Australian housing prices have experienced their steepest drop since the global financial crisis, according to property analysts CoreLogic.
Frankston and Macedon Ranges have been revealed among Melbourne’s bulletproof regions for home sellers.
Properties across Melbourne bucked the cooling market trend to set new records for their suburbs this year.
A five-year property boom has left many Melbourne homeowners struggling to accept the market can go backwards.
Australian home prices fell sharply again last week, led by continued declines in Melbourne, Sydney and Perth.
Melbourne’s property market has no doubt been through a year of change.
Views of Sydney Harbour and a rooftop terrace do not come cheap on New Year’s Eve
Melbourne remains the No. 1 target for offshore property buyers in Australia, but actual investment has plummeted.
They might be labelled rivals but Sydney and Melbourne have much in common. Their economies especially are increasingly aligned.