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Why do return flight costs vary depending on the country of origin?

I am trying to book a return flight from Melbourne to Singapore, but it is costing me AUD 999, i.e. almost 60% more than Singapore to Melbourne return flight (which is SGD 800 i.e. approx AUD 600). I am not able to understand the reason behind this.

Both the flights MEL-SIN-MEL and SIN-MEL-SIN involves one flight each from Singapore to Melbourne and Melbourne to Singapore, the only difference is the order of flights.

Note: Both the prices are normal, regular prices and not a sale price.

What is the reason behind this?

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