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Home › AUS › Greater Melbourne › Port Phillip › Melbourne

Melbourne (Vic.)

Suburb (SAL)Investment Report

Greater Melbourne / Port Phillip

$639

Median rent / wk

Period ending Sep 2025

+3.8%

Rent growth / yr

Period ending Sep 2025

74,776

People

17 Jul 2026

+36.1%

Growth since 2021

Census

40

For sale now

indexed listings

Data sourcesABSACARADFFH Rental ReportRefreshed July 2026

ABS QuickStats SAL21640

How we calculate thisHow figures are calculatedFigures are extracted from the sources listed here at the observation date shown, and displayed unchanged. Rank bars use the profile's score out of 10 where one exists. Missing values are shown as unavailable — never estimated or back-filled.

Suburb (SAL) analysis

This analysis uses Suburb (SAL) boundaries, which can differ from Statistical Areas (SA2) even when they share the same name. SAL 21640.

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Suburb research

Melbourne, VIC

Melbourne, VIC · Melbourne profile

Melbourne (VIC) is a Districts suburb research profile assembled from recorded sales, listing extracts, and official demographic publications where those sources are loaded. The Victorian DFFH median weekly rent is $639/wk (Period ending Sep 2025). RTBA rental bond lodgements are not in this extract. Rents shown are report medians, not bond data.

Population
74,776

Source data · Districts · Checked 2026-07-17 · Methodology

How Districts uses data

74,776

People

est. as @ 17 Jul 2026

2021 Census | 54,941 people

6.59 km²

Land area

11,346.9 /km²

Density

3.6%

Unemployment

264 /yr

Resi approvals

The suburb of Melbourne, situated in the heart of Melbourne CBD, is a highly dense and active development area experiencing rapid growth. As of May 2026, the estimated resident population of the suburb of Melbourne is approximately 74,776. This population count is calculated using annual SA2-level estimated resident population figures combined with quarterly national address file updates, showing an increase of 19,835 residents, or 36.1%, since the 2021 Census when the population was recorded at 54,941. This significant demographic growth is one of the strongest profiles in the nation, driven in large part by young professionals and a high proportion of overseas-born residents. The local population is characterized by a strong representation of teenagers and young adults, who are highly culturally diverse and predominantly live in lone person or group households. Residents are exceptionally well educated, though local income levels tend to sit in the lower national quartile. Property market conditions in the suburb of Melbourne reflect these dynamics, with above-average proportions of renting households and population density and growth drivers that sit well above average benchmarks.

Estimated residents are up from 54,941 at the 2021 Census — a change of 19,835 people, or 36.1%.

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Districts View

Data to 17 Jul 2026

Should you spend time looking in Melbourne?

Why look here

  • Population growth

    Melbourne ranks in the 93rd percentile nationally for population growth, with the population up +36.1% since the 2021 Census.

  • Forecast demand

    Official forecasts point to an additional 24,709 residents by 2041 — growth of 33.0% on the current estimated population.

  • Infrastructure pipeline

    8 major projects are tracked in and around Melbourne, and infrastructure activity ranks in the 51st percentile nationally.

  • Employment outlook

    Industry-weighted employment growth of 7.0% is forecast over the next five years based on the local industry mix.

What could hold it back

  • Below-average resident incomes

    Melbourne ranks in the 18th percentile nationally for income (score 1.8/10). Lower household incomes can constrain rent growth and buyer depth, and increase sensitivity to interest-rate and cost-of-living pressure.

  • Weak housing market ranking

    Melbourne ranks in the 3rd percentile nationally for housing (score 0.3/10). A low composite housing ranking suggests the local market has lagged comparable areas on the measures Districts tracks.

  • High development activity

    Residential development activity ranks in the 99th percentile nationally, with 1,322 dwelling approvals over five years. Strong incoming supply can absorb demand and dampen rent and price growth until new stock is taken up.

Districts' reading of national rankings, Census change and the tracked project pipeline for Melbourne. Each line cites its evidence; this is interpretation, not advice. The Investment Report PDF is the long form of this thesis.

Sales activity

Data to 17 Jul 2026

Property sales trends in Melbourne (Vic.)

No market glance has been ingested for this suburb yet. Recorded sales below come from Districts property records where indexed.

Residential supply

Data to 17 Jul 2026

Housing development & building approvals in Melbourne (Vic.)

Districts view

The level of residential development activity in Melbourne was found to be higher than 90% of real estate markets across the country

Detail

Districts evaluations of ABS building approval records, distributed from local statistical data, show that Melbourne averages approximately 264 residential permits yearly, translating to 1,322 approved homes over the preceding 5 financial years. Thus far in FY-26699 permits have been registered. An average of 8.4 additional residents moved to the locality for every completed home between FY-21 and FY-25, highlighting a supply deficit that typically drives up property prices and heightens buyer competition. Newly constructed homes average an estimated cost of $427,000, which is marginally higher than the regional average and points to a focus on premium projects. Commercial building permits have reached $1.43 billion this financial year, reflecting a busy local commercial market.

Read more

Constructed dwellings in recent times consist of 1.0% stand-alone houses and 99.0% apartments or townhouses. This shift toward high-density housing options provides accessible price points for buyers entering the market, downsizers, and investors. The ratio of approximately 146 people for every residential approval points to a growing market.

Looking forward, the population of Melbourne is projected to rise by 24,709 residents by 2041 based on the most recent quarterly projections from Districts. If current building rates persist, residential supply may struggle to match demographic growth, which could intensify competition among buyers and support upward pressure on values.

Development applications

Districts' assessment of the Port Phillip and Melbourne LGA registers has identified 155 substantial development applications lodged in Melbourne over the past 5 years (20 in the last 12 months). Minor and ancillary works — single dwellings, outbuildings, signage and smaller residential developments — are excluded. Of these, 97 were approved (63%, or 70% of those decided), 42 were withdrawn (27%), while 3 are under assessment. Districts estimates that 27 of these developments have likely been constructed. The most common application types are retail, commercial and multi-resi.

155 applications in the profile extract.

MetriciMelbourne
Latest FY Approvals53646,344185,138
Current FY-to-Date Approvals69939,880184,871
–Detached House Approvals2/0.6%19,891/55.0%89,436/61.9%
–Attached/Other Approvals292/99.4%16,302/45.0%55,043/38.1%
Average Annual Approvals26446,055188,882
Total 5-Year Approvals1,322230,275944,410
Approvals per 1,000 People (2yr)7.28.26.5
Approvals per 1,000 People (5yr)3.997.2
Pop Growth per Approval (2yr)6.92.62.8
Pop Growth per Approval (5yr)8.41.62.1
Persons per Approval146125158
Residential Value per Unit427367342
Commercial Development Value1,430,18617,870,380105,080,908
Development Drivers Ranking9994100

Project pipeline

Data to 17 Jul 2026

Infrastructure & major projects in Melbourne (Vic.)

Districts view

Melbourne has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Detail

Developments in public infrastructure, major construction works, and urban planning policies are key drivers of local performance. Districts has identified 252 projects that are expected to influence the locality. Notable works include the Greenline Project, the Level Crossing Removal Project, the Queen Victoria Market Precinct Renewal, and the South Melbourne Town Hall Restoration, with the following list detailing the most relevant initiatives.

1.Parkville Materials Handling Building (RMH Parkville) - Decommissioning and Demolition

Est. comp. 2028

Health & Medical

Construction

Decommissioning, decanting, and demolition of the Royal Melbourne Hospital Materials Handling Building at Parkville to enable the Parkville Precinct Redevelopment. The Victorian Health Building Authority is delivering the works with Multiplex appointed as Managing Contractor, clearing the western side of the campus for a new hospital tower.

