There was some serious growth in and around Melbourne in the last year, with the highest growth centring around St Kilda, middle-class Ardeer and flourishing Manor Lakes.
These suburbs and ones like them are feeling the flow-on effect from buyers finding more value for money than the expensive inner-city alternatives.
A growing desire for people to be both close to the city, and close to the coast, as well as a shortage of quality homes on the market, were major contributing factors to the price growth.
Want to know more about Melbourne’s growing suburbs? See the full story here.