October was another exceptionally quiet month for the Stonnington housing market.

According to the latest PropertyData figures, just 25 houses sold above $2 million in October 2026, compared with 56 during October 2025, a decline of 55.4%.

Interestingly, the median sale price increased, although with significantly fewer transactions, this is more likely to reflect the mix of properties sold than a broad increase in property values.

All sales below are from PropertyData Online, listed from highest to lowest price, as reported on 6 November 2026.

October 2026: 25 recorded sales

PropertySale priceSale date
13 Haverbrack Avenue, Malvern$13,600,00028 October 2026
60 Avoca Street, South Yarra$11,300,00029 October 2026
7 Montalto Avenue, Toorak$9,900,00028 October 2026
29 Darling Street, South Yarra$9,800,00013 October 2026
28 Nott Street, Malvern East$7,500,00022 October 2026
20 Bates Street, Malvern East$7,460,00027 October 2026
7A Monomeath Avenue, Toorak$4,350,00022 October 2026
1 Canberra Grove, Malvern$4,325,00014 October 2026
114 Stanhope Street, Malvern$4,000,00027 October 2026
37 Canterbury Road, Toorak$3,900,0005 October 2026
45 Ranfurlie Crescent, Glen Iris$3,600,00024 October 2026
3 Forster Avenue, Malvern East$3,600,00028 October 2026
11A Jessamine Avenue, Prahran$3,530,00024 October 2026
29 Vincent Street, Glen Iris$3,320,00021 October 2026
4 Harvey Street, Malvern$3,320,00020 October 2026
31 Nott Street, Malvern East$3,025,00018 October 2026
23 The Grange, Malvern East$2,780,0009 October 2026
24 Clara Street, South Yarra$2,725,00027 October 2026
4 Dalny Street, Malvern$2,658,00016 October 2026
9 Belson Street, Malvern East$2,610,0009 October 2026
31 Castlebar Road, Malvern East$2,610,0003 October 2026
37 Hume Street, Armadale$2,525,5008 October 2026
1753 Malvern Road, Glen Iris$2,375,00019 October 2026
22 Stuart Street, Armadale$2,162,50017 October 2026
20 Emo Road, Malvern East$2,160,00024 October 2026

October 2025: 56 recorded sales

PropertySale priceSale date
12 Yarradale Road, Toorak$19,500,00022 October 2025
159 Kooyong Road, Toorak$16,500,00023 October 2025
17 Manning Road, Malvern East$11,300,00015 October 2025
374 Glenferrie Road, Malvern$8,800,00024 October 2025
2B Stonnington Place, Toorak$8,520,00029 October 2025
16 Denham Place, Toorak$8,400,0003 October 2025
62A Avoca Street, South Yarra$6,500,0001 October 2025
39 Glassford Street, Armadale$6,460,00028 October 2025
137 Finch Street, Glen Iris$5,800,00029 October 2025
45 Coppin Street, Malvern East$5,350,0004 October 2025
9 Boyanda Road, Glen Iris$5,250,00015 October 2025
31 Embling Road, Malvern$4,770,00028 October 2025
28 Embling Road, Malvern$4,718,00023 October 2025
50 Perth Street, Prahran$4,488,00029 October 2025
28 The Avenue, Malvern East$4,435,00025 October 2025
107 Stanhope Street, Malvern$4,350,00028 October 2025
16 Glenbervie Road, Toorak$4,330,00021 October 2025
20 Turner Street, Malvern East$4,285,0008 October 2025
34 Cressy Street, Malvern$3,943,8776 October 2025
38 Lorne Road, Prahran$3,830,00025 October 2025
24 Grandview Road, Glen Iris$3,585,00025 October 2025
11 Euston Street, Malvern$3,531,00025 October 2025
15 Ash Grove, Malvern East$3,463,00023 October 2025
328 Wattletree Road, Malvern East$3,420,00025 October 2025
58 Ardrie Road, Malvern East$3,405,00025 October 2025
30A Parslow Street, Malvern$3,311,00013 October 2025
1A Landale Road, Toorak$3,185,00024 October 2025
40 Irving Avenue, Prahran$3,100,00023 October 2025
112 Darling Road, Malvern East$3,075,00020 October 2025
2007–2009 Malvern Road, Malvern East$3,020,00028 October 2025
1/24 Hill Street, Toorak$3,000,00030 October 2025
8 Belmont Avenue, Glen Iris$2,920,00028 October 2025
1809 Malvern Road, Glen Iris$2,910,00025 October 2025
35 Nirvana Avenue, Malvern East$2,860,00025 October 2025
93 Rose Street, Armadale$2,731,00018 October 2025
67 Greville Street, Prahran$2,725,00011 October 2025
10 Penny Lane, South Yarra$2,725,0003 October 2025
4 Hyslop Parade, Malvern East$2,710,00018 October 2025
49 Somers Avenue, Malvern$2,700,00029 October 2025
60 McArthur Street, Malvern$2,690,0008 October 2025
145 Manning Road, Malvern East$2,625,00023 October 2025
10 Edna Street, Malvern East$2,600,00018 October 2025
1 Young Street, Glen Iris$2,501,50025 October 2025
37 Anderson Street, Malvern East$2,490,00025 October 2025
39 Elizabeth Street, Malvern$2,420,0001 October 2025
18 Moore Street, South Yarra$2,400,00018 October 2025
15 Northcote Road, Armadale$2,325,00023 October 2025
74 Coppin Street, Malvern East$2,300,00021 October 2025
8 Berrima Avenue, Malvern East$2,255,0002 October 2025
39 Surrey Road, South Yarra$2,225,00017 October 2025
1/10 Dene Avenue, Malvern East$2,220,00026 October 2025
1/22 Mercer Road, Armadale$2,210,00011 October 2025
72A Paxton Street, Malvern East$2,130,00031 October 2025
5 Bellevue Avenue, Malvern East$2,100,0004 October 2025
54 Emo Road, Malvern East$2,085,00018 October 2025
30 Spring Street, Prahran$2,055,00020 October 2025

Year-on-year comparison

MeasureOctober 2026October 2025DifferencePercentage change
Total recorded sales255631 fewer sales−55.4%
Median sale price$3,530,000$3,087,500+$442,500+14.3%
Sales above $4 million81810 fewer sales−55.6%
Total recorded sale value$119,136,000$239,537,377−$120,401,377−50.3%
Average sale price$4,765,440$4,277,453+$487,987+11.4%

The standout figure is the 55.4% decline in transactions, with sales above $4 million also falling sharply.

Interestingly, both the median and average sale prices increased. However, with significantly fewer properties changing hands, these figures are heavily influenced by the mix of homes sold and should not be interpreted as evidence that individual property values have increased by 14%.

The bigger story remains the lack of transaction activity. Fewer homeowners are selling, and buyers are showing little urgency, even with reduced choice.

Source and methodology: PropertyData/REIV reports generated 6 November 2026. Figures include reported October house sales strictly above $2 million, limited to properties identified in the reports as being within the City of Stonnington. Properties in the City of Melbourne, despite having a South Yarra address, have been excluded. Figures may change as further sales are reported.

These are not counts of all house sales across Stonnington.

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