Keysborough and Springvale are Victoria's top house price growth suburbs: Investar
Keysborough and Springvale takes joint top spot as the fastest growing suburbs for price rises in Victoria, according to Investar’s latest market report.
The property investment firm states that both Springvale and Keysborough house prices jumped by 29% throughout the year.
This is followed by Morwell with 20% and Doncaster with 19%.
Suburb | Bedrooms | Median listing price | 1 year change |
Keysborough | 3 | $675,500 | 29% |
3 | $600,000 | 29% | |
Morwell | 4 | $313,000 | 20% |
Doncaster | 4 | $1,190,000 | 19% |
Mornington | 4 | $840,000 | 17% |
A three bedroom house at 87 Kingsclere Avenue at Keysborough (above) was recently sold for $685,000. The auction price guidance had been $530,000 to $580,000.
Similarly a three bedroom house at 7 Davey Court at Springvale (below) was recently sold for $630,000 within a week of its marketing.
