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.
Latest posts
Wondering what will happen to the Melbourne property market for the rest of this year and into 2022? Are you wondering what will happen to the Melbourne property market over the balance of 2021 and into 2022? Well… based on how the market has been performing during lockdown and how strongly it’s growing now that…
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…
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. The latest Corelogic stats show that Melbourne house values grew 5.5% over the last quarter and…
In years gone by, property investors would bypass apartments instead preferring to invest in a house on a big block of land. But with the cost of houses soaring at a time of a demographic shift with more one and two person households, more of us are trading backyards for courtyards and balconies, and investors…
In late March the ABS released the 2020 regional population estimates (ERP). This data shows some signs of the impact of the COVID-19 pandemic on population trends at a more local level. In this blog I look at Victoria, a state that has recorded substantial growth in recent years. Was this trend sustained in 2019-2020?…
Whether you’re a renter or rental provider (the “official” new name for a landlord), there are a new set rental rules that you should understand. In fact there are over 130 changes to the legislation – too many to outline here, but I’ll try and provide a summary for you. The new rental laws are…
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%…
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?…
