Market snapshot

Suburb insights for Westmeadows3049

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Westmeadows is located 17 km north-west of the CBD. Bounded by the Tullamarine Freeway in the south-west and Broadmeadows Rd in the south Westmeadows is a residential suburb located in Melbourne's outer north west. The suburb experienced most of its growth during the 1960s and 1970s. Westmeadows also features large tracts of open reserves complemented by streams and creeks. The suburb also features a Melbourne Water Waste Treatment Facility and the Melbourne International Air Freight Centre.

Recent sales and auction results in Westmeadows

AddressBedroomsPriceTypeMethodSale DateAgentListing
8 Pelican St, Westmeadows3PriceHouse (Res)Sold Before Auction19/12/2024Ray White Gladstone ParkView

Sales data

Median sale price
$655k
Quarterly price change
-1.5%
Metro Melbourne Comparison
$916k
0.1%
BedroomsWestmeadowsMetro comparison
2-$902,000
3$660,000$807,500
4$713,000$950,000
InsightWestmeadowsMetro comparison
Clearance rate90.9%73.3%
Days on market28.542

Rental data

Median weekly rent
$520
Rental yield
4%
Metro Melbourne Comparison
$575
3.3%
BedroomsWestmeadowsMetro comparison
2-$560
3$500$550
4$625$595
Median data for the current quarter
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