Market snapshot
Suburb insights for East Melbourne3002
Change suburbEast 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 55 Gipps St, East Melbourne | 3 |  | House | Passed in Vendor Bid | 24/10/2025 | Marshall White | View |
| 158 Hotham St, East Melbourne | 3 |  | House | Passed in Vendor Bid | 24/10/2025 | Jellis Craig | View |
| 510 Victoria Pde, East Melbourne | 3 |  | House | Passed in at Auction | 24/10/2025 | Ray White CRE | View |
| 5/53 Powlett St, East Melbourne | 1 | | Unit | Passed in at Auction | 24/10/2025 | Dingle Partners | View |
| P03P/191 Powlett St, East Melbourne | 1 | | Apartment | Sold Before Auction | 14/10/2025 | Jellis Craig | View |
| 217/133 Jolimont Rd, East Melbourne | 1 | | Apartment | Private Sale | 5/10/2025 | Jellis Craig |
Sales data
Median sale price
$3.1mil
Annual price change
-18.7%
Metro Melbourne Comparison
$955k
0.8%
| Bedrooms | East Melbourne | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | - | $830,000 |
| 4 | - | $951,500 |
| Insight | East Melbourne | Metro comparison |
|---|---|---|
| Clearance rate | 56.3% | 81.4% |
| Days on market | 54.5 | 36 |
Rental data
Median weekly rent
$1,100
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | East Melbourne | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $1,100 | $550 |
| 4 | - | $600 |
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