Market snapshot
Suburb insights for Sydenham3037
Change suburbSydenham is located 21 km north-west of the CBD. Located in Melbourne's north-west growth corridor on the Melton Hwy and the Sunbury railway line Sydenham is a new suburb that features a young population predominantly comprised of families. Sydenham is currently undergoing significant population growth on the tail of the rapid residential development. The suburb is also developing an industrial base with the proposed Calder Park Industrial Estate.
Sales data
Median sale price
$710k
Quarterly price change
4.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Sydenham | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $641,000 | $807,000 |
| 4 | $754,500 | $950,000 |
| Insight | Sydenham | Metro comparison |
|---|---|---|
| Clearance rate | 85% | 72.6% |
| Days on market | 33 | 43 |
Rental data
Median weekly rent
$490
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Sydenham | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $480 | $550 |
| 4 | $575 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.