Read our range of detailed research and analysis to learn the underlying dynamics of the Melbourne property market. Uncover unique insights to help shape your investment strategy.
New data from Wakelin Property Advisory points to a significant shift underway in Melbourne’s investment market.
In the Spring Property Report, we explore the findings and their implications.
- Early drivers of Melbourne’s recovery: Interstate buyers now make up 57% of all enquiries, while Victoria’s has fallen to 39%.
- Why out-of-state investors see opportunity: Many have enjoyed 68–76% price growth in their home markets since the pandemic, and are now shifting capital into Melbourne, where prices have lagged and upside potential is high
- ‘Interstater’ trade-offs: Victoria’s land taxes viewed as a cost worth absorbing for long-term capital gains
- Auction trends: Clearance rates reaching 74.8% in July 2025 with solid volumes, indicating growing buyer confidence
- Spring outlook: Interest rate cuts, strong buyer preparation, and early interstate positioning creating favourable conditions for strategic purchases before the market tightens further
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