How can I speak with Capital Property Advisory?
You can request a complimentary consultation with a CPA adviser to discuss your property goals and next steps.
CAPITAL PROPERTY ADVISORY | NATIONAL BUYER'S AGENCY
Melbourne home prices surge more than any capital city so far in 2025 | PropTrack
Melbourne home prices surge more than any capital city so far in 2025 | PropTrack 1 April 2025 Matthew Hughes SOURCE: Realestate.com.au REPORTER: Sarah Petty April 1, 2025 Melbourne home prices have risen to begin 2025 more than any other state capital. 37 Derham St, Port Melbourneis currently on the market for $875,000-$925,000 Home hunters and investors are turning their eyes to Melbourne with the city recording the biggest acceleration in property prices of any capital so far this year. PropTrack’s March Home Price Index revealed the city’s home values rose by 0.7 percentage points in the first quarter of 2025 after falling 1.3 percentage points in the December quarter— the fastest acceleration in property prices nationwide. However, in the 12 months to March this year, Melbourne’s median dwelling price fell by about $17,580, or 2.26 per cent, from $795,580 to $778,000, making Melbourne the only city with negative annual price growth. A typical Melbourne house’s value sits at $895,000 while a unit is priced around $583,000. It’s a similar story in regional Victoria, where the median dwelling price is down 1.53 per cent at $573,000. REA Group senior economist Eleanor Creagh said
SOURCE: Realestate.com.au REPORTER: Sarah Petty April 1, 2025 Melbourne home prices have risen to begin… Read Article