City of MorelandEconomic profile
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City of Moreland

Housing prices

At June 2016, the median house valuation in the City of Moreland was $185,529 higher compared to Victoria.

This indicator shows the value of houses and units in the City of Moreland and wider region during the period 2011-2016. Housing values are an indicator of the level of demand for housing in the area, as well as the type of housing available. Housing demand may be related to the desirability of the area and proximity to major employment destinations.

Value of houses
Value of houses Victoria: $450,955 Victoria: $434,894 Victoria: $424,044 Victoria: $451,630 Victoria: $474,887 Victoria: $522,857 Victoria: $604,680 Greater Melbourne: $543,193 Greater Melbourne: $515,646 Greater Melbourne: $498,619 Greater Melbourne: $539,700 Greater Melbourne: $582,067 Greater Melbourne: $650,140 Greater Melbourne: $756,971 City of Moreland: $628,737 City of Moreland: $590,390 City of Moreland: $575,948 City of Moreland: $637,159 City of Moreland: $698,995 City of Moreland: $766,697 City of Moreland: $911,605
Source: Hometrack 2011-2016, Housing Valuation System
Value of units
Value of units Victoria: $410,576 Victoria: $395,676 Victoria: $386,032 Victoria: $423,673 Victoria: $438,867 Victoria: $463,503 Victoria: $496,468 Greater Melbourne: $440,801 Greater Melbourne: $423,013 Greater Melbourne: $410,461 Greater Melbourne: $449,745 Greater Melbourne: $466,412 Greater Melbourne: $490,558 Greater Melbourne: $523,246 City of Moreland: $412,913 City of Moreland: $404,381 City of Moreland: $391,693 City of Moreland: $413,654 City of Moreland: $421,593 City of Moreland: $444,620 City of Moreland: $482,218
Source: Hometrack 2011-2016, Housing Valuation System
Median housing value
HousesUnits
Year (at June)City of MorelandGreater MelbourneVictoriaCity of MorelandGreater MelbourneVictoria
2017$911,605$756,971$604,680$482,218$523,246$496,468
2016$766,697$650,140$522,857$444,620$490,558$463,503
2015$698,995$582,067$474,887$421,593$466,412$438,867
2014$637,159$539,700$451,630$413,654$449,745$423,673
2013$575,948$498,619$424,044$391,693$410,461$386,032
2012$590,390$515,646$434,894$404,381$423,013$395,676
2011$628,737$543,193$450,955$412,913$440,801$410,576

Source: Hometrack 2011-2016, Housing Valuation System.

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