Median house prices have soared in the west, about 20 per cent in Kealba, Delahey and Ardeer in just the three months to September 30, REIV data shows.
The latest figures from the Real Estate Institute of Victoria reveal Melbourne’s median house price overall has increased 3.2 per cent to $740,000.
Kealba, Delahey and Ardeer were among the state’s strongest performing suburbs in the September quarter, recording a staggering 21.2 per cent, 20.30 per cent and 19.3 per cent quarterly rise in median house prices, respectively.
The average price for a house in Kealba is now $522,500, $475,000 in Delahey and $543,000 in Ardeer.
A house in Orbital Drive, Kealba, sold for $1.095 million on October 15.
Keilor East has the most expensive real estate in Brimbank, with an average house price of $777,500.
Sunshine houses jumped 11.2 per cent over the quarter, Taylors Hill 12 per cent and Taylors Lakes 11 per cent. But median house prices dropped 43.5 per cent in Keilor, 8.7 per cent in Hillside and 7.3 per cent in Albanvale.
Sunshine West and St Albans were the only apartment markets to record strong growth last quarter, jumping an average of 10.6 per cent and 5.10 per cent respectively.
The median price of apartments in Sunshine, Deer Park, Caroline Springs and Keilor East fell.
