Profile for Melbourne

3000

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.

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Recent Sales & Auction Results in Melbourne

Address Price Type Method Sale Date Agent
Property List
1034/43 Therry St, Melbourne 1 Apartment Private Sale 11/05/2024 Dingle Partners
2204/568 Collins St, Melbourne 2 Apartment Expression of Interest 20/04/2024 MICM Real Estate
307/77 Queens Rd, Melbourne 2 Unit Private Sale 16/04/2024 Buxton Stonnington
903/15 Queens Rd, Melbourne 3 Apartment Passed in at Auction 18/05/2024 Ray White Southbank and Port Phillip
1813/199 William St, Melbourne 2 Apartment Private Sale 16/05/2024 Ray White
1713/618 Lonsdale St, Melbourne 2 Apartment Private Sale 14/05/2024 Ray White Balwyn
405/450 St Kilda Rd, Melbourne 1 Apartment Private Sale 03/05/2024 Ironfish Real Estate - Melbourne
314/9 Commercial Rd, Melbourne 1 Apartment Private Sale 27/04/2024 Hodges
2208/285 La Trobe St, Melbourne 1 Unit Private Sale 26/04/2024 Vicprop
1603/12 Queens Rd, Melbourne 3 Unit Private Sale 26/04/2024 Kay & Burton
1001/442 Elizabeth St, Melbourne - Apartment Private Sale 23/04/2024 Ironfish Real Estate - Melbourne
1801/557 Little Lonsdale St, Melbourne 1 Unit Private Sale 19/04/2024 VICPROP Manningham
609/555 St Kilda Rd, Melbourne 2 Unit Private Sale 19/04/2024 Core Realty
710/118 Russell St, Melbourne 1 Unit Private Sale 16/04/2024 Belle Property Carlton & Melbourne
1401/594 St Kilda Rd, Melbourne 1 Apartment Private Sale 15/04/2024 Hodges
809/83 Queens Rd, Melbourne 1 Unit Private Sale 10/04/2024 Buxton

Median data for March Quarter 2024. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$925k

Annual Price Change

n/a

Metro Melbourne

-7.5%

Median Rent

$600

Metro Melbourne

$550

Rental Yield

n/a

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 90.9% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms n/a $810,000
4 Bedrooms n/a $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $720 $550
3 Bedrooms n/a $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$490k

Metro Melbourne

$635k

Quarterly Price Change

-5.8%

Metro Melbourne

0.3%

Median Rent

$625

Metro Melbourne

$520

Rental Yield

6.6%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 90.9% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
1 Bedroom $353,000 $370,000
2 Bedrooms $560,000 $600,000
3 Bedrooms $1,100,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $530 $450
2 Bedrooms $700 $540
3 Bedrooms $1,100 $620

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