As property dynamics shift, many are asking: is now the right time to buy in Melbourne? While no timing is perfect, several key indicators suggest the answer may be yes, particularly for strategic buyers.

Interest Rates & Buyer Confidence

With the RBA’s recent rate cut to 3.85% and major banks forecasting further easing, borrowing conditions are improving, boosting affordability and buyer confidence. According to CoreLogic, inner Melbourne house prices rose 3.6% and unit prices jumped 5.9% in Q1 2025.

A Narrow Window for Buyers

Increased market optimism could lead to a flood of new buyers in the coming months. As sentiment shifts and more people act on improved borrowing conditions, competition will rise, and with it, prices. Acting now could mean securing a better deal before demand accelerates.

Infrastructure Equals Opportunity

Projects like the Metro Tunnel and the Suburban Rail Loop are reshaping suburb appeal by improving connectivity. These upgrades reduce commute times and drive long-term property value in emerging corridors.

Population Growth Driving Demand

Melbourne is projected to reach 6.4 million residents by 2035, largely from overseas migration. With vacancy rates at just 1.5%, pressure on supply remains high, supporting sustained capital growth.

A Market with Room to Move

Compared to Sydney and Brisbane, Melbourne’s growth has lagged slightly due to higher land taxes and fewer concessions. But this has created a value gap. With strong fundamentals, this may be the smartest time to act.

If you’re considering buying, this could be your most strategic window.