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.
Recent sales and auction results in Flemington
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 2/55 Dover St, Flemington | 2 |  | Apartment | Private Sale | 3/07/2026 | Jellis Craig | View |
| 116-118 Shields St, Flemington | 4 |  | House | Private Sale | 29/06/2026 | Nelson Alexander | View |
Sales data
Median sale price
$1.1mil
Quarterly price change
-8.1%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $970,000 | $950,000 |
| 3 | $1,225,000 | $872,000 |
| 4 | - | $990,000 |
| Insight | Flemington | Metro comparison |
|---|---|---|
| Clearance rate | 76.9% | 68.8% |
| Days on market | 34 | 42 |
Rental data
Median weekly rent
$650
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $620 | $600 |
| 3 | $795 | $560 |
| 4 | - | $600 |
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