Moonee Valley · 3031
Flemington, VIC
listings tightening 7.0% YoY, population +7.8% (5y).
NextSuburb scoreTier D
39Below trend
Median house
$1.04M
5y growth
0.7%/yr
Gross yield
1.5%
Vacancy
1.3%
Late-cycle holdMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)0.7%/yr7/100
- Population growth+7.8% (5y)78/100
- Supply tightening-7.0% YoY85/100
- Rental yield1.5%30/100
- Rental demand1.3% vacancy68/100
- Income growth+17.0% (5y)68/100
- Construction pipeline$0.0bn nearby0/100
- Affordability31% under cap31/100
Why this score
Flemington scores 39/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 17.0% income growth. The standout watch-out: gross yield of 1.5% leaves modest cashflow.
Drivers
- Supply tightening-7.0% YoY
- Population growth+7.8% (5y)
- Income growth+17.0% (5y)
- Tight rentals1.3%
Risks
- Thin gross yield (1.5%)
- Modest 5y growth (0.7%/yr)
Nearest infrastructure
Metro Tunnel — Parkville Station2.6 km away
Recently completed · $13.5bn · completion 2025
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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