Market snapshot

Suburb insights for Middle Park3206

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Located 4 km south of the CBD Middle Park is one of the older neighbourhoods of the City of Port Phillip with significant heritage areas featuring wide tree-lined streets the suburb is well known for its Victoria- era attached and row housing. The foreshore contains a number of high rise residential towers. The limited opportunities for redevelopment have contributed to a static population. Primarily a residential area visitors are drawn to the beach local shopping strips and recreational facilities in the nearby Albert Park Reserve. The neighbourhood is well served by the Armstrong Street strip shopping areas and the St Kilda light rail line. Other notable physical features include the foreshore and the nearby Melbourne Sports and Aquatic Centre.

Recent sales and auction results in Middle Park

AddressBedroomsPriceTypeMethodSale DateAgentListing
15/225 Beaconsfield Pde, Middle parkPriceUnitPassed in Vendor Bid16/12/2024Jellis Craig

Sales data

Median sale price
$2.6mil
Quarterly price change
-19.9%
Metro Melbourne Comparison
$916k
0.1%
BedroomsMiddle ParkMetro comparison
2-$902,000
3$2,455,000$807,500
4$3,201,500$950,000
InsightMiddle ParkMetro comparison
Clearance rate40%73.3%
Days on market3842

Rental data

Median weekly rent
$950
Rental yield
1.8%
Metro Melbourne Comparison
$575
3.3%
BedroomsMiddle ParkMetro comparison
2$750$560
3$1,100$550
4-$595
Median data for the current quarter
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