Top things to do in South Yarra South Yarra is a prestigious suburb that sits only a few kilometers from the Melbourne CBD. Known for its luxury home designs, mansions and modern apartments, South Yarra is a city within a city. There are plenty of amenities and activities all year round. Here is a list of things to do, but in no particular order: Chapel Street Perhaps the most well known street anywhere...
Shopping centres were traditionally not the major considering factor for home buyers and property investors. However over the last decade, shopping centres have gradually upgraded their services. From retail stores to modern indoor entertainment facilities, to a vast choice of cuisines, the modern shopping experience has never been so diverse. These major shopping precincts have played a large contributing...
Melbourne property market has experiences some impressive capital growth returns. Toorak continues to rank the most expensive suburb with a median house price of $5,000,000 up from $4,455,000 in December 2020. Middle Park and Canterbury continue to hot the podium places of 2nd and third respectively. Middle Park has increased to $3,842,500 in June 2021 from $3,197500 in December 2020, while Canterbury has...
The Melbourne property market has seen some incredible capital growth, particularly in metropolitan Melbourne. There has been plenty of buying activity and successful auction clearance rates. Top growth suburbs by median house price Here is a current list of the suburbs that have seen some big capital appreciated from March 2021 to June 2021 (3 mth period): Top growth in median unit prices Here is a...
Rental Market Snapshot: The Melbourne property market continues to witness unprecedented capital growth, particularly in Melbourne. When buying an investment property rental income is just as important. Regional Victoria continues to demonstrate better vacancy rates to Metropolitan Melbourne. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant...
Tips to maximise your rent. When buying an investment property, most would agree, rent is as important as generating capital growth. Having the opportunity to receive a weekly income stream can be a real winner in so many ways . In this market insight, we share some tips to maximise your rent. Aim to establish long term leases By establishing a long term lease, you'll effectively...
Top 10 trends when building a new house. The property market has been in high demand in recent months. Many investors and owner occupiers have been taking advantage of various government stimulus packages and buying various types of properties in different locations. At Crest Property Investments we have seen some common trends with what people are looking for when building a house and land...
Buying a small block of land in Melbourne has become widely popular over the last 5 years. Given the fact Melbourne property prices have continued to increase, its created an affordability problem for many. At Crest Property Investments we have seen a large take-up of buyers wanting to build a new house on a small block of land. This has allowed many new buyers to enter the market without heavily...
When buying property you may have come across the term ‘days on the market’. Do you really know what it means and if it’s relevant to you? In this market insight we discuss this further and provide an example to help. What are days on the market? The term days on the market refers to the number of days between the day a property is listed on the market and the day it is actually sold. If a property...
Top things to do in the Docklands Southbank situated on the fringe of the Melbourne CBD (city) and known for luxury accommodation, water views and mouth watering food. A suburb widely popular for many city based office workers to travel over for after work drinks, functions and fun! Here is a list of things to do, but in no particular order: The District Docklands A unique shopping experience like no...