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Melbourne house prices

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5 Tregarron Avenue, Kew.

Kew vendor loses money on $5.78 million auction sale

A five-bedroom family home went to auction on Saturday and sold for less than it last did in 2022.

  • Shona Hendley

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Hayden Morris just bought his first home in Blackburn, and said the rate cut prompted him to purchase.

The Melbourne suburbs where house prices are falling fastest right now

House values have risen slightly since the Reserve Bank cut interest rates, but buyers still have the upper hand in some areas.

  • Jim Malo
The interest rate cut had motivated some buyers to act, Nemer said.

Latecomer swoops in to nab $1.69m architecturally designed Kingsville house

The buyer had already sold their West Footscray home, and wanted to find a larger home for their family of five. It was one of 1102 auctions on Saturday.

  • Abbir Dib
7-8 Mallaig Rise, Berwick VIC 3806

Our 10 favourite homes for sale in Victoria right now

Looking for your next home in Victoria? From a perfect Middle Park position to a Tuscan-inspired estate with the lot, we’ve got you covered.

  • Mary O'Brien and Larissa Dubecki
Buyer interest in high-end suburbs has jumped after a rate cut.

Melbourne’s hottest suburbs for home buyers have just changed fast

The recent interest rate cut is fuelling home-buyer confidence, and some neighbourhoods are fielding more demand than others.

  • Abbir Dib
The property market defied forecasts of 20 per cent price falls.

Where property prices rose most over the past five years

Around this time five years ago, economists were warning of 20 per cent house price falls. But the property market defied the gloom.

  • Elizabeth Redman
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6 Newstead Court, Doncaster East VIC 3109

Latecomer first home buyers spend $1.47m on Olympian’s home at marathon auction

After more than 30 minutes of fierce bidding, the late arrivals outbid two other first home buyers for the entertainer’s delight.

  • Abbir Dib
Auction clearance rates are high in the inner east.

Sought-after Melbourne suburbs where home sellers have the most success

Melbourne’s auction clearance rate has reached its highest level in a year and a half in light of the interest rate cut, and some areas stood out.

  • Alexandra Middleton and Elizabeth Redman
Biggin & Scott auctioneer Simon Dale began with a vendor bid.

Owner-occupier wins charming Windsor art deco for a ‘realistic’ $790,000

A woman managed to bid at auction and negotiate a deal afterwards without having to fend off competition from any other buyers.

  • Elizabeth Redman
This Deepdene house sold last year for $4.2 million.

‘A hidden secret’: Melbourne’s most overlooked prestige suburb

It’s not Toorak, but it’s more expensive than Brighton, Canterbury and Balwyn, and it’s rare that houses come up for sale.

  • Alexandra Middleton

Original URL: https://www.theage.com.au/topic/melbourne-house-prices-1mo3