Source for Parkville Materials Handling Building (RMH Parkville) - Decommissioning and Demolition (opens in new tab)

2.The Carter Building

Est. comp. 2028

Precincts & Urban Renewal

Construction

The Carter Building is a $300 million luxury mixed-use development at 448 St Kilda Road, Melbourne. The 17-storey landmark, designed by Kerry Hill Architects (KHA), features a saw-cut bluestone facade inspired by the city's heritage buildings. It comprises 54 premium private residences across the upper floors and a 107-room five-star COMO Hotels and Resorts property on the lower levels - marking COMO's first appearance in Melbourne and second in Australia. Residents and guests enjoy world-class amenities including the COMO Shambhala wellness centre, a 20-metre indoor lap pool, gym, sauna, golf simulator, and concierge services.

Source 1 for The Carter Building (opens in new tab)Source 2 for The Carter Building (opens in new tab)

3.Australian Institute for Infectious Disease (AIID)

Est. comp. 2029

Science & Research

Construction

A $650 million state-of-the-art 15-storey research facility in the Melbourne Biomedical Precinct designed by Wardle. It will house 1,000 researchers and feature high-containment PC3 laboratories, a human infection challenge unit, robotic biobanking, and the Cumming Global Centre for Pandemic Therapeutics. The project is a collaboration between the University of Melbourne, Doherty Institute, and Burnet Institute, supported by a $400 million Victorian Government contribution to enhance Australia's sovereign pandemic response.

Source 1 for Australian Institute for Infectious Disease (AIID) (opens in new tab)Source 2 for Australian Institute for Infectious Disease (AIID) (opens in new tab)

4.Level Crossing Removal Project

Est. comp. 2030

Transport & Logistics

Construction

Victorian Government program to remove 110 dangerous and congested level crossings across metropolitan Melbourne by 2030. The program has removed 88 crossings to date, is rebuilding or upgrading stations and rail infrastructure, and is creating new public open space while improving safety, reducing congestion and making train services more reliable.

Source 1 for Level Crossing Removal Project (opens in new tab)Source 2 for Level Crossing Removal Project (opens in new tab)

5.Queen Victoria Market Precinct Renewal

Est. comp. 2028

Communities, Precincts & Urban Renewal

Construction

A transformative multi-stage program to modernize Australia's largest 19th-century market. The flagship southern precinct, Gurrowa Place, is a $1.7 billion mixed-use development delivered by Lendlease and Scape. It features three towers providing build-to-rent apartments, student accommodation, and affordable housing. Key elements include the 1.8-hectare Market Square public park replacing the current open-air car park, restoration of the heritage Franklin Street Stores into retail and hospitality, and a new 220-space basement car park. Heritage shed restorations and core trader facilities were largely completed by 2024, with site works for the southern towers commencing in May 2026.

Source 1 for Queen Victoria Market Precinct Renewal (opens in new tab)Source 2 for Queen Victoria Market Precinct Renewal (opens in new tab)

8 projects tracked around Melbourne (Vic.), in the source's significance order. Stages and reference links are as published by the source.

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On the market now

Data to 17 Jul 2026

For sale in Melbourne (Vic.)

  • 557 little lonsdale st, melbourne, VIC, 3000For sale

    $360,000–$390,000

    Apartment For Sale · 2 bed

    Listed 12 Sept 2024

  • 640 bourke st, melbourne, VIC, 3000For sale

    $2,872,300

    Apartment For Sale · 3 bed

    Listed 13 Aug 2026

  • 601 little collins st, melbourne, VIC, 3000For sale

    $380,000–$410,000

    Apartment For Sale · 2 bed · 1,246m² land

    Listed 12 Aug 2026

  • U701, 199 william st, melbourne, VIC, 3000For sale

    $530,000

    Apartment · 2 bed

    Listed 22 July 2023

  • U1004, 557 little lonsdale st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 1 bed

    Listed 22 July 2023

  • U5207, 33 rose ln, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 3 bed

    Listed 22 July 2023

  • U1812, 120 a beckett st, melbourne, VIC, 3000For sale

    $630,000–$650,000

    Apartment · 2 bed

    Listed 13 Mar 2024

  • U1801, 228 a beckett st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 2 bed

    Listed 22 July 2023

  • U2704, 38 rose ln, melbourne, VIC, 3000For sale

    $430,000–$470,000

    Apartment · 2 bed

    Listed 16 June 2025

  • U1303, 120 abeckett st, melbourne, VIC, 3000For sale

    $370,000–$407,000

    Apartment · 1 bed

    Listed 22 July 2023

  • U728, 539 st kilda rd, melbourne, VIC, 3004For sale

    $1,150,000

    Apartment · 2 bed

    Listed 9 Aug 2024

  • 1 albert rd, melbourne, VIC, 3004For sale

    $590,000–$649,000

    Apartment For Sale · 1 bed

    Listed 31 Mar 2026

  • U211, 339 swanston st, melbourne, VIC, 3000For sale

    $350,000

    Apartment · 2 bed

    Listed 24 July 2023

  • U5402, 135 a beckett st, melbourne, VIC, 3000For sale

    $530,000–$580,000

    Apartment · 2 bed

    Listed 19 June 2026

  • 4113/33 rose ln, melbourne, VIC, 3000For sale

    $399,000–$430,000

    Apartment · 2 bed

    Listed 10 Mar 2026

  • 2707B/155 franklin st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 2 bed

    Listed 7 Oct 2024

  • ULevel 36, 318 russell st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 1 bed

    Listed 13 June 2023

  • U1005, 200 spencer st, melbourne, VIC, 3000For sale

    $488,000–$518,000

    Apartment · 2 bed

    Listed 28 Aug 2026

  • 901/222 russell st, melbourne, VIC, 3000For sale

    $390,000

    Apartment · 1 bed

    Listed 28 Aug 2026

  • U4111, 601 little lonsdale st, melbourne, VIC, 3000For sale

    $580,000–$620,000

    Apartment · 2 bed

    Listed 28 Aug 2026

  • U503, 135 abeckett st, melbourne, VIC, 3000For sale

    $520,000–$550,000

    Apartment · 2 bed

    Listed 28 Aug 2026

  • U2608, 181 abeckett st, melbourne, VIC, 3000For sale

    $280,000–$300,000

    Apartment · 1 bed

    Listed 28 Aug 2026

  • U103, 618 lonsdale st, melbourne, VIC, 3000For sale

    $400,000–$440,000

    Apartment · 2 bed

    Listed 28 Aug 2026

  • U3103B, 639 little lonsdale st, melbourne, VIC, 3000For sale

    $470,000–$505,000

    Apartment · 1 bed

    Listed 28 Aug 2026

  • U717, 118 franklin st, melbourne, VIC, 3000For sale

    $300,000–$325,000

    Apartment · 1 bed

    Listed 28 Aug 2026

  • U4003, 601 little lonsdale st, melbourne, VIC, 3000For sale

    $380,000–$418,000

    Apartment · 1 bed

    Listed 28 Aug 2026

  • 511/250 elizabeth st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 1 bed · 48m² land

