Market snapshot

Suburb insights for Melbourne3000

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Melbourne’s CBD is the city’s business and financial hub, boasting the highest concentration of businesses and residents within a small area of the municipality. It hosts a diverse mix of retail, financial, legal, administrative, recreational, tourist, and entertainment facilities that serve residents, workers, and visitors alike. The CBD is also one of Australia’s fastest-growing residential areas. Key landmarks include Federation Square, Melbourne’s major public square, home to the Melbourne Visitor Centre, the Ian Potter Centre, and the Australian Centre for the Moving Image. It regularly hosts arts and cultural events and broadcasts major sporting events on a giant screen. The area also encompasses the Royal Botanic Gardens, Kings Domain (which includes Government House), Queen Victoria Gardens, and Alexandra Gardens. Nearby, Olympic Park and Melbourne Park host major sporting and entertainment events, including the Australian Open Tennis Championships.

Recent sales and auction results in Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
502/181 Abeckett St, Melbourne1PriceApartmentPrivate Sale7/03/2026Barry PlantView
2009/288 Spencer St, Melbourne1PriceApartmentPrivate Sale7/03/2026Lucas Real Estate
504/263 Franklin St, Melbourne1PriceApartmentPrivate Sale2/03/2026MICM Real EstateView
708/243 Franklin St, Melbourne2PriceApartmentPrivate Sale1/03/2026Areal Property Box HillView
3812/601 Little Lonsdale St, Melbourne1PriceApartmentPrivate Sale25/02/2026MICM Real EstateView
506/119 Abeckett St, Melbourne1PriceApartmentPrivate Sale22/02/2026Areal Property Box HillView
215/610 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale19/02/2026MICM Real Estate
601/160 Little Lonsdale St, Melbourne1PriceApartmentPrivate Sale14/02/2026MICM Real EstateView
720/572 St Kilda Rd, Melbourne1PriceApartmentPrivate Sale13/02/2026MICM Real EstateView
1226/555 Flinders St, Melbourne2PriceApartmentPrivate Sale10/02/2026Lucas Real Estate
608/225 Elizabeth St, Melbourne2PriceApartmentPrivate Sale9/03/2026Dingle PartnersView
5208/33 Rose La, Melbourne2PriceApartmentPrivate Sale4/03/2026LJ Hooker City ResidentialView
904/200 Spencer St, Melbourne1PriceApartmentExpression of Interest4/03/2026RT Edgar ManninghamView
506/1 Manchester La, MelbournePriceStudio ApartmentPrivate Sale3/03/2026Melo Real EstateView
30/539 Saint Kilda Rd, Melbourne2PriceApartmentPrivate Sale2/03/2026Hodges
1407/568 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale2/03/2026MREView
6207/135 Abeckett St, Melbourne2PriceApartmentPrivate Sale1/03/2026McGrath Doncaster
4104/462 Elizabeth St, Melbourne2PriceApartmentPrivate Sale26/02/2026Re-define Real Estate - MELBOURNEView
211/539 St Kilda Rd, Melbourne1PriceApartmentPrivate Sale17/02/2026Buxton - Cayzer Port Melbourne
12/485-489 St Kilda Rd, Melbourne3PriceApartmentPrivate Sale9/02/2026Jellis CraigView

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$974k
3.8%
BedroomsMelbourneMetro comparison
2-$940,000
3-$851,000
4-$970,000
InsightMelbourneMetro comparison
Clearance rate66.7%77.8%
Days on market4836

Rental data

Median weekly rent
$650
Rental yield
-
Metro Melbourne Comparison
$580
3.2%
BedroomsMelbourneMetro comparison
2$713$585
3-$550
4-$600
Median data for the current quarter
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