Ballarat leads regional price growth: REIV
The house market is securing greater price growth in regional Victoria than unit price growth, according to the REIV's June quarter data.
Regional
| Regional Victoria | Jun-15 Quarter | Quarterly change | Mar-15 Quarter | Annual change |
| House | $346,000 | 1.5% | $341,000 | 6.30% |
| Unit and Apartment | $257,500 | -1.5% | $261,500 | 3.00% |
The median prices are seasonally adjusted and annual change are based on rolling annual figures.
House prices, Regional centres
| Jun-15 Quarter | Quarterly change | Mar-15 Quarter | Annual change | |
| City of Greater Geelong | $411,250 | 0.3% | $410,000 | -1.3% |
| City of Greater Bendigo | $338,250 | 0.4% | $337,000 | 1.0% |
| City of Ballarat | $317,250 | 2.3% | $310,000 | 5.4% |
Note: regional median prices are based on 12 months ending the quarter
This graph shows median house and unit prices in Regional Victoria over the past decade in seasonally adjusted terms.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
