M:
Research
Winter/25 Melbourne Residential
The Big Picture In an attempt to boost the economy, recent downward pressure on interest rates are likely to have the strongest impact on homebuyers in Melbourne, with more rate cuts anticipated by the end of year.
Falling property prices and a growing housing supply have improved affordability for both first time buyers and investors. The market is showing promising signs of recovery and is raising sentiment across the city.
While property prices and living costs remain a consideration, many local and interstate investors are being attracted to new opportunities in the evolving Melbourne property market.
As more rental homes come onto the market, this is helping ease conditions for tenants, offering some relief to households facing ongoing cost-of-living pressures.