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 June Quarter 2021. Click here for details.

Metropolitan Melbourne

$1.01mil

Median Sale Price

0.2%

Quarterly Price Change

$480

Median Rent

2.6%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 85.2%
Days on Market 34
Median price by Bedrooms Metro
2 Bedrooms $980,000
3 Bedrooms $846,000
4 Bedrooms $1,040,000

Rental Data

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

Median data for June Quarter 2021. Click here for details.

Metropolitan Melbourne

$680k

Median Sale Price

2.1%

Quarterly Price Change

$400

Median Rent

3.2%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 85.2%
Days on Market 34
Median price by Bedrooms Metro
1 Bedroom $398,000
2 Bedrooms $610,000
3 Bedrooms $830,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $330
2 Bedrooms $415
3 Bedrooms $520

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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 June Quarter 2021. Click here for details.

Regional Victoria

$560k

Median Sale Price

10.5%

Quarterly Price Change

$380

Median Rent

4.0%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 81.8%
Days on Market 29
Median price by Bedrooms Regional
2 Bedrooms $357,000
3 Bedrooms $435,000
4 Bedrooms $611,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $300
3 Bedrooms $360
4 Bedrooms $430

Median data for June Quarter 2021. Click here for details.

Regional Victoria

$394k

Median Sale Price

3.3%

Quarterly Price Change

$310

Median Rent

4.4%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 81.8%
Days on Market 29
Median price by Bedrooms Regional
1 Bedroom $230,000
2 Bedrooms $320,000
3 Bedrooms $480,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $220
2 Bedrooms $300
3 Bedrooms $370

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PropertyData

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