MELBOURNE
With a housing landscape characterized by unclassified valuations, Melbourne presents a unique case study in local market dynamics. The suburb currently holds a median house price of N/A.
Lifestyle Profile
As an evolving marketplace, Melbourne offers a dynamic streetscape. It is industrious and functional, often characterized by post-war architecture that is currently undergoing a wave of renovation.
This is a pragmatic, hardworking community. The residents are a diverse blend of long-term locals and ambitious new entrants, creating an unpretentious and welcoming environment.
Amenity-wise, the suburb is often a 'convenience hub.' Positioned near major transport corridors or train lines, it prioritizes accessibility to employment centers over luxury retail.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. Relative to the broader metropolitan area, this ratio suggests Melbourne remains one of the more accessible markets for average income earners, maintaining its appeal for those entering the property ladder.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. Melbourne benefits from access to high-performing educational assets. Institutions like South Yarra Primary School (ICSEA Percentile 97) act as significant drawcards. Historical data shows that catchments for top-tier schools often experience tighter stock retention rates as families hold properties for the duration of schooling.
Market Outlook
Historical capital growth data for Melbourne is currently under review, but local demand remains a key indicator to watch.
Quick FAQ about Melbourne:
- Is Melbourne expensive? With a median price of N/A, it is considered a unclassified market, often attracting buyers seeking distinct living standards.
- What are the schools like? The catchment for South Yarra Primary School is a major driver of local demand.
Primary Schools
South Yarra Primary School
South Melbourne Primary School
LocalSt Kilda Park Primary School
Richmond Primary School
North Melbourne Primary School
LocalCarlton Gardens Primary School
Docklands Primary School
South Melbourne Park Primary School
LocalRichmond West Primary School
Windsor Primary School
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.