Melbourne defies price growth trend for luxury property

www.greenstreetnews.com

Despite setting a new Australian record with a $150 million sale recently, luxury residential prices...

[{"selector":"#anim-5260b8e0-b36c-470e-a82e-60c8a2f22188 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-65205f8f-6528-440c-ac17-09c59ebb6b61","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

While buyers of the luxury real estate are less reliant on financing, the RBA’s decision to reduce rates...

[{"selector":"#anim-fcf9440b-d6ab-4113-8812-3315b4be7b65 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3f89484d-292e-4ab6-9fe1-f9e8c56e1412","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

However, we expect a moderation of price growth in Australian luxury property markets...

[{"selector":"#anim-30ee164e-bf67-4f9c-9ca0-6dc94bc93b38 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-affb5d66-79f1-4606-ae8b-7d9522f513b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

The Coonac sale also set a new Australian record, ahead of billionaire Altassian co-founder...

[{"selector":"#anim-bcc799ce-ccc9-47ed-837b-678917900bf5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2321253a-ab73-4f79-a9b5-6c30f5272056","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

Meanwhile globally, prime residential prices remained upward in 2024 with a 3.6% growth rate...

[{"selector":"#anim-04eba6a6-b115-44de-b28d-c06f91fc45d1 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1222e6cb-7956-4892-b16a-77ee3d3ecc9c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

Asian and Middle Eastern markets dominate the first six spots in the ranking with Seoul at 18.4%...

[{"selector":"#anim-d55955bd-b678-4837-ac81-f5f522c91085 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b47d4c02-3a1d-4933-9aa4-4e716e52cdef","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

Australia’s prestige property has increasingly become more competitive on an international scale...

[{"selector":"#anim-77f987f9-0dfc-4809-8019-9a0fc53f9b00 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-263fc456-94dd-4404-93ee-069f8a1561f0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

However, analysis by McGrath Research shows that for a buyer using US dollars to purchase...

[{"selector":"#anim-0bc5adc0-40b7-4281-b11a-4cc512a31b15 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9f22f9c3-eda9-49a8-a8fa-f17ca3f4454b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

In Australia, 31% of family offices surveyed reported that they would increase their portfolio allocation...

[{"selector":"#anim-d74dbd39-7f6f-46de-b8b8-5415f2ac7a54 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b3f06132-d043-4f17-919c-e7424887fb3e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

Industrial (42%), data centres (21%), and infrastructure (18%) are the top three real estate...

[{"selector":"#anim-06942ae1-31df-45f4-a26a-2bd47dce235d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 2.8895052970429346e-7%) scale(0.9523809523809523)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f26eaead-11a2-4c77-8acc-fa43858d5a11","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read Full Article

Previous Stories...

[{"selector":"#anim-096c59a7-4225-4d2d-bf1f-36c67de4b81a","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-44cd5e30-f268-407f-afc3-6e74532f659f","keyframes":{"transform":["translate3d(-244.29531%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cee93b4-42bc-40d0-b913-515e3064414e","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b5f619f3-547e-4f3a-88ec-ced55251ceed","keyframes":{"transform":["translate3d(-134.93151%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67697805-dec5-46ab-839a-8418b31aea67","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-32879375-90d4-41db-a5a4-45de92726530","keyframes":{"transform":["translate3d(-134.0136%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7678f349-8bdb-4b4f-ab2a-9def4b430035","keyframes":{"opacity":[0,1]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c6c0397-bafe-4136-b535-a35400c7fa9b","keyframes":{"transform":["translate3d(-250.69442%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] www.greenstreetnews.com