#melbournehousing — Public Fediverse posts

Melbourne: A rare house price oasis in Australia’s overheated property market.

While most capitals are pricing out first home buyers, Melbourne is quietly becoming more accessible — thanks in large part to Victoria’s investor-targeted tax regime.

No praise, of course, is given to the state government for:
• The Vacant Residential Land Tax (discouraging empty homes)
• Higher land tax rates on investment properties
• The windfall gains tax on rezoned land

These measures have cooled investor demand and helped keep prices within reach of everyday buyers. Other states take note.

https://www.macrobusiness.com.au/2025/05/how-melbourne-transformed-into-a-house-price-oasis/

#melbourneproperty #housingaffordability #firsthomebuyer #victoriapolitics #propertyinvestors #realestateaus #melbournehousing #australianproperty #housingpolicy #landtax #macrobusiness #propertymarket