Record highs projected for Victorian housing prices | Archit

Record highs projected for Victorian housing prices | Architecture & Design


Jarrod Reedie
With the end of the COVID-19 pandemic projected to come soon, the Victorian housing market is expected to rebound as a result.
The market is projected to deliver 8-12 percent rise in capital growth over the next 12 months, due to a low availability of stock of quality assets in popular Victorian areas, according to the latest quarterly Risks & Opportunities Report from Riskwise Property Research.
Housing prices are likely to break record highs, with homes in greater Melbourne and the regional areas with access to the city enjoying strong demand, driven by ultra-low interest rates and very strong buyer sentiment.

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