January 2024

Houses and units soar across Melbourne’s east, defying Victorian market trend

While median house and unit prices across Victoria saw a stable but subdued performance in the fourth quarter of 2023, Melbourne’s eastern and south-eastern suburbs defied the remainder of the state with solid growth. According to the Real Estate Institute of Victoria’s median data for the quarter ending 31 December 2023, Frankston South was among suburbs with the highest quarterly growth, with...