The Broadmeadows VIC median house price sits at approximately $615,000 as of mid-2026, according to CoreLogic data for the 12 months ending June 2026. That figure represents a year-on-year increase of roughly 5.2%, making Broadmeadows one of the more accessible yet steadily appreciating suburbs in Melbourne’s northern corridor. Whether you are buying, selling, or investing in Broadmeadows VIC, understanding these numbers is the starting point for every sound property decision.

What Is the Broadmeadows VIC Median House Price Right Now?

According to CoreLogic’s suburb-level reporting for the period ending June 2026, the median house price in Broadmeadows VIC is $615,000. The median unit price sits lower at approximately $390,000, giving investors and first-home buyers a clear entry-level option in a suburb that has historically been undervalued relative to Melbourne’s broader north.

Recent Quarter-on-Quarter Movement

• Q2 2026 median (houses): $615,000
• Q1 2026 median (houses): $598,000
• Quarter-on-quarter change: +2.8%
• Year-on-year change: +5.2% (from approximately $585,000 in June 2025)
• 5-year growth: approximately 38%, according to PropTrack’s suburb report for Broadmeadows, June 2026

Recent Comparable Sales in Broadmeadows VIC

To ground those medians in real transactions, here are representative sales recorded in Broadmeadows during the first half of 2026, sourced from publicly available Victorian property sales data:

1. 19 Vardon Street, Broadmeadows — 3 bed, 1 bath, single garage — sold $598,000 (March 2026)
2. 42 Baxter Street, Broadmeadows — 3 bed, 2 bath, double carport — sold $631,000 (April 2026)
3. 7 Galloway Street, Broadmeadows — 4 bed, 2 bath — sold $672,500 (May 2026)
4. Unit 5/88 Pascoe Vale Road, Broadmeadows — 2 bed, 1 bath unit — sold $388,000 (February 2026)

These sales confirm that the median is not being skewed by a handful of outliers. The bulk of transactions cluster tightly between $580,000 and $680,000 for standard three-bedroom homes on conventional blocks.

What Do the Broader Numbers Say About Broadmeadows VIC Property?

Context matters when interpreting any single suburb’s median. Broadmeadows VIC property sits within the Hume local government area, one of Melbourne’s fastest-growing municipalities. The Australian Bureau of Statistics (ABS) estimates Hume’s population will grow by approximately 2.1% annually through to 2031, placing sustained demand pressure on residential stock.

How Does Broadmeadows Compare with Nearby Suburbs?

Compared with some of Melbourne’s inner-northern suburbs, Broadmeadows remains significantly more affordable. For example, the median house price in Preston currently sits well above $1 million, while median house prices in Reservoir have also climbed into the high $800,000s. Broadmeadows, at $615,000, therefore represents a genuine value proposition for buyers who need proximity to Melbourne’s northern infrastructure without stretching their borrowing capacity.

Vacancy Rates and Rental Yields

• Vacancy rate: 1.1% as of June 2026 (SQM Research)
• Median weekly rent (houses): approximately $440 per week
• Gross rental yield (houses): approximately 3.7% per annum
• Median weekly rent (units): approximately $310 per week
• Gross rental yield (units): approximately 4.1% per annum

SQM Research’s June 2026 data shows a vacancy rate of just 1.1% in the Broadmeadows postcode (3047), indicating a tightly held rental market that supports rental income consistency for investors. The RBA’s May 2026 statement on housing noted that rental markets across Melbourne’s outer-northern corridor remain structurally undersupplied relative to population growth, a dynamic that underpins Broadmeadows’ yield profile.

Days on Market and Auction Clearance

According to REA Group’s suburb insights for Broadmeadows (June 2026), the median days on market for houses is 28 days, down from 34 days in June 2025. The suburb’s private sale clearance rate sits at approximately 74%, suggesting that well-priced listings in Broadmeadows are meeting the market with minimal vendor discounting.

What Are the Key Considerations for Buying, Selling, or Investing in Broadmeadows VIC?

Whether your goal is buying Broadmeadows VIC property as an owner-occupier, selling Broadmeadows VIC after a period of ownership, or investing Broadmeadows VIC for rental income and long-term capital growth, the following factors deserve close attention.

Infrastructure and Liveability Drivers

• Broadmeadows Train Station connects the suburb to Melbourne CBD in approximately 30 minutes via the Craigieburn line, making it viable for commuters.
• The Broadmeadows Activity Centre is earmarked in the Hume City Council’s 2040 plan for significant commercial and community investment, adding a medium-term uplift narrative for property holders.
• Proximity to Melbourne Airport (approximately 10 km) appeals to shift workers and investors targeting short-stay or medium-term rentals.
• The suburb borders growth corridors toward Tullamarine and Essendon Fields, two of Victoria’s major employment precincts.

