Sydenham
The median rent for a 2-bedroom unit in Sydenham is $450 a week for leases that started in the year to September 2025, up 4.7% on a year earlier. That is 18% below the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $755,000 for a house and $549,000 for a unit. A year of rent for that home is about 5.0% of its median sale price (gross rental yield).
Median rent in Sydenham
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $340* | none | 10 |
| 2-bedroom unit | $450 | +4.7% | 112 |
| 3-bedroom unit | $460 | 0.0% | 170 |
| 2-bedroom house | $440 | +4.8% | 68 |
| 3-bedroom house | $480 | +4.3% | 1,391 |
| 4-bedroom house | $530 | 0.0% | 2,088 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $755,000 | Mar 2026 quarter |
| Unit | $549,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Dandenong $450 a week
- Epping $450 a week
- Gladstone Park $450 a week
- Lalor $450 a week
- Mill Park $450 a week
- Pakenham $450 a week