Market snapshot
Suburb insights for Spotswood3015
Change suburbSpotswood is located 7 km west of the CBD. Spotswood is an industrial suburb located in melbourne's inner west. The suburb has significant petroleum and chemical manufacturing plants located adjacent to the Yarra River which also forms its eastern boundary. Spotswood's residential areas are located in the western part of the suburb. Spotswood also features the Westgate Golf Course Spotswood Oval and McIvor Reserve.
Sales data
Median sale price
$1.3mil
Quarterly price change
-5.9%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Spotswood | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $1,140,000 | $815,000 |
| 4 | $1,320,000 | $950,000 |
| Insight | Spotswood | Metro comparison |
|---|---|---|
| Clearance rate | 79.5% | |
| Days on market | 39 |
Rental data
Median weekly rent
$680
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Spotswood | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $660 | $550 |
| 4 | $828 | $600 |
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