Market snapshot

Suburb insights for East Melbourne3002

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East Melbourne, immediately east of the CBD, is a prestigious suburb featuring grand Victorian and Georgian terraces, tree-lined avenues, and embassies. Landmarks include Fitzroy Gardens, Parliament House, the MCG, and Yarra Park, making it both residentially elegant and sportingly significant. With a central location, top-tier schools, and leafy streets, it draws diplomats, executives, and families seeking convenience and distinction.

Recent sales and auction results in East Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
115-117 Grey St, East Melbourne18PriceHousePrivate Sale11/12/2025Marshall White
110/166 Wellington Pde, East Melbourne1PriceApartmentPrivate Sale7/12/2025BigginScottView

Sales data

Median sale price
$3.1mil
Quarterly price change
38.9%
Metro Melbourne Comparison
$974k
1.8%
BedroomsEast MelbourneMetro comparison
2-$940,000
3$3,050,000$851,000
4-$970,000
InsightEast MelbourneMetro comparison
Clearance rate52.4%77.8%
Days on market54.536

Rental data

Median weekly rent
$1,150
Rental yield
2%
Metro Melbourne Comparison
$580
3.2%
BedroomsEast MelbourneMetro comparison
2-$585
3$1,100$550
4-$600
Median data for the current quarter

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