    Listed 12 Sept 2024

  • 4603/80 a beckett st, melbourne, VIC, 3000For sale

    Price not recorded

    Apartment · 2 bed

    Listed 12 Sept 2024

  • 401/1 union st, melbourne, VIC, 3004For sale

    $1,880,000

    Apartment · 4 bed

    Listed 7 May 2026

  • U6305, 138 spencer st, melbourne, VIC, 3000For sale

    $630,000

    Apartment · 1 bed

    Listed 25 Aug 2026

  • 2608/620 collins st, melbourne, VIC, 3000For sale

    $800,000–$880,000

    Apartment · 2 bed

    Listed 25 Aug 2026

  • 727/118 franklin st, melbourne, VIC, 3000For sale

    $2,550,002–$6,500,011

    Apartment · 1 bed

    Listed 28 Aug 2026

  • 709/181 exhibition st, melbourne, VIC, 3000For sale

    $660,000

    Apartment · 2 bed

    Listed 24 Aug 2026

  • U2307, 157 abeckett st, melbourne, VIC, 3000For sale

    $420,000–$450,000

    Apartment · 1 bed

    Listed 25 Aug 2026

  • 2902/36 la trobe st, melbourne, VIC, 3000For sale

    $500,000–$525,000

    Apartment · 2 bed

    Listed 27 Aug 2026

  • 1103/8 exploration ln, melbourne, VIC, 3000For sale

    $425,000–$455,000

    Apartment · 2 bed

    Listed 25 Aug 2026

  • U2302, 33 mackenzie st, melbourne, VIC, 3000For sale

    $520,000–$550,000

    Apartment · 2 bed

    Listed 25 Aug 2026

  • 1403/141 la trobe st, melbourne, VIC, 3000For sale

    $390,000–$420,000

    Apartment · 1 bed

    Listed 25 Aug 2026

  • U101, 160 little lonsdale st, melbourne, VIC, 3000For sale

    $275,000

    Apartment · 1 bed

    Listed 27 Aug 2026

  • U1701, 39 lonsdale st, melbourne, VIC, 3000For sale

    $345,000–$375,000

    Apartment · 2 bed

    Listed 28 Aug 2026

From indexed listing events. Districts records what the listing publishes — asks and attributes are the agent's, not a valuation.

Properties

Data to 17 Jul 2026

Recent sales in Melbourne (Vic.)

20262
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
56 hayward ln, melbourne, VIC, 3000$1.42M25 Mar 2026Townhouse32087m²$16,322
U109, 23 queens rd, melbourne, VIC, 3004—2 Jan 2026Apartment211——
20252
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U715, 539 st kilda rd, melbourne, VIC, 3004—17 Nov 2025Apartment32296m²—
43/449-453 st kilda rd, melbourne, VIC, 3004—10 Jan 2025Apartment211106m²—
202410
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
58 hayward ln, melbourne, VIC, 3000$1.26M22 Dec 2024House320——
1202B/81 queens rd, melbourne, VIC, 3004—5 Dec 2024Apartment111——
UPenthouse Level 7, 539 st kilda rd, melbourne, VIC, 3004$1.46M7 Nov 2024Apartment232——
U414, 360 st kilda rd, melbourne, VIC, 3004—28 Aug 2024Apartment111——
1414/35 albert rd, melbourne, VIC, 3004$628K14 Aug 2024Apartment211——
U708, 70 queens rd, melbourne, VIC, 3004—27 June 2024Apartment111——
U5, 19 queens rd, melbourne, VIC, 3004$682K27 Mar 2024Apartment221——
28/449-453 st kilda rd, melbourne, VIC, 3004—15 Mar 2024Apartment321——
U306, 360 st kilda rd, melbourne, VIC, 3004—29 Feb 2024Apartment212——
U18, 75 queens rd, melbourne, VIC, 3004$525K11 Jan 2024Apartment311——
20238
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U1401, 20 queens rd, melbourne, VIC, 3004—29 Nov 2023Apartment335——
124/499 st kilda rd, melbourne, VIC, 3004$1.7M19 Sept 2023Apartment322——
U810, 568 st kilda rd, melbourne, VIC, 3004$650K7 Sept 2023Apartment221——
U65, 604 st kilda rd, melbourne, VIC, 3004—14 June 2023Apartment221——
U31, 27 queens rd, melbourne, VIC, 3004$873K20 May 2023Apartment321——
502/505 st kilda rd, melbourne, VIC, 3004$1.8M19 Apr 2023Apartment332——
U61, 431 st kilda rd, melbourne, VIC, 3004$740K11 Apr 2023Apartment211——
U1213, 576-578 st kilda rd, melbourne, VIC, 3004$1.32M15 Feb 2023Apartment322——
202215
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U12A, 75 queens rd, melbourne, VIC, 3004$373K10 Dec 2022Apartment111——
U222, 539 st kilda rd, melbourne, VIC, 3004—2 Dec 2022Apartment111——
U2, 27 queens rd, melbourne, VIC, 3004$1.12M11 Nov 2022Apartment322——
U107, 15 queens rd, melbourne, VIC, 3004$585K10 Nov 2022Apartment211——
U1205, 442 st kilda rd, melbourne, VIC, 3004$350K2 Nov 2022Apartment111——
605/469 st kilda rd, melbourne, VIC, 3004—31 Oct 2022Unit222——
U1209, 499 st kilda rd, melbourne, VIC, 3004$750K8 Oct 2022Apartment111——
U424, 499 st kilda rd, melbourne, VIC, 3004$1.5M5 Oct 2022Apartment322——
U19, 458 st kilda rd, melbourne, VIC, 3004—6 July 2022Apartment211——
U1319, 555 st kilda rd, melbourne, VIC, 3004$750K27 June 2022Apartment221——
U302, 576-578 st kilda rd, melbourne, VIC, 3004—27 June 2022Apartment322——
U304, 26 queens rd, melbourne, VIC, 3004—15 Apr 2022Apartment321——
U501, 55 queens rd, melbourne, VIC, 3004—7 Apr 2022Apartment212——
1706/12 queens rd, melbourne, VIC, 3004—7 Mar 2022Apartment322——
U33, 29 queens rd, melbourne, VIC, 3004—21 Feb 2022Apartment221——
20215
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
14/60 queens rd, melbourne, VIC, 3004$750K30 Nov 2021Apartment211——
U22, 458 st kilda rd, melbourne, VIC, 3004—31 Mar 2021Apartment211——
U709, 582 st kilda rd, melbourne, VIC, 3004$530K12 Mar 2021Apartment111——
U210, 555 st kilda rd, melbourne, VIC, 3004—7 Feb 2021Apartment221——
U706, 1 roy st, melbourne, VIC, 3004—20 Jan 2021Apartment211——
20205
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
19/618 st kilda rd, melbourne, VIC, 3004$410K20 June 2020Apartment111——
U208, 26 queens rd, melbourne, VIC, 3004$891K30 May 2020Apartment322——
U410, 83 queens rd, melbourne, VIC, 3004$415K11 Mar 2020Apartment111——
117/555 st kilda rd, melbourne, VIC, 3004—2 Feb 2020Apartment211——
U10, 632 st kilda rd, melbourne, VIC, 3004$430K20 Jan 2020Apartment111——
201911
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U618, 74 queens rd, melbourne, VIC, 3004—16 Dec 2019Apartment211——
U1506, 582 st kilda rd, melbourne, VIC, 3004$1.25M8 Nov 2019Apartment323——
U1310, 83 queens rd, melbourne, VIC, 3004$460K31 Oct 2019Apartment111——
U1706, 568 st kilda rd, melbourne, VIC, 3004$448K3 Oct 2019Apartment111——
U1504, 83 queens rd, melbourne, VIC, 3004$550K2 Oct 2019Apartment111——
U402, 23 queens rd, melbourne, VIC, 3004$615K11 Sept 2019Apartment211——
U136, 416 st kilda rd, melbourne, VIC, 3004$387K31 July 2019Apartment111——
U209, 539 st kilda rd, melbourne, VIC, 3004$645K25 June 2019Apartment221——
U706, 478 st kilda rd, melbourne, VIC, 3004$595K28 May 2019Apartment221——
U103, 539 st kilda rd, melbourne, VIC, 3004$690K29 Apr 2019Apartment222——
U1302, 582 st kilda rd, melbourne, VIC, 3004—15 Mar 2019Apartment221——
201815
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U1104, 576 st kilda rd, melbourne, VIC, 3004—8 Dec 2018Apartment222——
U801, 83 queens rd, melbourne, VIC, 3004—13 Nov 2018Apartment222——
U60, 431 st kilda rd, melbourne, VIC, 3004—8 Nov 2018Apartment211——
U146, 632 st kilda rd, melbourne, VIC, 3004$745K5 Nov 2018Apartment312——
U911, 74 queens rd, melbourne, VIC, 3004—12 Sept 2018Apartment111——
U1010, 594 st kilda rd, melbourne, VIC, 3004$370K31 Aug 2018Apartment111——
U118, 9 commercial rd, melbourne, VIC, 3004—13 Aug 2018Apartment111——
U213, 610 st kilda rd, melbourne, VIC, 3004—23 July 2018Apartment211——
U901, 83 queens rd, melbourne, VIC, 3004$780K21 July 2018Apartment221——
U608, 594 st kilda rd, melbourne, VIC, 3004—5 June 2018Apartment111——
U205, 539 st kilda rd, melbourne, VIC, 3004$550K20 May 2018Apartment221——
UPenthouse5, 431 st kilda rd, melbourne, VIC, 3004$1.42M12 May 2018Apartment322——
U509, 539 st kilda rd, melbourne, VIC, 3004$625K2 May 2018Apartment221——
U713, 539 st kilda rd, melbourne, VIC, 3004$760K27 Apr 2018Apartment222——
U613, 539 st kilda rd, melbourne, VIC, 3004$720K3 Mar 2018Apartment222——

