: Following a slight softening in early 2026, values are roughly 0.9% below the peak recorded in November 2025.
: The metro-wide median for houses currently sits between $910,000 and $991,500 . houses to buy in melbourne australia
Market performance varies significantly by region, with affordable outer-ring suburbs often outperforming high-value inner-east areas. Melbourne Housing Market Update | April 2026 : Following a slight softening in early 2026,
: Vacancy rates remain critically low at approximately 1.4–1.6% , which continues to push renters toward homeownership. Suburbs to Watch by Buyer Category 000 and $991