Below is a summary of the Median Sale Price (2023 Q4) obtained from REIV Market Insight Data.
Melbourne Metro – Median Sale Price (2023 Q4)
The Median Sale Price for Melbourne Metro in the fourth quarter of 2023 (as per REIV Market Insight Data) shows a (2.2%) decrease in the quarterly median house prices, and an (0.1%) decrease 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): $909,000 (-2.2% Quarterly Price Change)
- Median Sale Price (2 Bedroom): $920,000
- Median Sale Price (3 Bedroom): $815,000
- Median Sale Price (4 Bedroom): $970,000
- Median Sale Price (Unit): $633,000 (-0.1% Quarterly Price Change)
- Median Sale Price (1 Bedroom): $370,000
- Median Sale Price (2 Bedroom): $600,000
- Median Sale Price (3 Bedroom): $850,000
st albans – Median Sale Price (2023 Q4)
The Median Sale Price for St Albans (3021) in the fourth quarter of 2023 (as per REIV Market Insight Data) shows a (0.2%) increase in the quarterly median house prices, and an (1.3%) decrease in the quarterly median unit prices.
- Median Sale Price (House): $651,000 (+0.2% Quarterly Price Change)
- Median Sale Price (2 Bedroom): $530,000
- Median Sale Price (3 Bedroom): $640,000
- Median Sale Price (4 Bedroom): $700,750
- Median Sale Price (Unit): $484,000 (-1.3% Quarterly Price Change)
- Median Sale Price (1 Bedroom): n/a
- Median Sale Price (2 Bedroom): $425,000
- Median Sale Price (3 Bedroom): $540,000
View our other articles on REIV’s quarterly data for median sale price here.
Last edited: 24 January 2024