Market performance varies significantly by region, with affordable outer-ring suburbs often outperforming high-value inner-east areas. Melbourne Housing Market Update | April 2026
: Vacancy rates remain critically low at approximately 1.4–1.6% , which continues to push renters toward homeownership. Suburbs to Watch by Buyer Category 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. Market performance varies significantly by region