Mixed real estate results
Key points
- House prices across Melton and Moorabool were mixed in the October quarter, according to data from the Real Estate Institute of Victoria. Diggers Rest recorded the strongest growth, rising 7.1 per cent to a median of $663,000, while Burnside fell 17.5 per cent to $800,000.
- Trentham remained Moorabool's most expensive township at $1.1 million. Across regional Victoria, house prices rose 1.2 per cent to $673,500.
- REIV chief executive Toby Balazs said the market was holding up well despite federal tax changes and recent cash rate rises.
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This is an AI-generated summary based on reporting by Brimbank Star. It may not reflect every detail of the original story exactly. Tap “Continue reading” above for the full, original article.
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