Melbourne’s Million-Dollar Suburbs – Q1 2025 Despite challenging conditions in Melbourne’s property market — including continued interest rate pressures — the first quarter of 2025 has shown strong price growth in many suburbs. Several locations across the city have seen substantial increases in median house prices, with some even pushing well above the $2 million mark. Price Resilience Amid...
Inflation Eases Again – Could an Interest Rate Cut Be on the Horizon? Australia’s fight against inflation is showing promising signs, with the latest data from the Australian Bureau of Statistics revealing a continued easing in price pressures. These figures were recorded before the recent tariff announcements by the USA, which could introduce new complexities to the global economic landscape....
Top growth suburbs over the last three month period ending 31 March 2025. Melbourne’s property market demonstrated solid growth in the March 2025 quarter, with multiple suburbs experiencing notable increases in median house prices. Buyer confidence appears to be strengthening, driven by limited stock and strong demand across both established inner-city areas and growth corridors. The momentum suggests...
Current Rental Market Trends Rental Market Snapshot, according to the Real Estate Institute of Victoria (REIV): Melbourne’s rental vacancy rate remained the same at 2.5% as of 31 March 2025, as it was recorded in the last quarter. Regional Victoria’s vacancy rate remained the same at 2.1% as of 31 March 2025, as it was recorded in the last quarter. Weekly median rent for houses in...
What value does a property manager deliver? Owning an investment property can be incredibly rewarding — not just financially, but as a step toward long-term wealth and security. But the day-to-day reality of managing a property is often more complex than people expect. From finding the right tenants and coordinating maintenance, to understanding legal requirements and staying on top of finances,...
How to diverse your property portfolio? Diversifying your property portfolio is essential to managing risk and maximizing returns. Here are key strategies to achieve a well-diversified property portfolio: 1. Geographical Diversification Different Locations: Invest in properties across various cities, states, or even countries. This reduces exposure to localized market downturns. Urban vs....
Co-living houses are becoming increasingly popular among property investors due to their high rental yields, efficient space utilization, and strong market demand. Compared to traditional rental properties, they present a lucrative investment opportunity. What is a Co-Living House Design? A co-living house is designed to create shared living spaces within a single-family home or multi-unit residence. The...
How the 2025 Federal Budget Impacts Property The Australian Federal Budget for 2025 has introduced several housing-related measures aimed at improving affordability and boosting supply. While some of these initiatives offer potential benefits, others have raised concerns among industry experts. Here’s a closer look at the key policies and what they mean for property buyers and investors. Expansion of...
Regular property inspections are crucial for property owners, managers, and tenants for several reasons. These inspections help maintain the property's condition, ensure compliance with regulations, and foster positive relationships between all parties involved. Here are the main reasons why they matter: 1. Preventative Maintenance Inspections allow for the early identification of issues such as...
Top things to do in Footscray Footscray has transformed over the years into one of Melbourne’s most exciting, diverse, and rapidly evolving suburbs. Just 5km west of the CBD, it offers an eclectic mix of cultures, cuisines, arts, and green spaces. Whether you’re a local, visitor, or someone thinking about investing here, Footscray has something for everyone. Here’s our round-up of the top 10 things...