West Melbourne is a sprawling region with the Yarra River forming part of its southern border. The west section is mostly devoted to railway lines container yards shipping docks and industrial warehouse and wholesale activities. The east is mainly residential. West Melbourne contains a dynamic mix of old and new housing community facilities retail and industry. Parts of this area including the streetscapes and buildings have recognised heritage value.
Median data for March Quarter 2024. Click here for details.
Median Sale Price
$1.5m
Metro Melbourne
$925k
Annual Price Change
4.9%
-7.5%
Median Rent
$650
$550
Rental Yield
2.3%
3.1%
$559k
$635k
Quarterly Price Change
9.1%
0.3%
$570
$520
5.6%
4.3%
Find an Agent
Whether you are selling, buying, leasing or renting, choose an REIV member.
Member Exclusive Data
REIV Members log in to download the complete list of median prices by suburb and town.
PropertyData
The credible and trusted source of data for real estate professionals.
Other Insightful Information