Melbourne Home Prices Ease: Why Now Could Be the Best Time to Buy

Melbourne’s property market has opened a rare window. The median house price is $1.083M about $10K below its 2021 peak. New land taxes and Airbnb levies have pushed many investors out, while first-home buyers now make up nearly 30% of new loans in Victoria. Strong supply about 55,000 new homes a year is keeping prices steady, but falling approvals mean that balance won’t last. Economists warn that if rates drop, demand will surge again. Buyers who act now can avoid the next round of price rises. At Prowealth Properties, we help clients move before competition returns finding value and negotiating smart in today’s calmer market. Will you wait for prices to rise again? Book your free consultation today and make this market work for you. #MelbournePropertyMarket #BuyersAgentMelbourne #MelbourneRealEstate #PropertyInvestmentAustralia #FirstHomeBuyerMelbourne #VictorianPropertyMarket #AustralianRealEstate #HomeBuyingTips #ProwealthProperties #explore #viral #explorepage #relatable #content