East Melbourne

East Melbourne

VIC 3002
East Melbourne is an affluent inner-city suburb located just 2 km east of Melbourne's Central Business District. With a population of 4,896 recorded in the 2021 census, this small and prestigious area is known for its significant government, health, and religious institutions. The suburb is home to the Parliament of Victoria and offices of the Victoria State Government, situated on the picturesque Eastern Hill. One of the most notable landmarks in East Melbourne is the world-famous Melbourne Cricket Ground (MCG), located in the nearby Jolimont locality. East Melbourne boasts some of the oldest Victorian homes and terrace houses in Melbourne, giving the area a sense of historical charm. It is also characterized by well-established parks and gardens, including the Treasury Gardens and the Fitzroy Gardens. The suburb's proximity to the city center and its relatively unspoiled streetscapes make its property highly sought after. In terms of education, East Melbourne was historically home to several prestigious schools such as Scotch College and St Patrick's College. The suburb is also well-served by public transport, with major tram lines and railway stations connecting it to the CBD and other areas of Melbourne. With its rich history, beautiful architecture, and convenient location, East Melbourne offers a desirable and exclusive lifestyle for residents.
AREA
1.8557 km2
POPULATION
4,896
OWNER OCCUPIED %
45%
LARGEST AGE GROUP
40-50
MEDIAN MONTHLY MORTGAGE
$2,383
MEDIAN WEEKLY RENT
$650

East Melbourne Market Trends & Statistics

Recent Median Prices
Previous quarter
Houses
-44.56%
$1,885,000
Units
10.02%
$730,000
Housing Stock Breakdown
Suburb market composition
7,026
Properties
30.83% Houses (2,166)
69.17% Units (4,860)

Rental properties in East Melbourne

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