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12-month growth outlook for Victoria suburbs

PropRadar estimates where each suburb's median house and unit price is heading over the next 12 months. These tables show the Victoria suburbs with the strongest and the weakest outlook, and where each one ranks among all suburbs in its state. The estimate is most reliable at comparing suburbs with each other, which is why the ranking leads. Only suburbs with at least 10 sales of that dwelling type in the past year are listed.

An outlook is a model estimate, not a guarantee. Prices can move against it.

Strongest 12-month outlook in Victoria: houses

Expected direction of the median house price, and where each suburb ranks in its state.

#SuburbPrice outlookRent outlookMedian price
1HawthornVIC 3122Rising
Among the strongest in Victoria
Rising$2,570,000
2East MelbourneVIC 3002Rising
Among the strongest in Victoria
Flat$3,005,000
3St ArnaudVIC 3478Rising
Among the strongest in Victoria
Flat$305,000
4SilvanVIC 3795Rising
Among the strongest in Victoria
Rising$890,000
5North MelbourneVIC 3051Rising
Among the strongest in Victoria
Rising$1,235,000
6SelbyVIC 3159Rising
Among the strongest in Victoria
Rising$870,000
7Moonee PondsVIC 3039Rising
Among the strongest in Victoria
Rising$1,555,000
8SomersVIC 3927Rising
Among the strongest in Victoria
Easing$1,460,000
9BallanVIC 3342Rising
Among the strongest in Victoria
Easing$690,000
10Eltham NorthVIC 3095Rising
Among the strongest in Victoria
Rising$1,210,000
11MontmorencyVIC 3094Rising
Among the strongest in Victoria
Rising$1,180,000
12WinchelseaVIC 3241Rising
Among the strongest in Victoria
Rising$650,000
13ResearchVIC 3095Rising
Among the strongest in Victoria
Rising$1,590,000
14DimboolaVIC 3414Rising
Among the strongest in Victoria
Rising$320,000
15ElthamVIC 3095Rising
Among the strongest in Victoria
Rising$1,290,000
16BannockburnVIC 3331Rising
Among the strongest in Victoria
Rising$820,000
17ParkvilleVIC 3052Rising
Among the strongest in Victoria
Rising$1,770,000
18TyabbVIC 3913Rising
Among the strongest in Victoria
Easing$875,000
19Middle ParkVIC 3206Rising
Among the strongest in Victoria
Rising$3,060,000
20Albert ParkVIC 3206Rising
Among the strongest in Victoria
Rising$2,470,000
21HeathmontVIC 3135Rising
Among the strongest in Victoria
Rising$1,070,000
22SomervilleVIC 3912Rising
Among the strongest in Victoria
Rising$910,000
23Park OrchardsVIC 3114Rising
Among the strongest in Victoria
Rising$1,965,000
24KallistaVIC 3791Rising
Among the strongest in Victoria
Rising$1,035,000
25LysterfieldVIC 3156Rising
Among the strongest in Victoria
Rising$1,400,000
Pro shows the forecast change in prices and rents beside each suburb's ranking.
See sample

Strongest 12-month outlook in Victoria: units

Expected direction of the median unit price, and where each suburb ranks in its state.

