Melbourne Suburb ProfileVictoria 3004
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Melbourne has 13,569 properties. Over the last 5 years, Houses in Melbourne have seen a 64.85% increase in median value, while Units have seen a -7.33% decrease. As at 30 November 2024:
- The median value for Houses in Melbourne is $1,999,879 while the median value for Units is $648,017.
- Houses have a median rent of $600 while Units have a median rent of $630.
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.
Market Insights
Melbourne Trends for Houses
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Melbourne Trends for Units
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Neighbourhood Insights
Age
Population 47,293
0-9
3%
10-19
9%
20-29
48%
30-39
20%
40-49
7%
50-59
5%
60-69
4%
70-79
2%
80-89
1%
Household Structure
Occupancy
Recent Sales in MELBOURNE 3004
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0Properties for sale in MELBOURNE 3004
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0Properties for rent in MELBOURNE 3004
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 19/12/2024
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