Suburb Reports

South Melbourne

Suburb Reports - Your connection to property insights

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3205

Property prices

Median house price

Median Info * Updated monthly for the past 12 months

$1.55m

Monthly price change Price change Info * Updated monthly for the past 12 months

1.71%

Median unit price

Median Info * Updated monthly for the past 12 months

$603k

Monthly price change Price change Info * Updated monthly for the past 12 months

-2.03%

South Melbourne monthly median property prices

Houses Units

Compare my property

Choose your property type below to find out the median price and recent comparable sales in South Melbourne.

Property Type

House

Unit

Bedrooms

Median price Info * Updated monthly for the past 12 months

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Median price change Median price change Info * Updated monthly for the past 12 months

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Recent comparable sales Recent comparable sales

Address	Bedrooms	Type	Price	Sold

Surrounding suburbs

Compare how South Melbourne is performing compared to its closest neighbours.

Median sale price Info * Updated monthly for the past 12 months

Houses Units

Hampton $2,390,000

Hampton $2,390,000 4%

Sandringham $2,105,000

Sandringham $2,105,000 5%

Mckinnon $1,866,000

Mckinnon $1,866,000 0%

Ormond $1,800,000

Ormond $1,800,000 4%

Bentleigh $1,722,500

Bentleigh $1,722,500 1%

South Melbourne $1,546,000

South Melbourne $1,546,000 6%

Bentleigh East $1,500,888

Bentleigh East $1,500,888 3%

Highett $1,430,000

Highett $1,430,000 3%

Hampton East $1,410,000

Hampton East $1,410,000 4%

Moorabbin $1,300,000

Moorabbin $1,300,000 0%

Sales snapshot

Key insights to the property market within South Melbourne.

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past Saturday's auctions

61.54%

Median days on market Info * Updated monthly
for the past 12 months

House

25 days

Median days on market Info * Updated monthly
for the past 12 months

Unit

34 days

Jellis Craig average inspection attendance per listing Info * Jellis Craig's average inspection attendance per listing (houses) for the past 12 months

39 groups

Average hold period Info * Updated monthly for the past 12 months

House

15.8 years

Average hold period Info * Updated monthly for the past 12 months

Unit

10.5 years

Investor insight

Explore key demographics and investor insights including median asking rent and ownership statistics within South Melbourne.

Dwelling type Info * ABS 2021

Houses 7% Units 93%

Population Info * ABS 2021

11,548

Population growth Info * ABS 2021

5.75%

Median age Info * ABS 2021

39 years

Ownership Info * ABS 2021

Owned Outright 19% Mortgaged 24% Rented 56%

Median asking rent per week Info * Updated monthly for
the past 12 months

House

$850

Median asking rent per week Info * Updated monthly for
the past 12 months

Unit

$660

Rental yield Info * Updated monthly
for the past 12 months

House

3.22%

Rental yield Info * Updated monthly
for the past 12 months

Unit

5.86%

Median household size Info * ABS 2021

1.9 people

Sold properties

Interested in what other properties have sold within your suburb? Discover the last 12 months of sales in your area below.

Properties

Property Type

Bedrooms

Price range

Address	Bedrooms	Type	Price	Sold

Download Report

Download a PDF of the South Melbourne Suburb Report.

South Melbourne

Median house price

$1.55m

1.71%

Median unit price

$603k

-2.03%

South Melbourne monthly median property prices

Choose your property type below to find out the median price and recent comparable sales in South Melbourne.

--

--

Compare how South Melbourne is performing compared to its closest neighbours.

Key insights to the property market within South Melbourne.

61.54%

25 days

34 days

39 groups

15.8 years

10.5 years

Explore key demographics and investor insights including median asking rent and ownership statistics within South Melbourne.

11,548

5.75%

39 years

$850

$660

3.22%

5.86%

1.9 people

Interested in what other properties have sold within your suburb? Discover the last 12 months of sales in your area below.

Download Report

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South Melbourne

Median house price

$1.55m

1.71%

Median unit price

$603k

-2.03%

South Melbourne monthly median property prices

Choose your property type below to find out the median price and recent comparable sales in South Melbourne.

--

--

Compare how South Melbourne is performing compared to its closest neighbours.

Key insights to the property market within South Melbourne.

61.54%

25 days

34 days

39 groups

15.8 years

10.5 years

Explore key demographics and investor insights including median asking rent and ownership statistics within South Melbourne.

11,548

5.75%

39 years

$850

$660

3.22%

5.86%

1.9 people

Interested in what other properties have sold within your suburb? Discover the last 12 months of sales in your area below.

Download Report

Request an appraisal

Appraisal type*

Enter your address manually

< Back to address lookup

Sending form contents....

Your request for a property appraisal has been sent

An error occurred.

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