Blog How Long Do Victorians Stay in Their Homes?
How Long Do Victorians Stay in Their Homes?
In Victoria, homeowners are holding onto their properties longer than ever before. According to recent CoreLogic data, the average tenure for house owners in Melbourne is around 12.5 years (realestate.com.au). This is a significant increase compared to previous decades when the typical tenure was closer to 7–8 years.
In Victoria, homeowners are holding onto their properties longer than ever before. According to recent CoreLogic data, the average tenure for house owners in Melbourne is around 12.5 years (realestate.com.au). This is a significant increase compared to previous decades when the typical tenure was closer to 7–8 years.