Metro Melbourne surpasses $1m mark for the first time
By Bianca Dabu
16 April 2021
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While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, recording price hikes across the state in the first quarter of 2021.
The Real Estate Institute of Victoria has flagged “one of the largest quarterly increases” in the state over the March 2021 quarter.
According to REIV data, house prices in Metropolitan Melbourne have soared 8.8 per cent to a median of $1,004,500 – the highest quarterly increase in 12 years and the first time that the area has surpassed the $1 million mark.
Collingwood housing plan off the table after Yarra stoush
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Collingwood housing plan off the table after Yarra stoush
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Aid For Struggling Aussie Tourism Sector Is ‘Days Away’ : Treasurer
Treasurer Josh Frydenberg has said the federal government will be announcing a new plan to support the tourism and travel industry in the coming days.
Frydenberg, who arrived in Cairns on March. 7 for a listening tour in the region, said the government was in the process of figuring out a plan to keep supporting the hardest-hit industry after the government JobKeeper package ends on March. 28.
“We’re still finalising those details, but it’s a matter of days,” said Frydenberg. “What I’ve heard from some businesses that I’ve met is that some are doing well and others are finding it a bit more challenging … so it’s about targeting that support but also providing opportunities for those who are doing OK to even take on more workers.”
Flesh-eating Buruli ulcer cases discovered in inner Melbourne suburbs
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updated
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The ulcer is usually associated with coastal areas of Victoria.
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Cases of the flesh-eating Buruli ulcer have been discovered in the Melbourne suburbs of Essendon, Moonee Ponds and Brunswick West, Victoria s Department of Health has said the first time a non-coastal area has been identified as a potential area of risk.
Key points:
The Department of Health said a genetic analysis suggested there was a common link to the Melbourne cases
The risk of catching it in the new areas is low , the department said