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Melbourne house prices hit previous highs

It was another strong performance for property prices in Melbourne as home values surged in February. With interest rates continuing to fall, there could be more upside ahead according to the experts.

Melbourne house prices hit previous highs

Melbourne property owners continue to lick their lips as the recent surge in prices has continued over the month of February.

According to the latest data from CoreLogic, Melbourne dwelling values jumped 1.2% in February, taking the gains over the last three months to 3.9%. Melbourne property prices are now officially back at their peak, after retaking their previous highs set in 2017.

The surge in prices has been reflective of strong competiti…