In 5 Years, Melbourne Is Predicted To Outstrip Sydney As The Nation’s Most Populous City.

If You Are Thinking About Investing, Now Is The Time To Do It. Don’t Wait For The Boom To Hit. It’s Already Here!

Discover What The Nation’s Top Economists And Journalists Are Saying About The Predictions For Housing And Growth In Melbourne.

People our Biggest Import as Melbourne gets Squeezier: Latest population estimates predict a surge of growth in both regional Victoria and greater Melbourne. Premier John Brumby wants Victorians to see this as a positive development. More
Rental Growth in Outer Suburbs: Vacancy rates for rental properties in Melbourne’s outer suburbs halve, forcing tenants to pay increased rent to landlords stung by interest rate hikes. More
Huge Land Bank puts Squeeze on Buyers: Landholders duck and weave as first home buyers wonder why only a fraction of available land is up for sale in Melbourne’s growth areas. A blame game is erupting among public and private land developers and the State Govt. More
No End to our Housing Boom: The building industry will struggle to keep up with the need for new homes as Australia’s ballooning population is predicted to approach 36 million by 2050. Higher interest rate rises may not be enough to cap demand. More
House Prices to Surge amid Property Shortage Crisis: According to a recent survey, Australia has the least affordable houses in the world. And property prices are unlikely to fall as the building industry struggles with a shortage of skills and onerous planning obstacles. More
House Rents set to Rise Again: The Global Financial Crisis gave tenants a breather in 2009 but economists are predicting increased rents and decreased vacancy levels across Melbourne in 2010 as the first home buyers grant is wound back and more would be renters enter the market. More
House Prices Drive Melburnians from Inner Suburbs: First Home buyers priced out of Melbourne’s inner suburbs, flock to Wyndham and Casey for affordable property. Australians are still firmly attached to the suburban ideal, but is the dream of the quarter acre block sustainable? More
Baby Boomers Face going into Retirement Saddled with Debt: Superannuation savings for many Australians close to 65 is not enough to fund a comfortable retirement and many will still have debt to repay, according to a study by the University of Canberra. Researchers blame renovations, increased house prices, and kids who won’t leave home. More
Build More Houses or Face Higher Prices: The Reserve Bank has suggested that Australia allocate more GDP to building new homes as housing demand continues to outstrip supply, pushing prices ever higher. This may result in a fight for funds with the booming resources sector. More
HIA predicts Housing Shortage to Quadruple: Dwelling construction high of 2009 needs to be even higher to meet demand says the HIA. Land banking by developers also under fire as a fraction of available land goes up for sale. More
Home Auction Bonanza: The good news is home auctions are at record levels, matched by high clearance rates. The bad news is that underquoting continues and increasing prices will force many home buyers out of the market. More
Prices Reach Limits: Property prices in Melbourne’s growth areas have risen steadily and shown less volatility than those in the inner suburbs, but supply continues to decrease and prices are expected to rise further in 2010. Good news if you are a landholder. More
No relief as prices rise by the hour: Land prices in growth areas rose a record $149 a day, or more than $1000 a week, in the June quarter, according to Oliver Hume Real Estate Group data. More