Market snapshot

Suburb insights for East Melbourne3002

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East Melbourne, immediately east of the CBD, is a prestigious suburb featuring grand Victorian and Georgian terraces, tree-lined avenues, and embassies. Landmarks include Fitzroy Gardens, Parliament House, the MCG, and Yarra Park, making it both residentially elegant and sportingly significant. With a central location, top-tier schools, and leafy streets, it draws diplomats, executives, and families seeking convenience and distinction.

Recent sales and auction results in East Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
14A/190 Albert St, East Melbourne2PriceApartmentPassed in at Auction15/08/2025Woodards
142 Simpson St, East Melbourne2PriceHouseAuction Sale15/08/2025Jellis CraigView
401/9 Eades St, East Melbourne1PriceApartmentSold Before Auction14/08/2025Belle Property Carlton & MelbourneView

Sales data

Median sale price
$3.9mil
Annual price change
-11%
Metro Melbourne Comparison
$924k
-0.6%
BedroomsEast MelbourneMetro comparison
2-$890,000
3-$815,000
4$4,512,500$950,000
InsightEast MelbourneMetro comparison
Clearance rate45.5%79.5%
Days on market44.539

Rental data

Median weekly rent
$1,300
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
BedroomsEast MelbourneMetro comparison
2-$580
3$1,300$550
4-$600
Median data for the current quarter
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