In this article, we delve into the historical performances of both houses and units to help you make an informed decision when the time comes to purchase an investment property.
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Following on from our first list of five affordable suburbs in Melbourne, there are still investment opportunities out there for buyers of all budgets. Whilst many buyers will be priced out of Melbourne’s inner suburbs, the outer suburbs still have plenty of cheap property options available.
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Maximising capital growth should be the main objective for any property investor. However, the best path to get there is rife for debate. If you’re searching for the next investment, you’ll be faced with a choice between new or old property. While both options have their advantages, they are also several drawbacks to consider.
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With property prices surging to record highs over the pandemic and the median house price in Melbourne nearing $1.1 million, breaking into the property market is as hard as it’s ever been.
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When it comes to capital growth, the success of an investment property is dependant on the location of your land. Whilst the value of the house itself typically depreciates over time, it's the land that should drive up the price of your property.
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We all love the thought of a bargain. It’s the reason why we get excited for the boxing day sales or buy the half-price cereal at the supermarket.
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It was hard to fathom the property market in 2021. A number of pandemic-led factors propelled Australian property prices to unseen levels of growth - especially in our regional areas.
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2021 was a tumultuous year for property, business and health. As Australia experienced its third and fourth waves of the pandemic, the country also saw its fastest rise in dwelling values over a 12-month period since the 1980’s. An extraordinary 22.1% of growth was observed across the country despite restrictions placed on travel, house inspections and auctions.
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