Real estate in Melbourne: what makes the region interesting
Home prices changed by +8.3%¹ over the year (by country, Q2 2026). Central bank key rate — 4.6%⁴. Country's economic growth in 2025 — +1.4%⁵, on average for 2016–2025 — +2.3%⁶ per year. Inflation — 2.9%² (2025), income per capita — $64,120³ per year.
Housing market in numbers
Housing prices since 2016
+50%
Median house price · Greater Melbourne · ABS · Q1 2016 – Q2 2026
Median apartment price
$413,806
Greater Melbourne · ABS · Q1 2016 – Q2 2026
Annual change in housing prices
+8.3%
by country · BIS · Q1 2016 – Q2 2026
Housing Price Index
index 216.4
by country · BIS · Q1 2016 – Q2 2026
Central bank key rate
4.6%
by country · BIS · Jan 2016 – Sep 2026
Loan rate
5.1%
by country · World Bank · 2016 – 2019
Country economy in numbers
Inflation
2.9%
by country · World Bank · 2016 – 2025
Income per person per year
$64,120
by country · World Bank · 2016 – 2025
Economic growth
+1.4%
by country · World Bank · 2016 – 2025
Unemployment
4.1%
by country · World Bank · 2016 – 2025
Natural anchors
Nature and climate of Melbourne
≈ m above sea level — low: coastal zone at risk of sea level rise.
Water
23 °C⁷ in January · 11 °C⁷ in July
Precipitation
805 mm⁸ per year
Hotels
254⁹ accommodation properties within 50 km radius
Average temperatures and precipitation by month
Loading climate data…
Society, language, religion
How Life is Organized in Melbourne
Country population
27.6M¹⁰
Political stability
79 out of 100¹¹
Unemployment
4.1%¹²
Population and stability
Country population
27.6M
by country · World Bank · 2016 – 2025
Political stability
79 out of 100
by country · World Bank · 2016 – 2025
Sources
1BIS — Annual change in housing prices, Q2 2026 · Bank for International Settlements (BIS) statistics
2World Bank — Inflation, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
3World Bank — Income per person per year, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
4BIS — Central bank key rate, Oct 22, 2026 · Bank for International Settlements (BIS) statistics
5World Bank — Economic growth, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
6World Bank — Economic growth, 2016–2025; calculated from source data · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
7Open-Meteo Marine — Sea surface temperature, average for January and July 2025