Source: Districts property records · 73 on this page

Nearby

Data to 17 Jul 2026

Surrounding suburbs in Melbourne (Vic.)

SuburbDistancePeopleMedianGrowthSales
Melbourne—74,776———
Southbank1.0 km29,219———
Docklands1.8 km18,782———
East Melbourne1.9 km5,263———
South Melbourne1.9 km14,383———
Carlton (Vic.)2.0 km23,242———
West Melbourne2.0 km10,133———
Fitzroy (Vic.)2.4 km12,578———
North Melbourne2.5 km18,460———
Collingwood (Vic.)2.8 km11,160———
Cremorne (Vic.)2.9 km2,614———
Albert Park (Vic.)3.2 km6,665———
Port Melbourne3.3 km18,888———
Richmond (Vic.)3.3 km31,327———
Abbotsford (Vic.)3.4 km10,389———
South Yarra3.5 km29,495———
Carlton North3.5 km6,602———
Middle Park (Vic.)3.7 km4,236———

Market columns show — where a nearby suburb has not been ingested yet.

News

Research covering Melbourne (Vic.)

Published Districts articles that mention this suburb or link here. Opening these pages strengthens internal discovery for both the profile and the news URL.

  • Melbourne VIC: 74,776 residents, 99.7% apartments

    A recorded-data profile of Melbourne, VIC in Greater Melbourne / Port Phillip: 74,776 residents, up 36.1% from the 2021 Census.

  • Craigieburn VIC: 71,986 residents and housing mix in 2026

    A recorded-data profile of Craigieburn, VIC in Greater Melbourne / Tullamarine - Broadmeadows: 71,986 residents, up 10.4% from the 2021 Census.

  • Point Cook VIC: 25% aged under 15, 72,239 residents

    A recorded-data profile of Point Cook, VIC in Greater Melbourne / Wyndham: 72,239 residents, up 8.2% from the 2021 Census.

  • Tarneit VIC: 77,496 residents, up 37.5% since Census

    A recorded-data profile of Tarneit, VIC in Greater Melbourne / Wyndham: 77,496 residents, up 37.5% from the 2021 Census.

All Districts news →

AppendixWho lives here — Census and liveabilityAge, income, households, housing stock, education, amenities and national rankings. Open when the area thesis warrants the detail.
  • Driven by young professionals

  • Population density and growth drivers well above average

  • A dense and active development area

  • Well-educated local population

  • High population level born overseas

  • Above-average renting population

  • One of the nation's highest rates of population growth since the 2016 Census

  • Top quartile expectations for future population growth

  • Population growth relative to development approval activity among the highest in the nation

  • Industry weighted employment projections in the top 10% of the nation

  • Driven by young professionals

  • Population density and growth drivers well above average

  • A dense and active development area

  • Well-educated local population

  • High population level born overseas

  • Above-average renting population

  • One of the nation's highest rates of population growth since the 2016 Census

  • Top quartile expectations for future population growth

  • Population growth relative to development approval activity among the highest in the nation

  • Industry weighted employment projections in the top 10% of the nation

Population Growth

9.3

Density

9.9

Development Activity

9.9

Employment Drivers

6.4

Infrastructure Drivers

5.1

Education

8.6

Amenities

9.9

Transport & Access

9.9

Income

1.8

Age

0.2

Household Composition

0.1

Housing

0.3

Cultural Diversity

9.7

Health

8.6

Housing Cost

4.9

Rate Sensitivity

0.0

Demographics

Data to 17 Jul 2026

Population growth in Melbourne (Vic.)

Districts view

Melbourne lies within the top 10% of areas nationally in terms of population growth performance according to Districts analysis of short and medium-term trends

Detail

According to population updates from the ABS for the surrounding region, combined with address records verified by Districts since the Census, the resident count for the suburb of Melbourne is projected to be 74,776 as of May 2026. This indicates a rise of 19,835 individuals (36.1%) from the 2021 Census, which registered 54,941 people. This estimation is based on a resident base of 74,685 calculated by Districts using the ABS June 2025 release of ERP figures, alongside an additional 581 validated new addresses since the Census date. This population size yields a density of 11,346 persons per square kilometer, placing the locality in the top 10% of all national areas evaluated by Districts, demonstrating that local land is a highly coveted asset. The 36.1% rate of expansion in the suburb of Melbourne since the 2021 census outstripped the state average (9.3%) and the country as a whole, positioning it as a leading growth zone. Demographic expansion was heavily supported by arrivals from overseas, accounting for roughly 96.0% of the total population growth in recent times, though natural increase and interstate arrivals also registered positive contributions.

Read more

Districts incorporates projections from the ABS and Geoscience Australia for individual SA2 zones, which were published in 2024 using 2022 as the base point. For SA2 regions lacking this coverage, Districts employs Victorian State Government projections for local government areas from 2023, adjusting them via a weighted aggregation of population growth from LGA to SA2 tiers. The age-specific growth rates derived from these aggregations are also applied to all localities for the period spanning 2032 to 2041. Future demographic projections point to a major upward shift that ranks in the top quarter of national locations, with the suburb of Melbourne anticipated to grow by 24,800 residents to 2041 based on compiled SA2 projections, representing a 33.0% expansion over the 16 years.

MetriciMelbourne
Latest Population Est.74,7765,467,71727,798,796
Growth Since Census36.1%11.2%9.3%
Population 2021 Census54,9414,917,75025,422,788
Natural Increase3.0%20.0%20.0%
Overseas Migration96.0%80.0%80.0%
Interstate Migration1.0%0.0%0.0%
Population Forecast Growth (2041)33.0%27.3%19.8%
Persons per Square Kilometer11,3465473

Employment

Data to 17 Jul 2026

Jobs and industry in Melbourne (Vic.)

Districts view

The employment environment in Melbourne shows above-average strength when compared nationally

Detail

The local workforce is characterized by high levels of education, with a strong presence in professional fields, a low unemployment rate of 3.6%, and estimated annual jobs growth of 3.7%, based on Districts figures. As of March 2026, 53,762 local residents are employed. The jobless rate sits 1.2% below the Greater Melbourne average of 4.8%, while the participation rate of 76.9% is significantly higher than the metropolitan benchmark of 70.2%. Census figures show that 39.4% of working residents operated from home, though this may have been influenced by pandemic-related restrictions.

