The median house price in Clayton is approximately $1.08M as at mid-2026. Units have a median of $580,000. Clayton is a southeast suburb 17km from the CBD, home to Monash University’s main campus — the largest university in Australia. The Monash precinct drives extraordinary rental demand, particularly for units and apartments, making Clayton one of the strongest yield suburbs in Melbourne’s southeast.
Clayton Price History
| Year | Median House Price | Annual Growth |
|---|---|---|
| 2021 | $880,000 | +12.5% |
| 2022 | $960,000 | +9.1% |
| 2023 | $990,000 | +3.1% |
| 2024 | $1,030,000 | +4.0% |
| 2025 | $1,058,000 | +2.7% |
| 2026 | $1,080,000 | +2.1% |
Clayton Rental Yield — The Monash Effect
Clayton units average 4.7% gross yield for standard 2-bedroom apartments, rising to 5.6% for student-oriented studios and 1-bedders. With 55,000+ Monash students seeking accommodation each year and international student numbers recovering post-COVID, Clayton’s rental market is structurally undersupplied.
Access Off-Market Clayton Properties
High-yield Clayton investment properties — particularly blocks of units near Monash — are rarely advertised publicly. Access them through the Collings Property Platform. collings.com.au/portal
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