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flag A Melbourne historic pub conversion sold for $1M, reflecting strong demand and ongoing housing affordability challenges.

flag A converted historic pub in Melbourne’s inner city, listed at $1 million, has drawn strong interest from first-time homebuyers, reflecting ongoing demand in a highly desirable neighborhood. flag Located near transport, schools, and amenities, the two-bedroom unit blends heritage features with modern updates, appealing to buyers seeking walkable urban living. flag Despite high prices and rising mortgage rates, competition remains fierce, highlighting persistent housing affordability challenges in Australia’s major cities. flag The sale underscores broader trends of repurposing older commercial buildings to address limited housing supply, though many buyers face financial strain.

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