In August, Melbourne’s property market saw little change, continuing the trend of the past six months. Although Melbourne has recorded a decline of 1.0% across the 12 months to date, it is worth noting that the annual fall has been confined to the upper quartile of the market, where values have dropped 2.6%, and days on market are in excess

The Melbourne property landscape in July exhibited minimal changes, largely mirroring trends observed in recent months. Our nation’s capitals saw varying results across the month, with Melbourne’s overall dwelling value recording a minor decrease. Year-on-year, however, the figures still reflect modest growth. The Domain Forecast Report Financial Year 2025 predicts that Melbourne house prices will remain relatively stable over FY25,

The Melbourne market delivered results that differed from most Australian capital cities across June and the second quarter of 2024.   While our nation saw an increase in dwelling values of 0.7% across the month, Melbourne saw a marginal decrease in house and unit prices, down 0.2% and 0.3%, respectively. It also recorded a decline in its overall dwelling price of