Navigating Melbourne's Resilient Real Estate Market: Expert Insights and Property Guidanc
I can't believe we are already less than two weeks away from Christmas 2023! Despite facing 13 interest rate hikes in the last 18 months, impacting the borrowing capacity of many buyers, sales volumes have seen a remarkable 15.5% increase compared to the same period last year.
I have witnessed a surge in prices, sales, and auction activities in Melbourne.
The recent robust spring selling season highlights the resilience of the Australian property market, even in a higher interest rate environment.
Looking forward, I anticipate continued price growth in the coming year, albeit at a more moderate pace, driven by sustained high demand for housing and limited stock, which is likely to keep driving up both sales and prices.
Call or text me 0480101966 and 𝗜 𝘄𝗶𝗹𝗹 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗲 𝗹𝗼𝗰𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁, 𝗿𝗶𝗴𝗵𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝘀𝗲𝗹𝗹 𝗮𝗻𝗱 𝗲𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝗲𝗹𝘀𝗲 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝘃𝗮𝗹𝘂𝗲 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗵𝗼𝗺𝗲.
Sam's Property Buzz
Sam Weerawarna on 0480 101 966
Director / Licensed Estate Agent
YES Real Estate | 1300 032 669
