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VIC Market Update

Dive into our up-to-date property data and uncover the latest trends unfolding across Victoria.
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Victoria Market Update

Tarneit and Melbourne continue to battle for the top spot

  • Last quarter Tarneit was sitting in 1st place and Melbourne in 2nd, and now in Q3 these two locations have swapped spots.
  • New entrants to the list from the last quarter to now include – Southbank, Footscray, Craigieburn and Hoppers Crossing.
  • Southbank has made the most marked jump, having not been featured within the Top10 in Q2 to now sitting in 4th place.

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Industry opinions on buyer activity

While the increase in New South Wales unit sales may seem incremental, it shows home buyers are increasingly opting for more affordable housing solutions given current economic conditions.

Lee Bailie
Head of Property AU | InfoTrack

The suburb of Pimpama has come in at number one on the Top Ten list for Queensland house sales. Pimpama is equal distance to the heart of the Gold Coast and the Brisbane CBD and that makes it a very attractive commuter suburb.

Sandra Falzon
General Manager Marketing and Ecommerce | InfoTrackGO
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