Suburb Profile

Supply Demand History in Melbourne

MonthSupplyDemand
2015 Apr122530403
2015 May125729803
2015 Jun125527033
2015 Jul122428512
2015 Aug118126415
2015 Sep120125085
2015 Oct124325671
2015 Nov127623014
2015 Dec123718924
2016 Jan125026811
2016 Feb129026443
2016 Mar128525200
2016 Apr129527057

More Recent Sold in Melbourne

Address Sold Price
42/16-18 Bennetts Lane 2 $490,000
9/398 La Trobe Street 2 $800,000
1115/43 Therry Street 1 $195,000
5C/131 Lonsdale Street 1 $280,000
3006/5 Sutherland Street 2 $670,000

More Recent Rent in Melbourne

Address Price/Week
502/39 Queen Street 1 $390
305/406 Latrobe Street 1 $410
1709/120 A'Beckett Street 2 $720
REF 092809/618 Lonsdale Street 1 $445
1804/25-33 Wills Street 1 $440

Rent Yield in Melbourne

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
2.5-$700--$700-2
1$353,592$4476.57%$349,975$4306.39%1710
2$558,679$6155.72%$528,500$5985.88%1815
3$1,147,087$9114.13%$899,500$8404.86%307
4$1,813,000$1,1493.30%$825,000$1,0506.62%12
5-$1,550--$1,550-1
House
1$340,000$4216.44%$340,000$4056.19%13
2$307,800$5859.88%$290,000$60010.76%20
3$490,500$1,13212.00%$490,500$1,30013.78%5
5-$1,550--$1,550-1
Unit/apmt
1$370,689$4616.47%$359,500$4306.22%999
2$578,608$6135.51%$550,000$6005.67%1179
2.5-$700--$700-2
3$1,201,193$9023.90%$950,000$8304.54%201
4$2,060,000$1,7504.42%$1,320,000$1,7506.89%6
Apartment
1$346,833$4306.45%$407,500$4085.21%12
2$650,371$5774.61%$650,000$6004.80%26
3$1,180,000--$1,180,000--1
Townhouse
1-$360--$360-1
2-$855--$855-2
3-$870--$870-1
4-$1,050--$1,050-2
Other
1$236,719$3918.59%$235,000$3908.63%105
2$608,875$6385.45%$574,500$6005.43%89
3-$1,037--$1,050-11
Unknown
1$345,511$4346.53%$344,500$4306.49%580
2$518,324$6166.18%$490,000$5706.05%499
3$1,083,474$9024.33%$840,000$8105.01%88
4$825,000$8135.12%$825,000$8405.29%4

Demographics of Melbourne

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%

Crime Rate of Melbourne

Crime TypeRate of MELBOURNERate of VIC
Crime Against Property17,4934,607
Crime Against the Person3,456940
Drug Offences1,506311
Other Crime5,129875
Total27,5846,733
Note: Melbourne belongs to city Melbourne. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Melbourne, VIC 3000 (0.05 km to CBD)

Median House Price

$491,750

Median Unit Price

$465,255

Surrounding Suburbs

Closest Train Station

Melbourne Central Station 0.34 km

Selected Demographics of Melbourne

  • 4468 Number of House
  • 58896 Number of Unit
  • 18266 Number of People
  • 28 Median Age
  • 1.8 Median Household Size
  • $416 Weekly Rent
  • $698 Weekly Individual Income
  • $1,788 Weekly Family Income
  • $1,230 Weekly Household Income
  • $0 Median Asking Price
  • $320 Median Rent
  • 0.00% Rent Yield
  • 0 Stock On Sale
  • 7.44% Vacancy Rate
  • 1289 Average Supply
  • 25819 Average Demand
  • 20.04 Supply Demand Ratio

Schools in Melbourne

School NameSchool SectorSchool Type
Holmes Secondary School
MacRobertson Girls High SchoolGovernmentSecondary
Melbourne Grammar SchoolIndependentCombined
New Generation CollegeIndependentSecondary
Ozford CollegeIndependentSecondary
Stott's CollegeIndependentSecondary
Taylors Senior College
The Melbourne City SchoolIndependentCombined
Wesley CollegeIndependentCombined

Leading Agencies (Sale)

Dingle Partners - Melbourne 7%

Elite Real Estate - Melbourne 5%
MICM Property - Southbank 5%
Harcourts City Residential - Melbourne 4%
Hocking Stuart - (Melbourne) Pty Ltd 4%
Brady Residential - MELBOURNE 4%
4%
Melcorp Property - Melbourne 3%
Galldon Real Estate - Melbourne 3%
City Residential Real Estate - Docklands 2%

Leading Agents (Rent)

Agent NamePercentage
Dingle Partners - Melbourne9%
Melcorp Property - Melbourne7%
MICM Property - Southbank5%
City Residential Real Estate - Docklands4%
Hocking Stuart - (Melbourne) Pty Ltd3%
Little Residential3%
Elite Real Estate - Melbourne3%
UniLodge Australia Pty Ltd - Melbourne3%
Property X - Melbourne2%
Home @ Flinders - MELBOURNE2%