Dive into our up-to-date property data and uncover the latest trends unfolding across Victoria.
Subscribe Now
Subscribe to Property Market Update
Victoria Market Update
Tarneit and Melbourne remain popular amongst Victorians
Tarneit in Western Victoria and the suburb of Melbourne remain in the top two spots, where they have remained for three consecutive quarters (Q2-Q4 2024).
Melbourne’s Western Growth areas such as Sunbury (3429), Werribee (3030) and Tarneit (3029) feature, likely due to ongoing transport and infrastructure improvements.
In addition to the suburb of Melbourne, inner-city entertainment and shopping hotspots, South Yarra (3141) and Richmond (3121) also return to the top ten this quarter.
Greater Western Sydney is still proving to be the engine of urban expansion in NSW, but this quarter we can see regional areas and coastal hubs like Port Macquarie are increasingly competing for attention.
Lee Bailie
Head of Property AU | InfoTrack
Market activity tends to increase over spring and summer, especially in coastal regions. We can see this reflected in the QLD data this quarter, with unit and townhouse sales increasing in the Gold Coast region.
