Melbourne suburb house price ranking.
3674 properties for sale in Melbourne, VIC.
Melbourne suburb house price ranking. Mar 20, 2025 · Rising to the top of the leaderboard is Fitzroy North, which has moved up the rankings by 16 spots since 2021, followed by Canterbury in Surrey Hills. Suburb Comparison Melbourne’s biggest boom ‘burbs have revelled in home prices jumping six figures since the start of 2024, defying the odds as sellers faced the toughest market since before the pandemic. See full list on metropole. Jul 17, 2025 · Find the cheapest suburbs in Melbourne for 2025, from high-yield regional towns to metro bargains — with updated data on prices and rental returns. For those interested in understanding where Melbourne’s elite reside, here’s a detailed look into the richest suburbs in Melbourne. Melbourne unit prices had their strongest quarterly increase in 1. Feb 5, 2025 · Key takeaways: Toorak is the richest suburb in Melbourne, with median house prices reaching $4. Explore booming property markets, top-performing suburbs, and key insights for investors and homebuyers. Browse the latest properties for sale in Melbourne and find your dream home with realestate. au/sold Jan 21, 2025 · Discover the 10 best highest growth suburbs in Melbourne, Victoria, for 2025. Bentleigh Total population: 27,635 Average age: 29-40 Median house price: $1,500,000 Median unit price: $595,000 Bentleigh is a high-demand market with good transport links, local schools, and plenty of amenities on the doorstep. The most popular suburb doesn’t have to be the wealthiest or the most expensive – although, let’s be real, that often helps. Apr 15, 2025 · Discover the most affordable suburbs in Melbourne to buy or invest in 2025 — with strong rental yields, accessible prices, and rapid growth potential. Elwood offers a more affordable Explore median unit and house prices, real estate market data, demography, and lifestyle information for Australian suburbs with our suburb profiles. Australians are increasingly challenged by rising property prices and the cost of living, alongside the desire for a quality lifestyle that doesn’t break the bank. Investors and homebuyers should consider factors such as house prices, rental affordability, vacancy rates, and rental returns. 6% in the quarter. Explore median unit and house prices, real estate market data, demography, and lifestyle information for 3001 suburbs in Victoria Victorian Property Sales Report - Median House by Suburb Quarterly The report lists the percentage shift in median prices between quarters as well as the change over a 12-month period. So how do the prices of different suburbs compare? Let’s see if this rise been uniform across Melbourne’s ever-expanding sprawl (spoiler alert: Not. But not every suburb in the country is collecting the same bank-breaking prices for their houses. Houses built ranged between a median size Explore the richest suburbs in Melbourne—find median prices, lifestyle perks and expert tips to choose the perfect elite neighbourhood! Jun 7, 2024 · Explore Melbourne's best suburbs for schools, featuring high academic standards and community-focused environments. The resilient nature of the rental market trends is backed by government support and the need for larger houses as tenants spent more time indoors due to the lockdown. See the list. When making property investment decisions, it is important to analyze market trends and potential growth in different Melbourne suburbs. Post-COVID recovery brought 15-20% gains during 2021-2022. A string of middle-ring suburbs recorded Melbourne’s highest house price growth over the past year as stretched buyers turn to relatively affordable locations. MORE: Where property prices have peaked in Australia Areas were given scores out of 100, with 100 being most favourable for price growth. Home prices have dropped as much as $53,000 in parts of the Melbourne as prospective buyers looking west can buy a house for as low as $469,000. New data from PropTrack revealed the most-affordable suburbs across Victoria and the areas that had the lowest price growth in the past 12 months. Apr 24, 2020 · According to the Peoples Choice analysis, Burnside in Melbourne’s west ranks second for homebuyers with a median price of $618,500 and a liveability ranking of 76, followed by Gowanbrae which ranks third. Even with a safety index of 81%, some northern suburbs and city suburbs report higher crime rates, as shown in the latest Victorian crime statistics. Melbourne’s battler ‘burbs were the big winners of 2024’s housing market, as affordable addresses dominated the list of the city’s top-performing areas. Suburb Ranking Chinese suburb Home Price Rent Price Housing Turnover - Last 12 months Country of Origin - Australian Born Born Overseas - Greece Born Overseas - Viet Nam Born Overseas - Indonesia Born Overseas - Malaysia Born Overseas - Turkey Born Overseas - Germany Born Overseas - Italy Born Overseas - New Zealand Born Overseas - Singapore Jan 18, 2025 · Looking to invest in Melbourne real estate? Explore the top 10 suburbs for buying and renting property. The nation’s blue-chip postcodes were in huge Feb 13, 2020 · Why Buy a Home in Melbourne? Some of the most reliable factors that contribute to people owning an investment property in Melbourne include low tenant vacancy rates as well as a constant rise of real estate prices. 