Business
The Melbourne suburbs with the biggest rises and falls in house prices – Domain News
Experts say there are no surprises that these areas of Melbourne, some close to the ocean, have been seeing some big price rises over the past year.
The rush to buy a lifestyle property in Melbourne since the pandemic has seen house prices in suburbs along the Mornington Peninsula rise by nearly 25 per cent over the past year.
Blairgowrie, an hour south of the CBD, rose 24.8 per cent over the 12 months to December, skyrocketing to a median of $1,142,000, Domains latest House Price Report showed.
McCraes house prices soared by 24.3 per cent over the year to a median of $960,000, while Mount Martha prices rose by 16.3 per cent to $1,105,000.
…
-
Noosa News14 hours agoRevealed: 75 Qld suburbs you could afford to buy in if lending standards drop
-
General9 hours agoFarmers develop ‘autofill’ tech so agricultural robots can operate around the clock
-
Business10 hours ago3 of the best ASX 200 blue chip shares to buy now
-
General21 hours agoLiberals offer help to start-ups and set goal for small business growth