Scooter LR v2
Postcode 3205
Population 11,548
Suburb Profiles

What’s to love in South Melbourne

Median House Price

$1,700,000

Median Unit price

$620,000

Av days on market

46.5 days

AV Rental per week

$782.5

South Melbourne Demographics

Median age

20-39

Population

11,548

Median rent

$890

Household income

$2,000 - $2,499

Dwelling structure
Flat or Apartment
58.61%
Semi-detached or Terrace
35.47%
House
4.67%
Other
1.24%
Home ownership
Rented
54.82%
Owner Mortgage
23.34%
Owned Outright
18.93%
Other
2.90%
Method of travel to work
Car
22.47%
Walk
8.69%
Train
0.59%
Bus
0.17%
Industry of employment
Professionals
40.48%
Managers
21.40%
Clerical and Administrative Workers
11.86%
Community and Personal Service Workers
7.63%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in South Melbourne

Median sale price for houses in South Melbourne is $1,700,000, up 8.6% from last year.

Median sale price for units in South Melbourne is $620,000, up 2.1% from last year.

Properties sold in South Melbourne

Properties sold for houses in South Melbourne is 125, up 4.2% from last year.

Properties sold for units in South Melbourne is 284, up 1.8% from last year.

Auction clearance in South Melbourne

Auction clearance for houses in South Melbourne is 74.8%, up 26.8% from last year.

Auction clearance for units in South Melbourne is 55.6%, up 48.1% from last year.

Av days on market in South Melbourne

Av days on market for houses in South Melbourne is 60, up 39.5% from last year.

Av days on market for units in South Melbourne is 33, down 23.3% from last year.

Sales data supplied by Domain

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