Regional Victoria continues to be an outstanding performer on price growth, and although the sales activity data suggests that some locations have passed their peak, many locations throughout Regional Victoria stepped on to the growth path only in the past year and have plenty of uplift still to come.
One of the stand-out features of the leading growth areas is that many of them are now small country towns or coastal villages, often a considerable distance from Melbourne.
Regional Victoria Snapshot: Of 142 Locations in our Spring Survey
51 Rising Markets
77 Plateau Markets
140 Locations with Annual Growth in Median House Prices
137 Locations with Annual Growth of 5% or more
48 Locations with Annual Growth of 20% or more
92% of locations with unit markets have recorded annual growth in their median unit prices, most of them by more than 5%