Melbourne suburbs tipped for six-figure house price gains

Key points

• Modelling by realestate.com.au suggests 69 Melbourne suburbs could see six-figure house value gains by 2031. Langwarrin ranks first, with its typical $875,000 house potentially reaching $1.14m.
• The model also projects that 372 suburbs could have typical house values above $1m by 2036, nearly double today's 188. Economist Angus Moore said the figures reflect historical trends, not forecasts.
• Property figures are cited alongside political debate over land tax and stamp duty, with the Victorian government yet to comment.