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

$630pw Median Rent (National Average $395) 177th In VIC

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Property Prices in Melbourne


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Suburb Information

Melbourne, VIC 3004

Part of: Port Phillip Council No data available

The 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 Melbourne

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Melbourne   for Houses in last 12 months


There have been 6 Houses sold in Melbourne in the past 12 months with a median sale price of , up 14.6% annually. It takes on average 45 days to sell with vendor discounting of -7.2%.

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Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Melbourne VIC, 3000 Unavailable $375,000 $575pw 8.0% View Suburb Profile
Melton VIC, 3337 2.15% $475,000 $390pw 4.3% View Suburb Profile
Richmond VIC, 3121 -3.34% $1,375,000 $775pw 2.9% View Suburb Profile
Hampton East VIC, 3188 -3.32% $1,382,500 $800pw 3.0% View Suburb Profile
Bulleen VIC, 3105 -3.76% $1,330,000 $650pw 2.5% View Suburb Profile
Melrose Park NSW, 2114 3.84% $2,300,000 $850pw 1.9% View Suburb Profile