melbourne Property Market

Melbourne has the highest number of businesses and residents in a small area in the municipality. The CBD is Melbourne's business and financial centre, home to retail, financial, legal, administrative, recreational, tourist and entertainment facilities, serving residents, workers and visitors. The CBD's population is one of the fastest growing small areas in Australia. Federation Square is Melbourne's major public square, hosting arts and cultural events, broadcasting major sporting events on a giant screen and is home to the Melbourne Visitor Centre, the Ian Potter Centre and the Australian Centre for the Moving Image. The area also features the Royal Botanic Gardens, Kings Domain (which contains Government House), Queen Victoria Gardens and Alexandra Gardens. The area includes Olympic Park and Melbourne Park, facilities that host a variety of sporting and entertainment events such as the Australian Open Tennis Championships.

Local Council Postcode Population
Melbourne
3000
47285

Who lives there

Sales Data supplied by REIV
  • 3.7%
    Population under 15
  • 91.1%
    Population 15 to 65
  • 5.1%
    Population over 65

Recent Sales Results

Sales Data supplied by REIV
Address Bedrooms Price Property Type Sale Type
2601/220 Spencer St, melbourne 2 Apartment Sold After Auction
6/632 St Kilda Rd, melbourne 3 Apartment Auction Sale
13/1 Mackenzie St, melbourne 3 Penthouse (Res) Private Sale

Median Price in Numbers

  • Rent$456 PW