Meridian Ledger

Estate Prices in Melbourne

Quick answer

A estate in Melbourne is estimated at A$4,285,000–A$15,910,000, or about A$1,070–A$1,990 per square foot for a typical size of 4,000–8,000 sq ft.

Estimated PriceA$4,285,000–A$15,910,000
Per Sq FtA$1,070–A$1,990
Typical Size4,000–8,000 sq ft

Toorak remains the most consistently prestigious address in this market.

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Frequently Asked Questions

How much does a estate cost in Melbourne?

Estimated prices range from A$4,285,000–A$15,910,000, or roughly A$1,070–A$1,990 per square foot, for a typical size of 4,000–8,000 sq ft.

What drives estate prices in Melbourne?

Toorak remains the most consistently prestigious address in this market.

Are these live listing prices?

No. These are independent estimates from the method on our methodology page, not prices from any specific listing, agent, or brokerage.

Comparable Markets

Estate in Houston
$1,800,000–$9,100,000
Estate in Charleston
$2,250,000–$8,550,000
Estate in Las Vegas
$3,000,000–$12,350,000
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Published 5 October 2026 · Last reviewed 5 October 2026

Figures are independent estimates, not live listing prices. See how we estimate and our disclaimer.