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Melbourne tipped to lead 2026 property boom
Melbourne tipped to lead 2026 property boom 8 August 2025 Matthew Hughes SOURCE: Mortgage Choice WRITER: David Bonaddio August 7, 2025 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% next year, according to KPMG research. 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% — 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%, 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%. KPMG chief economist Dr Brendan Rynne said Melbourne’s property market was on the verge of coming out of its post-Covid slumber. “We expect strong gains next year, particularly in the un
SOURCE: Mortgage Choice WRITER: David Bonaddio August 7, 2025 Melbourne is set to lead the… Read Article