: The Metro Tunnel , fully operational as of February 2026, has significantly boosted values in suburbs like Sunshine and Footscray by cutting commute times nearly in half. Where to Buy: Key Growth Areas
: Melbourne is currently more affordable than Sydney and Brisbane. Many analysts, including those from KPMG , predict it will be the strongest performing capital city this year.
: KPMG and other analysts expect house prices to rise approximately 6.8% to 8% in 2026.
Forecasters generally agree that 2026 marks a major turning point for Melbourne land and housing values.