With the new year ticking over, a wave of optimising is suddenly sweeping Melbourne’s investment market, with many factors indicating this is indeed time to take the property investment plunge.
If 2023 proved anything, it proved that the Melbourne Metro property market was very resilient.
High cost of living and high interest rates have kept consumer confidence down since mid-2022 with the effect starting to come through in housing values across Melbourne.
So, you’ve sold your house? Or maybe you’ve purchased a home. Now is the time to start thinking about the moving process.
With 2024 officially started, let's take a look at the expected trends for this year in the real-estate world including colour, new builds and renovations.
With more homes on the market, a slight drop in average home values across Melbourne and an interest rate hold for December, the market is changing in the buyers favour.
What are the interior trends we will be seeing this Spring/Summer?
In 2022 the population grew by record numbers – the largest ever recorded numeric increase in a calendar year according to the Australian Bureau of Statistics (ABS).
National home prices moved higher in September, with the spring selling season blooming. National prices have now recovered 2022’s falls entirely after climbing 0.35% month-on-month to peak levels. Prices are up 4.31% so far this year.
Embracing the flexibility of Australian living spaces amidst changing times
Wandering through Melbourne’s neighbourhoods reveals a rich architectural tapestry, where each style narrates a distinct historical era.
During April to June 2023, many suburbs across the city have seen elite sales results, causing an increase in median pricing across both the housing and unit markets.
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
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