East Melbourne at a glance
Median house
$2,400,000
Median unit
$610,000
Walk score
100
Walker's paradise
Population
4,896
Median age 42
The brief
What to know about East Melbourne.
The postcode for East Melbourne is 3002 (VIC), part of Greater Melbourne.
The median house price in East Melbourne is $2,400,000.
East Melbourne (3002) sits in the Melbourne region of Victoria. The median house here is $2,400,000, well above the Victoria median of around $850K.
East Melbourne has roughly 4,896 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
Compare East Melbourne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
East Melbourne scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 5 government primary, 3 government secondary, 4 Catholic, 5 independent.
Who lives here
Demographics.
The 2021 Census put East Melbourne's population at 4,896, with a median age of 42. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (45% own, 53% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (43%), often a marker of unit-heavy stock and walkable infrastructure.
Population
4,896
Median age
42
Family households
50%
Lone person
43%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $2,400,000 on a typical sale, well above the Victoria median. Units come in around $610,000, roughly 75% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $480,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$2,400,000
+0.0% over the past year. Median unit price $610,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$650/wk
Weekly rent (unit)
$480/wk
Owner occupied
45%
Renter occupied
53%
At a deeper level
$2,400,000
$610,000
4,896
Median age: 42
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 1.41% (median rent $650/wk against a $2,400,000 price tag). Units yield 4.09% gross, often the better cash-flow play for first-time investors. With 53% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.41%
Based on $2,400,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.09%
Based on $610,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202645%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
1,067
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
100
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in East Melbourne.
Local schools for East Melbourne
View the catchment for each school to find out more.
Government School Catchment
Collingwood English Language School
Richmond West Primary School
Collingwood College
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About East Melbourne.
- What is the median house price in East Melbourne?
- The median house price in East Melbourne, VIC 3002 is $2,400,000. The median unit price is $610,000.
- What is the East Melbourne postcode?
- East Melbourne is in the 3002 postcode, in VIC, in the City of Melbourne region.
- Where is East Melbourne?
- East Melbourne is a suburb of Melbourne, in VIC 3002. It is part of the Greater Melbourne area, in the City of Melbourne region.
- What is the average rent in East Melbourne?
- The median weekly rent for houses is $650, for units it's $480.
- What schools are in East Melbourne?
- There are 20 schools serving East Melbourne on this page, including Collingwood English Language School, Ozford College, Richmond West Primary School.
- How walkable is East Melbourne?
- East Melbourne has a Walk Score of 100 out of 100, very walkable. transit score 100, bike score 100.
- What suburbs are near East Melbourne?
- East Melbourne is close to Richmond North, North Pole, Melbourne, Melbourne, Richmond South.
- What is the population of East Melbourne?
- The population of East Melbourne is approximately 4,896 (2021 Census). The median age is 42.
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East Melbourne
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Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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