What is the housing market like in South Melbourne today?
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Sale Price
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Sale $/Sq. Ft.
Over List Price
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Days on Market
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Down Payment
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Total Homes Sold
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To compare other locations to the South Melbourne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Melbourne add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Home offer insights for South Melbourne
Explore recent offers and recently sold homes in South Melbourne
Recent offers
Schools in South Melbourne
Learn about schools in the South Melbourne area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Melbourne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Melbourne.
Risk Factor
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Melbourne has a minor risk of flooding. 14 properties in South Melbourne are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in South Melbourne. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
South Melbourne has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Melbourne is most at risk from hurricanes. 232 properties in South Melbourne have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 166 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
South Melbourne has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in South Melbourne have an Extreme Heat Factor®.
South Melbourne is expected to see a 228% increase in the number of days over 105ºF over the next 30 years. South Melbourne is expected to experience 7