Melbourne Property Prices Hit Record High – What We’re Seeing on the Ground
PropTrack has reported that Melbourne property prices have now reached a new record high. After sitting behind other capital cities for some time, Melbourne is back in the spotlight with renewed growth and stronger buyer demand.
From where we sit as buyer’s agents, this was always going to happen. Melbourne has been playing catch-up compared to Sydney, Brisbane, Adelaide and Perth, and that gap created a real window of opportunity. With affordability still relative, it was only a matter of time before confidence returned and competition started driving values higher.
The advice we’re giving our clients right now isn’t about predicting when prices will rise, it’s about making sure they’re positioned to take advantage of the market without overpaying or missing out.
For buyers, this means being crystal clear on your budget and having your experts lined up so you can act quickly when the right property comes along.
For sellers, the timing could not be better. Buyers are back, and with the right preparation, presentation and team on your side, you can achieve a premium result.
Melbourne is firmly back on the radar for both buyers and investors. The difference will come down to strategy and having a clear plan so you can approach the market with confidence and control.
