Record-breaking year for rentals | Gippsland Times
The cost of renting a house in regional Victoria has increased by 11.1 per cent, while units are 7.9 per cent higher.
Source: gippslandtimes.com.au
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The cost of renting a house in regional Victoria has increased by 11.1 per cent, while units are 7.9 per cent higher.
The average price of a home in regional Victoria is now $610,000, with units also rising to an average of $425,000.
Throughout 2021, regional Victorian house prices grew at the fastest rate in 20 years, with the median house price rising by $120,000.
House prices continue to increase in the Wellington Shire, bucking a national trend and leaving a shortage of affordable housing.