Property Investment In Melbourne – Suburbs Analysis & Expert Advice

The Melbourne property market has been one of the strongest and most consistent performers over the last few decades. Over the last 40 years: The median house price in Melbourne has increased by 7.9% per annum The median unit/apartment price in Melbourne has increased by 7.73%per annum Of course, like all property markets, the Melbourne […]

Read More >>

Why is Melbourne property leading the downswing?

The July CoreLogic index results show the Melbourne property market is the worst capital city performer since the onset of COVID19. June marked the third consecutive month of value falls across the city. This sees values down -2.3% from the previous quarter, when the market hit a record high. The results may be surprising, particularly […]

Read More >>

CoreLogic ‘rental stock on market’ data shows Sydney and Melbourne markets loosen over May

Amid COVID-19, much attention has been given to weaker rental market conditions. But as with buying and selling property, market conditions vary substantially among regions. New data estimates from CoreLogic, calculating the portion of rental stock advertised, shows further variation in the performance of rental markets across different capital cities. The percentage of rental housing […]

Read More >>

Vacancy Rates continue to Rise in Melbourne and Sydney

The national residential rental vacancy rate has recorded a minor decrease over the month from 2.6% in April to 2.5% in May 2020, with the total number of vacancies Australia-wide now at 86,398 vacant residential properties. However, the largest rental markets of Sydney and Melbourne recorded rises in rental vacancies. Sydney rose to 4.0%, making […]

Read More >>