Median Sale Price
House
-
Updated on Nov 2020
2 BR - | 3 BR - | 4 BR - |
Unit
$600K
Updated on Dec 2020
1 BR $426K | 2 BR $633K | 3 BR $1.18M |
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 | - | - | - | - | - |
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 16 Jan 2021
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 Dec 2020)
Median Weekly Rent Price
House
$450
Updated on Dec 2020
2 BR $488 | 3 BR - | 4 BR - |
Unit
$478
Updated on Dec 2020
1 BR $390 | 2 BR $520 | 3 BR $750 | 4 BR $1,600 |
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 | $1,350 | 9 |
| 2017 | $600 | +16.7% | $385 | $1,500 | 21 |
| 2018 | $550 | -9.1% | $385 | $1,690 | 17 |
| 2019 | $625 | +12.0% | $400 | $2,000 | 14 |
| 2020 | $490 | -27.6% | $295 | $940 | 18 |
| 2021 | - | - | - | - | - |
Median Rent Price
$490
per week
Based on 18 recorded rent within the last 12 months
Updated on 16 Jan 2021
Rent Price Growth
-27.6%
Current Median Rent: $490
Previous Median Rent: $625
Based on 31 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $490
Based on 18 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Melbourne
Houses sold in Last 12 months ends 9 Jan 2021
$2.82M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$2.82M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 1 | |
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 |