Market snapshot

Suburb insights for Flemington3031

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Flemington is located 4 km north-west of the CBD. Tram services run along key roads and provide a range of transport options for the residents of Flemington. Centred along Racecourse Road and Pin Oak Crescent are a range of retail and hospitality businesses reflecting the diverse cultures residing in the neighbourhood. A remnant industrial pocket exists south of the spur line containing a mix of storage and showroom-type businesses. The suburb features Debneys Park with frontage to the Moonee Ponds Creek and contains the Flemington Community Centre.

Recent sales and auction results in Flemington

AddressBedroomsPriceTypeMethodSale DateAgentListing
19 Lee St, Flemington3PriceHouse (Res)Auction Sale20/07/2024Nelson AlexanderView
112 Shields St, Flemington2PriceHouse (Res)Sold Before Auction15/07/2024Nelson AlexanderView
618/1 Ascot Vale Rd, Flemington2PriceApartmentPrivate Sale5/07/2024Little Real EstateView

Sales data

Median sale price
$1mil
Quarterly price change
-9.6%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsFlemingtonMetro comparison
2$928,000$902,500
3$1,220,000$810,000
4-$955,000
InsightFlemingtonMetro comparison
Clearance rate78.6%73.8%
Days on market40.542

Rental data

Median weekly rent
$650
Rental yield
3.1%
Metro Melbourne Comparison
$560
3.2%
BedroomsFlemingtonMetro comparison
2$638$550
3$783$540
4-$580
Median data for the current quarter
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