Geelong is now the states leading property market, thanks to increase in home price growth, new analysis has shown.

The latest Price Predictor Index has found that a number of Melbourne suburbs have recorded an increase in sales activity, which is a good indicator in price gains being around the corner.

Doncaster, Richmond and Glen Waverley are named in the index as suburbs where home sales have fallen away, meaning a price decline is likely to happen in all three areas.

However, for people wanting to buy and make profit, it looks much better in Bayswater North, Beaumaris, Carrum, Croydon North, Kensington, Mill Park, Narre Warren, Parkdale, Sunshine and Yarraville.

Bayside suburbs on the Mornington Peninsula and coastal towns close to Melbourne also have similar situations t, with strong price prospects possible in Rosebud West, Sorrento, Torquay, Inverloch, Wonthaggi and Cowes.
All we need now.. is a deposit.

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