Victoria has suffered the lowest real estate growth rates across the country since
the onset of covid.
Median prices have declined 4.4% in Melbourne and
7.6% in the State’s regions since the peak of early 2022, according to the latest
Core Logic figures.
Real Estate Institute of Victoria’s Jacob Caine says the
fundamentals and long term growth drivers for property remained
‘very strong in the Garden State’.
We talk with Mr Caine about the drivers for the Victorian market.
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