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Victoria residential property

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The shortage of tradies is expected to continue.

Doing a home reno has been gruelling. This year that’s set to change

It will still be a challenge to find tradespeople, and material prices are not about to fall, but there are hopeful signs on the horizon.

  • Jim Malo

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Monica Lee and grandchildren (from left) Milla, 17, Harper, 15, and Tiger, 13 – pictured with dogs Billie and Maizie – at Lee’s Mount Martha home.

The once-booming Victorian coastal hotspot that’s now $172,000 cheaper

Property prices are weaker than they were a few years ago, but it’s not worrying locals who are keen to get on with their lives.

  • Jim Malo
Buyers with a Melbourne budget can get a lot more bang for their buck if they look to regional Victoria.

Bang for buck: Top Victorian tree-change houses on a Melbourne budget

Take the capital city’s median house price of just over $1 million into regional Victoria, and your money can buy a lot more.

  • Shona Hendley
Home values are under pressure.

Surprising amount you could afford to spend on a house

For anyone watching homes in their area sell for millions, the budget considered achievable for an average household would be a big surprise.

  • Elizabeth Redman and Kristy Johnson
Cash purchases are high in Paynesville.

The sea- and tree-change towns where home buyers are paying in cash

At least half the home purchases don’t have a mortgage attached. There’s no clear demographic explanation, but there is a reason.

  • Jim Malo
House prices in towns such as Barwon Heads have had a double-digit price drop.

The Victorian coastal towns where house prices plunged 20 per cent

Beach houses in many popular spots have recorded double-digit price drops over the past couple of years, and buyers have their pick.

  • Kate Halfpenny
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Alexander Selway opted to buy property in Ocean Grove because it was more affordable than other beach towns.

Beach on a budget: Victorian coastal towns where homes cost under $1m

While the typical house in Sorrento costs more than $2 million, plenty of other coastal destinations offer beach lifestyle on a budget.

  • Alexandra Middleton
Experts are tipping 2025 to be a buyer’s market as they are expected to have more to choose from.

‘Six months behind’: What property prices will do in 2025

The real estate market should lean in buyers’ favour as experts tip there will be more homes to choose from - but will it last?

  • Tawar Razaghi
A view of a pool in the backyard

Where houses with swimming pools are selling for under $1.5m

With summer temperatures rising, there’s no better way to cool off than a backyard pool – without completely breaking the bank.

  • Shona Hendley
The property market weakened in 2024.

How the property market slipped into a downturn in 2024

The Australian property market sometimes appears to defy gravity, but 2024 was a year when gravity caught up.

  • Elizabeth Redman

Original URL: https://www.brisbanetimes.com.au/topic/victoria-residential-property-hw2