The Australian residential property market in Melbourne on June 2, 2026 is

3.81%

hyped

which is inflated

15,159 properties were sold in the 30 days prior to June 2, 2026 in with an average listed sale price of $1,012,603 and an average sold price of $1,051,191. Average time on the market was 147.8 days.

Melbourne is a city within Victoria. Within Melbourne there are 33 local government areas and 216 postcodes. All graphs are rolling 30 day averages for each day. The hype score in Melbourne of 3.81% is higher than the national average hype of 1.78%.

Melbourne graphs

Market hype %

Gap between sale and sold $

Average sold price

Properties sold

Local government areas within Melbourne

Banyule
Bass Coast
Bayside
Boroondara
Brimbank
Cardinia
Casey
Darebin
Frankston
Glen Eira
Greater Dandenong
Hobsons Bay
Hume
Kingston
Knox
Macedon Ranges
Manningham
Maribyrnong
Melbourne
Melton
Mitchell
Monash
Moonee Valley
Moorabool
Moreland
Nillumbik
Port Phillip
Stonnington
Whitehorse
Whittlesea
Wyndham
Yarra
Yarra Ranges

Postcodes within Melbourne