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House prices rise for the second month in a row as rents keep rising due to low vacancy rates

CoreLogic data shows Australian property prices have risen for the second consecutive month, suggesting a downturn in the housing market is coming to an end as interest rates stabilise. ....

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Melbourne's median house price hits record $1 million. Here's what you can buy for that

Melbourne s median house price hits record $1 million. Here s what you can buy for that
The median house price in Melbourne experienced its biggest rise since December 2009.
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The median house price in Melbourne has just has passed the $1 million mark for the first time, according to the latest data from the Real Estate Institute of Victoria (REIV).
Key points:
It was the biggest quarterly increase since December 2009
The median house price in regional Victoria passed $500,000 for the first time
REIV s quarterly report for March showed the median price for a house in metropolitan Melbourne jumped by 8.8 per cent, to $1,004,500. ....

Bacchus Marsh , Western Australia , Leah Calnan , Cassandra Huett , Real Estate Institute Of Victoria , Victorian Chamber , Real Estate Institute , Lerderderg State , Melbourne House Prices , Elbourne Property For Sale , Real Estate , பேச்சஸ் சதுப்பு நிலம் , மேற்கு ஆஸ்திரேலியா , ரியல் எஸ்டேட் நிறுவனம் ஆஃப் விக்டோரியா , விக்டோரியன் அறை , ரியல் எஸ்டேட் நிறுவனம் , லெர்தேர்தேர்க் நிலை ,