Selby — Houses

BUY
VIC 3159 House Rank #44 of 263 in Melbourne
$911K
Median House Price · recent comparable sales
Supply Constrained Growth #44 of 263

Rental supply is extremely tight while prices are accelerating. This structural imbalance favours continued growth.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Supply Constrained Growth
DEMAND
210 buyers/listing
Strong
LIQUIDITY
19d DOM
Strong
AFFORDABILITY
-2.7% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
3.9%
Neutral
SUPPLY PRESSURE
0% vacancy
Strong
#44/263 Average Structure 79 $911K

Atlaso rates Selby houses as BUY for capital growth. Vacancy is extremely tight at 0.0%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $911K, Selby ranks #44 of 263 houses in Melbourne. The long-term structural outlook is Average. Properties sell in just 19 days, reflecting urgent buyer demand.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Selby Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-5.0%
Asking Prices (3mo)
-11.7%
Rents (12mo)
0.0%
Vacancy
36%
Fresh Stock (<30d)

House Asking Prices (12 months)

$859K

House Weekly Rents (12 months)

$656/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3159.

Suburb Profile

Selby at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,298/wk
Median household
Median Age
41
Years
Mortgage Stress
20%
of income
Population Growth
+0.9%
vs state +2.2%
Ownership Mix
35.0% owned 54.5% mortgage 7.0% renting

Demographic Trends

Selby Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Selby Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Selby a good suburb to invest in?
Atlaso rates Selby as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Selby and 46 Australian cities to generate this rating.
What is the median house price in Selby?
The current median house price in Selby, vic is $911K, with annual growth of +11.8%. Properties sell in approximately 19 days.
How fast do properties sell in Selby?
Properties in Selby sell in 19 days on average. The market is currently rated Average. This is faster than the national average, indicating strong buyer demand.
What is the growth outlook for Selby?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Selby's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Selby?
The gross rental yield for houses in Selby is 3.9%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).