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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Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market this year? Well… based on how the market has been performing so far it’s likely that will see double-digit Melbourne house price growth in 2021, with most segments exhibiting strong price appreciation other…
The Melbourne housing market continues to heat up, with the Victorian capital smashing a number of new records in March as sentiment and demand intensify. The market for both houses and units also continues to show strong momentum in line with the uptick in pace seen all around the country. Auction clearance rates above 70%…
Unlike some of Australia’s other major cities, Melbourne’s house values were severely impacted by the state’s extended Coronavirus lockdown in 2020. But while the state’s property market suffered a dip, since late October, the Melbourne market has rebounded strongly. And there is still plenty of growth and opportunity left. In fact, I think the city…
Melbourne dwelling values have surpassed their earlier April 2020 peak by 0.2%, according to CoreLogic’s daily hedonic home value index. It had only been a matter of time before the recent strong capital gains in housing values-led Australia’s second-largest city to move to new record highs. Reflecting what we saw in Sydney earlier this month,…
There is no shortage of idyllic streets, extravagant properties and exclusive postcodes in Victoria’s capital. Melbourne property prices suffered because of its extended lockdowns, which severely impacted market activity, but Melbourne’s property market has been soaring lately. Although median property prices don’t come close to those over in Sydney’s most elite postcodes, the Melbourne property…
New rental laws which set minimum standards for rental properties in Victoria are coming into effect next month, after being delayed due to the pandemic. The new reforms are certain to shake up Victoria’s rental market, creating so-called challenges for landlords and tenants alike. What are Victoria’s new rental laws and when do they start?…
Whether you’re a property buyer or investor, when you’re looking for a new property there are so many things to consider. Sure location, amenities and transport are important factors which affect a property value. But, did you know that state school zoning can have a huge impact on local property prices? Being located in a popular…
The projected end of the COVID-19 pandemic boost sentiment in Victoria that is projected to deliver 8 -12 per cent capital growth in 2021. The most important developments since our August report have been VIC’s outstanding success in almost eliminating COVID-19 and consequently the significant unwinding of restrictions across VIC and the reopening of the…
The Melbourne property market has suffered more than any other market from Covid -19. Having endured a prolonged lockdown, many are wondering what’s ahead for Melbourne real estate. Well property expert Pete Wargent recently reassured those interested in Melbourne suggesting now is a great time for for prospective homebuyers in Melbourne to prepare to buy….
Melbourne businesses are twice as optimistic as they were a month ago when it comes to what they think the Victorian and Federal Government economies will look like in 12 months. According to the September Sensis Business Index, 35% of Melbourne businesses believe the Victorian economy will be better in a year compared with 17%…
