Extracted from domain.com.au in 2016...
'Fast-forward to the end of last year, and the difference in price is stark. Greenvale’s growth slowed; the median rising over two decades 160 per cent to $523,500. But an explosion of interest in Box Hill — completely transforming the suburb — saw its median price climb 927 per cent to $1,485,000. This is the biggest increase over the past 20 years, according to an analysis of Victorian Valuer-General data by former Age economics editor Tim Colebatch.'
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- Foreign buyers accounted for 25% of market
Foreign buyers accounted for 25% of market, page-8
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