Victoria's Property Oversupply: Melbourne's Surplus Sparks Market Slump

New data this week reveals the key to a slump in Victoria: Believe it or not there has been too much new property built in Melbourne.

New data this week reveals the key to a slump in Victoria: Believe it or not there has been too much new property built in Melbourne. Moreover, there are now more sellers than buyers across the state: How long can it last? 

In today's show, we cover 

* Why prices and rents will keep rising ?
* The state that overbuilt 
* Shared house - the ultimate investment property 
* Where can I get a 40-year mortgage? 

Eliza Owen, economist at CoreLogic joins wealth editor James Kirby in this episode 

New data this week reveals the key to a slump in Victoria: Believe it or not there has been too much new property built in Melbourne. Moreover, there are now more sellers than buyers across the state: How long can it last? 
In today's show, we cover 
* Why prices and rents will keep rising ? * The state that overbuilt  * Shared house - the ultimate investment property  * Where can I get a 40-year mortgage? 
Eliza Owen, economist at CoreLogic joins wealth editor James Kirby in this episode

The Australian’s Money Puzzle covers all the important finance and property topics.

The Money Puzzle covers all the important property, business, money and finance news. 

With two episodes published every week, The Australian’s Wealth Editor James Kirby, along with business, property and finance experts share insights and information that you will use on your wealth building journey.

Submit your questions on all things property, business and finance here - themoneypuzzle@theaustralian.com.au

The Money Puzzle covers all the important property, business, money and finance news. 
With two episodes published every week, The Australian’s Wealth Editor James Kirby, along with business, property and finance experts share insights and information that you will use on your wealth building journey.
Submit your questions on all things property, business and finance here - <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>

The Australian’s Money Puzzle covers all important finance and property topics.

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