Australian Property Researcher
Request Information
  • Home
  • Best Suburbs to InvestHOT
    • All
    • Brisbane
    • Capital Growth
    • Cashflow
    • Melbourne
    • Sydney
    • Top Growth Suburbs 2018
    • Up and Coming
    Australia Capital Hotspot

    Australian Capital City Hotspots Revealed

    victorian suburbs

    The Victorian Suburbs Set to Explode

    Property Investment in Sydney Review: Best Suburbs to Invest Sydney 2019

    Property Investment in Sydney Review: Best Suburbs to Invest Sydney 2019

    Best Suburbs to Invest in Brisbane 2019

    Best Suburbs to Invest in Brisbane 2019

    Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

    Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

  • Property Investment
    • All
    • 2018
    • 2019
    • Brisbane
    • Buying Guide
    • Capital Growth
    • Cashflow
    • Melbourne
    • NSW
    • Queensland
    • Rental Yield
    • Sydney
    • Tasmania
    • Victoria
    victorian suburbs

    The Victorian Suburbs Set to Explode

    Sydney and Melbourne Recovery

    Early Signs of Sydney and Melbourne Recovery

    New Queensland Dual Occupancy Trend

    Two Birds With One Brick: Queensland Dual Occupancy Trend

    Have You Broken This Unwritten Real Estate Investing Rule

    Have You Broken This Unwritten Real Estate Investing Rule

    RBA introduces it's latest interest rate cut

    What Does the Latest Interest Rate Cut Mean for Property Investors

  • How To Invest
    • All
    • Beginner's Tips
    Investment Property Depreciation Secrets

    Investment Property Depreciation Secrets

    property cycle Australia

    Understanding the Property Cycle

    finance broker calculations

    Use a Finance Broker Or Go It Solo?

    Choosing a Home Loan: The Big 5

    Choosing a Home Loan: The Big 5

    Property Investment for Beginners: Mistakes To Avoid

    Property Investment for Beginners: Mistakes To Avoid

  • Real Estate
No Result
View All Result
  • Home
  • Best Suburbs to InvestHOT
    • All
    • Brisbane
    • Capital Growth
    • Cashflow
    • Melbourne
    • Sydney
    • Top Growth Suburbs 2018
    • Up and Coming
    Australia Capital Hotspot

    Australian Capital City Hotspots Revealed

    victorian suburbs

    The Victorian Suburbs Set to Explode

    Property Investment in Sydney Review: Best Suburbs to Invest Sydney 2019

    Property Investment in Sydney Review: Best Suburbs to Invest Sydney 2019

    Best Suburbs to Invest in Brisbane 2019

    Best Suburbs to Invest in Brisbane 2019

    Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

    Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

  • Property Investment
    • All
    • 2018
    • 2019
    • Brisbane
    • Buying Guide
    • Capital Growth
    • Cashflow
    • Melbourne
    • NSW
    • Queensland
    • Rental Yield
    • Sydney
    • Tasmania
    • Victoria
    victorian suburbs

    The Victorian Suburbs Set to Explode

    Sydney and Melbourne Recovery

    Early Signs of Sydney and Melbourne Recovery

    New Queensland Dual Occupancy Trend

    Two Birds With One Brick: Queensland Dual Occupancy Trend

    Have You Broken This Unwritten Real Estate Investing Rule

    Have You Broken This Unwritten Real Estate Investing Rule

    RBA introduces it's latest interest rate cut

    What Does the Latest Interest Rate Cut Mean for Property Investors

  • How To Invest
    • All
    • Beginner's Tips
    Investment Property Depreciation Secrets

    Investment Property Depreciation Secrets

    property cycle Australia

    Understanding the Property Cycle

    finance broker calculations

    Use a Finance Broker Or Go It Solo?

    Choosing a Home Loan: The Big 5

    Choosing a Home Loan: The Big 5

    Property Investment for Beginners: Mistakes To Avoid

    Property Investment for Beginners: Mistakes To Avoid

  • Real Estate
No Result
View All Result
Australian Property Researcher
No Result
View All Result
Home Property Investment Melbourne

Melbourne property market in review

As 2019 approaches we check in to review the year

Tim York by Tim York
December 31, 2018
in 2019, Best Suburbs to Invest, Media, Melbourne, Property Investment, Real Estate
0
MELBOURNE, VIC

We currently see Melbourne's dials on the property clock pointing to a declining market and will continue to keenly follow the progress through 2019.

