Albion recorded the sharpest increase in median unit prices among metropolitan suburbs in the December quarter of 2025, with prices nearly doubling to $557,800, according to the latest Real Estate Institute of Victoria (REIV) data.
It comes as the state’s median unit and apartment price increased two per cent over the quarter to $656,500, compared with a 1.8 per cent rise in house prices to $973,500.
Unit and apartment living is increasingly providing the first step on the property ladder for many Victorians, according to REIV.
REIV chief executive Toby Balazs said the data confirms both market growth and a structural shift in housing.
“Unit and apartment living is no longer a secondary option – it is a core part of Victoria’s housing mix, providing a more affordable entry point into the market,” Mr Balazs said.
“With constrained land and housing supply and sustained population growth, medium-density housing is an increasingly sought-after option.“
Across Brimbank, the latest data revealed Keilor as the suburb with the most significant median house price increase last quarter, jumping 17.3 percent to $1.2 million.
Brooklyn came in second place with a 14.2 per cent increase to a median house price of $868,000 followed by Albion, where house prices grew 13.4 per cent to $870,000.
Kings Park and Albanvale rounded off the top five suburbs in Brimbank for median house price percentage increases, jumping 8.6 per cent to $730,000 and 6.9 per cent to $721,000 respectively.
Keilor’s $1.2 million median sale price made it the least affordable suburb in the municipality followed by Keilor Lodge, which recorded a median house price of $1 million.
The most affordable suburbs for houses in Brimbank last quarter were Ardeer, which recorded a median house price of $718,000, and Albanvale.
The Brimbank suburb with the greatest drop in median house price percentage was Cairnlea, recording a decrease of -7.1 per cent to $900,000 followed by Taylors Lakes and Sunshine North where prices fell -6.7 per cent and -4.5 per cent respectively.
It comes after Sunshine North’s median house price jumped 13.8 per cent the previous September 2025 quarter.
