Original Article Published 2.08.2025, David Bonaddio, Herald Sun
Melbourne has emerged as the busiest housing market in Australia, with new data revealing that the city’s CBD topped national sales volumes over the past 12 months. More than 2200 properties changed hands in the heart of the city, equating to one sale every four hours (PropTrack July 2025).
At OpenCorp, we see this as more than just a trend. It’s a signal.
Investor Exodus or Opportunity Surge?
Many long-time investors have exited Melbourne amid increasing holding costs, particularly land tax hikes and rising compliance obligations. But as some move on, others are moving in. Interstate buyers and savvy investors are now recognising what we’ve been highlighting for years: Melbourne’s fundamentals remain strong.
In fact, according to PropTrack data, eight of Australia’s top ten selling suburbs are in Melbourne, including fast-growing areas like Tarneit, Point Cook, Craigieburn, and Pakenham. These growth corridors are proving to be magnets for first-home buyers, families, and investors alike especially those priced out of other capital cities.
“It’s Not About Postcodes. It’s About Perspective.”
OpenCorp CEO Cam McLellan has a clear message for investors:
“Yes, the Victorian Government has made it tougher. But smart investors don’t chase perfect conditions, they adapt. Melbourne’s population is booming, rental demand is skyrocketing, and supply is tight. That’s the trifecta for capital growth.”
While some Victorian buyers remain hesitant, interstate investors are acting decisively, capitalising on Melbourne’s price correction and long-term potential. Cam puts it plainly: “Locals see a market that’s already risen. Interstaters see one that’s still undervalued.”
The headlines might be mixed, but the numbers tell a clear story. Melbourne is not just holding its own – it’s leading the charge in national sales. And for investors who know where to look and how to act, now is the time to position for the next wave of growth.
Thinking about your next move? Book your Strategy Session with OpenCorp today.