215
VIEWS
Share on FacebookShare on Twitter

As 2019 quickly approaches we check in to review the year that was in Melbourne.

Once again coming in second fiddle to big brother Sydney but this time for the right reasons, the Melbourne property market has reported an overall annual loss of 5.8 percent for 2018 with mixed results across the suburbs.

Property valuation and advisory firm Herron Todd White, have released their analysis of the latest annual data which we’ve taken a look at so you can easily digest Melbourne’s year at a glance.

Development Hotspots a Clear Winner

On the winning end of a year showing some definite losses in Melbourne have been a number of Bayside and inner-city suburbs including Chelsea and Carrum on the Bay and Bentleigh and Wheelers Hill among others benefiting as momentary “hotspots” as a number of small development projects gained steam from 2017.

The report showed a lot of these suburbs becoming popular with developers and investors looking to build townhouses or subdivide larger blocks.

A proximity to the beach, shops and public transport, as well as comparatively affordable large blocks prime for development has been a large factor in the success of the suburbs combined with an increasing population looking for affordable options.

 

MELBOURNE
Melbourne 2018 I SOURCE: lensaloft

Inner Melbourne Apartments Take a Hit

A concern over apartment saturation has been shown to have resulted in a cooling of prices in the inner suburbs.

A number of developments ceased commencement to combat the volatility of the market given the tighter lending conditions and an overall reduction in investors in the market through the year.

We currently see Melbourne’s dials on the property clock pointing to a declining market and will continue to keenly follow the progress through 2019.

Outer Suburbs Weather The Storm

Vacant land was the big winner in the outer suburbs, alongside homes built on good sized blocks, starting strong in January and either holding or gaining value in most outer northern suburbs according to the report. Multiple suburbs continuously released more land and housing packages to keep up with the demand including Mickleham in the Outer North seeing a Median growth of $20,000 however Wollert with $60,000 higher Median came to down a similar amount to $600,000. The amount of land releases for 2018 has been shown by the report to very high with a vast number selling out long before completion”

We currently see Melbourne’s dials on the property clock pointing to a declining market and will continue to keenly follow the progress through 2019.

Tim York

Tim York

Tim is Australian Property Researcher's Head Journalist. He brings numerous years of writing experience within a number of industries and roles offering a diverse world-view and ability to breakdown complex information. Tim puts to paper decades of first-hand knowledge provided by his colleagues in APR Headquarters, surrounded by cutting edge analysts and industry specialists with the united goal of bringing wealth and success to the masses.

Related Posts

Will The First Home Buyers Scheme Effect Property Prices?
Media

Will The First Home Buyers Scheme Effect Property Prices?

November 13, 2019
Australia Capital Hotspot
Best Suburbs to Invest

Australian Capital City Hotspots Revealed

November 11, 2019
Industry 4.0
Media

Industry 4.0: The New Age of Property Development

November 5, 2019
Next Post
Property Downturn Natural Correction To Inflated Peak, Highest Historical Low

Property Downturn Natural Correction To Inflated Peak, Highest Historical Low

Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

Investor Confidence Restored: Brisbane Housing Market Supported By Rental Increases

Investment Property, Beginner Investor, Tips for Property

Proven Investment Property Advice In Just 3 Minutes

Follow Us

  • 3.6k Fans
  • 3 Subscribers

Recommended

Ripley

Ripley Australia’s Largest Masterplanned Community Drawing Attention : UPDATED August 2019

1 year ago
victorian suburbs

The Victorian Suburbs Set to Explode

1 month ago
Rising National Property Prices in July Restoring Market Confidence

Rising National Property Prices in July Restoring Market Confidence

4 months ago
Melbourne Property Market Investment

Melbourne Revealed Any Hidden Gems?

