The Melbourne property market has changed dramatically since the 2022 peak. War in the Middle East, Federal Budget changes to CGT and negative gearing, rising interest rates, cautious buyers, longer days on market and tighter borrowing conditions have created a tougher environment for homeowners and property investors looking to sell.
Get ready for a splash-tastic addition to Melbourne’s attraction lineup – the city is set to welcome the most giant surf and water park in the Southern Hemisphere! The much-anticipated Surf ‘n’ Play Aquatic Park has been approved after a rigorous five-year planning and approval process. Set to enhance Melbourne’s
Acknowledgement of Country: Industry Insider respectfully acknowledges the Traditional Custodians of the land on which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
© 2026 Industry Insider
