Banyule · VIC · 19 suburbs tracked

Banyule house prices, 2026.

The median house price in Banyule is $1,263,500, the median of 15 suburb medians from verified government sales data. Below: house prices in the busiest suburbs, then the fastest-growing, most affordable and highest-priced suburbs in the Banyule region of Victoria.

Median house price in Banyule

Median house

$1.3M

median of suburb medians

Median unit

$684K

median of suburb medians

Typical annual growth

N/A

house prices, last 12 months

Median house rent

$650/wk

weekly, across tracked suburbs

What Banyule house prices are doing

The median house price across the Banyule region is $1,263,500. That figure is the median of 15 suburb medians, each drawn from government sales records, rather than an average, so a handful of waterfront or acreage suburbs cannot drag it up. The median unit price is $684,000. The median house rent is $650 a week.

Among established suburbs, the most affordable is Heidelberg West at $750,000 and the dearest is Ivanhoe East at $2,732,500, a 3.6-times gap across the one region. The table below lists the established suburbs with their medians.

Source: suburb medians from the VIC valuer-general or state sales records and the ABS, aggregated by Your Property Guide, sales data last refreshed May 2026; page generated 22 October 2026. Only the 15 of 19 tracked suburbs whose own page publishes a median contribute to price figures: a verified sales source, and at least five recorded sales where the count is reported.

House prices by suburb in Banyule

#SuburbMedian price12-month changeHouse salesPrices
1Montmorency3094$1,150,000--View →
2Rosanna3084$1,365,500--View →
3Heidelberg3084$1,440,000--View →
4Viewbank3084$1,120,000--View →
5Eltham North3095$1,331,000--View →
6Heidelberg Heights3081$891,500--View →
7Watsonia3087$941,000--View →
8Heidelberg West3081$750,000--View →
9Lower Plenty3093$1,207,500--View →
10Eaglemont3084$2,120,500--View →
11Watsonia North3087$863,500--View →
12Ivanhoe East3079$2,732,500--View →
13Research3095$1,530,500--View →

Most affordable Banyule suburbs

#SuburbMedian price12-month changePrices
1Heidelberg West3081$750,000-View →
2Watsonia North3087$863,500-View →
3Heidelberg Heights3081$891,500-View →
4Watsonia3087$941,000-View →
5Viewbank3084$1,120,000-View →
6Montmorency3094$1,150,000-View →
7Lower Plenty3093$1,207,500-View →
8Eltham North3095$1,331,000-View →

Banyule's highest median prices

#SuburbMedian pricePrices
1Ivanhoe East3079$2,732,500View →
2Eaglemont3084$2,120,500View →
3Research3095$1,530,500View →
4Heidelberg3084$1,440,000View →
5Rosanna3084$1,365,500View →
6Eltham North3095$1,331,000View →
7Lower Plenty3093$1,207,500View →
8Montmorency3094$1,150,000View →

Real estate agents in Banyule

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Commission in Victoria typically runs 1.6% to 2.5%. On the Banyule median of $1,263,500 that is $20,216 to $31,588, before marketing. Rates are negotiable; see the VIC commission guide.

Banyule property market questions

What is the median house price in Banyule?
The median house price across the Banyule region of VIC is $1,263,500, calculated as the median of 15 suburb-level medians from verified government sales data. The median unit price is $684,000.
What are the cheapest suburbs in Banyule?
Among established suburbs (population 1,000+) with verified sales data, the most affordable suburbs in the Banyule region by median house price are Heidelberg West, Watsonia North, Heidelberg Heights.

Suburbs in Banyule

All 19 suburbs in the Banyule region, Victoria. Medians are shown only where the suburb’s own page publishes one.

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Data source

Figures are aggregated from suburb-level medians sourced from state valuers-general, state government sales records and the ABS. Only suburbs whose own page publishes a median contribute to price figures (15 of 19 tracked Banyule suburbs): a verified sales source, and at least five recorded sales where the count is reported. A 12-month change is shown where the state’s sales feed measures one, and left out beyond 25%. Full methodology →

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