Suburb market data
Melbourne, VIC 3000
Melbourne, VIC 3000 median house price $460K, median rent $716/wk, median rental yield 5.7%, 37% below the VIC median. From 414 active listings.
Melbourne median house price
- Median asking price: $460K (from 291 priced listings)
- Middle 50% of listings: $332K – $572K
- Active listings tracked: 414
Melbourne rental yield and weekly rent
- Median weekly rent: $716
- Median gross rental yield: 5.73% (from 119 scored listings)
- Population growth: 7.20%
House prices in Melbourne
- Under $400k: 109 listings (37.5%)
- $400k-$600k: 125 listings (43.0%)
- $600k-$800k: 39 listings (13.4%)
- $800k-$1m: 6 listings (2.1%)
- $1m-$1.5m: 10 listings (3.4%)
- $1.5m-$2m: 1 listing (0.3%)
- $2m+: 1 listing (0.3%)
How Melbourne compares to Victoria
- Median house price is 37.4% below the Victoria median of $734K
- Gross rental yield is 1.97 points above the Victoria median of 3.76%
- Median weekly rent is $716, $170 above the Victoria median of $546
Ranked active listings in Melbourne
- 615 / 250 Elizabeth Street — $275K, 6.2% yield
- 806/238 Flinders Street — $290K, 5.9% yield
- 2708/318 Russell Street — $290K, 5.9% yield
- 1706/483 Swanston Street — $290K, 5.9% yield
- 3502/350 William Street — $290K, 5.9% yield
- 4706/318 Russell Street — $290K, 5.9% yield
- 901/151 Berkeley Street — $290K, 5.9% yield
- 2410/318 Russell Street — $290K, 5.9% yield
- 902/280 Spencer Street — $290K, 5.9% yield
- 1701/151 Berkeley Street — $290K, 5.9% yield
- 208/151 Berkeley Street — $290K, 5.9% yield
- 409 / 16 Liverpool Street — $430K, 7.0% yield
Nearby suburbs
Victoria market data
Use this data
These Melbourne figures are computed from listings we track directly and published under the Creative Commons Attribution 4.0 licence. Republish them anywhere, including commercially, as long as you credit Aus Property Invest.