Median Melbourne dwelling price around $566,000: CoreLogic
Michael CrawfordDecember 7, 2020
The median dwelling price in Melbourne is $566,000, up from $475,000 five years ago, according the December 2016 Housing Affordability Report from CoreLogic.
The median dwelling value across Melbourne now costs 7.1 times the median annual household income, according to CoreLogic.
Property Observer went searching around the median price in Melbourne and found this one bedroom apartment at 168 Victoria Street, Melbourne on the market with prices starting from $542,000.
Michael Crawford
Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.