6% lower than prices recorded 12 months ago. Notably, Brighton and Toorak are at the forefront, with median unit prices of $1,135,000 and $927,550, respectively. The Melbourne’s biggest boom ‘burbs have revelled in home prices jumping six figures since the start of 2024, defying the odds as sellers faced the toughest market since before the pandemic. House prices in some exclusive Melbourne locales have dropped, although buyers will still need to shell out for the ultra top-end properties. Get the latest median prices, real estate market data & demographic information for each suburb in Australia with suburb profiles on Domain. From serene parks to great schools, find your perfect community for family living Oct 17, 2022 · Top 10 most expensive suburbs in Melbourne Since the onset of the Covid-19 pandemic, demand for housing across the country has swelled to new highs, and Victoria’s capital wasn’t immune. Mar 23, 2024 · Melbourne's north-west which includes suburbs like Coolaroo, Dallas and Campbellfield, is the next most affordable area with the median price for a house $756,176. So, what suburbs are the most expensive? House prices in some of Melbourne’s most exclusive suburbs have fallen, driven by high interest rates, buyer hesitancy and sellers’ reluctance to meet market expectations. Feb 5, 2024 · Most expensive suburbs in Greater Melbourne Melbourne's prestigious Toorak takes the crown with houses averaging around $5. While Toorak took out top spot for the year as its $4. 87 million. With some suburbs faring better than others, which are the ones to watch in 2025? Sep 2, 2025 · Discover the top 10 rich suburbs in Melbourne for 2025. 5 years — up 2. Here's your dose of daily cuteness: two baby zebras have just been born in Melbourne. 10A$. Dec 9, 2022 · Melbourne's 10 best and worst performing suburbs, and where to buy in 2023 The gap between the best and worst performing Melbourne suburbs for price growth is huge but what will 2023 present as the best investment options? May 23, 2024 · Demand can also be influenced by government policies and regulations that affect affordability. Lansell Road in Toorak is Melbourne’s most expensive street, with properties selling for over $40 million. Armadale is leading Most Melbourne suburbs have recorded house price falls or only marginal increases over the past 12 months, amid high interest rates and a build-up of homes for sale. ). In 2024, property dreamers had their sights set on other Jul 26, 2019 · Melbourne’s ritzy inner suburbs have taken the city’s biggest house price falls over the past year, while house prices in the first-home buyer strongholds on the outer edges have risen despite A collection of map layers and charts describing median house/unit price and growth by suburb and postcode. In Melbourne’s northwest and west, New Gisborne Bellevue Hill and Vaucluse, known for their high median house prices, rank significantly lower on a price-per-sqm basis due to larger lot sizes. 38 per cent in the past year, but some suburbs strayed from the trend. 85 million. Nov 23, 2023 · Melbourne’s property market is expected to experience significant growth in 2024. But new figures from PropTrack show A handful of Melbourne suburbs recorded double-digit property price increases over 2023, bucking the city’s wider trend of modest growth. Property buyers poured over $1 billion into the south-western Melbourne suburb of Point Cook in 2024, as rising interest rates and cost-of-living pressures drove demand for affordable family homes Feb 13, 2025 · Suburbs like Toorak, East Melbourne, Kooyong, and Hawthorn consistently rank among the most expensive, with median house prices exceeding millions of dollars. Nov 28, 2024 · So, which suburbs are worth a look in now that Melbourne is taking the lead? 1. au data shows Tyabb topped the list, with the suburb’s median house price shooting up 682 per cent over two decades, from Dec 5, 2024 · The Top 8 Richest Suburbs in Melbourne Before diving into the details of top 8 richest suburbs in Melbourne, let’s first take a look at the rental prices for houses and units across the