Market News. It has been a typically uneventful summer for real estate with market figures showing not much change. The average Melbourne home now costs $777,250 after a rise of 3.9% over the last year. Agents report a solid uptick in listings at the start of 2024 and are generally speaking bullish about the year ahead.
Market News. Like many years, 2023 started with predictions of falls in property prices. Also like many years, that didn’t come to pass Australian house and apartment values had a solid year, increasing by 8.1% nationally over 2023, according to analysts, CoreLogic. As you can see below, perennial underperformer Perth turned the tables on an ordinary decade recording a 15.2% jump in prices