3 December 2025

About the Victorian Property Sales Report

The aim of the Victorian Property Sales Report is to present factual information relating to property sales occurring throughout Victoria over a period of 15 months.

The Victorian Property Sales Report provides the most comprehensive quarterly property data available. It represents 93% of settled sales across the state and is based on official Notices of Acquisition.

Valuer-General Victoria commentary

Valuer-General Victoria has provided commentary for the June 2025 quarter – released December 2025.

The figures for the quarter are preliminary and represent 93% of expected settled sales.

Highlights include:

Median house price in Victoria

  • Increased by 1.3% from $740,000 to $750,000 in the June 2025 quarter, having decreased by 1.9% in the previous quarter (December 2024 to March 2025).

Median price of units in Victoria

  • Increased by 1.5% from $590,000 to $599,000 in the June 2025 quarter, having decreased by 1.7% in the previous quarter.
  • The median price of units in Victoria for the March 2025 quarter was lower than the median price of houses.

Melbourne median house price

  • Showed no change, remaining at $850,000 in the June 2025 quarter, and the median unit price increased by 0.8% to $615,000.
  • For the 12 months to June 2025, median sales prices in metropolitan Melbourne decreased by 1.2% and 0.8% for units.

Country Victoria

  • The median house price in country Victoria showed no change, remaining at $580,000.
  • The median unit price increased by 1.2% to $435,000.
  • Over the 12 months to June 2025, median sale prices in country Victoria showed no change for houses and increased by 3.6% for units.

Number of house sales

  • Of the 753 Victorian locations listed, 282 had median house price increases for the June 2025 quarter, compared to 262 in the March 2025 quarter.
  • Ten localities recorded no change, 184 showed a decrease, and 217 had insufficient sales.
  • The highest number of house sales for the quarter was 440 in Tarneit.
  • There were 42 locations with 100 or more sales in the June 2025 quarter.

The Victorian Property Sales Reports are available on the Property sales statistics page:

Page last updated: 03/12/25