city. Outside of Toorak, Webb St in Brighton made No. Jan 10, 2025 · Best Southern suburbs to live in Melbourne Melbourne’s southern suburbs combine beachside living with excellent schools and a relaxed lifestyle, making them popular with families and professionals alike. Sep 18, 2024 · The 10 best suburbs in Melbourne are: 1 Flemington 2 Northcote 3 Carlton 4 Richmond 5 St Kilda 6 Brighton 7 Mentone 8 Caroline Springs 9 Berwick 10 Footscray. Includes price graphs. Broadmeadows Topping the Affordable and Liveable Property Guide this year, Broadmeadows offers a median house price Apr 16, 2025 · In Melbourne’s pricey inner east, the median house value was about $1. Luxury suburbs include East Melbourne, Kooyong, Brighton, Canterbury, Balwyn, and Middle Park. A cluster of well-heeled suburbs on Melbourne’s bayside have recorded the steepest house price falls in the city over the past three months, and experts say a sluggish market and high interest Sep 12, 2025 · Melbourne’s top investor hotspots for this spring have been revealed in a hit list of mostly affordable suburbs that will put would-be landlords head to head with first-home buyers. An overall Melbourne metropolitan median sale price and country Victoria median sale price are also included for each property type. au Melbourne’s cheapest, most expensive and highest growing suburbs revealed New data collected by the Real Estate Institute of Victoria has revealed the highest performing Melbourne suburbs for the December quarter of 2017. According to the real estate Institute of Victoria, Melbourne's median house price in the June 2019 quarter was $785,000. While the suburb mainly Top Growth Suburbs in Median House Prices - June Quarter 2025 Note: Only quarterly median prices from suburb with at least 30 sales in the relevant quarter are included Jul 11, 2025 · Explore Melbourne Property Prices by Suburb in 2025 and see what the median house and unit prices actually buy. These are the most popular suburbs in Melbourne for property buyers in 2024: Apr 19, 2024 · Boomtown: Australia's 'rising star' suburbs and towns where prices could surge From the regions to the cities, these are the areas where house prices are expected to surge, according to a new report. Meadow Heights was the top performer for units, with around 15 inquiries per listing and apartments or townhouses typically costing around $460,000 – thousands below the city’s median unit price of $614,000. Great schools, parks, and shopping options. Aug 8, 2024 · Discover Melbourne's safest and riskiest suburbs. A Melbourne suburb once known for its gangland hits has made the list of in-demand Melbourne suburbs tipped for prices to take off this year. Jun 1, 2025 · Discover top 20 Melbourne suburbs for families in 2025. Identifying the Most Affordable Suburbs in Melbourne, is extremely difficult, given the city’s vast and varied landscape. “Noble Park North ranks at fifth spot, another more affordable suburb at $606,000 which equates to about $650 a week in repayments but it is that little further out at 25 kilometres Sep 15, 2025 · For instance, 25 Melbourne suburbs experienced median house price increases exceeding $100,000 in 2024, with Deepdene recording a remarkable $602,000 (20%) rise. Toorak Current median house price: Approximately $5. Middle Park and Canterbury continue to hot the podium places of 2nd and third respectively. Suburbtrends has revealed the best suburbs in Melbourne. But before you give up, here's a list of the most affordable and liveable suburbs in Melbourne right now. By looking at the performance of individual suburbs, we see how sub-markets across the cities relate to each A guide to Melbourne's Most Liveable Suburbs, all you need to know about Melbourne and living in Melbourne Why Frankston North? Beachside living at an affordable price. Where does your suburb rank in terms of liveability? Use this list to see its current rating, compare with its rating in the last The Age liveability survey (from 2005) and use the house price Jan 20, 2025 · House prices in 25 Melbourne suburbs have out-earned their owners in the past year, surging at least $100,000 as the family home became 2024’s “most successful” property type. 52 on the list with a $5,332,500 median house price. Melbourne’s housing market is set for a monster comeback with almost two thirds of suburbs now on an upward trajectory, and battler ’burbs tipped for “supercharged” price growth. The data from PropTrack Nov 14, 2024 · Source: Domain, RealestateInvestar Here are the full details of all the suburbs to watch in Melbourne, listed in alphabetical order. Make the wrong choice, and you could be grappling with sky-high property prices, lacklustre schools, or a dodgy commute that turns your