Melbourne Residential Outlook Report 2024

7 Q Q How do you foresee the value of development sites evolving in the next 12 months? How do you feel about the current state of the market? Will lower drastically 6.98% Will lower slightly 37.21% Stay the same 32.56% Will increase slightly 18.60% Will increase significantly 4.65% Highly concerned 27.91% Sightly Concerned 39.53% Balanced 18.60% Slightly Confident 11.63% Bullish 2.33% 7% 37% 32% 19% 5% 28% 39% 19% 12% 2% Foresee Feel Q Given recent builder insolvencies, how do you envision the next 12 months unfolding? 28.57% 54.76% 16.67% Increased insolvencies 28.57% Similar to current rate of insolvencies 54.76% Reduction in insolvencies 16.67%