Victorian Insights

An overview of the Victorian real estate market. Data insights provided by the REIV are based on information sourced directly from real estate professionals operating in the market. The most credible and reliable insight into Victorian real estate.

Market Insights – Metropolitan Melbourne

Updated quarterly, these are property market indicators for the Melbourne Metropolitan region, covering 31 municipalities.

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Median data for December 2019 Quarter. Click here for details.

Metropolitan Melbourne

$909k

Median Sale Price

-2.2%

Quarterly Price Change

$550

Median Rent

3.1%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 72.5%
Days on Market 40
Median price by Bedrooms Metro
2 Bedrooms $920,000
3 Bedrooms $815,000
4 Bedrooms $970,000

Rental Data

Median rent by Bedrooms Metro
2 Bedrooms $540
3 Bedrooms $500
4 Bedrooms $560

Median data for December 2019 Quarter. Click here for details.

Metropolitan Melbourne

$633k

Median Sale Price

-0.1%

Quarterly Price Change

$500

Median Rent

4.1%

Rental Yield

Sales Data

Insight (Houses & Units) Metro
Clearance Rate 72.5%
Days on Market 40
Median price by Bedrooms Metro
1 Bedroom $370,000
2 Bedrooms $600,000
3 Bedrooms $850,000

Rental Data

Median rent by Bedrooms Metro
1 Bedroom $420
2 Bedrooms $520
3 Bedrooms $600

Market Insights – Regional Victoria

A consolidated overview of property market trends in regional Victoria, excluding the Melbourne metropolitan region.

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Median data for December 2019 Quarter. Click here for details.

Regional Victoria

$616k

Median Sale Price

1.7%

Quarterly Price Change

$450

Median Rent

3.9%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 49.5%
Days on Market 58
Median price by Bedrooms Regional
2 Bedrooms $425,000
3 Bedrooms $535,000
4 Bedrooms $715,000

Rental Data

Median rent by Bedrooms Regional
2 Bedrooms $360
3 Bedrooms $430
4 Bedrooms $500

Median data for December 2019 Quarter. Click here for details.

Regional Victoria

$416k

Median Sale Price

-0.2%

Quarterly Price Change

$370

Median Rent

4.6%

Rental Yield

Sales Data

Insight (Houses & Units) Regional
Clearance Rate 49.5%
Days on Market 58
Median price by Bedrooms Regional
1 Bedroom $265,000
2 Bedrooms $385,000
3 Bedrooms $520,000

Rental Data

Median rent by Bedrooms Regional
1 Bedroom $280
2 Bedrooms $355
3 Bedrooms $440

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