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Australian suburb property profile

Melbourne VIC 3000

Melbourne VIC 3000 recorded a 2025 median unit price of $455,000 and annual growth of -5.21%. Review rent, gross yield, sales evidence, supply and local context.

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100% data completeness 1 qualifying dwelling type (units) 4,879 indexed addresses in locality
Market snapshot

Prices, rent and market evidence

Dwelling types appear only when the underlying sales and rental samples meet the Rankings confidence rules.

Units

Melbourne Units

42.7 overall score / 100
Median price 2025 $455,000
Annual growth 2025 -5.21%
Median rent Q1 2026 $650/week
Gross yield Q1 2026 7.41%
Sales in 2025 2,025
Days on market Q1 2026 46
Investment signals

The Rankings tooltip, expanded

Scores compare qualifying suburbs nationally. They are screening indicators, not forecasts or investment advice.

House signals

Missing data
Price growthMissing data
Insufficient evidence No qualifying 2024 to 2025 result
Gross yieldMissing data
Insufficient evidence No qualifying rent period
Sales volumeMissing data
Insufficient evidence No qualifying 2024 and 2025 evidence
Market speedMissing data
Insufficient evidence No qualifying market snapshot
New SupplyMissing data
Insufficient evidence No qualifying dwelling result
Owner occupationMissing data
Insufficient evidence 2021 Census not joined to this result
Household incomeMissing data
Insufficient evidence 2021 Census not joined to this result
Local SchoolsMissing data
Insufficient evidence No qualifying school context
Local CrimeMissing data
Insufficient evidence No qualifying 2025 comparison

Unit signals

Price growth-5.21%
Bottom 20% 2024 to 2025
Gross yield7.41%
Top 20% Price and rent: Q1 2026
Sales volume2,025 sales
Top 20% 2024 and 2025 sales evidence
Market speed46 days
Bottom 20% Market snapshot: Q1 2026
New Supply297 approvals
Middle range Approvals since Jun 2020
Owner occupation25.9%
Bottom 20% 2021 Census
Household income$1,506/week
Bottom 20% 2021 Census
Local Schools1,004
Bottom 20% Latest available school data
Local CrimeBottom 20%
Bottom 20% 2025 comparison

What the current data suggests

  • Unit: Price growth is below the ranked-market average.
  • Unit: Gross yield is above the ranked-market average.
  • Unit: Sales evidence is above the ranked-market average.
  • Unit: The approvals component sits near the middle of the ranked markets.
Price history

Annual median-price movement

Changes in the mix and number of properties sold can affect the median. Use the sales counts and live map before drawing a conclusion.

Unit median price
Annual suburb median and sales observations used by the Rankings dataset. $0$150k$300k$450k$600k2021, median $500,000, 1,384 sales2021 · $500,0001,384 sales20212022, median $500,000, 1,430 sales2022 · $500,0001,430 sales20222023, median $475,000, 1,701 sales2023 · $475,0001,701 sales20232024, median $480,000, 1,868 sales2024 · $480,0001,868 sales20242025, median $455,000, 2,025 sales2025 · $455,0002,025 sales2025
YearMedianSales
2021 $500,000 1,384
2022 $500,000 1,430
2023 $475,000 1,701
2024 $480,000 1,868
2025 $455,000 2,025
Socio-demographic context

Household and community indicators

These measures come from different source periods. Their dates are displayed rather than being presented as if they were collected simultaneously.

Owner occupied 25.9% 2021 Census
Weekly household income $1,506 2021 Census
Development approvals 297 Allocated area approvals since Jun 2020
Best available ICSEA 1,004 Latest available nearby-school context
Local Crime Risk Bottom 20% 2025 comparison
Social housing 0.7% 2021 Census
Nearby profiles

Compare markets around Melbourne

Distances use suburb centroids and are approximate.

VIC 3006 Southbank 1.5 km from suburb centre Units $546,800 VIC 3003 West Melbourne 1.6 km from suburb centre Units $495,000 VIC 3008 Docklands 1.9 km from suburb centre Units $600,000 VIC 3051 North Melbourne 2.1 km from suburb centre Houses $1,267,000 Units $520,000
Read before using the figures

Different datasets have different coverage and update dates.

Price medians, rents, building approvals, Census measures, school context and crime indicators are assembled from separate sources. A ranking score cannot replace comparable-sales analysis, inspection of the local housing stock or professional advice.

Review data sources and methodology
Profile data refreshed 27 July 2026 Only dwelling types meeting the current sales and rental confidence rules are shown.
Data Download

Download the Melbourne data workbook.

Get the available house and unit price history, growth, rents, sales evidence, ranking signals, approvals and local context in one Excel file.

Included suburb data

Quarterly house and unit prices Annual house and unit prices Price growth and suburb rankings Median rents and new rental bonds Gross rental yields Property sales volume Days on market Development approvals and new supply Owner-occupier statistics Household income statistics School statistics and ICSEA Local crime indicators Social housing (Housing Commission)

Source periods differ between metrics. Every sheet keeps its period or definition visible, and blank values are not estimated.

Excel workbook Melbourne VIC 3000
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