How Baby Boomers Affect the Melbourne Property Market

There are numerous instances where the reserve prices of top end Melbourne real estate are tending towards $1 million due to the impact of aspirational Baby Boomer buyers who are shopping for an ideal and luxurious living environment. Baby Boomers are not just buying properties for the sake of it; they are looking for the convenient living spaces that they have always aspired for and now they are able to afford.

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