Melbourne’s property market leads the charge in 2021 - Urban Property Australia
Urban Property Australia Founder and Managing Director, Sam Tamblyn said that the growth of Melbourne house prices has been underpinned by a disconnect between demand and supply. Total advertised listings remained extremely low throughout 2021 to date with buyer demand consistently outweighing...
The median house price in Victoria has recorded its one of its largest quarterly increases, according to data from Real Estate Institute of Victoria’s quarterly March report.
“Home buying activity has surged over the past week with the clear prospect of strong market conditions continuing" says Dr Andrew Wilson – Chief Economist at AI property intelligence platform Archistar.
St Kilda $20 million sales run in two weeks by Sam Hobbs post COVID-19 lockdown
Sam Hobbs’ $20 million plus worth of property sales over the last two weeks comprised five St Kilda homes ranging from $3 million to $5 million in price.
Value of property prices in Sydney are expected to rise by 2 per cent and in Melbourne, unit prices will grow from 0 to 2 per cent and house prices will increase from 1 to 3 per cent, according to Dream Design Property (DDP).
Why houses in these Melbourne suburbs are selling up to $400k more
Properties close to some of Melbourne’s popular public primary and secondary schools are selling for up to $400,000 more than those just outside the zone, according to data from industry body the Real Estate Institute of Victoria (REIV).