Friday, February 7, 2025
17.2 C
Canberra

The Sydney and Melbourne property bargain hotspots

New data shows Australians could be snapping up the best property bargains in years. Big price falls are possible due to weaker demand and more listings. ”It depends on factors like price, but it’s certainly happening in some areas,” 9News Finance Editor Effie Zahos said. Last weekend was the fifth busiest week for auctions so far this year, according to Corelogic. However, lower clearance rates suggest we are heading towards a buyer’s market.

Property bargain hotspots in Sydney and Melbourne

How are markets across the country? (9th) “CoreLogic sees Sydney as one of the markets that could be favourable for buyers,” Zahos added. Melbourne and Hobart also fall into this category. So which suburbs in Greater Sydney and Melbourne could be more affordable? We collated the following CoreLogic data.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

How passports and a deal with China have put New Zealand at odds with its former colony Cook Islands

Winston Peters has made it clear he's unhappy Cook...

Investigation launched into human egg trafficking ring targeting Thai women

Three Thai women have been repatriated after allegedly being...

Live updates: Donald Trump likens Gaza redevelopment proposal to ‘real estate transaction’

US President Donald Trump has likened his proposal to...

Surviving Al-Fayed brother becomes third to be accused of sexual abuse

Shoppers enter and leave the Harrods store in London....

Greenland ruling party wants vote on independence from Denmark

Greenland was a Danish colony until 1953, but now...

Topics

spot_img

Related Articles