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Latest Melbourne Property Rebound News

Momentum builds in Melbourne as optimism abounds

Melbourne feels like a very different place to what it was just a few months ago – prices have jumped dramatically since the market opened up in October, they’re already higher than they were pre-COVID, and they’re predicted to rise further through next year.

Melbourne townhouses and villas
Melbourne has shown remarkable resilience in its quick rebound from COVID lockdown. Photo: Shutterstock

Melbourne feels like a very different place to what it was just a few months ago – in all sorts of ways.

Not long ago, some analysts were predicting 30 per cent falls in house prices. Would you believe that prices have jumped dramatically since the market opened up in October, they’re already higher than they were pre-COVID, and they’re predicted to rise further through next year?! The market is genuinely running hot right now.

The fundamentals…