House and unit prices across Melbourne’s northern suburbs mostly recorded growth in the three months to December 2025, according to new Real Estate Institute of Victoria (REIV) data.
In Hume, price growth was led by Keilor, with the median house price jumping 17.3 per cent over the quarter to $1.2 million.
Diggers Rest followed with an 11 per cent rise to $716,000, while Greenvale climbed 8.2 per cent to $930,000.
Kalkallo is one of the more affordable suburbs rising 6.7 per cent to $680,000, while Gladstone Park rose 5.5 per cent to $850,000.
However, Roxburgh Park and Tullamarine bucked the trend, recording quarterly declines of 3.5 per cent and 4.2 per cent respectively.
In Whittlesea, houses in Mernda and Doreen led growth rising by 4.8 per cent to median prices of $770,000 and $844,000.
Wollert recorded one of the lowest median house prices in the municipality at $740,000, a 4.2 per cent increase in the quarter.
While Mill Park and Bundoora recorded jumps of over 4 per cent to $950,000 and $901,000, the neighbouring suburb of South Morang dropped by 4.2 per cent to $815,000.
There were even more significant changes to unit prices across the north, with Broadmeadows surging 15.2 per cent to $565,000 and Meadow Heights rising 15.1 per cent.
In some areas of Whittlesea unit prices fell sharply. In Bundoora unit prices fell 16.1 per cent to $470,000 and in Wollert units were down 5.4 per cent and Thomastown 2.7 per cent.
Across metropolitan Melbourne, median house prices increased 1.8 per cent over the quarter to $973,500, while unit prices rose 2 per cent to $656,500.
REIV chief executive Toby Balazs said the data confirms both market growth and a structural shift in housing.
“Unit and apartment living is no longer a secondary option, it’s a core part of Victoria’s housing mix,” he said.
Mr Balazs said the growth comes after constrained housing supply and sustained population growth.
“Medium-density housing is an increasingly sought-after option… providing a more affordable entry point into the market,” he said.
