In Depth. Why Melbourne's property market is lagging behind other capital cities. [APS048]
Автор: Alex@AUSPropertyStrategy
Загружено: 27 июл. 2024 г.
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[Australian Real Estate] Melbourne Housing Prices Ranked Third from the Bottom Among Australia's Eight Cities! Sydney, Brisbane, and Perth are All Rising, So Why Aren't Melbourne's Prices Going Up? Is It Still Worth Buying Properties in Melbourne? When Will the Prices Start to Rise? Melbourne Housing Prices Hit Rock Bottom. In-depth Analysis of Rebound Expectations
Recently, on our channel and media platforms, the most frequently asked questions have been: 'Why aren't Melbourne's housing prices going up?', 'Will Melbourne's housing prices start rising in the second half of the year?', 'Is it still worth buying a property in Melbourne now?' 'Should I sell my Melbourne property at a loss to invest in Brisbane or Perth instead?' Melbourne's housing prices have dropped to the fourth lowest in Australia. Even Brisbane, with only half the population of Melbourne, is more expensive. If the current trend continues, by October this year, the average house prices in Perth, with a population of about 3 million, and Adelaide, with a population of 1.5 million, will also surpass Melbourne. Melbourne's housing prices will then rank third from the bottom among Australia's eight cities.
As Australia's second-largest city, Melbourne is a vibrant metropolis that has consistently ranked among the world's most livable cities. It boasts a rich cultural scene, top schools, and a diverse population. So why aren't the housing prices going up? Who is suitable to buy a property in Melbourne, and who should avoid it? When will the Melbourne housing market finally see a comeback?
00:00 Why Melbourne's property market is lagging
01:16 Melbourne Housing Market Now
02:53 Supply V.S. Demand
04:10 Demand - Population Growth
05:42 Demand - Wealth Growth
06:55 Demand - Loan Amount/Interest Rates
07:39 Demand - Policies/Subsidies
08:36 Supply - Second-Hand Homes
09:02 Supply - New Building Approvals
09:31 Supply - Loan Amount/Interest Rates
10:17 Supply - Policies/Taxes
12:02 How to Observe the Market
12:19 Clearance Rate
13:01 Interest Rates
13:50 Policies
15:18 Luxury Property Market
16:23 Buying A Property in Melbourne Now?
18:07 The "Melbourne Property Bottom" Theory
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