Sydney and Melbourne house prices will continue to fall further this financial year, before plateauing and then recovering over the following two years. While there will continue to be price declines in the near term, KPMG expects prices to bottom out in Australia’s two major cities in calendar 2019. The market will then start to see price growth again in Melbourne during 2020 and Sydney in 2021.
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Best sold property on Housie last week : $ 1,420,000
This sought-after gem has a spread of formal and informal reception rooms with 4 bedrooms and a wonderful use of light and space. There is an almost reverent adherence to quality workmanship throughout, it is built to last.
Then place this statuesque home, with its main entrance to established, comfortable, leafy and peaceful Vernon Street Glen Iris, well-serviced by all manner of shopping strips, including Ashburton Village, trains, freeways, parks and schools – you have got the recipe for family happiness.
Everybody gets their own space in this marvellous home. The master bedroom is large and has its own balcony and robe spaces. There are 3 further bedrooms or 2 plus a study. Downstairs, there is a private den/library which has a balcony outlook over the mature trees, a generous formal lounge and separate dining room with open fire places and additional views out to the established gardens, and an expansive, renovated kitchen with breakfast bench and styling fit out with a new Miele dishwasher. There are two family bathrooms, ready to improve in the future.