Melbourne Property Investment 2020
Melbourne’s property market median house price is expected to reach the $1 million mark by the second half of 2021.
Melbourne property investment activity is likely to increase in 2020 as House prices are predicted to rise by 8 per cent this year to $970,000, then by 3 to 5 per cent in 2021.
Apartment prices should gain 5 per cent in 2020, then 3 per cent the next year.
The Victorian capital’s booming population is expected to create continued demand for housing.
National Investment Planning provides investment property selection and guidance for investors in the Melbourne property market.
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