Recent figures released by the REIV show several of Melbourne’s western suburbs entering the pricey $1M club as prices rose city-wide during the September quarter.
Multiple Melbourne suburbs reached median house values over $1M in September with significant growth also seen in Brighton East, Surrey Hills, Glenroy and Epping, along with Mornington, Ringwood, Ringwood East, Taylors Lakes, Watsonia and Yarra Glen.
West and north west suburbs sneaking into the $1M club included West Footscray at $1,002,000, Avondale Heights at $1,011,000, Taylor’s Hill at $1,040,000 and Airport West at $1,130,000.
If you’re ready to buy, a buyer’s advocate can help you find properties within your budget as it becomes increasingly hard to find homes in Melbourne for under $1M.
Chat to us about how a property advocate can help you sell or buy in the current market with confidence. Investment buyers can receive invaluable support and guidance through our Buyers Advocacy Service, and for landlords who are selling, our Vendor Advocacy Service helps vendors achieve outstanding results.
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