Melbourne’s median house price has risen for the first time in 18 months, reflecting growing sentiment that the market downturn is over.
News
Property price rebound on the cards as auction clearance rate figures improve
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24 July 2019
Improving auction clearance rates in Melbourne suggest house prices will rebound over the next 12 months but leading economist Shane Oliver says any upswing in prices could remain fairly constrained.
Proportion of Aussie renters up to around one-third
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18 July 2019
The proportion of Aussie households that are renting has risen to nearly one-third in 2017-18.
Brisbane looks set to lead Australia's house price rises for the next three years
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16 July 2019
A lot of Melbournians start thinking about the warmer air in Brisbane this time of year and investors might also want to start thinking about property there.
The worst of the property downturn could be over
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12 July 2019
The property downturn worst could be over as the Melbourne and Sydney property markets look to have stabilised.
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