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City of Banyule
Viewbank

Viewbank Property Market
& Suburb Profile

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MEDIAN PRICES IN VIEWBANK

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)-0.58%

Median unit price

(all agencies, last 12 months)$880k*

Unit price change

(all agencies, last 12 months)+14.29%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

VIEWBANK PRICE TRACKER

HousesUnits

VIEWBANK SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)25

Auction clearance rate in Viewbank

(all agencies, last 12 months)100%

Average held period in Viewbank

(proptrack)15 years

VIEWBANK INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$709pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$537pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.11%

Average rental yield for Units

(all agencies, last 12 months)3.87%

Viewbank total population size

(as at the last census)7,030

Median household size in Viewbank

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

VIEWBANK PROPERTY TYPES

  • Houses 57%
  • Units 9%
  • Other 34%

OCCUPANCY IN VIEWBANK

  • Owned 85%
  • Rented 13%
  • Other/Not Stated 2%
  • Singles 18%
  • Families 80%
  • Other 1%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT VIEWBANK

Nestled approximately 14 kilometres northeast of the Melbourne CBD, Viewbank is a highly desirable residential pocket defined by its unique blend of undulating landscapes and spectacular scenic views.

This serene suburb is distinguished by hectares of lush greenery and protected wetlands, including the Yarra Valley Parklands and the Banyule Flats, which stands as the largest grassy woodland in inner Melbourne.

The area’s rich history dates back to 1837 when it was first settled by Edward Willis, eventually taking its name from a historic homestead built at the junction of the Yarra and Plenty Rivers. Today, the enduring legacy of the region is preserved through the remains of the Viewbank Homestead, historic silos on Banyule Road, and the Federation-era Mollison Lodge, all of which hold significant archaeological importance to the state of Victoria.

The architectural character of Viewbank reflects its growth from a mid-century settlement into a modern family sanctuary, with significant development occurring in the 1960s followed by contemporary additions in the 1990s and 2000s within estates like Winston Hills. The landscape is primarily composed of well-maintained three and four-bedroom homes set on generous allotments, offering the spacious backyards and elevated positions that define the suburb's hilly terrain. This family-oriented community attracts a diverse demographic, including international residents, all drawn to a lifestyle that local experts describe as having a tranquil country feel despite its proximity to the city center.

Education is a cornerstone of the Viewbank lifestyle, with the suburb anchored by the highly-rated Viewbank College and respected local institutions such as Viewbank Primary School and Winston Hills Preschool. The presence of these prized school zones creates consistent demand for property, supplemented by easy access to nearby prestigious schools like Ivanhoe Grammar and tertiary institutions including La Trobe University and NMIT. Beyond the classroom, the suburb is a hub for recreation, boasting a performing arts centre, numerous sporting fields, golf courses, and clubs for tennis, soccer, and netball. The Main Yarra Trail provides an endless corridor for cyclists and walkers to commute or explore the riverfront, while the local scout hall and pony club further enhance the area's community-focused atmosphere.

Daily convenience is seamlessly integrated into this quiet residential enclave, with local eateries and grocery shopping available on Martins Lane. Residents enjoy the proximity of Rosanna Village and Lower Plenty shops, while the major retail hubs of Doncaster, Greensborough, and Preston are only a short drive away. Health services are well-catered for by a local medical centre and pharmacy, alongside the world-class medical facilities at Heidelberg’s Austin and Warringal Private Hospitals. With efficient bus networks connecting to multiple train stations on the Hurstbridge Line and easy access to major freeways, Viewbank remains a tightly held and premier destination for those seeking an enviable lifestyle of stability, natural beauty, and suburban convenience.

Education

Viewbank College
Viewbank Primary School
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SALES COMPARISON

Find out how Viewbank median sales prices compare to neighbouring suburbs.

VIEWBANK MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202599$1,036,500-0.58%76$623pw3.49%
2024117$985,0000.76%92$605pw3.43%
202387$960,500-0.75%84$573pw3.31%
202298$958,750-1.92%93$512pw3.04%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202599$1,036,500-0.58%
2024117$985,000+0.76%
202387$960,500-0.75%
202298$958,750-1.92%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
202576$623pw3.49%
202492$605pw3.43%
202384$573pw3.31%
202293$512pw3.04%

BROWSE MORE SUBURBS

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.