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Affordable regional Victorian property markets 'selling like hot cakes'

Regional towns within a relatively short drive from Melbourne are witnessing strong sales volumes and outperforming the Victorian capital.

Aerial view of houses and beaches of Torquay Beach and Point Danger, Torquay, Victoria.
Torquay appears set to bounce back from the slower period that arrived in late 2022. (Image source: Shutterstock.com)

Regional Victorian properties look set to hold strong though the current national market downturn, with tourist towns and areas within a couple of hours drive from Melbourne set to fare best.

That’s the verdict of regional real estate agents with two decades experience selling homes in Victoria, who spoke to API Magazine.

Laura Waites, Director, OBrien Real Estate

The REIV’s December Quarterly Median Report reveals that regional Victorian …

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