MARKET NEWS

01-Feb-2016

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Author: Market Update

Following the excitement of the holiday season and the start of another school year, property is back firmly on the agenda of many would-be buyers.

The 2016 real estate market has started strongly across Melbourne, with continued low interest rates, population growth and the solidly performing Victorian economy underpinning the local housing market. According to Lucas Director, Chris Henson, “buyer activity is on the rise.”

“We have seen a visible increase in interest in the inner city Melbourne apartment market over the past few weeks. Lucas have sold 10 properties in the last week, with several other properties under offer.”

With many fantastic opportunities becoming available over the next few weeks, make sure you register your requirements with our team to ensure you are the first to inspect your dream home!