Victoria
- There are around 6,502,955 residents living in Victoria
- Most residents are families, with 22% aged under 18 years old
- Majority of homes are detached houses lived in by mortgaged owners
Property price trends
These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic
$806,167
House median sale price
2.8% Decline
L
ast 12 months
$592,100
Unit median sale price
1% Decline
L
ast 12 months
Median price trend
This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.
Showing the trend for house prices over the last 5 years. Source: CoreLogic
Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
40 Days
House median days on market
40 Days
Unit median days on market
120,486 Properties
Sold in last 12 months
49,221 Properties
Available in the last month
State snapshot
There are around 6,502,955 people living in Victoria, most residents are families, predominantly living in detached houses. The most common occupations for locals are managers, professionals, and technicians and trades workers, and the average income band for majority of residents sits between $35k - $78k.
Last month Victoria had 49,221 properties on sale, with 120,486 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $806,167, which has decreased by 2.8%. The median sale price for units has been around $592,100 and has decreased by 1%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Victoria is around $550 and has increased by 11.1% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $540 and has increased by 12.5%.
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Victoria residents
Key characteristics of the residents in the area, open the breakdown to see more detail for each category.
Under 18
Is the most common age range
Mortgaged Owners
Most common occupant type
Families
Most common household profile
Managers
Most common occupation
Detached Houses
Most common property type
Occupant status
This may indicate the likelihood of long term residence as owners are less likely to move. The most common are mortgaged owners.
2,436,965
Total properties
Mortgaged Owners
(35%)
Outright Owners
(31%)
Renters
(27%)
Other
(7%)
Community Housing
(0%)
Property types
This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.
2,800,991
Total properties
Detached Houses
(70%)
Apartments
(16%)
Townhouses
(13%)
Other
(1%)
Age ranges
This may indicate what stage of life these residents are at. The most common is under 18.
Under 18
19-30
31-40
41-50
51-60
60+
Household profiles
This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is families.
Lone Parents
Couples
Families
Singles
Other
Individual yearly income
This may indicate the affluence of individuals in the area. The average income band is $35k - $78k per year.
4,346,361
individuals
$35k - $78k
(37%)
$0k - $34k
(36%)
$79k - $103k
(12%)
$104k - $182k
(11%)
$182k+
(4%)
Occupations
The top 5 occupations in Victoria.
1
2
3
4
5
Explore areas in Victoria
Discover council areas in the state of Victoria
Alpine Council
(38 suburbs)
Median House: $844,804
Median Unit: $528,621
Ararat Council
(37 suburbs)
Median House: $350,175
Median Unit: $310,330
Ballarat Council
(56 suburbs)
Median House: $574,453
Median Unit: $358,363
Banyule Council
(18 suburbs)
Median House: $1,120,464
Median Unit: $766,397
Bass Coast Council
(45 suburbs)
Median House: $726,965
Median Unit: $510,255
Baw Baw Council
(83 suburbs)
Median House: $658,619
Median Unit: $421,857
Bayside Council
(8 suburbs)
Median House: $2,212,293
Median Unit: $973,319
Benalla Council
(32 suburbs)
Median House: $445,143
Median Unit: $327,330
Boroondara Council
(12 suburbs)
Median House: $2,473,237
Median Unit: $780,254
Brimbank Council
(21 suburbs)
Median House: $707,245
Median Unit: $505,903
Buloke Council
(80 suburbs)
Median House: $219,880
Median Unit: $350,967
Campaspe Council
(51 suburbs)
Median House: $480,772
Median Unit: $403,082
Cardinia Council
(42 suburbs)
Median House: $742,909
Median Unit: $512,798
Casey Council
(28 suburbs)
Median House: $788,159
Median Unit: $555,853
Central Goldfields Council
(37 suburbs)
Median House: $370,299
Median Unit: $293,276
Colac Otway Council
(71 suburbs)
Median House: $608,365
Median Unit: $445,863
Corangamite Council
(66 suburbs)
Median House: $417,153
Median Unit: $407,182
Darebin Council
(7 suburbs)
Median House: $1,250,652
Median Unit: $602,085
East Gippsland Council
(141 suburbs)
Median House: $544,072
Median Unit: $370,688
Frankston Council
(9 suburbs)
Median House: $795,117
Median Unit: $556,664
Gannawarra Council
(49 suburbs)
Median House: $333,822
Median Unit: $286,514
Glen Eira Council
(13 suburbs)
Median House: $1,762,490
Median Unit: $679,326
Glenelg Council
(52 suburbs)
Median House: $401,040
Median Unit: $282,986
Golden Plains Council
(50 suburbs)
Median House: $862,927
Median Unit: $431,331
Greater Bendigo Council
(73 suburbs)
Median House: $577,414
Median Unit: $377,632
Greater Dandenong Council
(9 suburbs)
Median House: $818,434
Median Unit: $510,923
