While much of the property conversation in Melbourne focuses on houses and individual apartments, a quieter segment of the market has been steadily gaining momentum. Entire blocks of units, typically 4, 6, 8 or more residences on a single title, are attracting renewed attention from investors. What’s driving this shift? Opportunity often hides in plain
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We are on the cusp of a major rebound. Big things are brewing in the Melbourne property market, and investors are starting to pay attention. We’ve spent time talking to accountants, listening to economists, reading the data, and tracking global market trends because in real estate, it’s not enough to just sell homes. It’s about
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The Victorian Government has introduced significant changes to rental laws through the Consumer and Planning Legislation Amendment (Housing Statement Reform) Bill 2024. Set to take effect in November 2025, these reforms will reshape the rental market, with key implications for landlords, rental providers, and investors. Here’s what you need to know about the upcoming changes
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Here is a breakdown of what a property manager does and how they can help you to manage your investment property eliminating some of the time and stress that can come with property ownership. Managing multiple investment properties can be time-consuming, not to mention stressful when things go wrong. The role of a property manager
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Property maintenance isn’t just a recurring cost – it’s an essential investment strategy that protects your assets, ensures stable rental income, and boosts the long-term value of your property. As a property investor, your portfolio is the foundation of your financial growth, but owning real estate requires more than just collecting rent. Regular property maintenance
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Australian renters are facing significant challenges as rents reach record highs and the cost of living surges, making housing increasingly unaffordable. In response to this crisis, the McKell Institute, a think tank that collaborates with leading academics, industry, and policy experts from top Australian universities, has proposed a novel solution aimed at relieving renters’ financial
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The suburbs where house prices rose by $200,000 or more # Suburb State Region (SA4) Median value (AVM) YoY change (%) YoY change ($) 1 Bellevue Hill NSW Sydney – Eastern Suburbs $9,951,000 13% $1,109,000 2 Strathfield NSW Sydney – Inner West $3,936,000 14% $477,000 3 Mermaid Beach QLD Gold Coast $3,071,000 17% $447,000 4
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Vacancy rates in Melbourne’s rental market are usually very tight, often sitting below the national baseline. And thanks to soaring demand and a severe undersupply across Victoria, and the rest of the country, the national vacancy rate is exceptionally low today by historical standards. SQM Research reports Melbourne’s vacancy rate at 1.5%. By comparison, the
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In the first month of this Spring season, we saw the highest number of new listings come onto the market. This has given buyers more choice and as expected led to softening auction clearance rates. As usual, new listing volumes will hit a seasonal peak in November, before tapering off in the weeks leading up
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