melbourne property market

Property Investment In Melbourne - 29 Real Estate Market Tips

The Melbourne property market has been one of the strongest and most consistent performers over the last few decades. However after peaking in November 2017 the market is now taking a breather. But the Melbourne real estate market is not crashing as some property pessimists predict – it is experiencing a soft landing. There are no forced sales by desperate…

Sydneysiders Favour Melbourne’s More Affordable Properties

With Sydney’s property prices continuing to rise to ever more unaffordable levels, residents are turning to Melbourne for more affordable alternatives. While both capitals have enjoyed a major boom in house prices, the average home in Melbourne is generally cheaper than in Sydney (sometimes by up to 40% for new apartments). Indeed, many Sydneysiders now…

30 things to know about the Melbourne, Sydney and Brisbane property markets

A quick 4 minute read. Here’s what going on in the 3 biggest Australian property markets at present: 10 things you should know about the Melbourne Property Market: Sales volumes continue to rise.  Both house and attached dwellings values are rising. The median house sale value is $770,000 and the median attached dwelling sale value is $564,000. House…

Look how many more dwellings we’re going to need to build in Victoria

The recently revised Plan Melbourne forecasts the population of Melbourne is projected to grow from 4.5 million to almost 8 million, with Victoria’s total population set to top 10 million by 2051. Of course this will create some interesting social and infrastructure challenges.  For example, the city’s transport network will need to cater for around…

The Future Of Melbourne [video]

What’s in store for the Melbourne property market? Most commentators are suggesting it will be the best performing market over the next year or 2, but I’m taking about the long term. As always this will be driven by demographics. Demographer Mark McCrindle outlined his views in a recent blog and on Chanel 7 news….

Melbourne Housing Market Update [Video] - December 2016

Melbourne has finished November with the the lowest rental yielding market for houses, averaging 2.8%.  The soft performance across the combined capital city reading was attributable to a 1.5% fall in the Melbourne index, while all other capital cities recorded a positive month-on-month result. Delving into the Melbourne property market results in more detail showed that…