Australian Property News

Melbourne Property Market Faces Softer Patch, Unit Rents Expected to Surge

By Ravs Realtors · 14 September 2026 · 1 min read · Source: Property Update
Photo: Images_of_Money / flickr · CC BY 2.0

Melbourne house prices are forecast to decline by 1.7% in 2026, though unit values are expected to be more resilient. Rental growth has outpaced purchase price growth, with apartment rents projected to increase by 24% between 2025 and 2030 across capital cities.

This outlook suggests that investors in Melbourne's western growth corridor might find stronger returns in the rental market, particularly for units. The widening gap between population growth and new housing supply will continue to drive rental demand.

Summarised by Ravs Realtors from reporting by Property Update.

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