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 is Manhattanising – we’re trading backyards for balconies. If you were a visitor from overseas coming back after a decade you just wouldn’t recognise the skyline. Similarly if you live in inner or middle Melbourne you would have observed the changing landscape – houses with large front yards being replaced by units, townhouses and…
![Melbourne Housing Market Update [video] | August 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/melbourne-270x200.jpg "Melbourne Housing Market Update | April 2019 [video]")
Melbourne dwelling values have shown a slight rise over the past two months, up 0.2% in June and 0.3% higher in July. CoreLogic has released their newest housing market update for August 2019. The subtle rise in values comes after an 11.1% decline between the market peak and what seems to be the trough…
There’s little doubt that Australia is currently experiencing rapid rates of population growth, but much of the focus has been on immigration. However populations grow in two main ways — through net migration and natural increase ie the difference between births and deaths. In recent years the number of births in Australia has exceeded 300,000 per…
The rivalry between Melbourne and Sydney has a long history. Everything from the weather to the football is keenly debated. But one thing remains a fact – Sydney is Australia’s largest city, with a 2018 population of 5.23 million. But has it always been this way, and what of the future? Read on the find…
Melbourne’s property markets have been in the slump phase of the property cycle since late 2017. But our markets have been very fragmented with some suburbs falling in value considerably more than others. However the good news is that there are signs of the market bottoming out. Auction clearance rates have been picking up as…
The Melbourne property market has been one of the strongest and most consistent performers over the last few decades. However, after peaking in November 2017 the market is now taking a breather. But the Melbourne real estate market is not crashing as some property pessimists predict – it is experiencing a soft landing. There are…
![Melbourne Housing Market Update [video] | March 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/03/melbourne1-270x200.jpg "Melbourne Housing Market Update [video] | March 2019")
The Melbourne housing market recorded a 1% fall in values over the month, taking the annual decline to -9.1% and total decline since the market peaked to -9.6%. CoreLogic has released their newest housing market update for March 2019. Values are generally trending lower across all of Melbourne’s sub-regions, however detached houses are showing weaker conditions relative…
With the Melbourne housing market continuing to cool, upgraders are in a position to exploit opportunities and grab themselves good properties for the long term. There were a number of property markets that were suffering weakness and would provide potential opportunities for buyers looking for their forever home. Houses in popular areas such as Melbourne’s…
Melbourne is becoming “an economically polarised city, a place of haves and have nots, driven by our geographical size”as the gap in income growth between the inner suburbs and the fast-growing fringe widens according to new research from the Committee for Melbourne. And this will only worsen as the population grows from its current 5…
![Melbourne Housing Market Update [video] | October 2018](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/10/melbourne-270x200.jpg "Commercial property depreciation: uncover the tax benefits")
Melbourne`s housing downturn has gathered some pace over recent months, with dwelling values tracking 2.4% lower over the September quarter; that`s the largest decline over the quarter for any capital city and Melbourne`s largest fall over any three month period since January 2012. CoreLogic has released their newest housing market update for October 2018. The…
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