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 7,818 new listings in the last 30 days, with an average asking price of $978,816. The most active agency monitored is Ray White with 1019 new listings, demonstrating a 13.0% of market share within Melbourne. The most expensive suburb to purchase from our observations is Berwick with an average asking price of $1,034,067, followed by Southbank ($837,088) and Officer ($815,727). The property type mix is dominantly Houses at 60.1% followed by Apartments (17.7%), and Townhouses (10.5%).
Market Trend
Property Mix
Market Snapshot
- Lowest Asking Price $155,000
- Highest Asking Price $15,000,000
- Most Active Agency Ray White 1019 new listings
Most Active Suburbs Last 30 Days
| Suburb | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Tarneit (3029) | 228 | $642,639 | $200,000 | $1,395,000 |
| Clyde North (3978) | 217 | $804,916 | $325,000 | $5,000,000 |
| Melbourne (3000) | 161 | $549,119 | $178,000 | $2,250,000 |
| Pakenham (3810) | 156 | $725,621 | $315,000 | $3,500,000 |
| Southbank (3006) | 118 | $837,088 | $230,000 | $7,300,000 |
| Truganina (3029) | 117 | $792,104 | $285,000 | $5,000,000 |
| Sunbury (3429) | 116 | $809,489 | $340,000 | $2,750,000 |
| Berwick (3806) | 115 | $1,034,067 | $521,000 | $5,000,000 |
| Wollert (3750) | 109 | $733,142 | $350,000 | $1,750,000 |
| Officer (3809) | 97 | $815,727 | $410,000 | $1,850,000 |
Latest Listings in Melbourne Last 30 Days
Charming Character, Exceptional Outdoor Space & Lifestyle Versatility
$700,000 - $770,000
Glenroy, 3046
Modern Low-Maintenance Townhouse in a Convenient Clyde North Location
$540,000 - $570,000
Clyde North, 3978
37 Westdahl Street, Truganina VIC 3029
$410,000 - $430,000
Truganina, 3029
7 Snowden Street LAVERTON VIC 3028
Sold
Laverton, 3028
Top Performing Agencies Last 30 Days
| Agency | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Ray White | 1019 | $873,474 | $136,500 | $13,000,000 |
| Area Specialist | 715 | $850,905 | $59,700 | $10,000,000 |
| Jellis Craig | 704 | $1,413,499 | $400,000 | $15,000,000 |
| Harcourts | 312 | $801,301 | $200,000 | $6,900,000 |
| Nelson Alexander | 255 | $942,839 | $294,000 | $3,400,000 |
| Buxton Real Estate Group | 236 | $1,180,581 | $335,000 | $6,000,000 |
| Barry Plant | 196 | $900,423 | $120,000 | $2,800,000 |
| McGrath Estate Agents | 180 | $877,297 | $320,000 | $2,850,000 |
| ACE Real Estate | 161 | $796,894 | $200,000 | $2,500,000 |
| Woodards Real Estate | 153 | $1,093,549 | $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.