Victoria Market Reports

    • After a booming 2007, Victoria’s capital sees an easing in demand while first home buyers are left looking for shelter. Residex data indicates Melbourne’s median property valued has now reached $481,500 after prices rose an impressive 20.03% in 2007. read more

    • Melbourne was one of the great property markets of 2007, showing an astonishing growth rate of 19.91% in median house price for the year to $469,000. The home of uber-culture was a favourite haunt for property investors and, according to property research firm Braxton Chase, the love affair looks set to continue although with some caution from enamoured buyers. read more

    • The Melbourne market is still on fire, though affordability is likely to quench growth as the year progresses. read more

    • Property prices are showing no signs of hitting the brakes as investors and homebuyers dive into the Victorian city. read more

    • Supply and demand issues continue to push prices up in central Melbourne. While the Residex figures suggest a solid, yet uneventful 12 months for Melbourne, Herron Todd White think an affordability crisis may be just around the corner. read more

    • Property values in Victoria virtually flat-lined in the three months to July 2007, with Melbourne values dropping half a percent and regional properties lifting just 0.75%. However with yields continuing to increase, the market seems just right for picking. read more