Lewis Property Report

HOUSE SALE PRICE Highest Median Lowest FAST FACTS COBURG FAWKNER Source: CoreLogic & SQM Research 1 May 2019 - 1 August 2019 NUMBER OF HOUSES SOLD LAST QUARTER MEDIAN HOUSE RENT RENTAL VACANCY RATE $3,025,000 $950,000 $860,000 $667,000 $580,000 $476,500 $525/week $400/week 1.2% 2% The median sales price for houses in Coburg now sits at $860,000. Compared to five years ago, the median sales price has increased 24.5% which equates to a compound annual growth rate of 4.5%. The median sales price for houses in Fawkner now sits at $667,000. Compared to five years ago, the median sales price has increased 55% which equates to a compound annual growth rate of 9.2%. 47 27 FOR RENT

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