Read more

The primary employment sectors for local workers are accommodation & food, professional & technical services, and health care & social assistance. The local area displays a notable concentration in accommodation & food, with an employment share that is 2.9 times the regional benchmark. Conversely, the construction industry has a minimal footprint, employing 3.6% of workers compared to 9.7% across the wider region. Reflecting a ratio of 4.9 jobs for every working resident at the Census, the locality serves as a major employment center that draws in commuters from surrounding areas.

An analysis of SALM and ABS statistics compiled by Districts shows that during the 12 months leading to March 2026, employment expanded by 3.7% and the labour force grew by 3.6%, which maintained a steady unemployment rate. This performance differed from Greater Melbourne, which saw a 2.1% rise in employment, a 2.3% increase in the labor force, and a 0.2 percentage point rise in unemployment. National employment projections from Jobs and Skills Australia published in May-25 offer additional context on future labor demand. These five and ten-year forecasts have been aligned with the local industry profile to estimate employment trends. Nationally, employment is projected to grow by 6.6% over five years and 13.7% over ten years, though rates of change vary widely by industry. Applying these industry projections to the local workforce mix suggests employment in Melbourne will rise by 7.0% over five years and 14.0% over ten years, representing a basic weighting extrapolation that does not incorporate local population forecasts.

MetriciMelbourne
Total Employment53,7622,999,45914,651,372
–Accommodation & Food18.4%6.4%6.8%
–Professional & Technical17.3%10.1%8.2%
–Health Care & Social Assistance9.7%14.2%15.2%
Labour Force55,7663,149,66315,298,546
Participation Rate76.9%70.2%67.2%
Working from Home39.4%32.6%23.9%
Unemployment3.6%4.8%4.2%
1Yr Emp. Growth3.7%2.1%1.5%
5Yr Emp. Growth Forecast7.0%6.6%6.5%
Employment Drivers Ranking6467100

Income

Data to 17 Jul 20262021 Census

Household income in Melbourne (Vic.)

Districts view

Income figures position the area below 75% of locations analysed nationally by Districts

Detail

According to the latest ATO postcode statistics released for financial year 2023, Melbourne taxpayers have a median income of $42,612 and an average of $67,203. This matches national benchmarks, compared to a median of $57,688 and an average of $75,164 across Greater Melbourne. Factoring in Wage Price Index growth of 9.62% since financial year 2023, current estimates would be roughly $46,711 for the median and $73,668 for the average as of March 2026. Census records indicate that individual weekly income is in the 61st percentile ($864), while household earnings are in the 32nd percentile. The largest income bracket is the 31.5% of taxpayers earning between $1,500 - 2,999 weekly (23,554 residents), which is similar to the metropolitan average of 32.8% for this cohort. Household budget pressures are high, with only 76.8% of income remaining after housing costs, placing the area in the 22nd percentile, while the SEIFA index for income ranks in the 8th decile.

MetriciMelbourne
Median Annual Income Est.46,71163,23862,634
Average Annual Income Est.73,66882,39580,499
ATO Median Taxable Income42,61257,68857,137
ATO Average Taxable Income67,20375,16473,435
Median Household Income1,4481,9011,746
–$0 to 3995,610 (15.0%)124,775 (6.3%)638,312 (6.3%)
–$400 to 7994,675 (12.5%)273,317 (13.8%)1,671,771 (16.5%)
–$800 to 1,4999,088 (24.3%)398,092 (20.1%)2,158,104 (21.3%)
–$1,500 to 2,99911,780 (31.5%)649,623 (32.8%)3,201,695 (31.6%)
–$3,000 to 3,9992,692 (7.2%)235,687 (11.9%)1,114,514 (11.0%)
–$4,000+3,553 (9.5%)299,065 (15.1%)1,357,681 (13.4%)
Median Family Income2,0832,2432,120
–$0 to 3991,080 (7.7%)51,956 (3.7%)236,192 (3.3%)
–$400 to 7991,066 (7.6%)126,379 (9.0%)758,676 (10.6%)
–$800 to 1,4992,777 (19.8%)263,993 (18.8%)1,474,408 (20.6%)
–$1,500 to 2,9995,104 (36.4%)504,114 (35.9%)2,562,321 (35.8%)
–$3,000 to 3,9991,669 (11.9%)203,611 (14.5%)973,396 (13.6%)
–$4,000+2,328 (16.6%)254,163 (18.1%)1,145,171 (16.0%)
Median Personal Income864841805
–$0 to 39919,273 (25.8%)1,470,816 (26.9%)7,303,780 (26.3%)
–$400 to 79915,986 (21.4%)1,170,091 (21.4%)6,526,191 (23.5%)
–$800 to 1,49920,319 (27.2%)1,399,736 (25.6%)7,137,153 (25.7%)
–$1,500 to 2,99914,567 (19.5%)1,099,011 (20.1%)5,359,808 (19.3%)
–$3,000 to 3,4991,643 (2.2%)114,822 (2.1%)527,649 (1.9%)
–$3,500+2,988 (4.0%)213,241 (3.9%)944,215 (3.4%)
–Low Income (<$800/wk)27.5%20.1%22.8%
–High Income (>$3,000/wk)16.7%27.0%24.4%
Largest Income Group$1,500 - 2,999$1,500 - 2,999$1,500 - 2,999
Household Disposable Income4,8206,9486,376
SEIFA Score7.76.35.6

Housing stock

Data to 17 Jul 20262021 Census

Housing & dwellings in Melbourne (Vic.)

Districts view

Melbourne features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

Detail

The mix of housing types in Melbourne at the time of the Census consisted of 0.1% detached houses and 99.9% other dwelling types such as apartments and semi-detached units, compared to metropolitan averages of 67.9% houses and 32.1% other dwellings. Home ownership rates were low compared to the wider metropolis, standing at 13.1%, with the remaining properties occupied by residents with a mortgage (13.6%) or renting tenants (73.3%). The median mortgage payment of $1,800 monthly was below the metropolitan benchmark, while the median weekly rent was $381, compared to metropolitan averages of $2,000 and $390. Across the nation, local mortgage payments are lower than the Australian median of $1,863, whereas rental costs exceed the national benchmark of $375.

Melbourne at a glance

Dwelling mix

99.7%
  • Detached houses0.1%
  • Semi-detached0.2%
  • Apartments99.7%

How homes are held

13.1%13.6%73.3%
  • Owned outright13.1%
  • Mortgaged13.6%
  • Rented73.3%

Source: ABS 2021 Census

Rents today

$639/wk

DFFH median rent

Period ending Sep 2025

+3.8%

DFFH rent movement, 1 yr

Rents are rising

The Victorian DFFH median weekly rent rose 3.8% year on year to $639/wk (Period ending Sep 2025).

The 2021 Census recorded a median rent of $381/wk — an older point-in-time figure, kept separate from current medians.

RTBA rental bond lodgements are not in this extract. Rents above are report medians, not bond data.

MetriciMelbourne
Total Dwellings (Census)27,4791,781,3449,275,218
–Owned Outright13.1%30.7%32.1%
–Owned with Mortgage13.6%38.2%36.2%
–Rented73.3%31.1%31.7%
–Detached Houses0.1%67.9%72.5%
–Semi-Detached0.2%16.2%12.6%
–Apartments99.7%15.6%14.3%
–Other Dwellings0.0%0.3%0.6%
–Median Monthly Mortgage1,8002,0001,863
–Median Weekly Rent381390375
–$0-149/wk1.0%4.6%7.3%
–$150-349/wk33.6%27.4%33.4%
–$350-649/wk59.0%59.7%50.9%
–$650-949/wk4.7%6.4%6.6%
–>$950/wk1.7%1.9%1.8%
–Aggregate Housing Cost1,4541,2891,189
–Mortgage / Income28.7%24.3%24.6%
–Rent / Income26.3%20.5%21.5%
–Persons per Bedroom10.90.8

Households

Data to 17 Jul 20262021 Census

Household composition in Melbourne (Vic.)

