Trustworthy sales data for April 2026 is sourced from CoreLogic, Cotality, Domain, PropTrack, REIV, RBA, and ATO research. Current data indicates a Melbourne median auction house price of $937,500, which is 6.3% lower than the $1,001,000 recorded during the same week in 2025. The Melbourne market is currently defined by a two-speed dynamic where affordable
Benchmarks should prioritise sales from the last four weeks to account for the impact of February and March 2026 RBA rate hikes. While the median house auction price for the week ending 11 April 2026 was $937,500, this is a 6.3% decrease compared to the same week in 2025. The current market is experiencing a
A high days on market (DOM) figure in 2026 typically indicates pricing misalignment, increasing the probability that a property will sell at or below the asking price. With 60–65% of Melbourne properties already selling at or below asking price (Bamboo Routes), extended listing times often lead to price reductions to attract buyers in a market
North-facing living areas and outdoor spaces command a price premium over south-facing orientations. While the exact dollar value varies, buyers prioritise natural light as a core property attribute, which directly influences the final sale price. Buyers in Melbourne’s eastern suburbs and the peninsula regions consistently place a higher value on properties that maximise northern sunlight.
The Melbourne clearance rate for the week ending 11 April 2026 was 59.1%, the first result below 60% for the year. This is a decrease from 61.4% the previous week and 66.8% for the same week in 2025, indicating a shift toward a buyer’s market. Melbourne’s clearance rate has dipped below the 60% mark, reflecting
Quick sales in April 2026 are typically driven by pricing strategies that target the 35–40% of the market achieving above-asking results, often in areas with strong school catchments or transport links (Bamboo Routes). While broader buyer urgency has dampened due to RBA rate hikes, dwellings are currently selling slightly quicker than the decade average (NAB/Cotality).
Activity in Melbourne’s eastern and south-eastern corridors is concentrated in the $800,000 to $1.24 million range. High-growth regions include Whitehorse East with a median of $1,239,067 and Knox at $965,300 (Cotality, January 2026). Demand is strongest for affordable, outer-suburban houses (Cotality, January 2026). April falls within the autumn selling window, typically the second-strongest season due
Increased days on market in April 2026 indicates a shift toward a balanced market, driven by a nearly 40% increase in listings since December 2025 (Raine & Horne) and dampened buyer urgency following RBA rate hikes in February and March 2026 (Domain). Properties are taking longer to sell as buyer caution offsets the current surge
Online sold prices are currently lagging indicators that may overstate current market value. While portals reflect the high vendor confidence of late 2025, buyer urgency has dampened following RBA rate hikes in February and March 2026 (Domain). Current auction data shows a downward trend, with the median house price for the week ending 11 April
Roughly 35–40% of Melbourne properties achieve above-asking results, primarily in high-demand house markets with excellent transport links or strong school catchments (Bamboo Routes, early 2026). This is supported by Autumn being the second-strongest selling season, characterized by high buyer activity and lower competition from other vendors. Achieving a result above the price guide in April
