The CEO of the Real Estate Institute of Victoria (REIV) posts interesting articles regarding market trends postulating on what market trends are 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 the coming year . It bodes particularly well for vendors in the outer suburbs with their properties, on average, with buyers snapping up properties very quickly.
Read some of the latest residential insights here ! : https://reiv.com.au/property-data/residential-sales