00 125.87< 118.00< 32178.42 15.32
ResLandWithImprovemt 4 289750 297500 503.70 655.00 212.50< 195.08< 599.75 483.12
Retire Village Unit 2 278000 278000 NA NA 142.56< 111.20< NA NA
Semi-detached Unsp 4 327250 327000 1283.81 264.00 ND 78.09< 302.75 1080.92
Single Strata Unsp 120 232196 226000 NA NA 100.83< 101.06< NA NA
Strata Unit/Flat Uns 148 226694 225000 NA NA 112.50< 97.85< NA NA
Terrace House 5 279966 285000 420.00 500.00 105.95< 77.56< 513.33 500.00
Townhouse 92 232143 234975 NA NA 113.24< 99.99< NA NA
Vac Res A 515 144022 132500 196.58 585.00 139.47< 101.15< 670.98 212.90
Vac Res B 16 216995 193000 77.24 2526.50 160.83< 135.44< 2589.38 83.80
Vac Res in globo Oth 4 5148125 273750 1725.47 8565.00 20.28< 180.10< 8896.50 578.67
Vac Res/Rural Lstyle 34 297275 250000 56.46 16151.00 217.39< 161.29< 31753.15 9.36
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
OutdoorSportGrndUnsp 1 4095000 4095000 10.79 379382.00 ND ND 379382.00 10.79

Municipality totals
Commercial Total 57 Commercial Total Prices $45,861,601
Community Services Total 1 Community Services Total Prices $4,800,000
Industrial Total 39 Industrial Total Prices $15,671,075
Primary Production Total 8 Primary Production Total Prices $3,229,293
Residential Total 3,066 Residential Total Prices $904,717,264
Infrastruc&Utilities Total 3 Infrastruc&Utilities Total Prices $10,120
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $4,095,000
All Sales Total 3,175 All Sales Total $978,384,353

A Guide to Property Values 2013 Page 94

 Banyule City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,864 82,500 92,930 432 74,950 83,368 434 39,000 44,606
1986 1,601 88,000 103,539 397 79,000 88,761 314 41,850 50,744
1987 1,754 96,500 116,527 483 85,000 107,134 386 45,700 53,110
1988 2,014 122,500 141,186 517 100,000 120,238 355 66,200 74,588
1989 1,436 145,000 172,617 429 126,000 150,738 114 90,000 131,785
1990 1,233 139,000 164,514 424 125,000 135,619 109 78,000 85,410
1991 1,407 135,000 157,263 407 120,000 140,588 108 70,000 77,231
1992 1,352 134,750 157,555 433 115,000 118,443 114 82,500 105,000
1993 1,435 134,000 153,324 450 117,875 128,752 181 84,000 89,326
1994 1,548 136,000 157,561 509 116,000 125,104 259 79,400 83,177
1995 1,429 134,000 159,226 448 120,000 126,077 210 83,500 86,784
1996 1,538 134,000 158,347 541 118,000 128,122 157 85,000 99,233
1997 1,812 145,000 171,714 739 127,000 135,673 180 80,000 90,223
1998 1,689 162,000 195,208 625 140,000 151,865 179 82,000 90,018
1999 1,740 185,000 226,496 707 155,000 170,273 116 120,000 143,683
2000 1,760 205,000 243,195 718 180,000 200,379 57 108,000 134,671
2001 2,042 248,875 295,079 948 212,000 231,832 155 137,500 137,816
2002 1,793 285,000 340,368 726 249,625 260,035 108 170,000 161,329
2003 1,734 322,000 376,782 662 276,750 293,227 101 211,500 212,822
2004 1,579 335,500 396,007 566 275,000 292,188 83 230,000 235,538
2005 1,568 345,000 410,198 668 285,000 310,846 82 230,000 216,469
2006 1,568 369,500 437,429 687 299,000 322,654 75 240,000 246,149
2007 1,787 410,000 498,227 969 340,000 363,600 104 250,000 249,451
2008 1,389 445,000 545,084 644 370,000 405,292 44 282,000 270,004
2009 1,527 474,000 579,976 813 410,000 434,505 42 260,226 251,731
2010 1,382 585,000 689,050 691 465,000 489,169 39 350,000 348,468
2011 1,301 565,000 677,861 647 460,000 488,340 33 380,000 367,324
2012 1,243 540,000 646,180 672 446,500 465,275 30 370,000 349,299
2013 1,398 580,000 681,151 749 460,500 493,758 29 375,000 360,634
2014 119 541,000 629,074 58 434,500 456,276 3 265,000 ^ 250,000 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 95

 Banyule City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 2 1198750 1198750 NA NA 108.98< 275.57< NA NA
Fuel Outlet/Garage 1 3521545 3521545 2231.65 1578.00 167.69< ND 1578.00 2231.65
Health Clinic Unsp 3 611666 522500 619.08 1081.50 ND 155.97< 1081.50 611.42
Indiv Car Park Unsp 1 24000 24000 NA NA ND ND NA NA
Medical/Surgery 4 777750 757500 1005.80 741.00 98.34< 39.25< 704.50 1103.97
Mixed Use Office 1 302500 302500 NA NA ND 87.30< NA NA
Mixed Use Unsp 8 2593488 1303500 137.42 767.00 139.41< 203.67< 1348.00 866.91
Office Prem Unsp 5 368300 337000 1830.03 185.00 ND 72.38< 170.75 1715.23
Restaurant 1 400000 400000 223.59 1789.00 63.49< 72.73< 1789.00 223.59
Retail Mult Occ Unsp 1 3900000 3900000 NA NA 951.22< 520.00< NA NA
Retail Sgle Occ Unsp 2 1198750 1198750 NA NA 108.98< 275.57< NA NA
Retail Store/Showrm 2 2579500 2579500 7375.22 335.00 291.47< 142.51< 335.00 7700.00
Shop 6 269416 233000 2582.15 149.50 67.85< 29.13< 188.00 1433.07
Shop & Dwelling 1 550000 550000 2989.13 184.00 43.84< 96.83< 184.00 2989.13
Shopping Centre Unsp 1 425000 425000 2891.16 147.00 1.39< 3.73< 147.00 2891.16
Community Services ($/SM) (SM) (SM) ($/SM)
Private Edu Centre 1 10000000 10000000 835.35 11971.00 ND ND 11971.00 835.35
School Primary 1 9770909 9770909 1122.06 8708.00 ND 1178.90< 8708.00 1122.06
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 5 412600 410000 2077.78 326.00 77.30< 73.87< 326.00 1492.33
Factory Unsp 11 864674 748415 1091.49 696.00 257.63< 129.60< 2520.88 398.00
Ind Dev Site 1 370000 370000 807.86 458.00 ND ND 458.00 807.86
Warehouse 3 575138 527000 1195.59 542.50 4.64< 73.71< 542.50 1175.50
Warehouse Unspec 5 1861600 1006500 547.20 6579.00 ND 60.45< 5772.33 463.50
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 6 11358 8500 123.19 69.00 34.00< 10.30< 67.00 149.25
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 15 534000 519000 752.70 575.50 471.82< 133.08< 597.67 789.88
Detached Home (new) 17 653152 609950 1168.37 658.00 141.85< 111.41< 676.29 974.91
Detached Home Unsp 729 700568 590000 635.94 651.00 103.96< 105.36< 725.72 969.12
Detached Home(exist) 647 658437 570000 960.34 643.00 120.00< 100.44< 691.37 960.73
Half Pair or Duplex 2 939500 939500 2767.12 410.00 229.99< 149.08< 410.00 2291.46
Res Dev Site 1 1485000 1485000 NA NA ND ND NA NA
Res Investment Flat 30 494483 444500 1683.94 386.00 106.21< 89.35< 386.00 1683.94
Res Land ($0) 1 1650000 1650000 657.37 2510.00 ND ND 2510.00 657.37
Res/Rural Lstyle 10 2012900 1350000 904.81 5296.50 75.63< 97.47< 16251.00 123.86
ResLandWithImprovemt 3 718666 805000 853.80 1067.00 ND 155.18< 1067.00 853.80
Retire Village Unit 8 395250 387500 NA NA 98.10< 99.87< NA NA
Semi-detached Unsp 1 1210000 1210000 2585.47 468.00 ND 344.24< 468.00 2585.47
Single Strata Unit 4 538750 475000 NA NA 431.82< 120.87< NA NA
Single Strata Unsp 284 467547 445000 NA NA 108.80< 94.69< NA NA
Strata Dwelling 1 1525000 1525000 NA NA ND 247.97< NA NA
Strata Unit/Flat Uns 270 512609 475000 NA NA 114.46< 107.95< NA NA
Sub Div (Multi Lot) 1 10800000 10800000 608.45 17750.00 ND 446.28< 17750.00 608.45
Terrace House 2 667000 667000 1472.49 494.00 149.22< 162.29< 494.00 1350.20
Townhouse 137 503287 460000 NA NA 113.44< 95.83< NA NA
Vac Res A 28 364650 377500 341.09 645.00 145.07< 99.12< 721.88 525.74
Vac Res B 1 248200 248200 107.59 2307.00 ND 75.21< 2307.00 107.59
Vac Res in globo Oth 1 2108000 2108000 657.72 3205.00 ND 421.60< 3205.00 657.72
Vac Res/Rural Lstyle 2 432500 432500 9.46 45730.00 113.67< ND 45730.00 9.46

Municipality totals
Commercial Total 39 Commercial Total Prices $48,228,953
Community Services Total 2 Community Services Total Prices $19,770,909
Industrial Total 25 Industrial Total Prices $22,977,830
Infrastruc&Utilities Total 6 Infrastruc&Utilities Total Prices $68,150
Residential Total 2,195 Residential Total Prices $1,371,726,594
All Sales Total 2,267 All Sales Total $1,462,772,436

A Guide to Property Values 2013 Page 96

 Bass Coast Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 703 42,000 45,966 48 44,500 46,116 1,325 8,200 10,729

1986 676 47,000 51,643 51 60,000 60,301 1,037 9,500 12,610
1987 656 51,750 58,350 43 67,000 80,318 783 14,000 18,841
1988 930 60,000 69,500 80 70,500 76,470 894 20,000 25,680
1989 748 74,750 87,953 82 85,000 88,982 599 26,000 32,110
1990 549 78,000 88,205 53 92,000 94,136 498 30,000 37,304
1991 485 75,000 83,987 69 76,000 87,268 360 29,500 32,697
1992 519 75,000 85,397 50 87,625 83,251 344 27,375 30,682
1993 596 77,000 88,507 66 83,500 100,193 366 28,500 34,335
1994 626 75,000 84,847 75 79,000 92,533 400 25,750 34,367
1995 645 72,000 85,360 68 75,000 90,992 389 24,000 36,934
1996 705 75,500 87,274 61 84,000 97,254 407 22,000 29,890
1997 835 72,000 82,082 87 81,000 84,204 490 23,000 30,481
1998 883 75,000 89,929 83 87,000 92,802 464 22,000 33,345
1999 1,063 88,500 103,413 123 94,000 110,037 698 26,500 34,805
2000 1,331 98,000 115,833 149 115,000 130,537 864 30,000 37,975
2001 1,513 130,000 146,596 191 145,000 161,939 1,106 42,450 49,720
2002 1,414 171,000 198,968 176 192,000 211,462 810 77,000 79,526
2003 1,341 214,000 236,524 160 228,500 269,000 580 110,000 113,067
2004 1,080 225,000 248,555 148 235,750 265,300 335 127,500 129,061
2005 1,056 241,250 272,425 181 248,000 284,058 293 130,000 132,335
2006 1,043 255,000 286,727 188 250,000 283,024 379 137,500 142,879
2007 1,405 265,000 300,263 230 279,500 324,218 497 141,900 142,192
2008 1,062 279,250 316,209 177 282,500 311,153 298 142,000 148,196
2009 1,168 290,000 323,815 259 260,000 299,546 400 145,000 151,810
2010 1,085 333,500 369,948 217 315,000 337,536 609 155,000 167,485
2011 806 350,000 383,169 152 310,000 394,562 342 164,200 186,133
2012 780 331,000 352,756 175 270,000 306,992 254 163,250 179,046
2013 953 335,000 367,420 148 295,500 318,930 252 159,000 171,510
2014 149 330,000 372,888 19 240,000 301,605 35 155,000 165,391

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 97

 Bass Coast Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bed and Breakfast 1 515000 515000 25.75 20000.00 ND ND 20000.00 25.75
Dev Site 3 473421 425000 1108.64 764.00 35.56< 228.80< 1032.00 458.74
Licensed Ret Prem 1 425000 425000 63.82 6659.00 ND ND 6659.00 63.82
Medical/Surgery 1 535000 535000 528.66 1012.00 88.43< ND 1012.00 528.66
Motel 1 1070000 1070000 NA NA ND ND NA NA
Office Prem Unsp 2 347750 347750 4989.13 92.00 ND ND 92.00 4989.13
Retail Mult Occ Unsp 2 2075000 2075000 2902.37 379.00 ND 356.99< 379.00 2902.37
Retail Sgle Occ Unsp 3 473421 425000 1108.64 764.00 35.56< 228.80< 1032.00 458.74
Retail Store/Showrm 1 445000 445000 419.81 1060.00 ND ND 1060.00 419.81
Shop 4 250000 227500 2649.40 869.50 32.04< 37.92< 869.50 313.40
Tourist Park/Caravan 1 2500000 2500000 61.27 40800.00 298.85< ND 40800.00 61.27
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 6 401750 351250 916.21 632.50 155.94< 101.81< 677.75 586.68
Factory Unsp 3 515166 335500 230.25 4500.00 6.79< 119.61< 4500.00 148.39
Warehouse Unspec 2 194000 194000 826.98 10011.00 ND ND 10011.00 19.38
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 5 638000 650000 0.76 463100.00 37.14< 83.87< 476463.00 1.34
Livestock – Dairy 2 811500 811500 1.80 466850.00 155.31< 62.42< 466850.00 1.74
MarketGardenVeg <20h 2 475000 475000 5.19 99900.00 ND ND 99900.00 4.75
MixedFarm no impr 2 477500 477500 1.13 420958.00 61.92< 99.48< 420958.00 1.13
MixedFarm&GrazUnsp 14 702964 515000 1.23 391376.00 73.57< 73.57< 496310.29 1.42
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 16 375881 342500 321.15 739.50 93.20< 74.21< 821.36 402.13
Detached Home Unsp 465 371590 345000 457.19 654.00 131.43< 100.00< 755.62 490.36
Detached Home(exist) 469 362519 329000 588.69 654.00 113.97< 94.00< 754.25 482.11
Half Pair or Duplex 1 506500 506500 515.78 982.00 153.48< 162.60< 982.00 515.78
House & Flat/Studio 1 550000 550000 460.64 1194.00 ND ND 1194.00 460.64
OYO Sub Dwelling 1 100000 100000 NA NA ND ND NA NA
Res Dev Site 1 700000 700000 1318.27 531.00 12.96< 96.22< 531.00 1318.27
Res Investment Flat 3 551000 252000 306.63 4044.00 63.40< 57.24< 4044.00 306.63
Res/Rural Lstyle 63 562071 485000 27.67 15180.00 102.11< 95.10< 30184.14 18.62
Short Term Hol Accom 1 4970000 4970000 NA NA ND ND NA NA
Single Strata Unit 1 119000 119000 NA NA ND 52.89< NA NA
Single Strata Unsp 38 297881 293000 NA NA 158.38< 101.38< NA NA
Strata Unit/Flat Uns 60 317878 302500 NA NA 116.35< 82.88< NA NA
Terrace House 1 270500 270500 360.67 750.00 ND 96.95< 750.00 360.67
Townhouse 45 331944 295000 NA NA 113.46< 92.19< NA NA
Vac Res A 245 169661 159000 214.29 616.00 109.66< 97.01< 653.57 267.87
Vac Res B 7 236214 180000 240.20 2373.00 120.00< 80.90< 2540.00 93.00
Vac Res in globo Oth 1 8952640 8952640 2662.10 3363.00 2053.36< 5560.65< 3363.00 2662.10
Vac Res/Rural Lstyle 19 362684 310000 32.97 9100.00 151.22< 159.18< 20254.16 17.91

Municipality totals
Commercial Total 20 Commercial Total Prices $14,176,030
Primary Production Total 25 Primary Production Total Prices $16,559,500
Residential Total 1,438 Residential Total Prices $497,498,679
Industrial Total 11 Industrial Total Prices $4,344,000
All Sales Total 1,494 All Sales Total $532,578,209

A Guide to Property Values 2013 Page 98

 Baw Baw Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 476 50,150 54,886 60 55,500 58,343 283 14,000 17,535

1986 447 56,500 63,676 41 63,000 70,848 244 18,000 21,329
1987 476 57,450 66,219 38 62,500 63,763 228 20,000 24,317
1988 643 66,500 72,496 55 67,500 90,271 299 23,000 28,370
1989 580 75,000 85,344 70 74,000 113,596 556 27,000 30,670
1990 384 81,250 88,769 44 81,750 96,346 259 31,000 37,299
1991 351 81,000 87,947 48 81,000 93,216 187 30,000 37,488
1992 397 84,000 90,959 50 84,250 91,138 224 28,000 32,347
1993 497 84,000 97,847 68 82,000 84,755 214 30,500 39,443
1994 511 90,000 102,333 54 89,200 114,300 316 31,000 35,929
1995 480 88,000 105,399 51 87,500 95,833 154 33,000 44,845
1996 467 89,000 101,862 43 85,000 102,632 160 35,500 49,673
1997 544 90,000 106,118 51 80,000 81,646 192 39,000 49,681
1998 537 89,000 108,159 51 83,000 83,043 179 37,500 45,712
1999 628 97,750 114,491 62 93,500 112,052 205 38,500 42,206
2000 700 100,000 117,743 59 85,000 91,291 190 39,000 43,803
2001 854 121,900 137,135 109 98,000 99,889 355 42,000 49,182
2002 786 149,500 164,700 75 127,000 128,608 493 56,000 58,390
2003 817 175,000 186,395 88 147,500 161,920 589 65,000 65,397
2004 713 198,000 217,539 79 169,000 181,898 594 70,500 73,667
2005 789 212,000 224,116 90 188,500 191,863 465 77,000 82,681
2006 701 215,000 240,148 89 213,000 229,370 340 79,000 98,860
2007 874 235,000 260,993 111 219,000 296,670 390 84,250 96,256
2008 795 230,000 250,511 98 220,000 225,531 476 84,000 88,612
2009 897 244,000 253,520 132 210,000 242,773 718 90,000 97,070
2010 767 265,000 277,102 135 230,000 261,048 904 113,000 119,790
2011 704 281,000 289,744 110 238,500 239,516 540 135,000 140,986
2012 664 287,500 300,245 87 235,000 236,255 395 132,500 136,298
2013 708 296,000 312,419 88 232,500 247,375 323 139,000 147,321
2014 82 300,000 309,882 13 230,000 235,884 44 137,000 134,852

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 99

 Baw Baw Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 2 417100 417100 116.14 5372.50 182.14< 122.68< 5372.50 77.64
Health Clinic Unsp 3 635000 700000 576.92 468.00 ND 162.79< 575.00 1104.35
Medical/Surgery 1 715000 715000 689.49 1037.00 255.36< ND 1037.00 689.49
Mixed Use Unsp 2 1623751 1623751 NA NA 421.75< 347.33< NA NA
Motel 1 1010000 1010000 146.65 6887.00 ND ND 6887.00 146.65
National Co Unsp 1 12300000 12300000 2839.34 4332.00 ND ND 4332.00 2839.34
Office Cvrt Dwelling 1 400000 400000 178.73 2238.00 ND ND 2238.00 178.73
Office Prem Unsp 1 398000 398000 869.00 458.00 ND 90.45< 458.00 869.00
Pub/Tavern/Club Unsp 1 475000 475000 90.51 5248.00 ND 163.79< 5248.00 90.51
Retail Sgle Occ Unsp 2 417100 417100 116.14 5372.50 182.14< 122.68< 5372.50 77.64
Tourist Park/Caravan 1 100000 100000 5.75 17397.00 ND 12.70< 17397.00 5.75
Vehicle Sales Centre 1 2300000 2300000 344.41 6678.00 ND ND 6678.00 344.41
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 462000 462000 508.56 876.00 102.67< 36.52< 876.00 527.40
Factory Unsp 11 342454 280000 278.33 1558.50 133.33< 59.35< 1865.30 191.23
Food ProcessingUnsp 1 3612902 3612902 23.58 153200.00 ND ND 153200.00 23.58
Ind Dev Site 1 200000 200000 143.78 1391.00 86.02< 63.35< 1391.00 143.78
Major Ind Complex 1 4632000 4632000 434.81 10653.00 ND ND 10653.00 434.81
Warehouse Unspec 3 976666 880000 124.28 11837.50 ND 147.28< 11837.50 104.75
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Post Offices 1 489500 489500 815.83 600.00 ND ND 600.00 815.83
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 2820000 2820000 8.87 318000.00 ND 580.53< 318000.00 8.87
Horse Unspecified 2 527500 527500 6.00 166500.00 ND ND 166500.00 3.17
Livestock – Beef 20 684189 652500 1.67 379600.00 180.25< 95.96< 495766.00 1.38
Livestock – Dairy 5 746000 700000 0.84 533740.00 108.53< 125.96< 457090.00 1.63
MixedFarm no impr 2 222000 222000 1.22 502926.50 46.46< 56.56< 502926.50 0.44
MixedFarm&GrazUnsp 37 774140 525000 1.31 401000.00 162.79< 93.33< 459340.11 1.69
Native Hardwood 1 430000 430000 0.97 442100.00 ND ND 442100.00 0.97
Plant/Tree Nursery 1 320000 320000 40.00 8000.00 ND ND 8000.00 40.00
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 22 332909 311000 558.52 649.00 151.71< 106.54< 670.70 501.19
Detached Home Unsp 444 314172 295000 312.91 767.00 111.11< 109.46< 926.35 339.65
Detached Home(exist) 242 307340 295000 490.96 774.00 120.16< 102.79< 921.47 335.46
Res Investment Flat 2 572500 572500 1168.34 398.00 ND 198.10< 398.00 1168.34
Res/Rural Lstyle 190 484247 496250 34.57 8679.00 127.24< 101.28< 29169.54 16.64
Retire Village Unit 1 222500 222500 NA NA 102.89< ND NA NA
Single Strata Unsp 18 258055 251250 NA NA ND 105.57< NA NA
Strata Unit/Flat Uns 46 234804 225000 NA NA 105.76< 94.34< NA NA
Townhouse 21 235976 231000 NA NA 119.38< 96.38< NA NA
Vac Res A 315 145911 139000 220.17 704.00 154.44< 102.96< 740.54 200.01
Vac Res B 8 202875 171500 60.80 2573.00 163.33< 100.88< 2619.75 77.44
Vac Res in globo Oth 2 2900000 2900000 46.90 61860.00 ND 244.01< 61860.00 46.88
Vac Res/Rural Lstyle 61 303764 205000 33.75 6222.00 102.50< 98.80< 29122.49 10.43

Municipality totals
Commercial Total 17 Commercial Total Prices $24,518,902
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $489,500
Primary Production Total 69 Primary Production Total Prices $51,125,992
Industrial Total 19 Industrial Total Prices $16,065,902
Residential Total 1,372 Residential Total Prices $406,883,748
All Sales Total 1,478 All Sales Total $499,084,044

A Guide to Property Values 2013 Page 100

 Bayside City
Residential price statistics 1985 to 2014

3,600,000

3,200,000

2,800,000

2,400,000

2,000,000

1,600,000

1,200,000

800,000

400,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,628 119,100 140,572 613 87,500 109,215 20 82,500 109,790

1986 1,334 136,000 165,126 445 97,500 119,807 28 87,000 121,492
1987 1,508 164,500 196,361 527 120,000 145,925 26 128,100 146,615
1988 1,481 219,000 274,196 547 149,000 191,094 21 117,000 168,385
1989 1,170 259,500 310,731 435 165,000 207,675 11 275,000 324,909
1990 1,081 232,500 287,990 441 165,000 192,447 14 205,750 330,756
1991 1,200 217,500 259,528 460 150,250 183,669 9 200,000 ^ 197,185 ^
1992 1,139 214,000 259,247 391 150,000 173,654 28 150,000 183,192
1993 1,393 225,000 264,164 468 155,000 173,081 18 162,500 212,805
1994 1,475 250,000 293,530 693 152,000 181,576 57 104,500 153,034
1995 1,406 245,000 289,716 566 156,750 188,534 80 190,000 184,603
1996 1,502 250,000 299,193 624 150,500 180,303 84 155,000 175,436
1997 1,742 305,000 356,961 832 184,250 225,435 81 169,000 221,875
1998 1,553 352,000 434,212 692 200,000 249,524 53 166,166 205,617
1999 1,480 402,500 478,863 765 256,000 313,451 40 200,000 275,974
2000 1,593 435,000 520,048 727 265,000 319,218 10 83,000 96,634
2001 1,730 524,000 621,597 952 325,000 380,247 32 171,250 220,345
2002 1,515 602,000 702,452 785 355,000 416,896 11 141,666 154,042
2003 1,548 650,000 754,488 828 375,217 505,842 7 140,000 ^ 157,714 ^
2004 1,334 695,000 825,532 751 400,000 493,155 3 103,125 ^ 116,185 ^
2005 1,487 710,000 881,914 737 415,000 508,763 0 0* 0*
2006 1,557 812,500 1,006,724 845 446,000 564,516 0 0* 0*
2007 1,720 978,569 1,242,708 1,028 515,000 638,338 3 129,950 ^ 189,216 ^
2008 1,200 1,037,500 1,284,622 768 504,000 640,499 0 0* 0*
2009 1,412 1,065,000 1,297,900 841 552,000 662,318 4 312,731 ^ 335,340 ^
2010 1,276 1,250,000 1,477,195 878 653,750 791,502 1 160,000 ^ 160,000 ^
2011 1,141 1,160,000 1,376,751 909 615,000 734,053 3 435,000 ^ 473,333 ^
2012 1,117 1,100,000 1,352,872 924 620,000 717,573 7 440,000 ^ 426,271 ^
2013 1,302 1,200,000 1,423,551 994 670,000 779,721 1 2,050,000 ^ 2,050,000 ^
2014 97 1,110,000 1,261,333 82 695,000 762,283 2 602,500 ^ 602,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 101

 Bayside City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 506000 506000 2517.41 201.00 19.84< ND 201.00 2517.41
Dev Site 1 3800000 3800000 NA NA 546.76< 276.36< NA NA
Health Clinic Unsp 1 3080000 3080000 NA NA ND 231.40< NA NA
LowRise Office Build 3 2553333 1700000 NA NA ND 369.57< NA NA
Medical/Surgery 2 420000 420000 282.64 1486.00 42.86< 98.82< 1486.00 282.64
Mixed Use Unsp 3 1140737 902211 3620.35 511.00 ND 90.22< 923.00 1235.90
Multi-level Office 1 1991000 1991000 4706.86 423.00 131.64< 209.58< 423.00 4706.86
Office & Dwelling 1 24000000 24000000 NA NA ND 155.84< NA NA
Office Prem Unsp 8 498225 389000 5598.80 167.00 ND 105.42< 211.33 4116.88
Pub/Tavern/Club Unsp 1 950000 950000 4523.81 210.00 ND 92.68< 210.00 4523.81
Restaurant 2 1960000 1960000 13295.99 289.00 154.94< ND 289.00 6782.01
Retail Mult Occ Unsp 3 2766666 650000 3086.27 190.50 ND 52.00< 190.50 3083.99
Retail Sgle Occ Unsp 1 3800000 3800000 NA NA 546.76< 276.36< NA NA
Retail Store/Showrm 5 794961 685002 7099.02 200.00 105.38< 40.12< 2457.00 323.55
Shop 7 955300 600000 2870.81 209.00 79.42< 67.80< 208.57 4580.21
Shop & Dwelling 2 472500 472500 2530.36 247.00 25.27< 77.59< 247.00 2530.36
Strata/Subdiv Office 5 365100 520000 2981.58 190.00 262.44< 74.82< 190.00 2981.58
Veterinary Clinic 1 483120 483120 2714.16 178.00 ND ND 178.00 2714.16
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 3850000 3850000 17500.00 220.00 ND ND 220.00 17500.00
Day Care Centre 1 600000 600000 584.80 1026.00 ND ND 1026.00 584.80
School Primary 1 5500000 5500000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 9 349704 319000 61.65 1622.00 47.15< 38.18< 1189.00 193.11
Factory Unsp 6 770800 328900 912.88 1917.00 ND 62.06< 3288.33 223.72
Warehouse 3 488583 205000 112.72 1781.00 16.73< 50.00< 1781.00 112.72
Warehouse Unspec 8 2173175 852500 334.38 3200.00 ND 207.93< 10399.80 298.22
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 3 7425000 5775000 2081.83 2774.00 ND 1650.00< 3509.00 2115.99
Cojoin Strata Unsp 17 980235 847000 3666.07 371.00 ND 97.64< 385.00 2915.58
Detached Home (new) 20 1363662 1400000 4116.28 430.00 130.84< 108.32< 481.13 2803.90
Detached Home Unsp 729 1381870 1215000 1206.11 655.00 75.58< 104.52< 686.22 2049.58
Detached Home(exist) 547 1484500 1180000 1368.10 639.50 110.28< 102.61< 677.65 2250.88
House & Flat/Studio 1 635000 635000 2772.93 229.00 ND ND 229.00 2772.93
OYO Strata Flat 1 3290000 3290000 NA NA 942.69< ND NA NA
Res Investment Flat 10 726200 688500 2961.31 337.00 ND 34.67< 437.50 1708.57
Res/Rural Lstyle 1 3850000 3850000 419.48 9178.00 916.67< ND 9178.00 419.48
ResLandWithImprovemt 3 514000 33000 69.04 478.00 4.55< ND 520.67 987.20
Retire Village Compl 1 7375000 7375000 1398.37 5274.00 ND ND 5274.00 1398.37
Retire Village Unit 18 459009 472500 NA NA 102.72< 191.88< NA NA
Single Strata Unsp 408 812140 710000 2902.37 379.00 125.22< 110.08< 379.00 2902.37
Strata Dwelling 1 525000 525000 NA NA 65.22< ND NA NA
Strata Unit/Flat Uns 420 767668 645000 NA NA 117.27< 120.56< NA NA
Terrace House 5 1230000 1400000 3448.28 290.00 171.78< 82.30< 290.00 3448.28
Townhouse 119 716519 642000 NA NA 113.63< 93.31< NA NA
Vac Res A 1 2050000 2050000 1332.03 1539.00 655.52< 471.26< 1539.00 1332.03
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 4675000 4675000 907.59 5151.00 ND ND 5151.00 907.59

Municipality totals
Commercial Total 48 Commercial Total Prices $80,170,542
Community Services Total 3 Community Services Total Prices $9,950,000
Industrial Total 26 Industrial Total Prices $26,623,290
Residential Total 2,305 Residential Total Prices $2,665,599,160
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $4,675,000
All Sales Total 2,383 All Sales Total $2,787,017,992

A Guide to Property Values 2013 Page 102

 Benalla Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 218 47,500 50,783 24 49,100 51,320 76 15,500 16,043

1986 183 54,000 62,095 28 50,000 52,667 71 18,500 22,976
1987 186 58,000 63,007 23 60,000 56,830 66 23,000 20,748
1988 223 65,000 75,007 28 65,250 64,910 73 25,000 22,991
1989 181 73,500 86,704 30 73,850 71,110 60 26,000 33,010
1990 146 76,500 90,915 35 74,000 70,631 47 27,500 27,474
1991 135 75,000 81,548 18 65,000 64,861 30 25,750 26,633
1992 166 76,500 86,031 22 80,250 79,668 46 26,600 31,834
1993 189 82,500 92,645 18 77,500 77,708 43 30,000 37,512
1994 188 88,000 100,222 22 82,000 86,951 67 34,000 35,332
1995 172 85,000 94,199 18 86,250 81,472 69 35,000 46,489
1996 180 89,500 101,922 10 90,500 87,550 57 39,000 58,691
1997 185 83,500 97,727 29 72,000 76,370 52 32,250 39,800
1998 175 89,000 103,967 23 87,000 87,391 39 38,000 60,634
1999 207 90,000 104,647 29 82,000 92,224 56 34,250 36,769
2000 231 86,000 101,738 31 83,000 83,709 48 39,250 44,783
2001 261 103,000 114,506 34 87,500 90,580 55 41,000 50,737
2002 309 125,000 130,644 55 87,500 95,794 109 53,500 57,960
2003 258 152,750 159,296 41 144,000 131,443 66 48,125 55,231
2004 236 173,500 183,612 26 158,750 172,807 60 66,000 68,230
2005 227 185,000 194,646 47 160,000 166,287 65 78,000 79,650
2006 209 210,000 222,005 32 166,250 153,328 40 75,250 86,537
2007 210 205,000 237,694 24 172,500 169,312 49 85,002 102,500
2008 187 210,000 226,026 27 178,000 168,500 26 87,250 97,553
2009 188 210,000 221,327 22 158,000 169,295 72 83,000 80,847
2010 142 220,000 234,658 31 180,000 199,693 45 88,000 95,466
2011 159 227,000 240,946 15 170,000 169,900 32 89,250 97,203
2012 133 215,000 238,477 37 176,000 176,855 21 87,000 91,476
2013 149 224,000 235,065 32 167,500 165,843 15 101,000 101,954
2014 28 237,500 257,261 4 191,250^ 194,375^ 10 35,315 50,870

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 103

 Benalla Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Hotel/Motel Unsp 2 675000 675000 153.17 5833.50 ND ND 5833.50 115.71
Office Prem Unsp 2 486250 486250 1120.47 386.00 ND ND 386.00 1120.47
Restaurant 1 561000 561000 NA NA ND ND NA NA
Vehicle Sales Centre 1 1250000 1250000 106.84 11700.00 ND ND 11700.00 106.84
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 260000 260000 NA NA ND ND NA NA
Civic Buildings 1 800000 800000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Warehouse/Showroom 1 605000 605000 168.06 3600.00 ND ND 3600.00 168.06
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 11000 11000 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 728000 728000 0.80 904541.00 ND ND 904541.00 0.80
Livestock – Beef 7 360320 338000 0.56 420800.00 110.46< 150.22< 389535.57 0.92
MixedFarm no impr 7 240357 240000 0.35 655000.00 90.57< 96.00< 1031373.29 0.23
MixedFarm&GrazUnsp 29 406572 330000 1.32 522000.00 118.92< 110.00< 792819.83 0.51
Native Hardwood 1 100000 100000 0.18 559000.00 ND ND 559000.00 0.18
Vineyard 1 396000 396000 1.10 361200.00 ND ND 361200.00 1.10
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 42 224341 216000 354.24 715.50 ND 88.16< 872.83 260.07
Detached Home(exist) 107 239274 228000 340.60 734.00 108.57< 103.40< 770.58 312.26
Res Investment Flat 2 160000 160000 NA NA ND ND NA NA
Res/Rural Lstyle 40 327352 315000 12.22 31000.00 107.88< 93.33< 56108.23 5.83
Retire Village Unit 1 104000 104000 NA NA 71.72< ND NA NA
Single Strata Unsp 4 183500 197500 NA NA ND 99.37< NA NA
Strata Unit/Flat Uns 13 165115 150000 NA NA 94.94< 88.24< NA NA
Townhouse 12 166875 167500 NA NA 104.69< 100.30< NA NA
Vac Res A 15 101954 101000 124.69 810.00 121.69< 113.17< 831.18 105.31
Vac Res/Rural Lstyle 19 198280 155000 8.07 40900.00 126.53< 182.35< 64390.47 3.08

Municipality totals
Community Services Total 2 Community Services Total Prices $1,060,000
Industrial Total 1 Industrial Total Prices $605,000
Residential Total 255 Residential Total Prices $58,722,457
Commercial Total 6 Commercial Total Prices $4,133,500
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $11,000
Primary Production Total 46 Primary Production Total Prices $17,219,341
All Sales Total 311 All Sales Total $81,751,298

A Guide to Property Values 2013 Page 104

 Greater Bendigo City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,243 47,500 51,356 136 49,200 57,694 658 11,500 12,828
1986 1,188 54,000 59,058 117 55,000 64,530 635 15,000 17,226
1987 1,388 60,000 66,575 145 58,000 75,597 638 18,000 21,635
1988 1,554 67,800 76,162 247 64,000 79,979 785 21,600 25,096
1989 1,264 78,100 85,435 185 75,000 97,190 573 27,500 32,172
1990 1,213 80,500 89,849 224 80,000 85,606 574 29,500 33,026
1991 1,110 81,000 88,382 193 83,000 91,406 457 27,000 31,243
1992 1,379 84,000 91,615 191 79,500 81,819 593 28,500 32,103
1993 1,521 86,000 93,688 251 80,000 82,221 617 31,500 34,170
1994 1,412 87,000 95,448 195 81,500 89,890 588 32,500 37,442
1995 1,336 86,000 94,452 165 85,000 99,370 457 31,000 35,429
1996 1,389 86,000 94,108 162 80,000 85,623 437 31,000 36,873
1997 1,521 88,250 98,284 211 76,000 83,363 609 33,000 39,208
1998 1,499 90,000 100,173 235 83,000 89,200 585 32,500 36,098
1999 1,564 97,750 109,633 206 87,375 100,916 607 35,000 39,752
2000 1,861 105,000 114,823 268 92,750 107,604 525 36,750 40,321
2001 2,258 122,000 130,041 310 94,000 106,047 951 42,000 45,735
2002 2,246 147,000 161,300 296 125,500 131,415 967 49,950 52,553
2003 2,119 180,000 193,321 419 146,000 154,487 1,085 60,500 64,735
2004 1,975 198,500 210,973 249 166,000 173,885 680 75,000 79,973
2005 1,913 207,000 220,957 267 183,500 189,804 740 80,000 86,436
2006 1,842 220,000 233,259 266 183,000 196,167 665 85,500 96,421
2007 1,908 225,000 240,713 334 188,750 194,698 634 90,000 100,050
2008 1,715 225,150 239,036 243 185,000 194,510 441 85,260 93,180
2009 1,853 235,000 248,499 370 198,725 209,445 782 86,500 93,980
2010 1,669 262,000 280,670 301 217,000 229,956 751 97,950 108,338
2011 1,683 275,000 294,356 268 225,750 233,810 929 107,000 115,540
2012 1,663 295,000 312,946 345 230,000 224,158 861 112,000 119,208
2013 1,760 306,000 326,910 325 236,000 239,973 677 120,000 129,712
2014 250 321,250 334,919 38 242,500 364,513 88 125,000 134,226

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 105

 Greater Bendigo City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 6 588755 624965 242.00 3290.00 269.96< 312.48< 4068.20 165.80
Health Clinic Unsp 2 371250 371250 407.62 907.00 ND 52.47< 907.00 409.32
Health Surgery 1 450000 450000 619.83 726.00 ND 105.26< 726.00 619.83
Hotel/Gaming 1 785000 785000 775.69 1012.00 ND ND 1012.00 775.69
Hotel/Motel Unsp 1 440000 440000 100.16 4393.00 ND 53.99< 4393.00 100.16
Medical/Surgery 1 270000 270000 NA NA 83.72< 65.85< NA NA
Mixed Use Unsp 7 573671 345000 1380.00 250.00 63.30< 70.96< 377.40 835.03
Motel 1 560000 560000 397.16 1410.00 ND 28.43< 1410.00 397.16
Office Prem Unsp 8 456062 432500 2132.29 180.50 ND 3.23< 348.88 1307.24
Pub/Tavern/Club Unsp 1 460000 460000 451.87 1018.00 199.13< 55.76< 1018.00 451.87
Retail Mult Occ Unsp 1 5700000 5700000 NA NA ND 1644.55< NA NA
Retail Sgle Occ Unsp 6 588755 624965 242.00 3290.00 269.96< 312.48< 4068.20 165.80
Retail Store/Showrm 2 746500 746500 349.90 2424.50 82.94< 183.19< 2424.50 307.90
Shop 4 298500 280250 400.76 1179.00 90.99< 78.39< 1478.00 260.60
Shop & Dwelling 2 385700 385700 909.95 573.00 156.15< ND 573.00 909.95
Shopping Centre Unsp 2 180000 180000 103.21 1744.00 3.80< 1.10< 1744.00 103.21
Tourist Park/Caravan 1 1400000 1400000 35.00 40000.00 ND 200.00< 40000.00 35.00
Vehicle Sales Centre 2 1500000 1500000 722.54 1038.00 165.02< ND 1038.00 722.54
Community Services ($/SM) (SM) (SM) ($/SM)
Rectory, Manse, 1 385000 385000 228.08 1688.00 ND ND 1688.00 228.08
School SecondaryUnsp 1 3900000 3900000 631.07 6180.00 ND ND 6180.00 631.07
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 3410000 3410000 962.19 3544.00 741.30< 1033.33< 3544.00 962.19
Factory Unsp 12 597133 428750 265.32 1762.00 97.44< 109.94< 8188.56 76.80
Ind Dev Site 2 364750 364750 122.63 3017.00 ND 94.74< 3017.00 120.90
Vac in globo Land 1 5781625 5781625 97.85 59084.00 ND ND 59084.00 97.85
Warehouse 3 290166 295000 222.87 2064.00 24.57< ND 1789.67 162.13
Warehouse Unspec 6 1113166 805000 224.27 3255.00 322.00< 151.89< 7585.00 163.64
Warehouse/Showroom 1 462000 462000 629.43 734.00 59.94< 56.00< 734.00 629.43
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 693750 693750 0.98 706000.00 ND ND 706000.00 0.98
Livestock – Beef 1 300000 300000 0.62 487389.00 129.87< 54.55< 487389.00 0.62
MixedFarm no impr 8 182962 187500 0.36 538950.00 87.21< 133.95< 505469.00 0.36
MixedFarm&GrazUnsp 58 314439 267500 0.62 425000.00 92.24< 95.54< 807809.97 0.39
Orchard Plantations 1 338888 338888 0.79 430000.00 ND ND 430000.00 0.79
Plant/Tree Nursery 1 770000 770000 38.50 20000.00 ND ND 20000.00 38.50
Vineyard 1 285000 285000 3.56 80000.00 ND 89.06< 80000.00 3.56
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 5 241000 245000 NA NA ND 146.71< NA NA
Detached Home (new) 18 333270 319975 711.01 524.50 124.43< 99.99< 564.94 594.41
Detached Home Unsp 865 321780 300000 375.00 720.00 118.81< 113.21< 865.18 375.97
Detached Home(exist) 873 331686 312500 359.86 727.50 134.12< 109.65< 876.04 377.98
MisImpRuralLand Unsp 5 170500 170000 1.17 60000.00 ND 145.92< 72000.00 2.37
Res Dev Site 1 435000 435000 725.00 600.00 ND 386.67< 600.00 725.00
Res Investment Flat 8 408375 455000 228.15 2288.00 65.00< 221.41< 2288.00 228.15
Res/Rural Lstyle 289 433730 395000 15.00 30000.00 128.87< 110.80< 42825.17 10.15
ResLandWithImprovemt 9 390000 235000 349.65 1001.00 ND 75.81< 35535.56 10.97
Retire Village Compl 2 117826 117826 NA NA ND 103.93< NA NA
Retire Village Unit 12 216954 177500 NA NA 128.16< 124.56< NA NA
Semi-detached Unsp 4 365375 354000 806.04 331.00 ND 103.36< 349.25 1046.17
Single Strata Unit 1 173000 173000 NA NA 216.25< 125.36< NA NA
Single Strata Unsp 105 241914 232500 NA NA 103.33< 110.71< NA NA
Strata Unit/Flat Uns 131 225109 235000 NA NA 117.50< 100.00< NA NA
Townhouse 63 251625 242000 NA NA 119.21< 99.59< NA NA
Vac Res A 658 129673 120000 192.43 608.00 139.70< 113.01< 683.20 193.16
Vac Res B 19 131072 150000 64.11 2402.00 132.74< 126.58< 2737.26 47.88
Vac Res in globo Oth 5 630930 503000 40.61 39400.00 ND 72.53< 527446.60 1.20
Vac Res/Rural Lstyle 138 196395 163500 4.84 33060.00 134.02< 127.73< 47483.76 4.09

Municipality totals
Community Services Total 2 Community Services Total Prices $4,285,000
Industrial Total 26 Industrial Total Prices $25,098,225
Residential Total 3,211 Residential Total Prices $901,808,319
Commercial Total 49 Commercial Total Prices $32,355,160
Primary Production Total 71 Primary Production Total Prices $22,088,811
All Sales Total 3,359 All Sales Total $985,635,515

A Guide to Property Values 2013 Page 106

 Boroondara City
Residential price statistics 1985 to 2014

1,800,000

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,611 116,000 140,347 1,181 76,500 94,837 60 89,000 106,925

1986 2,296 129,000 161,501 967 85,000 108,694 12 77,000 88,750
1987 2,610 163,500 206,778 1,136 95,000 139,205 9 60,000 ^ 108,777 ^
1988 2,636 222,000 274,266 1,123 129,000 175,951 7 60,000 ^ 80,428 ^
1989 2,123 250,000 321,366 927 149,900 191,863 1 97,000 ^ 97,000 ^
1990 1,774 230,000 280,605 945 145,000 172,572 6 93,000 ^ 97,333 ^
1991 1,908 221,000 267,970 900 137,250 160,774 13 182,500 190,384
1992 2,053 230,000 275,562 869 140,000 175,891 14 172,500 182,178
1993 2,165 230,000 276,522 1,242 149,950 174,397 111 138,000 146,620
1994 2,343 255,000 302,757 1,413 145,950 172,288 88 147,500 177,172
1995 2,331 245,000 293,062 1,062 145,000 175,686 72 146,500 168,170
1996 2,384 250,000 295,018 1,288 135,250 162,143 93 95,900 130,753
1997 2,685 310,000 351,505 1,635 162,000 200,564 75 220,000 244,141
1998 2,308 340,000 395,713 1,361 180,000 215,565 84 175,000 210,264
1999 2,347 394,000 460,844 1,463 215,000 245,587 36 193,960 260,454
2000 2,326 420,000 492,232 1,584 237,750 280,024 23 120,000 198,065
2001 2,503 500,000 583,857 1,706 273,750 310,248 37 170,000 257,450
2002 2,314 587,000 679,277 1,407 310,000 363,391 4 130,444 ^ 117,722 ^
2003 2,156 650,000 750,874 1,395 340,000 395,728 21 245,000 206,580
2004 1,963 655,000 769,257 1,333 340,500 389,815 10 245,000 260,150
2005 2,114 700,000 843,475 1,562 340,000 392,969 22 159,975 149,520
2006 2,130 787,000 943,954 1,587 360,750 430,255 25 177,500 204,783
2007 2,373 1,040,000 1,245,957 1,881 460,000 544,131 23 200,000 237,323
2008 1,751 1,025,000 1,237,293 1,369 445,000 500,089 3 187,500 ^ 206,500 ^
2009 2,068 1,113,800 1,296,799 1,851 485,000 532,710 3 190,000 ^ 203,216 ^
2010 2,028 1,320,000 1,500,327 1,627 601,000 684,829 2 446,000 ^ 446,000 ^
2011 1,804 1,257,500 1,458,545 1,401 580,000 628,686 2 682,000 ^ 682,000 ^
2012 1,799 1,230,000 1,442,693 1,260 560,150 644,010 2 495,000 ^ 495,000 ^
2013 2,041 1,405,000 1,607,283 1,374 598,500 687,925 2 210,000 ^ 210,000 ^
2014 123 1,450,000 1,649,455 115 592,000 639,500 0 210,000 * 210,000 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 107

 Boroondara City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 2 1752000 1752000 3637.30 811.00 ND ND 811.00 2160.30
CarPark – OpenAir 1 440000 440000 227.86 1931.00 ND ND 1931.00 227.86
Dev Site 3 855000 985000 1490.30 775.00 298.48< 97.57< 775.00 893.55
Health Clinic Unsp 2 1950000 1950000 1917.27 996.00 ND 219.38< 996.00 1957.83
Health Surgery 2 1085000 1085000 1929.47 586.00 ND ND 586.00 1851.54
Indiv Car Park Unsp 2 170000 170000 NA NA 809.52< 586.21< NA NA
LowRise Office Build 1 3600000 3600000 NA NA ND 13.85< NA NA
Medical/Surgery 2 821750 821750 2907.74 414.00 ND 145.44< 414.00 1984.90
Mixed Use Unsp 5 4760000 4800000 2290.02 2207.50 176.15< 78.19< 2207.50 1966.02
Multi-level Office 5 9130000 6200000 12750.00 1600.00 374.06< 359.42< 2262.67 4368.00
Office Prem Unsp 25 1513274 797500 1823.02 851.00 217.01< 125.00< 1125.83 1846.04
Pub/Tavern/Club Unsp 2 3370000 3370000 3069.25 1141.50 ND 95.00< 1141.50 2952.26
Restaurant 2 990000 990000 2977.78 225.00 108.79< 61.88< 225.00 2977.78
Retail Mult Occ Unsp 11 1138500 935000 1997.86 468.00 ND 92.87< 534.00 1881.71
Retail Sgle Occ Unsp 3 855000 985000 1490.30 775.00 298.48< 97.57< 775.00 893.55
Retail Store/Showrm 5 1527500 1010000 884.62 325.00 66.01< 56.11< 303.00 2560.51
Shop 10 824035 719000 963.95 687.50 85.04< 74.51< 723.17 797.76
Shop & Dwelling 3 903333 925000 2598.31 356.00 95.02< 101.55< 356.00 2598.31
Strata/Subdiv Office 13 623360 615000 1689.81 843.50 110.83< 92.03< 843.50 1315.95
Vehicle Sales Centre 1 635000 635000 NA NA 19.18< ND NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Private Edu Centre 1 8786000 8786000 1800.04 4881.00 ND ND 4881.00 1800.04
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 7 8118151 2850000 1136.36 2508.00 113.55< 129.55< 2188.25 1439.51
Warehouse 1 2750000 2750000 2565.30 1072.00 211.54< ND 1072.00 2565.30
Warehouse Unspec 2 853919 853919 123.23 1078.00 ND ND 1078.00 123.23
Warehouse/Showroom 1 2255000 2255000 1729.29 1304.00 139.91< 442.16< 1304.00 1729.29
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 7 19823 20000 434.78 46.00 173.16< 175.67< 53.00 310.65
ElectricDistribLines 1 88000 88000 3520.00 25.00 ND ND 25.00 3520.00
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 2700000 2700000 1997.04 1352.00 ND ND 1352.00 1997.04
Boarding/Dorm Unsp 1 164000 164000 NA NA ND 6.48< NA NA
Detached Home (new) 37 1825534 1690000 2589.13 589.00 103.05< 90.54< 566.17 3358.23
Detached Home Unsp 1023 1621598 1435000 2463.82 691.00 299.89< 115.73< 723.34 2276.03
Detached Home(exist) 944 1602275 1400000 1364.94 696.00 125.00< 109.38< 722.22 2239.47
Individual Car Park 2 30000 30000 NA NA 400.00< 136.36< NA NA
Res Co Sh Unit Unsp 29 489121 500000 NA NA ND 92.59< NA NA
Res Investment Flat 30 836760 670000 1373.65 777.50 293.22< 105.10< 1324.50 726.20
Res/Rural Lstyle 5 5960600 2258000 162.16 8140.00 15.11< 161.29< 8120.00 734.06
ResLandWithImprovemt 4 1110000 882500 3309.86 710.00 500.00< 83.93< 710.00 3309.86
Retire Village Unit 11 424772 399000 NA NA 84.00< 84.00< NA NA
Semi-detached Unsp 27 1077925 960000 2830.91 323.00 ND 106.67< 354.58 3057.76
Single Strata Unsp 361 704522 635250 NA NA 211.66< 97.70< NA NA
Storage Area 2 7400 7400 NA NA ND ND NA NA
Strata Dwelling 1 440000 440000 NA NA 171.04< 95.65< NA NA
Strata Unit/Flat Uns 726 670854 562250 NA NA 120.91< 102.23< NA NA
Terrace House 10 1237400 1078501 3583.45 386.00 134.39< 102.96< 413.60 2991.78
Townhouse 215 737521 647000 2700.51 197.00 110.69< 95.15< 197.00 2700.51
Vac Res A 2 210000 210000 797.10 138.00 110.53< 30.79< 138.00 797.10
Villa Unit 1 870500 870500 NA NA 175.86< 175.50< NA NA

Municipality totals
Commercial Total 100 Commercial Total Prices $176,579,405
Community Services Total 1 Community Services Total Prices $8,786,000
Industrial Total 11 Industrial Total Prices $63,539,897
Infrastruc&Utilities Total 8 Infrastruc&Utilities Total Prices $226,763
Residential Total 3,432 Residential Total Prices $4,263,277,894
All Sales Total 3,552 All Sales Total $4,512,409,959

A Guide to Property Values 2013 Page 108

 Brimbank City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,936 67,500 71,591 169 44,500 59,581 1,319 28,900 30,871
1986 1,646 74,000 79,380 141 47,500 70,809 1,230 34,200 36,841
1987 1,698 78,000 86,937 209 55,000 69,132 1,206 38,000 42,469
1988 2,339 86,500 97,995 302 62,750 76,093 1,486 42,300 51,266
1989 1,730 108,000 119,145 307 83,000 98,642 1,306 55,000 59,967
1990 1,288 113,000 125,395 205 90,000 101,806 1,094 56,000 58,575
1991 1,200 108,000 117,612 214 90,500 97,578 1,057 47,000 48,663
1992 1,346 106,000 116,247 200 87,000 87,699 1,225 47,250 51,695
1993 1,634 106,000 115,180 251 90,500 92,839 1,090 48,500 53,711
1994 1,753 107,500 114,892 249 90,000 94,797 1,096 51,000 56,947
1995 1,677 106,000 115,804 277 87,500 98,131 1,024 51,500 56,405
1996 1,710 104,000 113,630 314 80,000 86,455 1,048 50,000 55,060
1997 2,140 110,000 122,181 340 95,000 98,145 1,489 53,500 58,341
1998 2,200 115,000 127,108 426 98,000 103,096 1,563 58,950 63,072
1999 2,415 135,000 148,749 422 114,137 119,760 2,383 63,500 68,258
2000 2,429 145,000 163,318 517 125,000 128,139 1,268 67,000 70,572
2001 3,049 167,500 184,213 795 160,000 171,950 1,490 76,650 83,282
2002 2,927 200,000 217,659 500 166,500 177,829 1,137 95,000 98,290
2003 2,837 230,000 248,843 597 197,250 196,916 1,203 126,000 130,087
2004 2,193 240,000 258,425 521 200,000 202,823 640 145,000 144,380
2005 2,513 240,000 261,137 473 206,000 212,956 700 141,000 148,758
2006 2,252 240,126 264,699 427 205,000 232,346 824 140,000 150,169
2007 3,024 262,000 288,720 736 215,000 247,733 1,320 142,000 159,949
2008 2,552 300,000 321,923 617 237,000 245,298 1,055 154,000 156,780
2009 2,883 335,000 354,014 683 270,000 280,183 1,124 171,000 182,234
2010 2,467 399,900 415,925 622 309,500 319,471 514 229,900 237,013
2011 1,871 399,000 416,903 456 315,000 338,312 214 255,000 261,199
2012 1,808 377,250 395,933 492 306,000 310,620 143 270,000 272,033
2013 2,091 381,900 404,220 571 305,000 305,554 201 266,000 268,101
2014 265 385,000 415,183 68 314,000 311,726 17 310,000 303,970

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 109

 Brimbank City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 2200000 2200000 4074.07 540.00 ND ND 540.00 4074.07
Dental Clinic 1 1000000 1000000 988.14 1012.00 ND ND 1012.00 988.14
Dev Site 5 1551096 1242384 437.06 6040.00 78.70< 175.79< 9761.25 193.56
Diagnostic/X-ray 1 2000000 2000000 NA NA ND ND NA NA
Fuel Outlet/Garage 1 300000 300000 486.22 617.00 11.95< 40.00< 617.00 486.22
Health Surgery 1 390000 390000 727.61 536.00 ND ND 536.00 727.61
Mixed Use Unsp 7 5176250 825000 130.39 6327.00 89.67< 232.39< 17598.00 475.91
Office Prem Unsp 4 520875 314650 148.50 8200.00 ND 93.09< 8200.00 148.50
Retail Mult Occ Unsp 3 538333 450000 3352.49 261.00 ND 138.46< 280.67 1918.05
Retail Sgle Occ Unsp 5 1551096 1242384 437.06 6040.00 78.70< 175.79< 9761.25 193.56
Retail Store/Showrm 1 440000 440000 938.17 469.00 55.00< 10.95< 469.00 938.17
Shop 7 533714 484000 618.56 679.00 76.83< 101.89< 1065.00 631.92
Shopping Centre Unsp 1 46000000 46000000 385.11 119446.00 ND 306.67< 119446.00 385.11
Strata/Subdiv Office 1 410000 410000 2971.01 138.00 58.48< 155.95< 138.00 2971.01
Vac in globo Land 1 5175000 5175000 487.29 10620.00 ND 560.40< 10620.00 487.29
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 1225000 1225000 840.19 1458.00 ND 53.85< 1458.00 840.19
Early Childhood Cent 1 781000 781000 530.93 1471.00 ND ND 1471.00 530.93
Industrial ($/SM) (SM) (SM) ($/SM)
Coolstore/Coldstore 1 2200000 2200000 447.61 4915.00 ND ND 4915.00 447.61
Factory 29 1309603 566500 1273.53 964.50 97.17< 121.83< 4863.05 330.04
Factory Unsp 27 842065 633363 134.52 1014.00 150.80< 161.37< 2753.62 307.52
Ind Dev Site 37 781824 440000 427.06 2550.00 116.09< 103.77< 5978.79 134.23
Processing Plant 1 6181000 6181000 NA NA ND ND NA NA
Warehouse 15 1850473 1200000 370.33 2787.50 212.39< 145.45< 8748.60 277.95
Warehouse Unspec 30 1574520 675000 623.77 1018.00 16.17< 88.82< 4106.65 433.63
Warehouse/Showroom 3 1981666 2310000 458.40 3861.00 289.47< 121.58< 3861.00 470.73
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 1 1 0.02 42.00 0.00< 0.00< 42.00 0.02
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 32 383218 350000 539.94 532.50 95.37< 81.40< 565.33 698.56
Detached Home Unsp 1188 407620 385000 444.07 599.00 90.80< 97.47< 620.14 658.95
Detached Home(exist) 865 400538 380000 629.25 588.00 113.43< 95.00< 602.26 666.85
Half Pair or Duplex 2 352000 352000 2006.54 153.00 124.60< 101.59< 153.00 2006.54
House & Flat/Studio 1 260000 260000 408.16 637.00 ND ND 637.00 408.16
Res Dev Site 1 910000 910000 606.67 1500.00 ND 316.00< 1500.00 606.67
Res Investment Flat 11 377272 355000 1261.14 455.50 69.27< 120.34< 441.00 1085.60
Res/Rural Lstyle 7 1091641 1000000 131.74 16700.00 72.07< 78.13< 17434.57 62.61
ResLandWithImprovemt 6 110514 7022 1107.92 364.50 ND 2.19< 364.50 871.06
Retire Village Unit 5 274300 250000 NA NA 100.81< 82.51< NA NA
Semi-detached Unsp 1 464000 464000 736.51 630.00 ND 131.63< 630.00 736.51
Single Strata Unit 3 290000 280000 NA NA 114.29< 93.33< NA NA
Single Strata Unsp 238 298671 300000 NA NA 116.50< 94.94< NA NA
Strata Unit/Flat Uns 243 307982 307000 NA NA 115.20< 99.03< NA NA
Terrace House 2 407500 407500 703.20 577.50 108.38< 111.19< 577.50 705.63
Townhouse 71 312066 310000 NA NA 108.77< 92.54< NA NA
Vac Res A 198 266608 267000 498.05 512.00 156.14< 104.71< 523.57 523.76
Vac Res B 3 366635 154860 73.02 2096.00 ND 36.82< 2085.33 175.82
Vac Res in globo Oth 1 2750000 2750000 85.11 32310.00 901.64< 552.21< 32310.00 85.11

Municipality totals
Community Services Total 2 Community Services Total Prices $2,006,000
Industrial Total 143 Industrial Total Prices $178,960,493
Residential Total 2,878 Residential Total Prices $1,085,550,412
Commercial Total 40 Commercial Total Prices $117,094,218
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $1
All Sales Total 3,064 All Sales Total $1,383,611,124

A Guide to Property Values 2013 Page 110

 Buloke Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 85 26,500 28,651 1 60,000^ 60,000^ 30 5,500 10,063

1986 83 25,000 26,666 0 60,000* 60,000* 34 4,850 7,535
1987 97 24,500 28,858 0 60,000* 60,000* 31 5,000 8,154
1988 109 35,000 39,114 2 41,200^ 41,200^ 37 5,000 10,248
1989 114 33,500 39,900 2 75,500^ 75,500^ 42 7,200 16,828
1990 80 38,000 44,029 3 65,000^ 65,500^ 52 9,750 13,827
1991 66 38,250 41,747 0 65,500* 65,500* 29 10,000 14,017
1992 78 36,750 46,139 2 76,750^ 76,750^ 29 10,000 19,389
1993 75 42,000 46,131 1 70,650^ 70,650^ 36 11,900 25,515
1994 88 47,000 49,667 1 74,000^ 74,000^ 22 7,500 15,829
1995 90 36,300 48,882 3 70,000^ 69,500^ 28 18,500 34,995
1996 100 45,750 56,744 1 19,500^ 19,500^ 55 20,000 37,458
1997 96 42,250 58,169 2 10,000^ 10,000^ 26 28,735 48,513
1998 77 37,500 47,537 1 33,570^ 33,570^ 31 17,379 54,645
1999 86 42,500 62,080 0 33,570* 33,570* 32 11,500 15,145
2000 103 50,000 59,799 1 99,150^ 99,150^ 35 14,500 16,202
2001 103 50,000 59,976 3 70,000^ 66,000^ 51 16,000 21,243
2002 114 52,000 62,372 3 84,679^ 213,559^ 70 23,000 26,117
2003 127 57,500 65,445 0 84,679* 213,559* 48 20,000 23,260
2004 124 67,500 82,100 5 100,000^ 94,800^ 66 15,500 20,434
2005 112 81,500 91,556 4 147,661^ 117,580^ 63 17,500 24,057
2006 106 99,000 108,837 3 120,000^ 130,000^ 34 25,250 31,806
2007 116 85,000 96,039 2 148,975^ 148,975^ 45 17,000 37,469
2008 90 93,000 111,920 4 172,500^ 161,250^ 23 20,000 46,143
2009 92 84,500 92,975 5 170,000^ 162,600^ 14 10,500 24,585
2010 100 89,500 111,449 3 185,000^ 158,666^ 26 38,750 56,451
2011 97 115,000 129,564 2 170,000^ 170,000^ 21 28,000 35,700
2012 86 95,000 105,297 3 189,000^ 146,777^ 25 17,000 48,010
2013 114 103,750 110,118 3 155,000^ 140,000^ 20 20,750 25,470
2014 16 103,500 114,437 0 155,000* 140,000* 2 11,500 ^ 11,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 111

 Buloke Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 27500 27500 17.59 1563.00 61.11< ND 1563.00 17.59
Pub/Tavern/Club Unsp 2 216000 216000 64.47 3525.00 ND 142.57< 3525.00 61.28
Retail Sgle Occ Unsp 1 27500 27500 17.59 1563.00 61.11< ND 1563.00 17.59
Shop & Dwelling 1 165000 165000 226.96 727.00 157.14< ND 727.00 226.96
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 180000 180000 207.13 869.00 600.00< ND 869.00 207.13
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 1 130000 130000 42.04 3092.00 ND 812.50< 3092.00 42.04
Ind Dev Site 2 22500 22500 0.73 38900.00 227.27< 204.55< 38900.00 0.58
Warehouse Unspec 1 198000 198000 9.80 20200.00 ND 388.24< 20200.00 9.80
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 37 358134 304000 0.12 1918000.00 160.00< 113.37< 2453512.24 0.15
MixedFarm + impr 1 597000 597000 0.20 2998807.00 ND 106.35< 2998807.00 0.20
MixedFarm no impr 3 150413 190000 0.15 1301200.00 107.97< 86.36< 2165693.67 0.07
MixedFarm&GrazUnsp 27 272541 192000 0.05 2510644.00 52.82< 74.98< 2655486.30 0.10
Piggery 1 155000 155000 2.05 75720.00 ND ND 75720.00 2.05
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 3 123333 135000 83.38 1619.00 ND ND 1568.33 78.64
Detached Home Unsp 63 109460 100000 115.38 1040.00 ND 87.72< 1310.38 83.53
Detached Home(exist) 48 110156 111500 92.69 1084.00 131.95< 89.92< 1262.96 87.22
Res/Rural Lstyle 15 162166 139500 30.00 9000.00 93.31< 99.64< 41196.00 3.94
ResLandWithImprovemt 3 53500 24000 59.06 2286.00 106.67< 45.28< 3436.67 15.57
Strata Unit/Flat Uns 2 132500 132500 NA NA 68.83< 220.83< NA NA
Townhouse 1 155000 155000 NA NA 103.33< ND NA NA
Vac Res A 13 24423 20000 14.17 847.00 200.00< 70.18< 871.46 28.03
Vac Res B 7 27414 21500 12.71 3139.00 159.26< 238.89< 3086.00 8.88
Vac Res/Rural Lstyle 9 49495 25000 0.45 7318.00 71.43< 56.82< 36221.44 1.37

Municipality totals
Community Services Total 1 Community Services Total Prices $180,000
Industrial Total 4 Industrial Total Prices $373,000
Residential Total 164 Residential Total Prices $16,521,363
Commercial Total 5 Commercial Total Prices $652,000
Primary Production Total 69 Primary Production Total Prices $21,812,843
All Sales Total 243 All Sales Total $39,539,206

A Guide to Property Values 2013 Page 112

 Campaspe Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 392 46,200 51,664 47 54,000 58,993 216 12,550 14,441

