27/10/2026
🏡 𝐌𝐞𝐥𝐛𝐨𝐮𝐫𝐧𝐞 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞
📊 𝑊ℎ𝑎𝑡’𝑠 ℎ𝑎𝑝𝑝𝑒𝑛𝑖𝑛𝑔 𝑖𝑛 𝑡ℎ𝑒 𝑚𝑎𝑟𝑘𝑒𝑡?
A snapshot of Melbourne’s changing property market.
Here are a few key takeaways:
📉 Melbourne home values: Fell 0.2% in September.
🏠 Year-on-year change: Values were down 5.2% compared with September 2025.
📍 Below the peak: Melbourne home values sat 5.7% below their October 2025 peak.
💰 What’s influencing the market? Higher interest rates are putting pressure on borrowing capacity and buyer demand.
💡 What does this mean for buyers and sellers?
𝐅𝐨𝐫 𝐛𝐮𝐲𝐞𝐫𝐬: Softer market conditions may create more opportunities to negotiate and compare properties.
𝐅𝐨𝐫 𝐬𝐞𝐥𝐥𝐞𝐫𝐬: Realistic pricing, strong presentation and effective marketing are increasingly important.
𝐅𝐨𝐫 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞: Higher interest rates and changing market conditions make it essential to understand local property trends before making a decision.