Caravan Finance Australia

Australia's #1 Caravan Finance Resource

Caravan Finance Australia :: News

Share this news item!

Value Seekers Fuel Melbourne's Property Price Resurgence

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Melbourne's property market is experiencing a notable rebound in house prices, driven primarily by value-conscious buyers looking for more affordable options.

According to CoreLogic's latest house price report, Melbourne has emerged as the most affordable major capital city in Australia, with a median home price of $772,561 as of February 28, 2025.

This relative affordability follows a modest 8.2% increase in property values over the past five years, a stark contrast to the nationwide rise of 38.9%. Consequently, Melbourne’s house prices are more accessible when compared to other major capitals, marking the cheapest relative valuation since 2006, as per data mostly sourced from Domain's quarterly house price statistics.

Melbourne’s housing market attractiveness has intensified interest from interstate buyers, particularly those from Sydney seeking economical housing opportunities. Domain reports a significant migration of Sydneysiders relocating to Melbourne, drawn by the cost advantage. Currently, the median house price in Melbourne stands at $1,039,460 compared to Sydney's $1,645,444, with unit prices also notably lower at $577,405 versus $812,863 in Sydney.

Jacob Caine, President of the Real Estate Institute of Victoria, notes a growing trend of Sydney residents moving south, not just for economic reasons but also for Melbourne’s appealing amenities and lifestyle.

Emily Wallace, a buyers’ agent and founder of Wallace Advocates, emphasizes that Melbourne's affordability allows for purchasing quality properties within a convenient distance from the city center. She anticipates this trend will continue as more buyers recognize the potential for purchasing well-valued homes.

Reflecting this positive sentiment, CoreLogic's daily dwelling values index indicates that Melbourne has seen a strong resurgence in property prices. Over the past 28 days, dwelling values have increased by 0.6%, marking the highest growth rate since September 2023.

As affordability continues to draw attention, Melbourne's property market is increasingly becoming a magnet for value hunters eager to capitalise on its appealing economic and lifestyle propositions.

Published:Tuesday, 25th Mar 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Zone RV's Administration Signals Industry Challenges

19 Dec 2025: Paige Estritori

The Australian caravan industry has recently faced significant upheaval with the voluntary administration of Zone RV, a prominent luxury off-road caravan manufacturer based on Queensland's Sunshine Coast. This development has left approximately 250 employees and numerous customers in a state of uncertainty, particularly as the holiday season approaches. - read more

Caravan Parks Thrive with Rising Occupancy Rates

19 Dec 2025: Paige Estritori

Amidst economic uncertainties, the Australian caravan and camping sector has demonstrated remarkable resilience, with occupancy rates climbing across all accommodation types. In October 2025, cabin occupancy surged to 69% nationwide-a substantial four-point increase compared to October 2024. Powered sites saw a three-point rise to 52%, while unpowered sites reached 22% occupancy. - read more

Zone RV's Financial Woes: $40 Million Debt Revealed

11 Dec 2025: Paige Estritori

The recent collapse of luxury caravan manufacturer Zone RV has sent shockwaves through the Australian caravan industry. The company, based in Coolum on Queensland's Sunshine Coast, has been revealed to owe approximately $40 million to creditors, leaving both customers and employees facing significant uncertainty. - read more

Crusader Caravans and BIG4 Holiday Parks Join Forces

11 Dec 2025: Paige Estritori

In a strategic move to enhance the caravanning experience for Australians, Crusader Caravans has announced a partnership with BIG4 Holiday Parks. This collaboration aims to provide new caravan owners with a suite of exclusive benefits, enriching their travel adventures across the country. - read more

MONEYME and Snowy River Caravans Revolutionize Caravan Financing

11 Dec 2025: Paige Estritori

In a significant development for the Australian caravan industry, digital lender MONEYME has partnered with Snowy River Caravans to offer direct-to-consumer financing through their secured vehicle loan product, Autopay. This exclusive 12-month deal aims to streamline the purchasing process for caravan enthusiasts by providing instant financing options. - read more

Click for more Finance News

Caravan Loans Articles

Modern Caravan Features: What to Look for in the Latest Models

With the allure of the open road and the freedom it offers, caravanning in Australia has surged in popularity. Modern caravans have transcended being mere vehicles; they are now sophisticated travel companions that fuse comfort with convenience. The evolution of caravan features has been significant, making it essential to understand what today's models have to offer. - read more

The Essential Checklist for Choosing a Caravan That Suits Your Lifestyle

In recent years, the call of the open road has been answered by more and more Australians through the timeless tradition of caravanning. Sparked by the pursuit of freedom and the comfort of having a home on wheels, the caravan lifestyle has seen a resurgence in popularity. This phenomenon isn't just about being on holiday; it's about the independence and flexibility that comes with owning a caravan. - read more

A Comprehensive Guide to Caravan Loans and Finance in Australia

A caravan loan is a secured loan that uses the caravan as collateral. The loan is available for both new and used caravans and can be used for a variety of purposes including holidays, weekend getaways, and even permanent living. If you’re thinking of taking out a caravan loan, read on for a comprehensive guide to caravan loans and finance in Australia. - read more

Used vs. New Caravans: Breaking Down the Costs

The allure of exploration and the freedom to roam have always been at the heart of the human spirit. In recent years, this call to adventure has manifested in the rising popularity of caravans, with more individuals and families than ever before discovering the joys of a home on wheels. The sense of community among caravan owners and the accessibility of stunning locations that were once deemed unreachable are just a few reasons for this boom in caravan ownership. - read more

Mistakes to Avoid When Budgeting for a Caravan in Australia

Caravanning in Australia is not just a mode of travel, but a lifestyle choice embraced by many. The sense of freedom, adventure, and the possibility to explore the country's vast and varied landscapes have significantly contributed to its popularity. From retirees seeking to enjoy their golden years to young families looking to make cherished memories, caravanning has a wide appeal across the Australian demographic spectrum. - read more

Start Here

Get a free caravan finance eligibility assessment and compare options tailored specifically to your circumstances.

Knowledgebase

Loan Application Fees:
Fees that are charged to cover or partially cover the lender's internal costs of setting up a loan approval for a home buyer.

This website is owned and operated by Clark Family Pty Ltd (as Trustee for the Clark Family Trust) 43 Larch Street Tallebudgera QLD 4228, A.C.N. 010281008, authorised credit representative of Saccasan Pty Ltd, Australian Credit License 386297. Visit the ASIC website for additional licensing information.

IMPORTANT: We are neither authorised nor licensed to provide finance or financial products and we do not offer any form of credit or other financial advice. All product enquiries and requests for financial and/or other advice on this website are referred to third party intermediaries, insurers and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for vaidating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.