Real Estate & Finance

Property Report & Market Data In Melbourne

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Average Market Value In Melbourne

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Melbourne's property market experienced modest growth over the past year, with house prices stabilising after a strong recovery from 2020–21 lows. Apartment values have begun to improve, albeit at a slower rate, particularly in inner-city areas.

940000

Median House Price

2.6 %

House Price Growth

608000

Median Unit Price

1.2 %

Unit Price Growth

Sales Trends In Melbourne

Stay ahead of the fast-moving sales trends around Melbourne

While transaction volumes have softened slightly compared to the record highs of 2021, buyer activity remains above average and properties are selling within reasonable timeframes.

28700

Total Houses Sold

21900

Total Units Sold

34

Days On Market (Houses)

3.7

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 is steady, with strong interstate and international migration flows returning post-pandemic. Younger professionals and students are attracted to the city, while some families seek outer growth corridors for affordability.

5200000

Population Size In Melbourne

1.7

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 housing market is showing signs of moderate recovery, with steady price growth, strong rental demand, and low inventory levels, but affordability constraints and higher borrowing costs may temper future growth.

2.4

Annual Price Growth In Melbourne

5.8

Sales Activity Rate In Melbourne

2.6

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

Yields for houses remain modest but have improved slightly, while units have seen stronger gains due to surging demand and low vacancy. Rental prices show continued upward pressure, especially in the city and inner suburban markets.

28700

Total Houses Sold

21900

Total Units Sold

34

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Affordability and Finance Options For Melbourne

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

28700

Total Houses Sold

21900

Total Units Sold

34

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Lifestyle and Amenities In and Around Melbourne

Melbourne Lifestyle: Why Live Here

Melbourne is renowned for its vibrant arts and culture, exceptional dining and cafe culture, extensive shopping options, and diverse recreational activities. The city boasts world-class hospitals, leading universities, excellent public transport, over 400 parks and gardens, and a strong sporting culture with major events like the Australian Open and AFL Grand Final.

480

Parks Count

321

Suburb Area

34

Distance To CBD

Property Type Breakdown Melbourne

Melbourne Properties: Houses vs. Units

28700

Total Houses Sold

21900

Total Units Sold

34

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.7

Vendor Discount

Melbourne Suburb Information

Melbourne Suburb Stats

State: Victoria

City: Melbourne

Population: 5.2 million

Postcode: 3000

Free Property Appraisal In Melbourne

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