Market snapshot

Suburb insights for Melbourne3000

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The 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.

Recent sales and auction results in Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
701/8 Bowen Cr, Melbourne2PriceApartmentPrivate Sale23/04/2025MICM Real Estate
608/668 Bourke St, Melbourne2PriceApartmentPrivate Sale16/04/2025MICM Real EstateView
2604/560 Lonsdale St, Melbourne2PriceApartmentPrivate Sale16/04/2025MICM Real EstateView
2206/668 Bourke St, Melbourne2PriceApartmentPrivate Sale15/04/2025MICM Real EstateView
2903/285 La Trobe St, Melbourne2PriceApartmentPrivate Sale3/04/2025MICM Real EstateView
4708/639 Lonsdale St, Melbourne2PriceApartmentAuction Sale9/05/2025Jellis CraigView
1802/1 William St, Melbourne2PriceApartmentSold Before Auction8/05/2025Ray White CREView
701/181 Abeckett St, Melbourne1PriceApartmentPrivate Sale23/04/2025MICM Real EstateView
2101/620 Collins St, Melbourne2PriceApartmentPrivate Sale10/04/2025Little Real EstateView

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$923k
-2%
BedroomsMelbourneMetro comparison
2-$881,200
3-$810,000
4-$942,350
InsightMelbourneMetro comparison
Clearance rate64.3%78.5%
Days on market50.542

Rental data

Median weekly rent
$588
Rental yield
-
Metro Melbourne Comparison
$580
3.3%
BedroomsMelbourneMetro comparison
2$700$580
3-$550
4-$600
Median data for the current quarter
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