Approximately $910,000–$930,000 for the metro area. Median Unit Price: Roughly $570,000–$610,000 .
Compared to Sydney, where medians hover around $1.3 million, Melbourne offers a more accessible entry point. This value gap is attracting interstate migrants and first-home buyers back to Victoria. 2. Infrastructure Transformation buy house melbourne
Major projects like the (fully operational as of early 2026) and the West Gate Tunnel are drastically cutting commute times. Suburbs like Sunshine and Footscray have seen travel times to the CBD drop by nearly 50%, fundamentally shifting their property values. 3. Population Surge Approximately $910,000–$930,000 for the metro area
The Melbourne Awakening: Navigating the 2026 Property Landscape 000 . Compared to Sydney