Market snapshot
Suburb insights for Abbotsford3067
Change suburbAbbotsford is located 4 km east of the CBD and Bounded by the Yarra River in the east and Hoddle in the west. The suburb has been a mixed-use area with significant tracts of industrial residential and commercial land but has seen significant new residential developments taking place on former industrial land. Abbotsford has a youthful population with large numbers of 25-34 year olds and features Victoria Park Collingwood Children's Farm and Abbotsford Convent.
Sales data
Median sale price
$1.2mil
Quarterly price change
8.8%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Abbotsford | Metro comparison |
|---|---|---|
| 2 | $1,090,000 | $888,000 |
| 3 | $1,290,000 | $807,000 |
| 4 | - | $950,000 |
| Insight | Abbotsford | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 72.6% |
| Days on market | 45 | 43 |
Rental data
Median weekly rent
$750
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Abbotsford | Metro comparison |
|---|---|---|
| 2 | $700 | $575 |
| 3 | $890 | $550 |
| 4 | - | $600 |
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