Canberra is Australia’s highest-income city, with median household income exceeding $2,800 per week driven by government employment. Melbourne is Australia’s largest city by population growth. Both offer strong long-term fundamentals. Here is the full GeeVee 2026 comparison.
| Metric | Melbourne | Canberra |
|---|---|---|
| Median House Price | $935,000 | $920,000 |
| Median Unit Price | $580,000 | $530,000 |
| Gross Yield (House) | 3.2% | 3.8% |
| Gross Yield (Unit) | 4.1% | 5.1% |
| 5-Year Growth | 28% | 34% |
| Median HH Income | $1,890/wk | $2,820/wk |
| GeeVee Score | 7.4/10 | 7.7/10 |
GeeVee Verdict
Canberra wins on income, yield and five-year growth at similar price points. Melbourne wins on population growth, market depth and long-term infrastructure. Canberra units at $530,000 with 5.1% gross yield are an outstanding 2026 entry point for yield-focused investors.
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