As pandemic conditions continue to ease around the globe, the welcome return to normality has ushered in a more measured and mature housing market for 2022.

Post-lockdown, a perfect storm of low interest rates, pent-up demand and limited stock caused prices to surge across Melbourne at a rate not seen in decades. While price growth has eased to a steadier rhythm in recent months, buyers are increasingly drawn to quality accommodation with a focus on liveability.