No matter what the housing market can not do, there are also good districts.
In 2018, Melbourne`s housing market ranked in the top 10 of the zone, has been fresh out.
As a whole, most home buyers prefer urban areas and suburbs close to them.
Apartment buyers prefer downtown housing.
By the end of October 2018, Melbourne`s central business district had the highest turnover, with a total of 1340 apartments and 34 villas sold.
Pakenham, in the southeast and Point Cook in the west also did well, selling 1,158, 000 homes, respectively.
Craigieburn (954) with more immigrants in the southeast, Werribee (908) in the construction area in the west, followed by Frankston (894) in the seaside, ranking 4,5,6.
(top 10 regions)
Dr Nicola Powell, an expert at the Domain Group, said the volume of transactions in these areas was outstanding and could not be separated from infrastructure and population growth.
Of course, high trading volumes such as Reservoir and Frankston are inseparable from the size of the land.
"the performance of some districts is among the highest in Australia," Powell said.
Investing in Melbourne`s economic development district is still a wise choice.
"there is a lot of room for appreciation on the outside of the city, and real estate companies love these areas, too."
Ryan Pagan, director of Pagan Real Estate, found: "despite the outstanding performance in urban areas, there was still a slowdown in transactions in the second half of the year, including, St Kilda."
Of the apartments for sale, 2 bedrooms, 2 baths, parking spaces and beautiful views are the most popular.
In small units, with natural light, windows and two bedrooms are the most popular.
When banks raise the threshold for loans and small and medium-sized investors are squeezed out of the market, apartments and flats are still the most popular among home buyers, which are more suitable for people who work in CBD or plan to stay short in Melbourne.
"in 2018, the overall volume of transactions in apartments and units was not very good and it was difficult to improve in 2019," Pagan said. I can`t count on capital growth so that more people can afford to buy a house. "
Tain Bartholomew, the director of Pakenham,Harcourts, said it would take agents longer to sell a home in 2018, and prices in the area fell by about 8% to 12%.
"Pakenham`s house is still very affordable. four hundred thousand Australian dollars can buy a villa with three bedrooms and two bathrooms."
"most buyers are first-time buyers and first-time investors, and some are buying second homes," Bartholomew said.
As the 2019 election approaches, the Royal Financial Services Commission is due to submit its final report early next year, and it is unclear what will happen to the Morburn housing market in 2019.
Overseas buyers should value the opportunities of 2019, after all, the number of immigrants is still rising, house prices will not be depressed for long.
