Record home value rise as regional Victoria outpaces recovered Melbourne

National house and unit values increased by 2.8 per cent in March — the most in 32 years — with every capital city gaining at least 1.5 per cent, new CoreLogic data shows.

The Melbourne market notably hit a new peak, with dwellings rising by 2.4 per cent last month and 4.9 per cent over the last quarter to reach a median value of $736,620.