1986 355 52,000 55,417 45 58,000 61,835 163 15,500 18,899
1987 442 58,000 63,072 57 55,500 62,305 201 16,500 20,655
1988 557 65,000 72,147 67 67,000 72,928 256 20,000 25,850
1989 457 74,000 82,919 60 74,750 70,513 254 25,000 24,970
1990 368 80,000 87,824 72 87,125 88,003 213 28,200 34,496
1991 334 82,000 88,782 71 83,000 89,089 135 30,000 38,301
1992 430 85,000 93,672 76 88,000 87,730 182 33,000 35,607
1993 428 90,000 101,345 70 89,500 91,187 184 33,125 34,455
1994 475 92,000 99,661 79 92,000 97,306 187 37,500 38,468
1995 441 94,500 107,245 72 94,250 100,700 157 36,900 50,249
1996 483 90,000 101,623 54 92,000 102,511 187 40,000 53,375
1997 575 97,500 109,040 102 95,750 95,610 162 39,000 56,996
1998 549 103,500 117,623 77 94,500 97,817 179 42,000 58,682
1999 551 110,000 122,140 71 96,000 111,401 187 42,000 46,724
2000 576 115,000 125,772 89 114,500 126,025 152 44,750 49,783
2001 736 125,000 134,425 119 98,000 112,171 254 48,500 51,001
2002 756 140,000 155,953 133 135,000 144,376 243 57,000 54,177
2003 723 165,000 174,639 96 152,000 161,310 293 63,000 65,054
2004 638 175,750 188,230 91 175,000 194,764 258 75,000 73,594
2005 683 192,000 211,388 115 185,000 210,632 228 80,000 82,065
2006 625 215,000 239,651 97 190,000 206,094 167 88,500 88,082
2007 638 212,500 242,583 104 200,000 210,932 119 93,500 97,186
2008 486 220,000 248,042 78 209,500 229,169 72 99,500 96,011
2009 471 213,500 235,326 61 201,500 223,131 85 110,000 107,194
2010 401 220,000 230,757 70 207,500 237,564 88 110,000 110,245
2011 375 232,000 251,662 74 202,000 202,539 85 110,000 108,463
2012 377 234,000 251,438 71 229,000 242,611 70 99,000 105,553
2013 418 238,000 259,974 100 200,000 223,190 50 99,000 102,705
2014 77 235,000 235,518 15 221,000 241,733 11 135,000 124,545

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 113

 Campaspe Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Car Wash 1 955000 955000 785.36 1216.00 ND ND 1216.00 785.36
CarPark – OpenAir 1 1460000 1460000 NA NA ND ND NA NA
Com Land (Struct 0) 1 885000 885000 45.88 19290.00 ND ND 19290.00 45.88
Hotel/Motel Unsp 1 1020000 1020000 48.20 21160.00 ND ND 21160.00 48.20
LowRise Office Build 1 4250000 4250000 NA NA ND ND NA NA
Mixed Use Shop 1 80000 80000 NA NA ND ND NA NA
Mixed Use Unsp 3 460000 240000 504.96 1477.50 17.17< 202.11< 1477.50 385.79
Multi-level Office 2 900000 900000 1028.57 875.00 ND ND 875.00 1028.57
Office Prem Unsp 3 698000 575000 1575.34 365.00 ND ND 695.33 1003.84
Retail Mult Occ Unsp 1 105000 105000 425.10 247.00 ND 19.09< 247.00 425.10
Shop 1 200000 200000 288.60 693.00 133.33< 47.62< 693.00 288.60
Shop & Dwelling 2 227500 227500 224.80 1012.00 146.77< 147.73< 1012.00 224.80
Tourist Park/Caravan 1 1200000 1200000 12.96 92600.00 ND ND 92600.00 12.96
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 150000 150000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 12 415494 193600 145.52 1717.50 87.01< 66.76< 8040.88 69.25
Ind Land Build ($0) 1 200000 200000 2.54 78630.00 ND ND 78630.00 2.54
Warehouse 1 1108800 1108800 38.47 28824.00 604.54< 353.68< 28824.00 38.47
Warehouse Unspec 4 312987 315975 149.30 3550.00 ND 126.39< 3558.67 108.84
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Major Water Conduits 1 13200 13200 0.27 49360.00 ND ND 49360.00 0.27
Water Catchment Area 2 29672 29672 0.79 72700.00 ND ND 72700.00 0.79
WaterCatchDamReser 1 5288 5288 0.01 392600.00 ND ND 392600.00 0.01
WaterUrbanDistribut 5 1837 908 0.01 42490.00 ND ND 278099.20 0.01
National Parks, etc ($/SM) (SM) (SM) ($/SM)
CreekRes(freshWater) 1 10450 10450 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 9 467311 460000 0.47 635000.00 185.83< 160.28< 795042.11 0.59
Horse Unspecified 3 382333 352000 1.44 244380.00 ND ND 259860.00 1.47
Livestock – Beef 5 295000 260000 0.24 629798.00 148.57< 92.04< 614436.60 0.48
Livestock – Dairy 31 391765 320000 0.79 664500.00 114.29< 98.78< 738114.61 0.53
Livestock – Sheep 1 95000 95000 2.93 32401.00 40.80< 95.00< 32401.00 2.93
MixedFarm no impr 15 300502 220000 0.37 938900.00 96.49< 115.79< 1380458.33 0.22
MixedFarm&GrazUnsp 80 315797 295000 0.51 502849.00 109.26< 132.58< 752047.05 0.42
Orchard Plantations 1 295000 295000 1.99 148000.00 ND ND 148000.00 1.99
Vineyard 1 465000 465000 2.91 160000.00 ND 73.81< 160000.00 2.91
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 350000 350000 604.49 579.00 111.11< 121.11< 579.00 604.49
Detached Home Unsp 178 286938 255500 354.85 813.50 ND 119.39< 958.19 298.18
Detached Home(exist) 239 239515 229000 213.69 812.00 108.27< 97.45< 1037.97 231.45
MisImpRuralLand Unsp 1 90000 90000 1.10 82000.00 ND 64.29< 82000.00 1.10
Res Dev Site 1 577500 577500 57.75 10000.00 ND 210.00< 10000.00 57.75
Res Investment Flat 10 253650 202500 479.17 480.00 ND 111.26< 480.00 479.17
Res/Rural Lstyle 132 379402 342500 12.87 15150.00 110.48< 117.50< 37369.46 10.15
ResLandWithImprovemt 5 106000 88000 32.81 1413.50 80.73< 42.93< 4322.75 16.19
Retire Village Unit 4 226375 182500 NA NA 71.57< 84.88< NA NA
Single Strata Unsp 42 224285 212250 NA NA ND 108.85< NA NA
Strata Unit/Flat Uns 26 182942 182500 NA NA 82.95< 81.11< NA NA
Townhouse 18 261142 232250 NA NA 136.62< 123.21< NA NA
Vac Res A 41 106390 99000 260.81 786.00 90.00< 90.00< 855.76 123.58
Vac Res B 9 85916 45000 16.59 2713.00 55.56< 54.88< 2736.56 31.40
Vac Res in globo Oth 2 2708750 2708750 53.19 109500.00 ND 687.94< 109500.00 24.74
Vac Res/Rural Lstyle 32 137989 146500 0.31 31912.50 114.90< 148.73< 55564.78 2.48

Municipality totals
Community Services Total 1 Community Services Total Prices $150,000
Industrial Total 18 Industrial Total Prices $7,546,678
Residential Total 741 Residential Total Prices $197,235,363
Commercial Total 19 Commercial Total Prices $15,884,000
Infrastruc&Utilities Total 9 Infrastruc&Utilities Total Prices $87,020
National Parks, etc Total 1 National Parks, etc Total Prices $10,450
Primary Production Total 146 Primary Production Total Prices $49,598,841
All Sales Total 935 All Sales Total $270,512,352

A Guide to Property Values 2013 Page 114

 Cardina Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 514 65,000 71,601 64 55,000 56,023 497 19,700 21,679

1986 472 68,850 80,466 54 59,100 55,127 311 23,000 27,285
1987 523 75,000 88,639 47 67,500 82,753 326 25,000 31,244
1988 859 82,000 99,293 90 75,000 81,986 674 28,000 36,859
1989 594 99,950 119,437 67 87,500 97,149 501 39,000 48,560
1990 419 108,000 125,171 55 95,000 99,597 314 39,500 49,979
1991 543 96,950 112,321 52 91,030 117,633 299 35,500 39,327
1992 666 96,025 113,790 50 85,000 117,921 407 34,000 46,990
1993 711 100,900 117,369 58 81,500 87,219 417 36,000 49,909
1994 744 105,000 120,380 52 82,800 84,963 245 40,000 52,093
1995 673 106,500 128,828 42 78,475 85,939 210 36,500 51,106
1996 647 105,000 125,148 51 83,950 84,771 206 34,250 49,432
1997 803 110,000 129,234 68 80,437 89,059 208 45,500 67,495
1998 812 115,750 137,893 78 86,750 104,974 276 43,000 61,606
1999 951 127,000 151,231 85 94,000 102,967 412 56,750 64,152
2000 1,049 133,000 151,488 71 100,000 108,586 1,094 7,000 34,131
2001 1,239 164,000 188,970 111 126,000 137,993 915 69,000 73,011
2002 1,288 189,500 219,676 120 150,000 165,216 1,460 73,250 81,669
2003 1,367 215,000 241,087 134 172,000 181,359 1,298 84,000 97,201
2004 1,225 240,000 261,936 106 200,000 207,335 828 103,000 113,575
2005 1,209 248,000 274,286 124 210,000 228,873 1,026 110,000 124,508
2006 1,206 260,825 287,760 146 220,000 230,517 937 112,000 125,932
2007 1,490 275,000 307,040 264 218,500 223,114 1,554 122,000 135,813
2008 1,491 286,000 313,679 249 235,000 249,945 1,397 132,000 136,509
2009 1,572 313,148 328,260 332 240,750 253,152 1,826 140,000 146,857
2010 1,461 345,000 366,741 234 270,000 271,245 1,901 163,000 169,561
2011 1,284 350,250 375,700 201 275,000 276,741 1,249 173,000 178,757
2012 1,305 350,000 372,555 214 270,000 277,552 746 177,000 183,801
2013 1,327 345,000 369,821 197 260,000 273,207 690 174,900 180,515
2014 209 345,000 364,812 24 253,750 265,083 58 164,500 178,248

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 115

 Cardina Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
CarPark – OpenAir 1 1039500 1039500 516.39 2013.00 ND ND 2013.00 516.39
Dev Site 6 468397 365000 179.83 2033.50 25.17< 57.12< 7616.50 61.50
Fuel Outlet/Garage 1 9250000 9250000 308.33 30000.00 1213.11< 1528.93< 30000.00 308.33
Hotel/Motel Unsp 1 790000 790000 366.25 2157.00 ND 137.39< 2157.00 366.25
Mixed Use Unsp 1 2400000 2400000 NA NA 305.73< ND NA NA
National Co Unsp 1 12500000 12500000 NA NA ND ND NA NA
Office Prem Unsp 1 300000 300000 NA NA ND ND NA NA
Retail Sgle Occ Unsp 6 468397 365000 179.83 2033.50 25.17< 57.12< 7616.50 61.50
Retail Store/Showrm 1 350000 350000 361.20 969.00 14.00< 2.76< 969.00 361.20
Shop 5 394000 200000 262.73 609.00 41.45< 45.45< 652.33 541.65
Shopping Centre Unsp 1 39883000 39883000 NA NA ND ND NA NA
Strata/Subdiv Office 2 432500 432500 NA NA 30.35< 46.51< NA NA
Tourist Park/Caravan 1 1450000 1450000 326.06 4447.00 ND ND 4447.00 326.06
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 115000 115000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 10 285900 284750 359.56 1182.00 76.70< 74.93< 5647.89 47.00
Factory Unsp 10 458000 374000 556.46 3005.50 120.65< 106.86< 9466.50 48.99
Ind Dev Site 2 539550 539550 119.21 5451.50 144.07< 84.57< 5451.50 98.97
Oil Refinery 1 1625000 1625000 354.96 4578.00 ND ND 4578.00 354.96
Warehouse 3 694166 365000 816.55 447.00 72.13< 44.58< 1524.33 455.39
Warehouse Unspec 5 2083550 275000 1234.07 221.50 ND 89.29< 424.50 823.17
Warehouse/Factory 2 700000 700000 717.34 967.00 ND 121.74< 967.00 723.89
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 8250 8250 NA NA 117.86< 94.29< NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
Kennel/Cattery 1 1507000 1507000 194.08 7765.00 ND ND 7765.00 194.08
Livestock – Beef 2 800000 800000 2.26 362400.00 61.54< 73.39< 362400.00 2.21
MixedFarm + impr 1 350000 350000 0.29 1200000.00 ND 26.72< 1200000.00 0.29
MixedFarm&GrazUnsp 31 817354 700000 1.15 348244.00 159.09< 79.55< 378465.90 2.16
Plant/Tree Nursery 1 745000 745000 346.67 2149.00 ND ND 2149.00 346.67
Poultry broiler 1 900000 900000 11.12 80900.00 94.74< 50.00< 80900.00 11.12
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 40 367277 331500 842.63 448.00 104.41< 92.62< 483.45 754.73
Detached Home Unsp 606 368780 343900 652.67 655.00 138.95< 101.16< 814.23 454.26
Detached Home(exist) 678 370651 349950 659.26 675.00 112.16< 98.58< 844.46 440.76
Half Pair or Duplex 2 300000 300000 401.63 784.50 91.32< 98.68< 784.50 382.41
Res Investment Flat 5 321450 291000 954.10 305.00 ND 109.81< 305.00 954.10
Res/Rural Lstyle 246 646480 625000 41.38 15365.00 115.74< 104.17< 40552.38 15.94
ResLandWithImprovemt 5 478200 441000 5.00 66528.50 44.10< 95.87< 165308.25 2.87
Retire Village Unit 5 324500 325000 NA NA 112.65< 114.04< NA NA
Single Strata Unsp 53 265226 252000 NA NA 103.92< 94.74< NA NA
Strata Unit/Flat Uns 86 267350 260000 NA NA 105.58< 96.65< NA NA
Terrace House 1 679000 679000 754.44 900.00 222.62< 155.64< 900.00 754.44
Townhouse 48 282143 272500 NA NA 113.54< 94.62< NA NA
Vac Res A 681 179610 174900 462.56 454.00 125.02< 101.69< 521.67 342.92
Vac Res B 9 249055 225000 67.87 2210.00 143.77< 95.74< 2489.78 100.03
Vac Res in globo Oth 9 4277182 1573000 139.40 31933.00 ND 68.50< 183558.33 23.30
Vac Res/Rural Lstyle 41 413886 357000 10.62 13645.00 110.78< 120.61< 39651.85 10.49

Municipality totals
Commercial Total 28 Commercial Total Prices $76,418,270
Community Services Total 1 Community Services Total Prices $115,000
Industrial Total 33 Industrial Total Prices $24,043,350
Residential Total 2,515 Residential Total Prices $886,019,884
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $8,250
Primary Production Total 37 Primary Production Total Prices $30,440,003
All Sales Total 2,615 All Sales Total $1,017,044,757

A Guide to Property Values 2013 Page 116

 Casey City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,120 68,000 74,765 223 60,000 67,534 1,469 24,500 33,473
1986 1,906 73,200 81,748 185 64,000 76,983 1,764 25,500 38,717
1987 2,346 76,200 85,050 236 68,000 83,517 2,064 27,000 39,777
1988 3,462 89,300 102,525 413 78,000 96,834 3,088 35,000 46,512
1989 2,335 112,000 125,627 347 97,500 142,321 1,886 50,000 67,247
1990 2,207 111,500 125,322 332 97,000 114,416 1,722 47,500 57,125
1991 2,483 105,000 116,137 284 87,500 102,278 1,984 42,000 49,870
1992 2,630 104,000 113,517 331 85,000 98,075 2,544 41,500 47,662
1993 2,711 104,500 111,926 316 86,000 105,308 2,555 43,000 47,505
1994 2,836 108,000 115,637 317 88,500 101,738 2,187 44,500 50,976
1995 2,485 108,060 119,977 260 87,975 105,428 1,581 45,000 54,048
1996 2,557 105,000 118,379 268 86,000 98,965 1,387 45,000 53,744
1997 3,285 110,000 121,180 358 92,000 111,613 2,101 47,000 55,087
1998 3,255 115,000 126,168 302 95,000 107,756 2,191 50,000 58,122
1999 3,700 130,000 144,575 335 106,000 127,222 3,065 56,000 61,591
2000 4,145 145,000 158,208 475 126,000 144,117 2,461 61,500 65,054
2001 5,100 163,500 178,574 473 135,000 154,936 4,517 66,500 72,418
2002 5,142 189,000 209,391 574 163,500 180,995 4,154 82,000 89,058
2003 5,248 220,200 239,751 487 185,500 209,265 3,852 115,000 122,363
2004 4,339 240,000 261,947 450 205,000 222,223 2,205 136,100 143,041
2005 4,619 250,000 271,986 441 216,000 232,860 2,231 139,000 146,180
2006 4,118 260,000 287,557 504 227,600 268,157 2,453 144,900 158,218
2007 5,519 280,000 308,775 741 231,000 252,070 3,045 158,900 164,097
2008 4,452 305,000 327,881 646 249,000 265,102 2,099 169,000 179,503
2009 5,081 332,200 354,130 789 282,000 301,952 2,668 179,975 186,173
2010 4,385 375,000 401,049 546 301,750 320,016 2,269 203,000 212,665
2011 3,813 375,000 400,907 458 313,000 346,299 1,746 220,000 226,440
2012 3,631 375,000 398,446 473 300,000 327,005 1,839 210,000 215,699
2013 4,037 385,000 409,608 557 290,000 311,813 1,992 204,000 212,692
2014 583 397,000 411,548 51 286,000 301,926 140 210,001 219,113

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 117

 Casey City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 446000 446000 3946.90 113.00 ND ND 113.00 3946.90
Dev Site 6 1062503 1166331 348.22 2758.00 102.44< 108.34< 3408.00 311.77
Health Clinic Unsp 3 1091666 1240000 693.50 1031.00 ND 275.56< 884.67 1233.99
Mixed Use Unsp 3 1438333 900000 1969.37 457.00 54.29< 230.77< 77930.67 18.46
National Co Rest 1 11000000 11000000 NA NA ND 407.41< NA NA
National Co Unsp 2 15865000 15865000 2341.00 739.00 ND ND 739.00 2341.00
Office Prem Unsp 2 1025000 1025000 NA NA ND 315.38< NA NA
Restaurant 1 760000 760000 87.54 8682.00 152.00< 380.00< 8682.00 87.54
Retail Mult Occ Unsp 1 385000 385000 514.02 749.00 ND 63.64< 749.00 514.02
Retail Sgle Occ Unsp 6 1062503 1166331 348.22 2758.00 102.44< 108.34< 3408.00 311.77
Retail Store/Showrm 2 7929999 7929999 2244.20 2272.00 1248.82< 496.63< 2272.00 3490.32
Shop 4 1287750 653000 4032.26 186.00 40.81< 149.43< 339.67 4509.32
Shopping Centre Unsp 1 62754401 62754401 865.58 72500.00 75.84< ND 72500.00 865.58
Strata/Subdiv Office 3 1466666 1150000 766666.67 3.00 331.89< 109.49< 3.00 766666.67
Tourist Park/Caravan 1 1500000 1500000 213.40 7029.00 ND ND 7029.00 213.40
Vehicle Sales Centre 2 8882501 8882501 1338.17 7156.00 521.73< 1558.33< 7156.00 1241.27
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 950000 950000 445.38 2133.00 ND 101.60< 2133.00 445.38
Day Care Centre 1 300000 300000 174.72 1717.00 ND 17.91< 1717.00 174.72
Early Childhood Cent 2 944000 944000 NA NA 95.84< ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 18 817194 463000 336.57 1340.00 107.93< 74.68< 2495.36 433.19
Factory Unit 1 840000 840000 NA NA ND 178.06< NA NA
Factory Unsp 21 672261 500000 824.26 1010.00 44.94< 95.24< 1553.33 513.03
Ind Dev Site 8 1034102 860910 333.54 3761.50 129.36< 108.17< 16942.50 61.04
Office/Factory 1 2199318 2199318 975.74 2254.00 ND ND 2254.00 975.74
Warehouse 7 878178 679250 806.31 1269.00 109.17< 133.23< 1284.00 752.50
Warehouse Unspec 5 1836500 1075000 474.11 4306.00 ND 72.39< 7107.25 285.47
Warehouse/Factory 3 1713393 1350000 1397.95 2453.50 ND 90.00< 2453.50 772.40
National Parks, etc ($/SM) (SM) (SM) ($/SM)
VacLnd FutureReserve 1 1705000 1705000 551.60 3091.00 ND ND 3091.00 551.60
Primary Production ($/SM) (SM) (SM) ($/SM)
Aquaculture Breeding 1 1200000 1200000 23.44 51190.00 ND ND 51190.00 23.44
Horse Unspecified 1 660000 660000 44.15 14950.00 ND 89.80< 14950.00 44.15
Livestock – Beef 2 1500000 1500000 3.34 477887.50 18.75< ND 477887.50 3.14
MixedFarm&GrazUnsp 3 2163333 1700000 6.48 245518.00 60.71< 74.73< 264039.33 8.19
Poultry broiler 1 1856000 1856000 21.58 86000.00 ND 165.71< 86000.00 21.58
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 160000 160000 NA NA 40.51< 106.67< NA NA
Detached Home (new) 85 440153 430000 925.16 481.00 118.05< 102.87< 526.30 874.06
Detached Home Unsp 1957 409241 385000 560.39 621.00 113.15< 105.48< 651.08 630.48
Detached Home(exist) 1983 408847 382750 609.08 628.00 115.98< 101.66< 661.10 620.62
Half Pair or Duplex 1 275000 275000 469.28 586.00 104.76< 80.29< 586.00 469.28
House & Flat/Studio 1 202000 202000 515.31 392.00 ND ND 392.00 515.31
Res Dev Site 5 2580609 1050000 340.25 3086.00 506.02< 293.60< 7050.00 366.04
Res Investment Flat 14 408821 341500 1221.88 262.00 114.21< 93.56< 262.00 1100.19
Res Land ($0) 2 1962500 1962500 703.67 5490.00 ND 314.00< 5490.00 357.47
Res/Rural Lstyle 186 890697 772250 95.60 8245.50 122.14< 100.95< 16443.04 54.44
ResLandWithImprovemt 12 397516 325000 900.86 478.00 4642.86< 37.75< 889.30 382.35
Retire Village Unit 32 286601 271000 NA NA 94.43< 92.65< NA NA
Single Strata Unsp 166 301302 295000 NA NA 93.35< 97.68< NA NA
Strata Unit/Flat Uns 231 307518 280000 NA NA 100.36< 87.64< NA NA
Sub Div (in globo) 1 9707500 9707500 159.95 60690.00 388.30< 152.40< 60690.00 159.95
Sub Div (Multi Lot) 2 2794843 2794843 265.09 9255.00 1331.51< 142.46< 9255.00 301.98
Terrace House 10 407282 391250 533.15 558.00 134.68< 113.90< 545.33 746.81
Townhouse 113 332496 300000 NA NA 105.26< 95.24< NA NA
Vac Res A 1988 212115 204000 468.75 448.00 113.40< 92.73< 481.37 451.99
Vac Res B 4 499436 478250 235.57 2385.00 146.03< 108.08< 2596.25 192.37
Vac Res in globo Oth 13 3668004 1625000 10.12 30350.00 947.52< 73.86< 84224.54 43.55
Vac Res/Rural Lstyle 22 627488 540000 88.94 4036.00 125.58< 233.26< 8238.41 76.17
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 1000000 1000000 NA NA 124.11< ND NA NA

Municipality totals
Commercial Total 39 Commercial Total Prices $174,141,444
Community Services Total 4 Community Services Total Prices $3,138,000
Industrial Total 64 Industrial Total Prices $60,609,069
Primary Production Total 8 Primary Production Total Prices $13,206,000
Residential Total 6,829 Residential Total Prices $2,515,008,172
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $1,000,000
National Parks, etc Total 1 National Parks, etc Total Prices $1,705,000
All Sales Total 6,946 All Sales Total $2,768,807,685

A Guide to Property Values 2013 Page 118

 Central Goldfields Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 201 35,000 40,061 10 49,500 44,540 117 7,000 9,515

1986 218 43,000 46,810 10 56,200 71,040 132 8,900 10,414
1987 219 42,000 46,653 13 59,000 57,115 124 10,750 15,491
1988 232 49,250 53,886 18 62,550 58,583 91 12,000 14,956
1989 249 58,000 62,569 12 63,000 60,020 99 15,000 19,940
1990 193 58,000 64,483 20 68,000 69,798 93 17,000 17,846
1991 185 57,500 59,203 7 74,000^ 74,285^ 67 14,000 15,879
1992 193 59,000 64,693 9 72,500^ 69,077^ 59 13,000 16,355
1993 202 62,000 64,818 16 63,000 54,375 69 13,500 15,500
1994 177 62,000 67,405 10 74,250 75,150 72 14,150 21,869
1995 156 65,000 71,360 16 74,500 69,078 65 16,000 29,346
1996 213 63,000 70,083 20 79,500 72,998 89 16,000 20,838
1997 168 65,250 71,273 13 77,000 68,269 56 15,000 21,696
1998 161 60,000 66,295 10 79,000 128,250 72 17,000 23,265
1999 184 69,000 72,540 22 63,500 63,363 69 18,500 24,442
2000 232 67,500 75,575 18 64,000 62,236 64 19,725 23,375
2001 285 76,500 85,051 28 76,000 82,553 112 29,500 35,552
2002 292 84,250 97,016 23 89,000 92,456 148 35,475 39,773
2003 292 104,812 110,863 24 123,000 106,041 98 34,250 35,779
2004 245 132,000 140,361 24 135,250 141,096 77 38,000 41,142
2005 258 130,000 140,338 23 139,500 151,434 49 32,500 40,218
2006 232 140,000 156,795 17 143,000 143,552 60 43,750 45,277
2007 264 135,000 149,987 24 140,000 149,041 67 50,000 75,088
2008 219 142,500 158,190 26 163,500 183,480 34 56,500 50,160
2009 240 147,500 159,837 23 155,000 150,826 23 56,000 54,869
2010 207 157,500 171,243 21 163,000 190,238 54 60,500 65,077
2011 218 176,750 182,561 31 188,000 185,709 50 67,750 73,580
2012 194 180,000 187,499 27 185,000 188,629 37 72,000 67,440
2013 209 190,000 195,618 21 199,000 193,166 34 81,000 85,544
2014 26 188,000 196,173 5 180,000^ 163,600^ 7 75,000 ^ 73,285 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 119

 Central Goldfields Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Hotel/Motel Unsp 1 412000 412000 112.02 3678.00 ND ND 3678.00 112.02
Retail Mult Occ Unsp 1 120000 120000 200.00 600.00 ND ND 600.00 200.00
Shop 4 276604 275000 1018.14 271.50 53.92< ND 262.50 1053.73
Shopping Centre Unsp 1 13500000 13500000 1376.01 9811.00 ND ND 9811.00 1376.01
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 250000 250000 NA NA 312.50< ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 2 168750 168750 58.77 4660.50 238.85< 21.47< 4660.50 36.21
Ind Dev Site 3 632367 276102 29.67 9307.00 464.82< 818.08< 31473.33 20.09
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 7500 7500 2.13 3517.00 375.00< 15.00< 3517.00 2.13
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 55000 55000 0.09 592900.00 ND 70.97< 592900.00 0.09
Livestock – Sheep 8 214437 174000 0.40 883600.00 71.02< 91.34< 1094962.50 0.20
MixedFarm no impr 1 50000 50000 0.08 665200.00 39.06< 33.33< 665200.00 0.08
MixedFarm&GrazUnsp 7 406740 175180 0.50 844600.00 46.71< 70.92< 1130419.71 0.36
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 2 280000 280000 285.43 1669.00 ND 98.25< 1669.00 167.77
Detached Home Unsp 108 189672 185000 208.57 863.00 264.29< 102.21< 982.53 193.18
Detached Home(exist) 99 200400 195000 180.65 858.00 131.31< 111.43< 1558.17 129.21
Res Investment Flat 2 235750 235750 808.04 336.00 ND 178.60< 336.00 808.04
Res/Rural Lstyle 83 232597 250000 7.42 31000.00 115.74< 102.04< 40872.11 5.69
ResLandWithImprovemt 3 61333 15000 4.33 2307.00 ND ND 2368.00 25.90
Single Strata Unsp 8 195187 187500 NA NA ND 97.15< NA NA
Strata Unit/Flat Uns 11 183954 199000 NA NA 147.41< 107.57< NA NA
Vac Res A 31 89112 82000 102.53 829.00 139.57< 121.48< 816.89 103.38
Vac Res B 3 48666 33000 16.50 2000.00 134.69< 20.12< 2000.00 24.33
Vac Res/Rural Lstyle 44 115495 75000 4.81 40550.00 83.33< 100.00< 236537.52 0.49

Municipality totals
Community Services Total 1 Community Services Total Prices $250,000
Industrial Total 5 Industrial Total Prices $2,234,602
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $7,500
Residential Total 394 Residential Total Prices $72,420,634
Commercial Total 7 Commercial Total Prices $15,138,416
Primary Production Total 17 Primary Production Total Prices $4,667,680
All Sales Total 425 All Sales Total $94,718,832

A Guide to Property Values 2013 Page 120

 Colac Otway Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 327 42,300 46,679 33 56,200 57,642 195 13,000 16,072

1986 283 46,500 52,614 24 59,350 58,454 181 12,500 15,469
1987 306 50,000 57,855 20 63,650 67,530 128 17,000 21,272
1988 411 55,500 63,367 27 60,000 70,922 150 22,750 25,647
1989 372 60,250 76,501 30 68,000 68,100 190 28,000 34,319
1990 282 69,000 76,658 38 82,000 85,877 157 34,000 34,185
1991 260 74,000 80,113 28 71,050 70,083 102 30,500 35,854
1992 321 75,000 84,863 22 90,517 90,024 118 37,500 45,478
1993 289 82,500 93,526 26 71,750 74,503 113 38,000 43,028
1994 308 85,250 94,121 34 85,500 86,801 112 38,000 41,298
1995 279 82,000 103,065 18 94,750 86,166 99 40,000 53,404
1996 279 82,000 101,567 30 81,250 71,358 87 37,500 45,240
1997 371 85,000 104,413 34 107,500 133,676 120 38,500 53,215
1998 350 87,000 103,683 49 80,000 85,642 118 40,000 53,721
1999 366 92,500 116,438 36 74,825 100,231 167 42,500 51,312
2000 402 97,000 124,350 65 128,000 142,774 164 49,750 55,534
2001 526 125,000 147,288 68 127,250 163,522 224 57,250 64,982
2002 504 140,000 179,619 65 141,500 185,430 171 55,000 71,627
2003 456 163,500 197,831 56 180,000 223,071 130 77,875 99,074
2004 451 190,000 241,238 55 245,000 293,387 98 81,875 94,026
2005 386 195,000 243,260 58 230,000 253,505 70 95,000 110,237
2006 329 215,000 263,560 78 232,750 257,224 144 91,250 118,875
2007 451 235,000 292,545 82 271,000 283,722 174 93,000 129,853
2008 336 220,000 266,605 60 260,000 318,999 84 99,000 126,904
2009 341 233,000 287,719 58 239,000 274,241 103 108,000 121,703
2010 287 245,000 327,416 54 316,000 334,699 109 117,500 142,022
2011 283 240,000 306,354 53 249,000 277,755 120 119,000 167,993
2012 292 242,500 295,375 45 270,000 290,788 91 117,000 138,512
2013 327 240,000 299,381 54 253,500 296,494 87 121,000 143,328
2014 40 255,000 294,360 4 267,500^ 297,500^ 7 120,000 ^ 127,642 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 121

 Colac Otway Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Café 1 683000 683000 91.94 7429.00 ND ND 7429.00 91.94
Dev Site 1 210000 210000 120.34 1745.00 46.40< 113.51< 1745.00 120.34
Hotel/Motel Unsp 1 1600000 1600000 1066.67 1500.00 ND 196.32< 1500.00 1066.67
Mixed Use Unsp 1 352000 352000 708.25 497.00 ND 40.81< 497.00 708.25
Office & Dwelling 1 435000 435000 3346.15 130.00 ND ND 130.00 3346.15
Pub/Tavern/Club Unsp 4 423750 425000 116.05 2783.50 ND ND 2790.25 151.87
Retail Sgle Occ Unsp 1 210000 210000 120.34 1745.00 46.40< 113.51< 1745.00 120.34
Retail Store/Showrm 1 1877000 1877000 2323.02 808.00 ND 213.30< 808.00 2323.02
Shop 1 1170000 1170000 2962.03 395.00 615.79< 351.88< 395.00 2962.03
Tourist Park/Caravan 2 1215000 1215000 23.64 44655.00 232.54< ND 44655.00 27.21
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 385000 385000 220.63 1745.00 89.53< ND 1745.00 220.63
Factory Unsp 4 432737 117975 92.48 1337.00 89.38< 37.01< 1786.75 242.19
Ind Dev Site 2 96000 96000 52.64 1802.00 106.67< 49.52< 1802.00 53.27
Warehouse Unspec 1 195000 195000 153.66 1269.00 ND 278.57< 1269.00 153.66
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 2 677500 677500 0.75 2193000.00 ND 122.07< 2193000.00 0.31
Livestock – Beef 16 327210 300000 1.39 318150.00 48.00< 77.92< 363774.69 0.90
Livestock – Dairy 9 525908 565000 0.38 580700.00 52.07< 160.28< 651925.56 0.81
Livestock – Sheep 1 850000 850000 1.37 620500.00 180.85< ND 620500.00 1.37
MixedFarm + impr 1 1620000 1620000 6.18 262000.00 ND 171.43< 262000.00 6.18
MixedFarm no impr 2 318182 318182 1.01 300000.00 93.58< 137.59< 300000.00 1.06
MixedFarm&GrazUnsp 31 470993 350000 0.42 453200.00 84.13< 97.22< 632145.58 0.75
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 2 519500 519500 579.48 929.00 107.01< 212.04< 929.00 559.20
Detached Home Unsp 159 304025 245000 263.03 769.00 ND 112.39< 900.29 329.85
Detached Home(exist) 166 292281 240000 1572.33 795.00 104.35< 92.31< 978.06 295.98
Res Investment Flat 2 303000 303000 NA NA ND 111.40< NA NA
Res/Rural Lstyle 60 419166 392500 35.52 12176.00 110.56< 108.13< 30206.68 13.88
ResLandWithImprovemt 1 482000 482000 461.69 1044.00 237.73< ND 1044.00 461.69
Single Strata Unsp 19 268473 240000 NA NA ND 126.32< NA NA
Strata Unit/Flat Uns 24 320587 262500 NA NA 110.76< 75.87< NA NA
Townhouse 9 289955 249000 NA NA 101.84< 86.16< NA NA
Vac Res A 77 147572 122000 135.44 800.00 122.00< 104.72< 838.15 190.21
Vac Res B 10 110650 95000 59.93 2461.50 82.61< 57.58< 2601.20 42.54
Vac Res/Rural Lstyle 41 182256 155000 4.78 36640.00 108.58< 79.49< 51629.66 3.53

Municipality totals
Industrial Total 8 Industrial Total Prices $2,502,950
Residential Total 570 Residential Total Prices $159,482,641
Commercial Total 14 Commercial Total Prices $10,662,000
Primary Production Total 62 Primary Production Total Prices $29,030,703
All Sales Total 654 All Sales Total $201,678,294

A Guide to Property Values 2013 Page 122

 Corangamite Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 197 35,500 40,900 12 40,350 38,708 71 7,700 8,860

1986 180 38,000 42,752 9 45,000^ 47,833^ 70 8,000 8,995
1987 191 38,000 45,831 16 51,850 57,175 73 10,000 12,567
1988 244 42,750 51,043 15 50,200 44,960 95 11,000 16,440
1989 250 50,000 62,922 18 60,000 66,000 105 13,000 17,611
1990 183 55,000 64,845 11 70,000 71,250 61 11,000 15,282
1991 120 57,000 59,545 4 69,000^ 78,250^ 46 15,125 20,726
1992 165 60,000 65,899 9 60,000^ 59,833^ 34 18,250 23,851
1993 176 59,250 67,355 13 80,000 90,461 56 17,500 29,139
1994 189 59,000 79,096 10 74,750 72,350 49 15,000 28,956
1995 205 70,000 94,253 7 75,000^ 72,214^ 61 22,500 51,557
1996 232 63,000 86,104 9 77,000^ 75,278^ 70 24,500 59,834
1997 247 60,000 83,502 9 78,600^ 91,410^ 61 27,000 69,392
1998 221 65,000 82,969 9 74,000^ 75,888^ 52 25,500 57,927
1999 191 67,000 87,297 11 77,500 92,090 69 24,000 28,751
2000 227 70,000 85,226 13 80,000 91,576 40 24,000 27,192
2001 248 69,750 83,949 10 72,000 80,900 81 31,000 60,639
2002 272 83,000 97,211 12 83,500 80,083 107 24,000 34,139
2003 269 105,000 118,040 16 112,500 132,575 111 32,000 45,747
2004 237 136,500 148,940 18 159,500 213,583 57 30,000 43,614
2005 250 160,000 184,089 17 180,000 170,147 67 44,000 54,699
2006 210 170,000 196,672 12 166,500 182,708 56 53,500 66,293
2007 198 171,750 196,390 24 200,500 236,124 46 56,750 77,778
2008 204 174,000 198,390 6 187,000^ 188,833^ 25 70,000 80,556
2009 208 165,000 180,709 15 142,500 166,033 24 60,000 66,458
2010 167 182,500 194,343 11 216,000 211,545 39 90,000 97,607
2011 151 173,800 195,677 11 215,000 232,500 41 75,000 75,563
2012 125 183,500 194,324 14 177,500 208,750 22 78,750 85,681
2013 159 172,000 206,907 10 172,500 210,350 31 70,000 64,460
2014 23 160,000 162,046 3 195,000^ 170,000^ 4 98,750 ^ 125,125 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 123

 Corangamite Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Mixed Use Unsp 2 222500 222500 313.73 791.00 164.81< 85.41< 791.00 281.29
Pub/Tavern/Club Unsp 1 255000 255000 62.99 4048.00 ND ND 4048.00 62.99
Retail Store/Showrm 1 150000 150000 1079.14 139.00 120.00< 111.11< 139.00 1079.14
Serv Apt/Unit Unsp 2 770120 770120 13.70 97325.00 ND ND 97325.00 7.91
Supermarket 1 200000 200000 133.33 1500.00 ND ND 1500.00 133.33
Vehicle Sales Centre 1 300000 300000 136.99 2190.00 ND 85.23< 2190.00 136.99
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 1 90000 90000 75.82 1187.00 181.82< ND 1187.00 75.82
Ind Dev Site 1 418000 418000 3.74 111813.00 211.11< ND 111813.00 3.74
Warehouse Unspec 1 440000 440000 37.29 11800.00 ND ND 11800.00 37.29
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 1350300 1350300 0.52 2603600.00 ND 183.39< 2603600.00 0.52
GenCrop >20ha Unsp 1 371025 371025 0.37 1001000.00 ND 80.94< 1001000.00 0.37
Livestock – Beef 2 526674 526674 0.61 1023644.50 109.72< 263.34< 1023644.50 0.51
Livestock – Dairy 18 732588 583200 0.58 719970.00 97.20< 120.30< 1067774.72 0.69
MixedFarm no impr 5 429340 306000 0.81 618200.00 57.24< 82.44< 863476.00 0.50
MixedFarm&GrazUnsp 41 944691 530000 0.83 675150.00 255.42< 126.19< 1359562.24 0.69
Poultry broiler 2 520000 520000 3.49 130150.00 ND ND 130150.00 4.00
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 49 214386 185000 504.95 1010.00 111.16< 109.21< 1201.98 179.39
Detached Home(exist) 110 203576 170000 269.80 1010.00 103.03< 100.00< 1158.10 175.78
MisImpRuralLand Unsp 1 100000 100000 23.53 4250.00 ND ND 4250.00 23.53
Res Investment Flat 1 250000 250000 NA NA ND ND NA NA
Res/Rural Lstyle 54 304874 255000 32.73 15510.00 109.09< 108.51< 62393.94 4.89
ResLandWithImprovemt 4 209250 231000 8.69 35090.00 187.80< 189.34< 25470.00 10.04
Single Strata Unsp 4 229500 145000 NA NA ND 67.44< NA NA
Strata Unit/Flat Uns 3 197166 230000 NA NA 158.62< 129.58< NA NA
Townhouse 2 172000 172000 NA NA 156.36< 76.44< NA NA
Vac Res A 25 71499 83000 44.55 1010.00 132.80< 92.22< 993.28 71.98
Vac Res B 6 35133 13500 19.72 2023.00 23.79< 38.57< 2338.67 15.02
Vac Res in globo Oth 1 210000 210000 17.27 12160.00 ND 170.04< 12160.00 17.27
Vac Res/Rural Lstyle 24 92970 64000 4.18 20000.00 41.03< 64.13< 29846.92 3.11

Municipality totals
Residential Total 284 Residential Total Prices $56,841,666
Commercial Total 8 Commercial Total Prices $2,890,241
Industrial Total 3 Industrial Total Prices $948,000
Primary Production Total 70 Primary Production Total Prices $57,880,333
All Sales Total 365 All Sales Total $118,560,240

A Guide to Property Values 2013 Page 124

 Greater Dandenong City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,179 68,500 71,771 988 54,000 66,778 255 30,700 43,254
1986 1,985 74,000 77,940 726 61,000 87,553 374 33,500 43,263
1987 2,095 78,000 84,393 892 66,600 105,748 391 37,500 55,655
1988 2,776 89,900 98,217 1,241 74,000 113,270 234 52,000 73,178
1989 1,577 112,700 121,006 911 93,500 146,677 100 80,000 105,641
1990 1,316 110,000 115,459 701 90,000 113,871 107 66,828 95,913
1991 1,294 104,000 109,074 585 85,000 110,792 112 50,000 51,340
1992 1,308 100,000 106,932 520 80,000 92,961 72 55,000 62,196
1993 1,396 97,000 102,713 575 76,500 93,941 70 60,000 90,093
1994 1,515 98,000 106,315 594 74,850 105,180 99 65,000 74,496
1995 1,406 95,000 106,021 528 75,250 92,709 139 67,500 76,858
1996 1,432 95,000 103,178 649 75,500 96,965 122 68,000 72,648
1997 1,807 103,000 112,690 777 74,000 91,780 145 67,950 104,258
1998 1,712 110,000 118,162 791 80,500 99,338 125 79,892 105,195
1999 1,796 122,500 132,087 828 87,000 103,080 104 75,000 83,152
2000 1,777 132,000 142,103 918 95,000 106,412 77 91,000 96,518
2001 2,105 152,000 168,482 1,161 113,500 125,583 204 112,000 115,238
2002 1,949 185,000 200,046 1,063 139,000 148,573 310 159,000 155,839
2003 1,867 223,000 236,599 1,025 165,000 177,454 230 205,000 187,632
2004 1,665 240,000 261,669 897 180,000 193,256 238 219,000 204,968
2005 1,808 248,750 264,477 991 185,000 200,055 221 222,000 202,614
2006 1,642 262,000 287,255 947 200,000 218,742 206 223,000 210,446
2007 1,971 290,000 321,617 1,322 225,000 262,073 183 209,000 210,517
2008 1,419 335,000 364,072 987 250,000 266,108 50 197,000 213,074
2009 1,775 360,000 385,404 1,294 285,000 292,304 355 210,000 231,079
2010 1,484 425,000 456,930 945 315,000 326,483 322 300,000 282,884
2011 1,350 420,000 445,716 747 313,000 313,327 302 307,500 303,218
2012 1,195 400,000 428,000 739 310,000 312,009 193 332,000 309,874
2013 1,380 418,250 439,307 882 320,000 327,109 178 352,250 336,236
2014 173 425,000 448,240 107 307,000 310,589 6 298,500 ^ 301,666 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 125

 Greater Dandenong City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 5 1047207 418000 330.09 1018.00 91.88< 34.72< 1291.33 391.85
Fuel Outlet/Garage 1 2950000 2950000 885.35 3332.00 126.88< 163.89< 3332.00 885.35
Health Clinic Unsp 4 628250 680000 908.69 764.50 74.73< 121.43< 757.25 829.65
Indiv Car Park Unsp 1 75000 75000 60.83 1233.00 ND ND 1233.00 60.83
LowRise Office Build 1 979000 979000 897.34 1091.00 ND ND 1091.00 897.34
Medical/Surgery 2 2025000 2025000 1981.66 1073.50 262.99< 736.36< 1073.50 1886.35
Mixed Use Unsp 11 1387931 438625 186.73 1944.00 36.55< 43.86< 5958.00 318.49
Motel 1 3300000 3300000 606.28 5443.00 ND ND 5443.00 606.28
Multi-level Office 1 2970000 2970000 460.04 6456.00 ND 269.60< 6456.00 460.04
Office Prem Unsp 7 720482 372350 1407.85 586.00 ND 111.70< 586.00 1407.85
Playhouse/Theatre 1 418000 418000 334.40 1250.00 ND ND 1250.00 334.40
Pub/Tavern/Club Unsp 1 1675000 1675000 NA NA ND 167.50< NA NA
Restaurant 4 772250 729500 2384.62 390.00 54.04< 162.11< 4728.67 164.25
Retail Mult Occ Unsp 1 2600000 2600000 NA NA ND 344.14< NA NA
Retail Sgle Occ Unsp 5 1047207 418000 330.09 1018.00 91.88< 34.72< 1291.33 391.85
Retail Store/Showrm 2 815000 815000 1496.35 895.50 67.36< 25.70< 895.50 910.11
Shop 14 953535 507500 965.11 772.00 117.34< 111.29< 2111.40 392.96
Strata/Subdiv Office 3 131666 150000 NA NA 18.13< 67.57< NA NA
Vehicle Sales Centre 1 9000000 9000000 615.34 14626.00 ND 914.87< 14626.00 615.34
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 550000 550000 565.84 972.00 ND 37.80< 972.00 565.84
School Primary 1 817500 817500 563.40 1451.00 ND 109.29< 1451.00 563.40
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 43 1269084 550000 532.76 1404.00 91.67< 120.22< 5253.20 341.28
Factory Unsp 99 1080242 474100 647.51 1776.00 40.87< 87.23< 4302.33 316.27
Ind Dev Site 17 1892747 594000 411.21 2782.00 73.72< 66.34< 5420.73 487.13
Warehouse 13 992776 700000 564.25 1878.50 46.67< 62.57< 2284.30 420.91
Warehouse Unspec 10 1571462 1460000 642.58 2626.50 ND 108.29< 4712.30 333.48
Warehouse/Factory 1 1445000 1445000 NA NA ND ND NA NA
Warehouse/Showroom 2 9027000 9027000 539.30 32735.00 1298.85< 570.25< 32735.00 539.30
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 77120 77120 861.95 183.00 36.46< 854.99< 183.00 421.42
RailwayPassengerTerm 1 30250 30250 0.13 238120.00 ND ND 238120.00 0.13
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 1 35500000 35500000 54.36 653100.00 ND ND 653100.00 54.36
MarketGardenVeg <20h 1 866000 866000 42.77 20246.00 ND ND 20246.00 42.77
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 3 3766666 1050000 255.66 4107.00 ND ND 5490.33 686.05
Detached Home (new) 18 477962 437666 776.14 536.00 119.91< 104.21< 510.50 936.26
Detached Home Unsp 666 434963 415165 604.49 579.00 127.74< 100.04< 615.33 709.55
Detached Home(exist) 692 442516 420000 731.62 585.00 116.67< 100.00< 609.74 726.91
Half Pair or Duplex 2 404250 404250 608.08 666.00 132.01< 95.12< 666.00 606.98
Nursing Home 1 6190000 6190000 NA NA ND ND NA NA
OYO Subdivided Flat 1 195000 195000 NA NA ND ND NA NA
Res Dev Site 1 1604240 1604240 311.20 5155.00 ND 617.02< 5155.00 311.20
Res Investment Flat 82 378259 332500 1000.00 270.00 100.76< 102.15< 520.31 750.74
Res Land ($0) 1 575000 575000 976.23 589.00 ND ND 589.00 976.23
Res/Rural Lstyle 7 2418305 2300000 240.01 11958.00 146.03< 93.50< 12737.57 189.86
ResLandWithImprovemt 10 430280 394500 574.84 628.00 53.31< 65.21< 1679.20 328.76
Retire Village Unit 7 309698 295000 NA NA 118.00< 94.25< NA NA
Single Strata Unit 1 706000 706000 NA NA 588.33< 231.48< NA NA
Single Strata Unsp 241 333094 320000 NA NA 88.23< 100.12< NA NA
Storage Area 1 4400 4400 366.67 12.00 ND ND 12.00 366.67
Strata Unit/Flat Uns 413 312829 320000 NA NA 113.48< 109.12< NA NA
Sub Div (Multi Lot) 1 6050000 6050000 195.79 30900.00 ND 173.93< 30900.00 195.79
Terrace House 2 462500 462500 1227.69 443.50 142.31< 284.62< 443.50 1042.84
Townhouse 137 328103 320000 NA NA 109.59< 98.46< NA NA
Vac Res A 176 335090 351950 793.33 450.00 167.60< 115.39< 492.80 686.40
Vac Res B 2 437062 437062 144.77 3019.00 164.34< 99.79< 3019.00 144.77
Vac Res in globo Oth 2 3552714 3552714 215.37 122451.50 107.59< 100.93< 122451.50 29.01
Vac Res/Rural Lstyle 1 355000 355000 10.32 34398.00 60.12< 73.96< 34398.00 10.32
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
WaterSport Pool/Aqua 1 650000 650000 606.91 1071.00 ND ND 1071.00 606.91

Municipality totals
Commercial Total 66 Commercial Total Prices $79,776,197
Community Services Total 2 Community Services Total Prices $1,367,500
Industrial Total 185 Industrial Total Prices $241,811,054
Primary Production Total 2 Primary Production Total Prices $36,366,000
Residential Total 2,468 Residential Total Prices $1,009,019,710
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $650,000
Infrastruc&Utilities Total 3 Infrastruc&Utilities Total Prices $184,490
All Sales Total 2,727 All Sales Total $1,369,174,951

A Guide to Property Values 2013 Page 126

 Darebin City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,099 67,000 72,354 636 50,100 60,743 134 35,000 36,799
1986 1,892 72,500 79,179 618 55,000 72,846 68 45,500 54,798
1987 1,936 79,550 89,088 739 57,500 76,191 67 58,500 76,044
1988 2,220 98,000 109,249 853 72,000 110,887 60 61,000 67,458
1989 1,614 123,000 132,520 655 87,500 131,558 33 61,000 78,915
1990 1,422 120,000 131,294 571 92,000 109,024 17 85,000 89,897
1991 1,380 115,000 120,940 561 90,000 98,237 20 75,500 79,411
1992 1,375 115,000 120,636 497 90,000 99,468 33 60,000 60,124
1993 1,552 116,000 123,610 615 85,000 97,317 65 73,500 82,389
1994 1,675 123,000 130,658 742 85,000 98,143 159 64,000 70,232
1995 1,584 120,000 127,654 628 85,000 100,328 172 66,750 75,093
1996 1,763 122,000 132,458 695 85,000 103,978 163 66,000 66,603
1997 1,995 140,000 151,237 1,025 86,000 100,472 258 75,650 82,231
1998 1,824 160,000 172,588 989 104,000 116,219 198 90,000 93,279
1999 1,873 190,000 203,990 961 125,000 138,790 344 93,500 117,369
2000 1,940 211,250 226,497 1,029 135,000 154,191 161 90,000 93,268
2001 2,053 255,000 271,405 1,145 174,000 196,348 147 108,000 122,558
2002 1,843 298,000 307,983 1,006 205,000 235,322 110 150,000 144,746
2003 1,836 328,750 348,229 1,031 235,000 250,183 269 208,000 199,192
2004 1,670 337,000 357,373 889 240,000 252,768 188 233,075 220,698
2005 1,743 350,000 375,815 954 245,000 264,097 166 220,675 219,658
2006 1,693 380,000 405,053 1,021 258,000 275,969 145 250,000 237,693
2007 1,923 450,000 484,836 1,403 300,000 320,553 127 285,000 273,953
2008 1,413 480,000 515,382 1,012 315,000 341,717 53 290,000 272,972
2009 1,587 523,000 557,418 1,440 360,000 386,838 33 299,000 263,278
2010 1,476 620,000 656,730 1,098 400,000 428,877 37 375,000 449,909
2011 1,400 625,500 661,345 957 396,220 424,741 68 352,000 355,237
2012 1,275 609,200 643,537 1,049 377,000 398,487 19 291,000 379,631
2013 1,420 653,250 694,268 1,251 393,000 413,829 34 380,000 349,419
2014 129 655,500 673,930 127 401,000 465,638 5 399,850 ^ 430,970 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 127

 Darebin City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 8931000 8931000 NA NA ND ND NA NA
Dev Site 3 1716866 370000 536.20 279.00 40.44< 45.87< 816.00 2104.00
Fuel Outlet/Garage 2 1750000 1750000 1314.65 1404.50 ND ND 1404.50 1246.00
Hotel/Motel Unsp 1 2330000 2330000 875.28 2662.00 ND ND 2662.00 875.28
Indiv Car Park Unsp 1 95000 95000 NA NA ND ND NA NA
LowRise Office Build 1 2780000 2780000 3988.52 697.00 ND ND 697.00 3988.52
Medical/Surgery 2 1553500 1553500 1947.64 723.50 ND ND 723.50 2147.20
Mixed Use Unsp 3 927666 539000 726.82 2187.50 44.67< 32.67< 2187.50 525.49
Office Prem Unsp 7 722071 615000 2091.80 355.50 ND 13.67< 422.75 1288.88
Reception/Function 1 1102500 1102500 NA NA ND ND NA NA
Restaurant 1 350000 350000 125.72 2784.00 8.80< 31.82< 2784.00 125.72
Retail Mult Occ Unsp 10 579900 516500 1938.02 242.00 ND 114.78< 249.10 2327.98
Retail Sgle Occ Unsp 3 1716866 370000 536.20 279.00 40.44< 45.87< 816.00 2104.00
Retail Store/Showrm 4 709000 715000 838.74 1143.00 26.00< 99.31< 1277.25 555.10
Shop 11 586862 462500 5952.05 146.00 107.18< 50.27< 141.00 5626.93
Shop & Dwelling 3 597666 590000 2578.13 256.00 126.88< 102.16< 401.33 1489.20
Shopping Centre Unsp 1 18700000 18700000 374.00 50000.00 ND ND 50000.00 374.00
Strata/Subdiv Office 2 466500 466500 1558.60 401.00 53.01< 32.42< 401.00 1558.60
Vehicle Sales Centre 2 358500 358500 NA NA 77.93< 21.73< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 510000 510000 1992.19 256.00 ND ND 256.00 1992.19
School Primary 1 6435000 6435000 441.57 14573.00 ND ND 14573.00 441.57
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 10 804200 460000 706.80 1129.00 58.92< 76.03< 1990.67 402.55
Factory Unsp 28 797594 592500 894.13 699.00 132.11< 82.29< 1659.86 551.63
Ind Dev Site 4 1103750 722500 874.22 2894.00 87.05< 222.99< 2524.67 481.25
Warehouse 11 917290 446600 1134.27 674.00 58.84< 83.71< 674.00 1134.27
Warehouse Unspec 7 915500 750000 535.84 1546.50 192.31< 58.31< 2002.00 557.88
Warehouse/Showroom 1 1430000 1430000 1610.36 888.00 ND 371.43< 888.00 1610.36
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 15 14981 12650 275.00 42.00 185.48< 181.62< 40.09 311.86
TelecomTowers Unspec 1 1182500 1182500 2681.41 441.00 ND ND 441.00 2681.41
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 1900000 1900000 657.44 2890.00 ND 48.10< 2890.00 657.44
Boarding/Dorm Unsp 2 569250 569250 2070.39 483.00 ND ND 483.00 2070.39
Cojoin Strata Unsp 82 443201 395500 828.11 797.00 93.06< 101.15< 706.86 622.98
Detached Home (new) 16 703837 693000 2535.41 353.00 130.75< 119.48< 396.07 1782.76
Detached Home Unsp 772 688492 650000 1201.48 541.00 171.05< 104.84< 541.60 1284.61
Detached Home(exist) 588 707974 659500 909.45 508.00 126.16< 103.57< 506.77 1406.54
Half Pair or Duplex 1 285000 285000 NA NA 61.96< 55.88< NA NA
Individual Car Park 1 30000 30000 NA NA ND 600.00< NA NA
Res Investment Flat 28 626246 388250 2842.56 156.50 6.07< 14.07< 156.50 2731.63
Res/Rural Lstyle 1 3000000 3000000 259.97 11540.00 833.33< 508.47< 11540.00 259.97
ResLandWithImprovemt 3 660666 417000 3399.43 353.00 104.51< 92.67< 353.00 3399.43
Retire Village Unit 21 286264 250000 NA NA 74.91< 62.50< NA NA
Semi-detached Unsp 26 582386 578500 2258.86 402.50 ND 93.61< 396.58 1563.78
Single Strata Unit 2 429000 429000 NA NA 115.17< 99.77< NA NA
Single Strata Unsp 221 455071 425000 NA NA 110.39< 106.25< NA NA
Strata Unit/Flat Uns 703 385571 383000 NA NA 107.89< 98.21< NA NA
Terrace House 17 668667 640000 4362.24 196.00 104.92< 94.05< 342.07 1965.96
Townhouse 194 439829 420750 NA NA 109.86< 105.04< NA NA
Vac Res A 34 349419 380000 754.24 590.00 127.09< 107.95< 602.32 606.27
Vac Res in globo Oth 1 4213333 4213333 428.88 9824.00 21.28< 1276.77< 9824.00 428.88

Municipality totals
Commercial Total 59 Commercial Total Prices $77,567,688
Industrial Total 61 Industrial Total Prices $52,718,334
Residential Total 2,714 Residential Total Prices $1,527,705,852
Community Services Total 2 Community Services Total Prices $6,945,000
Infrastruc&Utilities Total 16 Infrastruc&Utilities Total Prices $1,407,228
All Sales Total 2,852 All Sales Total $1,666,344,102

A Guide to Property Values 2013 Page 128

 East Gippsland Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 619 56,000 62,219 47 66,000 73,048 802 15,000 17,208

1986 576 60,000 67,112 71 67,500 77,018 619 15,000 20,226
1987 618 66,000 75,573 78 67,250 98,357 567 18,500 22,872
1988 788 69,250 77,557 86 72,750 91,682 588 22,000 27,929
1989 767 76,000 91,219 107 74,000 88,048 677 26,000 32,367
1990 565 82,000 89,860 82 79,250 86,124 504 27,500 34,144
1991 510 80,375 90,471 66 89,300 99,313 408 26,000 31,147
1992 548 82,250 90,121 76 91,220 109,171 406 26,500 33,446
1993 605 87,000 100,859 84 88,250 102,260 477 26,500 31,617
1994 621 91,500 103,849 116 87,750 94,672 496 26,250 30,255
1995 591 91,500 104,069 73 88,000 99,668 316 31,675 41,260
1996 557 90,000 103,545 100 87,500 101,257 297 30,000 40,723
1997 596 85,000 100,654 91 78,000 89,464 303 36,000 46,389
1998 649 87,000 103,428 88 91,750 108,903 244 30,000 42,734
1999 738 92,750 108,067 85 93,000 108,075 270 33,000 41,365
2000 885 96,000 112,491 116 99,500 128,653 324 28,900 36,495
2001 1,121 105,000 122,039 163 92,500 108,889 518 36,750 45,756
2002 1,311 128,000 145,413 209 105,000 134,734 814 40,000 49,141
2003 1,228 162,500 181,608 223 170,000 223,431 842 55,000 62,392
2004 861 195,000 215,217 146 199,500 341,706 409 75,000 75,783
2005 843 210,000 233,777 122 202,500 250,322 348 78,000 83,269
2006 811 220,000 238,646 127 197,000 242,707 373 85,000 92,159
2007 976 230,000 263,009 109 205,000 267,041 308 87,750 100,153
2008 722 232,500 267,797 149 195,000 217,177 286 90,000 97,973
2009 872 235,000 257,343 153 225,000 294,263 328 93,000 100,447
2010 776 255,000 283,730 140 222,000 233,476 377 110,000 111,840
2011 616 257,000 277,533 128 226,000 271,980 292 114,000 117,860
2012 601 255,000 277,864 114 205,000 228,578 299 105,000 111,789
2013 696 257,500 284,118 132 216,500 232,203 253 102,750 114,377
2014 127 267,000 288,352 28 280,000 284,678 54 95,500 114,344

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 129

 East Gippsland Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Car Wash 2 937500 937500 418.13 2248.00 ND ND 2248.00 417.04
Crematorium/Funeral 1 1045000 1045000 398.70 2621.00 ND ND 2621.00 398.70
Dev Site 2 413000 413000 590.96 1283.50 258.13< 208.59< 1283.50 321.78
Hotel/Motel Unsp 4 782750 286500 2.15 1132700.00 ND 166.09< 1132700.00 2.15
Mixed Use Unsp 4 322500 284000 310.90 862.00 52.59< 119.83< 812.00 294.75
Office Prem Unsp 2 275500 275500 1058.82 374.00 ND 202.57< 374.00 1058.82
Pub/Tavern/Club Unsp 1 440000 440000 1419.35 310.00 ND ND 310.00 1419.35
Retail Mult Occ Unsp 1 265000 265000 9.06 29250.00 ND 49.07< 29250.00 9.06
Retail Sgle Occ Unsp 2 413000 413000 590.96 1283.50 258.13< 208.59< 1283.50 321.78
Retail Store/Showrm 1 200000 200000 NA NA 74.57< ND NA NA
Shop 1 250000 250000 360.23 694.00 63.13< 138.89< 694.00 360.23
Strata/Subdiv Office 1 275000 275000 182.72 1505.00 72.37< 217.39< 1505.00 182.72
Tourist Park/Caravan 2 470500 470500 287.78 1540.00 101.46< 68.69< 1540.00 305.52
Community Services ($/SM) (SM) (SM) ($/SM)
Technical&Further Ed 1 660000 660000 1145.83 576.00 ND ND 576.00 1145.83
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 6 250216 263250 242.26 1396.00 32.56< 66.48< 1340.75 232.85
Factory Unsp 7 287035 231000 83.55 1556.00 105.00< 275.00< 31744.20 10.79
Food ProcessingUnsp 1 100000 100000 172.41 580.00 ND ND 580.00 172.41
Ind Dev Site 2 66500 66500 41.36 1088.00 55.10< 40.30< 1088.00 41.36
OpenStorageUnsp 1 500000 500000 NA NA ND ND NA NA
Warehouse 1 250000 250000 724.64 345.00 96.71< ND 345.00 724.64
Warehouse Unspec 2 222750 222750 57.20 3254.00 ND 101.25< 3254.00 68.45
Warehouse/Showroom 1 148500 148500 8.89 16700.00 ND ND 16700.00 8.89
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 50000 50000 11.67 4283.00 483.19< 1143.64< 4283.00 11.67
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 28 362055 332500 0.20 1088500.00 ND 136.60< 1432855.11 0.25
GenCrop >20ha Unsp 1 465000 465000 1.99 233700.00 ND ND 233700.00 1.99
Livestock – Beef 9 488555 450000 0.30 1163542.00 222.22< 152.03< 989978.22 0.49
Livestock – Dairy 1 165000 165000 0.12 1392063.00 ND 30.84< 1392063.00 0.12
Livestock – Sheep 1 90000 90000 0.27 330000.00 136.57< 49.62< 330000.00 0.27
MixedFarm no impr 16 259275 225000 0.40 459400.00 97.83< 120.32< 692553.81 0.37
MixedFarm&GrazUnsp 42 322639 235000 0.68 448250.00 98.95< 81.03< 1041664.57 0.31
Native Hardwood 2 105750 105750 0.23 2056350.00 ND 44.53< 2056350.00 0.05
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 9516217 9516217 951.62 10000.00 ND ND 10000.00 951.62
Cojoin Strata Unsp 1 295000 295000 NA NA ND 212.23< NA NA
Detached Home (new) 3 365000 370000 407.49 908.00 131.91< 103.93< 978.67 372.96
Detached Home Unsp 406 282868 257250 354.12 802.00 72.46< 103.94< 995.42 283.90
Detached Home(exist) 286 284231 257250 437.19 812.00 109.47< 100.29< 1244.47 230.50
MisImpRuralLand Unsp 14 172686 177500 1.21 87110.00 ND 71.57< 150285.21 1.15
Res Dev Site 1 350000 350000 106.58 3284.00 ND 219.09< 3284.00 106.58
Res Investment Flat 2 280000 280000 339.75 883.00 4.31< 61.54< 883.00 339.75
Res/Rural Lstyle 154 361077 350000 16.26 22770.00 106.46< 100.00< 37558.52 9.61
ResLandWithImprovemt 6 192750 182000 106.39 925.00 104.75< 56.88< 15255.50 12.63
Retire Village Unit 8 216687 233750 NA NA 155.83< 97.80< NA NA
Sep House & Curt 1 295000 295000 147.50 2000.00 ND ND 2000.00 147.50
Single Strata Unsp 46 230554 211000 NA NA 131.88< 92.75< NA NA
Strata Unit/Flat Uns 39 249089 232000 NA NA 102.43< 107.91< NA NA
Sub Div (Multi Lot) 1 1300000 1300000 9.50 136900.00 ND 38.00< 136900.00 9.50
Terrace House 1 517000 517000 NA NA 202.75< ND NA NA
Townhouse 36 215063 188750 NA NA 82.07< 74.90< NA NA
Vac Res A 234 113236 101700 136.09 845.00 109.35< 89.21< 906.02 125.93
Vac Res B 19 128432 134000 55.09 2632.00 136.04< 118.58< 2661.84 48.25
Vac Res in globo Oth 1 1400000 1400000 2.13 656750.00 ND 175.00< 656750.00 2.13
Vac Res/Rural Lstyle 86 159097 145500 13.48 11165.00 112.14< 102.46< 31494.94 5.05

Municipality totals
Commercial Total 24 Commercial Total Prices $11,915,000
Community Services Total 1 Community Services Total Prices $660,000
Industrial Total 21 Industrial Total Prices $5,087,550
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $50,000
Primary Production Total 100 Primary Production Total Prices $33,165,344
Residential Total 1,346 Residential Total Prices $343,058,903
All Sales Total 1,493 All Sales Total $393,936,797

