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East Melbourne, Australia
Full City Profile
3.6
/5.0
B+
Good
6,196
Population
1/sq mi density
105 ft
Elevation
32 meters
59°F
Avg Temperature
15°C
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$51,782 median income, 3.1% unemployment
B+
Affordability
3.7 / 5.0
$270,400 home value, $1,352/mo rent
Housing Overview
Median Home Value
$270,400
4% below
US avg: $281,900
Median Rent
$1,352/mo
16% above
US avg: $1,163/mo
Homeownership Rate
45.9%
30% below US avg (65.4%)
Total Housing Units
2,478
Ownership vs. Renting
45.9%
Owner-Occupied
54.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $270,400 |
Rent
| Census Median Rent | $1,352 |
Market
Ownership & Stock
| Owner-Occupied | 45.9% |
| Renter-Occupied | 54.1% |
| Homeownership Rate | 45.9% |
| Total Housing Units | 2,478 |