Good sign for the Melbourne office market.
'Alpine Shire — which encompasses Bright, Myrtleford and Mount Beauty — recorded the largest drop in asking rent for a house in regional Victoria during that time.It was one of just three regional Victorian local government areas where rents declined.It was a welcome reprieve for residents after the Alpine region experienced a crippling housing crisis during the pandemic.Myrtleford Real Estate and Livestock business development manager Paula Miotto said many office workers who moved from Melbourne during the peak of the pandemic were having to return to the office, leaving more houses available.'
https://www.abc.net.au/news/2024-07-04/alpine-rental-affordability-domain-tenants-landlords-regional/104056428
Ann: FY24 Portfolio valuations, page-7
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Mkt cap ! $773.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 100 | $1.29 |
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| $1.30 | 7156 | 1 |
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