A Guide to Property Values 2013 Page 130

 Frankston City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,150 67,500 73,237 481 58,000 68,378 1,070 25,000 30,355
1986 1,877 73,500 82,532 440 65,000 75,509 1,016 26,300 33,608
1987 2,112 76,900 88,019 499 68,500 88,811 1,076 28,000 35,093
1988 2,918 88,000 102,406 872 72,000 89,542 1,668 34,500 42,022
1989 1,883 111,500 127,198 461 95,000 116,726 992 46,000 54,453
1990 1,554 110,000 122,900 410 93,000 106,956 619 44,500 53,051
1991 1,584 102,500 114,268 386 87,000 95,859 512 39,500 44,408
1992 1,705 100,000 111,099 419 83,000 91,989 593 39,000 44,885
1993 1,709 100,000 109,238 507 83,000 96,063 628 40,000 44,817
1994 1,829 99,000 110,140 450 82,725 86,500 621 43,000 51,429
1995 1,779 98,000 111,539 363 79,950 88,621 563 40,500 51,142
1996 1,771 95,000 107,831 391 75,500 84,145 412 39,000 47,921
1997 2,416 100,000 111,364 512 79,000 88,331 540 48,000 54,925
1998 2,321 110,000 120,880 534 82,500 94,696 519 52,000 63,039
1999 2,831 123,000 134,666 739 93,000 103,113 763 57,000 64,041
2000 2,851 135,000 155,733 731 105,000 117,404 505 59,000 65,929
2001 3,379 155,000 174,775 906 124,475 141,293 1,109 64,000 81,489
2002 3,193 185,000 213,797 906 150,000 164,265 1,040 89,000 114,423
2003 3,304 226,000 253,867 915 185,000 199,953 1,002 119,000 133,965
2004 2,790 242,000 271,806 746 199,250 219,826 465 133,000 156,128
2005 2,749 250,000 274,893 879 214,000 227,346 411 131,000 149,956
2006 2,724 262,000 297,599 868 220,000 230,788 502 145,000 160,722
2007 3,244 289,950 333,360 1,165 235,000 251,278 374 194,500 203,966
2008 2,352 311,000 355,426 897 250,000 266,462 294 187,250 204,723
2009 2,756 330,000 363,212 1,138 265,000 270,664 796 181,000 192,845
2010 2,515 375,000 411,732 967 300,000 318,098 624 215,000 223,829
2011 2,128 376,250 414,883 747 310,000 321,977 299 230,000 250,781
2012 2,030 368,000 397,178 779 299,500 312,863 239 231,500 234,220
2013 2,193 376,000 415,792 912 305,000 320,106 184 232,000 241,615
2014 321 380,000 416,514 119 317,000 326,916 11 255,000 242,182

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 131

 Frankston City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 5375000 5375000 12384.79 434.00 ND ND 434.00 12384.79
Crematorium/Funeral 1 4000000 4000000 1450.33 2758.00 ND ND 2758.00 1450.33
Dev Site 4 912461 916173 177.79 4387.00 129.22< 145.08< 3691.25 247.20
Fuel Outlet/Garage 2 955000 955000 416.74 2639.00 ND 27.44< 2639.00 361.88
Medical/Surgery 1 720000 720000 1469.39 490.00 97.96< 55.94< 490.00 1469.39
Mixed Use Unsp 5 825000 470000 875.80 628.00 50.54< 156.67< 634.00 1713.99
Multi-level Office 3 988833 1280000 121.44 10540.00 ND ND 8834.00 111.93
Office Prem Unsp 5 332587 280000 264.00 2159.00 ND 63.65< 2159.00 264.00
Pub/Tavern/Club Unsp 5 989744 298965 176.28 21670.00 ND 47.91< 21670.00 176.28
Restaurant 2 909000 909000 426.09 1150.00 158.78< ND 1150.00 426.09
Retail Mult Occ Unsp 3 3666666 3200000 NA NA ND 123.08< NA NA
Retail Sgle Occ Unsp 4 912461 916173 177.79 4387.00 129.22< 145.08< 3691.25 247.20
Retail Store/Showrm 1 668250 668250 NA NA 102.81< 63.64< NA NA
Shop 7 1667428 1660000 2805.68 229.00 488.24< 344.04< 1338.40 1204.72
Shopping Centre Unsp 2 55177198 55177198 524.81 177500.00 ND 5832.68< 177500.00 524.81
Strata/Subdiv Office 3 142987 158308 NA NA 37.69< 27.53< NA NA
Vehicle Sales Centre 4 1268125 737500 398.80 1003.00 ND ND 1672.00 961.92
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 26 548189 484000 536.26 1081.00 136.34< 114.29< 2531.87 266.05
Factory Unit 1 166000 166000 89.68 1851.00 ND 68.45< 1851.00 89.68
Factory Unsp 43 545267 352000 230.95 1215.00 99.15< 102.03< 2549.74 190.34
Ind Dev Site 9 2113551 946000 192.50 4154.50 348.43< 149.45< 16968.75 138.23
Warehouse 4 578250 362500 187.94 2155.00 46.48< 33.74< 2254.00 294.74
Warehouse Unspec 3 894668 975000 515.93 1708.50 ND 278.57< 1708.50 500.15
Warehouse/Showroom 2 543125 543125 686.75 921.00 27.16< 80.76< 921.00 686.75
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 500 500 NA NA 11.63< 8.33< NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 1 600000 600000 1.48 405400.00 ND ND 405400.00 1.48
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 9000000 9000000 877.19 10260.00 ND 225.00< 10260.00 877.19
Cojoin Strata Unsp 22 385500 317500 1003.35 309.00 99.96< 99.42< 328.00 1097.18
Detached Home (new) 17 419020 450000 936.84 511.00 133.03< 111.26< 496.50 811.44
Detached Home Unsp 1139 425045 380000 841.05 648.00 115.15< 101.33< 738.08 574.57
Detached Home(exist) 1035 405655 370000 320.81 639.00 112.12< 98.67< 727.46 558.82
Half Pair or Duplex 1 380000 380000 1225.81 310.00 131.96< 88.09< 310.00 1225.81
Res Investment Flat 21 429406 345000 439.36 392.50 39.09< 113.30< 392.50 499.86
Res Land ($0) 2 464166 464166 221.86 2083.00 ND 105.49< 2083.00 222.84
Res/Rural Lstyle 55 867500 760000 70.03 10010.00 116.48< 94.41< 12576.02 69.96
ResLandWithImprovemt 4 409093 400000 588.82 679.00 2857.14< 46.11< 691.50 591.60
Retire Village Unit 10 249400 236000 NA NA 139.81< 74.45< NA NA
Single Strata Unit 1 435000 435000 NA NA 143.62< 141.01< NA NA
Single Strata Unsp 320 300250 290000 NA NA 103.59< 96.67< NA NA
Strata Unit/Flat Uns 357 328502 312500 NA NA 121.84< 100.81< NA NA
Terrace House 1 350000 350000 475.54 736.00 116.67< 116.67< 736.00 475.54
Townhouse 181 321295 305000 NA NA 110.91< 97.76< NA NA
Vac Res A 180 237282 230000 494.07 506.00 127.07< 100.00< 533.54 448.07
Vac Res B 4 436625 438250 177.11 2560.50 195.65< 79.68< 2530.75 172.53
Vac Res in globo Oth 1 847000 847000 41.87 20230.00 ND 28.23< 20230.00 41.87
Vac Res/Rural Lstyle 5 1189000 880000 47.48 11900.00 285.71< 248.59< 14404.20 82.55

Municipality totals
Commercial Total 53 Commercial Total Prices $174,021,962
Industrial Total 88 Industrial Total Prices $62,970,648
Primary Production Total 1 Primary Production Total Prices $600,000
Residential Total 3,357 Residential Total Prices $1,314,296,771
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $500
All Sales Total 3,500 All Sales Total $1,551,889,881

A Guide to Property Values 2013 Page 132

 French Island
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 0 0* 0* 0 0* 0* 2 40,000 ^ 40,000 ^

1986 0 0* 0* 0 0* 0* 1 5,000 ^ 5,000 ^
1987 0 0* 0* 0 0* 0* 0 5,000 * 5,000 *
1988 0 0* 0* 0 0* 0* 0 5,000 * 5,000 *
1989 0 0* 0* 0 0* 0* 0 5,000 * 5,000 *
1990 0 0* 0* 0 0* 0* 0 5,000 * 5,000 *
1991 0 0* 0* 0 0* 0* 0 5,000 * 5,000 *
1992 0 0* 0* 0 0* 0* 21 55,000 68,259
1993 0 0* 0* 0 0* 0* 1 91,000 ^ 91,000 ^
1994 0 0* 0* 0 0* 0* 0 91,000 * 91,000 *
1995 1 23,000 ^ 23,000 ^ 0 0* 0* 1 50,500 ^ 50,500 ^
1996 2 63,845 ^ 63,845 ^ 0 0* 0* 2 60,500 ^ 60,500 ^
1997 0 63,845 * 63,845 * 0 0* 0* 0 60,500 * 60,500 *
1998 0 63,845 * 63,845 * 0 0* 0* 2 40,000 ^ 40,000 ^
1999 3 75,000 ^ 113,000 ^ 0 0* 0* 2 31,500 ^ 31,500 ^
2000 3 58,000 ^ 71,766 ^ 0 0* 0* 4 29,500 ^ 28,375 ^
2001 1 150,000 ^ 150,000 ^ 0 0* 0* 2 40,250 ^ 40,250 ^
2002 3 128,500 ^ 130,333 ^ 0 0* 0* 0 40,250 * 40,250 *
2003 5 109,000 ^ 155,600 ^ 0 0* 0* 1 228,000 ^ 228,000 ^
2004 0 109,000 * 155,600 * 0 0* 0* 1 247,500 ^ 247,500 ^
2005 1 270,000 ^ 270,000 ^ 0 0* 0* 1 5,000 ^ 5,000 ^
2006 1 350,000 ^ 350,000 ^ 0 0* 0* 0 5,000 * 5,000 *
2007 0 350,000 * 350,000 * 0 0* 0* 0 5,000 * 5,000 *
2008 0 350,000 * 350,000 * 0 0* 0* 0 5,000 * 5,000 *
2009 1 411,000 ^ 411,000 ^ 0 0* 0* 0 5,000 * 5,000 *
2010 1 125,000 ^ 125,000 ^ 0 0* 0* 2 1,550 ^ 1,550 ^
2011 0 125,000 * 125,000 * 0 0* 0* 0 1,550 * 1,550 *
2012 0 125,000 * 125,000 * 1 280,000^ 280,000^ 1 600 ^ 600 ^
2013 0 125,000 * 125,000 * 0 280,000* 280,000* 0 600 * 600 *
2014 0 125,000 * 125,000 * 0 280,000* 280,000* 0 600 * 600 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 133

 French Island
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 1 630000 630000 1.56 403547.00 175.00< 135.48< 403547.00 1.56

Municipality totals
Primary Production Total 1 Primary Production Total Prices $630,000
All Sales Total 1 All Sales Total $630,000

A Guide to Property Values 2013 Page 134

 Gannawarra Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 140 40,000 45,059 15 50,000 50,400 37 11,000 11,383

1986 122 42,050 46,324 7 52,000^ 43,885^ 55 13,000 16,197
1987 133 50,000 51,781 10 59,000 52,850 60 12,000 16,501
1988 134 49,500 53,123 10 65,650 67,440 58 13,600 17,015
1989 134 62,750 69,188 11 73,000 73,381 72 18,000 22,875
1990 139 65,750 74,335 5 76,500^ 71,800^ 69 18,500 18,874
1991 97 62,000 69,674 3 88,000^ 72,000^ 47 21,000 20,976
1992 127 70,000 77,716 8 90,000^ 88,625^ 55 20,000 22,645
1993 132 69,000 76,678 8 101,928^ 90,401^ 43 18,500 21,555
1994 134 70,000 79,919 18 51,000 56,972 47 20,000 32,182
1995 109 72,000 85,830 6 35,900^ 47,468^ 29 25,000 46,115
1996 94 70,500 80,640 5 45,333^ 49,266^ 48 25,000 38,026
1997 142 66,500 93,864 1 120,000^ 120,000^ 39 24,000 42,591
1998 147 75,000 88,690 6 83,500^ 77,416^ 35 20,000 40,770
1999 139 75,000 87,875 0 83,500* 77,416* 29 25,000 25,953
2000 151 74,000 86,104 5 75,000^ 67,700^ 31 24,960 33,254
2001 204 80,125 96,397 12 100,000 103,083 68 30,000 33,223
2002 207 80,000 105,494 8 85,500^ 80,875^ 88 23,750 30,867
2003 210 95,000 107,800 10 122,500 125,000 70 24,000 33,453
2004 219 112,500 124,021 13 125,000 143,269 76 28,000 29,421
2005 204 119,000 128,341 10 113,500 116,150 61 40,000 44,714
2006 158 150,500 165,117 14 191,500 159,357 45 50,000 52,277
2007 178 140,000 155,489 12 167,500 151,958 51 60,000 74,845
2008 106 144,500 161,693 9 168,000^ 143,333^ 37 52,000 66,453
2009 124 140,000 150,090 11 165,000 150,772 28 52,000 60,198
2010 110 147,501 166,627 8 170,500^ 169,687^ 53 52,000 49,980
2011 92 149,000 156,018 7 153,500^ 134,928^ 27 50,000 60,059
2012 128 149,000 157,812 8 169,000^ 152,750^ 25 51,000 66,296
2013 130 141,250 159,011 9 187,500^ 187,333^ 28 56,000 67,648
2014 17 140,000 162,264 3 205,000^ 213,333^ 5 42,000 ^ 50,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 135

 Gannawarra Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Fuel Outlet/Garage 1 45000 45000 28.13 1600.00 ND ND 1600.00 28.13
Shop 2 80000 80000 704.76 132.00 320.00< 43.24< 132.00 606.06
Tourist Park/Caravan 1 490000 490000 6.46 75900.00 ND ND 75900.00 6.46
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 250000 250000 166.89 1498.00 307.61< 17.48< 1498.00 166.89
Factory Unsp 2 236500 236500 32.63 26310.00 ND 152.58< 26310.00 8.99
Warehouse Unspec 1 157000 157000 150.53 1043.00 ND 247.24< 1043.00 150.53
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Post Offices 1 110000 110000 191.97 573.00 ND ND 573.00 191.97
National Parks, etc ($/SM) (SM) (SM) ($/SM)
Nature Reserve 1 5212 5212 2.48 2105.00 ND ND 2105.00 2.48
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 10 176766 120000 0.19 572618.00 ND 81.93< 963493.60 0.18
GenCrop >20ha Unsp 5 513800 572000 0.12 2867202.00 210.29< 195.96< 2421540.40 0.21
Livestock – Beef 13 248168 238000 0.26 1015000.00 148.75< 82.07< 1003853.85 0.25
Livestock – Dairy 8 357963 275050 0.26 721900.00 183.37< 122.66< 904568.63 0.40
MixedFarm no impr 3 245000 300000 0.15 742200.00 150.00< 283.29< 1291669.67 0.19
MixedFarm&GrazUnsp 31 255881 225000 0.17 1320400.00 100.90< 104.65< 1435723.65 0.18
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 66 160922 148500 165.61 948.50 61.88< 114.23< 989.39 159.97
Detached Home(exist) 63 156885 134000 129.94 1012.00 96.06< 85.08< 1092.81 143.56
MisImpRuralLand Unsp 1 40000 40000 7.36 5433.00 ND ND 5433.00 7.36
Res/Rural Lstyle 23 262020 245000 17.59 23428.00 108.89< 90.74< 65358.87 4.01
ResLandWithImprovemt 2 159000 159000 161.47 949.50 265.00< ND 949.50 167.46
Retire Village Unit 1 165000 165000 NA NA ND ND NA NA
Single Strata Unsp 4 217500 200000 NA NA 84.57< 121.21< NA NA
Strata Unit/Flat Uns 1 126000 126000 NA NA 89.36< 78.87< NA NA
Terrace House 1 166765 166765 138.97 1200.00 208.46< 145.01< 1200.00 138.97
Townhouse 3 175000 170000 NA NA 79.07< ND NA NA
Vac Res A 23 60680 54000 37.81 1058.00 103.85< 109.49< 1167.89 51.13
Vac Res B 5 99700 122500 83.99 2024.00 128.95< 105.60< 2223.20 44.85
Vac Res in globo Oth 1 61000 61000 0.65 94008.00 ND ND 94008.00 0.65
Vac Res/Rural Lstyle 16 70312 65000 4.46 12240.50 86.67< 88.44< 21310.06 3.30

Municipality totals
Commercial Total 4 Commercial Total Prices $695,000
Industrial Total 4 Industrial Total Prices $880,000
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $110,000
National Parks, etc Total 1 National Parks, etc Total Prices $5,212
Primary Production Total 70 Primary Production Total Prices $19,093,868
Residential Total 210 Residential Total Prices $31,822,109
All Sales Total 290 All Sales Total $52,606,189

A Guide to Property Values 2013 Page 136

 Greater Geelong City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 3,128 55,000 61,307 335 54,500 62,501 2,158 12,700 16,325
1986 2,822 61,000 69,102 333 61,000 73,789 1,785 16,500 21,259
1987 3,038 65,000 73,939 419 64,000 81,879 1,403 22,000 27,852
1988 3,816 75,000 87,165 597 69,500 92,159 1,854 25,000 31,062
1989 3,052 88,000 102,197 535 78,500 93,458 1,994 31,000 37,146
1990 2,284 95,000 108,902 433 87,000 96,416 1,116 37,000 42,357
1991 2,256 93,000 105,448 433 85,500 99,288 978 37,500 42,405
1992 2,483 93,000 105,051 465 86,000 100,816 1,055 36,000 41,732
1993 2,622 94,000 105,965 461 87,000 103,202 1,210 36,500 42,332
1994 2,705 94,500 107,768 532 87,000 102,500 1,270 36,475 45,192
1995 2,592 93,000 108,586 414 87,750 95,919 948 37,500 47,792
1996 2,773 92,500 107,101 493 84,000 94,491 891 38,000 43,989
1997 3,298 95,000 111,845 555 86,000 98,595 1,129 39,500 47,385
1998 3,413 102,000 116,620 579 87,000 103,854 1,522 39,000 46,540
1999 3,979 113,000 129,748 749 94,000 111,732 1,575 42,000 51,443
2000 4,417 126,000 142,863 744 114,000 131,187 1,425 44,000 50,917
2001 5,270 149,000 166,162 951 129,000 146,989 2,334 52,000 59,460
2002 4,983 185,000 207,463 780 152,750 181,344 1,893 78,400 84,901
2003 4,923 220,000 242,857 766 190,000 215,047 1,638 103,000 110,869
2004 4,278 245,000 268,413 924 203,000 233,392 1,047 125,000 129,534
2005 4,123 252,000 282,125 887 215,000 240,241 979 132,000 140,131
2006 4,157 265,000 301,171 878 225,000 281,202 1,006 134,750 147,746
2007 4,922 277,000 319,529 1,130 230,000 275,445 1,062 142,000 152,774
2008 4,022 287,500 323,317 959 240,000 277,434 909 149,000 157,149
2009 4,434 305,000 338,462 1,328 250,500 276,187 1,448 156,000 165,502
2010 4,107 345,000 387,725 1,204 277,250 325,750 1,649 174,000 188,748
2011 3,772 360,000 404,941 1,040 300,000 361,365 1,665 182,000 197,689
2012 3,560 360,000 402,663 1,070 285,000 326,202 1,376 180,000 195,793
2013 3,753 375,000 413,449 1,030 299,250 338,434 1,191 182,000 199,996
2014 590 380,000 425,807 140 287,500 316,109 149 179,000 196,878

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 137

 Greater Geelong City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bottle Shop/Licensed 1 900000 900000 1075.27 837.00 ND ND 837.00 1075.27
Dev Site 16 675213 465000 1026.30 1461.00 196.62< 100.65< 3728.00 196.10
Guest/BackPack Unsp 1 735000 735000 1307.83 562.00 ND ND 562.00 1307.83
Hotel/Motel Unsp 1 850000 850000 416.67 2040.00 ND 54.84< 2040.00 416.67
Medical/Surgery 3 507500 490000 1474.58 590.00 122.12< 103.16< 722.67 702.26
Member Club Facility 1 325000 325000 349.09 931.00 ND 16.90< 931.00 349.09
Mixed Use Unsp 21 510785 350000 634.82 820.00 38.51< 80.55< 1020.21 597.39
Motel 1 2450000 2450000 969.53 2527.00 206.32< 106.29< 2527.00 969.53
Multi-level Office 1 22499999 22499999 NA NA 2694.61< 3474.90< NA NA
National Co Rest 1 1595000 1595000 803.53 1985.00 ND ND 1985.00 803.53
National Co Unsp 2 17650000 17650000 931.25 20776.00 ND ND 20776.00 849.54
Office Prem Unsp 11 803397 618750 690.58 446.00 ND 327.38< 519.40 1003.51
Pub/Tavern/Club Unsp 3 1865000 1680000 1661.72 1011.00 ND 92.05< 150434.00 12.40
Restaurant 1 440000 440000 4190.48 105.00 36.73< 142.86< 105.00 4190.48
Retail Mult Occ Unsp 3 1685000 1225000 6433.49 436.00 ND 100.41< 436.00 6433.49
Retail Sgle Occ Unsp 16 675213 465000 1026.30 1461.00 196.62< 100.65< 3728.00 196.10
Retail Store/Showrm 5 386400 417000 796.85 571.00 2.38< 62.24< 656.80 588.31
Shop 11 578909 320000 1268.29 205.00 85.33< 71.11< 484.67 1328.52
Shop & Dwelling 2 535000 535000 1068.74 618.00 152.86< ND 618.00 865.70
Shopping Centre Unsp 6 5415833 581000 1320.00 750.00 0.78< 2.23< 624.67 872.47
Strata/Subdiv Office 4 409000 418000 956.38 596.00 122.94< 66.72< 596.00 956.38
Supermarket 1 1155000 1155000 304.27 3796.00 ND 14.62< 3796.00 304.27
Vehicle Sales Centre 1 1254000 1254000 612.01 2049.00 ND ND 2049.00 612.01
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 4500000 4500000 NA NA 1304.35< 900.00< NA NA
Community Health Cen 1 1575000 1575000 NA NA ND ND NA NA
Early Childhood Cent 1 1650000 1650000 454.55 3630.00 ND ND 3630.00 454.55
Private Edu Centre 1 7300000 7300000 NA NA ND ND NA NA
Vac Health Ser Site 1 5225000 5225000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Concrete Batch Plant 1 1980000 1980000 NA NA ND ND NA NA
Factory 17 486398 357500 157.08 917.50 130.59< 110.85< 3229.83 155.33
Factory Unsp 20 726595 331750 327.03 1128.00 46.96< 85.06< 7421.25 113.13
Ind Dev Site 27 834715 374000 196.45 1265.50 149.45< 131.23< 3864.27 249.55
Warehouse 14 695914 401250 460.74 1038.50 103.55< 129.44< 1305.00 406.03
Warehouse Unspec 9 812141 345000 443.12 2700.50 ND 77.25< 3466.75 327.11
Warehouse/Showroom 1 500000 500000 920.81 543.00 84.47< 32.26< 543.00 920.81
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 22502 22502 136.38 165.00 803.64< 335.85< 165.00 136.38
Primary Production ($/SM) (SM) (SM) ($/SM)
Horse Unspecified 1 700800 700800 1.21 578100.00 ND ND 578100.00 1.21
MixedFarm&GrazUnsp 23 1396652 750000 1.43 349200.00 217.39< 89.29< 474503.35 2.94
Native Hardwood 1 218000 218000 0.88 247955.00 ND ND 247955.00 0.88
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 63 423428 402000 766.06 582.00 127.62< 104.12< 526.07 832.76
Detached Home Unsp 828 420748 380000 772.80 647.00 113.10< 108.57< 723.71 584.40
Detached Home(exist) 2855 411153 373500 472.14 646.00 123.27< 102.89< 682.36 602.88
Half Pair or Duplex 1 510000 510000 NA NA 165.58< 174.36< NA NA
House & Flat/Studio 3 329000 270000 241.23 456.00 ND ND 427.67 769.29
Individual Car Park 1 7260 7260 8.95 811.00 ND 90.75< 811.00 8.95
Res Dev Site 1 4169280 4169280 326.62 12765.00 120.34< 238.24< 12765.00 326.62
Res Investment Flat 26 414045 308500 669.15 1675.00 31.08< 88.14< 1675.00 498.51
Res/Rural Lstyle 143 653327 630000 30.28 17733.00 117.07< 98.82< 24985.71 26.15
ResLandWithImprovemt 6 631500 455750 713.16 2096.50 204.83< 95.35< 6315.00 115.95
Retire Village Unit 9 190678 190000 NA NA 79.17< 94.53< NA NA
Single Strata Unit 2 228250 228250 NA NA 84.54< 89.16< NA NA
Single Strata Unsp 201 330007 298000 859.61 406.00 135.45< 103.83< 406.00 859.61
Strata Unit/Flat Uns 449 341648 295000 NA NA 118.00< 93.06< NA NA
Terrace House 3 426666 426000 1766.82 223.00 82.72< 93.63< 289.33 1474.65
Townhouse 342 338417 301750 NA NA 118.33< 98.93< NA NA
Vac Res A 1180 197985 182000 260.40 553.00 116.67< 100.00< 592.46 350.22
Vac Res B 11 415681 421000 183.67 2450.00 280.67< 83.45< 2550.64 162.97
Vac Res in globo Oth 6 5783723 7000000 127.45 66298.50 268.76< 280.00< 166313.00 34.78
Vac Res/Rural Lstyle 35 576171 515000 25.94 20236.00 153.73< 179.13< 35732.54 16.12
Villa Unit 1 180000 180000 NA NA ND 22.78< NA NA

Municipality totals
Residential Total 6,166 Residential Total Prices $2,294,719,312
Commercial Total 113 Commercial Total Prices $164,348,214
Community Services Total 5 Community Services Total Prices $20,250,000
Industrial Total 89 Industrial Total Prices $64,870,056
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $22,502
Primary Production Total 25 Primary Production Total Prices $33,041,799
All Sales Total 6,399 All Sales Total $2,577,251,883

A Guide to Property Values 2013 Page 138

 Glen Eira City
Residential price statistics 1985 to 2014

1,800,000

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,738 88,000 106,111 1,170 65,000 80,215 23 70,000 86,356

1986 1,484 100,000 120,892 950 70,500 81,841 13 120,500 118,538
1987 1,609 118,500 146,039 1,202 77,000 97,258 21 135,000 170,128
1988 1,733 160,000 192,194 1,392 95,000 122,664 18 140,250 266,833
1989 1,217 180,000 219,937 947 115,000 144,095 8 110,000 ^ 93,437 ^
1990 1,208 165,000 198,524 1,002 124,000 141,934 18 120,000 125,916
1991 1,303 160,000 190,274 848 117,725 124,191 31 122,500 105,312
1992 1,318 160,000 188,535 955 119,000 139,891 18 45,000 68,966
1993 1,498 165,000 193,674 1,101 118,000 129,940 21 100,000 158,509
1994 1,576 178,000 205,418 1,279 124,500 139,649 31 105,000 137,253
1995 1,540 172,175 197,651 1,079 122,500 139,321 44 90,696 123,027
1996 1,624 177,375 205,101 1,354 123,500 134,741 77 115,000 128,470
1997 1,849 216,375 245,519 1,825 137,000 154,755 78 132,500 137,146
1998 1,606 247,750 277,923 1,466 153,350 171,045 46 142,500 174,707
1999 1,577 281,150 322,060 1,617 173,000 192,128 68 159,000 168,365
2000 1,606 318,000 350,716 1,592 193,000 216,305 24 132,500 149,458
2001 1,677 372,000 427,682 1,759 246,000 263,358 35 150,000 180,857
2002 1,597 430,000 477,405 1,488 279,250 306,339 31 174,000 173,156
2003 1,581 466,000 532,004 1,443 311,750 343,128 30 167,750 193,843
2004 1,343 487,000 542,574 1,231 310,000 336,078 9 205,000 ^ 186,111 ^
2005 1,507 510,000 581,060 1,510 315,000 342,544 2 135,250 ^ 135,250 ^
2006 1,585 575,000 648,811 1,499 350,100 370,332 2 349,260 ^ 349,260 ^
2007 1,648 746,250 841,753 1,874 381,000 426,105 8 232,500 ^ 322,500 ^
2008 1,221 742,000 834,441 1,367 420,000 440,499 3 200,000 ^ 226,666 ^
2009 1,420 776,000 857,598 1,612 459,750 488,721 12 270,000 256,916
2010 1,390 905,000 1,002,847 1,494 532,750 563,523 3 270,000 ^ 233,333 ^
2011 1,207 852,500 962,427 1,392 525,000 554,483 5 300,000 ^ 306,000 ^
2012 1,139 830,000 939,968 1,321 495,000 530,113 5 350,000 ^ 460,000 ^
2013 1,341 915,500 1,043,508 1,380 538,250 570,946 5 370,000 ^ 382,000 ^
2014 90 902,500 955,666 134 535,500 545,859 0 370,000 * 382,000 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 139

 Glen Eira City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 3 7318557 851000 2686.43 3617.00 79.93< 43.46< 3617.00 2947.29
Health Clinic Unsp 1 600000 600000 NA NA ND 59.19< NA NA
Indiv Car Park Unsp 1 40000 40000 NA NA ND ND NA NA
Live Ent/Major Multi 1 6160000 6160000 3327.93 1851.00 ND ND 1851.00 3327.93
LowRise Office Build 3 1491333 781000 5506.70 405.50 ND 31.24< 405.50 4801.48
Medical/Surgery 2 642751 642751 1124.60 579.00 116.86< ND 579.00 1110.11
Mixed Use Unsp 4 1563837 1048175 1698.30 675.00 53.53< 113.19< 1380.00 1424.24
Multi-level Office 1 1100000 1100000 3293.41 334.00 27.21< ND 334.00 3293.41
Office Prem Unsp 10 3370700 868000 5659.28 200.50 ND 35.56< 332.75 4918.11
Restaurant 2 832500 832500 3243.65 255.00 169.90< 121.53< 255.00 3264.71
Retail Mult Occ Unsp 7 1483364 1000000 10638.94 240.50 ND 143.16< 435.67 3685.37
Retail Sgle Occ Unsp 3 7318557 851000 2686.43 3617.00 79.93< 43.46< 3617.00 2947.29
Retail Store/Showrm 3 1077666 1115000 1914.59 1001.00 32.67< 359.68< 1001.00 825.67
Shop 7 1151571 1045000 2690.22 184.00 180.02< 181.82< 326.00 3532.43
Shop & Dwelling 3 768333 770000 3104.84 248.00 126.23< 117.24< 245.33 3131.79
Strata/Subdiv Office 1 122800 122800 NA NA 12.93< 16.48< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 1330000 1330000 1826.92 728.00 ND ND 728.00 1826.92
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 370000 370000 NA NA 16.11< 43.02< NA NA
Factory Unsp 2 1719600 1719600 953.20 1064.00 ND 176.14< 1064.00 953.20
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 10 23256 6614 357.50 56.00 63.29< 96.81< 144.67 61.60
ReservedRoads/Unused 1 2860 2860 357.50 8.00 ND ND 8.00 357.50
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 65 875330 851000 2054.27 348.50 142.07< 122.89< 362.24 2434.85
Detached Home (new) 22 1210318 961500 3365.38 416.00 128.37< 108.64< 509.00 2584.15
Detached Home Unsp 732 1019272 906501 1456.95 604.00 223.00< 106.02< 616.59 1681.41
Detached Home(exist) 571 1073632 931000 1957.30 599.50 118.60< 110.57< 604.83 1801.16
Half Pair or Duplex 8 864125 917500 2899.53 337.50 156.17< 104.26< 337.50 2881.48
OYO Stratum Flat 1 250000 250000 NA NA ND 43.94< NA NA
OYO Sub Dwelling 1 400000 400000 NA NA ND ND NA NA
Res Dev Site 1 895000 895000 3278.39 273.00 ND 53.16< 273.00 3278.39
Res Investment Flat 21 794088 687000 2197.37 724.00 156.14< 121.38< 1161.00 999.14
ResLandWithImprovemt 6 666167 705000 95.60 2615.00 220.31< 24.21< 4065.67 176.68
Retire Village Unit 13 386225 375000 NA NA 84.27< 82.87< NA NA
Semi-detached 1 1166000 1166000 2399.18 486.00 ND ND 486.00 2399.18
Single Strata Unit 1 250002 250002 NA NA ND 43.22< NA NA
Single Strata Unsp 350 635579 610000 NA NA 138.79< 100.00< NA NA
Strata Unit/Flat Uns 743 493738 461000 NA NA 103.50< 101.88< NA NA
Terrace House 8 805625 677500 1844.66 309.00 85.22< 67.75< 417.86 1986.32
Townhouse 184 642144 605250 NA NA 116.17< 109.30< NA NA
Vac Res A 5 382000 370000 NA NA 137.04< 123.33< NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
Tennis Club 1 7610000 7610000 1058.12 7192.00 ND ND 7192.00 1058.12

Municipality totals
Commercial Total 52 Commercial Total Prices $123,303,549
Infrastruc&Utilities Total 11 Infrastruc&Utilities Total Prices $235,426
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $7,610,000
Community Services Total 1 Community Services Total Prices $1,330,000
Industrial Total 3 Industrial Total Prices $3,809,200
Residential Total 2,733 Residential Total Prices $2,194,052,957
All Sales Total 2,801 All Sales Total $2,330,341,132

A Guide to Property Values 2013 Page 140

 Glenelg Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 322 45,000 48,391 28 49,500 56,628 125 12,500 13,729

1986 275 58,000 57,659 11 47,000 60,954 128 12,150 14,820
1987 348 55,000 57,749 12 57,650 59,375 119 13,000 16,817
1988 432 63,000 65,864 35 76,500 91,682 154 13,400 17,379
1989 313 65,700 68,234 21 63,500 81,529 124 14,000 20,357
1990 275 67,000 68,658 17 59,085 97,827 113 13,500 17,081
1991 271 67,000 68,981 16 71,950 73,413 52 16,000 20,784
1992 276 65,000 70,467 24 61,500 60,298 87 17,000 25,679
1993 323 70,000 76,485 28 66,250 73,392 88 17,000 23,243
1994 314 73,000 80,202 21 75,000 108,723 108 15,000 23,280
1995 314 68,000 80,989 18 58,500 98,316 105 23,000 30,027
1996 239 73,000 85,072 18 58,000 62,972 82 20,500 38,565
1997 290 71,750 82,955 13 72,000 65,726 79 20,000 44,762
1998 319 74,000 89,445 15 65,000 80,233 71 20,000 54,494
1999 326 77,400 95,530 20 84,500 155,650 72 25,675 36,918
2000 372 75,750 92,709 13 77,000 90,884 108 22,750 27,807
2001 451 85,000 101,431 28 76,500 92,303 199 23,000 37,355
2002 498 101,000 115,881 33 95,000 118,818 259 26,000 34,841
2003 431 132,000 144,523 31 120,000 112,919 206 30,000 39,230
2004 377 160,000 174,433 33 124,000 181,318 159 45,000 47,793
2005 393 165,000 178,206 31 170,000 205,178 155 51,500 56,491
2006 427 185,000 199,853 33 163,000 205,787 123 56,500 64,208
2007 398 200,000 214,432 43 150,000 172,643 113 63,000 71,508
2008 352 190,000 206,765 28 160,000 161,069 65 76,000 77,392
2009 313 186,000 202,745 22 172,500 163,352 65 75,000 78,015
2010 268 203,500 226,131 30 189,250 208,358 61 78,000 85,320
2011 242 215,000 227,372 16 179,500 174,375 37 79,000 101,703
2012 212 205,000 216,238 27 210,500 212,266 42 79,000 72,545
2013 223 209,000 208,461 14 152,500 166,392 50 85,000 89,850
2014 45 155,000 162,596 4 182,500^ 175,000^ 8 82,500 ^ 82,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 141

 Glenelg Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Crematorium/Funeral 1 325000 325000 220.79 1472.00 ND ND 1472.00 220.79
Office Prem Unsp 1 93500 93500 59.21 1579.00 ND ND 1579.00 59.21
Retail Store/Showrm 2 100000 100000 23.64 4231.00 ND 500.00< 4231.00 23.64
Extractive Industry ($/SM) (SM) (SM) ($/SM)
MineOpen Coal 1 220000 220000 5.31 41419.00 ND ND 41419.00 5.31
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 4 525342 419560 34.63 22284.50 198.14< 148.12< 21171.00 24.81
Warehouse Unspec 1 1695000 1695000 11.04 153494.00 ND 308.18< 153494.00 11.04
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Post Boxes 1 105000 105000 0.46 230000.00 ND 76.48< 230000.00 0.46
RailwayPassengerTerm 1 200000 200000 0.44 450000.00 ND 22.22< 450000.00 0.44
WaterStorageDamRes 2 268150 268150 0.69 385000.00 ND 134.16< 385000.00 0.70
Primary Production ($/SM) (SM) (SM) ($/SM)
Com Flower&Plant 1 320000 320000 7.90 40500.00 ND ND 40500.00 7.90
Livestock – Beef 4 471340 338024 0.43 1247800.00 107.31< 122.55< 2049575.00 0.23
Livestock – Sheep 3 353137 156911 0.24 652406.00 54.52< 76.54< 764135.33 0.46
MixedFarm no impr 8 226000 169000 0.51 438550.00 53.24< 37.04< 503121.00 0.45
MixedFarm&GrazUnsp 41 737232 317000 0.45 695000.00 76.78< 103.09< 1982326.78 0.38
Softwood Plantation 2 2040169 2040169 0.48 4779825.00 ND 56.67< 4779825.00 0.43
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 12933428 12933428 736.44 17562.00 ND ND 17562.00 736.44
Detached Home (new) 2 292000 292000 414.49 703.50 98.98< 96.13< 703.50 415.07
Detached Home Unsp 43 198955 195000 236.68 815.50 ND 103.45< 1169.71 169.36
Detached Home(exist) 178 209818 211000 330.36 840.00 114.05< 98.14< 2035.81 102.88
MisImpRuralLand Unsp 1 32000 32000 0.32 99700.00 ND 21.33< 99700.00 0.32
Res/Rural Lstyle 70 303485 301250 8.29 32650.00 112.11< 122.96< 40382.29 7.52
ResLandWithImprovemt 1 25000 25000 12.50 2000.00 ND 13.70< 2000.00 12.50
Single Strata Unsp 3 167833 150000 NA NA ND 112.36< NA NA
Strata Unit/Flat Uns 6 163916 152500 NA NA 82.43< 69.32< NA NA
Townhouse 5 168500 165000 NA NA 103.13< 84.62< NA NA
Vac Res A 44 84125 85000 105.20 808.00 114.86< 97.14< 877.35 96.39
Vac Res B 6 131833 137500 67.15 2323.00 144.74< 167.68< 2568.17 51.33
Vac Res/Rural Lstyle 27 108136 110000 4.14 23648.00 89.46< 100.00< 47766.48 2.26

Municipality totals
Commercial Total 4 Commercial Total Prices $618,500
Infrastruc&Utilities Total 4 Infrastruc&Utilities Total Prices $841,300
Primary Production Total 59 Primary Production Total Prices $39,379,660
Residential Total 387 Residential Total Prices $90,462,980
Extractive Industry Total 1 Extractive Industry Total Prices $220,000
Industrial Total 5 Industrial Total Prices $3,796,370
All Sales Total 460 All Sales Total $135,318,810

A Guide to Property Values 2013 Page 142

 Golden Plains Shire
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 103 46,500 54,238 0 0* 0* 139 13,500 14,687

1986 111 49,000 61,880 0 0* 0* 146 15,500 17,342
1987 136 62,000 64,014 0 0* 0* 116 18,000 22,365
1988 144 70,500 81,280 2 20,000^ 20,000^ 180 22,700 24,143
1989 144 84,500 87,391 3 55,000^ 59,333^ 172 25,000 28,137
1990 113 75,500 90,328 1 45,000^ 45,000^ 123 29,000 31,576
1991 92 91,250 95,417 2 100,750^ 100,750^ 89 32,000 30,430
1992 112 90,000 96,505 3 85,000^ 78,000^ 94 32,000 33,489
1993 146 86,750 97,175 3 54,000^ 63,666^ 103 27,000 31,438
1994 140 96,750 106,355 0 54,000* 63,666* 138 32,000 34,352
1995 167 96,500 110,218 2 100,000^ 100,000^ 87 36,750 42,179
1996 148 95,000 103,604 2 63,750^ 63,750^ 95 34,000 37,444
1997 167 105,000 111,125 3 35,000^ 48,666^ 134 36,000 47,319
1998 167 113,000 115,552 0 35,000* 48,666* 109 38,500 46,169
1999 202 105,000 112,699 5 95,000^ 89,200^ 127 35,000 38,541
2000 263 112,000 111,522 4 76,120^ 68,810^ 122 34,000 39,204
2001 263 127,500 128,991 4 129,985^ 116,492^ 188 43,500 45,586
2002 290 126,500 142,513 4 105,125^ 120,812^ 331 51,000 49,904
2003 222 170,000 179,063 7 90,000^ 164,467^ 225 37,500 52,190
2004 181 215,000 215,634 3 170,099^ 190,699^ 124 77,750 85,225
2005 178 205,500 220,495 6 187,500^ 180,500^ 99 80,000 96,393
2006 195 205,000 217,610 5 205,000^ 215,600^ 99 110,000 108,346
2007 207 235,000 235,670 13 203,000 192,384 134 114,660 104,021
2008 158 228,299 241,915 3 209,000^ 177,666^ 75 115,000 109,784
2009 130 277,000 265,550 13 196,000 189,115 147 117,500 108,109
2010 78 285,000 272,690 18 268,000 283,194 157 127,000 129,973
2011 95 294,000 296,736 10 261,000 270,860 156 140,000 146,243
2012 95 320,000 306,603 17 148,000 208,405 121 138,000 135,925
2013 98 339,010 324,620 8 265,000^ 215,700^ 85 147,500 139,395
2014 13 390,000 373,423 1 287,500^ 287,500^ 16 146,500 138,250

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 143

 Golden Plains Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Fuel Outlet/Garage 1 451000 451000 92.04 4900.00 ND ND 4900.00 92.04
Mixed Use Unsp 1 185000 185000 150.41 1230.00 30.83< ND 1230.00 150.41
Shop 3 215333 130000 194.01 2036.00 82.80< ND 2036.00 194.01
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 428000 428000 0.59 731187.00 69.72< 186.09< 731187.00 0.59
Livestock – Sheep 1 717000 717000 1.38 518983.00 98.22< 113.81< 518983.00 1.38
MixedFarm no impr 8 196125 165000 0.30 409200.00 59.78< 67.01< 1101561.13 0.18
MixedFarm&GrazUnsp 33 876899 579637 0.28 886134.00 322.02< 158.15< 1372411.21 0.64
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 25 277750 280000 133.24 1700.00 ND 91.43< 14290.29 19.51
Detached Home(exist) 73 340671 346000 404.49 1008.00 125.82< 119.31< 1391.99 240.06
MisImpRuralLand Unsp 1 75000 75000 1.85 40500.00 ND ND 40500.00 1.85
Res Land ($0) 1 175000 175000 43.25 4046.00 ND ND 4046.00 43.25
Res/Rural Lstyle 229 400290 395500 14.50 20000.00 138.17< 114.64< 33309.97 12.02
ResLandWithImprovemt 1 395000 395000 39.21 10074.00 272.41< ND 10074.00 39.21
Single Strata Unsp 1 275000 275000 NA NA ND 114.58< NA NA
Strata Unit/Flat Uns 6 199266 204300 NA NA 107.53< 78.58< NA NA
Townhouse 1 255000 255000 NA NA 106.81< 95.51< NA NA
Vac Res A 78 140008 147750 203.06 716.50 127.37< 105.54< 721.88 168.74
Vac Res B 7 132564 129900 12.30 2159.00 167.61< 162.38< 2278.43 58.18
Vac Res in globo Oth 1 350000 350000 0.79 442300.00 ND ND 442300.00 0.79
Vac Res/Rural Lstyle 120 185930 195000 16.04 17600.00 151.75< 113.37< 33679.43 5.52

Municipality totals
Commercial Total 5 Commercial Total Prices $1,282,000
Primary Production Total 43 Primary Production Total Prices $31,651,675
Residential Total 544 Residential Total Prices $160,360,092
All Sales Total 592 All Sales Total $193,293,767

A Guide to Property Values 2013 Page 144

 Hepburn Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 263 36,200 40,714 2 50,750^ 50,750^ 157 7,500 10,243

1986 231 44,000 47,153 3 59,000^ 61,500^ 200 10,500 16,600
1987 259 50,000 55,421 7 59,500^ 44,714^ 180 13,000 17,296
1988 320 56,000 62,980 1 63,500^ 63,500^ 205 15,000 22,100
1989 273 67,000 69,393 10 76,300 81,540 207 16,500 20,027
1990 204 72,000 78,030 4 73,500^ 75,250^ 176 19,000 21,944
1991 203 70,000 76,024 7 90,000^ 92,285^ 113 19,000 23,659
1992 225 75,000 79,149 8 76,250^ 74,125^ 108 23,000 30,294
1993 210 78,500 86,482 6 85,750^ 94,250^ 107 22,000 28,280
1994 248 82,750 99,394 9 95,000^ 75,444^ 139 21,500 30,254
1995 208 80,000 100,885 11 90,000 93,954 129 25,000 41,237
1996 229 82,000 94,278 5 80,000^ 74,500^ 106 27,000 36,469
1997 269 80,000 89,490 10 94,175 95,735 124 23,750 33,635
1998 322 90,000 107,972 9 81,000^ 79,544^ 113 20,000 34,129
1999 312 92,500 106,368 6 83,000^ 97,333^ 112 29,000 39,590
2000 355 105,000 116,494 18 75,000 177,061 140 29,475 35,574
2001 391 125,000 136,922 16 135,000 143,937 161 35,500 45,419
2002 368 156,250 172,481 21 175,000 205,116 160 35,000 44,068
2003 361 165,000 179,228 20 206,000 267,920 115 40,000 48,861
2004 310 185,000 213,267 11 157,000 180,818 98 64,000 68,325
2005 285 200,000 231,126 18 346,500 334,375 76 75,000 79,875
2006 291 220,000 240,992 20 247,345 292,010 69 80,000 106,512
2007 364 215,000 247,007 42 230,000 256,363 87 85,000 87,345
2008 324 240,000 256,170 20 286,832 270,656 46 80,000 78,813
2009 320 245,000 266,773 39 225,000 251,302 71 95,000 97,457
2010 253 269,000 307,461 45 238,000 277,760 86 107,500 112,459
2011 250 280,000 304,192 22 285,000 299,431 81 115,000 118,254
2012 200 300,000 323,341 24 295,000 280,702 70 125,000 123,469
2013 265 300,000 324,028 20 255,000 264,750 67 120,000 128,218
2014 41 320,000 331,353 0 255,000* 264,750* 12 118,750 129,933

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 145

 Hepburn Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Mixed Use Unsp 1 310000 310000 548.67 565.00 32.63< 75.61< 565.00 548.67
Office Prem Unsp 1 950000 950000 4166.67 228.00 ND ND 228.00 4166.67
Pub/Tavern/Club Unsp 1 520000 520000 NA NA ND 119.54< NA NA
Restaurant 1 412455 412455 NA NA ND ND NA NA
Retail Mult Occ Unsp 2 572500 572500 355.69 1769.00 ND ND 1769.00 323.63
Serv Apt/Unit Unsp 1 830000 830000 252.97 3281.00 ND ND 3281.00 252.97
Shop 1 330000 330000 491.07 672.00 148.31< ND 672.00 491.07
Industrial ($/SM) (SM) (SM) ($/SM)
Ind Dev Site 1 190000 190000 21.14 8987.00 215.90< 172.73< 8987.00 21.14
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 1 345000 345000 0.96 359531.00 224.09< ND 359531.00 0.96
MixedFarm no impr 6 530833 505000 1.23 472250.00 194.23< 234.88< 496637.33 1.07
MixedFarm&GrazUnsp 29 593617 400000 2.26 307400.00 54.98< 97.09< 535553.69 1.11
Vineyard 2 757500 757500 7.33 131523.50 ND ND 131523.50 5.76
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 4 323125 327500 598.44 706.00 89.12< 96.32< 755.00 396.25
Detached Home Unsp 149 336718 304000 298.23 1016.00 ND 115.26< 1320.67 259.42
Detached Home(exist) 112 307178 295000 322.61 967.50 122.92< 102.79< 1215.73 253.37
Res Investment Flat 1 365000 365000 NA NA ND ND NA NA
Res Land ($0) 1 239500 239500 62.37 3840.00 ND ND 3840.00 62.37
Res/Rural Lstyle 100 421613 395000 11.17 21509.00 128.46< 109.72< 40914.08 10.30
ResLandWithImprovemt 3 505666 337000 427.77 1355.50 139.49< 224.67< 1355.50 435.26
Single Strata Unit 1 260000 260000 NA NA ND 159.51< NA NA
Single Strata Unsp 7 287142 295000 NA NA ND 109.26< NA NA
Strata Unit/Flat Uns 8 236875 193750 NA NA 85.16< 66.24< NA NA
Townhouse 3 255000 250000 NA NA 112.11< 87.72< NA NA
Vac Res A 58 126036 122476 145.09 895.00 136.08< 111.34< 907.25 133.49
Vac Res B 9 142277 116000 43.55 3100.00 103.57< 92.43< 2915.56 48.80
Vac Res in globo Oth 1 1670000 1670000 3.05 547700.00 ND 1113.33< 547700.00 3.05
Vac Res/Rural Lstyle 41 161895 97000 17.25 20000.00 88.18< 71.85< 33093.00 4.89

Municipality totals
Industrial Total 1 Industrial Total Prices $190,000
Residential Total 498 Residential Total Prices $151,978,626
Commercial Total 8 Commercial Total Prices $4,497,455
Primary Production Total 38 Primary Production Total Prices $22,259,920
All Sales Total 545 All Sales Total $178,926,001

A Guide to Property Values 2013 Page 146

 Hindmarsh Shire
Residential price statistics 1985 to 2014

180,000

160,000

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 83 27,000 34,398 3 50,000^ 50,000^ 35 4,500 5,848

1986 73 27,000 31,052 3 50,000^ 48,000^ 23 3,500 5,639
1987 99 26,000 30,458 3 62,500^ 54,166^ 21 3,800 13,142
1988 111 32,000 35,819 5 57,500^ 61,600^ 21 4,500 7,366
1989 112 30,000 34,541 3 62,500^ 55,833^ 24 5,250 12,512
1990 90 38,000 40,117 2 41,500^ 41,500^ 23 7,000 8,215
1991 70 36,500 40,611 4 65,750^ 63,625^ 27 4,750 6,740
1992 92 35,750 42,486 1 66,000^ 66,000^ 27 7,750 11,518
1993 83 43,500 45,886 4 69,500^ 66,750^ 18 6,500 9,435
1994 111 47,000 50,242 3 75,000^ 60,833^ 50 6,000 7,296
1995 103 40,500 49,362 6 72,600^ 59,920^ 22 4,900 32,870
1996 116 40,000 56,036 6 85,250^ 77,203^ 51 16,500 43,198
1997 94 40,500 56,288 3 80,000^ 70,800^ 30 10,200 46,740
1998 87 43,000 54,378 1 18,500^ 18,500^ 33 12,000 38,019
1999 100 40,000 51,156 1 89,000^ 89,000^ 27 6,000 10,283
2000 131 40,000 47,648 5 79,000^ 66,500^ 22 5,250 13,090
2001 123 52,500 61,411 2 57,500^ 57,500^ 58 15,000 16,758
2002 107 62,000 67,397 1 128,000^ 128,000^ 38 15,500 19,292
2003 132 67,750 75,558 5 72,500^ 85,600^ 34 18,000 18,923
2004 130 66,625 78,879 5 125,000^ 133,950^ 46 17,128 18,774
2005 155 80,000 98,475 5 126,000^ 128,800^ 39 18,000 18,210
2006 131 82,000 95,517 7 130,000^ 145,892^ 27 9,000 17,118
2007 115 80,000 98,160 0 130,000* 145,892* 26 11,000 17,011
2008 108 80,000 104,716 0 130,000* 145,892* 23 22,000 21,160
2009 111 95,000 115,861 5 136,000^ 130,600^ 18 25,500 25,783
2010 87 82,500 97,162 3 130,000^ 132,500^ 23 15,000 20,981
2011 66 101,500 111,500 3 150,000^ 161,166^ 21 22,500 42,926
2012 93 85,000 100,011 4 127,500^ 138,750^ 20 32,500 39,445
2013 126 89,000 104,397 9 125,000^ 115,833^ 19 15,000 27,512
2014 13 112,000 119,256 1 160,000^ 160,000^ 0 15,000 * 27,512 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 147

 Hindmarsh Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Fuel Outlet/Garage 1 150001 150001 37.50 4000.00 120.00< ND 4000.00 37.50
Hotel/Motel Unsp 1 210000 210000 39.24 5352.00 ND ND 5352.00 39.24
Mixed Use Unsp 3 11693 5000 8.77 570.00 3.41< 5.29< 556.00 21.03
Retail Mult Occ Unsp 1 40000 40000 80.00 500.00 ND ND 500.00 80.00
Shop & Dwelling 1 95000 95000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Food ProcessingUnsp 1 396000 396000 22.12 17900.00 ND ND 17900.00 22.12
Ind Dev Site 2 15500 15500 27.81 618.50 ND ND 618.50 25.06
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 27500 27500 275.00 100.00 ND ND 100.00 275.00
Water Catchment Area 1 5000 5000 0.71 7060.00 ND ND 7060.00 0.71
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 2 411687 411687 0.08 5333757.00 ND ND 5333757.00 0.08
GenCrop >20ha Unsp 21 273903 221474 0.19 1600000.00 101.13< 76.94< 2107616.76 0.13
MixedFarm + impr 1 557480 557480 0.27 2051045.00 ND 185.52< 2051045.00 0.27
MixedFarm no impr 4 330254 379097 0.21 2767191.00 154.00< 130.35< 2645941.00 0.12
MixedFarm&GrazUnsp 20 301229 269217 0.18 2315986.00 ND 102.36< 2668906.70 0.11
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 38 83194 68950 113.00 1000.00 153.22< 86.19< 1130.46 72.95
Detached Home(exist) 88 113553 92000 110.78 1011.00 96.84< 85.98< 1205.67 95.19
Individual Car Park 1 1000 1000 1.87 534.00 ND ND 534.00 1.87
Res Investment Flat 4 85500 84601 337.42 326.00 ND ND 326.00 337.42
Res/Rural Lstyle 15 153200 122500 7.90 29763.00 113.95< 87.50< 51053.87 3.00
ResLandWithImprovemt 1 22000 22000 6.03 3651.00 13.29< ND 3651.00 6.03
Retire Village Unit 1 132000 132000 NA NA ND ND NA NA
Single Strata Unsp 1 145000 145000 NA NA ND 117.41< NA NA
Townhouse 3 141166 128500 NA NA 107.98< 71.39< NA NA
Vac Res A 13 26333 15000 70.65 1012.00 53.57< 64.52< 1019.30 28.97
Vac Res B 6 30066 14250 34.60 2022.50 63.33< 63.33< 2554.00 11.77
Vac Res/Rural Lstyle 3 24500 19000 0.60 31700.00 43.68< 57.58< 22858.67 1.07

Municipality totals
Industrial Total 3 Industrial Total Prices $427,000
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $32,500
Residential Total 174 Residential Total Prices $17,113,849
Commercial Total 7 Commercial Total Prices $530,081
Primary Production Total 48 Primary Production Total Prices $14,478,422
All Sales Total 234 All Sales Total $32,581,852

A Guide to Property Values 2013 Page 148

 Hobsons Bay City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,100 67,000 72,599 132 54,750 67,653 602 23,400 24,678
1986 935 74,000 79,834 118 64,500 80,217 409 25,400 27,726
1987 993 80,000 90,001 151 69,000 101,873 510 28,900 32,618
1988 1,285 92,500 105,748 237 69,000 92,300 585 34,500 37,816
1989 895 116,500 129,965 174 93,000 122,300 375 44,500 48,732
1990 769 120,000 135,870 201 95,000 106,715 242 45,000 48,432
1991 814 113,000 127,935 217 95,000 111,617 283 46,000 55,476
1992 986 105,000 116,841 244 94,000 107,618 394 43,000 52,276
1993 1,048 107,500 121,222 191 95,000 111,543 400 42,000 51,011
1994 1,115 110,000 126,974 343 98,500 113,134 424 42,000 54,194
1995 1,107 112,500 127,766 307 93,000 105,147 438 49,950 62,862
1996 1,308 118,000 137,684 348 97,750 119,132 477 47,300 55,156
1997 1,507 130,000 155,012 502 108,000 122,438 709 48,000 61,663
1998 1,546 150,000 181,740 390 119,700 142,738 612 54,000 70,294
1999 1,518 172,000 204,306 443 135,000 156,768 484 70,000 89,545
2000 1,486 190,500 231,362 399 150,000 177,986 218 72,670 90,768
2001 1,708 226,250 274,921 490 180,500 212,595 304 85,310 97,506
2002 1,752 270,000 307,038 428 218,000 246,197 120 95,000 101,816
2003 1,652 300,000 351,810 443 235,000 255,012 102 140,000 131,526
2004 1,389 307,500 356,019 366 238,500 275,029 45 135,000 141,845
2005 1,472 309,000 381,435 465 245,000 281,096 21 138,000 144,862
2006 1,479 335,000 406,465 477 285,000 318,383 53 150,000 165,307
2007 1,766 390,000 482,710 690 295,000 326,247 81 158,000 168,374
2008 1,313 415,000 494,459 451 315,000 356,467 38 163,750 151,967
2009 1,465 435,000 513,872 606 365,000 394,380 27 171,630 210,630
2010 1,386 531,500 602,586 544 413,000 446,896 28 207,500 215,139
2011 1,202 535,000 625,248 441 420,000 446,838 30 263,000 264,512
2012 1,092 525,500 612,841 415 405,000 436,612 22 270,000 272,540
2013 1,281 565,000 632,623 520 440,000 469,321 32 289,500 298,278
2014 124 462,500 507,783 78 473,750 537,852 3 305,000 ^ 374,666 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 149

 Hobsons Bay City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 3 1165500 620000 1562.62 852.50 79.39< ND 852.50 1687.10
Health Clinic Unsp 2 1475000 1475000 2031.42 736.00 ND 368.75< 736.00 2004.08
Mixed Use Unsp 1 1101000 1101000 252.41 4362.00 108.21< 234.26< 4362.00 252.41
Office Prem Unsp 1 165000 165000 NA NA ND ND NA NA
Pub/Tavern/Club Unsp 2 2447500 2447500 6072.31 618.00 ND 123.30< 618.00 3960.36
Retail Mult Occ Unsp 9 973555 825000 2611.57 242.00 ND 85.94< 226.78 4292.99
Retail Sgle Occ Unsp 3 1165500 620000 1562.62 852.50 79.39< ND 852.50 1687.10
Retail Store/Showrm 1 650500 650500 NA NA 59.02< 23.87< NA NA
Shop 2 730000 730000 1083.33 240.00 198.64< 97.33< 240.00 1083.33
Shop & Dwelling 2 424000 424000 2258.06 186.00 100.36< 16.96< 186.00 2258.06
Strata/Subdiv Office 3 352666 352000 NA NA 117.00< ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Coolstore/Coldstore 1 8000000 8000000 3921.57 2040.00 ND ND 2040.00 3921.57
Factory 6 1063333 500000 618.28 930.00 118.13< 137.93< 875.00 557.14
Factory Unsp 20 580742 487500 1182.93 643.50 61.07< 84.78< 1243.19 498.87
Ind Dev Site 16 368874 380000 313.05 1447.50 81.72< 86.36< 2450.50 150.53
Oil Refinery 1 3000000 3000000 8.36 359000.00 250.00< ND 359000.00 8.36
Warehouse 5 4432400 670000 946.33 708.00 12.75< 288.33< 8967.20 494.29
Warehouse Unspec 4 4751375 5537750 263.02 27985.00 1703.92< 574.04< 27985.00 229.60
Warehouse/Showroom 1 544500 544500 NA NA 45.38< 94.70< NA NA
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 7696 7696 208.00 37.00 59.80< 513.07< 37.00 208.00
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 459000 459000 NA NA 106.74< 93.20< NA NA
Detached Home (new) 17 657323 615000 2002.58 387.00 136.67< 115.49< 435.29 1507.06
Detached Home Unsp 732 633808 571500 809.79 531.00 93.69< 111.02< 511.97 1244.85
Detached Home(exist) 508 631600 551000 1118.55 523.00 128.14< 98.39< 490.99 1291.46
Half Pair or Duplex 5 473800 520000 1790.02 243.50 121.78< 102.21< 264.50 1747.64
House & Flat/Studio 1 250000 250000 NA NA ND ND NA NA
Res Investment Flat 8 698125 750000 704.23 284.00 214.29< 195.44< 284.00 704.23
Res Land ($0) 13 774461 660000 933.43 691.00 ND 79.76< 667.77 1159.77
Res/Rural Lstyle 3 545292 622876 53.66 27842.50 70.78< ND 27842.50 24.21
ResLandWithImprovemt 1 310000 310000 14.31 21669.00 ND 59.44< 21669.00 14.31
Retire Village Compl 2 150500 150500 NA NA ND ND NA NA
Retire Village Unit 19 414728 400000 NA NA 117.65< 131.01< NA NA
Semi-detached Unsp 9 654555 599999 2038.22 314.00 ND 84.99< 270.11 2423.28
Single Strata Unsp 153 463373 450000 NA NA 137.20< 108.43< NA NA
Storage Area 1 60000 60000 NA NA ND ND NA NA
Strata Unit/Flat Uns 244 457192 425000 NA NA 121.43< 101.43< NA NA
Sub Div (Multi Lot) 1 1650000 1650000 88.05 18740.00 ND 123.68< 18740.00 88.05
Terrace House 9 656222 545000 2883.76 253.00 105.47< 86.51< 291.50 2047.46
Townhouse 95 501811 485000 NA NA 116.87< 104.53< NA NA
Vac Res A 32 298278 289500 575.70 502.00 169.48< 111.78< 492.22 602.76
Vac Res/Rural Lstyle 1 3984750 3984750 115.47 34510.00 31878.00< 1189.48< 34510.00 115.47

Municipality totals
Industrial Total 54 Industrial Total Prices $76,608,834
Residential Total 1,855 Residential Total Prices $1,081,992,704
Commercial Total 29 Commercial Total Prices $28,882,500
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $7,696
All Sales Total 1,939 All Sales Total $1,187,491,734

A Guide to Property Values 2013 Page 150

 Horsham Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 287 46,000 51,657 43 58,500 56,153 92 17,350 17,371

1986 242 50,000 57,900 34 68,300 70,744 98 17,600 21,750
1987 271 55,100 61,942 40 62,450 74,190 75 21,500 23,597
1988 307 62,500 68,576 41 66,000 74,902 96 17,450 22,363
1989 261 71,500 76,745 50 73,750 85,892 115 24,500 26,993
1990 229 75,000 83,204 38 78,250 85,802 97 25,410 27,804
1991 256 75,000 79,451 30 81,750 91,000 58 25,250 27,339
1992 279 80,000 85,731 36 75,750 82,001 137 25,500 32,884
1993 291 78,000 83,439 27 80,000 99,828 94 24,000 27,136
1994 332 80,000 87,105 39 84,500 83,237 88 27,750 30,921
1995 324 85,000 90,393 29 84,000 78,871 87 30,000 36,557
1996 285 85,500 98,121 33 93,500 91,287 57 32,000 52,088
1997 341 92,000 100,911 37 92,000 89,587 113 35,000 47,733
1998 354 85,000 95,610 53 85,000 87,803 102 37,875 39,981
1999 332 96,000 110,887 43 85,000 86,593 86 36,500 37,774
2000 421 90,000 104,340 53 89,000 95,718 105 32,000 35,464
2001 447 107,500 116,232 72 103,000 108,614 197 35,750 45,079
2002 430 125,000 137,052 60 115,500 114,226 200 45,000 49,015
2003 462 139,500 147,096 66 137,750 146,572 214 48,800 54,905
2004 462 156,000 168,021 61 179,950 190,663 187 53,750 56,756
2005 378 170,000 186,686 50 165,125 176,834 161 60,000 65,111
2006 347 168,200 191,162 51 175,000 187,214 150 65,000 71,242
2007 440 175,000 193,011 47 160,000 174,702 93 66,000 77,371
2008 410 183,500 201,358 53 180,000 183,151 56 62,675 60,554
2009 425 178,000 190,265 55 179,950 201,222 80 62,400 61,981
2010 350 185,000 204,216 45 205,000 216,350 78 85,000 83,268
2011 300 210,000 230,095 55 198,000 216,920 95 96,600 107,179
2012 343 219,000 231,025 61 193,000 201,569 99 93,000 97,396
2013 376 210,500 222,561 70 174,250 187,699 90 98,950 108,340
2014 46 203,000 235,076 8 217,500^ 236,875^ 13 104,000 101,414

