Market snapshot
Suburb insights for Flemington3031
Change suburbFlemington, approximately 4 km northwest of Melbourne’s CBD, is a diverse and energetic suburb best known for the iconic Flemington Racecourse. With historic terraces, modern apartments, and a multicultural food scene, it appeals to young professionals and city workers. Excellent tram and train links make it a commuter favourite.
Recent sales and auction results in Flemington
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 93 Canterbury St, Flemington | 2 |  | House | Passed in Vendor Bid | 1/05/2026 | Nelson Alexander | View |
| 7/121 Wellington St, Flemington | 2 | | Apartment | Private Sale | 22/04/2026 | Jellis Craig | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
10.5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $991,000 | $950,000 |
| 3 | $1,214,000 | $863,000 |
| 4 | - | $980,500 |
| Insight | Flemington | Metro comparison |
|---|---|---|
| Clearance rate | 72.7% | 74.9% |
| Days on market | 32.5 | 37 |
Rental data
Median weekly rent
$650
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $620 | $595 |
| 3 | $760 | $550 |
| 4 | - | $595 |
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