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Property markets
Melbourne, Victoria
Melbourne is known for being one of the most liveable cities on earth. Often referred to as ‘the Sporting Capital of the World’, it is also famous for its graffitied laneways, amazing food, excellent coffee, cultural diversity and bayside location.
When it comes to sporting events, Melboure has the privilege of hosting: AFL Grand Final, Formula One Australian Grand Prix, Melbourne Spring Racing Carnival, Australian Open Tennis and the Boxing Day Ashes Test Match. Is it a good time to buy property in Melbourne, Victoria? Melbourne and more broadly Victoria is one of Australia's most consistently strong economies and most dependable property markets and it has proven its resilience more recently once again with the strength of its rebound post what were considered to be some of the heaviest lockdowns in the world during the Covid Pandemic. With a strong economy, world-class infrastructure, robust job market and endless opportunities for sports and entertainment – it’s no surprise that so many people are choosing Melbourne as their home destination.
For those considering investing in Melbourne for the first time or planning to expand their portfolios interstate, there are many high-quality investment opportunities in well-developed suburbs to choose from and if stronger rental yields is the target, crucial for those who are looking to build a sustainable property portfolio, there are numerous very well established and thriving Regional Centers making Melbourne and more broadly Victoria, a fantastic choice as an investment location.
When it comes to sporting events, Melboure has the privilege of hosting: AFL Grand Final, Formula One Australian Grand Prix, Melbourne Spring Racing Carnival, Australian Open Tennis and the Boxing Day Ashes Test Match. Is it a good time to buy property in Melbourne, Victoria? Melbourne and more broadly Victoria is one of Australia's most consistently strong economies and most dependable property markets and it has proven its resilience more recently once again with the strength of its rebound post what were considered to be some of the heaviest lockdowns in the world during the Covid Pandemic. With a strong economy, world-class infrastructure, robust job market and endless opportunities for sports and entertainment – it’s no surprise that so many people are choosing Melbourne as their home destination.
For those considering investing in Melbourne for the first time or planning to expand their portfolios interstate, there are many high-quality investment opportunities in well-developed suburbs to choose from and if stronger rental yields is the target, crucial for those who are looking to build a sustainable property portfolio, there are numerous very well established and thriving Regional Centers making Melbourne and more broadly Victoria, a fantastic choice as an investment location.
Sydney, New South Wales
Sydney is Australia's largest city and due to its strategic position, is considered to be Australia’s only truly global city with a major gateway to domestic and international markets. Known as the Emerald City, Sydney is famous for its landmarks like it's world-famous Sydney Harbour Bridge, the Sydney Opera House, Bondi Beach and the stunning natural scenery of the Blue Mountains as well as its thriving arts, culture, and nightlife scenes. It’s no wonder that Sydney and more broadly NSW is one of the most sought-after places to live in the world.
Is it a good time to buy property in Sydney, New South Wales?
Sydney's property market has gone from strength to strength for decades as it continues its well-established trend of being Australia's most expensive capital city and it should come as no surprise that Sydney is home to Australia's 20 most expensive postcodes. It's for this same reason and many others that home-owners and investors alike seek to purchase property there. The result is a real estate market that is constantly in high demand with high growth future prospects and this is not just limited to Sydney's metro area.
Regional NSW also provides access to all the lifestyle and cost advantages that only a strong regional area can bring. Greater NSW is considered to be one of the top market jurisdictions in the nation with some of the most diverse regional economies offering lifestyle and investment opportunities that other states can’t match.
Regional NSW also provides access to all the lifestyle and cost advantages that only a strong regional area can bring. Greater NSW is considered to be one of the top market jurisdictions in the nation with some of the most diverse regional economies offering lifestyle and investment opportunities that other states can’t match.
Perth, Western Australia
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Perth is a hidden gem and is known for being one of the most isolated cities in the world and is officially Australia’s sunniest city. Its history and recognition as the “City of Lights” continues to intrigue people far and wide. Perth is unique in the fact that it is completely surrounded by Australian nature but also widely renowned for its 19 beaches, its vast parks and nature reserves and it comes as no surprise that wildlife is never far away in Perth. Taking advantage of the sunny Western Australian climate, it has the highest concentration of rooftop bars and alfresco eateries in the country.
Is it a good time to buy property in Perth, Western Australia?
When it comes to Perth's property market, it is no secret that it holds the status as the most affordable capital city in Australia. The Real Estate Institute of Australia officially named the Perth property market as Australia's most affordable capital city and Perth has risen on the back of it. Previously known as an economy only bound by its strong mining sector, in recent years Perth has transformed and emerged from its mining reputation to establish itself as a strong diversified and growing economy.
Fuelled by State and Federal government stimulus, the property market in Perth and broader Western Australian has forged ahead delivering notable growth. With strong demand for property by those attracted to its well-balanced lifestyle as well as interstate investors who realise the growth potential, Perth and greater Western Australia is continuing to attract a flood of buyers.
