You are pricing Broadmeadows and the headline number matters: $733,503 for houses, $434,476 for units. The real decision is whether you chase the family-house growth story or take the cheaper unit yield play without pretending they are the same bet.
The Verdict
The winner for most Broadmeadows buyers is the three-bedroom house at the $733,503 median, because it is the clearest read on where local demand is sitting in early 2026. Houses are up 9.3% year on year, the median days on market is 27 days, and there were 216 settled sales over the last 12 months. That is not a sleepy market. It is a market where decent family homes are still being absorbed quickly, especially when they are well-presented and priced close to the suburb median.
Units are the better yield play, not the better all-round pick. The $434,476 unit median is much easier to enter, the 4.7% rental yield beats the 3.1% house yield, and the 20% deposit target is around $86,895 instead of $146,700. But the house story has the stronger capital-growth signal: the house median has moved from $513,428 in 2022 to $733,503 in 2026 YTD. If you only read one line, read this: buy the house if you can comfortably carry it, buy the unit only if rental yield and lower entry cost matter more than land. Do not stretch into a five-bedroom house just because the spreadsheet looks grand; at a $1,173,604 median, you will regret the debt load if the property is not genuinely superior.
Local Reality
Broadmeadows is not a market where the cheapest listing automatically wins. The numbers say quality properties on good streets are competitive, and the 60% auction clearance rate backs that up without pretending every auction is a frenzy. Median days on market at 27 days means buyers still get a window to inspect, compare, and negotiate, but the better houses do not sit around waiting for a slow decision.
Use Broadmeadows station and the suburb’s main shopping strip as your mental anchors when reading prices. Anything that gives you easier daily movement, simpler shopping, and less dependence on driving is likely to hold attention from both buyers and renters. The rental market is tight at a 1.9% vacancy rate, which is landlord-favourable, but that does not make every property a good investment. A tired house with expensive maintenance can eat the 3.1% yield quickly, and a cheap unit with weak appeal can still sit behind better-presented stock.
Skip this if you are expecting inner-north polish at outer-north pricing. Broadmeadows is a practical buyer’s suburb: the appeal is entry price, land, transport, rental demand, and room for families, not cafe-strip prestige. If your search is mostly west of your daily commute pattern or you need a different school, work, or family geography, compare the neighbouring suburb before locking onto Broadmeadows just because the median looks reachable.
Who This Suits
If you are a first-home buyer with a stable income, pick the three-bedroom house and budget around the $733,503 median, plus stamp duty of about $33,007 with first-home buyer concessions if eligible. If you are a pure investor, pick the two-bedroom unit around the $434,476 median and focus on the 4.7% yield, not emotional upside. If you are upgrading for family space, compare the four-bedroom median of $953,553 against what you actually need; the jump from three to four bedrooms is real money. If you are downsizing or buying for lower maintenance, the unit market makes sense, but do not confuse cheaper with automatically safer.
Cost expectations are blunt. A median house needs roughly a $146,700 deposit at 20%, before purchase costs. A median unit needs roughly $86,895. Stamp duty on the median house is listed at $40,342 before concessions, so cash planning matters as much as the sale price. On the rental side, the current median is $412 per week for a three-bedroom house and $389 per week for a two-bedroom unit, which explains why units show the stronger yield.
Timing matters too. In a 27-day median market, you should have finance, conveyancer review, and inspection strategy ready before the good listing appears. Early 2026 figures are based on settled sales to March 2026, so treat them as a live market reference rather than a promise. If rates, supply, or buyer confidence shifts, the median will lag what you feel at inspections.
What to Do Next
Use the $733,503 house median as your baseline, then inspect against condition, location, and rental appeal before bidding. For street-by-street buying context, read the Broadmeadows property market guide before you trust any single listing price.
Current Median Prices
| Property Type | Median Price | YoY Change | Rental Yield |
|---|---|---|---|
| Houses | $733,503 | +9.3% | 3.1% |
| Units/Apartments | $434,476 | +7.8% | 4.7% |
Market Indicators:
- Days on market (median): 27 days
- Auction clearance rate: 60%
- Total sales (last 12 months): 216 settled
Price Breakdown by Bedroom Count
Houses
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 2-bedroom | $513,452 | $440,101 - $586,802 |
| 3-bedroom | $733,503 | $623,477 - $843,528 |
| 4-bedroom | $953,553 | $843,528 - $1,100,254 |
| 5+ bedroom | $1,173,604 | $1,026,904 - $1,467,006 |
Units & Apartments
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 1-bedroom | $325,857 | $260,685 - $369,304 |
| 2-bedroom | $434,476 | $369,304 - $499,647 |
| 3-bedroom | $586,542 | $521,371 - $651,714 |
Growth Trend (5-Year View)
| Year | House Median | Unit Median |
|---|---|---|
| 2022 | $513,428 | $322,128 |
| 2023 | $561,320 | $347,146 |
| 2024 | $613,678 | $374,108 |
| 2025 | $670,921 | $403,163 |
| 2026 (YTD) | $733,503 | $434,476 |
Rental Market
Current rental medians in Broadmeadows:
| Property Type | Weekly Rent | Annual Yield |
|---|---|---|
| House (3br) | $412/wk | 3.1% |
| Unit (2br) | $389/wk | 4.7% |
Vacancy rate: 1.9% (tight market, landlord-favourable)
Data sources: REIV quarterly median reports, Domain suburb profiles, CoreLogic RP Data. Figures represent settled sales for the 12 months to March 2026. Individual sale prices vary significantly based on condition, aspect, and exact location.
