Real Estate & Finance

Property Report & Market Data In Melbourne

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

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Average Market Value In Melbourne

Discover an accurate property market values with Cockatoo’s expert guidance.

Melbourne’s property market has shown moderate recovery in 2024 with median prices stabilising. Houses are in higher demand closer to the CBD and popular school zones, while units appeal to renters and investors.

935000

Median House Price

2.1 %

House Price Growth

585000

Median Unit Price

0.5 %

Unit Price Growth

Sales Trends In Melbourne

Stay ahead of the fast-moving sales trends around Melbourne

Sales volumes have rebounded compared to 2022 lows. Vendor discounting remains moderate and days on market are decreasing for both houses and units.

4650

Total Houses Sold

2750

Total Units Sold

32

Days On Market (Houses)

3.8

Vendor Discount

Local Population Movement In Melbourne

Learn who is moving in and out of Melbourne! Is it on the rise or decline?

Population growth in Melbourne has resumed post-pandemic, driven by international migration, interstate moves, and returning overseas students.

5100000

Population Size In Melbourne

1.8

Population Growth In Melbourne

25-34

Dominant Age Group InMelbourne

Couples without children

Household Types In Melbourne

Market Decline or Growth Indicators For Melbourne

Learn who is moving in and out of Melbourne! Is it on the rise or decline?

Melbourne’s market has stabilised after a mild correction in 2022. Early 2024 shows light growth in house prices and consistent rent demand, though affordability constraints temper rapid expansion.

1.9

Annual Price Growth In Melbourne

7400

Sales Activity Rate In Melbourne

2.7

Average Stock Inventory Time InMelbourne

Rental Yields and Demand In Melbourne

Find out if this is a good investment opportunity buying real estate in and around Melbourne

Rental yields are stable or rising, reflecting strong tenant demand and limited vacancy—especially for centrally located or well-connected properties.

4650

Total Houses Sold

2750

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Affordability and Finance Options For Melbourne

Home Loans: Financing Your Dream Home In Melbourne. Get Pre-Approved Today.

4650

Total Houses Sold

2750

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Lifestyle and Amenities In and Around Melbourne

Melbourne Lifestyle: Why Live Here

Melbourne offers a vibrant cosmopolitan lifestyle, renowned for its diverse culinary scene, extensive arts and cultural events, world-class sports facilities, ample green spaces including parks and gardens, quality shopping precincts, numerous educational institutions, and reliable public transport.

480

Parks Count

321

Suburb Area

34

Distance To CBD

Property Type Breakdown Melbourne

Melbourne Properties: Houses vs. Units

4650

Total Houses Sold

2750

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Melbourne Suburb Information

Melbourne Suburb Stats

State: Victoria

City: Melbourne

Population: 5.1 million

Postcode: 3000

Free Property Appraisal In Melbourne

If you would like to find out what your home or investment property is worth in today’s market, please get in touch.

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