East Melbourne, VIC 3002

Property data updated 4,896 residents
Last 12 months snapshot
161 sales · 327 leases · Refreshed July 2026

East Melbourne property market

East Melbourne is led by unit rentals, with 286 leases (up 3.2%) at $620 a week (up 4.2%) as of July 2026, renting out in about 17 days (down from 23 days last year), more sought-after than most unit rental markets in Victoria, with just under half being 2-bedroom.

Unit sales are the only other notable market, with 130 sales (down 8.5%) at around $630k (down 15.2%), taking about 36 days to sell (up from 29 days last year), among the country's biggest unit price drops, around half are 2-bedroom. Rounding it out, 41 house rentals at $1,268 a week (among the country's strongest house rent gains). 31 house sales at around $2.95M.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

East Melbourne demographics & population

Population
4,896
Median age
42yrs
Avg household
1.8people
Male · Female
48% · 52%
Owner-occupied
Renting
Lone person
Couples, no kids
Born overseas
Year 12+

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

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Property market