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Article: Houses - Victoria.
- Article from:
- Australasian Business Intelligence
- Article date:
- December 26, 2006
CopyrightCOPYRIGHT 2006 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mark Phillips
Dec 26, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Australian Property Monitors has boosted some Victoria suburbs to million-dollar median prices. Alongside high-wealth suburbs such as Toorak and Brighton, East Melbourne and Portsea became increasingly popular. The Mornington Peninsula's 3944 postcode, Portsea, has achieved annual average price growth of 19.9 per cent in the 10 years to 2006. The prestige end of the property market is expected to remain strong in 2007, ...