Property value in Sutherland Street, Melbourne VIC 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 4 parks covering nearly 0.7% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016. Currently the median sales price of houses in the area is $696,000.
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