Brisbane Times
·australia
·3 hours ago
The Melbourne neighbourhoods where home buyers can find the biggest discounts
Melbourne's high-end suburbs are seeing significant home price discounts, with Manningham East reporting an average drop of 10.5 percent below listing prices. Domain's report indicates that negotiating power has shifted to buyers as overall discounts reach a nine-month high. Experts warn that rising interest rates and impending tax reforms contribute to market uncertainty, prompting some buyers to delay purchases.
Summary by OZbrief · Brisbane Times
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