The Melbourne property market has performed strongly over the last 10 years.
In fact it’s been the strongest performing property market over the last decade according to the following chart from CoreLogic:
But when you drill deeper you’ll find there are markets within markets and obviously some locations have performed better than others.
Melbourne’s top performing suburbs
By the way… median prices in St Kilda West and Mont Albert have more than tripled!
Here’s a list of some of the top performing Melbourne suburbs according to Domain:
Want to know how your suburb performed?
See if your suburb doubled since 2005 using this interactive graphic from Domain
Interested in getting into the Melbourne Property Market?
If you’re looking for independent property investment advice about buying a home or investing in property, no one can help you quite like the independent property investment strategists at Metropole.
Remember the multi award winning team of property investment strategists at Metropole have no properties to sell, so their advice is unbiased.
Whether you are a beginner or a seasoned property investor, we would love to help you formulate an investment strategy or do a review of your existing portfolio, and help you take your property investment to the next level.
Please click here to organise a time for a chat.
Or call us on 1300 20 30 30.
When you attend our offices in Melbourne, Sydney or Brisbane you will receive a free copy of my latest 2 x DVD program Building Wealth through Property Investment in the new Economy valued at $49.