Welcome to RPM Real Estate Group’s newest quarterly report – our Q3 Greenfield Market Report.

With the evolution to protracted work-from-home arrangements altering buyer demand broadly, a new record of gross lot sales was recorded across Q3, with Melbourne’s median lot price now also hitting a new high.

The market continues to defy expectations amid another period of lockdown and decline in total state population due to lower overseas and interstate migration levels, and as we emerge from rigid restrictions, the coming months will likely set the scene for the medium to long term performance of the sector.

We hope you enjoy our new report format.