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 151

 Horsham Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 3 412370 500000 383.20 1516.00 ND 7478.31< 1516.00 346.34
Mixed Use Office 1 336000 336000 670.66 501.00 ND ND 501.00 670.66
Mixed Use Unsp 1 1375000 1375000 212.22 6479.00 500.00< 217.91< 6479.00 212.22
Motel 1 1560000 1560000 670.10 2328.00 ND ND 2328.00 670.10
Office Cvrt Dwelling 1 975000 975000 NA NA ND ND NA NA
Office Prem Unsp 1 590000 590000 1953.64 302.00 ND 198.65< 302.00 1953.64
Pub/Tavern/Club Unsp 1 400000 400000 662.25 604.00 ND ND 604.00 662.25
Retail Sgle Occ Unsp 3 412370 500000 383.20 1516.00 ND 7478.31< 1516.00 346.34
Shop 2 600000 600000 1898.99 348.00 413.79< 242.91< 348.00 1724.14
Community Services ($/SM) (SM) (SM) ($/SM)
Ambulance Station 1 302500 302500 213.78 1415.00 ND ND 1415.00 213.78
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 693000 693000 144.38 4800.00 231.00< ND 4800.00 144.38
Factory Unsp 1 520000 520000 116.46 4465.00 ND 208.00< 4465.00 116.46
Ind Dev Site 1 275000 275000 5.50 50000.00 321.63< 216.22< 50000.00 5.50
Warehouse Unspec 3 710000 280000 12.74 15700.00 ND 74.87< 14710.33 48.27
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 840 840 0.79 1058.00 ND 12.56< 1058.00 0.79
Major Water Conduits 2 4400 4400 0.05 92514.00 ND ND 92514.00 0.05
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 3 340120 308544 0.39 1270000.00 131.29< 23.82< 2444289.67 0.14
Livestock – Sheep 4 298248 275951 0.23 1355000.00 63.96< 262.81< 1708829.25 0.17
MixedFarm no impr 4 222041 247464 0.22 1300000.00 96.48< 127.84< 1178000.00 0.19
MixedFarm&GrazUnsp 52 513426 364981 0.31 1275000.00 135.98< 130.15< 1668442.92 0.31
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 283000 283000 NA NA 100.96< 97.59< NA NA
Detached Home Unsp 192 221840 206500 398.58 742.50 ND 102.74< 839.46 263.01
Detached Home(exist) 183 222987 215000 506.58 760.00 120.79< 102.38< 834.02 268.44
Res Investment Flat 3 346333 345000 NA NA ND 155.06< NA NA
Res/Rural Lstyle 60 347083 298250 18.02 17694.50 90.38< 99.35< 44635.18 7.78
Single Strata Unsp 37 179439 168000 NA NA ND 97.11< NA NA
Strata Unit/Flat Uns 17 142667 109600 NA NA 60.91< 40.59< NA NA
Townhouse 13 233488 229000 NA NA 141.84< 109.83< NA NA
Vac Res A 88 109325 99250 127.89 901.50 159.57< 103.17< 944.05 138.57
Vac Res B 2 65000 65000 22.44 3024.50 ND 53.94< 3024.50 21.49
Vac Res in globo Oth 2 403500 403500 5.46 72917.00 ND 8966.67< 72917.00 5.53
Vac Res/Rural Lstyle 31 150290 122000 2.51 29890.00 106.09< 88.09< 55881.87 2.69

Municipality totals
Commercial Total 14 Commercial Total Prices $8,910,220
Primary Production Total 63 Primary Production Total Prices $29,799,689
Community Services Total 1 Community Services Total Prices $302,500
Industrial Total 6 Industrial Total Prices $3,618,000
Infrastruc&Utilities Total 3 Infrastruc&Utilities Total Prices $9,640
Residential Total 629 Residential Total Prices $132,863,568
All Sales Total 716 All Sales Total $175,503,617

A Guide to Property Values 2013 Page 152

 Hume City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,441 70,000 73,094 139 67,000 70,566 1,290 26,000 32,874
1986 1,374 75,500 82,404 138 70,000 108,873 1,102 28,300 39,519
1987 1,385 80,000 89,959 155 73,500 86,178 1,140 31,000 43,510
1988 1,978 89,000 100,264 286 84,750 134,593 1,796 35,000 47,904
1989 1,447 110,000 119,260 344 104,450 127,035 1,505 42,000 55,754
1990 1,266 115,000 126,193 245 105,000 122,664 1,044 45,000 52,554
1991 1,266 110,000 118,222 224 98,750 105,900 1,275 36,000 41,940
1992 1,334 107,000 116,145 193 95,000 111,405 1,280 40,000 45,041
1993 1,427 106,000 115,331 248 100,000 122,601 1,322 41,500 48,843
1994 1,468 107,000 113,340 247 95,000 113,048 1,265 43,000 50,590
1995 1,526 105,000 114,104 205 95,000 125,738 897 44,000 53,157
1996 1,485 105,000 114,606 188 95,050 117,082 780 46,000 54,943
1997 1,909 106,500 118,595 253 100,000 130,754 1,143 48,435 58,011
1998 1,948 115,000 126,003 279 105,000 118,442 1,402 56,000 65,471
1999 2,184 134,000 148,809 299 112,000 119,467 2,187 59,000 65,419
2000 2,332 145,000 161,645 300 128,000 133,651 1,393 63,000 69,802
2001 2,784 167,000 183,720 372 155,000 161,562 2,259 69,824 74,781
2002 2,771 193,000 214,966 365 177,000 193,532 2,465 83,500 89,862
2003 2,873 225,000 242,358 431 200,000 203,186 2,491 102,200 111,114
2004 2,541 243,000 260,697 399 220,000 235,795 1,494 121,750 126,280
2005 2,610 245,000 266,545 355 222,000 257,947 1,355 129,000 137,962
2006 2,311 250,000 276,636 383 232,000 242,853 1,400 127,951 139,808
2007 2,950 260,000 289,579 536 227,350 245,672 1,636 130,900 138,849
2008 2,958 280,000 305,372 535 252,500 265,011 1,390 143,000 150,392
2009 3,075 325,000 342,058 614 273,750 284,061 1,682 160,000 165,931
2010 2,514 370,000 389,536 406 320,000 352,117 1,498 190,500 200,078
2011 2,348 360,000 383,868 426 321,625 320,988 1,369 207,000 210,559
2012 2,116 350,000 371,241 443 319,900 312,744 1,299 200,000 201,969
2013 2,320 360,000 383,550 441 300,000 294,444 1,169 205,000 205,094
2014 302 360,000 376,755 51 290,000 281,735 76 222,450 231,907

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 153

 Hume City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 8 1435345 765000 224.49 2669.00 110.23< 156.27< 8255.75 173.86
Medical/Surgery 1 2675000 2675000 987.08 2710.00 ND 274.36< 2710.00 987.08
Mixed Use Unsp 7 517000 385000 483.03 1092.50 148.08< 40.53< 1073.83 507.37
Multi-level Office 1 3625000 3625000 453125.00 8.00 56.73< 193.85< 8.00 453125.00
Office Prem Unsp 6 338833 362250 2130.62 171.00 ND ND 171.00 2118.42
Retail Mult Occ Unsp 2 410000 410000 1117.02 188.00 ND 93.18< 188.00 1117.02
Retail Sgle Occ Unsp 8 1435345 765000 224.49 2669.00 110.23< 156.27< 8255.75 173.86
Retail Store/Showrm 3 500000 550000 NA NA 48.35< ND NA NA
Shop 7 552857 429000 2294.12 187.00 116.07< 68.37< 3918.20 144.81
Shopping Centre Unsp 6 1874000 532500 34.35 56766.00 4.33< 85.75< 56766.00 34.35
SpecialPurpose tech 1 1427005 1427005 6.02 237230.00 ND ND 237230.00 6.02
Strata/Subdiv Office 4 588750 527500 474.38 2108.00 175.83< 102.43< 2108.00 474.38
Veterinary Clinic 1 450000 450000 611.41 736.00 ND ND 736.00 611.41
Community Services ($/SM) (SM) (SM) ($/SM)
Vac Health Ser Site 1 2970000 2970000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 48 851990 358750 647.48 807.00 88.14< 76.33< 3449.35 277.76
Factory Unsp 64 499541 425000 1049.52 828.00 103.48< 98.27< 1619.47 329.31
Ind Dev Site 25 1138850 605000 192.16 2528.50 146.28< 164.63< 8038.38 143.02
Ind Land Build ($0) 1 4329200 4329200 60.53 71517.00 ND 1468.52< 71517.00 60.53
Warehouse 19 6902277 1550000 841.73 2976.00 233.08< 327.09< 13830.35 555.57
Warehouse Unspec 21 2854880 1300000 415.11 2367.00 151.52< 149.43< 8457.50 387.53
Warehouse/Showroom 4 6428000 5405000 1065.93 13650.00 684.18< 393.09< 13650.00 1065.93
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 4 1301250 1135000 4.27 443650.00 192.37< 103.18< 453725.00 2.87
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 2 5200000 5200000 NA NA ND ND NA NA
Cojoin Strata Unsp 16 282843 282500 1145.83 336.00 89.68< 95.36< 491.40 606.63
Detached Home (new) 118 399416 380625 902.38 400.00 111.95< 97.86< 459.83 880.11
Detached Home Unsp 1070 383045 360000 741.72 604.00 97.30< 100.56< 630.59 609.41
Detached Home(exist) 1127 382591 357000 434.06 599.00 110.78< 98.62< 624.75 614.18
Half Pair or Duplex 1 245000 245000 NA NA 84.19< 68.25< NA NA
Res Dev Site 7 1144310 1005000 194.43 1734.00 ND 172.46< 2262.86 505.69
Res Investment Flat 7 338247 315000 895.87 573.00 12.61< 88.30< 2435.67 173.77
Res/Rural Lstyle 64 965648 887500 62.62 13340.00 137.38< 133.96< 38418.86 25.13
ResLandWithImprovemt 1 400000 400000 1000.00 400.00 ND 125.98< 400.00 1000.00
Retire Village Unit 6 284166 300000 NA NA 234.38< 93.75< NA NA
Semi-detached Unsp 2 380000 380000 1166.96 324.00 113.43< 115.85< 324.00 1172.84
Single Strata Unsp 104 286599 290000 NA NA 151.63< 96.67< NA NA
Strata Dwelling 1 570000 570000 NA NA ND ND NA NA
Strata Unit/Flat Uns 211 290330 300000 NA NA 107.14< 90.91< NA NA
Sub Div (Multi Lot) 1 3862350 3862350 44.91 86000.00 263.56< 280.90< 86000.00 44.91
Terrace House 2 331250 331250 1670.65 203.50 123.37< 92.01< 203.50 1627.76
Townhouse 96 308496 306000 NA NA 107.37< 91.34< NA NA
Vac Res A 1166 204382 205000 487.27 426.00 128.13< 99.03< 459.24 446.88
Vac Res B 3 481533 369600 123.08 2478.00 157.28< ND 2538.00 189.73
Vac Res in globo Oth 7 13078183 4350000 42.70 463681.00 2416.67< 681.83< 527328.29 24.80
Vac Res/Rural Lstyle 14 660785 512500 34.56 11925.00 227.78< 157.69< 26347.07 25.08
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
WaterSport Pool/Aqua 1 180000 180000 NA NA ND ND NA NA

Municipality totals
Commercial Total 55 Commercial Total Prices $56,583,533
Community Services Total 1 Community Services Total Prices $2,970,000
Industrial Total 182 Industrial Total Prices $322,474,403
Primary Production Total 4 Primary Production Total Prices $5,205,000
Residential Total 4,026 Residential Total Prices $1,444,715,038
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $180,000
All Sales Total 4,269 All Sales Total $1,832,127,974

A Guide to Property Values 2013 Page 154

 Indigo Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 119 49,000 53,150 18 41,850 57,722 117 10,000 11,122

1986 147 54,000 57,020 11 63,000 68,318 100 13,850 17,023
1987 157 60,000 62,396 8 59,000^ 58,250^ 95 16,000 19,321
1988 174 65,000 68,022 17 63,000 76,941 117 18,000 24,253
1989 182 76,500 86,951 15 75,000 72,560 136 20,500 25,471
1990 126 81,000 87,222 17 85,000 95,452 80 25,000 34,086
1991 148 82,000 89,637 16 75,000 73,875 75 28,000 29,251
1992 131 84,000 91,121 10 71,750 67,060 61 27,500 30,585
1993 146 85,000 92,230 7 78,000^ 82,357^ 73 28,000 34,137
1994 161 95,000 107,613 11 95,000 89,090 84 26,500 31,967
1995 146 100,000 108,839 6 92,500^ 95,416^ 83 30,500 44,260
1996 160 89,500 102,640 14 70,000 66,607 59 32,000 56,595
1997 146 93,750 102,723 10 93,500 137,175 61 32,500 51,137
1998 170 95,000 105,922 8 94,000^ 89,750^ 73 32,000 44,228
1999 164 92,250 102,974 6 71,500^ 76,333^ 48 35,000 43,945
2000 208 101,500 109,075 9 75,000^ 74,805^ 51 32,500 35,884
2001 241 112,500 120,009 14 87,000 89,357 91 34,000 41,761
2002 277 132,000 145,891 24 91,000 101,375 93 42,000 43,741
2003 252 155,750 164,370 9 88,500^ 91,944^ 135 42,250 47,519
2004 198 175,000 190,200 14 167,500 158,535 83 65,000 73,167
2005 200 222,500 228,256 15 190,000 181,266 79 72,000 74,571
2006 199 225,000 236,602 19 159,950 158,257 55 75,500 83,004
2007 194 228,250 248,516 12 201,250 193,333 57 88,500 105,903
2008 139 230,000 247,761 17 174,000 207,852 43 90,000 92,606
2009 145 220,000 231,972 20 185,000 200,510 61 84,000 94,556
2010 159 245,000 262,128 12 159,000 154,625 56 77,375 88,479
2011 143 246,000 267,354 13 210,000 215,000 48 84,000 101,882
2012 149 260,000 270,714 12 189,000 194,416 46 81,500 94,826
2013 171 260,000 269,009 22 212,500 225,000 60 91,750 100,700
2014 24 218,000 279,125 1 130,000^ 130,000^ 9 110,000 ^ 106,055 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 155

 Indigo Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bed and Breakfast 1 550000 550000 343.75 1600.00 ND 122.22< 1600.00 343.75
Fuel Outlet/Garage 1 295000 295000 163.07 1809.00 ND ND 1809.00 163.07
Guest/BackPack Unsp 1 950000 950000 469.37 2024.00 ND ND 2024.00 469.37
Medical/Surgery 1 165000 165000 NA NA ND ND NA NA
Mixed Use Unsp 2 386500 386500 210.81 1613.00 44.94< ND 1613.00 239.62
Pub/Tavern/Club Unsp 1 1650000 1650000 2665.59 619.00 ND ND 619.00 2665.59
Shop 2 252000 252000 896.30 285.00 86.07< 77.54< 285.00 884.21
Shop & Dwelling 1 365000 365000 586.82 622.00 270.37< 142.18< 622.00 586.82
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 1 113850 113850 41.24 2761.00 108.43< 56.93< 2761.00 41.24
Ind Dev Site 2 81250 81250 32.43 2494.00 ND 67.71< 2494.00 32.58
Warehouse 1 200000 200000 58.33 3429.00 ND ND 3429.00 58.33
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 5 562000 510000 0.54 400000.00 ND 137.84< 577154.00 0.97
Livestock – Beef 6 497166 271500 0.43 775150.00 53.24< 74.90< 1004005.17 0.50
MixedFarm no impr 2 270500 270500 0.59 447100.00 86.56< 112.24< 447100.00 0.61
MixedFarm&GrazUnsp 25 647698 490798 0.94 507000.00 223.09< 121.94< 1094821.92 0.59
Vineyard 2 1233580 1233580 2.41 506850.00 280.36< 246.47< 506850.00 2.43
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 3 255000 276000 374.02 887.50 ND 86.25< 887.50 251.27
Detached Home Unsp 68 272335 262500 159.23 986.00 ND 114.13< 1165.70 231.99
Detached Home(exist) 99 268133 250000 250.63 961.50 113.64< 100.40< 1165.56 229.92
Res Dev Site 1 905000 905000 107.92 8386.00 ND ND 8386.00 107.92
Res Investment Flat 2 235000 235000 NA NA ND ND NA NA
Res/Rural Lstyle 76 399467 392500 13.71 26855.00 106.08< 101.95< 40783.97 9.79
ResLandWithImprovemt 2 249500 249500 37.28 8350.00 166.33< 68.59< 8350.00 29.88
Single Strata Unsp 6 248333 209000 NA NA ND 116.11< NA NA
Strata Unit/Flat Uns 3 198666 169000 NA NA 83.46< 80.48< NA NA
Terrace House 1 171500 171500 70.87 2420.00 ND ND 2420.00 70.87
Townhouse 11 217636 215000 NA NA 131.90< 91.49< NA NA
Vac Res A 53 101095 91000 99.82 986.00 107.69< 103.41< 1060.28 92.71
Vac Res B 7 97714 92500 38.52 2544.00 112.80< 114.27< 2737.86 35.69
Vac Res in globo Oth 1 2720000 2720000 136.00 20000.00 ND 2068.44< 20000.00 136.00
Vac Res/Rural Lstyle 32 172815 162500 3.00 41995.50 104.84< 130.00< 60884.28 2.84

Municipality totals
Industrial Total 4 Industrial Total Prices $476,350
Residential Total 365 Residential Total Prices $97,006,273
Commercial Total 10 Commercial Total Prices $5,252,000
Primary Production Total 40 Primary Production Total Prices $24,993,631
All Sales Total 419 All Sales Total $127,728,254

A Guide to Property Values 2013 Page 156

 Kingston City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,295 78,000 84,907 1,157 61,000 71,253 323 38,000 48,007
1986 1,984 85,000 95,955 1,013 68,000 85,647 363 44,000 57,090
1987 2,221 92,500 103,777 1,259 74,000 92,828 468 43,000 73,353
1988 2,577 115,000 126,657 1,476 87,500 118,420 1,193 50,100 67,614
1989 1,599 140,000 158,760 1,000 111,000 135,840 561 72,000 86,893
1990 1,354 135,000 147,802 856 110,000 124,332 293 60,000 76,631
1991 1,449 127,500 142,148 837 101,000 111,455 385 52,500 63,108
1992 1,527 127,000 137,946 794 102,000 110,982 471 54,000 63,511
1993 1,639 128,100 141,071 888 100,000 114,385 366 58,500 74,933
1994 1,810 133,000 146,387 1,027 100,000 115,125 396 65,000 78,315
1995 1,641 129,000 142,707 917 105,000 115,578 349 64,500 76,459
1996 1,804 131,000 145,232 1,070 99,725 113,772 357 63,000 74,161
1997 2,447 145,500 165,616 1,565 105,000 118,535 476 70,000 79,120
1998 2,203 164,000 183,190 1,435 122,500 133,606 380 86,000 104,444
1999 2,148 190,450 215,822 1,483 142,000 158,803 327 106,000 118,708
2000 2,049 220,000 242,180 1,343 158,500 177,332 328 125,000 122,680
2001 2,621 255,000 280,214 1,707 190,000 213,870 562 147,000 148,318
2002 2,456 305,000 337,379 1,423 232,500 258,938 174 161,900 160,196
2003 2,226 350,500 384,539 1,421 252,000 280,264 232 220,000 217,015
2004 1,826 355,000 385,787 1,186 258,000 298,112 139 207,000 217,691
2005 2,082 365,510 408,599 1,367 267,000 288,885 80 243,000 236,621
2006 1,917 400,000 446,261 1,432 280,000 308,920 117 252,500 251,243
2007 2,444 462,000 510,529 2,022 331,750 363,482 302 250,812 235,213
2008 1,654 499,937 535,518 1,341 347,000 371,948 99 240,800 251,912
2009 1,912 518,250 558,403 1,704 380,000 401,343 80 263,550 284,180
2010 1,838 615,000 649,451 1,440 443,375 479,005 82 395,000 381,019
2011 1,617 585,000 627,432 1,301 420,000 451,220 65 415,000 374,947
2012 1,466 580,000 613,560 1,344 416,500 435,512 115 320,000 338,358
2013 1,673 615,000 656,699 1,376 440,000 468,335 81 343,052 342,339
2014 166 620,500 658,760 177 457,500 468,377 12 359,976 366,092

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 157

 Kingston City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 7 754300 415100 1291.36 1239.00 115.63< 81.39< 1824.00 703.58
Fuel Outlet/Garage 1 500000 500000 310.17 1612.00 69.93< 19.61< 1612.00 310.17
Health Clinic Unsp 1 342500 342500 NA NA ND 23.78< NA NA
Mixed Use Unsp 19 1268747 525000 1045.51 1769.00 34.85< 131.25< 5827.73 301.56
Multi-level Office 1 1125000 1125000 NA NA 40.18< 29.22< NA NA
National Co Rest 2 3583000 3583000 1266.44 2925.50 ND ND 2925.50 1224.75
Office Prem Unsp 18 701994 306250 1950.60 1579.00 ND 49.00< 1931.67 1140.93
Restaurant 1 3475000 3475000 1245.97 2789.00 858.02< 577.90< 2789.00 1245.97
Retail Mult Occ Unsp 2 1234750 1234750 3082.96 223.00 ND 274.39< 223.00 3082.96
Retail Sgle Occ Unsp 7 754300 415100 1291.36 1239.00 115.63< 81.39< 1824.00 703.58
Retail Store/Showrm 5 784000 665000 1365.50 487.00 150.28< 120.91< 4542.00 158.52
Shop 9 431111 370000 151.34 1490.00 81.76< 105.71< 1559.40 256.64
Strata/Subdiv Office 6 279250 291000 NA NA 35.60< 83.74< NA NA
Tourist Park/Caravan 2 5037500 5037500 190.63 25955.50 ND ND 25955.50 194.08
Community Services ($/SM) (SM) (SM) ($/SM)
Early Childhood Cent 1 2300000 2300000 1227.98 1873.00 209.09< ND 1873.00 1227.98
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 42 686414 487500 288.65 696.00 102.20< 108.33< 1186.93 590.38
Factory Unsp 64 604329 367125 941.19 697.50 39.69< 94.13< 3046.64 282.76
Food ProcessingUnsp 1 3350000 3350000 257.71 12999.00 ND ND 12999.00 257.71
Ind Dev Site 16 1603733 401048 220.00 1717.50 9.44< 117.51< 4853.94 330.40
OpenStorageUnsp 1 2750000 2750000 300.68 9146.00 ND ND 9146.00 300.68
Warehouse 18 889420 909000 722.52 1474.00 136.03< 155.19< 1351.07 664.54
Warehouse Unspec 54 974950 730000 735.17 989.50 ND 105.80< 2193.39 464.18
Warehouse/Office 1 2750000 2750000 587.23 4683.00 625.00< 431.03< 4683.00 587.23
Warehouse/Showroom 8 5085595 698775 1593.27 673.00 135.68< 86.19< 3944.00 168.91
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 5 84880 13381 5.05 697.00 464.78< 199.72< 495.67 22.80
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 20 619949 595250 860.90 546.00 104.61< 105.35< 502.00 1256.45
Detached Home Unsp 897 656226 621000 1100.00 590.00 128.70< 103.98< 592.39 1112.44
Detached Home(exist) 744 653588 607500 1147.31 594.00 117.96< 104.74< 597.09 1113.04
Half Pair or Duplex 8 821125 647500 3617.46 412.50 134.62< 111.64< 467.50 2253.48
House & Flat/Studio 2 548000 548000 1288.02 474.50 ND ND 474.50 1154.90
Individual Car Park 2 43500 43500 256.41 78.00 ND ND 78.00 256.41
OYO Subdivided Flat 1 330000 330000 NA NA ND ND NA NA
Res Dev Site 2 1350000 1350000 1108.38 1239.50 ND ND 1239.50 1089.15
Res Investment Flat 2 1120000 1120000 NA NA 27.97< 248.20< NA NA
Res Land ($0) 5 889600 820000 797.28 809.00 86.32< 87.00< 719.80 1235.90
Res/Rural Lstyle 6 1322000 973500 206.92 11463.50 40.36< 252.86< 13058.50 143.53
ResLandWithImprovemt 6 403581 449000 1875.80 288.50 22450.00< 96.56< 339.75 1096.75
Retire Village Unit 19 526131 450000 3428.57 196.00 121.37< 115.68< 196.00 3428.57
Single Strata Unit 2 357500 357500 NA NA 77.72< 99.31< NA NA
Single Strata Unsp 623 457819 425000 NA NA 104.94< 102.78< NA NA
Strata Unit/Flat Uns 456 466852 450400 NA NA 118.53< 105.98< NA NA
Terrace House 2 1845000 1845000 5814.78 283.50 369.07< 338.84< 283.50 6507.94
Townhouse 273 487333 464500 NA NA 120.65< 107.71< NA NA
Vac Res A 81 342339 343052 2542.09 157.00 130.17< 82.66< 255.16 1349.80

Municipality totals
Commercial Total 81 Commercial Total Prices $81,930,799
Community Services Total 1 Community Services Total Prices $2,300,000
Industrial Total 205 Industrial Total Prices $211,357,922
Infrastruc&Utilities Total 5 Infrastruc&Utilities Total Prices $424,401
Residential Total 3,151 Residential Total Prices $1,788,406,004
All Sales Total 3,443 All Sales Total $2,084,419,126

A Guide to Property Values 2013 Page 158

 Knox City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,924 74,500 79,234 528 65,000 84,299 1,723 29,000 38,867
1986 2,568 80,000 87,701 534 66,500 83,728 1,455 32,800 41,382
1987 2,835 87,000 95,885 645 74,000 112,682 1,594 37,900 49,742
1988 3,454 107,000 118,499 736 93,000 131,426 1,672 48,500 57,748
1989 2,167 128,000 141,635 510 113,000 157,069 795 65,000 72,511
1990 1,972 130,000 141,258 408 117,900 142,044 623 62,500 71,659
1991 2,023 123,500 135,188 274 106,250 127,563 714 58,000 62,626
1992 2,036 121,000 132,988 323 100,000 114,420 720 58,600 62,248
1993 2,151 121,000 130,264 335 100,000 134,715 1,086 60,000 64,290
1994 2,195 123,000 132,468 353 100,000 120,809 909 64,950 70,738
1995 2,175 120,000 131,574 304 100,500 115,601 741 67,000 69,275
1996 2,183 118,000 128,433 412 100,000 113,638 687 67,000 71,258
1997 2,618 125,000 137,573 565 109,000 127,206 1,282 68,000 74,794
1998 2,497 135,000 149,369 560 115,250 132,416 1,047 72,000 78,921
1999 2,613 150,000 167,390 653 129,000 132,742 966 85,000 89,810
2000 2,693 165,000 182,576 598 139,975 152,174 544 97,000 99,020
2001 3,059 194,000 211,166 742 171,000 177,994 664 117,000 122,556
2002 2,961 235,000 254,056 745 198,000 208,824 264 158,000 149,617
2003 2,680 270,000 294,743 629 222,600 228,072 322 185,000 185,471
2004 2,288 282,500 309,326 546 240,000 241,040 161 215,000 201,243
2005 2,396 298,975 319,795 695 251,000 260,168 219 214,900 206,152
2006 2,200 311,575 338,349 765 260,000 269,039 147 215,000 210,875
2007 2,439 358,500 388,507 976 283,000 290,243 154 249,000 270,395
2008 2,028 380,500 407,816 744 316,000 323,043 43 250,000 226,859
2009 2,144 416,000 442,054 896 348,000 350,921 44 227,500 229,589
2010 1,968 490,375 514,930 708 380,010 393,470 70 287,500 292,033
2011 1,860 477,500 501,599 643 374,000 385,244 63 356,000 340,282
2012 1,689 476,000 499,983 761 375,002 385,577 97 398,000 371,955
2013 1,923 509,000 535,020 785 389,500 397,065 64 397,750 383,956
2014 193 536,000 557,047 81 400,000 408,011 3 405,000 ^ 351,666 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 159

 Knox City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
CarPark – OpenAir 1 183509 183509 28.23 6500.00 ND ND 6500.00 28.23
Dev Site 7 977621 671000 491.87 2372.50 104.35< ND 2265.83 471.01
Fuel Outlet/Garage 2 3175500 3175500 1100.17 3065.50 814.23< 181.46< 3065.50 1035.88
LowRise Office Build 2 3155000 3155000 644.06 4808.00 ND ND 4808.00 656.20
Mixed Use Unsp 4 558312 646500 725.93 675.00 46.18< 199.23< 730.67 998.86
Office Prem Unsp 6 1229394 837500 1123.09 1917.00 ND 333.93< 1917.00 1210.22
Restaurant 1 710000 710000 NA NA 139.90< 39.44< NA NA
Retail Sgle Occ Unsp 7 977621 671000 491.87 2372.50 104.35< ND 2265.83 471.01
Retail Store/Showrm 7 719000 575000 2469.80 310.50 ND 81.56< 452.33 1642.59
Shop 8 580600 525000 2217.20 402.50 134.62< 76.92< 498.50 1466.90
Shop & Dwelling 1 425000 425000 593.58 716.00 65.38< 99.07< 716.00 593.58
Strata/Subdiv Office 1 3375000 3375000 NA NA 1443.85< 1406.25< NA NA
Vehicle Sales Centre 1 3800000 3800000 5121.29 742.00 ND 638.66< 742.00 5121.29
Community Services ($/SM) (SM) (SM) ($/SM)
Early Childhood Cent 1 10600000 10600000 565.64 18740.00 1184.36< ND 18740.00 565.64
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 36 531281 392500 1392.91 347.00 103.43< 111.03< 796.85 726.51
Factory Unsp 56 731273 400000 667.38 929.00 44.44< 95.24< 3700.38 293.34
Ind Dev Site 5 1786069 2557000 186.70 7398.00 83.02< ND 32317.25 66.28
OpenStorageUnsp 1 2090000 2090000 89.32 23400.00 ND ND 23400.00 89.32
Warehouse 10 563915 408500 585.93 774.50 18.14< 80.73< 803.83 936.17
Warehouse Unspec 6 1647416 1042250 1504.93 960.00 ND 137.32< 1426.25 788.69
Warehouse/Showroom 5 835350 770000 712.88 1300.00 16.83< 75.49< 1107.00 899.95
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
ElectricDistribLines 1 4510000 4510000 140937.50 32.00 ND ND 32.00 140937.50
Primary Production ($/SM) (SM) (SM) ($/SM)
Plant/Tree Nursery 1 321666 321666 105.22 3057.00 ND ND 3057.00 105.22
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 28 430273 418000 1197.16 349.00 ND 106.36< 354.43 1283.66
Detached Home (new) 19 562565 550000 1531.53 444.00 121.68< 119.57< 491.33 1146.40
Detached Home Unsp 938 535544 508000 613.08 734.00 99.61< 105.83< 815.56 658.28
Detached Home(exist) 963 534077 505888 763.98 733.00 121.56< 106.50< 814.55 659.16
Half Pair or Duplex 3 499500 495000 668.16 852.00 146.67< 129.84< 852.00 588.91
Res Investment Flat 17 413240 412000 2652.37 126.00 85.83< 109.28< 126.00 2638.89
Res/Rural Lstyle 12 1022093 1090000 211.78 5005.00 117.67< 114.57< 5451.75 187.48
ResLandWithImprovemt 6 426825 434000 551.90 729.50 ND 105.85< 611.50 672.71
Retire Village Unit 25 319799 350000 NA NA 142.86< 101.45< NA NA
Single Strata Unit 2 356500 356500 NA NA 97.59< 77.92< NA NA
Single Strata Unsp 164 414526 402000 NA NA 302.82< 110.36< NA NA
Strata Unit/Flat Uns 363 389004 380000 NA NA 110.14< 101.33< NA NA
Sub Div (Multi Lot) 1 2620500 2620500 404.52 6478.00 ND ND 6478.00 404.52
Townhouse 186 401748 385000 NA NA 110.00< 101.32< NA NA
Vac Res A 64 383956 397750 648.66 714.50 174.84< 111.73< 758.29 481.51
Vac Res/Rural Lstyle 8 765937 110000 27.38 4018.00 8.46< 12.43< 5306.13 144.35

Municipality totals
Community Services Total 1 Community Services Total Prices $10,600,000
Industrial Total 119 Industrial Total Prices $90,798,223
Residential Total 2,799 Residential Total Prices $1,388,689,134
Commercial Total 48 Commercial Total Prices $54,128,628
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $4,510,000
Primary Production Total 1 Primary Production Total Prices $321,666
All Sales Total 2,969 All Sales Total $1,549,047,651

A Guide to Property Values 2013 Page 160

 Latrobe City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,191 51,000 57,136 163 48,500 55,774 629 17,500 19,948
1986 968 52,000 57,228 146 49,000 60,943 415 18,500 22,456
1987 1,039 55,000 59,950 120 50,000 59,050 342 19,200 21,907
1988 1,269 58,000 64,345 215 50,500 64,096 370 20,900 25,855
1989 1,148 57,750 67,671 218 51,500 68,846 359 21,000 28,012
1990 1,155 62,500 69,446 186 55,625 90,045 250 20,500 24,596
1991 1,054 64,000 70,417 142 56,000 66,624 226 22,125 25,357
1992 1,250 64,000 72,259 154 63,000 78,142 345 22,000 28,130
1993 1,270 67,000 73,927 154 62,000 71,463 313 27,000 32,888
1994 1,327 67,500 76,538 172 63,000 70,707 283 28,500 30,131
1995 1,119 67,000 77,178 107 66,500 68,891 206 28,000 34,562
1996 986 65,500 74,047 116 63,000 78,996 177 29,000 33,197
1997 1,147 65,000 76,039 145 55,000 64,631 257 30,000 38,527
1998 1,102 66,000 77,363 161 67,500 70,313 227 32,000 34,554
1999 1,079 68,000 78,156 158 47,250 58,071 313 32,000 34,483
2000 1,573 66,500 78,678 187 65,000 68,112 276 34,000 34,647
2001 1,752 70,000 86,338 273 60,000 72,328 373 36,500 41,178
2002 1,950 82,000 101,295 321 75,000 88,886 642 41,000 40,596
2003 1,821 115,000 129,916 233 93,000 108,989 735 53,000 53,274
2004 1,496 133,000 149,538 222 115,500 127,993 587 65,000 62,992
2005 1,545 147,500 162,868 220 135,500 164,615 504 75,000 77,190
2006 1,504 156,000 174,488 208 142,000 168,248 521 82,000 83,381
2007 1,784 163,000 184,443 247 145,000 164,963 561 89,000 94,313
2008 1,378 167,250 187,987 202 143,500 160,332 362 96,000 97,712
2009 1,629 178,100 199,542 248 158,750 181,890 538 102,975 101,307
2010 1,305 195,000 221,361 218 154,000 186,574 401 110,000 111,240
2011 1,132 209,000 229,430 195 165,000 186,308 246 126,500 128,657
2012 1,120 207,500 224,580 172 176,500 196,522 200 135,000 135,075
2013 1,139 212,000 230,912 177 170,000 196,878 247 129,500 129,711
2014 170 215,501 226,240 20 175,000 178,895 37 136,500 132,568

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 161

 Latrobe City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 3 374800 490000 176.03 267.00 122.50< 148.48< 1493.67 250.93
Hotel/Motel Unsp 1 7000000 7000000 350.00 20000.00 ND ND 20000.00 350.00
Licensed Ret Prem 1 292000 292000 1269.57 230.00 ND ND 230.00 1269.57
Mixed Use Unsp 3 706933 621500 1306.65 799.00 150.67< 110.11< 799.00 1249.37
National Co Rest 1 130000 130000 43.68 2976.00 ND ND 2976.00 43.68
Office Prem Unsp 7 317928 253000 627.79 403.00 ND 153.33< 479.60 708.09
Retail Mult Occ Unsp 1 255000 255000 1214.29 210.00 ND ND 210.00 1214.29
Retail Sgle Occ Unsp 3 374800 490000 176.03 267.00 122.50< 148.48< 1493.67 250.93
Retail Store/Showrm 1 13420000 13420000 663.21 20235.00 8035.93< 9293.18< 20235.00 663.21
Shop 2 216500 216500 947.28 198.50 180.42< 69.17< 198.50 1090.68
Shop & Dwelling 1 150000 150000 NA NA 73.17< ND NA NA
Vehicle Sales Centre 1 118800 118800 115.68 1027.00 ND ND 1027.00 115.68
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 187500 187500 159.30 1177.00 51.02< 44.64< 1177.00 159.30
Factory Unsp 21 623500 308000 182.68 1686.00 154.00< 107.69< 3993.86 156.11
Ind Dev Site 4 520125 357750 59.14 4404.50 262.09< 477.00< 6061.75 85.80
Office/Factory 1 209000 209000 NA NA ND ND NA NA
Warehouse Unspec 5 403920 330000 307.69 1144.00 70.97< 80.49< 1726.80 233.91
Warehouse/Showroom 2 270000 270000 307.13 918.50 58.70< 98.03< 918.50 293.96
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 3 4340 6221 48.46 130.00 ND 99.97< 130.00 48.46
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Sheep 1 290000 290000 0.78 371900.00 ND ND 371900.00 0.78
MixedFarm no impr 6 334600 225300 0.85 405000.00 68.02< 107.29< 541492.00 0.62
MixedFarm&GrazUnsp 19 435944 400000 1.54 318300.00 136.99< 137.93< 430565.16 1.01
Non-Native Animals 1 583500 583500 0.77 759000.00 ND ND 759000.00 0.77
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 92000 92000 NA NA ND 50.97< NA NA
Detached Home (new) 9 277750 280000 384.88 758.50 96.05< 90.02< 761.00 349.83
Detached Home Unsp 552 239991 220000 336.55 725.00 128.47< 122.22< 806.96 298.47
Detached Home(exist) 578 221513 200000 225.99 708.00 112.83< 93.46< 780.66 284.01
Individual Flat 1 245000 245000 NA NA ND 400.00< NA NA
MisImpRuralLand Unsp 3 183500 210000 10.50 20000.00 ND ND 15808.67 11.61
Res Investment Flat 8 358937 288500 432.43 740.00 111.82< 268.37< 740.00 432.43
Res/Rural Lstyle 112 384487 367500 34.95 20000.00 115.20< 98.26< 30439.76 12.63
ResLandWithImprovemt 1 145000 145000 179.46 808.00 142.16< 87.61< 808.00 179.46
Retire Village Unit 2 174500 174500 NA NA 105.76< 178.97< NA NA
Single Strata Unsp 65 191861 170000 NA NA ND 117.65< NA NA
Strata Unit/Flat Uns 71 182090 154000 NA NA 96.25< 84.38< NA NA
Townhouse 29 203120 180000 NA NA 116.13< 95.24< NA NA
Vac Res A 237 131003 130000 222.37 760.00 126.83< 103.17< 790.98 163.00
Vac Res B 10 99100 85000 38.06 2309.50 103.03< 65.64< 2572.00 38.53
Vac Res in globo Oth 2 660000 660000 5.37 106270.00 ND 52.52< 106270.00 6.21
Vac Res/Rural Lstyle 26 205561 155000 1.59 35598.00 96.12< 104.98< 54572.69 3.77

Municipality totals
Commercial Total 25 Commercial Total Prices $28,393,900
Industrial Total 34 Industrial Total Prices $18,130,100
Infrastruc&Utilities Total 3 Infrastruc&Utilities Total Prices $13,021
Primary Production Total 27 Primary Production Total Prices $11,164,050
Residential Total 1,707 Residential Total Prices $380,318,419
All Sales Total 1,796 All Sales Total $438,019,490

A Guide to Property Values 2013 Page 162

 Loddon Shire
Residential price statistics 1985 to 2014

180,000

160,000

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 90 26,000 32,602 1 52,000^ 52,000^ 60 4,000 6,631

1986 78 32,500 35,180 2 52,750^ 52,750^ 62 5,950 10,600
1987 90 35,050 41,251 1 66,000^ 66,000^ 62 7,750 11,458
1988 94 45,500 49,849 2 56,750^ 56,750^ 45 8,000 11,404
1989 84 40,000 44,364 0 56,750* 56,750* 47 14,000 21,723
1990 74 44,237 47,506 0 56,750* 56,750* 53 8,000 13,701
1991 62 49,500 56,070 0 56,750* 56,750* 33 10,000 23,850
1992 78 50,000 53,057 0 56,750* 56,750* 45 13,845 20,362
1993 66 58,000 62,737 2 16,500^ 16,500^ 55 11,000 16,384
1994 121 46,500 52,798 3 60,000^ 61,083^ 71 15,000 19,272
1995 95 54,500 73,384 1 11,000^ 11,000^ 67 16,000 41,682
1996 94 53,250 66,009 1 47,000^ 47,000^ 64 25,000 54,112
1997 75 47,000 67,967 1 50,000^ 50,000^ 61 33,000 49,546
1998 77 49,500 73,160 0 50,000* 50,000* 52 25,400 46,924
1999 116 58,750 77,114 1 70,000^ 70,000^ 48 15,000 22,780
2000 112 50,000 62,639 3 70,000^ 66,666^ 34 19,750 24,983
2001 130 60,000 70,368 1 65,000^ 65,000^ 72 24,000 27,111
2002 136 60,000 71,715 4 81,500^ 85,750^ 94 22,500 29,342
2003 121 73,000 82,720 4 96,250^ 92,625^ 58 24,500 31,565
2004 99 80,250 91,843 1 87,500^ 87,500^ 72 19,500 24,964
2005 102 104,461 109,691 2 59,000^ 59,000^ 66 22,750 61,701
2006 88 120,000 150,775 3 110,000^ 103,333^ 51 21,000 41,100
2007 103 122,600 139,085 1 125,000^ 125,000^ 32 39,975 51,506
2008 94 105,000 116,905 3 85,000^ 81,333^ 44 35,500 46,118
2009 58 117,500 130,899 3 130,000^ 133,333^ 28 24,000 36,280
2010 62 145,000 162,540 3 120,000^ 121,333^ 35 45,000 53,171
2011 94 130,000 136,219 2 103,000^ 103,000^ 18 35,000 40,094
2012 67 122,500 144,340 0 103,000* 103,000* 30 25,825 34,364
2013 73 149,000 155,559 1 116,000^ 116,000^ 29 35,000 71,353
2014 19 140,000 147,500 0 116,000* 116,000* 2 51,750 ^ 51,750 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 163

 Loddon Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Licensed Ret Prem 1 280000 280000 91.53 3059.00 ND ND 3059.00 91.53
Office Prem Unsp 1 80300 80300 110.76 725.00 ND ND 725.00 110.76
Pub/Tavern/Club Unsp 1 225000 225000 5.52 40740.00 ND ND 40740.00 5.52
Tourist Park/Caravan 1 260000 260000 6.67 39000.00 ND ND 39000.00 6.67
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 2 1265000 1265000 175.05 25925.00 280.49< ND 25925.00 48.79
Ind Dev Site 1 220000 220000 0.70 314900.00 ND ND 314900.00 0.70
Warehouse Unspec 1 190000 190000 90.09 2109.00 ND ND 2109.00 90.09
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 605440 605440 0.31 1952200.00 ND ND 1952200.00 0.31
GenCrop >20ha Unsp 11 246652 200000 0.36 1392780.00 87.24< 94.34< 1998521.36 0.12
Livestock – Dairy 1 310000 310000 0.61 505757.00 88.06< 206.67< 505757.00 0.61
Livestock – Sheep 4 263146 248793 0.13 1579950.00 188.27< 248.79< 2266175.00 0.12
MixedFarm no impr 12 199847 150000 0.13 1297000.00 80.40< 214.29< 1257106.17 0.16
MixedFarm&GrazUnsp 52 287082 196000 0.27 1185050.00 84.48< 123.55< 1386849.87 0.21
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 210000 210000 174.13 1206.00 ND ND 1206.00 174.13
Detached Home Unsp 27 140842 121000 158.60 1012.00 94.53< 92.54< 1216.29 115.44
Detached Home(exist) 45 163180 149000 110.40 1404.00 129.57< 114.62< 1543.63 102.14
Res/Rural Lstyle 31 164199 150000 4.50 40000.00 77.18< 81.08< 58749.03 2.79
ResLandWithImprovemt 1 79000 79000 4.88 16190.00 239.39< 263.33< 16190.00 4.88
Single Strata Unsp 1 116000 116000 NA NA ND ND NA NA
Vac Res A 21 69321 35000 241.04 1060.00 140.00< 100.00< 1193.88 61.18
Vac Res B 8 76687 49750 6.36 2180.00 221.11< 148.51< 2226.25 34.45
Vac Res/Rural Lstyle 35 108255 45000 0.53 80600.00 81.82< 100.00< 66515.74 1.63

Municipality totals
Commercial Total 4 Commercial Total Prices $845,300
Industrial Total 4 Industrial Total Prices $2,940,000
Primary Production Total 81 Primary Production Total Prices $22,007,655
Residential Total 170 Residential Total Prices $22,499,236
All Sales Total 259 All Sales Total $48,292,191

A Guide to Property Values 2013 Page 164

 Macedon Ranges Shire
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 430 64,000 68,833 19 43,000 44,536 624 15,000 17,206

1986 410 70,000 82,497 24 56,500 55,375 437 21,000 26,440
1987 513 79,000 87,642 34 60,250 60,729 398 26,000 29,372
1988 603 91,500 108,217 34 66,750 68,994 568 28,000 33,174
1989 466 110,000 134,539 37 89,000 90,475 546 34,000 38,611
1990 420 115,000 131,377 28 98,500 98,135 419 37,000 41,967
1991 356 109,500 118,733 31 90,000 91,893 195 38,000 40,093
1992 354 100,000 119,086 19 90,000 132,973 194 42,000 45,950
1993 387 110,000 127,801 27 83,500 84,144 205 40,000 46,761
1994 426 110,000 124,707 16 81,750 111,046 270 39,725 47,062
1995 398 110,000 147,544 24 68,250 92,337 262 49,000 54,119
1996 494 110,000 128,037 28 88,500 97,678 194 49,650 52,906
1997 574 115,500 136,092 23 80,000 82,978 252 53,000 64,687
1998 612 123,750 143,437 32 82,000 126,734 254 48,725 56,638
1999 731 129,000 157,872 34 93,750 99,867 237 45,500 51,642
2000 735 145,000 166,293 41 112,000 135,896 196 49,750 54,962
2001 746 170,000 188,166 51 127,000 139,657 351 53,500 59,801
2002 816 200,000 228,184 49 138,000 153,245 462 67,000 64,895
2003 722 230,000 248,841 54 191,500 197,180 442 81,000 90,218
2004 601 247,000 264,580 50 207,500 218,757 239 93,000 104,227
2005 628 265,000 296,271 76 234,400 237,457 188 105,500 115,325
2006 628 280,000 307,786 57 210,000 218,143 207 116,250 126,383
2007 755 300,000 335,585 87 257,000 249,332 314 127,500 139,602
2008 631 305,000 332,760 58 227,000 232,908 292 135,000 144,689
2009 736 320,000 350,135 123 262,000 260,541 353 142,500 139,193
2010 616 381,000 418,218 82 298,500 298,061 349 175,000 164,659
2011 548 415,000 455,664 82 305,000 311,517 245 208,000 197,119
2012 455 405,000 440,934 85 309,000 314,740 221 216,000 205,822
2013 534 428,500 465,818 81 335,000 331,316 178 210,000 212,889
2014 55 445,000 471,757 15 305,001 344,333 8 203,500 ^ 192,375 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 165

 Macedon Ranges Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 465000 465000 467.81 994.00 290.63< 109.41< 994.00 467.81
Health Clinic Unsp 1 2950000 2950000 763.46 3864.00 ND ND 3864.00 763.46
LowRise Office Build 1 10800000 10800000 NA NA ND ND NA NA
Mixed Use Unsp 3 883333 700000 84.04 8329.00 23.57< 127.27< 7407.67 119.25
Office Prem Unsp 1 382000 382000 767.07 498.00 ND ND 498.00 767.07
Pub/Tavern/Club Unsp 1 1400000 1400000 14.41 97130.00 ND 196.08< 97130.00 14.41
Restaurant 1 305000 305000 3177.08 96.00 ND ND 96.00 3177.08
Retail Mult Occ Unsp 3 481333 375000 2360.00 160.00 ND ND 160.00 2168.75
Retail Sgle Occ Unsp 1 465000 465000 467.81 994.00 290.63< 109.41< 994.00 467.81
Retail Store/Showrm 1 830500 830500 1150.28 722.00 185.79< 257.92< 722.00 1150.28
Shop 4 344750 315000 1070.94 423.50 107.33< 103.28< 501.50 687.44
Shop & Dwelling 1 430000 430000 289.76 1484.00 123.32< ND 1484.00 289.76
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 750000 750000 374.44 2003.00 ND ND 2003.00 374.44
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 5 398000 405000 132.28 2852.00 73.64< 129.19< 3511.25 101.10
Ind Dev Site 1 126500 126500 130.01 973.00 55.00< 40.35< 973.00 130.01
Warehouse Unspec 2 607500 607500 208.05 3012.00 ND 200.83< 3012.00 201.69
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 4 911250 737500 1.24 595250.00 ND 278.30< 526325.00 1.73
MixedFarm + impr 1 980000 980000 2.97 330000.00 ND 79.15< 330000.00 2.97
MixedFarm no impr 2 620000 620000 2.12 332392.00 118.10< 172.22< 332392.00 1.87
MixedFarm&GrazUnsp 36 919777 645000 1.33 376200.00 83.23< 92.81< 538698.17 1.71
Plant/Tree Nursery 1 1870000 1870000 356.46 5246.00 ND ND 5246.00 356.46
Vineyard 2 1435000 1435000 6.49 226550.00 ND ND 226550.00 6.33
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 15932396 15932396 NA NA ND ND NA NA
Detached Home (new) 8 385375 417500 394.05 1142.00 109.87< 124.63< 1747.20 167.70
Detached Home Unsp 275 454931 425000 323.41 974.00 164.41< 105.04< 1141.87 404.81
Detached Home(exist) 251 480310 430000 326.63 995.00 134.38< 102.38< 1336.46 357.13
MisImpRuralLand Unsp 1 535000 535000 13.38 40000.00 ND 124.42< 40000.00 13.38
Res/Rural Lstyle 204 697439 630000 39.50 20000.00 129.90< 102.44< 41020.67 16.90
ResLandWithImprovemt 1 370000 370000 NA NA 186.87< 60.66< NA NA
Single Strata Unsp 22 316886 307500 NA NA 184.68< 102.50< NA NA
Strata Unit/Flat Uns 38 338354 345000 NA NA 135.29< 121.05< NA NA
Townhouse 21 333700 335000 NA NA 126.42< 107.48< NA NA
Vac Res A 162 210915 210000 264.31 822.00 147.37< 100.00< 930.41 221.86
Vac Res B 16 232875 237500 102.70 2410.50 197.92< 121.79< 2583.38 90.14
Vac Res in globo Oth 6 2799735 1450000 14.36 45958.00 ND 50.17< 51313.80 53.39
Vac Res/Rural Lstyle 40 363958 337500 18.74 16024.50 130.81< 170.89< 35503.40 10.25

Municipality totals
Community Services Total 1 Community Services Total Prices $750,000
Industrial Total 8 Industrial Total Prices $3,331,500
Commercial Total 19 Commercial Total Prices $23,500,500
Primary Production Total 46 Primary Production Total Prices $43,717,000
Residential Total 1,046 Residential Total Prices $503,950,013
All Sales Total 1,120 All Sales Total $575,249,013

A Guide to Property Values 2013 Page 166

 Manningham City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,028 113,000 123,616 246 82,100 80,382 939 47,500 55,242
1986 1,842 123,000 141,349 168 95,000 123,700 798 62,000 75,386
1987 2,101 135,000 156,295 291 102,600 113,099 658 80,000 97,184
1988 2,296 165,000 199,730 424 128,000 157,541 620 110,000 131,633
1989 1,470 200,000 248,035 251 146,900 173,811 224 149,250 177,208
1990 1,313 187,000 230,798 293 136,000 155,205 133 125,000 143,212
1991 1,343 184,000 220,191 392 130,000 146,581 238 113,250 121,081
1992 1,389 180,000 210,718 307 143,820 156,907 318 110,000 108,972
1993 1,477 180,000 212,561 320 143,750 151,669 281 120,000 119,125
1994 1,618 181,000 216,986 404 144,500 164,914 318 128,000 131,068
1995 1,411 179,000 212,327 323 145,500 154,707 338 125,000 126,856
1996 1,535 180,000 214,156 339 140,000 159,609 330 120,000 116,351
1997 1,851 191,500 228,374 488 152,875 167,485 487 132,500 134,016
1998 1,754 220,000 254,061 529 158,500 176,740 344 150,500 164,257
1999 1,831 257,500 296,899 621 200,000 215,271 241 180,000 179,330
2000 1,827 274,000 318,089 541 206,000 231,984 58 130,500 130,137
2001 1,979 331,500 375,539 635 257,500 269,114 86 167,500 179,077
2002 1,776 372,250 419,029 746 309,000 315,982 43 136,000 148,927
2003 1,511 430,000 492,476 570 345,000 350,734 28 191,500 188,887
2004 1,440 435,000 494,830 465 325,000 338,706 39 350,000 316,156
2005 1,417 445,350 513,887 494 361,000 367,113 8 111,000 ^ 120,458 ^
2006 1,532 486,625 570,367 545 360,000 379,343 19 311,000 319,839
2007 1,679 590,000 651,619 691 427,000 447,140 33 385,000 395,703
2008 1,243 620,000 710,139 536 440,000 458,766 18 550,275 539,815
2009 1,386 655,000 706,473 690 480,750 495,528 25 355,000 357,230
2010 1,210 750,000 802,184 542 530,000 554,338 67 449,000 488,355
2011 1,048 736,875 804,286 475 530,000 542,518 29 440,000 478,017
2012 1,014 705,500 755,613 592 524,750 536,789 27 385,000 432,874
2013 1,267 795,000 846,323 588 579,000 584,534 29 425,000 406,793
2014 92 850,000 873,858 54 522,500 549,847 2 475,500 ^ 475,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 167

 Manningham City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 3 1375666 577000 1694.88 1817.50 ND 12.07< 1817.50 984.04
Health Clinic Unsp 3 584629 605000 1033.11 812.00 ND 82.97< 812.00 1033.11
Mixed Use Unsp 2 1249600 1249600 1799.76 725.50 183.85< ND 725.50 1722.40
Office Cvrt Dwelling 1 1200000 1200000 1621.62 740.00 ND ND 740.00 1621.62
Office Prem Unsp 4 580062 540000 225.82 2037.00 ND 60.00< 2037.00 225.82
Retail Mult Occ Unsp 4 688000 576000 3769.92 210.50 ND 12.87< 515.75 1333.98
Retail Sgle Occ Unsp 3 1375666 577000 1694.88 1817.50 ND 12.07< 1817.50 984.04
Retail Store/Showrm 3 2086666 2000000 NA NA ND ND NA NA
Shop 1 505000 505000 NA NA 125.15< 84.17< NA NA
Shopping Centre Unsp 1 9350000 9350000 NA NA ND 141.67< NA NA
Strata/Subdiv Office 1 610000 610000 NA NA 110.91< 93.85< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Comm/Neighb Facility 1 2005000 2005000 1176.64 1704.00 ND ND 1704.00 1176.64
Industrial ($/SM) (SM) (SM) ($/SM)
Warehouse Unspec 1 770000 770000 2759.86 279.00 ND ND 279.00 2759.86
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 14075 14075 NA NA ND 228.86< NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 1 1750000 1750000 5.27 332300.00 ND ND 332300.00 5.27
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 470000 470000 NA NA 67.19< 114.29< NA NA
Detached Home (new) 11 924444 910000 1384.79 678.00 172.51< 113.75< 766.44 1207.00
Detached Home Unsp 665 850823 790000 901.92 729.00 106.90< 110.03< 902.22 944.97
Detached Home(exist) 587 840211 795000 1068.49 730.00 120.45< 106.00< 880.03 956.22
Half Pair or Duplex 2 617550 617550 NA NA 95.74< 86.73< NA NA
House & Flat/Studio 1 976000 976000 2452.26 398.00 ND ND 398.00 2452.26
Individual Car Park 1 6500 6500 NA NA 3.15< ND NA NA
Res Dev Site 2 2237500 2237500 1891.02 1181.50 ND ND 1181.50 1893.78
Res Investment Flat 15 615633 660000 2784.09 264.00 126.92< 120.55< 239.40 3099.42
Res/Rural Lstyle 149 1431454 1295000 444.59 4172.00 114.60< 106.15< 8031.16 177.97
ResLandWithImprovemt 4 461250 560000 1073.62 652.00 116.42< 94.63< 612.00 746.19
Retire Village Compl 1 1998000 1998000 NA NA ND 1946.15< NA NA
Retire Village Unit 20 415550 445000 NA NA 95.49< 92.71< NA NA
Single Strata Unsp 207 578781 562000 NA NA 122.17< 102.74< NA NA
Strata Unit/Flat Uns 226 597780 588500 NA NA 124.95< 113.17< NA NA
Terrace House 1 910000 910000 2321.43 392.00 146.77< 131.88< 392.00 2321.43
Townhouse 119 594827 600000 2065.22 230.00 119.28< 112.15< 230.00 2065.22
Vac Res A 28 410607 425000 1026.77 523.00 119.72< 104.29< 619.52 693.41
Vac Res B 1 300000 300000 145.63 2060.00 ND 55.05< 2060.00 145.63
Vac Res/Rural Lstyle 15 794483 620000 54.31 8009.00 143.85< 74.74< 17446.07 45.54

Municipality totals
Community Services Total 1 Community Services Total Prices $2,005,000
Industrial Total 1 Industrial Total Prices $770,000
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $28,150
Primary Production Total 1 Primary Production Total Prices $1,750,000
Residential Total 2,056 Residential Total Prices $1,661,323,066
Commercial Total 26 Commercial Total Prices $35,504,338
All Sales Total 2,087 All Sales Total $1,701,380,554

A Guide to Property Values 2013 Page 168

 Mansfield Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 115 48,000 55,486 4 67,500^ 69,000^ 102 12,700 15,770

1986 101 56,000 63,328 10 64,000 91,550 105 16,000 19,887
1987 126 55,000 65,641 7 58,500^ 85,285^ 132 20,250 23,006
1988 146 69,000 78,373 20 70,500 79,075 149 25,300 29,203
1989 115 86,000 91,728 14 81,750 111,285 144 26,500 32,115
1990 81 80,500 93,504 13 75,000 77,307 88 27,500 34,103
1991 86 82,000 96,136 19 62,000 85,957 45 27,000 33,061
1992 116 77,000 88,197 14 48,225 51,939 86 25,000 31,311
1993 114 92,300 107,724 21 65,000 80,259 122 30,000 39,058
1994 114 90,000 108,380 21 79,000 83,309 111 30,000 37,847
1995 133 90,000 108,236 15 74,000 89,276 83 36,000 44,487
1996 142 94,500 102,728 10 79,250 81,580 73 36,500 53,321
1997 163 95,000 107,912 18 87,750 94,472 74 41,500 54,652
1998 139 100,000 119,884 16 78,500 84,562 65 35,500 48,364
1999 134 94,750 111,751 13 60,000 65,961 48 31,500 44,869
2000 154 105,000 115,447 17 80,000 77,338 57 32,000 42,129
2001 204 115,000 119,123 18 81,250 90,555 83 35,000 43,115
2002 217 126,000 135,131 20 98,500 114,575 151 37,000 42,355
2003 220 153,750 157,499 29 150,000 150,362 250 39,250 45,930
2004 186 173,500 184,128 29 179,950 176,218 133 55,000 54,509
2005 176 195,000 224,910 20 222,500 194,775 104 70,000 71,961
2006 130 210,000 234,305 27 247,500 224,151 71 85,000 84,756
2007 168 230,000 239,534 22 243,000 227,320 74 88,500 100,341
2008 107 218,000 239,501 37 230,000 218,324 50 94,250 88,039
2009 139 225,000 237,697 35 249,000 224,828 55 103,500 103,662
2010 167 231,000 248,096 28 253,150 260,082 71 115,000 114,287
2011 135 263,250 268,465 36 222,500 221,458 96 89,000 103,300
2012 151 276,000 273,798 24 292,875 273,052 48 92,500 113,281
2013 124 291,500 311,677 21 235,000 284,541 35 135,000 118,955
2014 23 308,000 320,867 5 270,000^ 309,500^ 6 129,500 ^ 111,666 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 169

 Mansfield Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 5 395760 244800 157.69 1300.00 ND 222.55< 1915.20 206.64
Health Clinic Unsp 1 363000 363000 539.38 673.00 ND ND 673.00 539.38
Mixed Use Unsp 3 303206 348000 244.48 1189.50 174.00< 33.30< 1189.50 229.51
Office Prem Unsp 1 430000 430000 1447.81 297.00 ND 409.52< 297.00 1447.81
Retail Sgle Occ Unsp 5 395760 244800 157.69 1300.00 ND 222.55< 1915.20 206.64
Retail Store/Showrm 2 164000 164000 NA NA ND ND NA NA
Tourist Park/Caravan 1 2000000 2000000 17.38 115100.00 ND ND 115100.00 17.38
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 400000 400000 53.23 7515.00 ND ND 7515.00 53.23
Ind Dev Site 1 211750 211750 114.03 1857.00 ND ND 1857.00 114.03
Warehouse Unspec 1 1250000 1250000 54.23 23050.00 ND ND 23050.00 54.23
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 2 505000 505000 1.05 473800.00 153.03< ND 473800.00 1.07
MixedFarm no impr 3 623666 526000 0.52 1007071.00 140.27< 183.76< 946557.00 0.66
MixedFarm&GrazUnsp 35 564111 520000 0.44 421550.00 100.29< 114.29< 757236.74 0.74
Native Hardwood 1 585000 585000 14.35 40780.00 ND ND 40780.00 14.35
Softwood Plantation 4 146250 162500 0.13 1518600.00 ND 67.71< 1251100.00 0.12
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 158000 158000 175.56 900.00 81.55< 68.25< 900.00 175.56
Detached Home Unsp 62 292314 277500 450.00 1000.00 150.00< 120.13< 6656.11 44.36
Detached Home(exist) 61 333877 310000 372.22 900.00 137.17< 116.98< 1128.77 283.98
MisImpRuralLand Unsp 3 241666 230000 3.39 81200.00 ND ND 91700.00 2.64
Res Investment Flat 6 376813 209000 186.89 1525.00 ND 125.90< 1525.00 186.89
Res/Rural Lstyle 84 436265 402500 11.75 38490.00 129.63< 100.63< 43399.74 10.05
ResLandWithImprovemt 2 132502 132502 53.95 2327.00 68.30< 174.34< 2327.00 56.94
Retire Village Unit 1 162000 162000 NA NA ND 80.40< NA NA
Single Strata Unsp 4 221000 246000 NA NA ND 98.20< NA NA
Strata Unit/Flat Uns 8 259437 257500 NA NA 127.16< 133.77< NA NA
Townhouse 2 296500 296500 NA NA 114.04< 111.26< NA NA
Vac Res A 30 114881 125000 64.88 908.50 127.55< 141.24< 1000.42 103.96
Vac Res B 5 143400 169000 69.72 2553.00 120.71< 120.71< 2648.60 54.14
Vac Res/Rural Lstyle 38 219820 225000 4.64 45635.00 169.81< 140.63< 51847.76 4.24

Municipality totals
Commercial Total 18 Commercial Total Prices $7,988,220
Industrial Total 3 Industrial Total Prices $1,861,750
Primary Production Total 45 Primary Production Total Prices $23,794,892
Residential Total 307 Residential Total Prices $94,776,293
All Sales Total 373 All Sales Total $128,421,155

A Guide to Property Values 2013 Page 170

 Maribyrnong City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,205 53,000 56,158 442 36,900 54,428 51 23,000 28,580

1986 1,005 59,000 62,838 314 42,850 53,244 47 34,000 38,897
1987 1,016 63,000 68,430 329 44,000 57,658 26 43,600 66,934
1988 1,284 76,500 83,592 574 52,000 77,748 24 42,750 74,800
1989 866 98,400 106,691 416 70,500 82,012 16 70,000 97,225
1990 694 100,000 111,051 372 73,000 89,780 16 53,500 56,406
1991 773 94,500 100,585 287 70,500 87,181 18 44,250 80,672
1992 813 90,000 95,336 221 65,000 80,606 24 49,075 53,800
1993 925 90,000 97,905 292 65,000 93,844 58 16,222 30,769
1994 981 95,000 102,210 359 77,000 131,426 75 55,000 57,891
1995 977 100,000 107,674 232 69,500 87,590 85 53,000 53,630
1996 1,101 105,000 110,298 340 62,000 75,948 76 57,875 54,293
1997 1,461 125,000 135,356 492 69,500 91,781 247 70,250 75,547
1998 1,306 143,500 153,042 547 76,000 106,266 277 74,000 89,030
1999 1,363 170,500 189,030 634 110,000 143,547 403 93,000 101,779
2000 1,359 190,000 203,784 584 135,000 168,282 134 89,000 102,718
2001 1,708 239,750 250,570 825 175,000 201,462 130 116,000 133,554
2002 1,545 282,000 297,669 717 217,500 253,198 183 158,000 148,521
2003 1,296 315,000 327,510 614 227,500 242,709 173 169,000 189,812
2004 1,124 319,000 332,540 579 262,500 272,708 91 195,000 213,536
2005 1,208 327,500 350,401 638 229,000 257,118 223 190,000 201,538
2006 1,248 351,000 375,272 665 234,000 260,676 110 180,750 199,460
2007 1,622 430,000 450,645 1,097 310,000 319,523 93 275,000 265,057
2008 1,102 459,225 484,537 792 320,000 339,859 57 237,000 249,940
2009 1,218 500,000 526,638 1,313 375,000 390,365 163 160,000 208,284
2010 1,104 595,000 614,732 1,076 401,500 428,973 58 333,000 308,777
2011 1,008 568,000 600,501 766 395,000 413,974 38 368,500 359,992
2012 934 565,000 593,561 770 406,000 417,732 43 315,000 345,727
2013 1,044 600,000 631,568 738 385,125 397,991 57 269,628 269,826
2014 80 622,500 618,576 79 400,000 398,816 3 300,250 ^ 313,292 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 171

