Photo: Pat Whelen / Unsplash Melbourne is one of the pricier markets here. A 3-bedroom home runs about +235.8% versus the global median of $330k.
Median purchase price
1-bedroom $272,000 +62.9%
vs global median $167k
2-bedroom $418,000 +79.4%
vs global median $233k
3-bedroom $1,108,000 +235.8%
vs global median $330k
Source & date. Median home-purchase prices in USD, starter dataset v2026.1 (2026-05). Directional figures for comparing markets — not a valuation of any specific property. Methodology →
More in Australia
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3-bed median $453k Above median +37.3%
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3-bed median $592k Above median +79.4%
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3-bed median $1.09M Above median +229.4%
Perth Australia
3-bed median $1.14M Above median +244.5%
Brisbane Australia
3-bed median $1.15M Above median +248.5%
Gold Coast Australia
3-bed median $1.39M Above median +321.5%