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Melbourne property market: the comeback kid or come back later?
Melbourne property market: the comeback kid or come back later? 11 July 2025 Matthew Hughes SOURCE: Australian Property Investor JOURNALIST: Anthony Klan July, 11 2025 Melbourne real estate has seemingly been on the cusp of a recovery for the best part of a decade, so is the current uptick in median vales the sign of a genuine recovery or another false dawn? Melbourne’s multi-year slide to become the nation’s cheapest major capital has spurred countless headlines predicting an impending property market recovery. Experts say that long-term mirage is now slowly starting to materialise: interest rate cuts have put a floor under the market — applying a tourniquet to falling prices — and investors are starting to stir. Just don’t expect a major boom any time soon. “We’re seeing a clear uptick in buyer activity,” said Luke Assigal, Director of Melbourne’s Parley Property Advisory. “The clearance rates are trending upwards, and we’re seeing more emotional buying decisions, which is typically a sign of growing confidence. “The overall sentiment is cautiously optimistic,” he said. The latest sales data backs it up. Over the three months to 30 June, the median Melbourne dwelling value has gr
SOURCE: Australian Property Investor JOURNALIST: Anthony Klan July, 11 2025 Melbourne real estate has seemingly… Read Article