Melbourne House Prices and Unit Prices
|
|
The graph above details the change in Melbourne property values
over time based on the RP Data-Rismark Hedonic Index.
The Hedonic Methodology is the most accurate measure available to
measure the change in property values as it uses a technique which
removes the effects of renovations, changes in the types of homes
that are produced over time and variations in the buyer-types
within the market.
The most recent Home Value Index Results is available for
download. Recent figures can also be viewed in spreadsheet
form.
If you are buying a home in Melbourne then you can benefit greatly
from one of our Property Reports which give you house price details
within the local area of interest. It’s important to look at
individual markets as they may be operating quite differently from
the national market.
If you would like to get an idea of what is happening to home
prices in individual Australia suburbs try our Free
Suburb Reports .
About Melbourne
Melbourne is located on Port Phillip Bay in Victoria,
Australia. Nearby cities are Geelong, Ballarat and Bendigo. It is
the capital of Victoria and Australia's second largest city
with a metro area population of around 3.7 million people in 2006.
|
|
|
My Watchlist
NZ Reports
USA Reports
China Info
