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 there has been 2,162 new listings in the last 30 days, with an average asking price of $973,270. The most active agency is Ray White with 1157 new listings, demonstrating a 53.5% of market share within Melbourne. The most expensive suburb to purchase is currently Berwick with an average asking price of $1,186,125, followed by Pakenham ($807,830) and Clyde North ($763,957). The property type mix is dominantly Houses at 68.0% followed by Apartments (12.2%), and Townhouses (8.4%).
Market Trend
Property Mix
Market Snapshot
- Lowest Asking Price $175,000
- Highest Asking Price $14,000,000
- Most Active Agency Ray White 1157 new listings
Most Active Suburbs Last 30 Days
| Suburb | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Werribee (3030) | 57 | $675,191 | $365,000 | $1,399,000 |
| Pakenham (3810) | 53 | $807,830 | $380,000 | $2,950,000 |
| Tarneit (3029) | 53 | $713,017 | $380,000 | $1,280,000 |
| Clyde North (3978) | 49 | $763,957 | $400,000 | $1,500,000 |
| Berwick (3806) | 48 | $1,186,125 | $590,000 | $4,000,000 |
| Officer (3809) | 43 | $759,695 | $430,000 | $1,600,000 |
| Truganina (3029) | 42 | $749,498 | $480,000 | $1,550,000 |
| Dandenong (3175) | 37 | $668,167 | $400,000 | $1,292,000 |
| Wyndham Vale (3024) | 34 | $604,500 | $450,000 | $870,000 |
| Wollert (3750) | 34 | $655,750 | $400,000 | $1,200,000 |
Latest Listings in Melbourne Last 30 Days
90 Fordham Avenue, Camberwell VIC 3124
For Auction May 02 11:00 AM
Camberwell, 3124
Luxury Unleashed: Explore a New Dimension of High-End Living!
$820,000-$850,000
Clyde North, 3978
Spacious North-Facing Entertainer in a Premium Neighbourhood
Auction $,1700,000- $1,800,000
Burwood, 3125
23 Clifton Street, Bentleigh East
$1,090,000 - $1,180,000
Bentleigh East, 3165
Top Performing Agencies Last 30 Days
| Agency | New Listings | Avg Price | Lowest | Highest |
|---|---|---|---|---|
| Ray White | 1158 | $285,886,879 | $110,000 | $330,000,360,000 |
| Belle Property | 275 | $1,211,278 | $390,000 | $10,800,000 |
| First National | 189 | $1,076,254 | $400,000 | $4,000,000 |
| Harcourts | 188 | $918,447 | $400,000 | $3,200,000 |
| LJ Hooker | 100 | $904,220 | $400,000 | $2,950,000 |
| Coronis Realty | 90 | $777,813 | $380,000 | $2,300,000 |
| Raine & Horne | 60 | $1,101,250 | $290,000 | $14,000,000 |
| The Agency | 25 | $1,601,160 | $450,000 | $5,000,000 |
| Remax | 25 | $771,480 | $450,000 | $1,290,000 |
| Elders Real Estate | 15 | $1,170,200 | $550,000 | $3,500,000 |
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.