Melbourne Property Market Insights
A real-time market analytics 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 there has been 1,760 new listings in the last 30 days, with an average asking price of $955,062. The most active agency is Ray White with 1234 new listings, demonstrating a 70.1% of market share within Melbourne. The most expensive suburb to purchase is currently Truganina with an average asking price of $1,525,714, followed by Berwick ($954,583) and Mernda ($888,917). The property type mix is dominantly Houses at 71.0% followed by Apartments (8.6%), and Townhouses (8.0%).
Market Trend
Property Mix
Market Snapshot
- Lowest Asking Price $200,000
- Highest Asking Price $15,000,000
- Most Active Agency Ray White 1234 new listings
Most Active Suburbs Last 30 Days
| Suburb | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Tarneit (3029) | 50 | $718,480 | $320,000 | $1,650,000 |
| Pakenham (3810) | 47 | $692,170 | $420,000 | $1,450,000 |
| Reservoir (3073) | 37 | $769,189 | $330,000 | $2,000,000 |
| Truganina (3029) | 35 | $1,525,714 | $380,000 | $15,000,000 |
| Southbank (3006) | 26 | $515,154 | $300,000 | $1,100,000 |
| Craigieburn (3064) | 26 | $695,500 | $429,000 | $1,399,000 |
| SUNBURY (3429) | 26 | $823,462 | $385,000 | $1,700,000 |
| Berwick (3806) | 24 | $954,583 | $595,000 | $2,000,000 |
| Mernda (3754) | 24 | $888,917 | $440,000 | $3,500,000 |
| Clyde North (3978) | 24 | $817,208 | $400,000 | $1,650,000 |
Latest Listings in Melbourne Last 30 Days
62 Featherby Way, Altona Meadows
$860,000
Altona Meadows, 3028
45 Balaclava Avenue, Altona Meadows
$780,000
Altona Meadows, 3028
Modern Family Comfort Meets Sophistication in Allura Estate, Truganina
$700,000
Truganina, 3029
Modern 3BR Home Near Schools & Station
$575,000
Tarneit, 3029
Top Performing Agencies Last 30 Days
| Agency | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Ray White | 1235 | $474,626,978 | $200,000 | $585,000,640,000 |
| Harcourts | 249 | $1,016,627 | $410,000 | $25,000,000 |
| LJ Hooker | 93 | $853,591 | $429,000 | $2,000,000 |
| First National | 83 | $1,043,602 | $400,000 | $6,500,000 |
| Raine & Horne | 50 | $1,454,260 | $350,000 | $15,000,000 |
| Belle Property | 34 | $920,882 | $420,000 | $3,750,000 |
| The Agency | 6 | $1,403,333 | $780,000 | $2,370,000 |
| PRD Nationwide | 2 | $710,000 | $670,000 | $750,000 |
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.