Around the country property experts have gathered to compile their list of the Top 100 Suburbs To Watch In 2025 - so how did Melbourne fare? Pretty well in fact, with 17 suburbs making the list that assesses price growth potential based on a comprehensive set of lifestyle, demographic and economic drivers such as affordability, amenities, family appeal, location and infrastructure, amongst …
What Can Melbourne Property Buyers Afford?
If you're trying to establish a foothold in the property market and struggling, recent data from CoreLogic might explain why. The median house price in Melbourne is $860,000 according to CoreLogic data. But their modelling shows that if an average household with a gross annual income of $100,000 saved a 20% deposit, they could only borrow enough to buy a property worth $513,000 - without …
Continue Reading about What Can Melbourne Property Buyers Afford? →
New ATO Rule For Property Sellers
Usually it's the Victorian government making new rules that affect Melbourne's property market, but this time it's the Australian Tax Office. The ATO have kicked off 2025 with a new rule which will affect Australian homeowners who sell property from the 1st January, 2025. Australian residents (for tax purposes) selling property in Australia are now required to provide the purchaser with a …
Property Market Predictions – Melbourne 2025
It's a bit of a grim outlook for Melbourne homeowners if they're planning to sell in 2025, with experts suggesting Melbourne’s property market could perform the worst of all Australian capital cities in the coming year. The gloomy forecast is backed by PropTrack's December 2024 Home Price Index which showed Melbourne property prices fell by the second largest margin of all Australian capital …
Continue Reading about Property Market Predictions – Melbourne 2025 →
4 Signs You Are Ready To Sell
Selling your home is a big decision, and one many people struggle with for quite a while before they actually go ahead. Here are four signs that you are ready to sell: 1. Favourable Market Conditions When there are more buyers than there are houses for sale, it is a seller’s market. And if increasing property prices coincide with short supply, that is a great time to sell. BUT selling with …
Guide To Selling Your Melbourne Home In Summer
Selling your Melbourne home in the heat of mid-summer can have its challenges, but it also provides an opportunity to showcase some of the most enticing features of your property. But first, you should start by decluttering and deep cleaning before the marketing campaign begins. Remember to clean your windows, glass doors, bathrooms, kitchen, laundry, floating floors and floor tiles so that …
Continue Reading about Guide To Selling Your Melbourne Home In Summer →
Decoding Auction-Speak And Tips For Winning At Auction
Victoria's property auction season is in full swing. When there are more buyers than properties, auctions enable vendors to sell for the best possible price. But many buyers find bidding at auction quite stressful, so let’s make it a little easier by explaining some of the auction sales jargon and giving you a few tips on how to win at auctions. Auction terms you'll hear frequently: Tips …
Continue Reading about Decoding Auction-Speak And Tips For Winning At Auction →
Hotspot Suburbs Attracting First Home Buyers
While most Australians aren't finding it any easier to buy a home, due mainly to the skyrocketing cost of living and house prices and mortgage interest rates remaining stubbornly high, a recent study by PropTrack indicates there are a few affordable hotspots if you know where to look. The latest data from PropTrack shows the ten most in-demand suburbs across Australia experiencing enquiries …
Continue Reading about Hotspot Suburbs Attracting First Home Buyers →
More Reform To Further Deplete Melbourne’s Rental Market
"The Labor Government has implemented more than 130 rental reforms to restore fairness and respect for renters everywhere – this makes it six more. Victoria is leading the nation." - Premier of Victoria Hon Jacinta Allan MP Leading the nation? To where, homelessness? That recent statement from the Premier's Office formed part of the announcement introducing six more …
Continue Reading about More Reform To Further Deplete Melbourne’s Rental Market →
Six Melbourne Suburbs Have Boomed This Year. Is Yours On The List?
An interesting article by Realestate.com.au recently revealed that the median value of almost 280 suburbs across Australia grew by over $205,000 in the past year, according to research by Proptrack. While median prices in Melbourne have only changed marginally in comparison to Sydney, Brisbane, Perth and Adelaide, there were six Melbourne suburbs that enjoyed significant increases to …
Continue Reading about Six Melbourne Suburbs Have Boomed This Year. Is Yours On The List? →
