Melbourne represents a counter-cyclical entry point in 2026. [cite: 340] Brisbane and Sydney have already had their run. [cite: 340]
The Market Cycle Argument
Melbourne’s median house price sits around $935k to $943k — roughly where Brisbane was 18 months ago. [cite: 343] Brisbane investors saw strong growth from that point. [cite: 344] Melbourne is entering a phase of renewed confidence. [cite: 346]
The Melbourne Fundamentals
- Strongest population growth of any Australian capital city. [cite: 348]
- Over $88 billion in committed infrastructure spending. [cite: 349]
- House prices forecast to grow approximately 6% in 2026. [cite: 350]
- Rental vacancy rates below 2.5% with asking rents rising. [cite: 351]
- Values still 0.7% below the March 2022 peak — the correction has played out. [cite: 352]
Talk to KR Peters. We’re seeing renewed interest from investors who sat out the last two years. [cite: 354] If you’re looking at the south east specifically, we’ve been here since 1982. [cite: 355, 356]
References: 1. InvestorKit. [cite: 358] 2. Australian Property Experts. [cite: 359] 3. SAFORE. [cite: 360] 4. Oliver Hume. [cite: 361]