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
30/27 Queens Rd, Melbourne3PriceApartmentSold Before Auction15/04/2026Ray White Southbank and Port Phillip
2011/22-24 Jane Bell La, Melbourne2PriceApartmentPrivate Sale14/04/2026Dingle Partners
1701/1 William St, Melbourne3PriceApartmentPrivate Sale12/04/2026Dingle PartnersView
5/449 St Kilda Rd, Melbourne2PriceApartmentPrivate Sale10/04/2026Gary Peer & AssociatesView
11/377 Little Collins St, Melbourne1PriceApartmentPrivate Sale9/04/2026Dingle PartnersView
604/33 Mackenzie St, Melbourne2PriceApartmentPrivate Sale6/04/2026MICM Real EstateView
1808/200 Spencer St, Melbourne1PriceApartmentPrivate Sale1/04/2026MICM Real EstateView
3/90 Bourke St, Melbourne1PriceApartmentPrivate Sale31/03/2026Nelson AlexanderView
3102/639 Lonsdale St, Melbourne2PriceApartmentPrivate Sale28/03/2026MICM Real EstateView
1009/601 Little Lonsdale St, Melbourne2PriceApartmentPrivate Sale19/03/2026MICM Real EstateView
120/499 St Kilda Rd, Melbourne3PriceApartmentPrivate Sale7/04/2026WoodardsView
2506/7 Katherine Pl, Melbourne2PriceApartmentPrivate Sale1/04/2026Barry PlantView
1813/560 Lonsdale St, Melbourne1PriceApartmentPrivate Sale1/04/2026MICM Real Estate
4013/220 Spencer St, Melbourne2PriceApartmentPrivate Sale1/04/2026Barry PlantView
1208/576-578 St Kilda Rd, Melbourne1PriceApartmentPrivate Sale29/03/2026Belle Property South Yarra
1105/243 Franklin St, Melbourne1PriceApartmentPrivate Sale27/03/2026Areal Property Hawthorn

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$992k
4.9%
BedroomsMelbourneMetro comparison
2-$950,000
3-$863,000
4-$980,500
InsightMelbourneMetro comparison
Clearance rate74.9%
Days on market4437

Rental data

Median weekly rent
$685
Rental yield
-
Metro Melbourne Comparison
$580
3.1%
BedroomsMelbourneMetro comparison
2$730$595
3-$550
4-$595
Median data for the current quarter
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