Melbourne house prices – how your suburb went in the 2012 March quarter: REIV
The latest data from the Real Estate Institute of Victoria shows housing prices fell the deepest in more affluent suburbs of Victoria in the past year. The 10 suburbs where house prices fell the most during the year are Ivanhoe, Malvern East, Middle Park, Fitzroy, Hampton, Toorak, Ivanhoe East and Carnegie, and Maribyrmong.
The 10 suburbs where house prices fell the most during the March quarter are Lilydale, St Kilda, Sorrento, Fitzroy, Hurstbridge, Flinders, Albert Park, Hampton, Toorak, Ivanhoe and Somers.
The 10 suburbs where house prices rose the most during the past year are Healesville, Albert Park, McCrae, Caulfield North, Chelsea, Wonga Park, Greenvale, South Yarra, Dromana and Seddon.
The 10 suburbs where house prices rose the most during the March quarter are Blairgowrie, Healesville, Portsea, Hawthorn East, Park Orchards, Patterson Lakes, Delahey, Warburton, Lysterfield and Edithvale.
The REIV suggests more than 30 sales are necessary in order to get an informed view of the suburb's median house price, but even with that number there will be distortions in quarterly median prices given the composition of sales during the period.
Suburb | Mar-12 Median | Quarterly Change | Annual Change |
ABBOTSFORD* | $715,000 | -10.6% | -6.0% |
AIRPORT WEST* | $565,000 | 5.4% | -1.5% |
ALBERT PARK* | $1,289,000 | -28.6% | 29.5% |
$1,110,000 | 16.8% | ||
$490,000 | 0.5% | -9.7% | |
ALTONA* | $580,000 | 1.8% | -9.9% |
ARMADALE* | $1,500,000 | 14.7% | -15.7% |
ASCOT VALE* | $750,000 | 9.1% | -3.2% |
ASHBURTON* | $847,500 | -3.1% | -10.6% |
ASHWOOD* | $650,000 | -15.6% | -7.5% |
$577,000 | 12.6% | 2.8% | |
$600,000 | -13.7% | -4.9% | |
AVONDALE HEIGHTS* | $565,500 | 8.8% | 2.7% |
$1,230,000 | -1.2% | -16.8% | |
BALWYN NORTH | $980,000 | -12.7% | -10.9% |
BAYSWATER NORTH* | $427,500 | 0.2% | -9.4% |
BAYSWATER* | $457,750 | 13.9% | -10.2% |
BEACONSFIELD* | $545,000 | 7.4% | |
BEAUMARIS* | $1,135,000 | 7.8% | -0.1% |
BELGRAVE* | $390,750 | 6.7% | 8.5% |
BENTLEIGH EAST | $658,500 | -2.4% | -8.5% |
$800,000 | 4.2% | -8.7% | |
BERWICK | $460,000 | 5.7% | -1.1% |
BLACK ROCK* | $1,187,500 | -0.4% | -4.8% |
BLACKBURN NORTH* | $645,000 | 11.2% | 7.1% |
$552,500 | -11.5% | -10.7% | |
BLACKBURN* | $854,500 | 10.1% | -5.4% |
BLAIRGOWRIE | $657,500 | 39.9% | 8.1% |
$495,000 | 2.9% | -0.4% | |
BORONIA | $405,000 | -6.2% | -4.7% |
BOX HILL NORTH* | $648,000 | 5.8% | -9.4% |
$730,000 | -11.5% | -6.2% | |
BOX HILL* | $928,000 | -6.7% | 9.8% |
BRIGHTON | $1,520,000 | -2.9% | 3.3% |
BRIGHTON EAST | $1,067,500 | -7.3% | -13.6% |
BROADMEADOWS* | $300,500 | -11.8% | -21.0% |
BRUNSWICK | $675,000 | 3.1% | -3.2% |
BRUNSWICK EAST* | $687,500 | -5.8% | -12.1% |
BRUNSWICK WEST* | $712,500 | 6.0% | -10.2% |
BULLEEN* | $685,000 | 8.3% | 2.2% |
$483,000 | -4.8% | -5.7% | |
BURNSIDE HEIGHTS* | $440,000 | 3.8% | 0.1% |
