Melbourne Council

In Melbourne, there were 2,434 sale listings and 2,792 lease listings available last month. The median sale price for houses was $1,514,000 and for units was $602,000 over the last year. The median weekly lease price for houses was $730 and for units was $600 over the last year.

Location Profiles
VIC
Melbourne Council

INTRODUCTION

RECENTLY LISTED

SUBURBS

The Melbourne council area is characterized by a youthful demographic, particularly in the 20-29 age group. The area's workforce is diverse, with a high number of professionals and managers. Family households in the area are primarily composed of childless couples and couples with children. Moreover, a majority of households have affordable mortgage repayments, with over 70% spending less than 30% of their income on repayments.

The City of Melbourne is a local government area in Victoria, Australia, located in the central city area. It covers an area of 37.7 square kilometres and had a population of 149,615 in 2021. The city's motto is 'vires acquirit eundo' which means 'we gather strength as we go'. Melbourne was founded in 1835, during the reign of King William IV, following the arrival of the schooner Enterprize near the present site of the Queen's Wharf. The Melbourne City Council (MCC) operates from the Melbourne Town Hall. The Melbourne council area is characterized by a youthful demographic, particularly in the 20-29 age group. The area's workforce is diverse, with a high number of professionals and managers. Family households in the area are primarily composed of childless couples and couples with children. Moreover, a majority of households have affordable mortgage repayments, with over 70% spending less than 30% of their income on repayments.