Great news for those looking to purchase at Harriott, located in the regional area of Greater Geelong.
According to CoreLogic, house prices across Australia grew by more than 4% over the last quarter. This is the biggest increase since 2009, with Melbourne recording a 6.1% increase.
However, regional locations including Geelong have performed even better over the last three years than Sydney, Melbourne and Brisbane.
“The official best-performed market was Glenorchy (40%), while some other absolute standouts include Macedon Ranges (35%) and Geelong (29%),” Propertyology head of research Simon Pressley said.
House prices in Greater Geelong remain affordable, with many land options available at Harriott. You can explore more land options here.