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
$1.1mil
Quarterly price change
-21.4%
Metro Melbourne Comparison
$916k
0.1%
Bedrooms | Abbotsford | Metro comparison |
---|---|---|
2 | $1,168,000 | $902,000 |
3 | $1,390,000 | $807,500 |
4 | - | $950,000 |
Insight | Abbotsford | Metro comparison |
---|---|---|
Clearance rate | 72.2% | 73.3% |
Days on market | 46 | 42 |
Rental data
Median weekly rent
$800
Rental yield
3.3%
Metro Melbourne Comparison
$575
3.3%
Bedrooms | Abbotsford | Metro comparison |
---|---|---|
2 | $700 | $560 |
3 | $875 | $550 |
4 | - | $595 |
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