Maribyrnong City, VIC

Maribyrnong is a local government area in Melbourne, Australia. It encompasses the inner western suburbs, which are located between 5 and 10 kilometers from Melbourne’s central business district. The local property market is a mix of medium to high-density dwellings, with a few detached houses scattered throughout.

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The LGA is home to a range of businesses, including light industry and retail, and has good transport links to the CBD. Property in the City is typically older, with smaller blocks and less modern infrastructure than in other parts of Melbourne.

The market is relatively affordable, with a mix of entry-level and premium properties. The area is popular with young families and professionals, and is well-serviced by public transport and local amenities.

The Maribyrnong LGA economy is based on manufacturing, trade, and services. The city is home to many industrial and commercial businesses. In addition Maribyrnong has a large retail sector, with major shopping centres such as Highpoint and Watergardens.

Professionals account for 28.7 % of employment in Maribyrnong, followed by managers (13.4 %), clerical and administrative workers (12.7 %), community and personal service workers (10.4 %), and technicians and trades workers (10.0 %).Maribyrnong’s typical weekly personal income for residents aged 15 years and older is $703.

The local property market is is characterised by its mix of older, established homes and newer, suburban development. In Maribyrnong, 51.1 % of occupied private residences are detached houses, 24.3 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 23.6 % are flats or apartments, and 0.6 % are other housing.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
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Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Maribyrnong City, VIC

What other property markets are there near Maribyrnong City, VIC?

Maribyrnong City is surrounded by 4 other council areas – Brimbank, Moonee Valley, Melbourne, Hobsons Bay.

Suburbs/localities in this Local Government Area: AbbeKingsville 3012, Maidstone 3012, Maribyrnong 3032, Seddon 3011, Tottenham 3012, West Footscray 3012, Yarraville 3013, Braybrook 3019, Footscray 3011

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