Check another suburbYour suburb, scored · Data as of Oct 2026
East Melbourne, VIC
R-Score 94 / 100 — ranked #978 of 15,286 suburbs this month
Among the strongest markets in the country right now
Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of East Melbourne →
Investment analysisIs East Melbourne a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →Is East Melbourne a buy right now? Get our verdict + the 5 best streets
Our read on East Melbourne, the Top 5 streets to target, and the score, price, rent and market-speed trends behind it. Instant, free, and a copy lands in your inbox.
- Our read: is East Melbourne a buy right now?
- The Top 5 streets in East Melbourne to target
- 18-month R-Score trend + what's driving it
- 3-year price, rent & days-on-market charts
- Unlocks every Street Score report in East Melbourne
Best Streets in East Melbourne, VIC
Compare every street in East Melbourne (VIC) on the Street Score →
Other High-Scoring Suburbs in Melbourne (VIC)
- DocklandsR-Score 99/100 · Streets →
- South WharfR-Score 99/100 · Streets →
- SouthbankR-Score 98/100 · Streets →
- North MelbourneR-Score 93/100 · Streets →
- West MelbourneR-Score 92/100 · Streets →
- ParkvilleR-Score 91/100 · Streets →
| Indicator | East Melbourne Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 94 / 100 | Ranked #978 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $2,000,000 | +18.3% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $1400/wk | Implies a 3.6% gross rental yield at the current median price |
| Rental Vacancy Rate | 2.1% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 92 days | Part of Melbourne (VIC) council area (LGA avg R-Score 91/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in East Melbourne, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
East Melbourne VIC FAQs
Frequently Asked Questions: Investing in East Melbourne, VIC
Is East Melbourne VIC a good suburb for property investment in 2026?
As of Oct 2026, East Melbourne (VIC 3002) scores 94/100 on the Ripehouse R-Score, ranking #978 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $2,000,000, median rent of $1400/wk, gross yield of 3.6%, and vacancy of 2.1%.
What is the median house price and 12-month growth in East Melbourne VIC?
The current median property price in East Melbourne (VIC) is $2,000,000 (Oct 2026), representing a +18.3% change over the past 12 months. Properties in East Melbourne currently spend a median of 92 days on market.
What is the rental yield and vacancy rate in East Melbourne VIC?
In East Melbourne (VIC), the median weekly asking rent is $1400/wk, producing a gross rental yield of 3.6%. The suburb vacancy rate is 2.1% as of Oct 2026.
What are the best streets in East Melbourne VIC?
Ripehouse Advisory scores every G-NAF street in East Melbourne against the suburb average for owner-occupancy, public housing, rent, and yield. Use the East Melbourne Street Score tool on this page to compare individual streets.
Which council area (LGA) is East Melbourne VIC located in?
East Melbourne (VIC, postcode 3002, 8002) is located in the Melbourne council area (LGA) within Greater Melbourne. Across Melbourne, the council-wide average R-Score is 91/100 across 10 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.