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Melbourne housing affordability: Most undersupplied markets revealed, calls to reform on ‘investor-bashing’ policies

Press coverage 24 November 2023 Summary of published coverage
Melbourne housing affordability: Most undersupplied markets revealed, calls to reform on ‘investor-bashing’ policies

Research by buyer’s agency InvestorKit identified Melbourne’s most undersupplied housing and rental postcodes, with Heathmont, Mulgrave, Mooroolbark and Rosanna heading the list and almost half sitting in the city’s east. Founder Arjun Paliwal blamed Victoria’s tax settings for deterring investors and cited PIPA survey results ranking Melbourne second last among capitals. Local agents reported renters absorbing weekly increases of about $100.

Reported by

Emily Hogate, News.com.au, 24 November 2023

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