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.
Sales data
Median sale price
$763k
Quarterly price change
-1.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | South Morang | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $707,500 | $807,000 |
| 4 | $840,000 | $950,000 |
| Insight | South Morang | Metro comparison |
|---|---|---|
| Clearance rate | 76.5% | 72.6% |
| Days on market | 37 | 43 |
Rental data
Median weekly rent
$560
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | South Morang | Metro comparison |
|---|---|---|
| 2 | $488 | $575 |
| 3 | $520 | $550 |
| 4 | $600 | $600 |
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