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Melbourne’s property market tipped to be worst performer of all Aussie cities in 2025

Press coverage 18 December 2024 Summary of published coverage
Melbourne’s property market tipped to be worst performer of all Aussie cities in 2025

PropTrack projected Melbourne would lag every other capital in 2025, with values ranging from a 1 per cent fall to a 2 per cent gain after a 1.6 per cent decline in 2024. Cameron Kusher linked the weakness to listings at their highest since 2012 and to investor tax increases. PIPA chair Nicola McDougall said taxes, rental reforms and a soft construction sector weighed on the city, though investors remained optimistic.

Reported by

Sarah Petty, realestate.com.au, 18 December 2024

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