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 9,522 new listings in the last 30 days, with an average asking price of $1,180,862. The most active agency monitored is Ray White with 1040 new listings, demonstrating a 10.9% of market share within Melbourne. The most expensive suburb to purchase from our observations is Brighton with an average asking price of $3,259,901, followed by South Yarra ($1,380,803) and Melbourne ($1,110,603). The property type mix is dominantly Houses at 57.2% followed by Apartments (17.1%), and Townhouses (11.8%).
Market Trend
Property Mix
Market Snapshot
- Lowest Asking Price $155,000
- Highest Asking Price $21,500,000
- Most Active Agency Ray White 1040 new listings
Most Active Suburbs Last 30 Days
| Suburb | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Donnybrook (3064) | 231 | $781,078 | $200,000 | $15,000,000 |
| Melbourne (3000) | 227 | $1,110,603 | $55,000 | $18,020,000 |
| Tarneit (3029) | 196 | $671,490 | $340,000 | $4,500,000 |
| Clyde North (3978) | 174 | $926,799 | $400,000 | $12,000,000 |
| South Yarra (3141) | 172 | $1,380,803 | $250,000 | $14,000,000 |
| Pakenham (3810) | 145 | $1,078,424 | $390,000 | $15,000,000 |
| Werribee (3030) | 140 | $671,297 | $200,000 | $1,590,000 |
| Brighton (3186) | 128 | $3,259,901 | $100,000 | $12,675,000 |
| Truganina (3029) | 128 | $839,937 | $300,000 | $15,000,000 |
| Reservoir (3073) | 122 | $821,632 | $385,000 | $2,100,000 |
Latest Listings in Melbourne Last 30 Days
Classic Family Home in a Convenient Springvale Location
P.O.A.
Springvale, 3171
Space, Style & Single-Level Ease in the Heart of Oakleigh
AUCTION | $1,300,000 - $1,400,000
Oakleigh, 3166
Contemporary Comfort, Complete Convenience. Parkside Position
$840,000 - $890,000
Greensborough, 3088
A Spacious Family Home with Room to Grow
$755,000 - $830,000
Hallam, 3803
Top Performing Agencies Last 30 Days
| Agency | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Ray White | 1053 | $887,136 | $170,000 | $6,500,000 |
| Jellis Craig | 943 | $1,375,308 | $400,000 | $12,000,000 |
| Nelson Alexander | 362 | $1,095,127 | $300,000 | $5,400,000 |
| Buxton Real Estate Group | 298 | $1,248,936 | $355,000 | $4,050,000 |
| Harcourts | 252 | $830,178 | $195,000 | $6,300,000 |
| Ancora Property Group | 209 | $718,788 | $299,000 | $1,289,000 |
| Find The Best Agent | 204 | $1,395,336 | $180,000 | $10,350,000 |
| Belle Property | 202 | $1,059,529 | $399,000 | $13,400,000 |
| Hearns Port Fairy Holiday Accommodation | 197 | $1,400,248 | $108,000 | $9,000,000 |
| Woodards Real Estate | 192 | $1,073,630 | $330,000 | $4,000,000 |
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.