Property Prices Dashboard - South Melbourne

Victoria • SA2 • June quarter 2025

South Melbourne

Property price history

Property prices are given as stratified medians.

Source: OpenStats

Property price summary

Type
Jun-25
Quarterly Change
Annual Change
5-Year Change
3 bedroom house$1,700,000-7.4%-8.1%0.6%
2 bedroom unit$647,5001.2%-2.9%0.2%

Property prices are given as stratified medians.

Source: OpenStats

Surrounding areas

Key points - Houses

In the June quarter 2025, the price of a three-bedroom house in South Melbourne:

  • decreased by 7.4% to $1,700,000
  • decreased by 8.1% compared with one year earlier
  • increased by an average of 0.6% per annum compared with five years earlier

Key points - Units

In the June quarter 2025, the price of a two-bedroom unit in South Melbourne:

  • increased by 1.2% to $647,500
  • decreased by 2.9% compared with one year earlier
  • increased by an average of 0.2% per annum compared with five years earlier