When it comes to Perth's property market, it is no secret that it holds the status as the most affordable capital city in Australia. The Real Estate Institute of Australia officially named the Perth property market as Australia's most affordable capital city and Perth has risen on the back of it. Previously known as an economy only bound by its strong mining sector, in recent years Perth has transformed and emerged from its mining reputation to establish itself as a strong diversified and growing economy.
Fuelled by State and Federal government stimulus, the property market in Perth and broader Western Australian has forged ahead delivering notable growth. With strong demand for property by those attracted to its well-balanced lifestyle as well as interstate investors who realise the growth potential, Perth and greater Western Australia is continuing to attract a flood of buyers.
Brisbane, Queensland
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Brisbane is Australia’s third most populated city after more well-known Sydney and Melbourne and is actually the fastest-growing capital city in Australia in terms of both population and employment. It is rightly famous for its amazing climate that is near perfect all year round, and its proximity to many of Queensland's major tourist destinations has helped make it into a Mecca for visitors to Australia.
The combination of 'fun and sun' is always the main appeal of the city but it also has a great deal to offer the recreational visitor, with a good street café scene, riverside park areas, a busy cultural calendar with international sporting events and an excellent nightlife. Is it a good time to buy property in Brisbane, Queensland? Brisbane's property market remained stagnant for years but in recent times has bounced back into life as it plays catch-up after years of not going anywhere. Brisbane's property market prices are much more affordable than it's Sydney and Melbourne counterparts, so much so that Brisbane has seen an increase in people relocating from your more expensive states looking to capitalise on the great value for money the Queensland property market has to offer as well as the beautiful climate it presents almost all year round.
Major improvements currently underway by the state government have helped propel the Brisbane property market forward in a short period of time and this has extended out to Queensland's vibrant and diverse regional economies which have also experienced unprecedented growth demonstrating just how powerful the Queensland property market can be and the potential opportunity it offers for buyers and investors alike.
The combination of 'fun and sun' is always the main appeal of the city but it also has a great deal to offer the recreational visitor, with a good street café scene, riverside park areas, a busy cultural calendar with international sporting events and an excellent nightlife. Is it a good time to buy property in Brisbane, Queensland? Brisbane's property market remained stagnant for years but in recent times has bounced back into life as it plays catch-up after years of not going anywhere. Brisbane's property market prices are much more affordable than it's Sydney and Melbourne counterparts, so much so that Brisbane has seen an increase in people relocating from your more expensive states looking to capitalise on the great value for money the Queensland property market has to offer as well as the beautiful climate it presents almost all year round.
Major improvements currently underway by the state government have helped propel the Brisbane property market forward in a short period of time and this has extended out to Queensland's vibrant and diverse regional economies which have also experienced unprecedented growth demonstrating just how powerful the Queensland property market can be and the potential opportunity it offers for buyers and investors alike.
Adelaide, South Australia
Adelaide is Australia's most diverse and free-spirited city. Perfectly positioned just a short drive from some of Australia’s most unique, globally-renowned regions, It is also known as the '20-minutes' city, primarily because any significant location in Adelaide like the airport, city centre and beaches can be reached within 20 minutes!
Also known as the wine capital of Australia, Adelaide is the gateway to some of best vineyards and wine regions in the world. Combine this with its relaxed atmosphere, stunning natural scenery, charming historic towns and exceptional gourmet experiences, Adelaide punches well above its weight. Is it a good time to buy property in Adelaide, South Australia?
The Adelaide property market is characterised by its consistency and steadiness and the excellent value for money it offers. It is a standout property market and is often referred to as Australia's most under-rated market. Adelaide has experience years of consistent and steady growth, even when other states showed times of reduced activity levels, Adelaide continued to push forward and is now one of the strongest property markets in the nation with growth continuing to drive price levels to new heights.
The City's market has risen on the back of major improvements undertaken by the state economy resulting in South Australia recently being ranked as one of the nation's strongest performing property markets in the CommSec's State of States Report. This has caught the attention of both local and interstate buyers who have been buying up property in Adelaide's reliable property market and the trend has also extended out to South Australia's regional areas which have also experienced a similar rate of growth over the years.
Also known as the wine capital of Australia, Adelaide is the gateway to some of best vineyards and wine regions in the world. Combine this with its relaxed atmosphere, stunning natural scenery, charming historic towns and exceptional gourmet experiences, Adelaide punches well above its weight. Is it a good time to buy property in Adelaide, South Australia?
The Adelaide property market is characterised by its consistency and steadiness and the excellent value for money it offers. It is a standout property market and is often referred to as Australia's most under-rated market. Adelaide has experience years of consistent and steady growth, even when other states showed times of reduced activity levels, Adelaide continued to push forward and is now one of the strongest property markets in the nation with growth continuing to drive price levels to new heights.
The City's market has risen on the back of major improvements undertaken by the state economy resulting in South Australia recently being ranked as one of the nation's strongest performing property markets in the CommSec's State of States Report. This has caught the attention of both local and interstate buyers who have been buying up property in Adelaide's reliable property market and the trend has also extended out to South Australia's regional areas which have also experienced a similar rate of growth over the years.