days into a slog. For the third year, experts from around the country have nominated suburbs they tip to see short- to medium-term price growth based on nine lifestyle, demographic and economic factors. au Melbourne’s outer suburbs are offering the best bang for buck when it comes to land size, with home buyers able to snap up a house in Emerald in the south-east for $418 per square metre. Explore the average prices of houses, apartments, and townhouses, and understand current market trends and forecasts. Jan 20, 2025 · Melbourne’s median house price decreased by 2. The full suburb list of what is within the regions is available here. All. Similarly, Melbourne median unit prices decreased over the final quarter of 2024, decreasing to $622,500, down 0. Domain's latest Liveable Cities study by Deloitte Access Economics and Tract Consultants reveals that high-ranking suburbs scored well for cafes, walkability, access to jobs, schools and public transport, traffic Dec 18, 2023 · Melbourne housing forecast: Suburbs to watch in 2024 Melbourne's property market isn't expected to see the growth that, say, Sydney's might in 2024, but there is still plentiful opportunities for house hunters in the Victorian capital. Melbourne and Canberra median house prices still sit over $1 million while Brisbane and Adelaide medians are still $823,000-813,000. Melbourne house values have fallen by as much as 10 per cent over the past year in a string of sought-after suburbs in the city’s south and east. I’ve walked the streets , reviewed the numbers, researched online and Nov 15, 2019 · The new Domain Liveable Melbourne study — the fourth of its kind since 2005 — has ranked 307 suburbs on 17 indicators to give us this list of the most liveable in the city. 06 million based on Domain data, making it the cheapest suburb in the rankings. Nov 19, 2019 · For the third time, South Yarra has taken top spot as Melbourne's most liveable suburb. 3 days ago · Melbourne has 1 stMost Expensive Meal, Inexpensive Restaurant, Restaurants in Oceania out of 10 cities). In Melbourne, the most expensive suburb was Albert Park, with a median block size of 153sqm priced at $13,915/sqm. Find the best place in Melbourne to live, from affordable to family-friendly and growing suburbs. com. Property prices have fallen by double digits since their peaks in a string of inner Melbourne suburbs amid soaring interest rates, creating better conditions for buyers and a weaker market for Dec 9, 2024 · Melbourne’s property market lagged behind that of the broader nation in 2024, with home values falling over the past 12 months. Melbourne’s median house price median rose 2 per cent Apr 15, 2025 · In Melbourne, 3 per cent of all suburbs, mostly located in the inner east and north-west, posted new house price peaks, while 4 per cent of unit markets hit new highs. The three suburbs are among the most expensive in Melbourne; each recorded a median house price of more than $2 million and of them, East Melbourne was the most expensive at about $3. Here are some expert picks. g. . 662m median house value rose $251,000 (5. 372m typical home gaining $71,600 (5. Houses in Tyabb on the Mornington Peninsula, Middle Park, Hawthorn East and Ivanhoe were the city’s biggest winners, notching surprising growth anywhere from $200,000-$445,000. House prices have dropped in almost 80 per cent of Melbourne suburbs. Melbourne property market has experiences some impressive capital growth returns. Discover the median price, property market data, and demographic info with Melbourne profile. Mar 27, 2025 · Explore the top suburbs in Melbourne for 2025. Coast and country suburbs Tyabb, Somers, Rye and Tootgarook dominated Greater Melbourne’s top performing price growth suburbs since 2000. 3674 properties for sale in Melbourne, VIC. See more Price Rankings for Melbourne The price of Eggs (regular) (12) in the year 2012 in Melbourne was 4. The cost of building a house in these top 20 suburbs started at $272,944 and topped out at $387,688. Realestate. Picture: realestate. Mar 4, 2025 · And they’re not alone, with a new report from real estate researchers at Suburb Data ranking the bayside suburb’s units – including townhouses and apartments – among the top 20 Melbourne areas that have hit bottom and are poised for a come back in 2025. According to PropTrack, median unit Dec 1, 2019 · For the Sydney and Brisbane suburbs and a few Melbourne suburbs, it is necessary to derive the house price data from published auction sources. 8km north west of Melbourne’s CBD it’s well connected by public transport (train and tram) making it a great option SEARCH YOUR AREA: Home price changes in every suburb revealed Across Greater Melbourne, the suburbs of West Melbourne, Albion and Waterways experienced the largest change in their median house prices. 