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
Mojo ♻️
npub1m5…jnnzx
2025-05-01 12:03:28 UTC
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wss://relay.momostr.pinkPublished at
2025-05-01 12:03:28 UTCEvent JSON
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"content": "Melbourne: A rare house price oasis in Australia’s overheated property market.\n\nWhile 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.\n\nNo praise, of course, is given to the state government for:\n\t•\tThe Vacant Residential Land Tax (discouraging empty homes)\n\t•\tHigher land tax rates on investment properties\n\t•\tThe windfall gains tax on rezoned land\n\nThese measures have cooled investor demand and helped keep prices within reach of everyday buyers. Other states take note.\n\nhttps://www.macrobusiness.com.au/2025/05/how-melbourne-transformed-into-a-house-price-oasis/\n\n#melbourneproperty #housingaffordability #firsthomebuyer #victoriapolitics #propertyinvestors #realestateaus #melbournehousing #australianproperty #housingpolicy #landtax #macrobusiness #propertymarket",
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