Best Places to Invest in Melbourne
Melbourne recorded its lowest non-holiday weekend auction result for nearly 4 months on Saturday although the market remains generally in favour of sellers. Melbourne recorded a weekend clearance rate of 71.5% which was well below the previous weekends 77.6% but higher than the 41.2% recorded over the same weekend last year. 1013 homes were reported
Melbourne is known to be one of Australia’s most expensive cities to live in, following closely after Sydney. Maybe you’re selling a Melbourne property soon and want to know where it stacks up against the most exclusive, or you’re just curious to know where the most affluent neighbourhoods are. These are the suburbs with the
Melbourne recorded a remarkable boom-time auction clearance rate at the weekend with desperate buyers scrambling for available stock. Saturdays 84.1% stunning result was the highest recorded for nearly 3 years, well ahead of the previous weekends 75.5% and significantly higher than the same weekend last year’s 58.2%. Although auction numbers increased again at the weekend
Melbourne is continuing to grow, becoming an ideal area for many young professionals working in the CBD. Whether you’re moving from somewhere else or you’re selling your Melbourne property and deciding where to move to next, some of the five suburbs outlined here might stand out to you. These suburbs all give easy access to
Melbourne recorded another robust auction clearance rate at the weekend with buyers clearly strongly motivated to secure available property. Saturdays 75.5% result was the highest recorded by the local market since the spring of 2017 and well ahead of the previous weekends 71.4% and significantly higher than the 54.4% recorded over the same weekend last
Clearance rates continue to rise in Melbourne’s weekend auction market with buyer and seller confidence now clearly in revival mode. Melbourne’s recorded a clearance rate of 75.6% at the weekend of Saturday 27th July was higher than the previous weekends 73.3% and also again higher than the 60.3% reported over the same weekend last year.
Melbourne has become one of the most fast-growing capital cities in the past few years. After Sydney, it’s typically one of the most expensive places to live in Australia. However, there are some suburbs surrounding the Melbourne CBD that are more affordable compared to others. If you’re looking to find a bargain, now is one
Ten previously forgotten Aboriginal names for 19th century sites and suburbs of Melbourne have been recently unearthed at the Melbourne Museum. These include the names for Fitzroy (Ngár-go), Richmond (Quo-yung), Collingwood (Yálla-birr-ang) and Brunswick (Bulleke-bek). These names were in a cache of notes made by Alfred William Howitt, an anthropologist and Gippsland magistrate. His jottings
If we think of the bluestone in Melbourne, we may first think of the famous cobbled laneways intersecting the urban grid. Initially, these laneways were used for the collection of night soil – human excrement collected at night from buckets or privies – and they are still useful routes for collecting rubbish and recycling bins.
Melbourne’s property markets have been in the slump phase of the property cycle since late 2017. But our markets have been very fragmented with some suburbs falling in value considerably more than others. However the good news is that there are signs of the market bottoming out. Auction clearance rates have been picking up as