7 per cent), Pakenham Upper ranked second, with its $1. Latest insights into the Melbourne housing market with median property prices, trends and predictions for sellers, buyers and investors. Explore secure, student-friendly, and family-oriented areas like Kew, Toorak, and Malvern, offering a luxurious lifestyle. Why These Suburbs Are Winning in 2025 According to recent data, Melbourne’s median house price continues to hover around $900,000. The Melbourne suburb ranking Sep 2, 2025 · However, if a suburb has very similar housing, such as renovated older homes on large blocks or a newer suburb where most of its housing stock was built over a few years, the median house price would be more relevant. Understanding these variations can help buyers and investors make informed decisions. 5 million 10-year appreciation: 75-85% Historical performance: Toorak has consistently maintained its position as Melbourne’s most prestigious suburb. At. 1. 683 million. Jul 10, 2024 · Recent data from Domain reveals that the median prices in the four most expensive suburbs for units exceed Melbourne's overall median dwelling price of $885,328 by up to $250,000. After lots of research, I have selected the 10 best suburbs to invest in Melbourne in 2025. Several of realestate. Aug 23, 2024 · Which Suburbs in Melbourne Are Best for Capital Growth? Essendon House for sale in Essendon VIC 3040 Median House Price: $1. Apr 3, 2025 · House prices are climbing across more suburbs in Sydney and Melbourne as the recovery gathers steam. au has unveiled the most expensive suburbs in Australia, with Sydney’s suburbs overwhelmingly populating the rankings. 645 million (up almost $400,000 from 2011). Median Price Map These maps show all suburbs in Victoria which have recorded sufficient number of sales in the quarter. Home buyers looking to buy in Melbourne’s most liveable suburbs can expect to shell out more than $1 million to secure a house, thanks to the suburbs’ proximity to the city and other sought A number of suburbs have shown signs of heightened activity against the backdrop of Melbourne’s softened property market landscape. A rise in sales activity in Sunbury has the area in Melbourne’s north west ranked as the nation’s top spot for a lift in house values this year. Get expert insights to boost your returns and find the best locations to invest in 2025! Mar 26, 2024 · Families are building homes in suburbs between 20km and 50km from the Melbourne CBD, striking a balance between cost of buying a house and quality of life. Nov 3, 2021 · The city’s top 50 most liveable suburbs — praised for parks, shops, good schools and more — have been revealed. 645 million (up almost The Melbourne inner-city MVP list includes Alphington in second place. The area saw steady 7-8% annual growth during the 2013-2017 boom period, followed by a brief correction during 2018-2019. 56 million, but houses in the region’s cheapest suburb, Blackburn North, were typically almost $300,000 cheaper than that. RELATED: 20 suburbs poised for home price gains The best Melbourne suburbs to live in lockdown Melbourne’s five priciest homes for sale 1/44 Third Ave, Chelsea Heights, sold for $910,000 this week. au. Aug 4, 2023 · The best suburbs in Melbourne are clustered around the Yarra Valley. Dec 11, 2024 · What do St Kilda East, Maroochydore, Enmore and Broome have in common? They’re all suburbs in the 2025 REA Group Hot 100. Real examples reveal surprising value and insights. 5 per cent). 5 million for the June quarter, according to Domain data. Melbourne's median property price Here is the latest data on the median property prices for Melbourne. Melbourne median weekly house rent 2020: $440 Melbourne median weekly house rent 2019: $430 Melbourne median weekly house rent 2018: $430 To simplify your decision, I’ve conducted detailed research based on key safety metrics and personal observations for you, continue reading below, to see which suburbs made the Top 10 List of the Safest Suburbs in Melbourne. Toorak continues to rank the most expensive suburb with a median house price of $5,000,000 up from $4,455,000 in December 2020. House and apartment pricing data is current as of mid-2025; if a cell says “0”, means there is not enough data to form a median price. In the mid-1970s, Melbourne’s median house price was sitting around $30,000. “This highlights the value buyers place on lifestyle-focused, amenity-rich suburbs like Paddington and Darlinghurst,” Creagh said. Jan 30, 2020 · House prices in some of Melbourne’s most affordable and liveable suburbs have increased by tens of thousands of dollars in just three months, new data shows. Melbourne's Best School Zones by