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.
Most individual capital cities recorded a rise, however, a 3.1% gain in Melbourne was a significant driver for the strong monthly result across the combined capitals. Melbourne appears to be benefitting from consistently high population growth which is creating strong demand for housing, as well as consistently high jobs growth and more affordable housing options…
Newly released Census data highlights the rapid densification of Melbourne’s CBD where the number of residents per square kilometre has more than doubled over the past decade. The 2016 Census has revealed the most densely populated SA2 region in Australia is now Melbourne, with the 2.4 square kilometre region home to 37,754 residents, equating to 15,754 residents…
The quarterly trend in the Melbourne property market has been resilient, with growth easing from 4.2% over the March quarter to 1.5% over the three months ending June. Melbourne’s annual growth rate is now the highest of any capital city, surpassing Sydney’s annual rate of growth despite easing from 15.9% three months ago, to 13.7% over the twelve…
The third in the traditional trifecta of population growth posts concerns the rate of new dwelling supply. At the end of 2016 there were nearly 217,000 dwellings under construction in Australia, including some ~152,6000 attached dwellings, leading to intensified interest in how the housing market might cope with the deluge. The property market downturns in…
Melbourne dwelling values pushed a further 0.7% higher of the three months ending May 2017 with a 1.2 percent rise in house failures, offsetting a 3.9 percent fall in unit values. The latest data shows Melbourne unit values have recorded the first year on year 4 since 2013. Since dwelling values started trending higher five years…
It seems to me that now we have the Federal Budget out of the way the Melbourne property market is continuing its climb. But how long will it last? While there were not a lot of positives in the budget for investors, it certainly could’ve been much worse. And that’s the point…. After weeks of…
According to the CoreLogic results, dwelling values increased by 0.1% across the combined capital cities in April, with housing market conditions slowing in both Sydney and Melbourne. The result for the Melbourne property market was also lower than previous months of 2017, with dwelling values up 0.5% over the month. Melbourne values increased slightly more…
With Sydney’s property prices continuing to rise to ever more unaffordable levels, residents are turning to Melbourne for more affordable alternatives. While both capitals have enjoyed a major boom in house prices, the average home in Melbourne is generally cheaper than in Sydney (sometimes by up to 40% for new apartments). Indeed, many Sydneysiders now…
There’s a lot of speculation about the future of out property market – but what can investors is Sydney and Melbourne really expect? This week watch Michael explain and discuss what we can expect in the Melbourne & Sydney property markets. This week’s questions: With 1/3 of borrowers having little to no buffer, and the interest…
In Melbourne, house values were 17.2% higher over the past twelve months compared with a 5.2% increase across the unit sector. Melbourne’s property market has continued to produce high levels of capital gains for investors. Dwelling values have surged by 15.9% over the past twelve months, mostly during by the strong conditions in detached housing…
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