Melbourne's residential sales activity from 1974 to 2011

Jonathan ChancellorDecember 8, 2020

This table shows the number of residential sales in Melbourne on an annual basis since 1974.

It also shows the proportion of those sold at auction using the Valuer-General and Real Estate Institute of Victoria data.

The median price is also displayed along with its annual variation.

Year

Total metro sales* % Auction sales**Median house price** Change in median %
2011

71,868

24

$540,383

1.7

2010

86,339

28

$550,000

18.3

2009

100,027

20

$465,000

7.4

2008

84,880

21

$433,000

3.1

2007

109,857

24

$420,000

11.3

2006

87,217

20

$377,500

5.0

2005

87,185

17

$359,500

-2.3

2004

81,015

16

$368,000

2.2

2003

93,311

24

$360,000

7.5

2002

97,286

26

$335,000

11.7

2001

105,544

26

$300,000

19.8

2000

88,910

22

$250,500

NA

1999

88,920

27

NA

NA

1998

81,210

26

NA

NA

1997

86,702

23

NA

NA

1996

67,904

20

NA

NA

1995

62,517

18

NA

NA

1994

68,783

20

NA

NA

1993

63,085

19

NA

NA

1992

57,248

NA

NA

NA

1991

53,922

NA

NA

NA

1990

53,575

NA

NA

NA

1989

60,211

NA

NA

NA

1988

85,739

NA

NA

NA

1987

70,347

NA

NA

NA

1986

62,701

NA

NA

NA

1985

72,308

NA

NA

NA

1984

70,739

NA

NA

NA

1983

63,275

NA

NA

NA

1982

50,006

NA

NA

NA

1981

57,610

NA

NA

NA

1980

56,089

NA

NA

NA

1979

48,890

NA

NA

NA

1978

45,913

NA

NA

NA

1977

48,864

NA

NA

NA

1976

59,502

NA

NA

NA

1975

57,991

NA

NA

NA

1974

47,278

NA

NA

NA

 Source: Valuer-General and REIV data

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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