Top growth suburbs by median property prices – December 2022

Market_Insights_Grwoth_Suburbs_December_2022

Reviewing the last quarter of 2022, the Melbourne property market continued to experience the upward trend to interest rates causing home affordability issues vut there were still a number of suburbs that increased strongly

Here we focus and share the latest quarterly figures within the Melbourne property market.

Top growth suburbs by median house price

Here is a current list of the suburbs that have seen some extraordinary capital appreciated from June 2022 to December 2022 (3 mth period):

Note: Only quarterly median prices from suburbs with at least 30 sales in the relevant quarter are included.

Top growth in median unit prices

Here is a current list of the suburbs that have seen some positive capital appreciated from from June 2022 to December 2022 (3 mth period):

Note: Only quarterly median prices from suburbs with at least 25 sales in the relevant quarter are included

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

www.crestproperty.net.au

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.

January 2023

Compare listings

Compare