Melbourne auction clearance rates in some sectors are showing signs of buyer uncertainty, while economic pressures, global instability, increasing inflation and rising interest rates are simultaneously impacting the market. Combine these factors with the negative impact that the Victorian government’s housing reforms have had on investment buying, and the result is a Melbourne property market that has seen consistently lower growth than other Australian cities over the past two years.
That lack of property price growth has earned Melbourne the title of one of Australia’s most affordable cities right now.
But of course, that is in comparison to other Australian cities who have experienced significant price growth in recent years, and ‘affordability’ is relative to personal circumstances. Our advice to home buyers is to remember that property is a long-term investment, and you should buy when you are ready. What buyers should also do is seek professional advice from reliable and trusted sources such as our independent buyer advocates. Together, we can develop a sound strategy for your long term success in property wealth.
Chat to us about how a property advocate can help you sell or buy in the current market with confidence. Investment buyers can receive invaluable support and guidance through our Buyers Advocacy Service, and for landlords who are selling, our Vendor Advocacy Service helps vendors achieve outstanding results.
To book a free 20-minute consultation, simply click here and choose a time convenient to you.
By Wendy Chamberlain
Copyright 2026 | All Rights Reserved