Last month Melbourne had 1272 properties available for rent and 765 properties for sale. Median property prices over the last year range from $537,500 for houses to $330,000 for units. If you are looking for an investment property, consider houses in Melbourne rent out for $613 with an annual rental yield of 3.57% and units rent for $650 with a rental yield of 8.93%. Melbourne has seen an annual compound growth rate of 18.13% for houses and 0.00% for units.
Last 12 months (last updated: November 2025)
Median Sale Price
The median sale price is the middle value of all sale prices in a given period.
Annual Change in Median Price
Change in sale price of properties sold in the last 12 months compared to 12 months prior.
Properties Sold
The number of properties sold in the last year.
Median Days on Market
The middle value of all days on market for properties sold in a given period.
Median Rent
The middle value of all rental prices in a given period.
Median Rental Yield
Estimated annual rent earned on a property as a percentage of its market value.
Property market insights for houses in Melbourne, VIC. Adjust the bedroom count for further insights.
Median sale price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$537,500
Median price
Up 10.26%
18
Houses
sold
2.68%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
5
Houses
sold
3.11%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
3
Houses
sold
2.95%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
2
Houses
sold
3.07%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
0
Houses
sold
2.66%
Estimated rental yield as at November 2025
Median rental price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$613
Median price
Down -2.70%
97
Houses
leased
Median rental price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$650
Median price
31
Houses
leased
Median rental price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$800
Median price
Down -3.03%
16
Houses
leased
Median rental price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
3
Houses
leased
Median rental price snapshot for houses in Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
0
Houses
leased
Price and market insights over the last 12 months for houses and units in the Melbourne area.
Houses
$0
Median sale price
131
Median days on market
$405 per week
Median rental price
44
Median days listed
Units
$0
Median sale price
58
Median days on market
$400 per week
Median rental price
18
Median days listed
Houses
$0
Median sale price
245
Median days on market
$535 per week
Median rental price
54
Median days listed
Units
$330,000
Median sale price
49
Median days on market
$550 per week
Median rental price
22
Median days listed
Houses
$0
Median sale price
143
Median days on market
$650 per week
Median rental price
29
Median days listed
Units
$533,000
Median sale price
56
Median days on market
$720 per week
Median rental price
29
Median days listed
Houses
$0
Median sale price
62
Median days on market
$800 per week
Median rental price
33
Median days listed
Units
$1,107,000
Median sale price
49
Median days on market
$1100 per week
Median rental price
31
Median days listed
Houses
$0
Median sale price
89
Median days on market
$0
Median rental price
15
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Units
$0
Median sale price
134
Median days on market
$1050 per week
Median rental price
31
Median days listed
Houses
$537,500
Median sale price
127
Median days on market
$613 per week
Median rental price
36
Median days listed
Units
$437,500
Median sale price
51
Median days on market
$650 per week
Median rental price
26
Median days listed
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Potential buyers: People who are seriously interested in buy listings on realestate.com.au with the same number of bedrooms, property type and suburb.
The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.