Falling house prices and drop in Victorian rental numbers could mark rise of owner-occupiers

Buyers looking to move in could benefit from 6.5% drop in market since March 2022 as state claims largest share of first home buyer finance

Owner-occupier buyers in Victoria could benefit from an investor sell-off that has been gathering momentum alongside falling house prices, an expert says.

Data from Victoria’s Department of Families, Fairness and Housing revealed the number of rentals fell by almost 25,000 – or 3.6% – across the state over a year.

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