BURNSIDE* | $420,000 | -6.7% | |
$716,000 | 18.3% | 10.2% | |
BURWOOD* | $710,000 | 2.9% | -11.3% |
$1,426,000 | 11.4% | 1.0% | |
CANTERBURY* | $1,676,250 | 6.1% | -8.5% |
$837,250 | -12.3% | -21.8% | |
CARLTON* | $870,000 | ||
CARNEGIE* | $677,500 | -15.3% | -22.3% |
CAROLINE SPRINGS | $425,000 | -6.6% | -7.6% |
Carrum DOWNS* | $344,250 | 3.4% | -1.6% |
Caulfield NORTH* | $1,255,000 | 17.8% | 25.1% |
$870,000 | 6.9% | -7.9% | |
$600,000 | -1.8% | -21.1% | |
CHELSEA* | $620,000 | 13.8% | 23.5% |
CHELTENHAM | $563,500 | -3.8% | -13.3% |
CHIRNSIDE PARK* | $465,000 | 6.5% | -5.7% |
$457,500 | -5.2% | -14.1% | |
CLAYTON* | $634,000 | 9.7% | 0.2% |
CLIFTON HILL* | $780,000 | -4.9% | |
$645,000 | 4.9% | 1.4% | |
$492,500 | 1.2% | -15.8% | |
COCKATOO* | $336,000 | 2.6% | -9.2% |
COLLINGWOOD* | $685,000 | 2.2% | |
CRAIGIEBURN | $340,500 | 2.4% | -8.0% |
CRANBOURNE | $320,000 | 2.6% | -3.0% |
CRANBOURNE EAST* | $345,000 | -6.8% | -7.1% |
$325,000 | -8.5% | -3.3% | |
$300,000 | -3.2% | -8.7% | |
CROYDON | $455,000 | 5.8% | -0.7% |
CROYDON HILLS* | $517,500 | -6.7% | -0.7% |
$520,000 | 13.0% | 0.0% | |
CROYDON SOUTH* | $450,000 | 7.3% | 0.4% |
DANDENONG NORTH* | $405,000 | 6.6% | -2.6% |
DEER PARK* | $350,000 | -0.1% | -7.1% |
DELAHEY* | $417,500 | 21.0% | 9.9% |
DERRIMUT* | $420,000 | -8.2% | -12.5% |
DIAMOND CREEK* | $577,725 | 13.8% | 10.6% |
$520,000 | -0.8% | -3.7% | |
DONCASTER | $741,250 | 10.6% | -5.1% |
$668,500 | -4.5% | -9.0% | |
$737,500 | 0.1% | -3.6% | |
DOREEN | $490,000 | 0.8% | 2.1% |
DROMANA | $510,000 | -3.1% | 14.4% |
EAGLEMONT* | $1,170,000 | -12.0% | |
$643,000 | 19.1% | 6.3% | |
ELSTERNWICK* | $1,185,000 | 0.6% | -6.7% |
ELTHAM | $615,000 | -5.0% | -2.4% |
ELTHAM NORTH* | $631,125 | 1.4% | |
ELWOOD* | $1,156,750 | -2.1% | -8.2% |
EMERALD* | $427,800 | -15.5% | -19.7% |
$415,000 | 1.2% | 0.5% | |
EPPING | $368,500 | -1.1% | -7.9% |
ESSENDON* | $999,000 | 11.3% | 11.0% |
FAWKNER* | $414,000 | 2.2% | -17.6% |
FERNTREE GULLY | $430,000 | 1.4% | -1.4% |
FITZROY NORTH* | $790,000 | -7.1% | -11.5% |
FITZROY* | $792,250 | -20.9% | -29.9% |
FLEMINGTON* | $671,250 | 4.9% | 2.2% |
FLINDERS* | $710,000 | -26.7% | -20.2% |
$560,000 | 13.1% | -10.8% | |
FOREST HILL* | $507,500 | -7.1% | -14.3% |
FRANKSTON | $357,000 | 1.3% | -0.8% |
FRANKSTON NORTH* | $246,225 | -2.3% | -15.6% |
FRANKSTON SOUTH | $553,750 | 1.0% | -4.1% |
GLADSTONE PARK* | $395,000 | 3.7% | -1.3% |
$1,310,000 | 15.9% | 8.9% | |
GLEN WAVERLEY | $690,000 | -4.3% | -5.9% |
$460,000 | 1.1% | -4.2% | |
GOWANBRAE* | $594,000 | ||
GREENSBOROUGH | $500,000 | 4.2% | -9.1% |
GREENVALE* | $651,500 | -3.2% | 22.9% |
HALLAM* | $360,000 | -5.2% | -0.4% |
$710,125 | -2.7% | ||
HAMPTON* | $940,000 | -28.7% | -27.0% |
Hawthorn EAST* | $1,355,000 | 29.0% | -0.4% |
$1,387,500 | 6.1% | -9.0% | |
HEALESVILLE* | $580,000 | 37.9% | 37.8% |
HEATHERTON* | $628,000 | ||
HEATHMONT* | $535,000 | 8.1% | 5.4% |
