Our goal at Finance Zone Australia is to provide access to a range of lending products from all financial institutions across Australia to our clients and be a one stop shop for all their lending requirements.
Property prices across the country continue to remain steady despite Victoria going back into stage four restrictions.
As a result, Melbourne has been the weakest market over the past month, with values falling -1.2%. However, prices are still 6.6% higher than they were this time last year.
Across all the capital cities, prices have weakened by -0.6% over the month. However, over the course of the year, values are still slightly higher – up 0.4%.
So far, the large price falls that we’ve been hearing about just aren’t happening, with most homeowners simply riding out the storm.