Springvale takes top spot as fastest house price growth: Investar
Staff reporterDecember 7, 2020
Springvale in Victoria is the suburb with the fastest house price growth, according to Investar’s latest market report.
The website states that Springvale’s growth has increased by 29% compared to last year.
This is followed by Keysborough in Victoria which had a growth of 27% with Harrington Park and Rosemeadow taking equal third place with 25%.
Suburb | State | Dwelling type | Bedrooms | Median listing price | 1 year change |
VIC | House | 3 | $600,000 | 29% | |
Keysborough | VIC | House | 4 | $791,500 | 27% |
Harrington Park | NSW | House | 4 | $910,000 | 25% |
Rosemeadow | NSW | House | 3 | $500,000 | 25% |
Berkeley Vale | NSW | House | 3 | $472,500 | 24% |
An example of a house priced around the $600,000 median in Springvale is one that has four bedrooms at 29 Lee Avenue (above) that was recently sold for $602,000.