Loch Sport, Wonthaggi, Ballarat among regional Victorian spots notching crazy price growth

Date: 30 Jan 19

Melburnians “over city life” are helping drive bumper house price growth across regional Victoria.

Three country towns and two Ballarat suburbs notched median house price gains of more than 20 per cent last year, according to the Real Estate Institute of Victoria.

Loch Sport was the best of the lot, with the Gippsland coastal town’s typical house now worth 32.4 per cent more than it was a year ago, at $225,000.

Another seaside spot, Wonthaggi, skyrocketed 29.1 per cent to a $348,500 house median, with western Victorian town Maryborough rising 26.6 per cent to $250,000.

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