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City of Port Phillip

Middle Park

Middle Park Property Market
& Suburb Profile

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MEDIAN PRICES IN MIDDLE PARK

Median house price

(all agencies, last 12 months)$2.7m*

House price change

(all agencies, last 12 months)-1.28%

Median unit price

(all agencies, last 12 months)$1.1m*

Unit price change

(all agencies, last 12 months)+37.01%

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

MIDDLE PARK price TRACKER

HousesUnits

Middle Park sales overview

  • Sold by Auction 33%
  • Sold by Private Sale or Other Method 67%
  • (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)27

Auction clearance rate in Middle Park

(all agencies, last 12 months)33%

Average held period in Middle Park

(proptrack)14 years

Middle Park Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,238pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$648pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)2.16%

Average rental yield for Units

(all agencies, last 12 months)4.33%

Middle Park total population size

(as at the last census)4,000

Median household size in Middle Park

(as at the last census)2.3

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

Middle Park property types

  • Houses 46%
  • Units 20%
  • Other 34%

OCCUPANCY in Middle Park

  • Owned 66%
  • Rented 32%
  • Other/Not Stated 2%
  • Singles 30%
  • Families 68%
  • Other 2%

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About Middle Park

Middle Park is an inner suburb of Melbourne, Victoria, Australia, 4 km south of Melbourne's Central Business District. Its local government area is the City of Port Phillip.

It is located between Port Phillip and Albert Park Lake, which is about halfway across the western side of the Albert Park Reserve (a state park), hence the name "Middle" Park.

It is bordered by Canterbury Road to the east, Mills Street to the north, Fraser Street to the south and Beaconsfield Parade to the west.

Middle Park, along with neighbouring Albert Park, contains some of the best preserved terrace house and Victorian architecture in Melbourne and is part of a strict heritage-conservation area. Many of the terraces line Canterbury Road, along the former railway line, which now has several more tram light rail stops since it was converted to tram use in 1987. Others are along the main shopping street, Armstrong Street. The fine old buildings and development restrictions in the area and new developments are generally sympathetic to the prevailing style, driving up real-estate prices dramatically, in marked contrast with neighbouring St Kilda.

Middle Park is served by Route 12 which runs along Danks & Mills Streets, as well as Route 96 which runs parallel to Canterbury Road. Bus route 606 from Fishermans Bend to Elsternwick also runs through Middle Park. Port Phillip City Council also lays on a regular community bus linking the town halls, libraries, community centres and shopping facilities.

Reference: Wikipedia

Education

Middle Park Primary School
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Middle Park MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025105$1,877,500-1.28%133$943pw3.25%
202493$1,733,5003.69%143$924pw3.18%
202371$1,658,125-9.64%155$888pw2.95%
2022123$1,733,750-3.10%187$842pw2.74%
2021100$2,219,0006.09%205$714pw2.25%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025105$1,877,500-1.28%
202493$1,733,500+3.69%
202371$1,658,125-9.64%
2022123$1,733,750-3.10%
2021100$2,219,000+6.09%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025133$943pw3.25%
2024143$924pw3.18%
2023155$888pw2.95%
2022187$842pw2.74%
2021205$714pw2.25%

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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.