Superannuation Calculator for Melbourne — 2025
The Melbourne property and finance market in 2025 reflects Greater Melbourne conditions. With a median house price of approximately $850,000 and median weekly rents around $530, understanding your mortgage repayments, tax obligations and investment returns is essential for Melbourne residents making financial decisions.
Melbourne Property Market Overview
The Melbourne residential property market has a median house price of approximately $850,000 as of 2025. Units and apartments in Melbourne typically trade at 20–35% below house prices, offering a more accessible entry point for first home buyers. Rental vacancy rates in Melbourne have been tight, keeping rents elevated at approximately $530/week for houses.
Mortgage Considerations for Melbourne Buyers
At the Melbourne median house price of $850,000, a typical first home buyer with a 20% deposit would be borrowing approximately $680,000. At current VIC variable rates (6.0–6.5% variable (2025)), monthly repayments on this amount over 30 years would be approximately $4,186. Melbourne-area lenders offer similar rates to national averages — a mortgage broker can compare options.
VIC Stamp Duty for Melbourne Buyers
FHBs pay zero duty on homes to $600K; concession to $750K. For a property at the Melbourne median price of $850,000, use our stamp duty calculator above to determine your exact duty obligation.
Renting in Melbourne
The Melbourne rental market averages approximately $530/week for houses and $434/week for units. Yield-conscious investors should note that rental yields in Melbourne typically range from 2.5–3.5%.