#SuburbPrice outlookRent outlookMedian price
1HamptonVIC 3188Rising
Among the strongest in Victoria
Rising$1,190,000
2TullamarineVIC 3043Rising
Among the strongest in Victoria
Rising$595,000
3Caulfield NorthVIC 3161Rising
Among the strongest in Victoria
Rising$645,000
4Oakleigh SouthVIC 3167Rising
Among the strongest in Victoria
Rising$820,000
5KewVIC 3101Rising
Among the strongest in Victoria
Rising$855,000
6MaryboroughVIC 3465Rising
Among the strongest in Victoria
Rising$330,000
7ElthamVIC 3095Rising
Among the strongest in Victoria
Rising$805,000
8BeaconsfieldVIC 3807Rising
Among the strongest in Victoria
Rising$615,000
9Koo Wee RupVIC 3981Rising
Among the strongest in Victoria
-$495,000
10Swan HillVIC 3585Rising
Among the strongest in Victoria
Rising$400,000
11NagambieVIC 3608Rising
Among the strongest in Victoria
Rising$505,000
12AraratVIC 3377Rising
Among the strongest in Victoria
Rising$340,000
13MulgraveVIC 3170Rising
Among the strongest in Victoria
Flat$835,000
14RyeVIC 3941Rising
Among the strongest in Victoria
Rising$600,000
15RowvilleVIC 3178Rising
Among the strongest in Victoria
Rising$730,000
16WendoureeVIC 3355Rising
Among the strongest in Victoria
Rising$380,000
17LeongathaVIC 3953Rising
Among the strongest in Victoria
Rising$440,000
18ChadstoneVIC 3148Rising
Among the strongest in Victoria
Easing$860,000
19HallamVIC 3803Rising
Among the strongest in Victoria
Rising$620,000
20BalwynVIC 3103Rising
Among the strongest in Victoria
Flat$870,000
21Hawthorn EastVIC 3123Rising
Among the strongest in Victoria
Rising$630,000
22Sunshine WestVIC 3020Rising
Among the strongest in Victoria
Rising$610,000
23East MelbourneVIC 3002Rising
Among the strongest in Victoria
Rising$705,000
24LalorVIC 3075Rising
Among the strongest in Victoria
Rising$585,000
25Kangaroo FlatVIC 3555Rising
Among the strongest in Victoria
Rising$415,000

Weakest 12-month outlook in Victoria: houses

Suburbs where the median house price outlook is softest, weakest first.

#SuburbPrice outlookRent outlookMedian price
1CobdenVIC 3266Easing
Among the weakest in Victoria
Rising$455,000
2ColdstreamVIC 3770Easing
Among the weakest in Victoria
Rising$890,000
3Neerim SouthVIC 3831Easing
Among the weakest in Victoria
Rising$670,000
4New GisborneVIC 3438Easing
Among the weakest in Victoria
Rising$920,000
5MontroseVIC 3765Easing
Among the weakest in Victoria
Rising$990,000
6Mount MacedonVIC 3441Easing
Among the weakest in Victoria
Rising$1,410,000
7CanterburyVIC 3126Easing
Among the weakest in Victoria
Rising$3,210,000
8ToongabbieVIC 3856Easing
Among the weakest in Victoria
-$680,000
9Hawthorn EastVIC 3123Easing
Among the weakest in Victoria
Rising$2,410,000
10Kinglake WestVIC 3757Easing
Among the weakest in Victoria
Rising$950,000
11Lower PlentyVIC 3093Flat
Among the weakest in Victoria
Rising$1,490,000
12MorwellVIC 3840Flat
Among the weakest in Victoria
Rising$425,000
13Crib PointVIC 3919Flat
Among the weakest in Victoria
Rising$790,000
14WhittleseaVIC 3757Flat
Among the weakest in Victoria
Rising$810,000
15GlengarryVIC 3854Flat
Among the weakest in Victoria
Flat$610,000
16BitternVIC 3918Flat
Among the weakest in Victoria
Rising$1,060,000
17MerbeinVIC 3505Flat
Among the weakest in Victoria
Rising$450,000
18HeywoodVIC 3304Flat
Among the weakest in Victoria
Rising$400,000
19KynetonVIC 3444Flat
Among the weakest in Victoria
Rising$875,000
20TraralgonVIC 3844Rising
Among the weakest in Victoria
Rising$590,000
21PaynesvilleVIC 3880Rising
Among the weakest in Victoria
Rising$550,000
22ArmadaleVIC 3143Rising
Among the weakest in Victoria
Rising$2,295,000
23HurstbridgeVIC 3099Rising
Among the weakest in Victoria
Rising$970,000
24MalvernVIC 3144Rising
Among the weakest in Victoria
Rising$2,545,000
25Keilor EastVIC 3033Rising
Among the weakest in Victoria
Rising$1,150,000

Weakest 12-month outlook in Victoria: units

Suburbs where the median unit price outlook is softest, weakest first.

