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 Quarter 2022. Click here for details.

Metropolitan Melbourne

$1.12m

Median Sale Price

-0.3%

Quarterly Price Change

$485

Median Rent

2.3%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 78.5%
Days on Market 37
Median price by Bedrooms Metro
2 Bedrooms $1,081,000
3 Bedrooms $935,000
4 Bedrooms $1,181,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $500
3 Bedrooms $455
4 Bedrooms $510

Median data for March Quarter 2022. Click here for details.

Metropolitan Melbourne

$684k

Median Sale Price

-0.9%

Quarterly Price Change

$400

Median Rent

3.0%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 78.5%
Days on Market 37
Median price by Bedrooms Metro
1 Bedroom $395,000
2 Bedrooms $630,000
3 Bedrooms $875,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $330
2 Bedrooms $420
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 March Quarter 2022. Click here for details.

Regional Victoria

$625k

Median Sale Price

3.8%

Quarterly Price Change

$400

Median Rent

3.5%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 81.2%
Days on Market 37
Median price by Bedrooms Regional
2 Bedrooms $426,550
3 Bedrooms $520,000
4 Bedrooms $704,500

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $330
3 Bedrooms $380
4 Bedrooms $460

Median data for March Quarter 2022. Click here for details.

Regional Victoria

$419k

Median Sale Price

1.9%

Quarterly Price Change

$330

Median Rent

4.2%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 81.2%
Days on Market 37
Median price by Bedrooms Regional
1 Bedroom $277,500
2 Bedrooms $367,000
3 Bedrooms $528,500

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $245
2 Bedrooms $320
3 Bedrooms $400

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