Median price for residential in as of May, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
14,076 Melbourne VIC, Australia apartments for sale
Housing Trends
How much does an apartment cost in Melbourne VIC, Australia
Average sale in Melbourne: $904,594 (-1.5%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| Studio for sale | $600,427 | +23.5% |
| 1 bed for sale | $379,733 | -8.2% |
| 2 bed for sale | $654,637 | +0.1% |
| 3 bed for sale | $897,741 | -1.2% |
| 4+ bed for sale | $1,237,423 | +2.1% |
During May 2022, the average price for an apartment in/near Melbourne VIC, Australia decreased by 1.5% to AU$904,594.
After collecting all data points, we now see that the average price for 1-bed apartment stands at AU$379,733 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you AU$654,637. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for AU$897,741. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around AU$1,237,423 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Townhouses for sale | $913,943 | +6.7% |
| Apartments for sale | $608,473 | -0.2% |
| Houses for sale | $1,068,010 | -1.4% |
While assessing the property pricing Melbourne VIC, Australia, you can note that it remains flat with a price tag of AU$608,473. According to statistics, average house is still AU$1,068,010 with no significant changes this month. Value of the townhouses didn’t change, the price still starts at AU$913,943.
View Housing Trends