Market snapshot
Suburb insights for East Melbourne3002
Change suburbEast Melbourne is an established affluent area with many 19th century homes iconic landmarks and parks. The historic Fitzroy Treasury and Parliament gardens separate East Melbourne from the central city. Parliament House the Old Treasury Building St Patrick's Catholic Cathedral and the world-famous Melbourne Cricket Ground are all in East Melbourne. While terrace housing is widespread the area has a growing number of apartments as well as remnant mansions some of which are listed on the Victorian Heritage Register.
Recent sales and auction results in East Melbourne
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 26-28 Simpson St, East melbourne | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Caine RE | View |
| 609V/162 Albert St, East melbourne | 2 |  | Apartment | Private Sale | 10/07/2024 | Caine RE | View |
| 9-11 Garden Av, East melbourne | 8 | | House (Res) | Private Sale | 8/07/2024 | RT Edgar | |
| 13C/211 Powlett St, East melbourne | | Unit | Private Sale | 2/07/2024 | Jellis Craig | ||
| 9/400 Victoria Pde, East melbourne | 3 | | Apartment | Private Sale | 2/07/2024 | Jellis Craig |
Sales data
Median sale price
$3.9mil
Annual price change
12.8%
Metro Melbourne Comparison
$912k
-4.3%
| Bedrooms | East Melbourne | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | - | $810,000 |
| 4 | - | $955,000 |
| Insight | East Melbourne | Metro comparison |
|---|---|---|
| Clearance rate | 40% | 73.8% |
| Days on market | 36 | 42 |
Rental data
Median weekly rent
$1,100
Rental yield
1.5%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | East Melbourne | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $1,175 | $540 |
| 4 | - | $580 |
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