With the next growth point projected, strategic investors have the rare chance to time their entry into the market so that they can buy just before Melbourne starts growing again. If there is anything the last 10 years of property price movements have shown, it is that affordable opportunities don’t last. This should give anyone interested in investing in Melbourne pause for thought.
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Fears that property prices will fall in the face of a rampant oversupply of new properties show no signs of being put to rest
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Melbourne property prices as a whole, show tentative signs of stabilising, but suburbs on the city’s western fringe could be in trouble.
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