Real Estate Sale Vic 3850

Real Estate Market: Is Sale VIC 3850 a Good Suburb to Buy Into?

Housing Market in Sale

Key Sale Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$491	Bottom 31%	165% to Nov 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Sale

Sale Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Sale

25.8%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	38.3	Top 20%	74% to Jun 2025
Developments	0.1	Bottom 22%	Data for Jul 2023
Housing Stock Quality Indicator	22.9	Top 22%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	4 lots	Bottom 36%	100% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	66	Top 1%	560% to Nov 2025

Housing Stock Quality in Sale

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	85.1%	Bottom 16%	0 to Jan 2021
Average bedrooms - all homes	2.3	Bottom 34%	Data for Jan 2021
NBN connection: fibreoptic cable to node	21.4%	Top 12%	Data for Jun 2023

Development Restrictions in Sale

Sale Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Sale

29.6%

Latrobe

30.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Total area	130.0 sq km	Top 8%	Data for Jan 2021
Heritage overlay total area	2.9 sq km	Top 4%	Data for Jun 2023
Residential density	3730 sqm per resident	Top 30%	Data for Jan 2021

Risk in Sale

Sale Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Sale

31.0

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
% Owner Occupied	77.4%	Bottom 13%	0% to May 2023
% Rentals	22.6%	Top 13%	2% to May 2023
Housing Affordability Index	27	Bottom 30%	Data for Jun 2023
Median monthly mortgage	$1,560	Bottom 30%	30% to May 2023
Rent Affordability Index (Houses)	84	Top 17%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 21%	Data for Jun 2023
Mortgage as a percent of income	22.5%	Top 48%	13% to Jan 2021
Mortgaged Dwellings	33.8%	Bottom 36%	14% to May 2023

Housing Demand in Sale

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Sale

58.9%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	17000	Top 29%	11% to Dec 2036
Historical Population (SA3)	46000	Bottom 30%	13% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	46000	Top 28%	12% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Sale

Sale Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$397	Bottom 35%	168% to Nov 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	59.8%	Bottom 38%	28% to Nov 2025

Accommodation Options (37)

Headline	Place	Datetime
ARRA Accommodation Group	435 Raymond St
Bon Accord Bed & Breakfast
Best Western Aspen and Apartments	342 York St
Comfort Inn & Suites King Avenue	20 Princes Hwy
Captain's Lodge International Motel & VIP Restaurant	46 Princes Hwy

Realtors (3)

Headline	Place	Datetime
Elders Real Estate	2-8 Maffra-Sale Rd
FOB Livestock Sale Pty Ltd	78 Macarthur St
John Elliman Real Estate Pty Ltd	79 Macarthur St

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
3 Bronzewing Gr	$610,000	4.0	2.0	2.0	28 Nov 2025	On Market
143 Market St	$262,000				27 Nov 2025	On Market
30 Ray St	$316,000	3.0	1.0	1.0	26 Nov 2025	On Market
29 Buckley St	$310,000	3.0	1.0	1.0	25 Nov 2025	On Market
9 Dryden Pl	$583,000	4.0	2.0	2.0	25 Nov 2025	On Market

LGA Details (1)

Headline	Place	Datetime
Local government area	Wellington

Median Unit Sale Prices by Street (20)

Date	Median sale value	Street
28 Nov 2025	$345,600	Barkly St
28 Nov 2025	$294,800	Carter St
28 Nov 2025	$275,500	Centra Dr
28 Nov 2025	$357,700	Cunninghame St
28 Nov 2025	$406,000	Darling St

Median House Rental Prices by Street (64)

Level_0	Street	Date	Median rent (per week)
46300	Glebe Dr	28 Nov 2025	$562
46256	Elliman Cr	28 Nov 2025	$575
46251	Elgin St	28 Nov 2025	$491
46330	Guthridge Pde	28 Nov 2025	$511
46279	Foster St	28 Nov 2025	$567

Median House Sale Prices by Street (90)

Street	Date	Median sale value
Antares Ave	28 Nov 2025	$550,600
Araluen Dr	28 Nov 2025	$701,000
Ashley Ct	28 Nov 2025	$447,500
Barkly St	28 Nov 2025	$572,200
Billabong Ave	28 Nov 2025	$517,900

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
73.7%	Glomar Gr	average turnover	Every 13.6 years (average turnover)	2025
90.9%	York St	high turnover	Every 11.0 years (high turnover)	2025
69.7%	Inglis St	average turnover	Every 14.4 years (average turnover)	2025
107.4%	Guthridge Pde	very high turnover	Every 9.3 years (very high turnover)	2025
91.1%	Raglan St	high turnover	Every 11.0 years (high turnover)	2025

