The Lisa Skye Business Buy Investment Properties in Melbourne

Buy Investment Properties in Melbourne

Buy Investment Properties in Melbourne

Using Super to Buy Investment Properties Melbourne has always been a popular property market and its reputation as one of the world’s most liveable cities has only strengthened. It’s also a great place to invest in residential real estate as a tenant-occupied investment. The city has the lowest rental vacancy rates in Australia and a good supply of properties.

However, the city’s suburbs all have their own distinct communities, neighborhood attributes and differing property growth cycles, which create a number of different investment opportunities for investors to consider. The best investment suburbs for Melbourne are those close to the city centre and in bayside areas, which boast strong capital growth prospects, affordable housing prices, and a good mix of lifestyle amenities.

Navigating the Melbourne Market: Tips and Tricks for Successful Property Investment

Other good investment suburbs include the middle ring eastern suburbs, where residents are trading backyards for courtyards and balconies. The outskirts of Melbourne are also growing fast with inner suburbs like Box Hill, and outer-suburban areas such as Truganina, Tarneit, and Melton South all showing solid gains.

Investors should be wary of poorly built apartments in high-rise developments located within lifestyle suburbs, which often have shoebox-sized living spaces and design flaws that aren’t suitable for long-term residency. Such apartments are more likely to be bought by overseas investors and could become the slums of the future. On the other hand, family-friendly apartments in low-rise developments that are located in suburbs with a strong history of capital growth and positive economic prospects make great investment properties.

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