
3205 VIC
Pricing and long-term growth profile for South Melbourne houses.
Median Price
$1.700M
# Sales
81
12M Growth
10.0%
10Y Ave Growth
2.0%
Tight supply — Only 0.7% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 25 days — high buyer competition.
Low vacancy — 0.7% vacancy rate — strong rental demand and tenant retention.
Pricing and long-term growth profile for South Melbourne houses.
Median Price
$1.700M
# Sales
81
12M Growth
10.0%
10Y Ave Growth
2.0%
Yield, rental pricing and vacancy performance for South Melbourne houses.
Weekly Rent
$875
Rental Yield
3.1%
Vacancy Rate
0.7%
Rentals Last 12M
177
Stock levels, days on market and selling conditions for South Melbourne.
Stock on Market
0.7%
Days on Market
25
Building Approvals
0.3%
Infrastructure Spend
—
Household profile, income strength and owner occupier mix in South Melbourne.
Population
11,548
Owner Occupiers
42%
Median Income
$109k
IRSAD Rank
95
Recently sold properties in South Melbourne.
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