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What kind of house can I buy at the Melbourne property market in Australia?
Author:wubaiyi Date:2018-07-30

1: From the price changes from 2004 to 2015, Melbourne's house prices are slightly fluctuating, and the average price is lower than Sydney; but the real estate price trend needs to look at the median price trend, and the market analysis based on the median price trend Melbourne's real estate is still relatively optimistic. According to the 2015 house price index, housing prices in Melbourne and Sydney are above the price of five provincial capital cities. However, when Sydney house prices fell, Melbourne's house prices are still rising. According to SQM's report: "Melbourne housing prices will accelerate in 2016, the population will continue to increase, and the occupancy rate of housing will decline, and rents will rise rapidly."

2: Melbourne's housing prices are above the five provincial capital prices in Australia. In Sydney alone, the real estate market in Melbourne has been relatively stable, and there is still plenty of room for growth in Melbourne's housing prices. Research data shows that Melbourne's current housing prices are relatively low compared to other four major Australian cities, so many new immigrants choose Melbourne as their preferred city to land in Australia. Experts predict that in the near future, Melbourne will have a larger population than Sydney and become Australia's most populous city, when Melbourne's housing prices will increase substantially.

3: The Melbourne property market has been very stable and will almost double in about 7 years. For example, the Melbourne-Malvern Vanguard project now buys only a 10% down payment. When it is delivered in 2018, and then a loan, the rent can be mortgaged. After renting for three or four years, you can earn half. Now!


 

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