Book a call ↗Data & Geography · Updated Sept 2026
What is a Median House Price (And Why Can It Mislead Investors)?
Formula / Rule: Middle Settled Sale Price (#50th Percentile) Over Rolling 12 Months
Ripehouse Benchmark: Must Be Paired with R-Score & Street Score. Check any market live in our Suburb R-Score tool or Street Score tool.
How to Read Median House Price (vs Average Price) in Australian Property
| Reading / Tier | Market Interpretation | What It Means for Property Investors |
|---|---|---|
| Median Price | Middle sale in ordered list | Standard headline metric; can be skewed by stock composition |
| Ripehouse R-Score (0–100) | 27 supply, demand, momentum & yield indicators | Captures real-time market pressure before 12m medians catch up |
| SA1 Street Score (0–100) | Block-level tenure, rent & yield vs suburb median | Separates premium homeowner streets from lower-priced pockets |
Why a rising median does not always mean a rising market
Imagine a suburb where 3-bedroom houses on the south side sell for $550,000 and 4-bedroom houses on the north side sell for $850,000. If 70% of sales this quarter happen on the north side, the published suburb median jumps by $150,000 overnight without a single house increasing in value. Our 27-indicator R-Score and block-level SA1 analysis control for that distortion.
Top Australian Suburbs Measured this Month (Sept 2026)
| Suburb | State & Council (LGA) | R-Score | Median Price | Gross Yield | Vacancy | Drill Down |
|---|---|---|---|---|---|---|
| Docklands (3008) | VIC · Melbourne | 100/100 | $1,152,000 | 16.2% | 7.4% | Suburb · Streets → |
| Alice Springs (0870) | NT · Alice Springs | 100/100 | $355,000 | 15.4% | 2.1% | Suburb · Streets → |
| Weyba Downs (4562) | QLD · Sunshine Coast | 100/100 | $1,001,000 | 15.1% | 11.1% | Suburb · Streets → |
| Goodmans Ford (2575) | NSW · Upper Lachlan Shire | 100/100 | $380,000 | 14.9% | 25% | Suburb · Streets → |
| Bunyan (2630) | NSW · Snowy Monaro Regional | 100/100 | $380,000 | 14.6% | 0% | Suburb · Streets → |
| Knowsley (3523) | VIC · Greater Bendigo | 100/100 | $540,000 | 10.6% | 12.5% | Suburb · Streets → |
| Mia Mia (3444) | VIC · Greater Bendigo | 100/100 | $250,000 | 10.4% | 11.1% | Suburb · Streets → |
| Myalup (6220) | WA · Harvey | 100/100 | $435,000 | 10.2% | 5% | Suburb · Streets → |
Apply the Data to Your Portfolio
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Book a free 15-minute discovery call with Ripehouse Advisory. We will review your equity, borrowing capacity, and show you how our suburb and street screening works in practice.
Keep Exploring the Glossary
Gross Rental Yield
Rental Vacancy Rate
Ripehouse Suburb R-Score
Ripehouse Street Score
Days on Market (DOM)
Owner-Occupier Ratio
Median House Price (vs Average Price) FAQs
Frequently Asked Questions: Median House Price (vs Average Price)
What is a Median House Price (And Why Can It Mislead Investors)?
A suburb’s median house price is the middle settled sale price when all house sales in that suburb over a given period (typically 12 months) are ordered from lowest to highest. While more resistant to extreme outliers than a simple mean average, a 12-month suburb median is a lagging indicator that can shift artificially due to changes in the mix of homes sold (for example, more 4-bedroom homes selling than 3-bedroom homes) rather than genuine value growth. That is why Ripehouse Advisory combines median price trends with 26 other supply, demand, and rental indicators in the monthly Suburb R-Score.
How is Median House Price (vs Average Price) calculated or measured in Australia?
Median House Price (vs Average Price) is measured using the formula: Middle Settled Sale Price (#50th Percentile) Over Rolling 12 Months. Ripehouse Advisory’s target benchmark band is: Must Be Paired with R-Score & Street Score.
How can I check Median House Price (vs Average Price) for any Australian suburb or street?
You can inspect live monthly R-Scores, median prices, weekly rents, gross yields, vacancy rates, and ABS SA1 Street Scores across 15,000+ suburbs and 518,400+ streets for free at ripehouseadvisory.com.au/suburbs and /streets.