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
56 Hayward La, Melbourne3PriceTownhouseSold Before Auction24/03/2026Harcourts Melbourne CityView
907/31 Spring St, Melbourne1PriceApartmentPrivate Sale16/03/2026MICM Real EstateView
2609/601 Little Lonsdale St, Melbourne2PriceApartmentPrivate Sale15/03/2026MICM Real EstateView
602/31 Spring St, Melbourne2PriceApartmentPrivate Sale11/03/2026Lucas Real Estate
911/181 Abeckett St, Melbourne1PriceApartmentPrivate Sale10/03/2026MICM Real EstateView
6901/228 La Trobe St, Melbourne1PriceApartmentPrivate Sale2/03/2026Ironfish Real Estate - MelbourneView
2106/181 Abeckett St, Melbourne1PriceApartmentPrivate Sale25/02/2026MICM Real EstateView
308/270 King St, Melbourne2PriceApartmentPrivate Sale24/02/2026MICM Real EstateView
112/603 St Kilda Rd, Melbourne1PriceApartmentPrivate Sale23/02/2026Ironfish Real Estate - MelbourneView
3301/568 Collins St, Melbourne2PriceApartmentPrivate Sale18/03/2026Dingle PartnersView
305/582 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale18/03/2026Buxton (Port Phillip) Pty Ltd
4607/80 Abeckett St, Melbourne2PriceApartmentPrivate Sale17/03/2026Cedar Elm Property
175/416 St Kilda Rd, Melbourne1PriceApartmentPrivate Sale17/03/2026Marshall WhiteView
313/9 Commercial Rd, Melbourne1PriceApartmentPrivate Sale16/03/2026Kay & BurtonView
320/58-64 Franklin St, Melbourne1PriceApartmentPrivate Sale16/03/2026Nicholas Scott (Vic) Pty LtdView
604/7 Katherine Pl, Melbourne1PriceApartmentPrivate Sale14/03/2026Re-define Real Estate - MELBOURNE
1115/555 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale9/03/2026Areal Property Box HillView
2812/350 William St, Melbourne1PriceApartmentPrivate Sale9/03/2026Jellis CraigView
301/1 Roy St, Melbourne3PriceApartmentPrivate Sale5/03/2026Jellis CraigView
704/501 Little Collins St, Melbourne3PriceApartmentPrivate Sale3/03/2026Belle Property Carlton & Melbourne
1807/33 Rose La, Melbourne3PriceApartmentPrivate Sale2/03/2026L Real EstateView
405/601-605 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale1/03/2026Kay & BurtonView
207/9 Commercial Rd, Melbourne2PriceApartmentPrivate Sale23/02/2026Buxton StonningtonView

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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