What is the current median house price in East Melbourne, VIC?
The median house price in East Melbourne, VIC 3002 is $1,696,000 as of 2026. The median unit/apartment price is $850,000.
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Core Market Intelligence — May 2026
The median house price in East Melbourne, VIC 3002 is $1,696,000 as of 2026. The median unit/apartment price is $850,000.
East Melbourne presents a mixed investment picture that requires careful analysis. Key indicators include limited current data. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in East Melbourne, VIC 3002 is approximately 2.6%, with a median weekly rent of $480. This yield reflects a growth-oriented market where capital gains may offset lower income returns.
East Melbourne, VIC 3002 has a population of 4,896 with a median age of 42. The median household income is $6,639.