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 2021. Click here for details.

Metropolitan Melbourne

$1mil

Median Sale Price

8.8%

Quarterly Price Change

$480

Median Rent

2.7%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 83.8%
Days on Market 36
Median price by Bedrooms Metro
2 Bedrooms $930,000
3 Bedrooms $810,000
4 Bedrooms $990,000

Rental Data

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

Median data for March Quarter 2021. Click here for details.

Metropolitan Melbourne

$673k

Median Sale Price

4.8%

Quarterly Price Change

$400

Median Rent

3.2%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 83.8%
Days on Market 36
Median price by Bedrooms Metro
1 Bedroom $390,000
2 Bedrooms $600,000
3 Bedrooms $810,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $340
2 Bedrooms $420
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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Get access to weekly sales data in your suburb.

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Median data for March Quarter 2021. Click here for details.

Regional Victoria

$511k

Median Sale Price

4.1%

Quarterly Price Change

$360

Median Rent

4.0%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 83.2%
Days on Market 39
Median price by Bedrooms Regional
2 Bedrooms $330,000
3 Bedrooms $410,000
4 Bedrooms $580,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $295
3 Bedrooms $350
4 Bedrooms $420

Median data for March Quarter 2021. Click here for details.

Regional Victoria

$384k

Median Sale Price

5.9%

Quarterly Price Change

$300

Median Rent

4.4%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 83.2%
Days on Market 39
Median price by Bedrooms Regional
1 Bedroom $211,000
2 Bedrooms $309,000
3 Bedrooms $452,500

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $220
2 Bedrooms $295
3 Bedrooms $360

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PropertyData

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