Statistics

Urbis affirms Melbourne's affinity with the middle ring

As far back as 2015, there was a discernible shift in buyer sentiment throughout Melbourne's apartment market. Articles over the course of 2015 here , here and here from a variety of industry voices, combined with Urban Melbourne's accumulation of Project Database information confirmed that an increasing number of Melbourne apartment buyers favoured middle ring suburbs over the traditional CBD, Docklands and Southbank trio. Industry consultancy...

Is Melbourne's apartment boom concentrated in the inner city?

The correct answer to that question is: it's complicated. On one hand if you look solely at the number of dwellings in developments, they are very much concentrated in the City of Melbourne + Fishermans Bend Renewal Area and the traditional high-density areas of inner Melbourne: Cities of Yarra, Stonnington and Port Phillip. On the other hand if you are looking at the number of individual projects, regardless of the number of dwellings contained...