Melbourne’s South East is currently among the city’s highest-growth regions, with Frankston leading the city with 14.3% annual growth (Cotality, January 2026). Median prices in the South East vary by corridor, ranging from $794,550 in Dandenong to $1,085,527 in Kingston (Cotality, January 2026). The South East is currently outperforming many other metropolitan regions, driven by
Median price trends in Melbourne’s eastern suburbs showed strength in early 2026, with Whitehorse East (+8.6%) and Knox (+7.6%) among the city’s highest-growth regions (Cotality/OpenAgent, January 2026). However, broader metropolitan trends indicate a softening, with Melbourne dwelling values dropping 0.6% in the March 2026 quarter (PropertyUpdate/Cotality). The market is navigating a transition following a strong
Frankston has seen the strongest growth in the South East, recording 14.3% annual growth with a median price of $856,746 (Cotality, January 2026). Other high-growth South East regions include Kingston (+8.8%), Dandenong (+8.5%), and Knox (+7.6%) (Cotality, January 2026). The South East recovery is being driven by a combination of affordability and gentrification. While Melbourne
Specific median price data for Doncaster and Templestowe is not available in the current dataset for 2026. However, broader eastern growth regions like Whitehorse East and Knox recorded annual growth of 8.6% and 7.6% respectively in January 2026 (Cotality, January 2026), while Melbourne experienced new uncertainty following rate hikes in February and March 2026. While
Prices in the Bellarine Peninsula are currently more volatile than top-performing Melbourne suburbs, as coastal markets undergo a price correction. While Ocean Grove has seen an annual change of -6.19%, select Melbourne regions are seeing sustained growth, with Frankston recording +14.3% annual growth (Cotality, January 2026). The price divergence between the Bellarine Peninsula and metropolitan
Melbourne’s South East is currently outperforming the broader city median, with Frankston, Kingston, Dandenong, and Knox appearing in the top 10 highest-growth regions (Cotality/OpenAgent, January 2026). This reflects a two-speed market where affordable outer-suburban houses are seeing sustained price growth, though rate hikes in February and March 2026 have introduced new uncertainty. Buyers are increasingly
Median prices in the South East corridor have seen sustained growth, led by Frankston with 14.3% annual growth and a median of $856,746 (Cotality, January 2026). Other key regions including Kingston, Dandenong, and Knox have reported annual growth ranging from 7.6% to 8.8% (Cotality, January 2026). Buyers are currently balancing the momentum of a strong
Melbourne’s South East continues to experience price growth in early 2026, with Frankston leading the state with an annual increase of 14.3% (Cotality/OpenAgent, January 2026). While Melbourne’s overall median dwelling value saw a slight dip in the March quarter of 2026 (-0.6%, PropertyUpdate/Cotality), the region benefits from gentrification in areas like Frankston and Cheltenham, and
Melbourne’s property market is displaying a two-speed dynamic in early 2026, with overall dwelling values increasing by approximately 5.4% annually to early 2026 (Cotality). However, recent monthly growth has slowed, with values flat in February 2026 after a +0.2% increase in January (Cotality Home Value Index). The strongest growth is currently concentrated in more affordable,
