Fastest-Falling Suburbs in Victoria

The weakest year-on-year median house-price changes across Victoria, ranked from the latest available suburb data.

762 eligible suburbs · latest price period 31 December 2025 · Valuer-General and ABS data

Ranked suburbs

Population 200+ · positive price required

Fastest-Falling Suburbs in Victoria
Rank	Suburb	Postcode	Median price	YoY	Population	Income / wk
1	Lake Boga	—	$360,000	-35.1%	982	$1,416
2	Gunbower	—	$185,000	-33.5%	578	$1,062
3	Travancore	—	$1,275,000	-32.9%	2,116	$1,692
4	Silverleaves	—	$727,500	-25.4%	322	$1,298
5	Wycheproof	—	$198,500	-25.1%	610	$1,011
6	Kaniva	—	$177,500	-23.3%	891	$1,121
7	South Geelong	—	$682,500	-23.3%	1,014	$1,642
8	East Melbourne	—	$2,800,000	-23.3%	4,896	$2,345
9	Red Hill (vic.)	—	$1,500,000	-23.0%	1,009	$2,344
10	Lake Wendouree	—	$1,000,000	-22.6%	2,878	$1,953
11	Meredith	—	$574,500	-22.4%	821	$1,638
12	Hepburn Springs	—	$750,000	-22.1%	368	$1,232
13	Rushworth	—	$300,000	-22.1%	1,411	$850
14	Bundalong	—	$755,000	-22.0%	512	$1,527
15	Flinders (vic.)	—	$2,000,000	-22.0%	1,130	$2,104
16	Port Albert	—	$400,000	-21.8%	403	$981
17	Barnawartha	—	$520,500	-21.7%	987	$1,742
18	Eildon	—	$333,000	-21.2%	944	$932
19	Carisbrook	—	$465,000	-20.9%	1,192	$1,205
20	Flowerdale (vic.)	—	$505,000	-20.5%	790	$1,223
21	Violet Town	—	$446,500	-19.5%	936	$955
22	Jamieson (vic.)	—	$550,000	-19.4%	382	$880
23	Menzies Creek	—	$821,000	-18.7%	966	$2,336
24	Nichols Point	—	$580,000	-17.1%	1,723	$2,087
25	Manifold Heights	—	$1,020,000	-17.1%	2,681	$1,820
26	Marlo	—	$575,000	-17.0%	602	$1,383
27	Rhyll	—	$807,500	-16.8%	836	$1,254
28	Malvern (vic.)	—	$2,755,000	-16.5%	9,929	$2,606
29	Hepburn	—	$600,000	-16.4%	631	$1,256
30	Aireys Inlet	—	$1,345,000	-16.2%	979	$1,642
31	Lindenow	—	$394,000	-16.2%	527	$1,292
32	Caulfield	—	$1,930,000	-15.5%	5,748	$2,143
33	St Andrews Beach	—	$1,305,000	-15.3%	974	$1,931
34	Indented Head	—	$700,000	-14.9%	1,391	$1,201
35	South Yarra	—	$1,980,000	-14.8%	25,028	$2,063
36	Pioneer Bay	—	$465,000	-14.5%	365	$961
37	Chum Creek	—	$716,500	-13.9%	981	$1,902
38	Euroa	—	$480,000	-13.9%	3,508	$1,079
39	Rupanyup	—	$207,000	-13.8%	545	$1,083
40	Foster	—	$490,000	-13.7%	2,044	$975
41	Metung	—	$600,000	-13.2%	1,899	$1,219
42	Apollo Bay (vic.)	—	$790,000	-12.2%	1,790	$1,144
43	Toora (vic.)	—	$395,000	-12.2%	713	$935
44	Wahgunyah	—	$476,000	-11.9%	1,061	$1,280
45	Cape Schanck	—	$1,300,000	-11.7%	569	$2,189
46	Cape Paterson	—	$750,000	-11.2%	1,111	$1,285
47	Mount Beauty	—	$525,000	-11.0%	910	$994
48	Mckenzie Hill	—	$744,000	-10.9%	775	$1,477
49	Ventnor (vic.)	—	$785,000	-10.8%	982	$1,292
50	Toongabbie (vic.)	—	$565,000	-10.5%	1,085	$1,732
51	Fitzroy (vic.)	—	$1,571,000	-10.2%	10,431	$2,194
52	Traralgon East	—	$746,000	-10.1%	1,780	$2,306
53	Willaura	—	$243,500	-9.8%	439	$976
54	Minyip	—	$162,000	-9.7%	525	$894
55	Burnley	—	$1,290,000	-9.7%	794	$2,423
56	Warrandyte	—	$1,250,000	-9.4%	5,541	$2,742
57	Port Fairy	—	$850,000	-9.3%	3,742	$1,450
58	Fairhaven	—	$1,725,000	-9.2%	390	$2,023