Property Price Find top-performing schools by house prices in Melbourne, Victoria. Take it with a grain of salt, or as a tarot card reading. Aug 12, 2025 · Melbourne house prices set for strong rebound in 2025. Would you like to see how prices increased over time? See Historical Data in Melbourne Jan 26, 2024 · Luxury real estate in Melbourne, Australia, conjures up names like Brighton, South Yarra and Toorak, but affluent buyers can find a lot more value by looking outside the obvious places Mar 14, 2019 · These animated maps show how house price falls spread across Sydney and Melbourne. See Victoria’s top 10. Middle Park has increased to $3,842,500 in June 2021 Home prices in 20 Melbourne suburbs have hit bottom and are poised for a come back in 2025 as interest rates buoy homebuyer confidence. Use this guide to make informed decisions about where to live. 1 per cent to a median of $1. Perth is the Now, on the flip side: these are the ten cheapest suburbs in Melbourne to buy a house. 1 per cent […] Ranking highly in almost every liveability category assessed, there’s good reason Toorak is one of most expensive suburbs in Australia, with a median house price of $2. These Melbourne suburbs have found the perfect balance to boast more space than the average areas, great walkable access to essential amenities and a moderate property price performance. , about public transport) are inaccurate, and doesn't mention where it gets its stats for crime or mention what type of crime is most prevalent in that suburb which is important. These western suburbs of Melbourne such as Footscray and Sunshine hold median house prices of approximately $945k and $788k respectively while facing 20,000–27,000 incidents per 100k population which rates them among the highest crime areas in the city. However, the suburbs listed above remain significantly below this threshold, offering great Apr 4, 2025 · Overall, typical Melbourne house values fell by 2. To help you make a choice, our list of wealthy suburbs Melbourne is ranked from the most expensive to the most affordable. This section delves into the price disparities within Melbourne’s diverse neighborhoods, exploring the factors that contribute to these differences. Dec 27, 2023 · The numbers are in, and Melbourne’s top-performing suburb of the year is located in the city’s southeast, as prices jumped across much of the city. Its median unit price, at $401,500, is also the lowest in the rankings. For those looking to purchase a top address in suburbs not covered in the report, he said key trends in the Top 100 streets linked better overall rankings with proximity to waterways and beaches, but also with golf courses and ridge lines. May 22, 2024 · Melbourne’s property market exhibits significant regional variations, with house prices differing substantially across different suburbs and regions. Chinese Suburb Reports Chinese Suburb House Price Chinese Suburb Rent Price << Previous Page Next Page >> Feb 6, 2024 · Australia’s top 10 suburb median house prices add up to more than $55 million – and that’s a figure likely to surge further throughout 2024. Jun 24, 2024 · Dozens of liveable Melbourne suburbs, even in far-flung areas, have recorded soaring price growth thanks to sheer buyer demand for green spaces, schools and amenity, rendering them unaffordable. Oct 9, 2024 · Houses in some of the more desirable suburbs in Sydney and Melbourne may also be the most undervalued in the country, after prices slumped by as much as $900,000 in some areas since their peaks A mix of middle and outer Melbourne suburbs can be revealed as the city’s best performing over the past five years, after the house price medians grew as much as 40 per cent in some locales. The list of top suburbs for both houses and units includes Brighton, Portsea, and Balwyn, highlighting Melbourne's diverse and upscale property market. au’s most-searched suburbs last year included aspirational inner southeast and east locales like Brighton and Toorak, boasting median house prices above $3m and $4m respectively. , the top 5 suburbs look good for young adults, but not so much for families), but some of the descriptions (e. But Victoria has been snubbed in national analysis, with only the regional town of Red Cliffs just outside of Mildura making the top 100 places in Australia to buy a house as an investment right now — and Jan 20, 2025 · House prices in 25 Melbourne suburbs have out-earned their owners in the past year, surging at least $100,000 as the family home became 2024’s “most successful” property type. Across the entirety of metropolitan Melbourne, REIV data showed that Melbourne house prices rose for the seventh quarter in a row up 1. Residential property values in nearly 30 per cent of