When we discuss property in Australia, we tend to think of the ‘Australian Property Market’ as more of a blanketed topic.
Investing in property has always been a way of achieving long-term wealth. Success in the real estate world however, depends on if you buy in the right area or not.
House prices across Australia have been on the rise for some time now, but the driving force behind the boost isn’t always clear.
Although the real estate industry’s growth did slow towards the end of 2016 compared to the previous year, 2017 is set to be a hot one.
With 2017 set to be another busy year for real estate, investors are buzzing for the potential returns to be made.
The Australian real estate market is in a constant state of flux, with trends emerging unexpectedly throughout the year.
If you’re looking for a property for less than $1m with gorgeous surroundings and a substantial record of capital growth, Melbourne is the place to be.
2016 saw unstable increases in property demand, a significant degree of unaffordability for prospective homebuyers, and banks adamantly and unremorsefully raising their interest rates.
CoreLogic can show us that its data from 2016 and projections made for the coming year could very well see Perth going ahead, and fast.
After a year of such uncertainty in the Australian property market, surprisingly enough, Melbourne had finished the year off quite strong.