City of Melbourne
Melbourne
Melbourne at a glance
Median house
$440,000
Sales data pending
Median unit
$567,500
Sales data pending
Days on market
–
Average to sell
Walk score
100
Walker's paradise
Population
54.9k
Median age 29
About
Welcome to Melbourne.
Melbourne is a suburb in Victoria.
Side by side
Compare Melbourne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$440,000
+0.0% over the past year. Median unit price $567,500.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$451/wk
Weekly rent (unit)
$381/wk
Owner occupied
26%
Renter occupied
71%
At a deeper level
$440,000
Sales data pending
$567,500
Sales data pending
–
Average days to sell
54,941
Median age: 29
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For investors
Investment overview.
Gross Yield (House)
Source: Land Victoria / DTP · May 20265.33%
Based on $440,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20263.49%
Based on $567,500 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 202626%
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.
Who lives here
Demographics.
Population
54,941
Median age
29
Family households
38%
Lone person
47%
Demographics data as of May 2026· ABS 2021 Census
Safety
Crime and safety.
LGA-wide data, not suburb-specific
VIC Police only publishes crime statistics at the local government area / region level. The numbers below cover the entire Melbourne, which may include suburbs with very different crime profiles. Quieter residential pockets within the LGA likely have lower rates than the total suggests; busier areas may have higher.
2
total offences in 2025 across the Melbourne LGA
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Getting around
Walkability.
100
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Melbourne.
Local schools for Melbourne
View the catchment for each school to find out more.
Government School Catchment
MacRobertson Girls High School
South Yarra Primary School
Victorian College Of The Arts Secondary School
© 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 Melbourne.
- What is the median house price in Melbourne?
- The median house price in Melbourne, VIC 3004 is $440,000. The median unit price is $567,500. Annual growth is +0.0%.
- What is the Melbourne postcode?
- Melbourne is in the 3004 postcode, in VIC, in the City of Melbourne region.
- What is the average rent in Melbourne?
- The median weekly rent for houses is $451, for units it's $381.
- What schools are in Melbourne?
- There are 20 schools serving Melbourne on this page, including Melbourne Grammar School, Melbourne Girls Grammar, MacRobertson Girls High School.
- How walkable is Melbourne?
- Melbourne has a Walk Score of 100 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Melbourne?
- Melbourne is close to Domain Road Po, St Kilda Road Central, St Kilda Road Melbourne, Cremorne, South Yarra.
- What is the population of Melbourne?
- Melbourne has approximately 54,941 residents. The median age is 29.
Melbourne
Guides
Side by side
Compare Melbourne vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
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 →
Always dated
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