Districts view

Melbourne features high concentrations of group households and lone person households, with a lower-than-average median household size

Detail

Family units account for 37.5% of local households, consisting of 5.7% couples with children, 25.6% couples without children, and 3.1% single parents. The remaining 62.5% are non-family households, with single person households representing 47.2% and group households making up 15.3% of the total. The median household size is 1.7 people, which is smaller than the metropolitan average of 2.6.

MetriciMelbourne
Current Household Est.37,3981,980,55910,142,077
Median Household Size1.72.62.5
Total Households (Census)27,4781,781,3469,275,217
–Lone Person Households47.2%24.8%25.6%
–Group Households15.3%4.3%3.9%
–Other Households0.0%0.0%0.0%
–Family Households37.5%70.9%70.5%
–Couple with Children5.7%34.5%31.4%
–Couple No Children25.6%24.5%26.8%
–One Parent Family3.1%10.6%11.1%
–Avg Children per Family0.41.41.6
Currently Married21.9%47.0%46.5%
Never Married69.3%38.0%36.5%

Education

Data to 17 Jul 20262021 Census

Schools & education in Melbourne (Vic.)

Districts view

Melbourne shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Detail

Educational qualification levels in Melbourne are high compared to broader averages, with 61.1% of residents aged 15+ holding a university degree, compared to 30.4% nationally and 33.4% across Victoria. This gives the local workforce a strong foundation for knowledge-based roles. Bachelor degrees are the most common at 37.7%, followed by postgraduate degrees at 20.6% and graduate diplomas at 2.8%. Vocational education accounts for 18.3% of credentials among residents aged 15 and over, comprising advanced diplomas at 11.0% and certificates at 7.3%.

Read more

Enrolment in education is high, with 42.2% of the population undertaking formal studies. This is made up of 25.4% in higher education, 1.7% in primary school, and 1.5% in high school.

MetriciMelbourne
University Qualifications61.1%37.0%30.4%
–Bachelor Degree37.7%23.7%20.0%
–Postgraduate Degree20.6%9.9%7.6%
–Advanced Diploma11.0%11.2%10.8%
–Certificate7.3%16.7%22.0%
No Tertiary Qualifications20.6%35.2%36.8%
Number of Schools111,76711,054
Total School Attendance6,457805,2744,176,099
ICSEA Score1,1021,0561,001
Education Drivers Ranking8697100

Schools detail

#School nameTypePlacesICSEADistance (km)
1Eltham College - Lonsdale Street CampusCombinedn.an.a0.60
2Eltham College - King Street CampusCombinedn.an.a0.68
3Ozford College - Ozford College CampusSecondaryn.an.a0.90
4Ozford CollegeSecondary14610530.90
5Stott's CollegesSecondaryn.a10210.92
6Holmes Grammar SchoolSecondaryn.an.a1.12
7Melbourne Grammar School - Wadhurst CampusCombinedn.an.a1.98
8Melbourne Grammar SchoolCombined1,85611812.09
9MacRobertson Girls High SchoolSecondary1,19611852.19
10Wesley CollegeCombined3,20711743.85
11Victorian College For The DeafCombined529983.95

Showing 1 to 11 of 11 results

Amenities

Data to 17 Jul 2026

Services and amenities in Melbourne (Vic.)

Districts view

Amenity provision was found to be above the typical area assessed nationally by Districts, based on counts and proximity analysis

Supermarket

336m · score 99

Child Care

396m · score 82

GP

327m · score 95

Government Services

4.2km · score 80

Post Office

0km · score 0

Parcel Locker

0km · score 0

Dentist

283m · score 98

Hospital

1.2km · score 96

Shopping Centre

639m · score 99

Banks

459m · score 98

Pharmacy

284m · score 97

Fitness Centre

475m · score 99

Schools

448m · score 42

Getting around

Data to 17 Jul 2026

Transport & commuting in Melbourne (Vic.)

Districts view

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Detail

Local public transport infrastructure consists of 206 active stops, including a combination of train, light rail, and bus services. These stops are connected to 92 separate routes, which support 69,302 passenger trips weekly. Accessibility is high, with residents living an average of 95 meters from their nearest transport stop. As the area is mostly residential, the majority of commuters travel out of the suburb, with walking being a common option at 25%, and 22% using trains. Vehicle ownership is low, averaging 0.1 cars per household, which is below the metropolitan benchmark. Working from home was recorded for 39.4% of residents in the 2021 Census, which may reflect pandemic-era workplace arrangements.

Read more

Public transport services run an average of 9,900 times daily across all routes, which averages out to approximately 336 weekly services per stop. The associated map indicates the location of the 100 closest stops to the center of the area.

MetriciMelbourne
Transport Stops20121,358171,981
Routes9267012,966
Weekly Trips69,302317,5631,140,068
Avg Dist. Between Stops (m)4990235
Avg Dist. to Local Pop. (m)952677,586
Population per Stop367256161
Population per Trip1.117.224.3
Population per Route8028,1562,136
Public Transport Access Ranking9991100
Vehicles per Dwelling0.11.31.4
Work from Home39.4%32.6%23.9%
Single Mode Commute54.5%64.8%73.8%
Two Mode4.8%2.1%1.9%
Three+ Mode1.3%0.5%0.3%
–Car20.1%81.9%84.1%
–Train21.5%7.7%4.9%
–Bus4.9%2.4%3.6%
–Walk24.8%3.2%3.7%
–Cycle2.7%1.2%1.0%
–Ferry0.0%0.0%0.1%
–Tram/Light Rail22.6%1.9%0.5%
–Other1.4%0.9%1.1%

Healthcare

Data to 17 Jul 2026Data to 2024

Health services in Melbourne (Vic.)

Districts view

Melbourne's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Detail

Local health outcomes are positive, based on Districts assessments of mortality rates and chronic health conditions, showing a low occurrence of common illnesses across all age groups. Private health insurance coverage is slightly higher than the average SA2 area, standing at approximately 53% of the population (~39,930 people), compared to 56.7% for Greater Melbourne.

Read more

The most common chronic diagnoses among residents are mental health conditions and asthma, affecting 6.9 and 5.4% of the population, respectively. Meanwhile, 83.6% of residents reported having no chronic medical conditions, compared to 72.6% in Greater Melbourne. Residents aged 65 and over make up 5.8% of the population (4,337 people), which is lower than the metropolitan average of 15.0%. Health indicators for senior residents are strong, with national rankings aligning closely with the broader local population.

MetriciMelbourne
Private Health Cover Rate53.4%56.7%55.7%
Need for Assistance1.6%5.5%5.8%
Zero L/T Health Conditions83.6%72.6%69.8%
One Long Term Condition12.9%19.3%20.5%
Two Long Term Conditions2.7%5.5%6.4%
3+ Long Term Conditions0.8%2.6%3.3%
–Arthritis2.4%6.4%7.7%
–Asthma5.4%7.3%7.4%
–Cancer1.2%2.3%2.6%
–Dementia / Alzheimers0.1%0.6%0.7%
–Diabetes1.6%4.1%4.3%
–Heart Disease1.2%3.1%3.6%
–Kidney Disease0.3%0.8%0.8%
–Lung Condition0.4%1.1%1.6%
–Mental Health Issue6.9%7.5%8.0%
–Stroke0.3%0.8%0.8%
–Other Condition5.1%7.2%7.3%

Ancestry & language

Data to 17 Jul 20262021 Census

Cultural diversity in Melbourne (Vic.)

Districts view

Melbourne is among the most culturally diverse areas in the country based on Districts assessment of a range of language and cultural background related metrics

Detail

The locality is highly multicultural, with 60.2% of residents speaking a non-English language at home and 70.6% born overseas. The most common religion is Christianity, representing 25.6% of residents. However, Buddhism shows a notable local concentration, accounting for 10.2% of the population, which is higher than the Greater Melbourne average of 4.2%.

