Melbourne Property Market Insights
A real-time market analysis for the Melbourne property market, based on properties currently for sale. These insights, graphs and analytics are based on live property listings rather than historical sold prices, which offers buyers a real-time "pulse" of the market, showing what is happening right now in terms of supply, asking prices, and agent activity.
In Melbourne we have observed 6,072 new listings in the last 30 days, with an average asking price of $1,232,025. The most active agency monitored is Ray White with 1009 new listings, demonstrating a 16.6% of market share within Melbourne. The most expensive suburb to purchase from our observations is Northcote with an average asking price of $1,354,375, followed by Preston ($1,031,537) and Brunswick ($967,844). The property type mix is dominantly Houses at 50.2% followed by Apartments (27.4%), and Townhouses (11.0%).
Market Trend
Property Mix
Market Snapshot
- Lowest Asking Price $155,000
- Highest Asking Price $22,000,000
- Most Active Agency Ray White 1009 new listings
Most Active Suburbs Last 30 Days
| Suburb | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Melbourne (3000) | 182 | $762,080 | $90,000 | $10,000,000 |
| Docklands (3008) | 156 | $739,225 | $130,000 | $6,800,000 |
| Reservoir (3073) | 89 | $860,024 | $385,000 | $2,250,000 |
| Preston (3072) | 85 | $1,031,537 | $250,000 | $10,000,000 |
| Brunswick (3056) | 75 | $967,844 | $310,000 | $5,800,000 |
| Northcote (3070) | 74 | $1,354,375 | $250,000 | $3,500,000 |
| St Kilda (3182) | 73 | $739,768 | $200,000 | $6,000,000 |
| Southbank (3006) | 70 | $809,594 | $250,000 | $3,640,000 |
| Wollert (3750) | 69 | $746,203 | $298,000 | $3,600,000 |
| Tarneit (3029) | 66 | $675,761 | $380,000 | $1,250,000 |
Latest Listings in Melbourne Last 30 Days
8 Eugene Street, Tarneit
$1,150,000 - $1,250,000
Tarneit, 3029
Seize this affordable and low-maintenance city pad!
$280,000 - $308,000
Melbourne, 3000
43/21 Kingfisher Drive, Doveton VIC 3177
$530,000 - $580,000
Doveton, 3177
RARE OPPORTUNITY WITH GOLF COURSE ACCESS
$879,000 - $939,000
Darley, 3340
Top Performing Agencies Last 30 Days
| Agency | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Ray White | 1009 | $878,942 | $99,000 | $22,000,000 |
| Nelson Alexander | 746 | $1,188,866 | $199,000 | $7,750,000 |
| RT Edgar | 653 | $2,540,816 | $200,000 | $25,000,000 |
| Jellis Craig | 493 | $1,668,425 | $400,000 | $15,000,000 |
| Harcourts | 401 | $768,618 | $60,500 | $5,000,000 |
| OBrien Real Estate | 324 | $1,068,310 | $130,000 | $13,000,000 |
| Buxton Real Estate Group | 285 | $1,232,695 | $339,000 | $6,000,000 |
| Belle Property | 205 | $1,060,131 | $400,000 | $3,945,000 |
| McGrath Estate Agents | 184 | $1,003,136 | $400,000 | $7,100,000 |
| Woodards Real Estate | 172 | $1,103,262 | $350,000 | $8,900,000 |
About this Data
The insights above represent a snapshot of the Melbourne property market as of today. Data is aggregated from current listings over the last 30 days from the top ten agencies across Australia. This real-time approach helps buyers and sellers understand the current competitive landscape, rather than relying solely on historical sales data.