Market snapshot
Suburb insights for Flemington3031
Change suburbFlemington is located 4 km north-west of the CBD. Tram services run along key roads and provide a range of transport options for the residents of Flemington. Centred along Racecourse Road and Pin Oak Crescent are a range of retail and hospitality businesses reflecting the diverse cultures residing in the neighbourhood. A remnant industrial pocket exists south of the spur line containing a mix of storage and showroom-type businesses. The suburb features Debneys Park with frontage to the Moonee Ponds Creek and contains the Flemington Community Centre.
Sales data
Median sale price
$1.2mil
Quarterly price change
9.6%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $977,500 | $881,200 |
| 3 | $1,265,000 | $810,000 |
| 4 | - | $942,350 |
| Insight | Flemington | Metro comparison |
|---|---|---|
| Clearance rate | 100% | 78.5% |
| Days on market | 36 | 42 |
Rental data
Median weekly rent
$650
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Flemington | Metro comparison |
|---|---|---|
| 2 | $623 | $580 |
| 3 | $770 | $550 |
| 4 | - | $600 |
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