Ray White Langwarrin

Fast facts - 1. 2. 3. 4. HOUSES APARTMENTS LOWEST LOWEST MEDIAN MEDIAN HIGHEST HIGHEST HOUSE AVERAGE DAYS ON MARKET Houses sold last quarter House auction clearance rate Apartments sold last quarter 2011 2009 2013 2016 2017 10 YEARS 2008 2012 2015 2010 2014 SALES $523,000 $435,000 $357,950 $1,460,000 $570,500 $405,000 LANGWARRIN 18 83% 15 70 $300K $600K $500K $400K Source: Pricefinder 1 June - 31 August 2017 Langwarrin The median sales price for houses in Langwarrin now sits at $573,000. Compared to five years ago, the median sales price has increased 52% which equates to a compound annual growth rate of 8.75%. 5. LEASE HOUSE RENTAL YIELD APARTMENT RENTAL YIELD MEDIAN HOUSE RENT MEDIAN UNIT RENT $330 +3.5% +4.4% $415