Melbourne Apartment Prices Soften Amidst New Completions

Melbourne saw approximately 3,500 new apartments completed in the first six months of 2026. While year-on-year growth remains at 4.0%, median apartment sale prices are now showing signs of softening.

For investors and buyers in Melbourne's western growth corridor, this trend suggests a potentially more balanced market for apartments. Increased supply could offer more choice and potentially better value for those looking to enter or expand their portfolio.