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Melbourne Property Market 2026

Are any Melbourne suburbs actually seeing price growth in April 2026 despite the rate rises?

Yes, growth is continuing in specific segments including Melbourne apartments, inner-suburb villa units, and houses in outer suburbs. However, these gains contrast with the broader market, where dwelling values dropped 0.6% in the March 2026 quarter (PropertyUpdate/Cotality). Rate hikes in February and March 2026 have introduced fresh uncertainty into the market. While the overall trajectory

Is Melbourne’s eastern suburbs market more resilient than the rest of the city in 2026?

Melbourne’s eastern suburbs exhibit higher resilience than inner-city high-density sectors, with regions like Whitehorse East (+8.6%) and Knox (+7.6%) appearing in the top 10 highest-growth regions (Cotality, January 2026). While inner-city apartments face softer conditions, residential houses in the east are supported by strong population growth and a significant price discount compared to other capital

Are buyers still confident enough to spend big in Melbourne’s eastern suburbs in April 2026?

Buyer confidence in Melbourne’s eastern suburbs remains selective in April 2026. While the top end of the market is showing resilience, particularly when compared to other capitals, a two-speed market is evident. Affordable properties and those in gentrifying areas are currently outperforming the city median, driven by first-home buyers and investors. Overall, the market is

Is Melbourne’s property market in April 2026 a buyers or sellers market?

Melbourne’s property market in April 2026 is best characterised as two-speed, leaning towards a buyers’ market overall, but with pockets of opportunity for sellers. While Melbourne’s median dwelling value is approximately $830,371 (Cotality, January 2026), recent quarterly figures show a slight decrease of 0.6% (March 2026), and values remain 1.3% below the March 2022 peak

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