Melbourne spotlight - how to tell when the market will turn
Melbourne house prices are falling in response to the COVID-19 crisis. Nobody knows with certainty how steep the falls will be, or how long the downturn will last, but the below analysis can help you pick the point at which broad-based growth will return to the market.
Melbourne's prestige suburbs rebounded to growth first following the city's last market correction. Photo: Shutterstock (Image source: Shutterstock.com)
Melbourne house prices are falling in response to the COVID-19 crisis.
Nobody knows with certainty how steep the falls will be, or how long the downturn will last, but the below analysis can help you pick the point at which broad-based growth will return to the market.
Melbourne is made up of over 400 suburbs. We segment them in a myriad of ways: by demographics, by proximity to CBD, by presence of top schools, hospitals, transport options;…
