Property Update – 2 November 2020
Excitement, energy and enthusiasm! What a month it’s been with the Melbourne property market riding a wave of optimism as thousands of new listings refresh the marketplace and pent-up demand is finally being addressed.
All eyes are now on the results, and early signs suggest housing prices will grow as confidence returns. This is especially the case in Melbourne’s resilient inner ring of suburbs where growth has continued this year with house prices rising by 1.2 per cent over the September quarter, according to Domain’s latest pricing report. Amazingly, apartment prices in the west skyrocketed by 10.2 per cent over the same quarter.
Analysts are now predicting bumper years ahead nationwide with interest rates at historic lows and government incentives encouraging new players to pull the trigger.
Get a jump on the competition and set yourself up for the future. For a glimpse into what’s available, visit our Projects page.