Investors now driving the Melbourne market
Melbourne’s price growth in 2021 has largely been driven by owner-occupiers, but as we round into the second half of the year, investors are poised to take over.
Investors have been well outnumbered by owner-occupiers in Melbourne this year, but that's set to change. Photo: Shutterstock
Melbourne’s price growth in 2021 has largely been driven by owner-occupiers, but as we round into the second half of the year, investors are poised to take over.
This time last year we contacted some long standing clients – key metrics we track pointed to the market bottoming out, meaning that it was a great time to buy.
But, we certainly didn’t predict the remarkable price rises we’ve seen since. Nobody did.
In just the last 9 months, the med…
