Melbourne price surge likely to last
Fresh data shows Melbourne’s rising house prices aren’t necessarily just a result of pent up demand from lockdown, with the upwards trend likely to continue throughout 2021.In October, we reported to
Detached houses in Melbourne's suburbs are set for big gains in value in 2021. Photo: Shutterstock (Image source: Shutterstock.com)
Fresh data shows Melbourne’s rising house prices aren’t necessarily just a result of pent up demand from lockdown, with the upwards trend likely to continue throughout 2021.
In October, we reported to our clients that Melbourne house prices had bottomed out, capital growth was likely to resume, and it was a good time to buy.
Since then, prices have shot up. Any way you look at the above graph, prices are up. December results are particularly …
