Prices in Albanvale, Deer Park and Sunshine West rose by more than 12 per cent on the 2009 December quarter, with Albanvale recording a 15.8 per cent change. St Albans and Taylors Lakes also recorded increases of more than 8 per cent. Hillside and Sunshine had the smallest rise - less than 2 per cent.
While the annual change has seen house prices rise in Brimbank, median prices are lower than the September 2010 quarter.
Taylors Lakes’ Barry Plant sales manager David Lussi said he expected to see more drops in property prices.
“My opinion on the next few months will be prices in the area will plateau,” he said. “If it wasn’t for the fact that banks have closed down on lending we probably would have seen substantial rises all over Melbourne.”
Local suburbs had done “consistently well” for several years, Mr Lussi said.
“There is always a constant supply of people looking (to buy) in this area.”