East Melbourne, VIC 3002

East Melbourne, VIC 3002

Compare Part of Melbourne

1.84 km
Distance from CBD
6 k
Population

Auction Times

Thu 5 Nov
Auction Time Agency
132 Albert Street
3 2 2 House
6:00 PM
Thu 5th Nov
Biggin & Scott
Median Sale Price
House
$2.75M
Updated on Aug 2020
2 BR
$3.03M
3 BR
$2.35M
4 BR
$4M
Unit
$691K
Updated on Aug 2020
1 BR
$545K
2 BR
$872K
3 BR
$1.85M
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$1,850,000
0.0% $479,000 $3,810,000 35
2010
$1,615,000
-14.6% $630,000 $5,000,000 26
2011
$1,600,000
-0.9% $730,000 $5,250,000 20
2012
$2,075,000
+22.9% $1,270,000 $4,000,000 15
2013
$1,900,000
-9.2% $450,000 $10,200,000 42
2014
$1,850,000
-2.7% $432,500 $6,560,000 41
2015
$2,750,000
+32.7% $1,705,000 $6,100,000 17
2016
$3,520,000
+21.9% $1,070,000 $5,850,000 18
2017
$4,150,000
+15.2% $340,000 $12,000,000 19
2018
$2,400,000
-72.9% $1,350,000 $6,665,000 14
2019
$2,830,000
+15.2% $1,050,000 $5,000,000 18
2020
$4,150,000
+31.8% $2,350,000 $4,150,000 7
Median Sale Price
$3.85M
Based on 10 recorded sales within the last 12 months
Updated on 23 Oct 2020
Suburb Growth
+26.5%
Current Median Price: $3,850,000
Previous Median Price: $2,830,000
Based on 29 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2020)
Price Range Segments (12 months ending Sep 2020)
Median Weekly Rent Price
House
$1,000
Updated on Sep 2020
2 BR
$820
3 BR
$950
4 BR
$1,250
Unit
$500
Updated on Sep 2020
1 BR
$400
2 BR
$580
3 BR
$975
4 BR
$1,600
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$850
0.0% $430 $2,850 30
2012
$895
+5.0% $295 $3,500 36
2013
$795
-12.6% $280 $2,500 37
2014
$970
+18.0% $300 $2,800 37
2015
$1,000
+3.0% $299 $2,495 58
2016
$975
-2.6% $285 $2,750 40
2017
$980
+0.5% $299 $2,995 40
2018
$900
-8.9% $340 $1,495 41
2019
$1,000
+10.0% $550 $2,225 33
2020
$885
-13.0% $350 $2,475 30
Median Rent Price
$950
per week
Based on 41 recorded rent within the last 12 months
Updated on 23 Oct 2020
Rent Price Growth
+5.3%
Current Median Rent: $950
Previous Median Rent: $900
Based on 74 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.3%
Current Median Price: $3,850,000
Current Median rent: $950
Based on 51 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2020)

Auction Results For East Melbourne

Houses sold in Last 12 months ends 17 Oct 2020

$2.75M

Median Sale Price

60%

Clearance Rate

3/5

Sold/Reported

$2.75M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M
(Median Price Range)
1

Schools closest to East Melbourne, VIC 3002

School name Address Type Sector Distance
Collingwood College Collingwood Alternative School Collingwood 3066 Combined Government 0.91 km
Sacred Heart School 107 KING WILLIAM STFitzroy 3065 Primary Catholic 1.02 km
Collingwood College CNR CROMWELL ST/MCCUTCHEON WAYCollingwood 3066 Combined Government 1.13 km
St Joseph's School 46 OTTER STCollingwood 3066 Primary Catholic 1.15 km
Academy of Mary ImmaculateTop 100 88 NICHOLSON STFitzroy 3065 Secondary Catholic 1.07 km
Fitzroy Primary School 319 GEORGE STREETFitzroy 3065 Primary Government 1.23 km
Richmond West Primary School 25 LENNOX STREETRichmond 3121 Primary Government 1.15 km
Abbotsford Primary School LITHGOW STREETAbbotsford 3067 Primary Government 1.31 km
Carlton Gardens Primary School 215 RATHDOWNE STREETCarlton 3053 Primary Government 1.57 km
Stotts College 43 ELIZABETH STREETMelbourne 3000 Secondary Independent 1.76 km