Melbourne House Prices Forecast to Grow 6.8% in 2026

Feb 01, 2026By Chris Mason
Chris Mason

Melbourne house prices are forecast to rise 6.8% in 2026, with further growth expected into 2027, according to KPMG’s latest outlook. Growth is expected to be more moderate than in some interstate markets, but Melbourne’s comparatively lower price base and ongoing supply constraints are supporting continued value uplift.


Recent price outcomes across Manningham show how demand translates into local values. Cotality data indicates house prices in Park Orchards have increased 17.7% over the past five years, while Doncaster has recorded annual growth of 9.9%. Warrandyte South values are up 12.8% over five years, reflecting the premium buyers place on land, location and established neighbourhoods.


In markets where supply is limited, property values are increasingly shaped by what buyers are willing to pay to secure scarce assets rather than by broader sentiment alone. Understanding these demand-driven dynamics is critical when lenders, insurers and liquidators assess property equity, risk and realisable value across Manningham.


#Melbourneproperty #Manningham #housevalues


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Clear, independent valuation advice supports informed decision-making as market conditions evolve. To access evidence-based reports tailored to Manningham properties, call Mason’s Valuation Office on 0417 741 481 or visit https://propertyvaluation.melbourne/about-us/#contact.