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 December 2020 Quarter. Click here for details.

Metropolitan Melbourne

$941k

Median Sale Price

9.5%

Quarterly Price Change

$480

Median Rent

2.8%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 78.5%
Days on Market 32
Median price by Bedrooms Metro
2 Bedrooms $915,000
3 Bedrooms $782,500
4 Bedrooms $955,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $500
3 Bedrooms $450
4 Bedrooms $499

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

Metropolitan Melbourne

$640k

Median Sale Price

2.5%

Quarterly Price Change

$420

Median Rent

3.4%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 78.5%
Days on Market 32
Median price by Bedrooms Metro
1 Bedroom $394,000
2 Bedrooms $600,000
3 Bedrooms $788,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $350
2 Bedrooms $430
3 Bedrooms $530

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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 December 2020 Quarter. Click here for details.

Regional Victoria

$486k

Median Sale Price

9.2%

Quarterly Price Change

$360

Median Rent

4.2%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 75.4%
Days on Market 39
Median price by Bedrooms Regional
2 Bedrooms $310,000
3 Bedrooms $390,000
4 Bedrooms $550,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $290
3 Bedrooms $350
4 Bedrooms $410

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

Regional Victoria

$343k

Median Sale Price

3.5%

Quarterly Price Change

$300

Median Rent

4.8%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 75.4%
Days on Market 39
Median price by Bedrooms Regional
1 Bedroom $180,000
2 Bedrooms $290,000
3 Bedrooms $395,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $210
2 Bedrooms $290
3 Bedrooms $350

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PropertyData

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