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 9,542 new listings in the last 30 days, with an average asking price of $1,182,265. 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 $3,225,728, followed by South Yarra ($1,378,967) and Melbourne ($1,110,603). The property type mix is dominantly Houses at 57.3% followed by Apartments (17.2%), and Townhouses (11.7%).
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 | $671,321 | $340,000 | $4,500,000 |
| South Yarra (3141) | 173 | $1,378,967 | $250,000 | $14,000,000 |
| Clyde North (3978) | 171 | $932,228 | $400,000 | $12,000,000 |
| Pakenham (3810) | 145 | $1,078,424 | $390,000 | $15,000,000 |
| Werribee (3030) | 140 | $671,297 | $200,000 | $1,590,000 |
| Brighton (3186) | 130 | $3,225,728 | $100,000 | $12,675,000 |
| Truganina (3029) | 128 | $839,937 | $300,000 | $15,000,000 |
| Wallan (3756) | 121 | $742,542 | $285,000 | $4,500,000 |
Latest Listings in Melbourne Last 30 Days
19 Aberdeen Road, Prahran
$1,200,000 - $1,300,000
Prahran, 3181
33 Johnson Drive,
$2,950,000 - $3,200,000
Glen Waverley, 3150
932 Toorak Road,
$2,588,888 - $2,838,888
Camberwell, 3124
229B South Road,
$1,980,000 - $2,178,00
Brighton East, 3187
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 | 963 | $1,371,300 | $400,000 | $12,000,000 |
| Nelson Alexander | 371 | $1,092,763 | $300,000 | $5,400,000 |
| Buxton Real Estate Group | 307 | $1,248,169 | $355,000 | $4,050,000 |
| Harcourts | 253 | $828,750 | $195,000 | $6,300,000 |
| Ancora Property Group | 209 | $718,788 | $299,000 | $1,289,000 |
| Belle Property | 205 | $1,058,329 | $399,000 | $13,400,000 |
| Find The Best Agent | 204 | $1,395,336 | $180,000 | $10,350,000 |
| Hearns Port Fairy Holiday Accommodation | 197 | $1,400,248 | $108,000 | $9,000,000 |
| Woodards Real Estate | 194 | $1,070,603 | $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.