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City of Hume
Broadmeadows

Broadmeadows Property Market
& Suburb Profile

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MEDIAN PRICES IN BROADMEADOWS

Median house price

(all agencies, last 12 months)$630k*

House price change

(all agencies, last 12 months)+9.57%

Median unit price

(all agencies, last 12 months)$475k*

Unit price change

(all agencies, last 12 months)+10.47%

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

BROADMEADOWS PRICE TRACKER

HousesUnits

BROADMEADOWS SALES OVERVIEW

  • Sold by Auction 93%
  • Sold by Private Sale or Other Method 7%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)29

Average days on market (units)

(all agencies, 12 months)31

Auction clearance rate in Broadmeadows

(all agencies, last 12 months)93%

Average held period in Broadmeadows

(proptrack)9 years

BROADMEADOWS INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$512pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$492pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)4%

Average rental yield for Units

(all agencies, last 12 months)5.05%

Broadmeadows total population size

(as at the last census)12,524

Median household size in Broadmeadows

(as at the last census)2.9

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

BROADMEADOWS PROPERTY TYPES

  • Houses 40%
  • Units 27%
  • Other 33%

OCCUPANCY IN BROADMEADOWS

  • Owned 47%
  • Rented 49%
  • Other/Not Stated 4%
  • Singles 24%
  • Families 70%
  • Other 5%

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ABOUT BROADMEADOWS

Broadmeadows is a resilient and culturally vibrant suburb in Melbourne’s north, located approximately 16 kilometres from the CBD. Long recognised as a significant civic and industrial hub for the City of Hume, it is currently undergoing a multi-decade transformation.

The state and federal governments have identified it as a "flagship metropolitan activity centre," a designation that is driving major investments into its transit-oriented core to evolve the suburb into a more walkable, high-density residential and commercial destination.

The lifestyle in Broadmeadows is defined by its multicultural energy and a high density of regional-scale amenities. Broadmeadows Central serves as a major retail anchor, housing one of Melbourne’s few 24-hour Kmarts alongside a cinema and a broad array of international grocery stores and dining options. For recreation, residents frequent the Broadmeadows Valley Park, which follows the Moonee Ponds Creek and provides a scenic trail network for walking and cycling. The suburb is also a hub for elite sports, featuring Seabrook Reserve, which recently became the home of Victoria’s Rugby League Centre of Excellence, providing world-class training and recovery facilities for the community.

Education and community services are particularly robust, making the suburb a self-sufficient pocket of the north. It is home to the Kangan Institute, which includes the specialized Aerospace Industry Training Centre, and is well-served by schools such as Broadmeadows Primary and the Hume Central Secondary College. The Hume Global Learning Centre and the recently redeveloped Town Hall Broadmeadows serve as the civic heart of the suburb, offering modern library facilities, gallery spaces, and co-working hubs for local entrepreneurs. Connectivity is a major logistical advantage, with the Broadmeadows Railway Station serving as a key interchange for both Metro and V/Line services, while the M80 Ring Road and Tullamarine Freeway provide straightforward vehicular access to the city and Melbourne Airport.

Significant infrastructure work is currently reshaping the suburb's landscape. The Broadmeadows Activity Centre Plan is guiding the delivery of thousands of new homes, particularly focusing on modern apartments and townhouses within a 10-minute walk of the train station. Large-scale social housing renewals, such as the Banksia Gardens project, are also underway to provide modern, energy-efficient homes alongside new community edible gardens and improved pedestrian links. These projects are part of a broader "Precinct Roadmap" designed to return a centralized "heart" to the community while enhancing local jobs and services.

From a property perspective, Broadmeadows remains a highly accessible and stable market, particularly favored by young families and first-home buyers. The housing stock is traditionally dominated by 1960s and 70s-era homes on generous allotments, though this is rapidly diversifying through the government's pilot program for higher-density living. With its high rate of owner-occupation and a long-term vision for urban renewal, Broadmeadows is solidifying its role as a primary gateway and employment hub for Melbourne's growing northern corridor.

Education

Broadmeadows Primary School
Broadmeadows Special Developmental School
Broadmeadows Valley Primary School
Hume Central Secondary College
Hume Valley School
Meadows Primary School
Penola Catholic College
Sirius College
St Dominic's School
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BROADMEADOWS MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025260$552,5009.56%346$502pw4.53%
2024277$502,5003.64%256$483pw4.81%
2023236$502,500-7.56%257$444pw4.53%
2022264$523,2502.59%348$385pw4.01%
2021310$510,0005.45%460$346pw3.46%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025260$552,500+9.56%
2024277$502,500+3.64%
2023236$502,500-7.56%
2022264$523,250+2.59%
2021310$510,000+5.45%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025346$502pw4.53%
2024256$483pw4.81%
2023257$444pw4.53%
2022348$385pw4.01%
2021460$346pw3.46%

PROUDLY SERVICING Broadmeadows

Barry Plant
Glenroy

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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 October 2024 to 31 October 2025, last updated 31 October 2025.