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Bentleigh East

The Bentleigh East property market has flattened over the past 12 months to February 2020.

There have been 575 properties listed over the past 12 months, while 489 have sold. This compares to 589 listings for the same time last year, and 436 sales.

The current median sales price of a house in Bentleigh East is $1,200,000. This represents a fairly consistent movement of 0.8% over the past 12 months.

The time it takes to sell a house in Bentleigh East is currently 36 days. This timing is 8 days higher than a typical 4 week auction campaign.

For apartments, the median sales price is $825,000. Apartment prices have risen by 7.1% over the past 12 months. The time it takes to sell a unit in Bentleigh East is currently 29.5 days.

MICRO-SUBURBS
Median (# Sales)
HousesUnits
1$1,165,000
(67)
$940,000
(49)
2$1,252,500
(120)
$936,000
(105)
3$1,150,000
(56)
$1,115,500
(25)
4$1,225,000
(41)
$885,000
(45)
5$1,431,000
(26)
$1,120,000
(23)

Median Sales

House
Unit
$1,190,500

Feb 2019
(12 months)

$1,200,000

Feb 2020
(12 months)

$770,000

Feb 2019
(12 months)

$825,000

Feb 2020
(12 months)

 HouseMedian Sales Price Change inHouseMedian Sales Price

Number of Sales

338
Feb 2019
(12 months)
367
Feb 2020
(12 months)

8.6%

MOVEMENT


98
Feb 2019
(12 months)
122
Feb 2020
(12 months)

24.5%

MOVEMENT

Number of Listings

 House Listings Unit Listings
331
244
34
Days on Market

Rentals

Rental Yield

2.4%

Median Asking Rent

$550
per week

Percentage Rented

HOUSES & UNITS
22.4%

Rental Yield

3.5%

Median Asking Rent

$550
per week

Population

Population
27,656

Family Composition

CHILDLESS COUPLE

29.7%

COUPLES WITH CHILDREN

53.3%

SINGLE PARENTS

15.4%

OTHER

1.6%

Tenure Type

RENTING

22.4%

OWNS OUTRIGHT

36.7%

PURCHASING

38.3%

OTHER

0%

Definitions and Disclaimers

Sales metrics are for the period 1 Mar 19 - Feb 20 unless otherwise stated. For listings, 1 May 19 - Apr 20.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.