13th April 2012: How have Melbourne property prices changed?

Melbourne Property TV, Season 3

Tim Fletcher appeared on the MPTV Property Panel this week to discuss how Melbourne property prices have changed over the past fifty years.

With over forty years in the industry, Tim is one of the most respected and prominent members of his profession.

Unsurprisingly, he was the most experienced person on the panel and is well-placed to talk about changes in real estate over such a long period of time.

It certainly is amazing to see how much prices have changed – Tim tells the panel about a home in 1962 which he sold for $13,400 (converted from pounds) which would now be worth $1.2 million for the land alone!

Watch the segment here!