Regional Victoria remains a price growth leader, as sales activity continues to pump strongly across the state.
The number of places with rising sales activity has dropped from the peak achieved earlier in the year, but remains well above the historic average.
Even at a time of widespread and strong price growth across Australia, the results in Regional Victoria are exceptional, with virtually all towns and suburbs recording annual growth in their median house prices. Three-quarters of locations have lifted their median prices by more than 10%, with only three places failing to deliver price growth. In the most recent quarter, 97% of locations have had price increases.
The August 2021 edition of the 7 Victoria Regional Hotspots gives you the pick of the crop – plus the data to explain why these locations are thriving and the growth drivers that will continue to push them into the future.