Property Investment in Melbourne
Melbourne < Australia < Property Investment < Property < Keys To Success Club
August 2008
Melbourne had a terrible end of last boom cycle with a total over supply of high rise inner city apartments and many people getting caught out. 2007 also caught many people out in a positive way as the Melbourne property market went through a mini boom.
With median prices still well below Sydney and very strong fundamentals in terms of population growth, we still see good prospects in this region. There were spectacular rises in the south, south east part of the city and there are more than a few suburbs that look good value on the western side. A short video from the Inner West area of Melbourne.
Be careful on the high rise apartment scene as there is a fair amount of supply planned to enter the market...
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Keys To Success Club > Property > Property Investment > Australia > Melbourne