Melbourne family homes have the fastest growing prices in the country
New data from the REIV shows three and four-bedroom homes in middle-ring suburbs are the fastest growing property type in Melbourne, which itself is the fastest growing market in the country.
Two-tier property market highlights differences around the country
Property prices in Sydney, Melbourne, Adelaide and Canberra achieved double-digit growth in the year to September 30, but Perth and Darwin saw prices fall 7% and 6% respectively, according to CoreLogic's Hedonic Home Value Index.