What’s really happening in the Melbourne apartment market? | Michael Yardney [video]

What’s really happening in the Melbourne apartment marketcity suburb melbourne northcote

Is there an oversupply?

Are prices falling?

According to BIS Shrapnel’s latest Inner Melbourne Apartments Market Brief 14% of inner Melbourne apartments are sitting vacant and unoccupied, while the supply pipeline is at record level.

Now that’s a recipe for disaster in the new and off the plan Melbourne apartment market if I’ve ever seen one.

So what’s really happening in the Melbourne apartment market?

That’s the question I recently put to Michael Yardney for a recent Real Estate talk show – watch his answers in this short video:

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Kevin Turner


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