Best Places to Invest in Melbourne
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
Imagine this for your first property purchase. Just over 13 kilometres from the city, ready access to transport and ultra-cool facilities and all located right on the foreshore of Port Phillip Bay. Hampton may not have been your initial choice as a first homebuyer, but the truth is there are ways for you to take a
As Melbourne’s property market moved through 2017, it may have seemed a property punter would be just fine if they simply secured any holding and waited a few months for demand to drive prices higher. It felt like a ‘fool proof’ method for building wealth. Fast forward two years, and there’s been a hard lesson for real
Take a quick drive through the city or across some of the surrounding suburbs, and you will see first-hand how much development is taking place in Melbourne. Moreover, it’s not just in the city. There is significant development of the outer-residential areas as well, to the tune of thousands that didn’t even make the list