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,