1 year ago

Instagram

  • Unit 54 139 Commercial Rd  Teneriffe sold 14 12 2018 for undisclosed price   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 97 53 Vernon Terrace  Teneriffe sold 13 12 2018 for  430 000   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 416 448 Boundary Street  Spring Hill sold 05 12 2018 for  277 000   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 5006 5 Parkland Blvd  Brisbane City sold 04 12 2018 for  1 505 000   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 2013 179 Alfred Street  Fortitude Valley sold 04 12 2018 for undisclosed price   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 15 Vernon Terrace  Teneriffe sold 03 12 2018 for  1 385 000   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 10113 321 Montague Road  West End sold 03 12 2018 for undisclosed price   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 401 18 Merivale Street  South Brisbane sold 03 12 2018 for undisclosed price   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia
  • 602 7 Manning street  South Brisbane sold 01 12 2018 for  700 000   What   s your property worth  Check www brisbanepropertyvalue com au  propertyvalue  homeworth  realestate  brisbane  realestateagent  property  forsale  sold  propertyvaluereport  queensland  seq  realestatequeensland  propertyforsale  CMA  realestateaustralia  whatsyourpropertyworth  qld  homes  homevalue  valuation  weloveproperty  brisbanepropertyvalue  free  freereport  sellingrealestate  australia

Categories

  • 2018
  • 2019
  • Beginner's Tips
  • Best Suburbs to Invest
  • Brisbane
  • Brisbane
  • Buying Guide
  • Capital Growth
  • Capital Growth
  • Cashflow
  • Cashflow
  • How To Invest
  • Media
  • Melbourne
  • Melbourne
  • NSW
  • Property Investment
  • Queensland
  • Real Estate
  • Rental Yield
  • Sydney
  • Sydney
  • Tasmania
  • Top Growth Suburbs 2018
  • Top Growth Suburbs 2019
  • Up and Coming
  • Victoria

Topics

2019 Areas to buy australian property markets Best suburb to invest Brisbane Brisbane City Transport Brisbane Growth Brisbane Metro Brisbane Network Brisbane Property Brisbane Property Market Brisbane Upgrade Brisbane upgrades capital grow city Cross River Rail Greater Springfield Hobart Property Hobart Tasmania how to invest Inflated Market Invest in Property investment Investment Advice Investor Advice Investors Market Stories Melbourne Property Market Projected growth property Property Downturn Property investment Property Market QLD Property Market Real Estate SEQ South East QLD South East Queensland Springfield springfield lakes Sydney Property Market Tasmania Tasmania Growth Tasmania Property Yarrabilba

Australian Property Researcher




With two decades experience in property, our expert journalists bring you the latest news, trends and analysis on all things Australian Property.





Recent News

  • Investment Property Depreciation Secrets November 19, 2019
  • Will The First Home Buyers Scheme Effect Property Prices? November 13, 2019
  • Australian Capital City Hotspots Revealed November 11, 2019
  • Industry 4.0: The New Age of Property Development November 5, 2019
  • The Victorian Suburbs Set to Explode November 3, 2019

Categories

  • Best Suburbs to Invest (19)
    • Brisbane (11)
    • Capital Growth (7)
    • Cashflow (1)
    • Melbourne (6)
    • Sydney (4)
    • Top Growth Suburbs 2018 (2)
    • Up and Coming (7)
  • How To Invest (6)
    • Beginner's Tips (5)
  • Media (19)
  • Property Investment (32)
    • 2018 (7)
    • 2019 (23)
    • Brisbane (10)
    • Buying Guide (8)
    • Capital Growth (11)
    • Cashflow (2)
    • Melbourne (6)
    • NSW (2)
    • Queensland (10)
    • Rental Yield (1)
    • Sydney (5)
    • Tasmania (1)
    • Victoria (2)
  • Real Estate (27)
  • Top Growth Suburbs 2019 (2)

The information contained on this site is general in nature and does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. The services described on this website are only available in Australia from Australian Property Researcher, the latest news and property updates from Australian Property Research – A Division of Moneta Group Pty Ltd ABN 48 613 613 424 ACN 613 613 424 and Licence No: 4269410.

© 2019 Australian Property Researcher

No Result
View All Result
  • Home
  • Cashflow
  • Media
  • Best Suburbs to Invest
  • How To Invest
  • Real Estate
  • Buying Guide
  • Property Investment
  • Capital Growth
  • Top Growth Suburbs 2018

© 2019 Australian Property Researcher - The Leader in Australian Property News