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Melbourne City Centre, Australia
Full City Profile
4.3
/5.0
A
Great
60,057
Population
23,927/sq mi density
105 ft
Elevation
32 meters
59°F
Avg Temperature
15°C
A
Overall
4.3 / 5.0
Strong
B+
Economy
3.7 / 5.0
$65,058 median income, 4.1% unemployment
A+
Affordability
4.8 / 5.0
$214,600 home value, $1,073/mo rent
Housing Overview
Median Home Value
$214,600
24% below
US avg: $281,900
Median Rent
$1,073/mo
8% below
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
24,023
Ownership vs. Renting
66.0%
Owner-Occupied
34.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $214,600 |
Rent
| Census Median Rent | $1,073 |
Market
Ownership & Stock
| Owner-Occupied | 66.0% |
| Renter-Occupied | 34.0% |
| Homeownership Rate | 66.0% |
| Total Housing Units | 24,023 |