Below is a summary of the Median Sale Price (2023 Q2) obtained from REIV Market Insight Data.
Melbourne Metro – Median Sale Price
The Median Sale Price for Melbourne Metro in the second quarter of 2023 (as per REIV Market Insight Data) shows a (1.1%) decrease in the quarterly median house prices, and an (3.2%) increase in the quarterly median unit prices.
NOTE: The median house price takes into account house prices across all suburbs of Melbourne Metro.
- Median Sale Price (House): $938,000 (-1.1% Quarterly Price Change)
- Median Sale Price (2 Bedroom): $930,000
- Median Sale Price (3 Bedroom): $831,012
- Median Sale Price (4 Bedroom): $1,035,000
- Median Sale Price (Unit): $631,000 (+3.2% Quarterly Price Change)
- Median Sale Price (1 Bedroom): $360,000
- Median Sale Price (2 Bedroom): $594,000
- Median Sale Price (3 Bedroom): $850,000
st albans – Median Sale Price
The Median Sale Price for St Albans (3021) in the second quarter of 2023 (as per REIV Market Insight Data) shows a (2.3%) decrease in the quarterly median house prices, and an (11.5%) increase in the quarterly median unit prices.
- Median Sale Price (House): $640,000 (-2.3% Quarterly Price Change)
- Median Sale Price (2 Bedroom): n/a
- Median Sale Price (3 Bedroom): $650,000
- Median Sale Price (4 Bedroom): $700,000
- Median Sale Price (Unit): $530,000 (+11.5% Quarterly Price Change)
- Median Sale Price (1 Bedroom): n/a
- Median Sale Price (2 Bedroom): $445,000
- Median Sale Price (3 Bedroom): $570,000
Last edited: 21 July 2023