News

Property Investment Comparison in Melbourne VS Sydney

The annual Long Term Investing Report put out by the Australian Stock Exchange (ASX) and Russell Investments came out recently and again confirmed residential property as the premier asset class in Australia. Worth having a read and using in your discussions with prospective purchasers. Despite investors losing the stamp duty concession for off-the-plan property remains…

BIS Oxford Economics has reversed its earlier prediction that Melbourne will suffer a surplus of apartments, saying faster-than-expected population growth now meant the city would be in balance or even face an undersupply. The consultancy, which warned of a 15,000-apartment glut in the Victorian capital two and a half years ago and repeated the warning last year, now…

6 Good reasons to buy off-the-plan Property in Melbourne 2016   Buying a home that doesn’t exist sounds kind of crazy, but it could mean owning the property of your dreams.   Off-the-plan deals sometimes get a bad rap from investors who claim buyers risk paying too much, and you should always see exactly what you’re buying before…

Melbourne real estate price growth overtakes Sydney House prices Melbourne property prices have passed Sydney as the nation’s fastest growing, although they still lagged well behind in terms of absolute cost. Key points Melbourne’s year-on-year dwelling price growth of 11 per cent is the nation’s fastest Sydney’s annual property price growth of 10.5 per cent…

Melbourne property market 2016 Australia’s most resilient for annual home price growth Melbourne is the only capital city to have experienced double-digit annual home price growth, according to CoreLogic. MELBOURNE remains the only capital city to have experienced double-digit annual home price growth, confirming its status as Australia’s most resilient property market. CoreLogic RP Data’s…

MELBURNIANS are making as much as $15,000 a year renting out their spare rooms through popular accommodation website Airbnb.   Melbourne Airbnb hosts are earning an average of $7100 by taking in tenants for 30 to 60 days a year, the site said, but others were making more by offering spare rooms, granny flats, bungalows…

All forward indicators are looking positive for the property markets across Australia and higher values can be expected. Read the full article House Prices at Record Across Nation

Baby-boomers, pre-child couples, middle-aged divorcees and families are swapping over to apartments; and increasing numbers of people are choosing to live alone Read the full article Lifestyle Swap Fuels Boom in Apartments 2

Demand for apartments is springing from young people wanting to live in the inner city, migrants from countries where apartment living is already well-established, and from baby-boomers now downsizing as they get older. Read the full article Apartments High on the Wish List

In 1993 only 736 people lived in the city centre; 2 decades later more than 100,000 with a median age of 28 now reside in this 24/7 metropolis.  Over the same period, more than 1 million people have moved to Melbourne. Read the full article Building Pride in our Cities

One of the main advantages in buying off-the-plan is that you’re buying at today’s price but paying for it after it’s built. Read the full article Key Advice for a Good Start

Melbourne continues to experience some of the strongest population growth of all cities Read the article Melbourne continues 2

More people are trading the detached house lifestyle for the benefits of inner city living, so much so that an under-supply exists. Read more here Demand Shifting

When purchasing a property for investment it’s critical to consider what’s important to your end-user. Read the full article What Renters Want 2