Melbourne market snapshotHow is the Melbourne property market right now?
The City of Melbourne (inner city) is cooler than most of Australia right now. Our market data scores it 37 out of 100 (Cool) with homes selling in about 52 days and 23% of sales going above the asking price.
Market score, the City of Melbourne (inner city)
0 Cold25 Cool40 Neutral55 Warm68 Hot100
52 daysto sell a homeTypical days on market
23%of homes sold above askingShare of sales above the asking price
2.96%rental vacancyThe City of Melbourne (inner city)
Source: Citadel Agency market data, September 2026, based on sales, listings and rental vacancy data. Updated monthly. Scores describe how strongly homes are selling now. They are not a forecast by Citadel Agency, and past performance is not a reliable indicator of future performance.
FAQMelbourne buyers agent questions, answered
What does a buyers agent do in Melbourne?+
A buyers agent in Melbourne represents the purchaser and works in their best interest. We assess your goals, analyse suburbs using data on growth, rental demand, demographics and infrastructure, and find on-market and off-market properties that suit your strategy. We manage inspections, due diligence, zoning checks and negotiation so you secure the right investment property.
Why should I use a buyers agent in Melbourne instead of buying myself?+
Buying without a proven framework often leads to costly mistakes. We analyse growth corridors, infrastructure pipelines and supply to secure a property that fits your financial goals, and we negotiate for you.
Do you only work with investors in Melbourne?+
Our focus is property investors, in Melbourne and across Australia. We build wealth through strategic purchases, and we are happy to talk through any purchase on a free strategy call.
How do you choose the right Melbourne investment property?+
We start with your financial position and goals, then model risk, cash flow and growth across suburbs. From there we shortlist the strongest areas and secure the right property, often off market or pre market.
Do you buy outside Melbourne?+
Yes. We buy Australia wide, and we have deep experience in Melbourne and the Victorian markets that are performing best at any given time.
What makes Citadel Agency different from other buyers agents in Melbourne?+
We combine national research, data modelling and strong local relationships. We focus on long-term capital growth, risk management and disciplined buying for investors who value performance over speculation.
Can you manage the entire Melbourne buying process?+
Yes. From finance and due diligence through to negotiation and settlement, we manage every stage with your broker, conveyancer and property manager.
How do I get started?+
Book a free 30 minute strategy call. We map your goals, talk through Melbourne opportunities and show you how our Game Plan works.
How fast is Melbourne’s population growing?+
Greater Melbourne had about 5.44 million people in 2024–25, after growing 2.0% that year. The Centre for Population projects about 6.46 million by 2035–36.
What infrastructure is being built in Melbourne?+
The Metro Tunnel opened on 30 November 2025 and the West Gate Tunnel on 14 December 2025. North East Link is due to open in 2028, and Suburban Rail Loop East began tunnelling in September 2026 with trains targeted for 2035.
What has the Victorian Government changed for property investors?+
Rental reforms from 25 November 2025 banned no-fault evictions and rental bidding and extended rent increase notice to 90 days. Regular gas and electrical safety checks started on 13 October 2026, and Plan for Victoria targets 2.24 million extra homes by 2051.