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Property Investment Melbourne

 

Every Australian capital city has its ups and downs when it comes to property investment.
But before you launch into investing in Melbourne it’s worth doing your research and seeking expert advice.
That’s why we’ve developed these articles, for a more local perspective on what you’ve read about investment so far.

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Melbourne vendors in the driver’s seat as properties sell the fastest of any capital city

Over recent months the average number of days it takes to sell a residential property has been falling, reflecting the overall improvement in housing market conditions. The average days on market figure provides valuable insight into the performance of the housing market.   The figure measures the average difference between the date at which a…

Residex Property Market Update : February 2017

In the first Update for 2017, we present the latest repeat sales growth figures, rents and sales volumes.  In addition, we also examine the housing market performance across each capital city over the December quarter. Residex repeat sales index shows an acceleration in housing market performance across most capital cities over the second half of 2016….

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A slow start for Melbourne’s auction market

The Melbourne weekend auction season re-commenced for 2017 on Saturday after a five weekend holiday break and produced mixed results for the small number sellers testing the early season market.  Although auction numbers were predictably low for a late January holiday-impacted weekend, the 45 homes listed were nonetheless significantly down on the 100 listings recorded…

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When gentrification lacks empathy: a case study

The Melbourne suburb of Richmond is prime inner-city real estate, but the community is paying a price for redevelopment that jars with the existing neighbourhood, writes… Tod Jones, Curtin University  When we parachute into a city, whether for work or leisure, we are more sensitive to contrasts between the familiar places we leave behind and…

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Have you wondered why Melbourne’s property market has outperformed?

Have you wondered why Melbourne’s property market has outperformed? Well…I’m about to explain, and I’ll also tell you why it will continue to do so. One of the fundamental drivers of our property markets is Australia’s strong population growth. And recently the ABS released the latest Australian Demographic Statistics which showed that Melbourne’s population grew…

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Melbourne Housing Market Update [Video] – December 2016

Melbourne has finished November with the the lowest rental yielding market for houses, averaging 2.8%.  The soft performance across the combined capital city reading was attributable to a 1.5% fall in the Melbourne index, while all other capital cities recorded a positive month-on-month result. Delving into the Melbourne property market results in more detail showed that…

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Melbourne more appealing than ever

In his column in Switzer, John McGrath discusses the appealing side of Melbourne’s housing market.  Here’s what he had to say: Melbourne and Sydney have long been the engine rooms of Australia’s property market, with Sydney traditionally leading the way.  But the southern capital is looking more appealing than ever before due to its superior value for money…

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