Median Price Trends by Region

No, Melbourne is experiencing a two-speed market where apartments and houses are diverging. While some apartment prices and inner-suburb villa units have increased recently, inner-city high-density apartments are facing softer conditions, whereas houses in outer suburbs are outperforming the city median. Buyers are currently prioritising assets based on affordability and specific property types. While outer

Outer-suburban properties are currently outperforming the Melbourne city median, driven by investor and first-home buyer demand. While specific middle-ring pockets like Heidelberg and Whitehorse East show strong growth, the broader market trend favours affordable outer-suburban houses (Cotality/OpenAgent, January 2026). The Melbourne market is operating at two speeds. While the city median remains historically low compared

No, outer suburbs are currently outperforming middle ring eastern suburbs in percentage growth. Frankston led the market with 14.3% annual growth (Cotality, January 2026), while eastern regions such as Whitehorse East and Knox saw lower growth rates of 8.6% and 7.6% respectively (Cotality, January 2026). The market is currently operating on a two-speed dynamic where

The provided data does not specify median prices for four-bedroom homes specifically. However, general regional medians in Melbourne’s south east as of January 2026 include Kingston at $1,085,527, Knox at $965,300, Frankston at $856,746, and Dandenong at $794,550 (Cotality/OpenAgent). Current valuations in the south east are operating under new pressure following RBA rate hikes in

Units and townhouses are not tracking identically to houses. While Melbourne house prices saw annual growth of 11–14% over 2025, the affordable segment—largely comprising apartments and entry-level houses—has shown mixed results, with some price declines due to oversupply and reduced investor activity. The divergence in performance is most evident in the affordable segment under $800,000.

Frankston is currently the strongest performer in the South East, recording 14.3% annual growth and a median price of $856,746 (Cotality, January 2026). Other leading regions include Kingston (+8.8%), Whitehorse East (+8.6%), Dandenong (+8.5%), and Knox (+7.6%) (Cotality, January 2026). Price growth in the South East is being driven by a combination of affordability and

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