Price records set in Victoria's top growth suburbs
Property price records are tumbling across Victoria, with more than 170 suburbs in Melbourne laying claim to a median house price of $1 million or more, while several key regional locations have also breached the seven-figure barrier.
Lockdowns slowed transactions in the September quarter, but not price growth as Melbourne maintained its million-dollar median house price. Photo: Shutterstock (Image source: Shutterstock.com)
Property price records are tumbling across Victoria, with more than 170 suburbs in Melbourne laying claim to a median house price of $1 million or more, while several key regional locations have also breached the seven-figure barrier.
The latest data from the Real Estate Institute of Victoria showed 173 suburbs in Melbourne with a million-dollar median, the result of 13.8 per cent annual price growth across the city.
Melbourne’s overall median …
