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 |
|---|---|---|---|---|---|---|---|
| 8 Finsbury St, Flemington | 3 |  | House | Auction Sale | 24/10/2025 | Nelson Alexander | View |
| 19/48 Farnham St, Flemington | 1 |  | Apartment | Private Sale | 8/10/2025 | Nelson Alexander | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
6.4%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $978,750 | $910,000 |
| 3 | $1,200,000 | $830,000 |
| 4 | - | $951,500 |
| Insight | Flemington | Metro comparison |
|---|---|---|
| Clearance rate | 64.7% | 81.4% |
| Days on market | 35.5 | 36 |
Rental data
Median weekly rent
$650
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $615 | $580 |
| 3 | $725 | $550 |
| 4 | - | $600 |
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