Market snapshot
Suburb insights for Monbulk3793
Change suburbMonbulk is located 42 km east of Melbourne. The town of Monbulk has remained a popular place for visitors travelling through the Growers and Farmgates sub region of the Dandenong Ranges. It is a great spot for lunch or a snack if walking through the Dandenong Ranges National Park or cycling through the hills. The Monbulk township acts a commercial focus for the highly productive surrounding agricultural areas. The area features Monbulk Aquatic Centre and the Macclesfield Scout Park.
Sales data
Median sale price
$889k
Annual price change
-4.9%
Metro Melbourne Comparison
$924k
-0.6%
| Bedrooms | Monbulk | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $790,000 | $815,000 |
| 4 | - | $950,000 |
| Insight | Monbulk | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 23 | 39 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Monbulk | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | - | $550 |
| 4 | - | $600 |
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