An appraisal in April 2026 is subject to increased volatility following RBA rate hikes in February and March 2026. While 2025 saw median house prices increase by 11–14%, the Melbourne auction clearance rate for the week ending 11 April 2026 fell to 59.1% (CoreLogic/Cotality), indicating a shift in buyer urgency. The accuracy of a current
In April 2026, discrepancies between online property estimates and agent appraisals are common, particularly following the surge in listings from late 2025 and the subsequent impact of February and March 2026 RBA rate hikes (Domain). While online tools offer a starting point, a local agent with recent sales data and nuanced market understanding is best
In 2026, a property valuation relies heavily on recent comparable sales, with agents analysing properties sold within your suburb in the past 6–12 months. Land size remains a key driver of value, particularly in Melbourne’s middle and outer rings. While Melbourne experienced strong recovery in 2025 (approximately 11–14% growth – (Domain)), recent rate hikes in
Your neighbour’s recent sale provides a valuable data point, but your property’s value isn’t simply replicated. Melbourne’s market is navigating new uncertainty following interest rate increases in February and March 2026. While the median house price in Melbourne rose 11–14% over 2025 (Domain), recent monthly growth has slowed, and even dipped in March 2026 (-0.6%
