In the last 12 months, research has shown that house prices have sky rocketed three times faster than those of units.
In a recent article written by the Domain’s, James Robinson, it appears Melbourne’s inner south and inner eastern suburbs have the most significant gap in pricing between houses and units.
Thanks to Melbourne holding the unenviable title of most locked down city in the world, Melburnians are increasingly wanting more space to move, to live, to grow, to work, to play – both inside and in their backyards. Since the introduction of COVID restrictions and lockdowns, we are living differently in our homes. We have had to adjust to children and parents, and to couples co-existing, working, schooling and living together 24/7! Add to this a lack of indoor and outdoor space and you potentially have a tense atmosphere at times.
Having more room to move allows us to separate from other family members and also separate our personal lives from our professional lives. When businesses return to full capacity in the office, people are going to want to remain working from home even if it’s for a day or two a week. And as most industries have continued to achieve and maintain profitability, working from home is now the new norm.
It can be stressful to buy a home and/or sell as well and to stay within budget! This can be especially difficult for a young couple or a young family. In these situations, a buyer’s advocate can be critical in locating a dream home within budget and a reasonable timeframe. Contact me to see how I can help!
Looking to buy in Melbourne and sick of missing out at auction? Talk to me about how I can help you buy your new home faster, for less.
We do offer our negotiate service for those buyers in the market looking to pounce on opportunities that arise. Get in touch if you’d like to know more.
Ask about our Home Buyer Search and Acquisition Service, where we do all of the legwork on your behalf to MAKE IT EASY to secure your new home.
Give me a call on 03 9686 2288 to discuss how I can help. I offer a free consultation, so why not call today?
