Market snapshot

Suburb insights for Spotswood3015

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Spotswood, approximately 7 km southwest of Melbourne's CBD, is a gentrifying suburb with a strong industrial heritage and an emerging cultural edge. Home to Scienceworks Museum and The Substation, Spotswood is becoming known for its artistic community and trendy cafés. The suburb has excellent rail access and is situated on the banks of the Yarra River, bordered by the West Gate Bridge. Industrial conversions and new developments are reshaping the area, making it increasingly popular with professionals, creatives, and young families.

Sales data

Median sale price
$1.2mil
Quarterly price change
0.6%
Metro Melbourne Comparison
$974k
1.8%
BedroomsSpotswoodMetro comparison
2-$940,000
3$1,155,000$851,000
4$1,325,000$970,000
InsightSpotswoodMetro comparison
Clearance rate41.7%77.8%
Days on market36

Rental data

Median weekly rent
$695
Rental yield
3%
Metro Melbourne Comparison
$580
3.2%
BedroomsSpotswoodMetro comparison
2-$585
3$680$550
4-$600
Median data for the current quarter

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