Real Estate Radar

October 2026 data · Melbourne · VIC

West Melbourne house prices: median price and growth

Median house
$1.32m
▲ +2.6% in 12 months
Median unit
$530k
▲ +6.0% in 12 months
Sold in 12 months
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The median house price in West Melbourne is $1.32m (October 2026), up 2.6% over 12 months. Units have a median of $530k, up 6.0% over 12 months. That puts West Melbourne below the typical Inner Melbourne suburb ($1.63m) and number 4 of the 13 suburbs around it.

West Melbourne (outlined) and neighbouring suburbs by median house price, October 2026, in the Market Dashboard's colours for VIC. Open the interactive map for trends, rents and sales.

West Melbourne price changes

TypeMedian3 mo6 mo12 mo
House$1.32m▲ +1.8%▼ −3.7%▲ +2.6%
Unit$530k▼ −1.0%▲ +2.1%▲ +6.0%

Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.

West Melbourne compared with nearby suburbs

Suburbs within about 1 km of West Melbourne, dearest house median first. Select a column heading to sort.

HouseUnit
Parkville$1.79m▲ +1.4%▲ +1.3%▲ +3.6%$456k▼ −4.6%▼ −3.1%▼ −10.7%
Port Melbourne$1.50m▼ −3.1%▼ −3.7%▼ −5.2%$720k0.0%▲ +2.1%▲ +4.0%
Carlton$1.35m▲ +1.2%▼ −4.6%▼ −0.4%$335k▲ +4.4%▲ +8.1%▲ +3.1%
West Melbourne$1.32m▲ +1.8%▼ −3.7%▲ +2.6%$530k▼ −1.0%▲ +2.1%▲ +6.0%
North Melbourne$1.23m▼ −2.8%▼ −4.7%▼ −2.4%$503k▼ −1.4%▲ +0.6%▲ +2.7%
Yarraville$1.19m▼ −0.8%▲ +0.5%▲ +5.0%$672k▲ +6.9%▲ +12.0%▲ +12.0%
Docklands$1.18m▼ −14.2%▼ −13.2%▼ −32.2%$580k0.0%▼ −0.9%▼ −3.4%
Spotswood$1.17m▲ +1.3%▼ −0.4%▼ −3.7%$763k▼ −1.9%▼ −4.9%▲ +4.2%
Seddon$1.11m▼ −0.9%▲ +1.4%▲ +3.5%$555k▼ −2.6%▼ −6.3%▼ −3.9%
Flemington$1.10m▼ −0.2%▼ −3.1%▼ −3.1%$526k▲ +7.8%▲ +1.8%▼ −5.0%
Kensington$1.06m▼ −6.2%▼ −5.8%▼ −2.8%$480k▲ +0.5%▲ +5.8%▲ +0.5%
Footscray$910k▼ −4.1%▼ −0.8%▼ −1.1%$473k▲ +1.6%▲ +3.8%▲ +3.9%
Melbourne$550k▲ +14.7%▲ +25.9%▼ −56.4%$460k0.0%0.0%▲ +0.9%

Living in West Melbourne

From the 2021 ABS Census: West Melbourne against the Melbourne council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.

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FigureWest MelbourneMelbourne (council)VIC
People
Population8,025185,7216,503,500
Median age313139
Families with children🔒🔒🔒
Born overseas53.5%50.9%30.0%
Language other than English at home🔒🔒🔒
Work and education
Median household income$1,788/wk$1,717/wk$1,856/wk
Median personal income🔒🔒🔒
Professionals and managers🔒🔒🔒
Unemployment🔒🔒🔒
Bachelor degree or higher🔒🔒🔒
Completed Year 12🔒🔒🔒
Housing
Owned outright🔒🔒🔒
Owned with a mortgage🔒🔒🔒
Rented65.2%64.0%28.5%
Separate houses🔒🔒🔒
Flats and apartments🔒🔒🔒
Median weekly rent🔒🔒🔒
Median mortgage repayment🔒🔒🔒
Advantage
SEIFA advantage (IRSAD), Australian decile🔒🔒🔒

🔒 Age, occupation and ancestry breakdowns for West Melbourne, its council and VIC

Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.

Common questions

What is the median house price in West Melbourne?

The median house price in West Melbourne was $1.32m in October 2026, up 2.6% on a year earlier. The typical Inner Melbourne suburb median was $1.63m.

What is the median unit price in West Melbourne?

The median unit price in West Melbourne was $530k in October 2026, up 6.0% over 12 months.

Is West Melbourne more expensive than nearby suburbs?

Of the 12 neighbouring suburbs with a median house price, 3 are dearer than West Melbourne and 9 are cheaper or the same.

Where does this data come from?

Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.