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Victoria’s second largest city has proven to be the top beneficiary of the flow of city dwellers to regional areas, driven by newly flexible working conditions brought about at the onset of the COVID-19 pandemic.
The brutal reality of life as a young renter has been revealed as an affordable housing advocate called 'callous' the suggestion that anyone earning even $50,000 a year should buy a home instead of renting.
Suburbs such as West Melbourne posted strong growth in the first quarter as buyers sought more affordable dwellings.
Owning a home is more affordable than many aspiring home buyers expected, with more than two in five recent home owners now paying less on their mortgage than they did on rent.
A young mother claims she's been rejected for a rental 280 times as she desperately searches for a new home in a market crucially short on rental properties.