South Melbourne property market
VIC · 3205
South Melbourne VIC 3205: house prices, price growth and selling guidance. Median house price $1.93M with 25.9% annual growth. See how much your home is worth today.
Frequently asked questions about South Melbourne
What is the median house price in South Melbourne?
The median house price in South Melbourne is $1.93M (2026). Prices have grown 25.9% over the past 12 months. The price range typically runs from around $1.35M for entry-level properties to over $3.00M for premium homes.
What is the median unit price in South Melbourne?
The median unit price in South Melbourne is $630k (2026). Units make up 64% of the local stock and attract a different buyer pool to the house market.