October 2026 data · Yarra Ranges · VIC

Monbulk house prices: median price and growth

Q: What is the median house price in Monbulk?

The median house price in Monbulk was $900k in October 2026, up 12.4% on a year earlier. The typical Melbourne suburb median was $1.10m.

Q: What is the median unit price in Monbulk?

The median unit price in Monbulk was $650k in October 2026.

Q: Is Monbulk more expensive than nearby suburbs?

Of the 6 neighbouring suburbs with a median house price, 5 are dearer than Monbulk and 1 is cheaper or the same.

Q: 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.

Median house: $900k
Median unit: $650k
Sold in 12 months: 🔒

The median house price in Monbulk is $900k (October 2026), up 12.4% over 12 months. Units have a median of $650k. That puts Monbulk below the typical Melbourne suburb ($1.10m) and number 6 of the 7 suburbs around it.

Median house price

$2.25M+
$2M–$2.25M
$1.75M–$2M
$1.5M–$1.75M
$1.25M–$1.5M
$1M–$1.25M
$750K–$1M
$500K–$750K
<$500K

Monbulk (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.

Monbulk price changes

Type	Median	3 mo	6 mo	12 mo
House	$900k	▲ +0.3%	▲ +2.0%	▲ +12.4%
Unit	$650k	–	–	–

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.

Monbulk compared with nearby suburbs

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

	House				Unit

Macclesfield	$1.63m	▼ −6.3%	▼ −9.7%	▼ −3.2%	–	–	–	–
The Patch	$1.13m	▼ −5.8%	▲ +7.1%	▲ +17.7%	–	–	–	–
Olinda	$1.10m	▲ +1.1%	▲ +3.5%	▲ +10.0%	–	–	–	–
Kallista	$1.03m	▼ −1.2%	▼ −4.4%	▲ +2.6%	–	–	–	–
Emerald	$934k	▼ −4.9%	▼ −2.8%	▼ −3.8%	$640k	–	–	–
Monbulk	$900k	▲ +0.3%	▲ +2.0%	▲ +12.4%	$650k	–	–	–
Silvan	$883k	▼ −6.6%	▼ −42.5%	▼ −32.1%	–	–	–	–

Living in Monbulk

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

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Figure	Monbulk	Yarra Ranges (council)	VIC
People
Population	3,651	162,918	6,503,500
Median age	41	40	39
Families with children	🔒	🔒	🔒
Born overseas	15.7%	17.1%	30.0%
Language other than English at home	🔒	🔒	🔒
Work and education
Median household income	$1,722/wk	$1,994/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	🔒	🔒	🔒
Rented	14.3%	13.8%	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 Monbulk, 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 Monbulk?

The median house price in Monbulk was $900k in October 2026, up 12.4% on a year earlier. The typical Melbourne suburb median was $1.10m.

What is the median unit price in Monbulk?

The median unit price in Monbulk was $650k in October 2026.

Is Monbulk more expensive than nearby suburbs?

Of the 6 neighbouring suburbs with a median house price, 5 are dearer than Monbulk and 1 is 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.