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
1001/31 Spring St, Melbourne2PriceApartmentPrivate Sale6/09/2026Lucas Real Estate
110/270 King St, Melbourne2PriceApartmentPrivate Sale5/09/2026MREView
1408/200 Spencer St, Melbourne1PriceApartmentPrivate Sale1/09/2026Barry PlantView
2007/668 Bourke St, Melbourne1PriceApartmentPrivate Sale31/08/2026MICM Real EstateView
615/250 Elizabeth St, Melbourne1PriceApartmentPrivate Sale30/08/2026Lucas Real Estate
302/70 Queens Rd, Melbourne1PriceApartmentPrivate Sale20/08/2026Buxton - Cayzer Port Melbourne
3607/618 Lonsdale St, Melbourne2PriceApartmentPrivate Sale11/08/2026MICM Real EstateView
2706/265 Exhibition St, Melbourne2PriceApartmentPrivate Sale3/09/2026RT Edgar
902/200 Spencer St, Melbourne2PriceApartmentPrivate Sale31/08/2026HodgesView
2501/200 Spencer St, Melbourne2PriceApartmentPrivate Sale30/08/2026MICM Real EstateView
1404/181 Abeckett St, Melbourne1PriceApartmentPrivate Sale12/08/2026L Real EstateView
2306/462 Elizabeth St, Melbourne2PriceApartmentPrivate Sale5/08/2026LJ Hooker City Residential
5611/639 Little Lonsdale St, Melbourne1PriceApartmentPrivate Sale4/08/2026Re-define Real Estate - MELBOURNEView
3806/260 Spencer St, Melbourne1PriceApartmentPrivate Sale1/08/2026Areal Property MelbourneView
1309D/648 Lonsdale St, Melbourne1PriceApartmentPrivate Sale31/07/2026L Real EstateView

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$953k
5.1%
BedroomsMelbourneMetro comparison
2-$950,000
3-$872,000
4-$990,000
InsightMelbourneMetro comparison
Clearance rate78.6%68.8%
Days on market4242

Rental data

Median weekly rent
$685
Rental yield
-
Metro Melbourne Comparison
$580
3.1%
BedroomsMelbourneMetro comparison
2$730$600
3-$560
4-$600
Median data for the current quarter
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