Australia

Melbourne

Cultural capital with art, coffee culture, and livability rankings.

Melbourne consistently ranks as one of the world's most livable cities. The market offers diverse property options from inner-city apartments to suburban homes.

Market Statistics

Average Price

$980,000

Median: $820,000

Price per Sq Ft

$6,800

6,240 active listings

Year-over-Year Growth

+4.8%

Avg Cap Rate: 3.50%

Climate

Average Temperature

15°C (59°F)

Annual Rainfall

648 mm annually

Sunshine Hours

2,200 hours/year

Ready to Find Your Property in Melbourne?

Start your search with AI-powered recommendations