Frankston and Carlton have Melbourne's most affordable units: REIV
The REIV has released a list of the 10 most affordable suburbs for units.
It covers the March 2013 quarter giving their price growth or decline.
Most Affordable | Suburb | Mar-13 Median | Quarterly Change |
1 | $270,000 | 2.7% | |
2 | $280,000 | -12.5% | |
3 | $360,000 | 8.4% | |
4 | $372,000 | 0.5% | |
5 | $375,000 | 0.0% | |
6 | $375,500 | 2.9% | |
7 | $380,000 | 0.5% | |
8 | $390,500 | 5.5% | |
9 | $392,000 | 0.5% | |
10 | $396,000 | 8.5% |
