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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
| Average Days on Market | 78 |
| Stock on Market | 15 for sale |
Property Prices in Melbourne
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Suburb Information
Melbourne, VIC 3004
Part of: Port Phillip CouncilThe size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 MelbourneMelbourne, VIC 3004
Part of: Port Phillip CouncilThe size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 Melbourne1 km
Distance from Melbourne CBD
Demographic data provided by Australian Bureau of Statistics
Market Trends for Melbourne for Houses in last 12 months
There have been 15 Houses sold in Melbourne in the past 12 months with a median sale price of $455K, up 14.6% annually. It takes on average 33 days to sell with vendor discounting of -5.1%.
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| Suburb | Median Sale Price Change (1yr) | Median Sale Price | Median Rent | Median Gross Yield | |
|---|---|---|---|---|---|
| Melbourne VIC, 3000 | -9.63% | $380,000 | $600pw | 8.2% | View Suburb Profile |
| Melton VIC, 3337 | -0.28% | $470,000 | $400pw | 4.4% | View Suburb Profile |
| Richmond VIC, 3121 | -4.42% | $1,350,000 | $750pw | 2.9% | View Suburb Profile |
| Hampton East VIC, 3188 | -5.27% | $1,376,000 | $800pw | 3.0% | View Suburb Profile |
| Bulleen VIC, 3105 | -7.55% | $1,292,500 | $650pw | 2.6% | View Suburb Profile |
| Melrose Park NSW, 2114 | -1.68% | $2,230,000 | $780pw | 1.8% | View Suburb Profile |