Percent of Renters by Street (100)

Percent of Renters	Street
5.4%	Acacia Ct
1.2%	Aerodrome Rd
45.6%	Alameda Dr
52.1%	Alexandra Ave
4.3%	Alison Ct

Businesses (83)

Name	Address
Colmac Homes	3 Northland Dr, Sale VIC 3850, Australia
GBG Concrete & Construction PTY LTD	339 Raglan St, Sale VIC 3850, Australia
Hydeng	14 Dawson St, Sale VIC 3850, Australia
Legend Homes	15 Swan Lake Dr, Sale VIC 3850, Australia
Defusion Electrical & Air Conditioning	4 Edward Ct, Sale VIC 3850, Australia

Planning Applications: Other (41)

Headline	Place	Date
Amendment to Planning Permit P270/2023 to include Easement removal (E-1) Request two year extension to above planning permit. - Streamlined Planning through Electronic Applications and Referrals S229552A	16 Mathieson Street, Sale VIC 3850	06 Jun 2025
Proposed boundary realignment and creation of carriageway easement - Streamlined Planning through Electronic Applications and Referrals S245884J	13/15 Stephenson Street, Sale VIC 3850	09 Apr 2025
Renewal of Licence by Owner etc. - Victorian Gambling and Casino Control Commission 29943A08	90 Raymond Street, Sale 3850, VIC	22 Jul 2022
Limited Licence - Renewable - Victorian Gambling and Casino Control Commission 71681A01	12 Leahe Cl, Sale 3850, VIC	19 Jul 2022
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 29943A07	90 Raymond Street, Sale 3850, VIC	11 Jul 2022

Planning Applications: Dwellings (8)

Headline	Place	Date
Construction of a Second Dwelling and Two Lot Subdivision - Streamlined Planning through Electronic Applications and Referrals S221209T	140 Stawell Street, Sale VIC 3850	30 Oct 2023
This proposal will see a standard residential allotment subdivided to create two (2) smaller lots. - Streamlined Planning through Electronic Applications and Referrals S219075E	37 Topping Street, Sale VIC 3850	21 Sep 2023
Construction of two dwellings, subdivision of land into two lots & removal of one street tree - Streamlined Planning through Electronic Applications and Referrals S216420J	16-18 Elgin Street, Sale VIC 3850	28 Jul 2023
The proposal will see a standard residential allotment subdivided to create two (2) smaller allotments. This - Streamlined Planning through Electronic Applications and Referrals S208771J	111 Market Street, Sale VIC 3850	01 Mar 2023
Subdivide the land into two (2) allotments, retain the existing dwelling as affordable housing stock to continue to front Raglan Street, and propose a new lot to the rear facing Nicholson Street. - Streamlined Planning through Electronic Applications and Referrals S194523S	213 Raglan Street, Sale VIC 3850	16 May 2022

Planning Applications: Industrial (1)

Headline	Place	Date
Seven Lot subdivision and development of seven industrial buildings - Streamlined Planning through Electronic Applications and Referrals S214535T	59-61 Wellington Park Way, Sale VIC 3850	20 Jun 2023

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 149 Raglan St	$460	3	2	2	28 Nov 2025
6 Langholme Ct	$580	4	2	4	25 Nov 2025
158 Raglan St	$430	2	1		25 Nov 2025
11 Mcghee St	$495	3	1	4	25 Nov 2025
11 Mcghee St	$495	3	1	4	25 Nov 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
143 Market St	$262,000				27 Nov 2025	On Market
Unit 1, 9 Elgin St	$370,000	2.0	1.0	1.0	26 Nov 2025	On Market
Unit 1, 9 Elgin St	$370,000	2.0	1.0	1.0	26 Nov 2025	On Market
Unit 9, 35 Stead St	$265,000	2.0	2.0	1.0	26 Nov 2025	On Market
Unit 1, 9 Elgin St	$370,000	2.0	1.0	1.0	26 Nov 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 19-21 Darling St	$360	2.0	1.0	1.0	28 Nov 2025
Unit 4, 74 Marley St	$355	2.0	1.0	1.0	17 Nov 2025
Unit 4, 74 Marley St	$355	2.0	1.0	1.0	17 Nov 2025
Unit 4, 16 Macalister St	$480	2.0	1.0	1.0	12 Nov 2025
Unit 4, 16 Macalister St	$480	2.0	1.0	1.0	12 Nov 2025

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