Business Daily Media
Teamwork

.

SME Business News

Finding realestate in Melbourne the highly ranked livable city

  • Written by Greg Rogers


Year after year, Melbourne has been named in the top ten most livable cities in the World. Does that make realestate less affordable?

Each year, the list of the most popular cities in the World, draws attention to the leading locations and that focus, affects realestate prices. More people wanting to live somewhere that is very popular, leads to higher demand and that extra stimulous, leads to higher property prices.

Factors such as health care, culture, built environment, weather and infrastructure are taken into account when the rankings are considered. Melbourne usually beats Sydney.

We asked property industry leader, Jeff Grochowski of Accrue Real Estate for his insights into how Australians and immigrants can get a foot onto the property ladder in Melbourne.

Jeff replied, "Melbourne is becoming one city. The tribes that used to inhabit North of the Yarra River and South of the Yarra River are merging and that has lead to renewed interest in the well priced areas inner areas to the North West of the Melbourne CBD."

"People should look at buying a more affordable property with a land component rather than an apartment in lower population density residential areas including, Braybrook, Maidstone and Avondale Heights".

These areas are highly attractive as they are close to shopping at Highpoint West, are serviced by transport corridors and are within sensible commuting distance from Melbourne employment and social attractions. We suggest to our clients that they engage us to source investment property within a ten to twenty kilometre radius of Melbourne and preferably within ten kilometres."

Many of the suburbs within easy reach of the City are well within the 15 Kilometre radius and its a great place to start a property search. 

"Well established areas like Brunswick are always in strong demand from investors and people looking to move to the city from the outer suburbs." Jeff said.

At Business Daily Media, we see strong evidence that supports Jeff's assessment and suggest that previously "underdog suburbs" be looked at as a starting point for building a property investment portfolio. Immigration continues to be strong in Melbourne. The sustained increase in population numbers drive consistent demand.

As always, it is important not to overpay for any property and when people think beyond retail real estate shops, there are unlisted property markets that are accessed by people with strong property industry connections. Seeking advice from insiders with direct access to developers often leads to early picks on new projects and price savings.

Business Daily Media Business Development

Bundaberg Rum Distillery awarded 'World’s Best Distillery Tour'

Queensland-based Bundaberg Rum Distillery brings home a trophy at the ISC for the second year running   Bundaberg, Bundaberg Rum has taken home Trophies and Gold awards for the second...

Fuel Communications - avatar Fuel Communications

How to choose the right freight company

Moving cargo to another state or country can be challenging, especially when you have to move some heavy load. You have limited time to deliver the items, and sometimes you could be unde...

NewsServices.com - avatar NewsServices.com

Essentials That Can Aid in Seamless Business Functioning in this era

You have a breakthrough idea and a killer business plan for your startup. A talented workforce is ready to take on any challenges in the market. It can definitely be a recipe for your star...

NewsServices.com - avatar NewsServices.com

VISIT MALDIVES APPOINTS NEW AUSTRALIAN PR REPRESENTATIVE

International marketing body for destination Maldives, (Visit Maldives) has announced the appointment of Evil Twin PR as their Australian representative, after a competitive pitch process...

Jane Stabler - avatar Jane Stabler

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion