The market is currently entering a more balanced phase following a period of rapid growth and subsequent rate uncertainty.
Market performance varies significantly by region, with affordable outer-ring suburbs often outperforming high-value inner-east areas. Melbourne Housing Market Update | April 2026 houses to buy in melbourne australia
: Following a slight softening in early 2026, values are roughly 0.9% below the peak recorded in November 2025. The market is currently entering a more balanced