Days on Market data shows increasing buyer interest in Melbourne’s south west
The Real Estate Institute of Victoria’s latest Days on Market data shows that properties in Melbourne’s south west are being snapped up in much quicker timeframes than this time last year, signaling intense competition from buyers in the area.
Victorian rental vacancy rates at record lows, not enough for a healthy market
Kim Davey of Hockingstuart Melbourne and REIV President Richard Simpson discuss the REIV’s latest data showing that Victoria’s rental vacancy rate has dropped to its lowest level.
The cold weather has done nothing to cool Melbourne property prices
New data from the REIV shines a light on Melbourne's property prices: Melton South is Melbourne's most affordable suburb, and Toorak is its most expensive, while Croydon house prices surged 20% during the June quarter.