Spring may be here but there are signs that Melbourne’s property market is missing some of the bounce usually seen in its step at this time of year. After a record-breaking autumn that turned into a decidedly lacklustre winter performance, there are plenty of questions about what’s in store for the rest of the year.
With that in mind, here’s a guide to the trends predicted to shape Melbourne’s spring market.
Supply
Traditionally, the spring market sees a surge in the number of properties listed for sale as buyer interest picks up after the winter lull and then peaks close to the Christmas holidays.