Market snapshot
Suburb insights for Epping3076
Change suburbEpping is located 20 km north of the CBD. Epping has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the Plenty corridor north of Melbourne. The su burb has a young age structure dominated by families with more than three-quarters of the population aged between 0-17 and 25-49. The suburb also features the terminus of the suburban railway line the Epping Plaza Shopping Centre the Northern Hospital Northern Melbourne Institute of TAFE - Epping Campus.
Sales data
Median sale price
$691k
Quarterly price change
1.5%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Epping | Metro comparison |
|---|---|---|
| 2 | $498,000 | $888,000 |
| 3 | $660,000 | $807,000 |
| 4 | $760,000 | $950,000 |
| Insight | Epping | Metro comparison |
|---|---|---|
| Clearance rate | 80.2% | 72.6% |
| Days on market | 40 | 43 |
Rental data
Median weekly rent
$540
Rental yield
4.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Epping | Metro comparison |
|---|---|---|
| 2 | $450 | $575 |
| 3 | $500 | $550 |
| 4 | $600 | $600 |
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