Victorian Insights

An overview of the Victorian real estate market. Data insights provided by the REIV are based on information sourced directly from real estate professionals operating in the market. The most credible and reliable insight into Victorian real estate.

Market Insights – Metropolitan Melbourne

Updated quarterly, these are property market indicators for the Melbourne Metropolitan region, covering 31 municipalities.

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

Metropolitan Melbourne

$855k

Median Sale Price

4.4%

Quarterly Price Change

$440

Median Rent

2.7%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 63.7%
Days on Market 35
Median price by Bedrooms Metro
2 Bedrooms $900,000
3 Bedrooms $740,000
4 Bedrooms $865,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $451
3 Bedrooms $410
4 Bedrooms $465

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

Metropolitan Melbourne

$607k

Median Sale Price

2.4%

Quarterly Price Change

$415

Median Rent

3.6%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 63.7%
Days on Market 35
Median price by Bedrooms Metro
1 Bedroom $375,000
2 Bedrooms $570,000
3 Bedrooms $765,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $360
2 Bedrooms $430
3 Bedrooms $510

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Market Insights – Regional Victoria

A consolidated overview of property market trends in regional Victoria, excluding the Melbourne metropolitan region.

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

Regional Victoria

$404k

Median Sale Price

1.8%

Quarterly Price Change

$315

Median Rent

4.1%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 67.3%
Days on Market 42
Median price by Bedrooms Regional
2 Bedrooms $275,000
3 Bedrooms $350,000
4 Bedrooms $480,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $255
3 Bedrooms $300
4 Bedrooms $375

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

Regional Victoria

$294k

Median Sale Price

-3.3%

Quarterly Price Change

$250

Median Rent

4.4%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 67.3%
Days on Market 42
Median price by Bedrooms Regional
1 Bedroom $195,000
2 Bedrooms $265,000
3 Bedrooms $369,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $170
2 Bedrooms $245
3 Bedrooms $315

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