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Melbourne Median Price
House$695,600
Unit$590,300
The House price is 49% lower than last year.
Surrounding suburbs
Albert Park$2,080,100
Carlton$1,604,500
Cremorne$1,328,600
Docklands$1,321,200
East Melbourne$3,147,800
North Melbourne$1,372,900
Parkville$2,182,400
Prahran$1,625,000
Richmond$1,313,300
South Melbourne$1,629,700
South Yarra$1,893,100
Southbank$802,600
St Kilda$1,660,100
West Melbourne$1,258,200
Windsor$1,504,500
Melbourne Median Rent
House$636
Unit$574
The House rent is 11% higher than last year.
Melbourne sold price
Melbourne rent price
Melbourne school
Melbourne, 3000 VIC( 0.1km north of CBD )

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Sales Data
Number of houses/units3801 / 70773
Houses/units sales last 12 months52 / 1673 (turnover 2.31% ranks No.944 more...)
Highest price last 12 months$40,000,000
Days on Market54 days in Dec 2017
Features
1. Home median price ranks No.424 among 1225 suburbs of Victoria. More price ranking...
2. Home median rent ranks No.113 among 1225 suburbs of Victoria. More rent ranking...
3. People from Indonesia(9%) like to live in this suburb.
4. There are more Flat(75%) in this suburb.
5. People are well-educated (University or Tertiary education 24%).
6. People from United Kingdom(7%) like to live in this suburb.
7. Many people in this suburb are Professionals(10%).
8. Many houses in this suburb are Rented(52%).
9. People from Malaysia(6%) like to live in this suburb.
10. People from Hong Kong(3%) like to live in this suburb.
11. People from New Zealand(3%) like to live in this suburb.
Demographics
PopulationSizeMelbourneMelbourne
All People182663366613
Country of OriginMelbourneMelbourne
Australian Born50%65%
Born Overseas - Top 5MelbourneMelbourne
Indonesia9%0%
United Kingdom7%5%
Malaysia6%1%
New Zealand3%1%
Hong Kong3%0%
Median household incomeMelbourneMelbourne
Weekly income$994$1,333
Age StatisticsMelbourneMelbourne
20 to 3947%33%
40 to 5930%28%
5 to 1913%14%
60+9%17%
0 to 42%7%
Family Statistics - Top 5MelbourneMelbourne
Never Married48%33%
Married41%51%
Divorced6%7%
Widowed3%6%
Separated2%3%
Religion - Top 5MelbourneMelbourne
No Religion25%19%
Catholic25%33%
Anglican16%16%
Buddhism10%4%
Uniting Church6%5%
Occupation - Top 5MelbourneMelbourne
Managers and Administrators11%4%
Professionals10%8%
Associate Professional8%5%
Intermediate Clerical/Sales/Service5%7%
Elementary Clerical/Sales/Service2%4%
Education - Top 5MelbourneMelbourne
Not Attending (Working)66%73%
University or other Tertiary Institution24%5%
Technical or Further Education5%3%
Other Education2%1%
Secondary Education2%7%
Transport to Work - Top 5MelbourneMelbourne
Walked11%1%
Car (driver)10%28%
Taxi4%0%
Ferry/tram2%1%
Car (passenger)2%3%
Type of Dwelling - Top 3MelbourneMelbourne
Flat75%14%
Semi/Terrace8%8%
Nature of Occupancy - Top 3MelbourneMelbourne
Rented52%24%
Fully Owned18%43%
Purchasing12%27%
Monthly Loan Repayment - Top 5MelbourneMelbourne
$1,500+39%9%
$1,200-$1,39914%7%
$1,000-$1,19914%13%
Top 5 Realestate Agent
Agent NameProperty Sales Market Share
Dingle Partners - Melbourne6%
Pagan Real Estate - TRAVANCORE5%
Melcorp Real Estate - Melbourne5%
Harcourts Melbourne City - MELBOURNE3%
MICM Real Estate - SOUTHBANK3%
Note: The percentage of property sales in Melbourne is based on the sold records in recent two years.
Schools
School NameSchool Type
Centre For Adult EducationSecondary School
Holmes Secondary CollegeSecondary School
Melbourne Senior Secondary CollegeSecondary School
New Generation CollegeSecondary School
Ozford CollegeSecondary School
Stott's CollegeSecondary School
Taylors CollegeSecondary School
The Meridian International SchoolSecondary School
The Melbourne City SchoolCombined School
La Trobe UniversityUniversity School
RMIT UniversityUniversity School
William Angliss Institute of TAFETAFE School
Cae MelbourneLanguage School
Discover EnglishLanguage School
Embassy CESLanguage School
Impact English CollegeLanguage School
User Review
02 Jul 2012
The most unaffordable housing in the world, relative to income... Melbourne is Nr. 6.

1 China Hong Kong, 11.4
2 Australia Sydney, NSW 9.6
3 Canada Vancouver, BC 9.5
4 U.K. Bournemouth & Dorset 9.3
5 Australia Coff's Harbour, NSW 9.1
6 Australia Melbourne, VIC 9.0
7 U.S. Honolulu, HI 8.5
8 Australia Sunshine Coast, QLD 8.4
9 U.K. Warwickshire 8.1
10 U.K. London 7.9
10 U.K. Plymouth & Devon 7.9
12 Australia Gold Coast, QLD-NSW 7.7
13 U.K. Swindon & Wiltshire 7.5
14 Australia Geelong, VIC 7.4
15 Australia Wollongong, NSW 7.2
15 U.S. San Francisco-Oakland, CA 7.2
15 U.S. Santa Cruz, CA 7.2
18 Australia Adelaide, SA 7.1
18 Canada Victoria, BC 7.1
18 U.K. London Exurbs 7.1
21 Australia Newcastle-Maitland, NSW 7.0
By bob - 23 Oct 2018
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