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City of Melbourne
Flemington

Flemington Property Market
& Suburb Profile

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MEDIAN PRICES IN FLEMINGTON

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+7.91%

Median unit price

(all agencies, last 12 months)$753k*

Unit price change

(all agencies, last 12 months)+71.51%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

FLEMINGTON PRICE TRACKER

HousesUnits

FLEMINGTON SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)29

Auction clearance rate in Flemington

(all agencies, last 12 months)100%

Average held period in Flemington

(proptrack)13 years

FLEMINGTON INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$749pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$518pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.21%

Average rental yield for Units

(all agencies, last 12 months)5.58%

Flemington total population size

(as at the last census)7,025

Median household size in Flemington

(as at the last census)2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

FLEMINGTON PROPERTY TYPES

  • Houses 19%
  • Units 45%
  • Other 36%

OCCUPANCY IN FLEMINGTON

  • Owned 37%
  • Rented 61%
  • Other/Not Stated 2%
  • Singles 42%
  • Families 50%
  • Other 7%

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ABOUT FLEMINGTON

The suburb of Flemington has been a part of the Melbourne landscape since 1839, and continues to play a prominent role today, particularly for those home buyers who value convenient access to a wide range of services and amenities.

Renowned for its famous racecourse and national event held each November, the Flemington of the 21st century is a place that is well serviced by a range of public transport options, and countless café options.

It is a place terrace houses and semi-detached homes, many dating back to the Victorian and Edwardian eras, are mixed with numerous walk-up flats built during the 1960s and 1970s, ensuring that everyone from first home buyers to retirees can find their own place in Flemington.

Education

Debney Meadows Primary School
Flemington Primary School
Mount Alexander 7-12 College
St Brendan's School
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SALES COMPARISON

Find out how Flemington median sales prices compare to neighbouring suburbs.

FLEMINGTON MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025271$956,2507.91%394$634pw4.39%
2024203$737,5005.70%389$605pw4.32%
2023156$738,523-7.84%475$592pw4.21%
2022162$780,563-11.79%522$530pw3.79%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025271$956,250+7.91%
2024203$737,500+5.70%
2023156$738,523-7.84%
2022162$780,563-11.79%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025394$634pw4.39%
2024389$605pw4.32%
2023475$592pw4.21%
2022522$530pw3.79%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.