Approximately $910,000–$930,000 for the metro area. Median Unit Price: Roughly $570,000–$610,000 .
Australian home prices set for six-figure surge amid shortfall buy house melbourne
Compared to Sydney, where medians hover around $1.3 million, Melbourne offers a more accessible entry point. This value gap is attracting interstate migrants and first-home buyers back to Victoria. 2. Infrastructure Transformation Approximately $910,000–$930,000 for the metro area
Recent data indicates a stabilizing market with a steady upward trajectory: where medians hover around $1.3 million
Many forecasters anticipate a 5–9% rise throughout 2026.