Imagine a Melbourne the size of New York City.
Yes, really.That’s the trajectory we’re on.
By 2050, Melbourne’s population is projected to swell to 9 million people, making it not just Australia’s biggest city by population, but potentially one of the most dynamic urban economies in the world.
This isn't some abstract urban planning fantasy—it’s based on official projections and a strategic blueprint - Plan Melbourne - backed by trends in migration, births, and economic transformation.
So what does this mean for our housing market—and for savvy investors?
In today’s podcast, Brett Warren and I discuss the changing landscape of Melbourne's property market, driven by significant population growth and urban planning initiatives.
We explore the implications of these changes for property investors, emphasizing the importance of understanding infrastructure developments, the concept of 20-minute neighborhoods, and the need for medium density housing.
Takeaways
- Melbourne's population is projected to reach 9 million by 2050.
- Infrastructure development is crucial for property growth.
- 20-minute neighbourhoods will enhance livability and property values.
- Investors should focus on areas with strong fundamentals.
- Medium density housing is essential for accommodating growth.
- Understanding local council regulations is key for development.
- Investors should seek properties with owner-occupier appeal.
- Long-term investment strategies are vital for success.
- Now is a prime time for property investment in Melbourne.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us.
Michael Yardney – Subscribe to my Property Update newsletter here
Brett Warren - National Director of Property at Metropole
Get a bundle of eBooks and Reports at www.PodcastBonus.com.au
Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.
Subscribe & don’t miss a single episode of Michael Yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to Michael Yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.