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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Metropolitan Melbourne

$822k

Median Sale Price

2.9%

Quarterly Price Change

$420

Median Rent

2.8%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate n/a
Days on Market
Median price by Bedrooms Metro
2 Bedrooms $860,500
3 Bedrooms $697,250
4 Bedrooms $806,200

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $430
3 Bedrooms $400
4 Bedrooms $451

Metropolitan Melbourne

$607k

Median Sale Price

4.3%

Quarterly Price Change

$305

Median Rent

2.8%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate n/a
Days on Market
Median price by Bedrooms Metro
1 Bedroom $362,500
2 Bedrooms $539,000
3 Bedrooms $730,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $350
2 Bedrooms $420
3 Bedrooms $500

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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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Regional Victoria

$385k

Median Sale Price

2.0%

Quarterly Price Change

$400

Median Rent

5.7%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate n/a
Days on Market
Median price by Bedrooms Regional
2 Bedrooms $255,000
3 Bedrooms $329,000
4 Bedrooms $460,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $250
3 Bedrooms $300
4 Bedrooms $370

Regional Victoria

$296k

Median Sale Price

3.7%

Quarterly Price Change

$250

Median Rent

4.6%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate n/a
Days on Market
Median price by Bedrooms Regional
1 Bedroom $172,000
2 Bedrooms $250,000
3 Bedrooms $340,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $175
2 Bedrooms $250
3 Bedrooms $320

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