Melbourne investment property

Investing in Off the Plan apartments in the Melbourne Property Market

There has been a shift in living habits in Melbourne. Whereas people used to look for detached homes with backyards and pools, Aussies now want to live in apartments in buildings with communal pools and gym facilities. They want to live near where they work, and equally close to trendy coffee bars, cafés, and restaurants. […]

What does the future hold for the cash rate?

Many Melbourne property investors are likely to have had their eye firmly on the official cash rate recently, with many analysts speculating about what the future might have in store.

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Don’t skip the research stage when buying at auction

Property buyers might be tempted not to research real estate when making a purchase at auction, which could potentially cause problems at a later stage.

Heritage properties catch buyers’ attention

Many buyers of investment property are sitting up and taking notice of the various historical properties that Victoria has to offer. From former workers' cottages to huge mansions, the diversity of the state's property stock is never difficult to see. The Real Estate Institute of Victoria (REIV) urged anyone buying one of these homes to […]

Head south of the river for Melbourne investment property

Anyone in search of decent returns on their Melbourne investment property needs to head south of the Yarra for the most lucrative opportunities, RP Data has claimed. The group's Robert Larocca revealed details of the 2014 CoreLogic RP Data Melbourne Property Values report, which found some considerable value rises in this part of the city. […]

Melbourne welcomes superfast mobile services

The appeal of Melbourne investment property could be about to improve even further, as superfast mobile services are rolled out across the city. Telstra's 4GX network has been expanded to include an additional 600 towns and suburbs, as demand for more efficient speeds grows across the country. This builds on the already extensive 4G network provided […]

Dwelling approvals rise across Victoria

More Melbourne investment property is likely to come onto the market over the coming months, as it emerges that dwelling approvals have risen across Victoria. Analysis of official data by the Housing Industry Association (HIA) indicates that the state is one of the country's standout performers, bringing good news to anyone on the lookout for […]

Melbourne transport to be given a boost

Plans are in place to introduce round-the-clock public transport options across Melbourne at weekends, further enhancing the liveability of the city. Victorian State Premier Daniel Andrews explained that from New Year's Eve 2015, 24-hour weekend trains, trams and buses should be in operation. Access to public transport can be a real coup for anyone taking […]

DIY property management has its downfalls

Doing property management yourself may seem like a money saving exercise but in the long run it could end up costing more than you think. This is the advice from CEO of the Real Estate Institute of Victoria (REIV) Enzo Raimondo, who explained the need to stay on the right side of the law with your investment […]

Melbourne market works in sellers’ favour

If you have a Melbourne investment property then it's worth noting that current market conditions are working in your favour if you're planning to sell any time soon. The latest Commonwealth Bank/CoreLogic RP Data Home Buyers Index (HBI), which covers the month of October, shows that conditions vary across several key markets at the moment. […]