Melbourne Property Market 2025
Median prices and rental yields for Melbourne suburbs — VIC Valuer General government data.
Data sources: NSW Valuer General, VIC Valuer General, ABS 2021 Census. Updated monthly. Gov Data
| # | Suburb | State | Median Price | Weekly Rent | Gross Yield | |
|---|---|---|---|---|---|---|
| 1 | Toorak 3142 | VIC | $6,340,000 | $486/wk | 0.40% | View → |
| 2 | East Melbourne 3002 | VIC | $3,655,000 | $480/wk | 0.68% | View → |
| 3 | Brighton 3186 | VIC | $3,515,000 | $600/wk | 0.89% | View → |
| 4 | Canterbury 3126 | VIC | $3,460,000 | $515/wk | 0.77% | View → |
| 5 | St Kilda West 3182 | VIC | $3,300,000 | $385/wk | 0.61% | View → |
| 6 | Deepdene 3103 | VIC | $3,262,500 | $501/wk | 0.80% | View → |
| 7 | Malvern 3144 | VIC | $3,001,000 | $450/wk | 0.78% | View → |
| 8 | Balwyn 3103 | VIC | $2,985,000 | $451/wk | 0.79% | View → |
| 9 | Kew 3101 | VIC | $2,920,000 | $476/wk | 0.85% | View → |
| 10 | Hawthorn 3122 | VIC | $2,900,000 | $400/wk | 0.72% | View → |
| 11 | Middle Park 3206 | VIC | $2,864,000 | $602/wk | 1.09% | View → |
| 12 | Hawthorn East 3123 | VIC | $2,750,000 | $415/wk | 0.78% | View → |
| 13 | Armadale 3143 | VIC | $2,735,500 | $421/wk | 0.80% | View → |
| 14 | Caulfield North 3161 | VIC | $2,697,500 | $422/wk | 0.81% | View → |
| 15 | Camberwell 3124 | VIC | $2,650,000 | $486/wk | 0.95% | View → |
| 16 | Elwood 3184 | VIC | $2,605,000 | $415/wk | 0.83% | View → |
| 17 | Black Rock 3193 | VIC | $2,600,000 | $541/wk | 1.08% | View → |
| 18 | Eaglemont 3084 | VIC | $2,528,500 | $453/wk | 0.93% | View → |
| 19 | Glen Iris 3146 | VIC | $2,500,000 | $450/wk | 0.94% | View → |
| 20 | Parkville 3052 | VIC | $2,477,000 | $396/wk | 0.83% | View → |
| 21 | Albert Park 3206 | VIC | $2,475,000 | $590/wk | 1.24% | View → |
| 22 | Brighton East 3187 | VIC | $2,425,000 | $600/wk | 1.29% | View → |
| 23 | Hampton 3188 | VIC | $2,420,000 | $500/wk | 1.07% | View → |
| 24 | Sandringham 3191 | VIC | $2,420,000 | $460/wk | 0.99% | View → |
| 25 | Ivanhoe East 3079 | VIC | $2,406,500 | $451/wk | 0.97% | View → |
| 26 | Balwyn North 3104 | VIC | $2,405,000 | $554/wk | 1.20% | View → |
| 27 | South Yarra 3141 | VIC | $2,390,000 | $415/wk | 0.90% | View → |
| 28 | Surrey Hills 3127 | VIC | $2,390,000 | $462/wk | 1.01% | View → |
| 29 | Mont Albert 3127 | VIC | $2,384,000 | $451/wk | 0.98% | View → |
| 30 | Gardenvale 3185 | VIC | $2,300,000 | $301/wk | 0.68% | View → |
| 31 | Malvern East 3145 | VIC | $2,282,500 | $421/wk | 0.96% | View → |
| 32 | Alphington 3078 | VIC | $2,280,000 | $451/wk | 1.03% | View → |
| 33 | Elsternwick 3185 | VIC | $2,265,000 | $441/wk | 1.01% | View → |
| 34 | Kew East 3102 | VIC | $2,200,000 | $471/wk | 1.11% | View → |
| 35 | Beaumaris 3193 | VIC | $2,100,000 | $612/wk | 1.52% | View → |
| 36 | Caulfield 3162 | VIC | $2,079,000 | $475/wk | 1.19% | View → |
| 37 | Princes Hill 3054 | VIC | $2,035,000 | $462/wk | 1.18% | View → |
| 38 | Mckinnon 3204 | VIC | $2,010,000 | $516/wk | 1.33% | View → |
| 39 | Glen Huntly 3163 | VIC | $2,002,500 | $391/wk | 1.02% | View → |
| 40 | Ripponlea 3185 | VIC | $2,001,000 | $391/wk | 1.02% | View → |
| 41 | Ashburton 3147 | VIC | $2,000,000 | $455/wk | 1.18% | View → |
| 42 | Park Orchards 3114 | VIC | $1,965,000 | $601/wk | 1.59% | View → |
| 43 | Caulfield South 3162 | VIC | $1,950,000 | $496/wk | 1.32% | View → |
| 44 | Lysterfield South 3156 | VIC | $1,925,500 | $640/wk | 1.73% | View → |
| 45 | Ivanhoe 3079 | VIC | $1,922,500 | $430/wk | 1.16% | View → |
| 46 | Aberfeldie 3040 | VIC | $1,900,000 | $440/wk | 1.20% | View → |
| 47 | Ormond 3204 | VIC | $1,900,000 | $395/wk | 1.08% | View → |
| 48 | South Melbourne 3205 | VIC | $1,882,500 | $421/wk | 1.16% | View → |
| 49 | Essendon 3040 | VIC | $1,841,000 | $380/wk | 1.07% | View → |
| 50 | Prahran 3181 | VIC | $1,840,000 | $421/wk | 1.19% | View → |
📊 Methodology
Gross yield = (median weekly rent × 52) ÷ median sale price × 100.
Median prices: NSW Valuer General (57,000+ real transactions, 2025–26), VIC Valuer General (787 suburbs, 2013–2023), other states from ABS 2021 income-based estimates.
Median weekly rent: ABS 2021 Census. Data updated monthly.
Not financial advice. Always consult a qualified adviser before investing.
Gross yield = (median weekly rent × 52) ÷ median sale price × 100.
Median prices: NSW Valuer General (57,000+ real transactions, 2025–26), VIC Valuer General (787 suburbs, 2013–2023), other states from ABS 2021 income-based estimates.
Median weekly rent: ABS 2021 Census. Data updated monthly.
Not financial advice. Always consult a qualified adviser before investing.
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