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.