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City of Banyule

Viewbank

Viewbank Property Market
& Suburb Profile

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MEDIAN PRICES IN VIEWBANK

Median house price

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

House price change

(all agencies, last 12 months)-3.22%

Median unit price

(all agencies, last 12 months)$810k*

Unit price change

(all agencies, last 12 months)+7.28%

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

VIEWBANK price TRACKER

HousesUnits

Viewbank sales overview

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

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)25

Auction clearance rate in Viewbank

(all agencies, last 12 months)100%

Average held period in Viewbank

(proptrack)16 years

Viewbank Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$706pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$552pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.04%

Average rental yield for Units

(all agencies, last 12 months)3.91%

Viewbank total population size

(as at the last census)7,030

Median household size in Viewbank

(as at the last census)2.8

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

Viewbank property types

  • Houses 57%
  • Units 9%
  • Other 34%

OCCUPANCY in Viewbank

  • Owned 85%
  • Rented 13%
  • Other/Not Stated 2%
  • Singles 18%
  • Families 80%
  • Other 1%

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About Viewbank

Viewbank is a highly desirable, elevated residential suburb located approximately 14 to 16 kilometres northeast of the Melbourne CBD, renowned for its spectacular scenic views, abundant parklands, and exceptional educational credentials that cement its reputation as a premium family location.

The suburb is defined by its undulating, leafy streets and a housing stock primarily composed of spacious, modern and architecturally interesting family homes, often set on generous blocks to take advantage of the vistas across the surrounding valleys and the Yarra River.

Its lifestyle is intrinsically linked to the outdoors, with significant green spaces including the magnificent Yarra River frontage, Price Park, and the extensive network of walking and cycling trails, providing residents with unparalleled recreational opportunities.

A key driver of property demand is the highly sought-after Viewbank College zone, which, along with excellent local primary schools, ensures the suburb remains a priority for families focused on quality education and future opportunities.

While the suburb maintains a peaceful, residential feel, residents are only a short drive from the comprehensive retail and dining options of nearby Rosanna Village, Burgundy Street in Heidelberg, and the major retail hub of Greensborough Plaza.

Connectivity is facilitated by efficient bus services linking to nearby Heidelberg and Rosanna train stations on the Hurstbridge Line, allowing for a manageable commute into the city, making Viewbank an enduringly popular and stable market for high-end owner-occupiers and investors alike.

Education

Viewbank College
Viewbank Primary School
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Sales Comparison

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

Viewbank MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202599$990,500-3.21%75$629pw3.48%
2024117$985,0000.76%92$605pw3.43%
202387$960,500-0.75%84$573pw3.31%
202298$958,750-1.92%93$512pw3.04%
2021116$954,25024.21%87$476pw2.69%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202599$990,500-3.21%
2024117$985,000+0.76%
202387$960,500-0.75%
202298$958,750-1.92%
2021116$954,250+24.21%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202575$629pw3.48%
202492$605pw3.43%
202384$573pw3.31%
202293$512pw3.04%
202187$476pw2.69%

Browse more suburbs

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NEWS & INSIGHTS

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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 October 2024 to 31 October 2025, last updated 31 October 2025.