Melbourne VIC 3000

Here you can find what you need to know about Melbourne, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$421k Median Sale Price (National Average $485k) 539th In VIC
$520pw Median Rent (National Average $395) 150th In VIC
6.4% Median Gross Yield (National Average 4.24%) 112th In VIC
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Properties sold 6
Average discounting -5.29%
Average Days on Market 311
Stock on Market 2 for sale

Investment Strategy Scores

No Investor Scores available for this suburb

Property Prices in Melbourne


Latest Auction Results for Melbourne as at 24 March 2019

Property Details
Sale Price
2Bed / 1Bath / Car / Unit
1Bed / 1Bath / Car / Unit

State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 797 58%
ACT 60 56%
NSW 495 62%
NT 12 80%
QLD 116 31%
SA 112 48%
TAS 5 33%
WA 42 56%

Local Schools


Suburb Information

Melbourne, VIC 3000

Part of: Melbourne Council No data available

The size of Melbourne is approximately 2.7 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Melbourne

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Melbourne   for Houses in last 12 months

Streets in Melbourne

Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Point Cook VIC, 3030 8.79% $650,000 $420pw 3.4% View Suburb Profile
Werribee VIC, 3030 10.11% $501,000 $355pw 3.7% View Suburb Profile
Bendigo VIC, 3550 -0.38% $388,500 $330pw 4.4% View Suburb Profile
Kew VIC, 3101 -5.83% $2,100,000 $800pw 2.0% View Suburb Profile
Sydney NSW, 2000 Unavailable $12,880,000 $730pw 0.3% View Suburb Profile
Wyndham Vale VIC, 3024 11.76% $475,000 $350pw 3.8% View Suburb Profile