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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Australia’s property market has grown at an unprecedented rate over the past 2 years as economic stimulus and low mortgage rates have driven demand for property sky high, pushing property prices out of reach in many suburbs across the country. And as Covid-19 lockdowns continued and the work-from-home trend became more permanent, many people flocked to…
During the recent property boom Melbourne’s housing values did not grow as strongly as other capitals, but remember…we were locked down in a Covid Cocoon for 260 days. But then, in the second half of 2021 property values increased in almost every part of Melbourne – and that’s very unusual. So far this year the…
Since the onset of the Covid-19 pandemic, demand for housing across the country has swelled to new highs, and Victoria’s capital isn’t immune. So far this year the Melbourne housing market has languished with little overall growth in the first quarter of the year, however, there are still plenty of transactions occurring. In fact, Melbourne dwelling values…
Considering an investment into the Melbourne property market but don’t know where to start? Then you’re probably wondering where are the best locations to invest in Melbourne property in 2022? Well…unlike some of Australia’s other major cities, Melbourne’s house values were severely impacted by the state’s extended Coronavirus lockdown in 2020 and 21, so they still…
Australia has become increasingly well-known for its specialty coffee culture, and nowhere is the love for coffee stronger than in Melbourne. Our southern city has become home to some of the best-tasting brews, creating a coffee culture both serious and unique, and home to some of the country’s most accomplished roasters and baristas. So whether you are…
Whether they have incredible views or are close to the CBD, the beach, or both, Melbourne has some of the most desirable streets around and attracts some of the country’s wealthiest people. Even despite enduring one of the world’s longest Covid-19 lockdowns, Melbourne’s property market stood firm throughout 2021. The city might not have seen the same…
In the final week of January, the ABS released the latest inflation figures for Australia over the December 2021 quarter. Inflation measures the change in the price of a basket of goods over time and is a good measure of how supply and demand pressures are playing out in the economy. It has been one…
CoreLogic’s national measure of housing values rose by 1.1% in January, up 10 basis points from the December result, when the national index was up 1.0%. Five of the eight capital cities recorded a modest uptick in the monthly rate of growth, including Melbourne, which had posted a slight decline in values in the previous…
Melbourne house and unit price growth gained momentum over the December quarter as buyer and seller activity rebounded post lockdown. Domain’s latest house price report showed that… Melbourne House and unit prices are at new record highs. House prices reached a new record high at $1.1 million, after the strongest annual gain since 2010, at…
There’s a new sway of million-dollar suburbs in Melbourne suburbs where the median house price has cracked one million dollars according to the REIV. While Melbourne housing values suffered because of its extended lockdown which severely impacted market activity in 2020 since late October the Melbourne property market has rebounded strongly despite its intermittent Covid…
