Melbourne Property Values Continue Decline Amidst Rental Tightness
By Ravs Realtors · 9 September 2026 · 1 min read · Source: Metropole
Melbourne recorded a 1.1% fall in August, placing values 6.8% below the March 2022 peak, marking the longest unbroken decline among capital cities. Meanwhile, the national vacancy rate rose slightly to 1.9% in August, still well below the pre-COVID average.
For Melbourne's western growth corridor, this suggests potential buying opportunities as values soften. Investors might find attractive rental yields, but should note the two-speed market where houses outperform units.
Summarised by Ravs Realtors from reporting by Metropole.