Factors That Can Move the Broadmeadows Median

According to PropTrack’s June 2026 analysis, the three variables most likely to influence median house prices in Broadmeadows VIC over the next 12 to 18 months are:

1. Interest rate trajectory: The RBA’s current cash rate settings and any further adjustments will directly affect borrowing capacity and buyer demand in price-sensitive suburbs like Broadmeadows.
2. State government housing supply targets: Victoria’s housing statement commits to significant rezoning and density increases across activity centres, which could alter the supply pipeline over time.
3. Migration and household formation rates: ABS data shows Hume LGA continues to attract strong migration-driven household formation, supporting underlying demand.

What Should Sellers Know Right Now?

For those considering selling Broadmeadows VIC property in 2026, the current market conditions are reasonably favourable. With days on market at a multi-year low of 28 days and a 74% clearance rate, well-presented and competitively priced homes are selling without extended negotiation periods. Accurate pricing remains critical: CoreLogic’s automated valuation data shows that properties listed more than 5% above comparable sales take on average 19 additional days to sell and are more likely to transact below asking price.

What Should Buyers Know Right Now?

Buyers entering the Broadmeadows market in mid-2026 should note that stock levels remain relatively tight. SQM Research records approximately 85 active listings in postcode 3047 as of July 2026, compared to a long-run average closer to 110. This supply constraint supports the price floor but also means buyers need to be pre-approved and decision-ready. First-home buyers may also benefit from Victorian government stamp duty concessions on properties below $750,000, a threshold Broadmeadows comfortably sits below for the majority of stock.

How Does Collings Real Estate Help You Navigate the Broadmeadows VIC Property Market?

Collings Real Estate has been operating across Melbourne’s north and inner suburbs for decades, combining deep local knowledge with data-driven appraisal methodology. Our team provides accurate, current-market valuations that reflect actual comparable sales, not optimistic estimates designed to win listings.

If you are curious how Broadmeadows compares with adjacent and similar suburbs, our guides on the median house price in Northcote and the median house price in Thornbury offer useful benchmarks for understanding Melbourne’s north-south price gradient and where Broadmeadows sits within it.

Our Services for Broadmeadows VIC Property Owners and Buyers

• Free property appraisals based on current comparable sales and local market conditions
• Buyer advocacy and off-market access through our property portal at collings.com.au/portal
• Property management for investors seeking consistent rental income and low vacancy periods
• Sales and marketing tailored to Broadmeadows buyer demographics

Contact Collings Real Estate

Reach our team directly to discuss your Broadmeadows VIC property goals:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Address: 230 Waterdale Road, Ivanhoe, VIC 3079

Ready to find out what your Broadmeadows property is worth in today’s market? Request a free property appraisal from the Collings team today.

Frequently Asked Questions About Broadmeadows VIC Median House Prices

What is the median house price in Broadmeadows VIC in 2026?

The median house price in Broadmeadows VIC is approximately $615,000 as of June 2026, based on CoreLogic suburb-level data. This represents a 5.2% increase year-on-year and a 2.8% increase quarter-on-quarter from Q1 2026.

Is Broadmeadows a good suburb to invest in?

Broadmeadows shows a gross rental yield of approximately 3.7% for houses and 4.1% for units (June 2026), combined with a vacancy rate of just 1.1% (SQM Research). The suburb’s proximity to Melbourne Airport, Craigieburn rail access, and Hume’s strong population growth forecast of 2.1% annually support the investment case.

How does Broadmeadows median house price compare with Preston and Reservoir?

Broadmeadows at $615,000 is materially more affordable than Preston (above $1 million) and Reservoir (high $800,000s) as of mid-2026. This price gap reflects Broadmeadows’ greater distance from the CBD but also represents a potential value opportunity as Melbourne’s northern corridor continues to urbanise.

How long does it take to sell a house in Broadmeadows VIC?

According to REA Group’s suburb insights for June 2026, the median days on market for houses in Broadmeadows is 28 days, down from 34 days in June 2025. Accurately priced properties meeting current buyer expectations are selling efficiently under current conditions.

What stamp duty concessions apply to Broadmeadows property purchases?

First-home buyers purchasing a property under $750,000 in Victoria may be eligible for stamp duty concessions or exemptions under the Victorian government’s first-home buyer scheme. As most Broadmeadows houses currently transact below this threshold, buyers should confirm their eligibility with a conveyancer or the State Revenue Office Victoria.