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 September 2020 Quarter. Click here for details.

Metropolitan Melbourne

$846k

Median Sale Price

-1.7%

Quarterly Price Change

$475

Median Rent

2.8%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 80.1%
Days on Market 74
Median price by Bedrooms Metro
2 Bedrooms $926,000
3 Bedrooms $765,000
4 Bedrooms $917,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $500
3 Bedrooms $450
4 Bedrooms $495

Median data for September 2020 Quarter. Click here for details.

Metropolitan Melbourne

$623k

Median Sale Price

0.2%

Quarterly Price Change

$425

Median Rent

3.5%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 80.1%
Days on Market 74
Median price by Bedrooms Metro
1 Bedroom $390,000
2 Bedrooms $595,000
3 Bedrooms $790,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $360
2 Bedrooms $440
3 Bedrooms $525

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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 September 2020 Quarter. Click here for details.

Regional Victoria

$443k

Median Sale Price

5.1%

Quarterly Price Change

$350

Median Rent

4.2%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 79%
Days on Market 57
Median price by Bedrooms Regional
2 Bedrooms $300,000
3 Bedrooms $380,000
4 Bedrooms $530,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $290
3 Bedrooms $340
4 Bedrooms $400

Median data for September 2020 Quarter. Click here for details.

Regional Victoria

$327k

Median Sale Price

-3.1%

Quarterly Price Change

$290

Median Rent

4.7%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 79%
Days on Market 57
Median price by Bedrooms Regional
1 Bedroom $184,000
2 Bedrooms $280,000
3 Bedrooms $379,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $200
2 Bedrooms $280
3 Bedrooms $350

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