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Melbourne’s property market

Sought After Development Site in Regional Victoria

Following an exhaustive search leveraging off many local relationships, this 2,800+m2 development site with enormous potential was purchased by the Adviseable team for some very happy investor clients. Situated in an inner northside pocket of Bendigo, this highly sought after property was one of the last remaining in the area yet to be redeveloped. With some careful planning and savvy, the charming period home on site can be renovated and retained, with the block sub-divided into 5 separate lots with 4 new homes constructed. The completed project will deliver some significant equity upswing and serious cash-flow! Originally listed for over …

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Sought after development site

Buying in FOMO frenzied Melbourne

Buying properties in the FOMO frenzied extremely active first homebuyer belts is not for the faint of heart! Located in the Western Melbourne growth corridor, this 3 bed/2 bath/double garage 9 year old home was purchased for $481,000 by the Adviseable team within a few short days of being listed. Fortunately for us, this property was being sold with an existing lease in place so this eliminated much of the potential homeowner competition and enabled us to get it to contract at a great price. No easy feat in hot markets like this!

Melbourne’s Property Market is out-pacing Sydney’s. Why?

Melbourne’s property market is out-pacing Sydney’s. New data from Core Logic indicates it’s a trend that could well continue With lower average property prices in Melbourne’s property market, and therefore better affordability – along with Sydney house prices at record highs – more people are looking to Melbourne’s property market to secure property. In June, Melbourne’s median dwelling price rose 2.71 per cent, whereas Sydney’s increase was 2.21 per cent In the past year to 30 June, Melbourne price growth also out-performed Sydney’s. Melbourne’s median dwelling price rose 13.7 percent (to $913,060), whereas Sydney’s median dwelling price rose just 12.2 …

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Melbourne’s property market
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