Melbourne luxury units outpace houses
Despite luxury property outperforming in most capital city markets, Melbourne’s high-end housing market only managed to keep pace with median-price houses over the past decade. According to Ray White, Melbourne’s luxury house prices sat at $2.5 million in 2023, 70.7 per cent higher than a decade earlier in 2014, while the median house price was […]
Why your home costs you a lot more than you think
It’s been said many times over the years that your home is not a very good investment. Despite the fact that property prices grow at circa 7% per year, buying a home to live in might not actually be the best use of your money. The reason for that all comes down to what you’re […]