Best Place To Buy Investment Property In Melbourne – Looking at investor statistics for the Australian property market over the past year, we see the lowest participation rate ever.
The pandemic affected Melbourne more than any other Australian capital in 2020, but what does it mean for investors in 2021?
Best Place To Buy Investment Property In Melbourne
With the real estate market booming thanks to major government stimulus, low interest rates and rising investment value, it seems like an opportune time for investors who were sitting on the sidelines.
What Are The Best Suburbs In Australia For Property Investment?
As the stay-at-home movement continues to sweep the state, coupled with the desire to avoid a return to the busy city lifestyle, investment has begun to increase in areas within walking distance of the Melbourne CBD.
So, when it comes to property investment, what is the best value in suburban Melbourne? We’ve compiled a list of the best suburbs:
In Melbourne’s south-east you will find the laid-back but progressive officer. With a median house price of $593,000* and a rental yield of 3.5%, Officer has always been a hotspot for homebuyers due to its convenient access to the train station, the Princes Freeway and some of Melbourne’s Best Schools.
The owner is home to one of the most popular master planned communities, Arcadia. This exciting property combines beautiful natural surroundings with an urban lifestyle. An upcoming town centre, two nearby train stations and three new schools on the doorstep make Arcadia a great choice for competitive investment value.
Best Suburbs To Invest In Melbourne
Staying west but just north, Melton is rising in Melbourne’s property market. The suburb has a median house price of $390,000* and has Victoria’s fastest growing economy in the last 10 years. This has made Melton very popular with home buyers in recent times.
It is only 45km from the city and offers links via Melbourne’s major metropolitan and interstate networks including the Tullamarine, Calder, Western, Princes and Hume Freeways. With a projected population growth of 40% within 40 years, it’s easy to see why Melton has long-term value.
The popular and fast growing suburb of Mickleham is regarded as a prime location for investors and landlords. An affordable and ideal location for growing families, the suburb offers a median home price of $578,000* and a rental yield of around 3.77%, making it a great opportunity for cash employers.
Mickleham is approximately 10 minutes away from the center of nearby Craigieburn amenities such as shops, sports facilities, schools and restaurants. Mickleham’s population was estimated at just over 3,000 in 2016 and is expected to reach 40,000 by 2026, with an average annual growth rate of 28.92%.
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Mickleham is a botanical estate, 29km from the CBD, easily accessible by car via the Tullamarine Freeway or by train from nearby Donnybrook station.
In terms of profitability, Box Hill is one of the newest and best suburbs on the Australian property market. Located 20 km from the CBD, its connection to health, education and new jobs may be the reason for the recent increase in investment value.
A high-growth area in Melbourne’s east, Box Hill saw capital gains of 20.84% during 2020*, making the city a top contender on the best cities list.
The leafy countryside of Tarneit has seen steady growth over the years, offering Werribee and the iconic bay on its doorstep. Recently, Melbourne’s west is predicted to grow by 12%, and population growth in the metropolitan area is certain to exceed 10%.
Property Investment Melbourne
With an average house price in Tarneit of $603,000*, and 25km from Melbourne’s CBD, Tarneit’s growth shows no signs of slowing down. is proud to present one of Tarneit’s most popular communities at Habitat at Davis Creek, with only a limited area left.
Investors will find plenty of open space at Habitat at Davis Creek, making it ideal for young families.
Pakenham, located 54km south-east of the CBD, is one of Melbourne’s fastest growing suburbs in the last 20 years. Due to the development of this popular suburb, there is an increasing demand for the new suburbs of Pakenham East.
When construction is complete, Pakenham East will have 7,200 new affordable homes and will create 1,300 new jobs and generate more than $1 billion for the Victorian economy over the next year. Buyers can look forward to the local town centre, three primary and secondary schools, three community centers and a local park and 44 hectare sports reserve. but the initial cost and design options will be the best value for investment.
What’s So Attractive About Melbourne Investment Property ?
As a new suburb with great benefits, the predictable rental returns can provide great value for buyers in East Pakenham when considering their next investment property. The fact that a number of high-end developers have sought out this area of Melbourne is a clear indication that many believe Packenham East is ripe for growth.
Leave the Hume Highway onto Donnybrook Road, turn right and find out why it’s so popular. Donnybrook is a fast growing area in Melbourne’s north. Along with the Woodstock neighborhood, there are plans for five local town centers, five community centers, six public schools, four private schools and 46 acres of parks.
The recent upgrade of Donnybrook station improves access, safety and passenger comfort, demonstrating the need for infrastructure growth in one of Victoria’s fastest growing communities.
Greenvale Reservoir, Greenvale Shopping Center and a 10-hectare sports center as well as its proximity to Melbourne Airport, Greenvale has long been a suburb in Melbourne’s north. Just 24km from Melbourne, this well-established and family-oriented suburb continues to see demand for housing.
Australia’s #1 City To Invest In Property Is Melbourne
The True North community caters for investors looking for great value in the northern suburbs of Greenvale and Melbourne. Beautiful home living is enhanced with city views, making this community hard to beat.
The community of Greenvale has established itself over the past 20 years as a popular destination for investors and owner occupiers. An artist’s impression of the True North Greenvale community.
Glen Waverley is located 19 km south east of the CBD and is residential in nature with a significant commercial area around Glen Waverley station. Closer to town and offering access to The Glen Shopping Centre, Glen Waverley Golf Course and Central Reserve, it’s easy to see why landlords will have no trouble finding tenants in a town where house prices more than $1.3 million*.
The biggest draw to Glen Waverly is its educational opportunities, with Glen Waverly High College recognized as one of the best public schools in Victoria. The school alone is known to drive demand in this popular suburb, keeping it on the radar of families and investors in the Australian property market for years.
Gill Property Group
A thriving yet relaxed community, Geelong is one of Australia’s fastest growing regional cities and offers great lifestyle options just an hour from Melbourne. Known as the gateway to Victoria’s world famous south west coast via the Great Ocean Road, the coastal city of Geelong has always been a popular choice for investors in the Melbourne property market.
Geelong has an average house price of $788,000* with excellent transport links to Melbourne and a wide range of infrastructure rarely found elsewhere such as sea, rail, road and air. An example of this is the Port of Geelong which will be the new home of the Spirit of Tasmania by the end of 2022. Such assets will continue to strengthen Geelong’s appeal to the business sector – diversity, to ensure that Geelong provides good choice and value for money. short term and long term investors.
It can take months or years to find a healthy living space that fits your budget. We will look at how the skilled saver can build his savings at home.
From first home buyers to investors, we have your financing options! Read on for a list of helpful mortgage tips and financing options available.
What Returns Should I Make From Property Investment?
Real estate is a very good investment. In fact, the CoreLogic Profile of Australian Residential Property Investor report found that property as a property is worth more than Australian superannuation funds and listed shares. If you want to invest in property, there are several things you need to consider: the price, the rental yield and the potential for your property to grow over time.
Melbourne property is in high demand – but what kind of return on investment can you expect from buying there? And which are the best suburbs to invest in Melbourne in 2020?
Using the latest data from , we’ve compiled a list of this year’s top 10 suburbs to invest in Melbourne, based on the annual median sale price, median annual sale price change and average rental price for rural properties.
Tyabb is Melbourne’s best investment suburb, with a median sale price of $892,500 and is also the cheapest in the top ten list.
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Located 55 kilometers south of the CBD on the Mornington Peninsula, Tyabb’s median annual sales price change is 47% and its annual rental yield is 3.98%.
Collingwood is very expensive to use,