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‘A lot more competition’: Melbourne house prices hit record high

Melbourne's median house price rose 2.9% in the December quarter to $1.11 million, driven by interest rate cuts, tight supply, and strong labour market conditions.

Summary by Sydney Morning Herald
Median house price reaches $1.1 million, the highest in four years, while units close in on fresh peak.

5 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
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‘A lot more competition’: Melbourne house prices hit record high

Median house price reaches $1.1 million, the highest in four years, while units close in on fresh peak.

·Sydney, Australia
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ABC AustraliaABC Australia
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Australian real estate prices set new records as Melbourne rebounds

Melbourne real estate market is making a "decisive recovery", according to property portal Domain, as the city hits a new record for its median house price for the first time in four years after strong growth across the country in 2025.

·Australia
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ABC Australia broke the news in Australia on Wednesday, January 21, 2026.
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