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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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. Melbourne housing values peaked in February this year, shortly after Sydney, but this followed a 17.3% gain in values since the pandemic. Property values are down 3.4%,…
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 are…
There is no shortage of idyllic streets, extravagant properties, and exclusive postcodes in Victoria’s capital. 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 record price increases as in other states, but sky-high demand, low-interest rates, tight supply, and government incentives…
Prices in Melbourne’s property market went backwards in May after the Reserve Bank of Australia raised the cash rate for the first time since November 2010. But median property prices are still high versus household income across most of the city’s suburbs. And that’s thanks to historically low-interest rates, government incentives, pandemic-induced interstate migration and…
When you’re raising a family, your needs evolve and what you want out of a home is quite different from the things you held dear previously. Living in an area with a local coffee shop where the barista knows your name might still rank towards the top of your list. But other property features, such…
Whether you’re a property buyer or investor, when you’re looking for a new property there are so many things to consider. Sure, the location, amenities, and transport are important factors that affect a property’s value. But, did you know that state school zoning can also have a huge impact on local property prices? That’s because…
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…
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…
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…