 Maribyrnong City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Crematorium/Funeral 1 1606000 1606000 3059.05 525.00 ND ND 525.00 3059.05
Dev Site 1 915000 915000 1301.56 703.00 239.22< 205.62< 703.00 1301.56
Fuel Outlet/Garage 1 485100 485100 265.95 1824.00 42.18< 39.52< 1824.00 265.95
Health Clinic Unsp 4 692375 672500 2032.89 369.00 ND 82.01< 342.75 2020.06
LowRise Office Build 1 2400000 2400000 380.77 6303.00 ND ND 6303.00 380.77
Member Club Facility 1 3399000 3399000 168.68 20150.00 ND 116.60< 20150.00 168.68
Mixed Use Unsp 6 914916 564750 70.83 10588.00 64.58< 44.29< 9901.00 115.80
Office Prem Unsp 3 933766 421300 NA NA ND 110.87< NA NA
Reception/Function 1 2650000 2650000 883.33 3000.00 ND 285.41< 3000.00 883.33
Restaurant 1 1900000 1900000 NA NA 158.33< 85.88< NA NA
Retail Mult Occ Unsp 6 676666 697500 1823.53 276.00 ND 174.68< 256.83 2634.65
Retail Sgle Occ Unsp 1 915000 915000 1301.56 703.00 239.22< 205.62< 703.00 1301.56
Retail Store/Showrm 4 743750 635000 2795.78 320.00 56.44< 45.20< 432.50 1719.65
Shop 3 2612666 1001000 6867.12 442.50 105.37< 253.74< 442.50 7725.42
Shop & Dwelling 1 1400000 1400000 6086.96 230.00 303.03< 199.86< 230.00 6086.96
Shopping Centre Unsp 1 11500000 11500000 NA NA 10.62< ND NA NA
Strata/Subdiv Office 1 1430000 1430000 3149.78 454.00 285.71< 634.30< 454.00 3149.78
Vehicle Sales Centre 1 562000 562000 NA NA 117.08< 31.07< NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 841500 841500 612.91 1515.00 231.82< 110.00< 1515.00 555.45
Factory Unsp 17 1581980 588500 543.72 3054.50 ND 121.34< 23357.60 107.56
Ind Dev Site 3 1739666 1045000 153.50 15460.00 ND 38.14< 15460.00 156.69
Ind Land Build ($0) 2 970000 970000 464.69 5035.00 47.78< 38.15< 5035.00 192.65
Warehouse 2 2476500 2476500 2422.90 12584.50 662.17< 429.95< 12584.50 196.79
Warehouse Unspec 5 2226120 649000 471.06 2229.00 ND 158.29< 6968.33 482.66
Warehouse/Showroom 1 2100000 2100000 NA NA 248.89< ND NA NA
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 46750 46750 1335.71 35.00 4675.00< 286.69< 35.00 1335.71
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 26 607622 602750 2441.53 248.00 118.53< 92.73< 316.47 2027.63
Detached Home Unsp 584 618992 595000 1225.13 378.00 113.16< 107.69< 400.90 1564.11
Detached Home(exist) 425 645245 613000 1802.63 380.00 122.60< 107.54< 404.18 1603.90
Individual Car Park 1 407000 407000 NA NA ND 7789.47< NA NA
Res Dev Site 2 1543000 1543000 730.54 3161.50 ND 188.65< 3161.50 488.06
Res Investment Flat 13 542192 477500 1917.88 648.50 26.68< 125.82< 1150.50 425.47
Res/Rural Lstyle 12 424916 395000 92.48 4098.00 91.28< 73.07< 4278.57 94.46
ResLandWithImprovemt 1 215500 215500 80.08 2691.00 55.79< 19.41< 2691.00 80.08
Retire Village Unit 1 300000 300000 NA NA 68.97< 62.16< NA NA
Semi-detached Unsp 1 2755080 2755080 NA NA 613.60< 399.29< NA NA
Single Strata Unit 1 280000 280000 NA NA 69.14< 72.73< NA NA
Single Strata Unsp 231 352765 350000 NA NA 88.27< 98.31< NA NA
Strata Dwelling 2 375000 375000 NA NA 88.24< 75.00< NA NA
Strata Unit/Flat Uns 387 410274 397000 NA NA 108.77< 100.35< NA NA
Terrace House 8 635471 609500 3542.64 225.00 136.97< 100.74< 272.83 2540.62
Townhouse 102 439157 426500 NA NA 107.43< 95.31< NA NA
Vac Res A 56 271659 271934 833.76 391.00 165.17< 73.05< 344.38 843.84
Vac Res B 1 167200 167200 49.85 3354.00 104.50< 47.11< 3354.00 49.85
Vac Res/Rural Lstyle 3 367500 392000 79.91 4414.00 89.60< 98.12< 4414.00 80.48
Villa Unit 1 280000 280000 NA NA ND ND NA NA

Municipality totals
Commercial Total 38 Commercial Total Prices $55,095,400
Industrial Total 32 Industrial Total Prices $53,919,273
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $46,750
Residential Total 1,858 Residential Total Prices $978,365,850
All Sales Total 1,929 All Sales Total $1,087,427,273

A Guide to Property Values 2013 Page 172

 Maroondah City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,733 74,000 82,442 475 65,000 69,788 663 32,500 37,734
1986 1,659 80,000 90,547 384 70,000 83,345 502 34,900 44,710
1987 1,759 86,000 98,972 508 75,000 97,728 676 36,050 45,710
1988 2,164 110,000 122,449 693 86,000 111,552 1,003 50,500 60,660
1989 1,437 132,000 149,429 546 116,000 147,818 344 71,700 83,510
1990 1,297 126,000 144,329 607 110,000 128,824 378 60,000 69,297
1991 1,364 120,000 134,269 499 101,000 108,612 509 54,500 58,542
1992 1,433 122,000 133,775 511 99,000 114,650 411 58,000 61,433
1993 1,416 120,000 131,060 537 98,500 110,416 394 65,000 64,079
1994 1,496 121,250 133,484 647 100,000 107,824 463 64,000 74,218
1995 1,337 119,000 129,740 466 95,000 107,998 342 62,000 68,124
1996 1,437 119,950 132,087 638 94,575 103,381 348 63,000 66,054
1997 1,834 127,500 140,966 790 100,000 110,796 457 70,000 77,810
1998 1,695 138,000 152,419 768 115,500 128,104 379 72,950 79,693
1999 1,673 155,000 172,349 823 125,500 132,650 363 87,500 95,575
2000 1,784 175,000 193,020 987 138,000 149,341 263 92,500 94,739
2001 2,013 202,000 226,202 981 160,000 171,709 292 93,000 106,223
2002 1,836 249,725 270,157 946 195,000 206,087 141 135,000 138,611
2003 1,748 280,000 299,891 896 227,500 230,476 115 149,000 144,909
2004 1,505 300,000 322,237 835 233,000 241,955 91 185,000 195,002
2005 1,641 312,000 336,157 893 242,000 252,473 30 146,428 169,415
2006 1,429 330,000 353,684 878 251,000 260,427 77 200,000 211,779
2007 1,672 375,000 407,326 1,120 278,413 291,180 73 272,000 252,589
2008 1,379 400,000 430,293 909 301,000 321,741 83 239,000 258,212
2009 1,605 430,000 455,877 1,089 337,500 354,908 146 281,750 268,231
2010 1,434 519,875 538,178 869 381,000 404,391 115 320,000 302,835
2011 1,279 490,000 516,253 770 380,000 400,324 138 314,975 303,727
2012 1,277 490,000 516,672 898 371,000 393,619 121 292,000 287,105
2013 1,412 530,944 550,303 952 392,065 404,312 175 250,000 281,769
2014 129 565,000 575,263 103 395,000 415,801 9 319,000 ^ 305,149 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 173

 Maroondah City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bottle Shop/Licensed 1 1333000 1333000 784.12 1700.00 ND 281.82< 1700.00 784.12
Dev Site 5 744800 440000 1495.91 2075.00 129.41< 81.48< 2075.00 617.83
Fuel Outlet/Garage 1 3750000 3750000 2545.82 1473.00 ND 128.42< 1473.00 2545.82
Health Clinic Unsp 1 387100 387100 511.36 757.00 ND ND 757.00 511.36
Mixed Use Unsp 6 2120366 552500 340.58 5802.00 20.53< 102.31< 6351.50 470.68
Multi-level Office 2 815000 815000 474.98 2158.00 215.04< ND 2158.00 474.98
Office Prem Unsp 6 680416 458750 1829.07 638.50 ND 252.11< 638.50 1959.67
Pub/Tavern/Club Unsp 2 987500 987500 1484.02 219.00 ND ND 219.00 1484.02
Restaurant 1 800000 800000 586.51 1364.00 ND ND 1364.00 586.51
Retail Sgle Occ Unsp 5 744800 440000 1495.91 2075.00 129.41< 81.48< 2075.00 617.83
Retail Store/Showrm 2 892500 892500 993.55 1539.50 89.70< 178.50< 1539.50 579.73
Shop 6 379730 383440 1833.33 219.00 135.73< 93.52< 208.20 1802.96
Strata/Subdiv Office 7 410357 420000 838.32 334.00 80.77< 59.15< 334.00 838.32
Vehicle Sales Centre 1 2827000 2827000 1061.58 2663.00 58.44< 61.68< 2663.00 1061.58
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 3145000 3145000 1177.02 2672.00 ND ND 2672.00 1177.02
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 23 585439 335000 211.78 2243.50 104.85< 75.71< 3547.50 130.51
Factory Unsp 36 1004462 436000 730.16 1838.00 56.26< 68.66< 5440.75 425.15
Warehouse 4 539250 533500 858.15 4764.50 146.16< 26.58< 4764.50 86.79
Warehouse Unspec 6 1228500 1137500 296.43 8535.00 ND 218.75< 6628.33 240.18
Warehouse/Showroom 2 581250 581250 NA NA 27.42< 16.61< NA NA
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 28821 28821 30.40 948.00 132.51< 179.63< 948.00 30.40
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 30 564950 529450 1191.11 641.00 135.06< 120.33< 681.74 826.69
Detached Home Unsp 629 555779 538500 687.50 800.00 100.65< 109.90< 847.26 658.89
Detached Home(exist) 748 546063 527250 822.25 827.00 121.56< 107.60< 854.63 643.43
Half Pair or Duplex 4 466275 490000 1591.18 374.00 129.64< 121.29< 374.00 1591.18
House & Flat/Studio 1 175000 175000 NA NA ND ND NA NA
Individual Car Park 2 125000 125000 NA NA ND ND NA NA
Res Dev Site 2 2155000 2155000 1277.20 1734.00 ND 151.23< 1734.00 1242.79
Res Investment Flat 24 465829 429000 1186.59 343.00 107.25< 12.26< 350.40 1299.66
Res Land ($0) 6 1195000 940000 300.22 2482.00 289.23< 108.67< 3110.50 384.18
Res/Rural Lstyle 15 1381503 1100000 212.42 5329.00 143.60< 110.83< 6400.40 215.85
ResLandWithImprovemt 4 417250 384000 NA NA ND 115.06< NA NA
Retire Village Unit 34 366880 381250 NA NA 116.41< 95.07< NA NA
Single Strata Unsp 345 394027 385000 NA NA 91.92< 104.05< NA NA
Strata Unit/Flat Uns 310 420751 405250 NA NA 121.79< 103.91< NA NA
Townhouse 239 396983 389000 NA NA 112.75< 103.18< NA NA
Vac Res A 173 280383 250000 367.97 462.00 89.21< 82.51< 488.88 614.41
Vac Res B 2 401613 401613 166.54 2478.50 116.41< 82.81< 2478.50 162.04
Vac Res/Rural Lstyle 1 840000 840000 37.02 22690.00 262.50< ND 22690.00 37.02

Municipality totals
Residential Total 2,569 Residential Total Prices $1,246,205,555
Commercial Total 46 Commercial Total Prices $43,890,680
Community Services Total 1 Community Services Total Prices $3,145,000
Industrial Total 71 Industrial Total Prices $60,316,240
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $28,821
All Sales Total 2,688 All Sales Total $1,353,586,296

A Guide to Property Values 2013 Page 174

 Melbourne City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 604 80,000 107,437 675 85,000 139,624 15 49,000 90,866

1986 419 100,000 156,432 565 90,000 191,051 20 56,000 72,795
1987 477 108,000 160,019 604 111,250 215,744 14 84,000 153,392
1988 493 154,000 233,469 701 120,000 251,105 7 110,000 ^ 259,071 ^
1989 369 168,200 275,678 441 165,000 326,168 8 90,000 ^ 203,250 ^
1990 316 173,375 238,015 462 148,000 246,176 6 81,250 ^ 86,900 ^
1991 390 157,000 208,238 362 148,125 217,734 7 87,000 ^ 93,071 ^
1992 471 157,000 202,349 941 175,000 201,262 13 85,000 134,320
1993 535 168,100 214,680 1,645 181,500 208,861 28 60,000 137,677
1994 537 182,000 234,103 1,697 187,000 225,729 42 80,500 120,037
1995 480 177,500 230,360 1,314 203,875 233,722 43 69,500 79,760
1996 596 162,750 208,579 1,620 205,000 243,115 112 50,800 70,110
1997 735 196,000 249,922 2,369 190,000 232,340 177 53,000 71,020
1998 546 220,000 280,736 2,969 200,000 244,142 173 60,000 85,580
1999 607 265,500 336,304 4,692 232,000 288,162 157 75,000 111,032
2000 590 293,875 379,823 3,996 282,300 355,545 85 82,000 116,892
2001 677 341,500 425,903 5,977 323,000 376,498 67 125,000 153,076
2002 632 390,000 503,163 5,389 346,000 407,172 22 96,000 90,875
2003 583 412,000 542,938 3,788 340,000 398,717 1 84,000 ^ 84,000 ^
2004 463 450,000 627,185 3,275 320,000 373,233 14 162,500 163,105
2005 525 450,000 622,722 3,680 322,817 394,841 7 260,000 ^ 253,692 ^
2006 508 526,250 758,508 4,156 353,000 442,071 16 255,000 247,619
2007 625 635,000 900,352 6,050 391,000 520,849 8 328,250 ^ 297,312 ^
2008 382 601,250 882,787 5,039 410,000 480,513 7 407,000 ^ 375,321 ^
2009 422 646,300 873,612 5,702 429,650 498,677 13 438,000 334,924
2010 442 720,000 963,312 6,606 485,000 561,496 43 460,000 487,105
2011 493 687,000 918,502 4,483 473,000 564,977 15 410,825 475,098
2012 355 730,000 995,358 3,601 475,000 549,158 7 445,000 ^ 648,880 ^
2013 420 807,500 1,092,884 3,690 488,944 570,629 10 370,000 518,000
2014 34 793,150 824,691 438 460,000 542,262 5 405,000 ^ 369,000 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 175

 Melbourne City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Brothel 1 800000 800000 7547.17 106.00 ND ND 106.00 7547.17
Dev Site 9 6826417 3522042 5216.49 1455.00 338.73< 202.94< 1811.00 2997.56
Ground Level Parking 1 22499999 22499999 11083.74 2030.00 ND 250.00< 2030.00 11083.74
Hotel/Motel Unsp 4 24938081 16800000 22074.98 1535.50 ND ND 1552.75 16060.59
Indiv Car Park Unsp 5 1204030 200000 NA NA 120.48< 382.78< NA NA
LowRise Office Build 4 16931249 15964999 10710.03 2453.00 ND 546.75< 2453.00 10737.87
Mixed Use Office 4 1578000 1188000 NA NA 678.86< 259.49< NA NA
Mixed Use Unsp 23 8247997 5155000 11838.23 350.50 463.37< 372.88< 498.08 7334.18
Mixed Use Workroom 1 1090000 1090000 NA NA ND ND NA NA
Multi-level Office 26 20266664 8964999 22727.28 748.00 394.82< 217.49< 1148.08 19818.83
Multi-storey CarPark 3 4100000 3900000 NA NA 408.38< 10833.33< NA NA
Office Prem Unsp 116 3356861 604500 1080.07 537.00 76.39< 109.91< 1134.34 6076.56
Playhouse/Theatre 1 1358500 1358500 3465.56 392.00 ND ND 392.00 3465.56
Pub/Tavern/Club Unsp 10 3076900 2687500 33702.25 178.00 ND 99.54< 638.11 4427.83
Restaurant 12 3480152 1552000 10432.33 1246.00 113.28< 88.18< 1646.25 2563.06
Retail Mult Occ Unsp 2 16500000 16500000 NA NA ND 1185.77< NA NA
Retail Sgle Occ Unsp 9 6826417 3522042 5216.49 1455.00 338.73< 202.94< 1811.00 2997.56
Retail Store/Showrm 11 1471940 1125000 2906.25 875.50 140.63< 105.44< 2202.75 1132.11
Shop 14 1552500 1162500 1472.94 1127.00 95.88< 136.76< 2077.20 923.89
Shop & Dwelling 2 2225000 2225000 16370.85 488.00 317.86< 148.33< 488.00 4559.43
Strata/Subdiv Office 63 3354758 494000 180.26 4620.00 115.15< 104.00< 4620.00 180.26
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 8660000 8660000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 3 1697199 1705000 1696.52 1005.00 131.63< 296.37< 2377.33 713.91
Factory Unsp 15 5517769 2612046 4712.36 349.50 302.45< 208.96< 3571.42 1284.44
Ind Dev Site 1 770000 770000 NA NA ND 38.98< NA NA
Warehouse 7 1470785 1248500 2399.28 437.00 133.89< 159.55< 898.00 1406.88
Warehouse Unspec 9 971638 736000 6.04 63780.00 117.76< 102.22< 36653.43 24.14
Warehouse/Office 2 773515 773515 561.37 1687.00 ND 57.64< 1687.00 561.37
Warehouse/Showroom 2 995000 995000 4060.14 268.50 60.30< 63.78< 268.50 3705.77
Residential ($/SM) (SM) (SM) ($/SM)
Boarding/Dorm Unsp 2 519850 519850 3448.28 261.00 ND ND 261.00 3448.28
Cojoin Strata Unsp 14 1216392 703000 231.14 1644.00 182.60< 92.44< 1386.67 902.88
Detached Home (new) 7 963214 740000 5756.30 119.00 152.11< 106.22< 130.00 7409.34
Detached Home Unsp 245 990512 762000 5715.82 173.50 123.02< 115.94< 256.34 4016.98
Detached Home(exist) 146 1282115 877500 4492.98 186.50 133.97< 121.54< 223.33 5635.86
Individual Car Park 102 68964 45000 35.60 1861.50 102.27< 119.21< 2151.95 21.19
Res Dev Site 1 2000000 2000000 4329.00 462.00 35.54< 45.26< 462.00 4329.00
Res Investment Flat 2 4602500 4602500 6171.23 721.50 1707.79< 1046.02< 721.50 6379.07
Retire Village Unit 18 384444 365500 NA NA 114.22< 81.77< NA NA
Semi-detached Unsp 1 956000 956000 1773.65 539.00 138.50< 136.66< 539.00 1773.65
Single Strata Unsp 935 573264 500000 NA NA 125.31< 110.38< NA NA
Storage Area 69 18005 10000 0.84 1307.00 181.82< 100.00< 3101.53 5.43
Strata Dwelling 30 631483 472250 NA NA 78.06< 90.38< NA NA
Strata Unit/Flat Uns 2594 560608 479500 NA NA 111.51< 100.95< NA NA
Terrace House 21 1021357 995000 6766.44 127.00 159.01< 128.39< 151.13 7204.71
Townhouse 97 652625 530000 6140.00 100.00 129.11< 108.16< 100.00 6140.00
Vac Res A 10 518000 370000 2005.65 177.00 84.47< 90.06< 210.80 1932.16
Vac Res in globo Oth 1 16241957 16241957 3269.97 4967.00 ND 680.29< 4967.00 3269.97

Municipality totals
Commercial Total 321 Commercial Total Prices $1,806,023,628
Industrial Total 39 Industrial Total Prices $111,205,425
Community Services Total 1 Community Services Total Prices $8,660,000
Residential Total 4,295 Residential Total Prices $2,597,374,367
All Sales Total 4,656 All Sales Total $4,523,263,420

A Guide to Property Values 2013 Page 176

 Melton Shire
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 313 58,000 60,524 32 47,000 50,978 484 17,500 18,672

1986 227 65,000 68,365 28 56,500 52,010 282 22,000 22,949
1987 280 66,500 72,383 47 59,000 80,327 139 27,100 35,735
1988 385 76,000 82,911 40 62,950 77,285 411 29,100 37,040
1989 300 91,500 96,527 41 75,000 78,207 590 33,900 38,495
1990 484 98,000 105,159 67 88,000 93,035 429 37,000 45,757
1991 450 94,000 100,180 46 77,750 78,244 333 35,500 44,827
1992 477 90,000 98,528 38 75,500 84,627 509 39,000 44,632
1993 582 88,750 98,452 37 70,500 100,250 566 50,000 53,301
1994 597 89,000 100,210 40 79,000 79,670 630 50,000 51,784
1995 560 88,000 98,762 51 68,000 75,847 496 48,000 52,174
1996 612 85,500 102,230 47 69,000 72,006 475 53,000 59,258
1997 713 88,500 105,828 71 68,000 69,084 680 52,875 54,796
1998 786 93,475 105,601 60 77,250 96,462 1,014 55,975 60,329
1999 911 120,000 131,354 61 80,000 92,981 1,952 60,000 64,096
2000 1,089 128,000 149,247 74 90,000 108,915 1,635 64,000 65,091
2001 1,546 144,500 166,027 111 96,000 119,940 2,997 72,000 76,427
2002 1,547 180,000 194,456 151 122,200 141,201 2,815 89,000 92,253
2003 1,636 215,000 224,295 159 176,000 183,682 3,095 112,337 112,005
2004 1,555 241,000 249,472 216 220,000 200,835 2,117 119,000 122,899
2005 1,679 250,000 255,718 151 179,000 196,145 1,858 123,000 125,337
2006 1,465 255,000 259,998 129 210,000 213,925 1,908 129,000 131,909
2007 2,248 263,500 273,980 253 215,000 225,242 2,879 129,000 130,288
2008 2,226 284,000 294,712 294 225,000 236,985 2,201 130,000 136,434
2009 2,458 305,000 316,199 381 249,000 263,658 2,399 125,000 145,753
2010 2,200 335,500 353,765 307 259,750 292,057 2,493 140,000 162,852
2011 1,804 355,000 368,046 215 272,000 280,040 1,379 185,000 201,535
2012 1,692 353,000 368,198 248 272,500 274,357 1,031 198,000 200,674
2013 1,763 365,000 379,211 314 257,500 261,127 1,180 173,000 194,132
2014 283 355,000 375,128 37 301,500 287,627 89 141,950 168,524

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 177

 Melton Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 5 769750 800000 249.01 2716.50 87.43< 80.81< 31403.25 24.27
Fuel Outlet/Garage 1 2500000 2500000 644.66 3878.00 ND ND 3878.00 644.66
Medical/Surgery 1 1250000 1250000 3125.00 400.00 297.62< ND 400.00 3125.00
Mixed Use Unsp 1 760000 760000 573.58 1325.00 72.21< 42.22< 1325.00 573.58
Multi-level Office 2 14000000 14000000 3610.33 6426.00 ND ND 6426.00 3610.33
Office Prem Unsp 1 485000 485000 NA NA ND ND NA NA
Retail Mult Occ Unsp 1 520000 520000 NA NA ND 136.84< NA NA
Retail Sgle Occ Unsp 5 769750 800000 249.01 2716.50 87.43< 80.81< 31403.25 24.27
Retail Store/Showrm 1 4400000 4400000 NA NA ND 44.15< NA NA
Shop 3 1800000 475000 2855.37 1611.00 210.18< 79.83< 1611.00 2855.37
Shopping Centre Unsp 1 27264487 27264487 NA NA ND ND NA NA
Strata/Subdiv Office 1 300000 300000 3947.37 76.00 77.02< 100.00< 76.00 3947.37
Community Services ($/SM) (SM) (SM) ($/SM)
Comm/Neighb Facility 1 2090000 2090000 189.48 11030.00 ND ND 11030.00 189.48
Vac Edu & Res Site 1 5170000 5170000 147.74 34993.00 ND ND 34993.00 147.74
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 7 333521 250000 1132.90 404.00 93.58< 62.34< 404.00 1200.06
Factory Unsp 20 655642 217000 1022.73 176.00 56.39< 86.45< 681.67 439.20
Ind Dev Site 12 442650 295750 200.24 1598.50 50.70< 88.28< 2308.17 191.78
Ind Land Build ($0) 1 450000 450000 126.87 3547.00 ND 90.88< 3547.00 126.87
Warehouse 1 438000 438000 1120.20 391.00 62.57< 65.86< 391.00 1120.20
Warehouse Unspec 2 567500 567500 338.51 1802.00 180.16< 95.38< 1802.00 338.51
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Suburban&Rural Road 1 203000 203000 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 10 1183500 1055000 2.55 402250.00 239.77< 39.07< 480310.00 2.46
Native Hardwood 1 961000 961000 4.34 221360.00 ND ND 221360.00 4.34
Plant/Tree Nursery 1 550000 550000 273.22 2013.00 ND ND 2013.00 273.22
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 8740000 8740000 1113.09 7852.00 ND ND 7852.00 1113.09
Detached Home (new) 38 411275 402500 1252.34 449.00 124.71< 112.89< 552.47 749.68
Detached Home Unsp 1076 379526 363750 794.87 585.00 129.91< 102.46< 597.83 637.80
Detached Home(exist) 648 376868 362000 423.08 585.00 120.67< 103.43< 607.11 622.49
MisImpRuralLand Unsp 1 546002 546002 13.48 40500.00 ND 70.45< 40500.00 13.48
Res Dev Site 3 810833 412500 177.96 2318.00 380.18< 232.39< 2745.00 295.39
Res Investment Flat 2 297750 297750 NA NA 32.90< 100.08< NA NA
Res/Rural Lstyle 35 712242 635000 165.83 6000.00 103.25< 84.11< 17112.60 41.62
ResLandWithImprovemt 3 494500 479000 831.60 576.00 374.22< 16.37< 926.33 533.83
Retire Village Unit 4 73875 73750 NA NA 23.69< 27.31< NA NA
Single Strata Unsp 111 282894 276000 1155.41 296.00 108.24< 117.20< 296.00 1155.41
Strata Unit/Flat Uns 169 252530 250000 NA NA 100.40< 89.29< NA NA
Sub Div (Multi Lot) 2 3022500 3022500 118.11 46164.00 ND 61.42< 46164.00 65.47
Terrace House 1 340000 340000 567.61 599.00 186.30< ND 599.00 567.61
Townhouse 28 250857 248500 NA NA 101.43< 90.36< NA NA
Vac Res A 1171 193063 173000 177.51 507.00 138.40< 93.51< 531.33 362.13
Vac Res B 9 333194 290000 139.51 2025.00 155.91< 362.50< 2125.00 156.80
Vac Res in globo Oth 4 10022500 7170000 188.80 90950.00 1295.29< 377.36< 715407.00 14.01
Vac Res/Rural Lstyle 13 554384 550000 139.95 8017.00 226.80< 360.77< 31524.92 17.59

Municipality totals
Commercial Total 23 Commercial Total Prices $78,576,987
Community Services Total 2 Community Services Total Prices $7,260,000
Industrial Total 43 Industrial Total Prices $22,782,313
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $203,000
Primary Production Total 12 Primary Production Total Prices $13,346,002
Residential Total 3,319 Residential Total Prices $1,071,092,414
All Sales Total 3,400 All Sales Total $1,193,260,716

A Guide to Property Values 2013 Page 178

 Mildura Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 565 53,300 55,549 79 52,000 63,303 316 18,500 23,559

1986 538 60,000 63,554 75 55,500 63,576 395 20,000 21,134
1987 569 63,500 67,814 94 60,200 79,879 369 22,000 24,027
1988 859 70,000 80,456 169 65,000 87,250 560 25,000 29,155
1989 649 78,500 87,760 127 78,500 96,212 438 28,000 30,818
1990 608 76,250 82,666 138 72,625 82,685 223 27,500 31,119
1991 553 77,000 82,024 115 73,500 88,938 244 26,800 28,376
1992 645 80,000 84,864 105 68,200 75,621 272 29,000 32,048
1993 692 80,750 87,133 142 71,000 71,540 354 31,000 33,207
1994 764 89,000 93,147 161 73,500 77,086 310 30,000 36,422
1995 690 87,750 92,545 128 74,000 78,669 214 32,000 36,863
1996 738 85,000 92,993 116 75,000 81,177 180 31,125 44,148
1997 850 90,000 98,239 171 72,000 73,952 258 32,800 40,997
1998 779 95,000 105,153 125 73,000 76,748 313 36,750 52,872
1999 820 108,000 118,111 153 83,000 91,822 304 38,500 42,916
2000 892 112,500 121,376 176 91,500 100,423 281 43,000 47,253
2001 1,001 130,000 135,180 176 105,000 120,420 479 48,500 51,854
2002 964 149,000 158,543 176 118,750 126,386 393 55,500 58,950
2003 1,043 163,500 169,519 156 144,000 146,285 435 60,000 67,725
2004 1,060 178,000 188,362 195 142,000 145,355 391 64,000 68,357
2005 1,098 185,000 203,453 166 145,000 158,690 427 75,000 77,537
2006 944 190,500 205,248 163 154,500 158,384 372 82,000 87,659
2007 965 202,500 216,879 189 160,000 166,531 307 79,000 85,585
2008 850 192,000 207,818 168 156,500 169,539 192 77,265 79,389
2009 950 195,000 206,280 161 155,000 165,512 385 73,000 82,614
2010 779 210,000 216,669 117 165,000 179,034 201 83,000 98,759
2011 723 215,000 224,569 100 151,250 166,139 314 80,000 87,218
2012 733 210,000 218,631 160 145,000 163,695 209 83,000 86,883
2013 866 218,550 230,809 218 147,500 161,544 199 85,000 88,766
2014 155 235,000 239,213 24 179,250 184,083 25 89,000 87,555

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 179

 Mildura Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 350000 350000 837.32 418.00 ND ND 418.00 837.32
Bed and Breakfast 1 385000 385000 405.26 950.00 ND ND 950.00 405.26
Dev Site 5 1338300 621500 517.89 2375.00 226.00< 72.90< 2791.20 479.47
Fuel Outlet/Garage 2 893750 893750 484.68 1488.00 ND ND 1488.00 600.64
Health Surgery 1 470000 470000 767.97 612.00 ND 120.82< 612.00 767.97
Medical/Surgery 2 434950 434950 806.25 567.00 ND 248.54< 567.00 767.11
Member Club Facility 1 20000 20000 5.97 3352.00 ND ND 3352.00 5.97
Mixed Use Unsp 7 512428 398750 405.26 475.00 110.90< 51.12< 2563.50 172.42
Mixed Use Workroom 1 89650 89650 20.62 4348.00 ND ND 4348.00 20.62
Motel 1 530000 530000 480.94 1102.00 ND ND 1102.00 480.94
National Co Unsp 2 9375000 9375000 745.94 10909.50 ND ND 10909.50 859.34
Office Prem Unsp 6 530000 452500 959.60 396.00 ND 92.82< 396.00 959.60
Pub/Tavern/Club Unsp 2 555000 555000 131.67 319965.00 ND 346.88< 319965.00 1.73
Restaurant 2 286000 286000 856.84 475.00 ND ND 475.00 856.84
Retail Mult Occ Unsp 3 260833 207500 212.82 975.00 ND ND 1199.67 217.42
Retail Sgle Occ Unsp 5 1338300 621500 517.89 2375.00 226.00< 72.90< 2791.20 479.47
Retail Store/Showrm 5 557480 450000 832.49 991.00 281.25< 147.28< 1655.80 336.68
Shop 4 339000 160500 1639.34 122.00 86.76< 59.55< 380.33 1113.94
Shop & Dwelling 1 80000 80000 23.83 3357.00 ND ND 3357.00 23.83
Shopping Centre Unsp 1 22400000 22400000 NA NA 231.40< ND NA NA
Strata/Subdiv Office 2 1214000 1214000 581.20 1287.00 202.50< 2428.00< 1287.00 581.20
Tourist Park/Caravan 2 2075000 2075000 95.99 22130.00 220.74< ND 22130.00 93.76
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 811250 811250 490.09 4804.00 324.50< 165.22< 4804.00 168.87
Factory Unsp 7 823714 506000 236.95 1473.50 516.85< 171.53< 2068.00 313.59
Food ProcessingUnsp 1 962500 962500 132.27 7277.00 ND ND 7277.00 132.27
Ind Dev Site 4 248187 193875 176.09 1265.00 27.70< 38.68< 2112.33 130.62
Warehouse 5 225450 180000 268.16 523.00 75.00< 44.44< 830.20 271.56
Warehouse Unspec 8 577156 298500 273.74 1096.50 ND 74.83< 6392.25 90.29
Warehouse/Showroom 2 765500 765500 175.57 6328.00 488.36< 59.59< 6328.00 175.57
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 20000 20000 0.28 70400.00 198.51< ND 70400.00 0.28
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 16 589768 450633 0.24 3498000.00 164.34< 141.50< 6035568.75 0.10
Livestock – Beef 1 643200 643200 0.08 8130000.00 180.58< ND 8130000.00 0.08
Livestock – Dairy 1 259259 259259 0.02 14080000.00 ND ND 14080000.00 0.02
MarketGardenVeg <20h 8 269106 191400 2.24 79400.00 153.12< 1413.48< 419476.88 0.64
MixedFarm no impr 1 388220 388220 0.05 8340000.00 174.09< 264.10< 8340000.00 0.05
MixedFarm&GrazUnsp 20 362642 272500 0.11 2562184.50 100.25< 123.86< 2561586.20 0.14
Orchard Plantations 1 80000 80000 0.40 202400.00 13.46< 44.11< 202400.00 0.40
Vineyard 26 212264 159000 2.65 74250.00 78.13< 265.00< 154613.92 1.37
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 15971220 15971220 394.64 40470.00 ND 306.26< 40470.00 394.64
Detached Home (new) 16 275028 265500 337.99 787.00 110.74< 97.43< 1040.60 261.10
Detached Home Unsp 235 224414 211255 475.75 701.00 ND 104.89< 12995.96 17.27
Detached Home(exist) 614 232073 220000 186.59 725.00 112.82< 102.33< 894.82 259.54
Garage/Outbuilding 1 65000 65000 49.47 1314.00 ND ND 1314.00 49.47
Individual Car Park 2 10000 10000 62.89 159.00 ND 15.21< 159.00 62.89
Res Dev Site 1 462000 462000 22.92 20160.00 ND 750.00< 20160.00 22.92
Res Investment Flat 11 284204 239000 NA NA ND 91.92< NA NA
Res/Rural Lstyle 94 289686 262500 26.45 8074.50 109.83< 105.00< 30761.62 9.42
ResLandWithImprovemt 2 112625 112625 294.97 541.00 4505.00< 20.67< 541.00 208.18
Retire Village Compl 1 2105350 2105350 384.61 5474.00 ND ND 5474.00 384.61
Retire Village Unit 3 133333 135000 NA NA 99.89< ND NA NA
Single Strata Unsp 70 158144 148000 NA NA ND 84.57< NA NA
Strata Unit/Flat Uns 83 146304 135500 NA NA 87.42< 90.94< NA NA
Terrace House 1 250000 250000 NA NA ND 135.14< NA NA
Townhouse 51 166215 157000 NA NA 99.37< 101.29< NA NA
Vac Res A 190 88479 85000 117.28 678.00 116.44< 106.25< 704.55 124.97
Vac Res B 9 94844 105000 23.33 3000.00 67.47< 210.00< 2833.22 33.48
Vac Res in globo Oth 6 1098583 911250 18.65 70200.00 ND 902.23< 71900.00 10.69
Vac Res/Rural Lstyle 111 121151 85000 12.38 6543.00 80.71< 93.41< 25632.24 4.70
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 130000 130000 217.39 598.00 ND ND 598.00 217.39

Municipality totals
Commercial Total 57 Commercial Total Prices $79,067,952
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $20,000
Primary Production Total 74 Primary Production Total Prices $25,731,566
Industrial Total 29 Industrial Total Prices $16,619,250
Residential Total 1,502 Residential Total Prices $318,880,887
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $130,000
All Sales Total 1,664 All Sales Total $440,449,655

A Guide to Property Values 2013 Page 180

 Mitchell Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 262 52,000 60,849 13 49,400 49,184 395 16,500 20,574

1986 282 54,500 61,215 14 60,000 89,371 241 22,000 26,948
1987 307 69,000 75,465 18 58,250 61,822 309 26,000 31,831
1988 409 76,000 83,765 21 68,500 87,042 345 32,000 34,762
1989 291 86,000 96,961 43 70,000 84,467 486 40,000 39,744
1990 208 94,000 99,905 32 80,950 80,462 289 40,000 43,209
1991 281 90,500 99,709 17 85,000 95,382 153 36,000 42,108
1992 233 88,000 98,171 24 80,000 84,671 143 32,950 41,978
1993 271 88,250 98,923 22 71,000 67,954 176 33,000 41,886
1994 348 86,000 96,575 24 81,250 88,302 180 37,000 43,382
1995 355 80,000 91,575 15 63,000 76,833 187 35,000 47,955
1996 352 85,000 96,966 12 77,250 82,125 123 43,000 56,347
1997 388 90,000 105,847 29 82,000 86,913 167 45,000 51,389
1998 471 90,000 105,661 24 70,500 105,125 220 37,250 52,880
1999 545 102,000 114,094 30 80,000 86,183 371 54,000 58,004
2000 518 114,250 122,043 30 90,000 113,130 266 59,250 57,486
2001 624 127,000 137,316 89 66,581 87,852 471 58,500 63,119
2002 589 157,000 166,473 42 119,000 138,042 529 64,950 70,360
2003 567 183,000 193,626 56 169,810 162,523 519 81,750 87,804
2004 525 200,000 213,023 50 173,250 156,618 328 94,975 100,708
2005 523 222,500 233,954 45 195,000 190,076 194 106,000 109,528
2006 486 240,000 255,284 50 190,000 180,240 200 106,950 113,189
2007 626 241,500 254,566 50 210,000 441,989 243 110,000 117,218
2008 479 243,000 257,694 60 212,000 206,295 272 99,000 104,894
2009 516 257,500 262,098 65 235,000 216,784 672 119,000 118,136
2010 439 289,000 293,120 74 249,000 236,806 733 135,000 139,179
2011 431 294,000 297,295 61 260,000 256,887 478 145,000 146,077
2012 401 300,000 304,327 66 251,000 240,668 392 144,000 141,821
2013 419 307,000 308,747 57 245,000 238,464 302 148,500 147,207
2014 57 312,500 305,235 10 253,750 240,860 27 130,000 143,685

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 181

 Mitchell Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 800000 800000 NA NA ND ND NA NA
Dev Site 2 565000 565000 160.15 4138.00 105.07< 354.79< 4138.00 136.54
Fuel Outlet/Garage 1 2000000 2000000 447.93 4465.00 ND ND 4465.00 447.93
Hotel/Motel Unsp 1 540000 540000 135.00 4000.00 ND ND 4000.00 135.00
Mixed Use Unsp 1 330000 330000 292.04 1130.00 89.19< 148.65< 1130.00 292.04
Restaurant 1 310000 310000 306.93 1010.00 ND 86.11< 1010.00 306.93
Retail Sgle Occ Unsp 2 565000 565000 160.15 4138.00 105.07< 354.79< 4138.00 136.54
Retail Store/Showrm 2 190000 190000 717.05 258.00 19.74< 15.83< 258.00 717.05
Shop 3 498000 650000 757.14 663.00 406.25< 295.45< 663.00 636.50
Vehicle Sales Centre 1 1385000 1385000 342.82 4040.00 167.88< ND 4040.00 342.82
Veterinary Clinic 2 337500 337500 396.76 840.50 ND ND 840.50 401.55
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 2165000 2165000 791.59 2735.00 ND 309.29< 2735.00 791.59
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 431000 431000 84.55 9878.50 ND 85.18< 9878.50 43.63
Factory Unsp 1 300000 300000 NA NA 106.19< 400.00< NA NA
Warehouse/Showroom 1 450000 450000 469.24 959.00 ND ND 959.00 469.24
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 502920 502920 0.19 2688000.00 359.23< ND 2688000.00 0.19
Livestock – Beef 3 960611 950000 0.33 2150403.00 147.86< ND 1561934.33 0.62
Livestock – Dairy 1 147500 147500 0.17 887700.00 ND ND 887700.00 0.17
Livestock – Sheep 2 549500 549500 1.13 506450.00 224.29< 179.43< 506450.00 1.09
MixedFarm no impr 8 316593 340000 0.72 434352.50 85.53< 151.11< 469719.00 0.67
MixedFarm&GrazUnsp 55 441204 347500 0.38 422000.00 141.84< 90.97< 925967.51 0.48
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 9 312716 315000 520.38 638.00 118.87< 92.99< 1133.57 273.09
Detached Home Unsp 197 315507 315000 291.88 788.00 157.50< 102.11< 938.26 335.27
Detached Home(exist) 213 302327 300000 266.09 808.00 116.73< 107.14< 944.19 319.87
Res Dev Site 2 572500 572500 261.03 2334.50 ND 53.50< 2334.50 245.23
Res Investment Flat 3 283333 265000 2.95 149200.00 ND 132.50< 149200.00 2.95
Res/Rural Lstyle 144 488970 480000 67.30 10699.00 117.07< 105.49< 38239.77 12.71
Single Strata Unsp 17 209264 220000 NA NA ND 88.00< NA NA
Strata Unit/Flat Uns 24 242895 257500 NA NA 110.35< 93.64< NA NA
Sub Div (Multi Lot) 1 1100000 1100000 12.22 90000.00 ND 184.99< 90000.00 12.22
Townhouse 13 258115 265000 NA NA 111.81< 101.15< NA NA
Vac Res A 293 147336 149000 283.71 571.00 126.81< 102.76< 650.68 227.56
Vac Res B 9 143000 110000 70.69 2504.00 68.77< 59.46< 2716.56 52.64
Vac Res in globo Oth 1 2100000 2100000 35.50 59150.00 724.14< 217.05< 59150.00 35.50
Vac Res/Rural Lstyle 35 290642 250000 16.50 20000.00 135.87< 107.07< 56260.51 5.17

Municipality totals
Community Services Total 1 Community Services Total Prices $2,165,000
Industrial Total 4 Industrial Total Prices $1,612,000
Commercial Total 17 Commercial Total Prices $10,174,000
Primary Production Total 70 Primary Production Total Prices $31,430,252
Residential Total 961 Residential Total Prices $272,343,500
All Sales Total 1,053 All Sales Total $317,724,752

A Guide to Property Values 2013 Page 182

 Moira Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 318 46,250 51,844 28 55,350 60,046 230 13,400 16,713

1986 250 54,600 60,136 48 54,000 54,256 209 16,500 18,648
1987 301 62,000 69,416 51 69,000 70,223 205 17,000 24,386
1988 334 70,250 81,008 59 74,000 77,232 268 24,000 27,772
1989 317 76,500 87,805 97 78,000 83,328 287 25,000 28,752
1990 234 82,000 91,195 65 82,500 84,790 241 27,700 32,500
1991 225 85,000 93,662 52 87,500 87,724 177 30,000 32,278
1992 259 82,000 91,650 57 86,250 89,993 173 32,500 34,026
1993 309 86,500 97,881 52 82,000 87,480 190 33,550 36,470
1994 327 94,000 104,536 64 85,250 89,819 215 34,000 41,666
1995 265 93,400 104,388 50 81,500 79,283 153 36,000 43,680
1996 296 93,000 119,481 64 86,000 84,937 147 31,000 40,913
1997 363 103,000 123,393 66 80,500 82,950 165 33,000 52,848
1998 349 92,500 116,044 66 78,750 77,391 165 32,000 42,837
1999 370 98,000 115,815 71 86,000 86,724 167 29,000 36,949
2000 439 100,000 111,990 76 85,000 97,436 118 31,000 39,563
2001 423 110,000 126,162 103 95,000 107,331 180 33,875 43,536
2002 565 129,000 143,123 140 105,000 115,952 287 40,500 43,437
2003 534 155,750 171,892 86 136,000 146,372 449 52,000 55,225
2004 472 173,000 196,552 105 151,000 155,312 384 56,000 57,945
2005 475 182,500 205,335 80 183,250 207,893 328 63,001 67,333
2006 495 200,000 228,121 86 170,000 182,208 231 75,000 77,819
2007 463 215,000 260,634 97 200,000 210,482 259 103,000 117,650
2008 346 210,000 248,477 60 175,000 207,644 195 80,000 95,310
2009 361 213,000 237,359 100 186,250 237,252 189 89,000 91,660
2010 319 235,000 264,050 67 189,500 212,788 170 96,750 102,504
2011 319 229,000 258,238 68 175,500 233,194 141 90,000 100,853
2012 330 235,000 250,603 69 203,500 209,533 115 85,000 98,464
2013 362 219,500 241,662 93 187,500 195,469 122 90,000 102,034
2014 49 240,000 253,734 17 213,000 227,941 29 90,000 94,653

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 183

 Moira Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 2 191250 191250 274.16 913.00 98.08< 166.30< 913.00 209.47
Hotel/Motel Unsp 1 390000 390000 445.71 875.00 ND ND 875.00 445.71
Licensed Ret Prem 2 392500 392500 287.34 1366.00 ND ND 1366.00 287.34
Mixed Use Unsp 2 280000 280000 61.66 11805.50 143.59< 141.41< 11805.50 23.72
Office Prem Unsp 2 215000 215000 1396.49 207.00 ND ND 207.00 1038.65
Playhouse/Theatre 1 80000 80000 40.00 2000.00 ND ND 2000.00 40.00
Pub/Tavern/Club Unsp 2 533750 533750 204.86 3422.50 ND 157.56< 3422.50 155.95
Retail Mult Occ Unsp 3 169234 152502 188.51 809.00 ND 54.66< 871.67 194.15
Retail Sgle Occ Unsp 2 191250 191250 274.16 913.00 98.08< 166.30< 913.00 209.47
Shop 3 211666 150000 2224.82 177.00 69.77< 50.00< 177.00 1483.05
Strata/Subdiv Office 2 805000 805000 758.33 1200.00 ND ND 1200.00 758.33
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 270000 270000 197.95 1364.00 ND ND 1364.00 197.95
Industrial ($/SM) (SM) (SM) ($/SM)
Coolstore/Coldstore 1 374000 374000 194.79 1920.00 ND ND 1920.00 194.79
Factory Unsp 7 198571 218000 130.75 2002.00 76.49< 174.40< 2089.67 101.53
Warehouse Unspec 1 260000 260000 36.79 7068.00 ND 123.81< 7068.00 36.79
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 2500 2500 NA NA 15.15< ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 8 492170 453680 0.53 496000.00 ND 207.63< 759300.00 0.65
GenCrop >20ha Unsp 8 167487 116500 0.18 365500.00 48.29< 24.95< 556348.75 0.30
Livestock – Beef 4 459500 504000 0.60 904700.00 396.59< 221.05< 852525.00 0.54
Livestock – Dairy 18 395202 367400 0.83 521250.00 106.40< 104.97< 673306.39 0.59
Livestock – Sheep 2 245000 245000 0.47 1097559.50 74.24< ND 1097559.50 0.22
MixedFarm no impr 7 303429 180000 0.16 962800.00 67.92< 117.57< 1027057.14 0.30
MixedFarm&GrazUnsp 72 422995 270150 0.15 745800.00 115.45< 117.46< 1199400.11 0.35
Orchard Plantations 2 1308250 1308250 1.50 707300.00 ND 486.34< 707300.00 1.85
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 3 228666 233000 233.00 1000.00 80.62< 67.93< 907.33 252.02
Detached Home Unsp 230 239660 220000 462.50 800.00 ND 115.18< 883.31 267.84
Detached Home(exist) 128 246749 211000 266.44 831.50 99.76< 87.92< 1000.65 247.31
Individual Car Park 1 12000 12000 NA NA ND ND NA NA
Res Dev Site 1 5687000 5687000 490.68 11590.00 ND 4513.49< 11590.00 490.68
Res Investment Flat 13 183423 165000 NA NA 11.00< 132.00< NA NA
Res/Rural Lstyle 99 314890 300000 8.95 19000.00 125.00< 111.11< 37075.52 8.49
ResLandWithImprovemt 4 131250 132500 39.51 2579.00 182.13< 203.85< 2954.50 44.42
Single Strata Unsp 39 195871 190000 NA NA 73.39< 121.79< NA NA
Strata Unit/Flat Uns 24 200070 187500 NA NA 102.46< 115.38< NA NA
Terrace House 1 90000 90000 NA NA ND ND NA NA
Townhouse 17 197264 210000 NA NA 112.00< 91.90< NA NA
Vac Res A 117 101326 90000 98.13 800.00 101.69< 100.00< 840.18 119.00
Vac Res B 5 118600 140000 24.17 2813.00 200.00< 186.67< 3078.60 38.52
Vac Res in globo Oth 3 1014703 258000 11.34 22750.00 ND 33.62< 804236.67 1.26
Vac Res/Rural Lstyle 47 96666 97500 4.50 8000.00 101.56< 78.31< 34079.23 2.84

Municipality totals
Community Services Total 1 Community Services Total Prices $270,000
Residential Total 732 Residential Total Prices $163,094,421
Commercial Total 22 Commercial Total Prices $6,830,202
Industrial Total 9 Industrial Total Prices $2,024,000
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $2,500
Primary Production Total 121 Primary Production Total Prices $49,915,066
All Sales Total 886 All Sales Total $222,136,189

A Guide to Property Values 2013 Page 184

 Monash City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,793 84,000 93,753 444 70,000 81,959 379 42,000 52,534
1986 2,531 89,500 103,498 418 76,000 99,427 324 47,700 54,566
1987 2,815 98,000 112,379 516 86,500 107,218 203 58,000 70,160
1988 3,010 125,000 138,454 657 105,000 147,952 160 103,500 123,084
1989 1,985 145,000 165,449 500 129,900 153,029 119 137,000 156,277
1990 1,774 143,000 165,913 475 134,000 160,528 55 112,000 129,354
1991 1,744 139,975 156,460 426 122,000 141,350 112 85,000 100,957
1992 1,893 137,500 153,906 443 123,000 134,351 96 99,250 103,440
1993 1,831 135,500 151,897 518 119,000 133,741 137 98,000 106,091
1994 2,131 140,000 155,166 738 123,280 148,295 161 95,000 112,735
1995 1,906 140,000 154,880 541 125,000 135,801 208 89,000 103,690
1996 2,148 141,000 154,698 680 123,500 134,084 242 92,000 102,546
1997 2,650 157,000 172,655 978 130,000 146,266 402 133,500 126,780
1998 2,465 178,000 193,919 777 147,000 167,117 422 127,000 136,592
1999 2,345 210,000 228,472 868 171,400 194,705 252 139,250 154,564
2000 2,332 228,000 244,690 851 190,000 206,488 131 149,000 181,057
2001 2,594 275,000 296,068 1,061 235,000 246,855 124 150,000 152,344
2002 2,571 320,000 343,686 866 267,400 287,915 27 100,000 126,443
2003 2,330 375,000 397,580 996 295,000 320,608 33 150,000 178,959
2004 2,023 380,000 410,623 863 302,500 327,652 68 272,500 258,380
2005 2,216 390,000 421,219 1,008 320,000 350,432 86 273,500 256,546
2006 2,285 429,000 462,640 968 345,045 372,695 75 275,000 272,359
2007 2,482 532,000 570,652 1,303 390,000 422,399 81 283,000 315,438
2008 1,725 570,000 602,045 924 405,000 426,113 24 343,772 345,285
2009 2,114 612,000 646,519 1,328 450,000 690,737 33 276,900 306,331
2010 1,907 715,000 759,227 1,178 484,000 493,505 47 360,000 386,758
2011 1,729 675,000 726,062 1,159 472,000 499,292 49 395,000 455,605
2012 1,726 668,000 717,894 1,017 495,000 511,982 43 360,000 484,887
2013 1,957 750,000 808,200 1,159 550,000 550,636 21 378,399 348,901
2014 181 780,000 853,700 120 532,750 579,560 3 400,000 ^ 589,000 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 185

 Monash City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 645000 645000 879.95 733.00 ND ND 733.00 879.95
Bulky Goods 1 4600000 4600000 3093.48 1487.00 ND ND 1487.00 3093.48
Fuel Outlet/Garage 1 2875000 2875000 1688.20 1703.00 ND 98.46< 1703.00 1688.20
Health Clinic Unsp 5 874600 715000 1440.99 805.00 180.56< 96.62< 1655.40 528.33
LowRise Office Build 1 9750000 9750000 NA NA ND 2800.12< NA NA
Mixed Use Unsp 6 1105833 652500 3397.13 209.00 35.08< 57.31< 525.60 1923.52
Multi-level Office 2 3781250 3781250 3568.65 5642.50 472.66< 275.00< 5642.50 670.14
Office Prem Unsp 17 1336500 610000 122.27 2339.00 ND 119.61< 4022.60 518.72
Pub/Tavern/Club Unsp 1 1300000 1300000 444.75 2923.00 24.02< 64.04< 2923.00 444.75
Restaurant 1 2488000 2488000 NA NA 182.94< 148.54< NA NA
Retail Mult Occ Unsp 2 1225000 1225000 1200.87 458.00 ND 220.72< 458.00 1200.87
Retail Store/Showrm 2 350000 350000 NA NA 29.79< ND NA NA
Shop 6 727167 616500 4076.09 184.00 137.00< 128.44< 295.60 1793.30
Shop & Dwelling 3 503333 485000 2579.79 188.00 110.23< 92.30< 194.33 2590.05
Strata/Subdiv Office 10 463000 383500 44.11 5327.00 79.24< 66.70< 4331.00 67.42
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 1405000 1405000 1400.80 1003.00 ND ND 1003.00 1400.80
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 14 2718030 537500 112.82 2552.50 63.33< 80.22< 16508.60 219.79
Factory Unsp 24 1423954 889250 765.35 733.00 ND 125.25< 1144.47 987.77
Ind Land Build ($0) 1 346000 346000 1064.62 325.00 ND ND 325.00 1064.62
OpenStorageUnsp 1 3215000 3215000 NA NA ND ND NA NA
Warehouse 10 1327410 895000 420.50 4078.50 57.70< 105.67< 5391.83 302.00
Warehouse Unspec 17 2305841 1040000 697.86 2844.50 ND 107.43< 4002.25 468.33
Warehouse/Showroom 2 460000 460000 554.15 1405.50 29.87< 59.74< 1405.50 327.29
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 4440 4440 284.20 29.00 96.10< 61.16< 29.00 153.10
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 4 14252047 13729094 2018.75 8648.00 ND 885.75< 10725.00 1645.94
Boarding/Dorm Unsp 1 192000 192000 NA NA ND 111.52< NA NA
Cojoin Strata Unsp 1 530000 530000 NA NA 95.41< 96.36< NA NA
Detached Home (new) 37 886737 775000 1954.63 396.50 133.34< 107.64< 481.91 1889.77
Detached Home Unsp 934 800571 754250 1005.69 703.00 176.64< 113.60< 713.81 1125.30
Detached Home(exist) 983 812832 750000 1165.71 697.00 121.16< 110.29< 702.63 1159.39
Individual Car Park 4 7000 4500 NA NA ND ND NA NA
Res Co Sh Unit Unsp 1 334000 334000 NA NA ND 130.98< NA NA
Res Dev Site 1 1380000 1380000 630.14 2190.00 ND ND 2190.00 630.14
Res Investment Flat 35 593274 548500 1985.11 403.00 6.38< 104.65< 573.60 1762.55
Res/Rural Lstyle 3 614932 412399 42.35 9737.00 131.81< 99.37< 9094.33 67.62
ResLandWithImprovemt 7 445392 452750 764.53 654.00 150.92< 64.96< 1208.00 368.00
Retire Village Unit 31 283467 355000 NA NA 101.43< 507.14< NA NA
Single Strata Unit 1 470000 470000 NA NA ND 92.16< NA NA
Single Strata Unsp 394 567102 557500 NA NA 147.68< 116.15< NA NA
Strata Dwelling 1 356000 356000 NA NA 96.22< 46.54< NA NA
Strata Unit/Flat Uns 504 549475 551500 522.39 938.00 124.92< 121.21< 938.00 522.39
Terrace House 3 696833 720000 1504.63 432.00 149.81< 109.09< 461.33 1510.48
Townhouse 191 557967 555000 NA NA 113.85< 101.14< NA NA
Vac Res A 21 348901 378399 2183.45 235.00 135.89< 95.80< 300.88 1240.63
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
OutdoorSport Complex 1 880000 880000 467.09 1884.00 ND ND 1884.00 467.09
WaterSport Pool/Aqua 1 2850000 2850000 NA NA ND ND NA NA

Municipality totals
Commercial Total 59 Commercial Total Prices $76,602,002
Community Services Total 1 Community Services Total Prices $1,405,000
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $8,880
Sport/Hrtge/Cultural Total 2 Sport/Hrtge/Cultural Total Prices $3,730,000
Industrial Total 69 Industrial Total Prices $129,181,733
Residential Total 3,157 Residential Total Prices $2,290,733,110
All Sales Total 3,290 All Sales Total $2,501,660,725

A Guide to Property Values 2013 Page 186

 Moonee Valley City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,606 79,000 88,511 591 52,500 68,389 191 44,000 45,797
1986 1,519 86,000 96,912 456 62,500 70,858 157 54,500 53,013
1987 1,538 94,350 111,985 599 68,500 87,262 127 65,000 72,151
1988 1,713 121,600 140,418 723 80,000 110,300 106 69,500 89,971
1989 1,271 146,000 168,756 621 99,000 122,884 189 90,000 106,659
1990 1,169 145,000 164,824 538 105,500 124,376 116 77,200 88,153
1991 1,236 140,000 157,464 465 113,500 120,668 89 69,000 69,949
1992 1,214 140,000 156,293 479 110,000 123,599 147 67,220 69,662
1993 1,304 142,500 159,025 450 108,750 118,197 144 67,575 73,522
1994 1,423 150,000 166,376 694 103,750 133,992 193 78,677 85,932
1995 1,354 147,500 164,825 627 105,000 121,494 202 80,750 93,492
1996 1,424 153,000 171,170 639 113,500 117,058 147 82,000 89,872
1997 1,592 175,000 194,764 834 116,250 128,179 156 92,250 110,709
1998 1,452 205,000 225,566 764 123,000 136,194 84 115,250 151,187
1999 1,386 241,900 266,471 822 160,000 181,959 93 105,000 124,068
2000 1,463 253,000 283,736 783 172,000 191,154 41 100,000 100,680
2001 1,598 308,750 333,216 1,002 220,000 238,859 63 140,000 153,804
2002 1,465 350,000 387,792 907 250,000 274,626 41 141,000 141,502
2003 1,466 395,000 434,275 772 265,000 284,542 44 170,000 189,487
2004 1,281 400,000 454,673 689 272,500 288,724 49 200,000 212,275
2005 1,422 410,000 458,355 768 287,500 304,622 35 220,000 227,745
2006 1,414 436,000 483,201 836 310,000 318,312 60 235,000 242,482
2007 1,622 520,000 584,307 1,110 340,000 362,680 69 300,000 311,351
2008 1,168 575,000 632,323 1,016 380,000 392,146 46 327,500 305,344
2009 1,381 581,000 641,089 1,099 410,000 433,786 56 345,000 347,805
2010 1,400 710,000 794,322 1,111 474,500 484,111 98 375,000 382,395
2011 1,214 690,000 776,592 806 460,000 479,617 67 430,000 454,728
2012 1,147 669,000 746,568 804 452,250 461,518 70 437,250 437,743
2013 1,349 715,000 775,943 846 455,000 470,104 81 442,500 427,992
2014 122 665,250 729,177 80 439,000 452,628 5 475,000 ^ 421,000 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 187

 Moonee Valley City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 465000 465000 NA NA 14.17< 62.85< NA NA
Fuel Outlet/Garage 1 1700000 1700000 2009.46 846.00 164.57< 154.55< 846.00 2009.46
Health Clinic Unsp 2 1005000 1005000 5729.93 274.00 ND 83.75< 274.00 5729.93
Indiv Car Park Unsp 1 25000 25000 11.88 2105.00 ND 125.00< 2105.00 11.88
Mixed Use Unsp 4 2236250 1865000 1151.69 534.00 178.90< 342.20< 479.67 3019.46
Motel 1 475000 475000 121.42 3912.00 ND ND 3912.00 121.42
Office Prem Unsp 7 772857 700000 1944.84 707.00 ND 66.67< 911.33 1221.65
Restaurant 1 418000 418000 NA NA 116.11< 67.42< NA NA
Retail Mult Occ Unsp 5 761200 781000 3395.06 243.00 ND 269.31< 575.40 1322.91
Retail Sgle Occ Unsp 1 465000 465000 NA NA 14.17< 62.85< NA NA
Retail Store/Showrm 2 2885000 2885000 2508.14 307.00 627.17< ND 307.00 2508.14
Shop 8 1095500 790000 2867.74 336.50 144.82< 111.35< 638.88 1714.73
Strata/Subdiv Office 4 814875 829750 3095.11 299.50 269.40< 230.49< 299.50 2770.45
Community Services ($/SM) (SM) (SM) ($/SM)
Early Childhood Cent 1 410000 410000 NA NA 40.74< ND NA NA
School Primary 1 5500000 5500000 297.81 18468.00 22.38< ND 18468.00 297.81
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 3 348000 245000 28.10 4360.00 57.65< 33.19< 3163.67 110.00
Factory Unsp 9 1782333 550000 709.14 766.50 85.94< 100.00< 938.00 731.61
Ind Dev Site 3 457202 395000 106.13 3066.00 47.02< ND 2180.67 209.66
Warehouse 1 1980000 1980000 538.19 3679.00 527.30< 180.00< 3679.00 538.19
Warehouse/Showroom 1 1700000 1700000 844.09 2014.00 166.63< 359.41< 2014.00 844.09
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 26750 26750 NA NA 2431.82< 460.41< NA NA
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 18 788055 655000 884.45 563.00 117.95< 107.33< 500.10 1821.84
Detached Home Unsp 787 770069 715000 1831.86 565.00 143.00< 105.93< 548.11 1437.34
Detached Home(exist) 534 785586 720000 1045.30 574.00 123.08< 101.41< 535.98 1485.45
Half Pair or Duplex 7 561214 570000 2043.01 411.00 109.30< 87.36< 411.00 1546.23
Individual Car Park 1 20000 20000 NA NA 55.56< 61.54< NA NA
Res Dev Site 3 1122166 557000 801.44 695.00 557.00< 28.53< 868.00 1292.82
Res Investment Flat 12 589541 543000 2687.75 253.00 106.47< 105.49< 381.60 1985.59
ResLandWithImprovemt 3 168666 40000 33.59 1191.00 ND 8.89< 1191.00 33.59
Retire Village Unit 5 479600 485000 NA NA 115.68< 125.97< NA NA
Single Strata Unsp 243 419015 410000 NA NA ND 93.82< NA NA
Strata Unit/Flat Uns 456 482729 473250 NA NA 116.85< 102.27< NA NA
Terrace House 3 1029000 687000 6766.13 222.50 128.11< 92.21< 222.50 5521.35
Townhouse 130 509929 490000 1645.77 638.00 111.11< 100.27< 638.00 1645.77
Vac Res A 81 427992 442500 841.08 409.00 128.26< 102.91< 468.79 910.25

Municipality totals
Commercial Total 38 Commercial Total Prices $41,512,500
Community Services Total 2 Community Services Total Prices $5,910,000
Industrial Total 17 Industrial Total Prices $22,136,606
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $53,500
Residential Total 2,283 Residential Total Prices $1,483,016,989
All Sales Total 2,342 All Sales Total $1,552,629,595

A Guide to Property Values 2013 Page 188

 Moorabool Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 230 59,700 62,475 27 49,800 47,588 352 16,000 18,279

1986 235 64,500 71,685 27 60,000 57,481 403 18,000 23,085
1987 263 75,000 76,194 37 54,000 62,137 312 21,500 26,012
1988 321 78,000 88,462 30 73,650 69,560 432 25,500 29,334
1989 292 90,000 103,241 33 84,000 81,321 660 29,550 33,888
1990 225 96,000 106,085 26 93,250 96,996 368 36,000 39,582
1991 199 99,000 106,212 15 97,500 94,893 182 32,750 36,759
1992 232 98,250 105,701 13 87,000 85,538 185 30,000 34,442
1993 224 97,750 107,879 21 95,000 88,590 264 31,000 37,275
1994 294 94,000 101,672 25 87,000 83,420 227 32,000 39,163
1995 289 95,000 104,691 22 84,250 78,590 168 34,250 45,716
1996 253 95,000 104,114 12 76,250 77,691 154 40,500 46,295
1997 354 101,500 111,953 25 80,000 72,113 161 33,000 43,233
1998 398 105,000 113,101 28 85,000 94,544 210 33,000 43,922
1999 404 113,000 124,933 24 79,500 84,760 186 32,000 40,336
2000 445 125,000 137,259 30 83,750 101,175 159 32,000 38,340
2001 533 140,000 150,843 39 90,000 95,650 246 41,268 49,514
2002 479 169,700 177,338 39 134,000 130,141 354 47,250 60,361
2003 462 199,500 208,815 36 164,500 164,222 304 72,250 76,047
2004 380 219,000 223,325 38 197,250 189,381 260 90,000 92,276
2005 349 222,000 233,644 27 198,500 194,018 201 90,500 97,014
2006 357 232,000 248,932 64 120,000 161,625 186 103,500 118,042
2007 497 245,000 264,893 57 175,000 180,483 191 90,000 101,461
2008 420 248,000 260,799 61 209,000 204,713 211 97,000 104,135
2009 382 265,000 280,517 91 220,000 215,827 385 105,500 110,276
2010 421 302,000 307,389 54 240,750 241,951 549 119,750 125,182
2011 376 310,000 324,023 68 270,000 248,324 363 140,000 145,332
2012 315 320,000 332,617 65 277,000 260,155 224 142,900 147,992
2013 334 329,500 331,966 49 294,000 282,941 172 145,900 148,724
2014 52 333,000 327,926 1 200,000^ 200,000^ 28 141,000 142,510

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 189

 Moorabool Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 155000 155000 504.89 307.00 704.55< 20.81< 307.00 504.89
Health Clinic Unsp 1 370000 370000 436.84 847.00 ND ND 847.00 436.84
Medical/Surgery 1 792000 792000 795.98 995.00 ND ND 995.00 795.98
Mixed Use Unsp 1 253000 253000 851.85 297.00 79.81< 186.03< 297.00 851.85
Neighbourhood 1 31600000 31600000 NA NA ND ND NA NA
Pub/Tavern/Club Unsp 1 700000 700000 785.63 891.00 ND ND 891.00 785.63
Retail Mult Occ Unsp 1 526000 526000 754.66 697.00 ND ND 697.00 754.66
Retail Sgle Occ Unsp 1 155000 155000 504.89 307.00 704.55< 20.81< 307.00 504.89
Extractive Industry ($/SM) (SM) (SM) ($/SM)
Quarry/Mine open dry 1 515000 515000 7.77 66290.00 ND ND 66290.00 7.77
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 5 311000 300000 295.81 1217.00 158.73< 77.57< 2202.40 141.21
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 710000 710000 1.12 635768.00 ND 80.79< 635768.00 1.12
Livestock – Beef 1 1536000 1536000 2.95 519800.00 512.00< 548.57< 519800.00 2.95
Livestock – Dairy 1 764366 764366 2.36 323700.00 2739.96< ND 323700.00 2.36
Livestock – Sheep 1 615000 615000 1.90 323700.00 ND 146.78< 323700.00 1.90
MixedFarm&GrazUnsp 35 575520 490000 2.36 354390.00 97.28< 114.49< 597105.69 0.96
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 10 358990 352450 772.92 557.50 114.88< 107.78< 555.38 663.04
Detached Home Unsp 194 325728 326000 316.69 879.50 116.43< 108.67< 1077.84 304.16
Detached Home(exist) 130 339196 330000 544.84 881.00 124.53< 103.94< 1186.55 285.19
Res Investment Flat 3 271666 282000 794.87 312.00 ND 118.74< 312.00 794.87
Res/Rural Lstyle 168 420859 387500 21.25 20000.00 107.64< 96.88< 42021.81 10.02
ResLandWithImprovemt 1 690000 690000 1.51 457600.00 690.00< 123.21< 457600.00 1.51
Single Strata Unsp 18 263500 263750 NA NA 105.50< 106.57< NA NA
Strata Unit/Flat Uns 18 300800 307000 NA NA 140.74< 127.03< NA NA
Townhouse 10 289175 311875 NA NA 146.76< 110.01< NA NA
Vac Res A 167 149614 145900 245.25 631.00 138.95< 104.21< 695.91 218.95
Vac Res B 5 119000 140000 72.06 2359.00 127.27< 87.50< 2671.60 44.54
Vac Res in globo Oth 2 5522500 5522500 27.00 1187956.50 ND ND 1187956.50 4.65
Vac Res/Rural Lstyle 52 271216 269000 13.14 20710.00 145.41< 168.13< 40850.02 6.64

