East Melbourne, VIC 3002

East Melbourne, VIC 3002

Compare Part of Melbourne

1.84 km
Distance from CBD
6 k
Population

Auction Times

Sat 27 Apr
 Auction Time Agency
11/9-15 Palmer Street
1 1 0 Apartment
10:30 AM
Sat 27th Apr		 Caine Real Estate
Median Sale Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
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 $5,300,000 18
2020
$2,675,000
 -5.8% $1,910,000 $7,300,000 17
2021
$3,500,000
 +23.6% $1,182,500 $6,568,000 24
2022
$3,625,000
 +3.4% $1,140,000 $6,450,000 22
2023
$3,725,000
 +2.7% $1,242,000 $6,800,000 22
2024
$2,550,000
 -46.1% $1,650,000 $2,550,000 4
Median Sale Price
$3.66M
Based on 19 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
+0.9%
Current Median Price: $3,657,932
Previous Median Price: $3,625,000
Based on 40 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Feb 2024
1 BR
-
2 BR
-
3 BR
-
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
$980
 -2.0% $285 $2,750 40
2017
$975
 -0.5% $299 $2,995 40
2018
$900
 -8.3% $340 $1,495 41
2019
$1,000
 +10.0% $550 $2,225 33
2020
$885
 -13.0% $270 $2,475 43
2021
$850
 -4.1% $310 $2,100 46
2022
$900
 +5.6% $340 $2,800 47
2023
$1,000
 +10.0% $500 $2,510 48
2024
$1,450
 +31.0% $175 $2,010 14
Median Rent Price
$1,050
per week
Based on 37 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+5.2%
Current Median Rent: $1,050
Previous Median Rent: $995
Based on 93 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.5%
Current Median Price: $3,657,932
Current Median rent: $1,050
Based on 56 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For East Melbourne

Houses sold in Last 12 months ends 13 Apr 2024

$5.65M

Median Sale Price

50%

Clearance Rate

6/12

Sold/Reported

$5.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more
(Median Price Range)		 2

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