59	Wesburn	—	$655,000	-9.2%	1,052	$1,548
60	Murtoa	—	$255,000	-8.9%	897	$1,007
61	Murchison (vic.)	—	$425,000	-8.6%	884	$952
62	Lucknow (vic.)	—	$515,000	-8.4%	1,439	$1,361
63	Trentham	—	$897,500	-8.4%	1,382	$1,489
64	Cowes	—	$747,500	-8.3%	6,593	$1,026
65	Yarram	—	$387,500	-8.3%	2,136	$889
66	Essendon West	—	$1,537,500	-8.2%	1,559	$2,338
67	Aberfeldie	—	$1,850,000	-8.0%	3,925	$2,571
68	Hampton (vic.)	—	$2,300,000	-7.9%	13,518	$2,682
69	Narre Warren North	—	$1,560,000	-7.8%	8,033	$2,634
70	Chelsea	—	$1,115,500	-7.8%	8,347	$1,683
71	Golden Beach (vic.)	—	$380,000	-7.3%	356	$714
72	Macedon	—	$1,020,000	-7.3%	2,073	$2,353
73	Sunset Strip (vic.)	—	$595,000	-7.0%	503	$1,009
74	Seaholme	—	$1,210,000	-6.9%	2,067	$2,145
75	Mount Martha	—	$1,705,000	-6.8%	19,846	$2,097
76	Strathmore (vic.)	—	$1,518,000	-6.8%	8,980	$2,506
77	Portarlington	—	$830,000	-6.7%	4,436	$1,064
78	Tongala	—	$420,000	-6.7%	1,973	$1,220
79	Anglesea	—	$1,364,000	-6.6%	3,208	$1,701
80	Rye	—	$935,000	-6.5%	9,438	$1,334
81	Attwood	—	$870,000	-6.5%	3,309	$2,209
82	Caulfield East	—	$1,595,000	-6.5%	1,293	$1,682
83	East Bendigo	—	$535,000	-6.4%	2,246	$1,258
84	Warneet	—	$670,500	-6.4%	565	$1,544
85	San Remo (vic.)	—	$867,500	-6.2%	1,700	$1,337
86	Kinglake	—	$727,500	-6.1%	1,662	$1,737
87	Lovely Banks	—	$712,500	-6.1%	2,782	$1,991
88	St Helena	—	$1,125,000	-6.1%	2,890	$2,256
89	Warranwood	—	$1,270,000	-5.9%	4,820	$2,852
90	Lake Gardens	—	$701,000	-5.9%	1,801	$1,534
91	Clunes (vic.)	—	$470,000	-5.9%	1,844	$1,037
92	Penshurst (vic.)	—	$282,500	-5.8%	677	$1,014
93	Sailors Gully	—	$471,000	-5.8%	743	$1,319
94	Tynong	—	$777,500	-5.8%	523	$1,976
95	Coleraine	—	$250,000	-5.7%	1,062	$850
96	Deepdene (vic.)	—	$3,305,000	-5.6%	2,101	$2,243
97	Wattle Glen	—	$992,500	-5.5%	1,911	$2,425
98	Pearcedale	—	$890,000	-5.5%	3,867	$2,009
99	Birregurra	—	$662,500	-5.4%	942	$1,521
100	Peterborough (vic.)	—	$725,000	-5.2%	322	$1,383

Showing the top 100 of 762 eligible suburbs.

About this ranking

The Victorian suburbs with the lowest year-on-year median price changes lead this table. It sorts the year-on-year change observations supplied in the suburb dataset after removing records with no positive median and ABS Statistical Areas below the 200-resident threshold. Prices come from state Valuer-General-derived records, while population and household context come from the ABS Census. The newest period available anywhere in the response is disclosed, but suburb transaction windows and sample sizes may differ. A falling median can reflect which homes sold, not a uniform repricing of every address; sparse turnover makes that distinction particularly important. The ranking is useful for describing the lower end of the reported change distribution, but it is not a repeat-sales measure, a prediction, evidence of forced selling or advice to buy, hold or sell in Victoria.

Fastest-Falling Suburbs in Victoria

Lake Boga

Gunbower

Travancore

Ranked suburbs

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