12-month growth outlook for Melbourne suburbs

PropRadar estimates where each suburb's median house and unit price is heading over the next 12 months. These tables show the Melbourne suburbs with the strongest and the weakest outlook, and where each one ranks among all suburbs in its state. The estimate is most reliable at comparing suburbs with each other, which is why the ranking leads. Only suburbs with at least 10 sales of that dwelling type in the past year are listed.

An outlook is a model estimate, not a guarantee. Prices can move against it.

Strongest 12-month outlook in Melbourne: houses

Expected direction of the median house price, and where each suburb ranks in its state.

#	Suburb	Price outlook	Rent outlook	Median price
1	HawthornVIC 3122	Rising Among the strongest in Victoria	Rising	$2,570,000
2	East MelbourneVIC 3002	Rising Among the strongest in Victoria	Flat	$3,005,000
3	North MelbourneVIC 3051	Rising Among the strongest in Victoria	Rising	$1,235,000
4	SelbyVIC 3159	Rising Among the strongest in Victoria	Rising	$870,000
5	Moonee PondsVIC 3039	Rising Among the strongest in Victoria	Rising	$1,555,000
6	Eltham NorthVIC 3095	Rising Among the strongest in Victoria	Rising	$1,210,000
7	MontmorencyVIC 3094	Rising Among the strongest in Victoria	Rising	$1,180,000
8	ResearchVIC 3095	Rising Among the strongest in Victoria	Rising	$1,590,000
9	ElthamVIC 3095	Rising Among the strongest in Victoria	Rising	$1,290,000
10	ParkvilleVIC 3052	Rising Among the strongest in Victoria	Rising	$1,770,000
11	Middle ParkVIC 3206	Rising Among the strongest in Victoria	Rising	$3,060,000
12	Albert ParkVIC 3206	Rising Among the strongest in Victoria	Rising	$2,470,000
13	HeathmontVIC 3135	Rising Among the strongest in Victoria	Rising	$1,070,000
14	Park OrchardsVIC 3114	Rising Among the strongest in Victoria	Rising	$1,965,000
15	LysterfieldVIC 3156	Rising Among the strongest in Victoria	Rising	$1,400,000
16	Ringwood EastVIC 3135	Rising Among the strongest in Victoria	Rising	$980,000
17	MulgraveVIC 3170	Rising Among the strongest in Victoria	Rising	$1,120,000
18	Diamond CreekVIC 3089	Rising Among the strongest in Victoria	Flat	$1,105,000
19	MacleodVIC 3085	Rising Among the strongest in Victoria	Rising	$1,210,000
20	Upper Ferntree GullyVIC 3156	Rising Among the strongest in Victoria	Rising	$945,000
21	YallambieVIC 3085	Rising Among the strongest in Victoria	Rising	$1,020,000
22	Essendon WestVIC 3040	Rising Among the strongest in Victoria	Rising	$1,480,000
23	EssendonVIC 3040	Rising Among the strongest in Victoria	Rising	$1,840,000
24	EaglemontVIC 3084	Rising Among the strongest in Victoria	Rising	$2,355,000
25	Wattle GlenVIC 3096	Rising Among the strongest in Victoria	-	$1,050,000

Pro shows the forecast change in prices and rents beside each suburb's ranking.

See sample

Strongest 12-month outlook in Melbourne: units

Expected direction of the median unit price, and where each suburb ranks in its state.