Greater Geelong Council
(58 suburbs)
Median House: $739,817
Median Unit: $516,679
Greater Shepparton Council
(52 suburbs)
Median House: $510,148
Median Unit: $340,467
Hepburn Council
(57 suburbs)
Median House: $774,473
Median Unit: $540,991
Hindmarsh Council
(16 suburbs)
Median House: $226,521
Median Unit: $313,639
Hobsons Bay Council
(12 suburbs)
Median House: $953,388
Median Unit: $666,606
Horsham Council
(32 suburbs)
Median House: $388,379
Median Unit: $322,763
Hume Council
(22 suburbs)
Median House: $689,654
Median Unit: $471,379
Indigo Council
(28 suburbs)
Median House: $690,408
Median Unit: $427,107
Kingston Council
(20 suburbs)
Median House: $1,169,151
Median Unit: $696,156
Knox Council
(11 suburbs)
Median House: $1,013,681
Median Unit: $658,678
Latrobe Council
(36 suburbs)
Median House: $426,669
Median Unit: $308,015
Loddon Council
(85 suburbs)
Median House: $339,973
Median Unit: $215,114
Macedon Ranges Council
(42 suburbs)
Median House: $915,282
Median Unit: $529,405
Manningham Council
(10 suburbs)
Median House: $1,469,884
Median Unit: $846,642
Mansfield Council
(32 suburbs)
Median House: $743,810
Median Unit: $497,343
Maribyrnong Council
(9 suburbs)
Median House: $988,279
Median Unit: $543,121
Maroondah Council
(11 suburbs)
Median House: $1,021,682
Median Unit: $661,963
Melbourne Council
(10 suburbs)
Median House: $1,239,380
Median Unit: $486,439
Melton Council
(27 suburbs)
Median House: $646,295
Median Unit: $462,919
Merri-bek Council
(12 suburbs)
Median House: N/A
Median Unit: N/A
Mildura Council
(39 suburbs)
Median House: $475,939
Median Unit: $314,363
Mitchell Council
(33 suburbs)
Median House: $645,595
Median Unit: $418,873
Moira Council
(53 suburbs)
Median House: $509,429
Median Unit: $354,835
Monash Council
(13 suburbs)
Median House: $1,460,497
Median Unit: $805,575
Moonee Valley Council
(15 suburbs)
Median House: $1,282,291
Median Unit: $582,334
Moorabool Council
(52 suburbs)
Median House: $665,305
Median Unit: $405,860
Mornington Peninsula Council
(39 suburbs)
Median House: $1,086,536
Median Unit: $713,146
Mount Alexander Council
(46 suburbs)
Median House: $721,734
Median Unit: $514,468
Moyne Council
(65 suburbs)
Median House: $747,975
Median Unit: $455,135
Murrindindi Council
(40 suburbs)
Median House: $600,689
Median Unit: $398,574
Nillumbik Council
(20 suburbs)
Median House: $1,195,054
Median Unit: $758,017
Northern Grampians Council
(73 suburbs)
Median House: $326,547
Median Unit: $304,255
Port Phillip Council
(10 suburbs)
Median House: $1,833,017
Median Unit: $599,205
Pyrenees Council
(49 suburbs)
Median House: $434,779
Median Unit: $405,473
Queenscliffe Council
(2 suburbs)
Median House: $1,409,816
Median Unit: $751,175
South Gippsland Council
(77 suburbs)
Median House: $587,749
Median Unit: $439,152
Southern Grampians Council
(57 suburbs)
Median House: $359,601
Median Unit: $281,046
Stonnington Council
(8 suburbs)
Median House: $2,403,500
Median Unit: $625,111
Strathbogie Council
(42 suburbs)
Median House: $560,325
Median Unit: $386,168
Surf Coast Council
(29 suburbs)
Median House: $1,381,670
Median Unit: $946,387
Swan Hill Council
(60 suburbs)
Median House: $411,666
Median Unit: $366,186
Towong Council
(37 suburbs)
Median House: $420,330
Median Unit: $360,731
Wangaratta Council
(52 suburbs)
Median House: $519,212
Median Unit: $353,323
Warrnambool Council
(6 suburbs)
Median House: $594,097
Median Unit: $439,990
Wellington Council
(122 suburbs)
Median House: $478,552
Median Unit: $329,012
West Wimmera Council
(33 suburbs)
Median House: $271,990
Median Unit: $382,404
Whitehorse Council
(15 suburbs)
Median House: $1,350,332
Median Unit: $752,187
Whittlesea Council
(15 suburbs)
Median House: $744,782
Median Unit: $507,923
Wodonga Council
(12 suburbs)
Median House: $605,621
Median Unit: $365,708
Wyndham Council
(15 suburbs)
Median House: $680,507
Median Unit: $458,715
Yarra Council
(10 suburbs)
Median House: $1,470,108
Median Unit: $657,534
Yarra Ranges Council
(61 suburbs)
Median House: $895,339
Median Unit: $661,373
Yarriambiack Council
(28 suburbs)
Median House: $201,690
Median Unit: $280,551
Learn about Victoria
Articles to help you understand key information about buying a home in the state.
Where are first-home buyers buying in 2025, and why?
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VIC Property Market Forecast 2025: Growth suburbs, high-yield hotspots, and investment opportunities
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First home buyer grants and concessions in Victoria
Wondering what government grants and concesssions are available to first home buyers in Victoria? Read about the eligibility criteria and see if you qualify.
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How does stamp duty work in Victoria?
Buying property in Victoria? Get prepared to pay stamp duty. Here's how it works, what you could be charged and whether you could be eligible for concessions.
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