Melbourne, VIC 3000

Melbourne, VIC 3000

Compare Part of Melbourne

0.05 km
Distance from CBD
19 k
Population
Median Sale Price
House
$585K
Updated on Aug 2020
2 BR
$585K
3 BR
-
4 BR
-
Unit
$485K
Updated on Aug 2020
1 BR
$355K
2 BR
$557K
3 BR
$844K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$410,000
0.0% $165,000 $1,700,000 8
2010
$478,000
+14.2% $306,000 $2,750,000 27
2011
$405,000
-18.0% $192,500 $2,450,000 14
2012
$580,000
+30.2% $282,000 $2,400,000 12
2013
$1,420,000
+59.2% $510,000 $6,560,000 8
2014
$492,000
-188.6% $195,000 $1,007,000 8
2015
$340,000
-44.7% $45,000 $3,007,000 7
2016
$470,000
+27.7% $142,000 $2,100,000 12
2017
$670,000
+29.9% $175,000 $1,630,000 13
2018
$1,300,000
+48.5% $367,000 $1,300,000 3
2019
$750,000
-73.3% $750,000 $750,000 2
2020
$2,815,000
+73.4% $2,815,000 $2,815,000 2
Median Sale Price
$2.82M
Based on 3 recorded sales within the last 12 months
Updated on 29 Sep 2020
Suburb Growth
+73.4%
Current Median Price: $2,815,000
Previous Median Price: $750,000
Based on 5 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$410
Updated on Aug 2020
2 BR
$520
3 BR
$1,000
4 BR
-
Unit
$490
Updated on Aug 2020
1 BR
$410
2 BR
$564
3 BR
$830
4 BR
$1,300
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$470
0.0% $340 $950 46
2012
$520
+9.6% $180 $1,650 58
2013
$500
-4.0% $60 $1,752 75
2014
$399
-25.3% $50 $800 71
2015
$470
+15.1% $50 $1,500 101
2016
$495
+5.1% $50 $3,250 72
2017
$530
+6.6% $50 $1,500 66
2018
$550
+3.6% $320 $2,750 103
2019
$570
+3.5% $330 $1,050 55
2020
$500
-14.0% $65 $1,250 94
Median Rent Price
$515
per week
Based on 108 recorded rent within the last 12 months
Updated on 29 Sep 2020
Rent Price Growth
-10.7%
Current Median Rent: $515
Previous Median Rent: $570
Based on 173 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1%
Current Median Price: $2,815,000
Current Median rent: $515
Based on 111 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Melbourne

Houses sold in Last 12 months ends 26 Sep 2020

$0M

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$0M

Highest Sale Price

Schools closest to Melbourne, VIC 3000

School name Address Type Sector Distance
Ozford College LEVELS 2 AND 5, 123 LONSDALE STREETMelbourne 3000 Secondary Independent 0.51 km
Eltham College of Education City CampusTop 100 Melbourne 3000 Combined Independent 0.77 km
Stotts College 43 ELIZABETH STREETMelbourne 3000 Secondary Independent 1.37 km
Carlton Gardens Primary School 215 RATHDOWNE STREETCarlton 3053 Primary Government 1.37 km
Academy of Mary ImmaculateTop 100 88 NICHOLSON STFitzroy 3065 Secondary Catholic 1.48 km
Victorian College Of The Arts Secondary SchoolTop 50 57 MILES STREETSouthbank 3006 Secondary Government 1.71 km
University High School 77 STORY STREETParkville 3052 Secondary Government 1.85 km
Carlton Primary School CNR PALMERSTON & DRUMMOND STSCarlton 3053 Primary Government 2.01 km
North Melbourne Primary School 210 ERROL STREETNorth Melbourne 3051 Primary Government 1.93 km
Sacred Heart School 107 KING WILLIAM STFitzroy 3065 Primary Catholic 1.86 km