Municipality totals
Commercial Total 8 Commercial Total Prices $34,551,000
Extractive Industry Total 1 Extractive Industry Total Prices $515,000
Industrial Total 5 Industrial Total Prices $1,555,000
Primary Production Total 39 Primary Production Total Prices $23,768,600
Residential Total 778 Residential Total Prices $246,864,208
All Sales Total 831 All Sales Total $307,253,808

A Guide to Property Values 2013 Page 190

 Moreland City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,393 66,500 70,302 689 50,000 72,201 63 32,000 43,949

1986 2,015 73,000 78,109 615 55,000 75,475 72 43,900 47,279
1987 2,147 77,500 84,406 708 61,250 78,822 98 43,000 59,016
1988 2,353 95,000 107,684 970 75,000 89,936 62 58,000 68,017
1989 1,794 120,000 129,861 670 86,000 103,893 52 67,750 91,746
1990 1,589 120,000 125,761 604 93,000 113,776 29 59,500 79,672
1991 1,518 115,000 120,348 502 88,250 98,286 17 54,000 52,911
1992 1,601 115,000 120,146 522 91,000 106,192 25 45,000 51,251
1993 1,712 115,000 119,445 608 86,375 101,090 37 60,000 66,454
1994 1,877 119,000 125,805 700 89,000 97,856 137 62,000 62,945
1995 1,749 116,000 123,150 635 90,000 98,744 151 54,000 67,231
1996 1,900 120,000 128,142 787 89,500 96,703 150 59,000 73,015
1997 2,311 140,000 150,319 1,026 97,100 110,280 159 75,000 86,717
1998 2,086 158,000 166,005 980 110,000 121,543 159 80,000 93,773
1999 2,157 187,500 200,090 1,202 140,000 159,889 203 77,000 91,592
2000 2,051 211,000 223,555 1,165 150,000 163,316 253 84,000 89,645
2001 2,292 254,500 263,457 1,433 197,950 216,774 273 91,000 107,261
2002 2,042 291,250 303,403 1,053 233,000 252,512 222 115,000 126,601
2003 2,144 333,000 342,216 1,065 250,000 269,897 146 165,000 174,224
2004 1,743 332,000 351,301 945 260,000 275,918 82 182,500 196,093
2005 1,937 340,000 353,972 1,076 255,000 272,888 49 185,000 179,531
2006 1,942 360,000 378,579 1,099 270,000 291,323 59 184,000 194,605
2007 2,216 420,000 449,412 1,840 321,750 336,229 96 179,500 191,900
2008 1,671 460,000 487,767 1,455 355,000 362,214 72 187,750 206,935
2009 1,949 503,000 533,199 1,903 395,000 402,473 67 215,000 258,697
2010 1,768 590,000 619,351 1,438 421,050 450,566 42 302,000 374,880
2011 1,650 566,500 596,182 1,346 419,500 441,089 72 386,250 390,466
2012 1,603 545,000 577,052 1,402 423,250 427,086 84 390,000 362,103
2013 1,694 590,000 616,807 1,532 417,750 422,062 70 402,500 384,985
2014 139 570,000 621,119 155 425,000 438,344 11 385,000 418,454

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 191

 Moreland City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 4 502400 473500 979.89 696.00 83.29< 28.70< 563.33 889.11
Ground Level Parking 1 770000 770000 1730.34 445.00 ND ND 445.00 1730.34
Health Clinic Unsp 2 683500 683500 1304.11 526.50 ND 62.14< 526.50 1298.20
Indiv Car Park Unsp 2 117350 117350 NA NA ND ND NA NA
Medical/Surgery 1 725000 725000 NA NA 161.11< 105.07< NA NA
Mixed Use Unsp 6 973616 994750 1889.76 635.00 154.22< 144.80< 1074.40 1005.99
Multi-level Office 1 902000 902000 5973.51 151.00 220.00< ND 151.00 5973.51
National Co Unsp 1 57000000 57000000 NA NA ND ND NA NA
Office Prem Unsp 9 712444 620000 1872.25 454.00 114.81< 174.65< 612.40 1415.74
Pub/Tavern/Club Unsp 1 2200000 2200000 1953.82 1126.00 ND ND 1126.00 1953.82
Restaurant 2 542500 542500 2789.92 206.00 73.31< 36.16< 206.00 2633.50
Retail Mult Occ Unsp 17 1623373 580000 2983.71 202.00 ND 116.00< 310.94 1929.11
Retail Sgle Occ Unsp 4 502400 473500 979.89 696.00 83.29< 28.70< 563.33 889.11
Retail Store/Showrm 3 3437544 1102633 2655.15 1887.50 87.16< 129.34< 1887.50 2623.21
Shop 14 628056 445896 3020.73 246.50 86.16< 96.67< 745.00 904.12
Shop & Dwelling 3 296333 319000 1571.43 203.00 85.52< 55.48< 200.00 1481.67
Strata/Subdiv Office 5 364200 258500 51.70 5000.00 53.70< 98.10< 5000.00 41.07
Supermarket 1 1015000 1015000 1227.33 827.00 ND ND 827.00 1227.33
Tourist Park/Caravan 1 510000 510000 NA NA 26.49< ND NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Prison/Detention/ 1 2530000 2530000 467.31 5414.00 ND ND 5414.00 467.31
Religious Hall 1 2150000 2150000 1433.33 1500.00 ND ND 1500.00 1433.33
School Primary 1 6105000 6105000 287.78 21214.00 974.25< ND 21214.00 287.78
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 6 732916 557500 1612.13 1253.00 112.85< 113.78< 1058.80 737.16
Factory Unsp 32 1065867 600000 1309.86 710.00 50.00< 107.14< 1629.96 760.18
Ind Dev Site 2 790000 790000 447.15 738.00 219.44< ND 738.00 447.15
Warehouse 5 582840 492800 1585.37 1025.00 89.60< 52.99< 709.00 822.06
Warehouse Unspec 12 1364583 687500 1302.25 2185.50 31.25< 58.80< 2928.63 618.68
Warehouse/Showroom 1 412500 412500 2370.69 174.00 74.86< ND 174.00 2370.69
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 6 8550 7989 35.71 28.00 89.00< 142.56< 36.60 211.20
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 837500 837500 NA NA 223.33< 187.36< NA NA
Detached Home (new) 28 623398 610750 1484.04 465.00 129.95< 105.30< 453.08 1391.55
Detached Home Unsp 995 614808 584000 1166.33 493.00 94.19< 103.36< 492.03 1264.19
Detached Home(exist) 654 619668 595000 1031.72 511.00 118.53< 105.12< 508.69 1223.01
Half Pair or Duplex 6 540500 507500 1705.50 340.50 126.88< 92.27< 438.83 1231.67
House & Flat/Studio 1 875000 875000 1532.40 571.00 ND ND 571.00 1532.40
Individual Car Park 5 64400 75000 1924.62 19.00 125.00< 630.25< 19.00 2289.47
Res Dev Site 1 5100000 5100000 NA NA ND 536.84< NA NA
Res Investment Flat 39 434487 358000 2754.99 450.00 87.32< 83.26< 450.00 1922.22
Res Land ($0) 34 551441 479250 755.30 717.50 ND 76.68< 741.00 744.19
Res/Rural Lstyle 3 1138333 605000 309.24 5649.00 128.72< 119.09< 5649.00 250.93
ResLandWithImprovemt 3 489333 550000 1498.38 587.50 ND 175.02< 587.50 1191.49
Retire Village Unit 18 365050 345000 NA NA 96.77< 79.54< NA NA
Single Strata Unit 6 385375 398875 NA NA ND 83.10< NA NA
Single Strata Unsp 388 401900 400500 517.48 715.00 85.21< 111.25< 715.00 517.48
Special Accom Res 1 1600000 1600000 1585.73 1009.00 ND ND 1009.00 1585.73
Storage Area 8 72627 72031 2450.00 28.00 ND ND 26.71 2686.48
Strata Dwelling 2 275500 275500 NA NA 73.22< 66.39< NA NA
Strata Unit/Flat Uns 814 429465 420000 NA NA 105.66< 100.00< NA NA
Terrace House 10 630000 685500 3670.45 176.00 123.81< 97.93< 194.67 3182.08
Townhouse 264 431289 425500 NA NA 109.66< 98.10< NA NA
Vac Res A 70 384985 402500 1311.43 350.00 187.21< 104.21< 385.10 992.63
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
Tennis Club 1 2399760 2399760 660.00 3636.00 ND ND 3636.00 660.00

Municipality totals
Commercial Total 78 Commercial Total Prices $131,494,378
Infrastruc&Utilities Total 6 Infrastruc&Utilities Total Prices $51,300
Community Services Total 3 Community Services Total Prices $10,785,000
Industrial Total 58 Industrial Total Prices $59,786,972
Residential Total 3,351 Residential Total Prices $1,749,654,767
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $2,399,760
All Sales Total 3,497 All Sales Total $1,954,172,177

A Guide to Property Values 2013 Page 192

 Mornington Peninsula Shire
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 3,382 63,000 76,556 421 64,500 72,595 3,704 16,500 20,962
1986 2,920 70,000 90,161 352 68,900 77,392 2,487 23,000 29,339
1987 3,281 77,000 100,897 425 75,000 90,673 2,056 27,000 38,564
1988 4,515 88,000 116,869 557 80,000 109,538 2,565 33,200 45,052
1989 3,162 111,500 145,581 348 98,000 122,975 2,051 44,000 55,722
1990 2,253 118,000 149,088 345 109,000 123,110 1,176 49,000 60,883
1991 2,205 111,000 141,445 241 102,000 114,850 1,110 42,000 52,716
1992 2,523 110,000 135,098 326 88,750 99,685 1,128 45,000 54,349
1993 2,656 106,500 131,170 389 92,000 120,515 1,184 42,000 52,526
1994 2,880 110,000 136,781 419 90,000 104,982 1,336 45,000 55,469
1995 2,722 105,000 137,065 376 94,000 111,049 1,011 47,000 61,890
1996 2,873 108,000 135,550 372 89,500 103,863 1,035 43,000 55,553
1997 3,809 116,000 145,729 547 95,500 112,714 1,594 48,000 62,863
1998 3,954 123,000 155,554 472 100,750 124,010 1,532 48,225 67,781
1999 4,457 138,000 176,016 592 115,000 141,139 2,202 52,000 69,980
2000 4,420 163,000 214,109 566 125,500 154,613 1,807 56,500 65,610
2001 5,506 195,000 242,778 700 145,000 174,965 2,025 72,000 88,947
2002 5,054 247,500 303,519 682 185,500 218,687 1,165 99,500 110,544
2003 4,834 285,000 352,490 726 225,000 263,675 1,295 140,000 155,541
2004 4,033 306,500 390,304 591 247,000 324,548 664 155,750 175,047
2005 4,036 310,000 403,318 691 247,000 284,786 580 155,000 175,639
2006 4,362 340,000 430,506 678 260,000 326,693 767 159,000 183,294
2007 5,519 365,000 462,189 968 290,000 344,630 781 156,750 190,298
2008 3,655 395,000 517,488 729 297,000 335,039 349 185,000 221,661
2009 4,252 410,000 492,441 1,023 317,500 346,618 539 200,000 231,076
2010 3,988 480,000 582,793 1,012 357,250 409,144 503 250,000 291,819
2011 3,212 497,750 624,448 766 365,000 425,034 373 282,000 352,719
2012 3,291 485,000 562,130 817 363,000 408,297 319 280,000 302,200
2013 3,505 500,000 595,140 869 380,000 424,391 472 245,000 269,694
2014 557 490,000 588,687 134 390,000 427,522 72 291,250 313,048

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 193

 Mornington Peninsula Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 4 383950 365500 311.05 1484.50 59.43< 84.02< 1871.50 205.16
Fuel Outlet/Garage 1 3450000 3450000 1266.52 2724.00 ND 90.79< 2724.00 1266.52
Health Clinic Unsp 2 1047500 1047500 2493.07 722.00 ND 168.68< 722.00 2493.07
Health Surgery 1 385000 385000 NA NA ND 60.63< NA NA
Indiv Car Park Unsp 1 75900 75900 NA NA ND ND NA NA
Licensed Ret Prem 1 2552691 2552691 597.12 4275.00 ND ND 4275.00 597.12
Medical/Surgery 2 928166 928166 588.30 3367.00 ND 155.99< 3367.00 275.67
Mixed Use Office 1 174000 174000 NA NA ND 56.49< NA NA
Mixed Use Unsp 3 382666 410000 1432.43 185.00 63.25< 24.85< 185.00 1432.43
Motel 1 2625000 2625000 891.95 2943.00 170.82< ND 2943.00 891.95
National Co Unsp 1 4300000 4300000 2860.94 1503.00 ND ND 1503.00 2860.94
Office Prem Unsp 4 724375 545000 NA NA ND 101.63< NA NA
Pub/Tavern/Club Unsp 2 2312500 2312500 560.00 2500.00 ND 139.10< 2500.00 560.00
Res Hotel/Motel Apar 1 2300000 2300000 3833.33 600.00 ND ND 600.00 3833.33
Restaurant 4 1186250 772500 1585.96 498.00 96.38< 48.28< 490.75 2417.22
Retail Mult Occ Unsp 4 1808625 962250 9064.72 457.00 9.80< 39.60< 442.25 4089.60
Retail Sgle Occ Unsp 4 383950 365500 311.05 1484.50 59.43< 84.02< 1871.50 205.16
Serv Apt/Unit Unsp 1 12584000 12584000 NA NA ND 4280.27< NA NA
Shop 9 635777 745000 1697.04 439.00 97.70< 48.53< 393.56 1615.47
Shopping Centre Unsp 1 1032020 1032020 683.91 1509.00 ND ND 1509.00 683.91
Strata/Subdiv Office 4 746250 625000 NA NA 103.31< 68.92< NA NA
Tourist Park/Caravan 2 2607500 2607500 371.63 7959.50 100.29< 1049.00< 7959.50 327.60
Vehicle Sales Centre 1 850000 850000 984.94 863.00 ND ND 863.00 984.94
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 1350000 1350000 555.56 2430.00 ND ND 2430.00 555.56
Kindergarten 1 1625000 1625000 744.73 2182.00 ND ND 2182.00 744.73
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 17 354805 328900 1541.85 227.00 92.98< 90.61< 425.22 789.84
Factory Unsp 28 416442 327500 369.22 588.00 114.51< 99.24< 863.81 480.75
Ind Dev Site 7 427071 368500 179.76 2050.00 147.40< 138.08< 3445.57 123.95
OpenStorageUnsp 1 450000 450000 162.22 2774.00 ND ND 2774.00 162.22
Warehouse 5 276040 272800 2004.24 118.00 90.93< 59.76< 135.33 1914.78
Warehouse Unspec 5 351010 68200 1515.56 45.00 ND 4.40< 44.00 1462.50
Warehouse/Showroom 1 357500 357500 2066.47 173.00 83.33< ND 173.00 2066.47
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 18958 18958 133.24 142.50 86.17< 132.57< 142.50 133.04
Marinas & Yacht Club 3 248333 240000 4136.95 66.50 82.05< 84.96< 66.50 4097.74
Post Offices 1 2530000 2530000 3373.33 750.00 ND ND 750.00 3373.33
Sewerage/StormUnsp 1 52800 52800 150.86 350.00 ND ND 350.00 150.86
TelecomBuildings 1 1028500 1028500 1117.93 920.00 ND ND 920.00 1117.93
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 1420000 1420000 5.49 258600.00 ND ND 258600.00 5.49
Horse Unspecified 2 1450000 1450000 26.67 60235.00 ND ND 60235.00 24.07
Livestock – Beef 3 2266666 2300000 7.86 292600.00 ND ND 277000.00 8.18
MixedFarm&GrazUnsp 12 2395000 1925000 8.26 220300.00 ND 115.96< 271748.33 8.81
Orchard Plantations 1 3050000 3050000 32.10 95010.00 244.00< ND 95010.00 32.10
Plant/Tree Nursery 1 835000 835000 209.90 3978.00 ND ND 3978.00 209.90
Poultry broiler 5 1256737 1200000 19.01 78920.00 72.29< 100.00< 84160.00 14.93
Vineyard 7 2710000 2295000 24.27 41210.00 208.64< 176.54< 90718.57 29.87
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 40 811613 802500 1383.99 802.50 193.84< 138.36< 903.59 906.40
Detached Home Unsp 2175 575221 490000 491.18 794.00 119.51< 103.59< 953.68 604.51
Detached Home(exist) 1287 622387 515000 872.76 802.00 125.61< 100.98< 976.11 636.05
Half Pair or Duplex 2 422916 422916 852.27 775.00 96.12< 109.85< 775.00 545.70
Individual Car Park 1 4200 4200 NA NA 10.50< 28.97< NA NA
MisImpRuralLand Unsp 4 3868750 2025000 15.87 126500.00 ND 250.00< 112760.00 34.31
Res Co Sh Unit Unsp 20 317450 312500 NA NA ND 107.76< NA NA
Res Dev Site 8 1471500 1055000 522.24 2188.00 105.50< 405.77< 3383.75 434.87
Res Investment Flat 18 615666 444000 1531.00 265.00 188.98< 133.78< 505.00 1628.22
Res Land ($0) 5 677000 650000 672.08 1354.00 127.08< 101.17< 1292.60 523.75
Res/Rural Lstyle 245 1240086 976000 173.20 12394.50 118.30< 104.39< 28268.07 44.10
ResLandWithImprovemt 13 653457 410000 748.03 762.00 ND 95.91< 4093.36 156.13
Retire Village Compl 4 6397098 7434197 277.71 38290.00 ND ND 51176.25 125.00
Retire Village Unit 30 320464 350000 NA NA 122.81< 119.66< NA NA
Single Strata Unit 1 320000 320000 NA NA 400.04< 82.58< NA NA
Single Strata Unsp 272 418532 371000 NA NA 148.40< 96.99< NA NA
Strata Unit/Flat Uns 338 431334 395500 NA NA 125.56< 108.36< NA NA
Terrace House 1 537500 537500 352.69 1524.00 67.19< ND 1524.00 352.69
Townhouse 190 430521 384000 NA NA 117.07< 104.63< NA NA
Vac Res A 455 263765 240000 530.98 588.50 121.55< 87.43< 670.50 398.55
Vac Res B 17 428383 345000 284.52 2390.00 123.21< 77.97< 2489.24 172.09
Vac Res in globo Oth 4 2221824 2367519 339.82 11278.00 ND 139.85< 13842.25 160.51
Vac Res/Rural Lstyle 25 823713 640000 34.73 20230.00 168.42< 156.10< 28784.21 29.09

Municipality totals
Commercial Total 55 Commercial Total Prices $71,923,544
Community Services Total 2 Community Services Total Prices $2,975,000
Primary Production Total 32 Primary Production Total Prices $68,998,685
Residential Total 5,155 Residential Total Prices $2,980,079,151
Industrial Total 64 Industrial Total Prices $24,624,352
Infrastruc&Utilities Total 8 Infrastruc&Utilities Total Prices $4,394,217
All Sales Total 5,316 All Sales Total $3,152,994,949

A Guide to Property Values 2013 Page 194

 Mount Alexander Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 258 44,500 48,994 2 47,000^ 47,000^ 133 9,000 10,796

1986 241 47,000 51,585 19 59,000 56,578 100 11,000 13,044
1987 277 55,000 60,698 6 68,000^ 66,250^ 115 12,500 16,815
1988 336 62,750 70,227 23 71,500 68,934 113 16,000 20,034
1989 298 71,000 76,577 10 93,500 107,300 148 22,250 26,866
1990 235 73,000 79,182 3 98,000^ 104,333^ 116 24,000 25,025
1991 226 75,000 79,928 9 80,000^ 78,277^ 83 23,000 24,200
1992 221 73,000 83,732 9 75,000^ 89,777^ 71 23,500 23,302
1993 243 77,500 86,591 11 77,000 73,363 71 22,050 27,760
1994 245 75,000 83,312 17 83,000 86,617 89 27,500 30,022
1995 252 80,000 89,636 10 84,000 84,850 85 28,000 30,959
1996 289 76,000 91,773 12 96,800 98,383 89 22,500 31,130
1997 277 84,500 91,057 13 91,000 96,692 73 29,500 32,319
1998 308 83,750 93,702 10 80,000 77,100 63 30,000 39,343
1999 313 92,500 104,841 17 93,000 101,455 81 32,500 34,538
2000 345 95,000 106,801 23 114,000 110,239 108 32,000 39,340
2001 427 120,000 131,335 17 115,000 106,441 149 35,000 43,530
2002 425 152,000 164,383 36 132,500 132,011 175 37,500 41,752
2003 377 177,000 189,101 38 157,500 158,318 122 52,500 60,405
2004 300 200,000 213,225 20 212,500 199,600 80 65,750 66,891
2005 341 210,000 227,280 19 185,000 213,763 75 78,000 79,202
2006 297 220,000 237,377 26 209,750 207,048 61 79,000 80,295
2007 374 222,000 239,326 32 207,750 224,271 77 85,000 87,717
2008 295 235,000 246,437 26 205,000 191,115 49 87,725 93,776
2009 323 245,000 262,868 31 225,000 225,266 72 85,000 86,403
2010 310 295,000 315,956 34 255,000 242,882 95 95,000 103,540
2011 242 309,000 330,365 17 242,000 237,029 91 100,000 106,724
2012 233 325,000 350,133 26 302,500 274,605 61 115,000 111,522
2013 292 352,500 365,762 25 300,000 290,730 68 122,500 118,933
2014 34 340,000 334,838 2 240,000^ 240,000^ 9 130,000 ^ 138,944 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 195

 Mount Alexander Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 625000 625000 976.56 640.00 ND ND 640.00 976.56
Dev Site 1 137500 137500 5.10 26935.00 ND 229.17< 26935.00 5.10
Hotel/Motel Unsp 1 710000 710000 645.45 1100.00 ND ND 1100.00 645.45
Mixed Use Unsp 2 303750 303750 283.26 1100.00 86.79< 337.50< 1100.00 276.14
Pub/Tavern/Club Unsp 2 660000 660000 479.27 2806.50 ND ND 2806.50 235.17
Retail Sgle Occ Unsp 1 137500 137500 5.10 26935.00 ND 229.17< 26935.00 5.10
Shop & Dwelling 1 335000 335000 1167.25 287.00 70.38< ND 287.00 1167.25
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 3 685000 495000 111.02 5933.00 ND 282.86< 5933.00 72.05
Warehouse 1 671000 671000 9.44 71100.00 327.32< ND 71100.00 9.44
Warehouse Unspec 1 1200000 1200000 255.75 4692.00 ND ND 4692.00 255.75
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 47363 47363 1.89 183067.50 ND ND 183067.50 0.26
Post Offices 1 350000 350000 458.12 764.00 ND ND 764.00 458.12
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 260000 260000 0.64 404700.00 ND 29.20< 404700.00 0.64
Livestock – Beef 3 835956 255000 0.00 660000.00 ND ND 533734.00 1.57
MixedFarm + impr 1 150000 150000 0.31 481700.00 ND 30.93< 481700.00 0.31
MixedFarm no impr 2 555000 555000 0.65 902483.50 185.00< 300.00< 902483.50 0.61
MixedFarm&GrazUnsp 25 537540 439000 0.54 710785.00 151.38< 146.33< 1400932.76 0.38
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 2 420000 420000 239.02 1798.00 161.54< 152.73< 1798.00 233.59
Detached Home Unsp 146 353859 350000 395.26 1012.00 ND 116.67< 1289.77 273.94
Detached Home(exist) 144 377078 357000 312.25 1000.00 145.71< 115.16< 1315.63 281.51
Res/Rural Lstyle 100 431615 382500 21.00 20000.00 127.93< 99.35< 38585.31 11.19
Single Strata Unsp 9 289277 285000 NA NA ND 110.68< NA NA
Strata Unit/Flat Uns 11 280045 304000 NA NA 136.63< 148.29< NA NA
Townhouse 5 316850 329250 NA NA 144.41< 134.94< NA NA
Vac Res A 57 118394 125000 73.73 984.50 147.06< 125.00< 906.19 125.61
Vac Res B 11 121727 114000 58.45 2224.00 144.30< 123.91< 2526.00 48.19
Vac Res in globo Oth 2 246000 246000 0.33 816170.50 ND ND 816170.50 0.30
Vac Res/Rural Lstyle 49 171469 145000 3.50 32143.00 97.48< 122.88< 41493.71 4.13

Municipality totals
Residential Total 536 Residential Total Prices $174,213,999
Commercial Total 9 Commercial Total Prices $3,872,500
Industrial Total 5 Industrial Total Prices $3,926,000
Infrastruc&Utilities Total 3 Infrastruc&Utilities Total Prices $444,727
Primary Production Total 32 Primary Production Total Prices $17,466,370
All Sales Total 585 All Sales Total $199,923,596

A Guide to Property Values 2013 Page 196

 Moyne Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 147 45,500 54,801 9 56,200^ 54,522^ 99 10,000 13,344

1986 120 48,000 53,940 6 56,300^ 56,500^ 91 11,500 16,119
1987 145 54,000 60,062 10 59,500 64,820 65 11,500 16,403
1988 192 56,500 63,548 12 69,250 75,087 85 14,000 17,589
1989 158 67,750 75,525 14 81,400 83,135 96 16,500 20,628
1990 120 64,500 73,456 9 85,000^ 92,000^ 62 17,250 23,390
1991 138 71,750 77,231 9 75,000^ 74,000^ 50 19,750 25,115
1992 133 80,000 88,640 5 127,500^ 121,600^ 74 21,000 31,991
1993 135 74,000 88,215 7 92,000^ 96,000^ 66 19,500 28,643
1994 164 83,075 95,443 5 120,000^ 112,000^ 96 20,000 26,373
1995 175 77,000 114,007 5 120,000^ 96,880^ 95 32,000 54,669
1996 189 90,000 111,235 2 141,250^ 141,250^ 65 24,000 41,188
1997 196 87,750 122,078 6 134,000^ 159,666^ 86 30,000 46,991
1998 173 95,000 118,060 2 79,000^ 79,000^ 90 33,750 47,886
1999 205 105,000 140,500 7 240,000^ 232,571^ 97 31,500 42,452
2000 223 105,000 131,755 16 150,500 168,903 89 36,000 52,261
2001 266 130,000 153,896 28 178,750 268,624 90 45,750 54,505
2002 283 146,500 181,400 20 162,000 154,517 122 63,750 61,573
2003 254 170,300 198,632 11 290,000 279,681 99 50,000 66,007
2004 192 202,500 229,982 12 262,500 469,008 89 85,000 85,664
2005 192 210,000 247,970 22 250,000 306,298 78 77,625 81,144
2006 210 226,000 248,325 22 245,500 349,286 101 79,900 83,870
2007 260 255,500 290,120 23 278,000 297,007 83 85,000 93,508
2008 200 258,825 293,787 10 258,000 307,100 48 105,000 101,316
2009 204 246,500 289,150 21 317,000 335,928 68 116,500 112,823
2010 165 300,000 348,654 12 288,500 288,625 84 125,000 121,010
2011 129 296,000 334,971 11 360,000 383,863 66 125,500 137,718
2012 143 320,000 360,870 8 283,500^ 274,062^ 67 100,000 106,836
2013 161 305,000 374,640 15 350,000 508,666 47 120,000 126,063
2014 32 339,500 350,093 5 360,000^ 325,000^ 5 195,000 ^ 173,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 197

 Moyne Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 250000 250000 364.43 686.00 65.79< 89.29< 686.00 364.43
Mixed Use Unsp 1 212000 212000 4240.00 50.00 32.62< 49.88< 50.00 4240.00
Pub/Tavern/Club Unsp 2 242500 242500 55.29 4306.00 ND ND 4306.00 56.32
Retail Sgle Occ Unsp 1 250000 250000 364.43 686.00 65.79< 89.29< 686.00 364.43
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 1 440000 440000 28.03 15700.00 ND ND 15700.00 28.03
Warehouse 1 242000 242000 201.67 1200.00 57.01< ND 1200.00 201.67
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 2 927757 927757 0.39 2266000.00 ND 112.70< 2266000.00 0.41
Livestock – Beef 4 282250 276000 3.73 236050.00 84.99< 120.96< 243825.00 1.16
Livestock – Dairy 13 771308 624483 1.00 491900.00 83.39< 73.47< 600526.92 1.28
Livestock – Sheep 4 830787 453027 0.27 2243100.00 114.75< ND 2989825.00 0.28
MixedFarm + impr 1 2766608 2766608 0.67 4116912.00 ND 664.76< 4116912.00 0.67
MixedFarm no impr 3 733922 714300 0.84 850200.00 165.18< 127.22< 1057433.33 0.69
MixedFarm&GrazUnsp 48 810780 495696 0.48 675600.00 300.40< 98.44< 782730.29 1.04
Softwood Plantation 1 261166 261166 0.39 662700.00 ND 5.63< 662700.00 0.39
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 50 354608 310000 541.08 899.50 ND 131.91< 1142.28 307.04
Detached Home(exist) 111 383663 305000 615.63 934.00 127.48< 101.67< 1076.90 354.95
Res/Rural Lstyle 66 359542 331920 31.89 15395.00 118.54< 102.13< 28520.58 12.61
ResLandWithImprovemt 2 207500 207500 297.13 816.00 ND ND 816.00 254.29
Single Strata Unsp 6 444166 397500 NA NA ND 83.91< NA NA
Strata Unit/Flat Uns 5 665000 350000 NA NA 97.22< 134.62< NA NA
Townhouse 4 410000 397500 NA NA 138.99< 112.45< NA NA
Vac Res A 42 124619 119500 42.08 1010.00 102.58< 95.60< 1041.28 117.49
Vac Res B 5 138200 150000 51.55 3880.00 200.00< 107.14< 3482.00 39.69
Vac Res/Rural Lstyle 47 173585 140002 10.48 21000.00 127.27< 94.92< 45532.06 3.81

Municipality totals
Industrial Total 2 Industrial Total Prices $682,000
Residential Total 338 Residential Total Prices $106,175,411
Commercial Total 5 Commercial Total Prices $1,197,000
Primary Production Total 76 Primary Production Total Prices $60,481,704
All Sales Total 421 All Sales Total $168,536,115

A Guide to Property Values 2013 Page 198

 Murrindindi Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 215 48,500 54,631 9 43,000^ 53,388^ 206 13,000 16,127

1986 212 54,250 63,395 0 43,000* 53,388* 179 15,500 20,357
1987 225 60,000 67,537 9 55,800^ 65,255^ 164 19,750 35,588
1988 281 69,500 79,092 14 64,250 68,428 179 21,000 29,726
1989 239 83,000 94,753 7 66,000^ 66,357^ 178 25,000 35,929
1990 173 90,000 101,643 4 72,000^ 70,662^ 121 35,000 41,278
1991 188 82,750 91,798 9 82,000^ 86,188^ 89 32,500 38,019
1992 206 90,000 103,725 10 86,250 80,990 67 33,000 35,483
1993 225 89,000 102,687 7 86,000^ 96,357^ 83 28,500 43,902
1994 218 84,000 100,072 1 85,000^ 85,000^ 77 25,000 31,863
1995 194 94,500 115,025 3 90,000^ 88,500^ 102 40,000 64,473
1996 205 89,000 101,134 4 72,500^ 68,625^ 82 31,500 48,431
1997 285 88,000 106,792 12 71,000 69,208 97 38,500 54,925
1998 277 89,000 102,711 10 78,500 76,000 105 40,000 49,903
1999 334 92,000 111,136 13 70,000 69,730 107 46,000 52,495
2000 353 102,000 122,279 13 84,250 94,942 110 36,500 47,006
2001 417 120,000 135,320 24 101,500 120,979 134 35,500 45,132
2002 389 133,000 153,248 14 134,750 137,392 150 43,000 47,422
2003 362 168,000 178,104 18 111,000 124,016 126 59,750 66,695
2004 303 185,000 196,936 8 157,500^ 169,250^ 85 75,000 78,994
2005 333 205,000 227,149 7 250,000^ 215,000^ 73 94,500 102,765
2006 285 208,000 229,860 12 196,500 201,375 64 73,625 86,210
2007 307 220,000 241,676 15 230,000 214,420 74 94,000 108,013
2008 239 230,000 251,084 13 225,000 206,208 53 80,000 88,519
2009 244 230,000 242,200 19 215,000 219,500 124 99,500 100,265
2010 154 230,000 243,755 16 230,000 239,781 111 96,000 103,413
2011 142 255,000 264,519 19 184,500 186,184 86 112,000 120,960
2012 139 250,000 265,312 13 195,000 198,807 112 100,000 104,927
2013 150 256,000 272,841 11 185,000 195,818 49 100,000 109,185
2014 32 211,250 213,718 3 250,000^ 252,500^ 6 147,500 ^ 156,481 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 199

 Murrindindi Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bed and Breakfast 2 755000 755000 1.35 779600.00 ND ND 779600.00 1.35
Dev Site 1 250000 250000 258.53 967.00 27.13< ND 967.00 258.53
Guest/BackPack Unsp 1 776000 776000 2.64 294200.00 ND ND 294200.00 2.64
Reception/Function 1 2300000 2300000 1.75 1316000.00 ND ND 1316000.00 1.75
Retail Sgle Occ Unsp 1 250000 250000 258.53 967.00 27.13< ND 967.00 258.53
Retail Store/Showrm 1 780000 780000 559.14 1395.00 152.94< ND 1395.00 559.14
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 350000 350000 347.91 1006.00 116.67< ND 1006.00 347.91
Factory Unsp 3 250000 225000 154.37 1328.00 71.77< 91.27< 1309.67 190.89
Ind Dev Site 1 154000 154000 7.70 20000.00 ND 28.00< 20000.00 7.70
Warehouse Unspec 1 480000 480000 68.79 6978.00 ND ND 6978.00 68.79
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 3574 3574 18.35 3085.50 35.74< 32490.91< 3085.50 1.16
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 465000 465000 0.14 3420000.00 ND ND 3420000.00 0.14
Livestock – Beef 2 595000 595000 0.39 1637910.00 103.48< 66.48< 1637910.00 0.36
Livestock – Sheep 2 822000 822000 1.60 512385.50 274.00< 18.68< 512385.50 1.60
MixedFarm + impr 1 1250000 1250000 0.62 2032000.00 ND 171.23< 2032000.00 0.62
MixedFarm no impr 6 619500 435500 0.63 690450.00 107.53< 143.49< 961750.00 0.64
MixedFarm&GrazUnsp 38 529921 477500 1.46 361000.00 151.59< 91.83< 604104.11 0.88
Native Hardwood 3 262333 315000 0.18 109300.00 128.57< 141.26< 122356.00 2.14
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 3 340000 340000 229.17 1200.00 118.06< 132.04< 1851.33 183.65
Detached Home Unsp 67 277481 270000 262.73 1342.00 ND 114.41< 1581.17 177.08
Detached Home(exist) 80 266437 250000 305.78 1004.50 108.70< 96.15< 1144.82 229.41
Res/Rural Lstyle 100 435985 420000 32.78 19140.00 120.86< 105.13< 35959.07 12.12
ResLandWithImprovemt 1 142000 142000 67.94 2090.00 236.67< ND 2090.00 67.94
Single Strata Unsp 3 216666 210000 NA NA ND 97.67< NA NA
Strata Unit/Flat Uns 4 184000 187500 NA NA 89.29< 105.63< NA NA
Townhouse 4 192000 179000 NA NA 83.26< 76.17< NA NA
Vac Res A 37 104408 100000 98.81 1012.00 105.26< 90.91< 1074.94 93.81
Vac Res B 12 123916 115000 50.00 2700.00 103.14< 95.83< 2647.00 46.81
Vac Res in globo Oth 2 2170202 2170202 150.84 18978.00 1033.43< 1550.14< 18978.00 114.35
Vac Res/Rural Lstyle 36 218829 187550 14.38 21683.00 131.61< 118.70< 47538.39 4.60

Municipality totals
Industrial Total 6 Industrial Total Prices $1,734,000
Residential Total 349 Residential Total Prices $104,389,115
Commercial Total 7 Commercial Total Prices $5,866,000
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $7,149
Primary Production Total 53 Primary Production Total Prices $29,190,002
All Sales Total 417 All Sales Total $141,186,266

A Guide to Property Values 2013 Page 200

 Nillumbik Shire
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 898 88,000 98,966 102 76,550 82,253 532 35,000 42,897
1986 816 99,000 108,923 105 81,500 109,690 523 40,600 47,896
1987 958 108,950 122,088 138 86,000 102,884 475 44,500 60,237
1988 1,060 134,000 149,023 139 99,900 113,673 752 59,000 74,376
1989 774 165,000 187,736 70 132,650 163,982 357 85,500 110,747
1990 760 165,500 182,381 128 120,000 124,081 263 76,000 89,098
1991 791 160,000 175,047 119 117,900 122,442 340 70,000 73,655
1992 852 156,750 174,962 127 120,000 117,763 270 71,750 75,987
1993 827 159,000 176,043 124 126,000 123,919 298 72,750 80,917
1994 820 157,000 180,825 145 124,000 127,489 306 80,500 88,675
1995 852 163,000 183,026 124 128,250 131,362 237 95,000 106,589
1996 784 168,000 186,130 141 120,000 131,175 239 88,000 89,982
1997 983 170,000 194,080 170 130,000 137,249 337 103,000 106,863
1998 881 190,150 212,137 138 137,775 148,389 293 125,000 129,692
1999 1,032 221,750 240,665 140 165,000 172,045 294 120,250 130,445
2000 1,000 236,250 261,999 127 183,000 193,745 119 125,000 136,848
2001 1,055 280,000 314,574 164 223,000 223,960 115 132,000 134,464
2002 963 318,200 354,344 124 249,975 256,035 143 175,000 168,020
2003 933 360,500 393,752 150 271,000 290,984 210 180,000 191,426
2004 851 369,000 406,593 103 283,500 290,509 121 189,000 217,261
2005 858 381,375 432,272 143 289,500 309,331 130 175,000 194,223
2006 872 409,500 448,742 138 297,500 327,343 113 210,000 221,595
2007 958 450,000 497,402 197 326,133 344,201 103 200,000 210,961
2008 720 475,000 514,254 170 355,075 368,568 55 213,000 237,829
2009 687 499,000 532,882 199 385,000 401,006 72 210,000 274,024
2010 705 577,000 605,694 147 440,000 465,041 60 243,500 294,163
2011 607 582,500 611,532 129 450,000 460,292 62 273,500 325,935
2012 578 552,250 583,958 113 432,500 487,420 88 206,000 241,033
2013 633 581,500 609,754 118 442,500 465,010 67 328,000 321,630
2014 71 596,000 605,866 18 399,000 403,333 6 340,000 ^ 304,317 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 201

 Nillumbik Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 755000 755000 847.36 891.00 ND ND 891.00 847.36
Health Clinic Unsp 1 930000 930000 861.11 1080.00 ND ND 1080.00 861.11
Mixed Use Unsp 2 1102500 1102500 1980.26 704.00 31.17< ND 704.00 1566.05
Office Prem Unsp 2 451500 451500 NA NA ND 157.32< NA NA
Retail Store/Showrm 1 530000 530000 NA NA 18.73< ND NA NA
Shop 1 250000 250000 NA NA 68.03< 60.24< NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 750000 750000 NA NA 208.33< 190.84< NA NA
Factory Unsp 4 492375 510000 837.52 597.00 ND 117.24< 597.00 837.52
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 6 703466 642500 2.02 381530.00 ND 142.78< 471990.17 1.49
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 3 1395000 1400000 1382.03 1013.00 337.15< 205.88< 948.33 1471.00
Detached Home Unsp 300 618111 600000 816.19 846.00 ND 103.90< 1013.49 611.14
Detached Home(exist) 328 595900 562500 905.92 861.00 112.50< 96.57< 1035.82 576.52
House & Flat/Studio 1 220000 220000 924.37 238.00 ND ND 238.00 924.37
Res Investment Flat 3 405000 430000 NA NA ND ND NA NA
Res Land ($0) 1 580000 580000 781.67 742.00 ND ND 742.00 781.67
Res/Rural Lstyle 175 936695 850000 68.11 12997.50 105.59< 100.00< 31666.39 29.45
ResLandWithImprovemt 1 1100000 1100000 15.49 71022.00 ND ND 71022.00 15.49
Retire Village Unit 1 300000 300000 NA NA 111.11< 107.91< NA NA
Single Strata Unit 1 439000 439000 NA NA ND 86.08< NA NA
Single Strata Unsp 28 451717 422250 NA NA ND 93.31< NA NA
Strata Unit/Flat Uns 52 482898 464500 NA NA 122.25< 96.27< NA NA
Sub Div (Multi Lot) 1 5352303 5352303 79.04 67720.00 ND ND 67720.00 79.04
Terrace House 1 681000 681000 687.18 991.00 137.58< ND 991.00 687.18
Townhouse 32 456203 460500 NA NA 112.10< 111.29< NA NA
Vac Res A 63 323299 328000 309.90 756.50 156.19< 124.48< 735.85 407.96
Vac Res B 4 295344 315000 107.41 2908.00 176.97< 118.42< 2843.75 103.86
Vac Res in globo Oth 1 780000 780000 36.79 21200.00 ND 143.78< 21200.00 36.79
Vac Res/Rural Lstyle 27 621130 600000 47.33 13100.00 106.19< 144.23< 25794.00 24.08
Villa Unit 1 560000 560000 NA NA ND ND NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 1800000 1800000 1058.20 1701.00 ND ND 1701.00 1058.20

Municipality totals
Commercial Total 8 Commercial Total Prices $5,573,000
Primary Production Total 6 Primary Production Total Prices $4,220,800
Industrial Total 5 Industrial Total Prices $2,719,501
Residential Total 1,024 Residential Total Prices $650,899,761
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $1,800,000
All Sales Total 1,044 All Sales Total $665,213,062

A Guide to Property Values 2013 Page 202

 Northern Grampians Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 218 35,000 38,491 12 52,000 73,200 95 8,000 9,923

1986 186 41,000 46,265 9 62,000^ 60,222^ 83 7,700 8,691
1987 177 45,000 46,398 6 58,750^ 60,916^ 72 12,000 14,762
1988 207 48,500 53,360 8 52,250^ 56,937^ 72 15,750 21,320
1989 193 48,700 56,707 8 69,500^ 78,812^ 60 16,850 24,420
1990 177 57,500 61,416 10 74,250 86,000 64 20,000 20,302
1991 168 54,750 60,057 9 58,000^ 56,833^ 47 16,500 16,744
1992 198 63,000 63,879 9 85,000^ 82,500^ 43 22,500 21,387
1993 226 65,000 66,867 18 80,375 74,300 43 17,500 24,820
1994 221 68,500 73,143 10 84,500 79,925 56 20,000 22,641
1995 220 66,750 68,524 4 56,750^ 83,375^ 74 26,000 36,328
1996 186 65,000 72,483 2 77,750^ 77,750^ 61 28,500 36,323
1997 161 66,000 73,473 9 85,500^ 87,966^ 50 26,000 36,633
1998 201 70,000 78,649 6 89,500^ 81,833^ 53 25,500 33,964
1999 185 78,000 86,556 4 80,000^ 99,125^ 39 27,000 30,770
2000 237 72,500 81,237 5 82,000^ 77,500^ 54 33,000 36,261
2001 270 81,250 91,087 12 83,000 93,916 59 30,500 35,663
2002 293 84,000 104,266 9 93,000^ 101,722^ 87 38,500 40,020
2003 298 90,750 108,836 15 121,000 144,866 71 29,000 36,808
2004 293 120,000 135,434 11 119,000 182,159 71 29,000 35,717
2005 293 135,000 147,374 7 123,000^ 118,142^ 50 37,250 43,307
2006 204 136,000 150,059 17 178,000 200,117 30 32,750 43,521
2007 255 140,000 153,356 16 137,000 158,281 38 38,500 69,900
2008 237 140,000 152,047 8 185,000^ 211,500^ 28 36,625 48,262
2009 232 145,000 162,045 15 137,500 133,866 35 42,000 56,100
2010 180 150,000 166,997 18 124,250 192,111 29 55,000 64,468
2011 172 145,000 156,900 11 156,000 182,590 19 63,000 76,605
2012 162 159,000 174,868 15 137,000 169,033 16 42,500 44,281
2013 183 160,000 169,046 13 175,000 168,423 22 41,000 47,045
2014 39 173,000 179,607 2 135,000^ 135,000^ 3 61,500 ^ 86,500 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 203

 Northern Grampians Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Fuel Outlet/Garage 1 590000 590000 79.34 7436.00 ND ND 7436.00 79.34
Hotel/Motel Unsp 2 580000 580000 72.05 111867.00 ND ND 111867.00 5.18
Mixed Use Unsp 1 165000 165000 123.50 1336.00 330.00< ND 1336.00 123.50
Office Prem Unsp 1 220000 220000 344.29 639.00 ND ND 639.00 344.29
Pub/Tavern/Club Unsp 2 346037 346037 190.18 1968.00 ND ND 1968.00 175.83
Serv Apt/Unit Unsp 2 254000 254000 307.66 874.50 ND 120.95< 874.50 290.45
Shop & Dwelling 1 140000 140000 82.35 1700.00 ND ND 1700.00 82.35
Tourist Park/Caravan 1 1550000 1550000 41.01 37800.00 ND ND 37800.00 41.01
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 3 284500 140000 58.50 2393.00 52.11< ND 14538.67 19.57
Ind Dev Site 4 32000 24500 3.65 5607.00 ND ND 9486.75 3.37
Warehouse 1 142000 142000 65.77 2159.00 ND 109.23< 2159.00 65.77
Warehouse Unspec 1 80000 80000 16.00 5000.00 ND ND 5000.00 16.00
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 8 244563 222500 0.27 806150.00 131.05< 106.46< 950590.25 0.26
Livestock – Sheep 1 756540 756540 0.22 3403500.00 1163.91< 976.18< 3403500.00 0.22
MixedFarm no impr 1 194906 194906 0.17 1122100.00 113.32< 205.16< 1122100.00 0.17
MixedFarm&GrazUnsp 37 464246 307200 0.31 1249000.00 175.96< 122.88< 1289211.73 0.36
Poultry broiler 5 374000 288000 3.00 80800.00 ND ND 85928.40 4.35
Vineyard 1 210000 210000 2.61 80500.00 93.33< ND 80500.00 2.61
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 230000 230000 NA NA ND ND NA NA
Detached Home Unsp 116 169987 160000 133.74 972.00 ND 118.74< 1107.69 153.84
Detached Home(exist) 67 167417 160000 161.58 1005.50 110.34< 108.84< 1104.38 152.38
MisImpRuralLand Unsp 2 67500 67500 0.79 120950.00 ND 270.00< 120950.00 0.56
Res Co Sh Unit Unsp 1 230000 230000 NA NA ND ND NA NA
Res/Rural Lstyle 27 276452 295000 5.38 35300.00 140.48< 144.96< 55565.70 4.98
Retire Village Unit 4 93125 88333 NA NA 88.33< ND NA NA
Single Strata Unsp 1 144000 144000 NA NA ND 92.31< NA NA
Strata Unit/Flat Uns 4 193250 183000 NA NA 131.65< 121.19< NA NA
Townhouse 2 220000 220000 NA NA 153.04< 100.00< NA NA
Vac Res A 16 43875 37500 60.04 964.50 93.75< 49.50< 984.57 45.71
Vac Res B 6 55500 53500 18.22 2312.50 142.67< 178.33< 2398.67 23.14
Vac Res/Rural Lstyle 34 91479 56500 0.56 47670.00 66.67< 117.71< 59366.18 1.54

Municipality totals
Commercial Total 11 Commercial Total Prices $5,025,074
Industrial Total 9 Industrial Total Prices $1,203,500
Primary Production Total 53 Primary Production Total Prices $22,165,086
Residential Total 281 Residential Total Prices $44,869,495
All Sales Total 354 All Sales Total $73,263,155

A Guide to Property Values 2013 Page 204

 Port Phillip City
Residential price statistics 1985 to 2014

1,800,000

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,101 91,000 110,429 1,533 60,000 86,832 28 35,100 47,667

1986 926 108,000 128,397 1,294 65,000 112,400 10 60,000 58,650
1987 1,031 134,000 160,202 1,621 72,000 129,234 18 57,900 78,238
1988 1,114 182,750 216,158 1,670 99,250 182,530 12 72,000 99,041
1989 770 207,000 249,209 1,153 119,500 161,181 13 90,000 131,521
1990 737 189,000 221,429 1,224 114,500 141,587 9 47,000 ^ 84,055 ^
1991 800 180,000 209,187 1,158 109,250 132,685 8 79,000 ^ 78,625 ^
1992 827 190,000 225,457 1,784 108,000 137,056 11 67,640 73,074
1993 1,002 192,500 223,429 1,969 106,200 132,399 23 109,000 123,134
1994 1,007 209,000 240,380 2,133 118,000 151,271 49 125,000 118,307
1995 1,022 212,000 252,896 1,829 120,000 156,142 53 126,500 128,911
1996 1,253 240,500 269,168 1,991 125,000 170,158 48 110,000 128,539
1997 1,322 292,750 325,009 3,132 159,125 211,251 38 130,500 163,481
1998 1,172 330,000 365,309 2,701 177,500 222,955 30 66,000 423,599
1999 1,183 390,000 437,337 3,502 234,625 281,370 18 176,375 154,597
2000 1,098 410,000 462,425 3,471 255,500 290,448 22 106,500 126,379
2001 1,180 500,000 577,404 3,525 295,000 350,933 18 220,250 218,472
2002 1,108 547,750 624,476 3,032 336,000 391,541 3 86,500 ^ 85,666 ^
2003 1,084 580,000 680,649 2,749 350,000 435,775 0 0* 0*
2004 947 600,000 720,801 2,237 325,002 416,255 2 341,250 ^ 341,250 ^
2005 985 640,000 745,608 2,610 340,000 425,187 0 0* 0*
2006 1,036 682,000 830,972 2,983 362,500 481,341 1 295,000 ^ 295,000 ^
2007 1,056 858,500 1,076,716 3,812 400,000 511,554 0 0* 0*
2008 710 900,000 1,106,105 2,540 426,000 521,632 0 0* 0*
2009 775 925,000 1,089,787 2,886 454,985 548,071 0 0* 0*
2010 1,056 950,000 1,116,539 3,365 510,000 603,886 0 0* 0*
2011 913 910,000 1,105,488 2,682 515,000 595,766 2 132,500 ^ 132,500 ^
2012 775 1,040,000 1,178,652 1,996 505,000 591,723 0 0* 0*
2013 796 1,117,000 1,303,094 2,238 520,000 614,482 0 0* 0*
2014 58 1,115,500 1,313,612 246 512,000 590,806 0 0* 0*

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 205

 Port Phillip City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Cinema Complex 1 2530000 2530000 NA NA ND ND NA NA
Health Clinic Unsp 1 400000 400000 NA NA ND 40.00< NA NA
Mixed Use Unsp 13 2720355 1606000 9083.26 431.00 131.10< 80.30< 795.50 3226.17
Multi-level Office 7 14360714 10700000 14823.20 1435.00 602.65< 461.95< 1449.00 10985.16
Multi-storey CarPark 1 15300000 15300000 6586.31 2323.00 ND 3407.57< 2323.00 6586.31
Office Prem Unsp 72 2333410 436251 4107.07 520.50 162.54< 107.19< 1406.23 4733.03
Pub/Tavern/Club Unsp 5 1697000 1500000 2769.23 325.00 ND 76.16< 1026.00 1654.00
Restaurant 4 1571875 1693750 2535.86 2348.50 168.11< 45.29< 2381.00 660.17
Retail Mult Occ Unsp 2 775625 775625 13902.44 41.00 ND 91.68< 41.00 13902.44
Retail Store/Showrm 4 2210000 1805000 6497.50 601.00 195.14< 75.97< 692.33 3618.20
Shop 10 1389395 1030000 4117.59 384.00 123.21< 131.42< 765.83 1696.41
Shop & Dwelling 2 1161500 1161500 6363.35 183.00 76.15< 75.42< 183.00 6346.99
Strata/Subdiv Office 26 489928 308611 370.69 1504.00 106.08< 93.52< 1383.50 531.44
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 4000000 4000000 2271.44 1761.00 ND 228.57< 1761.00 2271.44
Halls&Service Rooms 1 6275000 6275000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 5 1379100 1453000 4457.42 364.00 66.05< 188.70< 434.80 3171.80
Ind Dev Site 1 3770000 3770000 9425.00 400.00 ND ND 400.00 9425.00
Storage Depot 1 24000000 24000000 608.63 39433.00 ND ND 39433.00 608.63
Warehouse 1 2650000 2650000 2234.40 1186.00 230.43< 582.42< 1186.00 2234.40
Warehouse Unspec 17 2137264 819500 887.03 5679.50 60.70< 90.85< 9092.83 384.60
Warehouse/Factory 1 12155976 12155976 2228.00 5456.00 1917.35< ND 5456.00 2228.00
Warehouse/Showroom 1 1540000 1540000 2933.33 525.00 104.76< ND 525.00 2933.33
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 5 18370 5500 27.36 201.00 12.05< 110.00< 201.00 27.36
Residential ($/SM) (SM) (SM) ($/SM)
Boarding/Dorm Unsp 1 1404000 1404000 3099.34 453.00 ND 75.99< 453.00 3099.34
Cojoin Strata Unsp 3 1138333 780000 2017.03 638.50 38.84< 134.48< 638.50 2063.43
Detached Home (new) 8 999187 928750 6979.38 141.00 77.40< 106.14< 152.33 7159.19
Detached Home Unsp 421 1251633 1040000 6139.53 215.00 210.10< 129.19< 277.87 4546.93
Detached Home(exist) 297 1363352 1220000 4922.60 231.00 131.89< 122.92< 300.56 4529.78
Half Pair or Duplex 2 974000 974000 3345.02 288.50 121.60< 130.56< 288.50 3376.08
Individual Car Park 53 17426 11000 3.52 2838.00 36.67< 52.40< 2864.00 6.45
Res Co Sh Unit Unsp 49 469568 467500 NA NA 82.74< 110.52< NA NA
Res Investment Flat 24 1526914 712500 995.76 472.00 64.04< 178.13< 1167.40 668.15
ResLandWithImprovemt 5 841096 60000 5357.14 392.00 600.00< 113.21< 392.00 5357.14
Retire Village Unit 9 523888 470000 NA NA 105.26< 96.31< NA NA
Semi-detached Unsp 33 1515760 1230000 9242.89 149.50 69.88< 72.14< 184.60 7806.98
Single Strata Unsp 99 883787 750000 NA NA 143.68< 107.91< NA NA
Storage Area 3 3533 4500 2.61 1643.50 9.00< 48.00< 1643.50 1.86
Strata Dwelling 5 558800 450000 NA NA 113.92< 104.13< NA NA
Strata Unit/Flat Uns 1901 591608 510000 NA NA 113.08< 99.03< NA NA
Terrace House 35 1298514 1200000 10112.01 169.00 123.71< 86.64< 193.67 6731.84
Townhouse 148 624945 531250 NA NA 109.76< 92.39< NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 2750000 2750000 4092.26 672.00 ND ND 672.00 4092.26

Municipality totals
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $2,750,000
Commercial Total 148 Commercial Total Prices $376,244,033
Community Services Total 2 Community Services Total Prices $10,275,000
Industrial Total 27 Industrial Total Prices $87,344,978
Infrastruc&Utilities Total 5 Infrastruc&Utilities Total Prices $91,850
Residential Total 3,096 Residential Total Prices $2,419,019,426
All Sales Total 3,279 All Sales Total $2,895,725,287

A Guide to Property Values 2013 Page 206

 Pyrenees Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 64 31,500 34,953 0 0* 0* 42 5,000 8,335

1986 56 34,000 43,253 0 0* 0* 67 9,500 12,991
1987 70 41,500 50,665 0 0* 0* 72 10,700 15,241
1988 102 45,000 45,949 1 18,000^ 18,000^ 57 10,300 15,370
1989 73 50,000 58,952 0 0* 0* 58 15,000 23,610
1990 80 58,500 62,211 0 0* 0* 68 16,250 18,142
1991 51 50,500 51,502 0 0* 0* 38 15,000 17,056
1992 54 52,500 63,047 0 0* 0* 29 11,000 14,072
1993 94 60,000 63,055 0 0* 0* 46 14,000 32,018
1994 88 50,000 66,404 1 104,000^ 104,000^ 50 14,000 15,680
1995 86 53,500 71,216 0 104,000* 104,000* 62 17,000 29,911
1996 85 58,000 79,775 0 104,000* 104,000* 58 19,242 42,487
1997 90 56,500 89,171 0 104,000* 104,000* 46 18,750 34,271
1998 79 56,000 104,366 0 104,000* 104,000* 42 20,000 36,296
1999 86 56,000 62,777 1 70,000^ 70,000^ 52 20,000 27,042
2000 112 66,500 83,657 3 40,000^ 45,000^ 32 17,250 22,175
2001 128 70,500 82,427 2 43,000^ 43,000^ 48 22,000 31,927
2002 126 87,500 104,573 3 56,000^ 80,333^ 103 21,000 28,084
2003 107 103,500 113,551 2 58,750^ 58,750^ 74 27,750 34,049
2004 108 118,000 117,810 1 83,000^ 83,000^ 62 26,750 34,221
2005 107 135,000 146,362 1 85,000^ 85,000^ 51 33,000 39,859
2006 83 133,000 145,799 0 85,000* 85,000* 49 37,500 63,637
2007 85 150,000 149,111 0 85,000* 85,000* 45 35,000 46,652
2008 84 150,000 160,252 0 85,000* 85,000* 23 42,000 50,221
2009 81 145,000 148,877 1 300,000^ 300,000^ 23 37,000 48,956
2010 70 158,000 160,623 1 190,000^ 190,000^ 31 44,000 62,693
2011 66 151,000 173,568 3 175,000^ 170,783^ 21 40,000 50,235
2012 49 178,500 177,053 4 209,000^ 215,750^ 30 47,000 41,255
2013 67 180,000 181,714 2 208,750^ 208,750^ 20 46,925 44,768
2014 4 172,500 ^ 169,375 ^ 0 208,750* 208,750* 5 45,000 ^ 59,400 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 207

 Pyrenees Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 60000 60000 0.71 84544.00 171.43< ND 84544.00 0.71
Mixed Use Unsp 5 175100 159000 52.27 2487.00 25.04< ND 30698.80 5.70
Pub/Tavern/Club Unsp 1 250000 250000 83.06 3010.00 ND 112.36< 3010.00 83.06
Retail Sgle Occ Unsp 1 60000 60000 0.71 84544.00 171.43< ND 84544.00 0.71
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 1 275000 275000 67.90 4050.00 491.07< 550.00< 4050.00 67.90
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 48000 48000 65.93 728.00 ND 147.92< 728.00 65.93
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 430000 430000 0.99 434650.00 63.11< 36.10< 434650.00 0.99
Livestock – Sheep 6 321652 219168 0.88 418175.50 14.67< 161.15< 839716.83 0.38
MixedFarm no impr 7 136282 107002 0.49 429387.00 53.23< 108.11< 480359.00 0.28
MixedFarm&GrazUnsp 32 445837 320000 0.25 782830.00 145.45< 216.26< 1198979.25 0.37
Native Hardwood 1 105000 105000 0.15 689530.00 ND ND 689530.00 0.15
Softwood Plantation 2 687500 687500 0.35 1983800.00 ND 538.84< 1983800.00 0.35
Vineyard 3 520000 350000 0.65 199500.00 ND 63.18< 541720.00 0.96
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 229500 229500 530.02 433.00 127.15< ND 433.00 530.02
Detached Home Unsp 38 178210 180000 125.67 1870.00 ND 120.20< 1766.24 100.74
Detached Home(exist) 28 184764 182500 145.45 1100.00 125.86< 119.67< 1274.81 141.00
Res/Rural Lstyle 61 217106 210000 15.19 20242.00 90.13< 93.33< 47616.28 4.56
ResLandWithImprovemt 2 107250 107250 31.23 5842.50 143.00< 46.99< 5842.50 18.36
Strata Unit/Flat Uns 1 235000 235000 NA NA 78.33< ND NA NA
Townhouse 1 182500 182500 NA NA ND 93.03< NA NA
Vac Res A 16 40710 45425 60.84 789.00 115.00< 113.56< 957.21 43.49
Vac Res B 4 61000 58500 30.69 2375.00 162.50< 150.00< 2638.00 23.12
Vac Res/Rural Lstyle 54 88995 69500 2.55 64795.00 133.01< 108.59< 64202.07 1.39

Municipality totals
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $48,000
Primary Production Total 52 Primary Production Total Prices $20,620,705
Commercial Total 8 Commercial Total Prices $1,245,500
Industrial Total 1 Industrial Total Prices $275,000
Residential Total 206 Residential Total Prices $31,751,497
All Sales Total 268 All Sales Total $53,940,702

A Guide to Property Values 2013 Page 208

 Borough of Queenscliffe
Residential price statistics 1985 to 2014

1,800,000

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 78 72,000 77,566 10 63,000 62,050 29 28,000 35,396

1986 79 83,000 89,250 15 74,000 77,653 18 43,750 50,805
1987 85 98,500 112,416 10 90,500 84,000 37 31,500 43,351
1988 100 116,000 123,082 8 80,450^ 85,487^ 81 35,000 46,532
1989 74 147,250 166,618 13 121,000 126,053 27 58,000 74,851
1990 76 143,250 160,855 10 152,500 139,600 15 82,000 78,766
1991 55 140,000 144,659 10 158,750 190,400 9 74,000 ^ 94,555 ^
1992 68 140,000 163,939 10 151,250 142,000 11 60,000 70,400
1993 82 135,000 159,287 18 146,500 166,694 12 77,750 77,791
1994 101 143,500 159,653 15 150,000 170,466 15 77,000 75,600
1995 100 148,000 159,375 12 134,750 136,083 43 49,000 55,400
1996 106 144,000 160,408 16 115,000 123,093 8 64,750 ^ 81,812 ^
1997 108 155,000 166,523 18 138,250 131,576 26 72,250 96,076
1998 114 159,500 176,960 17 93,000 114,882 17 50,000 66,897
1999 104 182,500 218,541 21 150,000 164,392 16 60,000 79,437
2000 106 227,000 285,584 15 220,000 231,783 13 82,000 92,576
2001 94 277,500 291,813 9 250,000^ 300,555^ 6 68,500 ^ 73,833 ^
2002 90 400,000 466,892 22 293,750 319,156 1 347,000 ^ 347,000 ^
2003 104 432,500 470,721 19 370,000 366,631 2 120,000 ^ 120,000 ^
2004 74 475,750 520,763 18 372,500 568,968 0 120,000 * 120,000 *
2005 89 500,000 669,248 12 365,000 418,908 4 258,750 ^ 235,625 ^
2006 103 550,000 651,515 31 325,000 378,661 8 342,500 ^ 317,508 ^
2007 160 525,000 602,727 45 379,396 437,903 10 299,000 325,768
2008 84 522,500 612,142 19 370,000 379,131 4 302,500 ^ 278,750 ^
2009 91 595,000 645,623 22 437,500 436,431 1 340,000 ^ 340,000 ^
2010 86 741,000 830,521 21 530,000 587,047 7 295,000 ^ 317,000 ^
2011 64 642,500 834,370 20 451,500 527,750 9 330,000 ^ 465,833 ^
2012 83 700,000 791,180 11 430,000 426,568 4 334,500 ^ 340,250 ^
2013 76 710,000 785,773 20 430,000 428,300 3 465,000 ^ 431,666 ^
2014 14 945,000 949,535 6 401,000^ 430,733^ 0 465,000 * 431,666 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 209

 Borough of Queenscliffe
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Guest/BackPack Unsp 1 900000 900000 1395.35 645.00 ND ND 645.00 1395.35
Pub/Tavern/Club Unsp 1 2200000 2200000 1066.93 2062.00 ND ND 2062.00 1066.93
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 1625000 1625000 2064.80 787.00 146.07< 175.68< 787.00 2064.80
Detached Home Unsp 32 881804 833500 2252.37 543.50 262.11< 127.64< 605.66 1455.95
Detached Home(exist) 43 694790 605000 679.30 633.00 101.77< 93.80< 603.30 1151.65
Res/Rural Lstyle 1 2425000 2425000 65.33 37120.00 ND 202.08< 37120.00 65.33
Retire Village Unit 1 392500 392500 NA NA 120.40< ND NA NA
Single Strata Unsp 4 422875 430000 NA NA 172.00< 148.28< NA NA
Strata Unit/Flat Uns 9 440777 460000 NA NA 105.75< 109.20< NA NA
Townhouse 6 419166 430000 NA NA 78.18< 89.58< NA NA
Vac Res A 3 431666 465000 1243.65 394.00 136.76< 140.91< 443.00 974.42

Municipality totals
Commercial Total 2 Commercial Total Prices $3,100,000
Residential Total 100 Residential Total Prices $72,004,750
All Sales Total 102 All Sales Total $75,104,750

A Guide to Property Values 2013 Page 210

 Greater Shepparton City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 813 57,000 61,459 94 58,800 79,653 421 18,000 19,340

