Amid the doom and gloom surrounding the Melbourne housing market, the city’s median sale price crept up last year, according to the Real Estate Institute of Victoria (REIV). These were the top growth suburbs.
What can you get for Melbourne's median house price?
Latest data from the Real Estate Institute of Victoria (REIV) shows Melbourne has an average median house price of $834,000. So what can you actually buy in the city with a budget in the early eights?
Hobart leaps to 11th place on Knight Frank price growth index
With improved connectivity and infrastructure, Australia is becoming closer to the rest of the world, and now cities such as Canberra and Hobart are benefiting, as well as Sydney and Melbourne, according to Knight Frank.
Melbourne tops property growth over 20 years with 335% gains: CoreLogic
Melbourne property prices grew an eye watering 335 per cent over the 20 years to January 2018. But over the last five years, Sydney prices have grown the most strongly, up 64 per cent.