Read more

In terms of family backgrounds, the three largest ancestry groups are Chinese at 27.1% of the population (higher than the metropolitan average of 6.5%), Other at 18.5%, and English at 13.3% (lower than the metropolitan average of 20.1%). There are also notable concentrations of other ethnic backgrounds, with Korean making up 2.1% of residents (compared to 0.3% regionally), Spanish at 0.8% (compared to 0.4%), and Indian at 5.9% (compared to 4.2%).

Ancestry

Chinese27.1%
Other18.5%
English13.3%
Australian8.2%
Indian5.9%
Irish4.8%
Scottish3.8%
Italian2.6%
MetriciMelbourne
Born Overseas70.6%37.3%29.3%
Born in Australia29.4%62.7%70.7%
Australian Citizens40.0%81.1%83.8%
Speak English Only39.8%64.1%76.4%
Speak Other Language60.2%35.9%23.6%
Indigenous Population0.4%0.5%2.2%
Largest Ethnic GroupChineseEnglishEnglish
Main ReligionChristianityChristianityChristianity
–Buddhism10.2%4.2%2.6%
–Christianity25.6%43.0%47.5%
–Hinduism7.6%4.4%2.9%
–Islam2.8%5.6%3.5%
–Judaism0.9%1.0%0.4%
–Other1.0%2.3%1.4%
–No Religion51.9%39.5%41.6%

Age structure

Data to 17 Jul 20262021 Census

Age profile in Melbourne (Vic.)

Districts view

Melbourne hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Detail

The median age of Melbourne residents is 27 years, which is lower than the Greater Melbourne average of 37 and the national median of 38 years. Compared to the wider metropolitan area, there is a high concentration of residents aged 25 - 34 (39.9%) and a small proportion of children aged 5 - 14 (1.6%). The local concentration of 25 - 34 year olds is higher than the national average of 14.6%. The local demographic has become younger since the 2021 Census, with the median age dropping 1.6 years from 29 to 27. The 15 to 24 age bracket rose from 24.5% to 28.2% of the population, while the 25 to 34 group increased from 38.3% to 39.9%. Conversely, the 45 to 54 group fell from 6.8% to 5.5% and the 55 to 64 group decreased from 5.1% to 3.9%. Demographic forecasts suggest the local age profile will change by 2041, with the 25 to 34 age bracket projected to grow by 9,474 people (32%), increasing from 29,835 to 39,310.

MetriciMelbourne
Median Age273738
Largest Age Group25 to 3425 to 3425 to 34
Children (0-14)3.0%17.5%17.5%
Working Age (15-64)91.2%67.5%64.7%
Seniors (65+)5.8%15.0%17.8%
Age Distribution Variance181.0%22.0%16.0%
Dependency Ratio10.0%48.0%55.0%
Fastest Growing Age Group85+85+85+

Child care

Data to 17 Jul 2026

Child care in Melbourne (Vic.)

Districts view

Melbourne was found to possess higher than average child care supply broadly for children under 5 on a resident basis (materially tighter once daytime workforce inflow is factored in), though with mixed findings across service types as long day care is well-supplied while preschool and out of school hours care appear more constrained.

Detail

Melbourne currently has an estimated 1,046 children under 5 years old, comprising approximately 702 children aged 0-2 and 463 children aged 3-4. This cohort declined by an estimated 5% since the previous census. though population forecasts indicate future growth, with an anticipated increase of 35% by 2041 (to approximately 1,415 children). Meanwhile the 5-12 cohort currently amounts to 1,286. Birth rates in the area have averaged 3.9 per 1,000 residents over the latest two-year period, a low rate (among the bottom 20% of areas assessed nationally). This rate has slowed down slightly in recent years however.

Read more

Melbourne contains 11 Long Day Care centres (1,189 places), 1 preschool/kindergarten facility (58 places) and 1 OSHC facility (60 places), with overall provision relative to the local child population appearing favorable compared to national benchmarks, and above the Greater Melbourne average on a resident basis — though likely far tighter supply once significant daily workforce inflows to the area are considered. Combined service provision across long day care and preschool/kindergarten services, and the approximate 1,046 children in the cohort, sees a ratio of children per place of 0.9 - placing the area among the top 20% nationally for supply per child on a resident basis, though closer to ~1.9 once estimated daytime workforce inflow is factored in. Looking at long day care specifically against the under-5 population, the ratio is 1.0 children per place (upper quintile supply). Further breakdowns by age, to help in identifying the most in-need services, show strong LDC provision for the infant and toddler cohort (<3yo) with 1,189 places across 11 facilities serving 702 children while preschool supply is constrained with 1 facility providing 58 places (8.1 children aged 3-4 per place compared to the Greater Melbourne average of 2.6). With projected population growth of 33.0% between now and 2041, and 35.3% in the under 5 age group in particular, 258 new places will be needed to maintain today's ratios. As well as this projected growth, other factors worth noting are high female labour force participation of 66.6%, as well as lower than average income performance.

In assessing child care markets local school supply is a particularly important factor, given school-run convenience, and enrolment vs child care place analysis can provide useful insight into capacity both for parents seeking child care options and child care operators assessing opportunities in an area. The catchment sees a level of school enrolment relative to population of 8.6 per 100 residents with 6,457 enrolments across primary and secondary institutions. A lower-than-typical rate which suggests pressure might be taken off local services somewhat by school hubs in nearby areas. Additionally, the level of school places per child care place (LDC+PSK) is moderate. Out of school hours child care provision is similarly constrained, with 60 places for the 5-12 cohort. Proximity analysis saw distances of local residents to their nearest child care centre being shorter than average while high fees are observed despite adequate supply suggesting premium positioning or quality differentiation.

18 school catchments intersect Melbourne (note; school catchment data provided for public schools only), in which a combined 11,884 children aged under 5 reside, served by 19,015 LDC and preschool places. The overall demand-to-supply ratio across these catchments is 0.6 children per place, with limited variance in this ratio. Meanwhile, the discrepancy in this ratio between Melbourne and the intersecting school catchments highlights the need for a catchment based approach for specific site assessments.

Questions

Frequently asked questions about Melbourne, VIC

What is the median rent in Melbourne, VIC?

The median weekly rent in Melbourne is $639, up 3.8% year on year for the period ending September 2025. The figure comes from the Victorian DFFH rental report.

Is Melbourne, VIC growing?

Districts estimates 74,776 residents in Melbourne, up 19,835 people (+36.1%) from the 2021 Census population of 54,941. Official forecasts indicate another 24,709 residents by 2041.

How much residential development is happening in Melbourne, VIC?

Melbourne averages 264 residential approvals a year, with 1,322 dwellings approved over five years. Residential development activity ranks in the 99th percentile nationally.

What major infrastructure projects are planned near Melbourne, VIC?

Districts tracks 8 major infrastructure projects in and around Melbourne. Infrastructure activity ranks in the 51st percentile nationally. Notable projects include Parkville Materials Handling Building (RMH Parkville) - Decommissioning and Demolition, The Carter Building and Australian Institute for Infectious Disease (AIID).

What development applications are being tracked in Melbourne, VIC?

Districts' assessment of the Port Phillip and Melbourne LGA registers has identified 155 substantial development applications lodged in Melbourne over the past 5 years (20 in the last 12 months). Minor and ancillary works — single dwellings, outbuildings, signage and smaller residential developments — are excluded.

Is housing supply keeping up with population growth in Melbourne, VIC?

New housing supply is running ahead of population growth on a relative basis. Residential development activity ranks in the 99th percentile nationally, while population growth ranks in the 93rd percentile. Melbourne recorded 1,322 dwelling approvals over the past five years, averaging 264 per year.

What is the employment outlook in Melbourne, VIC?