Australian suburbs have fallen, according to a new report. Key Jul 13, 2020 · Two developing suburbs on Melbourne’s outskirts have outpaced coastal havens either side of the city to record the biggest median house price growth over the past five years. House prices in the suburb surged by 25. In this article, we examine the worst suburbs in Melbourne for crime, focusing on areas with rising incidents. Brighton remains a premium choice with its beachside mansions and proximity to elite schools, though its median house price is steep at just under $3 million. Not only is it subjective (e. The weakening neighbourhoods include bayside Ranking highly in almost every liveability category assessed, there’s good reason Toorak is one of most expensive suburbs in Australia, with a median house price of $2. Through meticulous research and consideration of key affordability criteria, this article aims to profile Our Home Price Index measures monthly changes in home values across Australia, giving you an up-to-date and accurate view of market performance and trends. 1 per cent over the December quarter, while house prices increase 1. 3 million. My main criteria were affordability, quality of life, and rental yield. These layers are designed to reveal high growth areas, best suburbs to invest in 2022 for your analysis. 1% Essendon is a suburb that has old charm and modern convenience. Oct 27, 2023 · After all, Sydney’s median house price cracked $1. Apr 4, 2023 · The average rent in Melbourne, Australia for houses peaked in 2020 despite the pandemic. Sep 2, 2025 · With a choice of over 300 suburbs, it is very challenging finding the right suburb in Melbourne that matches your requirements. Sep 10, 2025 · Melbourne is beloved by many, but like any city, some suburbs have higher crime rates. One of the top-performing suburbs in the 12 months to March this year was Yarramabat – where the median house price increased by more than $114,200 to hit $1,906,191. Listings figures are also improving for Melbourne. 8M Weekly Median Rent: $700PW Median Sale Price Change (1yr): -1. A recent report from property website Realestate. The median house price in Flemington is $1. Melbourne’s leafy middle suburbs have outperformed some inner-city neighbourhoods when it comes to price growth over a five-year period. Melbourne’s elite suburbs offer historic homes, high-end amenities, and prestige. 22% Gross Yield: 2. Suburb Analysis The Melbourne property market is a complex and diverse landscape, with significant variations in property prices across different suburbs. House values in affluent neighbourhoods are likely to be pushed up faster by rate cuts, and buyers are already trying to beat the pack. Feb 27, 2023 · While Sydney’s cheapest price per sqm suburb was Canterbury, with a median block size of 453sqm and price of $3,199. Melbourne suburbs to score above 70 for their units’ demand to supply ratios included top-ranking Mentone, with South Yarra, Sunshine, Forest Hill, Craigieburn, Altona, Richmond, Newport and Laverton also on the list. 6 per cent over the same period. Oct 16, 2024 · Find out how much a house in Melbourne costs in 2024. Complete suburb guide with median prices, market trends & expert buying insights. Strong growth potential due to ongoing developments. Sep 1, 2025 · Melbourne House Prices - Full List A complete list of Melbourne suburbs by region, with median house + unit prices – table is searchable, can be sorted by highest-lowest price for each type of dwelling, etc. In Melbourne’s north, an average of 21 interested buyers reached out to the agents of each house listed in Wandong at the same time prices fell by almost $22,000. By contrast, many of the suburbs Choosing the right suburb in Melbourne to call home isn’t just a roll of the dice; it’s about sifting through a dazzling array of choices to find that perfect spot. Data from Domain shows the most-searched suburbs on the site so far this year are mainly located in areas noted for their high price points, including South Yarra in Melbourne, which has a median Melbourne’s median house sale price for the past year is hovering just below $1m, at $970,000, according to the Real Estate Institute of Victoria. Chinese Suburb Reports Chinese Suburb House Price Chinese Suburb Rent Price << Previous Page Next Page >> Dec 21, 2022 · The median house price in Melbourne is around the $1 million mark. Edgecliff has the cheapest unit prices in Sydney's eastern suburbs. 1% over the quarter and is 1. Melbourne is forecast to see between a -1% to +2% shift in prices by the end of 2023. Mornington Peninsula enclaves have reeled in some of Melbourne’s largest house price gains of the past 20 years.
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