Reflecting on the trends that defined Melbourne’s 2024 property market

Join Jarrod, Jordan and Brenton as they reflect on the trends that shaped Melbourne’s property market in 2024 – and how they will influence the year ahead:

• Investor activity dropped to its lowest levels in years—what drove this decline?

• Melbourne’s affordability stood out – why are interstate buyers increasingly taking notice?

• Low vacancy rates and rising rents tightened the rental market – how did this affect supply and demand?

• Interest rates stabilised after a year of sharp increases – what impact did this have on buyer and seller behaviour?

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