Flemington, VIC 3031
City of Moonee ValleyAll suburbs in postcode 3031
Updated
Median house price
$1,165,500
Median · Land Victoria · the latest published quarter (updated May 2026)
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Get the free selling guide, personalised to Flemington, or ask for a free appraisal from a local agent.
Flemington at a glance
- Median unit
- $470,000
- Weekly rent
- $760
- Houses · units $560
- Population
- 7,025
- Median age 34
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Flemington
Houses change hands at $1,165,500 on a typical sale, above the Victoria median. Units come in around $470,000, roughly 60% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $233,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Flemington
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What to know about Flemington
Flemington (3031) sits in the Moonee Valley region of Victoria. The median house here is $1,165,500, above the Victoria median of around $850K.
Flemington has roughly 7,025 residents, with a young-family demographic. Households are renter-heavy. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Flemington scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 27°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 582 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 6 Catholic.
Schools in Flemington
Location
Walkability
- Walk
- 100/100
- Transit
- 30/100
- Bike
- 100/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Flemington's population at 7,025, with a median age of 34. That sits as a young-family demographic. Households are renter-heavy (37% own, 61% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (42%), often a marker of unit-heavy stock and walkable infrastructure.
- Family households
- 50%
- Lone person
- 42%
- Owner occupied
- 37%
- Renter occupied
- 61%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.39% (median rent $760/wk against a $1,165,500 price tag). Units yield 6.20% gross, often the better cash-flow play for first-time investors. With 61% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 3.39%
- On the $1,165,500 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 6.20%
- On the $470,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
1,172 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 582 mm
- Hottest month, avg max
- 26.9°C
- Coldest month, avg min
- 6.8°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Flemington
- What is the median house price in Flemington?
- The median house price in Flemington, VIC 3031 is $1,165,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $470,000.
- How much is my house worth in Flemington?
- A useful starting point is the Flemington median house price of $1,165,500 (units $470,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Flemington a good investment?
- On the published figures, the gross rental yield on houses in Flemington is 3.4%: the median weekly house rent is $760 (Victorian rental report, September 2025) against the median house price of $1,165,500 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Flemington: the Land Victoria figures we hold do not measure one. Whether Flemington is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Flemington postcode?
- Flemington is in the 3031 postcode, in VIC, in the City of Moonee Valley region.
- Where is Flemington?
- Flemington is a suburb in the City of Moonee Valley area, VIC 3031.
- What is the average rent in Flemington?
- The median weekly rent for houses is $760, for units it's $560.
- What schools are in Flemington?
- There are 20 schools serving Flemington on this page, including St Brendan's School, Mount Alexander 7-12 College, Kensington Community High School.
- How walkable is Flemington?
- Flemington has a Walk Score of 100 out of 100, very walkable. transit score 30, bike score 100.
- What suburbs are near Flemington?
- Flemington is close to Travancore, Kensington, Ascot Vale, Parkville, Moonee Ponds.
- What is the population of Flemington?
- The population of Flemington is approximately 7,025 (2021 Census). The median age is 34.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.