Infolio Property Advisors’ Post

Is Melbourne at the bottom of the cycle? Melbourne has successfully cemented its position as one of the weakest property markets in Australia. At the end of September, Melbourne’s median dwelling value was $777,390, behind Sydney, Canberra, Brisbane, Adelaide, and Perth. So what is the good news? We believe Melbourne is now at the bottom of the cycle and about to start heading up, whereas the other states are at the top of their cycles. Now is a great time to buy in Melbourne.

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