Poor growth over the past two to three years, a decline in investor activity, and limited buyer numbers has seen popular sentiment on Melbourne’s property market sour in recent times. But is this negativity warranted? We take a deep dive into the factors impacting Melbourne real estate and explore why now might be the perfect time to buy.
In this episode, we’ll explore:
- Why Melbourne is lagging behind other capital cities: We break down the recent government decisions impacting investors and analyse their effects on the market.
- Why Melbourne is currently undervalued: We uncover the data that reveals the true state of Melbourne’s property market and its potential for future growth.
- Why now is a buyer’s market: We discuss the limited competition and increased supply creating favourable conditions for buyers.
- Why Melbourne’s rental market remains resilient: We examine the factors contributing to the city’s strong rental market and its potential for continued growth.
- Why the interest rate factor could be a game-changer: We analyse the potential impact of declining interest rates on Melbourne’s property market.