Mildura house prices set to jump by 10 per cent in 2019

MILDURA property prices could grow by more than 10 per cent in 2019 as regional markets continue to outperform capital cities, a leading Australian property market research company has forecast.

Propertyology head of research Simon Pressley forecasting a big year for the Mildura property market.

Propertyology head of research Simon Pressley forecasting a big year for the Mildura property market.

Propertyology head of research Simon Pressley yesterday said Mildura’s property market ranked in Australia’s top 20 per cent last year, with a median house price increase of 5.2 per cent for the 12 months to the end of October.

The continued growth in the last quarter showed promise for an even better 2019, Mr Pressley said.

“Mildura’s market is strengthening further with price growth of 2.7 per cent just in the last quarter,” he said. 

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