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Australia market

MG MGB

1962–1980

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  • Lowest price

    $11,000

    Since 2020

  • Median price

    $22,425

    Since 2020 · n=6

  • Highest price

    $24,500

    Since 2020

  • Sold cars

    6

    All time

  • Sell-through

    100%

    Of 6 lots

MG MGB

Based on 6 verified auction results

BUYBottomed Outhigh confidence

$22,425

Market value · recent verified sales

-9.9%

12-month change

Strong Buy

Trend favours buyers right now. Move while supply is loose.

Price has settled around current levels after a decline (12-mo change -9.9%). Often a buy window before recovery.

MSRP

Collectibility

5/10

Collectible

3-Year Forecast

$17,649

-21%

5-Year Forecast

$16,379

-27%

Estimates based on 6 verified Australia sales.

Market scores

40

Desirability

Thin

30

Liquidity

Weak

25

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1972

    +$6,096+27%

    36 with · 31 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Australian MG MGB market has compressed to a median of $22,425 AUD, down 9.9 percent year-on-year, signaling a bottom after sustained softness. With only six transactions tracked over the past twelve months and just one active listing currently available, liquidity is thin enough to require patience from both buyers and sellers.

The MGB occupies the stable modern classic tier with moderate desirability, a positioning that reflects its enduring cultural standing but limited collector competition. The thin transaction base means individual sales carry outsized influence on apparent trends, so the recent 9.9 percent decline should be read as a correction rather than a structural collapse.

Base projections show further downward movement over three and five years, with values expected to drift toward $17,649 AUD within thirty-six months and $16,379 AUD within five years. That trajectory reflects softer demand across the broader British sports car segment in Australia rather than a model-specific deterioration, and the high-confidence "bottomed out" signal suggests current pricing has absorbed most of the near-term pressure.

Entry conditions favour buyers willing to navigate the sparse inventory; the sub-$23,000 threshold presents a stable floor for patient acquisition. The persistence of at least one active listing demonstrates ongoing willingness to bring cars to market, even as price expectations have reset downward across the segment.

Depreciation Benchmark

  • Current avg value$22,425
  • Annual appr. rate-9.9%/yr

Vehicle History Signals

  • Auction lots tracked70
  • Damage or salvage declared0 (0.0%)
  • No damage declared70 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation$1,420
  • Total annual cost$9,030

For sale now · 2 live

All live deals

Market Liquidity

  • Active Listings1
  • Sales Last 12 Months2
  • Sell-Through33%

Market Snapshot

  • Active Listings1
  • Avg Sale Price$19,433
  • Avg Mileage at Sale
  • Recent Price Range$11,000 – $24,500
  • Total Sales Tracked6

Recent sales

Showing latest 6
  • $13,250

    Collecting Cars · 5 Mar 2026

  • $23,000

    Collecting Cars · 29 Jan 2026

  • $24,500

    Collecting Cars · 26 Feb 2025

  • $11,000

    Collecting Cars · 22 Oct 2024

  • $21,850

    Collecting Cars · 10 Sept 2024

  • $23,000

    Collecting Cars · 28 Aug 2024

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.