9:26 PMPropertymarkets News
Local Developers Deploy $1.5bn as Confidence Builds in Melbourne’s Next Growth Cycle
Summary
Local developers deployed more than $1.5 billion into Melbourne development sites during the first half of 2026, signalling renewed confidence in the market.
The decisive shift is the return of substantial local capital to development sites after a
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The spending points to a potential Melbourne development upswing, with land prices and future housing supply likely to come under pressure.