Melbourne unit prices. Similarly in Brisbane, house prices jumped by 97.

Melbourne unit prices 9% increase compared to October 2025, Melbourne property values have Apr 26, 2025 · Similarly, Melbourne median unit prices increased over the first quarter of 2025, rising to $629,000, up 0. 1%. Similarly in Brisbane, house prices jumped by 97. Melbourne remains a top long-term investment city, backed by strong population growth, infrastructure spending, and a diversified economy. 0%, but even the lowest, Brisbane will still rise by 5. Combined, the city's median dwelling price sits at $818,975. 3%, up to $635,000. 7%), after three consecutive quarters of positive price growth. This is the steepest quarterly fall Jan 30, 2024 · Melbourne unit market outperformed Sydney and Brisbane in the past 20 years, but may not keep the leading position over the next decade amid oversupply of apartments in the past five years. Unit prices in Melbourne increased by +0. An overall Melbourne metropolitan median sale price and country Victoria median sale price are also included for each property 6 days ago · Melbourne unit prices have gained momentum, reaching a median of $590,597, and are now just $12,190 away from surpassing the December 2021 price peak, according to Domain’s data. 2% 29. 1% lower than those recorded in March 2024. 3% Feb 26, 2024 · Melbourne’s property prices will soar to new highs A new report is forecasting Melbourne’s median house price will surge more than $110,000 to an almost $1. Sep 1, 2025 · Melbourne House Prices - Full List A complete list of Melbourne suburbs by region, with median house + unit prices – table is searchable, can be sorted by highest-lowest price for each type of dwelling, etc. View our listings & use our detailed filters to find your perfect home. Apr 26, 2023 · Melbourne’s median house and unit prices have declined for five consecutive quarters, however prices appear to be close to stabilizing; Reflecting the growing housing shortage in Melbourne, median house rents increased by 4% over the year with unit rents rising by 15% over the year; Monthly housing finance commitments have decreased across all categories over the year with owner occupier It's odd that a unit in a boutique apartment complex in a blue chip suburb with loads of heritage overlay restricting supply (assuming this is Melbourne?) and low strata (assuming 70s built means no gym or swimming pool) is selling at a loss. 5 days ago · Quality of Life in Melbourne Crime in Melbourne Health Care in Melbourne Pollution in Melbourne Property Prices in Melbourne Traffic in Melbourne Distribution of Expenses Using Our Statistical Model: Buy Apartment Price Transportation Clothing And Shoes Sports And Leisure Markets Utilities (Monthly) Rent Per Month Restaurants 9. It's odd that a unit in a boutique apartment complex in a blue chip suburb with loads of heritage overlay restricting supply (assuming this is Melbourne?) and low strata (assuming 70s built means no gym or swimming pool) is selling at a loss. Now is a countercyclical opportunity to invest, with prices still Feb 19, 2025 · The property search often comes with compromise but not for these eight remaining Melbourne suburbs located within five kilometres of the CBD and with a median unit price under $500,000. In contrast to the detached housing market however, as at June 2024, the Melbourne median unit price remains higher than 12 month ago with current levels 0. Daily living expenses, including groceries, utilities, and transportation, contribute significantly to Melbourne’s status as the second most expensive city in Australia and . Jul 29, 2024 · Likewise, Melbourne median unit prices decreased over the second quarter of 2024, falling to $629,000, down 0. The positive is that Melbourne unit owners since experienced smaller drops in value as the downturn unfolded, and unit prices held strong throughout most of 2023. The current median unit price sits at $628,000—up just 0. 6 per cent in September 2025, with a quarterly rise of +0. 3% in the quarter. 1% in the quarter. Nov 6, 2025 · Melbourne unit prices While house prices surged in 2021, Melbourne's median unit price increased at a softer rate as buyers followed a 'race for space' mentality and looked for larger homes or regional escapes. Oct 25, 2025 · Domain has 2763 Apartments for Sale in Melbourne, VIC, 3000 & surrounding suburbs. Factors like location, size, economic conditions, and development quality significantly influence apartment prices in Melbourne. 16m record high in the next 18 months – the equivalent of $200 a day. 1% over the quarter and is 1. 4% and Victoria’s population growing at record highs, the level of new dwellings completed in Victoria in 2023, is likely to be the lowest level in Dec 31, 2024 · Australia's housing market is set to grow in 2025, but affordability and access to housing for low-income households may remain an issue, as per QBE report. 2 per cent. Like the detached housing market, as at March 2025, the Melbourne median unit price remains lower than levels recorded 12 months ago with current levels 0. 9% 31. Melbourne’s average weekly rent is $550 for a house and $520 for a unit, higher than other major Australian cities except Sydney, and has been fluctuating due to the COVID-19 pandemic’s impact on the rental market. 6% lower than prices recorded 12 months ago. Over the past two years, prices have largely held steady after the 2021 market cooldown. 9% over the quarter. Jun 20, 2025 · Melbourne houses will rise the most by 6. The report lists the percentage shift in median prices between quarters as well as the change over a 12-month period. Apr 26, 2024 · Similarly, Melbourne median unit prices rose over the first quarter of 2024, increasing to $634,500, up 0. 8% over the year, however current levels remain 8% below the record levels achieved in late 2021. This represents a notable turnaround as Melbourne property prices fell in most months of 2024. 