Realty Talk - Victorian growth drivers paint a different picture

Victoria has suffered the lowest growth rates across the country since the onset of covid, with median prices declining 4.4% in Melbourne and 7.6% in the regions since the peak in early 2022, according to the latest Core Logic figures. Jacob Caine, head of the real Estate Institute of Victoria paints a different picture of the market there and says “The fundamentals and long term growth drivers for property remain very strong in the Garden State”.   Hear Jacob’s detailed update on the Victorian market as he joins Bushy Martin for this extended catchup. Subscribe for free to Realty Talk on the Property Hub channel, join our community and get more insights here: https://linktr.ee/propertyhubau Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, Andrew Montesi from Apiro Marketing and Apiro Media, and Australia’s largest independent podcast network DM Media.See omnystudio.com/listener for privacy information.