Springvale takes top spot as fastest house price growth: Investar

Springvale takes top spot as fastest house price growth: Investar
Springvale takes top spot as fastest house price growth: Investar

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

Springvale

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.

Tags: 
Price Growth Investar

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