Best Real Estate Agents Melbourne Victoria 3000 | Image Property

Melbourne

VIC 3000


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.

Market Statistics Summary* ^

Last 12 months (last updated: November 2025)

$538k

Median Sale Price

The median sale price is the middle value of all sale prices in a given period.

10.26%

Annual Change in Median Price

Change in sale price of properties sold in the last 12 months compared to 12 months prior.

18

Properties Sold

The number of properties sold in the last year.

127

Median Days on Market

The middle value of all days on market for properties sold in a given period.

$613

Median Rent

The middle value of all rental prices in a given period.

2.68%

Median Rental Yield

Estimated annual rent earned on a property as a percentage of its market value.


Median Sale Price ^

Property market insights for houses in Melbourne, VIC. Adjust the bedroom count for further insights.

House Price Guide

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

Median Price Insight in Melbourne ^

Price and market insights over the last 12 months for houses and units in the Melbourne area.

Median Price Guide

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

Potential Buyers ^

Potential Buyers

We have insights into the property-purchasing intentions of Australia's largest property-seeking audience: realestate.com.au

These insights actually have a meaningful predictive power: they're not just random clicks on a webpage.

Potential buyers: People who are seriously interested in buy listings on realestate.com.au with the same number of bedrooms, property type and suburb.


Legal Disclaimers ^

PropTrack

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.

Properties for Lease in Melbourne.

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