Market snapshot
Suburb insights for South Morang3752
Change suburbSouth Morang is located 26 km north of the CBD. South Morang is a primarily rural and ruralresidential district in Melbourne's north with tracts of agricultural land in its northern regions. The suburb also features the South Morang Terminal Station the Darebin Creek Reserve and the City of Whittlesea municipal offices. South Morang is set to change in the future as a result of significant population growth with large tracts of land reserved for residential development.
Recent sales and auction results in South Morang
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 37 Alain Av, South morang |  | House (Res) | Auction Sale | 20/12/2024 | Harcourts Rata & Co | View | |
| 12 Meridian Dr, South morang | 5 |  | House (Res) | Auction Sale | 20/12/2024 | Ray White South Morang | View |
| 1 Princess St, South morang | 3 |  | House (Res) | Private Sale | 10/12/2024 | Morrison Kleeman |
Sales data
Median sale price
$770k
Quarterly price change
-6.2%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | South Morang | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $705,000 | $807,500 |
| 4 | $845,000 | $950,000 |
| Insight | South Morang | Metro comparison |
|---|---|---|
| Clearance rate | 71.9% | 73.3% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$550
Rental yield
3.6%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | South Morang | Metro comparison |
|---|---|---|
| 2 | $450 | $560 |
| 3 | $518 | $550 |
| 4 | $580 | $595 |
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