What to expect in 2017

The CEO of the Real Estate Institute of Victoria (REIV) posted an interesting article in early January postulating on what might be the market trends for property in Melbourne for the coming year.

A combination of low stock levels, low interest rates and strong population growth should encourage buyer interest well into 2017. It bodes particularly well for vendors in the outer suburbs with their properties, on average, being snapped up within 28 days.

Read the full article including the yearly wrap and the top 10 suburbs to look out for in 2017 from the REIV here.

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