Median price
$525k
Apartments · Annual · VGV 2025
Sales (2025)
2,843
Active market
Price range
$525k–$525k
10th–90th pct
What different budgets can access
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
| Budget | Market access | Grade | Est. properties |
|---|---|---|---|
| $350,000 | ~16% | D — Very limited | ~455 of 2,843 |
| $425,000 | ~30% | C — Limited | ~853 of 2,843 |
| $525,000 | ~50% | B — Competitive | ~1,422 of 2,843 |
| $700,000 | ~76% | A — Strong access | ~2,161 of 2,843 |
Price distribution
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $250k
~3%
$250k–$400k
~22%
$400k–$650k
~46%
$650k–$950k
~23%
Over $950k
~7%
See if your budget is realistic for Melbourne
Check my search →Frequently asked questions
What is the median apartment price in Melbourne?
The median apartment price in Melbourne was $525,000 in 2025, based on 2,843 recorded sales from the Victorian Valuer General.
Is Melbourne affordable on a $425,000 budget?
A $425,000 budget gives access to an estimated 30% of the Melbourne apartment market (estimated from market distribution curves).
How many apartments sold in Melbourne in 2025?
2,843 apartments were recorded in Melbourne in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).
What is the price range for apartments in Melbourne?
Sale prices in Melbourne ranged from $525,000 (10th percentile) to $525,000 (90th percentile) in 2025.