For Melburnians who’ve long complained of growing house prices, the comfort has been that at least the situation isn’t as bad as Sydney. Not for much longer. An expert has predicted Melbourne will have a million-dollar median house price as soon as the end of next...
Although Melbourne recorded its lowest auction clearance rate for what has been an explosive start to the year, the result was by no means a weak result for sellers. Melbourne recorded a resumption clearance rate of 78.3 per cent which was below the previous...
Auction sales of established homes in Sydney and Melbourne remained strong on the weekend amid signs that investor lending restrictions for off-the-plan sales are starting to bite. A shortage of owner-occupier housing close to the centres of Australia’s major...
Gone are the days of finding cheap houses in middle suburbia, as more homeowners demand seven-figure sums for humble homes. Sellers in Pascoe Vale, Glenroy, Kilsyth and Mooroolbark have been able to capitalise on a strong market, with the once-budget postcodes having...
Melbourne’s outer suburbs — the last frontier for affordable rentals — are steadily slipping out of reach for low-income tenants as rents soar to record heights. Renters in the Cardinia, Wyndham, Melton, Frankston, Casey and Greater Dandenong council areas were hit...
