Hume Property Market & Development Rates — May 2026 | Suburbtrends

Hume Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Hume SA4 range from $520,000 (Wangaratta - Benalla) to $655,000 (Wodonga - Alpine). The stock-weighted rental vacancy rate is 2.5%, ranging from 1.0% in Wangaratta - Benalla to 5.8% in Upper Goulburn Valley. Top median house rent is $630/week in Baranduda - Leneva.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$655k
Wodonga - Alpine median house
$585k
Upper Goulburn Valley median house
+10.1%
Top SA3 growth (Wodonga - Alpine)
2.5%
SA4 vacancy (weighted)
$630/wk
Top house rent (Baranduda - Leneva)
1,725
Houses listed for sale

What is the median house price in the Hume?

Median house prices across the Hume's SA3 markets span $520,000 to $655,000, with Wodonga - Alpine the most expensive market and Wangaratta - Benalla the most affordable.

SA3 house markets, Hume — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Wodonga - Alpine$655,000+10.1%$445,00062
Upper Goulburn Valley$585,000+0.9%$450,00078
Wangaratta - Benalla$520,000+5.1%$350,00048
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Upper Goulburn Valley827736521
Wodonga - Alpine557977122
Wangaratta - Benalla341721515

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
BeechworthWodonga - Alpine$840,000+0.0%
Wangaratta SurroundsWangaratta - Benalla$805,000−0.6%
Mansfield (Vic.)Upper Goulburn Valley$751,500+0.2%
Yea Upper Goulburn Valley$720,000
Bright - Mount BeautyWodonga - Alpine$720,000+20.0%
Baranduda - LenevaWodonga - Alpine$717,000+13.8%
Yackandandah Wodonga - Alpine$715,000
Myrtleford Wodonga - Alpine$690,000
West WodongaWodonga - Alpine$650,000+18.4%
Seymour Surrounds Upper Goulburn Valley$645,000
WodongaWodonga - Alpine$631,000+23.2%$449,000
AlexandraUpper Goulburn Valley$630,000+10.9%
Kilmore - BroadfordUpper Goulburn Valley$610,000+1.7%$430,000
Chiltern - Indigo Valley Wodonga - Alpine$590,000
NagambieUpper Goulburn Valley$545,000−9.2%
WangarattaWangaratta - Benalla$540,000+2.7%$388,500
Benalla Surrounds Wangaratta - Benalla$528,000
EuroaUpper Goulburn Valley$485,000−2.0%
BenallaWangaratta - Benalla$485,000+10.2%$345,000
Rutherglen Wangaratta - Benalla$470,000
SeymourUpper Goulburn Valley$435,000+0.7%
TowongWodonga - Alpine$385,000−10.5%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Hume areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Wodonga +23.2%, Bright - Mount Beauty +20.0%, West Wodonga +18.4%, Baranduda - Leneva +13.8%, Alexandra +10.9%. The softest market was Towong (-10.5%).

What is the rental vacancy rate in the Hume?

The stock-weighted rental vacancy rate across the Hume SA4 is 2.5% as at May 2026. Conditions range from 1.0% in Wangaratta - Benalla to 5.8% in Upper Goulburn Valley — a critically tight market.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Wangaratta - Benalla1.1%1.1%1.1%2.1%1.7%1.0%205
Wodonga - Alpine0.7%0.3%0.0%0.8%1.4%1.8%384
Upper Goulburn Valley2.3%4.7%4.1%4.8%5.2%5.8%174

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Hume?

Median house rents across the Hume run to $630/week in Baranduda - Leneva at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Baranduda - Leneva$630$480$580$650
Mansfield (Vic.)$600$450$570$650
Rutherglen$550$430$520$585
Chiltern - Indigo Valley$550$470$510$590
West Wodonga$550$430$540$600
Yackandandah$550$430$520$600
Beechworth$520$420$530$610
Bright - Mount Beauty$520$440$550$650
Wodonga$520$440$510$600
Seymour Surrounds$510$400$480$650
Euroa$500$475$495$500
Kilmore - Broadford$500$410$460$540
Nagambie$500$430$490$570
Yea$500$395$470$550
Benalla$500$380$480$570
Benalla Surrounds$500$380$520$500
Wangaratta$500$400$490$620
Wangaratta Surrounds$480$420$470$570
Myrtleford$480$365$480$590
Seymour$450$380$450$520
Towong$450$600$410$590
Alexandra$430$360$430$650
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Mansfield (Vic.)$475$475$530
Nagambie$450$550$500
Bright - Mount Beauty$450$450$550
West Wodonga$440$440$490
Baranduda - Leneva$440$410$540
Kilmore - Broadford$410$400$460
Rutherglen$410$420
Wodonga$410$400$520
Yackandandah$400$400
Benalla$380$380$450
Wangaratta$380$380$500
Beechworth$380$380$695
Seymour$370$370$400
Yea$370$370$400
Chiltern - Indigo Valley$355$355
Euroa$350$380
Wangaratta Surrounds$350$345
Myrtleford$340$340$650
Alexandra$330$330
Benalla Surrounds$325
Towong$280$280$450

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Hume — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.