Search
Close this search box.

VIC Market Update

Dive into our property data and uncover the latest trends unfolding across Victoria.

Subscribe Now

Victoria Market Update

Melbourne (3000) holds onto #1

The Melbourne CBD retained its top spot, with a slight dip in sales volume from Q4 2024 to Q1 2025. Continued investor confidence, increased apartment turnover, and post-pandemic demand for city living are likely helping keep the CBD in demand.

Tarneit (3029) stays at #2, but interest softens

Tarneit maintained its #2 rank, though with fewer transactions in Q1 2025. This may reflect seasonal fluctuation or cooling in the west after a prolonged period of high demand. It remains a popular choice for growing families and new home builds.

Reservoir (3073) climbs from #5 to #3

Reservoir jumped two spots between Q4 2024 and Q1 2025, reflecting growing demand for well-connected northern suburbs offering a mix of housing types and established infrastructure.

South Yarra (3141) and Richmond (3121) hold strong in the inner suburbs

South Yarra rose from #5 to #4, while Richmond remained in the top 10, showing steady interest in premium inner-urban living. These areas continue to attract professionals, investors, and downsizers with restaurants, shopping and nightlife on the doorstep.

St Kilda (3182) and Southbank (3006) return to the top 10

These two postcodes re-entered the top 10 in Q1 2025, signalling a resurgence in demand for lifestyle-driven, high-density living — likely supported by a growing rental market and improved vacancy rates. 

Sunbury (3429) and Traralgon (3844) fall in rank

Sunbury dropped from #3 to #9, and Traralgon fell to #10. While both remain important growth areas, this may indicate a temporary cooling in the market or buyer interest shifting toward other regions.

Stay informed with the latest property insights

Subscribe Now

Industry insights on buyer activity

The Western Sydney suburbs are continuing to thrive, highlighting a market that’s balancing affordability, infrastructure access and long-term growth potential.
Lee Bailie
Head of Property AU | InfoTrack
Whether it’s beach views or backyard space, Queensland buyers are mixing things up in the chase for lifestyle, location, and smart value.
Sandra Falzon
General Manager, Marketing | InfoTrack