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6 stories for Victoria

A row of brightly painted timber bathing boxes on the sand at Brighton Beach, Melbourne, under a clear blue skyVIC

Victoria

Victoria’s Prestige Property Market in 2026: Toorak’s Long Game

Melbourne's trophy estates and its broader upper-end market tell different stories. Agency commentary records a landmark Toorak sale, while independent market indices show a wider correction.

4 min read

Overhead view of a Melbourne suburban street grid with red and grey tiled roofsVIC

Victoria

Melbourne House Median Reaches $973,500 as Units Gain Faster

REIV’s December quarter 2025 results show a fourth quarter of growth across major market segments, with Melbourne units and apartments rising 2.0 per cent to $656,500.

1 min read

Rows of suburban Melbourne houses with tiled roofs among street treesVIC

Victoria

Victoria Lost More Than 24,000 Rentals in 2024 as Investors Sold

Bond data showed Victoria's rental stock shrank by 3.6 per cent in a single year. First home buyers accounted for a larger share of lending, while statewide rent growth slowed in the year to April 2025.

2 min read

A green Melbourne tram passing a historic railway station building in the CBDVIC

Victoria

Victoria Names 25 More Train and Tram Zones for Higher-Density Homes

The February 2025 announcement took Melbourne's activity centre program to 60 locations, with planning rules to allow taller housing around stations from Noble Park to Kew. The government says the reforms will lead to more than 300,000 new homes.

2 min read

Melbourne's CBD skyline at sunrise, viewed from above the Yarra River corridorVIC

Victoria

Melbourne Ends 2024 as the Only Big Capital Going Backwards

CoreLogic's year-end figures showed Melbourne home values down 3 per cent over 2024 while Perth, Adelaide and Brisbane posted double-digit gains, leaving Victoria's capital among the cheaper cities in the country.

2 min read

A modern apartment tower with stacked balconies rising against a dusk sky in Port MelbourneVIC

Victoria

Victoria Opens Off-the-Plan Stamp Duty Concession to All Buyers

From 21 October 2024, anyone buying an apartment, unit or townhouse off the plan in Victoria could deduct construction costs when calculating stamp duty, with price caps removed, in a 12-month stimulus aimed at getting stalled projects moving.

2 min read