Keysborough and Springvale are Victoria's top house price growth suburbs: Investar

Keysborough and Springvale are Victoria's top house price growth suburbs: Investar
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%

Springvale

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.

Keysborough and Springvale are Victoria's top house price growth suburbs: Investar

Tags: 
Victoria Investar

Comments

Be the first one to comment on this article
What would you like to say about this project?