16 Melbourne suburbs cheaper than 5 years ago

16 Melbourne suburbs cheaper than 5 years ago

Insight, Latest posts, Melbourne, Property Investment

Prices in Melbourne’s property market went backwards in May after the Reserve Bank of Australia raised the cash rate for the first time since November 2010. But median property prices are still high versus household income across most of the city’s suburbs. And that’s thanks to historically low interest rates, government incentives, pandemic-induced interstate migration and historicRead More

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Melbourne Housing Market Update [video] | June 2022

Melbourne Housing Market Update [video] | June 2022

Insight, Melbourne

Melbourne housing values have declined over the same period a year ago. You can also check out the local reports for Brisbane and Sydney. As demand fades, advertised listings are rising. At the end of May inventory levels were 1.3% higher than at the same time last year and 8.1% above the five-year average. As interestRead More

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10 most expensive suburbs in Melbourne

10 most expensive suburbs in Melbourne

Insight, Melbourne

Since the onset of the Covid-19 pandemic, demand for housing across the country has swelled to new highs, and Victoria’s capital isn’t immune. So far this year the Melbourne housing market has languished with little overall growth in the first quarter of the year, however, there are still plenty of transactions occurring. In fact, MelbourneRead More

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Australia’s 50 largest cities

Australia’s 50 largest cities

Brisbane, Insight, Melbourne, Sydney

Sydney regains the top spot as Australia’s largest city for 2021, but Melbourne is close on its heels. There are just 57,000 people separating Sydney from Melbourne – 4.959 million compared to 4.901 million – according to the latest ABS data. Last year it was Melbourne which wore the crown for the highest population, butRead More

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