Residential Property Investment: Melbourne Real Estate

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Melbourne

residential investment MelbourneResidential property investment opportunities, Melbourne is the capital of Victoria and is Australia’s 2nd largest metropolitan city. Voted as ‘The World’s Most Liveable City’ by EIU in 2014.

Melbourne’s strong economy and continued growth has seen it become an aspirational place to live; renown for its laneways, fine restaurants, exceptional shopping and cultural lifestyle.

The largest employment industries in Melbourne are professional, scientific and technical services. High level services account for approximately 60% of all jobs in Melbourne. Overall Melbourne accounts for 24% of Victoria’s Gross State Product.

Over the last decade CBD development has doubled the size of the city grid. Further development is centred west of the CBD into the Docklands area, Fisherman’s Bend, E-Gate
and further north towards Arden and McCaulay.

Increased development and strong population growth has increased transport infrastructure spending including ring roads and motorways. Residents of Melbourne currently enjoy one of Australia’s most advanced transport system with train, bus and the largest tram network in the world.

Melbourne is world class destination expected to reach 6.34 million residents by 2035.

residential property investment Melbourne History

Melbourne CoverWould you like to know more about this city’s  residential property investment market, including its major property drivers and investment strategy?

Book a FREE Personal Strategic Analysis with your local Ironfish office, and you can get a full copy of this MyCity Melbourne report during the analysis.

Click here to book now. You will also:

  • Receive a Portfolio Analysis of your current situation using the latest Ironfish PPA software.
  • Establish a strategic plan to help you accumulate at least four properties over the next 10 years.
  • Have all your residential property investment questions answered.