Latest / Aussie Real Estate Podcast
Melbourne Property Market Shift: Fewer Bidders, Longer Selling Times and House Prices Under $1 Million
We talk with Tom McCarthy from BigginScott in Stonnington about Melbourne’s property market is changing rapidly. Buyer competition has eased significantly in many premium suburbs, with some homes attracting only a handful of serious buyers compared to boom-time conditions. Longer days on market are also impacting buyer confidence, while Melbourne’s median house price has now slipped below $1 million.
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