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Melbourne's top 20 liveable suburbs have been revealed by Corelogic. No surprises here, inner city suburbs takes the lead, due to their proximity to schools, shops, services, public transport and other convenience and amenities. Questions to ponder: While these have all the conveniences for owner occupiers, would you consider properties in these areas as an investment? Would you be buying in these suburbs? Top 20 most ‘liveable’ Melbourne suburbs Fitzroy Carlton East Melbourne Fitzroy North North Melbourne Princes Hill Collingwood Cremorne Carlton North Melbourne Windsor South Yarra Richmond Abbotsford Kensington South Melbourne Northcote Southbank Brunswick Flemington https://7news.com.au/news/melbourne/melbourne-most-liveable-suburbs-are-fitzroy-carlton-east-melbourne-according-to-report--c-4326260

Both buying in the same budget range. This also assumes they are buying with a $750,000 budget. Consideration 6: Where Can You Buy with the Budget? Now the curve ball. Where can first home buyers buy for the budget. a budget of $870,000 .

Would these prices fit your budget? The right budget for the right property at the right location. What does this mean for investors? The BOOM suburb will be different depending on your budget. Curious about the next BOOM suburbs tailored to your budget? Contact us today! expected to boom in the next 12-24 months, customised to your investment budget, for  $38 + GST .

Not Knowing Your Budget, and Not Sticking to Your Budget What is your budget? We've come across many home buyers who do not have a good idea of what expenses they have to budget for provide you with an idea of costs, if you need one, Make sure you include the relevant ones in your budget tricked into a good property that seems cheap, but were out-bidded by someone else who had a fatter budget for independent advice, here is how we can help: Tailored Advice - We find out what you want, your budget

Your budget, and your goals. Working out the the budget is simple. Our mortgage partners will help you understand your budget. We identity trends and select some of the best suburbs to invest in for your budget, goals and risk appetite Median Price 2025  Median Price 2020 Median Price 2015 Growth 2015-2025 Growth 2015-2019  Growth 2020 Personalised strategy  is crucial—buyers need to align their budget, needs, and goals with the best-performing

How do I determine my Budget, and Stick to my Budget? What is your budget? We've come across many home buyers who do not have a good idea of what expenses they have to budget for provide you with an idea of costs, if you need one, Make sure you include the relevant ones in your budget tricked into a good property that seems cheap, but were out-bidded by someone else who had a fatter budget looking to buy you next home, here is how we can help: Tailored Advice - We find out what you want, your budget

Both are first home buyers and they embarked on their first home buying journey with similar budgets in May 2020. With their maximum budget of $800,000, they engaged a buyer's advocate to help them find their first Without extending their budget, they could only afford properties in suburbs 10-15 km further away. Considering the extra year of rents they had to pay, plus having to eventually extend their budget, they

As Australia starts to relax its COVID-19 restrictions, Victoria has suddenly seen a spike in infections, and 12 suburbs are being put back into stage 3 lockdown. What does this mean for the Melbourne property market? How will this impact the Melbourne property market? What should you do, if you are STILL house hunting? Savvy property hunters are still buying throughout the lockdown. Should you have bought? Is it too late for you? COVID-19 Melbourne has, unfortunately seen a spike in COVID-19 infection numbers. 12 suburbs have been marked as COVID hotspots and travel in and out of these suburbs are being discouraged. This may seen dire, but how would this affected interests in the property market? While buyers are still buying, and properties are still being sold, CoreLogic has reported a drop in median prices. Is this a sign that the property market is crashing again? Unlikely. While drops of 1% make newsworthy and eye catching headlines, it does not necessarily mean prices are starting to crash. Prices seem to be trending down, but with buyers usually shopping within a price range of +/- 10%, it is hardly a cause for concern. What's more worrying is the curge in COVID-19 cases in Victoria. The possibility for a state-wide lockdown is high. Victoria could be put back into a Stage 3 restriction, if not worse. This means, non-essential businesses will once again be forced to shut, and non-essential travel banned. Outlook for the next 3 months If a statewide lockdown is re-instated in Victoria, activities could see a slow-down in buying and selling. Prices over the next 3 months will likely be stagnant (+/- 2-3%). Why so? Here is why: Foreigners are buying into Melbourne properties. They have seen how the Melbourne property market has consistently performed over the last 30 years, and the low Australian dollar is making this even more attractive. They will be reaping the rewards of low AUD (which will appreciate in future), plus the consistent 7% annual growth in property prices. While the rise in COVID-19 numbers are alarming, it is not unexpected. The spread of COVID-19 numbers worldwide, has reached a point where its containment and eradication is no longer practical and possible. People will start to get used to the the notion of living with COVID-19 for a while. When Smallpox, tuberculosis, AIDS were first discovered, people are equally alarmed at how deadly they are. Despite decades of trying to cure and eradicate these diseases, they are still around. And life goes on for us. Humans will learn to adapt to the new normal. Other than Victoria, all other states and countries in the Oceana reagion is starting to open us, and business activities are resuming. As the economy of the states around Victoria boom, Victoria has a lot to catch up. And the longer it stays shut, the more it will have to catch. And it will catch up. Victoria will not stay shut forever. We believe if a lockdown is re-instated, it will likely last 4 to 6 weeks, max. What does this mean for the buyer? Well... this would be the million dollar question. What should you do ? Get in touch to find out.

Melbourne Property Wrap-up Jul-Sep 2020 If you recall our July 2020 update, we've predicted a rather stagnant property market in the July-Sep 2020 quarter. Have a look at the the infographics released by Corelogic in Oct 2020 above. The property market outlook for Oct-Dec 2020. The property market outlook for Oct-Dec 2020 is going to be exciting.

They are colleagues at work, and had decided to buy their first homes with similar budgets. The real names had been replaced by Group 1 and Group 2, and their budget and property price growth has Case Study: Group 1: Budget $1,000,000. Bought with our Buyers Advocates, and took 3 months. Group 2: Budget $1,000,000. Bought on their own, and took 9 months longer. Keeping their original budget of $1,000,000, they managed to buy about 15km further away from the city