#	Suburb	Price outlook	Rent outlook	Median price
1	HamptonVIC 3188	Rising Among the strongest in Victoria	Rising	$1,190,000
2	TullamarineVIC 3043	Rising Among the strongest in Victoria	Rising	$595,000
3	Caulfield NorthVIC 3161	Rising Among the strongest in Victoria	Rising	$645,000
4	Oakleigh SouthVIC 3167	Rising Among the strongest in Victoria	Rising	$820,000
5	KewVIC 3101	Rising Among the strongest in Victoria	Rising	$855,000
6	ElthamVIC 3095	Rising Among the strongest in Victoria	Rising	$805,000
7	MulgraveVIC 3170	Rising Among the strongest in Victoria	Flat	$835,000
8	RowvilleVIC 3178	Rising Among the strongest in Victoria	Rising	$730,000
9	ChadstoneVIC 3148	Rising Among the strongest in Victoria	Easing	$860,000
10	BalwynVIC 3103	Rising Among the strongest in Victoria	Flat	$870,000
11	Hawthorn EastVIC 3123	Rising Among the strongest in Victoria	Rising	$630,000
12	Sunshine WestVIC 3020	Rising Among the strongest in Victoria	Rising	$610,000
13	East MelbourneVIC 3002	Rising Among the strongest in Victoria	Rising	$705,000
14	LalorVIC 3075	Rising Among the strongest in Victoria	Rising	$585,000
15	North MelbourneVIC 3051	Rising Among the strongest in Victoria	Flat	$530,000
16	MacleodVIC 3085	Rising Among the strongest in Victoria	Rising	$755,000
17	SeafordVIC 3198	Rising Among the strongest in Victoria	Rising	$700,000
18	RosannaVIC 3084	Rising Among the strongest in Victoria	Flat	$805,000
19	EaglemontVIC 3084	Rising Among the strongest in Victoria	Flat	$820,000
20	AbbotsfordVIC 3067	Rising Among the strongest in Victoria	Flat	$530,000
21	MitchamVIC 3132	Rising Among the strongest in Victoria	Rising	$855,000
22	FootscrayVIC 3011	Rising Among the strongest in Victoria	Rising	$475,000
23	Essendon NorthVIC 3041	Rising Among the strongest in Victoria	Rising	$415,000
24	Doncaster EastVIC 3109	Rising Among the strongest in Victoria	Rising	$820,000
25	KeysboroughVIC 3173	Rising Among the strongest in Victoria	Rising	$705,000

Weakest 12-month outlook in Melbourne: houses

Suburbs where the median house price outlook is softest, weakest first.

#	Suburb	Price outlook	Rent outlook	Median price
1	CanterburyVIC 3126	Easing Among the weakest in Victoria	Rising	$3,210,000
2	Hawthorn EastVIC 3123	Easing Among the weakest in Victoria	Rising	$2,410,000
3	Lower PlentyVIC 3093	Flat Among the weakest in Victoria	Rising	$1,490,000
4	ArmadaleVIC 3143	Rising Among the weakest in Victoria	Rising	$2,295,000
5	HurstbridgeVIC 3099	Rising Among the weakest in Victoria	Rising	$970,000
6	MalvernVIC 3144	Rising Among the weakest in Victoria	Rising	$2,545,000
7	Keilor EastVIC 3033	Rising Among the weakest in Victoria	Rising	$1,150,000
8	West MelbourneVIC 3003	Rising Among the weakest in Victoria	Rising	$1,300,000
9	Mont AlbertVIC 3127	Rising Among the weakest in Victoria	Rising	$2,215,000
10	Surrey HillsVIC 3127	Rising Among the weakest in Victoria	Rising	$2,170,000
11	South YarraVIC 3141	Rising Among the weakest in Victoria	Rising	$1,980,000
12	HeathertonVIC 3202	Rising Among the weakest in Victoria	Rising	$1,150,000
13	KeilorVIC 3036	Rising Among the weakest in Victoria	Rising	$1,205,000
14	BrightonVIC 3186	Rising Below average for Victoria	Rising	$3,155,000
15	KewVIC 3101	Rising Below average for Victoria	Rising	$2,500,000
16	UpweyVIC 3158	Rising Below average for Victoria	Rising	$910,000
17	Avondale HeightsVIC 3034	Rising Below average for Victoria	Rising	$1,115,000
18	ElsternwickVIC 3185	Rising Below average for Victoria	Rising	$2,120,000
19	Balwyn NorthVIC 3104	Rising Below average for Victoria	Rising	$2,280,000
20	Glen WaverleyVIC 3150	Rising Below average for Victoria	Rising	$1,735,000
21	CarrumVIC 3197	Rising Below average for Victoria	Easing	$1,055,000
22	Brunswick EastVIC 3057	Rising Below average for Victoria	Rising	$1,375,000
23	Patterson LakesVIC 3197	Rising Below average for Victoria	Easing	$1,340,000
24	Wheelers HillVIC 3150	Rising Below average for Victoria	Rising	$1,500,000
25	GlenroyVIC 3046	Rising Below average for Victoria	Rising	$865,000

Weakest 12-month outlook in Melbourne: units

Suburbs where the median unit price outlook is softest, weakest first.

