We are on the cusp of a major rebound. Big things are brewing in the Melbourne property market, and investors are starting to pay attention. We’ve spent time talking to accountants, listening to economists, reading the data, and tracking global market trends because in real estate, it’s not enough to just sell homes. It’s about
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Vacancy rates in Melbourne’s rental market are usually very tight, often sitting below the national baseline. And thanks to soaring demand and a severe undersupply across Victoria, and the rest of the country, the national vacancy rate is exceptionally low today by historical standards. SQM Research reports Melbourne’s vacancy rate at 1.5%. By comparison, the
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In the first month of this Spring season, we saw the highest number of new listings come onto the market. This has given buyers more choice and as expected led to softening auction clearance rates. As usual, new listing volumes will hit a seasonal peak in November, before tapering off in the weeks leading up
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