1986 689 63,000 67,270 89 63,500 76,797 315 23,000 23,962
1987 713 68,000 75,655 102 62,450 66,915 294 24,500 26,143
1988 955 74,000 80,413 146 69,750 89,286 383 26,000 29,537
1989 709 84,500 94,321 112 73,700 94,146 368 29,000 31,517
1990 635 89,000 97,071 110 78,225 110,000 311 29,000 31,193
1991 600 89,000 96,542 85 83,000 96,642 251 31,000 33,747
1992 723 89,700 100,014 109 85,000 107,865 301 31,000 33,616
1993 730 94,750 102,244 101 86,000 98,214 330 34,125 37,474
1994 769 97,000 105,587 108 85,000 94,353 416 33,000 32,011
1995 685 100,000 111,425 97 90,000 101,003 273 36,000 39,688
1996 680 97,250 110,596 93 91,000 91,448 264 35,375 41,914
1997 782 100,000 114,802 127 83,000 89,617 311 39,000 49,412
1998 934 106,850 118,099 108 89,750 95,986 290 38,250 46,878
1999 935 115,000 124,317 128 94,000 107,725 365 42,500 45,064
2000 948 120,000 128,298 167 100,000 114,842 257 43,000 45,552
2001 1,050 136,000 144,860 191 105,000 116,340 397 50,500 54,344
2002 1,074 154,250 165,197 160 139,875 144,504 444 60,000 62,079
2003 1,001 170,000 184,126 152 160,500 169,009 411 74,000 81,687
2004 1,019 195,000 211,978 178 172,000 176,971 410 90,000 93,436
2005 956 206,500 223,324 157 170,000 187,120 358 95,000 97,059
2006 957 235,000 248,302 148 195,250 206,629 406 100,000 101,535
2007 950 230,000 249,908 141 192,000 207,641 334 100,000 106,368
2008 791 230,000 251,456 120 185,218 223,436 245 102,000 102,962
2009 883 226,500 240,832 137 200,000 208,361 431 102,000 101,997
2010 675 250,000 263,975 115 192,500 211,415 348 115,000 114,151
2011 670 241,250 258,395 102 199,500 203,736 280 111,000 112,958
2012 643 240,000 253,235 92 198,250 216,967 259 109,000 115,799
2013 664 246,500 266,826 119 196,000 207,834 205 110,000 115,648
2014 115 245,000 257,217 20 192,500 193,975 33 124,000 133,626

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 211

 Greater Shepparton City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 2 2236450 2236450 1168.35 1880.50 552.21< 1256.43< 1880.50 1189.28
LowRise Office Build 1 810000 810000 801.98 1010.00 ND ND 1010.00 801.98
Mixed Use Office 1 300000 300000 NA NA ND ND NA NA
Mixed Use Unsp 5 329296 265980 178.57 2198.00 52.47< 63.33< 2747.20 119.87
Office Prem Unsp 4 1205000 1445000 953.49 430.00 ND 401.39< 627.67 1821.56
Pub/Tavern/Club Unsp 1 400000 400000 1673.64 239.00 ND 146.52< 239.00 1673.64
Retail Sgle Occ Unsp 2 2236450 2236450 1168.35 1880.50 552.21< 1256.43< 1880.50 1189.28
Retail Store/Showrm 4 1380625 477500 2223.21 219.50 62.62< 77.64< 2336.75 590.83
Shop 2 386000 386000 953.27 107.00 145.66< 145.66< 107.00 953.27
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 350000 350000 366.49 955.00 44.87< 63.64< 955.00 366.49
Factory Unsp 5 995000 290000 252.79 1523.00 ND 76.32< 1247.33 193.75
Ind Dev Site 4 826000 534500 157.45 9787.00 178.17< 154.93< 9658.00 85.52
Warehouse 1 456500 456500 NA NA 87.79< 92.26< NA NA
Warehouse Unspec 6 2038333 1097500 475.92 3572.00 ND 261.19< 5580.00 201.79
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 4153 4153 NA NA ND 104.03< NA NA
Water Catchment Area 1 1100 1100 0.03 34520.00 ND ND 34520.00 0.03
WaterUrbanDistribut 2 8085 8085 0.08 34520.00 ND ND 34520.00 0.08
National Parks, etc ($/SM) (SM) (SM) ($/SM)
VacLnd FutureReserve 1 8157 8157 0.48 17131.00 ND ND 17131.00 0.48
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 5 365510 337550 0.26 633660.00 168.78< 76.88< 1347132.00 0.27
Livestock – Beef 7 375984 370000 0.57 646360.00 111.19< 49.57< 656533.00 0.57
Livestock – Dairy 16 460718 402500 0.55 656736.50 142.48< 131.97< 695669.25 0.66
Livestock – Sheep 1 900000 900000 0.43 2073200.00 ND ND 2073200.00 0.43
MixedFarm no impr 5 193000 200000 0.51 400000.00 66.67< 165.72< 379940.00 0.51
MixedFarm&GrazUnsp 73 336379 282002 0.65 478700.00 141.00< 103.11< 578203.19 0.58
Orchard Plantations 7 347857 300000 1.86 161567.00 75.48< 68.18< 341922.43 1.02
Residential ($/SM) (SM) (SM) ($/SM)
Cabin/Accommodation 1 265000 265000 132.50 2000.00 ND ND 2000.00 132.50
Detached Home (new) 8 382750 393500 511.95 790.50 129.02< 123.39< 853.38 448.51
Detached Home Unsp 220 269673 247000 336.96 736.00 268.48< 109.78< 948.06 282.29
Detached Home(exist) 435 263503 245000 274.32 740.00 108.53< 99.19< 844.49 312.71
MisImpRuralLand Unsp 1 66000 66000 3.09 21370.00 ND ND 21370.00 3.09
Res Investment Flat 12 239250 220000 1428.57 231.00 ND 112.82< 231.00 1428.57
Res/Rural Lstyle 102 353492 330000 32.12 8683.50 91.67< 94.56< 28013.86 12.65
ResLandWithImprovemt 3 278333 250000 51.46 7385.00 185.19< ND 39596.00 7.03
Single Strata Unsp 30 183870 167500 NA NA ND 83.75< NA NA
Strata Unit/Flat Uns 30 221700 216500 NA NA 109.62< 119.61< NA NA
Sub Div (Multi Lot) 2 1269250 1269250 121.25 15204.00 ND 292.04< 15204.00 83.48
Terrace House 1 158500 158500 NA NA ND ND NA NA
Townhouse 47 206260 199000 NA NA 97.07< 97.07< NA NA
Vac Res A 188 114913 110750 158.44 770.00 110.75< 100.45< 813.52 141.74
Vac Res B 17 123779 109500 58.88 2590.00 70.87< 59.19< 2725.18 45.42
Vac Res in globo Oth 4 1303115 1660918 4.88 170273.00 ND 474.55< 460312.00 2.83
Vac Res/Rural Lstyle 32 141418 110000 1.97 22013.50 102.80< 81.48< 52965.94 2.67

Municipality totals
Industrial Total 17 Industrial Total Prices $21,315,500
Infrastruc&Utilities Total 4 Infrastruc&Utilities Total Prices $21,423
Residential Total 1,133 Residential Total Prices $275,111,654
Commercial Total 22 Commercial Total Prices $23,216,780
National Parks, etc Total 1 National Parks, etc Total Prices $8,157
Primary Production Total 114 Primary Production Total Prices $40,686,642
All Sales Total 1,291 All Sales Total $360,360,156

A Guide to Property Values 2013 Page 212

 South Gippsland Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 391 43,000 46,185 16 48,550 49,968 414 7,200 10,451

1986 375 47,500 53,864 16 53,750 61,756 409 7,000 11,706
1987 413 50,000 57,809 16 68,000 69,118 392 9,600 15,192
1988 518 56,250 63,836 29 58,000 68,220 533 10,700 15,656
1989 451 66,000 75,781 32 72,800 77,106 420 19,250 23,936
1990 337 73,500 81,845 19 76,000 88,263 332 22,250 28,122
1991 294 74,250 80,681 22 84,500 82,050 241 22,000 26,781
1992 340 75,000 86,063 20 90,500 93,500 215 21,000 27,942
1993 401 76,500 86,308 24 78,000 80,000 232 21,250 26,673
1994 362 80,000 92,930 31 85,500 78,667 245 20,000 31,295
1995 371 80,000 92,971 8 96,000^ 91,875^ 203 19,000 46,799
1996 401 76,000 90,792 17 79,000 84,988 181 19,500 36,215
1997 477 72,000 90,224 23 85,000 107,152 171 16,750 29,651
1998 492 76,500 91,132 22 86,750 103,727 176 19,650 31,349
1999 495 84,000 103,648 28 76,500 82,589 231 25,000 29,157
2000 612 87,500 101,988 27 85,000 140,157 289 21,000 30,027
2001 821 92,500 109,578 53 92,000 116,207 642 22,000 30,009
2002 771 130,000 145,331 38 106,500 119,066 568 45,000 47,513
2003 735 157,000 174,956 50 147,848 156,387 383 68,000 68,524
2004 533 180,000 196,086 31 179,000 175,513 210 74,000 78,707
2005 462 200,000 219,945 36 181,000 191,387 177 80,000 89,233
2006 476 203,500 226,025 41 201,000 215,796 158 80,000 88,885
2007 621 215,000 233,809 48 227,000 211,421 259 93,000 100,710
2008 482 225,000 242,310 43 215,000 209,686 243 90,750 100,618
2009 563 230,000 240,388 62 213,475 213,613 213 94,000 102,202
2010 496 245,000 260,611 53 215,000 210,645 309 105,000 113,432
2011 429 260,000 275,162 57 253,000 256,510 183 109,500 115,314
2012 370 258,750 266,943 39 240,000 272,681 120 100,000 111,642
2013 396 255,000 274,697 23 245,000 255,860 99 111,000 124,291
2014 56 261,250 273,785 6 178,004^ 192,001^ 11 86,000 87,545

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 213

 South Gippsland Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Fuel Outlet/Garage 1 286000 286000 426.87 670.00 124.35< ND 670.00 426.87
Health Clinic Unsp 1 10000 10000 135.14 74.00 ND ND 74.00 135.14
Mixed Use Unsp 4 308902 274000 293.29 850.50 88.39< 59.31< 1689.75 182.81
Motel 1 800000 800000 391.58 2043.00 ND ND 2043.00 391.58
Office Prem Unsp 1 920000 920000 579.35 1588.00 ND ND 1588.00 579.35
Pub/Tavern/Club Unsp 2 800000 800000 351.54 2574.00 ND ND 2574.00 310.80
Restaurant 2 457500 457500 685.09 720.00 ND ND 720.00 635.42
Retail Mult Occ Unsp 1 700687 700687 448.87 1561.00 ND ND 1561.00 448.87
Retail Store/Showrm 3 584666 442500 728.85 1324.00 ND 268.18< 1061.00 551.05
Shop 1 210000 210000 208.75 1006.00 124.26< 97.90< 1006.00 208.75
Strata/Subdiv Office 1 390000 390000 1062.67 367.00 ND ND 367.00 1062.67
Supermarket 1 1374313 1374313 NA NA ND ND NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Vac Health Ser Site 1 385000 385000 35.00 11000.00 ND ND 11000.00 35.00
Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 2 492500 492500 28.17 18212.00 ND ND 18212.00 27.04
Factory 1 352000 352000 450.13 782.00 78.30< 148.84< 782.00 450.13
Factory Unsp 3 488333 600000 132.74 4520.00 310.08< 181.82< 22293.67 21.90
Ind Dev Site 2 172500 172500 82.83 2098.00 41.07< 265.38< 2098.00 82.22
Warehouse 1 464200 464200 315.78 1470.00 ND ND 1470.00 315.78
Warehouse Unspec 2 1937500 1937500 81.40 18017.00 ND 358.80< 18017.00 107.54
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 4000 4000 NA NA 1333.33< 72.07< NA NA
Unsp–TranspStorUtil 1 800000 800000 73.73 10850.00 ND ND 10850.00 73.73
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 4 483349 516698 1.54 529615.00 98.98< 68.89< 1029142.00 0.47
Livestock – Dairy 5 1436920 984000 6.96 384200.00 140.17< 175.71< 376395.20 3.82
Livestock – Sheep 1 465000 465000 0.19 2390000.00 ND 64.14< 2390000.00 0.19
MixedFarm + impr 1 1883750 1883750 1.43 1314000.00 ND 184.64< 1314000.00 1.43
MixedFarm no impr 10 445059 415000 3.35 403300.00 105.87< 188.64< 455464.89 1.08
MixedFarm&GrazUnsp 75 998508 635000 3.61 471510.00 211.67< 136.56< 782574.24 1.28
Residential ($/SM) (SM) (SM) ($/SM)
Age Care Amenities 1 450000 450000 154.11 2920.00 ND ND 2920.00 154.11
Detached Home (new) 10 309743 277000 396.55 580.00 89.35< 77.26< 668.29 380.17
Detached Home Unsp 146 282866 253500 273.55 822.50 ND 99.92< 938.54 296.32
Detached Home(exist) 240 268267 250000 384.13 794.00 108.70< 96.15< 980.22 271.41
Res Dev Site 1 607000 607000 35.43 17133.00 ND ND 17133.00 35.43
Res Investment Flat 1 272500 272500 NA NA ND 105.21< NA NA
Res/Rural Lstyle 182 406366 400000 35.53 13960.00 105.26< 102.96< 26884.41 15.12
Sep House & Curt 2 187500 187500 172.87 1022.00 ND ND 1022.00 183.46
Single Strata Unsp 3 283333 275000 NA NA ND 125.00< NA NA
Site Improvements 1 110000 110000 115.79 950.00 ND ND 950.00 115.79
Strata Unit/Flat Uns 5 253700 229000 NA NA 112.53< 84.81< NA NA
Townhouse 14 249557 245000 NA NA 108.89< 100.62< NA NA
Vac Res A 94 122695 112000 163.89 720.00 121.74< 103.94< 802.43 149.11
Vac Res B 5 154300 100001 72.59 2893.00 100.00< 76.92< 2776.60 55.57
Vac Res/Rural Lstyle 40 217472 185000 20.21 13725.00 127.59< 110.45< 28975.33 7.51

Municipality totals
Community Services Total 1 Community Services Total Prices $385,000
Industrial Total 11 Industrial Total Prices $7,486,200
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $804,000
Residential Total 745 Residential Total Prices $211,169,639
Commercial Total 19 Commercial Total Prices $10,195,610
Primary Production Total 96 Primary Production Total Prices $90,805,493
All Sales Total 874 All Sales Total $320,845,942

A Guide to Property Values 2013 Page 214

 Southern Grampians Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 274 40,000 47,330 10 53,750 62,600 73 6,000 8,815

1986 225 44,500 51,017 3 65,000^ 104,000^ 74 7,750 9,995
1987 233 50,000 62,787 3 63,500^ 81,166^ 82 9,000 15,358
1988 260 53,500 60,727 15 73,500 92,032 90 12,000 18,645
1989 239 61,600 68,490 7 74,000^ 103,200^ 82 11,250 18,328
1990 194 55,000 67,445 8 72,000^ 67,625^ 61 11,500 19,007
1991 172 55,000 60,578 8 75,750^ 86,187^ 41 14,000 16,996
1992 203 60,000 64,801 8 75,500^ 120,645^ 45 13,500 22,096
1993 194 62,750 72,010 6 67,500^ 73,500^ 37 15,000 24,524
1994 202 60,000 72,479 10 59,000 57,100 58 12,587 29,194
1995 225 64,000 83,664 6 84,500^ 132,675^ 56 25,250 44,682
1996 199 65,000 91,770 5 67,500^ 62,500^ 43 20,000 57,327
1997 215 62,000 86,092 11 80,000 98,772 69 22,000 40,881
1998 222 66,135 78,966 5 53,000^ 49,100^ 47 15,000 32,180
1999 215 68,000 88,798 5 70,000^ 70,600^ 54 20,000 68,028
2000 302 65,000 84,975 14 65,500 77,476 50 25,000 29,569
2001 374 75,000 96,126 26 77,500 79,153 113 28,950 35,198
2002 346 90,000 114,361 10 81,750 116,550 117 26,950 32,012
2003 309 130,000 141,309 14 126,500 132,785 111 35,000 43,138
2004 302 150,000 163,087 18 192,500 192,527 80 41,950 47,748
2005 286 180,000 190,245 23 223,000 197,787 76 48,750 59,304
2006 291 180,000 211,995 7 250,000^ 262,557^ 57 58,000 60,949
2007 279 180,000 202,448 20 205,750 200,625 59 64,000 70,398
2008 230 192,250 222,885 25 220,000 221,514 28 61,500 61,410
2009 237 178,000 197,965 21 195,000 219,685 35 80,000 86,229
2010 176 185,000 210,638 8 217,000^ 209,500^ 22 57,500 63,700
2011 185 197,000 214,993 15 220,000 232,533 41 94,000 98,912
2012 180 178,000 192,537 16 184,500 187,469 23 80,000 72,732
2013 175 185,000 191,685 17 172,000 157,823 18 67,000 65,694
2014 23 165,000 164,613 1 200,000^ 200,000^ 5 87,000 ^ 80,690 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 215

 Southern Grampians Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
CarPark – OpenAir 1 235000 235000 183.59 1280.00 ND ND 1280.00 183.59
Hotel/Motel Unsp 1 1280000 1280000 636.18 2012.00 ND ND 2012.00 636.18
LowRise Office Build 1 660000 660000 1028.04 642.00 ND ND 642.00 1028.04
Mixed Use Unsp 1 88000 88000 43.24 2035.00 ND 48.22< 2035.00 43.24
Multi-level Office 1 5760000 5760000 1714.80 3359.00 ND ND 3359.00 1714.80
Office Prem Unsp 1 1006500 1006500 334.27 3011.00 ND 220.00< 3011.00 334.27
Retail Mult Occ Unsp 2 185000 185000 209.78 862.00 ND 486.84< 862.00 214.62
Shop 2 228000 228000 804.47 290.00 209.66< 69.09< 290.00 786.21
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 230000 230000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 2 284500 284500 147.92 1820.50 150.73< 124.51< 1820.50 156.28
Warehouse 1 320000 320000 246.15 1300.00 ND ND 1300.00 246.15
Warehouse Unspec 1 286000 286000 8.93 32010.00 ND 53.96< 32010.00 8.93
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 14 584448 422172 0.14 1116590.00 ND 174.38< 1174348.57 0.50
GenCrop >20ha Unsp 1 233125 233125 0.62 377400.00 62.29< ND 377400.00 0.62
Livestock – Sheep 21 609509 452680 0.38 1300000.00 93.02< 159.71< 1538286.95 0.40
MixedFarm no impr 1 130000 130000 0.59 220000.00 37.48< 53.87< 220000.00 0.59
MixedFarm&GrazUnsp 40 523552 348000 0.58 538450.00 149.68< 139.13< 1505512.93 0.35
NatBshland NoAgreem 1 748783 748783 0.50 1484656.00 ND ND 1484656.00 0.50
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 1 270000 270000 389.61 693.00 ND 144.00< 693.00 389.61
Detached Home Unsp 54 191194 166500 318.24 923.50 ND 75.68< 1126.32 169.11
Detached Home(exist) 120 191254 187500 239.34 897.00 104.75< 100.00< 1054.29 182.88
MisImpRuralLand Unsp 3 88166 65000 1.16 48600.00 216.67< ND 33518.33 2.63
Res Investment Flat 1 172000 172000 NA NA ND ND NA NA
Res/Rural Lstyle 46 349126 355000 11.74 16849.00 140.87< 126.11< 35972.22 9.71
ResLandWithImprovemt 2 8000 8000 4.95 2600.00 93.46< 22.86< 2600.00 3.08
Single Strata Unsp 2 206000 206000 NA NA ND 56.83< NA NA
Strata Unit/Flat Uns 6 237000 188500 NA NA 92.63< 90.19< NA NA
Townhouse 8 84625 72000 NA NA 38.40< 32.00< NA NA
Vac Res A 17 67852 68000 24.72 809.00 84.18< 71.96< 861.40 75.30
Vac Res B 1 29000 29000 14.34 2023.00 40.28< 85.29< 2023.00 14.34
Vac Res/Rural Lstyle 24 188311 120000 1.56 27259.50 143.28< 133.33< 94198.04 2.00
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
Bowling Club 1 235000 235000 131.80 1783.00 ND ND 1783.00 131.80

Municipality totals
Community Services Total 1 Community Services Total Prices $230,000
Industrial Total 4 Industrial Total Prices $1,175,000
Residential Total 285 Residential Total Prices $58,270,280
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $235,000
Commercial Total 10 Commercial Total Prices $9,855,500
Primary Production Total 78 Primary Production Total Prices $43,035,958
All Sales Total 379 All Sales Total $112,801,738

A Guide to Property Values 2013 Page 216

 Stonnington City
Residential price statistics 1985 to 2014

1,800,000

1,600,000

1,400,000

1,200,000

1,000,000

800,000

600,000

400,000

200,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,381 122,000 169,473 1,281 72,000 99,026 9 53,000 ^ 69,044 ^

1986 1,188 137,500 216,773 929 78,000 136,340 13 230,000 356,415
1987 1,211 166,000 295,004 1,112 83,000 140,005 5 170,000 ^ 184,000 ^
1988 1,369 237,500 370,604 1,513 119,500 199,229 8 92,000 ^ 122,062 ^
1989 919 271,000 416,772 1,118 132,000 186,617 2 73,000 ^ 73,000 ^
1990 1,003 250,000 384,257 1,099 135,000 182,373 2 62,250 ^ 62,250 ^
1991 1,080 234,500 343,451 1,161 130,000 177,317 6 78,000 ^ 87,000 ^
1992 1,089 237,000 328,259 1,137 133,500 184,202 3 88,500 ^ 87,833 ^
1993 1,174 240,075 319,855 1,371 125,000 162,821 5 60,000 ^ 61,000 ^
1994 1,345 283,000 381,884 1,817 135,400 185,448 21 70,000 81,818
1995 1,359 264,000 364,830 1,313 144,750 189,014 23 80,000 74,146
1996 1,402 272,250 377,059 1,504 138,750 185,660 34 72,000 64,528
1997 1,758 328,250 453,100 2,090 165,000 211,649 15 52,000 50,744
1998 1,467 365,000 486,747 1,793 180,000 238,726 10 103,025 167,805
1999 1,485 417,500 576,002 1,852 220,000 276,936 11 53,400 86,832
2000 1,312 450,000 627,692 1,722 221,000 279,660 13 112,000 238,573
2001 1,545 540,000 728,521 2,256 295,000 373,547 28 199,305 341,904
2002 1,303 605,500 831,285 1,767 324,500 427,435 8 95,250 ^ 89,250 ^
2003 1,369 670,000 912,711 1,767 330,000 429,555 7 125,000 ^ 156,667 ^
2004 1,169 695,000 989,597 1,509 333,000 435,939 7 188,000 ^ 238,064 ^
2005 1,243 760,000 1,067,084 1,706 349,250 465,793 7 170,000 ^ 236,200 ^
2006 1,274 836,250 1,204,049 1,903 364,000 494,929 13 172,500 187,253
2007 1,386 1,020,000 1,486,576 2,397 420,000 566,893 17 230,000 286,840
2008 1,007 1,045,000 1,510,870 1,704 422,250 527,365 11 227,500 256,054
2009 1,126 1,161,000 1,561,922 2,342 450,000 558,554 0 227,500 * 256,054 *
2010 1,394 1,115,000 1,494,169 2,372 524,500 643,292 27 495,000 537,685
2011 1,098 1,177,500 1,585,981 1,701 512,000 649,635 20 447,000 521,612
2012 982 1,240,000 1,651,543 1,682 519,825 657,773 2 381,000 ^ 381,000 ^
2013 1,081 1,345,000 1,771,537 1,617 555,000 694,647 1 302,500 ^ 302,500 ^
2014 69 1,146,000 1,628,333 145 515,000 628,267 0 302,500 * 302,500 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 217

 Stonnington City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 1193500 1193500 NA NA ND ND NA NA
CarPark – OpenAir 1 5300000 5300000 NA NA ND ND NA NA
Dev Site 4 7283750 1812500 54.81 13866.00 56.46< 68.50< 13866.00 54.81
Fuel Outlet/Garage 1 1900000 1900000 2543.51 747.00 ND 34.30< 747.00 2543.51
Guest/BackPack Unsp 1 3250000 3250000 2973.47 1093.00 ND ND 1093.00 2973.47
Health Clinic Unsp 1 2354000 2354000 NA NA ND 159.59< NA NA
LowRise Office Build 3 7365000 6300000 7795.28 381.00 283.78< ND 381.00 7795.28
Mixed Use Unsp 8 4107031 3588125 5949.23 578.00 588.22< 590.64< 659.00 7229.70
Multi-level Office 3 3183333 3500000 7351.97 409.00 196.88< 542.64< 409.00 5806.85
Multi-storey CarPark 1 6250000 6250000 5156.77 1212.00 2981.16< ND 1212.00 5156.77
Office Cvrt Dwelling 1 3400000 3400000 NA NA ND ND NA NA
Office Prem Unsp 15 425345 312000 2295.28 381.00 ND 52.13< 381.00 2295.28
Pub/Tavern/Club Unsp 1 3443275 3443275 2981.19 1155.00 43.04< 79.16< 1155.00 2981.19
Restaurant 3 1991666 1325000 4467.01 2289.50 38.69< 109.73< 2289.50 1015.51
Retail Mult Occ Unsp 2 2300000 2300000 NA NA ND 228.86< NA NA
Retail Sgle Occ Unsp 4 7283750 1812500 54.81 13866.00 56.46< 68.50< 13866.00 54.81
Retail Store/Showrm 2 1218500 1218500 5430.31 246.00 70.23< 35.99< 246.00 4953.25
Shop 14 1435500 1490000 7783.02 212.00 215.01< 175.71< 529.09 2318.21
Strata/Subdiv Office 7 777142 590000 NA NA 93.84< 159.46< NA NA
Veterinary Clinic 1 800000 800000 2730.38 293.00 ND ND 293.00 2730.38
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 2 3300000 3300000 3775.40 881.00 ND ND 881.00 3745.74
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 950000 950000 4166.67 228.00 ND ND 228.00 4166.67
Factory Unsp 3 1550416 1300000 6842.11 190.00 104.84< 92.04< 303.00 5116.89
Garage/Motor Vehicle 1 770000 770000 2592.59 297.00 ND ND 297.00 2592.59
Ind Dev Site 1 645000 645000 6861.70 94.00 ND ND 94.00 6861.70
Warehouse 2 2035000 2035000 4683.22 432.50 107.11< 69.10< 432.50 4705.20
Residential ($/SM) (SM) (SM) ($/SM)
Boarding/Dorm Unsp 8 715000 615000 280.26 2239.00 164.00< 88.81< 2239.00 270.21
Cojoin Strata Unsp 26 914641 840000 2544.91 334.00 277.46< 125.61< 310.78 3233.35
Detached Home (new) 18 1461022 1215000 4231.53 278.00 144.21< 74.71< 307.33 5074.57
Detached Home Unsp 537 1733731 1371000 3683.93 473.00 318.84< 129.25< 514.15 3439.51
Detached Home(exist) 492 1867214 1349000 3104.17 480.00 111.49< 105.39< 537.90 3479.94
Half Pair or Duplex 2 910000 910000 NA NA 91.00< 88.35< NA NA
Individual Car Park 16 37884 26350 NA NA 76.38< 61.28< NA NA
Res Investment Flat 24 1609783 607500 5370.63 715.00 128.57< 99.59< 660.33 3487.28
Res/Rural Lstyle 2 16165000 16165000 3675.72 4440.00 2448.32< 3417.19< 4440.00 3640.77
ResLandWithImprovemt 5 581100 715000 3426.17 295.00 1894.04< 234.43< 929.00 690.39
Retire Village Compl 1 9900000 9900000 NA NA ND ND NA NA
Retire Village Unit 4 402500 375000 NA NA 88.44< 60.00< NA NA
Semi-detached Unsp 8 914530 865875 2364.24 379.50 ND 93.56< 364.75 2507.28
Single Strata Unit 1 600000 600000 NA NA 137.93< 130.15< NA NA
Single Strata Unsp 127 866878 730000 603.22 1119.00 253.03< 146.00< 1119.00 603.22
Strata Dwelling 3 468333 435000 NA NA 99.43< 36.71< NA NA
Strata Unit/Flat Uns 1288 636626 526750 NA NA 119.15< 105.35< NA NA
Terrace House 24 1246416 1237500 7762.56 219.00 153.25< 102.10< 261.06 5033.23
Townhouse 143 884482 665000 NA NA 115.65< 99.55< NA NA
Vac Res A 1 302500 302500 595.47 508.00 ND 67.67< 508.00 595.47
Villa Unit 1 665000 665000 NA NA ND 148.60< NA NA

Municipality totals
Industrial Total 8 Industrial Total Prices $11,086,250
Commercial Total 74 Commercial Total Prices $195,591,204
Community Services Total 2 Community Services Total Prices $6,600,000
Residential Total 2,731 Residential Total Prices $3,090,040,641
All Sales Total 2,815 All Sales Total $3,303,318,095

A Guide to Property Values 2013 Page 218

 Strathbogie Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 118 43,500 47,927 5 49,500^ 50,400^ 99 10,000 11,555

1986 117 45,000 46,560 16 43,750 50,637 83 9,500 20,903
1987 105 57,500 67,169 11 57,500 60,136 73 14,000 22,009
1988 157 56,500 62,775 20 56,750 66,195 82 15,250 22,132
1989 112 69,000 76,166 15 60,500 69,493 123 18,700 22,392
1990 89 66,500 73,178 9 77,500^ 74,738^ 71 20,950 24,486
1991 98 77,000 80,464 10 80,000 80,250 41 17,500 20,841
1992 96 66,500 76,023 11 75,000 65,254 52 21,500 31,597
1993 121 73,950 81,927 5 81,000^ 79,300^ 58 21,500 29,336
1994 109 70,000 81,867 6 69,000^ 68,500^ 47 27,500 41,665
1995 119 77,000 106,412 5 70,000^ 75,100^ 53 25,000 43,628
1996 125 80,500 99,455 5 73,000^ 70,100^ 66 25,000 39,892
1997 146 75,750 97,202 11 62,000 74,909 57 25,000 37,223
1998 162 75,000 100,539 12 70,000 72,875 53 25,000 56,908
1999 140 89,000 110,998 15 72,500 77,300 53 21,000 32,262
2000 174 85,000 104,001 19 78,000 77,331 47 21,000 37,318
2001 168 93,500 103,243 17 95,000 107,088 62 21,750 29,831
2002 185 108,000 126,981 15 94,500 94,363 75 23,500 33,577
2003 166 137,250 142,047 9 120,000^ 109,000^ 83 27,000 35,519
2004 158 155,000 172,616 7 153,000^ 161,214^ 82 50,000 48,835
2005 175 170,000 185,155 9 155,000^ 160,944^ 38 66,500 58,276
2006 176 179,000 195,575 12 195,000 216,427 59 76,000 79,550
2007 171 190,000 215,898 21 165,000 187,030 59 83,000 91,602
2008 150 190,000 218,617 14 175,000 176,392 28 69,640 73,540
2009 175 188,000 214,313 19 190,000 193,605 45 72,500 78,700
2010 145 225,000 243,498 23 254,000 236,086 42 78,500 84,435
2011 119 215,000 226,949 11 230,000 245,545 45 94,000 102,731
2012 144 220,000 229,558 26 191,500 200,307 53 85,000 101,075
2013 162 233,500 253,104 17 195,000 206,558 38 87,750 90,285
2014 22 202,500 212,954 8 254,500^ 249,625^ 6 91,650 ^ 85,633 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 219

 Strathbogie Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 1 270000 270000 4.50 60000.00 ND 67.50< 60000.00 4.50
Fuel Outlet/Garage 1 1370000 1370000 251.15 5455.00 ND ND 5455.00 251.15
Guest/BackPack Unsp 11 386181 333000 13.50 20000.00 ND 66.70< 21459.91 18.00
Hotel/Gaming 1 150000 150000 NA NA ND ND NA NA
Office Prem Unsp 2 1427500 1427500 NA NA ND ND NA NA
Pub/Tavern/Club Unsp 1 280000 280000 933.33 300.00 ND ND 300.00 933.33
Retail Sgle Occ Unsp 1 270000 270000 4.50 60000.00 ND 67.50< 60000.00 4.50
Strata/Subdiv Office 1 160000 160000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 1 430000 430000 4.30 100000.00 ND ND 100000.00 4.30
Factory Unsp 3 211000 220000 38.13 3750.00 181.82< ND 4943.33 42.68
Major Ind Complex 1 90000 90000 31.03 2900.00 ND ND 2900.00 31.03
Warehouse Unspec 2 110000 110000 212.88 1009.50 ND ND 1009.50 108.96
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Cable Lines,Conduit 1 292238 292238 29.22 10000.00 ND ND 10000.00 29.22
Closed Roads 1 10000 10000 1.83 5455.00 27.99< ND 5455.00 1.83
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 1 195000 195000 0.29 670000.00 21.67< 23.42< 670000.00 0.29
Horse Unspecified 4 1418750 972500 1.59 625000.00 ND 381.37< 1107500.00 1.28
Livestock – Beef 7 605000 330000 1.90 500000.00 134.69< 57.14< 1299388.57 0.47
Livestock – Sheep 2 340000 340000 0.98 535000.00 36.36< 78.79< 535000.00 0.64
MarketGardenVeg <20h 2 337500 337500 6.35 65000.00 421.88< ND 65000.00 5.19
MixedFarm no impr 8 269236 280000 0.34 825000.00 84.85< 81.75< 1214127.75 0.22
MixedFarm&GrazUnsp 42 446457 285000 0.45 750514.50 102.70< 75.50< 1185038.52 0.38
Piggery 1 165002 165002 0.36 460000.00 ND ND 460000.00 0.36
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 7 295285 315000 207.39 950.00 ND 134.04< 954.25 263.82
Detached Home Unsp 79 270942 250000 183.33 1200.00 ND 111.73< 13665.09 20.00
Detached Home(exist) 76 230677 209000 143.00 1000.00 112.97< 103.21< 1142.40 200.81
MisImpRuralLand Unsp 1 100000 100000 3.33 30000.00 ND ND 30000.00 3.33
Res Land ($0) 1 80000 80000 67.91 1178.00 ND 69.57< 1178.00 67.91
Res/Rural Lstyle 51 338186 287000 7.50 20000.00 90.39< 92.58< 36815.04 9.19
ResLandWithImprovemt 2 38333 38333 27.45 1657.50 72.33< 11.79< 1657.50 23.13
Single Strata Unsp 7 214285 195000 NA NA ND 111.43< NA NA
Strata Unit/Flat Uns 5 179200 135000 NA NA 72.00< 49.54< NA NA
Townhouse 5 223100 265000 NA NA 101.92< 102.32< NA NA
Vac Res A 31 94188 89000 116.70 994.00 126.69< 89.45< 1068.95 89.31
Vac Res B 7 73000 60000 44.49 2023.00 77.17< 70.59< 2291.00 31.86
Vac Res in globo Oth 1 797501 797501 19.94 40000.00 ND 199.38< 40000.00 19.94
Vac Res/Rural Lstyle 23 122790 95000 4.75 20000.00 128.81< 74.07< 37516.04 3.27

Municipality totals
Commercial Total 19 Commercial Total Prices $9,603,000
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $302,238
Primary Production Total 67 Primary Production Total Prices $32,530,117
Residential Total 296 Residential Total Prices $69,071,113
Industrial Total 7 Industrial Total Prices $1,373,000
All Sales Total 391 All Sales Total $112,879,468

A Guide to Property Values 2013 Page 220

 Surf Coast Shire
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 338 61,500 67,890 24 49,000 57,470 461 17,000 21,371

1986 296 68,500 80,938 35 65,000 81,634 378 22,000 27,255
1987 325 77,500 90,804 38 65,750 76,371 304 27,000 34,829
1988 415 84,500 101,053 62 86,000 135,611 361 30,000 36,493
1989 373 116,000 132,123 53 81,000 111,862 355 38,500 48,869
1990 269 120,000 132,828 55 97,500 116,240 295 44,000 53,035
1991 250 120,000 146,095 45 116,000 129,155 229 45,000 51,878
1992 245 126,000 139,716 51 95,500 99,968 180 42,250 57,243
1993 298 123,750 134,815 62 115,750 129,067 264 47,000 55,998
1994 383 130,000 146,769 51 112,500 115,114 288 45,500 60,256
1995 355 125,000 141,629 46 97,000 111,065 257 44,000 57,640
1996 378 126,000 144,133 47 102,500 118,686 201 43,500 60,514
1997 520 132,000 153,383 68 105,500 127,778 479 39,000 50,132
1998 618 140,000 163,645 109 122,000 146,146 373 48,000 61,730
1999 676 150,000 180,639 140 177,000 198,713 478 52,750 60,879
2000 666 188,220 215,602 139 185,000 237,069 320 65,000 68,265
2001 736 248,000 267,660 152 235,000 265,191 450 95,000 105,542
2002 709 312,500 360,217 104 297,500 318,163 250 140,000 136,758
2003 655 348,000 396,417 92 332,000 415,565 263 165,000 168,361
2004 627 375,000 418,136 147 343,000 401,496 259 175,000 189,399
2005 628 388,250 458,486 153 394,000 470,803 275 179,000 191,952
2006 591 398,000 461,157 161 420,000 467,221 287 194,740 208,000
2007 781 442,000 502,228 177 400,000 454,159 377 205,000 217,545
2008 526 481,000 541,097 161 480,000 523,594 255 210,000 227,559
2009 617 488,000 547,987 176 447,500 536,838 315 215,000 219,597
2010 633 550,000 625,793 163 450,000 491,848 370 243,500 261,430
2011 530 577,500 637,003 129 470,000 500,517 163 285,000 320,363
2012 470 571,000 643,555 106 470,750 518,873 140 256,500 271,820
2013 590 587,000 639,931 154 440,000 482,224 170 249,000 273,138
2014 89 580,000 652,276 24 438,000 456,027 41 245,000 258,100

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 221

 Surf Coast Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 2 1100000 1100000 1836.10 609.50 244.44< 312.50< 609.50 1804.76
Hotel/Motel Unsp 2 952500 952500 2.04 785587.00 ND 7.17< 785587.00 2.04
Major Infrastructure 1 1705000 1705000 320.79 5315.00 ND ND 5315.00 320.79
Office Prem Unsp 1 590800 590800 NA NA ND ND NA NA
Pub/Tavern/Club Unsp 1 8513369 8513369 NA NA ND 851.34< NA NA
Restaurant 1 1391500 1391500 1298.04 1072.00 85.00< ND 1072.00 1298.04
Retail Sgle Occ Unsp 2 1100000 1100000 1836.10 609.50 244.44< 312.50< 609.50 1804.76
Shop 2 650000 650000 2380.07 271.00 111.11< 105.26< 271.00 2380.07
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 2 292600 292600 760.24 655.00 56.27< ND 655.00 446.72
Factory Unsp 4 603750 537500 102.13 7943.50 ND 159.22< 9055.00 66.68
Ind Dev Site 3 359666 320000 258.65 1508.50 ND 60.61< 1508.50 251.57
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 900000 900000 1.48 607176.00 ND ND 607176.00 1.48
GenCrop >20ha Unsp 1 284906 284906 0.11 2488730.00 ND 36.94< 2488730.00 0.11
Livestock – Beef 4 1202500 1295001 2.55 504983.00 ND ND 870633.75 1.38
Livestock – Sheep 2 1260000 1260000 4.38 586967.00 ND 132.63< 586967.00 2.15
MarketGardenVeg <20h 1 1500000 1500000 9.26 161900.00 365.85< ND 161900.00 9.26
MixedFarm + impr 1 2985000 2985000 0.96 3109994.00 ND ND 3109994.00 0.96
MixedFarm no impr 3 545000 595000 1.48 401121.00 74.38< 143.37< 405873.67 1.34
MixedFarm&GrazUnsp 24 738408 766581 0.80 417906.50 122.65< 138.43< 537872.17 1.37
Poultry broiler 1 1054120 1054120 8.34 126416.00 ND ND 126416.00 8.34
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 7 774285 690000 314.37 668.00 138.00< 132.06< 642.14 1205.78
Detached Home Unsp 217 640746 587000 685.24 664.00 127.61< 99.49< 782.92 827.33
Detached Home(exist) 365 637299 585000 694.24 668.00 120.00< 102.45< 779.54 819.85
Res Dev Site 3 465666 432000 192.07 2674.00 32.73< ND 2674.00 149.03
Res Investment Flat 2 825000 825000 NA NA 9.17< 178.57< NA NA
Res/Rural Lstyle 70 821176 722500 43.73 12021.00 125.11< 115.60< 28941.04 28.37
ResLandWithImprovemt 3 585533 611599 176.88 6235.00 642.10< 53.65< 6235.00 91.15
Single Strata Unit 3 440000 400000 NA NA ND 176.29< NA NA
Single Strata Unsp 45 527401 515000 NA NA ND 128.75< NA NA
Strata Unit/Flat Uns 79 458032 384000 NA NA 83.93< 76.80< NA NA
Terrace House 1 483333 483333 1193.41 405.00 81.23< 219.70< 405.00 1193.41
Townhouse 25 455000 437500 NA NA 104.17< 89.74< NA NA
Vac Res A 159 273796 248000 475.43 604.50 118.10< 85.66< 643.48 445.05
Vac Res B 11 263636 260000 127.01 2677.00 247.62< 228.07< 2655.91 99.26
Vac Res in globo Oth 2 450000 450000 70.85 6351.00 227.56< 130.43< 6351.00 70.85
Vac Res/Rural Lstyle 38 437393 393500 13.08 16814.00 119.97< 103.55< 47998.30 9.32

Municipality totals
Commercial Total 12 Commercial Total Prices $19,805,669
Industrial Total 9 Industrial Total Prices $4,079,202
Primary Production Total 38 Primary Production Total Prices $33,410,840
Residential Total 1,030 Residential Total Prices $576,412,840
All Sales Total 1,089 All Sales Total $633,708,551

A Guide to Property Values 2013 Page 222

 Swan Hill Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 212 52,500 56,194 15 58,500 70,740 114 15,000 14,080

1986 213 55,400 60,053 23 58,000 69,156 66 16,250 20,206
1987 252 57,750 59,562 18 64,000 67,400 68 14,250 15,977
1988 333 60,000 63,303 32 63,500 72,884 106 17,500 17,854
1989 283 69,500 75,934 31 66,000 75,258 123 21,000 22,331
1990 234 75,000 78,722 15 81,000 85,480 68 19,000 20,580
1991 216 71,375 74,540 18 79,750 83,944 57 24,000 25,695
1992 246 70,000 75,042 33 82,000 83,000 66 27,250 28,293
1993 318 76,750 82,144 24 74,000 83,486 62 26,193 33,856
1994 273 75,000 79,802 32 79,700 74,967 74 24,500 26,181
1995 262 75,750 86,354 45 80,000 84,094 86 25,000 41,962
1996 299 85,000 92,180 21 82,500 86,842 82 27,250 56,834
1997 337 85,000 90,366 43 81,000 87,018 83 29,500 42,934
1998 303 84,000 87,131 34 97,250 101,602 88 34,500 54,872
1999 321 88,000 98,684 31 86,500 85,643 92 32,820 32,565
2000 348 94,750 103,741 49 105,000 104,596 82 42,000 40,008
2001 384 95,000 111,109 47 108,000 107,047 116 38,040 40,154
2002 361 122,000 129,025 43 114,000 124,316 118 45,000 47,162
2003 375 140,000 148,559 54 163,500 178,431 100 48,000 56,021
2004 310 155,000 157,309 32 160,000 203,781 133 58,000 57,480
2005 327 180,000 190,247 47 157,000 156,226 87 60,000 67,560
2006 311 185,000 202,949 45 185,000 190,130 94 60,000 74,035
2007 306 191,000 207,376 53 215,000 209,277 83 70,000 75,500
2008 250 188,500 208,313 37 190,000 204,697 77 62,500 65,706
2009 277 200,000 206,561 43 180,000 194,160 126 66,250 68,850
2010 222 210,000 223,653 42 200,000 212,547 63 82,500 81,317
2011 204 208,000 214,720 41 198,000 200,109 62 70,700 84,225
2012 228 200,000 220,026 36 189,500 180,486 49 79,970 79,281
2013 274 199,500 211,457 46 183,500 189,692 54 78,503 74,866
2014 38 202,000 205,079 6 133,000^ 136,750^ 9 71,153 ^ 70,667 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 223

 Swan Hill Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Car Wash 1 210000 210000 456.52 460.00 ND ND 460.00 456.52
Hotel/Motel Unsp 1 1750000 1750000 830.17 2108.00 ND ND 2108.00 830.17
Mixed Use Unsp 1 444400 444400 171.58 2590.00 185.17< 122.42< 2590.00 171.58
Office Prem Unsp 1 266750 266750 657.02 406.00 ND 177.76< 406.00 657.02
Retail Mult Occ Unsp 2 107500 107500 39.50 3750.00 ND ND 3750.00 28.67
Serv Apt/Unit Unsp 1 650000 650000 3.86 168500.00 ND ND 168500.00 3.86
Shop 4 162500 135000 616.90 280.50 58.06< 19.71< 472.00 344.28
Vehicle Sales Centre 1 320000 320000 415.58 770.00 ND ND 770.00 415.58
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 40000 40000 19.94 2006.00 ND ND 2006.00 19.94
Industrial ($/SM) (SM) (SM) ($/SM)
Ind Dev Site 2 142450 142450 48.65 2899.50 117.73< 149.53< 2899.50 49.13
Warehouse Unspec 6 349666 285000 134.21 1715.50 ND 98.28< 1676.67 208.55
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 3500 3500 269.23 13.00 ND 100.00< 13.00 269.23
Reserve for Drainage 1 3000 3000 272.73 11.00 ND ND 11.00 272.73
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 3 288808 210000 0.06 2420000.00 87.52< 53.68< 1764733.33 0.16
Livestock – Beef 2 2521160 2521160 1.48 1540623.50 ND 8194.90< 1540623.50 1.64
MarketGardenVeg <20h 5 563000 488000 4.34 112400.00 250.26< 194.58< 113408.40 4.96
MixedFarm&GrazUnsp 50 416003 282859 0.51 1011800.00 ND 125.60< 2396881.80 0.17
Orchard Plantations 3 502500 589000 1.48 440500.00 ND 346.47< 1377066.67 0.36
Vineyard 4 285427 261719 2.07 171163.00 143.41< 68.87< 191506.50 1.49
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 14 233143 222500 257.16 845.00 92.23< 62.15< 914.14 255.04
Detached Home Unsp 148 204458 196500 298.70 770.00 ND 107.97< 3998.82 50.90
Detached Home(exist) 111 218743 200000 238.01 735.00 100.00< 95.24< 851.77 258.77
Res Investment Flat 2 253000 253000 NA NA ND ND NA NA
Res/Rural Lstyle 67 285740 250000 12.37 19400.00 131.58< 97.66< 37786.19 7.56
ResLandWithImprovemt 1 145000 145000 7.21 20100.00 207.14< 75.32< 20100.00 7.21
Single Strata Unsp 15 180600 180000 NA NA ND 94.74< NA NA
Strata Unit/Flat Uns 14 182282 202000 NA NA 100.87< 104.39< NA NA
Terrace House 1 135000 135000 56.49 2390.00 ND ND 2390.00 56.49
Townhouse 15 197260 189000 NA NA 118.50< 90.43< NA NA
Vac Res A 53 71986 78100 80.38 761.50 120.15< 114.85< 762.08 86.74
Vac Res B 1 227500 227500 84.67 2687.00 568.75< 218.23< 2687.00 84.67
Vac Res/Rural Lstyle 30 149236 129000 2.03 39019.50 98.10< 127.16< 52229.67 2.86

Municipality totals
Commercial Total 12 Commercial Total Prices $4,506,150
Community Services Total 1 Community Services Total Prices $40,000
Industrial Total 8 Industrial Total Prices $2,382,900
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $6,500
Primary Production Total 67 Primary Production Total Prices $32,173,121
Residential Total 472 Residential Total Prices $94,474,702
All Sales Total 562 All Sales Total $133,583,373

A Guide to Property Values 2013 Page 224

 Towong Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 58 38,250 46,031 3 23,000^ 43,333^ 60 12,000 16,690

1986 49 42,000 43,736 4 20,000^ 25,000^ 48 14,400 13,333
1987 58 51,500 58,062 1 57,000^ 57,000^ 23 12,500 16,104
1988 49 50,000 57,875 2 30,500^ 30,500^ 32 12,500 21,834
1989 71 55,000 61,911 2 96,250^ 96,250^ 53 12,500 24,171
1990 59 66,000 82,503 7 35,000^ 49,928^ 34 23,000 28,818
1991 49 63,000 71,674 2 34,500^ 34,500^ 15 30,000 32,000
1992 66 67,000 76,020 3 30,000^ 32,833^ 22 29,250 29,238
1993 57 75,000 81,069 1 32,000^ 32,000^ 22 16,500 23,446
1994 87 68,000 74,438 2 60,500^ 60,500^ 14 19,000 25,550
1995 68 60,500 73,969 1 43,200^ 43,200^ 20 32,500 42,160
1996 96 62,000 70,174 4 24,000^ 28,000^ 20 26,200 39,720
1997 76 70,000 95,407 0 24,000* 28,000* 34 35,500 37,384
1998 67 55,000 69,940 0 24,000* 28,000* 31 20,000 24,938
1999 71 64,000 79,354 1 90,000^ 90,000^ 12 31,250 33,750
2000 97 67,000 76,912 0 90,000* 90,000* 32 12,500 20,467
2001 110 77,500 93,260 1 27,000^ 27,000^ 25 28,000 28,611
2002 100 88,000 102,787 4 57,750^ 55,125^ 40 35,500 40,070
2003 106 110,000 119,508 5 240,000^ 207,845^ 66 24,000 31,683
2004 79 120,000 136,943 5 95,000^ 81,600^ 62 22,500 47,634
2005 98 145,750 162,177 4 94,500^ 138,500^ 17 30,800 44,494
2006 84 160,000 179,845 4 52,000^ 62,250^ 41 55,000 67,809
2007 82 163,000 169,446 4 63,000^ 68,000^ 40 23,000 37,524
2008 64 162,500 181,589 1 65,000^ 65,000^ 21 50,000 67,685
2009 63 160,000 179,968 2 105,000^ 105,000^ 12 54,800 59,458
2010 59 140,000 168,188 2 195,000^ 195,000^ 22 44,494 72,613
2011 68 166,600 202,620 5 68,000^ 127,000^ 20 45,000 56,400
2012 75 162,500 181,526 5 220,000^ 163,300^ 26 42,000 58,647
2013 76 159,500 181,802 0 220,000* 163,300* 15 55,000 89,850
2014 7 185,000 ^ 170,928 ^ 1 69,000^ 69,000^ 5 25,000 ^ 35,700 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 225

 Towong Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Retail Mult Occ Unsp 1 135000 135000 112.50 1200.00 ND ND 1200.00 112.50
Shop 2 134000 134000 203.71 950.00 ND 111.67< 950.00 141.05
Community Services ($/SM) (SM) (SM) ($/SM)
Comm/Neighb Facility 1 66000 66000 82.29 802.00 ND ND 802.00 82.29
Industrial ($/SM) (SM) (SM) ($/SM)
Food ProcessingUnsp 1 300000 300000 8.50 35300.00 ND ND 35300.00 8.50
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 9 425531 450000 0.62 1049400.00 ND 156.67< 1231499.67 0.35
Livestock – Beef 15 428195 370000 0.63 590200.00 200.00< 185.00< 781643.93 0.55
Livestock – Dairy 3 1945733 1000000 0.51 1953700.00 ND ND 2481133.33 0.78
MixedFarm no impr 3 181666 150000 0.19 1504700.00 83.33< 56.60< 1985587.33 0.09
MixedFarm&GrazUnsp 16 504937 351500 0.94 706650.00 675.96< 135.19< 1222011.06 0.41
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 2 272000 272000 209.23 1300.00 ND ND 1300.00 209.23
Detached Home Unsp 15 171066 175000 92.22 900.00 ND 117.65< 1019.07 167.87
Detached Home(exist) 59 181474 150000 218.75 800.00 93.75< 78.13< 960.63 188.91
Res/Rural Lstyle 24 306770 297500 11.90 26650.00 93.85< 87.50< 53066.25 5.78
Vac Res A 13 87442 50000 78.79 793.50 83.89< 100.00< 823.30 71.88
Vac Res B 2 105500 105500 46.59 2241.00 703.33< 844.00< 2241.00 47.08
Vac Res/Rural Lstyle 14 145171 115000 1.42 68290.00 67.65< 65.71< 64960.57 2.23

Municipality totals
Industrial Total 1 Industrial Total Prices $300,000
Commercial Total 3 Commercial Total Prices $403,000
Community Services Total 1 Community Services Total Prices $66,000
Primary Production Total 46 Primary Production Total Prices $24,713,910
Residential Total 129 Residential Total Prices $24,559,652
All Sales Total 180 All Sales Total $50,042,562

A Guide to Property Values 2013 Page 226

 Wangaratta Rural City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 357 57,500 61,043 34 61,500 72,564 136 19,200 18,601

1986 263 64,000 65,587 34 67,250 67,991 100 22,700 26,070
1987 303 66,000 71,219 30 65,000 66,856 70 23,250 23,954
1988 338 72,750 79,012 38 67,500 68,971 107 28,000 31,039
1989 349 78,000 86,688 39 81,000 98,371 89 25,000 30,060
1990 284 85,000 93,965 37 78,000 85,116 90 30,000 32,508
1991 274 87,500 96,983 32 81,000 97,750 67 32,000 34,334
1992 265 85,000 95,449 30 80,000 83,583 80 36,500 38,548
1993 329 85,000 95,204 42 65,100 72,079 79 36,000 39,714
1994 379 92,500 99,920 39 88,000 100,111 97 36,000 46,899
1995 336 90,000 100,459 20 79,500 102,531 99 40,000 47,349
1996 354 93,000 107,329 32 90,500 93,310 82 50,000 62,566
1997 396 91,750 101,727 39 85,000 88,188 63 39,000 49,682
1998 360 93,000 106,281 31 80,000 81,643 109 38,000 53,570
1999 340 94,750 106,143 23 83,000 95,117 91 39,000 41,774
2000 389 100,000 108,969 37 85,000 86,116 75 44,000 46,697
2001 468 110,000 120,484 54 101,250 103,459 120 49,750 51,908
2002 562 131,250 142,081 81 90,000 96,478 146 51,250 55,409
2003 484 152,750 162,917 48 108,500 130,385 149 64,000 71,186
2004 446 176,250 191,147 59 155,000 164,406 168 75,000 76,309
2005 425 207,000 218,740 66 157,750 171,730 95 78,000 80,955
2006 377 215,000 228,963 77 180,000 186,396 133 91,000 104,199
2007 436 222,000 242,561 75 175,000 187,318 109 100,000 107,286
2008 366 218,870 233,600 41 174,950 204,303 62 86,500 95,607
2009 399 229,000 242,943 72 179,000 183,891 123 98,500 102,101
2010 328 240,500 256,468 67 182,500 193,810 131 117,000 118,477
2011 294 245,000 252,652 54 185,050 199,418 105 120,000 130,179
2012 335 235,026 245,796 58 150,667 169,082 119 107,000 112,747
2013 389 239,000 255,595 64 175,500 195,964 118 125,000 120,838
2014 50 239,500 249,158 7 205,000^ 183,504^ 20 130,000 146,850

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 227

 Wangaratta Rural City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
LowRise Office Build 1 2465000 2465000 NA NA ND ND NA NA
Medical/Surgery 1 550000 550000 275.00 2000.00 ND ND 2000.00 275.00
Mixed Use Unsp 4 303125 232500 304.04 1809.00 41.52< 155.00< 1485.67 223.81
Retail Store/Showrm 1 330000 330000 163.12 2023.00 94.96< 117.86< 2023.00 163.12
Shop & Dwelling 1 260000 260000 838.71 310.00 65.66< 157.58< 310.00 838.71
Industrial ($/SM) (SM) (SM) ($/SM)
Concrete Batch Plant 1 125000 125000 67.53 1851.00 ND ND 1851.00 67.53
Factory Unsp 2 470000 470000 157.23 7425.00 77.77< 138.64< 7425.00 63.30
Ind Dev Site 1 120500 120500 185.38 650.00 108.31< 68.47< 650.00 185.38
Rendering Plant 1 275000 275000 52.88 5200.00 ND ND 5200.00 52.88
Warehouse 1 160000 160000 118.61 1349.00 54.79< ND 1349.00 118.61
Warehouse Unspec 1 660000 660000 341.61 1932.00 ND 127.66< 1932.00 341.61
Warehouse/Showroom 1 800000 800000 152.00 5263.00 ND ND 5263.00 152.00
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 1267 1267 0.64 1972.00 84.47< ND 1972.00 0.64
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 9 429483 415000 1.82 280000.00 ND 97.74< 329477.78 1.30
GenCrop >20ha Unsp 4 414250 372500 0.45 835395.00 62.08< 179.52< 1006522.50 0.41
Horse Unspecified 1 310000 310000 0.48 645000.00 ND ND 645000.00 0.48
Livestock – Beef 13 374125 282500 0.48 530000.00 81.88< 57.95< 1112278.31 0.34
Livestock – Dairy 2 349000 349000 1.54 291753.00 22.09< ND 291753.00 1.20
Livestock – Sheep 2 652500 652500 1.49 637076.00 186.43< ND 637076.00 1.02
MixedFarm + impr 1 535000 535000 0.31 1720480.00 ND 84.25< 1720480.00 0.31
MixedFarm no impr 5 252000 225000 0.41 533200.00 71.43< 77.59< 623720.00 0.40
MixedFarm&GrazUnsp 38 379782 367625 0.56 547102.00 143.88< 122.54< 1253350.13 0.30
NatBshland NoAgreem 1 650000 650000 0.96 680000.00 ND ND 680000.00 0.96
Vineyard 6 458750 407500 1.04 372000.00 ND 46.89< 554259.83 0.83
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 1 222000 222000 552.24 402.00 ND 120.00< 402.00 552.24
Detached Home (new) 4 231500 239000 572.98 427.50 79.67< 125.79< 433.25 534.33
Detached Home Unsp 121 274789 250000 202.86 700.00 ND 110.26< 31398.45 8.59
Detached Home(exist) 264 247163 236000 407.14 700.00 103.28< 96.33< 887.53 277.29
MisImpRuralLand Unsp 2 100000 100000 47.93 3144.00 ND ND 3144.00 31.81
Res Investment Flat 6 222188 143500 126.13 1108.50 ND ND 1108.50 125.90
Res/Rural Lstyle 73 355255 335000 27.28 15300.00 90.79< 97.92< 72462.95 4.90
ResLandWithImprovemt 2 220000 220000 12.59 18000.00 268.29< ND 18000.00 12.22
Retire Village Unit 1 175000 175000 NA NA 92.59< 93.46< NA NA
Single Strata Unsp 8 175362 178750 NA NA ND 111.72< NA NA
Strata Unit/Flat Uns 26 189375 157250 NA NA 91.42< 84.54< NA NA
Townhouse 22 203861 192500 NA NA 104.90< 104.65< NA NA
Vac Res A 115 120830 125000 180.17 721.00 126.26< 105.49< 769.57 157.21
Vac Res B 3 121166 136000 37.97 2041.00 164.35< 77.71< 2237.33 54.16
Vac Res in globo Oth 2 715000 715000 24.05 29730.00 ND 433.33< 29730.00 24.05
Vac Res/Rural Lstyle 28 147625 158000 8.94 10876.50 136.60< 104.46< 25841.75 5.71

Municipality totals
Industrial Total 8 Industrial Total Prices $3,080,500
Residential Total 678 Residential Total Prices $158,364,731
Commercial Total 8 Commercial Total Prices $4,817,500
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $1,267
Primary Production Total 82 Primary Production Total Prices $32,328,226
All Sales Total 777 All Sales Total $198,592,224

A Guide to Property Values 2013 Page 228

 Warrnambool City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 401 60,500 63,366 85 57,500 67,035 250 16,000 17,766

1986 415 63,000 68,059 77 59,200 62,061 194 17,700 20,768
1987 443 68,500 75,515 87 64,000 68,679 206 19,500 22,005
1988 496 73,250 81,016 117 67,500 79,516 180 20,200 25,556
1989 454 85,500 93,416 120 66,000 80,074 130 25,000 30,826
1990 367 87,000 96,132 127 71,500 77,833 157 24,500 30,515
1991 350 87,250 95,499 102 75,535 93,770 205 23,500 28,731
1992 411 88,000 94,279 130 78,650 81,227 191 27,000 29,605
1993 423 92,000 100,267 99 79,000 82,521 203 26,000 30,189
1994 424 98,000 106,016 98 86,000 94,341 215 28,000 31,347
1995 400 95,000 107,060 92 86,325 92,919 168 28,150 36,892
1996 451 97,036 109,282 70 79,000 79,141 125 29,900 32,719
1997 508 104,000 115,283 108 83,750 85,018 138 30,000 35,552
1998 479 110,000 118,443 107 85,000 92,004 203 30,000 37,035
1999 545 118,500 125,906 109 90,000 102,812 206 34,000 41,118
2000 590 128,000 140,739 128 100,000 112,268 177 40,000 43,470
2001 637 146,000 160,330 181 122,500 124,598 281 43,000 47,530
2002 571 180,000 199,846 187 147,000 160,075 299 53,500 57,026
2003 555 230,000 238,418 163 182,000 196,726 289 65,000 69,405
2004 490 244,500 259,507 151 199,000 208,663 213 85,000 87,291
2005 636 254,000 276,882 150 199,500 225,680 196 95,000 97,759
2006 595 268,000 286,843 122 215,000 226,751 179 113,000 110,928
2007 591 280,000 305,485 157 230,000 281,447 199 130,000 135,266
2008 491 295,140 322,495 122 218,300 234,120 116 125,000 129,165
2009 589 292,000 313,830 155 225,000 234,356 263 125,000 131,630
2010 498 319,500 347,171 136 259,450 266,195 231 130,000 142,195
2011 436 322,000 341,520 126 255,000 278,351 190 130,500 135,574
2012 457 316,000 334,101 120 256,250 259,611 137 135,000 140,476
2013 439 325,000 341,117 123 260,000 267,242 129 145,000 145,020
2014 63 325,000 342,719 17 270,000 272,441 24 151,000 158,350

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 229

 Warrnambool City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Health Clinic Unsp 2 369585 369585 314.69 1514.00 ND 123.20< 1514.00 244.11
Mixed Use Unsp 1 1760000 1760000 305.50 5761.00 516.13< 359.55< 5761.00 305.50
Motel 1 150000 150000 129.87 1155.00 12.66< 27.27< 1155.00 129.87
Office Prem Unsp 1 700000 700000 2011.49 348.00 ND 8.75< 348.00 2011.49
Pub/Tavern/Club Unsp 1 950000 950000 422.22 2250.00 ND 301.59< 2250.00 422.22
Retail Store/Showrm 2 962500 962500 326.26 3065.00 ND 140.51< 3065.00 326.26
Shop 1 270000 270000 NA NA 65.85< 9.61< NA NA
Shopping Centre Unsp 2 20475000 20475000 973.03 5858.00 113.75< 289.19< 5858.00 973.03
Strata/Subdiv Office 1 962500 962500 1743.66 552.00 577.50< 295.25< 552.00 1743.66
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 3600000 3600000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 4 534000 399000 538.89 720.00 ND 70.43< 720.00 538.89
Ind Dev Site 1 210000 210000 200.00 1050.00 60.22< ND 1050.00 200.00
Warehouse 2 240000 240000 NA NA ND ND NA NA
Warehouse Unspec 1 145000 145000 NA NA ND ND NA NA
Warehouse/Showroom 2 460000 460000 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Dairy 1 700000 700000 0.99 704900.00 ND ND 704900.00 0.99
MixedFarm&GrazUnsp 2 453962 453962 1.06 397650.00 ND ND 397650.00 1.14
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 9 373555 370000 693.61 547.00 111.28< 104.52< 518.50 728.54
Detached Home Unsp 141 356664 330000 483.15 687.50 ND 110.00< 746.95 476.02
Detached Home(exist) 286 333359 318650 470.13 703.00 109.13< 98.05< 767.24 437.13
House & Flat/Studio 1 230000 230000 345.86 665.00 ND ND 665.00 345.86
Res Investment Flat 3 322074 325000 2528.00 176.50 38.58< 127.45< 176.50 1689.02
Res/Rural Lstyle 30 552259 490500 41.92 15000.00 83.28< 104.36< 24480.10 22.56
ResLandWithImprovemt 2 136000 136000 61.26 26922.00 143.16< 15.11< 26922.00 5.05
Retire Village Compl 1 1771200 1771200 NA NA ND ND NA NA
Single Strata Unsp 11 305477 290000 NA NA ND 119.34< NA NA
Strata Unit/Flat Uns 61 259901 258000 NA NA 117.27< 92.14< NA NA
Terrace House 2 264000 264000 1232.00 250.00 ND ND 250.00 1232.00
Townhouse 48 264383 260995 NA NA 116.00< 102.35< NA NA
Vac Res A 127 144713 144990 207.80 678.50 115.99< 111.10< 681.57 217.18
Vac Res B 2 164500 164500 51.39 3257.50 122.53< 152.31< 3257.50 50.50
Vac Res in globo Oth 1 500000 500000 19.61 25500.00 ND ND 25500.00 19.61
Vac Res/Rural Lstyle 6 130833 152500 11.14 15946.00 107.02< 74.39< 20035.17 6.53

Municipality totals
Commercial Total 12 Commercial Total Prices $48,406,670
Community Services Total 1 Community Services Total Prices $3,600,000
Industrial Total 10 Industrial Total Prices $3,891,000
Primary Production Total 3 Primary Production Total Prices $1,607,925
Residential Total 731 Residential Total Prices $221,224,848
All Sales Total 757 All Sales Total $278,730,443

A Guide to Property Values 2013 Page 230

 Wellington Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 685 50,000 55,507 86 48,750 56,495 817 8,000 11,698

