PropertyEye tracks live listings in Sydney and Brisbane today — Melbourne pages are built from published auction results (2021–2026), our price model and weekly clearance data. Live Melbourne tracking is on the roadmap.
Price model — what the model says a typical home here achieves at auction
| Configuration | Model estimate | Range | Comparable sales |
|---|---|---|---|
| 1-bed unit | $458k | $409k–$515k | 45 |
| 2-bed unit | $692k | $624k–$775k | 45 |
| 3-bed unit | $1.18M | $1.04M–$1.36M | 45 |
| 3-bed house | $1.87M | $1.67M–$2.09M | 90 |
| 4-bed house | $2.23M | $2M–$2.5M | 90 |
| 5-bed house | $2.46M | $2.15M–$2.84M | 90 |
Modelled from 172,805 Australian auction sales (2021–2026). Melbourne cells run on the base model (suburb prior + configuration + time) without the Sydney-only land/school/transport features — ranges are honest about the wider uncertainty. Estimates from comparable auction results — not valuations or financial advice.
Recent comparable sales — the real auction results behind the estimates
Units
| Address | Config | Sold | When |
|---|---|---|---|
| 401/201 Ferrars St | 3 bd · 2 ba | $2,360,000 | May 2025 |
| 113/85 Market St | 2 bd · 1 ba | $581,000 | May 2025 |
| 2/2-4 Heather St | 2 bd · 1 ba | $587,000 | Dec 2024 |
| 58A Napier St | 3 bd · 2 ba | $805,000 | Oct 2024 |
| 803/85 Market St | 2 bd · 2 ba | $600,000 | Aug 2024 |
| 805/50 Albert Rd | 2 bd · 2 ba | $661,000 | May 2024 |
Houses
| Address | Config | Sold | When |
|---|---|---|---|
| 125 Napier St | 2 bd · 1 ba | $1,317,500 | May 2025 |
| Residence 4/230 Ferrars St | 3 bd · 3 ba | $2,000,000 | May 2025 |
| 7 Little Tribe St | 3 bd · 2 ba | $2,125,000 | Feb 2025 |
| 25B Dow St | 2 bd · 2 ba | $1,305,000 | Nov 2024 |
| 5 Nelson Pl | 2 bd · 1 ba | $1,100,000 | Aug 2024 |
| 204 Park St | 3 bd · 2 ba | $1,890,000 | Aug 2024 |
Recent sold auction results in South Melbourne from the price model's training set (published Domain results). A sample, not every sale.
What South Melbourne actually sold for — published auction results, quarter by quarter
Units — median sold price by quarter
Latest quarter $661k (3 sales)
Houses — median sold price by quarter
Latest quarter $1.37M (5 sales)
Quarterly medians of real published auction results (sold outcomes only). Historical results — not a prediction, valuation or financial advice.
Crime — recorded criminal incidents, year ending March 2026
Index 100 — well above the Greater Melbourne average (50 = average) · 186 key incidents per 1,000 residents · year-on-year +10%
Most recorded: Steal from a motor vehicle (610) · Steal from a retail store (296) · Other theft (219)
Key offences: homicide, assault, sexual offences, robbery, property damage, burglary/break-and-enter, theft (CSA subdivisions A10/A20/A30/A70/B20/B30/B40). Rates are per RESIDENT — suburbs with heavy visitor/entertainment traffic (CBD, nightlife strips) read high on this basis. Source: Crime Statistics Agency (Victoria), criminal incidents year ending March 2026 (CC BY 4.0); populations ABS Census 2021 (SAL).
Schools in South Melbourne — located in the suburb (ACARA 2025)
In-suburb enrolments 449 · 5-year trend +23.4% (surging) — total across the schools below; family demand signal, openings/closures counted
| School | Type | Sector | ICSEA |
|---|---|---|---|
| Galilee Regional Catholic Primary School | Primary | Catholic | 1154 |
| Montague School | Special | Government | 983 |
| Youth2Industry College | Secondary | Independent | 1033 |
Schools whose ADDRESS is in South Melbourne — residents are often zoned to schools in neighbouring suburbs too; check the actual zone for any address at findmyschool.vic.gov.au. ICSEA is the socio-educational advantage of a school's community (national average ~1000) — a demographic measure, not a quality or results score.
Getting to the CBD — peak, from the suburb centre
About ~33 min door-to-CBD: 28 min walk to Southern Cross (train) + ~1 min typical peak wait + 4 min scheduled ride.
PTV GTFS (metropolitan train + tram) (open data) — scheduled weekday services, rail family only (buses excluded); walk = suburb centre to nearest station, crow-flies ×1.3 at 80 m/min; wait = half AM-peak headway capped at 6 min; ride = median scheduled time to the CBD hub. Estimates for the suburb CENTRE — your block differs.
Stock history — homes listed for sale in South Melbourne, archived Domain pages
Domain archive (monthly) 2016-05-18 → 2026-06-13 · 62 monthly points
62 monthly points from archived Domain search pages, 2016-05-18 → 2026-06-13 (Domain-only — systematically lower than the total market; archive coverage has gaps and they stay visible as gaps). Historical record, not a live count — live Melbourne tracking is on the roadmap.
Auction market pace — Melbourne weekly clearance
Benchmark series (Domain): week to 2026-10-31 — 55.8% of 382 reported auctions. Our own tracking (withdrawn counted): week to 2026-10-31 — 48% of 470 scheduled. Lower clearance generally means more room for buyers to negotiate.
Suburb breakdown — trailing 8 weeks, our tracking, withdrawn counted
| Suburb | Clearance | Withdrawn | Auctions |
|---|---|---|---|
| Reservoir | 51% | 11% | 72 |
| Craigieburn | 47% | 10% | 70 |
| Glen Waverley | 46% | 13% | 69 |
| Wollert | 55% | 6% | 69 |
| Richmond | 52% | 16% | 64 |
| Mount Waverley | 56% | 8% | 63 |
| Epping | 47% | 12% | 57 |
| Bentleigh East | 53% | 9% | 55 |
| Mickleham | 15% | 32% | 53 |
| Camberwell | 42% | 8% | 50 |
Recent auction addresses in South Melbourne
Every address links to its own page — published results, price estimate, suburb context.
39 Tribe St · 2110/50 Albert Rd · 104 Iffla St · 85 Cobden St · 121-123 Nelson Rd · 2/396 Clarendon St · 7 Morris St · 20 Dow St · 15 Ferrars Pl
All figures derive from published auction results and public data — estimates only, not financial advice.