Profile for East Melbourne

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East 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.

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Recent Sales & Auction Results in East Melbourne

Address Price Type Method Sale Date Agent
Property List
911V/162 Albert St, East melbourne 2 Apartment Private Sale 16/05/2024 Caine RE
1011/280 Albert St, East melbourne 5 Unit Private Sale 02/05/2024 Marshall White

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$3.75m

Metro Melbourne

$925k

Annual Price Change

4.5%

Metro Melbourne

-7.5%

Median Rent

$1,063

Metro Melbourne

$550

Rental Yield

1.5%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.3%
Days on Market 37 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms n/a $810,000
4 Bedrooms $3,503,966 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms n/a $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$698k

Metro Melbourne

$635k

Quarterly Price Change

-24.8%

Metro Melbourne

0.3%

Median Rent

$575

Metro Melbourne

$520

Rental Yield

3.7%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.3%
Days on Market 37 40
Median price by Bedrooms Suburb Metro
1 Bedroom $535,000 $370,000
2 Bedrooms $900,000 $600,000
3 Bedrooms $2,020,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $475 $450
2 Bedrooms $630 $540
3 Bedrooms $900 $620

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