Geelong house values up as Melbourne dips for second month
Geelong home values are growing at a faster rate than Melbourne as the capital city housing markets approach a soft landing.
The figures, released on Thursday with CoreLogic’s monthly Hedonic Home Value Index, show the annual rate of capital growth in Geelong hit 9.3% in January. The median value for a dwelling reached $513,371 — up 1.2% from December — in the Geelong region, which also takes in the Bellarine Peninsula, Surf Coast Shire and southern portion of Golden Plains Shire. Click here for further information