Australian Property Intelligence Property Intelligence

Brisbane 53% selling below asking

Melbourne 53 days median time to sell

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Sydney 22,726 properties listed

Sunshine Coast 58 days median time to sell

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Suburb property market

Melbourne Property Market

See what properties are being listed for, what buyers are actually paying and how quickly homes are selling in Melbourne.

Melbourne October2026 Last 12 months

Spachus market report Melbourne

Tracked sold properties 700 Tracked sales in the past 12 months

Median listing price $500,000 Median original listing expectation

Median sold price $888,888 Spachus Pro

Listing to sold difference -$88,888 Spachus Pro

Market overview

What the data says about Melbourne

Over the past 12 months, Spachus tracked 700 sales in Melbourne. The median original listing price was $500,000, while properties took a median of 27 days to sell. Spachus Pro unlocks sold-price comparisons, buyer negotiation outcomes and the property-level data behind the suburb.

Median time to sell 27 days Typical tracked selling time

Sold over listing 88% Spachus Pro

Sold under listing 88% Spachus Pro

Highest sold price $8,888,888 Spachus Pro

Price movements

Melbourne current price reductions

Active listings where the asking price has moved below the original listing price.

408/120 Abeckett Street, Melbourne

408/120 Abeckett Street, Melbourne

Listed: $970,000
Now: $950,000 (-2.1%)

2023/199 William Street, Melbourne VIC 3000

2023/199 William Street, Melbourne VIC 3000

Listed: $655,000
Now: $598,000 (-8.7%)

4802/318 Queen Street, Melbourne VIC 3000

4802/318 Queen Street, Melbourne VIC 3000

Listed: $3,200,000
Now: $3,000,000 (-6.3%)

601 Little Collins Street, Melbourne VIC 3000

601 Little Collins Street, Melbourne VIC 3000

Listed: $475,000
Now: $450,000 (-5.3%)

209/100 Exhibition Street, Melbourne VIC 3000

209/100 Exhibition Street, Melbourne VIC 3000

Listed: $585,000
Now: $525,000 (-10.3%)

3210/260 Spencer Street, Melbourne VIC 3000

3210/260 Spencer Street, Melbourne VIC 3000

Listed: $770,000
Now: $690,000 (-10.4%)

112/394 Collins Street, Melbourne VIC 3000

112/394 Collins Street, Melbourne VIC 3000

Listed: $520,000
Now: $475,000 (-8.7%)

202/339 Swanston Street, Melbourne VIC 3000

202/339 Swanston Street, Melbourne VIC 3000

Listed: $250,000
Now: $240,000 (-4.0%)

2801/639 Lonsdale Street, Melbourne VIC 3000

2801/639 Lonsdale Street, Melbourne VIC 3000

Listed: $450,000
Now: $429,000 (-4.7%)

4303/80 Abeckett Street, Melbourne VIC 3000

4303/80 Abeckett Street, Melbourne VIC 3000

Listed: $600,000
Now: $500,000 (-16.7%)

3909/639 Lonsdale Street, Melbourne VIC 3000

3909/639 Lonsdale Street, Melbourne VIC 3000

Listed: $495,000
Now: $490,000 (-1.0%)

1222/43 Therry Street, Melbourne VIC 3000

1222/43 Therry Street, Melbourne VIC 3000

Listed: $185,000
Now: $179,000 (-3.2%)

Recent sales

Recently sold in Melbourne

See how recent tracked sale prices compared with their original listing prices.

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