Melbourne median unit price
Median unit price, Greater Melbourne · Australian Bureau of Statistics · June quarter 2026
Melbourne median unit price $590,000 in the June quarter 2026, down 0.1% on the quarter and down 2.2% over the year.
Next release · Tue 1 Dec 2026, 11:30 AEDT · Total Value of Dwellings
What the numbers say
Melbourne's median unit price was $590,000 in the June quarter 2026, down 0.1% on the quarter from $590,800 in the March quarter 2026. It was down 2.2% over the year and down 9.0% over 5 years, but up 16.8% over 10 years. The peak of $655,000 in the December quarter 2021 was the highest since the series began in the September quarter 2003, and the latest value is 9.9% below the peak. Melbourne was the seventh dearest of the eight capitals, behind Hobart at $600,000 and ahead of Darwin at $445,500. In the June quarter 2026 Melbourne's median house price was $850,000, so houses were dearer by $260,000, or 44.1% of the unit price.
What is the median unit price in Melbourne?
Melbourne's median unit price was $590,000 in the June quarter 2026.
Are Melbourne unit prices going up or down?
Melbourne's median unit price was down 0.1% on the quarter to the June quarter 2026, and down 2.2% over the year.
How much have Melbourne unit prices risen in 10 years?
Melbourne's median unit price was up 16.8% over 10 years, from the June quarter 2016 to the June quarter 2026.
How does Melbourne compare with other capitals for units?
Melbourne's median unit price of $590,000 in the June quarter 2026 made it the seventh dearest of the eight capitals. Sydney was the dearest at $840,000 and Darwin the cheapest at $445,500.
Written from the figures on this page · updated 3 October 2026
Recent quarters
| Quarter | Value | Status |
|---|---|---|
| June quarter 2026 | $590,000 | preliminary |
| March quarter 2026 | $590,800 | revised |
| December quarter 2025 | $650,000 | revised |
| September quarter 2025 | $590,000 | revised |
| June quarter 2025 | $603,000 | revised |
| March quarter 2025 | $630,000 | revised |
| December quarter 2024 | $627,500 | revised |
| September quarter 2024 | $620,000 | final |
Full series · 92 quarters · CSV · JSON
This series measures the median price of a unit (attached dwelling) in Greater Melbourne, expressed in thousands of Australian dollars. The latest reading is $590,000 for the quarter ended June quarter 2026. It is published by the Australian Bureau of Statistics each quarter as part of its residential dwellings statistics, which report medians for the capital cities and means for the states, and the record runs from September quarter 2003 to the present. Being a median for the whole of Greater Melbourne, it does not describe prices for individual suburbs or for separate houses, which are counted in a different dwelling category. Released under CC BY 4.0.
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Related
Source
- α
- Source: Australian Bureau of Statistics, ABS Residential Dwellings (medians by capital, means by state), retrieved 11 September 2026. CC BY 4.0.
- γ
- Source: Australian Bureau of Statistics, ABS Residential Dwellings (medians by capital, means by state), retrieved 21 September 2026. CC BY 4.0.
- β
- Computed by Numbra from α.