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Point Cook prices top Melbourne's growth areas

Of all the suburbs in all of Melbourne’s growth corridors, Point Cook is number one for lot prices according to new data released by a leading industry body.

The Urban Development Institute of Australia has published its annual State of The Land study, which says the median price of a Point Cook lot is over $150,000 more than the average median Melbourne lot price.

“Point Cook recorded the highest median lot price of any growth area in Melbourne at $461,000 by December quarter 2017,” the (April 2018) report said.

A report by the Domain Group last year also ranked Point Cook number one for Melbourne house sales. There were 1325 house sales in the suburb over the course of 2017.

Melbourne’s outer west is among Australia’s hottest housing spots and we’re delighted to see Point Cook leading the way.

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