2% higher than those recorded in June 2023. By contrast, units will still have considerable regional variation next year, ranging from Perth’s 8. The information you’ll find here will help get you started. Aug 26, 2025 · These units appeal strongly to young professionals, investors seeking rental yield, and downsizers looking for low-maintenance living options. Adelaide recorded the largest jump in value, followed by Darwin, while prices fell the most Despite a massive slowdown in property price growth this year, a new report predicts house prices across each capital city will increase, even in cities where prices have consistently fallen in 2024. Sep 9, 2025 · It covers median sale prices by suburb for houses, units and vacant land over a period of 15 months. Feb 5, 2025 · Melbourne’s unit market edged up slightly in Q3 2024, continuing its trend of marginal outperformance over houses. Interestingly, as at March 2024, the Melbourne median unit price has increased by 3. Melbourne has a lot to offer, but you want to make sure the property is the right price, location, value, size and fit for your lifestyle. 1 per cent, while units climbed by 60 per cent. 8 per cent and a modest annual increase of +0. 2% for the quarter. 4 days ago · Key takeaways Melbourne has posted four consecutive months of home price growth so far in 2025. Australia's premier storage comparison site, a totally FREE service We will get you the best deal - fast, free and simple Aug 26, 2025 · These areas represent some of the most accessible price points in Greater Melbourne. Dec 3, 2024 · Melbourne’s house values gained 66. Explore Melbourne’s suburbs If you already know where you’d like to buy a house in Melbourne, that’s great. Feb 2, 2025 · House and unit prices grew in regional Australia in January and fell across the combined capital cities. Tough luck. While this reflects a 0. Apr 1, 2025 · Home hunters and investors are turning their eyes to Melbourne with the city recording the biggest acceleration in property prices of any capital so far this year. Nov 13, 2023 · Whereas, Melbourne median unit prices have increased for the past two consecutive quarters, rising to their highest levels in 12 months. In recent months they Jul 29, 2025 · In the metropolitan area of Melbourne, Australia, the preliminary median sales price of units or apartments was approximately ******* Australian dollars in the year 2025. 6% in the quarter. 1 per cent, while house prices in the suburb dropped by 8. Find the best deals and expert tips for choosing the right storage unit for your needs. House premiums over units in those suburbs currently sit at 137 per cent and 168 While Sydney house and unit prices are expected to grow in line with the national forecasts, Melbourne would be slightly weaker with 3 per cent to 5 per cent house price growth. 6 per cent. 2 per cent, CoreLogic data Aug 1, 2025 · Melbourne median unit prices outperformed the detached market over the quarter and year with Melbourne unit prices having increased over the June quarter of 2025 by 1. Suburbs such as Bayside and Darebin offer promising investment potential, with rising rental yields and Jan 20, 2025 · Melbourne’s median house price decreased by 2. Unit prices across Melbourne typically range from $350,000 to $650,000, depending on location, size, and amenities. Jul 29, 2025 · In the metropolitan area of Melbourne, Australia, the preliminary median sales price of units or apartments was approximately ******* Australian dollars in the year 2025. Despite the Melbourne residential vacancy sitting at 2. Aug 1, 2024 · Apartment values are rising faster than those of houses in about six out of 10 suburbs nationwide as the price gap between the two categories blows out to a record 48. House and apartment pricing data is current as of mid-2025; if a cell says “0”, means there is not enough data to form a median price. 4 per cent, while units only lifted by 22. The median value for units in Melbourne is $628,979. 5% increase. Jun 16, 2025 · Key takeaways: The average cost of an apartment in Melbourne is around $596,413, with one-bedroom units averaging $365,000 and three-bedroom units around $850,000. A cluster of well-heeled suburbs on Melbourne’s bayside have recorded the steepest house price falls in the city over the past three months, and experts say a sluggish market and high interest Melbourne unit prices fell for the second consecutive quarter, down by almost $9,500 (or -1. Discover Melbourne storage costs by size and location. Nov 24, 2024 · In South Melbourne, unit prices lifted by 1. Inner-city apartments command premium prices, while outer suburban units offer more affordable alternatives. Similarly, Melbourne median unit prices decreased over the final quarter of 2024, decreasing to $622,500, down 0. 0% growth to Brisbane’s more modest 2. Now is a countercyclical opportunity to invest, with prices still Nov 4, 2025 · Median house prices in Melbourne In recent times, Greater Melbourne's property market has underperformed those of many other Australian capital cities, ending July with a median house price of $973,994 and a median unit price of $636,605. 4% 14. 5 per cent over the most recent May 10, 2025 · Units in a handful of Melbourne suburbs have recorded strong price growth over the past year, bucking the trend of a slump in apartment prices citywide. I think you overpaid for that one in 2019. Regional performance remains mixed. Two-bedroom apartments command prices between $600,000 and $750,000 across most Melbourne areas, representing the market's sweet spot for both owner-occupiers and investors. Mar 13, 2024 · Melbourne’s apartment market could be starting to emerge from years of sluggish capital growth after values rebounded sharply in a number of inner suburbs over the past three months, data from Melbourne house prices are forecast to rise by 3 to 5 per cent in 2025, despite its current depressed state and the latest data showing prices dropped by another 1. 5% followed by Canberra at 6. bmh dlrmor jf 0e e8e na 3uceik 5ex2uf esy cs3w