Australia, 17th Aug 2022, King NewsWire, Melbourne is one of the most sought-after real estate locations in global rankings due to its great living conditions and excellent economic opportunities. This also means that there is no dearth of competition or properties to invest in. The city presents numerous opportunities to the discerning investor, who may require the services of an established real estate agent to strike it rich.
If you are looking to invest in property, a real estate agent can help you get started on your journey. They have the expertise and contacts to set you up with great deals. While it is not necessary to engage a real estate agent, it is recommended to do so to get a lay of the land. You may not be a native of the place you are looking to invest in, so a local agent who knows their way around is very handy. Now that we have touched on the basics, let us get down to business. Let us look at real estate investment in the Melbourne property market.
There is no denying that Melbourne is up there when we talk about Australian real estate. While there may be great places well worth your time and money, if you don’t have a good insight into the overall picture of the Melbourne real estate market, price ranges over the years, etc. It may all be for naught. This is why we have compiled a small list of must-invest places across the city to help out the budding realty investor. You will want to take a look at some of the hottest real estate suburbs for 2022 before buying an investment property.
- Over the last year, some parts of Melbourne like Knoxfield, Ashwood, Mornington, and Crib Point have shown a rising trend in property prices
- A more long-term (10-year) sustained increasing trend in Melbourne house prices is seen in Ashwood, Knoxfield, Scoresby and Templestowe
- The inner suburbs of Melbourne are seeing higher vacancy rates for rental properties in recent times, so real estate investors need to keep this in mind before putting in their money
- According to some estimates, by 2043, the average house prices in Melbourne will rise by 461.2%. This is higher than any other Australian city, including Sydney, Brisbane, and Adelaide. This might be the right time to snap up a property in Melbourne
By 2027, projections predict that Melbourne will become Australia’s most populated city with a population of 5.7 million (at present, Sydney is Australia’s most populous city). Consequently, prices are expected to boom as real estate becomes dearer. However, such information must be taken with a grain of salt. There is no telling how the Melbourne housing market will react to future changes. But, if you are considering real estate investing, now may be a good time to do so.
Trusted Real Estate Agents in Melbourne
Real estate investment is a serious business. There are millions of dollars involved and the wrong call will crush your dreams before they can take root. Therefore it pays to find a reliable real estate agent you can trust. Finding the right agent may take a while but it is worth the time and money. A professional agent will not only update you on the current trends and prices but also take you through the expected changes and inform you when there is a good deal to be made. If you are thinking about getting into the lucrative Melbourne property market, you need an equally trustworthy partner: Gold Coin Real Estate.
Gold Coin Real Estate is one of Melbourne’s leading real estate agencies. Our agents know everything there is to know about real estate investing and are adept at understanding client requirements. We ensure that our clients get the best Melbourne property prices they can hope to get. But we do not stop there; we also help them lock in their investment. It has taken many successful deals and investments to establish our reputation as one of Melbourne’s best and we aim to continue the tradition.
We are known for our tenacity and comprehensive range of services. Real estate properties you may have spent days and months dreaming of will now become your reality. We will help you with price negotiations and take possession of the property at the earliest. Our agents have studied the Melbourne real estate market for decades and know exactly how to get the best deals for our clients. You need not worry about the initial deposits or the paperwork. The best agents will be on them to ensure a hassle-free transaction.
There will be complete transparency in all our dealings. No money will change hands or deals brokered without your say-so. We will always respect your decision and your word will be final. Our job is to provide you with the necessary support to purchase your dream property and we will leave no stone unturned to achieve it. At Gold Coin Real Estate, what you see is what you get.
If you are looking for good Australian houses for sale in Melbourne, please contact us right away. Let us be your partner in this journey. Clients can submit their initial queries by calling us on 03 9770 4764 or writing to us at [email protected]. Our support staff will always be available on hand to walk you through our services and rates.
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