East Melbourne

VIC 3002

East Melbourne is an inner-city suburb in the City of Melbourne, about 2 kilometres from the Melbourne CBD. Victoria Parade is a major commercial road along the suburb's western edge, while the Parliamentary and Cathedral precincts occupy the elevated Eastern Hill. The suburb is served by trams on Victoria Parade and Wellington Parade, and by Parliament and Jolimont railway stations.

East Melbourne has an office and consulting market, with office suites and floors and medical or consulting suites in a tightly settled inner-city setting. Government, health and religious institutions add to the area's professional character. Collingwood, Fitzroy and Carlton are useful nearby comparisons.

34

Active lease listings

commercial properties

$125,000

Median annual rent

asking rent across all listings

324

Median days on market

across all active listings

Lease rate trend

$387/m² p.a.

Median advertised rate

Down 12.0%

Change over 12 months

$415202420252026$516$313Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in East Melbourne. Drill down to individual listings in MarketBuddy

Listings by sector

17

Offices

active lease listings

16

Medical / Consulting

active lease listings

1

Retail and Shops

active lease listing

Want to know more?

Explore commercial property insights for East Melbourne in MarketBuddy.

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Last updated 5 September 2026