$558,000 | 17.0% | 1.6% | |
HEIDELBERG WEST* | $367,500 | -12.5% | -7.2% |
HEIDELBERG* | $831,000 | 7.9% | |
$700,000 | -3.0% | -1.8% | |
HILLSIDE | $420,000 | 2.8% | -9.4% |
HOPPERS CROSSING | $310,000 | -6.2% | -5.8% |
$719,500 | -2.8% | ||
HURSTBRIDGE* | $417,000 | -22.4% | |
$1,075,000 | -14.0% | -24.6% | |
IVANHOE* | $780,000 | -37.9% | -39.1% |
KEILOR DOWNS* | $421,250 | 5.8% | 0.4% |
KEILOR EAST | $540,000 | 0.9% | -15.6% |
KENSINGTON* | $650,000 | -10.3% | -3.3% |
$1,530,000 | -4.4% | -21.3% | |
Kew EAST* | $1,210,000 | 16.9% | 1.0% |
KEYSBOROUGH* | $387,500 | -9.7% | -15.8% |
KILSYTH* | $412,000 | -0.2% | -2.4% |
KINGS PARK* | $325,000 | -1.5% | -5.8% |
KINGSBURY* | $441,500 | ||
$576,875 | -8.7% | -14.9% | |
KNOXFIELD* | $482,500 | 2.5% | -1.2% |
KURUNJANG* | $315,000 | 8.6% | 7.5% |
LALOR* | $355,000 | -3.4% | -17.4% |
LANGWARRIN | $383,750 | -2.5% | -10.8% |
LILYDALE | $425,000 | -17.0% | -8.1% |
LOWER PLENTY* | $640,000 | 2.4% | |
LYNDHURST* | $420,000 | -7.7% | |
LYSTERFIELD* | $662,125 | 19.3% | -0.2% |
MACLEOD* | $545,050 | -5.4% | -20.2% |
$550,000 | 2.2% | 5.8% | |
$926,250 | -13.0% | -34.3% | |
MALVERN* | $1,585,000 | 11.6% | -2.8% |
MARIBYRNONG* | $641,250 | -10.3% | -27.9% |
MCCRAE* | $680,000 | -12.8% | 25.7% |
MCKINNON* | $875,000 | -1.2% | -4.4% |
MELTON | $298,500 | 1.2% | 4.7% |
MELTON SOUTH* | $236,750 | -0.3% | -6.2% |
$625,000 | -3.5% | -15.5% | |
MERNDA* | $420,000 | -0.2% | 2.4% |
MIDDLE PARK* | $1,240,500 | 0.9% | -31.1% |
MILL PARK | $408,000 | -2.9% | -0.5% |
MILLGROVE* | $255,000 | ||
MITCHAM | $579,000 | 0.0% | -1.0% |
new Metro line NORTH* | $758,750 | 0.2% | -22.3% |
$1,227,500 | -9.6% | 0.7% | |
MONTMORENCY* | $550,000 | 2.4% | -14.9% |
MONTROSE* | $420,000 | -7.7% | -6.7% |
MOONEE PONDS* | $861,000 | 2.5% | 8.6% |
MOORABBIN* | $622,500 | 0.2% | -15.3% |
MOOROOLBARK | $431,500 | 3.4% | -4.2% |
$661,000 | -2.8% | 1.1% | |
MORNINGTON | $500,000 | 0.0% | -5.4% |
$725,000 | -8.8% | 0.0% | |
MOUNT EVELYN* | $400,747 | -4.6% | 5.5% |
MOUNT MARTHA | $595,500 | -0.7% | -7.0% |
MOUNT WAVERLEY | $722,000 | -2.5% | -6.8% |
$485,000 | -3.0% | -10.4% | |
$782,500 | -4.6% | -13.1% | |
NARRE WARREN | $348,000 | -3.3% | -4.9% |
$685,000 | -17.6% | ||
NARRE WARREN SOUTH | $397,500 | -8.6% | -4.2% |
NEWPORT | $581,000 | -7.0% | -22.3% |
NIDDRIE* | $735,250 | 18.6% | -12.6% |
new Metro line NORTH* | $362,550 | -6.5% | -11.4% |
$395,000 | 1.9% | -11.2% | |
$792,500 | -12.9% | 11.6% | |
NORTHCOTE | $830,250 | 5.1% | 1.3% |
$595,000 | 1.7% | 1.5% | |
OAK PARK* | $560,000 | 0.0% | -8.9% |
$622,500 | 12.6% | ||
$593,000 | -1.2% | -14.5% | |
OAKLEIGH* | $648,500 | -2.1% | -6.0% |
ORMOND* | $855,000 | -6.3% | -15.6% |
PAKENHAM | $340,000 | 0.0% | -4.0% |
PARK ORCHARDS* | $1,100,000 | 28.1% | |
$705,000 | -6.0% | -9.6% | |
$647,500 | 6.6% | -7.5% | |
PASCOE VALE* | $550,000 | 3.7% | -13.0% |
$646,000 | 25.4% | 5.9% | |
