Auction Times
Sat 22 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 1001/565 Flinders Street 2 2 1 Apartment | 10:30 AM Sat 22nd Feb | MICM Melbourne Lonsdale Street |
 | 52/546 Flinders Street 0 1 0 Studio | 11:00 AM Sat 22nd Feb | Hocking Stuart Melbourne |
 | 3103/265 Exhibition Street 3 2 2 Apartment | 11:00 AM Sat 22nd Feb | Kay & Burton |
 | 2209/8 Franklin Street 2 1 1 Apartment | 11:00 AM Sat 22nd Feb | Reach Real Estate |
Wed 26 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 3807/568 Collins Street 1 2 0 Apartment | 6:30 PM Wed 26th Feb | Ray White |
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 1318/555 Flinders Street 1 1 0 Apartment | 10:30 AM Sat 29th Feb | MICM Melbourne Lonsdale Street |
 | 2107/228 A'BECKETT STREET 2 2 1 Apartment | 11:30 AM Sat 29th Feb | Elite Real Estate |
 | 23 Guildford Lane 3 2 2 House | 11:30 AM Sat 29th Feb | Galldon Real Estate |
Median Sale Price
House
$811K
Updated on Jan 2020
2 BR $811K | 3 BR - | 4 BR - |
Unit
$474K
Updated on Jan 2020
1 BR $345K | 2 BR $545K | 3 BR $885K |
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 | - | - | - | - | - |
Median Sale Price
$750K
Based on 2 recorded sales within the last 12 months
Updated on 17 Feb 2020
Suburb Growth
-73.3%
Current Median Price: $750,000
Previous Median Price: $1,300,000
Based on 5 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$560
Updated on Jan 2020
2 BR $630 | 3 BR $1,000 | 4 BR - |
Unit
$540
Updated on Jan 2020
1 BR $450 | 2 BR $620 | 3 BR $930 | 4 BR $1,325 |
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 | $540 | +8.3% | $50 | $1,500 | 66 |
| 2018 | $550 | +1.8% | $350 | $2,750 | 103 |
| 2019 | $570 | +3.5% | $370 | $1,050 | 54 |
| 2020 | $410 | -39.0% | $410 | $410 | 1 |
Median Rent Price
$575
per week
Based on 43 recorded rent within the last 12 months
Updated on 17 Feb 2020
Rent Price Growth
+4.3%
Current Median Rent: $575
Previous Median Rent: $550
Based on 145 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $750,000
Current Median rent: $575
Based on 45 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
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 |