Brimbank real estate mixed
Key points
- House prices across Brimbank moved in both directions last quarter, according to Real Estate Institute of Victoria data. Kealba recorded one of the strongest gains, rising 7.1 per cent to a median of $790,000.
- Albion fell 23.1 per cent to $715,000, while Sydenham, Keilor and Sunshine also recorded declines. Across Greater Metropolitan Melbourne, the median house price was $943,000, down 0.7 per cent for the quarter but up 3.8 per cent over the year.
- REIV chief executive Toby Balazs said Victoria's market was holding up well despite softer transaction volumes.
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Disclaimer
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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