The number of buyers in the market for holiday homes declined significantly in 2024. Increased land tax and high interest rates were the primary drivers of this market slowdown. However, properties are still changing hands on the Mornington Peninsula—just in a different way than usual. Significant...
Dreaming of a beachside abode that's yours all year round? A quick getaway to a beachside rental is heavenly. Imagine if you could own your getaway and use it all year round. Maybe this dream is within reach, and you didn't even realise… While many Melbournians escape...
How to break into the Mornington Peninsula property market. Mornington Peninsula has it all, from world-class beaches and wineries to national parks, cafes and good schools, all a comfortable commute from Melbourne. It’s no wonder it continues to be a highly sought-after destination for holidaymakers, sea-changers...
Should I buy in Melbourne now or wait for later in the year? This is a question we are getting asked now more than ever. There are several forces at play in the Melbourne housing market that are key to identifying opportunities in the market. What is...
During 2021 Melbourne’s housing market achieved over 13% growth, however, there are markets within markets and some suburbs recorded significantly higher growth. This is despite a significant loss in population to regional and interstate areas and the temporary end to international migration. Melbourne’s property market...
While demand on Mornington Peninsula property has always been strong, Covid-19 has unleashed a wave of growth in the area. People have had time to adjust to different working conditions and assess priorities and life and family are coming out on top. Add historically low...
Why is it so hard to purchase on the Peninsula? If you’re reading this, you may have already fallen for the Mornington Peninsula and are looking to buy or invest in the area. You’re not alone. It’s hard to find quality Peninsula property because supply doesn’t meet...