South Melbourne

33 active listings · Updated 06/11/2026

Negotiation Openness Score

Seller Holds FirmStrong Buyer Leverage

3.7 / 10

21

Median Days on Market

34

75th Percentile DOM

18%

Stale (>60 days)

33

Active Listings

27.5

Median DOM to Delist

41.2

75th %ile DOM to Delist

16

Recent Delistings

0

Agency Switches

Price Signals

4

Properties with Price Drop

-6.5%

Avg Price Drop

10.0

Weeks of Inventory

Bang for Your Buck

Education value score (NAPLAN percentile ÷ median price)

4.5

Rank #149 of 254

3BR Asking Median

$1,650,000

Observed from 1 active listing · not a verified sale median

Avg NAPLAN

484

State Rank

#149 of 254

This week · 2026-W40

Source-backed draft

South Melbourne: weekly property update

South Melbourne had 2 new listings and 4 changes to flagged listings this week.

2 new listings entered the tracked market this week: 21/70 Albert Road; 254 Albert Road, South Melbourne (Kay & Burton).

4 flagged listings changed: 210/38 Bank Street SOUTH MELBOURNE VIC (Sweeney Estate Agents), now flagged as listed for more than 60 days, no longer listed for more than 30 days, on the market 67 days; 2701/259 Normanby Road (Marshall White), newly flagged as listed for more than 60 days; 28 Albert Road (Marshall White), newly flagged as listed for more than 60 days; 703/51 Thistlethwaite Street (Marshall White), now flagged as listed for more than 60 days, on the market 73 days.

Newly entered (2)

Updated flagged properties (4)

This is a change report from the weekly data refresh; verify the listing details with the selling agent.