Below is a summary of the Median Sale Price (2023 Q3) obtained from REIV Market Insight Data.
Melbourne Metro – Median Sale Price (2023 Q3)
The Median Sale Price for Melbourne Metro in the third quarter of 2023 (as per REIV Market Insight Data) shows a (0.2%) decrease in the quarterly median house prices, and an (1.0%) 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): $934,000 (-0.2% Quarterly Price Change)
- Median Sale Price (2 Bedroom): $922,000
- Median Sale Price (3 Bedroom): $825,000
- Median Sale Price (4 Bedroom): $1,000,000
- Median Sale Price (Unit): $634,000 (+1.0% Quarterly Price Change)
- Median Sale Price (1 Bedroom): $365,000
- Median Sale Price (2 Bedroom): $595,000
- Median Sale Price (3 Bedroom): $850,000
st albans – Median Sale Price (2023 Q3)
The Median Sale Price for St Albans (3021) in the third quarter of 2023 (as per REIV Market Insight Data) shows a (1.6%) increase in the quarterly median house prices, and an (4.8%) decrease in the quarterly median unit prices.
- Median Sale Price (House): $650,000 (+1.6% Quarterly Price Change)
- Median Sale Price (2 Bedroom): n/a
- Median Sale Price (3 Bedroom): $640,000
- Median Sale Price (4 Bedroom): $700,750
- Median Sale Price (Unit): $493,000 (-4.8% Quarterly Price Change)
- Median Sale Price (1 Bedroom): n/a
- Median Sale Price (2 Bedroom): $440,000
- Median Sale Price (3 Bedroom): $539,500
View our other articles on REIV’s quarterly data for median sale price here.
Last edited: 02 November 2023