A 3% shift in Melbourne’s median price sounds like a market story. In reality, it tells you very little about the prope…

16 September 2026

A 3% shift in Melbourne’s median price sounds like a market story. In reality, it tells you very little about the property sitting in front of you.⁠ ⁠ Markets don’t move evenly. One suburb can tighten while another softens. One seller may have leverage while another is far more negotiable. The headline number might be moving one way while the opportunity in a specific property is moving another.⁠ ⁠ That distinction matters, because buyers and sellers rarely transact at the median. They transact one property, one negotiation and one set of circumstances at a time.⁠ ⁠ This is why broader market data should inform the decision, not make it for you.