Rising optimism as Victoria sees second consecutive quarter of property price growth
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Quarterly median data from the Real Estate Institute of Victoria (REIV) has shown that in the three-month period to 30th June (Q2 2025), house prices climbed 0.4 percent and units climbed 1.3 percent compared to the previous quarter. In regional Victoria, houses rose 2.6 percent and units rose 3.1 percent.
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Toorak, a premium Melbourne suburb, led metropolitan growth in Q2, with houses climbing 36.5 percent to $4,249,000 and apartments rising 8.2 percent to $975,000.
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In regional Victoria, houses in Greater Mildura saw 3.9 percent quarterly and 11.3 percent annual price growth, with the town of Merbein ($400,000) showing a 13.4 percent quarterly increase and 29 percent annual growth.
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Courtesy REIV
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