Market snapshot
Suburb insights for Melbourne3000
Change suburbThe CBD is Melbourne's business and financial centre home to a wide range of retail, financial, administralitve and entertainment services. Federation Square is Melbourne's major public square hosting arts and cultural events and is home to the Ian Potter Centre and the Australian Centre for the Moving Image. The area also features the Royal Botanic Gardens, Kings Domain, Queen Victoria Gardens and Alexandra Gardens. To the east are Olympic Park and Melbourne Park that host a variety of sporting and entertainment events.
Sales data
Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$895k
-2.3%
| Bedrooms | Melbourne | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | - | $807,000 |
| 4 | - | $950,000 |
| Insight | Melbourne | Metro comparison |
|---|---|---|
| Clearance rate | 64.3% | 72.6% |
| Days on market | 47 | 43 |
Rental data
Median weekly rent
$625
Rental yield
-
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Melbourne | Metro comparison |
|---|---|---|
| 2 | $720 | $575 |
| 3 | - | $550 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.