The median asking price in Melbourne is $169,900, less than the median three months ago which was $114,950 .
Want a cheaply priced house? Then at $169,900 this month, Melbourne, Ontario do not consider price wise.
If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Melbourne has fewer than average compared to the rest of the province
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.
Can we guarantee how well Melbourne is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
If you are looking at investment properties in Melbourne, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.