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November 28, 2021

Melbourne Markets Remain Strong Despite Lockdown Setbacks

Melbourne Markets Remain Strong Despite Lockdown Setbacks

Melbourne has defied the negative impacts of multiple long lockdowns  – including the prolonged one that ended in October 2021 – to deliver consistently solid growth in prices right across the metropolitan area.

Of Melbourne’s 283 suburbs –

  • 95% have recorded growth in their median house prices in the past year
  • 97% have had growth in the latest quarter
  • 270 suburbs have recorded annual price increases
  • 235 of which have grown by 5% or more
  • 153 suburbs with rising sales activity

Top 5 Melbourne HotspotsAgainst that backdrop we have published our new edition of the Top 5 Melbourne Hotspots report.

Get a copy today to find out which parts of the Melbourne market are tipped to thrive in 2022, as the city embraces a new set of more favourable circumstances, which are likely to include a return of international students and an influx of overseas migrants.