VIC Hotspots Bundle

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VIC Hotspots Bundle

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Top 5 Melbourne Hotspots 2020:

Melbourne markets have held up better than most against the forces of Covid-19. The number of growth markets has dropped but remains at solid levels – and prices have continued to perform well.
Our Autumn 2020 survey of sales activity found 69 suburbs with rising sales demand, the highest in three years. Our new Winter 2020 survey has identified 32 growth suburbs, so the number has halved, but remains higher than previous surveys since the previous peak in early 2017.

The data suggests Melbourne markets have been resilient price-wise in the Covid-19 period, despite the fall in sales activity which is reflected in our Winter 2020 survey of sales volumes across Melbourne.
In the circumstances, a result of 32 suburbs with growing sales activity is a solid performance and is better than all the quarterly surveys of 2018 and 2019, when the Melbourne market was having its post-boom correction.

Discover the locations that are proving most resilient in the new edition of Top 5 Melbourne Hotspots 2020.

Top 5 Victoria Regional Hotspots 2020/21:

The trend that is sweeping Australian real estate, the one we call The Exodus To Affordable Lifestyle, started in Regional Victoria.
It has been, and continues to be, a strong trend elsewhere in Australia – but it first became apparent in Victoria. And it continues to be a powerful force there. 
It has been driven primarily by technology – which has created the ability for more and more people to work remotely – and has been enhanced in some instances by improved transport links.
The virus lockdown phases gave further impetus to this trend, by opening the eyes of more and more people to the possibilities of working from home. The phenomenon has gathered pace and in 2020, with the Melbourne lockdowns, has picked up speed. 

This edition of the Top 5 Victoria Regional Hotspots gives you the pick of the crop – plus the data to explain why these locations are thriving and the growth drivers that will continue to push them into the future.

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