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Is Now The Time To Enter The Melbourne Property Market?

Scouting Australia Podcast

NOTE

Timing the Market Requires Patience

Market conditions indicate a potential bottoming out, with an increasing population and international migration contributing to a favorable environment. However, despite these positive signals, the market has not yet begun its upward trend. Caution is warranted as listings are on the rise, and many may be exiting the market, suggesting it might still decline before starting to recover. Investors should consider whether they prefer immediate gains or the risk of waiting for a more certain rebound. It's crucial to recognize that opportunities may exist in more promising markets before committing resources to areas that are still stabilizing.

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