M:
Research
Winter/25 Melbourne Prestige Residential
The Big Picture In response to global economic uncertainty, interest rate cuts have been strategically introduced to support market stability and growth. Most lenders have adjusted mortgage rates accordingly. While prestige sale transactions have been slow-moving, similar to the stock market performance, many are anticipating further rate reductions in 2025—potentially enhancing borrowing conditions for high-end buyers.
Recent price growth for Melbourne’s prestige homes have remained relatively stable, with apartments carrying most of the growth. Improving buyer confidence and broader economic optimism are expected to support renewed momentum over the next two years. A lower supply of exceptional prestige luxury rentals is keeping prices elevated, although future growth is expected to moderate.