Melbourne tipped to lead 2026 property boom | Source: REA, KPMG
Melbourne is set to lead the nation for home price growth in 2026, with new forecasts suggesting a typical home could surge almost $65,000.
Nationally, house prices are only expected to increase by 4.5 per cent next year, according to the latest Residential Property Outlook from KPMG.
Increases will be driven by improving sentiment, renewed investor activity and the growing likelihood of further rate relief.
KPMG has updated its national forecast and named Melbourne as the top-performing capital in 2026, with house prices expected to rise 6.6 per cent — which would add $64,878 to the city’s current $983,000 house price median, based on latest PropTrack home value data. It would equate a whopping about $178 a day.
Melbourne unit prices in the city are also tipped to lift by 7.1 per cent, increasing the $609,000 typical unit’s price by more than $43,000, and only surpassed by Darwin — with national growth only tipped for 5.1 per cent.
Note: This article has been sourced from Real Estate as published on the 30th of September 2025.
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