Profile for South Melbourne

3205

South Melbourne is located 2 km south of the CBD. South Melbourne has a mixture of land uses combining industrial commercial retail and residential areas. The population is generally young and well educated with a high proportion employed as professionals especially in the finance property & business services sector. The suburb also features the Clarendon Street commercial district the South Melbourne Market and the Emerald Hill Court.

Recent Sales & Auction Results in South Melbourne

Address Price Type Method Sale Date Agent
Property List
18/184 Albert Rd, South melbourne 4 Apartment Passed in Vendor Bid 13/04/2019 Marshall White & Co
152 Cobden St, South melbourne 2 House (Res) Auction Sale 13/04/2019 Greg Hocking Holdsworth
6 Napier Pl, South melbourne 2 House (Res) Passed in at Auction 13/04/2019 Marshall White & Co
438 Dorcas St, South melbourne 2 House (Res) Sold Before Auction 10/04/2019 hockingstuart
26 Iffla St, South melbourne 2 House Private Sale 01/04/2019 The Agency - Albert Park
815/338 Kings Way, South melbourne 1 Apartment Passed in at Auction 13/04/2019 Harcourts

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$1.54mil

Metro Melbourne

$797k

Quarterly Price Change

2%

Metro Melbourne

-3.7%

Median Rent

$650

Metro Melbourne

$450

Rental Yield

2.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 45.1%
Days on Market 38 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,270,000 $870,000
3 Bedrooms $1,685,000 $733,000
4 Bedrooms n/a $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $598 $490
3 Bedrooms $863 $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$610k

Metro Melbourne

$589k

Quarterly Price Change

0.8%

Metro Melbourne

-1.7%

Median Rent

$510

Metro Melbourne

$420

Rental Yield

4.2%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 45.1%
Days on Market 38 42
Median price by Bedrooms Suburb Metro
1 Bedroom $382,000 $370,000
2 Bedrooms $638,000 $571,000
3 Bedrooms $840,500 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $410 $370
2 Bedrooms $560 $440
3 Bedrooms $720 $521

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