Industry-weighted employment growth of 7.0% is forecast over the next five years based on the local industry mix.

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20262
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
56 hayward ln, melbourne, VIC, 3000$1.42M25 Mar 2026Townhouse32087m²$16,322
U109, 23 queens rd, melbourne, VIC, 3004—2 Jan 2026Apartment211——
20252
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U715, 539 st kilda rd, melbourne, VIC, 3004—17 Nov 2025Apartment32296m²—
43/449-453 st kilda rd, melbourne, VIC, 3004—10 Jan 2025Apartment211106m²—
202410
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
58 hayward ln, melbourne, VIC, 3000$1.26M22 Dec 2024House320——
1202B/81 queens rd, melbourne, VIC, 3004—5 Dec 2024Apartment111——
UPenthouse Level 7, 539 st kilda rd, melbourne, VIC, 3004$1.46M7 Nov 2024Apartment232——
U414, 360 st kilda rd, melbourne, VIC, 3004—28 Aug 2024Apartment111——
1414/35 albert rd, melbourne, VIC, 3004$628K14 Aug 2024Apartment211——
U708, 70 queens rd, melbourne, VIC, 3004—27 June 2024Apartment111——
U5, 19 queens rd, melbourne, VIC, 3004$682K27 Mar 2024Apartment221——
28/449-453 st kilda rd, melbourne, VIC, 3004—15 Mar 2024Apartment321——
U306, 360 st kilda rd, melbourne, VIC, 3004—29 Feb 2024Apartment212——
U18, 75 queens rd, melbourne, VIC, 3004$525K11 Jan 2024Apartment311——
20238
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U1401, 20 queens rd, melbourne, VIC, 3004—29 Nov 2023Apartment335——
124/499 st kilda rd, melbourne, VIC, 3004$1.7M19 Sept 2023Apartment322——
U810, 568 st kilda rd, melbourne, VIC, 3004$650K7 Sept 2023Apartment221——
U65, 604 st kilda rd, melbourne, VIC, 3004—14 June 2023Apartment221——
U31, 27 queens rd, melbourne, VIC, 3004$873K20 May 2023Apartment321——
502/505 st kilda rd, melbourne, VIC, 3004$1.8M19 Apr 2023Apartment332——
U61, 431 st kilda rd, melbourne, VIC, 3004$740K11 Apr 2023Apartment211——
U1213, 576-578 st kilda rd, melbourne, VIC, 3004$1.32M15 Feb 2023Apartment322——
202215
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U12A, 75 queens rd, melbourne, VIC, 3004$373K10 Dec 2022Apartment111——
U222, 539 st kilda rd, melbourne, VIC, 3004—2 Dec 2022Apartment111——
U2, 27 queens rd, melbourne, VIC, 3004$1.12M11 Nov 2022Apartment322——
U107, 15 queens rd, melbourne, VIC, 3004$585K10 Nov 2022Apartment211——
U1205, 442 st kilda rd, melbourne, VIC, 3004$350K2 Nov 2022Apartment111——
605/469 st kilda rd, melbourne, VIC, 3004—31 Oct 2022Unit222——
U1209, 499 st kilda rd, melbourne, VIC, 3004$750K8 Oct 2022Apartment111——
U424, 499 st kilda rd, melbourne, VIC, 3004$1.5M5 Oct 2022Apartment322——
U19, 458 st kilda rd, melbourne, VIC, 3004—6 July 2022Apartment211——
U1319, 555 st kilda rd, melbourne, VIC, 3004$750K27 June 2022Apartment221——
U302, 576-578 st kilda rd, melbourne, VIC, 3004—27 June 2022Apartment322——
U304, 26 queens rd, melbourne, VIC, 3004—15 Apr 2022Apartment321——
U501, 55 queens rd, melbourne, VIC, 3004—7 Apr 2022Apartment212——
1706/12 queens rd, melbourne, VIC, 3004—7 Mar 2022Apartment322——
U33, 29 queens rd, melbourne, VIC, 3004—21 Feb 2022Apartment221——
20215
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
14/60 queens rd, melbourne, VIC, 3004$750K30 Nov 2021Apartment211——
U22, 458 st kilda rd, melbourne, VIC, 3004—31 Mar 2021Apartment211——
U709, 582 st kilda rd, melbourne, VIC, 3004$530K12 Mar 2021Apartment111——
U210, 555 st kilda rd, melbourne, VIC, 3004—7 Feb 2021Apartment221——
U706, 1 roy st, melbourne, VIC, 3004—20 Jan 2021Apartment211——
20205
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
19/618 st kilda rd, melbourne, VIC, 3004$410K20 June 2020Apartment111——
U208, 26 queens rd, melbourne, VIC, 3004$891K30 May 2020Apartment322——
U410, 83 queens rd, melbourne, VIC, 3004$415K11 Mar 2020Apartment111——
117/555 st kilda rd, melbourne, VIC, 3004—2 Feb 2020Apartment211——
U10, 632 st kilda rd, melbourne, VIC, 3004$430K20 Jan 2020Apartment111——
201911
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U618, 74 queens rd, melbourne, VIC, 3004—16 Dec 2019Apartment211——
U1506, 582 st kilda rd, melbourne, VIC, 3004$1.25M8 Nov 2019Apartment323——
U1310, 83 queens rd, melbourne, VIC, 3004$460K31 Oct 2019Apartment111——
U1706, 568 st kilda rd, melbourne, VIC, 3004$448K3 Oct 2019Apartment111——
U1504, 83 queens rd, melbourne, VIC, 3004$550K2 Oct 2019Apartment111——
U402, 23 queens rd, melbourne, VIC, 3004$615K11 Sept 2019Apartment211——
U136, 416 st kilda rd, melbourne, VIC, 3004$387K31 July 2019Apartment111——
U209, 539 st kilda rd, melbourne, VIC, 3004$645K25 June 2019Apartment221——
U706, 478 st kilda rd, melbourne, VIC, 3004$595K28 May 2019Apartment221——
U103, 539 st kilda rd, melbourne, VIC, 3004$690K29 Apr 2019Apartment222——
U1302, 582 st kilda rd, melbourne, VIC, 3004—15 Mar 2019Apartment221——
201815
AddressPriceSoldTypeBedsBathsCarsLand$/m² land
U1104, 576 st kilda rd, melbourne, VIC, 3004—8 Dec 2018Apartment222——
U801, 83 queens rd, melbourne, VIC, 3004—13 Nov 2018Apartment222——
U60, 431 st kilda rd, melbourne, VIC, 3004—8 Nov 2018Apartment211——
U146, 632 st kilda rd, melbourne, VIC, 3004$745K5 Nov 2018Apartment312——
U911, 74 queens rd, melbourne, VIC, 3004—12 Sept 2018Apartment111——
U1010, 594 st kilda rd, melbourne, VIC, 3004$370K31 Aug 2018Apartment111——
U118, 9 commercial rd, melbourne, VIC, 3004—13 Aug 2018Apartment111——
U213, 610 st kilda rd, melbourne, VIC, 3004—23 July 2018Apartment211——
U901, 83 queens rd, melbourne, VIC, 3004$780K21 July 2018Apartment221——
U608, 594 st kilda rd, melbourne, VIC, 3004—5 June 2018Apartment111——
U205, 539 st kilda rd, melbourne, VIC, 3004$550K20 May 2018Apartment221——
UPenthouse5, 431 st kilda rd, melbourne, VIC, 3004$1.42M12 May 2018Apartment322——
U509, 539 st kilda rd, melbourne, VIC, 3004$625K2 May 2018Apartment221——
U713, 539 st kilda rd, melbourne, VIC, 3004$760K27 Apr 2018Apartment222——
U613, 539 st kilda rd, melbourne, VIC, 3004$720K3 Mar 2018Apartment222——

Source: Districts property records · 73 on this page