The Australian resdiential property market continues to boom with Melbourne dominating house price performances.
News

Here is an interesting article with two buyers agents regarding their opinion's on Market trends and hotspot's to buy:

It will be interesting to see how this will effect the Victorian market. Should give quite a boost to the lower/middle end of the market I would think:

There has been quite a bit of conjecture among economists recently over whether or not Australia is in a housing bubble. The argument has been fuelled by the latest Demographia International Housing Affordability Survey,which indicates that out of the 82 major metropolitan cities measured, all with populations over one million, Sydney, Melbourne, Adelaide and Perth all measured among the top 15 least affordable.

The latest data has shown that the housing market across the country has risen ever so slightly over the December quarter:
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