The Melbourne property market has experienced some of the most extraordinary circumstances with the wake of covid-19. For the most part, the market has remained steady. Much of this has been with the help of some government incentives and banking support.
Here is some interesting property data outlining median house and unit prices.
Top Growth Suburbs by Median House Price
Note – only quarterly median prices from suburbs with at least 25 sales in the relevant quarter are included
Top Growth in Median Unit Prices
Source – This information has been collected by the Real Estate Institute of Victoria Ltd (REIV). The most authoritative source for information on the Victorian property market. * denotes less than 30 sales in the quarter
While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more, please contact us. We welcome the opportunity to assist you.
December 2020