#	Suburb	Price outlook	Rent outlook	Median price
1	Noble ParkVIC 3174	Easing Among the weakest in Victoria	Rising	$600,000
2	Frankston NorthVIC 3200	Easing Among the weakest in Victoria	Rising	$600,000
3	KnoxfieldVIC 3180	Easing Among the weakest in Victoria	Rising	$815,000
4	HeathmontVIC 3135	Easing Among the weakest in Victoria	Rising	$770,000
5	Ringwood EastVIC 3135	Easing Among the weakest in Victoria	Rising	$765,000
6	Bentleigh EastVIC 3165	Easing Among the weakest in Victoria	Rising	$870,000
7	Diamond CreekVIC 3089	Easing Among the weakest in Victoria	Rising	$780,000
8	RingwoodVIC 3134	Easing Among the weakest in Victoria	Rising	$645,000
9	Ringwood NorthVIC 3134	Easing Below average for Victoria	Rising	$910,000
10	Roxburgh ParkVIC 3064	Easing Below average for Victoria	Rising	$500,000
11	CraigieburnVIC 3064	Easing Below average for Victoria	Rising	$480,000
12	Wyndham ValeVIC 3024	Easing Below average for Victoria	Rising	$500,000
13	Bayswater NorthVIC 3153	Flat Below average for Victoria	Rising	$665,000
14	BayswaterVIC 3153	Flat Below average for Victoria	Rising	$700,000
15	CairnleaVIC 3023	Flat Below average for Victoria	Rising	$415,000
16	Caroline SpringsVIC 3023	Flat Below average for Victoria	Rising	$495,000
17	MaidstoneVIC 3012	Flat Below average for Victoria	Rising	$620,000
18	West FootscrayVIC 3012	Flat Below average for Victoria	Rising	$430,000
19	FrankstonVIC 3199	Flat Below average for Victoria	Rising	$580,000
20	Deer ParkVIC 3023	Flat Below average for Victoria	Rising	$580,000
21	BonbeachVIC 3196	Flat Below average for Victoria	Rising	$730,000
22	ChelseaVIC 3196	Flat Below average for Victoria	Rising	$745,000
23	DovetonVIC 3177	Flat Below average for Victoria	Rising	$590,000
24	CamberwellVIC 3124	Flat Below average for Victoria	Rising	$930,000
25	Frankston SouthVIC 3199	Flat Around the middle for Victoria	Rising	$825,000

How to read this

Rising and Easing mean the estimate points clearly up or down over the next 12 months. Anything within 1% either way is shown as Flat, because a change that small is inside the estimate's margin.
The rank compares a suburb with every suburb in its own state that has an outlook, from among the strongest (top fifth) to among the weakest (bottom fifth). The ranking is the most reliable part of the estimate.
Only suburbs with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents and a well-supported median price are listed. Where several suburbs share one postcode's figures, only the largest is shown.
The outlook is re-estimated as new suburb market data arrives, at most about once a fortnight. It describes a suburb's median, not any one property.

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Growth outlook for Melbourne: frequently asked questions

Which Melbourne suburbs have the strongest growth outlook for houses?

On the current estimate, the strongest 12-month outlook for house prices in Melbourne is in Hawthorn VIC 3122, East Melbourne VIC 3002 and North Melbourne VIC 3051. Hawthorn VIC 3122 ranks first (among the strongest in victoria). It is an estimate of direction and relative strength, not a promise of growth.

Which Melbourne suburbs have the strongest growth outlook for units?

For units, the strongest 12-month outlook in Melbourne is in Hampton VIC 3188, Tullamarine VIC 3043 and Caulfield North VIC 3161.

How is the growth outlook estimated?

It is PropRadar's statistical model of suburb markets, checked against years of past outcomes it was not built from. Each suburb is then ranked against every other suburb in Victoria, from among the strongest to among the weakest. Ranking suburbs against each other is the part of the estimate that has held up best in testing.

Is the growth outlook a guarantee?

No. It is a model estimate based on past patterns, and markets can move against it because of interest rates, local supply, policy or events no model sees. Use it to compare suburbs and decide where to look closer, not as a prediction of what any one property will be worth. General information only, not personal advice.

How often does the outlook change?

It is re-estimated as new suburb market data arrives, which happens at most about once a fortnight.

General information only, not personal financial advice. A model estimate of suburb medians, not a valuation or a guarantee of future prices.