$500,000
Typical lower range
$3,500,000
Typical upper range
VIC
Melbourne market
Melbourne Pricing
House prices in Melbourne
Melbourne prices align closely with national averages, with premiums for prestige vehicles, lifestyle items and property in inner-ring and coastal suburbs.
Melbourne is Australia's second-largest market and a strong hub for trades, vehicles and industrial equipment. Buyer activity is highest in the outer northern and western growth corridors.
Valuation Factors
What determines your House's value in Melbourne?
- Number of bedrooms and bathrooms
- Land size and block orientation (north-facing is premium)
- Suburb, street and proximity to schools, transport and cafes
- Garage and off-street parking
- Renovation status: original, partially renovated, fully renovated
- Outdoor areas, pool, alfresco and garden condition
What Adds Value
Factors that push your House's price higher
- Street positioning: corner blocks, north-facing rear yards and quiet streets command premiums
- Bedroom count relative to suburb median drives value for family buyers
- Renovation quality: a premium kitchen renovation adds $40,000–$80,000 in buyer perception
- Outdoor entertaining and pool add meaningful value in warm-climate markets
- School catchment — being in a sought-after public school zone can add $100,000+
FAQ
Frequently asked questions about House values in Melbourne
What is my House worth in Melbourne?
House values in Melbourne typically range from $500,000 – $3,500,000. Melbourne prices align closely with national averages, with premiums for prestige vehicles, lifestyle items and property in inner-ring and coastal suburbs. Browse live buyer requests on GOT ONE? to see what verified Melbourne buyers are actively offering right now.
How do I find a buyer for my house without a real estate agent?
GOT ONE? lets buyer-side purchasers post exactly what house they want — suburb, bedrooms, land size, budget. You can respond directly to verified buyers without paying an agent commission.
What adds the most value when selling a house in Australia?
Kitchen and bathroom updates consistently deliver the highest return on investment. Fresh paint and landscaping improve first impressions. North-facing orientation, school catchment and land size are location factors you cannot change but should highlight.