Seddon and South Kingsville led the inner-west real estate market for the final quarter of 2025 according to the latest data from the Real Estate Institute of Victoria (REIV).
Unit prices in Seddon jumped by 54 per cent in the three months to December 2025, hitting an average sale price of $895 thousand, while houses in South Kingsville rose by 53.5 per cent to $1.5 million, the second highest median in Hobsons Bay and Maribyrnong.
Seddon was one of just a handful of Melbourne suburbs where unit prices rose by more than 50 per cent, as the market overall grew by 2 per cent, with a median price of $656,500.
The nearby suburbs of Kingsville, Yarraville, Footscray and Maribyrnong also recorded doubled-digit increases, as did Seabrook and Altona Meadows, while growth elsewhere was more modest.
However, in Williamstown there was no growth at all, with unit prices crashing by 32 per cent to a median of $586,000.
Altona North also experienced a substantial drop, falling by 18 per cent to a median of $776,000.
By contrast, housing market was mostly positive, with only a few modest reductions.
Ironically, Seddon was among them, with house prices dropping by 5.6 per cent to a median of $1.1 million, while Maidstone, West Footscray and Williamstown also suffered reductions of under 5 per cent.
Williamstown’s fall of 0.6 per cent didn’t prevent it retaining the highest median house price in the inner west at $1.6 million.
Seaholme experienced the biggest drop in house prices, falling by 10 per cent to $1.2 million.
Williamstown North house prices rose by 10 per cent to $1.4 million, behind only Williamstown and South Kingsville, while Altona and Newport both jumped by more than 20 per cent to $1.3 million, the same price as Yarraville which increased by 8 per cent.
Director and auctioneer at Woodards Real Estate in Yarraville, Leo Dardha, said judging by the start of 2026, the positive results were likely to continue.
“There’s been a surge in buyers walking through our doors in the last two weeks,” Mr Dardha said.
“Compared to January last year, we’ve probably seen a 50 per cent increase.”
