Melbourne’s outer suburbs and regional Victoria are leading the way in quarterly growth.
The latest March 2026 data shows steady annual growth across all major market segments. Metropolitan house prices have risen to a median of $991,500—the highest level since September 2022—highlighting ongoing stability in Melbourne’s housing market.
Meanwhile, regional Victoria continues to gain momentum. The median house price has increased by 3.8% this quarter to $672,000, now sitting more than $10,000 above metropolitan unit prices—a significant milestone.
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Courtesy REIV