admin-ajax.php

Property Investment Melbourne

 

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.

melbourne city park happy peace victoria garden
0

Look how many more dwellings we’re going to need to build in Victoria

The recently revised Plan Melbourne forecasts the population of Melbourne is projected to grow from 4.5 million to almost 8 million, with Victoria’s total population set to top 10 million by 2051. Of course this will create some interesting social and infrastructure challenges.  For example, the city’s transport network will need to cater for around…

melbourne
0

Half-decade low for Melbourne vacancies?

Vacancies trending down Interesting statistics from the Real Estate Institute of Victoria (REIV), which suggest that record population growth in Melbourne is absorbing the new supply of apartments. In fact, the 6-month average trend for vacancy rates is sitting at its lowest level across the chart which spans half a decade. This mirror a similar…

melbourne
0

Melbourne Housing Market Update [Video] – February 2017

Melbourne has finished the January with the the lowest rental yielding market for houses, averaging 2.7%.  The largest month-on-month gains were recorded in Hobart (+1.4%), Sydney (+1.0%) and Melbourne (+0.8%). On a quarterly basis, the CoreLogic January index results confirmed that all capital cities recorded a rise in dwelling values, with Hobart in the lead, recording…

melbourne city park happy peace victoria garden
0

Melbourne vendors in the driver’s seat as properties sell the fastest of any capital city

Over recent months the average number of days it takes to sell a residential property has been falling, reflecting the overall improvement in housing market conditions. The average days on market figure provides valuable insight into the performance of the housing market.   The figure measures the average difference between the date at which a…

Residex Property Market Update : February 2017

In the first Update for 2017, we present the latest repeat sales growth figures, rents and sales volumes.  In addition, we also examine the housing market performance across each capital city over the December quarter. Residex repeat sales index shows an acceleration in housing market performance across most capital cities over the second half of 2016….

melbourne
0

A slow start for Melbourne’s auction market

The Melbourne weekend auction season re-commenced for 2017 on Saturday after a five weekend holiday break and produced mixed results for the small number sellers testing the early season market.  Although auction numbers were predictably low for a late January holiday-impacted weekend, the 45 homes listed were nonetheless significantly down on the 100 listings recorded…

melbourne
0

When gentrification lacks empathy: a case study

The Melbourne suburb of Richmond is prime inner-city real estate, but the community is paying a price for redevelopment that jars with the existing neighbourhood, writes… Tod Jones, Curtin University  When we parachute into a city, whether for work or leisure, we are more sensitive to contrasts between the familiar places we leave behind and…

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!