Melbourne Property Market – Land Prices Likely to Remain Flat for a While
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Melbourne Growth Area Land Market: December 2019 Quarter It’s been quite while since we last reported on the state of the market. Our last report was on the September 2018, where we suggested that the slowing volumes were pointing at a price correction. At the end of September 2018, the average lot price in Melbourne’s growth area land market was at $320,500 and the volume of sales were continuing to drop off from the previous quarter at just under 3600 lots, or 1200 lots per month. Data... Continue Reading