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Hughesdale (VIC) property development snapshot

GoSiteHunt Research · Victoria · Southern Melbourne · sales Apr-Jun 2025 · rents moving annual median, year to Sep 2025

$1,500,000
Median house price · Apr-Jun 2025
+15.4%
Median change, year on year
10
House sales in the period
$730/wk
Median rent · 3-bed houses
2.5%
Indicative gross yield

Median rents by bedroom — Murrumbeena-Hughesdale rental area

Type1-bed2-bed3-bed4+ bedAll
House$590/wk (23 bonds)$730/wk (85 bonds)$1050/wk (50 bonds)
Unit$405/wk (197 bonds)$570/wk (248 bonds)$750/wk (59 bonds)

Bond-lodgement medians from the Homes Victoria Rental Report, Victorian Government (CC BY 4.0), moving annual median, year to Sep 2025. "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

At around 2.5% gross, rent barely registers against the $1,500,000 median — this is an end-value-led market. A feasibility in Hughesdale stands or falls on the sale price of the finished product, and holding costs bite harder while you build. The +15.4% year-on-year move comes off only 10 sales — too thin a sample to trust as momentum, so weight it accordingly. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Hughesdale.

This page is suburb-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related suburb snapshots: Aspendale · Beaumaris · Bentleigh

State-wide ranking: Victoria Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Suburb-level sale medians from the Valuer-General's quarterly series (published in arrears). Rents are Homes Victoria bond medians, published for grouped suburb areas — where shown, the rent row names the group. Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: Victorian Property Sales Report, Valuer-General Victoria / DTP (CC BY 4.0) · Homes Victoria Rental Report, Victorian Government (CC BY 4.0) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.