Australian Property News

Melbourne Property Market Faces Softer Outlook for 2026-27

By Ravs Realtors · 24 August 2026 · 1 min read · Source: Property Update
Photo: Wiki.will / flickr · CC BY 2.0

ANZ Research predicts a 1.7% fall in Melbourne house prices for 2026, with Domain's FY27 forecast being more cautious, anticipating a 4-8% drop. Conversely, Melbourne units are projected to show greater resilience.

For buyers and sellers in Melbourne's western growth corridor, this outlook suggests a potentially challenging period for house values, but units could offer more stability. Investors might consider the relative strength of the unit market as a strategic option.

Summarised by Ravs Realtors from reporting by Property Update.

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