Regional Victorian property prices have shown long-term mild growth: REIV

House and unit prices have been on the rise for the past six months while property prices fell in regional Victoria, according to graphs released by the Real Estate Institute of Victoria. 

The charts, part of a REIV presentation at the Melbourne Home Buyer and Property Investor Show, also show that over the past 10 years the median Melbourne house and unit prices have risen in fits and starts, while regional Victoria has shown more steady, even growth. 

For example, house and unit prices in Melbourne show a sharp spike in 2007, whereas growth is more measured across regional Victoria.