Melbourne house prices

Greater Melbourne · Australian Bureau of Statistics · June quarter 2026

Melbourne median house price $850,000 in the June quarter 2026, down 2.9% on the quarter and up 1.2% over the year. Melbourne median unit price $590,000 in the June quarter 2026, down 0.1% on the quarter and down 2.2% over the year.

Houses
$850,000
down 2.9% qtr   up 1.2% yr
11,414 sold · Apr–Jun 2026  preliminary
retrieved 11 Sep · next update 1 Dec
Units
$590,000
down 0.1% qtr   down 2.2% yr
12,262 sold · Apr–Jun 2026  preliminary
retrieved 11 Sep · next update 1 Dec
2002 – 2026 · quarterly98 obs
Melbourne house prices: houses latest $850,000 at June quarter 2026; units latest $590,000 at June quarter 2026
housesunits preliminary   revised   final

Compared

Compared
RegionHousesUnitsYear
Greater Melbourne$850,000$590,000up 1.2%
Rest of Vic.$625,000$467,800up 8.7%
Victoria mean, all dwellings$918,4000.0%

Greater Melbourne

Median house price, Greater Melbourne quarterly
Quarter down 2.9%
$850,000 June quarter 2026  preliminary
Median unit price, Greater Melbourne quarterly
Quarter down 0.1%
$590,000 June quarter 2026  preliminary
Residential property price index, Melbourne quarterly · ended 2021
n/a
185.7 December quarter 2021 

For comparison

Mean dwelling price, Victoria quarterly
Quarter down 2.1%
$918,400 June quarter 2026  preliminary
Residential property price index, eight capitals quarterly · ended 2021
n/a
183.9 December quarter 2021 
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