VIC3002· Pop. 4,896Melbourne

EAST MELBOURNE

MaturePremium-priced suburb — lower upside but defensive and liquid

Investor score

55

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$1,885,000

VIC Gov · 2025

Rent yield

2.3%

computed from govt data

Annual growth

-25.1%

annualised from govt data

Vacancy rate

2.4%

modelled estimate

AI insights for EAST MELBOURNE

Investment analysis, risks & comparisons

PREMIUM

EAST MELBOURNE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$835/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+3.6%

annual shift

Yield × growth index

-11.4

combined signal

Net yield (est.)

2.17%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-8.0%

est. compound, long-run avg

10-yr growth (CAGR)

+6.0%

est. compound, long-run avg

Rental demand

49 / 100

Moderate demand

Supply pipeline

Real

0.4%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$2863k
2021
$3300k
2022
$3128k
2023
$3363k
2025
$1885k

Source: VIC Gov · 2025 · all sources

Market overview

EAST MELBOURNE is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.3% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,345/wk

$75k taxable p.a.

Renters

52.8%

44.8% owner-occupier

Median age

42.0 yrs

Unemployment

2.2%

Population growth

+1.8% p.a.

Investor-owned

17.0%

of all dwellings (ATO)

Houses

37%

59% apartments

Degree qualified

54.2%

bachelor's or higher (ABS)

Work from home

21.5%

of employed residents (ABS Census)

Median lot size

220 m²

Compact block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

11.4%

Active STR market

Market activity

Distance to CBD

1.7 km

Inner city

Days on market

32 days

Normal turnover

Auction clearance

65.0%

Strong demand

Walkability

89 / 100

Walker's paradise

Coastal proximity

6.6 km

Near coast

NBN technology

FTTN

Standard — fibre to node

Population density

12,252/km²

Very dense urban

Liveability & safety

Safety index

High crime
59/ 100

7.8 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1022ICSEA · national avg 1000

2 schools in postcode area

Source: ACARA My School 2025

Transit access

Excellent
100/ 100
🚆 2 train🚃 5 tram🚌 22 bus

Source: State GTFS feeds

Gentrification signal

46

/ 100

Moderate momentum

Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

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Location

Properties in EAST MELBOURNE

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