Market snapshot
Suburb insights for Flemington3031
Change suburbFlemington, approximately 4 km northwest of Melbourne’s CBD, is a diverse and energetic suburb best known for the iconic Flemington Racecourse. With historic terraces, modern apartments, and a multicultural food scene, it appeals to young professionals and city workers. Excellent tram and train links make it a commuter favourite.
Sales data
Median sale price
$1.1mil
Quarterly price change
-9.8%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $975,000 | $940,000 |
| 3 | $1,214,000 | $851,000 |
| 4 | - | $970,000 |
| Insight | Flemington | Metro comparison |
|---|---|---|
| Clearance rate | 85% | 77.8% |
| Days on market | 37 | 36 |
Rental data
Median weekly rent
$640
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $615 | $585 |
| 3 | $760 | $550 |
| 4 | - | $600 |
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