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 2019 Quarter. Click here for details.

Metropolitan Melbourne

$793k

Median Sale Price

-1.4%

Quarterly Price Change

$450

Median Rent

2.9%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 55.6%
Days on Market 41
Median price by Bedrooms Metro
2 Bedrooms $865,000
3 Bedrooms $730,000
4 Bedrooms $870,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $495
3 Bedrooms $425
4 Bedrooms $480

Median data for March 2019 Quarter. Click here for details.

Metropolitan Melbourne

$587k

Median Sale Price

-0.5%

Quarterly Price Change

$425

Median Rent

3.7%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 55.6%
Days on Market 41
Median price by Bedrooms Metro
1 Bedroom $370,000
2 Bedrooms $570,000
3 Bedrooms $760,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $370
2 Bedrooms $440
3 Bedrooms $525

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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 2019 Quarter. Click here for details.

Regional Victoria

$412k

Median Sale Price

1.0%

Quarterly Price Change

$330

Median Rent

4.2%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 55.1%
Days on Market 47
Median price by Bedrooms Regional
2 Bedrooms $282,500
3 Bedrooms $360,000
4 Bedrooms $505,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $270
3 Bedrooms $320
4 Bedrooms $400

Median data for March 2019 Quarter. Click here for details.

Regional Victoria

$298k

Median Sale Price

-0.7%

Quarterly Price Change

$260

Median Rent

4.6%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 55.1%
Days on Market 47
Median price by Bedrooms Regional
1 Bedroom $188,750
2 Bedrooms $260,000
3 Bedrooms $370,000

Rental Data

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

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