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Are the 12.1% and 10.8% figures compound interest rate %'s???

Deer Park Bypass is no Eastlink. Melton median price increase from Dec '06 to Dec '07...1.9% (for the whole year). For Melton South...3.9%. What about it's more proximal neighbours...Deer Park -0.3%, Caroline Springs 1.3%...

I think there are clear reasons why some outer suburbs are doing better than others, relatively speaking. My concern is more with middle and outer Western Melbourne, which is still home to perhaps the greatest concentration of socio-economic disadvantage in Melbourne - yet has experienced...