Median Sale Price
House
$1.21M
Updated on May 2022
2 BR - | 3 BR $1.21M | 4 BR - |
Unit
$690K
Updated on May 2022
1 BR $401K | 2 BR $675K | 3 BR $1.35M |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $400,000 | 0.0% | $315,000 | $837,500 | 3 |
| 2010 | $4,182,674 | +90.4% | $4,182,674 | $4,182,674 | 1 |
| 2011 | $600,000 | -597.1% | $600,000 | $600,000 | 2 |
| 2012 | $370,000 | -62.2% | $200,000 | $510,000 | 3 |
| 2013 | - | - | - | - | - |
| 2014 | $860,000 | +57.0% | $235,000 | $860,000 | 2 |
| 2015 | $370,000 | -132.4% | $255,000 | $675,000 | 3 |
| 2016 | - | - | - | - | - |
| 2017 | $661,500 | +44.1% | $465,000 | $785,000 | 3 |
| 2018 | - | - | - | - | - |
| 2019 | $8,250,000 | +92.0% | $8,250,000 | $8,250,000 | 1 |
| 2020 | $455,000 | -1,713.2% | $455,000 | $455,000 | 1 |
| 2021 | $1,780,000 | +74.4% | $1,780,000 | $1,780,000 | 1 |
| 2022 | - | - | - | - | - |
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
n/a
Current Median Price:
Previous Median Price:
Based on 0 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Median Weekly Rent Price
House
$530
Updated on May 2022
2 BR $550 | 3 BR - | 4 BR - |
Unit
$450
Updated on May 2022
1 BR $375 | 2 BR $500 | 3 BR $850 | 4 BR $1,408 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | - | - | - | - | - |
| 2012 | - | - | - | - | - |
| 2013 | - | - | - | - | - |
| 2014 | $375 | 0.0% | $235 | $1,100 | 29 |
| 2015 | $400 | +6.3% | $300 | $720 | 24 |
| 2016 | $500 | +20.0% | $420 | $1,495 | 9 |
| 2017 | $600 | +16.7% | $385 | $1,500 | 21 |
| 2018 | $530 | -13.2% | $385 | $1,690 | 17 |
| 2019 | $625 | +15.2% | $400 | $2,000 | 14 |
| 2020 | $485 | -28.9% | $295 | $940 | 19 |
| 2021 | $430 | -12.8% | $40 | $845 | 22 |
| 2022 | $480 | +10.4% | $360 | $550 | 8 |
Median Rent Price
$475
per week
Based on 25 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+5.3%
Current Median Rent: $475
Previous Median Rent: $450
Based on 41 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $475
Based on 25 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Melbourne
Houses sold in Last 12 months ends 25 Jun 2022
$505K
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$505K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 2 | |
Similar Suburbs to Melbourne 3004
Based on median house sale price sold in last 12 months
Schools closest to Melbourne, VIC 3004
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| MacRobertson Girls High SchoolTop 5 | 350-370 KINGS WAYMelbourne 3004 | Secondary | Government | 0.73 km |
| Wesley College | 577 ST KILDA RDMELBOURNE 3004 | Combined | Independent | 0.75 km |
| Melbourne Grammar School | DOMAIN ROADMelbourne 3004 | Combined | Independent | 0.96 km |
| Victorian College For The DeafTop 50 | 597 ST KILDA ROADMelbourne 3004 | Special | Government | 1.04 km |
| South Yarra Primary School | 601 PUNT ROADSouth Yarra 3141 | Primary | Government | 0.94 km |
| Christ Church Grammar SchoolTop 50 | 677 PUNT RDSouth Yarra 3141 | Primary | Independent | 1.02 km |
| Melbourne Girls' Grammar School - an Anglican SchoolTop 20 | 82 ANDERSON STSouth Yarra 3141 | Combined | Independent | 1.47 km |
| St Kilda Park Primary School | 68 FITZROY STREETSt Kilda 3182 | Primary | Government | 1.76 km |
| Victorian College Of The Arts Secondary SchoolTop 50 | 57 MILES STREETSouthbank 3006 | Secondary | Government | 1.77 km |
| PCW Melbourne | Windsor 3181 | Secondary | Independent | 1.73 km |