Property market comparison · AI-modeled estimates
Modeled price per m² in Melbourne is €2,200 lower than in Sydney.
Modeled gross rental yield in Melbourne is 1.6 percentage points higher than in Sydney.
Why compare these cities? Nearby in the same country · Similar population
Approximately 713 km apart by straight-line distance.
| Metric |
Sydney
Australia
|
Melbourne
Australia
|
|---|---|---|
| Gross rental yield | 3.2% | 4.8% |
| Total modeled return (yield + growth) | 5.2% | 8.3% |
| Average property price | €950,000 | €600,000 |
| Average monthly rent | €2,500 | €2,400 |
| Price per m² | €7,000 | €4,800 |
| Population | 5,312,163 | 5,078,193 |
| Market data updated | 2026-11-06 | 2026-11-06 |
City-wide averages can reflect different property mixes. These estimates are not a like-for-like property valuation. See the methodology.