1986 549 53,500 60,494 73 54,500 67,693 538 8,500 12,571
1987 594 54,500 62,087 61 50,000 52,618 503 10,500 15,201
1988 765 59,500 65,406 81 51,700 61,216 493 10,000 14,225
1989 825 66,500 75,647 76 57,250 55,409 559 12,000 16,560
1990 569 66,000 76,340 61 62,500 67,901 452 12,000 15,944
1991 708 73,000 78,597 66 55,500 57,622 326 14,500 20,446
1992 645 66,000 73,986 65 60,000 62,151 331 14,500 23,491
1993 701 67,500 78,980 81 62,331 62,421 374 13,125 29,723
1994 782 74,000 83,956 86 69,500 65,924 330 12,000 19,671
1995 701 74,000 87,465 69 69,000 69,661 306 16,250 27,164
1996 673 75,000 91,685 68 62,000 62,071 269 16,000 34,047
1997 778 80,000 96,964 73 70,000 74,040 291 22,000 37,922
1998 621 72,833 85,368 56 66,750 67,650 249 12,200 25,715
1999 576 75,000 87,790 55 70,000 71,778 190 20,000 24,651
2000 813 77,000 88,785 71 60,000 66,873 276 12,250 22,775
2001 1,049 80,000 94,280 102 66,000 73,999 432 16,250 25,544
2002 1,248 90,000 106,048 139 79,500 83,238 986 14,500 23,591
2003 1,027 133,000 140,928 110 115,000 114,461 587 36,500 41,516
2004 898 157,500 167,873 111 138,250 142,276 409 55,000 58,849
2005 910 170,000 184,487 91 148,000 149,096 413 65,000 74,064
2006 813 175,000 192,434 96 165,500 165,338 385 60,000 75,927
2007 957 185,000 203,137 130 160,000 173,275 444 73,000 75,659
2008 789 200,000 225,702 106 167,500 173,035 237 66,000 74,906
2009 805 200,000 215,352 136 184,750 182,895 261 78,500 86,451
2010 631 218,000 235,584 117 192,500 190,358 329 95,000 94,334
2011 468 242,750 255,807 75 199,000 208,649 184 84,500 89,404
2012 498 231,000 242,126 72 203,500 209,799 143 87,000 90,342
2013 639 230,000 244,788 102 197,250 205,463 171 78,000 82,947
2014 101 252,000 244,800 10 209,500 212,700 32 56,500 61,443

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 231

 Wellington Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
CarPark – OpenAir 1 6965000 6965000 859.35 8105.00 ND ND 8105.00 859.35
Dev Site 4 254000 240000 196.88 1219.00 480.00< ND 1027.33 293.15
Fuel Outlet/Garage 1 1350000 1350000 67.50 20000.00 931.03< ND 20000.00 67.50
Mixed Use Unsp 3 512166 330000 1472.97 666.00 95.17< 220.00< 608.33 841.92
National Co Unsp 1 6360000 6360000 636.00 10000.00 ND ND 10000.00 636.00
Pub/Tavern/Club Unsp 2 512500 512500 349.72 2586.00 ND ND 2586.00 198.18
Restaurant 1 245000 245000 1678.08 146.00 ND 64.90< 146.00 1678.08
Retail Mult Occ Unsp 1 222750 222750 161.41 1380.00 ND ND 1380.00 161.41
Retail Sgle Occ Unsp 4 254000 240000 196.88 1219.00 480.00< ND 1027.33 293.15
Retail Store/Showrm 1 352000 352000 2816.00 125.00 187.23< 36.10< 125.00 2816.00
Shop 3 270750 227250 943.40 212.00 189.38< 62.26< 212.00 943.40
Shopping Centre Unsp 1 9400000 9400000 2539.85 3701.00 130.05< ND 3701.00 2539.85
Strata/Subdiv Office 1 842502 842502 NA NA 392.77< 120.36< NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory Unsp 3 317517 270000 188.98 2378.00 245.45< 87.20< 2378.00 177.62
Ind Dev Site 2 177350 177350 101.30 1829.50 114.42< 95.55< 1829.50 96.94
Warehouse Unspec 2 597500 597500 27.65 17900.00 ND ND 17900.00 27.65
Warehouse/Showroom 1 450000 450000 193.22 2329.00 ND ND 2329.00 193.22
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 16000 16000 NA NA ND ND NA NA
National Parks, etc ($/SM) (SM) (SM) ($/SM)
VacLnd FutureReserve 2 37726 37726 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
Crop – Mixed Other 1 709500 709500 1.91 372000.00 ND ND 372000.00 1.91
Livestock – Beef 14 437897 405000 0.61 442800.00 132.71< 90.00< 608026.00 0.72
Livestock – Dairy 16 682667 679000 0.87 648850.00 141.46< 90.99< 715860.31 0.95
Livestock – Sheep 1 844000 844000 0.35 2440000.00 246.42< ND 2440000.00 0.35
MixedFarm no impr 24 233433 195000 0.35 421284.50 73.58< 90.70< 716483.13 0.33
MixedFarm&GrazUnsp 54 492674 360000 0.22 423025.00 154.84< 111.63< 581770.93 0.85
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 11 241836 230000 479.27 820.00 82.88< 79.72< 1036.18 233.39
Detached Home Unsp 244 235324 220000 424.47 801.00 ND 78.43< 1058.34 220.91
Detached Home(exist) 384 250886 235750 138.19 796.00 117.88< 98.23< 921.40 272.36
MisImpRuralLand Unsp 1 113000 113000 77.56 1457.00 ND ND 1457.00 77.56
Res Investment Flat 1 225000 225000 NA NA 48.91< 65.22< NA NA
Res/Rural Lstyle 162 362682 345000 18.50 20000.00 118.15< 115.00< 41302.50 8.78
ResLandWithImprovemt 6 244333 205000 47.92 5766.50 113.57< 60.29< 13789.00 17.72
Sep House & Curt 81 215445 110000 346.79 966.00 41.24< 59.62< 303608.68 0.69
Single Strata Unsp 29 207185 197000 NA NA ND 63.55< NA NA
Strata Unit/Flat Uns 37 208304 195000 NA NA 105.69< 111.43< NA NA
Sub Div (Multi Lot) 1 375000 375000 27.58 13599.00 ND ND 13599.00 27.58
Townhouse 35 200473 205000 NA NA 111.11< 105.13< NA NA
Vac Res A 156 82469 76500 110.51 647.00 98.39< 90.00< 803.58 100.52
Vac Res B 15 87918 82000 41.86 2628.00 124.24< 108.61< 2779.73 31.63
Vac Res/Rural Lstyle 65 128345 107000 9.35 20000.00 85.60< 89.17< 40611.69 3.16

Municipality totals
Industrial Total 8 Industrial Total Prices $2,952,252
National Parks, etc Total 2 National Parks, etc Total Prices $75,452
Residential Total 1,228 Residential Total Prices $278,063,144
Commercial Total 24 Commercial Total Prices $31,143,002
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $16,000
Primary Production Total 110 Primary Production Total Prices $50,813,561
All Sales Total 1,373 All Sales Total $363,063,411

A Guide to Property Values 2013 Page 232

 West Wimmera Shire
Residential price statistics 1985 to 2014

180,000

160,000

140,000

120,000

100,000

80,000

60,000

40,000

20,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 38 24,800 27,928 1 53,000^ 53,000^ 27 2,500 5,698

1986 39 30,000 29,976 1 56,000^ 56,000^ 20 2,400 5,845
1987 47 31,000 36,338 3 56,000^ 55,666^ 19 3,100 6,168
1988 55 28,500 33,794 3 64,000^ 65,333^ 30 5,000 6,650
1989 64 28,000 37,976 0 64,000* 65,333* 20 3,500 8,700
1990 41 32,000 33,828 2 81,500^ 81,500^ 18 4,750 8,146
1991 32 31,250 37,633 0 81,500* 81,500* 10 4,000 8,005
1992 47 44,000 50,720 2 73,500^ 73,500^ 9 7,500 ^ 11,611 ^
1993 45 36,500 40,238 2 86,750^ 86,750^ 12 7,500 9,208
1994 38 32,500 40,772 2 52,500^ 52,500^ 13 12,000 11,892
1995 58 37,500 56,407 1 17,500^ 17,500^ 16 6,500 14,560
1996 64 43,500 57,801 1 83,000^ 83,000^ 25 20,082 32,070
1997 50 40,000 46,970 0 83,000* 83,000* 20 1,025 9,367
1998 53 50,000 90,388 2 57,500^ 57,500^ 15 12,000 21,315
1999 68 64,000 77,434 0 57,500* 57,500* 15 20,000 26,310
2000 46 45,250 65,396 3 63,500^ 63,833^ 16 5,700 17,878
2001 49 50,000 70,833 1 70,000^ 70,000^ 38 25,000 38,134
2002 56 55,000 62,883 4 70,500^ 76,555^ 32 15,500 16,905
2003 49 55,000 73,757 2 74,750^ 74,750^ 39 26,000 30,197
2004 46 79,500 85,178 1 83,000^ 83,000^ 39 23,500 24,246
2005 54 77,500 97,712 1 25,000^ 25,000^ 27 20,000 28,722
2006 50 94,000 115,760 1 102,500^ 102,500^ 15 22,000 27,700
2007 58 91,000 120,094 0 102,500* 102,500* 15 25,000 37,300
2008 30 99,000 138,395 0 102,500* 102,500* 11 64,000 56,270
2009 52 85,000 107,557 2 138,100^ 138,100^ 11 37,000 46,772
2010 41 94,000 114,302 3 140,000^ 152,333^ 13 22,000 53,615
2011 36 83,500 97,031 2 130,000^ 130,000^ 9 35,000 ^ 65,033 ^
2012 49 79,000 97,734 0 130,000* 130,000* 6 26,851 ^ 37,283 ^
2013 49 100,000 115,653 4 145,000^ 143,500^ 11 22,000 38,431
2014 7 94,000 ^ 83,285 ^ 0 145,000* 143,500* 0 22,000 * 38,431 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 233

 West Wimmera Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Mixed Use Unsp 1 120000 120000 57.69 2080.00 72.73< ND 2080.00 57.69
Shop 1 62500 62500 242.25 258.00 40.06< 122.55< 258.00 242.25
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 1 19000 19000 NA NA ND ND NA NA
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 17 770803 581774 0.21 2271997.00 133.82< 157.21< 3261705.24 0.24
Livestock – Beef 3 421000 236000 0.43 544900.00 78.81< 7.35< 3079581.67 0.14
Livestock – Dairy 4 348000 305950 0.33 1475829.00 153.12< 95.61< 1485910.75 0.23
Livestock – Sheep 4 796612 705385 0.35 2910544.00 164.39< 95.74< 2575472.00 0.31
MixedFarm + impr 2 563753 563753 0.19 3092570.50 ND 64.85< 3092570.50 0.18
MixedFarm no impr 1 98000 98000 0.05 2090060.00 31.11< 72.51< 2090060.00 0.05
MixedFarm&GrazUnsp 38 500700 393500 0.44 1796096.00 539.39< 78.70< 2532012.76 0.20
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 19 153210 155000 119.00 1000.00 258.33< 141.23< 1079.19 137.31
Detached Home(exist) 30 91866 77500 113.75 1011.00 91.18< 101.97< 1321.07 69.59
Res/Rural Lstyle 13 233538 150000 3.07 21200.00 100.00< 115.38< 39845.62 5.86
ResLandWithImprovemt 2 42000 42000 25.75 1500.00 ND ND 1500.00 28.00
Strata Unit/Flat Uns 3 140500 140000 NA NA 101.38< 107.69< NA NA
Townhouse 1 152500 152500 NA NA ND ND NA NA
Vac Res A 7 40428 21000 10.46 1338.00 58.33< 48.84< 1398.00 28.92
Vac Res B 4 34937 28500 10.19 2247.50 73.08< 81.43< 2253.75 15.50
Vac Res/Rural Lstyle 11 71000 33000 0.52 40190.00 114.78< 41.25< 45143.91 1.57

Municipality totals
Commercial Total 2 Commercial Total Prices $182,500
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $19,000
Primary Production Total 69 Primary Production Total Prices $39,197,239
Residential Total 90 Residential Total Prices $10,564,750
All Sales Total 162 All Sales Total $49,963,489

A Guide to Property Values 2013 Page 234

 Whitehorse City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 2,634 80,000 89,872 689 76,000 84,113 84 45,000 54,389

1986 2,370 87,000 99,548 714 82,000 103,803 131 55,000 64,438
1987 2,566 95,000 109,037 716 85,000 105,492 166 66,000 94,856
1988 2,869 125,000 141,200 922 109,000 136,993 145 90,500 96,146
1989 1,899 145,000 166,679 694 132,000 162,936 65 105,000 101,530
1990 1,664 142,000 160,964 857 126,000 144,066 53 90,000 100,345
1991 1,746 136,500 154,353 714 124,500 132,761 91 72,000 72,178
1992 1,811 136,000 151,637 684 120,000 141,068 171 78,000 77,099
1993 2,068 135,000 153,224 766 124,000 139,342 137 85,000 97,720
1994 2,092 140,000 155,800 875 125,000 136,600 312 84,500 90,092
1995 1,923 137,500 154,797 756 125,000 136,818 376 89,660 94,527
1996 1,999 138,500 154,321 815 125,000 140,002 264 90,000 96,775
1997 2,685 157,900 174,765 1,183 135,000 145,384 345 96,000 110,058
1998 2,229 174,900 193,224 1,064 146,950 157,493 151 115,000 127,573
1999 2,337 206,000 225,746 1,106 167,000 181,324 105 130,000 157,737
2000 2,172 225,000 245,752 1,054 184,000 199,187 58 110,000 117,207
2001 2,495 278,000 304,555 1,303 227,250 248,785 78 130,250 143,703
2002 2,330 317,000 351,565 1,027 260,000 275,290 0 130,250 * 143,703 *
2003 2,243 360,000 392,573 1,025 289,500 308,607 11 155,000 180,454
2004 1,918 375,000 407,848 891 295,000 323,040 40 311,500 280,710
2005 1,985 388,000 435,528 1,024 306,000 321,411 41 205,000 234,386
2006 2,073 418,500 467,147 1,050 326,000 344,791 38 272,500 283,368
2007 2,242 525,000 589,035 1,501 360,000 375,968 51 268,000 280,479
2008 1,608 540,000 596,581 853 400,000 418,380 21 210,000 279,678
2009 2,078 586,849 649,077 1,317 429,000 434,070 51 280,000 304,321
2010 1,816 707,500 770,295 1,094 490,000 523,816 42 337,500 377,735
2011 1,751 670,000 746,509 1,092 485,000 501,915 54 355,000 424,577
2012 1,618 650,000 713,966 1,151 480,000 504,350 33 375,000 442,761
2013 1,985 723,000 789,634 1,235 526,000 543,693 16 292,500 336,856
2014 144 730,000 795,431 115 540,000 564,681 3 325,000 ^ 378,316 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 235

 Whitehorse City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bulky Goods 1 48000000 48000000 NA NA ND ND NA NA
Dev Site 5 2072400 840000 240.49 2470.00 172.31< 107.93< 1898.00 706.36
Health Clinic Unsp 2 604000 604000 825.68 735.50 ND 81.79< 735.50 821.21
LowRise Office Build 1 538000 538000 NA NA ND 2.72< NA NA
Medical/Surgery 1 5675000 5675000 8624.62 658.00 194.35< 869.07< 658.00 8624.62
Mixed Use Unsp 10 881058 503540 1991.15 1356.00 39.38< 82.48< 2826.43 262.35
Multi-level Office 3 10225000 13025000 935.13 17110.00 394.70< 262.34< 17110.00 935.13
Office Prem Unsp 10 1296110 1335550 2683.42 580.00 ND 278.24< 530.50 2428.87
Retail Mult Occ Unsp 1 605000 605000 NA NA ND 83.97< NA NA
Retail Sgle Occ Unsp 5 2072400 840000 240.49 2470.00 172.31< 107.93< 1898.00 706.36
Retail Store/Showrm 2 686500 686500 1412.28 484.00 20.87< 85.97< 484.00 1418.39
Shop 10 598900 514250 2118.62 231.50 109.41< 95.23< 444.13 1322.54
Shop & Dwelling 1 550000 550000 2131.78 258.00 34.38< ND 258.00 2131.78
Strata/Subdiv Office 4 542750 549334 NA NA 101.00< 99.88< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Day Care Centre 1 1583000 1583000 2183.45 725.00 ND ND 725.00 2183.45
School Primary 1 2398000 2398000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Abattoirs 1 675000 675000 NA NA ND ND NA NA
Factory 11 663964 596310 1358.57 449.00 77.44< 99.39< 1051.00 606.62
Factory Unsp 15 998346 590000 1082.75 630.00 101.29< 122.92< 1611.60 769.87
Ind Dev Site 2 610500 610500 322.94 1893.00 36.89< 162.04< 1893.00 322.50
OpenStorageUnsp 1 1001000 1001000 1380.69 725.00 ND 45.49< 725.00 1380.69
Warehouse 5 579240 381700 340.14 4836.00 53.80< 80.70< 4468.00 140.69
Warehouse Unspec 18 1124319 712250 1089.23 683.00 118.71< 57.44< 4054.70 308.87
Warehouse/Showroom 1 115500 115500 14.67 7871.00 6.72< 5.53< 7871.00 14.67
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 4 5044 5580 33.37 57.00 232.79< 121.30< 221.75 22.75
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 1 2860000 2860000 NA NA ND 74.29< NA NA
Cojoin Strata Unsp 9 197111 145000 302.78 611.00 ND 21.01< 611.00 302.78
Detached Home (new) 24 768477 576250 1395.23 587.00 95.44< 89.48< 570.00 1625.79
Detached Home Unsp 989 793492 730000 1070.55 652.00 83.43< 107.67< 696.27 1146.83
Detached Home(exist) 963 787577 719000 1271.32 645.00 121.99< 108.12< 676.39 1171.58
Half Pair or Duplex 4 686750 685750 1564.77 400.50 139.95< 103.90< 407.00 1687.35
House & Flat/Studio 1 325000 325000 554.61 586.00 ND ND 586.00 554.61
Individual Car Park 1 5000 5000 NA NA ND 157.38< NA NA
Res Co Sh Unit Unsp 2 430750 430750 NA NA ND 97.90< NA NA
Res Dev Site 2 2748750 2748750 1511.56 1773.00 ND ND 1773.00 1511.56
Res Investment Flat 35 920373 632000 1629.92 482.00 22.53< 133.62< 578.67 1368.95
Res/Rural Lstyle 6 1695416 673750 71.85 6333.00 101.32< 122.50< 7430.60 259.06
ResLandWithImprovemt 7 489642 460000 1236.96 1166.00 136.20< 123.49< 1166.00 336.62
Retire Village Unit 30 392722 402500 NA NA 101.26< 97.69< NA NA
Semi-detached Unsp 1 1070000 1070000 2603.41 411.00 178.33< 187.72< 411.00 2603.41
Single Strata Unit 2 300000 300000 NA NA ND 64.86< NA NA
Single Strata Unsp 435 524461 520000 NA NA 116.20< 103.38< NA NA
Strata Unit/Flat Uns 474 536134 521500 NA NA 125.06< 112.15< NA NA
Terrace House 3 546000 448000 811.71 1308.50 96.34< 59.14< 1308.50 480.70
Townhouse 248 572429 561900 NA NA 123.49< 109.91< NA NA
Vac Res A 16 336856 292500 265.96 658.00 104.46< 86.16< 604.11 558.43
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 3190000 3190000 1745.08 1828.00 ND ND 1828.00 1745.08
Tennis Club 1 1760000 1760000 1042.65 1688.00 ND ND 1688.00 1042.65

Municipality totals
Commercial Total 56 Commercial Total Prices $139,279,680
Community Services Total 2 Community Services Total Prices $3,981,000
Industrial Total 54 Industrial Total Prices $48,425,260
Infrastruc&Utilities Total 4 Infrastruc&Utilities Total Prices $20,176
Residential Total 3,253 Residential Total Prices $2,266,238,684
Sport/Hrtge/Cultural Total 2 Sport/Hrtge/Cultural Total Prices $4,950,000
All Sales Total 3,371 All Sales Total $2,462,894,800

A Guide to Property Values 2013 Page 236

 Whittlesea City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,543 76,000 80,191 111 65,000 76,492 838 30,000 45,653
1986 1,347 82,000 86,287 64 68,750 81,075 945 33,500 52,815
1987 1,515 86,500 93,407 134 76,000 111,155 1,009 35,000 48,104
1988 2,088 98,500 106,351 151 92,500 137,978 1,585 39,500 52,605
1989 1,381 122,800 132,089 175 103,000 128,132 1,186 59,000 71,860
1990 1,212 124,750 131,284 149 107,500 135,173 800 57,000 66,253
1991 1,246 118,000 125,159 172 101,750 109,144 625 54,031 62,242
1992 1,139 118,000 124,588 231 103,000 110,475 715 55,000 63,843
1993 1,168 116,000 122,829 248 102,000 111,389 848 53,000 57,834
1994 1,230 118,000 125,539 303 105,000 106,739 795 55,000 62,094
1995 1,172 117,000 122,900 208 103,000 102,229 609 57,000 61,129
1996 1,166 115,000 124,053 255 100,000 117,563 703 56,000 56,654
1997 1,538 120,000 125,786 321 102,500 110,172 966 58,000 63,857
1998 1,604 129,000 138,591 315 115,000 117,120 1,040 59,900 65,755
1999 1,796 147,000 157,656 336 126,750 142,361 1,269 77,000 81,319
2000 1,766 165,000 181,277 294 145,000 152,523 910 85,400 88,327
2001 1,976 189,000 204,692 420 160,000 170,756 1,628 90,500 96,817
2002 1,965 224,250 238,877 359 190,000 195,692 1,403 108,000 112,204
2003 2,028 255,000 274,234 318 230,000 228,552 1,386 130,000 137,044
2004 1,776 270,000 283,530 296 230,000 228,911 955 160,000 159,444
2005 1,919 275,000 294,259 299 234,000 281,262 1,226 157,000 157,738
2006 1,884 285,000 305,439 333 245,000 253,944 1,509 150,000 151,575
2007 2,316 305,000 325,120 518 260,000 277,487 2,571 148,000 153,160
2008 2,330 327,000 338,056 431 275,000 276,442 2,436 160,000 166,074
2009 2,855 356,000 367,032 577 309,000 323,675 3,989 167,000 174,197
2010 2,491 401,000 419,532 522 327,500 337,298 3,849 194,000 201,838
2011 2,192 409,450 423,055 515 340,000 353,247 2,376 207,000 215,416
2012 2,100 395,000 413,902 452 316,750 327,646 1,773 202,000 206,287
2013 2,335 395,600 416,761 482 320,000 325,112 1,640 194,000 202,058
2014 307 402,000 420,955 44 313,500 301,939 131 193,000 209,503

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 237

 Whittlesea City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
CarPark – OpenAir 1 1760000 1760000 NA NA ND ND NA NA
Dev Site 5 1510400 1320000 598.51 2287.50 120.24< 61.94< 2551.50 610.62
Fuel Outlet/Garage 2 3355000 3355000 1954.50 2062.00 ND 196.77< 2062.00 1627.06
Ground Level Parking 1 250000 250000 215.70 1159.00 ND ND 1159.00 215.70
Health Clinic Unsp 1 490000 490000 649.87 754.00 ND 59.76< 754.00 649.87
Medical/Surgery 2 595000 595000 2707.57 1144.00 42.58< 65.89< 1144.00 520.10
Mixed Use Unsp 5 5700550 3650000 496.65 4451.50 321.59< 839.08< 6217.25 672.84
Office Prem Unsp 9 633520 640000 1558.75 417.00 ND 150.73< 417.00 1558.75
Retail Mult Occ Unsp 2 452500 452500 1647.40 173.00 ND 69.62< 173.00 1647.40
Retail Sgle Occ Unsp 5 1510400 1320000 598.51 2287.50 120.24< 61.94< 2551.50 610.62
Retail Store/Showrm 3 13628333 7920000 396.00 20000.00 514.29< 1154.10< 20000.00 396.00
Shop 4 1106750 910000 1688.34 569.00 239.47< 168.52< 569.00 867.31
Shopping Centre Unsp 2 17890260 17890260 NA NA 66.88< 93.09< NA NA
Timber Yard/Supplies 1 1430000 1430000 NA NA ND ND NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
School Primary 1 374000 374000 75.01 4986.00 ND ND 4986.00 75.01
University 1 1290000 1290000 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 18 486275 372500 677.76 706.00 91.66< 88.37< 980.08 589.39
Factory Unit 2 1397500 1397500 3053.39 1004.50 ND ND 1004.50 1391.24
Factory Unsp 54 766915 430000 670.49 988.00 57.72< 68.25< 2573.31 373.41
Garage/Motor Vehicle 1 1760000 1760000 296.10 5944.00 ND ND 5944.00 296.10
Ind Dev Site 14 384231 187000 468.36 2007.00 34.34< 22.35< 2159.71 272.87
OpenStorageUnsp 1 3058000 3058000 237.05 12900.00 ND 558.03< 12900.00 237.05
Warehouse 10 663608 525340 645.67 635.00 93.03< 81.45< 1901.86 376.68
Warehouse Unspec 3 456683 506000 848.91 712.50 187.72< ND 712.50 606.35
Warehouse/Office 1 750000 750000 1602.56 468.00 ND 71.86< 468.00 1602.56
Warehouse/Showroom 3 559833 675000 1834.24 368.00 191.49< 94.41< 634.67 882.09
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 65000 65000 49.71 2615.00 ND 1300.00< 2615.00 49.71
Primary Production ($/SM) (SM) (SM) ($/SM)
MixedFarm&GrazUnsp 1 4000000 4000000 5.41 739100.00 181818.18< 375.59< 739100.00 5.41
Residential ($/SM) (SM) (SM) ($/SM)
Cojoin Strata Unsp 69 327982 326000 1155.17 290.00 99.85< 93.14< 333.07 1036.16
Detached Home (new) 118 410531 399000 1085.54 393.50 110.83< 97.32< 387.13 1075.69
Detached Home Unsp 1343 420626 395500 685.56 547.00 102.35< 100.13< 556.79 758.71
Detached Home(exist) 862 412784 399000 653.36 551.00 112.39< 96.14< 559.61 741.14
Half Pair or Duplex 6 320800 322000 1002.82 354.00 119.26< 100.63< 354.00 1002.82
Res Dev Site 7 746471 790000 378.79 2904.00 327.12< 367.44< 7023.29 106.29
Res Investment Flat 11 254181 288000 510.52 166.50 ND 78.58< 166.50 510.51
Res/Rural Lstyle 40 961997 640000 19.69 22921.50 116.36< 85.33< 42095.30 22.85
ResLandWithImprovemt 3 424000 319000 974.63 670.00 ND 76.87< 533.00 795.50
Semi-detached Unsp 1 297000 297000 NA NA 74.44< 75.29< NA NA
Single Strata Unit 1 346500 346500 NA NA 93.31< 106.78< NA NA
Single Strata Unsp 99 309294 310000 NA NA 103.33< 95.38< NA NA
Strata Unit/Flat Uns 199 323318 326000 NA NA 107.50< 100.31< NA NA
Sub Div (in globo) 1 6414000 6414000 44.54 144000.00 129.58< 412.79< 144000.00 44.54
Sub Div (Multi Lot) 1 6985000 6985000 335.82 20800.00 224.72< 99.94< 20800.00 335.82
Terrace House 5 350510 365000 1582.92 240.00 110.44< 93.06< 283.20 1237.68
Townhouse 103 349228 329900 NA NA 104.98< 90.38< NA NA
Vac Res A 1636 201452 193800 402.37 443.00 116.05< 93.62< 460.07 439.81
Vac Res B 4 449989 440000 209.61 2197.50 261.13< 164.50< 2577.50 174.58
Vac Res in globo Oth 9 4471749 2420000 150.15 21064.00 242.00< 161.33< 50763.78 88.09
Vac Res/Rural Lstyle 4 366250 379500 49.58 47317.50 171.33< 195.37< 54833.75 6.68
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
IndoorSportEtc Unsp 1 682000 682000 NA NA ND ND NA NA

Municipality totals
Commercial Total 43 Commercial Total Prices $143,135,952
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $130,001
Primary Production Total 1 Primary Production Total Prices $4,000,000
Residential Total 4,522 Residential Total Prices $1,561,306,749
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $682,000
Community Services Total 2 Community Services Total Prices $1,664,000
Industrial Total 107 Industrial Total Prices $73,594,268
All Sales Total 4,678 All Sales Total $1,784,512,970

A Guide to Property Values 2013 Page 238

 Wodonga City
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 349 66,000 70,289 94 54,500 59,592 318 19,200 21,872

1986 321 70,000 73,133 93 58,500 58,084 219 23,000 27,330
1987 329 74,000 79,114 118 61,000 70,283 214 25,500 31,471
1988 407 85,000 93,767 148 69,250 81,706 439 26,500 29,903
1989 384 96,000 102,203 120 80,900 89,336 369 30,000 33,104
1990 372 105,000 112,989 130 81,500 89,496 253 34,000 37,306
1991 372 104,379 109,327 100 89,000 90,031 250 33,000 35,022
1992 440 106,000 110,710 124 89,000 95,590 340 35,000 38,091
1993 454 108,000 113,877 124 87,750 92,087 339 34,000 39,286
1994 450 109,475 115,097 124 87,500 83,463 325 36,950 42,924
1995 432 105,000 110,721 88 85,000 90,838 231 37,500 43,412
1996 428 108,250 115,231 109 81,000 89,294 169 37,000 43,742
1997 555 117,000 121,347 113 83,500 104,606 256 36,750 38,973
1998 525 113,000 124,498 97 80,000 79,274 221 38,500 42,635
1999 601 118,000 121,608 102 87,725 94,703 241 42,000 46,803
2000 672 120,000 126,830 112 92,000 102,665 155 45,000 48,673
2001 718 132,000 141,758 189 92,000 99,708 358 42,000 51,100
2002 765 155,000 169,394 208 102,000 107,627 431 54,000 57,154
2003 769 205,000 218,215 144 142,500 140,305 398 81,000 91,222
2004 669 235,000 246,504 126 156,500 166,668 101 120,000 119,362
2005 682 240,000 261,842 143 172,000 183,777 178 120,000 123,470
2006 676 257,750 274,582 132 175,500 188,757 206 120,000 130,803
2007 700 258,000 287,149 154 184,000 197,716 200 127,140 132,863
2008 562 260,000 279,853 119 180,000 186,919 159 120,000 126,256
2009 627 257,000 278,923 138 180,000 190,330 434 110,000 111,695
2010 487 278,000 291,663 109 189,000 220,248 280 112,000 119,032
2011 523 283,000 294,799 96 189,875 195,431 271 110,200 118,536
2012 541 269,000 287,301 137 184,000 186,616 242 112,975 117,583
2013 626 281,750 297,746 132 186,250 203,921 282 117,000 123,818
2014 114 292,000 295,613 28 200,000 214,303 59 114,000 117,326

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 239

 Wodonga City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 2 2437500 2437500 3233.83 804.00 ND ND 804.00 3233.83
Dev Site 2 835587 835587 222.00 6506.00 15.99< 84.64< 6506.00 222.00
Health Clinic Unsp 1 322500 322500 453.59 711.00 ND ND 711.00 453.59
Mixed Use Unsp 2 258965 258965 397.02 654.50 43.16< 64.90< 654.50 395.67
Office Prem Unsp 3 850001 880002 477.78 900.00 ND 56.22< 900.00 477.78
Restaurant 1 415000 415000 902.17 460.00 ND ND 460.00 902.17
Retail Mult Occ Unsp 1 270000 270000 NA NA ND 91.53< NA NA
Retail Sgle Occ Unsp 2 835587 835587 222.00 6506.00 15.99< 84.64< 6506.00 222.00
Retail Store/Showrm 2 1042950 1042950 192.15 2420.00 297.99< ND 2420.00 192.15
Shop 1 386000 386000 369.38 1045.00 104.61< ND 1045.00 369.38
Strata/Subdiv Office 3 297000 313500 508.93 616.00 86.36< 83.60< 616.00 508.93
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 1 346000 346000 327.65 1056.00 71.71< ND 1056.00 327.65
Factory Unsp 5 456200 310000 380.08 19180.00 88.57< 66.10< 19180.00 41.75
Ind Dev Site 4 290200 279400 65.78 1800.00 101.16< 167.46< 2989.25 97.08
Warehouse 1 4000000 4000000 40.56 98610.00 2139.04< ND 98610.00 40.56
Warehouse Unspec 2 1377500 1377500 1208.73 1477.50 ND 67.79< 1477.50 932.32
Warehouse/Showroom 1 620000 620000 269.57 2300.00 151.22< 161.04< 2300.00 269.57
Primary Production ($/SM) (SM) (SM) ($/SM)
Livestock – Beef 4 518750 465000 1.02 458900.00 ND 46.50< 525384.25 0.99
MixedFarm no impr 3 250666 280000 0.27 444800.00 51.85< 61.88< 693300.00 0.36
MixedFarm&GrazUnsp 5 483500 455000 1.75 339400.00 41.99< 79.27< 472926.20 1.02
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 32 314195 316250 732.41 540.00 99.53< 90.04< 551.59 570.41
Detached Home Unsp 177 313178 302000 379.57 701.00 274.55< 106.34< 804.10 389.33
Detached Home(exist) 413 289753 272500 329.64 700.00 106.86< 98.29< 767.04 380.37
House & Flat/Studio 3 307833 282000 348.54 756.00 ND ND 1073.00 286.89
Res Investment Flat 12 256958 168750 151.14 2200.00 ND 70.02< 2200.00 151.14
Res/Rural Lstyle 25 542300 532500 50.71 10500.00 128.31< 109.79< 19201.88 28.24
ResLandWithImprovemt 1 350000 350000 607.64 576.00 ND ND 576.00 607.64
Retire Village Unit 4 98250 72500 NA NA 61.44< 40.28< NA NA
Single Strata Unsp 27 213574 192000 NA NA ND 109.71< NA NA
Strata Unit/Flat Uns 41 214343 195000 NA NA 108.33< 112.88< NA NA
Terrace House 1 311000 311000 1151.85 270.00 ND ND 270.00 1151.85
Townhouse 48 185135 183250 NA NA 103.53< 87.68< NA NA
Vac Res A 275 121387 115900 227.27 660.00 106.14< 105.36< 720.15 168.58
Vac Res B 7 219300 150000 62.33 2551.00 111.11< 84.51< 2543.86 86.21
Vac Res in globo Oth 2 1163050 1163050 23.09 314235.50 ND 620.38< 314235.50 3.70
Vac Res/Rural Lstyle 20 235405 249500 13.48 21145.00 129.95< 118.53< 37872.55 6.22

Municipality totals
Commercial Total 20 Commercial Total Prices $15,655,685
Primary Production Total 12 Primary Production Total Prices $5,244,500
Industrial Total 14 Industrial Total Prices $11,162,800
Residential Total 1,088 Residential Total Prices $269,165,465
All Sales Total 1,134 All Sales Total $301,228,450

A Guide to Property Values 2013 Page 240

 Wyndham City
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 773 65,000 68,839 57 51,300 52,705 1,399 20,100 23,397

1986 693 70,500 74,490 59 71,000 121,476 1,411 23,200 28,793
1987 833 76,000 83,080 87 72,000 79,357 1,399 25,500 31,540
1988 1,205 85,000 91,598 167 75,000 87,905 1,795 29,700 36,284
1989 966 101,750 108,435 157 84,500 90,642 1,583 39,500 44,269
1990 782 107,500 116,399 127 95,000 106,524 963 42,000 45,371
1991 764 105,000 114,625 95 93,000 111,705 1,044 39,000 44,431
1992 897 103,000 111,178 104 86,500 101,701 1,230 38,000 42,164
1993 958 100,000 109,226 130 83,750 93,240 1,120 40,000 45,142
1994 1,097 101,500 108,485 132 85,000 94,201 941 42,000 47,485
1995 1,067 100,000 107,778 117 82,000 93,363 654 43,000 51,976
1996 1,023 101,000 112,018 109 80,000 87,886 553 45,000 55,626
1997 1,309 105,000 112,977 162 82,000 89,761 881 45,000 55,524
1998 1,261 110,000 121,408 138 83,500 90,876 949 49,900 63,257
1999 1,432 122,000 137,245 173 95,000 113,262 1,567 55,000 65,429
2000 1,561 134,000 150,390 164 105,625 111,905 1,440 62,957 70,355
2001 2,025 148,000 167,861 262 129,500 157,908 3,182 68,000 75,751
2002 2,191 180,000 202,084 304 152,000 167,475 3,848 83,000 94,610
2003 2,393 208,000 235,198 297 183,000 200,602 4,413 112,000 120,261
2004 2,206 231,500 253,759 247 196,000 216,682 2,252 125,000 132,491
2005 2,328 240,000 263,494 279 210,000 231,152 2,479 125,000 131,830
2006 2,205 260,000 278,562 334 214,500 283,073 3,057 128,000 137,905
2007 3,053 270,000 297,067 484 217,500 240,908 4,725 135,000 145,686
2008 2,793 282,000 310,134 503 231,000 240,685 4,139 145,000 155,984
2009 3,361 308,624 330,903 781 255,000 256,769 6,338 160,000 168,481
2010 3,520 350,000 383,766 558 280,000 286,645 4,975 190,000 205,350
2011 3,042 359,000 385,005 439 291,000 295,186 2,433 220,000 228,122
2012 2,795 353,000 379,750 409 279,000 283,987 1,680 220,000 227,100
2013 2,893 365,500 388,937 423 265,000 283,867 1,989 210,000 218,929
2014 416 371,327 389,267 52 290,000 290,726 174 215,099 225,769

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 241

 Wyndham City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Convenience/FastFood 1 2265000 2265000 1303.97 1737.00 ND ND 1737.00 1303.97
Dev Site 8 3702762 1087350 471.60 2799.00 128.45< 124.29< 9052.43 453.98
Fuel Outlet/Garage 1 1000000 1000000 4504.50 222.00 ND 44.35< 222.00 4504.50
Member Club Facility 1 5250000 5250000 36.53 143700.00 ND ND 143700.00 36.53
Mixed Use Unsp 6 782916 770000 800.58 1374.00 58.33< 178.03< 1139.00 816.07
National Co Rest 1 775000 775000 NA NA ND ND NA NA
Office Prem Unsp 3 362666 287000 5222.22 135.00 ND 8.89< 135.00 5222.22
Retail Sgle Occ Unsp 8 3702762 1087350 471.60 2799.00 128.45< 124.29< 9052.43 453.98
Retail Store/Showrm 1 444445 444445 2402.41 185.00 37.04< 12.70< 185.00 2402.41
Shop 2 602500 602500 5233.64 107.00 84.68< 238.14< 107.00 5233.64
Shopping Centre Unsp 2 20471125 20471125 1977.35 13800.00 ND ND 13800.00 1483.41
Strata/Subdiv Office 1 407000 407000 NA NA 73.07< 111.51< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 400000 400000 98.84 4047.00 6.23< 83.33< 4047.00 98.84
Industrial ($/SM) (SM) (SM) ($/SM)
Coolstore/Coldstore 1 7100000 7100000 990.24 7170.00 ND ND 7170.00 990.24
Factory 20 995530 555950 900.05 618.50 146.92< 171.85< 3139.10 478.00
Factory Unit 1 1100000 1100000 NA NA ND 162.96< NA NA
Factory Unsp 30 504952 359000 879.24 702.50 60.38< 93.98< 1346.40 614.16
Food ProcessingUnsp 1 1100000 1100000 117.75 9342.00 ND ND 9342.00 117.75
Ind Dev Site 20 2686163 487500 159.58 1883.00 78.95< 91.08< 7399.31 420.66
Office/Factory 1 341000 341000 59.73 5709.00 ND 105.98< 5709.00 59.73
Warehouse 4 7556333 5462500 342.74 1240.00 1933.63< 437.00< 1240.00 342.74
Warehouse Unspec 13 1752269 535000 767.70 1003.00 ND 96.12< 5626.57 502.22
Warehouse/Showroom 1 410000 410000 1231.23 333.00 32.03< 45.56< 333.00 1231.23
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 2 27160 27160 308.14 172.00 1131.67< 685.86< 172.00 308.14
Primary Production ($/SM) (SM) (SM) ($/SM)
MarketGardenVeg <20h 1 1375000 1375000 16.15 85120.00 305.56< 114.58< 85120.00 16.15
MixedFarm + impr 1 5060000 5060000 10.17 497366.00 ND ND 497366.00 10.17
MixedFarm&GrazUnsp 1 8514000 8514000 27.68 307600.00 32.13< ND 307600.00 27.68
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home (new) 59 449378 400000 1152.67 412.00 115.36< 103.90< 426.93 1063.53
Detached Home Unsp 1637 390579 370000 618.92 555.00 131.21< 108.82< 570.80 686.06
Detached Home(exist) 1192 383890 360000 627.24 558.00 120.00< 97.30< 571.56 673.96
Half Pair or Duplex 1 307000 307000 NA NA 120.39< 103.02< NA NA
House & Flat/Studio 1 355000 355000 541.98 655.00 ND ND 655.00 541.98
Res Dev Site 4 1442466 1277894 690.49 2408.00 1161.72< 501.13< 2213.25 651.74
Res Investment Flat 11 413363 286000 416.67 588.00 ND 100.79< 588.00 416.67
Res/Rural Lstyle 18 1047572 883650 257.40 6440.50 143.10< 103.96< 30796.72 34.02
ResLandWithImprovemt 5 403800 361000 1011.88 472.50 124.48< 109.39< 460.50 944.08
Retire Village Unit 2 238000 238000 NA NA 95.20< 84.40< NA NA
Single Strata Unit 4 237500 272500 NA NA 105.21< 91.75< NA NA
Single Strata Unsp 156 268436 260000 NA NA 92.67< 95.94< NA NA
Strata Unit/Flat Uns 202 289190 273000 NA NA 107.27< 92.54< NA NA
Sub Div (in globo) 1 3337488 3337488 123.15 27100.00 83.81< 221.03< 27100.00 123.15
Sub Div (Multi Lot) 3 5444728 5531686 90.65 61020.00 ND 166.07< 426795.00 12.76
Terrace House 3 348266 359900 1526.72 244.00 134.54< 90.43< 244.00 1515.98
Townhouse 48 287717 280000 NA NA 108.46< 93.96< NA NA
Vac Res A 1988 218775 210000 396.43 420.00 131.25< 95.45< 442.51 492.26
Vac Res B 1 525000 525000 203.80 2576.00 116.15< ND 2576.00 203.80
Vac Res in globo Oth 7 5463461 3620430 938.14 19400.00 1229.35< 65.23< 550437.00 9.93
Vac Res/Rural Lstyle 3 286666 250000 61.09 4092.00 57.08< 103.09< 4239.00 67.63

Municipality totals
Commercial Total 35 Commercial Total Prices $117,318,398
Community Services Total 1 Community Services Total Prices $400,000
Industrial Total 92 Industrial Total Prices $151,838,257
Primary Production Total 3 Primary Production Total Prices $14,949,000
Residential Total 5,346 Residential Total Prices $1,766,143,907
Infrastruc&Utilities Total 2 Infrastruc&Utilities Total Prices $54,320
All Sales Total 5,479 All Sales Total $2,050,703,882

A Guide to Property Values 2013 Page 242

 Yarra City
Residential price statistics 1985 to 2014

900,000

800,000

700,000

600,000

500,000

400,000

300,000

200,000

100,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 1,723 75,500 85,717 616 48,500 70,606 26 50,000 97,642

1986 1,370 83,000 95,393 408 54,000 77,216 20 41,500 53,695
1987 1,482 97,950 114,078 461 55,000 93,941 25 55,000 121,280
1988 1,586 136,500 156,925 511 78,500 127,834 29 65,000 122,296
1989 1,132 160,000 183,971 427 100,000 151,894 6 71,600 ^ 61,450 ^
1990 1,043 152,500 174,094 339 92,000 132,364 4 31,050 ^ 35,500 ^
1991 1,102 152,000 166,767 482 97,125 118,648 7 75,000 ^ 103,642 ^
1992 1,085 150,000 166,662 534 107,000 126,109 12 90,500 103,812
1993 1,229 160,000 180,033 610 111,000 132,654 33 130,000 118,770
1994 1,310 172,750 190,135 556 118,000 134,332 27 100,000 118,207
1995 1,200 170,000 189,662 516 115,000 139,287 61 90,000 115,794
1996 1,283 180,000 201,034 720 145,000 185,368 42 116,000 124,700
1997 1,581 220,000 241,133 1,035 159,150 180,747 54 149,000 153,110
1998 1,333 245,000 269,597 996 175,000 197,467 61 147,000 136,477
1999 1,274 283,525 303,693 1,191 220,000 233,438 71 200,000 224,889
2000 1,327 306,000 337,450 1,075 245,000 262,148 19 175,000 156,934
2001 1,409 372,100 403,151 1,174 266,000 286,948 29 200,000 245,772
2002 1,211 424,500 460,637 1,023 326,350 344,444 3 10,725 ^ 23,611 ^
2003 1,176 454,272 499,760 968 340,000 365,369 4 31,250 ^ 82,250 ^
2004 1,110 480,000 521,284 920 345,000 376,811 3 350,000 ^ 252,000 ^
2005 1,156 491,000 540,798 937 360,000 385,318 3 295,000 ^ 213,268 ^
2006 1,091 536,000 592,764 988 375,000 410,138 10 301,381 290,401
2007 1,138 674,500 766,029 1,288 412,500 455,457 22 218,500 227,397
2008 872 677,250 759,934 1,043 440,000 475,593 6 177,500 ^ 201,833 ^
2009 986 720,500 801,155 1,636 485,000 526,092 2 290,000 ^ 290,000 ^
2010 1,014 822,250 932,778 1,531 515,000 560,729 19 250,000 279,187
2011 935 805,000 905,411 1,273 533,000 591,958 0 250,000 * 279,187 *
2012 872 808,250 953,445 988 525,000 553,256 0 250,000 * 279,187 *
2013 847 878,000 993,893 992 535,000 597,474 0 250,000 * 279,187 *
2014 75 875,000 933,486 105 521,000 543,095 0 250,000 * 279,187 *

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 243

 Yarra City
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Dev Site 5 1422000 455000 2774.25 236.50 86.67< 82.73< 236.50 3118.39
Ground Level Parking 2 2712500 2712500 7614.25 947.50 ND 332.82< 947.50 2862.80
Health Clinic Unsp 3 3302500 3135000 4533.18 3695.50 ND 66.24< 3695.50 916.32
Indiv Car Park Unsp 1 60000 60000 6.81 8813.00 ND ND 8813.00 6.81
LowRise Office Build 4 13740875 15075000 9398.01 7755.00 ND 771.67< 7755.00 1599.84
Mixed Use Office 1 1286010 1286010 69.16 18594.00 ND 119.08< 18594.00 69.16
Mixed Use Unsp 9 1728750 1251000 2460.53 247.00 101.50< 108.78< 430.00 4144.10
Multi-level Office 4 22476778 17088205 13214.94 2170.00 1952.94< 182.27< 2126.00 13234.10
Office & Dwelling 1 1530000 1530000 NA NA ND ND NA NA
Office Prem Unsp 37 1332104 803000 6368.42 285.00 ND 100.69< 707.73 2069.89
Pub/Tavern/Club Unsp 4 1610000 1575000 6287.50 235.00 ND 61.52< 262.25 6139.18
Restaurant 5 1282600 715000 1617.65 238.00 62.17< 59.58< 452.60 2833.85
Retail Mult Occ Unsp 11 885909 835000 4503.11 161.00 ND 92.78< 162.45 5453.27
Retail Sgle Occ Unsp 5 1422000 455000 2774.25 236.50 86.67< 82.73< 236.50 3118.39
Retail Store/Showrm 11 1224182 1370000 4995.82 256.00 22.46< 92.82< 921.50 1217.15
Shop 11 1506250 995000 6827.03 218.00 93.25< 119.13< 270.10 5838.12
Shop & Dwelling 7 1270714 1060000 1583.93 409.50 134.77< ND 394.00 3314.30
Strata/Subdiv Office 14 642371 570000 4434.37 2873.00 100.00< 64.19< 2835.25 334.63
Tourist Park/Caravan 1 395000 395000 NA NA ND ND NA NA
Vehicle Sales Centre 1 410000 410000 NA NA 72.57< 30.25< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Private Hospital 1 1760000 1760000 94.65 18594.00 ND ND 18594.00 94.65
School SecondaryUnsp 1 6423400 6423400 NA NA ND ND NA NA
Industrial ($/SM) (SM) (SM) ($/SM)
Coolstore/Coldstore 2 907500 907500 3734.57 243.00 ND ND 243.00 3734.57
Factory 3 2113666 1270000 3223.35 394.00 156.26< 144.81< 570.00 3708.19
Factory Unsp 19 1472289 980000 618.59 309.00 115.29< 76.41< 588.06 2654.65
Ind Dev Site 2 1159067 1159067 2998.36 401.00 104.28< 123.96< 401.00 2890.44
Warehouse 3 1751666 1900000 1947.78 2018.50 272.40< 153.23< 2018.50 778.55
Warehouse Unspec 11 1182000 1160000 3053.98 352.00 ND 98.93< 962.67 1147.51
Warehouse/Showroom 1 390000 390000 NA NA 33.55< 19.67< NA NA
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Electric Substation 1 60500 60500 1779.41 34.00 ND 27.50< 34.00 1779.41
Residential ($/SM) (SM) (SM) ($/SM)
Conjoined StrataUnit 2 101250 101250 NA NA 12.66< ND NA NA
Detached Home (new) 13 861598 837000 4201.21 156.00 144.31< 97.33< 206.75 4083.35
Detached Home Unsp 458 985434 866000 8739.70 182.00 180.04< 108.93< 245.23 4058.30
Detached Home(exist) 329 1022635 889000 6508.06 186.00 121.78< 109.48< 240.87 4250.72
Half Pair or Duplex 2 797750 797750 6734.19 118.00 ND 79.89< 118.00 6760.59
Res Dev Site 3 7000766 10065000 2385.91 4266.00 179.87< 1314.92< 4266.00 2385.91
Res Investment Flat 13 1389784 675000 1809.65 373.00 120.54< 135.68< 373.00 1809.65
Res Land ($0) 2 1232500 1232500 3351.60 414.00 ND 70.90< 414.00 2977.05
Res/Rural Lstyle 11 824000 840000 209.03 4784.00 211.32< 123.53< 6605.78 122.60
ResLandWithImprovemt 7 709126 645000 3142.29 196.00 10750.00< 173.15< 1909.60 375.04
Retire Village Unit 8 506125 530500 NA NA 141.47< 80.99< NA NA
Semi-detached Unsp 1 1020000 1020000 5396.83 189.00 177.86< 124.62< 189.00 5396.83
Single Strata Unsp 265 558747 505000 NA NA 131.17< 109.54< NA NA
Storage Area 1 8750 8750 1.98 4424.00 ND ND 4424.00 1.98
Strata Dwelling 1 1512000 1512000 NA NA 254.12< 223.34< NA NA
Strata Unit/Flat Uns 602 577754 534500 NA NA 112.53< 100.00< NA NA
Terrace House 44 914436 895000 6907.89 152.00 127.86< 103.59< 182.35 5052.54
Townhouse 101 722653 671000 NA NA 122.45< 102.29< NA NA
Sport/Hrtge/Cultural ($/SM) (SM) (SM) ($/SM)
National Museum 1 2100000 2100000 8076.92 260.00 ND ND 260.00 8076.92

Municipality totals
Community Services Total 2 Community Services Total Prices $8,183,400
Residential Total 1,863 Residential Total Prices $1,472,026,576
Commercial Total 137 Commercial Total Prices $313,471,675
Industrial Total 41 Industrial Total Prices $57,094,631
Infrastruc&Utilities Total 1 Infrastruc&Utilities Total Prices $60,500
Sport/Hrtge/Cultural Total 1 Sport/Hrtge/Cultural Total Prices $2,100,000
All Sales Total 2,045 All Sales Total $1,852,936,782

A Guide to Property Values 2013 Page 244

 Yarra Ranges Shire
Residential price statistics 1985 to 2014

450,000

400,000

350,000

300,000

250,000

200,000

150,000

100,000

50,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 3,151 67,000 73,379 132 63,900 78,121 1,445 25,000 25,007
1986 2,755 72,000 79,337 144 63,000 102,089 1,173 27,900 30,708
1987 3,074 76,500 87,448 168 69,000 84,842 1,012 31,500 35,603
1988 3,702 90,000 103,428 306 91,700 131,899 1,215 40,000 44,348
1989 2,540 115,000 126,824 246 105,000 126,744 689 53,000 61,802
1990 1,945 115,000 127,508 202 97,000 110,683 406 57,000 58,979
1991 1,989 110,000 120,495 165 88,950 106,333 375 52,500 54,719
1992 2,183 109,500 119,678 173 92,000 99,512 420 51,406 56,481
1993 2,324 109,000 122,206 172 85,000 104,356 467 53,500 58,592
1994 2,370 110,000 123,671 168 90,000 105,869 599 55,000 58,128
1995 2,111 110,000 124,932 141 86,000 101,424 500 55,000 58,243
1996 2,315 110,000 122,777 156 95,000 109,570 555 51,000 56,845
1997 2,716 113,000 128,819 185 87,000 98,187 792 58,000 65,711
1998 2,602 120,000 135,054 213 98,000 110,067 774 61,000 67,349
1999 2,814 133,000 153,804 259 115,000 116,570 919 69,900 76,265
2000 3,005 148,000 168,686 260 125,000 141,024 575 75,000 75,217
2001 3,488 175,000 196,341 311 140,000 150,918 836 85,000 86,902
2002 3,343 210,000 233,276 275 158,000 172,884 535 110,000 104,949
2003 3,078 240,060 263,947 254 197,250 210,058 472 125,000 127,887
2004 2,789 259,000 283,600 303 217,000 231,716 250 130,000 137,670
2005 2,799 270,250 296,412 336 227,750 232,639 278 144,000 151,638
2006 2,642 286,000 314,386 318 230,000 236,807 327 147,000 161,084
2007 3,077 317,000 343,086 454 254,750 258,678 382 150,000 169,929
2008 2,433 341,000 365,482 370 290,000 294,356 252 160,000 166,362
2009 2,562 360,000 376,847 492 310,500 313,624 296 161,750 175,724
2010 2,333 415,000 430,333 403 345,000 358,582 242 177,000 193,297
2011 2,110 418,250 430,424 325 363,000 355,900 229 190,000 198,929
2012 2,066 405,000 418,054 340 345,750 340,467 193 195,000 207,113
2013 2,150 425,000 439,899 341 355,000 348,886 233 224,500 221,827
2014 293 433,000 444,886 53 360,000 351,545 39 248,000 251,102

Statistics for 2014 are based on a small number of sales and are preliminary only.

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 Yarra Ranges Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Bank 1 2880000 2880000 6760.56 426.00 398.34< ND 426.00 6760.56
Bed and Breakfast 1 640000 640000 259.21 2469.00 ND 16.00< 2469.00 259.21
Dev Site 3 464333 460000 1010.99 455.00 139.39< 123.49< 9212.33 50.40
Fuel Outlet/Garage 2 947501 947501 256.80 7766.00 ND 84.22< 7766.00 122.01
Health Clinic Unsp 1 510000 510000 755.56 675.00 ND 110.87< 675.00 755.56
Hotel/Motel Unsp 1 975000 975000 80.48 12115.00 ND ND 12115.00 80.48
Medical/Surgery 1 460000 460000 NA NA ND 11.08< NA NA
Mixed Use Unsp 4 798750 825000 1448.50 479.50 181.32< 81.93< 2369.25 337.13
National Co Unsp 1 3705882 3705882 908.97 4077.00 ND 741.18< 4077.00 908.97
Retail Mult Occ Unsp 4 450925 429000 535.41 786.00 ND ND 895.00 503.83
Retail Sgle Occ Unsp 3 464333 460000 1010.99 455.00 139.39< 123.49< 9212.33 50.40
Retail Store/Showrm 3 2224000 2400000 478.01 8368.00 28.62< 172.97< 8368.00 478.01
Serv Apt/Unit Unsp 8 745312 760000 91.64 10048.50 ND 262.07< 33974.75 21.94
Shop 9 379777 320000 938.42 341.00 86.49< 114.29< 532.00 735.23
Shopping Centre Unsp 2 9283406 9283406 5806.45 155.00 ND ND 155.00 5806.45
Strata/Subdiv Office 2 250000 250000 250000.00 1.00 128.21< 113.64< 1.00 250000.00
Vehicle Sales Centre 1 4150000 4150000 NA NA ND 439.15< NA NA
Community Services ($/SM) (SM) (SM) ($/SM)
Church, Temple, etc. 1 640000 640000 312.96 2045.00 ND ND 2045.00 312.96
School SecondaryUnsp 1 9500000 9500000 84.05 113026.00 ND ND 113026.00 84.05
Industrial ($/SM) (SM) (SM) ($/SM)
Factory 9 1278377 341000 1724.45 222.00 81.58< 62.63< 5924.67 298.40
Factory Unsp 8 838187 717750 126.92 5200.00 ND 240.96< 317517.40 3.26
Office/Factory 1 309760 309760 NA NA ND ND NA NA
Warehouse/Showroom 1 935000 935000 1068.57 875.00 ND ND 875.00 1068.57
Infrastruc&Utilities ($/SM) (SM) (SM) ($/SM)
Closed Roads 4 24887 9350 7.13 545.50 46.75< 3116.67< 545.50 8.60
Primary Production ($/SM) (SM) (SM) ($/SM)
DomsticLivestockGraz 1 600000 600000 0.50 1207000.00 ND ND 1207000.00 0.50
MarketGardenVeg <20h 1 546000 546000 10.07 54200.00 174.16< 56.58< 54200.00 10.07
MixedFarm no impr 2 755000 755000 2.44 323600.00 92.35< 109.66< 323600.00 2.33
MixedFarm&GrazUnsp 18 1454873 792500 2.00 275600.00 283.04< 98.33< 505407.00 2.88
Plant/Tree Nursery 2 605000 605000 11.44 60206.50 ND 151.25< 60206.50 10.05
Vineyard 9 1737555 1238000 19.83 40840.00 72.82< 80.39< 309588.89 5.61
Residential ($/SM) (SM) (SM) ($/SM)
Age Care/Nursing Uns 2 6225000 6225000 3641.55 11619.00 ND ND 11619.00 535.76
Boarding/Dorm Unsp 1 1500000 1500000 NA NA ND 245.90< NA NA
Detached Home (new) 32 445090 420500 904.85 703.00 116.81< 105.52< 851.20 555.15
Detached Home Unsp 819 445663 430000 423.07 975.00 ND 101.47< 1187.53 377.26
Detached Home(exist) 1294 435989 420000 397.53 971.00 116.67< 101.20< 1200.74 363.82
Half Pair or Duplex 4 426250 405750 786.06 671.00 130.89< 112.71< 671.00 725.78
Individual Car Park 1 58300 58300 NA NA 89.69< ND NA NA
Res Dev Site 2 305000 305000 36.63 10510.00 ND 109.32< 10510.00 36.63
Res Investment Flat 2 395500 395500 NA NA 32.69< 103.13< NA NA
Res/Rural Lstyle 364 697427 650000 38.85 10167.00 106.56< 98.48< 27404.96 25.40
ResLandWithImprovemt 7 692785 670000 144.80 4627.00 231.03< 84.28< 32548.43 21.28
Retire Village Unit 25 313420 310000 NA NA 105.09< 97.64< NA NA
Sep House & Curt 1 1000000 1000000 500.00 2000.00 ND 289.02< 2000.00 500.00
Single Strata Unit 2 353500 353500 NA NA 98.19< 81.08< NA NA
Single Strata Unsp 88 344711 348000 NA NA 113.73< 114.10< NA NA
Strata Unit/Flat Uns 120 349209 356500 NA NA 113.17< 98.24< NA NA
Sub Div (in globo) 1 900000 900000 288.37 3121.00 ND ND 3121.00 288.37
Terrace House 1 667500 667500 667.50 1000.00 149.66< 136.22< 1000.00 667.50
Townhouse 104 359585 369000 NA NA 119.03< 99.73< NA NA
Vac Res A 216 223696 225000 555.26 742.00 139.75< 118.42< 850.40 259.93
Vac Res B 17 198082 180000 73.32 2421.00 109.76< 110.43< 2595.82 76.31
Vac Res in globo Oth 2 2700000 2700000 27.88 212605.00 ND 675.00< 212605.00 12.70
Vac Res/Rural Lstyle 42 527738 495000 28.64 22000.00 160.45< 163.64< 36275.32 14.44

Municipality totals
Commercial Total 47 Commercial Total Prices $58,119,897
Infrastruc&Utilities Total 4 Infrastruc&Utilities Total Prices $99,550
Primary Production Total 33 Primary Production Total Prices $45,691,730
Community Services Total 2 Community Services Total Prices $10,140,000
Industrial Total 19 Industrial Total Prices $19,455,662
Residential Total 3,147 Residential Total Prices $1,419,237,095
All Sales Total 3,252 All Sales Total $1,552,743,934

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 Yarriambiack Shire
Residential price statistics 1985 to 2014

360,000

320,000

280,000

240,000

200,000

160,000

120,000

80,000

40,000

0
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
House Median Unit/Apartment Median Vacant House Block Median

Houses Units/Apartments Vacant House Blocks

Year No. of Median Mean No. of Median Mean No. of Median Mean
Sales Price Price Sales Price Price Sales Price Price

1985 94 23,500 28,853 1 40,000^ 40,000^ 31 6,000 7,009

1986 81 25,000 30,081 0 40,000* 40,000* 37 4,000 5,802
1987 108 24,800 28,274 0 40,000* 40,000* 36 5,250 7,380
1988 109 31,300 35,296 1 80,000^ 80,000^ 53 5,000 6,696
1989 143 33,000 38,860 0 80,000* 80,000* 29 3,300 7,524
1990 82 35,000 36,284 1 13,250^ 13,250^ 33 6,000 11,216
1991 82 33,389 39,491 0 13,250* 13,250* 25 14,000 16,880
1992 98 42,000 44,749 0 13,250* 13,250* 28 10,177 18,993
1993 97 38,500 42,147 3 27,000^ 53,333^ 24 8,500 14,768
1994 109 42,000 46,519 2 35,000^ 35,000^ 12 9,000 14,970
1995 113 40,000 49,357 1 70,000^ 70,000^ 27 15,650 24,363
1996 120 44,250 71,638 2 75,000^ 75,000^ 19 8,500 18,049
1997 112 35,000 51,939 1 67,500^ 67,500^ 25 10,000 15,349
1998 112 28,000 39,148 0 67,500* 67,500* 28 9,650 22,118
1999 123 34,000 52,875 0 67,500* 67,500* 21 8,500 12,230
2000 110 37,000 53,505 2 69,000^ 69,000^ 36 10,000 14,301
2001 123 45,500 52,916 1 75,000^ 75,000^ 99 15,000 17,464
2002 150 50,000 57,667 4 74,500^ 70,500^ 68 17,500 21,352
2003 142 48,950 55,792 3 80,000^ 77,666^ 43 20,000 23,098
2004 147 63,000 70,318 1 105,000^ 105,000^ 74 21,500 25,145
2005 150 67,500 76,949 2 75,000^ 75,000^ 40 14,000 23,523
2006 150 79,500 87,800 0 75,000* 75,000* 44 24,750 31,637
2007 149 75,000 86,476 0 75,000* 75,000* 37 31,500 38,319
2008 142 80,000 96,025 3 130,000^ 124,666^ 37 13,500 21,740
2009 123 82,000 91,254 4 112,500^ 113,562^ 41 8,703 22,628
2010 112 85,000 99,032 4 144,500^ 153,750^ 37 23,000 40,183
2011 115 100,000 108,958 4 182,750^ 187,500^ 32 44,000 54,269
2012 130 100,000 105,750 2 127,500^ 127,500^ 34 26,000 29,657
2013 135 88,000 102,502 1 145,000^ 145,000^ 17 20,000 28,164
2014 21 100,000 99,023 0 145,000* 145,000* 3 26,000 ^ 26,833 ^

Statistics for 2014 are based on a small number of sales and are preliminary only.

A Guide to Property Values 2013 Page 247

 Yarriambiack Shire
Analysis of property sales for 2013
Land Use No of Mean Sales Median Sales Median Price Median Block Price-Indices Mean Block Mean Price per
Sales Price ($) Price ($) per Unit Area size (base is 100) size Unit Area
2012
2008
Commercial ($/SM) (SM) (SM) ($/SM)
Medical/Surgery 1 250000 250000 273.82 913.00 ND ND 913.00 273.82
Mixed Use Unsp 1 78000 78000 NA NA 23.64< 43.33< NA NA
Shop 1 64000 64000 94.96 674.00 110.34< 96.97< 674.00 94.96
Industrial ($/SM) (SM) (SM) ($/SM)
Warehouse Unspec 1 830000 830000 22.37 37101.00 ND ND 37101.00 22.37
Primary Production ($/SM) (SM) (SM) ($/SM)
GenCrop >20ha Unsp 13 325190 314621 0.15 1737000.00 173.15< 138.10< 1817698.38 0.18
Livestock – Beef 3 659001 723098 0.34 2353102.00 ND ND 2519061.33 0.26
MixedFarm no impr 3 513641 528535 0.27 2630550.00 163.71< 193.96< 2919350.00 0.18
MixedFarm&GrazUnsp 28 498031 408230 0.47 1929800.00 588.65< 138.07< 2390159.36 0.21
Residential ($/SM) (SM) (SM) ($/SM)
Detached Home Unsp 41 110453 80000 120.00 1000.00 23.53< 80.00< 1237.56 73.20
Detached Home(exist) 94 99034 90000 143.42 1011.00 109.76< 90.45< 1095.33 92.13
Res/Rural Lstyle 11 167136 173000 14.76 25740.00 155.86< 147.23< 34694.55 4.82
Strata Unit/Flat Uns 1 145000 145000 NA NA 107.41< 79.34< NA NA
Vac Res A 15 28720 20000 19.16 902.00 266.67< 39.60< 896.93 33.51
Vac Res B 2 24000 24000 10.29 2521.50 246.15< 208.70< 2521.50 9.52
Vac Res/Rural Lstyle 11 221378 45000 1.48 30504.00 86.54< 87.38< 36329.27 6.09

Municipality totals
Industrial Total 1 Industrial Total Prices $830,000
Residential Total 175 Residential Total Prices $18,735,261
Commercial Total 3 Commercial Total Prices $392,000
Primary Production Total 47 Primary Production Total Prices $21,690,289
All Sales Total 226 All Sales Total $41,647,550

A Guide to Property Values 2013 Page 248