The Real Estate Institute of Victoria has released figures showing median prices in regional Victoria over the past year increasing by 29% in some areas and plunging by almost 8% in others.
The year’s biggest winner was the Surf Coast Shire, which had a median price increase of 29% to $600,000. According to this month’s Herron Todd White Westpac property report, prices for vacant land in regional Victoria remain strong, due to a lack of supply and increase in demand.
Open Houses this weekend
LORNE
Saturday 14th August
12:00pm – 12:30pm 5B Richardson Boulevard Lorne
1:00pm – 1:30pm 14A Charles Street Lorne
TORQUAY
Saturday 14th August
12:00pm – 12:30pm 14 Rosedale Drive Torquay
1:00pm – 1:30pm 1540 Anglesea Road Bellbrae
1:00pm – 5:00pm 25 Longshore Street Torquay
1:00pm – 5:00pm 27 Longshore Street Torquay
2:00pm – 2:30pm 3 Nestor Court Torquay
2:00pm – 2:30pm 3A Nestor Court Torquay
Sunday 15th August
12:00pm – 12:30pm 7 Loch Lomond Crescent Torquay
1:00pm – 1:30pm 1 Longshore Street Torquay
1:00pm – 5:00pm 25 Longshore Street Torquay
1:00pm – 5:00pm 27 Longshore Street Torquay
2:00pm – 2:30pm 8 Watersun Road Jan Juc
Keep in touch.
