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Profile for Melbourne

3000

The CBD is Melbourne's business and financial centre home to a wide range of retail, financial, administralitve and entertainment services. Federation Square is Melbourne's major public square hosting arts and cultural events and is home to the Ian Potter Centre and the Australian Centre for the Moving Image. The area also features the Royal Botanic Gardens, Kings Domain, Queen Victoria Gardens and Alexandra Gardens. To the east are Olympic Park and Melbourne Park that host a variety of sporting and entertainment events.

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Recent Sales & Auction Results in Melbourne

Address Price Type Method Sale Date Agent
Property List
1702/7 Katherine Pl, Melbourne 2 Unit Passed in at Auction 11/05/2024 Edward Thomas
4017/220 Spencer St, Melbourne 2 Apartment Private Sale 30/04/2024 MICM Real Estate
3302/618 Lonsdale St, Melbourne 2 Apartment Private Sale 25/04/2024 MICM Real Estate
307/77 Queens Rd, Melbourne 2 Unit Private Sale 16/04/2024 Buxton Stonnington
1107/668 Bourke St, Melbourne 1 Apartment Private Sale 11/04/2024 MICM Real Estate
302/62-68 Hayward La, Melbourne 1 Apartment Private Sale 07/04/2024 MICM Real Estate
702/253 Franklin St, Melbourne 2 Apartment Private Sale 04/04/2024 MICM Real Estate
405/450 St Kilda Rd, Melbourne 1 Apartment Private Sale 03/05/2024 Ironfish Real Estate - Melbourne
2601/560 Lonsdale St, Melbourne 1 Apartment Private Sale 30/04/2024 MICM Real Estate
314/9 Commercial Rd, Melbourne 1 Apartment Private Sale 27/04/2024 Hodges
2208/285 La Trobe St, Melbourne 1 Unit Private Sale 26/04/2024 Vicprop
1603/12 Queens Rd, Melbourne 3 Unit Private Sale 26/04/2024 Kay & Burton
1001/442 Elizabeth St, Melbourne - Apartment Private Sale 23/04/2024 Ironfish Real Estate - Melbourne
1801/557 Little Lonsdale St, Melbourne 1 Unit Private Sale 19/04/2024 VICPROP Manningham
609/555 St Kilda Rd, Melbourne 2 Unit Private Sale 19/04/2024 Core Realty
710/118 Russell St, Melbourne 1 Unit Private Sale 16/04/2024 Belle Property Carlton & Melbourne
1401/594 St Kilda Rd, Melbourne 1 Apartment Private Sale 15/04/2024 Hodges
809/83 Queens Rd, Melbourne 1 Unit Private Sale 10/04/2024 Buxton

Median data for March Quarter 2024. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$925k

Annual Price Change

n/a

Metro Melbourne

-7.5%

Median Rent

$600

Metro Melbourne

$550

Rental Yield

n/a

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 90.9% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms n/a $810,000
4 Bedrooms n/a $965,000
About Our Research

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $720 $550
3 Bedrooms n/a $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$490k

Metro Melbourne

$635k

Quarterly Price Change

-5.8%

Metro Melbourne

0.3%

Median Rent

$625

Metro Melbourne

$520

Rental Yield

6.6%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 90.9% 75.3%
Days on Market 40 40
Median price by Bedrooms Suburb Metro
1 Bedroom $353,000 $370,000
2 Bedrooms $560,000 $600,000
3 Bedrooms $1,100,000 $855,000
About Our Research

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $530 $450
2 Bedrooms $700 $540
3 Bedrooms $1,100 $620
Median Sale Price Dwelling Types Rent vs Own

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