PEARCEDALE* | $410,000 | -18.0% | |
$471,000 | 4.7% | -5.8% | |
PORT Melbourne* | $921,250 | 1.1% | -17.0% |
PORTSEA* | $1,532,500 | 29.9% | -7.4% |
PRAHRAN | $940,000 | -5.8% | -6.9% |
PRESTON | $587,000 | -0.5% | -0.4% |
$445,000 | -6.8% | -19.1% | |
RICHMOND | $795,000 | -10.2% | -3.6% |
RINGWOOD | $510,000 | 8.3% | -9.2% |
RINGWOOD EAST* | $460,000 | -4.6% | -11.5% |
RINGWOOD NORTH* | $587,500 | 1.1% | -5.3% |
$653,000 | 0.5% | -16.8% | |
ROSEBUD | $357,500 | -8.3% | -8.1% |
ROSEBUD WEST* | $332,000 | -0.9% | -20.5% |
ROWVILLE | $550,000 | 7.3% | 1.2% |
ROXBURGH PARK* | $364,000 | 1.1% | 1.0% |
RYE | $430,000 | 2.4% | -4.4% |
SAFETY BEACH* | $495,000 | -12.5% | -4.3% |
SANDHURST* | $651,500 | 7.2% | |
$1,092,000 | -5.0% | -9.0% | |
SCORESBY* | $482,900 | 6.4% | 0.6% |
SEABROOK* | $400,000 | 7.4% | |
SEAFORD | $375,000 | -10.4% | -12.8% |
SEDDON* | $722,000 | 8.6% | 13.4% |
SEVILLE* | $385,000 | ||
SKYE* | $382,000 | -0.2% | 11.5% |
SOMERS* | $500,000 | -38.7% | |
SOMERVILLE* | $365,500 | -3.8% | -6.3% |
SORRENTO* | $767,500 | -18.4% | -8.4% |
$967,000 | -2.0% | -12.1% | |
SOUTH MORANG | $425,000 | 3.7% | 1.2% |
SOUTH YARRA* | $1,070,000 | -6.6% | 19.0% |
SPOTSWOOD* | $600,000 | 12.6% | -11.9% |
$426,000 | -0.2% | -11.0% | |
ST ALBANS | $346,500 | -5.3% | -10.7% |
$875,000 | -8.1% | -22.2% | |
$940,000 | -18.3% | 10.6% | |
STRATHMORE* | $867,000 | 2.6% | -6.0% |
SUNBURY | $345,000 | -1.4% | -8.0% |
SUNSHINE NORTH* | $420,000 | 3.1% | -12.5% |
SUNSHINE WEST | $358,000 | -3.9% | -14.3% |
SUNSHINE* | $392,500 | -8.7% | -9.2% |
SURREY HILLS | $1,130,000 | -6.8% | -6.8% |
SYDENHAM* | $416,500 | 3.5% | -0.8% |
TARNEIT | $387,500 | 11.0% | -1.9% |
TAYLORS HILL* | $490,000 | 16.7% | 8.9% |
TAYLORS LAKES* | $480,000 | -4.4% | -5.9% |
$900,000 | 7.4% | 12.5% | |
TEMPLESTOWE LOWER* | $630,000 | -8.0% | -15.7% |
THE BASIN* | $402,000 | -8.6% | -4.3% |
$368,750 | -2.3% | -17.2% | |
THORNBURY | $728,000 | 5.9% | 0.1% |
$1,860,000 | -31.1% | -25.9% | |
TOOTGAROOK* | $356,500 | -3.0% | -12.0% |
$360,000 | -0.7% | -6.5% | |
UPWEY* | $460,000 | -4.2% | 2.2% |
VERMONT SOUTH* | $680,000 | 3.8% | 0.0% |
VERMONT* | $542,000 | -4.8% | -2.0% |
$610,000 | 6.1% | -5.6% | |
$530,000 | -1.7% | -12.6% | |
WANTIRNA* | $520,000 | 1.3% | -4.6% |
WARBURTON* | $370,000 | 19.4% | |
WARRANDYTE* | $795,000 | 16.5% | -1.2% |
WATSONIA* | $447,500 | -8.7% | -10.5% |
WERRIBEE | $290,000 | -1.9% | -7.9% |
WEST Footscray* | $541,000 | 6.3% | -1.6% |
$663,000 | 16.0% | -3.1% | |
WILLIAMSTOWN | $901,000 | -1.8% | -1.5% |
WONGA PARK* | $835,000 | 6.0% | 23.0% |
WYNDHAM VALE | $307,500 | 2.5% | -3.9% |
YALLAMBIE* | $480,000 | ||
YARRA JUNCTION* | $360,000 | -0.3% | -20.0% |
YARRAVILLE | $576,100 | -5.6% | -4.0% |
Source: Real Estate Institute of Victoria
*Indicates that fewer than 30 sales were recorded during the quarter
For more property research and latest sales, visit the REIV website.