#SuburbPrice outlookRent outlookMedian price
1NumurkahVIC 3636Easing
Among the weakest in Victoria
Easing$325,000
2RomseyVIC 3434Easing
Among the weakest in Victoria
Rising$545,000
3LynbrookVIC 3975Easing
Among the weakest in Victoria
-$665,000
4LyndhurstVIC 3975Easing
Among the weakest in Victoria
-$575,000
5Noble ParkVIC 3174Easing
Among the weakest in Victoria
Rising$600,000
6LeopoldVIC 3224Easing
Among the weakest in Victoria
Rising$520,000
7Frankston NorthVIC 3200Easing
Among the weakest in Victoria
Rising$600,000
8KnoxfieldVIC 3180Easing
Among the weakest in Victoria
Rising$815,000
9WallanVIC 3756Easing
Among the weakest in Victoria
Rising$470,000
10HeathmontVIC 3135Easing
Among the weakest in Victoria
Rising$770,000
11Ringwood EastVIC 3135Easing
Among the weakest in Victoria
Rising$765,000
12Bentleigh EastVIC 3165Easing
Among the weakest in Victoria
Rising$870,000
13Diamond CreekVIC 3089Easing
Among the weakest in Victoria
Rising$780,000
14RingwoodVIC 3134Easing
Among the weakest in Victoria
Rising$645,000
15Mount MarthaVIC 3934Easing
Below average for Victoria
Rising$795,000
16Apollo BayVIC 3233Easing
Below average for Victoria
Rising$700,000
17Ringwood NorthVIC 3134Easing
Below average for Victoria
Rising$910,000
18CastlemaineVIC 3450Easing
Below average for Victoria
Rising$570,000
19MeltonVIC 3337Easing
Below average for Victoria
Rising$425,000
20Roxburgh ParkVIC 3064Easing
Below average for Victoria
Rising$500,000
21CraigieburnVIC 3064Easing
Below average for Victoria
Rising$480,000
22OfficerVIC 3809Easing
Below average for Victoria
Rising$570,000
23Fraser RiseVIC 3336Easing
Below average for Victoria
Rising$565,000
24HarknessVIC 3337Easing
Below average for Victoria
Rising$450,000
25Wyndham ValeVIC 3024Easing
Below average for Victoria
Rising$500,000

How to read this

  • Rising and Easing mean the estimate points clearly up or down over the next 12 months. Anything within 1% either way is shown as Flat, because a change that small is inside the estimate's margin.
  • The rank compares a suburb with every suburb in its own state that has an outlook, from among the strongest (top fifth) to among the weakest (bottom fifth). The ranking is the most reliable part of the estimate.
  • Only suburbs with at least 10 sales of that dwelling type in the past 12 months, at least 1,000 residents and a well-supported median price are listed. Where several suburbs share one postcode's figures, only the largest is shown.
  • The outlook is re-estimated as new suburb market data arrives, at most about once a fortnight. It describes a suburb's median, not any one property.

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Growth outlook for Victoria: frequently asked questions

Which Victoria suburbs have the strongest growth outlook for houses?

On the current estimate, the strongest 12-month outlook for house prices in Victoria is in Hawthorn VIC 3122, East Melbourne VIC 3002 and St Arnaud VIC 3478. Hawthorn VIC 3122 ranks first (among the strongest in victoria). It is an estimate of direction and relative strength, not a promise of growth.

Which Victoria suburbs have the strongest growth outlook for units?

For units, the strongest 12-month outlook in Victoria is in Hampton VIC 3188, Tullamarine VIC 3043 and Caulfield North VIC 3161.

How is the growth outlook estimated?

It is PropRadar's statistical model of suburb markets, checked against years of past outcomes it was not built from. Each suburb is then ranked against every other suburb in Victoria, from among the strongest to among the weakest. Ranking suburbs against each other is the part of the estimate that has held up best in testing.

Is the growth outlook a guarantee?

No. It is a model estimate based on past patterns, and markets can move against it because of interest rates, local supply, policy or events no model sees. Use it to compare suburbs and decide where to look closer, not as a prediction of what any one property will be worth. General information only, not personal advice.

How often does the outlook change?

It is re-estimated as new suburb market data arrives, which happens at most about once a fortnight.

General information only, not personal financial advice. A model estimate of suburb medians, not a valuation or a guarantee of future prices.