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 2020 Quarter. Click here for details.

Metropolitan Melbourne

$893k

Median Sale Price

3.7%

Quarterly Price Change

$460

Median Rent

2.8%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 73.1%
Days on Market 32
Median price by Bedrooms Metro
2 Bedrooms $880,000
3 Bedrooms $750,000
4 Bedrooms $885,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $500
3 Bedrooms $440
4 Bedrooms $490

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

Metropolitan Melbourne

$641k

Median Sale Price

0.6%

Quarterly Price Change

$430

Median Rent

3.6%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 73.1%
Days on Market 32
Median price by Bedrooms Metro
1 Bedroom $375,575
2 Bedrooms $585,000
3 Bedrooms $775,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $375
2 Bedrooms $450
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 2020 Quarter. Click here for details.

Regional Victoria

$419k

Median Sale Price

-0.5%

Quarterly Price Change

$350

Median Rent

4.4%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 63.5%
Days on Market 56
Median price by Bedrooms Regional
2 Bedrooms $298,500
3 Bedrooms $369,000
4 Bedrooms $512,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $280
3 Bedrooms $340
4 Bedrooms $410

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

Regional Victoria

$298k

Median Sale Price

-3.3%

Quarterly Price Change

$280

Median Rent

4.9%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 63.5%
Days on Market 56
Median price by Bedrooms Regional
1 Bedroom $180,000
2 Bedrooms $274,000
3 Bedrooms $371,500

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $200
2 Bedrooms $270
3 Bedrooms $350

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PropertyData

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