Stats Centre - Median House Prices

Median house prices are reported quarterly and sourced from the Real Estate Institute of Victoria.

For the latest median house prices by suburb, search on the REIV website or use their interactive map.

The median house price in the City of Greater Geelong was $570,000 in the December 2019 quarter, an increase of 0.4% from the previous quarter and an annual increase of 2.2% (change since the December 2018 quarter).

The December quarter median house price in the City of Greater Geelong was 33.7% lower than the median house price in Metropolitan Melbourne.

During the same period the median house price in Metropolitan Melbourne was $859,500, an increase of 3.7% compared to the previous quarter and an annual increase of 6.0%.

The December quarter median house price in Metropolitan Melbourne was 150.7% higher than the median house price in the City of Greater Geelong.

 
Median house price
Percentage change*
City of Greater Geelong
Latest quarter (December 2019)
$570,000
+0.4%
Previous quarter (September 2019)
$567,650
Same quarter last year (December 2018)
$558,000
+2.2%
Metropolitan Melbourne
Latest quarter (December 2019)
$859,500
+3.7%
Previous quarter (September 2019)
$829,000
Same quarter last year (December 2018)
$811,000
+6.0%

Source: Real Estate Institute of Victoria.
House Sale Prices. Regional median prices are based on the twelve months ending the quarter.  REIV revises medians every quarter. Metro Melbourne median time series prices are seasonally adjusted.
*Percentage change is based on differences between the latest quarter and earlier figures as specified.

Quarterly Median House Prices - City of Greater Geelong


Median House Prices

Source: Real Estate Institute of Victoria.





Page last updated: Thursday, 13 February 2020

Print