MARCH – Top Growth Suburbs by Median House Price
Note: Only quarterly median prices from suburb with at least 30 sales in the relevant quarter are included
Suburb | Mar-22 Median | Dec-21 Median | Quarterly Change |
MORNINGTON | $1,367,000 | $1,151,000 | 18.8% |
RYE | $1,300,000 | $1,100,000 | 18.2% |
BRIGHTON | $3,500,000 | $3,037,500 | 15.2% |
CHELTENHAM | $1,472,500 | $1,322,000 | 11.4% |
MOUNT MARTHA | $2,000,000 | $1,815,000 | 10.2% |
MOUNT ELIZA | $2,030,000 | $1,850,000 | 9.7% |
BERWICK | $966,750 | $897,500 | 7.7% |
WANTIRNA SOUTH | $1,335,500 | $1,250,000 | 6.8% |
GLENROY | $937,500 | $877,500 | 6.8% |
TARNEIT | $660,000 | $618,000 | 6.8% |
ESSENDON | $1,990,000 | $1,867,500 | 6.6% |
NEWPORT | $1,390,000 | $1,312,500 | 5.9% |
OFFICER | $720,000 | $682,500 | 5.5% |
ELWOOD | $2,490,000 | $2,369,000 | 5.1% |
WOLLERT | $740,000 | $705,000 | 5.0% |
CRANBOURNE | $682,000 | $650,000 | 4.9% |
RESERVOIR | $1,010,000 | $964,000 | 4.8% |
DIAMOND CREEK | $1,101,000 | $1,053,500 | 4.5% |
HOPPERS CROSSING | $642,500 | $615,000 | 4.5% |
MALVERN EAST | $2,410,000 | $2,315,000 | 4.1% |