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Your Buyers Advocate News

Melbourne Property Market Snapshot March 2010

The second half of 2009 saw the Melbourne property market surge forward on average by 10%. Consumer sentiment changed dramatically as people realized that the global financial crisis wasn't going to impact Australia as it had other large western economies. Confidence was restored with the resulting effect on property prices.

Early indications for 2010 are that the strong demand will continue for inner city quality property. The auctions I have attended so far have been hotly contested also, open for inspections are attracting many prospective buyers. 2010 is shaping up as a year that we will again see healthy price growth.

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Related Pages:

• Market Snapshot June 2003
  
• Market Snapshot March 2004
  
• Market Snapshot July 2004
  
• Market Snapshot February 2005
  
• Market Snapshot August 2005
  
• Market Snapshot February 2006
  
• Market Snapshot February 2007
  
• Market Snapshot - November 2007
  
• Market Snapshot - May 2008
  
• Market Snapshot - Oct 2008
  
• Market Snapshot - April 2009
  
• Melbourne Property Market Snapshot October 2009